Arab News, Saturday, Nov 26, 2022 | Jamadi Al Awwal 2, 1444
ACWA Power signs JDA with Indonesia's Pertamina NRE to energize Tuban Refinery
Saudi Arabia:
Saudi Arabia's ACWA Power and Indonesian energy firm Pertamina New & Renewable
Energy signed a joint development agreement on core utilities supplies to Tuban
Grass Root Refinery and Petrochemical Project in Java, eastern Indonesia.
The agreement was signed during the B20 Summit
last week but ACWA has only now revealed the details.
The scope of the JDA includes development of a 575
MW power generation facility, a steam generation component with a capacity of
3,288 tonnes per hour; and a water desalination plant with a total capacity of
363,480 m3/day, said the press release.
These facilities will feed to the Tuban refinery
which produces aromatics and ethylene. This is one of Indonesia’s national
strategic projects as it aims to build energy security and advance the domestic
petrochemical industry.
The power and water desalination plant for the
Tuban GRR&P is expected to be operational by the first quarter of 2027.
“With climate change implementation strategies at
the top of the global consciousness, an integrated approach that can enable
decarbonization in a responsible and reliable manner is key to mitigating the
impact of carbon-intensive industries,” said Paddy Padmanathan, CEO and vice
chairman of ACWA Power.
He added: “As a company that is driving the
transition, we are proud and privileged to be collaborating with such a
visionary company as Pertamina NRE, leveraging our extensive expertise in
delivering renewable energy and desalinated water at scale, and now green
hydrogen as well, to deliver successful outcomes.”
Pertamina NRE is focused on building green
businesses and developing decarbonization initiatives in Indonesia, as its
parent firm Pertamina Group has set a target to reach net zero emissions by
2060.
“This is a strategic collaboration where we will
take part in supporting Tuban GRR&P project that will play a key role in
building national energy security. It is very exciting that we are going to
support Tuban GRR&P project by providing low-carbon solutions. Having a
reputable strategic partner is very crucial in terms of technology transfer and
risk sharing. We believe this collaboration will create significant value,” said
Dannif Danusaputro, CEO, Pertamina NRE.