Pongkeru is a 90MW hydro power project. It is planned on pongkeru river/basin in South Sulawesi, Indonesia. The project is currently in announced stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in 2023.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Hydropower | 90 | – | 90 | Announced | South Sulawesi, Indonesia | Hyundai Engineering; Korea Midland Power; POSCO Engineering & Construction; PT Sulindo Putra Timur |
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Description
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The project is being developed and currently owned by Hyundai Engineering, Korea Midland Power, POSCO Engineering & Construction and PT Sulindo Putra Timur. The company’s ownership stake in the project stands as 60% respectively.
The project cost is expected to be around $203.594m.
The hydro power project consists of 2 turbines, each with 25MW nameplate capacity.
Development Status
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By GlobalDataPost completion of the construction, the project is expected to get commissioned in 2023.
About Hyundai Engineering
Hyundai Engineering Co Ltd (HEC), is a construction company that offers engineering services. The company provides feasibility studies, procurement, project management, maintenance, operations, construction, and infrastructure projects construction services. It offers global asset management, building construction, property management, and purchasing, leasing, and selling consultation services. HEC constructs and develops processing plants, environmental, infrastructure, power and energy plant, residential, commercial, sports, hospital, cultural, and educational buildings and facilities. The company’s activities include design, procuring, commissioning and construction solutions. It operates in South Korea, Tunisia, Turkmenistan, Algeria, India, the UAE, Vietnam, Kazakhstan, Pakistan, Cambodia, and the US. HEC is headquartered in Seoul, South Korea.
About Korea Midland Power
Korea Midland Power Co., Ltd. (Komipo), a subsidiary of Korea Electric Power Corporation, is an electric utility which generates electricity; operates power plants; and provides various energy services. The company produces electricity from bituminous coal, anthracite coal, liquefied natural gas, solar, heavy oil, hydro, and wind sources. It owns and operates steam, internal combustion and combined cycle thermal power generation, pumped-storage, and renewable energy power plants. Komipo offers EPC management, consulting, education and training program, power plant operation and maintenance, and technical exchange program services. The company serves in domestic and overseas regions; and has plants in Boryeong, Incheon, Cheonan, Yeosu, Chungbuk. Komipo is headquartered in Boryeong-si, Chungcheongnam-do, South Korea.
About POSCO Engineering & Construction
POSCO Engineering & Construction Co Ltd (POSCO E&C), a subsidiary of POSCO, is a provider of construction and engineering services. POSCO E&C offers services such as business planning to design, procurement, construction and operation. The company executes the construction of steel plants, environmental plants, power plants, mining and industrial plants, urban development, chemical plants and building works projects. POSCO E&C carries out civil works for roads, railways, harbors, land development and hydroelectric power projects. The company has operations in various countries across Asia, South America, the Middle East and Europe. The company is headquartered in Pohang-si, South Korea.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
