If you are familiar with the coined term Chindia to combine the 2 power economies in Asia and globally, then time for you to know that the latest term used nowadays is “Chindonesia” . This term was created by A Securities House to include Indonesia as one of the fastest growing economy in the world. The Jakarta stock exchange index, has increased by around 95% making the world’s second-best and Asia’s best performer. GDP growth is expected at 6% in 2011 and 7% in 2012.

With this robust economic development driving growing demand for energy at over 19% by 2011, the Indonesian Government has pledged to increase power generation, transmission and distribution throughout the country over the next 5 years and provide “Electricity For All” by the Year 2020.

Indonesia’s development programme aims to utilize all available energy sources not just the US$26 Billion already sanctioned for new coal fired plants. Last year, the government announced a second 10,000MW project, at a cost of US$16 Billion, to build a further 93 power plants by 2014 with 39% to be Geothermal, 33% Coal, 16% Gas and 12% Hydro Power.

Indonesian Government has also pledged to maximize the country’s considerable renewable energy resources. New power plants to be built will give emphasis on generating green energy such as geothermal and hydropower as well as gas fired plants. Indonesia has capacity in hydropower of 64,000MW but is currently utilizing only 5,000MW, They also have 45% of the world’s geothermal energy resources.

If you want a copy of the presentation made by Edward Gustely, Senior Adviser of Indonesia’s Ministry of Finance on “Indonesia: Investment Opportunities in the Energy Sector”, please send an email to me at philip.parba@terrapinn.com. This Presentation was made at the 14^th Annual Power & Electricity World Asia 2011 in Singapore on 21-25 March 2011.

For the 15^th Annual Power & Electricity World Asia 2012, An Indonesia Country Focus Session and Indonesia Focus Luncheon will be organized. These 2 thematic events will be hosted by MKI (Indonesia’s Electric Power Society), PT PLN (Indonesia’s National Power Company) and the Indonesian Government. If you want to access the decision makers and regulators in Indonesia and access energy investment opportunities in the country, attending the 15^th Annual Power & Electricity World Asia 2012 will be your best bet.

Visit the event website to download the event prospectus and to get more information about the event at www.terrapinn.com/asiapower.

If you are interested to speak, sponsor or attend the event, pls contact me at philip.parba@terrapinn.com or call me at +65 6322 2791.