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TEMPO.CO, Jakarta - The government is targeting the completion of 33 Waste-to-Energy Plants (PLTSa) by 2027. Coordinating Minister for Economic Affairs Airlangga Hartarto said that part of the project's funding would utilize funds from Patriot Bonds issued by Danantara."It is expected that this can be realized in the next two to three years," Airlangga said during the CEO Insight event at Plataran Senayan, Jakarta, on Tuesday, November 4, 2025.Airlangga explained that the construction of the 33 PLTSa units is a direct directive from President Prabowo Subianto. This project is part of the government's effort to promote tourism by making Indonesian cities waste-free.PLTSa is one of the implementations of Patriot Bonds. Airlangga stated that the funds are available, the project is set, and the offtake price has been agreed upon by PLN.Airlangga added that the PLTSa project is also included in the agenda of the ASEAN Zero Emissions Community. He mentioned that one of the projects already underway is the PLTSa in Legok Nangka, West Java, with an investment value of around Rp4 trillion.OJK Prepares Patriot Bond IssuancePreviously, the Financial Services Authority (OJK) ensured that the Patriot Bonds investment instrument owned by Danantara is ready to be issued. The Executive Head of the Capital Market Supervisory Agency of the OJK, Inarno Djajadi, said that the issuance process was almost completed.He added that they are currently studying the Patriot Bonds proposal to ensure compliance with the principles of caution and good governance. "We are in discussions with Danantara, and of course, the process to be conducted will be done prudently and with good governance," said Inarno Djajadi when met at the Indonesia Stock Exchange (BEI) building, Jakarta, on Friday, October 17, 2025.Once this process is completed, the OJK will facilitate the initial issuance of Danantara Indonesia's bonds. State Secretary Minister Prasetyo Hadi also previously conveyed that President Prabowo has received a report from Danantara CEO, Rosan Roeslani, regarding the realization of Patriot Bonds orders, which have reached Rp50 trillion. This fund will be allocated for new renewable energy projects, including waste-to-energy conversion.Developers Selected for PSEL ProjectMeanwhile, PT Danantara Investment Management has announced 24 companies that have passed the selection as Environmentally-Friendly Waste-to-Energy Developer and Manager Business Entities (BUPP PSEL). The selected companies can collaborate with state-owned, regional-owned, or local private companies to participate in the PSEL project tender in seven agglomeration regions, which will be held on November 6, 2025.According to the Managing Director of Danantara Investment, Stefanus Ade Hadiwidjaja, these companies were chosen from 200 applicants, and most of them are from China and Japan, as they are considered experienced in waste-to-energy projects.This PLTSa project is a follow-up to Presidential Regulation No. 109 of 2025 concerning Urban Waste Management Through Processing Waste into Environmentally Friendly Technology-Based Renewable Energy. The regulation was issued to address the national waste accumulation, which reaches over 56 million tons per year, with a current management rate of only about 39 percent.The seven agglomeration regions, which will be the locations for the PSEL development, include Greater Yogyakarta, Greater Denpasar, Greater Bogor, Greater Bekasi, Greater Tangerang, Greater Medan, and Greater Semarang. The government targets that the waste-to-energy processing project can help achieve waste-free cities and support the transition to green energy by 2029.Adil Al Hasan and M Faiz Zaki contributed to this reportEditor’s Choice: Danantara Predicts Waste-to-Energy Project Could Absorb 3,000 WorkersClick here to get the latest news updates from Tempo on Google News
