Indonesia

Up to 300 Chinese investors have expressed a strong interest in infrastructure and environmentally friendly energy projects in Indonesia.

China Gezhouba Group plans to construct a $1bn hydroelectric power plant in Indonesia's Sulawesi Selatan province.

PT Praba Indopersada and the Gezhouba Group have formed a joint venture to construct PLN's 100MW coal-fired power plant in West Kalimantan, Indonesia.

Asia’s energy demand is extremely high. In many low- and middle-income countries, access to energy - sustainable or conventional - is seriously lacking. Even in a major emerging economy like India, energy is too scarce and expensive for much of the population. By financing energy projects in the private sector, development banks help provide more people with access to energy, boosting economic development and improving living standards. Energy is, after all, the quintessential engine of economic and social growth.

Perusahaan Listrik Negara is opening tenders for seven coal-fired power plants with a total capacity of 1,650 megawatts.

The  JBIC is ready to finance the development of two power plants in Central Java and North Sumatra with a total value of more than US$1 billion.

Daewoo plans to build a $290 million power plant in North Sumatra that will supply 60 megawatts of electricity to state utility provider Perusahaan Listrik Negara.

General Electric has allocated US$1.2 billion to finance its expansion outside Java with a brand new office in East Kalimantan province's capital of Balikpapan.

PT PLN will install solar panels worth US$138.76 million for 340,000 new customers in eastern Indonesia this year.

YTL Power will bid for a $3 billion coal-fired power plant in Central Java, Indonesia, in partnership with a number of Japanese firms.

PLN announced it would buy electricity from a 30 MW wind farm run by Viron Energy in Sukabumi, West Java.

Overview On 16 February 2011, the Minister of Energy and Mineral Resources (the MEMR) issued a new regulation on Electricity Pricing for Indonesian Geothermal Projects (MEMR Reg 2/2011). This new regulation is important because it obliges PT Perusahaan Listrik Negara (Persero) (PLN) to buy electricity from independent geothermal power producers and sets price guidelines for the purchase of the power by PLN under the applicable power purchase agreements (PPAs). This regulation will be used as a reference for all geothermal power projects in Indonesia. The procedure for establishing tariffs for Indonesian geothermal power projects has lacked clarity for some years. We expect that MEMR Reg 2/2011 will provide greater certainty to the process of settling tariffs for such projects, thereby expediting the negotiation of geothermal PPAs and helping to provide much-needed impetus to the development of this sector.

Tetra Tech will help the Indonesia expand its domestic energy supply to provide power to 90 per cent of its population by 2025.

ADB is extending $200 million in loans partly to assist Indonesia embark on major energy efficiency improvements in export industries.

Despite the Japan nuclear crisis, Indonesia will press on with plans to build a nuclear plant close to a fault line.

Viron Energy has gotten approval from the Energy and Mineral Resources Ministry to construct a 30MW wind power plant in Sukabumi, West Java, Indonesia.