Rosatom agrees to supply Indonesia with floating power units

MOSCOW. Oct 16 (Interfax) - Russian state corporation Rosatom has agreed to supply Indonesia with two floating power units with a capacity of 200 MW, an Interfax correspondent reported from the signing ceremony.

This is Rosatom's first project involving the export of floating units.

The agreement was signed by Rosatom and Indonesia's PT Pembangkit Listrik Nuklir.

The power units are expected to supply consumers in the east of the country and the north of the Halmahera island in the North Maluku province.

Rosatom will supply the country with two floating PEB-100 power blocks with a total capacity of 200 MW, using reactor units from the company's RITM range.

Electricity supply could begin five years after the key terms of the contract enter into force.

The parties agreed to implement the project on a commercial basis in the B2B format, using private investments rather than funds from Indonesia's budget.

"We're now at the stage of legally binding commercial agreements, and, metaphorically speaking, an advance payment is on its way. This year, we'll begin building an energy fleet for Indonesia," Rosatom CEO Alexei said in an interview with Vesti News Agency, commenting on the deal.

The agreement stipulates that Rosatom will retain ownership of the floating units, and the contract specifically covers the purchase of electricity from the station for its entire lifecycle of 60 years, he said.

JSC Rusatom Overseas signed a memorandum on the construction of a high-capacity nuclear power plant (NPP) and floating NPPs with the National Nuclear Energy Agency of Indonesia in 2015. Prior to this, the parties signed a memorandum of understanding on the development of cooperation in the use of peaceful nuclear energy.