East Halmahera power station
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East Halmahera power station is a power station in Tanjung Buli, East Halmahera, Maluku, Indonesia with multiple units of varying statuses, none of which are currently operating.
Location
Table 1: Project-level location details
| Plant name | Location | Coordinates (WGS 84) |
|---|---|---|
| East Halmahera power station | Tanjung Buli, East Halmahera, Maluku, Indonesia | 0.8485803, 128.261573 (exact) |
Unit-level coordinates (WGS 84):
- 1, Former Unit 1, Former Unit 2, Former Unit 3: 0.8485803, 128.261573
Project Details
Table 2: Unit-level details
| Unit name | Status | Fuel(s) | Capacity (MW) | Technology | Start year | Emergency/Backup |
|---|---|---|---|---|---|---|
| – | Pre-permit[1] | coal: unknown[1] | 680[1] | unknown | 2028 (planned)[2] | no |
| 1 | Pre-construction[3] | fossil gas: natural gas[4] | 80[4] | gas turbine[4] | – | no |
| Former Unit 1 | Cancelled | coal: unknown | 45 | unknown | 2023 | no |
| Former Unit 2 | Cancelled | coal: unknown | 45 | unknown | 2023 | no |
| Former Unit 3 | Cancelled | coal: unknown | 60 | unknown | – | no |
CHP is an abbreviation for Combined Heat and Power. It is a technology that produces electricity and thermal energy at high efficiencies. Coal units track this information in the Captive Use section when known.
Table 3: Unit-level ownership and operator details
| Unit name | Owner | Parent |
|---|---|---|
| – | PT Guna Darma Integra [100%][1] | PT Petrindo Jaya Kreasi Tbk [90.0%]; unknown [10.0%] |
| Former Unit 1 | PT Tambang Batubara Bukit Asam [100%] | PT Tambang Batubara Bukit Asam [100.0%] |
| Former Unit 2 | PT Tambang Batubara Bukit Asam [100%] | PT Tambang Batubara Bukit Asam [100.0%] |
| Former Unit 3 | PT Tambang Batubara Bukit Asam [100%] | PT Tambang Batubara Bukit Asam [100.0%] |
Project-level captive use details
- Captive industry: Nickel
Ownership Tree
This ownership tree is part of the Global Energy Ownership Tracker, a project of Global Energy Monitor.
Background
The original plant proposal was a joint project between PT Tambang Batubara Bukit Asam (PTBA) and PT Aneka Tambang (ANTM) to power ANTM's new ferronickel plant in Tanjung Buli, East Halmahera, North Maluku.[5][6]
In March 2019, PTBA and ANTM stated that the project would be 3 x 60 MW and is scheduled for completion in 2023.[7] In October 2019, PTBA announced that it was investing Rp 2.59 trillion (US$185 million) in the project, now described as a 2 x 45 MW plant.[8]
In February 2020, a feasibility study for the project was completed.[9] In June 2020, a spokesman for PTBA said the company was waiting for guidance from MIND ID, the Indonesian mining holding company, before continuing with the project.[10]
As of June 2021, the ferronickel plant was expected to begin operating by the end of 2021. Power for the refining process would initially be supplied by PLN. PTBA was also constructing a diesel-fired generator on-site with capacity of 3 x 18 MW, which was expected to be completed by the end of Q1 2022. A supervisor for the project stated that he hoped the coal-fired power station would be operating three years after the diesel-fired generator came online, which suggests a target completion date of 2025 for the coal-fired units.[11][12]
In the RUPTL for 2021-2030, the proposal appeared to be replaced by plans for a gas-fired project.[13] The power station was therefore presumed to be shelved.
In July 2023, the project was referenced as East Halmahera gas power plant.[14]
In December 2023, with no news suggesting that the proposal would move forward as a coal-fired power station in more than two years, the coal units were presumed to be cancelled.
Coal plans revived
In October 2025, plans for a coal plant project in the FeNi Haltim industrial area were revived. PT Volta Daya Energi Indonesia, a subsidiary of PT Petrindo Jaya Kreasi, acquired a 90% stake in PT Guna Darma Integra and planned to build a 680 MW power station.[15] The project cost was estimated at US$600 million, and construction was expected to take 28 months. Reporting indicated that the power station would be coal-fired.[16]
As of November 2025, the project was slated to begin operating in 2028.[17]
Other reporting from mid-2025 mentioned a 2 x 150 MW coal-fired power station in the East Halmahera industrial area, in addition to an 80 MW gas-fired power station, a 30 MW waste heat plant, and a 172 MW solar farm.[18][19] It was not yet clear whether the October 2025 announcement superseded or was in addition to the earlier 2 x 150 MW proposal.
