#Government
Kadin, BI plan for 2045 economic goals amidst rupiah concerns
Top leadership in the Indonesian Chamber of Commerce and Industry (Kadin) and the Indonesian Central Bank (BI) met on Tuesday, June 25, 2024, to discuss strategies for achieving the "golden economy" by 2045, while also addressing current economic challenges, including the weakening rupiah.
KPI open for partnership in green refinery development
PT Kilang Pertamina Internasional (KPI), a subsidiary of State oil and gas company PT Pertamina, is opening the opportunity for investors and strategic partners to develop environmental friendly green refineries.
Seven bauxite smelters show no progress: ESDM ministry
The development of bauxite downstream industry is far promising as out of the eight smelters in the government’s pipeline, only one has shown significant progress, a senior government official says.
Indonesia prepares incentives for green hydrogen development
The Indonesian Ministry of Energy and Mineral Resources (ESDM) is drafting regulations to offer incentives and tax relief to green hydrogen developers, aiming to speed up the growth of the country's green hydrogen industry.
PLN to supply green energy to global fashion company H&M Group
State electricity company PT PLN has sealed an agreement to supply green energy of 210 Gigawatt hour (GWh) per year to the global fashion company, H&M Group. Through this collaboration, PLN supports decarbonization measures, especially in the country's industrial sector.
ESDM ministry: Freeport export permit under review by Finance Ministry
An expert staff to Indonesian Minister of Energy and Mineral Resources (ESDM) says that the government is finalizing its review into the request for export permit of copper concentrates by PT Freeport Indonesia, with export technicalities being assessed by the Ministry of Finance.
Pertamina NRE increases investment, sets target of 6 GW installed capacity by 2029
Pertamina New & Renewable Energy (Pertamina NRE), a subsidiary of State-owned energy company Pertamina, has set a target of 6 GW of installed capacity of clean energy-based power plant development by 2029.
Mining companies to be impacted by weakening rupiah: Ministry
An expert staff to the Minister of Energy and Mineral Reources (ESDM) has hinted that a number of mining companies will be hit by the weakening Rupiah, while others may enjoy the benefit of the drop of the Indonesian currency.
Pertamina encourages access to green funding through sustainable finance framework
State oil and gas company PT Pertamina launched a Sustainable Finance Framework, aimed at ensuring the company's sustainability efforts are integrated into the company's funding strategy, allowing Pertamina and/or Pertamina's Subholdings/Subsidiaries to access funding for green projects and energy transition projects.
PLN committed to hydrogen ecosystem development in Indonesia
State electricity company PT PLN is pioneering the development of the hydrogen ecosystem in Indonesia, citing its commitment to support energy transition in the country. PLN President Director Darmawan Prasodjo said that PLN is fully committed to the development of hydrogen in Indonesia. This is in line with PLN's commitment to support the energy transition in Indonesia.
RI poised to ratify ASEAN air transport protocol, seeking investment-job opportunities
Minister of Transportation Budi Karya Sumadi says Indonesia is determined to ratify the 12th Protocol on Air Transport Services Commitments within the ASEAN Framework Agreement on Services, having so far ratified up to the 8th protocol.
Government: Indonesia can be leading hydrogen, ammonia regional producer
The government says that Indonesia has the potential to be a leading regional producer of hydrogen and ammonia, with its competitive adavantage in clean hydrogen production.