Tue, 30 Mar 2010

TEMPO Interactive, Mumbai:The Biggest Utility Sector Company from India, Tata Power, has revealed its interest in investing in geothermal power plants (PLTP) in Indonesia.

In the short term, Tata Power is targeting a production potential of up until 1,500 MW.

Some time ago, the Department of Energy and Mineral Resources issued a list of 92 projects to be build in the second stage of the acceleration program.

The state power company PLN will develop 21 power plants.

Meanwhile 71 other projects will be developed in cooperation with private companies.

The Indonesian government is targeting electricity production of 9500 MW from geothermal resources in 2025.

“Tata Power has participated in the tender for the Sonik Merapi project in North Sumatra, in cooperation with a local company, PT Supraco and plans to participate in various upcoming big tenders,” said the Executive Director of Tata Power Banawali Agarwala, as quoted by the Indian business and financial website, mydigitalfc, on Monday (28/3).

The Sonik Merapi is projected for an initial capacity of 55 MW, and will gradually increase to 200 MW.

The value of the project is around US$ 2-3 million per MW.