"JAKARTA (IFT) - PT Bakrie Power, a subsidiary of PT Bakrie & Brothers Tbk (Bakrie & Brothers), allocated U.S. $ 90 million to U $ 100 million for development of geothermal working areas Sokoria, East Nusa Tenggara. Ali Herman Ibrahim, President Director of Bakrie Power, said the company target a plant with a capacity of 30 megawatts it can operate in 2015.
regarding energy subsidies, just so you can see how contradictory the whole thing can be. http://www.indonesiafinancetoday.com/read/7663/Pengembang-Panas-Bumi-Minta-Jaminan-Eksplorasi AKARTA (IFT) - The government is advised to raise the price of fuel oil (BBM) subsidy in the next year, rather than to raise electricity rates about 10%. Tulus Abadi, Manager Daily Indonesian Consumers Foundation, said the distribution of electricity subsidies better targeted than fuel subsidies."
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