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PLN: 3,000 MW Power Plants Ready to Operate in This Year 

JAKARTA (TheInsiderStories) - Power producer, PT Perusahaan Listrik Negara (PLN), said that there will be an additional 3,000 mega watt (MW) of power plants are ready...

Indonesia’s PLN to Build 600MW Solar Plant in Remote Areas

JAKARTA (TheInsiderStories) - Power producer, PT Perusahaan Listrik Negara (PLN) aims to build solar power plant up to 600 megawatts (MW) in the remote areas across...

Pertamina Power Indonesia Invests US$15B to Build Renewable Energy

JAKARTA (TheInsiderStories) - PT Pertamina Power Indonesia, the unit of state-run energy holding, PT Pertamina, is preparing an investment of around US$15 billion until 2026 to...

ADB Loans PLN US$600M to Expand Energy Access in Eastern Indonesia

JAKARTA (TheInsiderStories) - The Asian Development Bank (ADB) has approved a US$600 million loan to help the state-run power producer PT Perusahaan Listrik Negara (PLN), to...

Moody’s: Prospects Dim for Asia’s Coal Power Companies on Slowing Power...

JAKARTA (TheInsiderStories) - Coal power generation in Asia will decline if annual growth in power demand slows to below 2 - 3 percent on average in the...

Indonesian Gov’t Injects US$340M to PLN in 2021

JAKARTA (TheInsiderStories) - Indonesian government will inject fresh capital Rp5 trillion (US$340.14 million) to state-owned power producer, PT Perusahaan Listrik Negara (PLN) for the 2021 fiscal...

Indonesia’s PLN Targets Revenues US$27B in 2021

JAKARTA (TheInsiderStories) - Indonesian power producer, PT Perusahaan Listrik Negara (PLN) targets the company' revenues could reached Rp391.6 trillion (US$26.82 billion) in 2021, said the CEO...

Indonesia Needs to Build More Renewable Energy Installations

JAKARTA (TheInsiderStories) - Indonesia has set a renewable energy target of 23 percent in the energy mix by 2025. The country has renewable energy potential of...

ADB Investing Over US$1B to Help Pacific’s Renewable Energy Transition

JAKARTA (TheInsiderStoriess) — The Asian Development Bank (ADB) will invest over US$1 billion worth of energy projects in the Pacific from 2019 to 2021, said...

Moody’s Revises Outlook on Cikarang Listrindo to Positive

JAKARTA (TheInsiderStories)  - Moody's Investors Service has revised the outlook on PT Cikarang Listrindo Tbk (IDX: POWR) ratings to positive from stable. In addition, Moody's has affirmed the company'...

Indonesia’s PLN Posts Net Profit US$517.6M in June

JAKARTA (TheInsiderStories) - Indonesian state-owned electricity company PT Perusahaan Listrik Negara (PLN) posted a net profit of Rp7.35 trillion (US$517.6 million) in June 2019,...

Indonesia Sheds US$4.38B for Electricity Subsidies Next Year

JAKARTA (TheInsiderStories) - The Ministry of Energy and Mineral Resources and the House of Representatives has agreed for electricity subsidy of Rp62.21 trillion (US$4.38...

Businessmen Urges Resignation of Two Ministers, Director of PLN

JAKARTA (TheInsiderStories) - Indonesian Young Entrepreneurs Association urged two ministers and chief executive state-owned power producer, PT Perusahaan Listik Negara (PLN) to resign followed the...

Indonesia Gov’t Invests US$2B to Build Mentarang Hydroelectric Power Plant

JAKARTA (TheInsiderStories) - The government seems to be seriously developing the potential of water to be used as electricity in the North Kalimantan province...

Indonesia Launches 16 Electricity Projects in West, East Nusa Tenggara

JAKARTA (TheInsiderStories) - Indonesia's Minister of Energy and Mineral Resources (MEMR) Ignatius Jonan launched 16 electricity infrastructure projects spread across West Nusa Tenggara and...

WB: World Energy Need Investment US$1.35T in 2030

JAKARTA (TheInsiderStories) – World Bank (WB) estimated that to meet the energy access target in 2030, the world requires an investment of US$1.35 trillion, mainly to fulfill...

Indonesia Sets DMO Allocation 128MT of Coal in 2019

JAKARTA (TheInsiderStories) – Indonesian government set coal supply for domestic market obligation (DMO) in total 128 million tons (MT) of coal, said the senior...

Indonesia Hopes Investment in Energy, Minerals Sectors Rise in 2019

JAKARTA (TheInsiderStories) – Indonesian government hopes the realization of investment in the energy and minerals sector will rise in 2019, said one senior official...

Indonesia’s PLN Recorded Fantastic Losses in Q3, Loss Over than US$1B

JAKARTA (TheInsiderStories) - Indonesia's power producer, PT Perusahaan Listrik Negara (PLN) recorded a fantastic loss Rp18.4 trillion (US$1.22 billion) in the third quarter (3Q) of...

Indonesia’s Renewable Energy Investment Realization Far Below Target

JAKARTA (TheInsiderStories) - The investment realization of renewable energy in Indonesia is still far from target, according to official, on Friday (26/10). This unachieved target is...

Indonesian Gov’t Revises Coal Production to 585 MT in 2018

JAKARTA (TheInsiderStories) - There is a good news for coal miners as the Indonesian government has officially raised the production quota for 2018 by 100...

Policy Review: Investment in Renewable Sectors Still Far Below Expectation

JAKARTA (TheInsiderStories) - Indonesia's government has set an ambitious target to expedite renewable energy capacity by 2025, yet the level of investment from both...

GE Consortium Signs $900M EPC Contract for Java One Power Plant

JAKARTA (TheInsiderStories) - PT Jawa Satu Power, a consortium company of PT Pertamina (Persero), Marubeni Corporation, and Sojitz Corporation, has awarded a contract to...

PLN Secures €80 M Loan from Polish Bank

JAKARTA (TheInsiderStories) -  State electric company PT Perusahaan Listrik Negara (PLN) has secured €80 million (approx. Rp1.4 trillion) loan from the Gospodarstwa Krajowego (BGK) Bank...
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