Sunteți pe pagina 1din 19

FEASIBILITY STUDY REPORT CHAPTER I

PANGKALAN BUN KALSELTENG-3 CFSPP 2 X 100 MW PROJECT OVERVIEW

Table of Contents
CHAPTER I ................................................................................................. 1

1.1. General ............................................................................................ 1


1.1.1. Purpose and Objective of Study ...................................................................... 2
1.2. Electric Power Planning ....................................................................... 3
1.2.1. Interconnection System .................................................................................... 3
1.2.2. 150 kV Pangkalan Bun Substation ................................................................... 3
1.2.3. Power Balance and System Analysis ............................................................... 3
1.3. Power Plant Site ................................................................................. 4
1.4. Design of Main Equipment ..................................................................... 4
1.4.1. Civil Design .......................................................................................................... 4
1.4.2. Mechanical Equipment ...................................................................................... 9
1.4.3. Electrical Equipment ....................................................................................... 10
1.4.4. Source of Coal .................................................................................................. 11
1.4.5. Environmental Impact ..................................................................................... 11
1.5. Study Implementation ......................................................................... 11
1.6. Financing Plant ................................................................................. 11
1.6.1. Project Finance ................................................................................................ 11
1.6.2. Project Equity ................................................................................................... 11
1.6.3. Risk Allocation .................................................................................................. 12
1.6.4. Financial Analysis ............................................................................................. 12
1.6.5. Project Cost Estimate ..................................................................................... 14
1.6.6. Structure of Electricity Tariff ........................................................................ 15
1.7. Conclusion ....................................................................................... 15
List of Table

Table 1-1 Project Cost Estimate ...................................................................... 14

Table 1-2 Electricity Tariff Summary ................................................................ 15

I-i
13-05-
2016
FEASIBILITY STUDY REPORT CHAPTER I
PANGKALAN BUN KALSELTENG-3 CFSPP 2 X 100 MW PROJECT OVERVIEW

CHAPTER I
PROJECT OVERVIEW

1.1. General

The power sector in Indonesia is organized under the Ministry of Energy and Mineral
Resources. PLN as electricity provider is responsible for the most of electricity
generation in Indonesia and monopoly of transmission, distribution and supply of
electric power in Indonesia. Some private sponsors have been involved and
expected to continue and increasing role in power sector development.

The electric power supply in Pangkalan Bun Kalselteng-3 CFSPP 2 x 100 MW, is
generated from existing various type of PLNs power plants. Currently, electricity
requirement is increasing and likely there is an imbalance between electric power
demand and actual power capacity generated from all plants. Besides, most of the
power plants especially diesel power plant are getting older with high operation
and maintenance costs. The above situation makes the electric power supply in
Pangkalan Bun Kalselteng-3 CFSPP 2 x 100 MW becomes critical and urgent to
develop a new power plant such as Pangkalan Bun Kalselteng-3 CFSPP 2x100 MW in
Pangkalan Bun Kalselteng. PT. PLN (Persero), the State Owned Electricity
Corporation (here in after called PLN), Overcome such crisis by promoting the
development of the power plant as a private sector project and will award a Build,
Operate and Own (BOO) concession to a private sponsor. A private sponsor as the
Seller of electric power to PLN shall established an Independent Power Producer
(IPP) company comprises of finance, design, procurement, construction, testing,
commissioning, operation and maintenance including auxiliary equipment and
supporting facilities for operating a reliable base load electricity supply.

PLN intends the private sector projects to be financed by private sponsor as electric
power seller without any direct or indirect Government guarantees. The Seller will
earn revenue for returns on investment and service of debt from selling electric
power to PLN and must look adequate profit operation of the power plant.
PT. Sumber Sarana Elektrik (PT SSE) is one of private company who is very
interested to participate as Project Sponsor to develop the power plant and already
have seven (7) biomass power plant to supply this own factory. To carry out
feasibility study of the project, PT SSE is sister company from

I-1

13-05-
2016
FEASIBILITY STUDY REPORT CHAPTER I
PANGKALAN BUN KALSELTENG-3 CFSPP 2 X 100 MW PROJECT OVERVIEW

PT. Sawit Sumbermas Sarana (PT SSMS) has appointed PT. Indopower International
(PT IPI).

