This is a List of Companies Owning New Coal-Fired Power Plant Projects in Indonesia

According to Global Energy Monitor data, as of 2023, there are 53 coal-fired power plants (PLTU) under construction in Indonesia, with a total capacity of 14.49 gigawatts (GW).

The largest project is controlled by PT Gunbuster Nickel Industri (GNI), which has 11 coal-fired power plants under construction in Central Sulawesi, with a total capacity of 2.16 GW.

PT GNI is a company engaged in nickel smelting, with a factory operating in North Morowali Regency, Central Sulawesi.

PT GNI is also a subsidiary of Jiangsu Delong Nickel Industry Co., Ltd., a nickel smelter corporation from China.

The next largest new coal-fired power plant project is jointly owned by PT PLN (Persero) and PT Barito Pacific Tbk (BRPT).

PLN and BRPT have 2 coal-fired power plants under construction in Banten, with a total capacity of 2 GW. In this project, PLN holds a 51% ownership stake, while BRPT holds 49%.

Outside of this joint venture, PLN also has 10 coal-fired power plants under construction spread across Banten, West Nusa Tenggara, East Nusa Tenggara, South Sulawesi, Central Sulawesi, and North Sulawesi, with a total capacity of 0.82 GW.

The following is a complete list of companies owning coal-fired power plants under construction in Indonesia, according to Global Energy Monitor data from July 2023:

* PT Gunbuster Nickel Industry: 2.16 GW
* PT PLN (Persero) and PT Barito Pacific Tbk: 2 GW
* PT Sulawesi Mining Investment: 1.52 GW
* PT Huadian Bukit Asam Power: 1.2 GW
* PT Indonesia Weda Bay Industrial Park: 1.14 GW
* PT Cirebon Electric Power: 0.92 GW
* PT PLN (Persero): 0.82 GW
* PT Angel Nickel Industry: 0.76 GW
* China Shenhua Energy Co Ltd; Lion Power: 0.6 GW
* PT Meulaboh Power Generation: 0.4 GW
* Indonesia Huaqing Aluminum Co: 0.38 GW
* Indonesia Zhaohui Ferro Nickel Co Ltd: 0.38 GW
* PT Sunny Metal Industry: 0.38 GW
* PT Halmahera Persada Lygend: 0.36 GW
* LSI: 0.35 GW
* PT Walsin Nickel Industrial Indonesia: 0.35 GW
* PT Mabar Elektrindo: 0.3 GW
* Huayue Nickel Cobalt: 0.25 GW
* Banjarmasin-B Project: 0.2 GW
* PT Bintan Alumina Indonesia: 0.03 GW

According to Global Energy Monitor, most of the coal-fired power plants under construction in Indonesia are exclusively for supplying energy needs to industries such as aluminum, cobalt, and nickel processing industries related to the battery and electric vehicle supply chain.

Global Energy Monitor criticizes this, as it potentially hinders Indonesia's commitment to reducing carbon emissions as outlined in the Paris Agreement.

"Industrial areas are national strategic projects for Indonesia. However, the lack of sustainable planning to supply electricity for these projects can be a challenge to Indonesia's net-zero carbon ambitions," said Global Energy Monitor in its Boom and Bust Coal 2023 report.