Hitay Energy Holdings aims to be the leading geothermal power producer in Indonesia with its projects throughout Indonesia. Considering the fact that Indonesia has 40% of the global geothermal capacity, there is a huge potential to grow as it currently utilizes only 5% of its geothermal power capacity. The Indonesian government also supports the development of new geothermal resources through its fast track program in order to achieve the target of 35,000 Mwe in additional power plants within the next 5 years.

Hitay was awarded with Preliminary Surveys (PSP) by the Minister of Energy and Mineral Resources in 2013, 2014 and 2015 (covering remote sensing, geological, geophysical, and geochemistry works), and one Geothermal License (“IPB”) in Gn. Talang – Bukit Kili, West Sumatra in 2017. Hitay is getting ready to start drilling in 2018 with a COD (Commercial Operation Date) target within the next 5 years.

With the dedication and hard work of its staff along with full support from the local and the central governments, Hitay is confident that it will successfully achieve all of its projects’ target.

Regards,
Emin Hitay
Chairman