Updated on 7 August 2026
PLN Four Gas-Fired Power Projects (PLTMG) Across Indonesia
President Director at PT PLN Indonesia Power
Indonesia
About
PLN is developing four gas-fired power projects (PLTMG) across Indonesia to strengthen regional grid reliability and reduce production costs.
PLTMG Bali (Pesanggaran), 200 MW – Located at the UBP Pesanggaran development site, evacuating power through the 150 kV Pesanggaran GIS. Targeted for COD in 2026 under the RUPTL 2025–2034, this self-development (full equity) project is valued at approximately US$320.4 million and uses 3.45 hectares of Pelindo land under a signed cooperation agreement. At a 42% capacity factor, it is projected to generate 735,840 MWh annually, with an 18-month construction period and a 20-year useful life.
PLTMG Nias 2 and Nias 3, 25 MW – Sited in Humene Village, Gunung Sitoli, Nias Island, North Sumatra, interconnecting to the Gunung Sitoli 70 kV substation. Targeted for COD in 2027, funded through self-development with a 70:30 DER scheme, valued at roughly US$72 million. Requiring 1.53 ha of land, the plant is expected to produce 100,740 MWh in its first year at a 46% capacity factor.
PLTMG Minahasa, 150 MW – Located in Wineru Village, East Likupang, North Minahasa Regency, North Sulawesi (~16 ha land requirement), connecting to the Likupang 150 kV substation within the North Sulawesi–Gorontalo grid. Phased COD of 100 MW in 2026 and 50 MW in 2027, self-funded (full equity) at approximately US$217.5 million. First-year output is projected at 365,000 MWh (41.7% capacity factor), with a 24-month construction period.
PLTMG Timika 2, 40 MW – Situated in Pomako Village, East Mimika, Central Papua, adjacent to the existing PLTMG Timika 10 MW facility, interconnecting via the Pomako 150 kV substation. This dual-fuel (LNG/biodiesel) project addresses growing demand and reserve margin needs in the Timika system, targeting 2026 COD with a total value of approximately Rp1.92 trillion. Feasibility studies are complete and EPC procurement is underway, with projected annual output of 262.8 GWh at 75% capacity factor.
Project Location
- Indonesia
Project Website
https://www.plnindonesiapower.co.id/
Project Format
- Public-Private Partnership Project
Go Global Project
- Yes
ESG (Environmental, Social, and Governance)
- Yes
Project Stage
- Operations
Main Project Sector
- Energy and Natural Resources
Energy and Natural Resources
- Oil & Gas
Interested Format of Cooperation
- Direct Equity Investment
- Joint Venture
Preferred Financing Model
- Equity
- Open for negotiation
Type(s) of Last Financing Round of the project (if Applicable)
- Equity (private)
Main Service(s) Required
- Environmental Services
- Financial Services
- Information Technology Services
- Infrastructure Services
Environmental Services
- Environmental Engineering
- Green Building Solutions & Services
- Resource Recycling
Financial Services
- Commercial Banking
- Investment Banking
- Private Equity & Venture Capital
- Private Banking
Similar opportunities
Project
- No
- Yes
- Debt
- Equity
- EPC / Turnkey
- Waste To Energy
- Equity (private)
- Financial Services
- Commercial Banking
- Open for negotiation
- Open for Negotiation
- Majority Shareholdings
- 50,000,001 USD or above
- 50,000,001 USD or above
- Direct Equity Investment
- Energy and Natural Resources
- Private Equity & Venture Capital
- Investment / Financing Discussion
- Public-Private Partnership Project
Kosit Fuangswasdi
Director at Thachang Green Energy Public Company Limited
Thailand
Project
Data Center at Nazarbayev University Science & Technology Park
- Yes
- Yes
- Data Centre
- Construction
- Private Project
- Public Utilities
- Energy Management
- Financial Services
- ICT And Data Center
- Open for negotiation
- Open for Negotiation
- Environmental Services
- Advisory & Consultancy
- Architectural Services
- 50,000,001 USD or above
- 50,000,001 USD or above
- Infrastructure Services
- Building & Construction
- Construction Engineering
- Government & Public Funding
- Infrastructure & Town Planning
- Information Technology Services
- Private Equity & Venture Capital
- Green Building Solutions & Services
- Infrastructure & Utility Investment
Anuar Amanzholov
Advisor to the Chairman of the Board at Nazarbayev University Science & Technology Park
Kazakhstan
Project
Tokenization of AI-Optimized Renewable Infrastructure Assets to Accelerate Transition Financing
- Yes
- Yes
- Equity
- Oil & Gas
- Solar Energy
- Biomass Energy
- Energy Storage
- Hydrogen Energy
- Equity (private)
- Financial Services
- Hydroelectric Energy
- Other Renewable Energy
- Environmental Services
- 50,000,001 USD or above
- Infrastructure Services
- Direct Equity Investment
- 7,500,001 to 10,000,000 USD
- Energy and Natural Resources
- Investment / Financing Discussion
- Public-Private Partnership Project
Alex Chua
Business Advisor at HedgeSPA Private Limited
Singapore