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View all search resultsState-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.
President Joko “Jokowi” Widodo has boasted that the country has achieved 98.05 percent electrification, higher than the 67.2 percent it recorded in 2010. The government aims to electrify 99.9 percent of Indonesia by the end of 2019. Despite closing in on the finish line, the last few kilometers to provide electricity in rural areas have been tough, regional PLN officials said.
The government has criticized its regional counterparts for not supporting the national electrification program in terms of funding as the state budget is insufficient to ensure an electricity supply to all parts of Indonesia.
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