The TrickyScribe: Outlining the development plan for a 600MW combined-cycle power plant (PLTGU), PT Energi Nusantara Merah Putih (ENMP) jointly with the industrial tenants of the Bantaeng Industrial Park (KIBA) has signed a Heads of Agreement (HoA) in Jakarta, Indonesia.
The partnership is supported by the Government of Bantaeng Regency, South Sulawesi.
Philippines-based Atlantic, Gulf and Pacific Company (AG&P) that specializes in bringing LNG to markets that are currently off-grid with pragmatic, fast-track and standardized infrastructure will work on the landmark project with ENMP.
Following adoption of Government Regulation on banning the export of unprocessed mineral ore in 2014, the Bantaeng Regent, KIBA was formed covering an area of approximately 3,000ha at the initial stage.
It may be mentioned here that the ENMP jointly with its subsidiaries PT Pasifik Agra Energi and PT Power Merah Putih are responsible for providing energy to the KIBA. The LNG terminal and power plant have an estimated total investment of USD980 million.
“The integration of this project will allow the KIBA supporting industries to accomplish the construction of the LNG receiving terminal immediately. This is a crucial part of the 600MW power plant itself, which will start operations by mid-2021,” informed President Director, ENMP, Westana H Wiraatmadja.
Bringing together its expertise in design, engineering and construction, AG&P will focus on erection and operation of the LNG receiving terminals at KIBA. Modular components of the terminal will be constructed at its state-of-the-art manufacturing facilities in Batangas, South of Manila, Philippines.
Talking to mediapersons, CFO and Commercial Head, AG&P, Abhilesh Gupta said, “AG&P is thrilled to support this nationally important project in Bantaeng. We look forward in short order to LNG being available for the power plant and to industry and consumers throughout Southern Sulawesi and nearby regions. AG&P will work hard to achieve this goal.”