Jakarta, Oct. 26 -- Indonesia's sovereign wealth fund Danantara aims to put 15 to 16 waste-to-energy (PSEL) projects out to tender by the end of 2026, targeting initial groundbreakings in early 2027, Chief Investment Officer Pandu Sjahrir said Monday.

Speaking at the Danantara Technology Innovation Investment Forum (DTIIF) 2026, Sjahrir announced that four additional projects in the Jakarta and Tangerang regions will be opened for bidding within two weeks.

"We hope that by the end of this year 15 to 16 projects will have been tendered, and in the first quarter of next year will have reached the groundbreaking stage," Sjahrir said, adding that eight total projects are scheduled to break ground in the first quarter of 2027.

The initiativ...