Karadeniz Onur Sultan Powership
Sector: Power Generation (CCGT) • Location: Indonesia
Source: World Bank Group
The project entails the development of a powership called Karadeniz Onur Sultan operating in Medan, Sumatra, Indonesia. The ship can run both on natural gas (NG)/LNG and heavy fuel oil. The total capacity of the project is 240 MW.
The project company is Karpowership Indonesia 14. Sponsor is Karpowership International. Offtaker is PT Perusanah Listrik Negara (Persero) (National Electricity Compan
- Status
- Prospective
- Sector
- Power Generation (CCGT), LNG, Natural Gas, Oil and Gas, Seaport, Education, 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 | The project entails the development of a powership called Karadeniz Onur Sultan operating in Medan, Sumatra, Indonesia. The ship can run both on natural gas (NG)/LNG and heavy fuel oil. The total capacity of the project is 240 MW. The project company is Karpowership Indonesia 14. Sponsor is Karpowership International. Offtaker is PT Perusanah Listrik Negara (Persero) (National Electricity Company). Legal adviser is Clifford Chance. Financing comprises a $250m term loan arranged by Bank of America Merill Lynch, Standard Chartered Bank. Facility agent is Standard Chartered Bank. Financial close occurred on 15 February 2018. WB Library Files |
Original sector | Energy |
Budget |
Location
Country | Indonesia |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Power Generation (CCGT), LNG, Natural Gas, Oil and Gas, Seaport, Education, Government |
Article published date | 2024-09-23 |
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