Paiton 3 Plant in Indonesia Starts Commercial Operation
27 March 2012 ? GDF SUEZ and International Power (70% owned
by GDF SUEZ) are pleased to announce that Paiton 3, a highly
efficient 815MW coal-fired power plant in Indonesia, has
started commercial operation.
Paiton 3, located on Java Island, will be the first
super-critical coal unit in Indonesia and the largest
generating unit on the Java-Bali grid. The output from Paiton
3 will be supplied to PT PLN (Persero), the Indonesian state
utility, under a 30-year Power Purchase Agreement (PPA).
International Power owns 40.5% in PT Paiton Energy, which
owns and operates the Paiton plants, including the existing
Paiton units with a total capacity of 1,280MW. The other
shareholders in PT Paiton Energy are Mitsui & Co., Ltd
(40.5%), The Tokyo Electric Power Company, Inc (TEPCO) (14%)
and PT Batu Hitam Perkasa (5%).
Notes to Editors
International Power is one of the leading independent power
producers in Indonesia with
About International Power
2,095MW (gross) of operating assets. The Company recently
signed 30-year PPAs for two 220MW geothermal projects and
also entered into a joint venture agreement in 2011 for the
development of the 220MW Rantau Dedap geothermal project in
the South Sumatra Province.
Other plants under construction in Asia are located in
Singapore, Thailand and Pakistan.
International Power plc is a leading independent electricity
generating company with 75,579MW gross (43,288MW net) in
operation and a significant programme of 12,820MW gross
(5,868MW net) projects under construction as at 31 December
2011. International Power is present in 30 countries across
six regions worldwide. Together with power generation, the
Group is also active in closely linked businesses including
downstream LNG, gas distribution, desalination and retail.
International Power is listed on the London Stock Exchange
with ticker symbol IPR. GDF SUEZ holds a 70% interest in
International Power plc.
Company website: www.iprplc-gdfsuez.com
About GDF SUEZ
GDF SUEZ develops its businesses around a model based on
responsible growth to take up today's major energy and
environmental challenges: meeting energy needs, ensuring the
security of supply, combating climate change and optimizing
the use of resources. The Group provides highly efficient and
innovative solutions to individuals, cities and businesses by
relying on diversified gas- supply sources, flexible and
low-emission power generation as well as unique expertise in
four key sectors: liquefied natural gas, energy efficiency
services, independent power production and environmental
services. GDF SUEZ employs 218,900 people worldwide and
achieved revenues of
?90.7 billion in 2011. The Group is listed on the Brussels,
Luxembourg and Paris stock exchanges and is represented in
the main international indices: CAC 40, BEL 20, DJ Stoxx 50,
DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI
Europe, ASPI Eurozone and ECPI Ethical Index EMU.
International Power contacts GDF SUEZ contacts
Investor contact Investor contact
Aarti Singhal Telephone: +33 (0)1 44 22 66 29
Telephone: +44 (0)20 7320 8681 e?mail: email@example.com
Media Contact Media Contact
Sally Hogan Telephone France: +33(0)1 44 22 24 35
Telephone: +44 (0)20 7320 8678 Telephone Belgium: +32 2 510
76 70 e-mail: firstname.lastname@example.org
This press release was issued by GDF SUEZ SA and was initially posted at http://www.gdfsuez.com/document/?f=files/en/cp-gdf-suez-paiton-3-va.pdf . It was distributed, unedited and unaltered, by noodls on 2012-03-27 09:14:38 AM. The issuer is solely responsible for the accuracy of the information contained therein.