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Sales and Purchase Contracts were Signed

As reported, there were signed 8 sales and purchase contracts for geothermal power and steam today in the presence of Vice President Jusuf Kalla and Energy and Mineral Resources Minister Sudirman Said.

Antara News launchs, the signatories include President Director of PT Pertamina Geothermal Energy Irfan Zainuddin, President Director of PT PLN (Persero) Sofyan Basir, President Director of PT Indonesia Power Antonius Resep Tyas, President Director of PT Supreme Energy Muara Laboh Supramu Santosa, and President Director of Star Energy Geothermal Wayang Windu Ltd Rudy Suparman.

The agreement on amendment to the contracts included for the sales and purchase prices of geothermal steam of PLTP Kamojang in West Java from its units 1, 2, and 3. Amendment to the contracts on the price of geothermal power include geothermal power from PLKTP Kamojang Unit 4 which has a capacity of 60 MW and from unit 5 which has a capacity of 35 MW.

Amendments were also made to contracts for sales and purchase price of geothermal steam from PLTP Lahendong Units 1, 2, 3, and 4 in North Sulawesi each with a capacity of 20 MW , geothermal power from PLTP Muara Laboh with a capacity of 220 MW in West Java, and from PLTP Wayang Windu Unit 1 with a capacity of 110 MW and unit 2 with a capacity of 117 MW in West Java.

Meanwhile, PT Pertamina and the Center for the study and application of technology BPPT) signed an agreement on study and application of technology on geothermal energy. The agreement was signed by Pertamina’s Upstream Director Syamsu Alam and BPPT chief Unggul Priyanto.

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Geothermal Work in Indonesia

PGE President Director Irfan Zainuddin said the amended prices of 6 U.S. cents per kWh of geothermal steam and 9.4 U.S. cent per kWh of geothermal power are fairly good. “With those prices , we are optimistic , utilization of geothermal energy would increase rapidly and would significantly reduce emission of carbon dioxide,” he said. PGE predicted that the countrys geothermal power plants would have a total generating capacity of 1,922 MW in 2019, up to 2,300 MW in 2025, and to 2,700 MW in 2030. Currently the total capacity is only 1,437 MW.

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One thought on “Sales and Purchase Contracts were Signed Today

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