Generating sets, ancillary equipment and related services to a power plant in Indonesia
Delivery and installation of generating sets, ancillary equipment and related services to the Flexicycle power plant to be constructed and located in Lombok, West Nusa Tenggara, Indonesia.
A 135 MW gas-fired Flexicycle engine power plant is under construction in West Nusa Tenggara in Lombok, Indonesia, with Wärtsilä supplying the generator machinery, auxiliary equipment and related service deliveries and installation. Finnvera contributed EUR 74.3 million towards financing the power plant.
Environmental and social information about the project: Finnvera’s project review was related to the new gas-fired engine power plant. In Finnvera’s project review of environmental and social impacts, the most significant aspects were land acquisition for the power plant, employees’ rights and working conditions as well as impacts on the marine ecosystem: the power plant is located by the sea and, for instance, the fuel for the gas-fired plant is transported by ships.
Exporter: Wärtsilä Finland Oy, Finland
Suppliers: PT PP and PT Wärtsilä Indonesia, companies incorporated in Indonesia
Guarantee Holder: Mizuho Bank, Ltd
Arranger: Mizuho Bank, Ltd
Lender: Finnish Export Credit Ltd
Buyer and Borrower: PT Perusahaan Listrik Negara (Persero), a company incorporated in Indonesia.
Export transaction/Goods: delivery and installation of 13*20V34DF generating sets, ancillary equipment and related services to the 135 MW Flexicycle power plant to be constructed and located in Lombok, West Nusa Tenggara, Indonesia.
Country of Export transaction: Indonesia
Guaranteed amount: EUR 74.3 million
Credit period: 10 years
Project classification: B
Environmental and social impact information: Construction of a gas fuelled power plant. Main items of the E&S review were land acquisition, workers’rights and working conditions and impacts to the marine ecosystem.
International standards applied in benchmarking: IFC Performance Standards and relevant EHS Guidelines.
Contact point: environment (at) finnvera.fi
Information published: 16 June 2017
