New Waste-to-Energy Opportunity Emerges with 30-Year Power Contracts at US$0.20/kWh: BPI Danantara and BUMN Take Lead in Developer Selection

In 2018, the Indonesian Government introduced Regulation of the President No. 35 of 2018 on the Accelerated Development of Waste-Processing Electrical-Energy Installations Based on Environmentally Friendly Technologies (“ Regulation 35/2018 ”). [1] As its title suggests, Regulation 35/2018 outlines various efforts that are being made by the government to manage waste, specifically through the creation of additional value from said waste in the form of electrical power through the development of Waste-Based Power Plants (Pembangkit Listrik Tenaga Sampah– “ PLTSa ”). [2]