The OBI Ferronickel Project is 600MW coal fired power project. It is planned in North Maluku, Indonesia. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in multiple phases. The project construction is likely to commence in 2025 and is expected to enter into commercial operation in 2026. Buy the profile here.
Description
The project is being developed and currently owned by Ningbo Lygend Mining and PT Harita Group. The owners have 50% stake in the project respectively.
It is a Steam Turbine power plant.
The project cost is expected to be around $791.16m.
The Coal fired project consists of 4 steam turbines, each with 150MW nameplate capacity.
Development status
The project construction is expected to commence from 2025. Subsequent to that it will enter into commercial operation by 2026.
Contractors involved
Powerchina Jiangxi Electric Power Construction is expected to render engineering procurement construction services for the coal fired power project.
For more details on OBI Ferronickel Project, buy the profile here.
About Ningbo Lygend Mining
Ningbo Lygend Mining Co Ltd (Ningbo Lygend ) focuses on the production of nckel and cobalt. It is headquartered in China.
About PT Harita Group
PT Harita Group (Harita Group) is a business conglomerate specializes in palm oil plantations, mining and smelters. It is headquartered in Indonesia.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
