Jakarta (ANTARA News) – Indonesia`s state-ownned electricity company PT PLN plans to import electricity from Malaysia`s Serawak Energy Berhad up to 230 MW at a price of nine US dollar cent per kWh, PLN’s President Director Nur Pamudji said.
He said here on Thursday that at the initial stage PLN would import 50 MW to later increase to 230 MW.
“The 50 MW electricity will start coming in the middle of 2015 and if they are ready we will take up to 230 MW in that year,” he said.
PLN and SEB signed the cooperation agreement for power inter-connection between West Kalimantan and Serawak on Thursday.
Nur said the agreement would be effective for five years from 2015 to 2020 and reviewed afterwards