BKPM promises to facilitate stalled electricity projects

The Investment Coordinating Board (BKPM) has promised to help a number of large-scale power projects worth Rp 146.59 trillion (US$11.38 billion) that have been stalled for many years due to licensing problems.

BKPM deputy for investment planning Tamba Parulian Hutapea said the stalled power projects consisted of 10 power plant construction projects with a combined capacity of 8,768.46 megawatt and a transmission project with a capacity of 500 kilovolts.

The 10 power projects — mostly coal-fired power plants — are located in Sumatra: North Sumatra, Jambi, Riau, Bengkulu, South Sumatra; Central Java; South Sulawesi and Bali, according to Tamba.

“The investors have encountered various problems, such as land availability and borrow-to-use permits for forest areas. We are trying to address whether the problems are related to the domain of central or regional administrations,” he said in Jakarta on Wednesday.
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Posted February 20, 2015 by repit in News

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