Auction announced for 110 MW Graho Nyabu project, Indonesia
Mt Kerinci from Kayuaro, Jambi/ Indonesia (source: flickr/ WahyuS, creative commons)
Alexander Richter
28 Sep 2016
Beside the recently announced auction for the 20 MW Gunung Hamibing project, Indonesian EBTKE is now also announcing an auction for the 110 MW Graho Nyabu project in Jambi province.
We reported this week on the pre-qualification for a tender for the 20 MW geothermal project at Gunung Hamibing in North Malaku. Now, another project site is about to be set up for auction.
Both projects are worth a total $420 million and will be offered by the government towards reaching renewable energy goals, so ministry representatives.
Beside the Gunung Hamibing project, the other project is the 110 MW Graho Nyabu plant in Jambi. This site covers an area of 109,000 hectares and has an estimated reserve of 200 megawatts.
Yunus Saefulhak, director of geothermal services at the Ministry of Energy and Mineral Resources, said investors can submit their offers by Oct. 20.
Benchmark prices offered for Graho Nyabu geothermal block is capped at $0.159/ kWh and the targeted commercial operation date is 2025.
An additional two projects are being prepared for auction, the 20 MW Marana project in South Sulawesi and the 65 MW Gunung Talang-Bukit Kili project in West Sumatra.
According to the ministry, 25 more projects with a total capacity of approximately 1,500 megawatts will be auctioned by 2018.
Since the law passed two years ago, the government has only auctioned the 165-megawatt Gunung Lawu on the border of East and Central Java, and the 55-megawatt Way Ratai in Lampung. The first project was won by state-owned energy company Pertamina, while the second by Enel Green Power, an Italian multinational renewable-energy corporation, and a local firm Optima Nusantara Energi.
By 2025, Indonesia wants to reach the capacity of 7,000 megawatts from geothermal power plants. Currently, the capacity is only 1,404 megawatts.
The tender details for the Graho Nyabu plant can be found here (pdf)
Source: The Jakarta Globe, EBTKE
