The second wave of selections for Indonesia’s Waste-to-Energy (WtE) Program, also known as PSEL (Program Pengolahan Sampah menjadi Energi Listrik), has seen a significant surge in both domestic and international participants. This remarkable increase underscores the immense potential for developing WtE projects across 33 cities throughout Indonesia, according to Danantara Investment Management (DIM).
Fadli Rahman, DIM’s Investment Director and CEO of PT Daya Energi Bersih Nusantara (Denera), highlighted that the robust participation from both local and global companies clearly indicates the program’s substantial investment appeal. This appeal, he noted, is particularly strong when the initiative is managed with transparent and reliable governance. “To that end, we remain committed to ensuring that the entire WtE partner selection process is conducted transparently and competitively,” Rahman stated in a written statement received in Jakarta recently.
The second selection wave for Danantara’s PSEL/WtE program’s Selected Provider List (DPT) successfully qualified 85 entities. This figure represents an impressive increase of over 254 percent compared to the first wave, which involved only 24 participants. Such a dramatic rise showcases the growing global interest in Indonesia’s innovative waste management solutions.
Fadli further clarified that the PSEL projects are currently in their initial stages. The DPT phase serves as a pre-qualification round, meaning that selected companies must undergo a series of additional rigorous processes before securing a project. These subsequent stages include in-depth technical evaluations, assessments of funding readiness, technology suitability, and verification of operational capacity on the ground.
Participants in the second DPT wave hail from diverse nations, including Japan, South Korea, France, India, Singapore, and China, alongside various other companies across Asia. Fadli emphasized that this widespread international involvement demonstrates how Indonesia’s waste management challenges are now capturing significant attention from global energy and environmental industry players, positioning the nation as a key hub for sustainable development.
The substantial leap in participant numbers in the second DPT wave also signals that Indonesia’s PSEL projects are increasingly viewed as a seriously potential and rapidly expanding market. The complete list of 85 qualified entities can be accessed by interested parties through the official Danantara Indonesia website, ensuring full transparency in the selection process.
Notably, the majority of companies admitted to the second DPT wave originate from countries with extensive experience in energy-based waste management. Nations like Japan and South Korea, renowned for their advanced modern incineration technologies and stringent emission standards, bring invaluable expertise. Furthermore, the inclusion of companies from Europe and China broadens the spectrum of technological capabilities and practical experience, particularly in sophisticated environmental management and urban energy efficiency solutions.
Denera, a subsidiary of DIM, plays a pivotal role in this ambitious undertaking. Previously, Danantara’s Chief Investment Officer (CIO), Pandu Sjahrir, projected that Denera could be listed on the Indonesia Stock Exchange (BEI) by the end of 2028. Overall, Danantara targets the PSEL program to encompass 33 projects across various regions of Indonesia, with a total investment commitment nearing US$5 billion, equivalent to approximately 85 trillion to 90 trillion Indonesian Rupiah, marking a significant step towards a greener, more sustainable future for the archipelago.
