Tuesday, August 1, 2017

Indonesia: 255 MW of Geothermal Power Projects to be Auctioned Next Month

Indonesia to Auction Off Geothermal Power Projects Worth $1b (Jakarta Globe)

(Courtesy CIA.gov)
The Indonesian government will auction off six geothermal projects worth $1.02 billion in September to expand Indonesia's renewable energy capacity as part of its plan to become the world's largest geothermal producer.

Local companies and foreign investors from the United States, Italy, Japan, South Korea, Turkey and China have expressed interest in the projects, which will have a combined capacity of 255 MW.

"This auction is quite attractive, but we have to wait for the result because the auction process usually takes four to five months," Yunus Saefulhak, geothermal director at the Ministry of Energy and Mineral Resources, said over the weekend.

The projects are

  • Kapahiang in Bengkulu with a capacity of 110 MW, 
  • Simbolon Samosir in North Sumatra with 110 MW, 
  • Borapulu in Central Sulawesi with 10 MW, 
  • Lamiding in North Maluku with 10 MW and 
  • Oka Ile Ange and Mount Sirung in East Nusa Tenggara with capacities of 10 MW and 5 MW, respectively.