The Daya Anagata Nusantara Investment Agency, known as Danantara, officially announced on Friday (May 22) the 85 entities that have successfully qualified for the second wave of the Selected Provider List (DPT) for Indonesia’s waste-to-energy (WtE) projects. These projects are being managed through the national sovereign wealth fund’s subsidiary, Danantara Investment Management (DIM).
The qualified participants are now positioned as potential partners for the development and operation of Environmentally Friendly Technology-Based Waste Processing into Electrical Energy (PSEL) facilities. This initiative is a cornerstone of Indonesia’s strategy to transform urban waste into a sustainable energy source.
Several prominent companies listed on the Indonesia Stock Exchange (IDX) have secured their positions on this prestigious list. These include PT Maharaksa Biru Energi Tbk (OASA), PT Daaz Bara Lestari Tbk (DAAZ), PT Medco Energi Internasional Tbk (MEDC), and PT Astrindo Nusantara Infrastruktur Tbk (BIPI).
This second-wave selection follows an initial phase that targeted projects in the Bekasi City, Greater Bogor, and Greater Denpasar regions. The surge in interest has been remarkable, with the number of participants jumping from 24 entities in the first wave to 85 in the second. The list features a mix of new corporations, fresh consortia, and returning participants who are reaffirming their commitment to the sector.
Fadli Rahman, CEO of PT Daya Energi Bersih Nusantara (Denera), emphasized that the growing number of domestic and international participants reflects the robust investment appeal of the PSEL program.
“We remain fully committed to ensuring that the partner selection process for PSEL is conducted with the highest levels of transparency and competitiveness. Our goal is to secure partners capable of supporting integrated waste management systems that can effectively address Indonesia’s waste emergency,” Fadli stated in an official release.
Moving forward, DIM will issue Terms of Reference (ToR) to the participants who passed the DPT BUPP PSEL selection. Specific details regarding the schedule and procedures for the upcoming phases will be provided in separate communications.
The selection results reveal strategic partnerships among key industry players. DAAZ is participating through two separate groups: the Daaz Jinjiang Green Energy Consortium (alongside PT Perkasa Eka Cipta Investama and PT Jinjiang Environment Indonesia) and the ZNJJ Daaz Green Energy Consortium.
Meanwhile, MEDC is part of the Sinergi Mitra Citra Consortium, a high-powered collaboration featuring Samsung E&A, China TianYing, and PT Medco Power Indonesia. OASA has joined the Grandblue Maharaksa Consortium, partnering with Grandblue and PT Indoplas Dewata Energi.
Representing the Bakrie Group, BIPI is involved through the Mentari Citra Lestari Consortium, which includes PT Bakrie Power, PT Acritas Karya Persada, and SUS Indonesia Holding Limited. This follows a major move by the Bakrie Group’s investment arm, PT Bakrie Capital Indonesia (BCI), which recently acquired 3.82 billion shares of BIPI. According to ownership reports, BCI purchased these shares at Rp 248 on February 24, 2026, for investment purposes, bringing its total stake in BIPI to 6%.
The following is the complete list of the 85 entities selected for the second wave of Danantara’s WtE project:
- Beijing GeoEnviron Engineering & Technology (IEHC Consortium)
- Cevia Enviro Inc
- China Conch Venture Holdings Limited
- China Construction First Group Co.
- China Everbright Environment Group Limited
- China National Environmental Protection Group Co., Ltd. (CNEPG)
- China National Machinery Import & Export Corporation (CMC)
- China Sciences Ecorizon Tech Co., Ltd. (CSET)
- China Tianying Inc. (CNTY)
- Chongqing Sanfeng Environment Group Corporation Limited
- Dynagreen Environmental Protection Group Co., Ltd.
- GCL Intelligent Energy (Suzhou) Co., Ltd.
- Grandblue Environment Co., Ltd.
- Grandtop Yongxing Group Co., Ltd
- Hunan Construction Engineering Group Co., Ltd
- ITOCHU Corporation
- JFE Engineering Corporation
- Kanadevia Corporation
- Keppel Seghers
- Mitsubishi Heavy Industries Environmental & Chemical Engineering
- POSCO Eco & Challange Co., Ltd.
