THE planned initial public offering of Pertamina Geothermal Energy (PGE) will provide momentum for the government to spur on the development of environmentally friendly energy, which is still at a very low level. By becoming a public company, it will be relatively easier for the Pertamina subsidiary to overcome the problems it has had in seeking cheap funding.

PGE was listed on the Indonesian Stock Exchange on February 24. The company with its 1