Andalas Energy & Power (ADL) signs MOU for Development of Independent Power Producer at Puspa Field with PT Pertamina Power Indonesia and Siemens AG

Andalas Energy and Power plc (AIM:ADL) is pleased to announce that it has signed a memorandum of understanding with PT Pertamina Power Indonesia, a wholly-owned subsidiary of PT Pertamina (Persero), and Siemens AG regarding the development of an independent power producer at the Puspa field in Sumatra. Highlights: Andalas, PPI and Siemens agree to jointly […]

Andalas Energy & Power (ADL) clarifies detail on first Wellhead IPP consortium agreement

Andalas Energy and Power plc (AIM:ADL) notes the media speculation regarding its announcement of 8 August 2017 that it had entered into a consortium agreement with PT PP Energi (‘PPE’), a subsidiary of PT PP (Persero) Tbk, the Indonesian state owned construction and engineering company, to develop the Jambi-1 30+MW independent gas-fired wellhead power facility […]

Andalas Energy and Power (ADL) – Operations update and Indonesia Government decree

Andalas Energy and Power Plc, the AIM traded Indonesian focused energy company (AIM: ADL), is pleased to provide an update on the Company’s plans to develop a portfolio of wellhead independent power projects targeting 250MW to 500MW of installed capacity fired with gas from proven fields. As previously announced, the issue of new regulations on […]