Geothermal Power Asia Congress 2013 sees more Success in Geothermal Projects

Indonesia, projected to be the World's 7th largest economy by McKinsey & Company by 2050

Jakarta, Indonesia, Apr 1, 2013 - Geothermal Power Asia Congress 2013 will be taking place from May 21-22 in Jakarta, Indonesia. GPAC 2013 provides you an opportunity to meet active players across the value chain in Indonesia and neighboring countries to share proved experience, ideas, and learn in-depth insights.

GPAC 2013 also invites eminent speakers to share their ideas to help with an in-depth understanding on policy and fiscal incentives. Such as Freddy R. Saragih, Director, Centre for Fiscal Risk Management, Fiscal Policy Office, Ministry of Finance; Tamba Parulian Hutapeo, Deputy Chairman of Investment Planning Investment Coordinating Board (BKPM); Soritaon Siregar, Chairman, Indonesia Investment Agency (PIP); Tim Anderson, Trade Commissioner to Indonesia, New Zealand Trade and Enterprise, and Nyoman Iswarayoga, Director of Climate Change and Energy, WWF-Indonesia.

Indonesia, projected to be the World's 7th largest economy by McKinsey & Company by 2050, has witnessed a stable 6% GDP Growth over the past years. With nearly 40% of the world's geothermal potential, it is now on a fast track to expand its renewable energy capacity by increasing its geothermal installed capacity to 6,000MW by 2015 and provide 25% of national energy consumption by 2025, meaning a 14 billion USD investment will be needed if the target is to be met.

To this end, the Indonesian government has made progressive efforts to foster a stable and conducive environment to attract private investors' involvement by streamlining the tendering process, setting up specific geothermal funds and more importantly, increasing feed-in-tariffs for power generated from geothermal plant. It's a great moment for the industry, challenging yet exciting...

There are 150+ executive attendees and 25+ decision makers like regulatory agencies, project developers, operators, EPC contractors, equipment providers, investors, law firms and analysts will join this two day event.

At this event, you will hear the above speakers and experienced experts in geothermal power industry discuss topics like these: Political and fiscal Incentives Study; Geothermal resources data enhancement and availability; Geothermal power generation in oil field; Financing and investment climate and solutions; Advancement in drilling, exploration and power generation efficiency; Forest geothermal resources development and challenges.

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For the latest information and registration details, please email us or call the hotline: +86 21 58300710.

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