EI acquired RPSL, Siantan Biomass Power Plant (PLTBm), West Kalimantan

EI acquired RPSL, Siantan Biomass Power Plant (PLTBm), West Kalimantan

16 August 2018
Author: Administrator

To expand the portofolio of the energy sector, the company through EI, its subsidiary in the energy sector acquired 80% of the shares of PT Rezeki Perkasa Sejahtera Lestari (RPSL) on August 16 2018.
RPSL is an Independent Power Producer (IPP) for Siantan Biomass Power Plan in Mempawah, Kalimantan with the capacity of 15 MegaWatt.
 
RPSL has been operating for a a few months with the Commercial Operating Date (COD) on April 23, 2018 and with the agreed capacity with PLN (State-Owned Electricity Company) of 10 MegaWatt. This PLTBm is expected to support PLN in maintaining mixed energy and a decrease in dependence on fossil fuels. This acquisition is a business strategy taken by the company to develop its portfolio in the Green and Renewable Energy sector.

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