BANDUNG, RAKYAT NEWS – The PT Geo Dipa Energi has set its sights on the 2027 launch of its Patuha 2 Geothermal Power Plant (PLTP), which is expected to generate 55 megawatts (MW) of electricity.

The announcement was made by Ruly Husnie Ridwan, General Manager of PT Geo Dipa’s Patuha Unit, during a media tour at the Ministry of Finance in Bandung on November 8

According to Ruly, the development of the Patuha 2 geothermal plant is progressing steadily, with the project now 50% complete. All drilling for the production wells has been finalized, and the remaining work focuses on constructing the plant’s turbines.

Once operational, the Patuha 2 plant will significantly increase Geo Dipa’s geothermal energy capacity in the Patuha area, doubling it from 55 MW to 110 MW. This marks a major step forward in the company’s efforts to expand its renewable energy portfolio and contribute to Indonesia’s clean energy transition.

The Patuha 2 project is being financed through a $300 million loan from the Asian Development Bank (ADB), which is equivalent to approximately IDR 4.6 trillion. This funding will not only support the development of Patuha 2 but also help finance the construction of the Dieng 2 geothermal plant.

In addition to the ADB loan, Geo Dipa is receiving financial backing from the Clean Technology Fund (CTF), a global initiative designed to support low-carbon energy projects. Ruly highlighted the favorable loan terms provided by both the ADB and the CTF, noting that the ADB loan has an interest rate of just 0.5%, and the CTF loan is expected to offer even more attractive conditions.

YouTube player