PLN had proposed the construction of those power plants in its medium term overseas grant credit plan (DRPHLN-JM) for 2010-2014.Jakarta (ANTARA News) - State electricity company PLN is to build six power plants in 2011 with overseas investment totaling 3.006 billion US dollars, according to the company in a document prepared for a meeting with the parliament on Tuesday.
The investments are meant for the construction of the 2,000MW Indramayu thermal power plant (West Java), Hulu Lais thermal power plant (110MW) at Bengkalis, Riau province, Tulehu thermal power plant (20MW) in Ambon, Maluku province, Kotamobagu thermal power plant (three units, 80MW) in North Sulawesi, Sungai Penuh thermal power plant (110MW) in Jambi province and Mataloko thermal power plant (5MW) East Nusa Tenggara province.
PLN had proposed the construction of those power plants in its medium term overseas grant credit plan (DRPHLN-JM) for 2010-2014.
The Indramayu power plant will need the lion`s share of the investment of 2.971 billion US dollars, 2.525 billion US dollars is expected from overseas credit and the rest 446 million US dollars will be the counterpart funding.
Hululais will need a credit of 147 million US dollars, Tulehu needs 65 million US dollars, Kotamubago needs 110 million US dollars, Sungai Penuh requires 140 million US dollars and Mataloko needs 19 million US dollars.
PLN Finance Director Setio Anggoro Dewo said in the hearing with the House of Representatives` Commission VI that some of the projects are already in the stages of engineering study while some others in feasibility study.
He said Japan International Cooperation Agency (JICA) is to fund the Indramayu, Hulu Lais and Tulehu projects.
Kotamobagu will be funded by Kreditanstalt fur Wiederaufbau (KfW), a German government-owned development bank, based in Frankfurt, whereas Sungai Penuh and Mataloko will be financed by the Manila-based Asian Development Bank (ADB).
PLN for 2011 has allocated a capital expenditure of 77.398 trillion rupiahs and 62.13 trillion rupiahs for 2012.
For 2011 PLN breakdowns the capital expenditure of 35.87 trillion rupiahs for electricity generation, transmission 29.34 trillion rupiahs and distribution 12.186 trillion rupiahs.
On operational expenditure, PLN will spend 175.19 trillion rupiahs for fuels and lubricant and purchase of electricity from private companies.(*)
Editor: Heru Purwanto
Copyright © ANTARA 2011
