Citaglobal Environment exploring green energy investment in South Sulawesi

Citaglobal Berhad subsidiary PT Citaglobal Environment is exploring investment in the construction of a green energy power plant in South Sulawesi Province. The power plant is planned to utilize local raw materials such as waste, rice husks, coconut shells, and palm dregs. Citaglobal Environment also opens up opportunities for collaboration with all stakeholders, including region-owned enterprises.

"The South Sulawesi Provincial Government welcomes this investment goal. Indeed, we are making this year an investment year by supporting every [project]. It's just a matter of what the [investment] model is and where their location would be," said Acting South Sulawesi Governor Fadjry while receiving a visit from Citaglobal Environment at the South Sulawesi Governor's Office on Feb. 17, 2025.

He emphasized that the South Sulawesi Provincial Government is serious about supporting investment, especially since the Indonesian government has declared 2025 as an investment year. The investment is expected to realize electricity self-sufficiency in South Sulawesi considering the large electricity needs in its various sectors, including smelter companies.

"At least, we in South Sulawesi can already be self-sufficient in electricity. Moreover, South Sulawesi has become an international hub in eastern Indonesia. This can also support the Nusantara Capital City in the future," explained Fadjry.

Citaglobal Environment Country Director Herry Warganegara, explained that the green energy investment plan is ready in the form of technology transfer by utilizing waste and other raw materials.

"What is South Sulawesi's plan for green energy [has been studied]. Waste could be converted into electricity, leftover rice could be turned into energy. We also invite region-owned enterprises to do a joint product. They would not have to invest their capital as we would take care of every [requirement to develop the product]," he said.

Citaglobal Environment Chief Executive Officer Thye Chee How said that Citaglobal Environment has invested in various countries, including Sri Lanka, Thailand, Singapore, and Malaysia. Green energy power plants like the one it plans to build in South Sulawesi do not yet exist in Indonesia.

"We will provide the technology [for the green power plant] for Indonesia to obtain so it no longer needs to import them. We hope to be able to transfer technology by collaboration with South Sulawesi," he concluded.

Also present to accompany the Acting South Sulawesi Governor  Fadjry were South Sulawesi Energy and Mineral Resources Office Head Andi Eka Prasetya, South Sulawesi Economics and Development Administration Bureau Head Junaedi, and other South Sulawesi Provincial Government officials.