Winners of geothermal Ungaran released in March

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Winners of geothermal Ungaran released in March

Thursday, 04 February 2010 09:02

SEMARANG: Central Java provincial government announcement of the winning bidder to target power generation geothermal energy (geothermal) capacity of 50 MW in Ungaran at the end of March, was delayed 3 months from the original plan.
Head of Energy and Mineral Resources (ESDM) Java Teguh Dwi Paryono auction announcement suggests that the delay due to the new central government decides the lowest bid price (HPT) of electricity in December last year.

"The government decided on the HPT electricity Jateng U.S. $ 0,097. The rule is very good because it is usually in the range of U.S. $ 0.06," he explained yesterday.

Ensure that bidders who come after it emerged HPT decision amounted to a total of five companies of the country, among others, PT Golden Spike Energy Indonesia, PT Spring Energy Santosa, PT Bakrie Power and Medco Geothermal Indonesia.

"Initially there are eight registered companies. Two of them were killed by the administration because votes have not experienced in geothermal electricity. One other participant from the Philippines to withdraw," he explained.

According to him, after the winner was announced and then falling exploration permits, the next process is the exploration that takes up to 2 years and the permit can be extended again. Only later stage of exploitation of 35-year range.

He added that the tender winner to anticipate the future so as not to be missing work on a project valued at Rp1, 8 trillion, then it requires bidders to deposit a bank guarantee specific Rp100 million and the winner will have to add another Rp100 billion bank guarantee.

In addition the team will also be formed independent of the announcement to conduct a study of the financial side of the feasibility of the tender winner company. Involve elements of the tender committee Semarang regency, Kendal regency, Central Java provincial government, Ministry of Energy and Mineral Resources and academics from ITB.

Provincial Government is finalizing plans also offer a similar project at two locations namely in jars and Baturaden.

Based on the research while, geothermal potential in the jar reached 100 MW with an estimated initial investment Rp3, 6 trillion.

The potential is currently being surveyed PT Santosa Energy Spring, while in Baturaden conducted by PT Tri Energy. Baturaden WKP estimated to reach 185 MW.

Same with Ungaran second auction process is relatively complex project because it involves two pemkab, namely to Tegal and Pemalang Vases and Purbalingga and Banyumas Baturaden project.

"The geothermal power plants has a unique character that is difficult to ascertain their capacity. In addition, not necessarily maximum capacity can be achieved with a single drill investors," said Head of Soil and Water Office of Geothermal Energy and Mineral Resources Ahmad Gunawan Central Java.