PTBA eyes four coal-fired power projects in Sumatra and Madura
Thursday, February 10 2011 - 03:46 AM WIB
?We have passed the prequalification process in the tenders,? PTBA president director Sukrisno said.
He said that the four power plants included PLTU Sumsel 8 which would have built with a capacity of 2 x 600 megawatts and with investment of about $1.4 billion; PLTU Sumsel 6, with a capacity of 2 x 300 MW and PLTU Pranap in Riau with a capacity of 2 x 300 megawatt. The two power plants will absorb investments of about $800 million. Both PLTU Sumsel 8 and Sumsel 6 are located in South Sumatra.
The fourth plant will be PLTU Madura which will be built with a capacity of 2x 200 MW at total investment of about $500 million.
Sukrisno said that the Tanjung Enim, South Sumatra-based PTBA would become the coal supplier for the four power plants.
He said that PTBA joined a consortium of several companies to take part in the tenders. In PLTU Sumsel 8 and Sumsel 6, PTBA teamed up with a Chinese company. ?PTBA has a 45 percent stake in a consortium for Sumsel 8 and 41 percent in consortium for Sumsel 6. We are major shareholders in both consortiums,? he added.
In the PLTU Pranap in Riau, PTBA is part of a consortium which comprised an Indian company Lanco Group and PT Pramapersada Nusantara, a subsidiary of PT Astra International, while in PLTU Madura, PTBA also joined a consortium in the bidding.
Sukrisno said that PTBA was also the majority shareholder in the consortium for the PLTU Pranap. ?But in the consortium for Madura power project, we are a minority shareholder because we don?t have any coal mine in the island,? he said. (giok)