Geothermal Energy Upstream Development (PT Geo Dipa Energi (Persero)) - Procurement Plan Project Dates: January 2018 - December 2020
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PROJECT OBJECTIVE

The Project has two components: Component 1 – Risk Mitigation for Geothermal Exploration Drilling (US$49 million), and Component 2 – Capacity Building on Geothermal Exploration and Environmental and Social Safeguards Management (US$6.25 million). The Project is being implemented by PT Sarana Multi Infrastruktur (PT SMI), a nonbanking financial institution fully owned by the Ministry of Finance (MoF), which is also responsible for overseeing the Government’s Infrastructure Financing for Geothermal Sector (Pembiayaan Infrastruktur Sektor Panas Bumi, or PISP) fund, which provides no less than US$49 million co-financing to the Project.

PROJECT DESCRIPTION

  


SECTORS OR AREAS OF WORK
  1. Renewables


Region/Location

BUDGET

USD 1,000,000

DONORS (OR FUNDING /CONTRIBUTING ORGANIZATIONS)
  1. WB - The World Bank
IMPLEMENTING AGENCY OR AGENCIES

SUPPORT TYPE
BUDGET

USD 1,000,000

DONORS (OR FUNDING /CONTRIBUTING ORGANIZATIONS)
  1. WB - The World Bank
IMPLEMENTING AGENCY OR AGENCIES

SUPPORT TYPE