Tentang Perusahaan

Deskripsi Perusahaan

Located 40 km south of Bandung in West Java, Wayang Windu Power Generation is operated by Star Energy Geothermal (Wayang Windu) Limited a wholly owned subsidiary of Star Energy. It is managed under a Joint Operation Contract with Pertamina to develop geothermal resources within the 12,960 hectare contract area. An Energy Sales Agreement between Star Energy, Pertamina and PLN, a state owned utility company, gives Star Energy the right to develop up to 400 MW of electricity - generating capacity over a period of 42 years, with each generating unit being scheduled to operate for at least 30 years. The JOC has the potential to ultimately deliver more than the already-contracted 400 MW of base load electricity to power hungry West Java.

Planning is now well advanced to expand Wayang Windu further, through the addition of a third Unit with generation capacity of 127 MW. Unit 3 should be on stream by mid-2014. In February 2010, Star Energy finalized a US$350 million bond issue, the proceeds from which will be used partly to fund the initial drilling and development work for Unit 3, with that worth due to commerce in the middle of 2010, using a drilling rig designed and built to Star Energy Geothermal specifications.

Truly, a world-class renewable energy facility, being operated to world class standards, Wayang Windu delivers real benefit to all Star Energy stakeholders.

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