Risks & Opportunities

Seamless steel tube producer PT Rainbow Tubulars Manufacture (RTM), a subsidiary of PT Sunindo Pratama (SUNI), has set the target for the new plant under construction to operate commercially in third quarter of 2025. […]

Cement and building material company Siam Cement Group (SCG) says it is not interested in producing ammonia and green hydrogen in the near future upon learning form results of the company’s own study that the production cost of the two gases is still too costly. […]

Krakatau Chandra Energi (KCE), a subsidiary of PT Chandra Asri Pacific (TPIA), has planned to expand into a number of renewable energy projects, through the acquisition of hydropower plants (PLTMH) in Java. This acquisition aims to increase the capacity of the green energy mix in supporting the sustainability of the company’s operations. […]

The President Prabowo Subianto administration has plans to increase electricity capacity by 103 gigawatts (GW) in 15 years, some 75 GW of which will come from new and renewable energy plants, 5 GW from nuclear power plants, and the rest from gas-powered plants. […]

State-owned telecommunicatiion company PT Telekomunikasi Indonesia (Telkom) has set an ambitious target to build data centers with a total capacity of 500 megawatts (MW) by 2030 in line with the company’s commitment to environmental sustainability. […]

Telecommunications company Indosat Ooredoo Hutchison has expressed commitment to establish an AI center in Central Java, with further plans to expand to Jakarta and Jayapura, noting that the company has requested three key areas of support from the Prabowo Subianto administration. […]

Pertamina New and Renewable Energy (Pertamina NRE), in collaboration with PT Sinergi Gula Nusantara (SGN), plans to construct a bioethanol plant in Banyuwangi, East Java, with an annual production capacity of 30,000 kiloliters. […]

Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, has hinted at the possibility of securing a new investor for the Tuban Grass Root Refinery (GRR) project if Russia’s Rosneft Oil Co PJSC fails to provide clarity on its commitment to the venture, as it faced setbacks due to geopolitical issues. […]

The Ministry of ESDM has announced plan to establish LPG production plant using local propane and butane resources. With production capacity could range from 1.5 to 2 million tons annually, to address the country’s high LPG demand, which far exceeds its domestic production capabilities. […]

Energy company PT TBS Energi Utama (TOBA) is set to have two new renewable energy (EBT) power plant projects in Sumatra − a mini hydro power plant (PLTMH) in Lampung and a floating solar power plant (PLTS) in Tembesi Reservoir, Batam −next year. […]

Celios has criticized Indonesia’s push for CCS technology, labeling it a “false solution” in the nation’s energy transition efforts. Bhima Yudhistira, Executive Director of Celios, argued that CCS enables continued fossil fuel dependency rather than encouraging industries to switch to cleaner energy sources. […]

Indonesian State-owned fertilizer holding company PT Pupuk Indonesia unveiled the groundbreaking Green Ammonia Initiative from Aceh (GAIA), the world’s first hybrid ammonia project, during the UN Climate Change Summit (COP29) in Baku, Azerbaijan, on Tuesday, November 12, 2024. […]

The Ministry of Energy and Mineral Resources (ESDM) has managed to auction 14 out of 20 Mining Business License Areas (WIUP) offered in 2023, yet has to deal with low demand for iron ore mining areas despite the fact that Indonesia imports roughly 16 million tons of iron ore annually. […]

The Ministry of ESDM recently revealed a massive oil and gas potential in Warim, a region in Papua. According to the Head of the Geological Agency, Muhammad Wafid, Warim’s resources could produce up to 1 million barrels of oil per day, comparable to nearby reserves in Papua New Guinea. […]

Local pharmaceutical company PT Sunthi Sepuri is enhancing its production capacity to contribute to Indonesia’s economic recovery, aiming for Rp1 trillion (US$63.5 million) in sales by 2030. The company has begun building new production facilities at its existing plant in Cikupa, Tangerang, Banten. […]

PT Vale Indonesia has signed an agreement with Chinese waste recycling company GEM Co., Ltd to build a nickel processing and refining facility utilizing High-Pressure Acid Leaching (HPAL) technology. The US$1.4 billion (Rp21.93 trillion) project will produce approximately 60,000 tons of Mixed Hydroxide Precipitate (MHP) annually. […]

Russian tech company Yandex, known as a major competitor to Google, has expressed interest in investing in Indonesia, specifically in establishing a data center, as well as contributing to digital talent development and artificial intelligence (AI) advancement in Indonesia. […]

PT Geo Dipa Energi plans to expand its geothermal power capacity by adding seven new units at the Mount Patuha Geothermal Power Plant (PLTP) in Bandung, West Java. The Patuha Unit 2 is expected to commence operations by 2027, with the third unit targeted for 2032. […]

The Geological Agency of Indonesia’s Ministry of Energy and Mineral Resources (ESDM) has revealed promising lithium prospects at Bledug Kuwu, Grobogan, Central Java, leading  to a partnership with the French company, PT Eramet Indonesia Mining, aimed at exploring and tapping into lithium resources across the nation. […]

Pertamina Patra Niaga, a subsidiary of State-owned energy company PT Pertamina, plans to begin production of hydrotreated vegetable oil (HVO) biofuel at its Dumai refinery in Riau. Currently, HVO production is based at the Cilacap refinery in Central Java. […]

Apple Inc. has reportedly proposed a nearly US$10 million investment (Rp157.5 billion) to establish a facility in Indonesia dedicated to producing components for iPhones and iPads. The new plant, potentially located in Bandung, West Java, is expected to be operated by one of Apple’s suppliers, according to a source as quoted by the South China Morning Post (SCMP). […]

The Ministry of Industry inaugurated Southeast Asia’s largest seamless pipe factory on Wednesday, November 6, 2024, a joint operation between PT Artas Energi Petrogas and Inerco Global International. […]

The Indonesian government is pushing for the expansion of natural gas infrastructure, particularly in rural areas across Java, to decrease reliance on imported liquefied petroleum gas (LPG) and reduce related subsidies. […]

Minister of State-Owned Enterprises (SOEs) says the government has decided to cancel the Terminal 4 construction of the Soekarno-Hatta International Airport (SHIA) as the capacity of the existing terminals is sufficient to meet current passenger needs. […]

PLN Indonesia Power (PLN IP), through its joint venture subsidiary PT Trina Mas Agra Indonesia (TMAI), inaugurated on Friday, November 1, 2024 an integrated solar panel factory in Kendal, Central Java, with an initial production capacity of 1 Gigawatt Peak (GWp). […]

The Purnomo Yusgiantoro Center (PYC), an energy think tank, has emphasized that the development of renewable energy (RE) in Indonesia is a critical factor for attracting multinational companies to invest in the country. […]

The Ministry of Energy and Mineral Resources (ESDM) has reported that investment in mineral downstreaming in North Maluku was recorded at Rp55 trillion (US$3.5 billion) in the period of January to September 2024. […]

A research team from the Department of Mechanical and Industrial Engineering at Gadjah Mada −University (UGM) has developed a new wind turbine, named “Antasena,” to optimize new and renewable energy (EBT) utilization in Indonesia’s remote and underdeveloped regions, commonly known as 3T areas (frontier, outermost, and underdeveloped regions). […]

A senior government official has warned of potential depletion of the country’s nickel reserves within the next four to five years along with the operation of hundreds of nickel smelters that will definitely drain the reserves. […]

The Indonesian government has partnered with Vietnamese investors to develop a large-scale dairy industry in Poso, Central Sulawesi, aimed at supporting President Prabowo Subianto’s initiative for a free nutritional meal program. […]