Saturday, July 26, 2025
No Result
View All Result
Indonesia Sentinel
  • Home
  • News
  • World
  • Economic
  • Culture
  • Tech & Science
  • Home
  • News
  • World
  • Economic
  • Culture
  • Tech & Science
No Result
View All Result
Indonesia Sentinel
No Result
View All Result
ADVERTISEMENT
Home Economic

Indonesia Suffers $62 Million Loss in Massive Corruption in PLTU Kalbar-1 Project

by Becky
2024-11-07
in Economic
A A
PLTU Kalbar-1

Kalimantan Barat-1 Coal-Fired Power Plant (PLTU Kalbar-1). (PT GCL Indo Tenaga)

Share on FacebookShare on TwitterShare on Whatsapp
ADVERTISEMENT

Jakarta, Indonesia Sentinel — Indonesian police have officially launched an investigation into alleged corruption tied to the construction of the Kalimantan Barat-1 Coal-Fired Power Plant (PLTU Kalbar-1) covering the 2008-2018 fiscal years. After preliminary examinations that began in February 2024, the case has escalated, with authorities gathering evidence that suggests significant financial misconduct.

According to Kombes Pol Arief Adiharsa, Deputy Director of the Corruption Investigation Unit at Indonesia’s Criminal Investigation Department (Dittipidkor), the case was advanced to investigation status on November 5, 2024, following a thorough case review.

“Based on the legal facts gathered in our initial investigation, all attendees of the case review on November 5 agreed to elevate the status from preliminary investigation to full investigation,” Arief explained.

RelatedPosts

Indonesia Pushes Electric Vehicle Transition into World-Class Industry Center

Foreign Funds Exit Indonesia as U.S. Economy Shows Strength

The corruption allegations focus on irregularities during the 2018 tender process for the PLTU Kalbar-1 project, a 2×50 MW coal-fired power plant located in Jungkat, West Kalimantan. The project, awarded to KSO BRN consortium, had a budget of USD 80 million and IDR 507 billion (approximately IDR 1.2 trillion). However, officials found that KSO BRN did not meet essential prequalification standards, including lacking the necessary experience for constructing power plants of at least 25 MW. As a result, the company subcontracted work to other firms.

ADVERTISEMENT

Following the contract signed between the Director of PT BRN (representing the consortium) and the Director of PLN, PT BRN fully transferred project execution to third-party companies, including a Chinese energy firm. By 2016, however, construction had stalled, and the facility remained inoperative, leaving the state with significant financial losses.

Indonesia’s Freeport Smelter Becomes World’s Largest Single-Line Copper Facility

An investigative audit by Indonesia’s Supreme Audit Agency (BPK) identified potential financial losses of around USD 62.41 million and IDR 323.2 billion (totaling hundreds of billions of rupiah).

“The failure of this project, initiated by third-party contractors, has left the plant incomplete and non-functional since 2016, resulting in heavy financial losses for the country,” Arief concluded.

 

(Becky)

Tags: CorruptionInvestigationKalimantanKSO BRNPLTU KalbarPLTU Kalbar-1Power Plant Project
ADVERTISEMENT

Related Posts

Indonesia Continue Negotiations with U.S., Secure 0% Import Tariffs on Several Essential Commodities

2025-07-22

Jakarta, Indonesia Sentinel -- The Indonesian government is continuing negotiations with the United States in an effort to secure zero...

Trump Tariffs

Indonesia to Buy 50 Boeing in a Deal to Avoid Trump 32% Tariffs

2025-07-22

Jakarta, Indonesia Sentinel -- Indonesia has agreed to purchase 50 Boeing aircraft from the United States as part of a...

Benchmark Interest Rate

Bank Indonesia Cuts Benchmark Interest Rate to 5,25% in July 2025

2025-07-21

Jakarta, Indonesia Sentinel -- Bank Indonesia has decided to lower its benchmark interest rate, known as the BI Rate, by...

Trump Tariff

Trump Announces 19% Tariff on Indonesian Imports, While U.S. Gains Full Access to Indonesian Resource

2025-07-17

Jakarta, Indonesia Sentinel -- U.S. President Donald Trump announced a new 19% import tariff on goods from Indonesia on Tuesday...

E-Commerce Tax

Indonesia Mandates E-Commerce Platforms to Collect Income Tax from Online Sellers

2025-07-16

Jakarta, Indonesia Sentinel -- Indonesia’s Finance Minister Sri Mulyani Indrawati has officially issued a regulation requiring e-commerce platforms to collect...

coal benchmark price

Indonesia Set July Coal Benchmark (HBA) Price at $107.35 per metric ton, Raises Nearly 9%

2025-07-15

Jakarta, Indonesia Sentinel -- Indonesia’s government has raised its coal benchmark price (Harga Batubara Acuan or HBA) for the first...

Tariff Negotiations

Indonesia to Resume Tariff Negotiations with U.S. Following 32% Reciprocal Tariff

2025-07-11

Jakarta, Indonesia Sentinel -- Indonesia is set to resume trade negotiations with the United States over the next three weeks,...

Copper Imports Tariff

Trump Proposes 50% Tariff on Copper Imports, Sending Prices to Record Highs

2025-07-11

Jakarta, Indonesia Sentinel -- President Donald Trump announced plans Tuesday to impose a 50% tariff on all copper imports into...

2026 Macroeconomic Assumptions

Indonesia Sets 2026 Macroeconomic Assumptions for Draft State Budget

2025-07-08

Jakarta, Indonesia Sentinel -- Indonesia’s government and parliament have agreed on the 2026 Macroeconomic Assumptions, which will serve as the...

Indonesia Foreign Reserves

Indonesia Foreign Reserves Rise to $152.6 Billion in June, Central Bank Reports

2025-07-08

Jakarta, Indonesia Sentinel -- Indonesia foreign exchange reserves rose slightly to $152.6 billion at the end of June 2025, according...

Load More
Next Post
budi arie

Budi Arie Responds to Calls for Accountability in Komdigi Online Gambling Case

Popular

  • Mentawai Tribe

    Mentawai Tribe Tooth Sharpening Tradition as a Symbol of Beauty, Culture, and Sacrifice

    0 shares
    Share 0 Tweet 0
  • Suku Mante, Mysterious Tribe Living in the Vast Forests of Aceh

    0 shares
    Share 0 Tweet 0
  • TikTok Shop GMV 2024 Hits $32.6 Billion, Indonesia Second Largest Contributor

    0 shares
    Share 0 Tweet 0
  • Indonesia’s Life Expectancy Rises to 74.15 Years in 2024, Statistics Agency Reports 

    0 shares
    Share 0 Tweet 0
  • Indonesia Boasts an Outstanding Number of Islands, How Many?

    0 shares
    Share 0 Tweet 0

Recommended

Reciprocal Tariffs

China Urges U.S. to Cancel 145% Reciprocal Tariffs amid Escalating Trade War

3 months ago
Mount Fuji

Mount Fuji Peak Remains Snow-Free as Winter Approaches, Raising Climate Concerns

9 months ago
ADVERTISEMENT

Indonesiasentinel.com is an independent online news portal committed to providing accurate, in-depth, and up-to-date news about Indonesia. Since 2021, we have been a trusted source for millions of readers seeking relevant and reliable news.

Part of:

Information Page

  • About
  • Editorial
  • Privacy Policy
  • Disclaimer
  • About
  • Editorial
  • Privacy Policy
  • Disclaimer

Contact

  • contact@indonesiasentinel.com
© 2021 Indonesia Sentinel

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
  • World
  • Economic
  • Culture
  • Tech & Science

© 2024 Indonesia Sentinel