{
    "success": true,
    "data": {
        "id": 9487,
        "msgid": "sarulla-geothermal-project-to-start-next-year-1205305224",
        "date": "2008-03-12 14:00:24",
        "title": "Sarulla geothermal project to start next year",
        "author": "",
        "source": "GOI",
        "tags": "business",
        "topic": null,
        "summary": "Construction of the 340-MW Sarulla geothermal power plant in Tapanuli, North Sumatra, will start in 2009, Asia Pulse reported Monday (3\/3\/08). First phase construction will be for a 110 MW capacity plant, said Hilmi Panigoro, president of PT Medci Energi Internasional, which owns the project jointly with Itochu Corp., Kyushu Electric Power Inc. and Ormat International Inc.",
        "content": "<p>Construction of the 340-MW Sarulla geothermal power plant in Tapanuli, North Sumatra, will start in 2009, Asia Pulse reported Monday (3\/3\/08).<\/p>\n<p>First phase construction will be for a 110 MW capacity plant, said Hilmi Panigoro, president of PT Medci Energi Internasional, which owns the project jointly with Itochu Corp., Kyushu Electric Power Inc. and Ormat International Inc.<\/p>\n<p>Construction of the entire project, which will cost around $800 million, will take around three years, Panigoro told the newspaper Investor Daily.<\/p>\n<p>Medco as the largest shareholder with 37.5% will set aside $90 million for the project, Panigoro said, adding financial closing will be in the last quarter of this year.<\/p>\n<p>The project could still be expanded to have a capacity of 1,000 MW with an estimated investment of $2.4 billion, he said.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/sarulla-geothermal-project-to-start-next-year-1205305224",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}