The government’s ‘Economic Development Expansion Acceleration Master Plan’ (MP3EI) seeks to reduce Indonesia’s greenhouse gas emissions by 26% from the current ‘business as usual’ level. Improving the multifaceted regulatory framework surrounding renewable energy is therefore a priority, with 17% of domestic energy consumption in 2025 to be met by new and renewable energy resources. There is currently 75,670 MW of estimated hydropower potential of which just 7.54% represents installed capacity (EMR 2011).
PT Ilthabi Energia (IE) is a dynamic renewable power developer that places great emphasis on building strategic partnerships with local institutions and lasting relationships with investors, in order to navigate the complexities of Indonesia’s regulatory framework. IE is currently developing three hydropower projects in cooperation with a French concession developer and has already completed the feasibility study for the company’s first mini hydropower plant – with construction scheduled to begin in the fourth quarter of 2012 – in the Bener Meriah regency, Aceh province.
“We are an emerging country and thus we must adhere to the global standard rather than the local standard,” says Ilham Habibie, Chairman of PT Ilthabi Energia. “We are interested in hydropower and biomass ventures and are open to collaboration with German Mittelstand companies to fulfil our ambitions.”
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