Preliminary Survey and Geothermal Exploration Area Offer: Bora Pulu

Geothermal Exploration Opportunities in Central Sulawesi: The Bora Pulu Area

The Ministry of Energy and Mineral Resources ESDM has recently announced the opening of a tender for a geothermal exploration area in the Bora Pulu region, located in Sigi Regency and Palu City, Central Sulawesi. This is a significant opportunity for business entities engaged in the geothermal sector, offering a potential 52 MWe of geothermal reserves over an extensive area of 78,388 hectares.

The Bora Pulu Geothermal WPSPE

The geothermal Preliminary Survey and Exploration Assignment Area (WPSPE) named Bora Pulu represents a promising site for energy developers. The area is strategically located in Central Sulawesi, a region known for its geothermal potential. With possible reserves estimated at 52 MWe, this project could be a significant contributor to Indonesia's renewable energy goal

Who Can Participate?

The tender is open to business entities with experience in geothermal energy, upstream oil and gas, mineral/coal mining, or power generation sectors. To participate, interested entities must submit a complete application including administrative, technical, and financial documents. Key administrative requirements include a copy of the business entity's establishment deed, taxpayer identification numbers, company profiles, and a statement confirming the company's legal standing.

The Bidding Process

The process for the Bora Pulu WPSPE tender is straightforward, yet rigorous, adhering to the provisions set out in the geothermal sector's legal framework. Interested entities are required to register for the bidding process by submitting their forms between August 5, 2024, and September 4, 2024. The submission can be made in person at the Geothermal PSPE Selection Committee Secretariat in Central Jakarta or by a representative with a power of attorney.

The successful bidder will have the opportunity to conduct geothermal exploration in the Bora Pulu area, with the expectation of entering into a Pre-Transaction Agreement (PTA) with PT PLN (Persero) once exploration is complete and the necessary permits are obtained.

A Step Forward for Indonesia's Geothermal Ambitions

The Bora Pulu geothermal project is part of Indonesia's broader strategy to harness its vast geothermal potential, contributing to the country's renewable energy targets. As one of the world's top geothermal-rich countries, Indonesia's focus on geothermal development is not only crucial for energy diversification but also for reducing its carbon footprint.

Indonesia could be the Next Geothermal magnet as we recently did article on Developments of the 46 MW Nage Geothermal and within a blink of an eye we were hot With Geothermal when Chubu Electric is Keen on banking on the Indonesian Geothermal cake

This tender represents a critical step in unlocking the geothermal resources in Central Sulawesi, paving the way for future energy security and sustainability in the region. As the world shifts towards cleaner energy sources, projects like Bora Pulu underscore Indonesia's commitment to leading the charge in geothermal energy development.

For more detailed information and to participate in the bidding process, interested parties can visit the official EBTKE website, where all relevant documents and forms are available for download here : Port 1, Port 2 ,Port 3

This geothermal initiative in Bora Pulu is an exciting opportunity for those in the renewable energy sector, and its success could set a precedent for further geothermal exploration across Indonesia.

Source:ebtke.esdmwesi

Connect With Us: LinkedIn, X

To place your banner and reach a global Energy Market advertise With us

Email: alphaxiomsgeothermal@gmail.com

Tel: +254701279086

Comments

Geothermal Project Finance Structuring: SPVs, Mezzanine Debt, Blended DFI Finance and Contingent Capital for Drilling Risk

Geothermal Project Finance Structuring: SPVs, Mezzanine Debt and Blended Capital for Drilling Risk Image : A depiction of a geothermal complete project Geothermal power sits in an awkward place on the project finance spectrum. It behaves like long‑lived infrastructure once it’s operating, but it looks like frontier exploration during the early drilling phase. To build bankable deals in that environment, developers and investors have had to invent a toolkit of SPV structures, mezzanine drilling tranches, blended public–private finance and contingent instruments that allocate subsurface risk without blowing up returns. This is not just a technicality for lawyers and bankers. The way geothermal deals are structured determines whether otherwise viable resources ever reach financial close. It also shapes how much upside sponsors keep via GP carry, how quickly equity can recycle, and how development platforms position themselves in a crowded clean‑energy pipeline. Why geothermal is stru...

