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Ketapang Smelter power station

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Ketapang Smelter power station is a 160-megawatt (MW) coal-fired power plant under development in West Kalimantan Province, Indonesia.

Location

The map below shows the location of power station at the alumina refinery in Ketapang Regency, West Kalimantan Province.

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Background on Project

In July 2013, PT Cita Mineral Investindo, a subsidiary of the Harita Group, began construction on the first of two phases of the massive Well Harvest Ketapang aluminum smelter in West Kalimantan, at a total cost of $1 billion.[1] The first phase apparently includes a three-unit, 80-MW coal-fired power plant, and is expected to be completed in 2016.[2] It began operating in June 2016.[3]

Expansion

In 2013 it was announced that a second phase consisting of a three-unit 80-MW coal plant would be completed by 2016.[4][5] In October 2017 it was reported that construction of the second phase would begin in 2018.[6]

Ownership and financing

As of April 2014, Harita had apparently sold a 60% stake in the Well Harvest Ketapang project to China Hongqiao Group, retaining only a 25% share. Well Harvest received a $330 million loan in April 2014 from a syndicate of banks, led by Singaporean banks DBS Bank and OCBC Bank.[2]

In May 2016 the ownership structure was described as 30 percent Harita Grou, 56 percent China Hongqiao Group, 9 percent Winning Investment (Hongkong) Company, and 5 percent Shadong Weiqiao Aluminum and Electricity Company.

Project Details

  • Sponsor: PT Well Harvest Winning Alumina Refinery
  • Parent company: Harita Group (30%), China Hongqiao Group (56%), Winning Investment Co. (9%), Shandong Weiqiao Aluminum an dElectricity Co. Ltd. (5%)
  • Location: Kendawangan District, Ketapang Regency, West Kalimantan Province, Indonesia
  • Coordinates: -2.3661823,110.1572717 (exact)
  • Status: Operating (Ketapang-1); Permitted (Ketapang-2)
  • Gross capacity: 160 MW (Ketapang-1: 2 x 25 MW and 1 x 30 MW; Ketapang-2 Unit 3: 2 x 25 MW and 1 x 30 MW)
  • Type: Subcritical
  • Projected in service: Unit 1: 2016; Unit 2: unknown
  • Coal type:
  • Coal source:
  • Source of financing: DBS Bank and OCBC Bank[2]

Articles and resources

References

Related SourceWatch articles

External resources