| Government working on trailer PLN Asahan III Hydroelectric |
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| Friday, 16 April 2010 09:05 | |||||||
Page 1 of 2 JAKARTA:
State electricity company PT (Persero) intend to hold local governments
of North Sumatra (North Sumatra) to work on development projects
hydroelectric (hydropower) Asahan III, as well as end the disputes that
occurred during this prolonged.
PLN President Director Dahlan Iskan revealed that electricity SOE basically very strong desire to understand the Governor of North Sumatra that local companies can take part in these generation projects. "I've found two alternative ways for local companies [North Sumatra] can come to enjoy Asahan III project if it is directly handled by PLN. The scheme was due to the board for approval peruda Governor of North Sumatra. Now how to make this project a way," he said yesterday. The first scheme, PLN with local companies to form joint venture (JV / JV) to work on projects Asahan III, with the majority 85% -90% of shares owned by the company's fixed. The remaining 10% -15% will be given to local companies. Only, he said, the cooperation scheme is unlikely to be realized because the local companies must pay a capital investment of at least Rp20 billion with the share composition of about 10% -15%. According to him, North Sumatra Regional Representatives Council could approve the allocation of funds for capital investment in projects III shavings into the revenue budget spending. However, running budget allocations must be specified in local regulations and obtain the approval of the Ministry of the Interior. "To my knowledge, not necessarily the Parliament approved the allocation of funds for the project Asahan III considering the amount is too large. Moreover, budget allocations also have been plotted. That's hard to imagine Perusda Sumut participate in this project." Besides, he added, funding commitment of U.S. 250 U.S. dollars million to be disbursed by the Japan Bank for International Cooperation (JBIC) is feared in case of cancellation an owner to change the status of the generators. JBIC, Dahlan said, is committed to lend some shavings III funds for the project because the borrower is PLN as guaranteed by the government. The second option The second scheme, Perusda Sumut can contribute in projects III shavings in the form of JV plus other options that were considered most possible so that the regions selected by the local government is not burdened with the payment of capital. "The core of this second scheme JV fixed shape and how to Perusda can participate and benefit from this project." That way, the regions are not burdened with the obligation to deposit a very large capital. He asserted personally support if the area participated. "Just how to find an appropriate scheme of cooperation. His decision in the hands of the Governor of North Sumatra." According to him, regional parties in good faith to PLN has expressed his desire to resolve the issue outside the law shavings III. PLN's intention was delivered after expressing a desire to prosecute because the North Sumatra provincial government granted permission to the location of the principle of private enterprise.
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