Wednesday, October 12, 2016

Indonesia: Foreign Investors Interested in North Sulawesi Geothermal Energy Project

Kuwait, Saudi investors evince interest in geothermal projects in Gorontalo (Antara News)

Kuwaiti investor Rajan Ethirajan of the Al Subol General Trading, along with Arab investor Jiju Thundiyil John, have expressed an interest to invest in the geothermal power plants in Gorontalo.

The head of Gorontalo Regional Development Board (Bappeda), Budianto Sidiki, said on Wednesday that they expressed an interest soon after Gorontalos Governor Rusli Habibie detailed the regions potential at the opening of an event titled, Indonesia Middle East Update 2016.

Data with the Ministry of Energy and Mineral Resources shows a significant geothermal potential in the Bone Bolango sub-district, Gorontalo. It can produce up to 110 megawatt of electricity supply in Gorontalo and 20 megawatt in the Gorontalo sub-district.

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