At present, the province of Central Kalimantan in Indonesia is heavily dependent on fossil fuel and energy demand is expected to treble by 2025. Electricity however in the province is still unstable, hindering Central Kalimantan’s communities and industry to maximize their economic potential. To secure a sustainable future for Central Kalimantan, the Riam project captures biogas from wastewater treatment from the production of palm oil and transform it into clean energy and water.
The biogas-to-energy project is a partnership with Bumitama Group, a sustainable palm oil company listed in SGX. Power generated from the capture of biogas is transformed to electricity and sold under a 20 years power purchase agreement to PT Perusahaan Listrik Negara (PT PLN), the national utility provider. Riam is targeted to be shovel-ready by mid-2022.