JAKARTA, June 3 (Xinhua) -- Indonesia currently needs an investment of 2,967 trillion rupiahs (around 182 billion U.S. dollars) to boost its electricity production until 2034, according to the state-owned electricity company PT PLN.
PLN President Director Darmawan Prasodjo said on Monday that the details of the investment funding needs included for project investment at 2,699 trillion rupiahs, as well as for capex maintenance and interest during construction at 268 trillion rupiahs.
"It all requires investment up to almost 3,000 trillion rupiah. PLN certainly cannot carry out this agenda alone," Prasodjo said in Jakarta as quoted by local media.
He said at least there were eight electricity projects that Indonesia would like to offer from 2025 to 2034, including the construction of a 22.1 gigawatt (GW) baseload renewable energy power plant and a 16.6 GW baseload geothermal power plant as well as the development of variable renewable energy (wind and solar) amounting to 24.3 GW, a 6 GW/27 GWh battery energy storage system, a 0.5 GW nuclear power plant and a transmission network and substations spanning 47,758 km.
"PLN itself will invest around 567.67 trillion rupiahs to build power plants with a capacity of 20.4 GW. Overall, the national electricity capacity will increase by 69.5 GW," said Prasodjo. (100,000 rupiahs equal 6.14 U.S. dollars) ■
