However, the auction process may throw up a little challenge when it comes to administering the potential."Gorontalo (ANTARA News) - Kuwaiti investor Rajan Ethirajan of the Al Subol General Trading, along with Arab investor Jiju Thundiyil John, have expressed an interest to invest in the geothermal power plants in Gorontalo.
The head of Gorontalo Regional Development Board (Bappeda), Budianto Sidiki, said on Wednesday that they expressed an interest soon after Gorontalos Governor Rusli Habibie detailed the regions potential at the opening of an event titled, Indonesia Middle East Update 2016.
Data with the Ministry of Energy and Mineral Resources shows a significant geothermal potential in the Bone Bolango sub-district, Gorontalo. It can produce up to 110 megawatt of electricity supply in Gorontalo and 20 megawatt in the Gorontalo sub-district.
"However, the auction process may throw up a little challenge when it comes to administering the potential," he cautioned.
Much of the hurdle has to do with the central governments regulations, he averred.
He assured that his office will make the best effort to safeguard the interests of these potential investors in Gorontalo.
In terms of regulations and clearance process, he continued, the Governor has guaranteed, through his policies, to make the mechanism easier and investment requirements more concise.
"Although Gorontalo has a surplus availability of power, we would still need the additional supply in the next two to three years," he stated.
(Reported by Adiwinata Solihin/Uu.KR-ARC/INE/KR-BSR/H-YH)
Editor: Priyambodo RH
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