Stalled Geothermal Projects in Indonesia to Get New Funding Injection

A high-ranking Energy and Mineral Resources Ministry official has revealed that the Indonesian government plans to inject fresh capital into stalled geothermal projects.

The construction of geothermal power plants has ground to a halt due to difficulties obtaining permits and financing, but the ministry’s director general of renewable energy, Ridha Mulyana, said in Jakarta on Tuesday that his department was committed to tackling the problem.

Ridha said that out of 59 approved geothermal projects, only nine were underway. Most of the problems were related to permits, while “less than 10” projects were dealing with financial problems.

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Posted March 20, 2013 by repit in News

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