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Jakarta Post

Govt to allow private firms to export electricity

  • Alfian

    The Jakarta Post

Jakarta   /   Wed, September 16 2009   /  02:19 pm

Albeit under strict regulations, the govern-ment will now allow private firms investing in electricity generation and distribution to export power. The move is part of government efforts to attract private companies to participate in the power industry, something that did not happen under the monopoly state utility PT Perusahaan Listrik Negara (PLN). The monopoly ended last week when the House of Representatives endorsed the electricity bill, opening up Indonesia's electricity procurement to private investors, regional cooperatives and local government. The electricity law is designed to reduce dependence on government subsidies, expected this year to hit Rp 47.5 trillion (US$4.7 billion), down from Rp 82 trillion in 2008. Despite government subsidies some parts of the country regularly suffer blackouts and about 35 percent of the population are not yet connected to t...