In February 2026, a groundbreaking ceremony was held for the 680 MW power station. The estimated project cost was reportedly US$600 million (Rp. 10 trillion).[20]
Financing
Old cancelled proposal
In 2011, a financing agreement for the entire ferronickel processing plant, including the power station, was closed. Bank Mandiri, PT Bank Rakyat, Standard Chartered, and Sumitomo Mitsui Banking Corporation agreed to provide US$650 million in loans to the project.[21][22]
In 2015, PT Aneka Tambang announced that it would use the proceeds of its planned rights issue worth US$376.2 million to fund its ongoing projects, including the East Halmahera Ferronickel (FeNi) smelter project.[22]
Revived proposal
For the revived 680 MW project, Petrindo stated in February 2026 that the groundbreaking ceremony was attended by contractors and several banks that would fund the power plant project, with an estimated project value of US$600 million, or approximately Rp 10 trillion. The company did not identify the banks, debt-equity structure, loan terms, or financial close.[23]
Impact and opposition
In May 2026, the organization Anatomi Pertambangan Indonesia (API) stated concern over the consolidation of East Halmahera's natural resources into a few major corporations. They argued that expanded development, including the construction of the 680 MW power station, reduced the local community's autonomy and could lead to uncontrolled environmental degradation.[24]
Articles and Resources
References
- ↑ 1.0 1.1 1.2 1.3 https://id.investing.com/news/stock-market-news/petrindo-akuisisi-gdi-siap-bangun-pltu-680-mw-senilai-us600-juta-di-halmahera-2880621.
{{cite web}}: Missing or empty|title=(help) - ↑ (PDF) https://www.petrindo.co.id/wp-content/uploads/2025/12/HPS-Company-Update-CUAN-20251127-PT-Petrindo-Jaya-Kreasi-Tbk-1.pdf.
{{cite web}}: Missing or empty|title=(help) - ↑ https://en.antaranews.com/amp/news/362733/prabowo-breaks-ground-for-ev-battery-plant-construction-in-karawang.
{{cite web}}: Missing or empty|title=(help) - ↑ 4.0 4.1 4.2 https://katadata.co.id/berita/energi/68621beeb9a69/artha-industrial-hill-kawasan-milik-tomy-winata-jadi-lokasi-proyek-baterai-ri.
{{cite web}}: Missing or empty|title=(help) - ↑ Bukit Asam to Set Aside $1.5B to Build Power Plants in 2018, The Insider Stories, Nov. 24, 2017
- ↑ First Semester 2018, Bukit Asam Coal Mining Capital Expenditure Uptake 50%, Bursa, Jul. 23, 2018
- ↑ PT Bukit AsamTbk and PT Aneka TambangTbk Form a Joint Venture to Build a Power Plant in East Halmahera, ASEAN Power, Mar. 14, 2019
- ↑ Gandeng Antam, Bukit Asam Bangun PLTU di Halmahera Rp 2,6 T, CNBC Indonesia, Oct. 28, 2019
- ↑ Bukit Asam Guarantees Coal Reserves Availability, Power Links, Feb. 4, 2020
- ↑ Kelanjutan proyek PLTU Feni milik Bukit Asam (PTBA) masih menunggu arahan MIND ID, Kontan, June. 25, 2020
- ↑ PLN Siap Pasok Listrik ke Smelter Antam di Haltim, Republika, June 13, 2021
- ↑ Instalasi listrik smelter feronikel Antam (ANTM) akan rampung bulan Juli, June 8, 2021
- ↑ Rencana Usaha Penyediaan Tenaga Listrik (RUPTL), PLN Persero, October 2021
- ↑ PROJECT PLTG HALMAHERA TIMUR, Rekadaya Elektrika, July 14, 2023
- ↑ Pengumuman penyelesaian pembelian saham oleh entitas anak Perseroan, PT Petrindo Jaya Kreasi Tbk, October 10, 2025
- ↑ Petrindo Akuisisi GDI, Siap Bangun PLTU 680 MW Senilai US$600 Juta di Halmahera, Investing.com, October 11, 2025
- ↑ Company Update, PT Petrindo Jaya Kreasi, November 27, 2025
- ↑ Artha Industrial Hill, Kawasan Milik Tomy Winata Jadi Lokasi Proyek Baterai RI, Katadata, June 30, 2025
- ↑ Prabowo: Nilai Tambah Proyek Baterai Kendaraan Listrik bisa Capai US$ 48 Miliar, Kontan, June 30, 2025
- ↑ CUAN Bangun Pembangkit Listrik 680 MW di Halmahera Timur, Rogoh Rp 10 T, Kompas, February 4, 2026
- ↑ "Indonesian miner closes ferronickel loan | News | IJGlobal". ijglobal.com. Retrieved 2020-11-05.
- ↑ 22.0 22.1 Kurniawan, Roffie. "Aneka Tambang to use rights issue proceeds for financing East Halmahera FeNi smelter". Rambu Energy. Retrieved 2020-11-05.
- ↑ "Petrindo GroundBreaking 680 MW PowerPlant In East Halmahera". PT Petrindo Jaya Kreasi Tbk. February 4, 2026. Retrieved June 2026.
{{cite web}}: Check date values in:|access-date=(help) - ↑ Prajogo Pangestu dan Bisnis Tambang Halmahera Timur Jadi Sorotan: Negara Diminta Tanggung Jawab, Opsi Media Sejahtera, May 4, 2026
Additional data
To access additional data, including interactive maps of the power stations, downloadable datasets, and summary data, please visit the Global Coal Plant Tracker and the Global Oil and Gas Plant Tracker on the Global Energy Monitor website.
