Gadang eyes more mini hydropower projects in Indonesia

By Liz Lee

KUALA LUMPUR: Gadang Holdings Bhd is exploring more mini hydropower supply concessions in Indonesia after it made its foray into the sector with the recent purchase of stakes in two companies.

Its 60% owned PT Ikhwan Mega Power, has secured a power purchase agreement (PPA) with PT Perusahaan Listrik Negara, a state-owned power supply company in Indonesia.

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Gadang Holdings , PT Ikhwan Mega Power , PT Perusahaan Listrik Negara , Gadang’s engineering division head Khew Check Kiet , PT Hidronusa Rawan Energi

   

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