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1,020 IDR
35
3.32%
Last update Apr 2, 2:59 PM WIB
Market closed
Day range
1,010
1,050
Previous close
1,055
Open
1,050
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Pertamina Geothermal Energy
1,020.00
35
3.32%

Overview

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Description

Pertamina Geothermal Energy, a key player in the renewable energy sector, specializes in harnessing geothermal resources to produce electricity. It operates as a vital subsidiary of Indonesia's state-owned oil and gas enterprise, Pertamina, reflecting a significant commitment to sustainable energy solutions. The company's primary function is the development and management of geothermal power plants, tapping into Indonesia's rich geothermal reserves to meet the rising energy demands with clean, base-load electricity. Pertamina Geothermal Energy stands out for its contributions toward reducing carbon emissions and decreasing reliance on fossil fuels, aligning with global sustainability goals. The company impacts a variety of sectors, including energy, environmental, and infrastructure, promoting economic growth through renewable resources. With Indonesia possessing one of the largest geothermal potentials in the world, Pertamina Geothermal Energy plays a crucial role in advancing the country's transition to renewable energy sources. This positions it as a noteworthy entity in the financial market, particularly among investors focused on environmentally responsible projects.

About

CEO
Employees
560
Address
Grha Pertamina - Tower Pertamax Lt. 7
Jl. Medan Merdeka Timur No. 11-13 Gambir
Jakarta Pusat, 10110
Phone
62 21 3983 3222
Instrument type
Common stock
Sector
Utilities
Industry
Utilities - Renewable
Country
Indonesia
MIC code
XIDX
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