Indonesia: 250 mw power plant projects offered to investors

(AGI) - Jakarta, Jul 27 - The government of Indonesia plans to hold tender for a total of 250 MW solar power plant projects next month. Director General of New and Renewable Energy at the Ministry of Energy and Mineral Resources, Rida Mulyana said that the tender will be implemented as soon as the ministry issues a revised version of Ministerial Regulation No 17/2003. He, however, said that the ministry will not implement a regular tender process to get investors for the projects, but will apply so-called first in first out (FIFO) mechanism to help accelerate the tender process. Rida said that the government will also provide attractive tariff for the electricity output, ranging from 14.5 US cents per kWh to more than 20 cents per kWh, depending on the location of the plants. He said that the more remote the location is, the higher the price will be. For example, a solar power plant project located in Papua will have a higher electricity selling price of more than 20 cents per kWh, while those in Java will be the lowest tariff of 14.5 cents per kWh. Rida said that the government plans to develop a total of 5,000 MW of solar power plants until 2018. (AGI) .