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accelerating project development stage II power plant is expected to cost U.S. $ 16.343 billion. Investment fund for power generation and transmission of electricity. Funding will come from income and expenditure budgets of national, PLN’s internal budget and other funding sources are legitimate.

This was conveyed Director General of Electricity and Energy Utilization of the Ministry of Energy and Mineral Resources J. Purwono, Friday (29/1/2010), when found in the Ministry of Energy and Mineral Resources Building, Jakarta.

According to him, the investment funds needed for accelerated development of power generation using renewable energy, coal and gas and associated transmission estimated for 16.343 billion U.S. dollars.

With details, consisting of investment fund for power generation 15.96 billion U.S. dollars and transmission of electricity for 383 million U.S. dollars.

Related capacity, location of power plants and related transmission of 10,000 MW acceleration program phase II is set forth in the Regulation of the Minister of Energy and Mineral Resources. In this ministerial regulation, the composition of primary energy for power generation that will be developed until the year 2014 was 39 percent geothermal, 12 per cent water, 33 percent coal, and gas 16 percent.

Total estimated power generation capacity to be developed is for 10,153 Mega Watt, which consists of 5770 MW (57 percent) located in the electrical system of Java-Madura-Bali and the 4383 MW (43 percent) located outside the electrical system of Java-Madura-Bali .

Of the total capacity for it, planned to be implemented by PLN 5118 MW (50 percent), and through cooperation between PT PLN and private power developers trading scheme 5035 MW of electricity (50 percent). “Primary energy and coal for power generation is still needed to provide for the necessary electric power,” he said.

But pelaksanananya must use environmentally friendly technologies in accordance with statutory regulations. With regard to the development of renewable energy power plants, the government will encourage and give priority in their utilization.

Transmission-related acceleration of building that is planned to be built is the transmission voltage 500 kV, 275 kV, 150 kV and 70 kV with a total estimated length of the network is 3490 kms. Estimate the total length of the network, 816 kms (23 percent) was built on the electrical system of Java-Madura-Bali, and along the 2674 kms (77 percent) was built on the outside of electrical systems Java-Madura-Bali.

In a presidential decree number 4 in 2010, the composition of primary energy for electric power developed tricks that will no longer be dominated by coal, but the opportunity to encourage the utilization of renewable energy such as geothermal and water, in addition to non-fossil energy are natural gas another.

Related development officials, the president’s legislation, implementation of the accelerated development of power generation is carried out through government assignment to PT PLN, and through cooperation between PT PLN and private power developers with the scheme of electricity trading. In terms of security, the government guarantees the business feasibility according PLN statutory rules.

admin | Finanace | 04 2nd, 2010 | No Comments »

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admin | Credit & Loan | 03 30th, 2010 | No Comments »

this year the Government of China continues to increase partnerships to invest in Indonesia, including cooperation to the West Sulawesi or Sulbar with a fund of Rp 405 billion.

“This year the Government of China has set aside grants to invest in Indonesia for Rp 1,000 trillion, including capital investment plans to Sulbar,” said Governor Anwar Adnan Saleh.

Anwar revealed, for the Province Sulbar, prospective investors from the Bamboo Curtain country also has set aside earlier for the construction of Port Belang-Belang in Mamuju and several other areas.

“We hope, plan cooperative relationship in terms of investment for the development of China-Belang Belang Harbor may well be realized, in order to accelerate regional development, which until now is still lagging behind other regions,” he said.

The port will make the business world in Sulbar thrive, including economic improvement and the alleviation of unemployment in this area.

“If investors come in, so I’m sure the labor absorptive capacity that will be needed to reach thousands of people. This means, we have made cuts in unemployment,” he said.

Entry of potential investors is also a follow-up of the program of National Development Planning Agency (Bappenas) to increase the investment in the country.

“This year the central government is concentrating on improving the investment world to attract investors into the area, to optimize the potential of natural tergarap not optimal,” he said.

China is one of the few countries in the world that currently has the largest reserves in the world.

“China is currently investing heavily to Indonesia as two other Asian countries, like Japan and Korea, weakened. However, the cooperation of any investor will remain as long as we interlace to repair and improve people’s welfare,” he added.

admin | Finanace | 03 23rd, 2010 | No Comments »

Lani Darmawan as Country Head Consumer Banking Standard Chartered Bank Indonesia has said that the decline in foreign bank credit growth during the year 2009 and is a natural thing. According to him, berifat credit that fluctuates seasonally.

“Yes, if the data distribution of foreign bank loans down his usual stuff.’s Seasional, so volatile,” he said, after a press conference launching Priority Banking, at Hotel Mulia Jakarta, Wednesday (27/1/2010).

Known, foreign bank loans from 2009 until early October 2009 the position (year to date) decreased by 18.1 percent. Since early 2009, the distribution of credit from foreign banks fell 18.1 percent from Rp 115.5 trillion to Rp 97.8 trillion. The decline is supported by the decrease in foreign currency loans fell 36.7 percent from Rp 65.6 trillion to Rp 48.1 trillion.

So was what happened from September to the position in October 2009. Credit forex foreign banks fell 4.6 percent from Rp 50.2 trillion to Rp 48.1 trillion. And the credit of the rupiah currency rose just 2.1 percent thinner than Rp 48.7 trillion to Rp 49.7 trillion.

Lani said, credit growth continued to decline due to interest customers who experienced a decline. “Most of them much more needs to pay employee salaries, school fees, and so on,” said an example.

admin | Bank | 03 23rd, 2010 | No Comments »