TPI – Kalsel Coal-Fired Power Plant 200 MW – South Kalimantan - Project Profile
"TPI – Kalsel Coal-Fired Power Plant 200 MW – South Kalimantan - 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.
The "TPI – Kalsel Coal-Fired Power Plant 200 MW – South Kalimantan - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.
PT Tanjung Power Indonesia (TPI) is undertaking the construction of a coal-fired power plant in Tabalong Regency, South Kalimantan, Indonesia.
The project involves the construction of a 200MW (2×100MW) coal-fired power plant. It includes the construction of a powerhouse, a substation, coal washing units, raw water storage tanks, switch-yards, water transmission pipelines and related infrastructure, the installation of boilers, turbines, generators and transformers, and the laying of transmission lines.
The power plant will use circulating fluidized bed (CFB) technology.
On October 15, 2014, TPI signed a Power Purchase Agreement (PPA) with PLN.
PT Pöyry Indonesia has been appointed as lead consultant.
On December 12, 2014, Hyundai Engineering Co Ltd (HEC) was awarded the EPC (engineering, procurement, and construction) contract worth US$325 million.
On May 15, 2015, Sumitomo Heavy Industries Ltd, signed a supply contract with HEC for two CFB boiler units with a steam generation capacity of 400t/h per unit.
ADRO is responsible for supplying the coal and the logistics services
In June 2016, construction works commenced.
DBS Bank is acting as the financial advisor for the project.
On January 24, 2017, the project has reached financial closure after it secured US$422 million syndicated loan from six commercial banks, including Korea Development Bank, Bank of Tokyo-Mitsubishi UFJ, Ltd, DBS Bank Ltd, Mizuho Bank, Ltd, Sumitomo Mitsui Banking Corporation, and The Hong Kong Shanghai Banking Corporation Ltd and rest amount through equity financing.
Construction works are scheduled for completion in 2018.
The project involves the construction of a 200MW (2×100MW) coal-fired power plant in Tanjung, South Kalimantan, Indonesia.
The US$545 million project includes the following: