Speaking to reporters in Jakarta on Friday (24/10/25), Danantara CEO Rosan Roeslani said that more than 200 domestic and foreign investors have expressed interest in developing the Electricity Generating Waste Processing (PSEL) program, according to reporting from Antara News.
Roeslani said that of the 204 interested companies, 66 are foreign investors, adding that the investor selection and bidding process is expected to begin in November.
Despite the strong interest, he explained that Danantara’s role is primarily to attract investors. Even if no private companies participate, the fund will proceed with the waste-to-energy initiative, as the regulatory framework is already in place.
Antara News says that currently, seven regions are ready to implement the program. Their readiness includes the availability of waste, land, water and electricity infrastructure, and, most importantly, integration with state utility PLN’s electricity distribution network.
“The program is comprehensively ready to be executed,” Roeslani said, adding that Danantara is now moving forward with the tender process in coordination with relevant ministries.
Danantara will serve as a shareholder in all waste-to-energy projects to ensure they are carried out effectively and in line with national standards, says Antara News.
President Prabowo has announced the government’s plan to build waste-processing facilities in 34 cities nationwide. The facilities are designed to generate electricity from waste, with completion targeted within two years.
He said the development would be prioritized in cities with high waste volumes, including Jakarta, Bandung, Surabaya, and Bali. Funding has been allocated, and the government is finalizing contracts and selecting suitable technologies.
Antara News says that the waste-to-energy initiative is seen as vital to maintaining cleanliness, protecting public health, and supporting tourism development across Indonesia.
Source: Antara News
Stock Image by Dinh Khoi Nguyen from Pixabay
