Tabalong power station

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Tabalong power station is an operating power station of at least 200-megawatts (MW) in Adaro's Tanjung coal mine, Tabalong, South Kalimantan, Indonesia. It is also known as Kalsel FTP2.

Location

Table 1: Project-level location details

Plant name Location Coordinates (WGS 84)
Tabalong power station Adaro's Tanjung coal mine, Tabalong, South Kalimantan, Indonesia -2.163427, 115.440814 (exact)

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

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Unit-level coordinates (WGS 84):

  • Unit 1, Unit 2: -2.163427, 115.440814

Project Details

Table 2: Unit-level details

Unit name Status Fuel(s) Capacity (MW) Technology Start year Retired year
Unit 1 operating coal - lignite 100 subcritical 2019
Unit 2 operating coal - lignite 100 subcritical 2019

Table 3: Unit-level ownership and operator details

Unit name Owner
Unit 1 PT Tanjung Power Indonesia (TPI) [100.0%]
Unit 2 PT Tanjung Power Indonesia (TPI) [100.0%]

Project-level coal details

  • Coal source(s): mine-mouth

Background on Project

In October 2014, PT Tanjung Power Indonesia signed a power purchase agreement with PLN for the construction of a two-unit, 200-MW coal-fired power plant in South Kalimantan Province. Tanjung Power, the project's developer, is a joint venture between Adaro Indonesia and Korea East-West Power (a subsidiary of Korea Electric Power Corporation, or KEPCO). The plant would be located near Adaro's Tabalong coal concession, and would cost $450-550 million. The project is part of Phase II of Indonesia's Fast Track Program, and would be built under a Build, Own, Operate, & Transfer (BOOT) agreement with PLN. Financing is scheduled to be finalized by late 2015, and the plant is scheduled for completion in 2019.[1][2][3]

In January 2017 it was reported that construction of the plant was 30% complete.[4] In August 2017 a building on the construction site collapsed and injured 7 workers.[5] Construction was expected to be complete in Q3 of 2018.[6] In September 2018 it was reported that construction of the plant was 85% complete.[7] In June 2019 Adaro announced that the plant would be commissioned in the second half of 2019.[8] Unit 1 was commissioned in September 2019 and Unit 2 was commissioned in December 2019.[9]

In October 2022, the Institute for Essential Services Reform listed Tabalong power station as a strong candidate for early retirement.[10]

Financing

In October 2015, Adaro Energy secured financing for the proposed plant.[11] The project reached financial closure after it secured US$540 million in loans from Korea Development Bank, MUFG Bank, DBS Bank, Mizuho Financial Group, Sumitomo Mitsui Banking Corporation, and HSBC. The financial advisor for the project is DBS Bank.[12]

Articles and Resources

References

  1. PLTU 2 x 100 MW Kabupaten Tabalong Kalsel Akan Dibangun, Bisnis Energi, 17 Oct. 2014.
  2. Adaro Bangun PLTU 2×100 MW di Tabalong US$ 550 Juta, Energi Today, 28 Nov. 2014.
  3. "PLN Tandatangani Kesepatakan Dengan Dua Pengembang Swasta," October 15, 2014
  4. Pembangunan PLTU Tabalong 2x100 MW di Kalsel Capai 30%, Detik Finance, Jan. 24, 2017
  5. Bangunan PLTU di Kalimantan Selatan Ambruk, 7 Orang Terluka Kumparan, Aug. 21, 2017
  6. [http://www.jsbmarketresearch.com/construction/tpi-kalsel-coal-fired-power-plant-200-mw-south-kalimantan-project-profile TPI – Kalsel Coal-Fired Power Plant 200 MW – South Kalimantan - Project Profile ], JBS Market Research, Mar. 26, 2018
  7. Adaro Energy (ADRO) pastikan proyek PLTU bakal rampung tepat waktu, Kontan, Sep. 23, 2018
  8. Adaro Pastikan PLTU Tanjung Beroperasi Tah, Katadata, Jun. 28, 2019
  9. Adaro Power Making Progress Downstream, Adaro, accessed November 2020
  10. Ini Daftar PLTU yang Layak Pensiun Dini pada 2023 menurut IESR, Katadata, October 21, 2022
  11. "Adaro Secures $540m Loan for S. Kalimantan Power Project," Jakarta Globe, October 09, 2015
  12. "Preview of KalSel Coal-Fired Power Plant (200MW) IPP | Transaction | IJGlobal". ijglobal.com. Retrieved 2020-09-17.

Additional data

To access additional data, including an interactive map of coal-fired power stations, a downloadable dataset, and summary data, please visit the Global Coal Plant Tracker on the Global Energy Monitor website.