PT Huadian Bukit Asam Power

What PT Huadian Bukit Asam Power does

PT Huadian Bukit Asam Power (HBAP) is an Indonesian Independent Power Producer incorporated as a private limited company (PT) and headquartered at DBS Bank Tower in Jakarta, with its operating asset — the 2x660 MW (1,320 MW total) supercritical coal-fired power plant known as PLTU MT Sumatera Selatan-8 (PLTU Sumsel-8), located in Tanjung Lalang, Muara Enim, South Sumatra. The plant is designated a National Strategic Project and is equipped with Flue Gas Desulphurization (FGD) technology for emissions control. HBAP is a joint venture between China Huadian and PT Bukit Asam (Tbk), an Indonesian state-owned coal mining company, combining Chinese supercritical power engineering with Indonesian coal feedstock access and state utility alignment.

The company's product portfolio consists of baseload electricity generation delivered exclusively to PT PLN (Persero), the Indonesian state electricity utility, under a long-term Power Purchase Agreement; electricity is fed directly into the national grid. Pricing is contract-confidential rather than publicly disclosed, consistent with IPP PPA economics in Indonesia. HBAP has recorded more than 1,000 accident-free days since Commercial Operation Date, holds the Zero Accident Award from the South Sumatra Provincial Manpower Office, and has earned recognition at the HR Asia Best Companies to Work for in Asia 2026 and the Listrik Indonesia Award 2026.

HBAP's commercial footprint is single-asset and single-customer, with revenue mechanics fully dependent on dispatch decisions made by PLN's national dispatch center and on the contracted tariff under its PPA. Management is led by Direktur Utama Chen Xingyu, with Hageng Suryo Nugroho as Komisaris Utama, Dody Arsadian as Wakil Direktur Utama, Mia Monasari as HR & General Affairs Director, and Gusti Anggara as Site General Manager. Expansion signals center on Unit #2 commissioning progression (NDC Test Unit #1 completed) and the JV's positioning for additional Indonesian IPP capacity.

Name

PT Huadian Bukit Asam Power

Legal name

PT Huadian Bukit Asam Power

Website

https://hbap.co.id

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

51–100 employees

Short description

PT Huadian Bukit Asam Power is an Indonesian Independent Power Producer operating the 1,320 MW supercritical coal-fired PLTU Sumsel-8 plant in South Sumatra, selling baseload electricity to PLN under a long-term PPA as a joint venture between China Huadian and state-owned PT Bukit Asam.

Ownership category

akta.pro rank

Product category

Power Generation Services

NAICS

Fossil Fuel Electric Power Generation (221112), Electric Power Generation (22111)

SIC

Electric Services (4911)

akta.pro primary industry

Thermal Power Plant O&M (Coal, Gas, Oil) (EUAEAGAA)

Keywords

• Coal-fired power generation
• Independent power producer
• Supercritical power plant
• Electricity generation services
• Flue gas desulfurization

Headquarters

HQ city

Dki Jakarta

HQ country

Indonesia

HQ region

Asia

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D

Distribution channels1 record

Marketing channels4 records

Core offering

PT Huadian Bukit Asam Power (HBAP) operates the PLTU MT Sumatera Selatan-8 (PLTU Sumsel-8), a 2x660 MW (1,320 MW total) supercritical coal-fired power plant located in Tanjung Lalang, Muara Enim, South Sumatra, Indonesia. The plant is equipped with Flue Gas Desulphurization (FGD) technology to reduce sulfur emissions. As an Independent Power Producer (IPP), HBAP generates and sells electricity exclusively to PLN (Perusahaan Listrik Negara), Indonesia's state electricity company, under long-term Power Purchase Agreements (PPAs).

Product overview

PT Huadian Bukit Asam Power (HBAP) operates coal-fired power generation facilities in Indonesia. The company's primary product portfolio consists of the PLTU MT Sumatera-8 2x660 MW supercritical power plant, which is a major National Strategic Project equipped with environmentally-friendly Flue Gas Desulphurization (FGD) technology, and the PLTU Tanjung Lalang power plant.

Differentiator

Problem solved

Functional benefit

Products and services

• PLTU MT Sumatera Selatan-8 (PLTU Sumsel-8 / PLTU Tanjung Lalang) 2x660 MW Power Generation Supercritical coal-fired power generation with total installed capacity of 2x660 MW (1,320 MW), equipped with Flue Gas Desulphurization (FGD) technology for environmental compliance. Electricity output is supplied to PLN for the Indonesian national grid.

Quantifiable outcome

• Over 1,000 days without workplace accidents since Commercial Operation Date (COD)
• +1 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• China Huadian Corporation: HBAP's parent company and one of China's five major state-owned power generators. Comparable as a broad incumbent in coal and thermal power generation with extensive operating expertise that HBAP leverages through the JV.

Regional players

• PT Adaro Energy Indonesia: Indonesian integrated coal miner and power producer with IPP interests. Comparable as an Indonesian player operating across coal mining and power generation, intersecting with HBAP's vertical coal-to-power model.

Others

• PT PLN (Persero): Indonesia's state-owned electricity company and HBAP's sole off-taker. Comparable as the buyer/grid operator that defines the PPA economics, dispatch priority, and revenue certainty for HBAP and all Indonesian coal IPPs.
• PT Bukit Asam (Tbk): HBAP's other parent company and one of Indonesia's largest state-owned coal producers. Comparable as the fuel-supply ecosystem partner and strategic shareholder in HBAP, providing coal feedstock integration into the power value chain.

Emerging players

• PT Indika Energy: Indonesian diversified energy group with power generation subsidiaries operating coal and renewable assets. Comparable as an Indonesian owner-operator of coal-fired IPPs selling into PLN with overlapping market dynamics.

Direct peers

• PT Bhumi Jati Power: Indonesian IPP developing and operating supercritical coal-fired generation projects under PLN PPA, with similar JV characteristics. Comparable as a next-generation Indonesian coal IPP with long-term off-take arrangements.
• PT Paiton Energy: Indonesian Independent Power Producer operating large coal-fired generation assets under long-term PPAs with PLN. Directly comparable to HBAP as a coal IPP with similar single-offtaker structure and similar plant scale.
• PT Jawa Power: Indonesian IPP operating coal-fired generation capacity selling electricity to PLN under a long-term PPA. Closely comparable in business model (coal IPP, PLN PPA, JV with foreign partner) and operational profile to HBAP.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/pt-huadian-bukit-asam-power

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about PT Huadian Bukit Asam Power