President Joko Widodo of Indonesia inaugurates three geothermal plants by Pertamina Geothermal Energy

President Joko Widodo of Indonesia inaugurates three geothermal plants by
Pertamina Geothermal Energy

Earlier this week, the President of Indonesia, Joko "Jokowi" Widodo
inaugurated three geothermal power plants by state-owned Pertamina
Geothermal Energy.

The plants represent an investment of more than USD 500 million.

The plants inaugurated, include the geothermal plant of Lahendong Unit 5 and
6 with a capacity of 2 x 20 MW in Tompaso, North Sulawesi. With an
investment cost of USD 245 million, construction for the project started in
July 2015. The third plant inaugurated was the Ulubelu Unit 3 geothermal
power plant with an installed capacity of 1 x 55 MW in Tanggamus, Lampung.
The investment cost for the plant was $208 million and also started in July
2015.

Jokowi said Indonesia had vast geothermal power plant potential, which
reached 29,000 MW. "Only 5 percent of the total potential has been utilized,
which is still very small. The remaining 95 percent must be utilized. We are
targeting to utilize 7,500 MW of our geothermal power plant potentials,"
said Jokowi during the inauguration of the new power plants in Manado.

Lahendong Unit 5 was finished in September 2016, while Unit 6 was completed
this month, despite an initial target of December 2016 and June 2017
respectively. The Ulubelu Unit 3 plant was scheduled to start operation in
August this year, but started operations a month earlier.

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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com