Poland White Paper Analysis: Regulatory Changes, Market Impact, and Future Trends

Geothermal Energy in Poland: Deep Research Brief Executive Summary Poland represents a rapidly emerging European geothermal heat market, transitioning from a niche sector to a strategic pillar of the country's energy transition. With 8 operational geothermal heating plants, over 43 documented thermal water deposits, and a project pipeline of 72 developments, the sector is poised for significant expansion under the 2022 Geothermal Road Map, which envisages 50 systems by 2040 . Unlike the Netherlands' shallow, low-enthalpy resource, Poland's geothermal assets include higher-temperature reservoirs (up to 90°C at 2,600 meters) and strong government backing through substantial subsidy programs totaling 920 million złotys (€215 million) for 56 drillings between 2016-2025 . Electricity generation remains a secondary, longer-term prospect tied to innovative technologies such as CO₂-EGS systems . 1. Sector Status and Resource Base Current Operational Landscape Poland operates 8 geot...

Hephae Energy Raises $17.8 Million to Deploy Superhot Geothermal Drilling Technology and High‑Temperature MWD Tools for Next‑Generation EGS

Hephae Energy Technology’s $17.8 million Series A marks a major step for “ superhot ” geothermal and advanced EGS , because it funds the commercial rollout of ultra‑high‑temperature drilling tools that can actually survive and steer wells in conditions where legacy oil and gas hardware fails. A new wave of capital for superhot geothermal drilling Hephae Energy Technology Corp ., headquartered in Houston, has closed a $17.8 million Series A round dedicated to bringing its ultra‑high‑temperature drilling systems into full commercial use. This raise lifts the company’s total funding to $24.7 million and effectively moves it from the prototype and pilot phase into a scale‑up trajectory for next‑generation geothermal hardware. For a sector where deep, hot wells are still constrained by tool limitations rather than just resource potential, this is a material inflection point. The round is tightly aligned with the global push toward “superhot rock” and advanced enhanced geothermal syste...

Enhanced Geothermal Systems (EGS) Induced Seismicity: Can We Engineer Earthquakes Safely?

Enhanced geothermal systems are one of the few realistic paths to firm zero carbon power at scale, but they work by deliberately changing stresses in the crust, so induced seismicity is not a bug; it is a built‑in consequence that we have to manage, not eliminate. Image: geothermal wells of power The real question is whether we can design and regulate EGS so that most earthquakes stay tiny and useful as a reservoir diagnostic, and rare felt events stay within a risk envelope society will accept, with clear rules on who pays when something still goes wrong. EGS and induced seismicity Enhanced geothermal systems increase permeability in hot but relatively tight rock by injecting fluid under pressure, which raises pore pressure and shifts effective stresses on pre‑existing fractures and faults. When those faults are close to failure, even modest pressure changes can trigger slip, generating induced seismic events that range from microquakes only instruments detect to felt earthquakes like...

Jnayin Nourah Project Geothermal Cooling Breakthrough in Riyadh Saudi Arabia Campus

Jnayin Nourah Project to Pioneer Open-Space Cooling with PrimeLoop Geothermal Technology Image : The signing ceremony A major new geothermal cooling project in Riyadh is positioning Saudi Arabia at the forefront of next-generation district cooling. The Jnayin Nourah Project, located on the Princess Nourah Bint Abdulrahman University campus, is being developed as the world’s first open-space cooling application using Strataphy’s PrimeLoop geothermal technology. This is a significant milestone because it combines three things that are rarely brought together at this scale: geothermal cooling, district cooling, and open-space deployment. In a region where cooling demand is enormous and water scarcity is a constant concern, the project could become a powerful example of how innovation and sustainability can work together. A global first in cooling The headline claim is bold: this is the first open-space cooling geothermal system of its kind anywhere in the world. The project is...

How AI-Powered Digital Twins Are Transforming Geothermal Reservoir Management

Geothermal Reservoir Digital Twins: How AI Is Transforming Reservoir Management Image : Thematic image of a geothermal heat pump Artificial intelligence and digital twins are quietly rewriting the playbook for geothermal reservoir management. They turn scattered subsurface data into living, predictive models that help operators boost output, cut drilling risk, and extend the productive time. How Geothermal Digital Twins Are Making Reservoirs Smarter, Safer, and More Profitable For decades, geothermal development has been constrained by one brutal fact: you can’t see 3 km underground. You infer, you model, you hope—and sometimes you drill into a dry or underperforming reservoir. AI‑powered geothermal digital twins change that equation by continuously updating subsurface models with real‑time data, making the invisible reservoir behave like a transparent, responsive system. In practice, geothermal digital twins are dynamic software replicas of wells, reservoirs, and surface facilities th...

