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Geothermal Energy Holding at a Standstill

Monday, January 31, 2022

The plan to merge state-owned geothermal energy assets is again held back by disagreements over valuation. Pertamina Geothermal is preparing to move forward on its own.

arsip tempo : 173055065816.

A worker checks the installation at the Kamojang Geothermal Power Plant, Garut, West Java, Wednesday, September 8, 2021. ANTARA PHOTO/Indrianto Eko Suwarso. tempo : 173055065816.

PERTAMINA Geothermal Energy directors must complete the company’s audited 2021 financial report in a hurry before its initial public offering (IPO) in the first semester of this year. Pertamina Geothermal Corporate Secretary Muhammad Baron says the state-owned enterprises ministry forbids the company to give the Financial Services Authority (OJK) its financial report from the third quarter of 2021 as an IPO requirement. Required documents m

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