Indonesia:

Pertamina Geothermal Energy Allocates $432 Million in Investment (Jakarta Post)

35 MW Kamojang unit 5 is scheduled to be completed in July this year. 

Pertamina Geothermal Energy (PGE), a subsidiary of Indonesian state-owned PT Pertamina, has set aside US$432 million for several projects including the construction of new power plants, as well as maintenance and exploration in 2015.

“The allocation will be for the development of Kamojang unit 5 as well as ongoing projects such as Ulubelu, Lumut Balai and others. We will also have to perform maintenance work on other existing facilities,” PGE president director Rony Gunawan said on Monday.

Kamojang unit 5, which will have a 35 MW capacity, is scheduled to be completed in July this year. The project, located in West Java, will be the only PGE geothermal project to be completed this year. Progress has now reached 65 percent, according to Rony.

Other projects scheduled to be completed in the near future include Ulubelu unit 3 and 4, which are expected to be finished in July 2016 and May 2017, respectively.

PGE has a total capacity of 402 MW in electricity output from its geothermal power plants, equal to about 33 percent of the country’s total installed capacity of 1,403.5 MW.

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