#BUMN
PLN accelerates energy transition through media roundtable, startup collaborations
State power utility PT PLN on Tuesday, December 10, 2024 opened a Media Roundtable with four leading startups to accelerate the development of the green energy ecosystem.
Danantara, Prabowo’s new investment body to be launched soon
The government is expected to launch the Daya Anagata Nusantara Investment Management Agency (BP Investasi Danantara), a new institution predicted to become a superholding of State-Owned Enterprises (SOEs) whose authority is to integrate separate government assets in ministries and SOEs.
PHR boasts success in unconventional oil & gas development in Rokan Block
Pertamina Hulu Rokan (PHR), a subsidiary of State energy company PT Pertamina, has shown significant progress in the development of Unconventional Oil and Gas (MNK) project in the Rokan Working Area (WK) is support the national energy production target achievement.
Erick Thohir supports use of “Maung” as official vehicle for ministers
Minister of State-Owned Enterprises (SOE) Erick Thohir has expressed his full support for President Prabowo Subianto's plan to use the Maung tactical car, produced by State-owned military vehicle manufacturer PT Pindad, as official vehicle for ministers, deputy ministers, and echelon I officials.
Sulzer secures five-year deal with PT Pertamina Geothermal Energy
Sulzer Services (Indonesia), an independent service provider (ISP) and leader in flow control, has signed a five-year customer service agreement (CSA) with PT Pertamina Geothermal Energy (PGE), the Geothermal specialist sub-holding of State energy company PT Pertamina.
Bukit Asam-KAI-Semen Baturaja seal deal on logistics capacity expansion at Kertapati
Coal mining company PT Bukit Asam (PTBA), State-owned railway company PT Kereta Api Indonesia (KAI) and cement producer PT Semen Baturaja (SMBR) havestruck a deal to increase the coal and cement loading and unloading capacity of the Kertapati Area in Palembang, South Sumatra.
Parliament, ministry asked to review ‘Power Wheeling’ scheme in EBT bill
Minister of Energy and Mineral Resources (ESDM) Bahlil Lahadalia has requested the parliament and the ministry to review the power wheeling scheme in the new and renewable energy (EBT) bill in regards with Law No. 30/2009 which stipulates that it is state owned power utility (PLN) that has authority to distribute electricity to the consumers in affordable price.
Pertamina and Rosneft set for FID on refinery project next month
Minister of Energy and Mineral Resources (ESDM) Bahlil Lahadalia has revealed that Indonesian state energy company PT Pertamina and Russian energy company Rosneft are expected to decide on their Final Investment Decision (FID) next month.
Pertamina International Shipping leads ASEAN Shipping Industry Digitalization
Digital transformation of PT Pertamina International Shipping (PIS), a subsidiary of state-owned energy company Pertamina, has gained appreciation and recognition from global shipping industry players upon its success in developing a claim module system in ship operations.
OJK awaits clarification on alleged corruption involving Bank BJB's advertisement
The Financial Services Authority (OJK) has addressed allegations of corruption involving the regionally owned enterprise (BUMD), PT Bank Pembangunan Daerah Jawa Barat (Bank BJB).
PLN to serve clean energy needs as sustainable investment thrives
State power utility PT PLN has voiced its readiness to support the government in creating a sustainable investment ecosystem for the sake of national economic growth.
Pelindo CEO: Jokowi's sea toll program has yet to bear fruit
The Sea Toll program initiated by President Joko “Jokowi” Widodo as a solution to reduce national logistics costs and strengthen maritime connectivity in his second term of government has yet to provide significant economic impact, a top company executive says.