Bali Discovery Tours: Homepage
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Home Bali Contact Bali Practicalities Bali News Bali Services Bali Transportation Bali Sports Bali Excursions Bali Villas Bali Hotels
Home · News · Pulling the Plug on New Investment.
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Bali Hotels
Bali Villas
Special Deals!
Packages
MICE Handling
Bali Excursions
Culinary - Dining
Guided Tour
Bali Spas
Bali Sports
Diving
Golf
Bali Transportation
Car Rental - Selft Drive
Private Jet Charter
Bali News
Bali Services
Bali Practicalities
Bali Contact
Bali Career
Home
 
Bali Update
Subscribe to our free weekly newsletter!
 
PATA header
PATA Gold Award 2007
Bali Update
PATA Gold Award Winner 2007
 
Bali Contact
Bali Discovery Tours
Komplek Pertokoan
Sanur Raya No. 27
Jl. By Pass Ngurah Rai,
Sanur, Bali, Indonesia

Tel:
++62 361 286 283

Fax:
++62 361 286 284

U.S.A. Fax:(toll free)
1-800-506-8633

U.K. Fax:
++44-20-7000-1235

Australian Fax:
++61-2-94750419

24h:
++62 812 3819724

Bali Discovery

SITE PATA ASITA
Bali News

Pulling the Plug on New Investment.

Inadequate Electrical Supply is Contributing to Slowdown of New Investments in Bali.


Bali News:
Click Image to Enlarge

(5/26/2009)

The Jakarta Post reports that limited power supplies are causing headaches for domestic and foreign investors in Bali.

Quoting the vice-chairman of the Bali branch of the Indonesian Chamber of Commerce (KADIN), Tedja Nandi Yasa, the lack of power on Bali's electrical grid has become severe: "We (Kadin) have been working hard to promote Bali, but the anxiety over the minimum electricity supply has eliminated almost 50 percent of the chance to invest here."

According to Yasa, efforts to lobby both the central and provincial government to takes steps to increase electrical supplies have had minimum effect.

It's unclear how much the lack of electrical power is to blame for the steep downturn in new investment in Bali. The Bali Investment Coordinating Board (BKPM-Bali) reported only US$5.12 million in new investment during Q1 2009 against a targeted US$572 million.

Currently, Bali's power grid has the capacity of handling 562 megawatts with peak hour consumption reaching 490 megawatts.

In a step to supplement power reserves, a controversial coal-powered plant is being built at Celukan Bawang in North Bali. Although designed to add 390 megawatts of additional power, that project is encountering numerous delays and is unlikely to come on line as scheduled by the end of 2010.

Alternative plans to install an extra-high-voltage aerial transmission line (SUTET) to bring 1,000 megawatts of power to Bali from East Java have been vetoed by Bali's governor. The governor's objections were reportedly based on his concern that the proposed high power transmission lines would transect the the West Bali National Park, home of the last population of endangered Bali Starlings, and sacred temple areas on Bali.

Economist Wayan Ramantha from Bali's Udayana University has pointed to Bali's poor infrastructure and public facilities as also contributing to the island's lack of attractiveness to potential investors. He also cited the lack of clear regulations and taxation systems.


© Bali Discovery Tours. Articles may be quoted and reproduced if attributed to http://www.balidiscovery.com.

   

 
 
Bali News by Bali Update
Subscribe to the Bali Update
Receive the latest news from Bali by email!



Our [Privacy Statement] explains how we handle the data you are providing.

 
Bali News by Bali Update
Explore the Archive of the Bali Update
Find related articles in our news archive!




or try to use Google Search :

Home · Bali Hotels · Bali Villas · Bali Excursions · Bali Sports · Bali News · Site Map · RSS

Bali News: More News
Fire in East Denpasar
Fire Destroys 7 Shop Houses in East Denpasar, Bali
(12/20/2014)
Mantra for Difficult Times
Australian Mantra Hotel Group Scales Down its Plans in Tough Bali Marketplace
(12/20/2014)
Be Prepared
Bali Identifies Areas at Risk of Natural Disaster and Maps Plans to Minimize Destruction
(12/20/2014)
When Sleighs Wonít Do
Bali Airport to Operate 134 Extra Flights Over Christmas and New Year Period
(12/20/2014)
When a Bay Becomes a Quagmire
Editorial: We Support Jakarta Globe Call for President Joko Widodo to Cancel the Benoa Bay Reclamation
(12/20/2014)
4.25 Million Foreign Tourists to Bali in 2015
Bali Seeks to Add 500,000 Tourist Visitors in 2015
(12/20/2014)
That Takes the Lot!
Baliís Tanah Lot Temple Experiencing a Record Number of Visitors Leader Up to Year End Piodalan Ceremony
(12/19/2014)
Shanghaied No More
Singaraja, Bali Immigration Office Deports 282 Foreign Workers in 2014
(12/19/2014)
Different Strokes Apply in Bali
Pendawa Beach Visitors in Bali Reminded that Sexual Activity and Swimming While Menstruating are Strictly Not Allowed
(12/20/2014)
Bali Non-Stop to Cairn, Australia
JetStar to Fly Direct Three Time a Week Cairns to Bali Flights Starting in March 2015
(12/20/2014)
Symphony of Feeling
Solo Exhibition of Paintings by Mochammad Toha Hasan, January 19 - March 12,2015 at Ganesha Gallery at Four Seasons Resort Bali at Jimbaran Bay
(12/20/2014)
Imagine That
Hard Rock Imagine a Better World and Raises Smile and Funds for Indonesian Children
(12/20/2014)
All [News]!