The Indonesian government is finalizing an energy ministerial regulation on the biomass co-firing program at coal-fired power plants (PLTU). However, it still needs a benchmark price for the biomass used in the program.
Joko Widodo, the President of the Republic of Indonesia, asks the Energy and Mineral Resources Ministry, local administration, and PT Perusahaan Listrik Negara (PLN) to cut down the unnecessary licensing bureaucracy for power plant projects.
The Jakarta-Bogor-Depok-Bekasi Light Rail Transit (LRT Jabodebek) project costs swelled to Rp 2.7 trillion before the operation, increasing the burden on the state budget.
The Indonesian government plans to build Bakauheni Harbor City (BHC), hopefully kick-starting a series of investments and tourism projects in Lampung and Sumatra.
Costs overrun and cash deficiency risks overshadow the Jakarta-Bandung high-speed rail project during operations, forcing Government to intervene in funding. Such a decision has raised a warning over the potential long-term burden for the state budget.
Indonesia's upstream oil and gas regulator, SKK Migas, has calculated that the total commitment value of the domestic component level (TKDN) in the sector this year is about Rp 39 trillion.
The current global energy crisis may also hit Indonesia’s economy, relying heavily on imported oil and petroleum products as well as liquefied petroleum gas (LPG).
