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PLN sets up new geothermal subsidiary
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PLN corporate planning director Syovfi Felienty Roekman (second left) and Kreditanstalt für Wiederaufbau (KfW) senior project manager Jens Wirth (second right) pose together after signing a loan agreement for the Kumbih III hydro power plant (PLTA) project. PLN has set a new subsidiary that specializes in geothermal power business. (Courtesy of PLN/-)
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tate-owned electricity firm PLN seeks to boost its geothermal power business through the establishment of a new subsidiary, PLN GG, to handle its geothermal projects.
As its first task, the entity will develop eight geothermal working areas assigned previously by the government. They are estimated to generate 300 megawatts (MW) of electricity.
PLN corporate planning director Syofvi Felienty Roekman recently said the subsidiary, which would also work on gas projects, had been established because PLN expected to focus on renewable energy development in the future.
“PLN GG will be the one developing those eight areas,” she said, while adding that power generation from other types of renewable sources, such as solar and wind, would be handled by other subsidiaries of PLN.
Read also: PLN to sign agreements with nine renewable power producers
The government is reviewing PLN’s proposal to develop another three geothermal working areas.
In its electricity procurement business plan (RUPTL) for the 2018-2027 period, PLN envisions the development of renewable power plants with a total capacity of 14,911-MW within the next decade. Of the figure, 4,583-MW will come from geothermal power facilities.
Indonesia aims to increase the installed capacity of its geothermal power plants from 1,838.5- MW last year to 2,058.5-MW in 2018 and 7,200-MW in 2025. (lnd)
