The Geothermal Holding Debate
The state-owned enterprises ministry intends to merge PLN and Pertamina Geothermal Energy’s geothermal power plant assets. The plan is to expand first before making an IPO at the stock exchange.
Khairul Anam
August 9, 2021
A REQUEST for data delivered to Indonesia Power triggered a controversy surrounding the plan to merge state-owned geothermal companies. The state-owned enterprises (SOEs) ministry asked the state electricity company PLN subsidiary to submit its technical data on the cost of operating seven geothermal power plants (PLTP).
Indonesia Power, through its power plant maintenance and operations services (POMU), manages seven PLTP units at a total capac
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