General Information
DESCRIPTION
The grant will be used to fund the expert services required to assess the geothermal resources for the Candi Umbul Telomoyo Geothermal Power Project. This includes the preparation of exploratory drilling, analysis and evaluation of existing studies and documents, mobilization on site, actual drilling, Carrying out an ESIA, documentation and evaluation of the results.
KEY DELIVERABLES
● Analyzing the capacities of PT Geo Dipa Energi and supporting in project preparation
● Risk assessment by testing whether the geothermal resource is economically interesting"
IPG Country / Entity
Germany
Beneficiary
PT Geo Dipa Energi (Persero)
Implementing Partner
-
Specific Focus
Funding is provided for exploration drillings and the material required therefore as to assess the capacity of geothermal resources and minimize the financial risk for a follow-up project.
Commited Amount (Home Currency)
EUR
980,000
Commited Amount (USD)
USD
1,000,000
Financial Information
USD
1,000,000
Description
-
-
| Modality | Financing Type | Financing Source | Financing Intermediary | Amount (Home Currency) | Amount (USD) | Part of JETP Pledge |
|---|---|---|---|---|---|---|
| Modality A | Grant / TA | IPG - Germany | German Federal Ministry for Economic Cooperation and Development through KfW Development Bank | EUR 980,000 | USD 1,000,000 | Yes |