Aug 13, 2014 - Japanese trader Sumitomo Corp (TYO:8316) said today it had received an order as part of a consortium to build two 55-MW geothermal power generation units in Indonesia’s Lampung Province.
More specifically, the geothermal arm of Indonesian energy company PT Pertamina has granted an engineering, procurement and construction (EPC) contract for Units 3 and 4 at the Ulubelu geothermal power station to Sumitomo and PT Rekayasa Industri. The Japanese trading firm completed the first two 55-MW units at the plant in 2012.
The primary equipment, such as the steam turbines and the power generators, will be manufactured by Japanese company Fuji Electric Co Ltd (TYO:6504). Rekayasa will be responsible for installing the units.
Sumitomo noted that Unit 3 will be completed in 23 months, Unit 4 in 33 months. As a result, the entire project is seen to be over in May 2017. The World Bank is funding the scheme with a loan.
In its statement, Sumitomo noted that the project is part of Indonesia’s efforts to add some 9,500 MW of geothermal capacity by 2025. The Japanese company also noted it has been involved in nearly 800 MW of Indonesian geothermal projects so far.
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