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Energy investors back to Indonesia.

Asia Africa Intelligence Wire

| March 06, 2004 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From The Jakarta Post)

Byline: Fitri Wulandari, The Jakarta Post, Jakarta

After being considered a pariah nation for years by power investors, Indonesia has started to regain investor confidence, largely due to the successful resolution of disputes with independent power producers (IPPs), a senior official said on Friday.

Minister of Energy and Mineral Resources Purnomo Yusgiantoro told a discussion at The Jakarta Post that proposals from IPPs to set up new power projects had been on the increase.

The government, which until recently was gripped by worry over a possible power crisis in the future, has become more optimistic that such a …

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