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Jakarta Post

PLN, Pertamina to spend $3.6 billion on geothermal projects

  • Norman Harsono

    The Jakarta Post

Jakarta   /   Wed, August 21, 2019   /  03:08 pm
The Jakarta Post Image
An aerial view of the Sarulla geothermal power plant in North Tapanuli regency, North Sumatra.(Courtesy of/Sarulla Operations Ltd)

State-owned electricity company PLN and energy company Pertamina are slated to respectively invest US$1 billion and $2.68 billion in developing geothermal power plants around the country over the next few years. The two companies, through their namesake subsidiaries PLN Gas & Geothermal (GG) and Pertamina Geothermal Energy (PGE), provided more than one-third of the country’s total 1,948 megawatt (MW) geothermal power supply last year, according to Energy and Mineral Resources Ministry (ESDM) data. Going forward, a PLN GG director told reporters in Jakarta on Aug 14 that the company aimed to add 675 MW of geothermal capacity by 2023 – in line with PLN’s nine-year electricity procurement plan – while a PGE director said his company planned to increase capacity by 495 MW by 2026. The additional power will come from the same power plan...