ADHI – Secured IDR701.1 bn contract for building PLTMG

ADHI – Secured IDR701.1 bn contract for building PLTMG Adhi Karya (ADHI) secured contracts worth IDR701.1 bn for building Gas Engine Power Plants (PLTMG) in Sumbawa, West Nusa Tenggara, and Tobelo, North Maluku, owned by PLN. These contracts involve partnerships with Korea Electric Power Corporation Engineering & Construction Company (KEPCO). In the Tobelo project, ADHI holds 52.8%, and in Sumbawa, 50.1%. Construction for PLTMG 30 MW projects begins by the end of 2023, aligning with the Ministry's directive to shift from coal to gas-based power plants for environmental sustainability and reduced CO2 emissions. (Source: Investor daily)