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Indonesian power plan delays fuel industry frustrations

Tenders postponed or cancelled in uncertainty over power mix after Joko boosts use of renewable energy

Published Thu, Jun 9, 2016 · 09:50 PM
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Jakarta

SIX months after winning power, President Joko Widodo pledged to boost Indonesia's electricity capacity by two-thirds by 2019 as Southeast Asia's biggest economy battled persistent power shortages and blackouts.

Just over a year later, the ambitious proposal is being dogged by postponed and cancelled tenders, reversals on planned projects and uncertainty over the power mix after Mr Joko boosted the use of renewable energy.

The confusion has angered coal miners and project developers, and threatens to undermine Indonesia's ability to attract finance for the US$132 billion…

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