Tidal Bridge BV, a joint venture (JV) of Strukton International and private equity firm Dutch Expansion Capital (DEC), has started the feasibility study for the Palmerah Tidal Bridge project at Larantuka Strait in Indonesia.
The first phase of the project includes the construction of an 800m floating bridge, and a tidal power plant with an installed capacity between 18MW and 23MW — able to provide energy for over 100,000 people.
Following completion of the first phase, the project may involve an extension of the power plant to an installed capacity of 90MW to 115MW.
Eric van den Eijnden, Tidal Bridge CEO, said: “We are proud to contribute to this bridge with cutting-edge technology and the largest tidal power plant in the world and in so doing be able to increase the living standard of the people.”
The beginning of the feasibility study follows the signing of the Head of Agreement in April 2016. The project secured the National Strategic Project status.
* Data provided by Timetric's Construction Intelligence Center.