Pertamina, Indonesia Seeks to Double its Geothermal Capacity

Pertamina, Indonesia Seeks to Double its Geothermal Capacity

PT Pertamina, Indonesia’s state-owned energy firm, plans to double its geothermal capacity from 700 MW by 2027-2028. The plan, which aims to lessen the country’s reliance on fossil fuels, will cost around USD 4 billion. The Indonesian government is eager...
Hospitals Expanding Aggressively in Indonesia

Hospitals Expanding Aggressively in Indonesia

According to Deal Street Asia, PT Saratoga Investama Sedaya Tbk, a publicly listed Indonesian investment company, is now in talks to sell its stake in Primaya Hospital ahead of the latter’s possible initial public offering (IPO) in 2022. Primaya Hospital owns and...