Kaltim Teluk Balikpapan power station

From Global Energy Monitor

Kaltim Teluk Balikpapan power station, also known as the Balikpapan IPP power station, is a 220-megawatt (MW) coal-fired station in East Kalimantan Province, Indonesia.

Location

The map below shows the location of the project, in Kariangau Village, North Balikpapan District, Balikpapan City, East Kalimantan Province.

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Background on Plant

Kaltim Teluk Balikpapan power station, also known as the Balikpapan IPP power station, is a 220-megawatt (MW) coal-fired power station. Construction began in March 2011.[1][2] Construction was managed by Indonesian firm Adhi Karya and Chinese firm Sinohydro.[3]

In March 2014, a presentation by the Ministry of Energy and Mineral Resources indicated that the first two units of the Kaltim Teluk Balikpapan power station, developed under Fast Track Program Phase I, were in the construction stage at less than 50 percent completion.[4] Coal for the plant is to come from the Sangatta Coal Mine, operated by the Australian based Thiess mining company.[5] Unit 1 was scheduled to begin test operations in April 2015,[1] and the entire plant was targeting the end of 2015 for commercial operation.

Completion of the power station was delayed. The power station did not enter its testing period until December 2016.[6] Both units began commercial operations in 2017.[7]

Financing for Units 1 and 2

In December 2015, a financing agreement for units 1 and 2 was closed. A syndicated loan for Rp. 2 trillion was signed with 4 Indonesian banks. Bank Negara Indonesia's portion of the loan was more than Rp. 600 billion.[8]

Proposed Expansion

According to an April 2018 Platts listing, construction of a third unit of 300 MW is being planned for 2021. The expansion would be run by PT Lestari Banten Energy (LBE), a subsidiary of Genting BHD. As of June 2019, there has been no further news about this expansion, and it appears to be shelved.

Project Details

  • Sponsor: PT PLN
  • Parent Company: PT PLN
  • Location: Kariangau Village, North Balikpapan District, Balikpapan City, East Kalimantan Province, Borneo, Indonesia
  • Coordinates: -1.17036, 116.78872 (exact)
  • Status: Units 1 & 2: Operating; Unit 3: Shelved
  • Gross Capacity: 220 MW (2 x 110 MW)
  • Type: Subcritical 95% / Palm kernel shells 5%[9]
  • In Service: Units 1 & 2: 2017
  • Coal Type:
  • Coal Source:
  • Source of financing: US$140,601,504 in debt from 4 Indonesian banks; of this amount, US$42,200,949 is debt from Bank Negara Indonesia[8]

Articles and resources

References

  1. 1.0 1.1 Melongok Proyek PLTU Teluk Balikpapan Di Kaltim, PLN website, accessed Mar. 2015.
  2. PLTU Teluk Balikpapan Mulai Dibangun, Tribun News, 25 Mar. 2011.
  3. PLN Segera Bangun PLTU Skala Besar Di Riau dan Kalimantan Timur, Indonesia Ministry of Energy & Mineral Resources press release, undated, accessed Mar. 2015.
  4. “Electricity Policy Development & Investment Opportunity in Indonesia,” presentation by Ministry Energy and Mineral Resources, Directorate General of Electricity, March 2014, page 7
  5. "Sangatta Coal Mine" Thiess company page, accessed March 24, 2014.
  6. Budi Susilo, PLTU Batubara Teluk Balikpapan Masuki Masa Pengujian, Tribun Kaltim, Dec. 6, 2016
  7. Melihat 2 Pembangkit Listrik Penopang Ibu Kota Baru Indonesia, Kumparan Bisnis, August 30, 2019
  8. 8.0 8.1 BeritaSatu.com. "BNI Biayai Pembangunan PLTU Teluk Balikpapan". beritasatu.com (in Bahasa Indonesia). Retrieved 2020-11-06.
  9. UBJOM KALTIM TELUK CO-FIRING STRENGTHENS PJB RELIABILITY IN THE EBT SECTOR, PJB, Jul. 15, 2020

Related GEM.wiki articles

External resources

External articles