Pertamina Geothermal Energy, a unit of state energy company Pertamina, is in the final phase of completing its geothermal power plant in Ulubelu, Lampung, a senior official said on Wednesday (20/07). (GA Photo/Mohammad Defrizal)
Pertamina's Ulubelu Geothermal Power Plant Near Completion
BY :SARAH YUNIARNI
JULY 21, 2016
Jakarta. Pertamina Geothermal Energy, a unit of state energy company Pertamina, is in the final phase of completing its geothermal power plant in Ulubelu, Lampung, a senior official said on Wednesday (20/07).
"The new unit will start operating in early 2017," Pertamina corporate communication vice president Wianda Pusponegoro told the Jakarta Globe. According to her, the new unit — the fourth in the massive power plant complex — is now 80 percent ready.
The third unit in the complex had begun operations on July 15, a month ahead of schedule. The 110-megawatt Ulubelu plant is one of the largest geothermal power plants in the country and costs a total of $397 million.
To pay for it, the company secured a $300 million loan from the World Bank. Pertamina aims to boost its geothermal power capacity from the current 402 MW to 847 MW by 2018.
Japanese trading house Sumitomo helped Pertamina with the engineering, procurement and construction (EPC) contract for the Ulubelu project, working together with local partner state-owned engineering firm Rekayasa Industri.
Indonesia wants renewable energy to make up 23 percent of Indonesia’s energy mix, with geothermal alone expected to contribute 12 percent to the total mix.