The Geothermal Powerhouses
Big players in the energy sector are competing to develop the potentials of geothermal work areas. The stock exchange is among their sources for financing.
Tempo’s report on the management of state-owned enterprises in the energy sector is made possible by the support of the Judith Neilson Institute.
Aisha Shaidra
August 9, 2021
THE ambition of Barito Pacific to maintain its control over the country’s geothermal business has not been deterred by the Covid-19 pandemic. The investment business group owned by tycoon Prajogo Pangestu, Indonesia’s third richest person according to Forbes, is carrying on its intention to apply the new binary cycle technology in the Gunung Salak geothermal work area in the Sukabumi and Bogor Regencies, West Java. “The business
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