Tender Procurements and Contract Opportunities Indonesia

  • Decrease font size
  • Default font size
  • Increase font size
  • default color
  • red color
  • green color

Position

Home News Oil & Gas Cost Power 1 MW Geothermal Power Reach U.S. $ 3 Million
Cost Power 1 MW Geothermal Power Reach U.S. $ 3 Million PDF Print E-mail
Tuesday, 08 December 2009 09:10

NUSA DUA. President Director of PT. Pertamina Geothermal Energy (PGE PT.) Abadi Poernomo explained, to generate 1 MW of geothermal electricity needed funds of about U.S. $ 2.5 million to U.S. $ 3 million.
"An average well can generate 4.8 megawatts, so the funds needed per her well reach U.S. $ 12 million to U.S. $ 14.4 million", said Abadi Poernomo in "Geothermal Seminar 2009" at the Hotel Melia, Nusa Dua, Bali ( 3 / 12).

Generation costs are still high, continued Abadi, caused by geothermal investment is an investment with high risk, both in exploration and development, although from the side of his own generation there is no risk it.

As an environmentally friendly project, the World Bank, ADB, and several international financial institutions have offered soft loans for development of geothermal energy. In addition, geothermal energy potential is also proposed in the Clean Development Mechanism projects (CDM). By inserting in the CDM PLTP could directly decrease or increase the cost of the project IRR of PLTP.

"Currently under review together with Bappenas to capture the investment opportunities offered by it," said Abadi Poernomo.

 
English Arabic Chinese (Traditional) French German Hindi Indonesian Italian Japanese Portuguese Russian Spanish

Banner

Trusted Partner

Banner