Indonesia

The Indonesian government will offer 17 infrastructure projects worth $9.98 billion under the public private partnership scheme to investor via open tender,reprots Reuters.

GE will supply two 41MW aeroderivative gas turbines to PT Kartanegara Energi Perkasa, owner of the Senipah Power Plant.

Indonesia’s production of thermal and coking coal is forecasted to increase by 5.5 percent to 380 million tons in 2012, according to Supriatna Suhala, the executive director of the Indonesian Coal Mining Association.

Japan's Marubeni has secured an engineering, procurement and construction contract from Perusahaan Listrik Negara to build a geothermal plant in West Java, Indonesia.

 PT Dian Swastatika Sentosa and PT Golden Energy Mines will jointly build a US$400 million coal-fired power plant in South Sumatra.

The World Bank will lend $300 million to Indonesia to finance the development of two geothermal projects.

Coal India Ltd is seeking the government's approval to acquire 30 % stake in a coal asset in Indonesia, Chairman and Managing Director N C Jha said.

Sarawak Energy has bagged deals to sell about 230MW of electricity to West Kalimantan, Indonesia, by mid-2014.

PetroVietnam has awarded two contracts worth a combined $1.2 billion to two subsidiaries to build a 1,200-megawatt coal-fired power plant. These will eventually boost its thermal coal imports from Indonesia and Australia, the government said.

PT PLN plans to construct three gas-fired power plants with a total capacity of 4,500MW in Java, Indonesia.

International Power, PT Supreme Energy and Marubeni has signed a joint venture agreement to build the 200MW Rantau Dedap geothermal project in South Sumatra Province, Indonesia.

Malaysia's Democratic Action Party urged the Malaysian government to review the agreement that Tenaga Nasional Berhad has with independent power producers.

Indonesia's PP and South Korea-based Hyundai have secured a n contract for the construction of a hydro power plant in Indonesia.

State electricity firm PT PLN has picked the Jpower-Itochu-Adaro consortium’s bid to develop a power plant in Central Java worth about Rp 30 trillion (US$3.48 billion). PLN president director Dahlan Iskan said in Jakarta on Wednesday that the consortium won the bid because it was the only one of the four bidders offering a price lower than that estimated by the bid committee. Marubeni Corporation, China Shenhua Energy Company Ltd and the CNTIC-Guandong Yudean consortium also submitted bids to develop the 2x1,000 megawatt power plant in Pemalang, Central Java, in late April. A press statement from PLN says the project was the first public-private partnership complying with a 2010 presidential regulation on such partnerships. It will be jointly guaranteed by the government and government-sponsored infrastructure financing guarantee agency, PT Penjaminan Infrastruktur Indonesia (PII), the statement says. The Pemalang power plant is expected to commence operations in 2017. The winning consortium includes Japan-based Electric Power Development (J-Power), local coal mining company Adaro Energy and the Japan-based Itochu Corporation.

As part of its bid to finance its capital expenditure, state utility company Perusahaan Listrik Negara is considering various funding options, such as whether to sell dollar-denominated bonds or seek banking loans worth up to $2 billion, its president director said. “We’re still studying whether we will issue global bonds, sukuk bonds or seek bank loans from domestic banks to finance our investment plans,” Dahlan Iskan, PLN’s president director, said in Jakarta on Wednesday. “Next month, we will announce whether or not we will seek the funding this year. The amount will be around $1.5 billion to $2 billion.” PLN’s intended bond sale had been put on hold since last year, but its plan gained momentum after state oil and gas company Pertamina raised $1.5 billion from overseas bond sales earlier this week to finance its expansion plans. Pertamina’s 5.25 percent bond was priced to yield 5.5 percent, it announced on Tuesday. PLN has said previously that Indonesia needs around Rp 82 trillion ($9.5 billion) in funds this year to meet a target of generating around 6,000 additional megawatts of electricity to the power grid. PLN plans to provide Rp 77.4 trillion of its financing needs, with the remainder coming from private companies through partnerships. PLN is allocating Rp 62 trillion for capital expediture next year. The government has announced a two-phase, 20,000 MW fast-track program that is expected to be completed by 2014. PLN and the private sector are each expected to generate 10,000 MW in the plan. Last year, PLN posted a 2.6 percent drop in its net profit to Rp 10.1 trillion.

A consortium of Indonesian and Japanese firms has won a contract to build coal-fired power plants in Central Java.