Hitay Offers Investment of 1 Billion USD for Geothermal Aceh Banda Aceh Hitay Holding offers investment worth 1 Billion USD or approximately Rp. 13 Trillions of Rupiah to work on a 220-megawatt Geothermal project in Gunong Guerudong, Bener Meriah Currently, the Turkish company is a waiting the announcement of the winning bidder from the Ministry of ESDM Besides Hitay, the tender is also attended by KS ORKA, a company originating from China we will soon work on the project, said Mehmet Emin Hitay, Chairman of Hitay Holding Turkey, after meeting with the Governor of Aceh, Irwandi Yusuf at its meeting room on Monday, April 2, 2018. We tender 160 megawatts, but the potential geothermal potential in Gunong Geurudong reaches 220 megawatts total investment that we will do about 1 billion dollars, "said Mehmet. Mehmet said it had visited Aceh four times to discuss the investment plan of Goethermal Gunong Geurudong project.
He thanked for the Aceh Government's support to Hitay Holding Hitay's party will drill 6 wells to obtain geothermal energy sources within two years. Mehmet believes Gunong Geurudong has enormous energy potential and is a very lucrative investment prospect for Hitay Holding as well as for investment in Aceh Meanwhile, the Governor of Aceh, Irwandi Yusuf, in his meeting with Mehmet also offers other investment opportunities. Among other things, investment in Arun Lhokseumawe Special Economic Zone, investment in fishery, agriculture and tourism Irwandi also asked Mehmet to invite other investors in Turkey to invest in Aceh in various fields.