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.
TBS Energi Utama to divest PLTU of 200 MW for USD 144.8 million
08 Oct 2024 09:38
PT TBS Energi Utama Tbk (TOBA) has divested its asset in the form of steam power plant (PLTU) with total capacity of 200 MW operated by two of its subsidiaries, PT Minahasa Cahaya Lestari (MCL) and PT Gorontalo Listrik Perdana (GLP).
Enhancing power plant business, ITMA to acquire 3 PLTU
02 Apr 2024 14:09
PT Sumber Energi Andalan Tbk (ITMA), a mining and energy company, previously known as Itama Ranoraya, has acquired 25% of PT Oksigen Natural Esa (ONE) from 1st Finansial Company Limited (FFCL).
Securing IDR 1.2 trillion contract with PLN, KEEN to work on PLTM Salu Noling
27 Dec 2023 15:55
PT Kencana Energi Lestari Tbk (KEEN) has signed a Power Sale and Purchase Agreement (PSPA) with PT Perusahaan Listrik Negara (Persero), or PLN, in relation to their plan to build and manage the operation of PLTM Salu Noling.
Adhi Karya obtains 2 new contracts worth IDR 701.1 billion
14 Nov 2023 12:56
PT Adhi Karya (Persero) Tbk (ADHI) has signed 2 new contracts for the construction of a Gas Engine Power Plant (PLTMG) in Sumbawa, West Nusa Tenggara and Tobelo, North Maluku.
TOBA enters renewable energy business partnership with Adaro and Medco Power
17 Mar 2023 20:59
PT Energi Baru TBS (EBT), a subsidiary of PT TBS Energi Utama Tbk (TOBA), has signed a memorandum of understanding with PT Adaro Clean Energy Indonesia (ACEI) and PT Medco Power Indonesia (MPI) for the development of renewable energy.