JAKARTA (RambuEnergy.com) – PT Supreme Energy Rantau Dedap has begun the drilling (spud-in) of a well, RD-13, in Rantau Dedap, South Sumatera as part of the development of Rantau Dedap geothermal power plant project (PLTPB), with a planned install capacity of 86 MW for the first phase.
President and CEO of Supreme Energy Supramu Santoso said in a statement that RD-13 is a development well, following the drilling of an injection well, drilled earlier.
“We are consistent to develop the portion of renewable energy for the security of sustainable energy,” he said.
At the same time, the company is now preparing to develop a power plant, that will be powered by steam from the wells.
The company plans to drill 16 wells in total, 14 of which will be production wells and 2 are injection wells.
The turbine is being developed in Japan. The geothermal power plant is expected to come online in 2020.
The company plans to invest up to US$700 million to develop the geothermal power plant. The project is funded by the Japan Bank of International Cooperation (JBIC), Asian Development Bank (ADB), Nippon Export and Investment Insurance (NEXI) and a number of international commercial banks. The loan has been signed in March this year, while power purchase agreement with PLN, the state utility company was signed back in 2012.
The total planned capacity of Rantau Dedap geothermal power plant is 220 MW, according to the energy ministry. The second phase, with expected capacity of 134 MW is scheduled to come online in 2025. (*)