ISDN Holdings, the integrated solutions provider for diverse industries, is jointly developing the 9.7MW Datara mini-hydropower plant (MHPP) with the regional government in South Sulawesi, Indonesia.
The Datara MHPP is estimated to cost US$20 million ($27 million) to build. The project will be funded by a combination of debt and equity financing.
Based on the new upwardly revised tariff rate of Rp 1,290 or 9.7 US cents, the plant is expected to generate annual revenue of US$5.3 million.
The running costs are expected to hover between 0.5 and 0.7 US cents per Kwh.
ISDN will own 49% of the JV entity through its Indonesian subsidiary, PT SDM, while the district government will own 20%, through its holding company Gowa Perusda. The remaining 31% will be owned by local business partner PT Bukit Lau.
ISDN says PT SDM will offer support in the form of financing and developing the infrastructure of the plant while the Gowa government will assist in the necessary land acquisition as well as the acquisition of the required land and environmental permits.
The project is expected to take 18 to 24 months to complete.
ISDN closed 0.5 cents higher at 23.5 cents.
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The Datara MHPP is estimated to cost US$20 million ($27 million) to build. The project will be funded by a combination of debt and equity financing.
Based on the new upwardly revised tariff rate of Rp 1,290 or 9.7 US cents, the plant is expected to generate annual revenue of US$5.3 million.
The running costs are expected to hover between 0.5 and 0.7 US cents per Kwh.
ISDN will own 49% of the JV entity through its Indonesian subsidiary, PT SDM, while the district government will own 20%, through its holding company Gowa Perusda. The remaining 31% will be owned by local business partner PT Bukit Lau.
ISDN says PT SDM will offer support in the form of financing and developing the infrastructure of the plant while the Gowa government will assist in the necessary land acquisition as well as the acquisition of the required land and environmental permits.
The project is expected to take 18 to 24 months to complete.
ISDN closed 0.5 cents higher at 23.5 cents.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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