JAKARTA - PT Green Power Battery (GPB), a subsidiary of PT Green Power Group Tbk (LABA), has secured a contract to procure electric vehicle battery packs worth a total of IDR 139 billion from PT Gotion Indonesia Materials (GIM).

In an information disclosure quoted Monday (23/9), William Ong, President Director of LABA, said that GPB has signed two Cooperation contracts with GIM for the procurement of battery packs. "The battery packs will be handed over to GIM after the agreement is effective," he said.

The agreement includes; supplying 6,080 sets of electric motorcycle batteries worth IDR 21 billion and supplying 31,080 sets of electric motorcycle battery packs worth IDR 118 billion. (LK/LM)