Low electrification rate will drive the growth of EPC for power plant

p_pameran_kelistrikan_indonesia_2013

Phote Courtesy: Pameran Kelistrikan Indonesia 2013 (http://electricityindonesia.com/pameran_kelistrikan_indonesia_2013_1.htm)

 

PT. Pemeringkat Efek Indonesia ( PEFINDO ) views that the prospect of EPC business in Indonesia will be favourable in the near to medium term. One of the supporting factors is the relatively low electrification rate in the country, which may lead to more constructions of power plant by the State Electricity Company, Perusahaan Listrik Negara (PLN) and/or independent power generator companies. Power plant, given their standardized structures, are generally constructed using EPC scheme and therefore, they are one of the major revenue contributors for EPC contractors.

Source: http://new.pefindo.com/files/2012-12-21-PA-ProspectofEPCforConstructionCompanies.pdf

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