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Thermax, Jababeka eye cooperation in industrial estate development
Indian ambassador to Indonesia Sandeep Chakravorty said the two countries could work together in the energy transition. This included, he claimed, finding ways to process coal, which the two countries are heavily reliant on, into cleaner energy.
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(Left to right) Energy and Mineral Resources Ministry geothermal director Gigih Udi Atmo, Thermax CEO Ashish Bhandari, Jababeka founder and chairman SD Darmono and Indian Ambassador to Indonesia Sandeep Chakravorty participate in a panel discussion at the Thermax Roadshow in Jakarta on Feb. 18, 2025. (Indian Embassy in Jakarta/-)
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ndian boiler company Thermax Global has shown interest in working with publicly listed local developer Kawasan Industri Jababeka in developing industrial estates in Indonesia.
Thermax CEO Ashish Bhandari said on Feb. 18 that the company planned to introduce technologies that could support Indonesian enterprises in energy efficiency and decarbonization.
“We want to help Indonesian firms to reduce their carbon footprints,” Ashish said during a discussion in Jakarta titled “Energy Transition in Indonesia: Balancing Growth, Sustainability, and Accessibility”.
Setyono Djuandi Darmono, Jababeka’s founder and chairman, said at the same event that the company planned to develop 100 industrial estates across the country in the coming years.
Some were already in process, he said, adding that the key lay in building high-quality infrastructure that was not harmful to the environment.
“We have [memorandums of understanding] with several regents to build industrial estates in various regions. We hope our cooperation with Thermax can help speed that up,” Darmono said.
Indian ambassador to Indonesia Sandeep Chakravorty added that the two countries could work together in the energy transition. This included, he claimed, finding ways to process coal, which the two countries are heavily reliant on, into cleaner energy.
