JAKARTA - The Inpex Corporation energy company through its Inpex Geothermal Ltd business unit. announced that it has officially joined the Rantau Dedap geothermal project.

In his statement, Inpex management said that it had purchased 27.4 percent of shares in the operator PT Supreme Energy Rantau Dedap (SERD) owned by ENGIE.

"Inpex announced today that it has joined the Rantau Dedap Geothermal Geothermal Power Plant Project through Inpex Geothermal, a subsidiary that was founded with the aim of carrying out a geothermal operation business," the management wrote in a statement quoted on Tuesday, November 1.

Just so you know, currently the Rantau Dedap Geothermal Power Plant (PLTP) operates commercially with a capacity of 98.4 Mega Watt (MW) or equivalent to the consumption of 450,000 households of electricity in Sumatra, every year.

Regarding the joining of Inpex to the Rantau Dedap PLTP Project, it has been confirmed by the President and CEO of Supreme Energy, Nisriyanto.

He said his party welcomed the entry of the Inpex Corporation into the joint venture.

"With a wide and long background in the oil and gas sector in Indonesia, this will also strengthen the synergy of shareholders to support current generation operations and the development of Supreme Energy projects on the next occasion," he said.

The Rantau Dedap geothermal project is located in South Sumatra. The project was worked on by the ENGIE consortium, Marubeni Corporation, Tohoku Electric Power Co., Inc. and PT Supreme Energy through SERD, a company that operates the Rantau Dedap geothermal project.


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