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oversupply

No permits issued yet for Chinese cement factory in Aceh, minister says
Markets 1 year ago

PREMIUM
No permits issued yet for Chinese cement factory in Aceh, minister says

The minister did not specify whether the government would approve or reject the proposal from the Chinese investors to erect its cement factory.
PLN expects power oversupply to end in 2028
Markets 1 year ago

PREMIUM
PLN expects power oversupply to end in 2028

An excess supply of electricity in the Java-Bali grid, which has been blamed for hampering the development of renewable power, is expected to be resolved in 2028, says an executive at the state-owned electricity firm.
New Caledonia's Prony Resources faces cash crunch on nickel slump
Markets 1 year ago

New Caledonia's Prony Resources faces cash crunch on nickel slump

After years of losses, France is trying to work out an agreement by the end of the month to bolster the producers through investments to help reduce costs.
PLN mulls shutting down Suralaya 3 and 4 coal-fired power plants
Regulations 2 years ago

PREMIUM
PLN mulls shutting down Suralaya 3 and 4 coal-fired power plants

State-owned electricity company PLN is considering shutting down the Suralaya 3 and 4 power plants as part of its coal phase-down plan.
The shadow over solar power
Editorial 2 years ago

The shadow over solar power

President Jokowi should assert his leadership, if he is really serious about achieving the renewables target he flaunted at the G20 Summit in Bali.
Manufacturing industry key to solving electricity oversupply bottleneck
Economy 2 years ago

PREMIUM
Manufacturing industry key to solving electricity oversupply bottleneck

Getting more manufacturing facilities to use electricity generated by the state electricity firm PLN could be the easiest way to tackle the country’s electricity supply glut, energy experts say.
Jakarta’s office market to remain under pressure in 2021: Colliers
Business 5 years ago

Jakarta’s office market to remain under pressure in 2021: Colliers

More than half of Jakarta’s 10.3 million square meters of office space is located in the CBD.
Coronavirus speeds up big oil's shift to green
Business 5 years ago

Coronavirus speeds up big oil's shift to green

With oil prices blasted by a double blow of oversupply and demand throttled by the coronavirus crisis, some industry giants are eyeing less polluting investments as bets on a less hydrocarbon-heavy future.
Govt revokes export ban on PPE amid oversupply
Business 5 years ago

Govt revokes export ban on PPE amid oversupply

The Trade Ministry has lifted an export ban on personal protective equipment (PPE) amid oversupply in national production as it seeks to restore exports hard hit by the COVID-19 economic crisis.
US oil prices jump after massive rout
Business 5 years ago

US oil prices jump after massive rout

US benchmark West Texas Intermediate for June delivery was up almost 10 percent at US$12.68 a barrel.
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