- PT Jinjiang Environment Indonesia
- PT MCC Technology Indonesia (MCC)
- QiaoYin City Management Co., Ltd
- Samsung E&A
- Sichuan Energy Investment Group Co., Ltd.
- SUEZ (Asia Pacific) Limited
- Sumitomo Corporation
- SUS Indonesia Holding Limited
- Tianjin TEDA Environmental Protection Co., Ltd.
- Veolia Environment SA
- Wangneng Environment Co., Ltd.
- Wuhan Tianyuan Group Co., Ltd
- Zhejiang Weiming Environment Protection Co., Ltd.
- Alam Lestari Consortium: Beijing GeoEnviron Engineering and Tech Inc – PT Tumbuh Ganda Sejahtera – PT Energi Infranusantara
- Aruna Energi Lestari Consortium: PT Pertamina Power Indonesia – SUS Indonesia Holding Limited
- Baruna Energi Lestari Consortium: PT Pertamina Power Indonesia – Beijing GeoEnviron Engineering and Tech Inc
- Bio Power Consortium: Beijing GeoEnviron Engineering and Tech Inc – PT PLN Indonesia Power Renewables
- Bumi Biru Indonesia Consortium: SUS Indonesia Holding Limited – PT Indoplas Dewata Energi
- Bumi Green Energy Consortium: Beijing GeoEnviron Engineering and Tech Inc – PT Bumi Karsa
- Bumi Lestari Indonesia Consortium: PT Chandra Capital Indonesia – Wangneng Environment Co., Ltd
- Cakra Energi Lestari Consortium: PT Pertamina Power Indonesia – Tianjin TEDA Environmental Protection Co., Ltd. – CITICC International Investment Limited
- Cakrawala Energi Andalas Consortium: SUS Indonesia Holding Limited – PT Uptrans Teknologi
- CEVIA Enviro Inc. – PT Adyawinsa Electrical & Power Consortium
- CEVIA Enviro Inc. – PT Daya Mulia Turangga Consortium
- CEVIA Enviro Inc. – PT Mega Power Mandiri Consortium
- Conch Venture Global Ekuitas Nusantara Consortium: China Conch Venture Holdings Limited – PT Global Ekuitas Nusantara
- Daaz Jinjiang Green Energy Consortium: PT Perkasa Eka Cipta Investama – PT Jinjiang Environment Indonesia
- Dharma Energi Lestari Consortium: GCL Intelligent Energy (Suzhou) Co Ltd – PT Pertamina Power Indonesia
- Elang Energi Lestari Consortium: PT Pertamina Power Indonesia – Chongqing Sanfeng Environment Group Co Ltd
- Energi Sentosa Indonesia Consortium: PT Chandra Capita Indonesia – Veolia Environment SA
- Erajaya Eco Energi Consortium: Beijing GeoEnviron Engineering and Tech Inc – PT Era Prima Indonesia
- Erajaya Solusi Energi Consortium: SUS Indonesia Holding Limited – PT Era Prima Indonesia
- Everbright Cemerlang Energy Consortium: China Everbright Environment Group Limited – PT Harmoni Development Indonesia – PT Bioregen Enviro Tech
- Fajar Energi Lestari Consortium: PT Pertamina Power Indonesia – GCL Intelligent Energy (Suzhou) Co Ltd
- GCL Intelligent Energy (Suzhou) Co Ltd – PT PLN Indonesia Power Renewables Consortium
- GeoEnviron Nusantara Consortium: Beijing GeoEnviron Engineering and Tech Inc – Huanxing Environment Protection
- Grandblue Maharaksa Consortium: Grandblue – PT Maharaksa Biru Energi – PT Indoplas Dewata Energi
- Huanxing Environment Protection – Hunan Construction Engineering Group Co., Ltd Consortium
- Huanxing Environment Protection – PT Famindo Inovasi Teknologi Consortium
- Hunan Junxin Environmental Protection Co., Ltd – Ossia International Limited – PT Widya Karya Persada Consortium
- Hyderabad – Ramky – Re Sustainability Consortium
- Indonesia Energi Hijau Consortium: Beijing GeoEnviron Engineering and Tech Inc – PT Awal Bross Putra Medika – PT Riau Perkasa Energi – PT Patimban Banyu Nagara Utama
