Geo Dipa Energi Deposits IDR 200 Billion To The State Treasury

Director of Commerce & Exploration Development, Geo Dipa Energi, Ilen Kardani (center). (Photo: Aris Nurjani / VOI)

BANDUNG - PT Geo Dipa Energi (GDE) revealed that it contributed to state revenues of Rp200 billion in one year.

Director of Commerce and Exploration Development, PT Geo Dipa Energi Ilen Kardani said that the company has on average paid a deposit to the state treasury of approximately Rp. 200 billion per year.

However, he emphasized that Geo Dipa Energi's contribution to the government varies annually.

"For the illustration, this year (2023) we provide deposits to the state of approximately Rp. 200 billion. It fluctuates, but more or less like that because the activity of the number of productions per year fluctuates. For this year approximately Rp. 200 billion deposits to the government," he said in Media Briefing, Thursday, November 7.

In addition, Ilen conveyed that his party also provided deposits to regional treasury through Regional Original Revenue (PAD) of around Rp. 2 billion.

"Regional income for geothermal from West Java, only from Kabuten Bandung, so it's around Rp. 2 billion from Geo Dipa," he said.

Ilen said the benefits provided by the company were also felt by the surrounding community through the Geothermal Power Plant (PLTP) operated by Geo Dipa Energi such as PLTP in Patuha which also provided life for the surrounding community from providing jobs, training, business opportunities to scholarships.

"Mmultiplier effect from an economic point of view for the area around the geothermal area," he said.

Ilen conveyed that the presence of Geo Dipa Energi's PLTP in Patuha and Dieng is quite large, where about 20 percent of the surrounding community is employed by Geo Dipa Energi.

In addition, Ilen explained that Geo Dipa has succeeded in producing electricity from PLTP Patuha reaching 4 million Kilowatt Hours (KWh) since it was first produced or around 42 gigawatt hour (GWh) per month.

The highest production achieved by Geo Dipa Energi in all PLTP owned will occur in 2023 with an achievement of up to 498 GWh.

Meanwhile, the Director General of State Assets of the Ministry of Finance (Kemenkeu) Rionald Silaban said that in the last few years PT GDE had contributed dividends to the government.

Rio said the government was committed to the energy transition. So that it also provides support to PT GDE in the form of State Capital Participation (PMN) and other assistance.

Based on data from the Ministry of Finance, the last government provided support to Geo Dipa Energi amounting to Rp1.3 trillion, namely in 2015 amounting to Rp607 billion and in 2020 amounting to Rp700 billion.

"We hope that geothermal power plants in Indonesia will continue to grow. Even though the electricity tariffs sold by GDE can be considered necessary, the company still manages to produce electricity at an efficient rate," said Rionald.

In 2023, Geo Dipa recorded a production achievement of 825 GWh which contributed to the company's revenue of Rp1,049 billion and a net profit of Rp219 billion.

As for supporting the sustainability of the Dieng 2 and Patuha 2 PT PII development projects together with the government, signed a government guarantee with a total guarantee of US$355 million.