Sarawak firm takes up 25% stake in major Indonesian hydro-electric project
Sarawak Premier Abang Johari Openg and Indonesian President Jokowi at the ground-breaking of the RM11.53 billion hydro-electric dam project at Mentarang, North Kalimantan. – The Malaysian Insight file pic, March 1, 2023.
SARAWAK Energy Bhd has taken a 25% equity in the consortium building the US$2.6 billion hydro-electric dam project at Mentarang, North Kalimantan. Two Indonesian firms, PT Adaro Energy Indonesia TBK and PT Kayan Patria Pratama have taken a 50% and 25% stake respectively. Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!
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