The proposed power plant is a coal fired steam power plant with capacities of 2 x
100 MW (Nett) and called as Pangkalan Bun Kalselteng-3 CFSPP 2 X 100 MW, this
location is located in Tempene Village, Kumai District, Kotawaringin Barat Regency,

Central Kalimantan Province with coordinates 02o4256.71 S-111o4513.92 E.

Pangkalan Bun Kalselteng-3 Coal fired steam power plant with capacity 2 x 100 MW
will be connected to new 150kV Pangkalan Bun substation system. It is estimated
that the project will be in commercial operation for the 1 st unit in December 2020

and the 2nd unit in March 2021.

Milestone of the Pangkalan Bun Kalselteng-3 CFSPP 2 X 100 MW net is as follows:

1. EPC Contract Sign : May 2017


2. Construction : June 2017 March 2020
3. Commissioning : April 2020
4. Commercial Operation Date Unit 1 : December 2020
5. Commercial Operation Date Unit 2 : March 2021

1.1.1. Purpose and Objective of Study

The purpose of this feasibility study is to obtain the power plant scheme and to
evaluate technical, economic, and environmental aspects of the project.

The objective of this feasibility study is to identify the specification of Pangkalan


Bun Kalselteng-3 CFSPP 2 X 100 MW to obtain electric power supply to PLN with
good reliability, economically technically feasible.

This feasibility study will include site visit, site evaluation, preliminary analysis of
load demand, fuel supply, and water potential including preparation of scheme
concept, power plant configuration and preliminary financial analysis.

I-2
13-05-
2016
FEASIBILITY STUDY REPORT CHAPTER I
PANGKALAN BUN KALSELTENG-3 CFSPP 2 X 100 MW PROJECT OVERVIEW

1.2. Electric Power Planning

1.2.1. Interconnection System


Pangkalan Bun Kalselteng-3 CFSPP 2 x 100 MW power output will be transmitted to
PLN 150 kV Grid system.

1.2.2. 150 kV Pangkalan Bun Substation


The Pangkalan Bun Kalselteng-3 CFSPP 2 x 100 MW will be connected directly to new
150 kV Pangkalan Bun Substation Substation that consists of :
- 2 Incoming Transmission Line Bay (T/L Bay)
- 4 Outgoing (T/L Bay)
- 1 Couple Bay
The substation is configured as double busbar and one breaker. The distance
between Pangkalan Bun substation and Pangkalan Bun Kalselteng-3 CFSPP 2 x 100
MW is approximately 13 km. To transmit fully 2X100 MW, the transmission line shall

be equipped with suitable ACSR 150 kV, Hawk 1 x 240 mm 2 double circuit
transmission line.

1.2.3. Power Balance and System Analysis


Existing power generation installed capacity, the energy and power peak load, the
energy and power forecasting and power of the new power plant are incorporated
in calculation of generating reserve margin.

Afterward, by considering Generation Reserve Margin (GRM) it can be determined


whether there is power surplus or deficit. The reserve margin components consist of
Season Variation (HPP derated), Derated of Thermal Power Plant, Maintenance
Planned Outage, Force Outage (FO) and Essential Spinning Reserve (ESR) are
estimated about 30 % of peak load.
Surplus/deficit of electricity energy in Pangkalan Bun Kalselteng system is shown in
Power Balance Table 2.10 in Chapter II :
The estimated demand and based calculating is depending on :
1. Rate of the average peak load growth is 7.4 % per annum.
2. Rate of the average energy production growth is 10.8 % per annum.
3. Sold energy growth 9.9 %
4. There are deficit of power along the year from 2015 until 2024.

Therefore Pangkalan Bun Kalselteng-3 CFSPP 2 x 100 MW is feasible to be

I-3

13-05-
2016
FEASIBILITY STUDY REPORT CHAPTER I
PANGKALAN BUN KALSELTENG-3 CFSPP 2 X 100 MW PROJECT OVERVIEW

implemented and expected to be operated in March 2021.

1.3. Power Plant Site

The objective of evaluation is to determine the best power plant layout and the
most economical site development.

