Tuesday, May 28, 2024

Tag: Energy & Infrastructure

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. […]
Minister of Investment/Head of Investment Coordinating Board Bahlil Lahadalia said the majority of nickel smelters in Indonesia are foreign investment despite the fact that 80 percent of nickel mining are owned by Indonesians. […]
PT Pertamina Malaysia Exploration Production (PMEP) and its partners have won the bidding for the SK510 exploration block through the Malaysia Bid Round (MBR) 2023, a series of bidding activities held annually by Malaysia Petroleum Management (MPM) PETRONAS, the agency responsible for oil and gas resources in Malaysia. […]
Investment in Indonesia’s electricity sector is deemed to have reached a saturation point, with high uncertainty is a major concern, despite the pressure to transition to renewable energy sources (RE). […]
The government is expanding access to carbon capture and storage (CCS) activities beyond the oil and gas working area (WK), designating the Upstream Oil and Gas Regulatory Task Force (SKK Migas) as the regulator for future CCS activities. The additional role of SKK Migas will be regulated in a Presidential Decree which is expected to be completed this month. […]
The government is promoting the development of carbon capture and storage (CCS) hubs to reduce the investment costs of CCS facilities domestically. […]
The Ministry of Energy and Mineral Resources (ESDM) awaits approval from President Joko Widodo for the revision of Ministerial Regulation No. 26/2021 on the development of rooftop solar power plants (PLTS) at the beginning of this year. The harmonization process of the regulatory revision has been completed after the Ministry of Finance softened its stance on potential subsidy burdens or […]
German pharmaceutical manufacturer B.Braun Indonesia has launched a 1.2 MWp solar power plant (PLTS) at its pharmaceutical factory in Karawang, West Java. […]
The Ministry of Energy and Mineral Resources (ESDM) has recorded a significant decrease in electricity oversupply in Java-Bali region, to 4 gigawatts (GW) by the end of 2023, a substantial reduction from the 7 GW recorded at end of 2022. […]
Minister of Energy and Mineral Resources, Arifin Tasrif, underscores the necessity for a new liquefied natural gas (LNG) plant in Aceh, as the existing Arun LNG facility in Lhokseumawe is deemed outdated to accommodate the significant gas potential from offshore Andaman Sea oil blocks. […]
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. […]
The Upstream Oil and Gas Regulatory Special Task Force (SKK Migas) targets the divestment or replacement of Zarubezhneft in the Tuna Block, off the coast of East Natuna, to be decided this year. Deputy Head of SKK Migas, Nanang Abdul Manaf, said that several companies have shown interest in taking over the position of the Russian SOE. […]
Inpex Masela Ltd. is planning to utilize a trustee borrowing scheme (TBS) as part of the financing strategy for the Abadi LNG project in the Masela Block, which is aiming for onstream operations by the end of 2029. […]
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 […]