News

Pertamina Geothermal sees increase in profits in 2014

Pertamina Geothermal sees increase in profits in 2014 Geothermal pipes of Pertamina, Indonesia (source: zmiyatul.blogspot)
Francisco Rojas 18 Mar 2015

DM: "As of 2014, Pertamina Geothermal had 402 megawatts of installed capacity and aims to increase it to 1,057 megawatts by 2022" by investing up to $432 million

In a very short quote on the Daily Mail, “Indonesia’s Pertamina Geothermal Energy saw profit rise 25 percent to $87 million in 2014, the Investor Daily reported, quoting Corporate Secretary Tafif Azimudin. As of 2014, Pertamina Geothermal had 402 megawatts of installed capacity and aims to increase it to 1,057 megawatts by 2022. The firm plans to invest up to $432 million in infrastructure and exploration to achieve that target.”

Source: The Daily Mail

author avatar
Francisco Rojas