Danantara Prepares Trillion-Rupiah Downstream Energy Projects
Jakarta – The Daya Anagata Nusantara Investment Management Agency (Danantara) is preparing major steps to support national energy downstreaming, with investments reaching hundreds of trillions of rupiah. The Ministry of Energy and Mineral Resources (ESDM) has submitted 18 downstream project documents worth IDR 618 trillion to Danantara, which are currently in the Feasibility Study (FS) phase.
Ministry of Energy and Mineral Resources Secretary General Ahmad Erani Yustika emphasized that the FS process is targeted for completion by the end of 2025. Accelerating downstream projects is crucial to reducing dependence on energy imports, particularly LPG.
“All projects have entered the feasibility study stage. There will certainly be phases, but all will be completed by the end of this year so they can be executed immediately,” he said.
Erani explained that he believes the development of derivative products such as dimethyl ether (DME) can serve as a substitute for LPG while strengthening national energy security. Of the 18 projects being worked on, eight are from the mineral and coal sector, with an investment value of approximately US$20.1 billion.
“The project is projected to absorb more than 104,000 workers. In addition, there are projects in the energy transition, agriculture, maritime affairs and fisheries, and energy security sectors, with a total potential employment of more than 276,000 people,” he said.
The Minister of Energy and Mineral Resources and Head of the Downstream and Energy Security Task Force, Bahlil Lahadalia, previously emphasized that downstreaming is not only oriented towards investment, but also towards job creation and increasing the added value of natural resources.
“These projects will be the main drivers of Indonesia’s economic transformation in the future,” he explained.
Meanwhile, Danantara Indonesia CEO Rosan Roeslani revealed that Danantara is establishing strategic partnerships with global partners. The US technology company, Oracle Corporation, plans to invest in Indonesia.
“We are creating new jobs in the technology sector and accelerating Indonesia’s digital transformation towards a developed nation,” Rosan explained.
Rosan added that the presence of global investors like Oracle will provide important synergy in supporting the downstreaming and energy transition agenda.
“Cross-sector collaboration will strengthen Indonesia’s competitiveness, both in terms of energy and technology,” he concluded.
With a combination of downstream projects worth hundreds of trillions of rupiah and collaborations with global technology companies, Danantara is asserting its position as a key driver in Indonesia’s energy and economic transformation. This step is expected to not only reduce energy imports but also open up significant opportunities for industrial growth and job creation across various sectors.
