Indonesia

The government revealed Friday that it had set up a special task force to support the implementation of its

Indonesia will hold an international conference to draw international investment into new and green energy sources.

Indonesia’s President said the world’s third largest energy company will help Indonesia develop its geothermal resources.

State electricity company PT Perusahaan Listrik Negara (PLN)`s office in Balikpapan, East Kalimantan, suffered an estimated Rp500 million in material losses due to flood and landslide on Thursday.

British Petroleum will take part in the development of geothermal energy projects in Indonesia.

The Indonesian government will spend $367 million or Rp 3.4 trillion coming from its State Investment Agency to construct geothermal power plants.

PLN expects the peak load on its Java-Bali electricity system to reach 20,775 megawatts on November 29, 2012.

The gas and coal power plant project in Timika will commence this year.

The coal-fired power plant in Waai village, Central Maluku, Indonesia is scheduled to start operating in mid-2013.

PLN is targeting to provide electricity for 70 percent of residents in West Kalimantan province by the end of 2012.

Madhucon Project Ltd., an IPP from India, will sell electricity through an independent power producer mechanism at US$5.8099 per kWh to Indonesia's PT PLN.

It will demand heavy investments and political will to increase the share of renewable energy sources in Indonesia’s total energy mix from the current 5% to 17% by 2025.

The first phase of the project aimed at producing 4,135 MW in 2010 but only 930 MW were in fact produced.

Indonesia continued to stress the benefits of a nuclear power plant among the Bangka island population.

The Tanjung Kasam steam power plant in Batam city, Riau Islands will need around 40,000 tons of coal per month once it starts operating.

Indonesian President Susilo Bambang Yudhoyono would announce energy saving programmes by the end of April.