PISP Funds Management Reports
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 the form of geothermal fund facilities from the Pusat Investasi Pemerintah to PT SMI used for financing 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 to support the activities of providing Geothermal Data and Information for the preparation of Work Areas or adding data to the Work Areas.
The management of this PISP Funds is carried out by PT SMI through the following activities:
- Provision of Loans;
- Equity Participation and;
- Data and Information Provision Activities.
Through this reports, PT SMI submits data related to the management and realization of the costs of the PISP Funds each year that has been audited by the Public Accounting Firm.