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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.
Analyst: Power wheeling will increase Indonesia’s investment climate
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.
Inasca 2024 Forum seals US$8.3 billion deal on trade and investment
The Indonesia South and Central Asia (Inasca) 2024 Business Forum, held in Jakarta on Monday, October 7, 2024, produced a number of trade and investment deals worth US$ 8.3 billion.
PLN to continuously develop community-based biomass ecosystem
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.
Pertamina Group prepares bioethanol ecosystem, a drive for energy transition
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.
PLN EPI secures tons of biomass for co-firing, boosts community-based initiatives
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: Gov’t to fix investment procedures, license for geothermal projects
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.