PLN Indonesia Power boosts geothermal push via subsidiary
PLN Indonesia Power intensifies geothermal development efforts through its dedicated unit PLN IP Geothermal to support national energy transition goals.
State-owned utility PT PLN Indonesia Power is accelerating geothermal energy development in Indonesia through PT PLN IP Geothermal (PLN IPG), a subsidiary focused exclusively on geothermal projects.
While the subsidiary has been operational for some time, recent moves signal a stronger strategic emphasis on geothermal as part of PLN’s broader decarbonization and energy transition agenda.
Key highlights:
- Subsidiary role: PLN IPG to lead geothermal exploration, development, and investment.
- Existing capacity: PLN Indonesia Power operates 672 MW of geothermal capacity.
- Growth plans: Expansion of geothermal portfolio to support national clean energy targets.
- Corporate structure: PLN’s sub-holding model allows for more agile and focused renewable development.
President Director Edwin Nugraha Putra highlighted the importance of PLN IPG in mobilizing resources and streamlining project execution across Indonesia’s high-potential geothermal zones.
Indonesia is the world’s second-largest geothermal power producer, and PLN’s renewed focus reflects government priorities to increase the share of renewables in the energy mix.
Source: MetroTV news