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The concession for the Rantau Dedap has been awarded to the Supreme Energy – GDF Suez Consortium in early December 2010 and the Mining Area License was granted to the project company PT Supreme Energy Rantau Dedap (SERD). SERD have got the price approval and assignment from the Minister of Energy and Mineral Resources through assignment letter No. 5834/26/MEM.L/2011 September 30, 2011.
The exploration program has started since 2011. It has completed the Airborne topographic survey and civil engineering study. Heat loss survey, report and the geoscientific interpretation as well have been completed by the end of February 2012.
On November 12, 2012 Rantau Dedap project has entered the Power Purchase Agreement (PPA) signing with Indonesian state-owned electricity utility Perusahaan Listrik Negara (PLN). The signing was done by President & CEO of SERD, Supramu Santosa and President Director of PT PLN, Nur Pamudji, witnessed by Minister of Energy and Mineral Resources, Jero Wacik. Signing of PPA marks a key milestone as it defines the contractual rights and obligations of the parties during the exploration phase, construction phase and operation phase – conditions which are necessary to start exploration drilling activities.
By the end of 2013, about 14 km of road has already been opened. Land acquisition has reached about 94 % (150 Ha) of the overall land required for the project.
The First Spud-in Exploration Drilling RD-B1 Geothermal Working Area Rantau Dedap was conducted on last February 3rd 2014. Well Drilling RD-B1 is a series of 5-7 drilling exploration wells in the Geothermal Working Area, to prove the existence of geothermal resources, is sufficient to build a geothermal power plant with the capacity of 220 MW....................SO LAND AQUIRED 2011 SPUD DATE 2014. ITS NO BIGGI JUST SHOWING HOW LONG IT TAKES OVER THERE,AND THE PLANT THEY ARE BUILDING IS BY LEIGHTONS,ITS A BIG PROJECT REASONABLY CLOSE .