Alstom to Build 61m-Euro Geothermal Plant in Indonesia
FEBRUARY 11, 2015
Paris. Alstom will build a geothermal power plant in Indonesia under a 61 million euro ($69 million) deal with a subsidiary of Pertamina, the French industrial giant said on Wednesday.
The turnkey plant, to generate 30 megawatts, will be set up in Karaha, western Java.
Alstom will provide engineering, materials and construction in the project to be completed by the end of next year for Pertamina Geothermal Energy, Alstom said in a statement.
Indonesia, made up of thousands of islands stretching from the Indian to Pacific Oceans, is home to some 130 volcanoes and is estimated to hold around 40 percent of the world’s geothermal potential.
However, it produces only a tiny fraction of its energy by converting underground heat into electricity, lagging far behind others such as the United States and neighboring Philippines.
“We are delighted to play a key role in helping Indonesia achieve its energy goals,” said Steven Moss, Alstom’s vice president in charge of renewable steam plants.
“This installation reinforces Alstom’s continued commitment to the geothermal markets and the importance of this renewable fuel source,” he said.