Indonesia Requires Rp3,000 Trillion Investment for Energy Transition: Where Will the Funds Come From?

JAKARTA — The Indonesian Government has set an ambitious figure to realise a clean energy transition in the country. The investment requirement to support renewable energy development (EBT) is predicted to reach Rp3,000 trillion.

This substantial investment aligns with the ambitious target of developing renewable energy-based electricity generation capacity of up to 69.5 gigawatts, as outlined in the National Electricity General Plan (RUKN) and Electricity Supply Business Plan (RUPTL).

Farah Heliantina, Deputy Assistant for Energy Transition Acceleration at the Coordinating Ministry for Economic Affairs (Kemenko), confirmed that from a regulatory and legal framework perspective, Indonesia is already prepared to move forward.

“Everything is complete; it is now a matter of how we implement it in accordance with the RUPTL, RUKN, and the President’s directive on Asta Cita,” Farah stated at the Green Energy Transition Indonesia Day 2026 event, organised by the Institute for Essential Services Reform (IESR) in Jakarta on Tuesday (10 March).

To address the funding requirement of trillions of rupiah, the government is relying on various international financing schemes, including the Just Energy Transition Partnership (JETP). These funds comprise concessional and commercial financing aimed at supporting clean energy development in Indonesia.

“Under JETP, there is $10 billion related to concessional financing and $10 billion in commercial funding,” she noted.