News

The Ministry of Industry will consistently encourage the implementation of the policy in the downstream industry to increase the value addition of domestic raw materials.

The Asian Development Bank (ADB) has agreed to finance Indonesia’s largest combined-cycle gas turbine (CCGT) power plant, Jawa-1.

Indonesia has released seized North Korean coal in apparent violation of U.N. sanctions, posing a challenge to U.S.-led international efforts to crack down on Pyongyang’s sanctions evasion

Investigators in Indonesia have charged the head of the state-owned power utility with corruption in connection to a coal-fired plant being built in Sumatra.

Construction of power infrastructure — chiefly coal-fired power plants — will remain the primary driver of growth in Indonesia’s energy and utilities sector for the near future, said Fitch Solutions Macro Research in a Jan 16 report.

State-owned electricity firm PLN is set to acquire coal mines as part of its plan to secure 40 percent of the coal demand for its power grid – which last year absorbed 95 million tons of coal – by 2023.

The Investment Coordinating Board (BKPM) issued 1,239 business registration numbers (NIB) per day during the period of January 2-11, 2019.

The government claimed on Monday that it had managed to find more oil and gas reserves in 2018, expanding the reserve-replacement ratio (RRR) to 105 percent as of December last year, 5 percent higher than the target of 100 percent.

Indonesian authorities are working to develop new investment instruments with “good” returns in a bid to retain onshore more than $10 billion that was repatriated under a tax amnesty program three years ago