Friday, March 24, 2017

Indonesia: 80 MW Muara Laboh Geothermal Power Project Begins Construction

Construction of Muara Laboh Geothermal Power Plant in Indonesia Commences (News Release)

Commercial operation is scheduled to commence in October 2019

Sumitomo Corporation, has been jointly engaged with PT. Supreme Energy, a private Indonesian geothermal power generation project developer, and Engie, a leading global energy company, for the development of the Muara Laboh geothermal power project located in the West Sumatra Province of Indonesia. 

Having met the required conditions precedent for project financing, the Project commenced construction on March 24, 2017.

Under a long-term power purchase agreement for 30 years with the project company PT. Supreme Energy Muara Laboh and PT. PLN (Persero), the Indonesian state-owned electricity utility, the Project will be able to offer a generation capacity of 80 megawatts. Total costs will amount to approximately 70 billion yen, and commercial operation is scheduled to commence in October 2019.