Exploitasi Energi to acquire five micro hydro power plants

Wednesday, June 27 2012 - 01:42 AM WIB

Indonesia-listed PT Exploitasi Energi Indonesia plans to acquire five micro hydro power generating companies as part of an expansion drive into the electricity sector, Investor Daily reported on Wednesday.

Exploitasi Energi is ready to acquire PT Pembangkit Listrik Kerambil, PT Pembangkit Listrik Induring, PT Pembangkit Listrik Muaro Sako, PT Sangsaka Hidro Barat, and PT Sangsaka Hidro Selebes.

Kerambil and Muara Sako, each develops a 1X1.4 MW hydro power plant, while Induring develops a 2X600 MW, all three in Pesisir Selatan Regency, West Sumatra. Meanwhile, Sangsaka Hidro Barat develops a 2X3.25 MW and 2X3 MW power plants in Cianjur, West Java; and Sangsaka Hidro Selebes is developing a 94.74 MW plant.(*)

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