Hasang Hydroelectric Plant
Sector: Commercial • Location: Indonesia
Source: World Bank Group
Hasang Hydroelectric Plant is a 39 MW (net) run-of-the-river power project, part of the Indonesian Fast Track Program Phase II, which aims to create 10 GW of additional generating capacity by 2019. The project will consist of three 13-megawatt generators located in northern Sumatra, the westernmost island of the Indonesian archipelago. The facility will be developed with private capital under a B
- Status
- Prospective
- Sector
- Commercial, Power Generation (CCGT), Hydro, Manufacturing (Industrial), Government
- Location
- Indonesia
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency |
Status
Original status | Active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Hasang Hydroelectric Plant is a 39 MW (net) run-of-the-river power project, part of the Indonesian Fast Track Program Phase II, which aims to create 10 GW of additional generating capacity by 2019. The project will consist of three 13-megawatt generators located in northern Sumatra, the westernmost island of the Indonesian archipelago. The facility will be developed with private capital under a Build-Own-Operate concession, in which LG International has a 95 per cent ownership, and Titan Group 5 per cent. PT Binsar Natorang Energi is the SPV created for the project. K-Sure and POSCO Engineering will participate as an O&M and EPC contractor, respectively. The financing is structured as 70:30 debt to equity. The $147.53 million debt financing comprises of four term B loans, provided by SMBC, KDB and Societe Generale. The loans mature on 30 September 2034. The deal reached financial close on October, 28 2016. https://ijglobal.com/data/transaction/37292/hasang-hydroelectric-power-plant-39mw-ppp https://www.kwater.or.kr/web/download/forum/20_SE.pdf |
Original sector | Energy |
Procurement method | |
Budget |
Location
Country | Indonesia |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Commercial, Power Generation (CCGT), Hydro, Manufacturing (Industrial), Government |
Article published date | 2024-06-06 |
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