Banjarsari power station
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Banjarsari power station is a 220-megawatt (MW) mine-mouth coal-fired power station in South Sumatra Province, Indonesia.
Location
The map below shows the plant, which is in East Merapi (Merapi Timur) District, Lahat Regency, South Sumatra Province.[1]
Background
The Banjarsari power station is a mine-mouth coal-fired power station in South Sumatra, Indonesia. The size is described by the sponsor as 2 x 110 MW; however, two of the companies involved in building the plant, Black & Veatch and Chinese National Electric Engineering, refer to it as 2 x 135 MW. The plant is being built by PT Bukit Pembangkit Innovative, a joint venture of PT Bukit Asam, PLN, and MAXpower Group. It would be fed by local mines run by PT Bukit Asam (PTBA).[2][3]
Construction is being run by Chinese National Electric Engineering Company (CNEEC) and began in 2012.[2][4] The plant is expected to be completed in April 2015.[5]
According to an April 2015 report, the plant is waiting to connect to the network.[6]
In January 2016, South Sumatra Governor Alex Noerdin gave the opening speech for the plant, which was described as being already in the commercial stage.[7]
The Banjarsari power station has not performed as well as expected. In 2017, its availability factor was only 46.68%, much lower than the 80% specified in the Power Purchase Agreement. As a result of the underperformance, Bukit Pembangkit Innovative was fined approximately USD 21 million.[8]
Financing
In February 2008, a financing agreement for the project was closed. Bank Mandiri and Indonesia Eximbank provided US$180 million in loans.[9] It was also reported that the Industrial and Commercial Bank of China provided a loan of US$190 million.[10]
Project Details
- Sponsor: Bukit Pembangkit Innovative (PBI)
- Parent company: PT Bukit Asam, PLN, and MAXpower Group (joint venture)
- Location: East Merapi (Merapi Timur) District, Lahat Regency, South Sumatra Province, Indonesia
- Coordinates: -3.72507, 103.69039 (exact)
- Status: Operating (2015)
- Gross Capacity: 220 MW (2 x 110 MW)[11]
- Type: Subcritical
- In service: 2015
- Coal Type: Low-quality[2]
- Coal Source: Mine-mouth (local PTBA mines)
- Source of financing: US$180 million in debt from Bank Mandiri and Indonesia Eximbank;[9] US$190 million in debt from Industrial and Commercial Bank of China[10]
Articles and resources
References
- ↑ PLTU Banjarsari, Wikimapia, accessed Mar. 2015.
- ↑ 2.0 2.1 2.2 Power Plant, Bukit Pembangkit Innovative website, accessed Mar. 2015.
- ↑ "Coal-Fired Plants Financed by International Public Investment Institutions Since 1994", Appendix to Foreclosing the Future: Coal, Climate and International Public Finance: Investment in coal-fired power plants hinders the fight against global warming, Environmental Defense, April 2009.
- ↑ "Successful commencement of Banjarsari Project," China National Electric Engineering Co. Ltd., 22 July 2011
- ↑ PLTU Banjarsari expected to start operating in April, Rambu Energy, 15 Mar. 2015.
- ↑ "PT Bukit Energi Investama, Lini Bisnis PLTU dari Bukit Asam," Investor Daily 16 April 2015, posted on Listrik.org, 17 April 2015
- ↑ "Bright Hope of Sumsel 8," BukiAsam, 06 Jan 2016
- ↑ M.J. Putra, Banjarsari PLTU Troubled, PT BPI Impacted USD21.26 Million Loss, Klikanggaran, Nov. 10, 2019
- ↑ 9.0 9.1 "Preview of Banjarsari 200MW Coal-Fired Power Plant Sumatra | Transaction | IJGlobal". ijglobal.com. Retrieved 2020-11-03.
- ↑ 10.0 10.1 "Slowing the Growth of Coal Power Outside China: The Role of Chinese Finance" (PDF). November 2015.
- ↑ PTBA juga bikin PLTU dan PLTD di Smelter Haltim milik Antam, Kontan, May 1, 2019
