PT Supreme Energy Muara Laboh (SEML), a joint venture of PT Supreme Energy, ENGIE and Sumitomo Corporation, has officiated the operation of geothermal power plant, PLTP Muara Laboh Phase I, with an installed capacity of 85 MW.
The much-awatied geothermal power plant has the capacity to supply electricity to 340,000 households through the power grid system of state-owned electricity company PT Perusahaan Listrik Negara (PLN), Founder and Chairman of PT Supreme Energy, Supramu Santosa, said.
The inauguration ceremony was held on Feb 17 to mark the operation of the power plant. The ceremony was attended by West Sumatera governor Irwan Prayitno, Acting Regent of Solok Selatan Regency, Abdul Rahman, top executives of ENGIE, Sumitomo Corporation as well as representatives of lenders that support the project, namely Japan Bank for International Cooperation (JBIC), Asian Development Bank (ADB), NEXI, Mizuho, SMBC and MUFG
Supreme Energy have invested around US$600 million in developing the geothermal power plant, about $450 million of which came from the above lenders.
Supramu said following the operation of the phase I, the JV company will immediately develop phase II of the geothermal power plant. He, however, did not provide further details.
PT Supreme Energy is an emerging new player in the country’s geothermal energy developer. The company is also developing PLTP Rantau Dedap with capacity of 90 MW, which is projected to start commercial operation at end of 2020.
PLTP Rantau Dedap is developed by its unit PT Supreme Energy Rantau Dedap (SERD) with total investment of around US$700 million. (*)