Electrical business is one of the company's business development that has
the potential to be developed. The needs of electricity become bigger because more
industries build in Indonesia and they are spread all over provinces. In answering
this challenges, providing the electricit y and its reliability, PLN has a limitation.
Base on regulatory framework and current condition analysis, Captive Power is
suitable in developing power business sector. This scheme require collaboration
with industrial estate developer.
Batam is the best potential for starting electricity business because it has a
lot of advantages. PT Citra Buana Perkasa is one of industrial estate in Batam that
have a high opportunity for PGN to start electricity business. This project
recommend Gas Engine to provide electricity from gas and Janbacher type 920 is
the best candidate for vendor gas engine.
Financial Analysis for the project is total Project Cost ( include
Development Cost, Initial Working Capital and Financing Cost ) :
USD21,635,775.00. Operating Cost divided into components :A Component : 2.10
cUSD/kWh, B Component : 0.47 cUSD/kWh, D Component : 0.1 cUSD/kWh, C
Component : 5.29 cUSD/kWh and total OPEX : 8.08 cUSD/kWh. Electricity Sale
Price : 5540.78 IDR/kWH ~ 11.33sUSD/kWh
Finansial Result are Internal Rate Return (IRR) : 11.52 %, Net Present
Value (NPV) 6,175,732.98, Pay Back Period (PP) 5 years.NPV, IRR and Payback
period (PP) show that this project is feasible under the circumstance assumption.







Confidential 7 December 2020
Supervisor: Feraldi W. Loeis