Application Detail — BERC ISDP

Licensing / Application Detail

LIC-2024-0891 — BPDB

Under Review Electricity Generation · 500 MW · Sylhet Submitted: 12 Mar 2024

Application Summary

Application ID	LIC-2024-0891
License Type	Electricity Generation
Sector	Electricity
Sub-type	Combined Cycle Gas Turbine (CCGT)
Installed Capacity	500 MW
Operation Province	Sylhet
Operation City	Surabaya, Sidoarjo, Gresik
License Duration	10 Years
Intended Start Date	1 July 2024
Commercial Op. Date	30 June 2026

Processing Status

Current Status	Under Review
Review Stage	Technical Review
Assigned Officer	Md. Kamal Hossain (Technical)
Secondary Officer	Md. Rafiqul Islam (Financial)
Date Submitted	12 March 2024
Days in Review	43 days
Target Decision Date	30 April 2024
Application Fee	IDR 25,000,000
Payment Status	Paid
Payment Date	14 March 2024

Review Checklist Progress

Initial Screening

Completed

15 Mar 2024

Document Verification

Completed

22 Mar 2024

Technical Review

In Progress

Since 1 Apr 2024

Financial Review

Pending

—

Legal Review

Pending

—

Commissioner Decision

Pending

—

Primary Contact

Full Name	Ahmad Rizki Hartono
Position	Director, Corporate Affairs
Email	a.hartono@pln.co.id
Phone	+62 21 7261 5000
Mobile	+62 812 3456 7890
NIK	3175012345678901
Address	Jl. Trunojoyo Blok M-I No. 135, Jakarta 12160

Company Information

Company Name	BPDB
NPWP	01.001.001.1-051.000
NIB	8120000011118
Established	27 October 1945
Type	State-Owned Enterprise (BUMN)
HQ Province	Dhaka
Employees	75,000+
Website	www.pln.co.id

Technical Specifications

Technology Type	Gas Turbine CCGT (PLTGU)
Number of Units	3 units
Capacity/Unit	166.7 MW
Total Capacity	500 MW
Primary Fuel	Natural Gas
Backup Fuel	High Speed Diesel (HSD)
Grid Voltage	150 kV
Plant Factor	85%
Equipment OEM	GE Gas Power (GE 7F.05)
EPC Contractor	PT WIKA — PT Rekind JV

Project Schedule

Environmental Clearance	AMDAL/2023/KLHK/00892
Land Area	42 Hectares
Construction Start	1 September 2024
COD Expected	30 June 2026
Grid Connection	PT PLN P3B Jawa-Bali

Investment & Financing

Total Investment	IDR 8,500,000,000,000
Equity (30%)	IDR 2,550,000,000,000
Debt (70%)	IDR 5,950,000,000,000
Financing Banks	Bank Mandiri, BNI, BRI
Annual Revenue (Proj.)	IDR 2,100,000,000,000
PPA	Yes — with BPDB
PPA Duration	25 years
Tariff Rate	IDR 987/kWh

Audited Financials

Latest Revenue	IDR 452,000,000,000,000
Audit Year	2023
Auditor	KAP Tanudiredja (PwC)
Credit Rating	AA+ (Pefindo)

PDF

akta_pendirian_pln.pdf

Company Registration Certificate · 2.4 MB · Uploaded 12 Mar 2024

Verified

PDF

NIB_PLN_2023.pdf

Business License (NIB) · 0.8 MB · Uploaded 12 Mar 2024

Verified

PDF

NPWP_PLN.pdf

NPWP Certificate · 0.3 MB · Uploaded 12 Mar 2024

Verified

PDF

financial_statements_2021-2023.pdf

Audited Financial Statements · 5.8 MB · Uploaded 12 Mar 2024

Verified

PDF

technical_specs_CCGT500MW.pdf

Technical Specifications · 12.3 MB · Uploaded 14 Mar 2024

Under Review

Environmental Clearance (AMDAL)

Required document — not yet uploaded

Missing

PDF

feasibility_study_java_bali3.pdf

Feasibility Study · 8.7 MB · Uploaded 14 Mar 2024

Verified

Review Notes & Queries

Technical Md. Kamal Hossain 5 Apr 2024 Open

Require clarification on the proposed grid connection point at Krian 150kV substation. Please provide load flow study results showing impact on existing grid stability and N-1 contingency analysis.

