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PLN teams up with TANESCO on geothermal business expansion in Tanzania
State electricity company PT PLN is expanding synergies in the development of geothermal power plants (PLTP) in East Africa with Tanzania Electric Supply Co Ltd (TANESCO).
PLN constructs 191 SUTT towers, 30 MVA substations in West Kalimantan
State electricity company PT PLN has constructed 191 high-voltage overhead transmission line (SUTT) towers of 150 kV Sandai - Incomer (Ketapang-Sukadana) with a length of 129,762 kilometers of circuit (kms) and provided electricity to the 30 Megavolt Ampere (MVA) Substation in Muara Jekak Village, Ketapang, West Kalimantan.
PTBA's aggressive development of Solar Power plants to boost renewable energy
PT Bukit Asam (PTBA), a member of the MIND ID Group in the coal mining sector, continues to drive its business processes through technological innovation in the use of renewable energy.
Agincourt commits Rp457 B for Martabe Gold Mine closure by 2033
Mining company PT Agincourt Resources has allocated a commitment of approximately US$29 million or equivalent to Rp457.91 billion for the closure of the Martabe Gold Mine area in North Sumatra, after the contract ends in 2033.
LG, Antam to finalize joint venture agreement next week
A consortium of South Korean battery maker LG Energy Solution (LGES) and an Indonesian consortium of National diversified miner PT Aneka Tambang (Antam) and its subsidiary Indonesia Battery Corporation will finalize the establishment of joint venture companies this week.
Pertamina International Shipping plans IPO, set to release minimum 10% of shares
PT Pertamina International Shipping (PIS) is gearing up for an initial public offering (IPO) on the Indonesia Stock Exchange (BEI) in the coming year, with plans to release a minimum of 10 percent of its shares to the public.
Pertamina International Shipping books revenue of Rp51.56 trillion in 2023
PT Pertamina International Shipping (PIS), a subholding of Pertamina engaged in integrated logistics and shipping, reported a revenue of US$3.3 billion, equivalent to Rp51.56 trillion in its unaudited financial performance for 2023. This represents an 18 percent increase compared to the 2022 realization of US$2.8 billion or Rp43.75 trillion. The net profit after tax for 2023 reached US$304 million, marking a 48 percent increase from the previous year's figure of US$205 million.
Another smelter fire in Morowali: Chronology
Only less than a month after a previous incident, another smelter fire occurred in the Morowali industrial area, Central Sulawesi, on Friday, January 19, 2024, affecting the smelter furnace owned by PT Sulawesi Mining Investment (SMI).
Pertamina Intl Shipping to have 15 more ships for business strengthening
PT Pertamina International Shipping (PIS), a Pertamina subsidiary engaged in integrated logistics and shipping, has ordered 15 medium-sized ships (40-50,000 deadweight) from Hyundai Mipo Dockyard, Ulsan, South Korea.
PLN to launch Indonesia's first hydrogen refueling station
Indonesia is poised to witness a groundbreaking development as State-owned electricity company PT PLN, under its subholding PLN Indonesia Power, gears up to operationalize the country's inaugural hydrogen refueling station (HRS) in Senayan, Jakarta. With the construction progress reaching an impressive 98 percent, the HRS is slated for completion by February 2024.
PLN to illuminate Lampung with 2 mini-Hydro Power Plants
In a strategic move toward sustainable energy practices, State electricity company PT PLN has recently achieved a milestone by commissioning two units of the Besai Kemu Mini-Hydro Power Plant (PLTM) in Lampung.
CMNP secures IDR 600 B, Harbour Toll Road II to complete by 2025
Director General of Highways at the Ministry of Public Works and Housing, Hedy Rahadian, said on Monday that he was optimistic that the elevated Harbour Toll Road II, connecting East Ancol to Pluit, will be completed by 2025.