Pertamina, Optima consortium compete for Way Ratai geothermal area
Wednesday, March 16 2016 - 04:51 AM WIB
State-owned oil and gas firm PT Pertamina and a consortium of PT Optima Nusantara Energi and Enel Green Power S.p.A. have first passed the first round document evaluation in the bid for the Wai Ratai geothermal working area in Lampung.
This was announced by the Directorate General of New and Renewable Energy at the Ministry of Energy and Mineral Resources on Monday. No further details were provided by the directorate.
The 70,710-ha Way Ratai geothermal working area, which spans over Pesawaran, Tanggamus, and South Lampung regencies and Bandar Lampug city, has estimated reserves of 105 MW, and planned development capacity of 55 MW. Ceiling price for the project is set at 14.6 US cents per kWh, with commercial operate date target of 2022.
Editing by Reiner Simanjuntak