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Project Updates PT. Supreme Energy Rajabasa

In 2014, SERB focused on engineering design related to Jetty construction, piping systems, sea water facilities, pumping facilities, and facilities for the supply of electricity generators. SERB has proactively conducted social and legal approach in order to improve situation and condition in the field. The construction activity of jetty began in early 2015 and was completed by the end of 2015.

Infrastructure works in 2019 were focusing on asset recovery due to the impact of the Sunda Strait Tsunami disaster that occurred at the end of 2018. On August 2019, SERB had received notification of approval for the application of insurance claims to related parties and conducting an engineering survey of the existing structure. SERB appointed a contractor to carry out asset recovery activities such as a special terminal (jetty) and supporting facilities. Construction activities for jetty reconstruction area and debris removal has been commenced on September 2019, for seven (7) months estimated work time. Exploration activities will be commenced after amendment of the Power Purchase Agreement signed.

In early 2021, SERB seeks the opportunity to use Geothermal Fund under Geothermal Resources Risk Mitigation (GREM) program in partnership with PT Sarana Multi Infrastruktur (Persero) to finance the exploration phase. Geothermal Resources Risk Mitigation (GREM) program is carried out to accelerate renewable energy development in Indonesia and to promote sustainable development in energy sector.

Throughout 2022, started pre-exploration phase. An on going PPA Agreement with PLN (Persero) and a granted suspension for one (1) year of temporary geothermal exploration. By December 2022 a series of SQUID TEM survey was conducted.


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