Deal #10258

Indonesia
Created at
2024-03-13
Last update
2024-03-13
Last full update
2024-03-13

Land area

Intended size
250 ha
Size under contract (leased or purchased area)
  • [2019, current] 250 ha
Size in operation (production)
  • [2023, current] 120 ha
Comment on land area
The Citara FPV Plant project began development in 2019 for the construction phase, and by 2023 it will be operational.

Intention of investment

Intention of investment
  • [2018, current] Solar park (250 ha)
Comment on intention of investment
Masdar began its interest in the Citara FPV Plant in 2018 on 250 hectares of the 6000 hectare Citara reservoir area.

Negotiation status

Negotiation status
  • [2019] Concluded (Contract signed)
  • [2023, current] Concluded (Contract signed)
Comment on negotiation status
In 2019, construction began for the Citara FPV Plant. Then, in September 2023, a cooperation agreement was signed between Masdar and PT PLN for the second phase of the Citara FPV Plant.

Implementation status

Implementation status
  • [2023, current] In operation (production)
Comment on implementation status
In November 2023, President Joko Widodo inaugurated the Citara FPV Plant for operation.