• GE reaffirms commitment and investment to meet Indonesian power generation needs
  • GE and Barata Indonesia sign Memorandum of Understanding to collaborate on local manufacturing
  • Summit convenes business and government leaders to accelerate progress in support of Indonesia’s 21st century energy agenda

GE (NYSE:GE), in association with the Indonesian Chamber of Commerce and Industry (KADIN), hosted today the Future of Electricity Summit. Alongside the summit, GE and Barata Indonesia signed a Memorandum of Understanding (MOU) to collaborate on manufacturing parts and provide services for GE’s aero derivatives, heavy duty gas turbines, boilers for coal-fired power plants and renewable energy solutions. In addition, GE committed to support a technology pilot that aims to accelerate rural electrification across Indonesia, a key priority of the Indonesian Government’s poverty alleviation program.

“We are pleased to collaborate with GE Indonesia on manufacturing parts and provide services for GE’s aero derivatives, heavy duty gas turbines, boilers for coal-fired power plants and renewable energy solutions,” said Silmy Karim, CEO PT Barata Indonesia. “This is a strategic milestone for PT Barata Indonesia to become a world class engineering procurement company.”

During the summit, business and government leaders discussed the digital transformation of the electricity sector and how digital solutions, now commercially available, can improve power generation and distribution across Indonesia. These digital solutions are expected to deliver improved efficiencies, reduce energy costs and provide greater access to electricity. On the policy side, summit participants discussed a range of key regulatory issues including human capital and tariffs.

“GE continues to expand the local content in our solutions that we bring to the country, and the collaboration with Barata Indonesia is part of this commitment,” Steve Bolze, president and CEO of GE Power said. “We applaud President Joko Widodo’s commitment to increase the country’s electrification rate and the tremendous economic opportunity he is creating for Indonesia. We share his progressive vision that access to electricity is foundational to economic growth, job creation and significant advances in quality of life.”

Summit participants also discussed GE’s collaboration with PLN, several of which were completed in six months after initial discussions. In June of this year, GE brought on-line a 100 MW mobile plant in Gorontalo, as part of Indonesia’s 35 GW program. Most recently, GE worked with PLN Batam to commission the first of eight projects, a 50MW plant using GE’s TM2500 Fast Power solution in Jeranjang, Lombok.

GE also announced its commitment to fund a pilot project in Eastern Indonesia to showcase technology which can help electrify remote villages. This pilot is in support of the government’s Bright Indonesia program which aims to electrify more than 12,600 villages. The program will deploy digitally-enabled hybrid power solutions. GE is also testing this hybrid technology in India and Africa.

“Access to electricity is a basic human right,” said Steve Bolze. “We recognize the challenge ahead and welcome the opportunity to work with the Indonesian government and PLN to bring to market the most innovative solutions available for this unique and important region.”

GE has been a development partner with Indonesia for over 70 years and employs approximately 1,300 employees across the country. Today, greater than 30% of Indonesia’s power generation installed base is powered by GE technology. These power generation solutions include mobile power plants, affordable fossil fuel-based generation, combined cycle gas and aero derivative turbines, reciprocating engines and renewable energy solutions that offer long-term sustainability.

To download GE’s digital press kit for Future of Electricity, click here.

About GE

GE (NYSE: GE) is the world’s Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE is organized around a global exchange of knowledge, the "GE Store," through which each business shares and accesses the same technology, markets, structure and intellect. Each invention further fuels innovation and application across our industrial sectors. With people, services, technology and scale, GE delivers better outcomes for customers by speaking the language of industry. www.ge.com

About GE Power

GE Power is a world leader in power generation with deep domain expertise to help customers deliver electricity from a wide spectrum of fuel sources. We are transforming the electricity industry with the digital power plant, the world’s largest and most efficient gas turbine, full balance of plant, upgrade and service solutions as well as our data-leveraging software. Our innovative technologies and digital offerings help make power more affordable, reliable, accessible and sustainable.

For more information, visit the company's website at www.gepower.com and follow us on Twitter @GE_Power.

GE PowerKatie Jackson, 1-518-265-9779katie.jackson@ge.comorGE IndonesiaAriavita Purnamasari, +62 811 158 8685ariavita.purnamasari@ge.com

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