The Cirebon 3 Coal Fired Power Plant is 1,000MW coal fired power project. It is planned in West Java, Indonesia. The project is currently in permitting stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in 2022.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Thermal | 1,000 | – | 1,000 | Permitting | West Java, Indonesia | Chubu Electric Power; Korea Midland Power; Marubeni; PT Indika Energy; ST International |
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Description
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The project is being developed and currently owned by Chubu Electric Power, Korea Midland Power, Marubeni, PT Indika Energy and ST International. The company’s ownership stake in the project stands as 35%, 25%, 20%, 10% and 10% respectively.
It is a steam turbine power plant.
The project cost is expected to be around $2,200m.
Development Status
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By GlobalDataPost completion of the construction, the project is expected to get commissioned in 2022.
About Chubu Electric Power
Chubu Electric Power Co Inc (Chubu) is an energy utility. It generates and procures electricity and offers electric network related services. The company produces electricity using the hydro, thermal, nuclear and renewable sources. Chubu has interests in upstream and midstream energy fields, and electricity generation projects in overseas. It also offers comprehensive energy services in gas and power fields. The company has regional offices in Nagoya, Gifu, Mie, Nagano, Okazaki, Tokyo and Shizuoka in Japan; and overseas offices in the US, the UK and Qatar. Chubu is headquartered in Nagoya, Aichi, Japan.
About Korea Midland Power
Korea Midland Power Co., Ltd. (Komipo), a subsidiary of Korea Electric Power Corporation, is an electric utility which generates electricity; operates power plants; and provides various energy services. The company produces electricity from bituminous coal, anthracite coal, liquefied natural gas, solar, heavy oil, hydro, and wind sources. It owns and operates steam, internal combustion and combined cycle thermal power generation, pumped-storage, and renewable energy power plants. Komipo offers EPC management, consulting, education and training program, power plant operation and maintenance, and technical exchange program services. The company serves in domestic and overseas regions; and has plants in Boryeong, Incheon, Cheonan, Yeosu, Chungbuk. Komipo is headquartered in Boryeong-si, Chungcheongnam-do, South Korea.
About Marubeni
Marubeni Corp (Marubeni) is an integrated trading and investment business that operates through its domestic and overseas subsidiaries. The company provides various products and commodities such as marine products, chemicals, energy, metals and minerals, machinery, textiles, forest products and general merchandise, and pulp and paper. It also offers finance, logistics, development and construction services. The company explores transports, stores and markets natural resources. Marubeni provides insurance and reinsurance, fund and Japan real estate investment trust management and property management services, and operates transportation infrastructure projects. It has operations across North America, Central and South America, Europe, Africa, Asia, and Oceania. Marubeni is headquartered in Tokyo, Japan
About PT Indika Energy
PT Indika Energy Tbk (Indika Energy) is an integrated energy company. It provides services such as energy resources, energy services, and energy infrastructure. The company’s energy resources business focuses on coal exploration, production, and processing. Its energy services business provides a comprehensive range of engineering, procurement, and construction (EPC), operations and maintenance (O&M), project management and logistic services for coal mining, oil and gas, petrochemical, and power generation sectors. Its energy infrastructure business provides mining transportation and logistics services and focuses on electricity generation. Its Portfolio/Companies comprises of IMI, IMP Group, and IDT Group that invests in mining companies and manages the company’s digital activities. The company exports coal to several countries. It has operations in Indonesia. Indika Energy is headquartered in Jakarta, Indonesia.
About ST International
ST International Corp (ST International) formerly Samtan Co Ltd, a subsidiary of Samchully Co Ltd, is a coal mining company. The company operates in the exploration, production and transportation of coal. It operates open pit coal mine in Pasir region in Kalimantan Island and distributes coal products across Korea, Indonesia, Japan and Europe. Samtan carries out crude palm oil plantation operations located in Bangka, southern Sumatra Island, Indonesia; and operation of an independent thermal coal power plant. The company has operations throughout South Korea and Indonesia. Samtan is headquartered in Seoul, South Korea.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
