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Paiton III power station
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This article is part of the Coal Issues portal on SourceWatch, a project of CoalSwarm and the Center for Media and Democracy. See here for help on adding material to CoalSwarm. |
The Paiton 3 power station is a proposed 825 megawatt coal-fired power station which is currently under construction.[1] The project is being built on the same site as the Paiton I power station, a 1,365 megawatt (MW) coal-fired power station in Indonesia.[2]
International Power has a 31% share in the project. In its 2009 annual report International Power, a 31% shareholder in the project, stated that "in March 2010 we signed the US$1,215 million financing for the 815MW coal-fired Paiton 3 plant in Indonesia, which will be located within the existing Paiton complex. The project, has a 30-year power purchase agreement (PPA) with PT PLN, the Indonesian state utility, and construction is covered by a fixed price contract with the engineering, procurement and construction (EPC) contractor, Mitsubishi Heavy Industries, Ltd. It is expected to be fully operational by the end of 2012."[3]
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References
- ↑ International Power, 2009 Annual Report, International Power, 2010, page 52.
- ↑ "Coal-Fired Plants Financed by International Public Investment Institutions Since 1994", Appendix to Foreclosing the Future: Coal, Climate and International Public Finance: Investment in coal-fired power plants hinders the fight against global warming, Environmental Defense, April 2009.
- ↑ International Power, 2009 Annual Report, International Power, 2010, page 52.
