Sumut-1 power station
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Sumut-1 power station is a shelved power station in Paruh Kurau, Deli Serdang, North Sumatra, Indonesia. It is also known as 印尼棉兰工业园电厂, Medan Project.
Location
Table 1: Project-level location details
| Plant name | Location | Coordinates (WGS 84) |
|---|---|---|
| Sumut-1 power station | Paruh Kurau, Deli Serdang, North Sumatra, Indonesia | 3.78025, 98.63694 (exact) |
The map below shows the exact location of the power station.
Unit-level coordinates (WGS 84):
- Unit 1, Unit 2: 3.78025, 98.63694
Project Details
Table 2: Unit-level details
| Unit name | Status | Fuel(s) | Capacity (MW) | Technology | Start year |
|---|---|---|---|---|---|
| Unit 1 | shelved | coal: unknown | 150 | subcritical | 2026 (planned) |
| Unit 2 | shelved | coal: unknown | 150 | subcritical | 2026 (planned) |
Table 3: Unit-level ownership and operator details
| Unit name | Owner | Parent |
|---|---|---|
| Unit 1 | PT Mabar Elektrindo [100%] | Oceanwide Holdings Co Ltd [60.0%]; Power Construction Corporation of China Ltd [20.0%]; PT Garda Sayap Garuda [20.0%] |
| Unit 2 | PT Mabar Elektrindo [100%] | Oceanwide Holdings Co Ltd [60.0%]; Power Construction Corporation of China Ltd [20.0%]; PT Garda Sayap Garuda [20.0%] |
Background
Construction on the 2 x 150 MW Sumut-1 power station began in October 2013, managed by PT Mabar Elektrindo.[1] In the 2016-2025 and 2017-2026 PLN long-range supply plans, Sumut-1 power station is proposed for 2018.[2][3] In the 2018-2027 plan the project is listed for completion in 2019.[4] In the 2019-2028 plan the project is listed for completion in 2020.[5]
The power station's operator, PT Mabar Elektrindo, is a joint venture of Oceanwide Holdings, PowerChina and PT Garda Sayap Garuda.[6]
In March 2020, Oceanwide Holdings Co., Ltd., the parent company of PT Mabar Elektrindo, had its debt rating downgraded by S&P to CCC-, suggesting that Oceanwide Holdings would not be able to pay its soon-to-mature USD 680 million in debt. The ratings downgrade called into question the completion of the Sumut-1 power station; Oceanwide was reportedly seeking to sell a large proportion of its property assets.[7] Oceanwide Holdings defaulted on USD 280 million in offshore bond debt in May 2021.[8]
In July 2022, a government of North Sumatra document indicated that target operation was expected in 2023.[9]
In March 2023, Oceanwide Holdings' "Audited Annual Results" document for 2022 stated that construction of the power station was 50% complete. However, construction had reportedly been suspended since the start of the COVID-19 pandemic. Additional investments or a new owner would be needed for the project to continue. The document estimated that if construction resumed, the project could be completed within two years, and commercial operation was forecasted for 2026.[10]
The status of Sumut-1 power station was changed to "shelved", because the project was on a construction hold for over two years.
In February 2024, Oceanwide Holdings was delisted from the Shenzhen Stock Exchange.[11]
Opposition
In July 2016 an environmental activist in North Sumatra, Effendi Syahputra, alleged that the plant was being built without a permit from the Department of Transportation to build a dock. He also alleged that land reclamation was occurring improperly, with sea sand that was not in accordance with mining regulations.[12]
Articles and Resources
References
- ↑ Sumut Segera Miliki PLTU Baru Berkapasitas 2x150 Mw, Oke, Oct. 29, 2015
- ↑ “Rencana Usaha Penyediaan Tenaga Listrik, PT PLN (Persero), 2016-2025,” Kementerian Energi Dan Sumber Daya Mineral, June 2016
- ↑ Rencana Usaha Penyediaan Tenaga Listrik (RUPTL) 2017-2026, PT PLN Persero
- ↑ Rencana Usaha Penyediaan Tenaga Listrik (RUPTL) 2018-2027, PT PLN Persero, A-19
- ↑ Rencana Usaha Penyediaan Tenaga Listrik (RUPTL) 2019-2028, PT PLN Persero, A-13
- ↑ 印尼棉兰电厂, Oceanwide Holdings, accessed Feb. 1, 2023
- ↑ Faisal Maliki Baskoro, Indirect Impact of Virus Corona , the fate of 2 PLN projects in question Proyek, Berita Satu, Mar. 6, 2020
- ↑ Wang Juanjuan and Denise Jia, Oceanwide Holdings Defaults on $280 Million of Offshore Bonds, Caixin Global, May 27, 2021
- ↑ Rencana Umum Energi Daerah Provinsi Sumatera Utara, Guvernur Sumatera Utara, July 22, 2022
- ↑ Announcement of Audited Annual Results for the Year Ended 31 December 2022, China Oceanwide Holdings Limited, March 31, 2023
- ↑ Debt-Stricken Oceanwide Is First Chinese Developer to Be Kicked Off Bourse This Year, Yicai Global, February 8, 2024
- ↑ Pemerintah Diminta Hentikan Proyek PLTU Paluh Kurau, Okezone, Jul. 17, 2016
Additional data
To access additional data, including an interactive map of coal-fired power stations, a downloadable dataset, and summary data, please visit the Global Coal Plant Tracker on the Global Energy Monitor website.
