• Hitay is the Winner

    KORAN.BISNIS.COM
    24 October 2016

    JAKARTA — Consortium of PT Hitay Daya Energy and PT Dyfco Energy emerged as the winning bidder Geothermal Working Areas Gunung Talang-Bukit Kili with a planned capacity of 20 megawatt development. Based on the Decree of the Minister of Energy and Mineral Resources (ESDM) No. 7257 K / 30 / MEM / 2016, quoted in Business, Sunday (23/10), a consortium Hitay and Dyfco won the tender by offering the lowest electricity price of US $ 12.75 cents per kilowatt hour (kWh). Benchmark price offered in the auction US $ 14.6 cents per kwh. Hitay and Dyfco rid of PT Pertamina ...
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  • Hitay Completes Geothermal Survey in 6 Locations

    Petromindo.com
    26 November 2014

    Turkish firm Hitay Investment Holdings has completed a preliminary survey of geothermal potential in six locations, according to an official at the Energy and Mineral Resources Ministry. Director of Geothermal at the Directorate General of New, Renewable Energy and Energy Conservation (EBTKE), Tisnaldi told to Petromindo.com that Hitay will present the results of the survey at the end of this month. "Hopefully the results of the survey will be successful, so that we can designate the six locations to become Geothermal Working Areas (WKPs). After becoming WKPs, we will auction them and Hitay gets a first right to win them," ...
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  • Three Companies Assigned to do Geothermal Preliminary Survey

    Tempo.co
    21 August 2013

    Tempo.co, Jakarta - Three companies received assignment licenses for preliminary survey to develop geothemal potential in a number of location in Indonesia. The three companies are PT Hitay Group, PT Bumi Lesugolo, and PT Energy Kinan Internasional. They received the official assignment to do preliminary survey in Sumatra, East Nusa Tenggara, and Java. Vice Minister of Energy and Mineral Resources, Susilo Siswoutomo, said that the development of geothermal potentials in Indonesia, as a new and renewable energy resoources, need to be urgently carried out.  "In year of 2020, the utilization of new and renewable energy is targeted to reach 22% ...
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  • Turkish Investor to Invest in South Sumatra

    Palembang Pos
    06 April 2011

    The South Sumatra's success in attracting investment in the region has agained bore fruit recently. This has been marked by the signing of the Memorandum of Understanding (MoU) between South Sumatra Governor, H. Alex Nordin, and a Turkish investor, Mr. Emin Hitay, who is the CEO of one of the largest Turkish company in mining industries. The signing of this MoU was witnessed by President of Indonesia, SBY, and President of Turkey, Abdullah Gul, in the sidelines of Business Forum Indonesia - Turkey in Ritz Carlton Jakarta, Tuesday (05/04). In addition to the Presidents from both countries, a number of ...
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  • Hitay to Invest 10,4 million USD

    Ebtke.esdm.go.id
    13 March 2013

    Ebtke.esdm.go.id - A corporate venture capital group from Turkey, Hitay, is gearing up to invest 10,4 million USD to conduct preliminary surveys in eight geothermal working area in Indonesia. These surveys will be carried out by Hitay's business unit in Indonesia. Among those geothermal working area are Mount Tandikat and Singgalang, Mount Dingin, Mount Talamau. Other than that, also Runcing, Lawang, Tanjungsakti, Rawas, and Bromo-Tengger volcanic area. However, for the Rawas and Runcing area, due to consideration of conservation forest area, the survey activities will be shifted to East Java area and has been approved by the East Java Governor. ...
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