| Financier | Commitments |
|---|---|
| Borrower/Recipient | 49.00 |
| Clean Technology Fund | 49.00 |
ID-Geothermal Energy Upstream Development
Abstract*
The development objective of Geothermal Energy Upstream Development Project for Indonesia is to facilitate investment in geothermal power generation and reduce greenhouse gas emissions. This project has two components. 1) The first component, Risk Mitigation for Geothermal Exploration Drilling, will finance a program of activities designed to support geothermal exploration drilling in Indonesia, through: (a) drilling of exploration and confirmation... Show More
Development Objective
The PDO is to facilitate investment in geothermal power generation and reduce greenhouse gas emissions.
Key Details
Project Details
P155047
Active
Muchsin Qadir , Maria Ayuso Olmedo
PT Sarana Multi Infrastruktur (Persero)
December 10, 2015
(as of board presentation)
February 9, 2017
August 4, 2017
US$ 360.30 million
PT Sarana Multi Infrastruktur (Persero),PT Geo Dipa Energi
2017
US$ 49.00 million
A
Not Applicable
December 31, 2025
TBD
BANK APPROVED
April 15, 2024
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | N/A |
| Lending Instrument | |
|---|---|
| Grant Amount | 49.00 |
| Total Project Cost** | 360.30 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
Detailed Financial Activity as of March 31, 2025
No data available.
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Procurement | Moderately Satisfactory | 2025-02-08 |
| Progress towards achievement of PDO | Moderately Satisfactory | 2025-02-08 |
| Overall Implementation Progress (IP) | Moderately Satisfactory | 2025-02-08 |
| Financial Management | Satisfactory | 2025-02-08 |
| Monitoring and Evaluation | Satisfactory | 2025-02-08 |
| Project Management | Moderately Satisfactory | 2025-02-08 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Electric power generation capacity enabled through the issuance of geothermal development licenses Value 0.00 0.00 10.00 Date May 1, 2017 March 31, 2024 December 31, 2025 Comment Estimated GHG emission reduction compared to a business-as-usual baseline Value 0.00 0.00 50770.00 Date May 1, 2017 March 31, 2024 December 31, 2025 Comment Commercial capital mobilized for investment in geothermal power generation (million) Value 0.00 0.00 40.00 Date May 1, 2017 March 31, 2024 December 31, 2025 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Total generating capacity-equivalent of steam yield from all wells drilled when converted to equivalent standard diameter well production Value 0.00 0.00 3.00 Date May 1, 2017 March 31, 2024 December 31, 2025 Comment Practice guides for safeguards implementation Value 0.00 0.00 2.00 Date May 1, 2017 March 31, 2024 December 31, 2025 Comment Average generating capacity-equivalent of steam yield per well drilled when converted to equivalent standard diameter well production Value 0.00 0.00 3.00 Date May 1, 2017 March 31, 2024 December 31, 2025 Comment Issuance of geothermal development licenses Value 0.00 0.00 0.00 Date May 1, 2017 March 31, 2024 December 31, 2025 Comment Estimated increase in the number of connected households for the associated local electricity networks Value 0.00 0.00 17900.00 Date May 1, 2017 March 31, 2024 December 31, 2025 Comment Estimated direct project beneficiaries Value 0.00 0.00 71600.00 Date May 1, 2017 March 31, 2024 December 31, 2025 Comment Delivery of Inferred Resource Capacity Reports by Exploration Management Team Value 0.00 0.00 1.00 Date May 1, 2017 March 31, 2024 December 31, 2025 Comment Villages located next to exploration sites with at least one public consultation held Value 0.00 100.00 100.00 Date May 1, 2017 March 31, 2024 December 31, 2025 Comment Share of public consultations segregated by gender Value 0.00 12.00 50.00 Date May 1, 2017 March 31, 2024 December 31, 2025 Comment Estimated female beneficiaries Value 0.00 0.00 50.00 Date May 1, 2017 May 21, 2018 December 30, 2022 Comment