Cempaka Development, Construction & Utilities: PLN signs $888m power contracts with Chinese firms

"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,.. etc.)

"A Summary" – Apr 2, 2011 (Kryon channeled by Lee Carroll) (Subjects: Religion, Shift of Human Consciousness, 2012, Intelligent/Benevolent Design, EU, South America, 5 Currencies, Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Middle East, Internet, Israel, Dictators, Palestine, US, Japan (Quake/Tsunami Disasters , People, Society ...), Nuclear Power Revealed, Hydro Power, Geothermal Power, Moon, Financial Institutes (Recession, Realign integrity values ..) , China, North Korea, Global Unity,..... etc.) - (Text version)

“.. Nuclear Power Revealed

So let me tell you what else they did. They just showed you what's wrong with nuclear power. "Safe to the maximum," they said. "Our devices are strong and cannot fail." But they did. They are no match for Gaia.

It seems that for more than 20 years, every single time we sit in the chair and speak of electric power, we tell you that hundreds of thousands of tons of push/pull energy on a regular schedule is available to you. It is moon-driven, forever. It can make all of the electricity for all of the cities on your planet, no matter how much you use. There's no environmental impact at all. Use the power of the tides, the oceans, the waves in clever ways. Use them in a bigger way than any designer has ever put together yet, to power your cities. The largest cities on your planet are on the coasts, and that's where the power source is. Hydro is the answer. It's not dangerous. You've ignored it because it seems harder to engineer and it's not in a controlled environment. Yet, you've chosen to build one of the most complex and dangerous steam engines on Earth - nuclear power.

We also have indicated that all you have to do is dig down deep enough and the planet will give you heat. It's right below the surface, not too far away all the time. You'll have a Gaia steam engine that way, too. There's no danger at all and you don't have to dig that far. All you have to do is heat fluid, and there are some fluids that boil far faster than water. So we say it again and again. Maybe this will show you what's wrong with what you've been doing, and this will turn the attitudes of your science to create something so beautiful and so powerful for your grandchildren. Why do you think you were given the moon? Now you know.

This benevolent Universe gave you an astral body that allows the waters in your ocean to push and pull and push on the most regular schedule of anything you know of. Yet there you sit enjoying just looking at it instead of using it. It could be enormous, free energy forever, ready to be converted when you design the methods of capturing it. It's time. …”

Sunday, April 27, 2008

PLN signs $888m power contracts with Chinese firms

Ika Krismantari, The Jakarta Post, Jakarta | Sat, 04/26/2008 12:02 PM

State power firm PT PLN signed two engineering procurement contracts (EPC) worth US$888 million in total Friday with two Chinese companies for the construction of two coal-fired power plants in East Java and Aceh.

PLN signed the EPC contract for the 700-megawatt (MW) Tanjung Awar-awar power plant in East Java with a consortium of China National Machinery Equipment Corp. (Sinomac), China National Electric Equipment Corp. (CNEEC) and a local company, PT Penta Adi Samudra, with the contract estimated to be worth $642 million.

PLN signed another contract worth $247.4 million for the 200-MW Nagan Raya plant in Nanggroe Aceh Darussalam with another Chinese company, Sinohydro Corp.

PLN president director Fahmi Mochtar said the projects were expected to be completed within 2 years, with the first unit of the plant starting commercial operation in October 2010, followed by the second one in January 2011.

Both plants are part of the government's 10,000-MW power plant project, initially scheduled for completion by the end of next year, but the deadline is likely to be extended due to financial problems.

The program will see PLN build 10 coal-fired power plants with a total capacity of 6,900 MW in Java and 25 power plants with a total capacity outside Java. The program is targeted for completion by 2010.

The program is aimed at raising the country's electricity provision, which currently stands at 56 percent. This means 45 percent of Indonesia's population still lives in the dark.

Approximately 15 percent of financing for the Tanjung Awar-awar and Aceh plants will come from PLN equity, while the remaining 85 percent will come from credit commercials or global bonds.

Fahmi said the two projects had only managed to secure rupiah-denominated loans, while the company is still in talks with a number of lenders to finance the projects.

"We are still seeking the best alternative we can find to get the loans we need," Fahmi said.

The head of the government's power sector development team, Yogo Pratama, said so far the company had secured 60 percent of the $8.3 billion needed to build the power plants under the government's 10,000-MW project.

Financial status of the power project

Power plant location rupiah-denominated loans Bank dollar denominated loans Bank in trillion Rp in million US$