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Kontan | Renegotiation of COD for 34 generators, PLN targets completion this year

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PLN negotiates Commercial Operation Date (COD) 34 with Independent Power Producer (IPP). According to Fabby, Executive Director of IESR, PLN needs to set firm limits regarding financial closing, at least in the middle of next year. Each generator must increase the ability to work at a minimum load from 30% to 40% and cut the contract period from 30 years to 25 years in order to reduce the potential for over capacity and stranded assets that can be experienced by PLN

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