JAKARTA — Geothermal power development is heating up in Indonesia, as local and Japanese companies boost plant capacity amid government plans to improve energy self-sufficiency by capitalizing on the world’s second-largest geothermal reserves.
Supreme Energy Muara Laboh — in which Japanese trading house Sumitomo Corp. and oil company Inpex hold 50% and 30% stakes, respectively — operates a geothermal plant in the mountains five hours from Padang, a city in West Sumatra province.