A consortium comprising Tata Power has secured a geothermal power project in
Indonesia.
The consortium which also includes Australian company Origin Energy
and PT Supraco Indonesia will set up the 240 MW Sorik Marapi plant in Northern
Sumatra.
The project will be developed by PT Sorik Marapi Geothermal Power, a special
purpose vehicle formed by the consortium in which Tata and Origin Energy have
47.50 per cent stake each while PT Supraco has five per cent.
The consortium will undertake a detailed exploration programme over the next
18 months. The project is expected to commence generation in June 2015.