News - PSEL Galuga Absorbs US$160 Million in Investment

PSEL Galuga Absorbs US$160 Million in Investment

Sep, 22 2026

Bogor Regency (ANTARA) - The Bogor Regency Government, West Java, stated that the construction of the Galuga Waste to Electricity Processing Plant (PSEL) will absorb an initial investment of US$160 million.

Bogor Regent Rudy Susmanto in Sentul, Wednesday, said the investment would be used to build a modern waste processing facility serving Bogor Regency and Bogor City.

"This is the stage where the Bogor Regency Government, together with the central government, is implementing a more modern waste management approach, namely waste-to-energy processing, with an initial investment of US$160 million," said Rudy.

The construction of the Galuga PSEL will be marked by a groundbreaking ceremony on Thursday (17/9), after the local government handed over the land for the project.

The Bogor Regency Government has allocated an initial 10 hectares of land for the construction of the PSEL facility. According to Rudy, approximately 24 hectares of land is available should capacity expansion be required in the future.

The Galuga PSEL requires a waste supply of around 2,000 tons per day originating from Bogor Regency and Bogor City.

Rudy stated that Bogor Regency produces around 3,000 tons of waste per day, with a population of around 6.1 million. Meanwhile, Bogor City produces around 700-1,000 tons of waste per day.

"So for today's conditions, there is a surplus of waste," he said.

Danantara Senior Vice President of Stakeholder Relations Dede Firmansyah said the Galuga PSEL project has entered the construction phase after the groundbreaking and is targeted to be operational in the second to third quarter of 2028.

According to him, the facility uses incinerator technology to process new waste or fresh waste produced every day.

In this cooperation scheme, the regional government is obliged to provide land and fulfill the specified amount of waste supply.

However, Dede said that local governments are not burdened with tipping fees or waste processing costs.

"The positive thing is the elimination of tipping fees , which were previously a burden on the region," said Dede.

The electricity generated from this waste processing will then be absorbed by PLN, the offtaker. The power generation capacity is estimated to be between 20 and 30 megawatts, depending on the quantity and quality of the waste processed.

In addition to PSEL, Rudy said the Galuga area is also planned to be equipped with a pyrolysis facility with an initial investment of around IDR 600 billion.

The facility is aimed at processing old waste that has been piled up in Galuga for around 34 years into liquid fuel, while PSEL is focused on processing new waste.

[Source]

Bahlil Announces 13 Additional Downstream Projects Worth Rp239 Trillion

Minister of Energy and Mineral Resources, Bahlil Lahadalia, announced that the government is preparing 13 additional downstream (value-added) projects with a total investment value of approximately Rp239 trillion. The announcement was made after attending a limited meeting with President Prabowo Subianto in Hambalang, West Java, on Wednesday (March 25, 2026). According to Bahlil, these additional projects complement the previously announced 20 first-phase downstream projects, some of which have already entered the groundbreaking stage, while others are scheduled to begin soon. “We are adding 13 more downstream projects with a total investment of around Rp239 trillion, which are currently being finalized,” Bahlil stated. Acceleration of Alternative Energy Development During the meeting, the government also discussed accelerating the development of alternative energy sources. President Prabowo instructed that all potential energy sources, including biofuels and renewable energy, should be developed more rapidly. This includes initiatives such as bioethanol production, biodiesel from crude palm oil (CPO), and broader efforts to accelerate the energy transition. Initial Downstream Projects Previously, Indonesia’s sovereign investment agency, BPI Danantara, conducted groundbreaking ceremonies for several early-stage downstream projects in the energy sector, including: Aluminum smelter and alumina refinery (SGAR) in Mempawah, West Kalimantan Bioavtur refinery in Cilacap, Central Java, with a capacity of around 6,000 barrels per day Bioethanol plant in Glenmore, Banyuwangi, with a capacity of 30,000 kiloliters per year Integrated poultry farming projects across multiple regions with expansion plans up to 30 locations Salt processing and MVR facilities in Gresik and Madura with a capacity of up to 200,000 tons per year National Priority Downstream Projects In total, the government has identified 18 priority downstream and energy resilience projects with a combined investment value of approximately US$38.63 billion (Rp640.4 trillion). These projects span multiple strategic sectors, including: Mining and minerals (minerba): aluminum smelters, coal-to-DME, stainless steel, and copper processing Agriculture: oleoresin, oleofood, and coconut-based industries Marine and fisheries: salt processing, fish fillet, and carrageenan production Energy security: oil refineries and storage infrastructure Energy transition: integrated solar modules and bioavtur from used cooking oil The projects are distributed across various regions in Indonesia, including Kalimantan, Java, Sumatra, Sulawesi, Nusa Tenggara, and Papua. National Downstream Strategy This downstream development program is part of the government’s broader strategy to increase the value-added of natural resources, strengthen energy security, and accelerate domestic industrial growth. With the addition of these 13 new projects, the government aims to further accelerate Indonesia’s economic transformation toward a more industrialized and sustainable economy. [Source]

