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KMI Wire and Cable No Longer a Myth


  • Sucor Asset Management Investment Team
    • Tags:
    • Electricity , PLN , Project
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    Special Research

URGENT NEEDS

In 2015, with 53.585 MW total capacity, Indonesia’s electrification ratio ( measuring the percentage of Indonesian households that are connected to the nation’s electricity grid) is low at around 84 % (some even estimated it’s still below 60%), and PLN only has 60,3 millions registered customers.

Electricity still a luxury thing for many regions. Currently there are 12,569 villages in Indonesia that lack of electricity and 40 millions Indonesian people who don’t have instant access for electricity. The government projected that Indonesia electrification ratio will hit 99,4% in 2024 and that number should push PLN registered customers to around 78 millions.

As a result, government aimed to add 70.000 MW additional capacity until 2024.

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Thursday 2 Feb 2017

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