Can't find what you're looking for?
View all search resultsCan't find what you're looking for?
View all search resultsIndustry observers and experts say that, while the decision to extend the LCGC program to 2031 could help in the short term, the government needs to come up with a road map to secure the country’s electrification push for the long term.
Recent data from the energy ministry show that the COVID-19 health crisis and related restrictive policies have severely impacted the country's 2020 electrification plans and investment realization.
State-owned electricity giant PLN is slated to receive Rp 9.6 trillion (US$695 million) in state capital injections (PMN) from the government this year to develop power infrastructure in Indonesia and increase the country’s electrification ratio.
Indonesia will need private sector help to provide the Rp 11 trillion (US$803 million) in funding required to power isolated regions this year, as the country’s largest electricity company PLN can only fund one fifth of the projects, according to a government official.
Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.
Thank you for sharing your thoughts. We appreciate your feedback.