K&M was engaged by US DOE to conduct a comprehensive review of potential application of clean coal power generation technologies in China, India and Indonesia. K&M did a detailed analysis of these three markets to assess specific opportunities, barriers to meeting the opportunities, and options for addressing those barriers. K&M used the information gathered from these three countries to evaluate changes influencing or creating new opportunities for deployment of US clean coal technology advanced power systems.

K&M was engaged by private investor to perform a capital cost comparison (EPC) of the Paiton 1, Units 7&8 power plant with a similar Plant in the same region. Paiton 1 consists of 2×670 MW coal-fired units producing 1230 MW of net electric power. The Plant is located in East Java, Indonesia and became operational in the year 1999.

K&M served as lead advisor to Indonesia’s national electric utility, PT Perusahaan Listrik Negara (PLN), in renegotiating its IPP contracts. This effort was directed at reducing the significant financial burden that PLN faced in the aftermath of the Asian financial crisis, whilst trying to maintain investor confidence in the sector. The renegotiations also had to assure investors that they would not lose their investment, but would receive lower returns. After a detailed analysis of the terms and costs of project agreements for 28 IPPs with a total capacity of more than 11,091 MW (coal, geothermal, gas, diesel and hydro), K&M developed a renegotiation strategy and plan, and then supported PLN through the negotiation of project agreements with each developer. The renegotiations were successfully completed and PLN saved millions of dollars.

K&M served as the Lead Technical Advisor to the International Finance Corporation (IFC) for the tendering of a 2,000 MW ultra-supercritical coal-fired power plant on behalf of Perusahaan Listrik Negara (PLN), the national electric power company of Indonesia. The Central Java IPP transaction was structured as a Build-Own-Operate-Transfer (BOOT) and it was the first PPP power project under Indonesia’s new PPP law. K&M provided full technical advisory services to IFC in support of the transaction, including the following: electricity market forecast, high-level technical design specifications, technical inputs for project contracts including the EPC contract and the PPA, assistance with pre-qualification and bid evaluation criteria, and support for bid evaluation and negotiation. K&M supported the competitive tendering process to select the winning bidder, and the project agreements were signed in 2012. The project reached financial close in June 2016 for US$4.3 billion.