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Indonesia,Japan : JAPAN'S SUMITOMO secures ULUBELU'S PERTAMINA'S project

August 16, 2014

Sumitomo announced that it won an engineering, procurement and construction (EPC) contract for Pertamina s geothermal power plant project in Lampung.

The 110 MW Ulubelu Geothermal Power plant will be constructed by Sumitomo with the company s local partner firm Rekayasa Industri.

The plant will comprise of 2 separate units, namely unit 3 and unit 4, as part of the largest geothermal plant complex in the area.

Construction of the units should be completed by July 2016 and July 2017.

The complex comprises of 2 geothermal plants with a combined capacity of 110 MW.

Pertamina secured $300 million in loans from the World Bank in 2012 to finance several geothermal projects, which include the Ulubelu plant.

Pertamina Geothermal Energy is a subsidiary of Pertamina, aims to increase its geothermal capacity to 847 MW by 2018.

Pertamina Geothermal s objective is to boost the generation capacity to 2,300 MW by 2025 as part of a mission to turn Pertamina into a regional energy champion. Indonesia exploits 5% of its 29,000 MW geothermal potential.

The government raised the selling price for electricity produced from geothermal power plants to 11.5 cents and 29 cents per kilowatt hour.

Indonesia hopes to have renewable energy of 23% of Indonesia s energy mix, with geothermal expected to contribute 12%.

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Source: TendersInfo (India)

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