{"id":139060,"date":"2018-09-06T15:55:26","date_gmt":"2018-09-06T08:55:26","guid":{"rendered":"https:\/\/setkab.go.id\/?p=139060"},"modified":"2018-09-10T06:45:35","modified_gmt":"2018-09-09T23:45:35","slug":"govt-to-delay-power-plant-projects-amidst-rupiah-depreciation","status":"publish","type":"post","link":"https:\/\/setkab.go.id\/en\/govt-to-delay-power-plant-projects-amidst-rupiah-depreciation\/","title":{"rendered":"Gov\u0092t to Delay Power Plant Projects Amidst Rupiah Depreciation"},"content":{"rendered":"<div id=\"attachment_139061\" style=\"width: 310px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2018\/09\/Luhut-B-2.jpg\" rel=\"attachment wp-att-139061\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-139061\" class=\"size-medium wp-image-139061\" src=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2018\/09\/Luhut-B-2-300x200.jpg\" alt=\"Coordinating Ministry of Maritime Affairs, Luhut B. Panjaitan\" width=\"300\" height=\"200\" srcset=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2018\/09\/Luhut-B-2-300x200.jpg 300w, https:\/\/setkab.go.id\/wp-content\/uploads\/2018\/09\/Luhut-B-2-150x100.jpg 150w, https:\/\/setkab.go.id\/wp-content\/uploads\/2018\/09\/Luhut-B-2-600x400.jpg 600w, https:\/\/setkab.go.id\/wp-content\/uploads\/2018\/09\/Luhut-B-2.jpg 750w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-139061\" class=\"wp-caption-text\">Coordinating Minister of Maritime Affairs, Luhut B. Panjaitan<\/p><\/div>\n<p>In a bid to strengthen Rupiah exchange rate against US Dollar, the Government has decided to delay several power plants project in Java.<\/p>\n<p>\u0093We are rescheduling several energy projects for maybe six to twelve months. We want to deal with this currency issue,\u0094 Coordinating Minister for Maritime Affairs Luhut B. Pandjaitan told reporters in Jakarta, Thursday (9\/6).<!--more--><\/p>\n<p>The delay, the Minister said, is an effort to control import of components that causes balance of trade deficit and the depreciation of Rupiah. He added that several energy companies allegedly do not obey the policy of local content requirement (TKDN); consequently, component imports increased.<\/p>\n<p>Nevertheless, Luhut did not reveal which projects that will be delayed but ensured that projects that will be delayed are those that have not reached financial closures. \u0093The projects that have achieved their financial closures will still be continued,\u0094 Luhut said.<\/p>\n<p>For the record, energy projects that have not reached financial close are estimated to reach 15.200 MW, initially targeted to be finished in 2019 but they were eventually delayed until 2021-2026. Nevertheless, the delay of several energy projects is believed to not bring an effect to the target in the electricity sector until the end of 2019.<strong> (<\/strong><strong>ANT\/ES<\/strong><strong>) (HYP\/EP\/Naster)<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a bid to strengthen Rupiah exchange rate against US Dollar, the Government has decided to delay several power plants project in Java. \u0093We are rescheduling several energy projects for maybe six to twelve months. We want to deal with this currency issue,\u0094 Coordinating Minister for Maritime Affairs Luhut B. Pandjaitan told reporters in Jakarta, [&hellip;]<\/p>\n","protected":false},"author":43,"featured_media":139062,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[77],"tags":[],"class_list":["post-139060","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.1 (Yoast SEO v26.1.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Gov\u0092t to Delay Power Plant Projects Amidst Rupiah Depreciation - Sekretariat Kabinet Republik Indonesia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/setkab.go.id\/en\/govt-to-delay-power-plant-projects-amidst-rupiah-depreciation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gov\u0092t to Delay Power Plant Projects Amidst Rupiah Depreciation - Sekretariat Kabinet Republik Indonesia\" \/>\n<meta property=\"og:description\" content=\"In a bid to strengthen Rupiah exchange rate against US Dollar, the Government has decided to delay several power plants project in Java. \u0093We