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Indonesia’s PLN Receives Loan Facilities from ADB, KfW US$190M

JAKARTA (TheInsiderStories) - Indonesia' power producer, PT Perusahaan Listrik Negara (PLN), received funding facilities from the Asian Development Bank (ADB) and Kreditanstalt fur Wiederaufbau (KfW) with...

PLN, Masdar Cooperates on Indonesia’s Cirata Floating PV Project

JAKARTA (TheInsiderStories) - Uni Arab Emirates (UAE)' renewable energy firm, Masdar, and PT Pembangkit Jawa Bali Investasi (PJBI) form a joint venture (JV) to develop...

Engie Invests US$5B in Indonesia’s New Renewable Energy

JAKARTA (TheInsiderStories) - A multinational energy firm from France, Engie (EPA: ENGI), aims to develop new and renewable energy generators in Indonesia, with a total capacity of...

Japan’s Inpex, Perusahaan Gas Negara Signs Gas Sales from Masela Block

JAKARTA (TheInsiderStories) - The Japanese oil and gas producer, Inpex Masela Ltd., and state-owned firm, PT Perusahaan Gas Negara Tbk (IDX: PGAS), signed a purchase of...

Indonesia Needs Additional Solar Power Plants 1,000MW Every Year

JAKARTA (TheInsiderStories) - The Indonesian Solar Energy Association revealed Indonesia needs to build solar power plants more than 1,000 megawatts (MW) every year to meet the...

ADB Loans PLN US$600M to Expand Energy Access in Eastern Indonesia

JAKARTA (TheInsiderStories) - The Asian Development Bank (ADB) has approved a US$600 million loan to help the state-run power producer PT Perusahaan Listrik Negara (PLN), to...

Indonesian Govt Pays ‘Debt’ US$6.46B to PLN and Pertamina

JAKARTA (TheInsiderStories) - Indonesian government paid its obligation to PT Perusahaan Listrik Negara (PLN) and Pertamina with total amoun Rp90.4 trillion (US$6.41 billion) as a compensation...

Supporting EV Development, PLN Partnering with Hyundai to Grab

JAKARTA (TheInsiderStories) - Power producer, PT Perusahaan Listrik Negara (PLN) signed a memorandum of understanding with South Korea Hyundai Motor Co., China' Wuling Motors, Malaysia' Grab...

Renewable Electricity Purchase Rules Will be Issued Soon

JAKARTA (TheInsiderStories) - The energy and mineral resources (EMR) ministry confirmed that the presidential decree on the purchase of renewable energy by state-owned power producer,...

ANTAM, PLN, Pertamina Forms Indonesia Battery Holding

JAKARTA (TheInsiderStories) - State-run firms, PT Aneka Tambang Tbk (IDX: ANTM), PT Perusahan Listrik Negara (PLN), and PT Pertamina, plans to form a new venture...

Perusahaan Gas Negara, PLN Signs LNG Supply for 52 Power Plants

JAKARTA (TheinsiderStories) - Publicly listed, PT Perusahaan Gas Negara Tbk (IDX: PGAS), have signed an agreement to supply liquefied natural gas (LNG) and develop infrastructure for...

Indonesian Gov’t Injects US$340M to PLN in 2021

JAKARTA (TheInsiderStories) - Indonesian government will inject fresh capital Rp5 trillion (US$340.14 million) to state-owned power producer, PT Perusahaan Listrik Negara (PLN) for the 2021 fiscal...

Indonesia’s PLN Targets Revenues US$27B in 2021

JAKARTA (TheInsiderStories) - Indonesian power producer, PT Perusahaan Listrik Negara (PLN) targets the company' revenues could reached Rp391.6 trillion (US$26.82 billion) in 2021, said the CEO...

Renewable-based Power Project of Kencana Energy Operates This Year

JAKARTA (TheInsiderStories) - PT Kencana Energi Lestari Tbk (IDX: KEEN) water-based power generation project Air Putih will operates this year, it said on Wednesday...