- Langit Biru Indonesia Consortium: PT Chandra Capital Indonesia – PT Bioregen Enviro Tech
- Langit Cerah Consortium: PT Chandra Waste Energy – QiaoYin City Management Co., Ltd
- Masa Depan Energi Indonesia Consortium: PT Chandra Waste Energy – Beijing GeoEnviron Engineering and Tech Inc
- Mentari Citra Lestari Consortium: PT Bakrie Power – PT Acritas Karya Persada – SUS Indonesia Holding Limited
- Nusantara Asri Energi Consortium: PT Chandra Capital Indonesia – SUS Indonesia Holding Limited
- Nusantara Energi Hijau Consortium: Beijing GeoEnviron Engineering and Tech Inc – PT Sentosa Utama Abadi
- Nusantara Energy Consortium: Beijing GeoEnviron Engineering and Tech Inc – Huanxing Environment Protection – PT Energi Global Solution
- PT Infra Daya Energia – SUS Indonesia Holding Limited Consortium
- PT Istana Karang Laut – PT Integral Nusantara Abadi – China TianYing Consortium
- PT Mega Power Mandiri – CEVIA Enviro Inc. Consortium
- Sinergi Mitra Citra Consortium: Samsung E&A – China TianYing – PT Medco Power Indonesia
- SSC Consortium: Samsung E&A – China Sciences Ecorizon Tech Co., Ltd. (CSET) – PT Energi Jaya Inovasi
- SUEZ (Asia Pacific) Limited – PT Insan Asia Nusantara – China Machinery Engineering Corporation Consortium
- Sumitomo Corporation – Kanadevia Corporation – PT Hanochem Tiaka Samudera Consortium
- Wangneng Chandra Enviropower Consortium: Wangneng Environment Co., Ltd – PT Chandra Waste Energy
- Wangneng GBSH Consortium: Wangneng Environment Co., Ltd – PT GBSH Global Media
- Weiming Nusantara New Energy Alliance Consortium: Zhejiang Weiming Environment Protection Co., Ltd – PT Ananta Energi Asia
- Weiming Nusantara New Energy League Consortium: Zhejiang Weiming Environment Protection Co., Ltd. – PT Utomodeck Metal Work
- Weiming Nusantara New Energy Union Consortium: Zhejiang Weiming Environment Protection Co., Ltd. – PT Pertamina Power Indonesia
- Wuhan Tianyuan Group Co., Ltd – CITICC International Investment Limited Consortium
- Wuhan Tianyuan Group Co., Ltd – SUS Indonesia Holding Limited Consortium
- ZNJJ Daaz Green Energy Consortium: PT Jinjiang Environment Indonesia – PT Perkasa Eka Cipta Investama
Summary
The Daya Anagata Nusantara Investment Agency (Danantara) has officially selected 85 entities for the second wave of its waste-to-energy (WtE) project. These qualified participants, managed through Danantara Investment Management, will serve as potential partners for developing environmentally friendly waste-to-energy facilities across Indonesia. This initiative saw a significant increase in interest, with the number of participating firms rising from 24 in the first wave to 85, reflecting a strong commitment to sustainable urban waste management.
Prominent publicly listed companies are participating through various strategic consortia, including PT Maharaksa Biru Energi Tbk, PT Daaz Bara Lestari Tbk, PT Medco Energi Internasional Tbk, and PT Astrindo Nusantara Infrastruktur Tbk. Danantara plans to issue Terms of Reference (ToR) to these qualified parties to guide the next phases of the project. The selection process aims to secure competitive partners capable of implementing integrated systems to address the country’s waste challenges effectively.
