Policy status:In Force
Date Effective:2012
Policy Type:Policy Support, Economic Instruments>Fiscal/financial incentives
Policy Target:Geothermal
Policy Sector:Framework Policy
Size of Plant Targeted:Small and Large
Agency:Centre of Government Investment; Ministry of Finance
Funding:State Budget

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.
Related policies:New Geothermal Law (No. 21/2014)

Last modified: Thu, 19 Mar 2015 14:51:20 CET