Sarulla Geothermal Power Project: Last lap challenges in the development process

• Main Authors: LANGE, Katharina, WERMERT, Stephen, DULA, Christopher
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2015
• Subjects: Project management; public-private partnerships; risk allocation; risk identification; commercial structure; shareholder relations; power sector; geothermal; infrastructure development; Asian Studies; Corporate Finance; Finance and Financial Management; International Business; Strategic Management Policy
• Online Access: https://ink.library.smu.edu.sg/cases_coll_all/120; https://cmp.smu.edu.sg/case/2791
• Institution: Singapore Management University

The case looks retrospectively at an integrated geothermal steam field and a 320.8 MW power project in North Medan, Indonesia which reached financial close on March 28, 2014 after a combined tender and development period of almost 10 years. A critical last stage of the project commenced on April 4,...