| Objectives |
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Pandawa Energy aims to become the leading Middle-Market Renewable Energy Company in Indonesia and the Southeast Asia region with specific focus on Geothermal Energy. We plan to continually grow our asset class by producing Green-Renewable Energy using high-technology, operating with high-efficiencies and performance, and expect to become more profitable each year throughout the project life to increase our shareholders wealth while at the same time, improving local communities and environments. Pandawa Energy has a number of geothermal resources in Indonesia in its pipeline for development, many of which are located on the island of Java by those already installed and operating geothermal power plants in the country. In this manner, we have significantly minimized the exploration and exploitation risks associated with greenfield geothermal projects. In the near future, we also seek to develop additional geothermal resources on other islands in the country and around the region, and plan to collectively develop close to 1000 MWE of geothermal resources able to sufficiently supply cheap, clean and reliable power to over 3 million households. Pandawa Energy determines its objective and specific goals to focus on producing clean and sustainable geothermal power from high-quality geothermal resources executed by experienced team members. Supported by experienced international renewable energy partners and investors that include, among others, geothermal power operators, specialized green energy funds and multilateral agencies, as well as reputable international geologists and consultants hand-in-hand working with central and regional governments in the country, we are confident that Pandawa Energy provides a solution to overcome Indonesia's increasing power crisis while helping to reduce greenhouse gas emissions and improve sustainable economies for the local population. |
