W. Java geothermal plant to proceed (The Jakarta Post)
Publicly traded state construction company PT Wijaya Karya (WIKA) says it will proceed with a long delayed plan to build a 40 MWe geothermal power plant in West Java.
WIKA corporate secretary Natal Argawan said in Jakarta last week that the firm’s subsidiary Wijaya Karya Jabar Power secured a contract to build and operate a geothermal power plant in the Gunung Mas geothermal field in 2008, although project realization had been slow due to high financial risk.
“We are completing a seismic survey,” he told Kontan business daily. Drilling would start as soon as the survey was completed, he added.
In the first phase of development, which was expected to begin early next year, the company would drill two of seven targeted wells, each for an estimated cost of US$5 million, according to Natal.
“Hopefully, the drilling process will be complete in 2013. We will continue by building the power plant in the next phase. We expect the plant to start operations in 2015,” Natal said in a telephone interview.
Read More.....
