Disburse Trillions of Rupiah, Government Make Flores Geothermal Island

By : Aldo Bella Putra | Thursday, August 03 2017 - 19:34 IWST

5166
5166

INDUSTRY.co.id - Jakarta - The government set the island of Flores as a geothermal island. The stipulation is set forth in the Decree of the Minister of Energy and Mineral Resources number 2268 K / 30 / MEM / 2017 on Stipulation of Flores Island as Geothermal Island on 19 June 2017.

"We want to aspire to make Flores a pilot island whose overall energy will someday come from renewable energy, in this case is geothermal," said Director General of New Energy, Renewable and Energy Conversion (EBTKE) Rida Mulyana at a Heat convention Earth International (IIGCE 2017) to-5, at JCC, Senayan recently.

Although not mentioned in detail when the construction will be implemented, Rida said, so far the launch has been done. One of the geothermal projects is also mentioned named Waisano.

He said that the utilization of geothermal energy as a source of energy will take funds from the State Budget (APBN) of Rp 3 trillion and assistance from World Bank (World Bank) for US $ 55.25 million.

"This project (will) use the fund which was named geothermal fund which was announced the MoU between the Ministry of Energy and Mineral Resources with Rp 3 trillion from the State Budget and US $ 55.25 million from Wolrd Bank," he said.

The fund, said Rida, will be used to mitigate exploration so as to attract inward investment. Once the investment goes in, the developer will pay for the exploration cost. Furthermore, the funds paid will be used for exploration in other areas.

As is known, in the 5th Conference and Exhibition of Geothermal, submitted by Minister of Energy and Mineral Resources Decree (SK) to the Governor of NTT regarding the establishment of Flores Island as Geothermal Island.

News Comment

Today's Industry

World Renowned Cancer Researchers From Spain and U.S. Join Forces to Address Critical Needs and Challenges in Women’s Cancer Research

Sabtu, 09 Desember 2023 - 09:58 WIB

World Renowned Cancer Researchers From Spain and U.S. Join Forces to Address Critical Needs and Challenges in Women’s Cancer Research

Dallas - Mary Kay Inc., the world's No. 1 direct selling skin care and color cosmetics brand1 and its company-sponsored foundations, including the Mary Kay Ash Foundation in the U.S., continue…

The Westin Surabaya (photo PR Newswire)

Sabtu, 09 Desember 2023 - 09:50 WIB

The Westin Surabaya Announce Spectacular Festive Collaboration with Minions

Surabaya, Indonesia, The Westin Surabaya is excited to welcoming an array of festive events and activities to delight guests of all ages this holiday season. As the holiday season approaches,…

Education (photo Business Journal)

Sabtu, 09 Desember 2023 - 09:42 WIB

Environmental Career Student Guidance Programme 2023

 Hong Kong - 6 December will be the deadline for the Joint University Programmes Admissions System (JUPAS) application for the 2023-2024 academic year. It is believed that many candidates,…

Capcom Announces Monster Hunter Wilds!

Sabtu, 09 Desember 2023 - 09:34 WIB

Capcom Announces Monster Hunter Wilds!

Osaka, Japan - Capcom Co., Ltd. (TOKYO:9697) today announced that Monster Hunter Wilds, the next game in the critically acclaimed Monster Hunter series, is scheduled for release in 2025.…

Bali Tourism

Sabtu, 09 Desember 2023 - 09:21 WIB

12Go is Revealing the Top 2024 New Year Destinations in Asia, Bali and the Gili Islands the Top Travel Spots

Bangkok - 12Go has prepared a list of the best travel destinations for the winter season in Asia. This list is based on the internal ticket data gathered by 12Go. Analyzing the tickets sold…