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NEWS UPDATES Asean Affairs   September 26, 2018  




Only 4.6 GW of electricity projects can be delayed: Official

After carrying out an evaluation of all proposed electricity-generation projects, the government has revised its initial plan to delay projects amounting to a total of 15.2 gigawatts because projects amounting to 10.56 GW cannot be delayed as the projects have already reached price-agreement stage with third parties.

The evaluation recommended that only 4.6 GW of electricity projects could be delayed, Energy and Mineral Resources Ministry Electricity Director General Andy N Sommeng told the press in Jakarta on Monday.

He said the 10.56 GW of power plant projects that would proceed were needed to maintain the national electricity reserve margin at 30 percent.

“We have to continue the [10.56 GW of power plant] projects, no matter what,” he said, adding that 3.51 GW of the projects that would be continued would involve renewable energy power plants.

Andy explained that some projects had reached binding deals such as gas sales and purchase agreements (PJBG) with take-or-pay schemes and if the government canceled the purchases, it would face penalties.

In early September, Energy and Mineral Resources Minister Ignasius Jonan announced the government would delay projects amounting to 15.2 GW, worth around $25 billion, as part of the effort to cut imports because the majority of the raw materials for new power plants are imported.

The statement was made after the rupiah hit Rp 15,000 per US dollar, the lowest exchange rate in 20 years. The government also introduced other policies to reduce imports in an attempt to reduce the current account deficit (CAD).


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ASEAN  ANALYSIS

This year in Thailand-what next?


AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

 


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