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Geothermal Clean Energy Investment Project

Abstract*

The development objective of the Geothermal Clean Energy Investment Project for Indonesia is to increase the utilization of clean geothermal-based electricity in order to reduce pollution and improve the environment. The project consists the single component is the investment in geothermal power generation capacity. This component explains investment in confirmation of geothermal resources and steam field development, as well as construction of the...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

The development objective of the proposed project is to increase power generation from renewable geothermal resources, and reduce local and global environmental impacts.

Key Details

Project Details

  • P113078

  • Closed

  • Peter Johansen

  • Ministry of Finance, Republic of Indonesia

  • Indonesia

  • October 30, 2009

  • (as of board presentation)

    July 26, 2011

  • May 24, 2012

  • US$ 574.70 million

  • Pertamina Geothermal Energy

  • East Asia and Pacific

  • 2012

  • US$ 300.00 million

  • A

  • Not Applicable

  • December 31, 2018

  • BANK APPROVED

  • July 16, 2019

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 175.00
Borrower/Recipient 274.70
Clean Technology Fund 125.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 175.00
IDA Commitment N/A
IBRD + IDA Commitment 175.00
Lending Instrument
Grant Amount 125.00
Total Project Cost** 574.70

Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of July 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Sep 21, 2016 IBRD-80820 Loan Disb 3,031,124.00
Dec 8, 2016 IBRD-80820 Loan Disb 1,529,944.50
Nov 29, 2016 IBRD-80820 Loan Disb 107,221.52
Jun 17, 2016 IBRD-80820 Loan Disb 282,038.20
Jun 2, 2016 IBRD-80820 Loan Disb 319,101.60
Sep 23, 2016 IBRD-80820 Loan Disb 2,759.84
Sep 23, 2016 IBRD-80820 Loan Disb 62,365.56
Jul 12, 2016 IBRD-80820 Loan Disb 3,694,179.00
Oct 12, 2016 IBRD-80820 Loan Disb 372,620.60
Nov 28, 2016 IBRD-80820 Loan Disb 46,294.39
Jun 2, 2016 IBRD-80820 Loan Disb 993,539.50
Nov 29, 2016 IBRD-80820 Loan Disb 1,886,192.60
Aug 3, 2016 IBRD-80820 Loan Disb 100,000.00
Aug 15, 2016 IBRD-80820 Loan Disb 6,779,870.50
Oct 27, 2016 IBRD-80820 Loan Disb 209,497.00
Nov 1, 2016 IBRD-80820 Loan Disb 193,561.38
Jun 6, 2016 IBRD-80820 Loan Disb 234,477.77
Aug 17, 2016 IBRD-80820 Loan Disb -30,306.00
Jun 6, 2016 IBRD-80820 Loan Disb 450,807.50
Jun 6, 2016 IBRD-80820 Loan Disb 49,500.00
Jun 6, 2016 IBRD-80820 Loan Disb 81,354.27
Jun 6, 2016 IBRD-80820 Loan Disb 344,250.00
Jun 6, 2016 IBRD-80820 Loan Disb 96,250.00
