US$500 Million ADB Loan to Support Indonesia’s Energy Sector, Green Recovery
TEMPO.CO, Manila, Philippines – On Thursday, November 24, 2022, the Asian Development Bank (ADB) had approved a US$500 million loan to support Indonesia’s energy sector reforms to boost fiscal sustainability and governance, expand private sector investments in clean and renewable energy, and promote green recovery from the coronavirus disease (COVID-19) pandemic, according to a press […]
USAID awards $38.8 million contract to improve grid resilience in Indonesia
The United States Agency for International Development (USAID) has awarded technology company Tetra Tech with a $38.8 million contract aimed at improving grid resilience in Indonesia.
Vale Indonesia, partners gear up for low carbon mining practices
Nickle matte producer PT Vale Indonesia Tbk (PT Vale) is moving ahead with its sustainability journey, marked by its new partners’ eagerness to comply with the low carbon mining practices.
Vale’s divestment a tactical move for national electric cars: Thohir
Our country is one of the world’s largest producers of nickel. Hence, Vale’s divestment could play a significant role in our strategic plan ahead. Jakarta (ANTARA) – The divestment of Vale Indonesia, subsidiary of the multi-mining corporation in Brazil, Vale, is part of a strategic measure to develop the national electric vehicle industry, State-Owned Enterprises […]
Viewpoint: Indonesian coal sellers plan amid volatility
Regulatory obstacles in Indonesia could hamper coal production in 2019 and uncertainty about China’s import policy could also curb exports, even though a number of producers have announced tentative plans to raise output in the coming year. A period of high prices that began in 2016 and lasted throughout much of 2018 on strong demand […]
Virus-hit Indonesian thermal coal prices could start slow recovery in Q3: sources
Singapore — Indonesian thermal coal prices, which are grappling with the economic fallout from the coronavirus pandemic, could start to slowly recover from September onwards as market sentiment improves and demand picks up, sources told S&P Global Platts June 5.
VKTR to build electric bus plant in Indonesia
PT VKTR Teknologi Mobilitas (VKTR), the Indonesian importer of Chinese made BYD electric buses, announced plans to build a bus assembly plant in the country.
Wärtsilä selected to provide flexible baseload power for Indonesian mine
Mining company PT Freeport Indonesia has selected technology company Wärtsilä for the development of a 128MW power plant in Indonesia.