Advertisement
Singapore markets closed
  • Straits Times Index

    3,224.01
    -27.70 (-0.85%)
     
  • Nikkei

    40,343.97
    +175.90 (+0.44%)
     
  • Hang Seng

    16,541.42
    +148.58 (+0.91%)
     
  • FTSE 100

    7,952.62
    +20.64 (+0.26%)
     
  • Bitcoin USD

    70,418.29
    +808.74 (+1.16%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • S&P 500

    5,254.35
    +5.86 (+0.11%)
     
  • Dow

    39,807.37
    +47.29 (+0.12%)
     
  • Nasdaq

    16,379.46
    -20.06 (-0.12%)
     
  • Gold

    2,254.80
    +16.40 (+0.73%)
     
  • Crude Oil

    83.11
    -0.06 (-0.07%)
     
  • 10-Yr Bond

    4.2060
    +0.0100 (+0.24%)
     
  • FTSE Bursa Malaysia

    1,541.25
    +10.65 (+0.70%)
     
  • Jakarta Composite Index

    7,288.81
    -21.28 (-0.29%)
     
  • PSE Index

    6,903.53
    +5.36 (+0.08%)
     

ISDN Holdings To Develop 20 Megawatt Hydropower Facility In Indonesia

ISDN Holdings has received the in-principle approval to develop a 20 megawatt hydropower plant along the Rawa River in the Sigi Regency, Central Sulawesi, Indonesia.

The hydropower plant is expected to take 40 months to complete and the construction is estimated to cost US$40 million.

Based on a tariff rate of US$0.09, it is expected to generate annual revenue of approximately US$10 million, contingent on the signing of the power purchase agreement with Indonesia’s state-run power distributor, PT PLN, and its absolute purchase of the electricity produced by the hydropower plant.

The running costs are expected to hover between US$0.005 and US$0.007 per kilowatt-hour.



More From Shares Investment: