JAKARTA - The Ministry of Energy and Mineral Resources (ESDM) is still negotiating with Singapore regarding green electricity exports.
According to ESDM Minister Bahlil Lahadalia, these negotiations are almost complete and will be announced in the near future.
"In a short time, soon there will be signs of light for the agreement to begin," said Bahlil, quoted on Tuesday, May 27.
He added that Indonesia should cooperate and help each other with neighboring countries, including this white lion country. However, he emphasized that electricity exports to Singapore must also be accompanied by benefits that will be obtained by Indonesia from this cooperation.
Bahlil emphasized that Indonesia openly wants to export electricity but there must be an attractive offer from Singapore.
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"This is a state matter. So if other countries want to share with us, then put down the agreement. What do you give. If he is okay, we have considered it wise, so we give it," he said.
Previously, Singapore announced that it would increase the low-carbon electricity import quota from Indonesia from 2 gigawatts (GW) to 3.4 GW to support renewable energy needs in the future.
The Minister of Manpower and the Second Minister of Trade and Industry of Singapore, Tan See Leng, at the Indonesia International Sustainability Forum 2024 event in Jakarta, Thursday, said that Singapore had previously given conditional approval (conditional approval) to five Indonesian companies to import low-carbon electricity of 2 GW.
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