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[BUSINESS] · Indonesia · 19 sources

President Prabowo orders BUMN restructuring and B50 biodiesel progress review

During a limited meeting in Hambalang, President Prabowo Subianto ordered the restructuring of state-owned enterprises (BUMN) to improve operational efficiency. The mandate specifically directs companies such as PT Pertamina (Persero) and PT PLN (Persero) to reduce their organizational layers and streamline their various subsidiaries (anak and cucu perusahaan). Cabinet Secretary Teddy Indra Wijaya stated that this reduction is aimed at accelerating decision-making, increasing productivity, and maintaining long-term efficiency across the state sector.

In addition to corporate restructuring, the President received updates regarding national energy security initiatives. Simon Aloysius Mantiri, President Director of Pertamina, reported on the progress of the B50 Biodiesel Mandate, a policy launched in July 2026 that requires a 50% plant-based fuel mixture. Discussions also covered the infrastructure readiness required for the upcoming implementation of a bioethanol mandate, part of the government's broader strategy to enhance domestic energy independence.

Entities

Dedi Mulyadi · Muhammad Nazaruddin · PT PLN (Persero) · PT Pertamina (Persero) · Partai Rakyat Indonesia · Partai Solidaritas Indonesia · Prabowo Subianto · S. Bambang Indrasto · Simon Aloysius Mantiri · Syaqif Constantin Arsalan · Teddy Indra Wijaya

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