Marubeni to build RI power plants

Marubeni to build RI power plants

TOKYO: Japan's Marubeni Corp. will jointly develop geothermal power plants in Indonesia with state-run oil firms from Indonesia and the Philippines, a leading Japanese financial daily reported on Thursday.

According to the Nihon Keizai Shimbun, feasibility studies are planned for three prospective geothermal plant sites, and construction could begin as early as next year.

Marubeni has signed a memorandum on the project with Indonesia's Pertamina and Philippine National Oil Co., the report said.

Marubeni is already running geothermal power plants in the Philippines and Costa Rica. --DPA