PLN – Sumsel-10 Coal-Fired Power Plant 600 MW – South Sumatra - Project Profile
"PLN – Sumsel-10 Coal-Fired Power Plant 600 MW – South Sumatra - 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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PT Perusahaan Listrik Negara (Persero) (PLN) is planning to construct a coal-fired power plant in South Sumatra, Indonesia.
The project involves the construction of a 600MW coal-fired power plant.
It will include the construction of a powerhouse, a substation, water cooling units, chimneys and access roads, the installation of turbines, generators and transformers, and the laying of transmission lines.
HSBC has been appointed as financial adviser, Aurecon as technical consultant, PT SMG as coal mining consultant, PT D&C Engineering Company as associate developer and Allen & Overy and Hogan Lovells as legal advisers.
In November 2012, PLN issued request for qualification (RFQ) for construction contract.
In April 2013, eight consortia were shortlisted, which were identified as:
1. Itochu Corp., GDF Suez and Kansai, advised by Societe Generale
3. Sinohydro Adi Coal Resources
4. A consortium of China Huadian Corp. and Bukit Asam
5. Indonesia Power
6. Mitsui, Kepco and Adaro Energy, advised by BTMU
7. Mitsubishi, EDF, EGCO and Pendopo Energi Batubara (PT Bumi Resources Tbk), advised by SMBC
8. Malakoff, Toyota Tsusho Corp. and Atlas Resources, advised by Mizuho
PLN issued request for proposals (RFP) to the eight shortlisted bidders. The submission deadline was extended thrice and finally from June 3, 2014 to September 26, 2014 as the shortlisted consortia has yet to receive the terms of the guarantee being provided by the Indonesia Infrastructure Guarantee Fund (IIGF). The IIGF is waiting for the terms of the guarantee coverage from the Ministry of Finance before issuing them to bidders.
The RFP document includes a draft coal supply agreement, which stipulates that the bidding consortia will be responsible for securing the coal supply and also that the coal supplier will have to take a minimum equity stake in the project company.
In June 2014, several bidders lodged concerns about the existing terms of RFP including concern about the coal quality. The RFP stipulates that interested parties are required to use low quality coal that cannot be exported or transported far for the project, although several of the shortlisted bidders are pushing for PLN to relax these requirements.
In December 2014, PLN amended the RFP documents and split the tender in two clusters. First cluster of bidders is for coal calorie below 3,000kcal/kg and second cluster of bidders for coal calorie above 4,000kcal/kg.
In February 2015, Indonesian government allocated funds for the proposed project through PT Indonesia Infrastructure Guarantee Fund (IIGF). Japan International Credit Agency (JICA) is also expected to fund the project.
In June 2015, the bid submission deadline was extended to August 18, 2015.
In December 2015, PLN re-tendered the RFP to shortlisted bidders and extended the bid submission deadline. However, the submission deadline has not been finalized.
In December 2016, project has been put on hold.
As of July 2017, planning activities are underway and the tenders are expected to be issued in 2017.
The project involves the construction of a 600MW coal-fired power plant in South Sumatra Province, Indonesia.
The US$2,000 million project includes the following:
1. Construction of a powerhouse
2. Construction of substations
3. Construction of water cooling units
4. Construction of access roads
5. Installation of generators
6. Installation of transformers
7. Laying of transmission lines
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