Indonesia:

Pertamina Prepares Rp 33t For Geothermal Electricity Plants (Jakarta Post)

Announced at inauguration of 35 MW Kamojang Unit 5 geothermal electricity plant

State-owned oil and gas company Pertamina says it has prepared Rp 33 trillion (US$2.5 billion) worth of financing for the development of geothermal electricity plants up to 2019.

Pertamina president director Dwi Soetjipto said the financing would be used to increase the installed capacity of geothermal electricity plants from 505 MW to 907 MW by 2019.

“We have made geothermal development one of our strategic priorities and we have a blueprint of geothermal development up to 2019,” he said as quoted by Antara during the inauguration of Pertamina’s Kamojang Unit 5 geothermal electricity plant, with a capacity of 35 MW, by President Joko “Jokowi” Widodo in Garut, West Java, on Sunday

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