ENMP to construct 600MW combined-cycle power plant in Indonesia

ENMP to construct 600MW combined-cycle power plant in Indonesia

PT Energi Nusantara Merah Putih (ENMP) has announced plans to develop a
600MW combined-cycle power plant in Bantaeng Industrial Estate (KIBA), South
Sulawesi, Indonesia.

A heads of agreement (HoA) to build the plant has been signed by ENMP
jointly with the industrial tenants of the KIBA.

For the project, ENMP has partnered with Philippines-based, Atlantic, Gulf
and Pacific Company (AG&P), that specializes in bringing liquefied natural
gas (LNG) to markets.

AG&P will build a LNG receiving terminal, which is part of the power plant
construction.

The LNG terminal and power plant are estimated to see a total investment of
$980m.

The project, which is currently in the engineering phase, is expected to
reach financial close within next 12 months.

ENMP president director Westana Wiraatmadja said: "The integration of this
project will allow the KIBA supporting industries to accomplish the
construction of the LNG receiving terminal immediately.

"This is a crucial part of the 600MW power plant itself, which will start
operations by mid-2021."

Under the contract, AG&P will responsible for the design, engineering,
construction and operation of the LNG receiving terminals at KIBA.

The company will construct the modular components of the terminal at its
manufacturing facilities in Batangas, South of Manila, Philippines.

AG&P CFO & commercial head Abhilesh Gupta said: "AG&P is thrilled to support
this nationally important project in Bantaeng.

"We look forward in short order to LNG being available for the power plant
and to industry and consumers throughout Southern Sulawesi and nearby
regions. AG&P will work hard to achieve this goal."

ENMP along with its subsidiaries PT Pasifik Agra Energi and PT Power Merah
Putih provide prime energy to the KIBA.

Besides, ENMP and its partners aim to develop Bantaeng as the center of LNG
distribution for the central and eastern Indonesia region.

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Link to Original Article:
http://fossilfuel.energy-business-review.com/news/enmp-to-construct-600mw-co
mbined-cycle-power-plant-in-indonesia-5899389

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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com