| PLN to buy geothermal steam PLTP Ulu Belu |
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| Thursday, 18 February 2010 09:30 | |||
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JAKARTA:
PT Perusahaan Listrik Negara (Persero) to buy steam from the geothermal
power plant geothermal (PLTP) 2x55 MW Ulu Belu of PT Pertamina
Geothermal Energy worth U.S. $ 0.042 per kWh.
Purchase it allows companies to produce electricity from PLTP is a cost of U.S. $ 0,055-US $ 0.0606 per kWh. The price of electricity production was produced himself far below the government ceiling of U.S. $ 0.097 per kWh is caused by the structure is relatively very soft loans. PLN President Director Dahlan Iskan said after talks long enough price, the company and finally agreed on the price of PGE following steam electricity produced by PGE from PLTP 2x55 MW Ulu Belu. For the price of steam, PLN agreed to purchase for U.S. $ 0.042 per kWh, with the escalation of 2% per year. According to him, with the price based on the calculation of final price of electricity companies from PLTP Ulu Belu is estimated at only U.S. $ 0.0533 per kWh-US $ 0.0606 per kWh. Although not used as a rigid reference to other PLTP, Dahlan said the price of electricity so it will become an internal reference in negotiating with the developer of geothermal power berskema independent power producer (IPP). "The price may be considered too expensive for investors that can not be the benchmark for the development of PLTP-PLTP others. But this is the key to PLTP-PLTP others," he said in the signing of a steam purchase agreement (PJBU) PLTP Ulu Belu and head of agreement (HOA) development of 11 other PLTP by both companies yesterday. "The most important of these agreements is that we all now have the standards are derived. If ever live commercial loan lending rates change all the parameters," he said. Loans Dahlan expressed PLTP cheap electricity prices is due more to the soft loans obtained by the developer of the Japan International Cooperation Agency. JICA provides a very soft loan with an interest rate 0.7% with a tenor of 30 years. JICA to fund two Ulu Belu generating units with a value equivalent to U.S. $ 156.7 million. For the development of this PLTP, PLN will hold as the developer Sumitomo Corporation Japan and Industrial Engineering, including the construction of 150 KV transmission capacity and expansion of its parent bus shelter. Based on the development plan, the construction of this PLTP for 32 months. Schedule COD or prime commercial operation is targeted at 1 unit in July 2012 and unit 2 in November 2012. As for the other 11 PLTP, six of PLTP PLTP Ulu Belu 3 & 4, Moss Hall 1 & 2, Moss Hall 3 & 4, 5 & 6 Lahendong, Kamojang, and Geothermal Power Plant will be built by Karaha PGE IPP scheme. Five other plants that consists of Lahendong 4, Hululais 1 & 2, Kotamobagu 1 & 2, Kotamobagu 3 & 4, and the River Full 1 & 2 was built by PLN.
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