#Corporate
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.
NGO questions Adaro‘s plan to spin off its coal business
Energy Shift Institute, an independent think tank on energy transition in Asia, has questioned the urgency of a plan by PT Adaro Energy Indonesia to sell its thermal coal mining unit for US$2.5 billion, whether it is a big leap towards a greener business model or just a strategic play to improve the company's image.
Experts: Indonesia lacks independency in renewable energy technology
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.
INALAC business forum offers market, exploration in Latin America and Caribbean
The organization of the Indonesia-Latin America and the Caribbean (INALAC) Business Forum in Lima, Peru on 11-13 September 2024, has won praise for opening up opportunity for market development and exploration in Latin America and Caribbean region.
Pertamina explores oil and gas cooperation in Latin America, Caribbean region
State-owned energy company PT Pertamina is exploring cooperation opportunity on upstream oil and gas development in Latin America and Carribean region.
Civil society groups offer policy recommendations for Prabowo-Gibran‘s energy policy
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
Ajinomoto to use PLN clean electricity of 219 thousand REC units per year
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.
Nippon Shokubai disburses US$110 million for new petrochemical plant construction
Minister of Investment/ Head of Investment Coordinating Board (BKPM) Rosan P. Roeslani appreciates the commitment of PT Nippon Shokubai Indonesia to develop petrochemical industry in Indonesia, starting the fourth phase construction of its plant in Cilegon, Banten, next year.
Pertamina Patra Niaga-Sojitz Indonesia develop HVO to reduce carbon emissions
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.
Pertamina Patra Niaga-Vale Indonesia synergize on decarbonization
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.
Erick ensures no layoffs following merger of Angkasa Pura I and II
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.
OJK to forcefully merger Bank MNC and Bank Nobu if delays persist
The Financial Services Authority (OJK) may impose a forced merger between PT Bank MNC Internasional (BABP) and PT Bank Nationalnobu (NOBU) if the two banks fail to execute their planned merger.