The Ministry Of BUMN Targets IBC Can Produce Batteries Up To 140 GWh By 2030

JAKARTA - The Ministry of State-Owned Enterprises (BUMN) targets battery production for electric cars to reach 140 giga watt hour (GWh). This capacity is projected to be realized in 2030. Deputy Minister of BUMN Pahala Nugraha Mansury said 50 of them could be exported abroad.

The rest, according to Pahala, will be used by the Indonesia Battery Corporation (IBC) to produce electric vehicles in the country.

"Indonesia wants the battery capacity to be around 140 GW hour in 2030. We will export the 50 GW hour from the production of this battery cell, the rest can be used by the battery industry, which will produce electric vehicles (EV) in Indonesia," he said, Friday. , March 26.

In the first stage, his party targets to be able to produce between 10 GWh and 30 GWh. Unfortunately, he has not clearly explained the plan to establish a battery factory and the intended first phase production.

Pahala said, not in the future, Antam will start a study with potential partners for mining development. Then, continued to smelter development.

For the production of electric vehicles in Indonesia, said Pahala, the Ministry of BUMN believes that IBC is capable of producing 10 million two-wheeled vehicles. While four wheels are over 2 million. This production can be realized in 2030.

The BUMN Ministry noted that the investment value needed for the Indonesian electric vehicle battery industry is US $ 17 billion, or the equivalent of Rp. 238 trillion (exchange rate of Rp. 14,000 per US dollar).

Pahala said the IBC does not only manage one electric vehicle manufacturing plant. However, it is integrated from mining, smelting, then production of precursors, to battery packs.

"So it's not just building one factory, but Indonesia has the mining, the smelting, then the production of precursors, battery packs, we even said that we also want energy storage stabilizers and recycling. The investment required can be up to 17 billion US dollars. , "he said.

For your information, IBC is a state-owned consortium formed to develop an integrated ecosystem for the electric vehicle battery industry from upstream to downstream. This consortium was recently inaugurated by BUMN Minister Erick Thohir.

This holding consists of PT Indonesia Asahan Aluminum (Persero) or MIND ID, PT Aneka Tambang (Persero) Tbk or Antam, PT Pertamina (Persero), and PT Perusahaan Listrik Negara (Persero) aka PLN. Later, each company will have a 25 percent stake.

The electric vehicle manufacturing plant will be designed in an integrated manner, starting from mining, smelting, then production of precursors, to battery packs, until the electric vehicle ecosystem is really running.