Minister approves 2016-2025 RUPTL
Tuesday, June 7 2016 - 02:01 AM WIB
Minister of Energy and Mineral Resources Sudirman Said finally approved on Monday the 2016-2025 electricity procurement business plans (or RUPTL) proposed by state-owned electricity firm PT PLN.
?The RUPTL has been approved and to be published soon,? said Sudirman. The RUPTL document forms as a guideline for private investors to participate in power sector development projects.
The final RUPTL includes key projects such as the South Sumatra 9 and South Sumatra 10 mine mouth power plant projects, and the high voltage direct current transmission (HDVC) project linking Java and Sumatra, which were previously excluded by PLN from the electricity blueprint.
Sudirman said that the HVDC project is important to increase the reliability of electricity supply in Java and Sumatra. ?If Java is surplus, electricity can be supplied to Sumatra, and vice versa,? he said.
Meanwhile, the ministry has also accommodated the wish of PLN to develop up to 10,223 MW of power plants under the planned five-year program to develop 35,000 MW power plant projects until 2019. Following asset revaluation and planned government equity injection of up to Rp 23.56 trillion, PLN is seen to have the capital capacity to develop the power plant projects along with required transmission and relay stations. The government previously wanted PLN to develop only about 5,000 MW, with the bulk of the 35,000 MW target to be developed by private investors, as the state utility will be focused on developing transmission lines and relay stations.
Meanwhile, Director General of Electricity Jarman said that under the RUPTL, PLN has also been given a target to help meet the development of renewable energy sources, so that it would account for 25 percent of the energy mix in 2025.
PLN Head of Corporate Communications I Made Suprateka said that the company is committed to help meet the target and to accelerate power plant development projects.
Editing by Reiner Simanjuntak