1.4. Design of Main Equipment

The selected main equipments of the power plant will be designed to meet
reliability and maintainability requirements and also can reduced the environmental
impact as low as possible.

1.4.1. Civil Design


1.4.1.1 Main Power Building
The Main Power Building is comprised of turbine house, deaerator and coal silo
bays. The central control room will be located in the deaerator/silo bay at the
operating level. The Main Power Building is separated from the boiler. The Main
Power Building which turbine generator houses, condenser, boiler feed water
pump, feed water heaters deaerator, coal silo, lime silo and other equipment for
the power generation will be designed to withstand dead load (including
equipment load), live load, wind load, and seismic loads.
The Main Power building will be of a steel framed structure, 82 meter long by 30
meter wide with double skin metal roofing and siding.
The Turbine Hall will have a 30 m wide section which furnished by 50/10-ton
overhead traveling bridge crane. The height of this section is 26.00 meter. This
section will have a roof and siding. The operating floor in the Turbine building will
be at El. 10.500 m.
The other 8 m section of deaerator bay and 8.5 m section of coal and lime silo bay
will have elevated floors; the deaerator bay will have a ground floor at El. 0.000
m and three other elevated floors at El. 5.500 m, El. 10.500m and El. 18.000m.
The coal and lime silo bay will have a ground floor at El. 0.000 m and three other
elevated floors at El. 5.000, El. 10.500 m and El. 28.000 m. The height of silo bay
is 44 m (roof). This section will have a roof and partial 'Siding. The elevated
floors will be of cast-in-situ concrete slab supported by steel beam or grating
where required due to maintenance erection or ventilation.

I-4

13-05-
2016
FEASIBILITY STUDY REPORT CHAPTER I
PANGKALAN BUN KALSELTENG-3 CFSPP 2 X 100 MW PROJECT OVERVIEW

Columns on Row A together with space steel roof trusses of the turbine House and
the double frame of the Deaerator and Coal Silo bays will form the transversal
bearing structure system The longitudinal steel beams, columns and braces
connecting columns become the longitudinal bearing system to resist the lateral
load. The horizontal braces system is located at the top and bottom chords of the
Turbine House roof truss.
The building foundation will be reinforced concrete mat foundation supported by
pile. Turbine generator pedestal will be reinforced concrete supported on piles.
Access door at ground floor will be provided to the deaerator/silo bay.
The entrance to the unloading area will have electrically operated aluminum alloy
rolling shutter door. Major equipment will be lifted through openings from ground
floor to the mezzanine floor and operating floor. The lay down areas for turbine
components will be provided on the operating floor.
Access doors will be provided at both ends of the turbine house on the ground
floor, which will be connected with longitudinal passageway.
Double skin metal siding supported on structural steel grade will be installed on
the sides of the building starting at an elevation of 1.2 m above finish grade and
extending to underside of the roofing.
The turbine house will be provided with natural air intake louvers under operating
floor. Residence casement type windows will be provided on the operating floor.
Ventilating system with roof mounted exhausting fan will be provided for roofing.
All interior walls will be either with hollow masonry or with brick masonry. All
members of structural steel will meet fire resistance according to fire-proofing
codes.

1.4.1.2 Main control room


Main Control Room will be located inside the deaerator/silo bay with the dimension
of approximately 44 meter X 23 meter.
The main control room will accommodate the following rooms:
- Main control room
- DCS room
- Computer room
- Switchgear room
- MCC room
- Electric equipment rooms
- Battery room

I-5

13-05-
2016
FEASIBILITY STUDY REPORT CHAPTER I
PANGKALAN BUN KALSELTENG-3 CFSPP 2 X 100 MW PROJECT OVERVIEW

- Cable vault

The control room will be vibration isolated, and its floor will' be dust-free.
The noise resisting requirements for control room will meet the standards of
building code used. Noise proof will reach a level of less than 60 db.
The interior of the control room will ensure a favorable environment for operator.
Lighting will be properly arranged against glaring on the panels.
Inner walls partitioning the control room and computer room and walls between
computer rooms will extend up to the slab above to form separations between fire
zones.
The floor of control room and computer room will be used false floor.
Ceilings of control room and engineer room will be acoustical and with recessed
lighting fixtures. Other rooms will have suspended ceiling. In battery room and all
areas where chemicals may be used, handled or stored, the floors, walls, ceilings,
doors, windows, and all building components will be designed to be corrosive-
resistant.

