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PROJECT

Project Information & Monitoring Update

19 Aug 2020 ELECTRICITY SECTOR

Dieng Unit 2 Geothermal Power Plant (PLTP) Development Project and Patuha Unit 2 PLTP

GeoDipa has successfully completed financing efforts for the construction of the Dieng Unit 2 Geothermal Power Plant (PLTP) and the Patuha Unit 2 PLTP with a capacity of 55 MW each. This effort has the full support of the Ministry of Finance and PT Penjaminan Infrastruktur Indonesia (Persero) / PT PII, which is also the Ministry of Finance's SMV, which is mandated to provide government guarantee facilities for the development of the power plant project.

PT PII and GeoDipa today, Wednesday (19/08) signed an agreement with the Asian Development Bank (ADB) for the Dieng Unit 2 Geothermal Power Plant (PLTP) Development Project and Patuha Unit 2 PLTP, as part of the efforts to provide electricity through the utilization of geothermal New Renewable Energy (EBT). The signing of the project includes the signing of a loan agreement between GeoDipa and ADB, the signing of the Guarantee Agreement between the Ministry of Finance and ADB, and the signing of the Guarantee Implementation Agreement between PT PII and GeoDipa. 

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Project Information

Signing Project 19 Aug 2020
Investment Value USD 469,2 Million
Loan Value USD 335 Million
Characteristics 55 MegaWatt
Loan Tenor 20 Years (Door-to-door)
Guarantee Debtor PT Geo Dipa Energi (Persero)
Creditor/Guarantee Recipient Asian Development Bank (ADB)
Location Dieng - Patuha