Brazilian Company Gandeng PLN Wants To Build Hydropower Plant In Indonesia

Cooperation (Photo: unsplash)

PT PLN (Persero) officially signed a memorandum of understanding related to a study on the development of a Hydroelectric Power Plant (PLTA) with a multi-business investment company from Brazil, J&F S.A.

The signing was witnessed directly by the President of the Republic of Indonesia, Prabowo Subianto and the President of Brazil, Luiz Inbowo Lula da Silva in Jakarta.

President Prabowo said the bilateral meeting this time took place intensively and productively. The two leaders agreed to continue to strengthen relations in various sectors, ranging from trade, energy, technology, agriculture, to defense.

"We already have a defense cooperation agreement with Brazil and this is in the context of ratification. Earlier I said that in the energy sector we also agreed, and we signed a significant agreement in the energy sector between PLN and the private sector. In the field of science and research we have also carried out cooperation," Prabowo said, quoted Friday, October 24.

Meanwhile, the President of Brazil, Luiz Inrypto Lula da Silva, emphasized that Indonesia and Brazil have many similarities as two major democracies in the southern hemisphere of the world whose economies are growing rapidly and oriented towards social justice.

Therefore, both of them bear a shared responsibility to strengthen sustainable economic, trade, and technological collaboration.

"I come here with high hopes of renewing our strategic partnership, establishing new agreements, not only bilateral trade, but also investing in new things such as artificial intelligence, data centralization, deepening our scientific and technological relationships, improving relations between our universalities, and most importantly, having a balanced trade policy between the two. This policy must be mutually beneficial, "said President Lula da Silva.

PLN President Director, Darmawan Prasodjo explained, this collaboration has a strategic meaning in the midst of Indonesia's efforts to increase the use of the great potential for water energy. In the 2025 '2034 Electric Power Supply Business Plan (RUPTL), the Government is targeting to increase the capacity of hydroelectric power plants by 11.7 gigawatts (GW) in the next decade.

"We are optimistic that this collaboration will be an enabler for accelerating the development of hydropower in the country. Through this collaboration, we not only share knowledge and technology, but also carry out a shared responsibility to bring the future of green, sustainable energy, and bring benefits to future generations," he concluded.