PJB allocates Rp 1.2t capex this year

By Cepi Setiadi

PT Pembangkitan Jawa Bali (PJB), a wholly-owned subsidiary of state owned electricity company PT PLN, has allocated Rp 1.2 trillion for capital expenditure (capex) this year.

Muljo Adji, acting President Director PT PJB told Petromindo.com at the recent Bali Clean Energy Forum 2016 that the funds will be used for internal operational expenses.

"As we are taking care of many big capacity power plants, surely we need big expenditure," he said, adding that the funds will be used for power plants maintenance and repair, and coal purchase.

Muljo said that this year the company will need coal supply of around 2 million tons. "So far our (coal) need is around 2 million tons, same with the previous year," he said.

Editing by Reiner Simanjuntak