Jakarta, Aug. 5 -- PT Danantara Asset Management has orchestrated a geothermal development partnership between state-owned oil company PT Pertamina and state-owned electricity provider PT PLN.

Danantara is supporting the collaboration to boost power generation to advance the national energy security agenda and fast-track the transition to clean energy.

In a statement released on Tuesday, Danantara chief executive officer (CEO), Rosan Roeslani, explained that geothermal energy development is a national strategic agenda to strengthen energy security and encourage the transition to a low-carbon economy.

"Through cross-SOE (state-owned enterprise) collaboration, Danantara supports the creation of inclusive and sustainable economic growth, ...