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PLN prequalifies firms for Bangka-1, Kalselteng-3, Kaltim-3, Kaltim-6 coal fired power plant projects

JAKARTA (RAMBUENERGY.com) – State electricity company PT PLN has launched prequalification process (project sponsors) to develop independent power producer projects for four coal-fired power plants as part of the 35,000 MW power plant developments.

The four power plants are: Bangka-1 Coal Fired Steam Power Plant (2x100MW) located in Bangka Belitung; Kalselteng-3 Coal Fired Steam Power Plant (2x100MW); Kaltim-3 Coal Fired Steam Power Plant (1×200 MW);  and Kaltim-6 Coal Fired Steam Power Plant. The last three power plant projects are located in Kalimantan Island.

PLN said in a published statement that as for Kaltim-3 CFSPP project, the winning bidder will be partnering with PLN’s subsidiary company as the project sponsors to establish an SPC and execute the PPA.

Scope of Works

The selected project sponsors for each location will develop, finance, construct and operate the project on a build-own-operate-transfer (BOOT) basis pursuant to a long-term 25-year for coal fired steam power plant under a power purchase agreement (PPA); and finance and construct its associated transmission line and its associated facilities, which will be transferred to PLN as a special facilities.

PLN said the pre-qualification (PQ) is open to interested parties, either domestic or foreign partnership with domestic, who have previous experience in implementing power generation projects and be selected through a competitive bidding process.

Requirements

PQ applicants must demonstrate a current D&B (Dun & Bradstreet) rating of at least 5A2 or an investment grade credit rating by S&P) or Moody’s or Fitch for Consortium Leader and each member other than consortium leader must demonstrate a current D&B rating of at least 5A3 or an investment grade credit rating by S&P, Moody’s or Fitch.

The selected project sponsor shall use products of boiler, balance of plant, transformer, cable, cubicle and steel structure, manufactured and assembled by an experience manufacturer company located in Indonesia.

As for Balance of Plant, some of the equipment must be manufactured and assembled by the strategic state owned enterprise, PT PAL Indonesia (Persero), PT Bosma Bisma Indra (Persero), PT Barata Indonesia (Persero) and PT Pindad.

PQ document may be colleted from August 11-August 25, 2016. PQ documents are available at PLN main office building. (*)

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