When Pertamina redefined itself last year, company officials said they wanted to pursue business opportunities beyond their traditional area of expertise — oil and gas.
Renewable energy, like the geothermal variety, is one area that greatly excited company officials.
Pertamina benefited from the country’s old regulations, which put all of Indonesia geothermal assets under its management. Though the regulation has been altered, Pertamina remains at the forefront of geothermal development in the country.
Pertamina Geothermal Energi, a subsidiary of Pertamina, announced on Saturday that it has broken ground on two geothermal projects, which would increase the country’s electricity generation capacity by 50 MWe.
