Indonesian Political, Business & Finance News

Get Ready: Waste-to-Energy Projects in These Four Cities to Commence Soon

| Source: CNBC Translated from Indonesian | Energy
Get Ready: Waste-to-Energy Projects in These Four Cities to Commence Soon
Image: CNBC

Jakarta, CNBC Indonesia - The Nusantara Future Investment Management Agency (BPI Danantara) has confirmed that the winners of the first phase of the Waste-to-Energy (WTE) project tender for two cities, namely Denpasar (Bali) and Bekasi, will be announced soon.

This announcement is part of the development of WTE projects in four cities in the initial phase, namely Bekasi, Denpasar, Yogyakarta, and Bogor.

Director of Investments at Danantara Investment Management (DIM), Fadli Rahman, stated that they are working to complete the administrative processes and finalise the documents so that the announcement of the selected partners can be made soon.

“So, we are really keen to inform the prospective partners that they have been selected as partners for Denpasar and Bekasi. We are working hard to achieve this in the near future,” said Fadli at the Danantara Building, Thursday (26/2/2026).

He explained that the tender process for Bali, Bekasi, Bogor, and Yogyakarta is currently ongoing. The official signing of the cooperation agreements with the winners is planned to be held in the second week of March 2026 by the CEO of BPI Danantara, Rosan Roeslani.

“The plan is that it will be announced and signed by Mr. Rosan (CEO of Danantara) in March 2026,” he said.

As is known, the Waste-to-Energy (WTE) program has now entered the tender phase. A total of 24 international companies with experience have registered as participants in the process.

All participants who pass the selection are required to form a consortium as part of the tender requirements. Of the total 24 participants, 20 companies are from China, three are from Japan, and one is from France.

“When we opened the tender yesterday, we said that there is value for local partners. So, they have already partnered up. When they submitted the proposals, they said that they were partnering with company A. Some are private companies, and some are state-owned enterprises. It’s up to them,” said Fadli.

(pgr/pgr)

View JSON | Print