System overload: Indonesia's private power plans may be too ambitious
Article Abstract:
Indonesia's plans to seek private financing for 14 new power-generating projects have led some industry observers to fear that the country may be moving too quickly into the risky area of private-sector power development. Seven projects are in Java, including the $2 billion Paiton complex. Perusahaan Umum Listrik Negara, the national power utility, is overseeing the projects and the efforts to secure backing from Indonesia's traditional foreign lenders, particularly Japanese banks. Uncertainty about the government's goals and actions is an additional cause of worry.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1993
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Vapour trail
Article Abstract:
Indonesia is relying at least temporarily on electric-generating plants that use natural gas rather than coal. Gas-powered plants can be completed in less time and are therefore the preferable means of meeting Indonesia's skyrocketing demand for electricity. The country is likely to turn gradually to coal as a more enduring source of energy. Pertamina, the state-owned oil company, has been accused of slowing the building of new gas-powered plants.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1993
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Picking a time to pump it up
Article Abstract:
Indonesian government officials are debating how best to develop the Cepu field, the largest oil discovery in the country within the last 30 years. The officials must decide either to let Exxon Mobil develop the field or wait about ten years so that Pertamina can develop the field.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 2003
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