Insight

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

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Algo Research Team


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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:


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