are rescheduling several energy projects for maybe six to twelve months. We want to deal with this currency issue,\u0094 Coordinating Minister for Maritime Affairs Luhut B. Pandjaitan told reporters in Jakarta, [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/setkab.go.id\/en\/govt-to-delay-power-plant-projects-amidst-rupiah-depreciation\/\" \/>\n<meta property=\"og:site_name\" content=\"Sekretariat Kabinet Republik Indonesia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/id-id.facebook.com\/Setkabgoid\" \/>\n<meta property=\"article:published_time\" content=\"2018-09-06T08:55:26+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2018-09-09T23:45:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2018\/09\/Luhut-B-3.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"750\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Office of Assistant to Deputy Cabinet Secretary for State Documents &amp; Translation\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@setkabgoid\" \/>\n<meta name=\"twitter:site\" content=\"@setkabgoid\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Office of Assistant to Deputy Cabinet Secretary for State Documents &amp; Translation\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/setkab.go.id\/en\/govt-to-delay-power-plant-projects-amidst-rupiah-depreciation\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/setkab.go.id\/en\/govt-to-delay-power-plant-projects-amidst-rupiah-depreciation\/\"},\"author\":{\"name\":\"Office of Assistant to Deputy Cabinet Secretary for State Documents &amp; Translation\",\"@id\":\"https:\/\/setkab.go.id\/#\/schema\/person\/ccc9c04099be79c6aa9ed45cb3bf345e\"},\"headline\":\"Gov\u0092t to Delay Power Plant Projects Amidst Rupiah Depreciation\",\"datePublished\":\"2018-09-06T08:55:26+00:00\",\"dateModified\":\"2018-09-09T23:45:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/setkab.go.id\/en\/govt-to-delay-power-plant-projects-amidst-rupiah-depreciation\/\"},\"wordCount\":226,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/setkab.go.id\/#organization\"},\"image\":{\"@id\":\"https:\/\/setkab.go.id\/en\/govt-to-delay-power-plant-projects-amidst-rupiah-depreciation\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/setkab.go.id\/wp-content\/uploads\/2018\/09\/Luhut-B-3.jpg\",\"articleSection\":[\"News\"],\"inLanguage\":\"ENH\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/setkab.go.id\/en\/govt-to-delay-power-plant-projects-amidst-rupiah-depreciation\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/setkab.go.id\/en\/govt-to-delay-power-plant-projects-amidst-rupiah-depreciation\/\",\"url\":\"https:\/\/setkab.go.id\/en\/govt-to-delay-power-plant-projects-amidst-rupiah-depreciation\/\",\"name\":\"Gov\u0092t to Delay Power Plant Projects Amidst Rupiah Depreciation - Sekretariat Kabinet Republik Indonesia\",\"isPartOf\":{\"@id\":\"https:\/\/setkab.go.id\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/setkab.go.id\/en\/govt-to-delay-power-plant-projects-amidst-rupiah-depreciation\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/setkab.go.id\/en\/govt-to-delay-power-plant-projects-amidst-rupiah-depreciation\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/setkab.go.id\/wp-content\/uploads\/2018\/09\/Luhut-B-3.jpg\",\"datePublished\":\"2018-09-06T08:55:26+00:00\",\"dateModified\":\"2018-09-09T23:45:35+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/setkab.go.id\/en\/govt-to-delay-power-plant-projects-amidst-rupiah-depreciation\/#breadcrumb\"},\"inLanguage\":\"ENH\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/setkab.go.id\/en\/govt-to-delay-power-plant-projects-amidst-rupiah-depreciation\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"ENH\",\"@id\":\"https:\/\/setkab.go.id\/en\/govt-to-delay-power-plant-projects-amidst-rupiah-depreciation\/#primaryimage\",\"url\":\"https:\/\/setkab.go.id\/wp-content\/uploads\/2018\/09\/Luhut-B-3.jpg\",\"contentUrl\":\"https:\/\/setkab.go.id\/wp-content\/uploads\/2018\/09\/Luhut-B-3.jpg\",\"width\":750,\"height\":500,\"caption\":\"Coordinating Ministry of Maritime Affairs, Luhut B. 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