Star Energy, EDC Indonesia may win geothermal projects
Saturday, December 17 2016 - 02:28 AM WIB
The directorate also announced that based on recent evaluation process, PT EDC Indonesia has passed the first bidding round for the Graho Nyabu geothermal working area in Jambi Province, and will move to the second bidding round.
The directorate said in a statement that other bidders which have objection to the evaluation results of the first bidding stage can file for complaint with the tender committee between December 19 and 23.
The tender for the two projects is conducted in two stages:
1. First stage is a prequalification to shortlist participants based on financial and technical aspects.
2. Second stage is to select winner based on lowest power price offering and conformity with work program and exploration commitment.
Following is description of the two geothermal projects.
Working area: Graho Nyabu
Location: Merangin and Kerinci regencies in Jambi province.
Area Size: 109,000 Ha
Estimated reserve: 200 MW
Estimated geothermometer: 236?C
Development capacity plan: 110 MW
Development scheme: Total Project
Ceiling price: 15.9 US cents per kWh (based on the energy and mineral resources ministry?s regulation (Permen ESDM) No.17/2014).
Commercial Operation Date (COD) target: 2025
Working area: Gunung Hamiding
Location: North Halmahera, North Maluku province.
Area size: 42,100 Ha
Estimated reserve: 265 MW
Estimated geothermometer: 250?-300?C
Development capacity plan: 20 MW
Development scheme: Total Project
Ceiling price: 22.6 US cents per kWh (based on the energy and mineral resources ministry?s regulation (Permen ESDM) No.17/2014).
Commercial Operation Date (COD) target: 2024.
Editing by Reiner Simanjuntak