How are NRE-based power plants’ prospects amid energy transition?
20 Feb 2025 13:33
Renewable-energy-forward issuers seem to carry great prospects due to energy transition program.
Arkora Hydro (ARKO) establishes new subsidiary
19 Feb 2025 17:07
Astra Group's EBT company, Arkora Hydro (ARKO), forms a new subsidiary. See the invested amount.
Working on hydropower plant, ARKO secures loan facility of IDR 23 billion from SMI
20 Aug 2024 10:28
PT Arkora Hydro Tbk (ARKO), a holding company engaged in the renewable energy sector, has obtained a loan facility worth IDR 223 billion for the establishment of Tomoni Hydropower Plant.
Arkora Hydro to channel loans of IDR 50 billion to subsidiary
20 Jun 2024 18:03
PT Arkora Hydro Tbk (AKRO) has signed a shareholder loan with one of its subsidiaries, PT Arkora Ekon Indonesia (AEKON), with credit ceiling maxed out to IDR 50 billion.
Arkora Hydro to sign loan agreement worth IDR 20 billion
18 Apr 2024 17:10
PT Arkora Hydro Tbk (ARKO), a power plant company, has signed a loan facility agreement with one of its subsidiaries, PT Nosu Hydro.
ARKO’s net profit dropped 25.79%
08 Mar 2024 13:07
Throughout 2023, the profit of PT Arkora Hydro Tbk (ARKO) declined 25.79% year-on-year (yoy) to IDR 39.10 billion from IDR 52.66 billion in 2022, the year in which ARKO debuted in the board.
Arkora Hydro to put in investment of IDR 2.5 billion to new subsidiary
16 Feb 2024 10:57
PT Arkora Hydro Tbk (ARKO), a renewable energy company established circa 2020, has invested IDR 2.5 billion to form a new subsidiary called PT Arkora Energi Mandiri (AEM).
Working on PLN project, Arkora Hydro to grant IDR 75 billion to subsidiary
21 Dec 2023 10:55
PT Arkora Hydro Tbk (ARKO), has channelled a loan to one of its subsidiaries, PT Arkora Hydro Malili (AHM), which has won the tender offer from PT PLN (Persero) for Sulbangsel Micro-Hydropowerplant (PLTMH Sulbagsel).
Arkora Hydro introduces new subsidiary in Kalimantan, investing IDR 5 billion
13 Nov 2023 08:41
PT Arkora Hydro Tbk (ARKO), a power plant company, has established a new subsidiary called PT Arkora Hydro Kalimantan (AHK).
Arkora Hydro to acquire IDR 125 billion loan from UNTR
30 Mar 2023 05:25
PT Arkora Hydro Tbk (ARKO) has secured a loan facility worth IDR 125 billion from PT United Tractors Tbk (UNTR) for refinancing, investment, and working capital.