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

Pakistan on the Brink: War, Weakness, Woes

The reason behind growing anxiety and consternation in Islamabad is the depleting reserves of its military’s artillery and ammunition and also a ruined economy…reports Asian Lite News As the tensions between India

UAE Reopens Doors to Lebanon

The prime minister expressed Lebanon’s “utmost gratitude and appreciation to the UAE” and President Sheikh Mohamed bin Zayed Al Nahyan….reports Asian Lite News Lebanon welcomed the decision by the United Arab Emirates

Over 45,000 affected by Somalia flash floods 

The Horn of Africa is one of the regions most vulnerable to climate change, and extreme weather events are becoming increasingly frequent and intense  More than 45,000 people have been affected by

UNSC Convenes Over India-Pak Crisis

Pakistan is currently an elected member of the Council and will participate in the meeting….reports Asian Lite News The United Nations Security Council (UNSC) will be holding a closed-door meeting on Monday

Trump Declares Trade War on Foreign Films

He accused other countries of offering all sorts of incentives and drawing filmmakers and studios away from the US….reports Asian Lite News US President Donald Trump on Monday (Indian time) announced a
Go toTop

Don't Miss

Modi to attend G20 summit in Indonesia

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

Indonesia seeks to emulate India’s healthcare model

The delegates were in India to participate at the G20