October 10, 2017
Kyushu Electric Power Inc.
The Second Unit (capacity 108.7MW) of Sarulla Geothermal IPP Project in Indonesia
Commenced Commercial Operation on October 2, 2017
The second unit (capacity 108.7MW) of Sarulla Geothermal IPP Project in Indonesia,
one of the world's largest geothermal power plants, in which Kyushu Electric Power
Company Inc. (“Kyuden”) has participated, commenced commercial operation onOctober 2, 2017.
We will continue to proceed with construction work for the third unit (expectedcapacity 107.7MW), expected to commence commercial operation in 2018, throughmaking every effort to preserve the environment and ensure safety and disasterprevention.
We will contribute to countermeasures against global warming and stable supply ofelectricity in Indonesia by utilizing geothermal power technology established throughgeothermal power development in Japan.
Furthermore, in Asia where expansion of electric demand is expected, we intend toactively pursue the development of good project, with geothermal and coal fired power
as the priority development field, in addition to gas combined cycle power which wehave been focusing on, and aiming to achieve the target of equity ownership 5,000MW
in overseas electricity output in 2030, which we set in Medium-term Management
Policy.
[Main Events]
・October 2007

・A p r i l 2013
・March 2014
・M a y 2014
・March 2017

Acquisition of a participation right for the Project
Conclusion of selling power contract with Indonesia’s state-owned

electricity company through the operating company
Conclusion of financing contract with a syndicate of banks throughthe operating company
Start of construction
Start of commercial operation of the first unit
〈Announced on March 22, 2017〉“Make a brighter future for generations to come”
Kyushu Electric Power’s Mission is to contribute toward
the realization of a comfortable and environment-friendly lifestyle
today and for generations to come.

[Outline of the Project]
ItemLocation
Business Overview
Expected Capacity
InvestmentPartners(invest througheach subsidiary )Schedule

ContentSarulla, North Sumatra, Republic of Indonesia( About 350km to the south from Medan, the 4th biggest city in Indonesia )Comprehensive development of geothermal development and power generation,and selling power to Indonesia’s state-owned electricity company for 30 years.
320.8MW (3 Units)

Kyushu Electric Power Company, Inc.
ITOCHU Corporation

25%

INPEX CORPORATION※1

18.25%

Ormat Technologies, Inc.

12.75%PT Medco Power Indonesia※2May 20142018

※3Groundbreaking

25%

19%

Completion (planned)※1 Joined the Project by acquiring a 49% share in a Medco affiliate through a wholly owened
subsidiary in 2015

※2 An energy company owned by the Indonesia’s largest private comprehensive energy company,
PT Medco Energi Internasional Tbk, etc.

※3 A company of US that comprehensively implements development, production of mainequipments, construction, investment and operation in geothermal generation field[Location of the construction of power station]“Make a brighter future for generations to come”
Kyushu Electric Power’s Mission is to contribute toward
the realization of a comfortable and environment-friendly lifestyle
today and for generations to come.

[The Second Unit of Sarulla Geothermal IPP Project in Indonesia]