PT Geo Dipa indicators Grant Settlement with KfW for drilling work in Candi WKP, Indonesia (supply: PT Geo Dipa Power by way of Instagram)
PT Geo Dipa Energi has obtained a €825,000 grant from KfW which can go in direction of Temperature Core Gap drilling within the Candi geothermal working space, Indonesia.
Indonesia’s state-owned geothermal developer and operator PT Geo Dipa Energi (Persero) has obtained a €825,000 grant from German funding and improvement financial institution Kreditanstalt für Wiederaufbau Bankengruppe (KfW). The grant will go in direction of Temperature Core Gap (TCH) drilling of two wells within the Candi Umbul Telemoyo / Umbul Telemoyo Temple Geothermal Working Space (WKP) in Central Java, Indonesia.
The Candi Umbul Telemoyo WKP was awarded to PT Geo Dipa in 2017 by way of direct award by the Ministry of Power and Mineral Sources. The geothermal website has a possible capability of 45 MW. TCH drilling on the geothermal prospect website will present invaluable subsurface geologic and temperature knowledge, which may then be used as a parameter for additional geothermal exploration and useful resource evaluation work.
The signing of the Grant Settlement was accomplished by Yudistian Yunis, Most important Director of PT Geo Dipa, and Frank Bohnet, Regional Director of East Asia – Southeast Asia KfW. The settlement strengthens the great cooperative relationship between KfW and PT Geo Dipa in an effort assist inexperienced tasks in Indonesia. Bohnet additionally said that the grant is proof of KfW’s dedication to supporting the power transition of Indonesia.
PT Geo Dipa at the moment continues to work on the growth of the Dieng and Patuha geothermal fields, in addition to exploration in greenfield areas corresponding to the Arjuno Welirang WKP in East Java.
Supply: PT Geo Dipa Power by way of Instagram
