PTBA?s Banjarsari power plant to start operation next month
Friday, October 31 2014 - 02:16 AM WIB
IDX-listed state owned coal firm PT Bukit Asam (PTBA) announced on Thursday the development of its 2x110 MW PLTU Banjarsari coal fired power plant in Lahat, South Sumatra is now close to completion and the power plant is scheduled to come onstream next month.
The power plant will fully enter the southern Sumatra interconnection system owned by state owned electricity firm PT Perusahaan Listrik Negara (PLN) next year.
The power plant will need coal about 1,4 million tons per year.
PLTU Banjarsari developed with a total investment of US $239 million, is 59.75 percent owned by PTBA, 29.15 by PT Pembangkit Jawa Bali, and the rest by PT Navigat Innovative Indonesia.
PTBA further said it expects to achieve financial closure for its 2x620 MW PLTU Bangko Tengah, also known as PLTU Sumsel 8, in the first semester of next year. Once it is achieved, the construction of project will kick off and will take three yeas to complete. It is thus expected to come onstream in 2018.
By the time the PLTU Sumsel 8 project has been come into operation in 2018, the firm will have a total power generation capacity of 1,500 MW, including PLTU Banjarsari (2x110 MW), PLTU Tanjung Enim (3x10 MW), PLTU Pelabuhan Tarahan (2x8 MW) and a 1.5 MW biomass power plant which it will build using biomass from PT Bumi Sawindo Permai (BSP)
PTBA recently bought out BSP, which owns a palm oil plantation in Tanjung Enim, South Sumatra on 8,346 ha of lands overlapping PTBA?s concession. Of the 1.99 billion tons of coal reserves owned by the firm, 589 million tons are said to be buried under the plantation?s areas.
Editing by Johannes Simbolon