Skip to main content

Just In

Plum IV and CTR’s Geothermal Critical Minerals Deal Takes Shape

Plum Acquisition Corp. IV and  Controlled Thermal Resources Outline a Large-Scale Geothermal and Critical Minerals Platform Plum Acquisition Corp. IV (“Plum IV”) and Controlled Thermal Resources Holdings Inc. (“CTR”) are moving toward a proposed business combination that would create a public company focused on one of the most ambitious geothermal and critical minerals developments in the United States. The combined entity is expected to trade on Nasdaq under the pro forma ticker CTRH, reflecting a platform built around clean baseload power, lithium recovery, and broader critical minerals production. The investor presentation dated August 2026 frames the transaction around CTR’s Hell’s Kitchen project in Imperial County, California, which is presented as a strategically positioned resource opportunity with energy, minerals, infrastructure, and permitting advantages.   At the center of the presentation is a clear message: this is not just a power project, and it is not j...

PT Geo Dipa Energi Launches Strategic Minor Overhaul Tender for Dieng Unit 1 to Strengthen Geothermal Reliability

PT Geo Dipa Energi Opens Tender for Minor Overhaul of Dieng Unit 1 in 2026

Image: Indonesian Geothermal power plant

PT Geo Dipa Energi (Persero) has opened a tender for the minor overhaul of the Dieng Geothermal Power Plant Unit 1 in 2026, signaling a continued focus on preserving the reliability of one of Indonesia’s most important geothermal assets. The procurement is aimed at selecting a qualified contractor with proven experience in turbine and generator maintenance for thermal power plants, underscoring the technical complexity and operational importance of the work.

The tender, identified as RKS-004-PST/GDE/I/2026, uses a post-qualification bidding method and applies strict administrative, technical, and safety requirements. The schedule places document registration and collection between 26 and 28 January 2026, followed by a mandatory RKS explanation session and field visit on 29 January 2026.

Procurement Scope and Process

The procurement procedure requires prospective bidders to contact procurement@geodipa.co.id to receive instructions for transferring the Rp1,000,000 document fee. After payment, participants must submit a scanned identity card, a stamped power of attorney if represented, and proof of transfer by email to the same address.

The RKS explanation and site visit will be conducted in hybrid form, combining online participation through Microsoft Teams with an on-site session at the Dieng Unit. Attendance is mandatory, and companies that fail to join the session will be automatically disqualified from the next stage. For the site visit, a maximum of three participants, including the driver, may attend, and all are required to wear complete personal protective equipment, including a helmet, safety shoes, and coveralls.

Technical Qualification Requirements

Geo Dipa has set demanding qualification criteria for bidders, reflecting the specialized nature of the overhaul work. Within the last five years, participants must have completed at least three turbine and generator maintenance projects at thermal power plants with a minimum capacity of 50 MW, each valued at no less than Rp8 billion excluding VAT.

In addition, bidders must demonstrate experience in at least two rotor repair projects for 50 MW thermal power plants, with each project worth at least Rp1 billion. Eligible participants must be a limited liability company or a joint operation, hold a valid Geo Dipa E-Procurement certificate, and not be in bankruptcy, under criminal sanction, or subject to court supervision.

Importance of Dieng Unit 1

Dieng Unit 1 entered commercial operation in 2002 with an installed capacity of 55 MW, making it one of the older geothermal assets in Indonesia. After more than two decades of operation, major equipment such as the steam turbine requires periodic maintenance to maintain efficiency, reduce wear, and prevent unplanned shutdowns.

Located in the Dieng geothermal area of Central Java, the plant plays an important role in supplying base-load electricity to the Java-Madura-Bali system. In geothermal power plants, the turbine is a critical component, and even moderate performance decline can affect output, reliability, and operating costs. A carefully planned minor overhaul is therefore essential to sustaining plant performance.

Why Minor Overhaul Is Important

A minor overhaul differs from a major overhaul in scope and duration. Major overhaul typically involves full dismantling and extensive replacement of large components, while minor overhaul focuses on inspection, cleaning, alignment, balancing, limited repair work, and replacement of worn parts.

For a geothermal plant like Dieng Unit 1, this kind of maintenance helps preserve availability, reduce emergency repair costs, and extend asset life. It also supports stable generation, which is crucial for a plant that contributes to continuous base-load supply rather than intermittent output.

Broader Development at Dieng

The tender is taking place alongside a broader expansion strategy in the Dieng field. Geo Dipa has also been advancing the development of Dieng Unit 2, which is planned to add another 55 MW of capacity and strengthen the area’s position as one of Indonesia’s main geothermal hubs.

The expansion program includes new drilling activity and plant construction, with engineering, procurement, and construction handled by a joint operation between PT Timas Suplindo and PT Rekayasa Engineering. This broader development roadmap shows that Geo Dipa is balancing the maintenance of existing assets with the construction of new capacity.

