Jakarta, June 17 -- Indonesia's Energy and Mineral Resources Ministry has announced that construction of the country's first will begin soon, with operations targeted to start in 2028.
According to the ministry' statement released on June 16, the power plant will have a total capacity of 40 megawatts (MW) and will require an investment of about 220 million USD.
The project is planned to be developed in two phases with each phase of 20 MW in East Nusa Tenggara and West Nusa Tenggara.
Several international and local contractors formed partnerships in this project including SBS Indonesia, the Netherlands-based Tidal Bridge, as well as Scottish marine energy company Nova Innovation, in collaboration with state-owned oil and gas Pertamina's e...