PLN, Australia sign energy transition MoU on Java-Bali grid
The two sides are exploring Export Finance Australia funding for a project to reinforce the East Java-Bali power grid.
PT PLN (Persero) signed a memorandum of understanding with the Government of Australia to expand cooperation on energy transition, technology, human resource development, financing and investment. The agreement on Thursday, 29 October 2026, is aimed at strengthening national electricity infrastructure and supporting the net zero emissions 2060 target. One follow-up is exploring financing support from Export Finance Australia for the Eastern Java & Bali Grid Strengthening project to improve supply reliability in East Java and Bali. PLN is also opening technical cooperation with CSIRO and the Department of Climate, Environment and Water on grid flexibility, Battery Energy Storage System and power plant operations so renewable energy can enter the system more easily. Together with the Department of Foreign Affairs and Trade, PLN is also running a program to strengthen system resilience to climate risks.