Sep 20, 2016 IBRD-80820 Loan Disb 699,342.10
Jun 9, 2016 IBRD-80820 Loan Disb 207,784.90
Jun 9, 2016 IBRD-80820 Loan Disb 519,462.25
Aug 17, 2016 IBRD-80820 Loan Disb 38,500.00
Aug 17, 2016 IBRD-80820 Loan Disb 300,882.80
Jun 9, 2016 IBRD-80820 Loan Disb 30,000.00
Aug 17, 2016 IBRD-80820 Loan Disb 30,306.00
Jul 6, 2016 IBRD-80820 Loan Disb 180,323.00
Jul 6, 2016 IBRD-80820 Loan Disb 137,700.00
Jul 6, 2016 IBRD-80820 Loan Disb 208,364.60
Jul 6, 2016 IBRD-80820 Loan Disb 218,677.77
Jun 9, 2016 IBRD-80820 Loan Disb 82,800.00
Oct 15, 2016 IBRD-80820 Int Charges 5,543.78
Oct 15, 2016 IBRD-80820 Int Charges 479,908.94
Jun 9, 2016 IBRD-80820 Loan Disb 41,755.92
Jul 6, 2016 IBRD-80820 Loan Disb 19,800.00
Jun 9, 2016 IBRD-80820 Loan Disb 20,600.00
Oct 3, 2014 IBRD-80820 Loan Disb 1,673,217.20
Oct 3, 2014 IBRD-80820 Loan Disb 846,822.60
Oct 9, 2014 IBRD-80820 Loan Disb 45,291.84
Oct 1, 2014 IBRD-80820 Loan Disb 54,624.14
Oct 1, 2014 IBRD-80820 Loan Disb 55,737.72
Oct 9, 2014 IBRD-80820 Loan Disb 94,815.43
Jun 25, 2015 IBRD-80820 Loan Disb 731,609.44
Apr 13, 2015 IBRD-80820 Loan Disb 1,340,364.40
Jan 12, 2016 IBRD-80820 Loan Disb 121,826.00
Jan 6, 2016 IBRD-80820 Loan Disb 108,267.07
Jan 6, 2016 IBRD-80820 Loan Disb 828,223.30
Apr 15, 2015 IBRD-80820 Int Charges 11,485.29
Apr 15, 2015 IBRD-80820 Int Charges 715.96
Oct 15, 2015 IBRD-80820 Int Charges 61.06
Oct 15, 2015 IBRD-80820 Int Charges 21,782.68
Jan 12, 2016 IBRD-80820 Loan Disb 39,726.02
Jan 7, 2016 IBRD-80820 Loan Disb 496,750.00
Jan 6, 2016 IBRD-80820 Loan Disb 2,070,558.20
Jan 4, 2016 IBRD-80820 Loan Disb 77,500.00
Jan 4, 2016 IBRD-80820 Loan Disb 2,930,880.00
Jan 4, 2016 IBRD-80820 Loan Disb 104,656.50
Jan 4, 2016 IBRD-80820 Loan Disb 537,760.75
Jan 4, 2016 IBRD-80820 Loan Disb 349,704.50
Dec 30, 2015 IBRD-80820 Loan Disb 37,790.00
Jan 4, 2016 IBRD-80820 Loan Disb 98,133.49
Dec 30, 2015 IBRD-80820 Loan Disb 2,712,681.20
Jan 4, 2016 IBRD-80820 Loan Disb 154,500.00
Dec 15, 2015 IBRD-80820 Loan Disb 696,314.30
Jun 20, 2016 IBRD-80820 Loan Disb 6,386,022.50
Sep 30, 2016 IBRD-80820 Loan Disb 2,602,858.50
Jul 6, 2016 IBRD-80820 Loan Disb 1,172,352.00
Nov 14, 2016 IBRD-80820 Loan Disb 356,825.53
Jul 6, 2016 IBRD-80820 Loan Disb 2,708.40
Aug 17, 2016 IBRD-80820 Loan Disb 14,450.00
Aug 17, 2016 IBRD-80820 Loan Disb 53,085.08
Jul 6, 2016 IBRD-80820 Loan Disb 110,229.30
Jun 9, 2016 IBRD-80820 Loan Disb 61,800.00
Jun 7, 2016 IBRD-80820 Loan Disb 112,875.00
Jun 7, 2016 IBRD-80820 Loan Disb 163,724.40
Jun 7, 2016 IBRD-80820 Loan Disb 55,605.66
Nov 22, 2016 IBRD-80820 Loan Disb 39,900.04
Aug 31, 2016 IBRD-80820 Loan Disb 913,084.60
Nov 22, 2016 IBRD-80820 Loan Disb 19,059.65
Dec 6, 2016 IBRD-80820 Loan Disb 2,030,986.90
