UTILITY
Utility is envisaged by Gadang to be a sector with good potential for development and long term growth.
In 2005, Gadang, through Asian Utilities Pte Ltd (“AUPL”) acquired its first water concession in Sidoarjo, East Jawa, Indonesia. To date, AUPL owns one mini-hydro power concession and three water concession in Indonesia with a total water production of 1,050 litre/second.
Moving forward, the division actively seeks business opportunities and expansion in water business and power generation within Asia region by exploring and inspiring potential in partnership and engagement.The division will also focus on quality improvement to strive for its valued customer satisfaction.
PT Ikhwan Mega Power
Location: Kecamatan Lintau Buo Utara, Kabupaten Tanah Datar, West Sumatera Province, Indonesia
Description:The 9 Megawatt Mini Hydro Power Plant (MHPP) known as PLTM Lintau-1 under PT. Ikhwan Mega Power (PT IMP) is 60% owned by Regional Utilities Sdn Bhd (RUSB) through its wholly owned subsidiaries, Asian Utilities Private & Limited (AUPL).
The 2 x 4.5 Megawatt run-of-river designed Mini Hydro Power Plant is being developed under Build, Operate and Own (BOO) concept based on 15 years concessionaire Power Purchase Agreement (PPA) signed between PT IMP and Perusahaan Listrik Negara (PT PLN), an Indonesian state-owned utility company.
The MHPP construction progress now exceeding 73% completion and should be completed, commission and in operation within Financial Year 2020.