Paiton-3 power station
|This article is part of the CoalSwarm coverage of Indonesia and coal|
The Paiton-3 power station is a 825-megawatt (MW) coal plant in East Java Province, Indonesia. It is part of the 4,945-MW Paiton power complex.
The satellite photo below shows the plant, located in Bhinor Village, Paiton District, Probolinggo Regency, East Java Province.
International Power has a 31% share in the project. In its 2009 annual report International Power, a 31% shareholder in the project, stated that "in March 2010 we signed the US$1,215 million financing for the 815MW coal-fired Paiton 3 plant in Indonesia, which will be located within the existing Paiton complex. The project, has a 30-year power purchase agreement (PPA) with PT PLN, the Indonesian state utility, and construction is covered by a fixed price contract with the engineering, procurement and construction (EPC) contractor, Mitsubishi Heavy Industries, Ltd."
Paiton-3 is part of the 4,945-MW Paiton coal-fired power complex, including the two-unit, 800-MW PLN Paiton plant, owned by PLN; the two-unit, 1,340-MW Paiton-1 plant, owned by GDF Suez; the two-unit, 1,320-MW Paiton-2 plant, owned by Siemens AG and YTL Corporation; and the single-unit, 660-MW PLN Paiton Baru plant, also owned by PLN.
In May 2017 it was reported that the Paiton power complex produces the largest amount of Hazardous and Toxic B3 waste of any facility in East Java, 153 million tonnes a year, a figure that represents 80% of the annual total of 170 million tonnes for East Java. B3 waste is defined by Government Regulation 19 of 1994 as "any waste containing dangerous and/or toxic material, which due to its characteristics and/or concentration and/or amount, either directly or indirectly, may damage and/or pollute the living environment and/or endanger human health."
In 2010 Paiton Energy signed a US$1.215 billion loan agreement to accelerate the plant's construction with the Japan Bank for International Cooperation (JBIC) and eight commercial banks: Crédit Agricole, MUFG, Sumitomo Mitsui Banking Corporation, HSBC, ING BNP Paribas, Sumitomo Mitsui Trust Holdings and Mizuho. In 2017 Paiton Energy tapped a further US$754 million in refinancing in from Sumitomo Mitsui Banking Corporation, HSBC, Barclays, DBS Bank, Mizuho, Standard Chartered, Citi and Shinsei Bank.
- Sponsor: Paiton Energy
- Parent company: Mitsui, International Power, TEPCO
- Location: Bhinor Village, Paiton District, Probolinggo Regency, East Java Province, Indonesia
- Coordinates: -7.71446, 113.58326 (exact)
- Status: Operating
- Gross Capacity: 825 MW
- Type: Subcritical
- In service: 2012
- Coal Type:
- Coal Source:
- Source of financing: US$1.215 billion loan from JBIC and eight commercial banks
Articles and resources
- International Power, 2009 Annual Report, International Power, 2010, page 52.
- "Coal-Fired Plants Financed by International Public Investment Institutions Since 1994", Appendix to Foreclosing the Future: Coal, Climate and International Public Finance: Investment in coal-fired power plants hinders the fight against global warming, Environmental Defense, April 2009.
- "Paiton III Coal Power Plant Indonesia," Global Energy Observatory, accessed December 2013
- Komplek PLTU Paiton Sumbang Limbah Beracun Terbesar di Jatim, Kompas, May 18, 2017
- Government Regulation of the Republic of Indonesia regarding hazardous and toxic waste management (No. 19 of 1994) Ecolex, accessed December 2017
- "Paiton III expansion gets finance", NS Energy, Apr. 27, 2010
- "Paiton 3 Power Plant Refinancing 2017", IJGlobal, accessed Jun. 19, 2020