PAX 0.00% 1.2¢ panax geothermal limited

A positive lately imho has been that PLN and Pertamina have...

  1. 957 Posts.
    A positive lately imho has been that PLN and Pertamina have agreed on some power prices and Pertamina are thus able to proceed on eleven of their own projects. This puts one lot of of negotiations out of the way and one might think that another lot of negotiations may now be able to be proceeded with for other geothermal projects.

    Other news from Indonesia is that Bakrie are starting negotiaions with PLN regarding Sokoria.

    Bakrie Power and PLN Negotiate Sokoria Geothermal Tariff

    BY Dudi Rahman & Nurseffi Dwi Wahyuni

    PT Bakrie Power will negotiate a power purchasing agreement (PPA) with PT Perusahaan Listrik Negara for the Sokoria geothermal mining working area in East Nusa Tenggara. (IFT/STANLIE)

    JAKARTA (IFT) – PT Bakrie Power, a subsidiary of PT Bakrie & Brothers Tbk (BNBR), will negotiate a power purchasing agreement (PPA) with PT Perusahaan Listrik Negara for the Sokoria geothermal mining working area in East Nusa Tenggara. The PPA discussion process was delayed due to failure in determining the working area coordinates.

    Ali Herman Ibrahim, President Director of Bakrie Power, said that this task is expected to done by this month at the latest.

    http://en.indonesiafinancetoday.com/read/17050/Bakrie-Power-and-PLN-Negotiate-Sokoria-Geothermal-Tariff
 
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