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View all search resultsDanantara taps Chinese firms to roll out waste-to-energy projects
The fund has picked Wangneng Environment Co., Ltd. to operate a plant in Bekasi, West Java, while Zhejiang Weiming Environment Protection Co., Ltd. will operate a plant in Denpasar, Bali.
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White storks fly away on April 14, 2025, from a heavy machine at the TPAS Puuwatu landfill in Kendari, Southeast Sulawesi. The Kendari Environment and Forestry Ministry has recorded that as of the first quarter of 2025, the volume of trash produced in the city reached 243 tonnes per day, an increase from the 210 tonnes per day recorded in the same period of last year. (Antara/Andry Denisah)
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tate asset fund Danantara has selected two Chinese companies as operating partners for the first phase of its waste-to-energy (WtE) projects.
In a statement on Friday, the fund said that Wangneng Environment Co., Ltd. has been chosen to operate a plant in Bekasi, West Java, while Zhejiang Weiming Environment Protection Co., Ltd. will operate a plant in Denpasar, Bali.
The decision followed “a comprehensive and disciplined partner selection process that attracted experienced international companies and involved rigorous evaluation,” it said.
Danantara also noted the selections were pursuant to the Presidential Regulation (Perpres) No. 109/2025 on urban waste management through WtE program and formed part of its broader push aimed to address waste challenges by strengthening municipal waste management, reduce reliance on landfill disposal and support sustainable energy generation.
Under the said Perpres, the agency is authorized to shortlist developers, structure project ownership with local administrations or private firms and oversee all operations, ranging from plant construction to the sale of electricity to state utility PLN.
Danantara required the selected companies to form a consortium with local partners to ensure technology transfer, as well as to enhance collaboration with local administrations.
“Danantara also emphasizes strong upstream governance, including a selection process that is transparent and grounded in risk mitigation,” reads the statement.
