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The World Bank is supplying Indonesia with $55 million in geothermal energy

Published On 19 Dec 2019 08:20 AM


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The World Bank said Friday it will extend a US$ 55.25 million grant to Indonesia to promote the development of the country's geothermal power plant, which aims to become the largest geothermal producer in the world.

The bank said in a statement that the grant would finance the Geothermal Energy Upstream Development Project in Indonesia and will mainly be used to fund exploration of infrastructure development and drilling.

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Tags : World Bank , Rodrigo Chaves,
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