First proviate-led coal-fired power project kicks off in Indonesia

Chinadaily.com Company 2017-08-11 09:19:00

The first coal-fired power project led by a Chinese private company kicked off construction on August 7 in Indonesia's West Kalimantan province, Chinadaily reported.


Kalbar-1 power station, a cooperation project between Indonesia Power, a subsidiary of Indonesian power utility Perusahaan Listrik Negara and China's Suzhou-based private company Golden Concord Holdings Ltd, is expected to reach an installed capacity of 200 MW when put into operation in 2020, GCL said on August 9.


GCL is the first private Chinese company to sign a power-purchase agreement with Indonesia, which is plagued by endemic electricity shortages.


The power plant is also expected to increase energy utilization efficiency and improve local energy structure with more clean energy.


Being more efficient and less expensive in producing power, Chinese enterprises can break Japan's monopoly in coal-rich Indonesia's power generation sector.


The Kalbar-1 power station, which is part of Indonesia's power supply plan to add 35,000 MW of power capacity within five years, will be able to supply around 1.4 gw hour of electricity to West Kalimantan power grid every year.


Noting the company's most significant overseas investment along the Belt and Road Initiative, GCL's president Zhu Gongshan said the lack of power supply in the regions has provided Chinese energy companies with an important opportunity to export technology, employment, and better energy mix abroad.


(Writing by Zoey Yan  Editing by Harry Huo)
For any questions, please contact us by inqury@fwenergy.com or +86-351-7219322.

Share this article
Connect with us

Editors Recommendations

1 China Coal Daily Track (Jun 21) 2018-06-21

Thermal coal Domestic market Coal mines in Yulin, Shaanxi province expected another increase in the short run as purchase was active recently from buyers in Hebei, Shandong and Shanxi. Imp

2 China's top 3 provinces contribute 68% of raw coal output in Jan-May 2018-06-21

Northern China's Inner Mongolia, Shanxi and Shaanxi produced 67.94% of the country's total raw coal in the first five months, showed data from the National Bureau of Statistics (NBS). NBS

3 CMPort concludes trade of 50% stake in Newcastle port 2018-06-21

China Merchants Port Holdings(CMPort) has taken over 50% stake in the Newcastle port at AU$607.5 million ($457.5 million) from its parent China Merchants Group on June 14, the company announced on its

4 Chinese central SOEs' profit growth accelerates in Jan-May 2018-06-21

Profit growth of China's central state-owned enterprises (SOEs) picked up pace over January-May period this year, thanks to the deepened enterprise reform and resolve in initiative and sustainable dev

5 Hubei power plants receive 3.6 Mt coal in May, up 12% MoM 2018-06-21

Central China's Hubei province saw its unified dispatch power plants receive a total of 3.62 million tonnes of coal in May from local mines and other provinces, showed data from its provincial economi

6 Sentiment fluctuation pares thermal coal trades at China's N ports 2018-06-21

China's domestic thermal coal market saw bearish and bullish sentiments both growing in recent days, rendering traders unable to judge the market trend but stay on the sidelines. Spot pri

7 S. Korea May met. coal imports down 14.2% YoY 2018-06-21

South Korea imported 2.35 million tonnes of metallurgical coal (including coking coal and PCI coal) in May, dropping 14.18% year on year and down 13.9% from the preceding month, according to the lates

8 S. Korea May thermal coal imports decrease 20% MoM 2018-06-21

South Korea's thermal coal imports (including bituminous and sub-bituminous coal) reached 8.24 million tonnes in May, down 20.61% from a month ago yet up 4.89% year on year, the latest South Korea

9 China's rail cargo shipment hits new high in May 2018-06-21

China shipped a total 338.84 million tonnes of cargoes via railways in May, rising 11.8% from the year prior, hitting a new high since this year, said China Railway Corporation on June 20.

10 Chinese govt relaxes coal import curbs to prepare for summer high demand 2018-06-21

The Chinese government has reduced restrictions on coal imports at some southern and eastern ports on concerns about higher prices and regional power shortages, as demand for electricity jumps during

Most Read Articles

1 China's major coal miners vow to ensure supply and stabilize prices 2018-06-12

While CHN Energy announced late last week to lower their June contract coal price within the "yellow range" below 600 yuan/t, more major miners have promised to lower prices to ensure adequate supply

2 Major Chinese miners work to stabilize thermal coal prices 2018-06-11

Some leading miners in China made price adjustments in response to government's call for stabilizing thermal coal price and supply, sources said. China Energy Investment Cor

3 China to launch broader environmental inspections this month 2018-06-11

China will expand environmental inspections to more cities and regions in a new round of checks from this month to April next year, the Ministry of Ecology and Environment (MEE) said in a statement on

4 China's raw coal output rises to a new high in May 2018-06-14

China's raw coal production registered a new high in May since this year, according to official data, as miners churned out the material driven mainly by tempting profit and rallying prices.

5 China proceeds development of coal-to-oil conversion 2018-06-15

China is developing new energy sources by converting coal into diesel. The world's first coal to diesel conversion production line, in China's Inner Mongolia autonomous region, produced 8

6 China's steel mills utilisation rate falls for 3rd week on environmental checks 2018-06-12

Utilisation rate at steel blast furnaces across China fell for a third consecutive week last week as of June 8, data showed, as environmental inspections continued to weigh on operation at steel mills

7 Weekly China coal market news summary (Jun 11 – Jun 15) 2018-06-15

China to launch broader environmental inspections this month China will expand environmental inspections to more cities and regions in a new round of checks from this month to April next yea

8 CHN Energy reduces contract coal prices within 600 yuan/t, sources 2018-06-11

China Energy Investment Group, also known as CHN Energy, announced to control its monthly contract prices of thermal coal, media reported late June 8, in a way to cool down the overheated coal market.

9 China plans to create a $78 bln natural gas giant 2018-06-15

Together with its massive push to have more and more residential and industrial customers switch from coal to gas, China is aiming to overhaul the ownership of its huge gas pipeline network.

10 China's 20 large steel makers launch maintenance to improve environment 2018-06-14

A total 20 Chinese large steel makers have launched maintenances since June 11, said the Ministry of Ecology and Environment days earlier, in a move to strengthen environmental inspections at key poll