EDC Eyes Graho Nyabu Geothermal Project, Star Energy Bid Gunung Hamiding (Jakarta Globe)
Energy Development Corporation (EDC) and Star Energy are in the running to snatch two geothermal projects in Indonesia, after the projects drew little interest from other competitors.
EDC was the sole bidder in last month's auction for the 110 MW Graho Nyabu power plant in Jambi, Yunus Saefulhak, director of geothermal services at the Ministry of Energy and Mineral Resources, said on Wednesday.
Star Energy was also the only company bidding for the 20 MW Gunung Hamiding power plant in North Maluku.
According to regulations, the ministry must conduct another auction for the projects. However, "If there's still only one bidder, then [the company] would be directly appointed," Yunus said.