15 hours ago
Indonesia's geothermal push buoyed by Sumitomo-backed expansion plan
Energy
Jakarta aims to triple nation's capacity with eye on energy self-sufficiency
A company backed by Japan's Sumitomo Corp. is increasing generation capacity at a geothermal plant in West Sumatra. (Photo by Tomoyoshi Oshikiri)
TOMOYOSHI OSHIKIRI
JAKARTA -- Geothermal power development is heating up in Indonesia, as local and Japanese companies boost plant capacity amid government plans to improve energy self-sufficiency by capitalizing on the world's second-largest geothermal reserves.
Supreme Energy Muara Laboh -- in which Japanese trading house Sumitomo Corp. and oil company Inpex hold 50% and 30% stakes, respectively -- operates a geothermal plant in the mountains five hours from Padang, a city in West Sumatra province.
