Risks & Opportunities

PT Daikin Industries Indonesia (DIID), a part of the global Daikin network, has completed the construction of its new air conditioner (AC) manufacturing plant at the Greenland International Industrial Center (GIIC) in Cikarang, West Java on Thursday, December 12, 2024. […]

The Institute for Essential Services Reform (IESR) is optimistic that President Prabowo Subianto administration’s target of completely shutting down all coal-fired power plants (PLTU) by 2040 is attainable. […]

State power utility PT PLN has announced that its floating solar power plant (PLTS) in collaboration with HK based GD Power at the Karangkates Reservoir in East Java will commence operations by 2026. […]

The Ministry of Energy and Mineral Resources (ESDM) has confirmed that the draft National Electricity General Plan (RUKN) for 2024–2060 is aligned with the government’s ambitious economic growth target of 8 percent. […]

Indonesia is making significant strides toward developing nuclear power as part of its long-term energy strategy, with regulatory studies and preparations for Nuclear Power Plants (PLTN) establishment underway. […]

PT PLN Indonesia Power, in collaboration with Saudi investors, is set to develop a Floating Solar Power Plant (PLTS) in Lake Singkarak, Tanah Datar regency, West Sumatra, with an investment of Rp50 trillion (US$3.15 billion). […]

The Purnomo Yusgiantoro Center (PYC), an energy think tank, has emphasized that the development of bioethanol is not only a solution for energy security, but also offers significant opportunities for agricultural innovation. […]

The Institute for Essential Services Reform (IESR) has expressed concerns over the 2021-2030 Electricity Supply Business Plan (RUPTL), which is being touted as a “green” plan, stating that it has not made significant progress toward meeting its renewable energy targets. […]

President Prabowo Subianto hosted members of the Japan Indonesia Association (Japinda) at the Merdeka Palace on Thursday, December 5, 2024, to discuss strategic infrastructure projects, including the Abadi Gas Project in Masela Block and the giant sea wall initiative. […]

The government has signed the first New Gross Split scheme in the Central Andaman Oil and Gas Working Area (WK Migas) Contract with two foreign energy companies, making it the first WK Migas in Indonesia to use this scheme. […]

State energy company PT Pertamina claims that the Balikpapan Refinery Development Master Plan (RDMP) project will bring out the most modern refinery in Indonesia which is targeted for completion in 2025. […]

PT Bank SMBC Indonesia (BTPN), in collaboration with Sumitomo Mitsui Banking Corporation (SMBC), has announced its commitment to supporting Indonesia’s transition to net zero emissions. […]

Cement producer, Semen Merah Putih, is participating in supporting President Prabowo Subianto government’s collaborative program to provide 3 million houses with quality, affordable, and decent buildings for the community. […]

Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, has revealed that Indonesia will build a US$1.2 billion (Rp19.02 trillion) biodiesel raw material factory in Bojonegoro, East Java with a capacity of up to 800,000 tons of methanol per year to reduce imports and support the government’s energy self-sufficiency target. […]

The World Resources Institute (WRI) Indonesia has assessed that Indonesia needs to include funding options from the private sector to achieve the target of developing new renewable energy power plants of 75 gigawatts (GW) as planned by President Prabowo Subianto. […]

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. […]