Market Brief
Supreme Energy's Geothermal Project in Lampung, Indonesia, Faces More Delays, an Industrial Info Market Brief
PT Supreme Energy's construction of a geothermal power plant in Lampung is facing delays related to disputes with PT PLN (Persero) over the sale of, and purchase price for, electricity
Released Thursday, August 15, 2019
PT Supreme Energy's construction of a geothermal power plant in Lampung, Indonesia, is facing delays related to disputes with PT PLN (Persero) over the sale of, and purchase price for, electricity. As designed, the plant would generate up to 220 megawatts (MW).
The deadline is now past for a power-purchase agreement (PPA) with PLN, and exploration for the geothermal plant has yet to begin. Supreme Energy plans to drill two minor and one major production wells.
PT Supreme Energy is requesting another extension for the PPA deadline. The project also has faced delays in land acquisition and licensing for the two-year forestry permit.
Click here for a list of geothermal projects in Indonesia, and see map below.
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