The Jakarta Post reported that in line with its commitment to further increase supply and improve its distribution system, state electricity company PT PLN will allocate up to IDR 69 trillion in capital expenditures in 2012 up by 15% increase from IDR 60 trillion this year.
Mr Nur Pamudji PLN president director said that about IDR 33.6 trillion of total capital spending would come from the company’s own budget, IDR 8.9 trillion from the state budget, IDR 9.8 trillion from subsidiary loans and the remaining IDR 16.7 trillion from bank loans.
He said “Next year’s CAPEX will be higher than this year’s in order to be able to expand electricity services. He added that the IDR 33.6 trillion would be used to build power plants and to evaluate the PLN first 10,000 megawatt (MW) fast-track program, as well as to strengthen electricity distribution systems in larger cities.
Mr Nur said that the IDR 8.9 trillion from the state budget would be used to further develop electricity distribution facilities in rural areas and to develop renewable energy, while the IDR 9.8 trillion from the subsidiary loans would be used to develop nationwide power grids.
In addition to capex, Mr Nur said PLN would also allocate IDR 191.2 trillion for operational expenditures next year in order to purchase fuel and electricity to rent power plants as well as cover expenditures for maintenance and administration.
PLN has priority programs in place next year, including ensuring sufficient electricity supply to increase the number of pre-paid electricity subscribers to improve the distribution system and any potential reductions in basic costs by the operation of more non-fuel power plants.
With all these programs, PLN has expected to be able to add 2.54 million new customers in 2012. Mr Nur said “Hopefully, with the new customers, we could be able to boost the electrification ratio to 75% from 71% this year.”
He said that PLN has targeted to produce 172.17 terrawat hours of electricity across the country or an increase of electricity consumption up to 9.8% in 2012.
Next year PLN will operate several new power plants some of them are the 2x100 MW Tarahan coal fired power plant in Lampung and the 2x110 MW Nagan Raya coal-fired power plant in Aceh.
(Sourced from www.thejakartapost.com)
