China offered to build nuclear power plant 5x1000MW amount US$ 40 Billion in Indonesia

JAKARTA - The Chinese government expressed interest and prepare an investment of US$ 40 billion to build a nuclear power plant (NPP) 5x1000 Megawatts (MW) in Indonesia.

"The location of the nuclear power plant is planned in the Bangka-Belitung Islands region. Prime Minister of China also has discussed this with the President Jokowi at the APEC meeting last month," said President Director of PT Industri Nuklir Indonesia (INUKI) Yudi Utomo, Tuesday (2/12/2014) evening.

In the mega project, Yudi said INUKI will act as executor or operator and maintenance (O&M) in nuclear power plants are planned to be built using Chinese technology.

"I'm sure that 100 percent of the funding comes from China. But the use of domestic products is more than 70 percent," he said.

Even so, Yudi understood that this pioneering nuclear power plant project in Indonesia is still hampered by a number of constraints such as the complexity of licensing and the paradigm of people who think that the use of nuclear energy will only be a source of dangerous problem. Paradigm is awakened by the explosion of the Chernobyl nuclear reactor incident in Russia and the Fukushima plant in Japan a few years ago.

"However, if nuclear power plants built with the appropriate safety factor, events such as Chernobyl and Fukushima will not happen. Now it's just a whim of President alone. Want to make nuclear power plants are considered to be economical or not?" Yudi said.

He added, which leads nuclear SOE is already talking about the price of electricity to be generated the plant to PT Perusahaan Listrik Negara (Persero) is about US$ 5 cents per kilowatt hour (Kwh). After the permit is granted, the partners INUKI and takes about 10 years to build a nuclear power plant the Bangka-Belitung Islands. For the construction of nuclear power plants will require investment of US$ 7-8 million per 1 MW, so for nuclear power plants with a capacity of 5x1000MW needed funds worth US$ 40 billion. (*)

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