ITMG is holding USD 871 million in cash with no significant debt, sparking speculation about its next strategic move. In 2022, ITMG successfully recorded the largest net profit in the Company’s history, amounting to USD 1.2 billion. That year, ITMG decided that the amount of dividends distributed would continue to follow the payout ratio policy […]
ITMG Strong Cash Position, Ready for Major Expansion? Read More »
On January 16, 2024, PT PLN (Persero) announced plans to soon begin operating Indonesia’s first Hydrogen Refueling Station (HRS), located in Senayan, Jakarta. The facility is being developed by PLN’s subholding, PLN Indonesia Power, and is targeted for completion in February 2024. Earlier, on November 20, 2023, PLN inaugurated 21 Green Hydrogen Plant (GHP) units
Green Hydrogen Development Initiatives in Indonesia Read More »
TGRA has aspired to become a clean energy Indepedent Power Producer (IPP) since 2008, yet to this day not a single project has been completed. Is it really that difficult? PT Terregra Asia Energy Tbk (TGRA) is a company operating in the electricity sector and has been in business since 1995. In August 2023, TGRA