Sunday, December 10, 2023

Tag: Energy & Infrastructure

The Ministry of Energy and Mineral Resources amended provisions concerning Gross Split in oil and gas contracts. The amendment provides special incentives for unconventional oil and gas projects in Indonesia. […]
The Ministry of State Owned Enterprises officially launched PLN’s holding and subholding on September 21, 2022. As a result of this initiative, PLN will become a future-oriented, innovative and technology-based energy company. […]
PT Vektr Teknologi Mobilitas (VKTR), a Bakrie Group electric vehicle company, will do an IPO this year. Anindya Bakrie, Chairman of PT Vektr Teknologi Mobilitas, announced that the company plans to initiate an initial public offering on the Indonesian stock exchange by the end of November 2022. However, he refused to provide details about the plan. “Later, it is […]
PT Vektr Teknologi Mobilitas (VKTR), a subsidiary of Bakrie and Brothers conglomeration, will supply electric bus fleet to West Java-owned enterprise PT Jasa Sarana. VKTR Chairman Anindya Bakrie said the company would provide solutions to reduce emissions from public transportation. […]
PT Kayan Hydro Energy and Japan’s Sumitomo Corp. will build a US$17 billion 9,000MW power plant, the largest in Southeast Asia. The hydropower plant will be integrated with the Industrial Estate and Port Tanah Kuning-Mangkupadi in North Kalimantan. […]
On the opening speech of 10th Indonesia EBTKE conex 2021 , November 22, 2021 , Indonesia President Joko Widodo ordered Coordinating Minister for Maritime and Invesment Luhut Binsar Pandjaitan to develop two biggest hydro power plants in Indonesia, Kayan river and Membramo river. “Indonesia has 4400 rivers , big rivers and medium one , and we can use hydropower.However, the […]
Indonesia parliament intention to promote clean and renewable energy in a proposed bill has been hijacked by strong lobbies of coal industry and pro-nuclear parliamentarian. NGOs and experts said the bill has been strayed away from it’s real intention to promote renewable energy . […]
China and Indonesia will conduct in-depth and high-quality cooperation through the synergy of Belt and Road Initiative (BRI) and Global Maritime Fulcrum (GMF). Both sides also committed to the completion of the Jakarta-Bandung High-speed Railway on schedule as a flagship project, and to work on more strategic projects such as the Regional Comprehensive Economic Corridor and the “Two Countries, Twin Parks”. That  […]
PT Indonesia Infrastructure Finance offers financing opportunities to foreign investors and companies who desire to finance their projects in Indonesia. Indonesia Infrastructure Finance’s Chief Executive Officer, Reynaldi Hermansjah, said that foreign investors could apply for financing through the company if they have a feasibility study on a project with potential success. “For example, the owner of a data center project […]
Now PT Perusahaan Listrik Negara (Persero) (“PLN”) and other electricity companies that want to increase their business by selling electricity across countries have been allowed by the government on condition that local electricity needs have been met, but it also has to get the permission of the Minister of Energy and Mineral Resources first. However, some time ago, the Minister […]
Airline rental prices by airlines in Indonesia have recently sparked public curiosity. Based on SINDOnews’ search, the price of aircraft rental is indeed high. Aircraft rental prices vary depending on the type of aircraft, ranging from Rp. 1.7 billion to more than Rp. 18 billion per month. Although expensive, aircraft rental is indeed the cheapest option for local airlines to […]
The government needs to adjust the electricity tariff provided by PT Perusahaan Listrik Negara (Persero) in order to maintain continuity. the business of providing electricity, improving the quality of service to consumers, increasing the electrification ratio, and encouraging more targeted electricity subsidies for household customers as well as the implementation of tariff adjustments for electricity. PT PLN (Persero) noted that […]
Electric power distribution is the final stage in the delivery of electric power. The distribution substation is connected to the transmission system and lowers the transmission voltage using a transformer. Distribution substation is one of the components of a PLN distribution system that functions to connect the network to consumers or to distribute electric power to consumers or customers, both […]
The electricity sector is considered vital and strategic. Because of this, the operation of electricity is controlled by the state and carried out by State-Owned Enterprises and Regional-Owned Enterprises, the main one being PT Perusahaan Listrik Negara (Persero) (PLN). To increase the supply of electricity, the private sector is also allowed to participate in the sector. The government requires the […]
Along with the development of the mining business, the Government feels that exports of mining products resulting from processing and refining need to be adjusted to legal conditions and needs. Based on these considerations and to provide business certainty and increase the added value of mining product exports, it is necessary to regulate the provisions on the export of mining […]
The Government of Indonesia through the Ministry of Energy and Resources Regulation No. 7 of 2020 seeks to ensure legal certainty, business certainty, increase effectiveness and efficiency in the implementation of mining business activities. Through this regulation, the Government of Indonesia also wants to encourage the development of business and regulate provisions regarding procedures for granting territories, licensing, and reporting […]
Energy diversification in the electricity sector has shown positive growth. In June 2020, the installed capacity of the national power plant is known to have reached 71 GW. However, it is agreed that power generation has a number of challenges, which are caused by various factors. The first concerns deregulation and competition. A number of power companies may carry out […]
Infrastructure development, especially toll roads, continues to be a priority for the Government in producing extensive freeway infrastructure so that later it can boost productivity through structural transformation. Specifically, toll road connectivity is an important component in promoting economic transformation towards the manufacturing and service sectors. The government said that the development of toll road infrastructure is an important pillar […]
Participating in tenders is one of the efforts to increase business value and expand networks. As for the types of companies that can become bidders, namely all micro, small, medium or large business entities that are administratively legal. In addition, if the company is going to participate in a tender, it must be ready to always open up insight and […]
Real estate business is a type of business whose activities are trading land and buildings or whatever is on it. Real estate business is a type of business that has great long-term potential. Real Estate business developments always follow the economic and demographic growth of a region or country. Along with the rapid growth of new cities in various regions, […]
Mineral and coal mining activities are governed by the Mining Law. The Mining Law has encountered a number of issues. Some of the issues that are still being dealt with include foreign ownership restrictions, domestic processing requirements, export restrictions for unprocessed and/or unrefined mining products, and the conversion of CoWs and CCoWs to the new licensing system. […]
Domestic Market Obligation (DMO) is an obligation to fulfill domestic needs for domestic oil companies or contractors. Domestic Market Obligation (DMO) is intended for business entities with legal entities that operate types of businesses that are permanent, continuous, and established in accordance with applicable laws and regulations, both working and domiciled in the territory of the Unitary State of the […]
Mineral and coal mining activities are governed by the Mining Law. Mining Law in 2009 marked a significant change from the previous regulatory regime for Indonesian mining. Contract -based concessions are no longer available for new mining projects. It is replaced by a single area -based licensing system, which is based on specified mining areas. […]
Infrastructure development in the form of facilities and infrastructure is the government’s obligation as an effort to meet the needs of society in the era of globalization. The limitation of the APBN in financing infrastructure development causes a funding gap that must be covered. To overcome this, the Government is required to use several alternative funding, one of which is […]
Utilization of geothermal energy can be done in two ways, namely through direct utilization and indirect utilization. Indirect utilization is the exploitation of geothermal energy through the process of converting heat and/or fluid energy into electrical energy while direct utilization is the exploitation of geothermal energy directly without converting heat and/or fluid energy into other types of energy for non-electrical […]
Honorary titles become less and less popular. Being addressed with those titles is also seen as a snobbish act. The abolition of honorary titles has made interactions a lot simpler and avoiding embarrassment when the incorrect title was used. […]