Pertamina Geothermal Energy Nets US$47.49mn Profits in Q1
Pertamina Geothermal Energy is able to maintain its net profit margin at 46 percent.
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Pertamina Geothermal Energy is able to maintain its net profit margin at 46 percent.
Pertamina Geothermal Energy (PGE) signed a Confidentiality Agreement (CA) with the Turkish energy company, Kipa Holding in Turkey.
Indonesia's Research and Innovation Agency (BRIN) reported that the country's geothermal energy is capable of producing up to 24 gigawatts of power.
PT Pertamina Geothermal Energy cooperates with Africa Geothermal International (AGIL) to develop geothermal potential in the Longonot concession.
Pertamina Geothermal Energy Tbk. (PGEO) posted a share price hike after reporting excellent performances in the first half of 2023.
PT Pertamina Geothermal Energy Tbk. (PGE) is ready to hold an initial public offering (IPO) worth Rp9.8 trillion.
The initial public offering (IPO) of Pertamina Geothermal Energy is expected to be completed by the end of February 2023.
SOEs Ministry representative said that Pertamina Geothermal Energy will make an initial public offering or IPO as soon as the end of 2022.
Indonesia's Energy and Mineral Resources Minister Arifin Tasrif responded positively to Japanese energy firm Inpex's move to invest in geothermal.
Geothermal energy utilization would not only provide low-emission electricity, but also generate additional revenues, improving people's economy
State-run energy company PT Pertamina (Persero) is keen on optimizing the utilization of geothermal as an important source of renewable energy.
Governor Ganjar Pranowo pitched the idea of making the Dieng highlands geothermal project as an education tourism site.
Pertamina Geothermal Energy (PGE) has outlined a target to double geothermal power development to 1.1 gigawatts (GW) by 2026.
Pertamina's upstream director Dharmawan H Samsu said Indonesia has 40 percent of the world's geothermal potential.
World Bank approves a US$150 million loan for Indonesia to scale up investments in geothermal energy by reducing the risks of early-stage exploration.
Vice President Jusuf Kalla stated that Indonesia has already operated a geothermal power plant (PLTP) since 35 years ago in Kamojang, West Java.
State-owned geothermal energy company Geo Dipa Energi has kicked off the construction of two geothermal power plants.
Finance Minister Sri Mulyani recalled about Iceland's success in managing the country's energy potential that can be replicated in Indonesia.
The Indonesian Government revealed that the use of geothermal
energy for power plants in the country has only reached 1,698.5
MW or 10 percent.
TEMPO Interactive, Jimbaran: The government offered a geothermal electricity project as a part of the carbon emissions reduction program. Head of the Capital Investment Coordination Agency, Muhammad Lutfi, said that this offer is aimed at attracting environmental-friendly private investment.