Tag: BUMN

Government’s plan to apply power wheeling or joint use of power network in the new and renewable energy bill has the potential to attract investors to invest in Indonesia as can be seen in the increased number of global companies committed to use 100 percent of renewable energy, an analyst says. […]

The Indonesia South and Central Asia (Inasca) 2024 Business Forum, held in Jakarta on Monday, October 7, 2024, produced a number of trade and investment deals worth US$ 8.3 billion. […]

Indonesia state power utility PT PLN is committed to continuously support the government’s efforts to reduce carbon emissions and increase economic growth through support for clean energy supply, with biomass energy ecosystem is key in encouraging these efforts. […]

The transportation sector is one of the largest contributors to greenhouse gas emissions in Indonesia that the use of environmentally friendly fuel oil, including those mixed with bioethanol, is one of the best solutions to reduce the emissions. […]

PT PLN Energi Primer Indonesia (PLN EPI) has confirmed its capacity to meet the biomass demand for co-firing in coal-fired power plants (PLTU) throughout 2024, targeting supply of 6.6 million tons of biomass. […]

President Joko “Jokowi” Widodo vows that the government will soon fix the investment procedures and licensing of geothermal power plant in an attempt to achieve the green electricity target much faster than the currently five to six years. […]

The lack of reasearch and development of new and renewable energy technology has made Indonesia a mere market for advanced countries’ technology and led to Indonesia’s dependence on technology of the advanced nations, experts have warned. […]

State electricity company PT PLN has signed an agreement with the Indonesian Central Bank (BI) to use the bank’s operational waste as co-firing raw material for the Bolok Coal Fired Power Plant (PLTU) in Kupang, East Nusa Tenggara (NTT). This collaboration aims to support the national energy transition and carbon emission reduction programs. […]

State-owned energy company PT Pertamina is exploring cooperation opportunity on upstream oil and gas development in Latin America and Carribean region. […]

Civil society orgfanizations offer a bunch of policy recommendations in the energy sector for the first 100 days of the Prabowo Subianto-Gibran Rakabuming Raka administration, suggesting measures for the acceleration of energy transition to realize the globally-campaigned green economy and improve people’s welfare […]

Minister of Communication and Informatics, Budi Arie Setiadi, says Indonesia could become a hub for data center industry in view of the government’s commitment to encourage the availability of infrastructure amid the projected growth of global data center market. […]

Food seasonings producer PT Ajinomoto Indonesia is set to use the services of State electricity company PT PLN’s Renewable Energy Certificate (REC) of 219,000 units per year or equivalent to 219 giga watt hours (GWh) in an attempt to reduce carbon emissions and meet green energy needs for its two factories located in East and West Java. […]

A subsidiary of Indonesia state owned energy company Pertamina, Pertamina Patra Niaga, and PT Sojitz Indonesia established a strategic partnership to support energy transition and carbon emission reduction through the use of Hydrotreated Vegetable Oil (HVO) product. […]

A subsidiary of State-owned energy company PERTAMINA, PT Pertamina Patra Niaga, has set up strategic partnership with PT Vale Indonesia for the provision of environmentally friendly fuel as part of their strategic steps in supporting decarbonization efforts of the government to achieve net zero emissions by 2060. […]

As the government has approved the merger of State airport operators PT Angkasa Pura I and II, Minister of State-Owned Enterprises (SOEs) Erick Thohir ensures that this corporate action will not result in any employee layoffs. […]

State gas distributor PT Perusahaan Gas Negara (PGN) is seizing the opportunity to optimize the gas supply potential from the Andaman Block through the construction of the Dumai-Sei Mangkei gas pipeline, funded by the state budget (APBN). […]

PT Pertamina Geothermal Energy (PGE), a subsidiary of State energy company PT Pertamina, has announced a new strategy to accelerate the development of geothermal energy as part of Indonesia’s national energy transition. […]

Pertamina New & Renewable Energy (Pertamina NRE), a subsidiary of State energy company PT Pertamina, has proven its seriousness in developing the bioethanol business, formally establishing cooperation with PT Sinergi Gula Nusantara (SGN) and the East Nusa Tenggara (NTT) provincial administration on Thursday, September 5, 2024. […]

State fertilizer company PT Pupuk Indonesia, ACWA Power and two subsidiaries of State electricity company PT PLN − PLN Energi Primer Indonesia and PLN Indonesia Power − on Friday, September 6, 2024 signed a Head of Key Terms (HoT) agreement for the procurement of green hydrogen in the development of green ammonia. […]

State electricity company PT PLN and PT HDF Energy Indonesia (HDF Energy) on Thursday, September 5, 2024, inked an agreement that will explore the opportunities to develop a robust hydrogen ecosystem in Indonesia […]

State energy company PT Pertamina signed four cooperation agreements with local and international companies and institutions on Thursday, September 6, 2024, aimed at supporting the government’s climate change action and energy transition commitment. […]

President Joko Widodo says that solving climate change requires a sustainable collaboration between developed (Global North) and developing (Global South) countries. […]

A policy observer has voiced his opposition against the government’s plan to allow the private sector to use State electricity company PT PLN’s transmission and distribution network to sell their electricity, also known as Power Wheeling Policy, in the Renewable Energy Bill. […]

PT Pertamina International Shipping (PIS), a subsidiary of State energy company PT Pertamina, is planning to go public through an Initial Public Offering (IPO) on the Indonesia Stock Exchange, aiming for a listing by late 2025 or early 2026. […]

Indonesia’s State energy company PT Pertamina, through its subholding Pertamina International EP (PIEP), has finalized an agreement with Tanzania Petroleum Development Corporation (TPDC) to explore potential cooperation in oil and gas sector. […]

The House of Representatives (DPR) has expressed deep concern over the ongoing crisis faced by state-owned pharmaceutical company PT Indofarma (INAF) that requires urgent attention. […]

Indonesia’s Pertamina New and Renewable Energy (Pertamina NRE) and Africa’s conglomerate Guma Group signed a joint study agreement (JSA) on potential development of gas to power in South Africa. […]

A subsidiary of state-owned construction company PT Wijaya Karya, PT Wijaya Karya Bangunan Gedung (WEGE), reported a significant increase in new contract revenue by July 2024, reaching a total of Rp1.21 trillion (US$77.9 million). […]

State-owned energy company PT Pertamina on Thursday, August 29, 2024, launched integrated digitalized licensing that is targeted to facilitate the decision-making process, strengthen existing businesses, and provide the opportunity to build new businesses. […]

PT Elnusa (ELNUSA), a subsidiary of PT Pertamina Hulu Energi (PHE) which is a member of Pertamina’s Upstream Subholding, continues to develop innovations in the products and services offered to reach a wider market. […]