PT Ikhwan Mega Power, Indonesia
PT Ikhwan Mega Power
Location: Kecamatan Lintau Buo Utara, Kabupaten Tanah Datar, West Sumatera Province, Indonesia
Utility Division subsidiary, PT. Ikhwan Mega Power (PT IMP), achieved another significant milestone with the commencement of commercial operations for its second 4.5MW run-of-river hydro unit. This unit was successfully synchronised with the Perusahaan Listrik Negara (PT PLN), an Indonesian state-owned utility company distribution grid on 27 September 2023, following the official commercial operation date (COD) of the first unit on 7 July 2023.
The 9MW mini hydropower plant located in Kecamatan Lintau Buo Utara, Kabupaten Tanah Datar, West Sumatera Province, is now generating recurring revenue stream to the division, under a 15 years concession period.