December 4, 2022
1 min read

Indonesia looks for investors to build nuclear plant

Indonesia’s plan to establish a nuclear power plant has been stipulated under a government regulation on the operation of risky businesses…reports Asian Lite News

Indonesia aims to develop a nuclear power plant in 2039 to achieve net zero emissions and support domestic needs for energy, the country’s Nuclear Energy Regulatory Agency (BAPETEN) said on Sunday.

The agency’s Director for Nuclear Installation and Material Control, Haendra Subekti, said in a statement that to realise the target, Indonesia is currently looking for investors to help finance the plant’s construction, Xinhua news agency reported.

“We have drafted the regulations on the nuclear infrastructure safety, preparing the location for the plant and formulating the trial operation. All of these have been nearly completed,” Subekti said, adding that the location of the nuclear power plant will not be in earthquake-prone areas.

“For now, there have been a few private companies that are willing to invest, but we’re expecting more investors to come,” he said.

Indonesia’s plan to establish a nuclear power plant has been stipulated under a government regulation on the operation of risky businesses. The plant aims to provide new and renewable energy for the Southeast Asian country so that it can reach its zero emissions target.

ALSO READ: India and Indonesia launch campaign to foster moderate Islam

Previous Story

Lanka to introduce mobile app for tourist safety

Next Story

Imran’s Bajwa-bashing continues

Latest from -Top News

South Africa to host Zelenskyy in April

South Africa has adopted a neutral position in the war and has attempted to act as a mediator between the sides, although with limited success Ukrainian President Volodymyr Zelenskyy will visit South

Hezbollah Draws the Line

Hezbollah top official emphasised Hezbollah’s continued role in political and military affairs, asserting that “resistance” will persist as long as Israeli threats remain Hezbollah Secretary General Naim Qassem reiterated the group’s unwavering

Child Marriage Still Plagues Bangladesh

The UNICEF report highlights that Bangladesh has the highest rate of child marriage in Asia, with over 50 per cent of girls being married off before the age of 18 A recent

UK appoints special envoy for women 

The UK government’s Plan for Change, which forms the foundation of this initiative, is designed to foster a strong economy by creating opportunities for working women   In a landmark move aimed
Go toTop

Don't Miss

UAE, Indonesia ink deals to bolster ties

His Highness Sheikh Mohamed and President Joko Widodo reaffirmed their

Modi to attend G20 summit in Indonesia

During the Bali Summit, G-20 leaders will deliberate extensively upon