Indonesia’s Barito Pacific Give Loans to Indo Raya Tenaga US$253M

JAKARTA (TheinsiderStories) - Indonesian conglomeration firm, PT Barito Pacific Tbk (IDX: BRPT) provides loans to its subsidiary, PT Indo Raya Tenaga (IRT) with worth...

KEPCO Moves Ahead with Controversial Power Projects in Indonesia

JAKARTA (TheInsiderStories) - Board of management of Korea Electric Power Corp., (KEPCO) approved a business plan to build Jawa 9 and 10th coal-fired power plants in Banten, despite...

Shareholder Rejects PLN Proposed Capex, to Cut by 40%

JAKARTA (TheInsiderStories) - Shareholder of PT Perusahaan Listrik Negara (PLN) rejected the proposed capital expenditure worth of Rp100 trillion (US$7.14 billion) to avoid fraud at...

ADB Approves Loan Facility US$300M for Geo Dipa Energi

JAKARTA (TheInsiderStories) — The Asian Development Bank (ADB) has approved a US$300 million loan to help PT Geo Dipa Energi, an Indonesian state-owned company, expand...

Japan’s Mitsui, Qatari Nebras Considers to Divests Paiton Energy Shares

JAKARTA (TheInsiderStories) - Japanese firm, Mitsui & Co. is considering to divests its majority stake in one of Indonesia' biggest independent power producers, PT Paiton Energy,...

Indonesian Officially Set Gas Prices for Industry US$6 a MMBTU

JAKARTA (TheInsiderStories) - Indonesian government officially set the gas prices for industry US$6 a millions british thermal units(MMBTU), said the energy and mineral resources (EMR)...

Indonesia Sees Domestic Coal Demand Could Drop 5% in 2020

JAKARTA (TheInsiderStories) - The Ministry of Energy and Mineral Resources (MEMR) sees the domestic coal demand could fall around 5 percent if the COVID-19 impact...

Indonesia Simplifies Renewable-based Power Plant Regulation

JAKARTA (TheInsiderStories) - The energy and mineral resources (EMR) minister, Arifin Tasrif, has signed the second amendment of ministerial regulation Number 50 of 2017 concerning...

INPEX’s Masela Supply Gas to PLN, Pupuk Indonesia

JAKARTA (TheInsiderStories) - INPEX Masela, Ltd., the operator of Masela block, has signed a long-term supply gas deal with two state-owned firm, PT Perusahaan...

Indonesia Needs to Build More Renewable Energy Installations

JAKARTA (TheInsiderStories) - Indonesia has set a renewable energy target of 23 percent in the energy mix by 2025. The country has renewable energy potential of...

Grab, Hyundai Launchs GrabCar Electric in Indonesia

JAKARTA (TheInsiderStories) - Grab Indonesia and Hyundai Motor Co., launcheh GrabCar Electric in the country to support the government' initiative to bring two million electric...

Indonesia’s PLN, Masdar Inks Investment Deal US$128M

JAKARTA (TheInsiderStories) - PT Pembangkit Jawa Bali (PJB), signed an investment deal worth of Rp1.8 trillion (US$128.58 million) with Masdar, an energy company from the United...

Indonesia Set Coal Price for DMO US$70 a Ton

JAKARTA (TheInsiderStories) - Indonesian set the coal price for Domestic Market Obligation (DMO) at US$70 a ton starting Jan. 1, 2020. The government also pegged 25 percent...

Indonesia to Regulates DMO of Gas, President Wants to Lowering the...

JAKARTA (TheInsiderStories) – Indonesian government has plan to regulate the domestic market obligation (DMO) of gas to drive down the price for local manufacturers, said...

Indonesia’s Supreme Energy to Build Second Geothermal Plant in West Sumatera

JAKARTA (TheInsiderStories) - Indonesian power plant power producer, PT Supreme Energy, in talks with PT Perusahaan Listrik Negara (PLN) and the energy and mineral resources...

Morning Briefing: US’s Democrat Prepares Article to Impeach Trump

JAKARTA (TheInsiderStories) - Good Morning! Democrat Party expect to draft two articles of impeachment against United States (US) President Donald Trump. From Europe, Russian President Vladimir...