PTBA And PT KCE Cooperation In PLTS Development

JAKARTA - PT Bukit Energi Investama (IDX), a subsidiary of PTBA, and PT Krakatau Chandra Energi (KCE) signed a memorandum of understanding (MOU) in the development of Solar Power Plants (PLTS), utilization of new and renewable energy (EBT) and opportunities for electric businesses and others.

President Director of PT BEI Biverli Binanga in a written statement, Saturday, February 3, said that this collaboration is one of the efforts to support the energy transition and achieve the Net Zero Emission target in 2060 set by the government.

"Through this agreement, we want to encourage business practices that have a positive impact on nature's sustainability. We also believe this cooperation can provide economic benefits," he said, quoted by Antara.

President Director of PT KCE Erri Dewi Riani said this collaboration was a real step for Chandra Asri Group's sustainable business practice through one of its subsidiaries to continue to provide infrastructure solutions for power generation, electricity and renewable energy services.

"We continue to be committed to supporting the Government's targets and running clean energy-based businesses and creating a better life in the future," he said.

Director of Business Development of PTBA Rafli Yandra said that as the parent company of PT IDX, PTBA wants to continue to contribute in maintaining national energy security. Therefore, sustainable business is a must.

"We want to present Energy Without Stopping for the country. The company is committed to continuing to take a role in maintaining national energy security while preserving the environment," he said.

"The company's expansion into the new renewable energy business is in line with the goal of the MIND ID Group," said Rafli.

PT BEI is a subsidiary of PT Bukit Asam Tbk which is engaged in investment in the energy sector, including investment in solar power development facilities/installations.

Meanwhile, PT KCE, which is engaged in power generation, electricity services, and new and renewable energy, is a subsidiary of PT Chandra Asri Pacific Tbk, the Company which is engaged in leading chemical and infrastructure solutions in Indonesia.