Energy and Resources

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PLN looks to solar power plants amidst rare large area for EBT

State power utility PT PLN (Persero) noted that it has found obstacles in the development of new renewable energy (EBT) in Indonesia due to limited large areas available for the project.

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Masdar eyes to propel PGE into global geothermal market, expand to Africa

Masdar, a United Arab Emirates (UAE)-based clean energy company, has the ambition to make PT Geothermal Energy (PGE), a geothermal energy subsidiary of State energy company PT Pertamina, an international market player for energy utilization.

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ADB agrees on US$92.6M financing for Indonesia's geothermal power expansion

The Asian Development Bank (ADB) signed a US$92.6 million (Rp1.5 trillion) financing agreement with PT Supreme Energy Muara Laboh (SEML) for the development of Indonesia's geothermal power resources.

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Indonesia explores oil imports from Russia following BRICS membership

Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, has opened up the possibility for Indonesia to buy oil from Russia after Indonesia officially became a member of BRICS, an intergovernmental organization focusing on economic cooperation and development.

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Antam to build precious metal factory in E. Java in support of downstream industry

State-owned mining company PT Antam is planning to build a precious metal factory at the Java Integrated Industrial and Ports Estate (JIIPE) in Gresik, East Java as part of the efforts to support downstreaming of mineral industry in Indonesia, while utilizing integrated infrastructure of the industrial estate.

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CERI to sue oil&gas stakeholders violating TKDN regulations

Executive Director of the Center of Energy and Resources Indonesia (CERI), Yusri Usman, mulls oversuing oil and gas stakeholders for alleged violation ofregulations regarding the Local Contents (TKDN) obligations.

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UAE's Masdar to expand renewable energy investments in Indonesia.

Masdar, a clean energy company from the United Arab Emirates (UAE) based in Abu Dhabi, has expressed its commitment to increase investment in Indonesia. 

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PT Elecmetal Longteng Indonesia breaks ground on grinding ball plant in Batang

Grinding balls producer PT Elecmetal Longteng Indonesia is building a US$40 million (Rp600 billion) grinding ball production plant in the Batang Integrated Industrial Area (KITB), Central Java.

IDX

INALUM plans IPO on IDX by 2026 or 2027 to unlock value, attract investors

PT Indonesia Asahan Aluminium (INALUM), a subsidiary of State-owned mine holding company MIND ID, plans to list its shares through an initial public offering (IPO) on the Indonesia Stock Exchange (IDX) in 2026 or the latest in 2027.

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MIND ID plans expansion of SGAR Mempawah to boost production, save foreign exchange

Indonesia’s state-owned mining holding company, MIND ID, plans to increase the capacity of its smelter grade alumina refinery (SGAR) located in Mempawah, West Kalimantan.

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PLN applies CCS technology to support NEZ Target 2060

State power utility PT PLN renews its commitment to support the Net Zero Emissions target in 2060 by implementing Carbon Capture & Storage (CCS) technology and Carbon Capture, Utilization & Storage (CCUS) on operational power plants. 

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Indonesia launches CCS regulations to boost industry, achieve NZE target

The Ministry of Energy and Mineral Resources (ESDM) has issued regulations to regulate Carbon Capture and Storage (CCS), which are expected to bring new opportunities for  industries amidst the lingering problems, such as infrastructure.

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