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

American missionary abducted in Niger

The US Embassy in Niamey issued a security alert warning that American citizens “remain at a heightened risk of kidnapping throughout Niger, including in the capital city”…reports Asian Lite News An American

Ouattara predicted to win fourth term

Around 8.7 million Ivorians were registered to vote, though analysts had predicted a lower turnout compared with the last two elections, when participation slightly exceeded 50%…reports Asian Lite News Votes were being

Russia Fires at EU

Zakharova called the sanctions package “illegal” and “self-destructive”, while accusing Brussels of isolating itself on the international stage…reports Asian Lite News Russia’s Foreign Ministry Spokeswoman Maria Zakharova has slammed the European Union’s

Mamdani Hits Back at Racism

Mamdani criticised rivals for spreading “hatred,” saying their Islamophobia harms him and nearly one million Muslims in New York….reports Asian Lite News New York City mayoral candidate Zohran Mamdani on Friday delivered
Go toTop

Don't Miss

UAE, Indonesia ink deals to bolster ties

His Highness Sheikh Mohamed and President Joko Widodo reaffirmed their

Malaysia, Indonesia eye expansion of trade

Within the Association of Southeast Asian Nations, Indonesia is Malaysia’s