Archive: 13 July 2006
1 article found
Thu, 13 Jul 2006, 13:40 WIB
RI to spend Rp 200t by 2010 to promote biofuels
RI to spend Rp 200t by 2010 to promote biofuels JAKARTA (Bloomberg): Indonesia plans to invest Rp 200 trillion (Rp$22 billion) over the next five years to promote the use of alternative fuels using crops such as palm oil, Energy Minister Purnomo Yusgiantoro said. About $6 billion will be spent securing 6 million hectares (14.8 million acres) of land, in an as-yet-unspecified location, and the rest will fund factories, roads and other supporting services, he said.