USTDA Promotes Geothermal Power Development in Indonesia

JAKARTA, Indonesia, Dec. 13 — The U.S. Trade and Development Agency issued the following news release:

Today, the U.S. Trade and Development Agency (USTDA) awarded a $546,766 grant to PT Teknosatria Energi Geothermal (TEG) to partially fund a feasibility study for a 30 megawatt (MW) geothermal power project at the Cibuni site in West Java, Indonesia. TEG is a private Indonesian company established to develop the geothermal project and is part of the PT Satria Gemareksa group. The grant was signed at the U.S. Embassy in Jakarta by Ambassador Scot Marciel on behalf of USTDA, and by PT Satria Gemareksa Chairman Mr. Wisnu Suhardono on behalf of TEG.

“This grant demonstrates the commitment of the U.S. Government and Indonesian private sector to work together to expand Indonesia’s geothermal power development, an important energy sector goal of the Government of Indonesia,” stated USTDA Regional Director Henry Steingass. “We are pleased to support this goal and to connect PT Teknosatria Energi Geothermal with U.S. expertise and solutions.” TEG has selected a U.S. firm, Layman Energy Associates, and a U.S. business consortium of specialized geothermal service companies and experts to conduct the feasibility study.

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Posted December 18, 2012 by repit in News

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