August 06, 2006

US: Consortium to build World's Largest Geothermal Plant

August 05, 2006
Ormat Technologies, Inc. (NYSE: ORA - News) today announced that a consortium consisting of its wholly-owned subsidiary, Ormat International, Inc., a unit of Medco Energi Internasional Tbk (Indonesia's largest private oil and gas company), and Itochu Corp. of Japan, has been declared the winner of a tender issued by the Indonesian state-owned utility PT PLN (Persero) for the development of the Sarulla, North Sumatra, Indonesia geothermal power project on an independent power producer basis.