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Indonesia Considers Electricity Exports to Singapore with Condition of Fair Pricing

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Indonesia is considering exporting electricity to neighboring countries, including Singapore, but only if the pricing agreements align with its government’s standards. This condition was emphasized by Bahlil Lahadalia, Indonesia’s Coordinating Minister for Energy Downstreaming and Transition, who stated that the government has already determined baseline export prices and will prioritize domestic electricity needs above all.

Lahadalia underscored that any potential electricity exports would need to offer a fair commercial value, ensuring that Indonesia’s national interests are safeguarded. This approach is part of broader regional efforts to enhance clean energy cooperation, particularly with Singapore, as discussions continue about exporting green electricity across borders.

Amid these discussions, Lahadalia urged the Danantara Investment Management Agency to resist any external pressure to lower the established prices. He made it clear that ensuring sufficient electricity supplies for Indonesia’s domestic consumption remains a critical priority.

The initiative to export electricity is seen as a step towards fostering collaboration in renewable energy within the region. However, Indonesia’s stance is firm: any agreement must reflect fair pricing that not only benefits the parties involved but also protects Indonesia’s energy security and economic interests.

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