PT Kereta Api Indonesia China (KCIC) has signed a memorandum of understanding (MoU) with PT JakLingko Indonesia to supply the ticket payment system for the Jakarta-Bandung High Speed Rail (HSR) line. The line will use the same...
Read MoreSUSI Partners has launched a new investment platform for renewable energy projects in Southeast Asia. The platform will focus on the development and operation of greenfield solar photovoltaic (PV), wind and hydropower assets in...
Read MoreThe concession period for the Jakarta – Bandung high-speed rail (HSR) in Indonesia has been extended from 50 years to 80 years. PT Kereta Cepat Indonesia China (PT KCIC), the developer of the line, had proposed the...
Read MorePT PLN Nusantara Power (PLN NP), a subsidiary of PT Perusahaan Listrik Negara (PT PLN), has launched tenders for works on a 100 MW Karangkates floating solar facility in East Java, Indonesia. The plant will be located on the...
Read MoreGermany-based Patrizia SE and Japan-based Mitsui have launched a new infrastructure investment fund for the Asia Pacific (APAC) region. The newly announced investment vehicle will primarily focus on the development of...
Read MoreSMRT Road Holdings Group has signed a memorandum of understanding (MoU) with Japan-based Marubeni Corporation to establish an electric mobility-as-a-service (e-MaaS) business in the ASEAN region. Under the terms of the MoU,...
Read MoreMalaysia-based Tenaga Nasional Bhd (TNB) will focus on developing gas, renewables (including solar, wind, hydro) and battery storage projects for Indonesia’s new capital city, Nusantara. The company is also considering...
Read MorePT Medco Cahaya Geothermal (MCG) and PT Sarana Multi Infrastruktur (Persero) (SMI) have inked a financing agreement for the Blawan Ijen geothermal power plant project in Indonesia. In November 2022, feasibility studies were...
Read MoreAWC Bhd has partnered with Indonesia-based firms to explore opportunities in the energy and transport sector in Indonesia and Malaysia. The company has signed a memorandum of understanding (MoU) with PT Gema Karya Manunggal and...
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During 2022, the Indonesia Investment Authority (INA) attracted around USD3.8 billion in...
Read MoreSouth Korea-based Lotte Chemical will invest USD4 billion to build a petrochemical plant in Indonesia’s Banten province. PT Arkha Jayanti Persada Tbk, PT Inerco Global International, and PT Krakatau Engineering will direct the...
Read MoreThe Ministry of Transport (MoT) of Indonesia has announced plans to develop five additional routes for the South Sumatra Light Rail Transit (LRT) Feeder Transport project in Palembang city. The five new routes to be added are —...
Read MorePT GoTo Gojek Tokopedia Tbk (GoTo) and TransJakarta have signed a memorandum of understanding (MoU) to deliver an integrated public transport experience for riders in Indonesia. Starting January 2023, GoPay will be integrated...
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Nasuntara, the new capital city of Indonesia, is set to have flying cars in the future. In line...
Read MoreThe Government of Indonesia is seeking investors to finance the construction of a proposed nuclear power plant. The facility, expected to come online in 2039, will be key in shifting away from coal-fired power plants as well as...
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ARA, a subsidiary of ESR Group Limited, has reached financial close with the Export-Import Bank of...
Read MorePT Perusahaan Listrik Negara (PLN) has announced that Indonesia’s domestic per capita electricity consumption reached 1,150 kWh in 2022, lower than that of other Southeast Asian countries. Additionally, per unit cost of...
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The Government of Indonesia has signed three agreements with international governments to develop...
Read MorePT Perusahaan Listrik Negara (PT PLN) has signed a power purchase agreement (PPA) with Amazon under which it will supply solar energy to power the company’s operations in Indonesia. The energy will be sourced from four renewable...
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The Government of Indonesia, European Union (EU) and the International Partners Group (IPG) have...
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