Green Global Venture
PLN and local partner signed together as corperative partner in renewable energy for Indonesia
On September 2016, GGV and PT PLN Persero officially teamed up by signing the Power Purchase Agreement (PPA) on a Solar Panel Project (PLTS) of 2x1 MW in Nusa Tenggara Timur (NTT).
The signature of this agreement was made in the Office of PLN Region in Kupang by the General Manager of PLN Region of NTT, Richard Safkaur, and the Main Director from the GGV Indonesian subsidiary. The signature was witnessed by the PLN Region Business Director of Sulawesi and NTT, Machnizon Masri, one member of GGVs’ team, PLN’s representative and some of local Medias.
The cooperation sale of electricity refers to the Minister of Energy and Mineral Resources (ESDM) No. 17/2013 which one has given the assignment to PLN to buy the electricity from the solar project. In his speech, Machnizon said that the electrical demand in Indonesia, especially in NTT, is growing very fast and the increase of investment in that region is also quite high.
More than supply electricity to many homes in NTT, this output will also help the economic growth of the region and in the same time will decrease the dependence on fossil fuel. GGV thinks already about the future and how the region could be developed to become more and more independent in electricity provided by renewable energy.
Two days after the signature of the PPA of the PLTS in Kupang, GGV signed its second PPA but this time for hydropower project PLTM 10 MW Tomata located in Central Sulawesi.
The signature of this agreement was made in the Office of PLN in Manado by the General Manager of PLN Region of Suluttenggo, Baringin Nababan and the Main Director of the GGV Indonesian subsidiary. The signature was witnessed by PLN Region Manager Planning, Liasta Taringan, one member of GGVs’ team and a local media.
GGV and local partner also added that we are ready and committed to build this project because it is aligned with GGV vision, that is “Do our best to answer the future by Renewable Energy Project”.