"Mr. Bartak, what are the challenges in the power generation business line?
Jan Bartak: Geothermal is new for us. We have many types of power generators. We have nuclear, we have gas, we have coal, we have a lot of hydro, we have renewables, but we did not have any geothermal. So, this is our first geothermal effort anywhere. It was an important decision for the group to invest in a new field.
When we started our projects in Indonesia, we thought things would move faster than they actually did, but the positive thing is, that with a lot of perseverance and patience, you get there in the end. We were the first to sign the PPA (power purchase agreement) in Indonesia. There are a lot of such projects in development in the country, but we were the first who made it.
We are moving ahead. We are drilling. I would say we are serious and committed. Of course, certain criteria need be met to proceed with investment. As soon as we meet them, we will go ahead. We do what we say."
and
"What about hydro power plants in Indonesia?
In Indonesia, there is a lot of hydro potential, but unfortunately, there is no clear regulation. If you look at geothermal, it is not simple, but at least, there is a legal and regulatory framework. This is not really the case for hydro. "
etc, bit on PLN.
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