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

Oil Palm (agroindonesia)

Senin, 16 Juli 2018 - 21:41 WIB

Sign MoU, RI-India Palm Oil Industry Agreed on Sustainable Development

Monday (16/7/2018) has signed Memorandum of Understanding (MoU) between Indonesian Palm Oil Board (DMSI), India Solvent Extractors Association (SEA), and Solidaridad Network Asia Limited (SNAL)…

Irfan Bachdim officially become Brand Ambassador Super Moto Car (Photo: Ridwan / Industry.co.id)

Senin, 16 Juli 2018 - 21:39 WIB

Mobil Lubricants Launches Latest Product For Two Wheel Vehicles

Mobil Lubricants launches the latest high-performance oil products for two-wheeled vehicles, Super Moto Cars formulated using the latest oil technology that uses a unique blend of high-quality…

Illustration of Export (ist)

Senin, 16 Juli 2018 - 21:38 WIB

Indef Estimates Trade Balance June 2018 Surplus Up to US $ 600 Million

Institute for Development of Economics and Finance (Indef) estimates the trade balance in June 2018 to surplus US $ 400 million - US $ 600 million Surplus is expected to occur due to long holiday…

Wika Beton

Senin, 16 Juli 2018 - 21:36 WIB

Until June 2018, Wika Beton Records Total Contracts Reach Rp8, 45 Trillion

PT Wika Beton Tbk recorded total contracts to be handled (carry over) in the first six months of this year has reached Rp8, 45 trillion.

Airbus A320-200 AirAsia Indonesia Berlogo Wonderful Indonesia and with Indonesia Tourism Destination Pattern (Photo: Chodijah Febriyani / Industry.co.id)

Senin, 16 Juli 2018 - 21:34 WIB

Air Asia Purchases Airbus Plane Rp 330.7 Trillion

Airbus SE is reportedly approaching an aircraft sales agreement worth US $ 23 billion or equivalent to Rp 330.74 trillion to AirAsia Group. The Malaysian airline has been the second largest…