Cirebon Steam Power Plant
The Cirebon Steam Power Plant is a 660 MW coal-fired power plant developed by PT Cirebon Electric Power in the Kanci area to the southeast of Cirebon, Indonesia.
History
The first unit of the plant was launched in mid October 2012. The reported cost of the plant was around $US 850 million. Construction began in 2008 and was substantially completed, a little behind time, in mid-2012. Sales from the plant to the Indonesian state-owned electricity company Perusahaan Listrik Negara began on .Like other IPPs in Indonesia, the plant will sell the electricity produced to the PLN at an agreed feed-in tariff price. The initial agreed rate was reported to be US 4.43 cents per kWh although, because of high coal prices, it was reported that the PLN would adjust the purchase price upwards to US 5.2 cents per kWh.
It is reported that there are tentative plans to extend the Cirebon plant later with the installation of another 1,000 MW costing around $US 1.2 - 1.3 billion.
In 2015, South Korean companies Hyundai Engineering & Construction and Hyundai Engineering won the contract for the Cirebon 2 1,000MW CFPP project worth $727 million. The main contents of the project are to build a 1,000MW coal-fired power plant and a 500kV transmission line along the coastline of Java, and expand the substation. As the construction supervisor, Hyundai Engineering & Construction was responsible for installing supplementary equipment and boilers, and civil engineering works.
On November 14, 2022, the Asian Development Bank signed a memorandum of understanding to jointly explore the early retirement of the Cirebon Unit 1. This agreement was reached at the 2022 G20 Bali summit alongside the Indonesia Just Energy Transition Partnership.