Indonesia holds off on Asean power grid deal until terms are ‘win-win’
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Indonesia has yet to sign an agreement related to the Asean Power Grid (APG), saying it is prepared to do so once the terms are considered mutually beneficial and fair to all sides.
Energy and Mineral Resources Minister Bahlil Lahadalia said the matter was discussed with his Malaysian counterpart recently, including Indonesia’s participation in the regional power grid initiative and the terms involved.
“Malaysia’s energy minister spoke to me yesterday about how we can implement the Asean Power Grid. They said Indonesia is the only one that has yet to sign, that is true, I have not signed because by my calculation it is not yet win-win.
“If it is already win-win, I will sign. Win-win means you benefit and we benefit too, and the benefits must be fair. It cannot be that you get 70 and we get 30. That is not win-win,” he said in his speech at the Electricity Connect 2026 here on Tuesday.
According to the Asean Secretariat, the APG, first proposed by Asean leaders in 1997, seeks to connect the electricity systems of member states and facilitate cross-border power trade, with Asean energy ministers endorsing an enhanced Memorandum of Understanding in 2025 to strengthen regional electricity connectivity.
Source: Wikipedia