About 50 stalled electricity generation projects involving independent power producers are set for renegotiation, as the government aims to speed them up in the first 100 days of its new term. The government will be forming a special team consisting of representatives of the Energy and Finance Ministries, and the State Ministry for State Enterprises, the Development Finance Comptroller (BPKP) and state-owned power utility PT Perusahaan Listrik Negara.

Kuala Lumpur. Palm oil stocks in Indonesia, the world’s largest supplier, should rise 100,000 tons this month from October, boosted by strong output and more maturing oil palm trees, a top industry official said on Monday. Stocks should hit 1.6 million tons in October and 1.7 million tons this month and could have risen higher had it not been for solid demand for crude palm oil, Derom Bangun, vice chairman of the Indonesian Palm Oil Board (DMSI) said.

Alfian, The Jakarta Post, Jakarta A recent ministerial regulation on the roles of mining service companies in mining projects may reduce the industry’s revenue by up to US$750 million a year, an industry association said over the weekend. Previously, mining companies could outsource all kind of jobs in their working areas to the service companies. But, the Energy and Mineral Resources Minister’s regulation No. 28/2009, which took effect on Sept.

Mustaqim Adamrah, The Jakarta Post, Jakarta Early next year the country may see two separate investments worth US$100 million in total from two Japanese companies, Hino and Sanyo, Industry Minister M.S. Hidayat said Monday. “At the beginning of next January, I will inaugurate new investment in two industrial sectors, electronics and trucks, both from Japan,” he said at the State Palace after reporting the results of the 2009 National Summit held last week.