PLN Nusantara Power — Business Development Innovation

Turning Carbon Into
Fuel. At Scale.

MECH WIZ captures CO₂ from coal-fired power plants and converts it into premium e-methanol — a zero-capex opportunity for PLN NP, fully funded by strategic partners through a proven JVC model.

USD 15.4B
NPV @ 12% WACC
66.8%
Project IRR
500K ton
e-Methanol / Year
USD 0
CAPEX for PLN NP
Market Opportunity

A USD 68 Billion Market
With No Green Supply

Global methanol demand is structural and growing. The green premium is real. PLN NP sits on the feedstock everyone else must buy.

USD 68.1B

Total Addressable Market

Global methanol market at ~192 million ton/year. Shipping, chemicals, and energy sectors are mandating green alternatives with legal deadlines.

+USD 900/ton

Green Premium Over Grey

E-methanol commands USD 1,250/ton vs USD 350/ton for conventional methanol. The spread widens as carbon pricing tightens globally.

🏭

PLN NP's Unfair Advantage

22 coal-fired units across Indonesia produce over 50 million ton CO₂/year — feedstock that costs competitors hundreds of millions to source. For PLN NP, it exits the stack for free today.

🌊

Indonesia's Strategic Position

Deep-water port access, proximity to Japan/South Korea/Singapore demand centers, and established PLN infrastructure create a logistics advantage no greenfield project can replicate.

The MECH WIZ Model

CO₂ In. E-Methanol Out.
Revenue Shared.

A closed-loop carbon utilization ecosystem connecting PLN NP's existing assets with technology partners and global off-takers.

Input

CO₂ Capture

Post-combustion capture (PCC) units installed on existing PLTU stacks. 85% capture efficiency using proven amine-based technology. Zero disruption to power generation.

Feedstock: CO₂ + H₂O
Process

Green H₂ + Synthesis

Partner-funded electrolyzers produce green hydrogen on-site using PLN NP's grid connection. Catalytic methanol synthesis converts CO₂ + 3H₂ → CH₃OH + H₂O.

Reaction: CO₂ + 3H₂ → CH₃OH
Output

Revenue Distribution

E-methanol exported via existing PLN NP port infrastructure. Revenue split per JVC agreement. Carbon credits registered and sold. PLN NP earns from 6 distinct streams.

6 Revenue Streams
Financial Summary

Full-Stack Returns
With Zero CAPEX Exposure

Based on 500,000 ton/year production at WIZ Align (25% JVC). All capital provided by the technology partner.

Financial Metric
Value
Total Project CAPEX
USD 590 million
PLN NP CAPEX Contribution
USD 0
NPV @ 12% WACC
USD 15.4 billion
Project IRR
66.8%
Payback Period (from COD)
< 1 year
Commercial Operation Date
2030 (target)
Contract Duration
20 years
PLN NP Avg. Annual Revenue
USD 868 million
PLN NP Revenue Streams
USD 550M
H₂ Surplus
Dominant stream / year
USD 204M
E-Methanol JVC 25%
Per pilot unit / year
Rp 60B
Carbon Credit
IDX Carbon Market
+3 More
Land · Utilities · Port
Asset monetization
Comparable Revenue
MECH WIZ revenue from a single PLTU unit (~Rp 1.97 trillion/year) is equivalent to 100% of current electricity revenue from that unit — generated from CO₂ that today costs nothing and earns nothing.
Partnership Structures

Three Ways to Participate

MECH WIZ is structured to accommodate partners at every appetite for risk, ownership, and technology contribution.

Entry Point

WIZ Access

Zero Ownership · Zero Risk
  • Technology partner provides 100% CAPEX
  • PLN NP provides CO₂ feedstock + land + utilities
  • Fixed offtake fee per ton of e-methanol produced
  • No ownership stake, no downside exposure
Fee-Based
Revenue model
Recommended

WIZ Align

25% JVC · Shared Upside
  • PLN NP holds 25% in Joint Venture Company
  • Partner funds 100% of CAPEX (USD 590M)
  • PLN NP earns proportional JVC dividends + asset fees
  • IRR: 66.8% | Payback <1 year from COD
USD 868M/yr
PLN NP avg. revenue (full SOM)
Strategic

WIZ Augment

Majority Ownership
  • PLN NP holds majority stake (>50%) in JVC
  • PLN NP co-invests in electrolyzer & CCU infrastructure
  • Maximum long-term revenue upside
  • Suitable for strategic national energy security goals
Maximum
Long-term revenue upside
Pilot Asset Profile

PLTU Tenayan —
The Pilot Unit

Located in Pekanbaru, Riau. Certified emissions data from SUCOFINDO confirms over 440,000 ton/year CO₂ available as feedstock for Phase 1.

Unit Specification
Data Source
Plant Configuration
2 × 110 MW (coal)
Total Installed Capacity
220 MW
Stack Diameter
3.0 m (confirmed)
Stack Height
150 m
CO₂ Conc. — Stack #1
8.48% vol (wet)
CO₂ Conc. — Stack #2
3.54% vol (wet)
Total CO₂ Emission
440K ton/year
Capturable CO₂ (85%)
374K ton/year
E-Methanol Potential
163K ton/year
Regulatory Compliance
COMPLY — All parameters
Emissions Certification
SUCOFINDO, Feb 2026
CO₂ Feedstock Utilization — Phase 1 Pilot
Total CO₂ Emitted 440,000 ton/yr
Capturable (85% PCC) 374,000 ton/yr
Converted to e-Methanol 163,000 ton/yr
494
ton e-MeOH / day
Rp 3,566B
revenue / year (pilot)
~536 MW
electrolyzer needed
33%
of SOM target achieved
🔬
Scale-Up Pathway
Full 500K ton/year SOM target achieved by adding 3–4 additional PLTU units across PLN NP's 22-unit portfolio. Each unit adds ~160K ton/year e-methanol capacity.
Next Step

Ready to Invest in
Carbon-Negative Energy?

MECH WIZ is in active partner selection for the PLTU Tenayan Phase 1 pilot. We are seeking technology partners, offtake partners, and green hydrogen co-investors.

Project Lead
PT PLN Nusantara Power
Business Unit
UP Tenayan, Pekanbaru
Innovation Track
SPKI XXIX — 2026