Danantara Officially Establishes Denera, a Holding Company Dedicated to Managing Waste-to-Energy Projects
Danantara Indonesia, the Investment Management Agency for Future Power of the Archipelago, has announced the establishment of a new business holding. On Thursday (9/4), Danantara revealed the formation of PT Daya Energi Bersih Nusantara, or PT Denera, as the parent company to manage all waste-to-energy (WtE) projects in Indonesia, converting waste into electricity.
Danantara’s Lead for WtE, Fadli Rahman, stated that the entity was officially established on 1 April 2026 and will focus on implementing the Waste Power Plant (PSEL) programme in various regions. Denera will subsequently become a subsidiary of PT Danantara Investment Management (DIM).
“Denera will hold the shares as well as the operational and management aspects for all PSEL under Danantara Investment,” said Fadli during the WtE project update event at Wisma Danantara on Thursday (9/4).
Fadli explained that Denera will not only manage downstream projects but will also promote integrated waste management from upstream to downstream. The WtE programme is described as a catalyst for overhauling the entire waste management system.
According to Fadli, these efforts include improving waste collection rates, strengthening management systems such as DPS3R, and educating the public to raise awareness about waste handling. In addition to household waste, Denera will develop management for other types of waste in the future, including industrial waste and hazardous waste.
Duties and Functions of Denera
In its business structure, PT Denera will serve as the holding company for each Business Entity for Development and Management (BUPP) of PSEL projects. Each BUPP will be a joint venture between Denera and selected partner consortia.
Denera will hold shares in each PSEL project, with the ownership structure set at 70% for the partner Business Entity for Development and Management (BUPP) and 30% by Denera. Additionally, Denera will be responsible for project operations. Each PSEL unit requires an investment of Rp 2.5 trillion to Rp 2.8 trillion.
“Denera will also be an integrated company in waste management. So, integrated waste management is something that must be focused on, particularly PSEL,” said Fadli.
Fadli also stated that PSEL projects will be the main driver for building an integrated waste management system. He assessed that PSEL projects not only generate electricity but also encompass waste management from upstream to downstream, from disposal sites, processing, to recycling.
Meanwhile, Danantara Indonesia’s Chief Investment Officer, Pandu Sjahrir, said the establishment of Denera aims to strengthen project management efficiency while attracting participation from domestic and global investors.
“With PT Denera, we can ensure operational standards, investment governance, and coordination with domestic and international partners run more effectively and accountably,” said Pandu.
He continued that Denera’s presence is also expected to encourage technology transfer in waste processing and create a more structured and competitive investment platform.
The establishment of this company aligns with Presidential Regulation No. 109 of 2025 on accelerating urban waste handling through processing into renewable energy based on environmentally friendly technology. This programme also supports the government’s targets in building cleaner, more resilient, and sustainable cities.
Through the PSEL programme, Danantara targets the construction of waste-to-electricity processing facilities in various cities in Indonesia.