940
+1.08%
Close of 9 Nov 2026, in IDR
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About Pertamina Geothermal Energy PT Tbk
Its shares trade on IDX under the ticker PGEO.JK. It has been listed since 24 February 2023.
PT Pertamina Geothermal Energy Tbk engages in the generation of geothermal power energy. The company is headquartered in Jakarta, Dki Jakarta. The company went IPO on 2023-02-24. The firm's geographic segments include Kamojang, Lahendon, Ulubelu, Karaha, Lumut Balai and Other segments. Its operational activities include Own Operations and Joint Operating Contracts (JOCs) with PLN. The company manages about 13 geothermal working areas (WKP) and 20 geothermal power stations (PLTP) with 672 mega watts (MW) installed capacity that are operated directly by the Company (Own Operation). Its JOCs have about 1205 MW of installed capacity. Its working areas in JOCs include Gunung Salak, Darajat, Wayang Windu, Sarulla and Bedugul Bali. The company is carrying out development projects in three WKP in Hululais, Lumut Balai (Unit II) and Sungai Penuh. The company is carrying out exploration in two geothermal field located in Bukit Daun, Bengkulu and Seulawah, Nanggroe Aceh Darussalam. Bukit Daun geothermal exploration area is located in Rejang Lebong and Lebong Regencies, Bengkulu Province.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Utilities
- Industry
- Independent Power and Renewable Electricity Producers
- Listed since
- 24 Feb 2023
- Employees
- 504
- Website
- pge.pertamina.com/en ↗
Leadership
Pay as last reported
- Mr. Julfi HadiPresident DirectorIDR 1.4m
- Mr. Yurizki RioDirector of Finance
- Mr. Edwil SuzandiDirector of Exploration and Development
- Mr. Ahmad YaniDirector of OperationsIDR 1.2m
- Mrs. Kitty AndhoraCorporate Secretary
- Mr. John AnisCommissioner
- Mr. Gigih AtmoCommissioner
- Mr. Abdul Musawir YahyaIndependent Commissioner
- Mr. Abdulla ZayedIndependent Commissioner
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 61
- Environment
- 99
- Social
- 66
- Governance
- 18
- Direct emissions (scope 1)
- 89,159.78 t
- Energy emissions (scope 2)
- 1,854.82 t
- Value chain emissions (scope 3)
- 118,946.92 t
- Women in the workforce
- 12%
- Carbon reduction policy
- Yes
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Pertamina Geothermal Energy manages 13 geothermal working areas with 672 MW capacity.
- The company operates 20 geothermal power stations directly with 672 MW installed capacity.
- Pertamina Geothermal Energy has JOCs with PLN for 1205 MW capacity in Gunung Salak and Darajat.
Weaknesses
- The company has only 504 employees for managing 13 geothermal working areas.
- Pertamina Geothermal Energy's development projects are limited to three WKP in Hululais.
- The company's exploration is restricted to two geothermal fields in Bukit Daun and Seulawah.
Opportunities
- Pertamina Geothermal Energy can expand its geothermal power stations in Lumut Balai Unit II and Sungai Penuh.
- The company can develop additional geothermal fields in Bukit Daun, Bengkulu, and Seulawah, Nanggroe Aceh Darussalam.
- Pertamina Geothermal Energy has potential to increase capacity in Kamojang and Lahendon segments.
Threats
- Pertamina Geothermal Energy faces challenges in managing 13 geothermal working areas with limited staff.
- The company's JOCs with PLN might face regulatory changes affecting 1205 MW capacity.
- Pertamina Geothermal Energy's exploration in Bukit Daun and Seulawah could encounter geological risks.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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