, Indonesia

PLN, Supreme Energy amend PPA for Rantau Dedap geothermal project

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.
 

Join Asian Power community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

India issues 1,870 MW renewable energy tenders in November
Major investments fuel hybrid projects and battery storage, stabilising India's grid.
Sri Lanka secures $100m loan for power sector reform
Unbundling the CEB boosts financial sustainability and opens the door for renewables.
Solar profitability rises 9% in Southeast Asia with battery integration
Stable policies and foreign investment are vital to unlock the region's solar potential.
ADB approves $650m loan to accelerate India's solar deployment
Policy reforms and loans will remove financial barriers to solar installation.