JakartaPost-Feb 26

The State-Owned Enterprises (SOEs) Ministry plans to merge PT Geo Dipa Energi, PT Pertamina Geothermal Energy (PGE) and PT PLN Gas and Geothermal (PLN GG) this year to form a giant geothermal holding company to push green energy use in the country. Together, the three companies have an installed geothermal capacity of 1,022.5 megawatts (MW), or nearly half of Indonesia’s 2,130.7MW installed capacity, according to the Energy and Mineral Resources Ministry. “The joint [geothermal holding] company will be the biggest in the world in terms of installed capacity,” SOEs Deputy Minister Pahala Mansury told The Jakarta Post by text message on Feb 22. Indonesian Geothermal Association (INAGA/API) chairman Priyandaru Effendi said the merger would enable the three companies to better manage human resources, combine capital and execute the government’s geothermal program.

Read more at: https://www.thejakartapost.com/news/2021/02/26/indonesia-announces-plan-to-form-worlds-largest-geothermal-holding-firm.html.