PT MEDCO POWER INDONESIA
BUSINESS OVERVIEW
BUSINESS OVERVIEW INDEPENDENT POWER PRODUCER
POWER PLANT SERVICES
Thermal Energy Electricity Generation
Renewable Energy Electricity Generation Hydro & Geothermal
Operations & Maintenance Services
2
3
MPI Portfolio COMMITTED PROJECTS
OPERATING ASSETS IPP
Fuel Type
MW
MEB Combine Cycle
Gas
85
DEB Combine Cycle
Gas
85
TM 2500
Gas
20
ELB Simple Cycle
Gas
76
EPE
Gas
12
MPE
Gas
12
Singa
Gas
7
TOTAL CAPACITY
297
COD
MW
ELB Combined Cycle
2020
40
4 Mini Hydro
2017 ‐ 2019
40
Sarulla Geothermal
2017 ‐ 2018
330
Ijen Geothermal
2021 ‐ 2022
110
2021
275
CCPP Riau TOTAL
O&M Services Coal Fired TJBPS Geothermal Sarulla MEB‐PLN Batam scattered Total Capacity
IPP
Coal
1320
Geothermal
330
Gas
500 2150
300 MW Operating Asset + 795 MW asset under construction 2150 MW 3rd party O&M business
795
MPI Working Area TM2500 Gas 75 MW (O&M) Duri 2016
Riau CCPP 275 MW Riau 2021
MEB Gas 85 MW Batam Island 2004 DEB Gas 85 MW Batam Island 2006
TM2500 Gas 75 MW (O&M) Paya Pasir 2016
TM2500 Gas 20 MW Batam Island 2007
Sarulla Geothermal 330 MW North Sumatera 2016-2018
ELB Gas 76 MW Batam Island 2015 TM2500 Gas 100 MW (O&M) Pontianak 2016
TJBPS Coal 1320 MW (O&M) Central Java 2006
TM2500 Gas 25 MW (O&M) Nias Island 2016
TM2500 Gas 50 & 25 MW (O&M) Bangka - Belitung 2016
NES Mini Hydro 8 MW West Sumatera 2019
EPE Gas 12 MW South Sumatera 2006 MPE Gas 12 MW South Sumatera 2008 Singa Gas 7 MW South Sumatera 2010
Sarulla Geothermal 330 MW (O&M) North Sumatera 2016
Ijen Geothermal 110 MW East Java 2020-2021 TM2500 Gas 50 MW (O&M) Lombok 2016
TM2500 Gas 100 MW (O&M) Lampung 2016
BJI Mini Hydro 9 MW West Java 2016 PPP Mini Hydro 9 MW West Java 2017
Own & operate by MPI 3rd party power plant operate by MPI
SHB Mini Hydro 13 MW West Java 2019
4
4
OPERATING ASSETS - IPP
Mitra Energi Batam (MEB) Panaran, Batam
Dalle Energy Batam (DEB) Panaran, Batam
TM 2500 Panaran, Batam
ELB Tanjung Uncang, Batam
PPA to 2034 Natural‐gas‐fueled Combined Cycle (Rolls‐Royce Aero‐ Derivative RB211) Cap 85MW
PPA to 2025 Natural‐gas‐fueled Combined Cycle (Rolls‐Royce Aero‐ Derivative RB211.) Total Cap 85 MW
Back up unit Natural‐gas‐fueled General Electrics’ Truck Mounted Derivative. Cap 20 MW
PPA to 2036 Natural‐gas‐fueled Simple Cycle (GE Frame 6 B). Total Cap 76 MW
Energi Prima Elektrika Prabumulih, S. Sumatra
Multidaya Prima Elektrindo Sako, S. Sumatra
Singa Palembang, S. Sumatra
PPA to 2026 Natural‐gas‐fueled Wartsilla 18V 34 SG Gas Engine. Cap 12 MW
PPA to 2028 Natural‐gas‐fueled Wartsilla 18V 34 SG Gas Engine. Cap 12MW
PPA to 2017 Natural‐gas‐fueled Turbomach Gas Turbine Cap 7 MW
UNDER CONSTRUCTION PROJECTS
BJI – Mini Hydro 9 MW West Java • Construction progress: 86% • COD expected in 2017
Sarulla – Geothermal 330 MW North Sumatera • In process of commissioning unit 1 110 MW • COD expected in 2017 – 2018
Riau – Gas Fired Combined Cycle 275 MW Riau • PPA negotiation process, expected signing by Q1 2017 • COD expected in 2021
Ijen – Geothermal 110 MW East Java • In process of slim hole drilling • COD expected in 2021-2022
General Investor Concern
Resiko Proyek dan Investor Return (IRR) : • Required return (IRR Proyek) tergantung dari besarnya resiko. Semakin besar resiko suatu proyek
maka akan semakin besar pula profit
yang diharapkan
proyek tersebut.
• Untuk mendapatkan harga yang lebih ekonomis, adalah bagaimana kita bisa menurunkan resiko tersebut. • Kemudahan perizinan • Kemudahan pengadaan tanah
Resiko Pembangkit Listrik Tenaga Gas
• Mismatch antara periode GSA (Gas Supply Agreement ) dan PPA (Power Purchase Agreement) • Sampel untuk beberapa kasus di anak perusahaan PT Medco Power Indonesia : IPP
Location
Gas Volume
GSA Expired
PPA Expired
MEB
Batam
13.2 mmscfd
2019
2034
DEB
Batam
14.5 mmscfd
2019
2025
ELB
Batam
24 mmscfd
2019
2036
MPE
South Sumatera
2 mmscfd
2018
2028
EPE
South Sumatera
2 mmscfd
2019
2026
Resiko Geothermal
Resiko Eksplorasi / Sub ‐ Surface • Setelah Pengeboran eksplorasi selesai baru diketahui feasibility dari proyek, antara lain : • Besaran Reserve / Cadangan Panas Bumi • Biaya Produksi • Resource Parameter : Fluid pH, Temperature & H2S
Resiko Sumber Daya Manusia • Sebagai negara dengan potensial reserve terbesar di dunia, kita memiliki sedikit expert/expertise di bidang geothermal • Di negara lain ternyata expert/expertise yang ada juga sangat terbatas
THANK YOU
