Pelayaran Nelly enters power generation business

Saturday, October 17 2015 - 04:29 AM WIB

By Romel S. Gurky

IDX-listed PT Pelayaran Nelly Dwi Putri Tbk, which is engaged in shipping industry, announced Friday that it had on October 7 set up a new subsidiary called PT Nelly Energi Lestarindo.

The company said in a statement that Nelly Energi will be engaged in power generation business.

Nelly Energi is 99 percent owned by Pelayaran Nelly, and the remaining 1 percent by PT Wahana Lestari Makmur Inderlaya.

Editing by Reiner Simanjuntak

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