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Indonesia needs 175 bln USD investment to meet power demand over next decade

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JAKARTA, Oct. 29 (Xinhua) — Indonesia will need an estimated 2,900 trillion rupiah (about 175 billion U.S. dollars) in investment over the next 10 years to meet its electricity supply needs, with the majority expected to come from the private sector, the Ministry of Energy and Mineral Resources (ESDM) said on Wednesday.

“For the next 10 years, we are targeting approximately 2,900 trillion rupiah in total invest

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