GEOTHERMAL

Ormat secures financing for the development of Ijen geothermal project

Financing agreement will allow Ormat to develop a geothermal powerplant in Indonesia

 Medco Power Indonesia through its subsidiary PT. Medco Cahaya Geothermal is developing the 110MW Blawan Ijen Geothermal Power Plant in Blawan Ijen, East Java, Indonesia

Medco Power Indonesia through its subsidiary PT. Medco Cahaya Geothermal is developing the 110MW Blawan Ijen Geothermal Power Plant in Blawan Ijen, East Java, Indonesia

The signing was witnessed by Harris Yahya, geothermal director of the Ministry of Energy and Mineral Resources, Adi Lumakso director of generation management of PT PLN (Persero), Hilmi Panigoro president...

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