Pertamina to invest PLTP US$200 million

The Investor Daily-October 22, 2008 -PT Pertamina Geothermal will set up six geothermal power plants worth US$200 million with capacity of 680 megawatt (MW). Abadi Poernomo, managing director of the company, expected the operation could commence in 2014. He said the fund would be taken from the financial institutions, such as World Bank, Asian Development Bank, and Japan for International Bank Cooperation (JBIC) that have declared their interest in developing this project.