BMI View: Over 2013, we anticipate year-on-year real growth of 7.7% for Indonesia’s electricity generation. However, we note that the government’s plan to increase electricity prices could result in significant changes to the industry. Our long-term forecasts for Indonesia’s power sector remain unchanged, and we continue to expect the share of coal in total energy generation to rise, in spite of the policy reversal on banning low-grade coal exports in 2014. We continue to expect significant growth in coal-fired capacity in 2013, as approximately half of the predominantly coal-fired capacity from the country’s first 10,000MW fast-track programme is set to …
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