Ngebel Geothermal Project is a 165MW geothermal power project. It is planned in East Java, Indonesia. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in multiple phases. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2024. Buy the profile here.
The project is being developed and currently owned by Oakridge International and PT Bakrie Power. The company's ownership stake in the project stands as 65% and 35% respectively.
The geothermal site has in total 1 number of wells. Ngebel Geothermal Project will run at a temperature of 200 Degree Celsius.
The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2024.
Power purchase agreement
The power generated from the project will be sold to PT PLN (Persero) under a power purchase agreement at the rate of $0.12kWh.
For more details on Ngebel Geothermal Project, buy the profile here.
About Oakridge International
Oakridge International Ltd (Oakridge), formerly Xped Ltd, is an Internet of Things business that develops software and hardware solutions. It offers professional healthcare technology equipment and solutions to healthcare facilities. Oakridge provides communication solutions for hospitals, independent living, aged care, and disability care. The company offers nurse call, assistive technology, RTLS and CCTV and access control services. It also offers 24/7 support, software development, scheduled reporting, clinical workflow, networking, maintenance services. The company has interests in Sokoria, Ngebel, and Dairi prima geothermal projects in Indonesia and Puga geothermal project in India. It has business presence in India and Indonesia. Oakridge is headquartered in Melbourne, Victoria, Australia.