#Government

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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.

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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.

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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.

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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.

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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.

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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.

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Prabowo introduces ‘synchronization task force’ to ensure smooth transition

President-elect Prabowo Subianto has unveiled a "synchronization task force" composed entirely of senior members from his Gerindra Party, signaling a move to ensure seamless transition from outgoing to incoming administration.

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Labor union calls for investigation intowork incident at PT ITSS

A labor union of mining and energy industry has called on the Ministry of Industry to visit and hold an investigation into the recent work accident within the Indonesia Morowali Industrial Park (IMIP) in Morowali regency, Central Sulawesi.

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RI-Cambodia collaborate on protecting Indonesian citizens involved in online gambling, scams

A delegation of the Indonesian Coordinating Ministry for Political, Legal, and Security Affairs went on a visit to Cambodia on June 11-15, 2024 to strengthen cooperation on the protection and handling of Indonesian citizens allegedly involved in online gambling and scam.

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Energy ministry supports Pertamina's acquisition of Brazilian bioethanol company

The Ministry of Energy and Mineral Resources (ESDM) backs State oil and gas company PT Pertamina's plan to acquire a Brazilian bioethanol company as a strategic move to foster the bioethanol market in Indonesia.

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President-elect Prabowo plans to increase Indonesia's debt ratio to near 50 percent of GDP

President-elect Prabowo Subianto is reportedly planning to increase Indonesia's debt ratio to nearly 50 percent of its Gross Domestic Product (GDP) over the next five years, a significant rise from the projected 37.98-38.71 percent for 2025, though it remains within the 60 percent maximum limit set by Law No. 17/2023.

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Aeroflot and Indonesia explore reviving Moscow-Bali direct flights

Indonesia’s Coordinating Minister for the Economy, Airlangga Hartarto, welcomes Russian flag carrier Aeroflot's proposal to reinstate direct flights between Moscow and Bali, a move aimed at boosting tourism and economic ties between the two nations.

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