Key Terms in Power Purchase Agreement
MEMR sets main provisions that shall be included in the PPA between PT PLN as buyer and business entities as seller.
Indonesia’s iron and steel imports reach all-time high in 2018
The infrastructure development in various areas saw an increasing demand for several materials which could not be produced domestically.
Ministry encourages implementation of policy in downstream industry
The Ministry of Industry will consistently encourage the implementation of the policy in the downstream industry to increase the value addition of domestic raw materials.
Asian Development Bank agrees to finance power plant in Indonesia
The Asian Development Bank (ADB) has agreed to finance Indonesia’s largest combined-cycle gas turbine (CCGT) power plant, Jawa-1.
Documents Show Indonesia Released Banned N. Korean Coal
Indonesia has released seized North Korean coal in apparent violation of U.N. sanctions, posing a challenge to U.S.-led international efforts to crack down on Pyongyang’s sanctions evasion
Indonesia electricity chief charged with bribery over coal-fired power plant
Investigators in Indonesia have charged the head of the state-owned power utility with corruption in connection to a coal-fired plant being built in Sumatra.
Limitation of the Use of Cash in Transactions
A cash transaction is a transaction method that is commonly used by Indonesian citizens. However, as time goes by, this matter will indirectly lead to particular advantages and disadvantages.
Power infrastructure to drive Indonesia’s energy sector growth
Construction of power infrastructure — chiefly coal-fired power plants — will remain the primary driver of growth in Indonesia’s energy and utilities sector for the near future, said Fitch Solutions Macro Research in a Jan 16 report.
PLN to acquire coal mines to secure supply
State-owned electricity firm PLN is set to acquire coal mines as part of its plan to secure 40 percent of the coal demand for its power grid – which last year absorbed 95 million tons of coal – by 2023.
BKPM issues 1,239 business registration numbers daily
The Investment Coordinating Board (BKPM) issued 1,239 business registration numbers (NIB) per day during the period of January 2-11, 2019.