Thursday, October 25, 2012

Indonesia:

GDF Suez Makes Power Play With Move to Jakarta (Jakarta Globe)

France-based GDF Suez, the world's largest private utility company, opened an office in Jakarta on Wednesday, marking the firm’s efforts to expand its business interests in Southeast Asia’s largest economy.

GDF is feeling bullish on the opportunities in renewable energy, especially in geothermal development, according to Willem Van Twembeke, chief executive of GDF Suez Energy Asia. Given the company’s extensive experience in renewable energy, he felt that GDF Suez “can be a leader in Indonesia’s geothermal business.”

The company has three joint geothermal projects in the pipeline: the Rajabasa project in Lampung, the Rantau Dedap project in South Sumatra and the Muara Laboh project in West Sumatra.

The three projects comprise exploration and drilling activities as well as the construction of power plants capable of generating a combined of 680 MWe.

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