Indonesia mulls selling power to Malaysia, Thailand, Singapore

It targets to make cash cows out of to-be-completed coal power plants.

The Indonesian government is planning to sell electricity to neighbors Malaysia, Thailand, and Singapore as it eyes squeezing more profits from Sumatran coal mine-mouth power plants that are yet to be completed.

Bambang Brodjonegoro, head of National Development Planning Board, said that the power plants will generate excess capacity, making the sell-off plan feasible. Power demands in peninsular Malaysia and Southern Thailand are huge, he said, and Indonesia can readily step in to provide electricity at competitive prices.

He added that the government can sell the power abroad via underwater cables.