WIKA

Presidential directive to build 100 GW solar power within 3 years drives massive demand for renewable energy infrastructure, requiring huge investment. This directly benefits Indonesian solar EPC players like ARKA and renewable energy companies like PGEO, as well as construction firms like WIKA involved in infrastructure. The funding need (over $100B) also benefits major banks like BBCA and BMRI that will provide project financing. The policy is expected to accelerate Indonesia's energy transition and reduce diesel use.