Indonesia open to electricity exports at right price: minister

Jakarta (ANTARA) - Indonesia remains open to cross-border electricity exports—including prospective green energy supplies to Singapore—provided purchasing nations meet government-mandated pricing terms, Coordinating Minister for Energy Downstreaming and Transition Bahlil Lahadalia said Monday.

Speaking at the Presidential Palace in Jakarta, Lahadalia cautioned that exports will only proceed if commercial rates deliver fair value, asserting that domestic power requirements take precedence.

"As long as the price is right, follow our prices, that is possible. But if the price is not right, we will prioritize domestic needs," Lahadalia told reporters, adding that the Ministry of Energy and Mineral Resources has already calculated baseline export prices.

The minister warned the Danantara Investment Management Agency—tasked by President Prabowo Subianto with implementing cross-border energy trade with Singapore—against succumbing to foreign lobbying for discounted rates.

"I ask that Danantara not be lobbied, to follow suit so that prices can go down," Lahadalia said, underscoring that national energy sovereignty dictates trade policy.

Bilateral discussions regarding green electricity exports to Singapore have served as a key pillar for regional energy transition frameworks since mid-2026.

However, Indonesian officials reaffirmed that final implementation remains contingent on concluding balanced pricing agreements while guaranteeing sufficient power for domestic consumption.

Translator: Fathur Rochman, Maria Cicilia Galuh, Yashinta Difa
Editor: Aditya Eko Sigit Wicaksono
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