Three firms have entered into a joint venture agreement for the development of the Rantau Dedap geothermal project in South Sumatra, Indonesia.
The three companies, International Power, PT Supreme Energy and Marubeni Corporation will develop the project as part of the Indonesian government’s ‘accelerated electricity development programme’.
The programme aims to develop 4,000 MW of geothermal energy as part of its second 10,000 MW accelerated electricity development program between 2010 and 2015 and to develop 9,500 MW of geothermal energy by 2025.
International Power is one of the leading power developers in Indonesia with 1,280MW of operating assets and 815MW of capacity under construction.
Indonesia has an estimated resource capacity of 28,000 MW of geothermal energy in Indonesia, though currently only around 1,200 MW is installed.