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Protech Mitra explores opportunity in solar energy

12 April 2019 11:07 AM  Company: PT. Protech Mitra Perkasa Tbk[OASA]
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Protech Mitra explores opportunity in solar energy

JAKARTA - PT Protech Mitra Perkasa Tbk (OASA) predicts that renewable energy, especially solar panel rooftop, has great potential in Indonesia.

"We see enormous opportunities in this sector and we will enter the renewable energy sector, especially PLTS," said Anton Santoso, President Commissioner of Protech Mitra Perkasa.

The company is currently exploring PLTS projects with several potential customers, both from SOE and private sectors. Anton added that there are many companies willing to get the "green" title because it can be an intangible value for them.

Anton explained that this sector is still relatively new and Protech Mitra is prepared, so the company has a better chance. Besides that, the process of installing solar panels is relatively fast with an estimation of 1 month.

The PLTS project is estimated to be able to contribute 30% to 50% of the company's revenue this year. (LM)

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