Electricity group International Power (IPR) and French utilities firm GDF SUEZ (which owns 70 percent of IPR) have announced that IPR-GDF SUEZ Asia has signed 30-year power purchase agreements (PPAs) for two 220MW geothermal projects with the Indonesia state-owned utility, PLN.
IPR-GDF SUEZ Asia has a 35% interest in the projects, and will work alongside project partners PT Supreme Energy and Sumitomo Corporation.
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