Maharaksa Biru Energi Teams Up with China’s Tianying for $155 Million Waste-to-Energy Project in Indonesia
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JAKARTA, investortrust.id – Indonesia’s PT Maharaksa Biru Energi Tbk has partnered with Chinese environmental technology giant China Tianying Inc to develop a large-scale waste-to-energy facility in South Tangerang, Banten Province. The project, valued at Rp2.6 trillion or around $155 Million, is slated to begin construction in early 2026, offering a long-term solution to the city’s growing waste management challenges.
Through its subsidiary consortium PT Indoplas Energi Hijau, Maharaksa Biru Energi—listed under the ticker OASA—will lead the development of the Cipeucang Waste-to-Energy Processing Facility (PSEL). The project will process both new and legacy waste from the Cipeucang landfill in Serpong, currently the city’s only waste disposal site.
“The groundbreaking is expected this year. This facility is a reflection of the local government’s serious commitment to improving waste governance in South Tangerang,” said Bobby Gafur Umar, President Director of Maharaksa Biru Energi, during a press conference in Jakarta on Friday.
The facility will use Moving Grate Incinerator (MGI) technology, a high-efficiency method capable of processing up to 1,100 tons of waste per day while reducing waste volume by up to 90 percent. The system meets international green energy standards and is designed to minimize emissions and odors.
The city government of South Tangerang issued the project’s tender award decision on March 21, 2025, and the company is currently awaiting formal appointment from the city’s mayor to proceed.
“The Cipeucang landfill is no longer adequate as waste volumes continue to rise. A modern, sustainable solution is urgently needed,” Bobby added.
The new PSEL facility will process 1,000 tons of new municipal waste along with 100 tons of existing landfill waste daily, generating electricity from renewable sources in the process.
China Tianying Inc, or CNTY, is a major player in urban resource recovery and clean energy technologies. The company holds the license for the waste-to-energy technology to be applied at Cipeucang and has extensive experience in zero-carbon energy systems across Asia and beyond.
The partnership is structured under a Build-Operate-Transfer (BOT) concession agreement for a 27-year period, including a three-year construction phase. Under this model, CNTY will also play a lead role in technology deployment and operational management.
“The environmentally friendly waste-to-energy technology to be deployed in this project has been proven to process both household and other types of waste sustainably,” Bobby concluded.
With additional reporting from Antara