PTBA and PLN In Cooperation with Malaysia Built A Power Plant 07 August 2012
PT Bukit Asam Tbk (PTBA) and PT.PLN in cooperation with Tenaga Nasional Berhad (TNB), Malaysia's state owned company, to built a power plant.
JAKARTA, KOMPAS.com - PT Bukit Asam Tbk (PTBA) and PT.PLN in cooperation with Tenaga Nasional Berhad (TNB), Malaysia's state owned company, to built a power plant (PP) with the capacity of 2 X 600 MW. The investment on this power plant project reached Rp 15 trillion. The construction itself is planned to be start at 2013.
Hananto Budi Laksono, The Corporate Secretary of PTBA, on last June, said that the three companies have signed memorandum of understanding (MoU) for the construction of the plant. "If there is no obstacle, the consortium for the project will be formed on September. The investment’s value reached Rp 15 trillion," said Hananto to KONTAN, Monday (06/08/2012).
Eventually, the consortium that is formed by the three companies will conduct a feasibility study on the power plant development. The feasibility study is estimated to be completed by the end of 2013. As the final of the feasibility study, will also indicate the beginning of plant’s construction. "The project will finish on 2016-2017," he said.
Aside of doing the feasibility study, the consortium will also establish three subsidiaries that will support the construction of power plant. In general, each subsidiaries have different functions, which are to provide a supply of coal, power plant operation and to develop the transmission network.
Hananto added that the company will use PTBA’s concession field, which has 367 million tons of coal reserves and coal resources as big as 790 million tons. "So the coal is specialized for the power plant," said Hananto.
He also said that the coal consumption for the power plant is about 5 to 6 million tons per year. "As the coal provider company, we have 51 percent share, PLN has 39 percent and TNB has 10 percent," said Hananto.
While the share ownership of the plant’s management company: PTBA has 25 percent, PLN 37.5 percent and TNB 37.5 percent. for the transmission company, PTBA only owned 10 percent shares, while PLN and TNB sharing the equal share, amount 45% percents each.
Fifty Percent of Electricity Export
The CEO of PLN, Nur Pamudji, revealed that 50 percent of the electricity from Indragiri Hulu’s power plant will be exported to the neighboring country.The Delivery of electricity is using underwater cables which will be built by 2017 to come. Nur Pamudji convinced that the electricity supply to the Sumatra area will already excessive on that year.
By doing so, Indonesia will be benefited from the export of electricity. Also in certainty, "PLN ensures that electricity prices will not be subsidized by the Indonesian government," said Nur Pamudji.
Adapted from Kompas.com