Signing of MoU with Indonesian state-owned geothermal development company PT Geo Dipa Energi | JOGMEC Press Release


Based on the concept of the AZEC (Asian Zero Emissions Community) Ministerial Conference to be held on March 3-4, 2023 and the public-private investment forum jointly held with it, the MOU aims to secure a stable supply of energy in Japan and Japan. Indonesia, forging partnerships in the development of geothermal resources to enable a significant energy transition to promote sustainable economic growth and combat climate change at the same time.

Indonesia is the second largest country endowed with geothermal resources in the world, and it is also one of the countries that Japanese companies are interested in. Indonesia’s state-owned Geothermal Development Corporation has a particularly large number of promising geothermal fields in the country. I’m always looking for a relationship.
Under the MoU, JOGMEC will collaborate with PT Geo Dipa Energi on research to de-risk geothermal resource development, support survey and exploration projects in company-owned geothermal fields, and capacity development. In addition, it was decided to start to establish a cooperative relationship in the technical fields related to the survey and exploration of geothermal resources in Indonesia.
In addition to the “Overseas Geothermal Resource Exploration Project” launched in 2021, due to the revision of the JOGMEC Law last year, the “Overseas Geothermal Resource Exploration Investment Project” will join JOGMEC’s ​​support functions from April 1, 2023. In the “Overseas Geothermal Exploration Investment Project”, JOGMEC will add support for Japanese companies to participate in overseas geothermal exploration projects, aiming to promote the development of Japanese companies.
Taking this MOU as an opportunity, we will further expand opportunities to acquire know-how overseas, with a view to building relationships between Japanese companies and PT Geo Dipa Energi, ultimately promoting the development of geothermal resources in Japan and Indonesia. Hopefully this will be rolled out further.

Group photo of the MOU of the Asia Zero Emissions Community Public-Private Investment Forum
(From left, Minister of Economy, Trade and Industry Nishimura (witness), JOGMEC Chairman Hosono, Minister Counselor Sunan Jaya Rustam, Embassy of the Republic of Indonesia in Japan (witness), JOGMEC Renewable Energy Business Headquarters Takahashi)
(Note) Geo Dipa Energi absent due to circumstances

■ Reference
JOGMEC’s ​​function enhancement, name change, and organizational structure adjustment due to legal revisions (November 14, 2022)

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