Indonesia invites Australian investors to help develop geothermal power plants
Indonesia invites Australian investors to invest in the geothermal power sector in the country, promising maximum assistance for Australian investors willing to run a geothermal power plant in the country.
“Indonesian Vice President Boediono invited Australian investors to invest in the country’s energy sector by setting up geothermal power plants, tapping the country’ s enormous geothermal deposit to generate power, VP office spokesperson said last week”, so local news from this Asian country.
“Yopie Hidayat, the spokesperson of vice president office said that Indonesian government would gladly welcome and provide maximum assistance for Australian investors who are willing to run geothermal power plant in the country.
The Indonesia’s assistance commitments and official invitation to Australian investors was conveyed by Boediono to Australian Energy Resource and Tourism Minister Martin Ferguson during their meeting at the VP’s office, Yopie said.
Yopie said that Indonesia and Australia governments put great interests in developing the environment-friendly energy as geothermal energy requires brand new technologies and techniques. Both ministers agreed to share knowledge and expertise in developing geothermal energy.
Geothermal power plant would significantly contribute to the country’s second phase mega power plant project with total capacity of 10,000 MW.
Indonesia has the world’s largest geothermal deposit that may generate power up to 29,038 Megawatt, but as of now it only produces 1,189 Megawatt of electricity.”
Source: PhilStar