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Indonesia to form ‘world’s largest’ geothermal holding firm

Norman Harsono The Jakarta Post  Fri, February 26, 2021

 Steam rises from a chimney on Jan. 13, 2020 at PT Geo Dipa Energi’s geothermal power plant in the Dieng working area (WKP) in Wonosobo, Central Java. (Antara/Anis Efizudin)

JAKARTA – The State-Owned Enterprises (SOEs) Ministry plans to merge PT Geo Dipa Energi, PT Pertamina Geothermal Energy (PGE) and PT PLN Gas and Geothermal (PLN GG) this year to form a giant geothermal holding company to push green energy use in the country.

Together, the three companies have an installed geothermal capacity of 1,022.5 megawatts (MW), or nearly half of Indonesia’s 2,130.7MW installed capacity, according to the Energy and Mineral Resources Ministry.

“The joint [geothermal holding] company will be the biggest in the world in terms of installed capacity,” SOEs Deputy Minister Pahala Mansury told The Jakarta Post by text message on Feb 22. “The holding company will combine their strengths in development or drilling, in transmitting energy to end users and in financing,” he said. Indonesian Geothermal Association (INAGA/API) chairman Priyandar
SOURCE: The Jakarta Post, Indonesia   Fri, February 26, 2021

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