Jakarta – The Daya Anagata Nusantara Investment Management Agency (Danantara Indonesia) officially received the pre-feasibility study document for the USD 2.5 billion energy transition project from the Task Force for the Acceleration of Downstreaming and National Energy Security. The document was handed over directly by Task Force Chairman and Minister of Energy and Mineral Resources, Bahlil Lahadalia, to Danantara CEO Rosan Roeslani at the Ministry of Energy and Mineral Resources office on Tuesday, 22 July.
This submission is part of the allocation of 18 pre-feasibility study documents prepared by the Task Force to encourage national strategic downstream projects. The total investment value of the entire project amounts to USD 38.63 billion.
“Of all the projects, two of them are in the energy transition sector. We consider this project strategic because it will absorb nearly 30,000 workers and accelerate national energy transformation,” Bahlil said in his statement.
In more detail, the energy transition project is estimated to absorb 29,652 workers. Other sectors that also received pre-study allocations include mineral and coal (8 projects worth USD 20.1 billion), marine fisheries (3 projects), agriculture (3 projects), and energy security (2 projects).
According to Bahlil, the development of these projects will create economic equity and absorb a total direct and indirect labour force of up to 276,636 people. He also emphasised that the quality of jobs created will lead to above-average wage standards.
To ensure the project’s success, the Downstreaming Task Force opens the door for further coordination with Danantara regarding the financing scheme, business model, project location, as well as licensing and environmental aspects.
Meanwhile, Rosan Roeslani appreciated the government’s trust in supporting Danantara as part of the acceleration of the energy transition. He said that since its launch four months ago, Danantara has secured funding commitments from several global financial institutions.
“Of the total USD7 billion funding we have secured, there is USD4 billion from Qatar, USD2 billion from China Investment Corporation (CIC), and support from the Russian Direct Investment Fund (RDIF). We are also exploring cooperation with other sovereign wealth funds,” Rosan explained.
Rosan added that the contribution of downstream investment is now increasingly significant. In the first half of 2025 alone, the contribution from the downstream sector has reached almost 30 per cent of the total national investment of more than Rp 950 trillion.
With the feasibility study now in Danantara’s hands, the billion-dollar energy transition project is poised to enter the advanced preparation stage, paving the way for implementation. (Hartatik)
Banner photo: Minister of Energy and Mineral Resources (MEMR) and Chairman of the Task Force for the Acceleration of Hilirisation and National Energy Security, Bahlil Lahadalia, officially handed over the Pre-Feasibility Study document to the Daya Anagata Nusantara Investment Management Agency (Danantara Indonesia). July 22, 2025 (Source: Ministry of Energy and Mineral Resources)