This Said Private Electric Manufacturers Questioning Electrical Project Delays

By : Ahmad Fadli Dan Aldo Bella Putra | Thursday, September 06 2018 - 14:00 IWST

Ketua Umum Asosiasi Produsen Listrik Seluruh Indonesia (APLSI), Arthur Simatupang
Ketua Umum Asosiasi Produsen Listrik Seluruh Indonesia (APLSI), Arthur Simatupang

INDUSTRY.co.id - Jakarta - The weakening of the rupiah against the US dollar has affected electricity projects. Responding to this matter, the General Chairperson of the Indonesian Electricity Producers Association (APLSI), Arthur Simatupang, understood that the government was trying to overcome the weakening of the rupiah.

But, he reminded the government to pay attention to certainty and investment climate for investors in the electricity sector.

Moreover, the construction of a power plant project needs a long time. Starting from licensing, tendering, until construction can take almost five years. While efforts to restore the rupiah exchange rate are short-term

As a result, the government's decision to easily postpone long-term strategic projects for short-term needs is a sign of an inconsistent government while worsening the investment climate.

"The government must look in a balanced way with the long-term outlook for electricity investment," he said

APLSI hopes that the investment climate in the electricity sector can be maintained by the government because, the electricity sector is also one of the economic drivers.

Currently APLSI still considers the government's decision to postpone the project only a temporary socialization. Moreover, until now there are no rules related to delays in electricity projects. Arthur is quite sure that the power plant projects will continue with the government according to PLN's Electricity Supply Business Plan (RUPTL).

"If the power plant project is delayed, it will affect the economy of the power plant project," he said

News Comment

Today's Industry

PT Autopedia Sukses Lestari Tbk (“ASLC”)

Selasa, 18 Januari 2022 - 23:55 WIB

ASLC Remains Optimistic, Continues IPO Plan

PT Autopedia Sukses Lestari Tbk (“ASLC”) a company engaged in the automotive sector, ranging from car and motorcycle auctions, online car buying and selling, and car and motorcycle price…

Genetech Biotechnology, the exclusive distributor of Citrea

Selasa, 18 Januari 2022 - 23:20 WIB

Genetech Biotechnology Launches Four Exclusive Promo Bundles For Citrea In Celebration Of Chinese New Year

Genetech Biotechnology, the exclusive distributor of Citrea, launches four exclusive promo bundles to celebrate Chinese New Year. The four bundle sets, The Prosperity Bundle, The Pampering Duo,…

The International Labour Organization (ILO)

Selasa, 18 Januari 2022 - 22:50 WIB

ILO downgrades labour market recovery forecast for 2022

he International Labour Organization (ILO) has downgraded its forecast for labour market recovery in 2022, projecting a deficit in hours worked globally equivalent to 52 million full-time jobs,…

Check Point Software Technologies (Images by Acclaim)

Selasa, 18 Januari 2022 - 22:10 WIB

New Requirements in the Wake of Omicron have led to Increased Dark Market Activity Around Fake Covid Certificates

Check Point Research has warned of a resurgence in counterfeit test and vaccination certificates amid a new wave of infections driven by the Omicron variant of COVID-19. Forged certificate vendors…

DBS Bank Ltd.

Selasa, 18 Januari 2022 - 21:37 WIB

DBS Bank tops Debtwire Asia Pacific (ex Japan) Loans League Table for Green and Sustainability-Linked Mandated Lead Arranger

DBS Bank has ranked first in Debtwire’s Asia Pacific (ex Japan) loans league table for its role as Green and Sustainability-Linked Mandated Lead Arranger (MLA) for the full year 2021. This…