Thu, 20 Feb 1997

Geothermal seminar in Bali

JAKARTA (JP): IBC Asia Ltd., in cooperation with the International Institute of Geothermal Research and Geothermal Energy Association, will organize a seminar in Bali called "Geothermal Power in Asia '97 Conference" from Feb. 24 to 28.

The company announced yesterday geothermal experts from Indonesia, the Philippines, Japan, New Zealand, Turkey, Hong Kong, U.S. and the U.K. would talk about geothermal development, tax incentives, technology transfer, risk management and international financing during the conference.

Regional focus on geothermal power has continued to gather interest against a backdrop of strong government support for cleaner energy, the company said.

"To date, geothermal development has succeeded in attracting substantial international funds particularly in Indonesia and the Philippines," the company said. (bnt)