Jun 7, 2016 IBRD-80820 Loan Disb 20,283.36
Jun 7, 2016 IBRD-80820 Loan Disb 203,030.06
Jun 7, 2016 IBRD-80820 Loan Disb 139,881.80
Jun 7, 2016 IBRD-80820 Loan Disb 217,765.60
Jun 7, 2016 IBRD-80820 Loan Disb 51,500.00
Jun 7, 2016 IBRD-80820 Loan Disb 6,771.00
Jun 7, 2016 IBRD-80820 Loan Disb 200,791.62
Sep 26, 2016 IBRD-80820 Loan Disb 637,910.00
May 23, 2016 IBRD-80820 Loan Disb 75,000.00
May 23, 2016 IBRD-80820 Loan Disb 752,207.00
May 23, 2016 IBRD-80820 Loan Disb 104,389.81
May 23, 2016 IBRD-80820 Loan Disb 86,517.32
May 26, 2016 IBRD-80820 Loan Disb 7,509,770.00
May 31, 2016 IBRD-80820 Loan Disb 133,281.27
May 31, 2016 IBRD-80820 Loan Disb 203,418.19
May 23, 2016 IBRD-80820 Loan Disb 207,000.02
May 23, 2016 IBRD-80820 Loan Disb 132,712.70
Dec 30, 2015 IBRD-80820 Loan Disb 544,414.00
Jan 4, 2016 IBRD-80820 Loan Disb 409,311.00
Dec 10, 2015 IBRD-80820 Loan Disb 494,937.00
Jan 4, 2016 IBRD-80820 Loan Disb 223,184.62
Jan 4, 2016 IBRD-80820 Loan Disb 664.45
Jan 4, 2016 IBRD-80820 Loan Disb 15,607.97
Jan 4, 2016 IBRD-80820 Loan Disb 97,047.22
Jan 4, 2016 IBRD-80820 Loan Disb 216,293.30
Jan 4, 2016 IBRD-80820 Loan Disb 62,855.10
Sep 28, 2015 IBRD-80820 Loan Disb 1,671.89
Jan 14, 2016 IBRD-80820 Loan Disb 6,110,193.50
Mar 28, 2016 IBRD-80820 Loan Disb 47,187.78
Mar 17, 2016 IBRD-80820 Loan Disb 520,911.50
Jun 9, 2016 IBRD-80820 Loan Disb 11,000.00
Jul 1, 2016 IBRD-80820 Loan Disb 81,212.02
Jul 26, 2016 IBRD-80820 Loan Disb 165,149.69
May 25, 2016 IBRD-80820 Loan Disb 295,130.80
May 31, 2016 IBRD-80820 Loan Disb 98,370.69
May 23, 2016 IBRD-80820 Loan Disb 48,730.40
Oct 15, 2022 IBRD-80820 Int Charges 1,615,484.10
Oct 15, 2022 IBRD-80820 Loan Repay 3,097,067.50
Apr 15, 2023 IBRD-80820 Int Charges 120,089.40
Apr 15, 2023 IBRD-80820 Int Charges 2,824,114.50
Apr 15, 2023 IBRD-80820 Loan Repay 3,174,494.00
Oct 15, 2023 IBRD-80820 Loan Repay 3,251,920.80
Oct 15, 2023 IBRD-80820 Int Charges 60,338.37
Oct 15, 2023 IBRD-80820 Int Charges 3,377,408.00
Apr 15, 2024 IBRD-80820 Int Charges 38,551.26
Apr 15, 2024 IBRD-80820 Int Charges 3,562,229.80
Apr 15, 2024 IBRD-80820 Loan Repay 3,329,347.50
Jul 26, 2011 IBRD-80820 Loan Commitment 175,000,000.00
Jul 26, 2011 TF-10407 Loan Commitment 125,000,000.00
Apr 15, 2018 IBRD-80820 Int Charges 6,218.50
Apr 15, 2018 IBRD-80820 Int Charges 1,404,970.80
Dec 13, 2017 IBRD-80820 Loan Disb 6,621,796.50
Oct 15, 2018 IBRD-80820 Int Charges 2,066,324.60
Apr 30, 2019 IBRD-80820 Loan Cancel 45,955,524.00
Apr 15, 2019 IBRD-80820 Int Charges 2,172,463.80
Oct 15, 2019 IBRD-80820 Int Charges 2,184,400.20
Apr 15, 2020 IBRD-80820 Int Charges 1,751,456.10
Oct 15, 2020 IBRD-80820 Int Charges 1,259,474.10