Mar, 26 2026

Real Evidence of Nickel Downstreaming, Indonesia is Ready for Mass Production of Electric Vehicle Batteries in April 2024

Jakarta, March 9 2024 – As clear proof that downstream nickel is not just a discourse, the Ministry of Investment/Investment Coordinating Board (BKPM) ensures that Indonesia is ready to record new history in the automotive industry with the start of mass production of the first electric vehicle batteries in this country. PT Hyundai LG Indonesia (HLI) Green Power, based in Karawang, West Java, will start commercial production of electric vehicle batteries in April 2024. This momentum not only marks Indonesia as the first electric vehicle battery cell producer in Southeast Asia, but also confirms The Indonesian Government's commitment to support the electric vehicle battery ecosystem development project (grand package) worth USD9.8 billion or IDR 142 trillion. During her visit to PT HLI Green Power on February 21 2024, Special Staff of the Ministry of Investment/Investment Coordinating Board (BKPM) Tina Talisa emphasized that under the leadership of President Joko Widodo, the government wants to focus on developing downstreaming. Therefore, the government paid special attention after the groundbreaking was carried out in September 2021. “Downstreaming is a way to create added value from Indonesia's abundant natural resources, one of which is nickel. So, we then make this nickel process integrated from upstream to downstream, that's why there is the world's first integrated electric vehicle battery investment with a grand package of USD 9.8 billion. "So it is integrated from the upstream of the mine, then to the smelter, then refining, processing, precursor, cathode, then into battery cells," said Tina. Tina also added that the production of electric vehicle battery cells will make Indonesia the first country to produce electric vehicle battery cells in Southeast Asia to use the latest technology from LG. The implication is that the young Indonesian workers absorbed in this project will also become the first electric vehicle engineers in Southeast Asia. Tina also expressed her hope that downstreaming would be able to create a workforce that is properly absorbed in the sense of having high skills so that the income is higher and able to bring Indonesia out of the middle income trap. President Director of PT HLI Green Power Hong Woo Pyoung stated HLI's readiness to carry out mass production. Apart from that, Hong also revealed that the electric vehicle battery industry in Indonesia will be able to produce pioneering young engineers who have the ability to manufacture electric car battery cells. "We have been preparing everything since September 2023. We are ready to carry out mass production in April 2024. We have also trained engineers from Indonesia for a year and we will continue to provide training. They are very smart, diligent and competent. "We are very proud of the engineers from Indonesia," said Hong Woo Pyoung. PT HLI Green Power is a joint venture company between Hyundai Motor Company, LG Energy Solution, and PT Indonesia Battery Corporation (IBC). PT HLI Green Power's investment is a follow-up to the signing of a Memorandum of Understanding (MoU) between the Ministry of Investment/BKPM and the Hyundai, LG and IBC Consortium on July 28 2021. Furthermore, in September 2023, President Joko Widodo visited PT HLI Green Power to carry out direct inspection of the process and results of electric vehicle battery cell production. In the first phase, PT HLI absorbed an investment of USD 1.1 billion and had a production capacity of 10 gigawatt/hour (GWh), consisting of 32.6 million battery cells which could produce approximately 150,000 electric vehicles. In the second phase, expected in 2025, PT HLI plans to increase production capacity to 20 GWh. (SOURCE)

Mar, 21 2024

West Java Investment Realization in 2024 Reaches IDR 251.1 Trillion, These are the Top Regencies and Cities

JABAR EKSPRES – Investment realization in West Java in 2024 reached IDR 251.1 trillion. This figure again places West Java in the top position of provinces with the highest realization achievement in Indonesia. Second place is Jakarta with IDR 241.9 trillion. Third place is East Java with IDR 147.3 trillion, then fourth place is Central Sulawesi IDR 139.9 trillion and fifth is Banten with IDR 105.6 trillion. Head of the West Java Investment and One-Stop Integrated Service Agency (DPMPTSP) Nining Yuliastiani said that West Java's realization achievement increased by 19.2 percent compared to the previous period. "We are grateful, because it is again the highest in terms of investment," he explained, Tuesday (11/2). Nining continued, West Java's investment contributed at least 14.7 percent to national investment realization. The national achievement is at IDR 1,714.2 trillion. Nining also said that the investment flowing into West Java certainly has a positive impact on the community. One of them is related to the absorption of labor. It was recorded that the investment in 2024 managed to absorb 383,707 workers. With a total of 158,708 projects. Nining detailed that the investment was spread across 27 cities and districts in West Java. There are 5 cities and districts with the highest investment. Namely, Bekasi Regency with IDR 71.8 trillion, Karawang Regency with IDR 68.5 trillion, Bogor Regency with IDR 22.9 trillion, Bekasi City with IDR 13.7 trillion, and Bandung City with IDR 10.7 trillion. Meanwhile, the 5 cities and districts with the lowest investment are Pangandaran Regency with IDR 249 billion, Tasikmalaya Regency with IDR 228 billion, Sukabumi City with IDR 169 billion, Ciamis Regency with IDR 132 billion, and Banjar City with IDR 90.5 billion. In terms of sectors, the processing industry is the sector with the largest realization in the PMA category. The value reached IDR 97.0 trillion. Likewise with the PMDN category, the sector is also at the top with a value of IDR 36.2 trillion. On the other hand, the Acting Governor of West Java, Bey Triadi Machmudin, is also grateful for the investment achievement. But he also hopes that there will be a significant impact from the achievement. "Hopefully it will remain high in 2025. And the main thing is that it has an impact on society. For example, the absorption of labor," he said. (son) (SOURCE)

