Author: zandra7421

Committed to Expanding NRE, Pertamina Prepares US$8.3 Billion Capex

PT Pertamina (Persero) increases its contribution to Indonesia’s energy mix by encouraging the growth of new and renewable energy (NRE). The commitment is shown in the company’s total capital expenditure of USD 92 billion for 2020-2024, of which 9 percent, or USD 8.3 billion will be allocated for NRE. Iman Rachman, Director of Strategy, Portfolio, and Business Development of Pertamina, during a talk show on the sidelines of the 26th United Nations Climate Change Conference (COP26) in Glasgow, Scotland, Wednesday (3/11). “For energy mix, our NRE program from 2019 of 13 percent will increase to 17 percent in 2030,” said ... Read more