Case study: Projects by Panax Geothermal Ltd

Panax Geothermal Ltd is focusing on four advanced projects, namely Sokoria, Ngebel, Dairi Prima and Jambi which exceed 300 MW in combined capacity. 

Sjaiful Bahri (photo credit: GPA Photo)

According to country manager Sjaiful Bahri, the company is also developing another 60 MW project in Puga Valley, northern India. Although its initial focus was on small to medium-sized projects, it is now seeking participation in large-scale projects with commercially-attractive tariffs.

Panax Geothermal Ltd’s project development plan

*Indexed for first 8 years at US$150/MW/h. Indexed at US$125/MW/h thereafter. Source: Panax Geothermal Ltd

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