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Jakarta Post

GE aims to strengthen its hold on local energy sector in 2013

  • Mariel Grazella

    The Jakarta Post

Jakarta   /   Wed, January 23 2013   /  11:52 am

General Electric (GE) Indonesia, the local arm of the US-based company, is bringing renewable energy technologies to the country to gear up its business in the lucrative power sector, company executives said on Tuesday.

Business in the energy sector was expected to grow exponentially as the government stepped up projects in the sector.

“The energy sector will be the main player of this year and we expect the size of our business in this sector to triple,” GE Indonesia president and CEO Handry Satriago, said on Tuesday.

So far, GE-manufactured gas and steam turbines have been installed in various power plants. The equipment has supported the production of more than 8,000 megawatts of electricity, equal to 30 percent of the country’s electricity output, according to recent data from GE.

This year, he added, GE, in collaboration with Indonesian state power ...