Oct 15, 2020 IBRD-80820 Loan Repay 2,800,265.20
Oct 15, 2021 IBRD-80820 Int Charges 595,819.80
Oct 15, 2021 IBRD-80820 Loan Repay 2,942,214.00
Apr 15, 2021 IBRD-80820 Int Charges 606,322.90
Apr 15, 2021 IBRD-80820 Loan Repay 2,864,787.20
Apr 15, 2022 IBRD-80820 Int Charges 541,900.56
Apr 15, 2022 IBRD-80820 Loan Repay 3,019,640.80
Oct 27, 2016 IBRD-80820 Loan Disb 6,876.14
Jun 6, 2016 IBRD-80820 Loan Disb 275,573.25
Jun 8, 2016 IBRD-80820 Loan Disb 546,694.40
Nov 17, 2016 IBRD-80820 Loan Disb 127,622.88
Oct 17, 2016 IBRD-80820 Loan Disb 6,916.87
Dec 5, 2016 IBRD-80820 Loan Disb 409,703.72
Dec 5, 2016 IBRD-80820 Loan Disb 75,311.68
Dec 9, 2016 IBRD-80820 Loan Disb 238,414.00
Jun 3, 2016 IBRD-80820 Loan Disb 16,982.89
Aug 29, 2016 IBRD-80820 Loan Disb 17,211.03
Nov 9, 2016 IBRD-80820 Loan Disb 596,035.00
Dec 19, 2016 IBRD-80820 Loan Disb 3,405.00
Aug 3, 2016 IBRD-80820 Loan Disb 2,394,242.50
Nov 9, 2016 IBRD-80820 Loan Disb 1,788,231.40
Apr 7, 2017 IBRD-80820 Loan Disb 40,137.18
May 3, 2017 IBRD-80820 Loan Disb 619,749.60
Apr 7, 2017 IBRD-80820 Loan Disb 19,172.93
May 3, 2017 IBRD-80820 Loan Disb 9,115.92
May 8, 2017 IBRD-80820 Loan Disb 47,516.67
May 11, 2017 IBRD-80820 Loan Disb 136,889.22
May 11, 2017 IBRD-80820 Loan Disb 31,076.41
Apr 6, 2017 IBRD-80820 Loan Disb 423,411.30
Apr 6, 2017 IBRD-80820 Loan Disb 836,608.60
Feb 24, 2017 IBRD-80820 Loan Disb 1,184,660.20
Apr 15, 2017 IBRD-80820 Int Charges 26,980.87
Apr 15, 2017 IBRD-80820 Int Charges 1,068,116.80
Mar 28, 2017 IBRD-80820 Loan Disb 462.06
Apr 4, 2017 IBRD-80820 Loan Disb 88,231.38
Oct 15, 2017 IBRD-80820 Int Charges 5,198.87
Oct 15, 2017 IBRD-80820 Int Charges 1,274,790.90
Mar 1, 2017 IBRD-80820 Loan Disb 9,115.92
Mar 1, 2017 IBRD-80820 Loan Disb 523,487.50
Mar 6, 2017 IBRD-80820 Loan Disb 102,281.54
May 31, 2016 IBRD-80820 Loan Disb 2,619,527.80
Dec 21, 2016 IBRD-80820 Loan Disb 1,400,738.80
Nov 10, 2015 IBRD-80820 Loan Disb 589,737.90
Jan 11, 2016 IBRD-80820 Loan Disb 8,971,823.00
Mar 23, 2016 IBRD-80820 Loan Disb 656,402.00
Mar 3, 2016 IBRD-80820 Loan Disb 198,700.00
Mar 8, 2016 IBRD-80820 Loan Disb 100,732.42
Mar 8, 2016 IBRD-80820 Loan Disb 49,067.50
Mar 8, 2016 IBRD-80820 Loan Disb 657,640.50
Mar 28, 2016 IBRD-80820 Loan Disb 85,401.53
Mar 9, 2016 IBRD-80820 Loan Disb 41,656.51
Apr 15, 2016 IBRD-80820 Int Charges 0.74
Apr 15, 2016 IBRD-80820 Int Charges 112,864.94
Apr 21, 2016 IBRD-80820 Loan Disb 91,159.00
Apr 1, 2016 IBRD-80820 Loan Disb 101,107.38
Mar 11, 2016 IBRD-80820 Loan Disb 1,563.91
Mar 29, 2016 IBRD-80820 Loan Disb 1,125.50
Mar 18, 2016 IBRD-80820 Loan Disb 282,187.50
Mar 11, 2016 IBRD-80820 Loan Disb 569,615.40
Mar 11, 2016 IBRD-80820 Loan Disb 199,371.36
