The 86MW project can now move forward after five years of little progress.
The 86MW Randau Dedap geothermal project in Indonesia can finally carry on as an amendment to the current power purchase agreement has been signed. It is being co-developed by PT Supreme Energy, Marubeni, and Storengy.
The PPA amendment includes tariff adjustment as exploration and feasibility studies proved that the capacity to be generated is suffiecient to build a power plant with up to 86MW capacity. The existing PPA has been signed in 2012, but there has not been much progress since the signing due to tariff issues.
“The signing indicates that the Government is flexible and accommodative of new renewable energy The agreement on the price of electricity for Rantau Dedap is also a good faith of the Government for the development of geothermal,” said SERD President & CEO Supramu Santoso in a press release.
Rantau Dedap project is expected to start operation by 2021.
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