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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.
Procurement plans describe and update the procurement of major goods, works and consulting services either ongoing or expected to take place related to a project or program.
This document dated 12 January 2023 is provided for the ADB project 52282-001 in Indonesia.