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Siemens and Indonesia sign energy cooperation agreements

Siemens and Indonesia sign energy cooperation agreements

In tandem with Indonesian President Joko Widodo’s visit to Germany, Siemens has signed two Memorandums of Understanding (MoUs) with the state power company Perusahaan Listrik Negara (PLN). The development of 500 megawatts of distributed power generation capacities and the development of the Indonesian transmission and distribution grid were agreed upon.

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Indonesian GDP is growing at a rate of five to seven percent per year. Against this background the government has developed a wide-ranging infrastructure program; the country plans to expand its power generation capacities by 35 gigawatts (GW) by 2019. Furthermore, it also comprises an expansion of the power transmission and distribution grid to secure power supply in urban areas and improve electricity access for other regions.

“Siemens is ready to support Indonesia’s ambitious energy infrastructure program. With our broad portfolio and expertise we can help to develop a sustainable, affordable and modern power system,” said Roland Busch, Member of the Siemens Board. “Furthermore we can provide support with our expertise for project financing and we are ready to expand our manufacturing capabilities in the country,” Busch added.

 

Siemens has been actively engaged in supporting Indonesia’s infrastructure with innovative technologies since 1855. Several projects like the Jawa Power’s paiton II Plant in East Java or the Simangkuk project at the Sumatera grid support Indonesia’s energy supply. With approximately 1500 employees Siemens Indonesia generated sales of €263 million in 2015.

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