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Indonesia: Tax incentives for renewable energy, page-2

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Megafauna

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11/09/15

17:07

Post #: 15978360
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Originally posted by Bonus ↑

http://www.pv-magazine.com/news/det...for-renewable-energy_100020711/#axzz3kN5poNiF

The government will be providing incentives, such as import-tax reductions, in order to attract more investors to develop renewable energy projects in Indonesia. The announcement was made by Energy and Mineral Resources Minister, Said Sudirman, according to "The Jakarta Post."

Said has outlined that Indonesia needs IDR402 trillion (US$28.6bn) in investment over a five-year period, to tap renewable energy potential and generate 8,750 MW of electricity. This will be 25% of the current total electricity generation.

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To get even, they may "turn back the buoys."

CWE Price at posting: 4.7¢ Sentiment: Hold Disclosure: Held
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Indonesia: Tax incentives for renewable energy, page-2

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