Banyuasin power station

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Banyuasin power station is a cancelled power station in Banyuasin, South Sumatra, Indonesia. It is also known as 巴亚瓦信电站.


Table 1: Project-level location details

Plant name Location Coordinates (WGS 84)
Banyuasin power station Banyuasin, South Sumatra, Indonesia -3.347874, 103.900474 (approximate)

The map below shows the approximate location of the power station.

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Project Details

Table 2: Unit-level details

Unit name Status Fuel(s) Capacity (MW) Technology Start year Retired year
Unit 1 cancelled coal - unknown 120 subcritical 2021
Unit 2 cancelled coal - unknown 120 subcritical 2021

Table 3: Unit-level ownership and operator details

Unit name Owner
Unit 1 PT Truba Alam Manunggal Engineering Tbk [100.0%]
Unit 2 PT Truba Alam Manunggal Engineering Tbk [100.0%]


Banyuasin power station was originally proposed as a two-unit, 270-MW coal-fired power plant by Truba Manunggal in South Sumatra Province. According to a 2010 report, Truba Alam Manunggal Engineering announced financing of US$175 million for the project. Further details were not available.[1] However, this project does not appear in a 2014 listing of proposed new coal plants in Sumatra.[2]

In the 2015-2024 PLN long-range supply plan, Banyuasin power station in proposed for 2024.[3] In the 2016-2025 and 2017-2026 PLN long-range supply plans, the size of the project is changed to 240 MW and it is moved up to 2020.[4][5] In the 2018-2027 long-range plan the project is listed as 240 MW with a completion date of 2021.[6] In the 2019-2028 long-range plan the project is listed as 2 x 120 MW with a completion date of 2021.[7]

In November 2019 a report by the Institute for Energy Economics and Financial Analysis (IEEFA) noted that while the RUPTL for 2019-2028 lists the project as being under construction "IEEFA has found no other indications of its existence."[8]

In March 2020, Oceanwide Holdings Co., Ltd., the parent company of PT Mabar Elektrindo, had its debt rating downgraded by S&P to CCC-, suggesting that Oceanwide Holdings would not be able to pay its soon-to-mature USD 680 million in debt. The ratings downgrade called into question the completion of the Banyuasin power station; Oceanwide was reportedly seeking to sell a large proportion of its property assets.[9] Oceanwide Holdings defaulted on USD 280 million in offshore bond debt in May 2021.[10]

In October 2021, the plant was shelved under the government's long-range plan for 2021-2030.[11]

In October 2023, with no apparent updates since the project was formally shelved, Banyuasin power station was presumed to be cancelled.


IEEFA reported that as of December 2016 China Oceanwide Holdings Limited, a part owner of the project, had invested a total of US$25.4 million in the project.[8]

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Additional data

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