PLN signs PPA for Ungaran geothermal project
Wednesday, December 26 2012 - 01:38 PM WIB
State utility PT Perusahaan Listrik Negara (PLN) signed on Wednesday the power purchase agreement (PPA) for the geothermal power plant (PLTP) Ungaran in Central Java.
The PPA was signed by Nur Pamudji, President Director of PLN, and Maher Algadri, President Director of PT Giri Indah Sejahtera, the developer of the Ungaran geothermal power plant, which has a generation capacity of 1x55 megawatt (MW).
?By signing this PPA, we?ve shown our commitment to engage in cooperations with other investors who want to develop geothermal power plants in Indonesia. We hope that the developer will soon start the construction of the Ungaran geothermal power plant,? said Nur Pamudji.
Editing by Benget Besalicto Tnb.