Kalselteng-1 power station

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Kalselteng-1 power station, also referred to as the Kalteng-1 power station, is a 200-megawatt (MW) coal-fired power plant in Tumbang Kajuei, Gunung Mas Regency, Central Kalimantan, Indonesia.

Location

Recent satellite photos of the project are not available through Google, but Satellite imagery from Planet shows the plant in June 2021.

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Background on Plant

This project is mentioned on Table 13 of the 2015-2024 PT PLN long range supply plan, scheduled for 2019 and 2020. It comprises two units of 100 MW each.

A PT PLN September 2015 list of companies expressing interest in mine-mouth IPP plants did not include any expressions of interest in the Kalselteng-1 plant.

On June 15, 2016, China's Dongfang Electric Corporation (DEC) signed an EPC Contract with PT DSSP Power (DSSP), a subsidiary of Indonesia's Sinar Mas Group, on construction of the plant, referred to as Kalteng-1.

In October 2017, it was announced that Sinar Mas's indirect subsidiary PT SKS Listrik Kalimantan (SLK) had begun construction of the plant, and expected it to be complete by 2019. In February 2019, it was reported that the plant would be commissioned in Q4 of 2019. The long-range plan for 2019-2028 lists 100 MW of the project coming online in 2019 and the other 100 MW coming online in 2020. In December 2019, PT SKS Listrik Kalimantan was expecting to complete construction by Q1 2020.

In March 2020, the project's sponsor announced that it might be delayed as a result of the COVID-19 pandemic. The plant was commissioned in November 2020.

Financing

In December 2016, it was reported that the plant received a US$250 million loan from PT Bank Mandiri (Persero) Tbk, with the remaining US$87 million coming from Sinar Mas Group.

In December 2020, the Hong Kong-based company Datang Overseas Energy Investment Co., Ltd., acquired a 75% ownership stake in the Kalselteng-1 power station as part of its purchase of the power generation operations of the Sinar Mas Group, for a purchase price of USD 394 million. The Sinar Mas Group retains a 25% ownership stake in the power station.

Project Details

• Sponsor: PT SKS Listrik Kalimantan
• Parent company: Datang Overseas Energy Investment Co., Ltd. (75%); Sinar Mas Group (25%)
• Location: Tumbang Kajuei, Gunung Mas Regency, Central Kalimantan, Indonesia
• Coordinates: -1.370796, 113.567203 (exact)
• Status: Operating
• Gross Capacity: 2 x 100 MW
• Type: Circulating fluidized bed
• Start date: Unit 1: 2020; Unit 2: 2020
• Coal Type:
• Coal Source:
• Source of financing: US$250 million in debt from PT Bank Mandiri (Persero) Tbk; US$87 million in equity from Sinar Mas Group

Articles and resources

Related GEM.wiki articles

• Indonesia and coal