Tuesday, 12 March 2013

THE ELECTRICITY COMPANY SIGNED NEW AND RENEWABLE ENERGY POWER PURCHASE AGREEMENT


In the attempt to continually increase capacity of power supply in Sumatera and to increase energy mix ratio through construction of new and renewable energy plant, on Monday (11/12), at the Ministry of Energy and Mineral Resource’s office, PT PLN (Persero) signed a Power Purchase Agreement (PPA) with PT Supreme Energy Rantau Dedap, a consortium of companies consisting of PT Supreme Energy, GDF Suez, and Marubeni Corporation as members to construct Geothermal Power Plant (PLTP) Rantau Dedep with a capacity of 2 x 110 MW in Muara Enim, South Sumatera.

The PPA was signed by President Director of PT PLN (Persero), Nur Pamudji and President Director or PT Supreme Energy Rentau Dedap, Supramu Santosa, witnessed by Minister of Energy and Mineral Resources, Jero Wacik, and a number of invited guests.

The intermountain power project PLTP Rantau Dedap with a capacity of 2 x 110 MW is a project listed in the FTP 2 projects in accordance with Presidential Regulation No. 4/2010 on Assignment to PT Perusahaan Listrik Negera (Persero) to Perform Acceleration of Construction of Power Plant Using Renewable Energy, Coal, and Gas; Regulation of Minister of Energy and Mineral Resources No. 15/2010 juncto No. 01/2012 on List of Projects of Acceleration of Construction of Power Plant Using Renewable Energy, Coal, and Gas and the related Transmission Facilities.


It is estimated that PLTP Rantau Dedap of 2 x 1110 MW will be able to produce 1704.5 GWh of electricity e year. Commercial operation date (COD) of Unit #1 is planned at January 2012 and Units 1 and 2 is planned to fully operate in March 2012. The existence of PLIP Rantau Dedap is expected to strengthen power system in Sumatera. Tariff of electricity sale agreed, which has obtained approval from the Minister of Energy and Mineral Resources is at USD 8.86 cent/kWh, Nur Pamudji, told Business News (11/12).


This project is entitled to receive Business Feasibility Guarantee Letter (Surat  Jaminan Kelayakan Usaha) issued by the Finance Minister with guarantee scheme pursuant to Regulation of Finance Minister No. 139/2011 dated August 22, 2011 on Procedure of Provision of Business Feasibility Guarantee to PT Perusahaan Listrik Negara (Persero) for Construction of Power Plant Using Renewable Energy, Coal, and Gas which is conducted through cooperation with pri­vate power plants.


Ade Armando of the University of Indonesia said that there is no other way to prevent Indonesia from sinking due to energy crisis in the next tens of years, except to build a new and renewable energy system. Some forests in Sumatera and Kalimantan are already bald, and mineral sources are low. While, coal is a more abundant source than mineral, it is ad­equate for production of around 60 years. If there are any other sources, we could survive. But, if there are no other sources and we keep silent on exploitation of natural resources, including mineral end coal, energy crisis will become a threat, he told Business News (11/12).


From a number of exploited islands, only Papua, which is estimated to store more abundant reserves of natural resources. Papua with its diverse natural resources, in quantity, has more natural resources if compared to other islands.


Energy crisis threat is one of the many na­tionalism crisis in Indonesia. There are many things that continue to reduce our nationalism. One of them is consumption of imported products. Indonesia sits on the 3rd position in the world In terms of safes of luxury cars like Ferrari. Indonesia is also a potential market for foreign musician concerts, including Kore­an musicians.  And, number of Indonesian hajj pilgrims continually increases from year to year.
Business News - November 19, 2012

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