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.

The electricity generated by Patuha 2 will be sold to PT PLN (Persero), Indonesia’s state-owned electricity company, which will integrate the power into the national grid. The plant’s electricity will be fed into the Java-Bali-Madura (Jamali) interconnection grid, helping to meet growing demand in the region.

Geo Dipa Energi has set the electricity tariff for the Patuha 2 plant at $0.07 per kilowatt-hour (kWh), which is lower than the typical cost of renewable energy from other sources. For comparison, electricity from other renewable energy sources typically costs between $0.09 and $0.10 per kWh.

“The price has risen from $0.0445 per kWh when we first began in 2014, to around $0.07 per kWh today,” Ruly explained, reflecting on the project’s cost adjustments over the years. Despite the increase, the price remains highly competitive and supports the company’s goal of providing affordable clean energy.

The completion of Patuha 2 will play an important role in Indonesia’s broader energy transition strategy, boosting the country’s renewable energy capacity and supporting the shift away from fossil fuels. Geo Dipa Energi’s continued investment in geothermal power is seen as a key component of the nation’s long-term energy sustainability goals. (Uki Ruknuddin)