AGC – Jeneponto I Wind Farm 62.5 MW – South Sulawesi - Project Profile
"AGC – Jeneponto I Wind Farm 62.5 MW – South Sulawesi - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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Asia Green Capital Partners Pte Ltd(AGC) is undertaking the construct a wind farm in South Sulawesi, Indonesia.
The project involves the construction of a 62.5MW wind farm. It will include the construction of a substation and access roads, the installation of 25 GE 2.5MW turbines, 25 towers, and transformers, and the laying of transmission lines.
GE Energy (GE) has been appointed as turbine supplier, and Kencana Group, Wind Prospect Pty Ltd and United Engineers Ltd as associated developers.
In May 2014, the International Finance Corp (IFC), the World Bank's investment unit, announced the collaboration with Asia Green Capital Pte Ltd (AGC) to jointly develop.
IFC is funding the project through IFC InfraVentures.
In late 2014, AGC conducted a survey on wind speed, environment, socio-economic conditions, and bio-engineering aspects.
In June 2015, AGC negotiated with Perusahaan Listrik Negara (PLN) over the prices for electricity.
In August 2015, the Government of South Sulawesi signed a memorandum of understanding (MoU) with EAI to build with IFC.
Tenders for construction work have been issued with a submission deadline as October 2015.
Standard Chartered PLC has been appointed as financial advisor. Vestas Wind Systems A/S has been awarded the supply contract to supply wind turbines.
The project will be funded through 25% come from IFC and AGC and the remaining will be secured in the form of loans from IFC, the Asian Development Bank, Denmark’s export credit agency EKF and other banks.
Aecom has been appointed as Environmental Consultant.
In November 2015, Indo Wind Power Holdings Pte Ltd has signed an EPC agreement for its Jeneponto 1 - 62.5 MW Wind Power Project in Indonesia with Vestas Wind Systems.
Construction works began in May 2016.
In October 2016, AGC was negotiating its Power Purchase Agreement (PPA) with Perusahaan Listrik Negara (PLN).
The construction works are underway and expected for completion in the fourth quarter of 2017.
The project involves the construction of a 62.5MW wind farm in Jeneponto, South Sulawesi, Indonesia.
The US$135 million project includes the following: