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Danantara Invests US$1 Billion in Waste-to-Electricity Project in Jakarta

Published on May 4, 2026, by CNBC Indonesia
By Romys Binekasri

Jakarta, CNBC Indonesia — The Anagata Nusantara Investment Management Agency (BPI Danantara) revealed that the total investment for the Jakarta Waste-to-Electricity (PSEL) project has reached US$1 billion.

Danantara Chief Executive Officer Rosan Roeslani said the calculation was based on processing 8,000 tons of waste per day.

“So, if I’m talking about 8,000, then 8,000 tons is approximately US$1 billion,” he said at the Graha Mandiri building in Jakarta, Monday (May 4, 2026).

Rosan explained that the PSEL construction in Jakarta will exceed the capacity of 8,000 tons per day. This is done to process old waste, so that the final waste processing site at Bantar Gebang is clean without the need for waste sorting.

“It could be 10,000, it could be 12,000. So that old waste can be collected. Because with this new technology, even old waste can be collected, not just new waste,” he said.

Rosan revealed that the total waste in Jakarta has now reached 60 million tons, categorizing it as a waste emergency area, thus attracting special attention from Indonesian President Prabowo Subianto.

“This will be followed up immediately, and the plan is to build it,” he said.

The waste will be collected by PT PLN (Persero) at a rate of US$0.20, or 20 cents per kWh.

He stated that three waste management (PSEL) locations in Jakarta are targeted to be operational by 2028.

“Either in Bantar Gebang or Sunter, or another one there, there are three, but we will assess which is more efficient, better, and faster, because our target is that if we process this, it will be operational by early 2028,” he said.

Rosan ensured that with the sophisticated technology used in this waste processing, not only will processing be faster but it will also be environmentally friendly.

“So it can be done immediately, because we also consider the environment, odor issues, and land issues. We are also paying close attention to all of that,” he concluded.

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