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#32067 - 12 May 06 13:30 JP/Indonesia's state firms start using biodiesel fuel
biznews Moderator Offline
Pujangga Besar

Registered: 24 Apr 08
Posts: 7508
Loc: Jakarta
May 12 11:20

Indonesia's state firms start using biodiesel fuel

Jakarta (Antara News) - A number of major state companies have reportedly agreed to use biodiesel to substitute oil fuel.

Bisnis Indonesia daily reported that electricity company PLN, plantation company PT PN VII and railway company PT Kereta API, signed an agreement Wednesday with the Technology Application Agency (BPPT) to use biodiesel as fuel.

Research and Technology Minister Kusmayanto Kadiman said the program is to economize on oil and reduce fuel subsidy.

Under the agreement a mixture of pure palm oil and automotive diesel oil will be used to fuel oil fired power plants of PLN and diesel locomotive and generating sets of PT KA.

Kadiman said the government has set aside Rp60 billion (US$6.7 million) to finance the construction of four biodiesel factories using castor oil or palm oil as feedstock. (*)
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#32068 - 12 May 06 14:04 Re: JP/Indonesia's state firms start using biodiesel fuel
D'ruby Offline
Pujangga

Registered: 13 Feb 06
Posts: 2177
Loc: My
Hmm good prospect of business, I will get more money coz I am living in the jungle of palm oil smile
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#32069 - 12 May 06 14:07 Re: JP/Indonesia's state firms start using biodiesel fuel
KuKuKaChu Moderator Offline
Pooh Bah

Registered: 09 Oct 05
Posts: 10790
Loc: Centre of the Universe
i'm getting a lot of enqiries at the moment relating to biofuels ... people wanting to set up plantations, oil processing plants, and the like ... but i'm not sure the economics are there yet: subsidised deisel is Rp4300 a litre, CPO is Rp6500 on the world market ... it doesn't add up, at least not yet.
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