Funds Management Report of Geothermal Sector Infrastructure Financing (PISP) prepared in the context of reporting compliance with Article 29 of the Minister of Finance Regulation Number 62/PMK.08/2017 concerning Management of Geothermal Sector Infrastructure Financing Funds at the Company (Persero) PT Sarana Multi Infrastruktur (“PMK PISP Funds Management”).
PISP funds are funds sourced from the diversion of government investment in geothermal facilities from Pusat Investasi Pemerintah to PT SMI and used to finance geothermal sector infrastructure and other legitimate sources of funding.
PISP Funds Management aims to support the financing of exploration and exploitation activities and the development of geothermal power plants (PLTP) projects and support the activities of providing Geothermal Data and Information for the preparation of Work Areas or adding data to the Work Areas.
PT SMI manages PISP Funds by providing loans, equity participation, and data and information provision activities.
PT SMI's audited reports below detail the management and realization of the costs of the PISP Funds each year.