Indonesia:

330 MW Sarulla Geothermal Project to Begin Construction in June (The Business Times)

Indonesia will begin construction next month of its long-delayed US$1.6-billion 330 MW Sarulla project, the world's biggest geothermal power plant, the country's chief economic minister said on Wednesday.

The Japan Bank for International Cooperation, the Asian Development Bank and six commercial banks provided the Sarulla project financing, which was announced on March 28, 2014. Ormat holds a 12.75% equity stake in the project, with other equity participants being Medco, Itochu and Kyushu.

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