Indonesia’s bauxite reserves are estimated to reach 7.78 billion tons, according to Ferdy Hasiman, Executive Director of Indonesia Mining and Energy Watch (ISEW). If bauxite is sold in raw form, assuming a price of USD 40 per metric ton, its total economic value would amount to only USD 311.2 billion. Bauxite, however, can be further […]
On 13 December 2025, PT Bintang Samudera Mandiri Lines Tbk (BSML) presented its annual public expose materials. In Q3 2025, BSML’s revenue stood at IDR 60.3 billion. This figure was significantly lower than revenue in the previous period, which amounted to IDR 191.4 billion. The decline in revenue has persisted over the past several years.
PT Pertamina Geothermal Energy Tbk (PGEO) has announced its plan to explore the development of a green data center powered by geothermal energy, through a strategic collaboration with the Indonesia Data Center Provider Organization (IDPRO) and the Faculty of Engineering, Universitas Indonesia. The agreement will establish the technical and commercial framework for the development of a
PGEO’s Green Data Center Initiative and the Move Toward Direct Green Power Read More »
On December 10, Kencana Energy Tbk (KEEN) provided an update on the ongoing recovery efforts for the Pakkat Hydropower Plant, which was affected by a landslide. When asked about the estimated timeline for restoring Pakkat’s generation capacity to normal levels, KEEN was unable to provide a definitive answer. The recovery of the Pakkat Hydropower Plant
Kencana Energy has paused operations at its Pakkat Hydropower Plant after a landslide, with insurance in place and financial impact under review—making this a key development to watch.
PT Arkora Hydro successfully overcame financing and technical challenges in developing the Cikopo 2 Minihydro Power Plant. Developing renewable energy power plants and becoming an Independent Power Producer (IPP) in Indonesia is far from easy. The process is lengthy and can take years—from planning to commercial operation. Many renewable energy projects ultimately stall, with no
ITMG is holding USD 871 million in cash with no significant debt, sparking speculation about its next strategic move. In 2022, ITMG successfully recorded the largest net profit in the Company’s history, amounting to USD 1.2 billion. That year, ITMG decided that the amount of dividends distributed would continue to follow the payout ratio policy
ITMG Strong Cash Position, Ready for Major Expansion? Read More »
TGRA has aspired to become a clean energy Indepedent Power Producer (IPP) since 2008, yet to this day not a single project has been completed. Is it really that difficult? PT Terregra Asia Energy Tbk (TGRA) is a company operating in the electricity sector and has been in business since 1995. In August 2023, TGRA