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[BUSINESS] · Indonesia · 7 sources

Indonesia's Danantara selects eight partners for waste‑to‑energy projects across 20 regions

Indonesia's sovereign wealth fund Danantara Investment Management, together with PT Daya Energi Bersih Nusantara, has appointed eight consortiums to develop Phase II of the Waste‑to‑Energy (PSEL) programme in eight locations covering 20 regencies and cities. The selected partners include SUEZ‑IAN (Medan), Everbright Cemerlang (Bekasi), Bumi Biru Indonesia (Lampung), Masa Depan Energi Indonesia (Serang), Veolia (Semarang), Mentari Citra Lestari (Surabaya), MPM‑CEVIA (Bogor) and Cakra Energi Lestari (Yogyakarta). The projects are valued at roughly Rp3‑3.5 trillion each, totalling about Rp24‑25 trillion. Awards are conditional; each consortium must meet procurement, technical and financing requirements before receiving a final letter of award. International firms from France, China, Japan and other countries are part of the consortia, bringing foreign technology and supporting local capacity building.

The programme is a key component of Indonesia’s green infrastructure push. A related construction effort has begun in Bali, where a Rp3 trillion plant in Denpasar is slated to process up to 1,500 tonnes of waste per day, reduce landfill volume by 80‑90 percent and create around 1,200 green jobs. The government aims to replicate the model in 34 urban agglomerations, addressing waste challenges in 60‑70 regencies and cities nationwide.