ITOCHU announces commercial operation of third unit

ITOCHU Corporation (ITOCHU) has announced the commercial operation of the third unit in the Sarulla Geothermal IPP Project.

Since the bidding for the concession of the Project conducted by Indonesia’s state-owned electric power company (PLN) in 2004, as well as the conclusion of the energy sales contract with PLN in 2007, ITOCHU has been involved in the development of the Project with other shareholding partners for a long time. With the commencement of the commercial operation of the third unit, the entire power plant as planned by the Project has commenced commercial operation with a total capacity of approximately 330MW, which is equivalent to the power consumption of approximately 2.1M households in Indonesia.

Indonesia holds the world’s largest amount of geothermal resources, and the country positions geothermal energy as its strategic power source. ITOCHU is exploring the possibility of the expansion of this Project in the future, as it is expected that further geothermal resources for power generation could be developed in the Sarulla area.

Including this project, the total overseas and domestic renewable energy-based power generating capacity handled by ITOCHU has now reached 2,000MW. Through this project, ITOCHU will provide a stable supply of electric power in Indonesia while actively promoting power generation projects that utilize low-emission, renewable energy sources such as geothermal and wind power.

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