PGE to Spend $2.29b on Geothermal Projects (Jakarta Post)
Pertamina Geothermal (PGE) president director Adriansyah said the company would need to spend about $3.5 million per megawatt (MW) of electricity to be produced by eight new geothermal power plants. Thus, the total investment in the eight projects would reach $2.29 billion.
The eight power plant projects will give an additional capacity of 655 MW to Pertamina Geothermal, which at present produces 402 MW at its existing plants.
The projects include the development of 110 MW Ulubelu units three and four, 110 MW Lumut Balai units one and two, 110 MW Lumut Balai unit three, 440 MW Lahendong units five and six, 30 MW Karaha unit one, 35 MW Kamojang unit five, 110 MW Hululais units one and two as well as 110 MW Sunga Penuh units one and two.
Read More.....