Indonesia is pushing to include the Java-Sumatra interconnection transmission line project as one of the first projects to be funded through the Just Energy Transition Partnership (JETP), the JETP secretariat says.
ndonesia is pushing to include the Java-Sumatra interconnection transmission line project as one of the first projects to be funded through the Just Energy Transition Partnership (JETP), the JETP Secretariat says.
Indonesia’s JETP Secretariat head Edo Mahendra said the government would include the transmission line project in the upcoming 2024-2034 long-term electricity procurement plan (RUPTL).
The secretariat said it would prioritize concessional loans under JETP pledges to finance several grid projects with the Java-Sumatra transmission line as one of them along with the Sumatra backbone, the Sulawesi loop and, if possible, the Sumatra-Batam-Bintan transmission line.
“The project must be included in the RUPTL, the business plan. But we all have agreed, the project is central to channeling renewable energy into Java, etc.,” he said on the sidelines of the launching ceremony of JETP’s Comprehensive Investment and Policy Plan (CIPP) on Tuesday.
“Just wait for the official announcement,” Edo said in response to the question about the source of financing under the JETP for the transmission line.
Read also: Coal phase-out scheme draws minimal JETP funding
Evy Haryadi, director of transmission and system planning at state-owned electricity firm PLN, said the company saw the JETP as a possible alternative to fund the Java-Sumatra transmission line project.
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