Industry Significance

Indonesia remains one of the largest geothermal resource holders in the world, yet its installed capacity is still well below its total resource potential. In this environment, Geo Dipa’s role as a state-owned geothermal developer is strategically important because it helps turn natural resource potential into dependable power generation.

Maintenance activity such as the Dieng Unit 1 minor overhaul should be seen as part of that broader mission. For geothermal assets, reliable operation is not determined only by drilling and construction, but also by disciplined maintenance of turbines, generators, and auxiliary systems over the full life of the plant.

Operational and Governance Aspects

The tender process also reflects a strong focus on governance and safety. Mandatory participation in the explanation session, compulsory field attendance, and strict personal protective equipment requirements show that the procurement is being handled as a controlled technical process rather than a routine commercial purchase.

This approach is particularly relevant in geothermal operations, where mechanical complexity, high-temperature systems, and environmental hazards require careful planning. A successful contractor will need to deliver the overhaul while maintaining safety, quality, and schedule discipline throughout the project.

Outlook

If completed effectively, the minor overhaul should improve the short- to medium-term reliability of Dieng Unit 1 and support stable electricity production. It may also serve as a reference point for future maintenance programs as Geo Dipa continues to expand its geothermal portfolio in the Dieng region.

For contractors, the tender offers access to a technically demanding project with significant qualification thresholds. For Geo Dipa, it is a practical step toward protecting existing generation assets while advancing long-term geothermal growth in one of Indonesia’s most strategic energy regions.


Source: Petromindo
 

Comments

Popular posts from this blog

Serbia Advances Mišeluk Geothermal District Heating Project in Novi Sad

Serbia Advances Geothermal Drilling for the Mišeluk District Heating Plant in Novi Sad Serbia is moving forward with plans to develop a geothermal district heating system in Mišeluk, a rapidly urbanizing area of Novi Sad. The project is intended to place geothermal energy at the centre of a new low-carbon heating network, supported by solar power and natural gas backup. Exploratory drilling and construction of the heat distribution network are being carried out by JKP Novosadska toplana, Novi Sad’s public district heating utility. The initiative is supported through the United Nations Development Programme’s “Geothermal Energy in Serbia” programme, with financial backing from Slovakia.  The Mišeluk project is important not only because it could provide a new renewable heat source for Novi Sad, but also because it demonstrates how geothermal energy can be integrated into urban development from the earliest planning stages. Rather than retrofitting a geothermal system into an establi...

North America Geothermal Energy Investment Opportunities, Companies, Resources, and Market Outlook

Investment Opportunities in North American Geothermal Energy North America is entering a new investment cycle in geothermal energy. The United States offers the region’s deepest commercial market and the largest advanced-geothermal pipeline; Mexico provides proven high-temperature volcanic resources and an established utility-scale industry; while Canada presents an earlier-stage opportunity centered on sedimentary-basin geothermal, direct-use heating, closed-loop systems, and oil-and-gas technology transfer. The investment case now extends well beyond conventional geothermal power plants. It includes enhanced geothermal systems, advanced closed-loop systems, geothermal heat pumps, district heating, industrial heat, geothermal storage, lithium extraction from geothermal brines, data-center power, and hybrid renewable-energy projects. In the United States, utilities had already procured or agreed to procure 1,007 MW of next-generation geothermal capacity through 12 power-purchase agreem...

€200 Million Dutch Geothermal Financing Accelerates Sustainable Greenhouse Heat Growth

€200 Million Financing Accelerates Dutch Geothermal Energy Cluster in Centraal Oostland A new financing framework of up to €200 million is set to accelerate the development of a major geothermal energy cluster in Centraal Oostland, a greenhouse horticulture region in South Holland, the Netherlands. The facility, arranged by ING and Rabobank for renewable heat infrastructure platform 85 Degrees Renewable, will support the next phase of geothermal development in the region. The funding is expected to finance new geothermal wells, expand heat distribution infrastructure and strengthen the long-term growth of an integrated renewable heat platform serving greenhouse growers. The transaction is significant not only because of its size, but also because it demonstrates the growing ability of geothermal heat projects to attract institutional and bank financing. It highlights a shift from treating geothermal energy as a collection of individual drilling projects toward developing integrated hea...

Nowy Dwór Mazowiecki GT-1 Thermal Water Exploration Well: Project Overview, Funding, and Investment Potential

Nowy Dwór Mazowiecki GT,1 Thermal Water Exploration Well: Project Overview, Funding, and Investment Potential Project background and objectives The town of Nowy Dwór Mazowiecki signed grant agreement No. 52/2025/Wn07/FG,hg,dg on 20 February 2025 with the National Fund for Environmental Protection and Water Management (NFOŚiGW) under the “Making Poland’s Thermal Waters Accessible” priority program. The grant fully funds the execution of a single exploration and appraisal borehole, Nowy Dwór Mazowiecki GT,1, aimed at locating and characterizing geothermal waters for heating, recreational and balneotherapy uses. The direct objective is to perform geological works to identify and appraise thermal water resources and to make them available for municipal and commercial uses. The drilling target is one borehole to a design depth of 2,070 m (±10%). The project’s declared operational target is to assess thermal water yield and temperature to determine suitability for district heating, spa, recr...

