Indonesia’s Pertamina inks deal with Turkish Zorlu to build geothermal power plant in Ankara

PT Pertamina Geothermal Energy (PGE), a subsidiary of Indonesia’s state-owned energy company Pertamina, signed a Joint Study Agreement (JSA) on Monday in Jakarta with Türkiye’s Zorlu Enerji to explore the development of a geothermal power plant in Ankara.
Under the agreement, PGE plans to develop a geothermal power generation project within one of Zorlu Enerji’s licensed geothermal exploration zones in Türkiye’s capital.
PGE President Director Julfi Hadi said the agreement will enable the Indonesian company to explore the potential for geothermal collaboration with Zorlu Enerji, enhancing both countries’ strategic roles in accelerating the global transition to clean energy.
Julfi emphasized that the partnership is expected to facilitate technology transfer, create opportunities for developing a robust domestic geothermal industry supply chain, and serve as a magnet for new and renewable energy investments—particularly in Indonesia.
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The agreement follows a Memorandum of Understanding (MoU) signed between Indonesia’s Ministry of Energy and Mineral Resources and Türkiye’s Ministry of Energy and Natural Resources in February 2025.

The JSA between Pertamine and Zorlu stems directly from this MoU signed during the inaugural meeting of the High-Level Strategic Cooperation Council, co-chaired by President Recep Tayyip Erdogan and Indonesian President Prabowo Subianto in Indonesia.
The council was established to promote joint initiatives, particularly in the renewable energy sector.
PGE has previously engaged in similar collaborations with other Turkish companies. In an earlier initiative, it signed a Non-Disclosure Agreement (NDA) with Kipas Holding to conduct joint exploration studies focused on geothermal resources.