Thu, 19 Jul 2007
Jakarta (ANTARA News) - State Enterprises Minister Sofyan Djalil said here on Wednesday the government would continue to pursue its 10,000 megawatt power plant project despite existing hindrances.

Speaking to reporters after a meeting with Vice President Jusuf Kalla, Sofyan said there were still problems hindering the project`s implementation . "The primary problem is financing. But, in principle, the government will continue its efforts to realize the plan," he said.

At the meeting attended by the president director of state-owned electricity company PLN, Eddy Widiono, and Industry Minister Fahmi Idris, it was decided that tbe government would send a team to China to negotiate with an investor there who was ineterested in the project.

The mammoth power generation plan was initiated by the Indonesian and Chinese governments but efforts to realize it have run into a snag.

Noting that Indonesia and the interested Chinese investor had already signed a contract, Sofyan said the provisions in the contract had to be implemented.

Asked about developments in the project, the minister said there were two main issues relating to the project, namely the contract which had already been put out for bidding and was no longer a problem, and financing.

About the team that would renegotiate the financing mechanism with the Chinese investor, he said the team would leave for China next week. The team would consist of representatives of the ministry of finance and other technical ministries concerned. (*)



News Search/Filter
Transaction Rates
22 Jul 18
Buy
Sell
AED1
3,897.35
3,897.35
AFN1
196.38
196.38
ALL1
133.47
133.47
AMD1
29.81
29.81
ANG1
7,753.99
7,753.99
AOA1
55.94
55.94
ARS1
519.14
519.14
AUD1
10,613.64
10,613.64
AWG1
8,002.03
8,002.03
AZN1
8,408.62
8,408.62
BAM1
8,586.19
8,586.19
BBD1
7,157.84
7,157.84
BDT1
170.57
170.57
BGN1
8,586.68
8,586.68
BHD1
37,907.47
37,907.47
BIF1
8.01
8.01
BMD1
14,315.68
14,315.68
BND1
9,474.38
9,474.38
BOB1
2,085.99
2,085.99
BRL1
3,798.27
3,798.27
BSD1
14,315.68
14,315.68
BTC1
106,439,240
106,439,240
BTN1
209.17
209.17
BWP1
1,391.67
1,391.67
BYN1
7,214.35
7,214.35
BZD1
7,117.75
7,117.75
CAD1
10,885.64
10,885.64
CDF1
8.85
8.85
CHF1
14,420.01
14,420.01
CLF1
595,246.63
595,246.63
CLP1
21.66
21.66
CNH1
2,111.86
2,111.86
CNY1
2,114.38
2,114.38
COP1
5.00
5.00
CRC1
25.22
25.22
CUC1
14,315.68
14,315.68
CUP1
561.39
561.39
CVE1
151.56
151.56
CZK1
648.69
648.69
DJF1
80.41
80.41
DKK1
2,252.02
2,252.02
DOP1
288.74
288.74
DZD1
121.66
121.66
EGP1
799.75
799.75
ERN1
945.59
945.59
ETB1
517.55
517.55
EUR1
16,790.85
16,790.85
FJD1
6,778.42
6,778.42
FKP1
18,800.80
18,800.80
GBP1
18,800.80
18,800.80
GEL1
5,851.63
5,851.63
GGP1
18,800.80
18,800.80
GHS1
2,985.54
2,985.54
GIP1
18,800.80
18,800.80
GMD1
297.93
297.93
GNF1
