Power - Indonesia

Sengkang Power Plant 


The First Independently Owned Gas-fired Power Station in Indonesia

Ownership
  • 95% owned by EWC through PTES
  • 5% is owned by an Indonesian company as required by law
Proven Track Record
  • Commissioned in September 1997 – on time and on budget
  • Management team has led the project since construction (over 10 years of successful operating history)
Production
  • Comprised of a combined cycle plant and auxiliary facilities
  • Production capacity: 135 MW (current) + 60 MW (Sep 2008)
Operation and Maintenance
  • Contracted to Alstom Indonesia since November 1996

 


Availability Factor Consistently Exceeded Agreed Level in PPA (85%)

Fiscal year ended 30 June
Plant Output
Plant Availability Factor
2009
1,389 GWh
92.0%
2008
1,116 GWh
96.3%
2007
1,041 GWh
87.1%
Average
1,182 GWh
91.8%
 
> 85%


Revenue Stream

Long-term Contract
  • Operates under a long-term, take-or-pay Power Purchase Agreement until 2022
State-owned Counterparty
  • PT PLN, which is the Indonesian state-owned electricity supplier
Take-or-pay Arrangement in the Contract
  • Two principal components in the tariff: capacity payment and energy payment – PLN is obliged to make capacity payments regardless of actual energy output
Attractive Future Growth Potential
  • 60MW expansion project expected to commence operation from September 2008
  • Approved expansion of 120MW


Summary of Our Power Operations

 
Service Commencement Date
Plant Capacity
EWC’s Ownership
Off-taker
PPA Term End
Sengkang Power Plant
1997/98
135 MW
95%
PLN
September 2022
2008
60 MW