Indonesia Expects $10bn Investment to Export "Green" Electricity

Key Summary:
- Indonesia agrees to export renewable electricity to Singapore
- Ministry of ESDM expects at least $10bn investment for this project
- Expects $210-600mn in government revenue, $4-6bn for exports
Indonesia and Singapore have signed a roadmap for exporting electricity from renewable energy sources, targeting a total capacity of 3.4 gigawatts (GW), with potential investments of at least $10 billion (around IDR 16.3 trillion).
Context: The agreement was formalized through a Memorandum of Understanding (MoU) between Indonesia and Singapore, outlining 3 primary cooperation areas: