Two Years of Jokowi's Presidency: Highest Power Plant Investment in Five Years

Investment in power plant development in 2015 reached US$6 billion. This is the highest figure ever achieved in the last five years. Previously, the highest investment realization was achieved in 2012 at US$4.4 billion. This investment came from projects undertaken by Perusahaan Listrik Negara (PLN) and private projects under the IPP (Independent Power Producer) scheme.

By the end of 2016, the target investment in power plants was expected to reach US$10.9 billion. However, PLN is pessimistic that this target will be difficult to achieve, considering that most projects are still hampered by land acquisition and clearance. Furthermore, in a meeting with the House of Representatives on October 13th, PLN stated that there were delays in submitting proposals for the 2016-2025 RUPTL (long-term power development plan). This has caused some power plants to be withdrawn from the planning process.