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PLN to receive Rp 9.6t from state coffers to build power infrastructure

first_img“We will use the funds as equity and reduce PLN loans,” PLN president director Zulkifli Zaini told House of Representatives lawmakers in Jakarta on Monday evening.His presentation and the regulations show that 86 percent of the capital is slated to develop transmission infrastructure, including high-voltage power lines and substations, all in western Indonesia except for several projects in Sulawesi.The country’s heavy investment in the infrastructure of electricity distribution is part of Indonesia’s efforts to achieve a 100 percent electrification ratio this year. The ratio – a measure of the proportion of communities with electricity – reached 98.89 percent last year.However, Zulkifli said the latest capital injection was insufficient to meet Indonesia’s power infrastructure targets. He said that meeting such targets would cost an estimated Rp 15.2 trillion, funds that the company has been raising through bank loans and global bonds. PLN slated 3 percent of the working capital injection to be used for electricity distribution infrastructure and 11 percent for renewable energy power plants in Sulawesi, Kalimantan, Aceh, Papua island and East Nusa Tenggara. The latter two are Indonesia’s most impoverished regions.“The [3 percent] capital is only for renewables. Not for fossil fuels,” added Zulkifli.Energy analyst Fabby Tumiwa said the use of renewable energy was cost-effective, as the state capital injections would be used to electrify 433 remote villages, most of which were located in West Papua and Papua.Many of the targeted villages in Papua are located in densely forested mountain areas.Read also: Indonesia to electrify 433 remote eastern villages“The most cost-effective solution to provide electricity there [in Papua and West Papua] is through the use of local energy, the renewable energy sources. An even better option is to distribute the plants’ electricity with a mini-grid or micro-grid,” he said.In electrifying the villages, PLN plans to expand electricity networks, build renewable energy power plants and distribute handheld ‘Talis’ battery packs. PLN estimates the electrification program would cost at least Rp 1.26 trillion.For PLN, expanding its electricity networks is also a strategy to weather a domestic electricity oversupply that strains the company’s cash flow due to the lower demand during the pandemic.The electricity giant is particularly focused on expanding its network to high industrial activity regions such as manufacturing-heartland Java and mineral-rich Sulawesi.PLN’s spending on privately owned power plants (IPPs) is projected to exceed its own fuel spending by 2021, due to the oversupply, warns a recent Institute for Energy Economics and Financial Analysis (IEEFA) study. IEEFA director Melissa Brown, who authored the study, said the COVID-19 pandemic exacerbated the financial problem as electricity domestic demand collapsed yet PLN remains obligated to buy a certain amount for electricity from IPPs.“The COVID-19 crisis has upended Indonesia’s financial settings and PLN’s dealings with the Indonesian public and global markets will need to be adjusted to face the new reality,” she said in a statement on April 7.PLN booked a net loss of Rp 38.9 trillion in this year’s first quarter, down from a net profit of Rp 4.12 trillion in the same period last year, after the rupiah exchange rate fell to a record low against the greenback in March.Topics : State-owned electricity giant PLN is slated to receive Rp 9.6 trillion (US$695 million) in state capital injections (PMN) from the government this year to develop power infrastructure in Indonesia and increase the country’s electrification ratio.The capital comprises Rp 5 trillion from the 2020 state budget and Rp 4.6 trillion diverted from the Energy and Mineral Resources Ministry budget. PLN will use the capital to develop renewable energy power plants, power lines and substations.The funds allocation is stipulated in Government Regulation No. 37/2020 and No. 36/2020, both of which were issued on July 7.last_img read more

A call issued for citizens to get back to ‘order’

