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Pertamina to partner with Chevron and Star Energy on project development

Reported today, PT Pertamina Geothermal Energy (PGE), Chevron Geothermal Indonesia Ltd and Star Energy Geothermal Pte Ltd have signed principles of (an) agreement (PoA) to develop six geothermal power plants in Indonesia.

“As reported the agreement was signed on Tuesday this week. “With the PoA, all sides have agreed to cooperate to develop a financial model and work schedule for the geothermal projects,” PGE spokesman Hendi Suhendi said in an interview.

He said four of the six projects — Hululai, Tambang Sawah, Sungai Penuh and Semurup — will be developed in cooperation with Chevron.

Star Energy will develop units 1, 2 and 3 of the Karaha Bodas geothermal power plant, he added.  “Chevron and Star Energy were earlier PGEs joint operation contract partners,” he noted.

Star Energy was PGEs joint operation partner for the Wayang Windu project, while Chevron was the partner for the Gunung Salak and Darajat projects, Hendi said.

The Hululais project in Bengkulu, the Sungai Penuh project in Jambi and the Karaha Bodas project in West Java are part of the second phase of the fast track program (FTP-2), he pointed out.

According to Energy and Mineral Resources Ministry Regulation No. 21/2013, the Hululais project will have a capacity of 2×55 MW, while the Sungai Penuh project will have a capacity of 2×55 MW. Unit 1 of the Karaha Bodas project will have a capacity of 30 MW, while units 2 and 3 will have a capacity of 55 MW each.

The FTP-2 projects cover 76 units with a combined capacity of 17,918 MW. Seventeen units with a capacity of 5,749 MW will be developed by state electricity company PLN, while 59 units with a capacity of 12,169 MW will be developed by independent power producers (IPP).

Unit 1 of the Patuha geothermal power plant, with a capacity of 55 MW in West Java, is expected to become the first FTP-2 project to start operations.”

Source: Antara News

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