Panax Geothermal reports progress on Indonesian projects

Panax Geothermal has reported today that its projects in Indonesia have made progress with the finalization of power purchase agreements for two projects expected soon.

PT PLN (Persero) and the country’s Ministries of Finance and Energy have confirmed that all negotiations relating to the terms and conditions of the agreements for the Sokorai and Dairi project are now final.

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Posted June 28, 2012 by repit in News

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