{
    "success": true,
    "data": {
        "id": 1572511,
        "msgid": "not-based-in-the-us-nuclear-technology-company-thorcon-is-based-in-singapore-1772109218",
        "date": "2026-02-26 14:40:05",
        "title": "Not Based in the US, Nuclear Technology Company Thorcon is Based in Singapore",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Energy",
        "summary": "PT Thorcon Power Indonesia has clarified that it is not a US-based company, but rather a global technology developer with its headquarters in Singapore. The company, which has been actively promoting nuclear reactor projects in Indonesia, stated that its molten salt reactor (MSR) technology was developed in the US.",
        "content": "<p>Jakarta, CNBC Indonesia - PT Thorcon Power Indonesia has responded to\nreports claiming that the United States government does not recognize\nthe nuclear company Thorcon, which has been actively promoting nuclear\nreactor projects in Indonesia.<\/p>\n<p>The Operations Director of PT Thorcon Power Indonesia, Dhita Karunia\nAshari, explained that Thorcon is a global group of molten salt reactor\n(MSR) technology developers with its headquarters in Singapore.<\/p>\n<p>According to Dhita, its main focus is on developing\nadvanced-generation reactors for implementation in various partner\ncountries, including Indonesia. Thorcon\u2019s MSR technology was developed\nin the United States.<\/p>\n<p>\u201cThorcon is a global group of molten salt reactor (MSR) technology\ndevelopers with its headquarters in Singapore. Its main focus is on\ndeveloping advanced-generation reactors designed for implementation in\nvarious partner countries, including Indonesia,\u201d he said in a written\nstatement to CNBC Indonesia on Thursday (February 26, 2026).<\/p>\n<p>\u201cThorcon\u2019s MSR technology was developed in the United States. Thorcon\nhas been present in Indonesia since 2018 as a Representative Office,\u201d he\nadded.<\/p>\n<p>The company also has branch offices in Bangka Belitung and employs a\nnumber of local people. Regarding the issue of Thorcon not being\nrecognized as an operator in the United States, the company stated that\nit has not yet begun the licensing process to become an operator in the\nUS.<\/p>\n<p>\u201cThe business model being implemented is the development and\ncommercialization of technology, not the operation of power plants in\nthe US. Therefore, the absence of Thorcon\u2019s name on the list of nuclear\npower plant operators in the United States reflects a difference in\nbusiness models, not a matter of existence or credibility,\u201d he\nexplained.<\/p>\n<p>Previously, the Chairman of Commission XII of the Indonesian\nParliament, Bambang Patijaya, revealed a rather surprising fact about\nthe existence of a US-based nuclear company called Thorcon. According to\nhim, the United States government does not recognize a nuclear company\ncalled Thorcon, which has been actively promoting projects in\nIndonesia.<\/p>\n<p>He revealed this after receiving a visit from the US Ambassador,\nwhich included a discussion of the FIRST program, a US government\ninitiative to introduce Small Modular Reactor (SMR) technology to\nseveral countries.<\/p>\n<p>On that occasion, Bambang then asked for an explanation regarding the\nexistence and activities of Thorcon in Indonesia. He said that the\ncompany has been too actively promoting itself, which could potentially\ncause friction in society.<\/p>\n<p>He then asked the Nuclear Energy Regulatory Agency (BAPETEN) for an\nexplanation regarding the party that has been facilitating Thorcon\u2019s\nactivities in Indonesia. Given that, from the US government itself,\nThorcon is not recognized as a nuclear power plant builder or\noperator.<\/p>\n<p>\u201cIn fact, from BAPETEN, who has been facilitating Thorcon all this\ntime. Because after we asked the US Embassy, first, they do not\nrecognize this company as a nuclear power plant builder or operator,\u201d\nsaid Bambang in a working meeting with the Acting Head of BAPETEN,\nTuesday (February 10, 2026).<\/p>\n<p>According to him, the US government actually recognizes other SMR\ndevelopers such as NuScale Power, which also has plans to build a\nnuclear power plant in Indonesia. Bambang also emphasized that the\nParliament does not support or reject any particular company.<\/p>\n<p>However, he reminded BAPETEN not to act as an intermediary for\nforeign parties in facilitating research companies that are not yet\nready to develop into developers, so that Indonesia is not used as a\npilot project.<\/p>\n<p>\u201cIn our opinion, this could become a scandal if BAPETEN facilitates a\ncompany that is not competent, which does not have any permits, does not\nhave a license to design, does not have a license to construct, does not\nhave a license to operate, how can it operate, how can it construct if\nthe design is not even clear,\u201d said Bambang.<\/p>\n<p>(ven\/wia)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/not-based-in-the-us-nuclear-technology-company-thorcon-is-based-in-singapore-1772109218",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}