1.4.1.3 Boiler and auxiliary structures foundation


The structural steel supporting the boiler will be provided by the boiler
manufacture. The foundations for structures and all equipment will be piles
foundation isolated from the main block.

1.4.1.4 Electrostatic precipitator


Electrostatic Precipitator frame will be steel structure by the use of vertical and
horizontal braces for lateral resisting system.

1.4.1.5 Induced draft fan building and others


Induced draft fan building will be cast-in place reinforced concrete framed
structure. Flue supporting frame will be steel structure also supported on piles.

1.4.1.6 Chimney and flue supports


The Chimney will be single cylindrical reinforced concrete structure. With
approximately 120 meter height, each boiler has its own steel flue liner which will
be lined internally with the acid-proof puddle and between reinforced concrete
stack shell and flue liner will be lined with heat insulation layer. Flue supports will
be concrete structure.

I-6

13-05-
2016
FEASIBILITY STUDY REPORT CHAPTER I
PANGKALAN BUN KALSELTENG-3 CFSPP 2 X 100 MW PROJECT OVERVIEW

1.4.1.7 Water treatment building and chemical laboratory building


The water treatment building which houses the water treatment equipment will be
a structure, approximately 30 meter x 20 meter x 7.5 meter height with double skin
metal roofing and single skin metal siding. Interior walls and partitions will be
concrete masonry units.
Equipment will be supported on pads above floor level at elevations to suit
mechanical requirements.

1.4.1.8 Waste water treatment building


The waste water treatment building which houses the waste water treatment
equipment will be a structure of approximately 13 x 13 x 4.0 meters height with
single skins metal roofing and double skin metal siding. Interior walls will be
masonry brick.
Equipment will be supported on pads above floor level at elevations to suit
mechanical requirements.
Equipment will be supported on pads above floor level at elevations to suit
mechanical requirements.

1.4.1.9 Administration building


The building will be houses offices, locker, and spaces for conference. The building
will be a three stores reinforced concrete structure, approximately 25 meter long
by 11 meter wide with masonry brick block wall.

1.4.1.10 Workshop (maintenance) building


The building will be a steel framed structure, approximately 30 x 12 x 8 meter
height with single skin metal roofing and double skin metal siding.

1.4.1.11 Warehouse
The building consist of warehouse indoor and warehouse outdoor. For building
warehouse indoor will be a steel framed structure, approximately 25 x 10 x 7 meter
height with double skin metal roofing and single skin metal siding. While for
building warehouse outdoor approximately 25 x 10 x 7 meter height without roof.

I-7

13-05-
2016
FEASIBILITY STUDY REPORT CHAPTER I
PANGKALAN BUN KALSELTENG-3 CFSPP 2 X 100 MW PROJECT OVERVIEW

1.4.1.12 Fuel oil pump shelter and HSD oil tank foundations
Fuel Oil pump shelter will be a steel structure frame. HSD oil tank foundation will
be a reinforced concrete slab supported on piles.

1.4.1.13 Coal Storage and Ash Disposal


Coal storage area will be located near the power plant site with the coal storage
area is approx. 6700 m2, and the coal storage area will be covered by the metal
roof. The surface of ground area of coal storage will be protected with
waterproofing material, so the mix of water and coal is not able to penetrate to the
ground but directly drained to the settling pond.

1.4.1.14 Guard House


The building will be a masonry brick walls, approximately 5 x 5 x 4 m 2.

1.4.1.15 Fire Station


The building will be a roof type of reinforced concrete structure, approximately
17.5 x 15 x 8 m height. Walls of office and garage area will be concrete block wall.
A wide door is provided to the Fire Fighting Diesel Pump and Fire Fighting Electric
Motor Pump room for easiness of access.

