SERD, which is owned by Marubeni, ENGIE S.A., PT. Supreme Energy, and Tohoku Electric Power Co., Inc., has constructed a 98.4MW power plant in South Sumatra Province of Indonesia, and all the generated power from the plant will be dispatched to PT. PLN (Persero) under a 30-year power purchase agreement.
The government of Indonesia, according to its electricity supply business plan, intends to increase renewable energy up to 23 per cent by 2025. Furthermore, with its goal to diversify its power generation sources, Indonesia is focusing on further development of its abundant geothermal resources.
Through this Project, Marubeni will strive to contribute to the supply of stable electricity in Indonesia, and with its extensive experience will further expand its business in the renewable energy sector.