arrow-icon
Back to Agenda

Video: Not Trump, Power Plant CEO Reveals the "Obstacles" Holding Back Indonesia's NRE Sector

May 6, 2025

Jakarta, CNBC Indonesia – President Director of PT Arkora Hydro Tbk (ARKO), Aldo Artoko, is optimistic about the development of New and Renewable Energy (NRE) power plants in Indonesia, in line with the Government's commitment to accelerating the energy transition toward Net Zero Emission 2060.

Aldo stated that NRE plays a crucial role in maintaining national energy security amid the threat of a global energy crisis. ARKO currently has a total contracted capacity of 42.8 MW, with a target to grow by 50-60% in 2025, and a power plant development pipeline of over 200 MW.

In pursuit of its business targets, ARKO continues to seek qualified human resources and talent in the NRE sector to support the achievement of its business goals. For a full discussion on ARKO's business development direction, watch the dialogue between Bramudya Prabowo and President Director of PT Arkora Hydro Tbk (ARKO), Aldo Artoko on Squawk Box, CNBC Indonesia (Tuesday, 06/05/2025).

Source: CNBC Indonesia