Direct Air Capture and Geothermal Energy The Ultimate Carbon Negative Solution with Orca in Iceland as a Model for Future DAC Geothermal Carbon Removal Hubs

Direct air capture powered by geothermal is one of the few combinations that can credibly claim to be deeply carbon negative at scale. Image : Direct air capture for fuel production By pairing an energy‑hungry technology with round the clock low carbon baseload, it turns carbon removal from a theoretical idea into industrial infrastructure, and Climeworks’ Orca plant in Iceland is the clearest early example. Direct Air Capture And Geothermal The Ultimate Carbon Negative Combo Direct air capture is simple to describe and hard to do. The basic idea is to pull carbon dioxide out of ambient air and store it permanently underground. The problem is that air is a very dilute source of CO₂, so you have to move huge volumes of air through sorbent materials and then use heat and electricity to regenerate those sorbents. That makes DAC both capital intensive and energy hungry. If the energy comes from fossil fuels, the climate value collapses. If the energy comes from intermittent rene...

Bay of Plenty Aquaculture and Geothermal Investment: Regional Infrastructure Fund Boosts Ōpōtiki Marina and Gas‑to‑Geoheat Renewable Energy Projects

Bay of Plenty’s Blue-Green Future: Inside New Zealand’s Latest Aquaculture and Geothermal Investments Regional development can be a slippery concept. It appears in policy speeches and budget documents, usually with warm words about “unlocking potential” and “supporting communities.” But real regional development is made of concrete decisions: where to build wharves and marinas, where to drill wells, which industries to back with public money, and which risks to share with local partners. In July 2026, the New Zealand Government took two such concrete decisions for the Bay of Plenty. Through the Regional Infrastructure Fund, it committed $12.5 million toward a marina in Ōpōtiki and $3 million toward an early‑stage geothermal exploration project in Tauranga. On paper, aquaculture and geothermal heat might sound like separate stories. In practice, they are two sides of the same coin: a deliberate attempt to use infrastructure to build a blue‑green economic future in the region. Backing Ōp...

Geothermal Rare Earth Elements from Brines: Unlocking Critical Minerals, Lithium, and Strategic Metals from Clean Geothermal Energy

Geothermal brines can become a meaningful source of rare earth elements (REEs) and other critical minerals, but the industry is still in an early, pre‐commercial phase where technology, economics, and policy need to align. Why Geothermal Brines Matter for Critical Minerals Geothermal systems circulate hot, mineral-rich fluids through crustal rocks, dissolving metals and concentrating them in brines that already flow through wells for power and heat. Unlike conventional mining, which moves huge volumes of rock, geothermal operations tap fluids that are already being pumped, monitored, and handled for energy production. Several factors make geothermal brines attractive for critical minerals: - They contain lithium, REEs, and other valuable metals at trace to moderate concentrations. - Infrastructure (wells, pipelines, power plants) already exists at many sites. - Co-production of minerals with baseload renewable energy lowers the carbon footprint of supply chains. For co...

Barito Renewables’ $5 Billion Bid for EDC Signals a New Power Move in Southeast Asia’s Geothermal Market

Indonesian Billionaire Prajogo Pangestu’s $5 Billion Geothermal Bet Could Reshape Philippine Clean Energy A major deal is drawing attention across Southeast Asia’s energy sector: Indonesian billionaire Prajogo Pangestu’s Barito Renewables Energy has made an unsolicited $5 billion offer to acquire Energy Development Corp. (EDC), the largest geothermal company in the Philippines. The proposal, while still non-binding and subject to due diligence and approvals, signals just how strategically important geothermal energy has become in the region’s clean power race. If completed, the transaction would bring together one of Indonesia’s most prominent energy investors and the Philippines’ biggest geothermal operator in a deal that could influence both corporate strategy and regional renewable energy development. Even without a final agreement, the offer alone highlights the rising value of geothermal assets at a time when governments and investors are searching for dependable, low-carbon power...

ALPHAXIOMS Geothermal News & Energy Research

Search This Blog

Just In

GA Drilling: Advanced Geothermal Drilling Technology, Deep Rock Innovation, and Clean Energy Financing