PLN signs 10 private coal-fired power plants outside Java

State-owned electricity company PT Perusahaan Listrik Negara (PLN) signed today a Power Purchase Agreements (PPAs) with private power plants on the construction of 10 coal-fired power plants outside Java targeted to start operation in 2009 or 2010 under the government?s fast track program.

PLN?s Deputy for Independent Power Producers (IPPs) Nasri Sebayang said that the PPAs on the construction of two other coal-fired power plants - Celukan Bawang power plant with a capacity of 380 MW in Bali and Labuhan power plant with a capacity of 2 x 6MW in West Nusa Tenggara ? has been delayed for some specific reasons.

PLN and PT General Energy Bali, contractor of Celukan Bawang power plant, have not yet reached an agreement on the coal price, which led to the delay in the signing of the PPAs. ?A negation on the coal price is underway,? Nasri said.

The signing of cooperation agreement on the construction of Labuhan power plant has also been delayed because the contractor (consortium Sutraco-Cagindo-YPK PLN) had yet to submit a document explaining the company?s special objective.

?The companies are given 14 months to seek capital from banks. If within the given time, they fail to get capital, then the PPAs is cancelled,? he said. (*)

No	Projects	Location	Contractors
1	PLTU Lakatong (2 x 45 MW)	South Sulawesi	PT Kasai Listrindo
2	PLTU Gorontalo (2 x 6 MW)	South Sulawesi	PT Gorontalo Energi
3	PLTU Tawaeli (2 x 13.5 MW)	Central Sulawesi	PT Pusaka Palu Jaya Power
4	PLTU Sampit (2 x 6 MW)	West Kalimantan	PT Karya Putra Powerin
5	PLTU Tanah Grogot (2 x 6 MW)	East Kalimantan	PT Mahajaya Arya Satya
6	PLTU Ketapang (2 x 6 MW)	West Kalimantan	PT Ketapang Power
7	PLTU Banjarsari (2 x 100 MW)	South Sumatra	PT Bukit Pembangkit Inovatif
8	PLTU Belitung (2 x 6 MW)	Bangka Belitung	PT Belitung Arya Power
9	PLTU Tanjung Pinang (2 x 10 MW)	Riau Island	Consortium Medco-Menamas-Barata
10	PLTU Jayapura (2 x 10 MW)	Papua	Consortium Menamas-Permata-PLN Tarakan