| Contract area (block) | Project status | Venture Company (established) | Generation capacity | Interest owned |
|---|---|---|---|---|
| Rajabasa Geothermal Power Project | Under exploration | INPEX GEOTHERMAL, LTD. (May 26, 2021) |
220MW (estimation) |
*
Initial investment ratio upon participation
|
INPEX is participating in the Rajabasa Geothermal Project in the Republic of Indonesia through our subsidiary INPEX Geothermal, Ltd. which was established with the aim of advancing our geothermal activities. The Project involves the Rajabasa geothermal block located in Lampung Province in the southeastern part of Sumatra Island, where Sumitomo Corporation and PT Supreme Energy, a private Indonesian geothermal power developer, are jointly conducting exploration activities through their investment in the project company, PT Supreme Energy Rajabasa. We have joined the project by acquiring 31.45 percent of the project company's outstanding shares through INPEX Geothermal.
The project has confirmed a certain level of geothermal resource potential through surface surveys and geophysical exploration. Moving forward, it is expected that the expansion and exploration activities will contribute to the growth of geothermal projects in the country.
