Ministry Of Energy And Mineral Resources Asks For IDR 50 Billion For The Downstreaming Task Force

Illustration. (Photo: Doc. Antara)

JAKARTA - The Ministry of Energy and Mineral Resources (ESDM) has proposed a budget of IDR 50 billion for the Task Force for the Acceleration of National Downstream and Energy Resilience for 2026.

Just so you know, the government has formed this task force chaired by the Minister of Energy and Mineral Resources Bahlil Lahadalia in 2024.

This budget is much larger than the 2025 budget of IDR 38 billion.

"The budget here is IDR 50 billion, this year it is budgeted if I'm not mistaken the figure is IDR 38 billion," explained Secretary General of the Ministry of Energy and Mineral Resources Dadan Kusdiana at a Hearing Meeting (RDP) with Commission XII DPR RI, Wednesday, September 3.

He explained that the Rp50 billion budget was included in the priority expenditure of the Ministry of Energy and Mineral Resources for 2026. Thus, this budget will be allocated to support every activity of the National Energy Downstream and Resilience Acceleration Task Force.

"Other priority spending at the Ministry of Energy and Mineral Resources is the Task Force for the Acceleration of Downstreaming and National Energy Resilience, the chairman is the Minister of Energy and Mineral Resources," explained Dadan.

Previously, this Task Force had officially submitted the Pre-Study Feasibility document to the Anagata Nusantara Investment Management Agency (Danantara Indonesia) as a concrete step to accelerate the national downstream agenda on July 22.

In his remarks, Minister Bahlil said that the Downstream Task Force submitted 18 pre-feasibility study (pre-FS) documents for downstream projects with a total investment value of USD38.63 billion or equivalent to Rp618.13 trillion.

"Of the 18 projects, 8 downstream projects in the mineral and coal sectors, 2 projects on energy transition, 2 energy security projects, 3 agricultural downstream projects and 3 marine and fishery downstream projects. This is outside the special car battery ecosystem that we will build ," Bahlil explained.

He emphasized that the investment value in the downstream project will create hundreds of thousands of jobs. The downstream project will also create an even distribution of national economic growth.

"It (the downstream project) will create a good job with a decent wage. No longer wages, sorry, no longer UMR wages (Regional Minimum wages). And this is an instrument of penetration in order to provide justice in regional economic growth," he said.