Skip to main content

Four foreign countries interested to take part in Indonesia's power development: official

From Xhinhuanet.com

Prominent power firm and lenders from Russia, Japan, Kuwait and Germany have pledged their interests to take part in Indonesia's huge power plant projects expected to commence next year, a local media report said Saturday.

Fahmi Mohtar, Director of Indonesian state-run power firm, PT Perusahaan Listrik Negara (PLN), conveyed that he had received representatives of those power firms who conveyed their interests, according to the Detik.com.

The Russian power firm, United Energy System of Russia (RAO UES), wanted to take part in the construction of Indonesia's hydropower plants, coal-fired power plants and geothermal power plants, Fahmi was quoted as saying.

For detail story, visit here

Comments

  1. Thanks for the marvelous posting! I quite enjoyed reading it, you're a great author. I will always bookmark your blog and will often come back down the road. I want to encourage yourself to continue your great work, have a nice holiday weekend!
    Here is my blog post ; toronto star

    ReplyDelete
  2. Hello There. I discovered your blog using msn. This is a really well
    written article. I'll make sure to bookmark it and come back to read extra of your helpful information. Thank you for the post. I'll definitely comeback.
    Check out my web blog wiring electric baseboard heaters

    ReplyDelete
  3. Howdy! This is my first visit to your blog! We are a team of volunteers and starting a new initiative
    in a community in the same niche. Your blog provided us
    beneficial information to work on. You have done a outstanding job!
    My web-site :: dora the explorer treehouse

    ReplyDelete
  4. If some one wishes expert view on the topic of blogging then i advise him/her to visit
    this blog, Keep up the good work.
    My blog - concealed carry

    ReplyDelete
  5. I am very grateful to the Indonesian outlook that is very useful information for the reader.

    ReplyDelete

Post a Comment

Popular posts from this blog

Indonesia's Astra Pins Hopes on Inexpensive Cars

From Wall Street Journal Feb 14, 2013 PT Astra International plans to continue dominating Indonesia's booming car and motorcycle markets by spending billions of dollars on expansion and becoming the first auto maker to sell a car priced to reach the country's emerging middle class. Astra controls 54% of the passenger-car market through joint ventures with Japan's Toyota Motor Corp., Daihatsu Motor Co. and Isuzu Motor Ltd., and holds 58% of the motorcycle-and-scooter market through a joint venture with Honda Motor Co.  To expand the pool of Indonesians who can afford a car, Astra plans next quarter to introduce models with sticker prices as low as $8,000 through its joint ventures with Toyota and Daihatsu. Currently, the least-expensive passenger cars in Indonesia sell for at least $12,000. "We will be the first offering affordable vehicles," he said. "This year, [auto-sales growth] should at the very least be flat, provided this ne...

POSCO to lift Indonesia investment to $11 billion over next 5 years: Jakarta

From Reuters Oct 19, 2012 South Korean steelmaker POSCO will almost double its investment in Indonesia to $11 billion over the next five years, from $6 billion currently, Chief Economics Minister Hatta Rajasa said on Friday. The world's fourth-biggest steelmaker, already has a multi-billion dollar joint venture with Indonesian state-owned PT Krakatau Steel, the country's biggest steel producer. Earlier this year, the South Korean firm's affiliate POSCO Engineering & Construction, formed a consortium to build two 300-megawatt power plants on Indonesia's Sumatra island, worth around $1 billion. A POSCO spokesman in Seoul said the South Korean firm has yet to make detailed investment commitments in Indonesia, and noted other partners would jointly invest in any projects. Foreign direct investment in Indonesia stayed strong in the second quarter, showing the G20 member remained a magnet in a troubled global economy and that changes in mining ownership r...

Indonesia to top China as world's biggest raw sugar importer

From Bloomberg Business Week Sept 19, 2012 Indonesia's struggle to boost sugar output due to competition for land and under-investment is forcing the country to spend heavily and become the world's biggest importer of the sweetener in place of China, which has ramped up domestic output.  Sugar consumption in Indonesia, the world's fourth most populous country with around 240 million people, is seen growing  around 4 percent annually, according to the  International Sugar Organization  (ISO).  "We forecast that  Indonesia  will import 2.15 million tonnes of raw sugar in 2012/13 (October/September), which will make the country the world's largest raw sugar importer," said Sergey Gudoshnikov, a senior economist with the ISO.  "They are condemned to seek large-scale imports." Yamin Rahman, executive director of the Indonesian Refined Sugar Industry Association, said, "Our raw sugar imports are big because our population is large and ...