1.57
1.57
GTQ1
1,909.41
1,909.41
GYD1
68.89
68.89
HKD1
1,823.66
1,823.66
HNL1
595.74
595.74
HRK1
2,271.41
2,271.41
HTG1
213.21
213.21
HUF1
51.55
51.55
IDR1
1.00
1.00
ILS1
3,945.46
3,945.46
IMP1
18,800.80
18,800.80
INR1
208.23
208.23
IQD1
12.08
12.08
IRR1
0.32
0.32
ISK1
134.69
134.69
JEP1
18,800.80
18,800.80
JMD1
109.73
109.73
JOD1
20,177.02
20,177.02
JPY1
128.47
128.47
KES1
142.27
142.27
KGS1
209.76
209.76
KHR1
3.52
3.52
KMF1
34.07
34.07
KPW1
15.90
15.90
KRW1
12.69
12.69
KWD1
47,317.21
47,317.21
KYD1
17,167.72
17,167.72
KZT1
41.59
41.59
LAK1
1.71
1.71
LBP1
9.47
9.47
LKR1
90.11
90.11
LRD1
93.41
93.41
LSL1
1,066.69
1,066.69
LYD1
10,447.91
10,447.91
MAD1
1,517.69
1,517.69
MDL1
857.71
857.71
MGA1
4.26
4.26
MKD1
272.41
272.41
MMK1
9.94
9.94
MNT1
5.86
5.86
MOP1
1,772.05
1,772.05
MRO1
40.21
40.21
MRU1
399.32
399.32
MUR1
416.15
416.15
MVR1
929.58
929.58
MWK1
19.70
19.70
MXN1
752.53
752.53
MYR1
3,523.87
3,523.87
MZN1
242.04
242.04
NAD1
1,066.69
1,066.69
NGN1
39.87
39.87
NIO1
451.74
451.74
NOK1
1,750.19
1,750.19
NPR1
130.73
130.73
NZD1
9,743.25
9,743.25
OMR1
37,191.12
37,191.12
PAB1
14,315.68
14,315.68
PEN1
4,371.20
4,371.20
PGK1
4,364.12
4,364.12
PHP1
268.74
268.74
PKR1
111.56
111.56
PLN1
3,885.64
3,885.64
PYG1
2.51
2.51
QAR1
3,931.69
3,931.69
RON1
3,605.78
3,605.78
RSD1
142.30
142.30
RUB1
225.54
225.54
RWF1
16.47
16.47
SAR1
3,817.46
3,817.46
SBD1
1,815.32
1,815.32
SCR1
1,057.95
1,057.95
SDG1
797.84
797.84
SEK1
1,617.18
1,617.18
SGD1
10,508.46
10,508.46
SHP1
18,800.80
18,800.80
SLL1
2.19
2.19
SOS1
24.91
24.91
SRD1
1,919.50
1,919.50
SSP1
109.89
109.89
STD1
0.68
0.68
STN1
675.26
675.26
SVC1
1,634.87
1,634.87
SYP1
27.79
27.79
SZL1
1,066.69
1,066.69
THB1
430.98
430.98
TJS1
1,530.97
1,530.97
TMT1
4,078.56
4,078.56
TND1
5,430.80
5,430.80
TOP1
6,154.79
6,154.79
TRY1
2,988.10
2,988.10
TTD1
2,125.58
2,125.58
TWD1
468.07
468.07
TZS1
6.28
6.28
UAH1
545.16
545.16
UGX1
3.85
3.85
USD1
14,315.68
14,315.68
UYU1
462.36
462.36
UZS1
1.83
1.83
VEF1
0.13
0.13
VND1
0.62
0.62
VUV1
131.22
131.22
WST1
5,521.10
5,521.10
XAF1
25.59
25.59
XAG1
222,091.17
222,091.17
XAU1
17,634,710.43
17,634,710.43
XCD1
5,297.10
5,297.10
XDR1
20,045.25
20,045.25
XOF1
25.59
25.59
XPD1
14,173,942.16
14,173,942.16
XPF1
140.70
140.70
XPT1
11,860,548.12
11,860,548.12
YER1
57.19
57.19
ZAR1
1,066.35
1,066.35
ZMW1
1,463.28
1,463.28
ZWL1
44.40
44.40
Taxation Exchange Rates
31 Aug 16 - 06 Sep 16
USD 1
13,232.00
AUD 1
10,043.30
CAD 1
10,213.70
DKK 1
1,999.40
HKD 1
1,706.22
MYR 1
3,283.28
NZD 1
9,623.63
NOK 1
1,605.23
GBP 1
17,433.70
SGD 1
9,757.68
SEK 1
1,569.45
CHF 1
13,631.10
JPY 100
13,101.00
MMK 1
11.01
INR 1
197.29
KWD 1
43,920.70
PKR 1
126.23
PHP 1
285.00
SAR 1
3,528.53
LKR 1
91.12
THB 1
382.08
BND 1
9,756.53
EUR 1
14,885.50
CNY 1
1,987.61

Okusi Associates: Indonesian Business & Management Services