Feb 6, 2017 IBRD-80820 Loan Disb 6,476.56
Feb 6, 2017 IBRD-80820 Loan Disb 19,445.98
Sep 13, 2016 IBRD-80820 Loan Disb 581,952.00
Nov 28, 2016 IBRD-80820 Loan Disb 83,798.80
Nov 28, 2016 IBRD-80820 Loan Disb 619,749.60
Dec 15, 2016 IBRD-80820 Loan Disb 2,405,091.00
Sep 19, 2016 IBRD-80820 Loan Disb 42,767.25
Jun 23, 2016 IBRD-80820 Loan Disb 1,289,172.00
Jun 23, 2016 IBRD-80820 Loan Disb 250,000.00
Jun 7, 2016 IBRD-80820 Loan Disb 27,500.00
Nov 16, 2016 IBRD-80820 Loan Disb 8,512.50
Nov 16, 2016 IBRD-80820 Loan Disb 423,411.30
Jun 8, 2016 IBRD-80820 Loan Disb 546,694.40
Nov 16, 2016 IBRD-80820 Loan Disb 836,608.60
Nov 16, 2016 IBRD-80820 Loan Disb 80,316.65
Oct 18, 2016 IBRD-80820 Loan Disb 5,549,312.50
Aug 24, 2016 IBRD-80820 Loan Disb 218,677.77
Sep 12, 2016 IBRD-80820 Loan Disb 204,855.12
Dec 8, 2016 IBRD-80820 Loan Disb 2,652,369.80
Dec 8, 2016 IBRD-80820 Loan Disb 406,265.88
Mar 11, 2016 IBRD-80820 Loan Disb 289,572.22
Mar 22, 2016 IBRD-80820 Loan Disb 80,186.50
Mar 22, 2016 IBRD-80820 Loan Disb 705,095.50
Nov 15, 2016 IBRD-80820 Loan Disb 403,118.62
Aug 8, 2016 IBRD-80820 Loan Disb 57,735.51
Dec 14, 2016 IBRD-80820 Loan Disb 1,066,691.80
Aug 30, 2016 IBRD-80820 Loan Disb 6,967.60
Nov 15, 2016 IBRD-80820 Loan Disb 16,583.48
Aug 17, 2016 IBRD-80820 Loan Disb -14,450.00
Apr 7, 2016 IBRD-80820 Loan Disb 45,098.96
Apr 4, 2016 IBRD-80820 Loan Disb 1,085,072.50
Apr 4, 2016 IBRD-80820 Loan Disb 25,142.04
Apr 4, 2016 IBRD-80820 Loan Disb 31,000.00
Apr 4, 2016 IBRD-80820 Loan Disb 41,862.60
Apr 4, 2016 IBRD-80820 Loan Disb 15,116.00
Mar 14, 2016 IBRD-80820 Loan Disb 1,072,914.80
Jun 9, 2016 IBRD-80820 Loan Disb 38,818.89
Jul 6, 2016 IBRD-80820 Loan Disb 8,113.34

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Procurement Satisfactory 2018-09-28
Progress towards achievement of PDO Satisfactory 2018-09-28
Project Management Satisfactory 2018-09-28
Financial Management Satisfactory 2018-09-28
Monitoring and Evaluation Satisfactory 2018-09-28
Counterpart Funding Satisfactory 2018-09-28
Overall Implementation Progress (IP) Satisfactory 2018-09-28
Overall Safeguards Rating Satisfactory 2018-09-28

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 06-18-2019
OutcomesSubstantial
Risk to Development Outcome
Bank PerformanceSubstantial
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 12-09-2019PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingModerately Satisfactory N/a
Risk To Development OutcomeN/a
Bank PerformanceSatisfactoryN/a
Borrower PerformanceN/a
Government PerformanceNot RatedN/a
Implementing AgencyN/a
Icr QualitySubstantialN/a
M&e QualitySubstantialN/a

Results Framework

No data available.