Indonesia needs $227B in energy investments
Indonesia needs to invest US$227 billion in its power sector to ensure supply for all by 2029. This is mandated by the General Plan for National Electricity.
Energy and Mineral Resources Ministry director general for electricity Emy Perdanahari told The Jakarta Post that the country's power demand is expected to rise by 9.5 per cent a year or 7,800MW for the next two decades, requiring a yearly investment of US$11.4 billion.
About $200 billion of the fund will be used to build power plants, US$15 billion for transmission networks, another US$15 billion for power houses and US$11.27 billion for distribution networks nationwide.
In ten years, PLN plans to increase electricity capacity to 55,484MW with 12,365MW in the western part of the country, 6,896MW in the east and 36,222MW in Java and Bali.