Andalas Energy and Power (ADL) – Interim results

Andalas Energy and Power Plc, the AIM listed Indonesian focused upstream oil and gas and power company (AIM: ADL), is pleased to announce its half-yearly report for the six months ended 31 October 2016. Highlights: Readmission to AIM to focus on upstream oil, gas and power opportunities in Indonesia Milestone cooperation agreement with Pertamina, Indonesia’s […]

Andalas Energy & Power (ADL) – Chairman’s AGM statement

Andalas Energy and Power Plc, the AIM listed Indonesian focused upstream oil and gas and power company (AIM: ADL) is pleased to announce that all resolutions were passed at its annual general meeting held today. The following statement from Chairman, Paul Warwick, was given at the meeting: “Since our readmission to AIM earlier this year, much […]

Indonesia state owned PLN under pressure to expedite contract agreements with smaller independent power producers – Andalas Energy & Power

The government’s 35,000 megawatt (MW) electricity procurement program has continued to show sluggish progress, as development contracts for half the targeted capacity have yet to be completed more than a year after the launch of the flagship program. The ambitious program, with a completion target of 2019, will require the construction of 219 power plants and 737 […]