Geothermal Fund (Ministry of Finance Regulation No. 3/2012)

Finance Regulation No. 3/2012 provides the framework for providing finance for survey and exploration services.

The objectives of the Geothermal Fund Facility is to:

• enhance sufficiency of data from Preliminary Survey to mitigate exploratory risk in the utilization of geothermal energy to produce electricity
• supply supporting data to prepare for tender documents of Geothermal Work Area (WKP) for the procurement of geothermal project cooperation contract to Business Entities; and/or
• support exploratory activities in the framework of acceleration of geothermal power project development.

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