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Heads of agreement sealed for a growth of 600MW PLTGU energy plant in a Bantaeng Industrial Park, South Sulawesi

JAKARTA, Indonesia–(Antara/BUSINESS WIRE)– PT. Energi Nusantara Merah Putih (ENMP) jointly with a industrial tenants of a Bantaeng Industrial Park (KIBA) have sealed a Heads of Agreement (HoA) surveying a expansion devise for a 600MW combined-cycle appetite plant (PLTGU). The partnership is entirely upheld by a Government of Bantaeng Regency, South Sulawesi. Philippines-based, Atlantic, Gulf and Pacific Company of Manila (AGP), that owns and operates LNG infrastructure and solutions, will also attend in a landmark project.

In 2014, following a adoption of Government Regulation No.12/2014 banning a trade of unprocessed vegetable ore, a Bantaeng Regent, M. Nurdin Abdullah, shaped a KIBA covering an area of approximately 3,000ha during a initial stage. The KIBA provides special services to industrial tenants by a Bantaeng Regional Corporation (Perusda), therefore creation it really accessible for doing business. The process has captivated a sizeable series of domestic and unfamiliar investments, quite in smelter expansion in a regency given then. Consequently, there is strong expansion direct for appetite that contingency be met with adequate commissioned ability with a haven domain to accommodate a vacillating and non-linear bucket final of nickel smelters handling in a KIBA.

ENMP jointly with a subsidiaries PT. Pasifik Agra Energi, as a owners and developer of an integrated liquefied healthy gas (LNG) receiving depot to yield healthy gas for a appetite plant, and PT. Power Merah Putih, as a owners and developer of a 600MW appetite plant, are obliged for providing primary appetite to a KIBA. ENMP and a partners will also essay to rise Bantaeng as a core of LNG placement for a executive and eastern Indonesia region. The LNG depot and appetite plant have an estimated sum investment of USD980 million.

“The formation of this plan will concede a KIBA ancillary industries to accomplish a construction of a LNG receiving depot immediately. This is a essential partial of a 600MW appetite plant itself, that will start operations by mid-2021,” pronounced a President Director of ENMP, Westana H. Wiraatmadja.

ENMP is operative with AGP, that specializes in bringing LNG/natural gas to markets that are now off-grid with pragmatic, fast-track standardised infrastructure. Bringing together a in-house expertise, AGP will concentration on a design, engineering, construction and operation of a LNG receiving terminals during KIBA. The modular components of a depot will be assembled during a state-of-the-art production comforts in Batangas, South of Manila, Philippines.

“AGP is anxious to support this nationally critical plan in Bantaeng. We demeanour brazen in brief sequence to LNG being accessible for a appetite plant and to attention and consumers around Southern Sulawesi and circuitously regions. AGP will work tough to grasp this goal,” pronounced AGP CFO Commercial Head, Abhilesh Gupta.

Currently, a plan is in a engineering proviso and is approaching to strech financial shutting within one year, followed immediately by a construction of a LNG depot and appetite plant.

By enlivening a expansion of industrial-based areas like a KIBA, Bantaeng will turn one of a largest nickel estimate centers in a universe and will minister significantly to a economy of Indonesia and South Sulawesi, and quite a regency itself.

Bantaeng Regent, M. Nurdin Abdullah, a Director of a Bantaeng Industrial Park, Taufik Fachrudin, and a Directors of a KIBA industrial tenants attended a signing ceremony.

Tenant listed in a KIBA:

1. PT. Huadi Nickel Alloy
2. PT. Titan Mineral Utama
3. PT. Bantaeng Central Asia Steel
4. PT. Sinar Deli Bantaeng
5. PT. Intim Perkasa Energi
6. PT. Multi Kilang Pratama
7. PT. Sergion Techno
8. Incensement Mills Indonesia

About AGP
Based in a Philippines, Atlantic Gulf Pacific Company of Manila (AGP) is a colonize of high-value modular infrastructure now during a forefront of a LNG infrastructure series providing gas or LNG to business around integrated LNG receiving terminals and their supply chains. AGP designs, manufactures, finances, leases, operates and maintains regasification and storage terminals, LNG travel vessels and demand-stimulated assets. From sourcing gas to last-mile delivery, AGP is a singular integrator that brings all parties together to broach projects for lower, useful collateral cost.

For some-more than 117 years, AGP has been a tellurian personality in infrastructure solutions, delivering cutting-edge modularized products and support services to vessels, projects, and plants for a energy, resources and industrial sectors. AGP modularizes infrastructure for refineries, LNG trade and import facilities, power, petrochemical, and mining plants, building adult to 125,000 tons of unenlightened and formidable modules any year.

For some-more information about AGP’s LNG capabilities revisit http://www.agp.ph/.

Contacts

PT. Energi Nusantara Merah Putih
Iqbal Fachrudin
GM Government and External Relation
fachrudiniqbal@gmail.com / 0821 9169 7076

Source: AGP

Article source: http://www.antaranews.com/en/news/112228/heads-of-agreement-signed-for-the-development-of-600mw-pltgu-power-plant-in-the-bantaeng-industrial-park-south-sulawesi