1.4.1.16 Miscellaneous Auxiliary equipment foundation


The foundation design of heavy equipment such as the ID fans, FD fans, and motor-
driven feed water pumps, etc. will meet the operation condition and requirement.
The foundations will be of reinforced mass concrete supported on piles.
Foundation will be designed in accordance with relevant codes of auxiliary
machines foundation design and manufacturer's standard practice recommendation.
Main auxiliary and ancillary building
The structure and foundation types of main auxiliary/ancillary buildings, is as
follow:
a. Ash handling system
- Ash handling fan house
- Disposal Area Silo (DAS) operation room
- Fly ash silo
- Bottom ash silo

I-8

13-05-
2016
FEASIBILITY STUDY REPORT CHAPTER I
PANGKALAN BUN KALSELTENG-3 CFSPP 2 X 100 MW PROJECT OVERVIEW

b. Water treatment system


- Chemical laboratory and control office
- Demineralized room and penthouse
c. Electrical building
- Electrostatic precipitator
- Distribution room
- Diesel generator shelter
- Switchyard
- Transformer area
- Electrical lab grid control room
- Ash handling distribution room
d. Coal handling system
- Receiving hopper
- Conveyor channel
- Bulldozer garage
- Coal handling building
- Crusher house
- Dry cool shed
e. Ancillary Buildings
- Maintenance/machine shop
- Warehouse
- Guardhouse
- Fire station

1.4.2. Mechanical Equipment

1.4.2.1. Boiler
The most important design of equipment in the coal fired steam power plant is a
steam generator or boiler. In general, for coal fired steam power plant such as
Pangkalan Bun Kalselteng-3 CFSPP 2x100 MW, combustion technology types used
Circulating Fluidized Bed Coal Fired Boiler (CFB).

The manufacturer has to design the boiler to be able operated smoothly from start
up to full load and able to receive significant load swing without trip, reliable and
safe operated to carry base load, and also able to carry cycling load as well if
needed in the future.

I-9

13-05-
2016
FEASIBILITY STUDY REPORT CHAPTER I
PANGKALAN BUN KALSELTENG-3 CFSPP 2 X 100 MW PROJECT OVERVIEW

1.4.2.2. Steam Turbine System


The selected and recommended steam turbine for Pangkalan Bun Kalselteng-3
CFSPP 2 X 100 MW is composed of condensing steam turbine with reheat system and
will be designed for operation with six stages of feedwater heating which are
consisting of three Low Pressure Heater, one De-aerator, and two High Pressure
Heater. Steam turbine will drive using a direct coupled scheme, two-pole
synchronous generator at 3,000 rpm with rated gross output of 115 MW.

Steam turbine is based on typical current manufacturer standard practices. Total


warranty power plant output is 100 MW net for each unit at nominal inlet steam
pressure 130 bar and outlet steam pressure 0.078 bar(a) with max of 3 % make up
water. The turbine is guaranteed for availability, reliability and safety for operation
at throttle pressure 105 % from nominal pressure with inlet valve wide open.

1.4.2.3. Cooling Water System


The function of Circulating Water System is to provide cooling water to the main
condenser for condensing the steam exhausted from the steam turbine and to
provide Cooling water to the auxiliary cooling water system for use in the cooling
water heat exchangers. This cooling water system will be cooling tower system
using river water.
The Circulating Water flow to the condenser will be approx of 16,788 m 3/hr per unit
and two circulating water pumps (CWP) with 50 % capacity each will be provided for
each unit of turbine.

1.4.3. Electrical Equipment


1.4.3.1. Generator
The generators will be two pole cylindrical rotor machines and driven at rated
speed of 3,000 rpm, equivalent to 50 Hz, type of excitation is brushless, with air-
cooled and the capacity is 115 MW for each unit.

1.4.3.2. Protection
The function of protection devices are to protect the generator and associated
equipments from the risks of damages to the equipment.

1.4.3.3. Instrumentation & Control System


Instrumentation & Control equipments will be provided to control the power plant

I-10

13-05-
2016
FEASIBILITY STUDY REPORT CHAPTER I
PANGKALAN BUN KALSELTENG-3 CFSPP 2 X 100 MW PROJECT OVERVIEW

process using microcomputer controlled from central control room.


The design of the Instrumentation and Control Systems (I&C) for this power plant
provides optimum process control functions, reliable, safe and easy operation
without jeopardizing the economical aspects of the design. To meet the design
requirements, a Distributed Control Systems (DCS) is implemented to integrate the
process control for boiler, turbine, balance of plant, plant electrical and the other
auxiliary systems.

