Toshiba to acquire local firms to support geothermal business in Indonesia
To strengthen its position and support geothermal development in Indonesia, Japanese turbine producer and power house Toshiba is planning to acquire more local companies to grow its business.
Toshiba, one of the geothermal industry’s power houses in power plant technology, is looking at an expansion of its network to support geothermal development in Indonesia.
In conjunction with the recently closed Indonesian International Geothermal Convention & Exhibition, Toshiba confirmed its commitment to help the country reach its ambitious geothermal development goals.
“Toshiba has been supporting Indonesia for over 40 years and there are still so many ways to contribute, not only through energy solutions, but through the provision of infrastructure needed to support the rapid growth of Indonesia,” Toshiba Asia Pacific managing director, Tetsu Doko said.
Toshiba said that since 2011, it has been supplying and will continue to supply Indonesia with a combined capacity of up to 7,000 MW through 19 steam turbines units and 33 hydraulic turbine units.
Toshiba first acquired Envitech Perkasa, an engineering, procurement and construction company in 2011. To accelerate their goals, they established a local office in Indonesia in 2014. The company has now plans to expand its networking by acquiring more local companies to support Indonesia’s geothermal power station projects.
In July 2014, Toshiba secured a contract for the supply of 3×60 MW turbines for the Sarulla geothermal project in North Sumatra, Indonesia.