PT PLN (Persero), Indonesia’s state-owned electricity company, has signed a memorandum of understanding (MoU) with Brazilian investment firm J&F SA to jointly develop hydroelectric power plants (PLTA) with a total capacity of 11.7 GW. The partnership aligns with Indonesia’s Electricity Supply Business Plan (RUPTL) 2025–2034, aimed at advancing the country’s renewable energy transition.
PLN highlighted that the partnership will accelerate Indonesia’s hydropower development and support national decarbonization goals. The initiative reinforces Indonesia’s ambition to become a regional leader in renewable energy while strengthening its bilateral ties with Brazil in sustainable growth and clean technology.