1.4.4. Source of Coal


Coal will be supplied from East or South Kalimantan as described in chapter V.

1.4.5. Environmental Impact


Considering all aspects that may cause pollution to the area and inhabitants, it is
said that environmental impact can be handled without any considerable problems.

1.5. Study Implementation


Feasibility Study stage activities shall include topography survey, water availability
analysis, geotechnical investigation, environmental study which cover ANDAL (EIA),
RKL (EMaP), and RPL (EMoP) conducted by other and other activities related to the
study. Survey and investigation in the field are conducted for the purpose to clarify
and evaluate the actual condition of the field.

1.6. Financing Plant


1.6.1. Project Finance
The Project Sponsor has to arrange finance matter for the project and has also to
make effort to formulate the financial plan to accommodate the parameters
specified by PLN.
The principle financial plan objectives are to:
Minimize all financing cost
Minimize the time required to return the investment

1.6.2. Project Equity


Total project cost will be financed with combination of 30% equity and 70% loan.
Loan equity ratio in the capital structure might subject to fluctuation during the
construction period.
However, at commercial operation date is intended that the loan equity ratio be

I-11

13-05-
2016
FEASIBILITY STUDY REPORT CHAPTER I
PANGKALAN BUN KALSELTENG-3 CFSPP 2 X 100 MW PROJECT OVERVIEW

adjusted to 70:30.

1.6.3. Risk Allocation


The PT. SSE proposes a sharing risk allocation to the other interested parties which
can give the best control to the risk and will result a refund in the form of credit for
the project. If there is uncertainty, such as force major, the Project PT. SSE a
balanced price sharing responsibility with involved parties and PLN.

1.6.4. Financial Analysis


Cost per kWh is derived from project cost and operating cost.

1.6.4.1. Project Cost


The project cost consists of:
1) Direct Project Cost
2) Indirect Cost
3) Interest During Construction

The project cost is required to execute the project, it consists of direct and indirect
costs as capital cost to be borne by Project Sponsor. Include interest during
construction.

a) Direct Costs
Direct Cost is an estimated amount of EPC cost and Construction Management
Cost including VAT and contingency of the power plant and it is represented as
an assumption in the Financial Program Analysis. This cost is also recognized as
Cost Drawdown Over Material (CDOM).
Direct cost consists of:
1. Total cost for Engineering, Procurement and Construction (EPC) of main
equipment, substation equipment and civil work and other related works.
2. Taxes (such as PPN, Import Duty and Other Taxes)
3. Contingency
b) Indirect Costs
Indirect cost is the cost required for Insurance, Land acquisition and
compensation, Development Cost, Administration Cost, Start-up Cost and Debt
Reserve.
Indirect cost consists of:

I-12

13-05-
2016
FEASIBILITY STUDY REPORT CHAPTER I
PANGKALAN BUN KALSELTENG-3 CFSPP 2 X 100 MW PROJECT OVERVIEW

1. Development Cost
Development Fees is consultant cost for development equal to 1.0% EPC
covers:
o Technical Consultant for FSA, PPA (for instance: selling energy to PLN),
AMDAL, engineering, feasibility study and others.
o International and Local Law aspect advice and services in negotiation
between Project Sponsor and Financial Institution.
o Financial Advisor.
o Tax and Accounting Consultants.
2. Working Capital and Training Personnel.
Working capital cost is part of indirect project cost consist of :
Start up operation and commissioning include fuel oil and coal for start
up, applicable for coal fired steam power plant.
Training personnel
3. Insurance Cost equal to equal to 0.3 % (EPC only).
4. Site Acquisition Cost.

1.6.4.2. Operating Cost


The operating cost is required for activities of the operation, which consists of
fixed cost and variable cost.

a) Fixed Cost
Project cost can be assumed as capital of the project. The cost estimate is
made until required level for development phase and delivery time of
feasibility study. It is also made with clear assumption of construction start
date (in month).
Although the financial analysis has been done, it is still open for further
changes and improvement such as, but not limited to:
- Commitment requires reaching final contract price of the equipment and
sub-contractors where PT. SSE requires the contract for the certain
equipment in certain deadline. Process of tender evaluation (proposal)
may take time longer than the time limit to conduct EPC Process.
- Any changes in the scope of works.
- Effects on indirect costs resulted from above condition.

