Panax Geothermal set to benefit further from Indonesia’s push for geothermal energy security

Panax Geothermal (ASX: PAX) may benefit from Indonesia’s growing demand for secure renewable energy with the Government looking at increasing initial generating capacity of the Ngebel Geothermal Project to 220 megawatts from the original 165 megawatts plant.

To top it off, the original project would have grown in stages to reached the planned capacity.

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Posted July 4, 2012 by repit in News

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