• Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Sunday, February 22, 2026
Daily The Business
  • Login
No Result
View All Result
DTB
No Result
View All Result
DTB

Indonesia says UAE firm to explore clean energy, amending statement on nuclear power – Business & Finance

February 16, 2025
in Business
Indonesia says UAE firm to explore clean energy, amending statement on nuclear power - Business & Finance
Share on FacebookShare on TwitterWhatsapp

JAKARTA: Emirates Global Aluminium plans to explore alternative clean energy development in Indonesia, Jakarta said, amending a statement denied by the company that EGA planned to build a nuclear power plant in the Southeast Asian country.

Indonesia’s economic affairs ministry issued a statement late on Saturday, replacing one that had said EGA planned to build a nuclear plant of up to 5 gigawatts in an attempt to remedy a shortage of low-carbon power bedevilling efforts to boost capacity at an aluminium smelter in North Sumatra.

An EGA spokesperson said in an email on Thursday that the company “is not in the nuclear power business so, with all respect, the account of this aspect… is inaccurate”.

EGA reiterated it was “interested in Indonesia”. Indonesia has no nuclear power capacity.

The company agreed in 2022 to help expand production capacity by up to 400,000 tons a year at the smelter owned by state-owned Indonesia Asahan Aluminium.

Indonesia has been trying to develop its mineral processing industry by attracting investment on the basis of its rich reserves of minerals such as nickel, copper and bauxite.

Senior Economic Minister Airlangga Hartarto and EGA CEO Abdulnasser Ibrahim Saif Bin Kalban met in Dubai on Wednesday to discuss development of the aluminium industry.

Aluminium prices rangebound as traders assess trade war risks

Airlangga, in Dubai to attend the World Government Summit, also met Mohamed Jameel Al Ramahi, the chief executive of UAE state-owned renewable energy firm Masdar.

The two discussed their projects in Indonesia, including a 145-megawatt floating solar power plant on a reservoir in the province of West Java and development of a gas pipeline from Aceh to East Java.

JAKARTA: Emirates Global Aluminium plans to explore alternative clean energy development in Indonesia, Jakarta said, amending a statement denied by the company that EGA planned to build a nuclear power plant in the Southeast Asian country.

Indonesia’s economic affairs ministry issued a statement late on Saturday, replacing one that had said EGA planned to build a nuclear plant of up to 5 gigawatts in an attempt to remedy a shortage of low-carbon power bedevilling efforts to boost capacity at an aluminium smelter in North Sumatra.

An EGA spokesperson said in an email on Thursday that the company “is not in the nuclear power business so, with all respect, the account of this aspect… is inaccurate”.

EGA reiterated it was “interested in Indonesia”. Indonesia has no nuclear power capacity.

The company agreed in 2022 to help expand production capacity by up to 400,000 tons a year at the smelter owned by state-owned Indonesia Asahan Aluminium.

Indonesia has been trying to develop its mineral processing industry by attracting investment on the basis of its rich reserves of minerals such as nickel, copper and bauxite.

Senior Economic Minister Airlangga Hartarto and EGA CEO Abdulnasser Ibrahim Saif Bin Kalban met in Dubai on Wednesday to discuss development of the aluminium industry.

Aluminium prices rangebound as traders assess trade war risks

Airlangga, in Dubai to attend the World Government Summit, also met Mohamed Jameel Al Ramahi, the chief executive of UAE state-owned renewable energy firm Masdar.

The two discussed their projects in Indonesia, including a 145-megawatt floating solar power plant on a reservoir in the province of West Java and development of a gas pipeline from Aceh to East Java.

Tags: AcehaluminiumEast JavaEGA CEO Abdulnasser Ibrahim Saif Bin KalbanEmirates Global AluminiumIndonesiaMohamed Jameel Al RamahiNorth SumatraSenior Economic Minister Airlangga HartartoUAE
Share15Tweet10Send
Previous Post

Elon Musk says the biggest ROI from AI will be humanoid robots

Next Post

Aviva’s India arm hit with $7.5 million fine for fake invoice scheme, order shows

Related Posts

MG JW Automobile, Wafi Energy collaborate to launch MG Motor Oil - Business & Finance
Business

MG JW Automobile, Wafi Energy collaborate to launch MG Motor Oil – Business & Finance

February 22, 2026
Gold per tola gains Rs7,100 in Pakistan
Business

Gold price per tola gains Rs7,100 in Pakistan – Markets

February 21, 2026
Samsung Pakistan Launches Second Cohort of Innovation Campus, to strengthen AI skills for youth
Business

Samsung Pakistan Launches Second Cohort of Innovation Campus, to strengthen AI skills for youth

February 21, 2026
Bank Indonesia to roll over $10.3bn in government bonds this year, authorities say - Markets
Business

Bank Indonesia to roll over $10.3bn in government bonds this year, authorities say – Markets

February 21, 2026
Sri Lankan shares end lower; post weekly gains - Markets
Business

Sri Lankan shares end lower; post weekly gains – Markets

February 20, 2026
India’s Tata Motors targets mass EV adoption with low-priced, fast-charging Punch - Business & Finance
Business

India’s Tata Motors targets mass EV adoption with low-priced, fast-charging Punch – Business & Finance

February 21, 2026

Popular Post

  • FRSHAR Mail

    FRSHAR Mail set to redefine secure communication, data privacy

    127 shares
    Share 51 Tweet 32
  • How to avoid buyer’s remorse when raising venture capital

    33 shares
    Share 337 Tweet 211
  • Microsoft to pay off cloud industry group to end EU antitrust complaint

    55 shares
    Share 22 Tweet 14
  • Capacity utilisation of Pakistan’s cement industry drops to lowest on record

    49 shares
    Share 20 Tweet 12
  • Inflation is down in Europe. But the European Central Bank is in no hurry to make more rate cuts

    48 shares
    Share 19 Tweet 12
American Dollar Exchange Rate
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Write us: info@dailythebusiness.com

© 2021 Daily The Business

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy

© 2021 Daily The Business

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.