Indonesia state owned PLN under pressure to expedite contract agreements with smaller independent power producers – Andalas Energy & Power
The government’s 35,000 megawatt (MW) electricity procurement program has continued to show sluggish progress, as development contracts for half the targeted capacity have yet to be completed more than a year after the launch of the flagship program. The ambitious program, with a completion target of 2019, will require the construction of 219 power plants and 737 […]
Indonesia state firms told to triple investment to help stoke growth – Andalas Energy (ADL)
State firms told to triple investment to help stoke growth by Viriya P. Singgih, Jakarta Post State-owned companies are expected to triple their investment value in the next two years to reach Rp 895 trillion (US$68.02 billion) in 2018 in support of President Joko “Jokowi” Widodo’s 6 percent economic growth target. State-Owned Enterprises (SOE) […]
Revolving blackouts loom as power shortages worsen across Indonesia – Jakarta Post
On September 2nd 2015, CEB Resources updated the market, saying it had agreed with PT Akar Golindo (PTAG) to assess the technical and commercial opportunities for monetising gas in and around the Tuba Obi East oil and gas concession in the South Sumatran Basin. The studies investigated both the potential to sell the gas directly […]