Indonesia: PGE Looking for Additional Investment to Complete 30 MW Karaha Geothermal Project

Pertamina Geothermal on its toes for PPA changes for 30 MW Karaha geothermal project (Asian Power)

Pertamina Geothermal Energy (PGE) is waiting for a final decision of amendments to a power purchase agreement with Perusahaan Listrik Negara (PLN) for its 30 MW Karaha geothermal project. Due to the massive investment required to make the project successful, Pertamina Geothermal is looking to increase the rate to $0.114/kWh.

According to the PGE website the project is located in WKP Karaha Cakrabuana in West Java Province, and is a continuation of development of the Karaha Bodas Project assigned by the Indonesian Government.

According to Pertamina Geothermal's director Khairul Rozaq, an USD 178m investment will be needed in order to produce the 30 MW from the project. These funds will be used for the upstream development of the project and to connect the plant to the 26 km-long transmission lines across 60 transmission towers.

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From the Global Geothermal News archives:

• Wednesday, December 27, 2017 - Indonesia: 30 MW Geothermal Power Plant in West Java Starts Operation