NYC Subway Thermal Energy Network Pilot: Geothermal Heat Capture, Radiant Cooling, Seasonal Storage

New York’s Subway Heat Turned into Winter Warmth: The City’s First Transit Thermal Energy Network Pilot Turning platform heat into usable energy — what the Chambers Street and Brooklyn Bridge–City Hall pilot means for urban energy systems New York City has launched a study to design and test a Thermal Energy Network (TEN) that would capture excess heat from two of Lower Manhattan’s hottest subway stations and reuse it to heat nearby municipal buildings. The proposed pilot, centered on the Brooklyn Bridge–City Hall 4/5/6 complex and the Chambers Street J/Z station, is notable for being the first time TENs are being considered inside a U.S. transit system. The plan pairs radiant cooling on platforms with geothermal borehole storage under an abandoned center platform at Chambers Street, converting otherwise wasted heat into a supply that can be stored seasonally and delivered to surrounding municipal facilities during colder months. This initiative sits at the intersection of urban heat r...

New Mexico Tribal Geothermal Development: Energy Sovereignty, Jobs, Investment

New Mexico’s Tribal Lands Poised for Geothermal Development: Opportunity, Challenges, and Pathways to Energy Sovereignty Image:  Located in Lordsburg, Lightning Dock is the only utility scale geothermal power plant in New Mexico. (BLM New Mexico via Flickr) Why geothermal matters for New Mexico tribes, nations, and pueblos Geothermal energy uses heat from the earth to produce electricity or heat buildings directly. For New Mexico — a state with abundant subsurface heat resources — geothermal offers a reliable, low‑emission complement to wind and solar. Unlike intermittent renewables, geothermal provides baseload power capable of supporting grid stability and reducing reliance on fossil fuels. For tribal communities, geothermal has particular appeal: it aligns with many Indigenous values around stewardship, can be developed with relatively low water demand compared with some thermal technologies, and offers long‑term revenue, jobs, and enhanced local control over energy resources. E...

Alphaxioms Interviews Rystad Energy: Geothermal's Inflection Point, Policy, and Drilling Breakthroughs

Geothermal at an Inflection Point: Why Policy, Conventional Resources, and Drilling Breakthroughs Will Define the Next Decade This interview was conducted by Robert Buluma on behalf of Alphaxioms,  responses delivered by  Alexandra Gerken Product manager, Geothermal solution at Rystad Energy   Introduction: The Strategic Crossroads for Geothermal Geothermal energy is entering a decisive phase. After decades of steady but regionally concentrated development, the sector now faces a confluence of technological innovation, policy ambition, and market demand that could either unlock global scale or confine geothermal to niche applications. Alexandra Gerken, Product Manager for Geothermal Solutions at  Rystad Energy , offers a clear-eyed assessment of where the industry stands, which technologies will drive near-term growth, and what must happen for geothermal to become a globally significant source of firm, low-carbon power. Her analysis emphasizes three pillars: the imme...

Green Therma Selects H&P to Drill Denmark’s Longest Geothermal Well

Green Therma Selects H&P to Drill Denmark’s Longest Geothermal Well for Aalborg Heat4Ever Demonstration Denmark is moving from geothermal ambition to execution. Green Therma has selected Helmerich & Payne to drill the Heat4Ever demonstration well near Aalborg, a project that could become one of the country’s most technically ambitious geothermal developments and a meaningful test of closed-loop district heating.   A milestone for Danish geothermal The Aalborg Heat4Ever project matters because it is designed to prove that geothermal heat can be delivered without relying on a natural hot-water reservoir. Instead of producing groundwater from a conventional geothermal field, the system uses a closed-loop pipe-in-pipe design that circulates the same fluid downhole, heats it in contact with hot rock, and returns it to the surface for district heating use.  That distinction is important for Denmark, where district heating is already a major part of the energy system ...

Dynelectro, Syntholene, and the Geothermal SOEC Breakthrough in Iceland

Dynelectro, Syntholene, and the Geothermal SOEC Breakthrough in Iceland Dynelectro’s role in the Syntholene Iceland project highlights a major shift in how the market should think about SOEC technology. For years, solid oxide electrolysis cells have been seen as highly efficient but too difficult to commercialize because of stack degradation, short operating life, and the complexity of integrating them into real industrial systems. This project helps challenge that view by showing how geothermal integration, advanced power electronics, and system-level design can make SOEC a credible industrial solution.   The most important takeaway is simple: the market has often misunderstood SOEC as a technology limited by chemistry alone, when in fact a large part of the challenge is operational. Dynelectro’s approach shows that if the stack is controlled properly and supported by the right electrical architecture, SOEC can move much closer to commercial viability. The Syntholene Iceland ...