"Most expensive in the world? Our price for electricity is even cheaper than Singapores and Malaysias," Secretary of the Directorate General of Electricity at the Energy and Mineral Resource Ministry Agoes Triboesono told ANTARA here on Monday.
Agoes said the Indonesian price of electricity is more interesting that offers by other countries such as ASEAN countries.
In addition, Indonesias internal condition to develop electric energy is more favorable than earlier, he said.
"Any one or survey saying that Indonesias electricity is the most expensive in the world, the survey is not valid or failed to see all variable involved," he said.
The administered price of power by July, 2017 is around Rp1,352 per kWh up from Rp605 per kWh by December, 2016 as against Malaysias price of Rp1,360 per kwh, and U.S. price of US$10.42 per KWH.
The tariff for non subsidized power by August, 2017 is Rp1,467.28 per kWh. The price for 900 VA consumers is slightly lower at Rp1,352 per kWh.
"Even in ASEAN we are quite competitive , how could ones say we are the most expensive in the world? That is certainly not valid and wrong," he said.(*)