Foreign investors are not late to the party either. Both Japanese and Korean firms have declared their plans to build power plants of various capacities in East Indonesia. Japan Gasoline Ltd. proposes a 1,000 MW power plant in Papua. For the first phase, a 50 MW coal-powered plant will be built in Sorong, a project that is predicted to cost between USD 200 to 300 million. Yoshihiro Shigehisa, Chairman Emeritus of Japan Gasoline has personally met with VP Jusuf Kalla to ask for the government’s support, which Kalla granted.
A consortium of four Korean companies are also planning to build power plants, smaller but in much greater numbers. They are aiming to build 20 plants with a capacity of 10 MW each, spread in Kalimantan, Sulawesi, and Maluku. The 20 plants would be powered by biomass, which would make them environmentally friendly.