The Asian Development Bank (ADB) has signed an agreement to provide a $175.3m loan to PT Supreme Energy Rantau Dadap (SERD) to support the second phase development of the company’s geothermal power project in South Sumatra, Indonesia.
The Rantau Dedap project is being developed by SERD, a joint venture between Indonesian geothermal power developer PT Supreme Energy, Japanese firms Marubeni and Tohoku Electric Power, as well as French utility Engie.
With the loan, the Rantau Dedap geothermal facilities are expected to generate more than 90 MW of electricity.
From the Global Geothermal News archives:
- Friday, March 23, 2018 - Indonesia: More Funding for 86 MW Rantau Dedap Geothermal Project
- Thursday, January 11, 2018 - Indonesia: Drilling of Wells at 86 MW Rantau Dedap Geothermal Project to Begin Mid-Year
- Tuesday, November 21, 2017 - Indonesia: PLN Signs PPA for 86 MW from Rantau Dedap Geothermal Power Plant
- Wednesday, February 5, 2014 - Indonesia: Drilling Begins for Rantau Dedap Geothermal Plant
