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Green Energy Geothermal Investment Cooperation With Aceh Government

BANDA ACEH – An energy company headquartered in London, United Kingdom, Green Energy Geothermal (GEG) established an investment partnership with the Aceh Government in the development of geothermal energy. The cooperation was discussed in a meeting with the Government of Aceh attended by the Governor of Aceh, Zaini Abdullah along with SKPA and Regional Development Company of Aceh (PDPA) at Meuligo Governor on Wednesday, March 15, 2017.
The closed meeting resulted in several recommendations, namely the establishment of investment cooperation in geothermal energy and geothermal power plant which is planned to be developed in Gunong Geureudong, located between Regency of North Aceh, Bener Meriah and Central Aceh. “This recommendation follows the results of the previous meeting, dated January 17, 2017,” said Iskandarsyah Bakri, Principal Advisor GEG, Wednesday (15/3).
Iskandarsyah Bakri added that the purpose of creating a consortium for cooperation in managing the Earth Working Area (WKP) in Mount Geuredong as well as the cooperation between PDPA and GEG to build geothermal energy in Aceh is beneficial to both parties. “It is estimated that GEG applies geothermal power plant technology (PLTP) as used in Kenya and Iceland countries and commits to use 100 percent of local workforce,” said Iskandarsyah Bakri.
The governor of Aceh, dr Zaini Abdullah said in the meeting that this task is a big responsibility of PDPA and this trust should be maintained to boost Aceh’s Regional Income (PAD) revenue and to create jobs. “I immediately suggested the cooperation with PDPA,” said Zaini Abdullah.Direktor PDPA, Muksin SE MM also added very supportive of this process where PDPA can gain and also one of effort to overcome electrical energy crisis in Aceh, especially middle area and PDPA ready to work ama With PLN. “This is a momentum to solve the electricity crisis in Aceh and also opportunities for other investors to look at Aceh in investing,” he said.
Green Energy Geothermal (GEG) CEO, Terje Laugerud, said his capability to invest in geothermal energy at WKP Gunung Geureudong, and he hopes that this good cooperation will be realized soon. “The concept of GEG using the best technology, environmentally friendly and does not damage the forest because it does not require large areas,” he said.Terje added, GEG applied technology is very fast development compared with other conventional systems. “For drilling a geothermal well the project spends around Rp 65 billion. With the system and technology used GEG greatly saves time and investment because it builds direct geothermal power plant and produces electricity quickly, “he explained.
In addition to meetings with the Governor of Aceh, GEG also visited WKP Seulawah Agam Lamteuba, Aceh Besar and site visit to the geothermal project in Jaboi, Sabang. GEG headquartered in London has offices in 6 countries in Iceland, Indonesia, Singapore, Kenya, the Philippines and Norway.



dpmptsp Aceh

Dinas Penanaman Modal dan Pelayanan Terpadu Satu Pintu (DPMPTSP) Provinsi Aceh