(Courtesy CIA.gov) |
This risk-mitigation initiative has been made possible after Finance Minister Sri Mulyani Indrawati, after a delay of five years, finally issued last month a regulatory directive on the use, management and accountability of the Geothermal Fund Facility (GFF) at the state-owned infrastructure financing company, PT Sarana Multi Infrastruktur (SMI).
Lenders will be willing to finance geothermal power development if they have access to complete and reliable data and information on the proven reserves, geological feasibility studies and interpretations of seismic investigations.
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