Pertamina and PLN tussle to reach PPA for Lumut Balai plant

It will be commercially operational by the end of this year and so far, no agreement has been reached.

Pertamina Geothermal Energy and PLN continue to lock horns over an adapted price for power fromt he 55MW Lumut Balai geothermal power plant.

The facility is expected to go online later this year, but both parties have not settled for a power purchase agreement.

The price of electricity that was previously agreed upon is US$0.116/kWh, but PLN requested a review as it deemed the price too high.

The government has asked PLN and Pertamina to immediately discuss the price of electricity sold from geothermal power plants