Electricity investment targeted to increase this year
Monday, January 4 2010 - 02:21 AM WIB
Director General of Electricity Jacobus Purwono attributed the sharp increase in the investment in the electricity sector to the large amount of investment needed for the construction of power plants to be built under the first 10,000-megawatt power plant development plan.
?Investment in the electricity sector will remain high this year due to the large amount of funds needed for the first 10,000 megawatt power projects,? he said.
He said that the investment in the electricity sector was projected to decline by 7.9 percent in 2011 to about $9.3 billion. In 2012, the investment in the electricity would further drop by 11.8 percent to $8.9 billion, he added.
For 2013 and 2014, the investment would also further drop to $8.1 billion and $7.4 billion, respectively.
?Between 2010 and 2018, investment in the electricity will decline by between 4 percent and 8 percent annually,? he said, adding that the investment would mostly come from state owned electricity company PT Perusahaan Listrik Negara (PLN), which under the second 10,000 MW power projects and independent power producers (IPPs).
PLN?s newly appointed president director Dahlan Iskan said that in addition to a number of large power plants to be built under the first 10,000-megawatt power plant development plant, the company would also build 100 small-scale power plants with a capacity of between 7 megawatt and 15 megawatt outside Java.
The 100 small-scale power plants would be able to produce power supply of between 1,500 megawatt and 3,000 megawatt, he said. (*)