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
An Uneasy Truce
Conflict Breaks Out Between Groups Claiming to Run Security at Sky Garden in Kuta, Bali
(5/24/2015)
To the Batcave
20 Kiosks at Goa Lawah Bat Caves Consumed by Fire
(5/24/2015)
Failing to Linger
Average Length-of-Stay in Starred Hotel in March 2015 was 3.25 days.
(5/24/2015)
Beach Assaults
Beach Wrestling on Baliís Kuta Beach September 18-19, 2015
(5/24/2015)
Ending Tobacco Promotion in Denpasar, Bali
Mayor Prepares to Ban all Public Advertising for Tobacco Products in Denpasar, Bali
(5/24/2015)
A Mynah Violation of the Law
Police Confiscate 6 Protected Bali Starlings from an Ubud Bird Collection.
(5/24/2015)
Making Benoa Ship Shape
Detailed Mapping of Port of Benoa, Bali and it Approaches Completed by Hydro-Oceanographic Office
(5/24/2015)
Spouting Off on Sanur Beach
A Pod of Pilot Whales Take Up Temporary Residence Off Sanur Beach in Bali
(5/24/2015)
The Slow Hand of the Law
Badung, Bali Officials Prepare to Place The Crystal Bali on the Bay Resort Project Under Seal
(5/24/2015)
Drivers Who Take the Wrong Path
Bali Tourist Driver Gets Five Years Prison for Selling Drugs
(5/24/2015)
Medical Manipulation?
Irregularities Reported in Bidding Process for Bali Mandara International Hospital Project
(5/24/2015)
Knowing When to Jab
Bali Records First Rabies Death of 2015 in Tabanan Regency as Island Runs Out of VAR Stocks
(5/24/2015)
All [News]!