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
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.