This is the full report of the Indonesian power markets long-term outlook. The new Indonesian government has taken several measures to solve the looming power crisis and improve the performance of the power sector. The 35 GW programme was launched in January 2015, followed by the issuance of supporting regulations such as additional procurement flexibilities and reference ceiling prices for IPP projects. The power price reform continues, with PLN implementing monthly power tariffs adjustment for its customers from early 2015. But several challenges remain, and could continue hamper the power project development, including land matters, financial and resource constraints, fuel supply/infrastructure, bureaucracy and permitting complexities.