Mar, 17 2025

Kertajati Airport gets another injection of funds from West Java Provincial Government

The West Java Provincial Government (Pemprov) will again disburse the budget for Kertajati Airport in Majalengka Regency. This certainty is reflected in the Draft General Budget Policy (KUA) and Draft Temporary Budget Ceiling Priorities (PPAS) of the West Java Provincial Budget for 2025. “The memorandum of agreement has been signed. There are several programs that are prioritized for the regional infrastructure sector. Those are smooth roads, BRT Bandung Raya, and BIJB Kertajati,” said Acting West Java Governor Bey Machmudin through a press statement. The memorandum of agreement is the basis for regional apparatus. In particular, compiling the Budget Work Plan (RKA) and compiled as material for the preparation of the financial memorandum and regional budget 2025. In addition, Bey also prioritizes the repair program for uninhabitable houses (Rutilahu). Including, handling slum areas for the Natural Resources Management (PSDA) sector. For the PSDA sector, including food insecurity, farmer regeneration, inflation control, downstream industry, MSMEs, and investment. Meanwhile, based on the results of the discussion, Bey explained that the draft KUA and draft PPAS 2025 targeted regional revenue of Rp29.93 trillion. And regional expenditure of Rp29.74 trillion. “Regional financing revenue amounted to Rp424.58 billion. As well as regional financing expenditures of IDR 616.81 billion so that the volume of the APBD is IDR 30.35 trillion,” he said. Bey appreciated all members of the West Java DPRD, TAPD and Regional Apparatus who had conducted joint studies and discussions. Thus, the determination of revenue and expenditure targets can be allocated realistically. “Hopefully all the development efforts that we have done, are doing, and will do in APBD 2025 can bring benefits to improve the welfare of the community,” he concluded. SOURCE

Aug, 01 2024

BI: Ciayumajakuning investment target achieved 85.2 percent

Cirebon (ANTARA) - The Representative Office of Bank Indonesia (BI) Cirebon, West Java, recorded that investment achievements in its region which includes Cirebon, Indramayu, Majalengka and Kuningan (Ciayumajakuning) have been realized up to 85.2 percent of the target of IDR 10.78 trillion in 2023. "Ciayumajakuning's investment target in 2023 is IDR 10.78 trillion and 85.2 percent of the realization target has been achieved," said Head of KPw BI Cirebon Hestu Wibowo when met in Cirebon, Thursday. Hestu said that the percentage of investment realization was sourced from data from the Ciayumajakuning One Stop Investment and Integrated Services Service (DPMPTSP), which was collected up to the third quarter of 2023. Based on this data, he said, investment in Ciayumajakuning grew consistently and contributed 5.74 percent to the existing capital investment target in West Java. "West Java is the province with the largest level of investment nationally, Ciayumajakuning contributed 5.74 percent. "I think this is a positive contribution," he said. Hestu revealed that if detailed from the data, the share of domestic investment (PMDN) in Ciayumajakuning showed quite good performance with the most dominant investment sector being in the mining sector at around 45.91 percent. Then, the food crops and plantations sector in Ciayumajakuning ranks second as an investment sector that is quite popular with PMDN with a figure of 17.68 percent. In next place, said Hestu, PMDN in Ciayumajakuning also invested in the non-metallic mineral industry at around 12.51 percent, trade and repairs at 8.53 percent and other sectors at 15.37 percent. "We at Ciayumajakuning always coordinate with the regional government on how to make it easier for investors to invest," he said. Still referring to similar data, Hestu said that the share of foreign investment (PMA) in Ciayumajakuning was dominated by investment activities in the basic chemical industry, chemical goods and pharmaceuticals with a figure of 61.98 percent. Meanwhile, for the remainder, PMA in Ciayumajakuning invested around 13.85 percent in the food crops and plantation sector, mining at 11.19 percent, the food industry at 3.46 percent and other fields around 9.51 percent. He emphasized that in order for the rate of investment in Ciayumajakuning to grow consistently, there needs to be policies to make it easier for investors to invest, for example with licensing efficiency. Hestu assesses that all supporting facilities to grow the investor sector in Ciayumajakuning are well available, so that the realization of capital investment will be achieved by the end of 2023. "The rate of investment in Ciayumajakuning will continue to grow positively until the end of 2023," he said. (SOURCE)

Jan, 11 2024

Navigation