first_imgDr. Leon ColymoreA strong call is being issued for citizens in Dominica to get back to the ‘order’ that God established in the earth, in order to see prosperity.The call came from Dr. Leon Colymore, a minister and founder and CEO of the World Outreach Ministries (WOMB), a nonprofit organization that assist churches, pastors, and Parachurch organizations by maximizing resources and networking the mind, body, and spirit. Dr Colymore will be the featured speaker at a three-day seminar on the topic ‘Divine Order’, which will be held at the New Wing of the Dominica Grammar School from November 14th to 16th from 7:00pm.Dr Colymore believes that because man has deviated from God’s Divine Order, this has caused a lot of unrest in the world today; a problem that many top experts cannot solve or get answers to.“Divine Order is a topic that we are dealing with because men have strayed away from the order that God had established in the earth. You see today in the world there is economic instability, unemployment, social unrest, there are so many problems that the world is faced with right now, people do not know what to do. Just look at the bigger nations in Europe, they don’t have the answers, but God has the answer. And God wants to bring us back to the place where we go back to his original plan that he established when he made the earth. We see that when God established order, he established authority, government, law, rule and order. We need to get back to that.”Recent data shows that authority or the rule of law is now becoming a big issue for many governments around the world. Record shows increased changes in government’s leadership, the rule of law and their respective constitutions while grappling with the many societal problems affecting nations.Dr Colymore said that the seminar will speak directly to leaders and those placed in authority. “We are also looking at the whole concept of Government. We need to realize that Government is very important. Do you know that Government really is a ministry of God? God made them His ministers in the earth to put laws in place, to put us under control and to establish law and order. And during the seminar we will look at the concept of law, and why Government is there in the earth to keep us in control so that we can leave healthy pleasing lives. In fact the Bible says that when the righteous rule, we will have peace in the earth.” Dr Colymore said that while the head of the family and the family itself is responsible for the decrease in order at the home, citizens have a personal responsibility to take control of their lives and be good citizens.“The family is critical to the earth, we have marriage; male and female, and then out of marriage you have a family and in the family you have children. The family is the psychological, the emotional, educational and the social incubator for development. After you have the family, you have the community followed by the nation or the society. Everyone comes from a family and if we could get ourselves back in order, that’s what God would want. But also too, we’re looking at the personal order in our lives. Every human being must get themselves in order. The Coordinator for the Seminar, Mr. Hansel Valerie is encouraging Dominicans to turn out in large numbers at the event which promises to leave a lasting impact on the lives of the participants.“There is a focus on the spiritual aspect of order, however the order that we speak of comprises order in society, not only order in the church but order in the home, the family, the workplace, in government, in the secular sector. It is open to everyone and anyone who has a desire to develop or inform himself, or has a desire for personal growth and personal development. We would encourage as many people as possible to attend.”Persons wishing to register may contact Mrs Kathleen Cornelius at the Dominica Grammar School or Mr. Hansel Valerie at 4482217. A contribution fee of $20.00 is required.Dominica Vibes News Share 17 Views   no discussions Share LocalNews A call issued for citizens to get back to ‘order’ by: – November 9, 2011center_img Share Sharing is caring! Tweetlast_img read more

Lady Wildcats Linksters Get 1st Place Finishes At Batesville & Lapel

first_imgThe Lady Wildcats participated in a ti-meet with the Batesville Bulldogs and the Oldenburg Twisters on Friday. The team posted a team of score of 169 and took home the win.  OA scored 200. This takes the teams record to 3-0 on the season.Senior, Dana Branstetter, took medallist honors with a score of 39 followed bt Kendyl Brack – 44, Abby Orschell – 47, Maggie Brack – 48, Gracie Graf – 45, Jade Allen – 57, Ashlan Hill – 55, Sam Ebrens – 58, Erin Hesselbrock – 64, and Camryn Brewer – 52.The Lady Wildcat golfers travelled on Saturday up to Anderson to participate in the Bulldog Invitational hosted by Lapel High School. They played at Edgewood Country Club, which is the site of their Regional tournament. 18 teams took participated in the event and the Wildcats came out on top with a score of 350.It is their first invite win of the season. Senior, Dana Branstetter, was low for the team with a score of 81. Other Wildcats scoring include Kendyl Brack – 85, Abby Orschell – 91, Maggie Brack – 93, and Gracie Graf – 106.Other team scoring. New Palestine 352, Westfield 357, Columbus East 366, Richmond 373, Union County 377, Park Tudor 382, Lapel 385, Covenant Christian 390, Heritage Christian 393,  Muncie Central  397, Hagerstown 421, Eastbrook 425, Pendleton Heights 430, New Castle 444, Hamilton Heights 459, Shenandoah 483, and Elwood 532.“Anytime you enter an event with 18 teams and your team comes out the winner you know you had a solid day. I’m very proud of the way these girls came together today and went out and played the way I always new they could. There’s still a lot of golf left to our season and I know that today was just the boost of confidence our team needed.”  Wildcats Coach Marissa Mears.The Lady Cats will be back in action this Wednesday when the travel to Rushville for a tri-meet against Rushville and Cambridge City Lincoln.last_img read more

