Header Ads


Aggreko Announces Further Investment In Indonesia

Jakarta (www.antarakalbar.com) -- Aggreko, the world leader in the provision of temporary power and temperature control services, is today announcing further investment in Indonesia totalling $40 million.

Aggreko is a London listed company with a clear heritage and commitment to Indonesia, a country that the company has been operating in for over six years through our local entity PT Aggreko Indonesia. Aggreko currently has around 210MW of fleet in operation in Indonesia and recently also secured contracts in the mining and utility industries to the value of $10million. This includes work supporting the Sumatra Gold and Copper mine over a five year period and providing six month emergency power for Bintan Island with PLN. We currently employ over 100 people at several locations across Indonesia.

Our commitment to the South East Asia region and in particular, the Indonesian market, has been reaffirmed by today's announcement of planned fleet investment totalling $40 million over the next three years. Aggreko is planning to open a new depot within the Jakarta area and will locally recruit service personnel and maintenance materials for the new depot; equipment will come from our manufacturing facility in Dumbarton, Scotland. The investment is part of the Group's commitment to support the developing economy in Indonesia and PLN, as they develop their programme of gas powered generation.

Aggreko has been working across South East Asia for a number of years and was also recently awarded contracts in Myanmar and the Philippines totalling 115MW.

Robert Wells, Managing Director for South-East Asia, commented: "Aggreko has been operating in Indonesia for over six years and with this heritage comes a clear commitment to the country, which is reaffirmed by the level of investment announced today. Aggreko continues to believe in the market opportunity that exists in Indonesia and supports all current and future employees in the country, as well as the people of Indonesia, as they develop their economy and power infrastructure." Prime Minister David Cameron said: "Companies like Aggreko are leading the way in exporting their expertise from Glasgow to Jakarta - one of the fastest growing markets in the world. This �25million investment will make a huge difference to Indonesia's growing energy needs." Editor's Notes Aggreko plc is the world leader in the supply of temporary power and temperature control solutions. Aggreko employs over 7,700 people operating from 211 locations. In 2014 we served customers in about 100 countries, and had revenues of approximately GBP 1.6bn (USD 2.6bn or Euros 2.0bn). Aggreko plc is listed on the London Stock Exchange (AGK.L) and is a FTSE member, headquartered in Scotland.

Aggreko provides power and temperature control solutions to customers who need them either very quickly, or for a short or indeterminate length of time. Examples would be the supply of power to an industrial site which needs to service its permanent power supply, supplying a whole city in times of power shortage, or providing a major sporting event with power and cooling systems. We serve our customers either through our 211 service centres, which we call the Local business, or globally through our Power Projects business.

In the Local business, which accounts for about half of our revenues, we hire our equipment to customers, who then operate it for themselves, although we retain responsibility for servicing and maintaining it. In the Power Projects business, which also accounts for about half of our revenues, we operate as a power producer. We install and operate power plants and we charge our customers both for providing the generating capacity, and for the electricity we produce. We design and manufacture equipment specifically for these requirements in our factory in Dumbarton, Scotland.

Recent customers include the 2014 FIFA World Cup Brazil�, the XX Commonwealth Games and Cirque du Soleil and the power utilities in over 50 countries including the UK, France, Ivory Coast, Mozambique, Indonesia, Bangladesh, Argentina, Venezuela, Chile, Brazil and the USA.

Aggreko has been working across South East Asia for a number of years and was recently awarded contracts in Myanmar and the Philippines totalling 115MW.

In 2014 we fulfilled over 55,000 customers' assignments and of those who responded to our research, 67% gave us a recommendation of 9 or 10 out of 10.

No comments