| Project Detail |
Project Name
Muara Laboh Geothermal Power Project Stage 2
Project Number
57311-001
Borrower / Company
PT Supreme Energy Muara Laboh
Country / Economy
Indonesia
Location
South Solok Regency
The project will (i) develop geothermal steam resources through production and injection facilities in the Liki Pinangawan Muara Laboh concession area; and (ii) construct, operate, and maintain of a new 82.7 megawatt (MW) net capacity geothermal power plant. The new plant will operate in conjunction with the existing power plant financed by ADB. The two plants will aggregate to a total net capacity of 168.7 MW.
Objectives and Scope
ADBs assistance will support Indonesias Nationally Determined Contribution targets under the Paris Agreement to reach net-zero carbon emissions by 2060 and increase the share of renewable energy in total generation to 24.8% of total generation capacity by 2030, a target set by PLN, the national power utility. Additionally, supporting geothermal project contributes to these targets given Indonesia has the worlds largest geothermal energy potential.
Linkage to Country/Regional Strategy
The project is consistent with ADBs Strategy 2030, and supports the following operational priorities (OPs): (i) OP1: addressing remaining poverty and reducing inequalities; (ii) OP2: accelerating progress in gender equality; and (iii) OP3: tackling climate change, building climate and disaster resilience, and enhancing environmental sustainability. The project also aligns with the following strategies under ADBs country partnership strategy for Indonesia, 2020-2024: (i) strengthening resilience through climate change mitigation activities, and (ii) leveraging private sector investment and participation. |