I-13

13-05-
2016
FEASIBILITY STUDY REPORT CHAPTER I
PANGKALAN BUN KALSELTENG-3 CFSPP 2 X 100 MW PROJECT OVERVIEW

b) Variable Cost
1. Fuel Cost
All related cost required to form and maintain coal supply from suppliers
to support power plant operation and fuel oil stock for startup and diesel
engine must be also taken into account.
This coal and fuel oil cost will become Fuel Charge (Component C).
The Sponsor shall propose that this Component C can be adjusted
periodically to accommodate change of coal and fuel oil price in the
domestic or global market.
2. Supplies Cost
Components which form variable costs will include cost component which
will vary based on the machine hour operation, lubricating oil, chemicals
and so on.
This cost will become Variable O & M Charge (Component D).
The Sponsor shall propose that this Component D can be adjusted
periodically to accommodate supplies price in the future.

1.6.5. Project Cost Estimate


Project cost estimation consists of all detailed cost will be shown in Table 1.1
below:
Table 1-1 Project Cost Estimate
Direct Cost Amount (US$)
Main Equipment 276,000,000
Transmission Line 3,250,000
VAT 8,605,000
Direct Cost Sub-Total 287,855,000
Indirect Cost Amount (US$)
Insurance Cost (0.3 %) 837,750
Development Cost (2.5 %) 6,900,000
Working Capital, Staffs, and Training 2,564,734
IDC 26,991,561
Indirect Cost Sub-Total 37,276,045
TOTAL Project Cost 325,131,045

I-14

13-05-
2016
FEASIBILITY STUDY REPORT CHAPTER I
PANGKALAN BUN KALSELTENG-3 CFSPP 2 X 100 MW PROJECT OVERVIEW

1.6.6. Structure of Electricity Tariff


Tariff structure of the project was calculated base on assumption below:
Total Capacity (gross) : 2 x115 MW = 230 MW
Auxiliary Power : 2 x 15 MW = 30 MW
Net Power Output : 2 x 100 MW = 200 MW
Capacity Factor : 80%
Start-up Availability (1st year) : 80% (1,401,600 MWh Sold/year)

Coal Price : US$ 20/Ton


Project Construction period : 33 month
Coal Caloric Value (LHV) : 3,662 kcal/kg
Economic Life Time : 30 years
Net Cycle Heat Rate (LHV) : 3,083 kcal/kWh

Table 1-2 Electricity Tariff Summary

Component Tariff cUSD


A. Capacity Cost 4.070

B. O&M Fixed Cost 0.400

C. Fuel Cost 1.659

D. O&M Variable Cost 0.200

E.Transmission Line 0.051

Total Electricity Tariff 6.380

Levelized 5.720

The Sponsor intent to adjust all components periodically to accommodate


variations in tariff, as indicated by appropriate indices or official change of
monetary polices decided by Government.

1.7. Conclusion
Regarding analysis, examination, calculation in the study, prior conclusion can be
drawn as follow:

I-15

13-05-
2016
FEASIBILITY STUDY REPORT CHAPTER I
PANGKALAN BUN KALSELTENG-3 CFSPP 2 X 100 MW PROJECT OVERVIEW

1) The project will provide power generation with tariff usd 5,720 cUSD/kWh for
coal price US$ 20.00/ton. The total project cost is U$ 325,131,045. The Loan
to equity ratio is 70:30
2) The coal consumption for Pangkalan Bun Kalselteng-3 CFSPP 2 X 100 MW is
approximately 44.25 million ton for totally 30 years operation. Required coal
consumption can be supplied by the coal supplier to the power plant site
owned by PT. SSE.
3) Commercial operation date of Pangkalan Bun Kalselteng-3 CFSPP 2 x 100 MW
is supposed in December 2020 for the first unit and March 2021 for the
second unit.
4) Pangkalan Bun Kalselteng-3 CFSPP 2 x 100 MW can replace the existing costly
diesel power plant.

I-16

13-05-2016

S-ar putea să vă placă și