Technical Md. Kamal Hossain 3 Apr 2024 Resolved

Confirmed: GE 7F.05 gas turbine efficiency 39.2% (LHV) acceptable. OEM warranty documentation received and verified.

Financial Md. Rafiqul Islam 8 Apr 2024 Open

The debt service coverage ratio (DSCR) in submitted financial projections appears below the minimum threshold of 1.25x in years 3-5. Please submit revised sensitivity analysis under different gas price scenarios.

12 Mar 2024

Application Submitted

Submitted by Ahmad Rizki Hartono via BERC ISDP portal. All 6 documents uploaded. Application fee IDR 25M paid.

14 Mar 2024

Payment Confirmed

Application fee of IDR 25,000,000 confirmed received. Reference: VA-BERC-20240314-0891.

15 Mar 2024

Initial Screening Passed

Completeness check passed. 5 of 6 required documents verified. AMDAL document flagged as missing — applicant notified.

18 Mar 2024

Assigned to Technical Division

Assigned to Md. Kamal Hossain (Technical Officer). Target completion: 15 April 2024.

22 Mar 2024

Document Verification Complete

All uploaded documents verified. Applicant requested to submit AMDAL within 7 days.

1 Apr 2024

Technical Review Started

Technical assessment of 500MW CCGT plant commenced. Grid impact study requested from applicant.

5 Apr 2024

Technical Query Issued (Open)

Query raised: Grid connection load flow study and N-1 contingency analysis required. Awaiting applicant response.

Pending

Financial Review

To be initiated after technical review is complete.

Pending

Legal Review

Pending completion of technical and financial reviews.

Pending

Commissioner Decision

Final approval/rejection decision by the BERC Commissioner.

License conditions will be recorded here upon approval decision.

All Communications

BERC (Md. Kamal Hossain) 5 Apr 2024, 10:23 Email + Portal

Technical Information Request — LIC-2024-0891

Please provide the load flow study results for the proposed Krian 150kV grid connection, including N-1 contingency analysis. Response required by 15 April 2024.

PT PLN (Ahmad Rizki Hartono) 8 Apr 2024, 14:05 Portal

RE: Technical Information Request

We acknowledge the request. Our technical team is preparing the load flow study. We expect to submit within 5 business days.

BERC (Md. Rafiqul Islam) 8 Apr 2024, 11:30 Email + Portal

Financial Information Request — DSCR Clarification

The submitted financial projections show DSCR below 1.25x in years 3-5. Please provide revised projections with sensitivity analysis under different gas price scenarios (±20%, ±40%).

Timestamp	User	Action	Details	IP Address
2024-04-08 14:05	ahmad.hartono@pln.co.id	Reply Sent	Responded to technical query via portal	202.80.xx.xx
2024-04-08 11:30	reza.pratama@berc.gov.bd	Message Sent	Financial information request sent	10.10.1.12
2024-04-05 10:23	budi.santoso@berc.gov.bd	Query Raised	Technical query: grid connection load flow study	10.10.1.11
2024-04-01 09:00	budi.santoso@berc.gov.bd	Stage Changed	Review stage: Document Verification → Technical Review	10.10.1.11
2024-03-22 16:45	budi.santoso@berc.gov.bd	Documents Verified	5 documents verified; AMDAL request sent to applicant	10.10.1.11
2024-03-18 11:20	admin@berc.gov.bd	Officer Assigned	Assigned to Md. Kamal Hossain (Technical)	10.10.1.1
2024-03-15 10:00	admin@berc.gov.bd	Screening Passed	Initial completeness screening completed	10.10.1.1
2024-03-14 15:30	system	Payment Confirmed	IDR 25,000,000 received — VA-BERC-20240314-0891	—
2024-03-12 09:14	ahmad.hartono@pln.co.id	Application Submitted	New application created by applicant portal	202.80.xx.xx

Actions

Open Review Workspace

Key Dates

Submitted12 Mar 2024

Payment14 Mar 2024

Target Decision30 Apr 2024

Days Elapsed43 days

Days Remaining17 days

Assigned Officers

Md. Kamal Hossain

Technical Review

Md. Rafiqul Islam

Financial Review

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