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The company says the investment in Indonesia comprises US$1 billion for procuring equipment and services, and US$1.5 billion for project expenses.
The non-tax state revenue (PNBP) in the energy and mineral resources sector reached IDR 83.14 trillion up to July 2021.
The ESDM Ministry's Mineral and Coal Director-General Ridwan said Indonesia still has large coal reserves of 38.84 billion tons.
The use of fossil energy to usher in the fourth industrial revolution, known as industry 4.0, in Indonesia increases the production of CO2.
Energy Minister revealed several long-term strategies for achieving the carbon neutral or net-zero emissions target in the energy sector by 2060.
Japan's future reliance on nuclear power has been lessened in a draft of its economic strategy.
The government is planning to build electric power plants with a capacity of up to 41,000 megawatts in the next 10 years
Coordinating Minister Luhut Pandjaitan said the Indonesian government is gradually shutting down the operation of coal-fired power plants.
Indonesia plans to increase the share of renewable energy in its energy mix through several strategies.
The New and Renewable Energy Bill must accelerate the endeavor to abandon fossil-based energy sources such as coal.
State-owned energy company Pertamina booked US$1 billion net profit in 2020, the equivalent of Rp14 trillion.
Indonesia has long had plans to build nuclear power stations.
Pertamina CEO says gasification can utilize coal and turn it into alternative energy.
Indonesia needs to groom almost 3,000 personnel in the nuclear science and technology field to realize the Indonesia onward goal, says minister.
Indef has asked the government to issue derivative regulations of the Omnibus Law that guarantees environmental sustainability.
The presidential regulation on tariffs for electricity has many incentives. Transparency is the key to avoiding moral hazard.
The Energy and Mineral Resources Ministry allows private enterprises to build electric vehicle recharging infrastructures.
European battery makers are gearing up to take advantage of massive "green" stimulus packages unveiled since the coronavirus pandemic.
Luhut Pandjaitan inaugurated a waste management facility using a refuse-derived fuel (RDF) system in Cilacap, Central Java, today, July 21.
The government will inject Rp2.78tn to the Oil Palm Plantation Fund Management Agency for B30 project. Most of these funds will go to large companies.