Banjarsari power station
|This article is part of the CoalSwarm coverage of Indonesia and coal|
Banjarsari power station is a 220-megawatt (MW) mine-mouth coal-fired power station in South Sumatra Province, Indonesia.
The map below shows the plant, which is in East Merapi (Merapi Timur) District, Lahat Regency, South Sumatra Province.
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).
According to an April 2015 report, the plant is waiting to connect to the network.
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.
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.
In February 2008, a financing agreement for the project was closed. Bank Mandiri and Indonesia Eximbank provided US$180 million in loans. It was also reported that the Industrial and Commercial Bank of China provided a loan of US$190 million.
- 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)
- Type: Subcritical
- In service: 2015
- Coal Type: Low-quality
- Coal Source: Mine-mouth (local PTBA mines)
- Source of financing: US$180 million in debt from Bank Mandiri and Indonesia Eximbank; US$190 million in debt from Industrial and Commercial Bank of China
Articles and resources
- PLTU Banjarsari, Wikimapia, accessed Mar. 2015.
- 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
- "Preview of Banjarsari 200MW Coal-Fired Power Plant Sumatra | Transaction | IJGlobal". ijglobal.com. Retrieved 2020-11-03.
- "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