Samsung C&T has secured an EPC contract from PT Jawa Satu Power to construct a 1,760MW combined cycle power plant in Indonesia.
PT Jawa Satu Power, a consortium of PT Pertamina (Persero), Marubeni and Sojitz, will develop the $1bn project in Cilamaya.
Samsung C&T will form a joint venture with General Electric (GE) Power and PT Meindo Elang Indah (Meindo), and its share will be worth more than half of the EPC contract price.
The Jawa 1 power plant is expected to be the biggest combined cycle power plant in Southeast Asia and will supply electricity to approximately 11 million homes.
The power plant is part of the government’s 35,000MW electrification programme.
Samsung C&T’s head of plant business unit Sechul Oh said: “We are very pleased to take part in the Jawa 1 power plant project, which will contribute to energy development in Indonesia.
“Based on Samsung C&T’s core values of quality and safety, we look forward to delivering a successful project together with our partners.”
Samsung C&T has completed several power plant projects around the world, including Muara Tawar power plant in Indonesia, Dongducheon CCPP and Kumho CHP-S1 projects in Korea, and EMAL Phase2 CCPP and Shuweihat 2 CCPP in the UAE.
Samsung C&T had earlier won a $421m reclamation contract from the Civil Engineering and Development Department (CEDD) in Hong Kong.
The contract was given to a joint venture between Samsung C&T and local construction company ‘Build King’.
The project, located off the coast of Tung Chung on the northern part of Lantau Island, is the first step in developing the area into a new town for 270,000 residents and will create 134ha of reclaimed land. Construction is expected to be completed by July 2024.
Samsung C&T’s has a 49% stake in the joint venture with Build King, representing a $421m interest in the $859m contract.