WBB : Defense leads Syracuse in ‘signature’ win over Cardinals

first_img Comments Facebook Twitter Google+ An Erica Morrow free throw put Syracuse up six with just 30 seconds left. All the Orange had to do was protect the 3-point line against Louisville, and it would walk away with the victory.Cardinals guard Tia Gibbs hurried the ball up court to the right wing. Junior Becky Burke, a 40 percent 3-point shooter on the season, came at her teammate for a handoff. As the two Cardinals crossed, Gibbs faked the pass and pulled up for a 3 one dribble later.But SU guard Elashier Hall jumped right in her face. With no room for a shot, Louisville head coach Jeff Walz had to call a timeout. On the ensuing inbounds play, Burke jacked up a shot from the left wing with Syracuse’s Carmen Tyson-Thomas contesting. It clanged off the rim, and Hall pulled in the rebound, all but sealing the Orange victory.Syracuse pulled out a 53-45 victory over the Cardinals on Wednesday in front of 1,343 fans in the Carrier Dome. It was the fewest points a conference opponent scored on the Orange (18-7, 6-6 Big East) all year and was the lowest total for Louisville (16-10, 7-5) this season. The Cardinals shot just 28 percent from the field and hit only 5-of-26 from 3-point territory.AdvertisementThis is placeholder text‘I’ve seen them shoot the ball obviously a lot better than that,’ SU head coach Quentin Hillsman said. ‘But I think our guards and our forwards did a very good job eliminating their 3s. … If you want to play a zone and they’re going to get five 3s in an entire game, I think you can be happy with the zone.’From the opening tip, both teams struggled offensively. After the Cardinals took a 9-7 lead with 12:06 left, they tallied just one bucket over the next 10 minutes of play. That stretch included 10 missed 3-pointers in a row for Louisville.While the UL shooters faltered from deep, the Orange shut down any inside threats. SU center Kayla Alexander established herself in the paint early on the defensive end when Monique Reid tried to drive to the basket. Louisville’s leading scorer went straight at Alexander, but the sophomore was up for the challenge, holding her ground and swatting the shot away.‘I just wanted it,’ said Alexander, who finished with four of Syracuse’s eight blocks. ‘I tried to go out and stop them from getting easy baskets.’But while the Cardinals offense stalled, SU was only able to build a 12-point lead. A short Louisville spurt that included two 3-pointers by Gibbs just before halftime closed the gap to 23-19 at the break.Still, the defensive struggle continued into the second half. Louisville continued to get looks at the basket — sometimes contested, sometimes wide open — but couldn’t find any rhythm from beyond the arc. The Cardinals’ second-leading scorer, Shoni Schimmel, finished the game shooting 1-of-12 from 3-point range and missed all five of her two-point shots.‘We probably could have just stopped at half court and thrown them up,’ Walz said. ‘And we’d make just as many.’As the game wore on, Louisville managed to hang around as Syracuse couldn’t pull away on the other end. In the second half, the Orange never led by more than the eight-point final margin, and it was much closer throughout the period.For senior guard Morrow, the clock simply would not move fast enough as the Cardinals refused to go away.‘As the point guard and always being aware of the clock,’ Morrow said, ‘it felt like it was taking a really long time.’The Orange finally put the game away late with some offensive rebounding.After taking a 47-45 lead with 2:51 left and regaining possession after the Cardinals missed yet another 3-pointer, SU maintained possession for the next 73 seconds. The Orange’s misses resulted in rebounds by Alexander, forward Iasia Hemingway and Tyson-Thomas, allowing Syracuse to run the clock down.Once Louisville finally got the ball, it couldn’t claw back.As the final seconds ticked off, Hillsman didn’t let his emotions show as he clapped nonchalantly and shook hands with the Cardinals. But he said after the game just how important this victory was for SU.‘This was one of those games where we needed to come out and get a signature win in conference,’ Hillsman said. ‘And I believe this is definitely one.’[email protected]center_img Published on February 16, 2011 at 12:00 pmlast_img read more

US Airways will launch new flights to Rome from it

first_imgUS Airways will launch new flights to Rome from its North Carolina hub in time for next summer’s holiday season.The carrier will begin servicing the Italian capital from Charlotte on May 13th, which will complement its existing route to Rome from Philadelphia.Flights to Rome will operate on a daily, year-round basis using an Airbus A330-300 aircraft, with departure times scheduled for 18:15 (local time) before arrival in Italy at 09:30 (local time) the following morning.Suzanne Boda, US Airways’ senior vice president of airport customer service, said that Rome is one of the carrier’s “most popular European destinations”.”Our new service from Charlotte will offer our customers throughout the south-eastern United States another convenient option for travelling to the eternal city,” she commented.US Airways currently offers flights to London Gatwick, Frankfurt and Paris Charles de Gaulle from Charlotte, while later this month it was launch flights to Rio de Janeiro, its first South American destination from North Carolina.The carrier is due to enter a code-share agreement with TACA Airlines in the new year, which will benefit passengers on flights to Rio, Mexico, Costa Rica and Belize.ReturnOne wayMulti-cityFromAdd nearby airports ToAdd nearby airportsDepart14/08/2019Return21/08/2019Cabin Class & Travellers1 adult, EconomyDirect flights onlySearch flights Map RelatedFlights to Oahu launched by US AirwaysUS Airways has launched new daily flights to Honolulu from Charlotte in North Carolina.Non-stop flights to Honolulu from Charlotte planned by US AirwaysUS Airways has announced plans to launch new non-stop flights to Honolulu, Hawaii from Charlotte, North Carolina.New flights to Rio will be introduced by US Airways this winterUS Airways will launch new daily flights to Rio de Janeiro from its hub at Charlotte Douglas International Airport.last_img read more