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A Geothermal Holding Company in the Works

The Ministry of State-owned Enterprises (BUMN) plans to establish a holding company to manage geothermal energy this year. The plan is to merge three BUMN entities, such as PT Pertamina Geothermal Energy (PGE), PT PLN Gas & Geothermal, and PT Geo Dipa Energi (Persero).

Business

A Geothermal Holding Company in the Works

The Ministry of State-owned Enterprises (BUMN) plans to establish a holding company to manage geothermal energy this year. The plan is to merge three BUMN entities, such as PT Pertamina Geothermal Energy (PGE), PT PLN Gas & Geothermal, and PT Geo Dipa Energi (Persero).

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Govt Sets Export Levy for CPO at $93/MT

Indonesian government set the reference price of crude palm oil (CPO) products for export duties at US$1,036.22 a metric tones (MT) of CPO in March. The benchmark price increased by 0.92% than February, which was $1,026.78 a MT....

Govt Completes SATRIA-1 Satellite Financing $545 Million

Minister of information, communication, and technology (ICT), Johnny G. Plate, announced, the government secured US$545 million in project financing for the Indonesia Raya Satellite Multifunction Satellite (SATRIA-1), comprised...

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SWF Directors: Who’s Who (2)

President Joko “Jokowi” Widodo has announced the board of directors of the newly established Lembaga Pengelola Investasi (LPI), Indonesia’s version of Sovereign Wealth Fund (SWF). We noted two of the directors in the previous installment of this article. Today we note the other three.

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