Indonesian Political, Business & Finance News

MIND ID Affirms Strategic Role in Supporting National Energy Policy

| Source: CNBC Translated from Indonesian | Energy
MIND ID Affirms Strategic Role in Supporting National Energy Policy
Image: CNBC

Jakarta, CNBC Indonesia – MIND ID, the state-owned mining holding company, has affirmed its position in supporting the implementation of the National Energy Policy (KEN) as updated through Government Regulation (PP) No. 40 of 2025.

MIND ID Chief Executive Officer Maroef Sjamsoeddin stated that MIND ID’s role extends beyond merely managing natural resources, but rather ensures their integrated management to strengthen energy security and support both domestic and global industrial supply chains.

“We view natural resources as a foundation for national prosperity, strengthening domestic industry, and contributing to national sovereignty and global needs through Indonesia for the world,” Maroef said during the Seminar and Socialisation of Government Regulation No. 40 of 2025 on National Energy Policy in Jakarta on Friday (27 February 2026).

Maroef outlined three primary objectives within the updated KEN through PP 40 of 2025. The first is energy security. In this regard, MIND ID through PT Bukit Asam Tbk (PTBA) holds coal mining areas spanning 65,632 hectares, with resources of 5.72 billion tonnes and reserves of 2.88 billion tonnes.

“This means energy must always be available, secure, uninterrupted, and maintain stable pricing,” he said.

The second objective concerns meeting energy demand, ensuring sufficient energy availability to support economic and industrial growth whilst meeting public needs. Through PTBA, MIND ID continues efforts to increase coal production capacity annually.

“Bukit Asam is constructing Coal Handling Facility (CHF) and Train Loading Station (TLS) 6-7 to increase transport capacity by 20 million tonnes per year, with Bukit Asam’s coal production capacity rising from 43 million tonnes per year to over 60 million tonnes per year,” he stated.

The third objective involves achieving decarbonisation and energy transition, requiring domestic energy to become progressively cleaner, lower-emission, and achieve net zero by 2060.

Maroef revealed that MIND ID Group’s total energy consumption stands at approximately 46 million gigajoules, with renewable energy comprising 39% of usage derived from hydroelectric and solar installations.

“We will continue to promote renewable energy use across all MIND ID Group member operations,” Maroef said.

Meanwhile, National Energy Council (DEN) Member Satya Widya Yudha underscored the importance of close collaboration between policymakers and industry stakeholders, particularly in overseeing implementation of the National Energy Policy as outlined in Government Regulation No. 40 of 2025.

According to Satya, the meeting with industry stakeholders represents an initial opportunity for the newly sworn-in DEN members following their appointment by the President weeks earlier.

Satya emphasised industry’s significant role, as the sector alongside transportation represents the largest contributor to national energy demand and a significant source of carbon emissions.

“If these two sectors can reduce their emission intensity, their contribution to lowering national emissions will be substantial. Conversely, strengthening industry and transportation also remains essential for creating new economic growth,” Satya noted.

“Therefore, as policymakers and as implementers of policy, there should be no disconnect between us,” he concluded.

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