Indonesia’s State Electricity Company PLN has said that it will mobilise funding from foreign resources, given that it needs an investment of around 72 trillion ringgit (4.7 billion USD) per year until 2030 in order to support electricity projects.
Indonesia's state-owned electricity company PLN has axed a project to develop a coal-fired power plant as the country chases its long-delayed commitments to cut carbon dioxide emissions.
The Asian Infrastructure Investment Bank (AIIB) has begun disbursing the 310 million USD loan, which was approved in February 2021, for the Indonesia national power company PT PLN.
Indonesia is planning to build power plants with a capacity of up to 41,000 MW in the next decade, according to a draft of the state electricity company PT Perusahaan Listrik Negara (PLN)'s electricity procurement plan (RUPTL) for the 2021-2030 period.
Indonesian state-owned electricity giant PLN has secured a 500-million-USD “green loan” with a guarantee from the World Bank’s Multilateral Investment Guarantee Agency (MIGA) to keep seven renewable energy projects alive amid the COVID-19 pandemic.
The Asian Development Bbank (ADB) has approved a 600-million-USD loan to help PLN, Indonesia’s state-owned power company, expand electricity access and promote the use of renewable energy in the eastern region of the country.
The State-owned electricity giant PLN estimates that Indonesia needs more than 31,000 new electric vehicle (EV) charging stations by 2030 to reach government goals.
Indonesia’s state utility power company PLN said on May 1 that it will offer free electricity over six months for small-scale businesses and producers.
State electricity company PLN of Indonesia will spend 90 trillion Rp (6.3 billion USD) on financing the development of new electricity infrastructure in 2020, a representative of the company has said.
The Indonesian state-owned electricity company PLN on September 25 signed a memorandum of understanding (MoU) with its Malaysian counterpart, Tenaga Nasional Berhad (TNB), to begin a feasibility study on exporting 600MW of power to the neighbouring country.
The power systems in Indonesia’s Jakarta capital and Java island have been recovered nearly completely on early August 5, 12 hours after a massive blackout occurred in the afternoon of the previous day.
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