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The subsidiary KS ORKA signed a cooperation agreement with Indonesian Petroleum Corporation Geothermal Company PGE

The subsidiary KS ORKA signed a cooperation agreement with Indonesian Petroleum Corporation Geothermal Company PGE

The New Energy Directorate (EBKTE) of the Indonesian Ministry of Energy and Mines held the 11th EBKTE Exhibition on July 12. At the opening ceremony of the exhibition, PT Pertamina Geohtermal Energy Tbk. (PGE), a geothermal subsidiary of Petroleum Indonesia, signed a Memorandum of Understanding with several important potential partners.

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KS ORKA Renewables Pte. Ltd., (KS ORKA), a wholly-owned subsidiary of our group engaged in geothermal development in Singapore, was invited to participate in the exhibition and signed a contract with PGE to utilize the waste well and tail water of PGE's existing geothermal power plant Memorandum of cooperation on power generation. PGE plans to quickly expand the power generation capacity of geothermal projects that have been put into operation by using existing geothermal power plants, tail water from geothermal fields, and waste wells. The total planning of the hot water and waste well power generation project portfolio is 210MW, and PGE is expected to invite bids within this year.

Previously, Kaishan Group, as the only equipment supplier, provided core power generation equipment for the 500kW tail water power generation pilot project of PGE’s Lahendong Geothermal Power Station. The decision-makers are determined to use waste wells and tail water to achieve the goal of doubling the installed power in an efficient and low-cost manner.


Post time: Sep-07-2023

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