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Economy

Indonesia plans 42GW in new power plant capacity by 2024

JAKARTA -- Indonesia on Thursday unveiled projects that will add 42 gigawatts of electricity generating capacity to its current capacity of 53GW by 2024. A total of 1,188 trillion rupiah ($90.1 billion) will be spent on the plants, which will be built by state electricity producer Perusahaan Listrik Negara and private companies.

     Vice President Jusuf Kalla said that if the economy keeps growing at 6% a year over the next five years, Indonesia will need to double existing capacity. Jarman, director general for Electricity at the Ministry of Energy and Mineral Resources, said Indonesia has a current capacity of 53.5GW, mostly from PLN power plants.

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