Singapore Stock Exchange (SGX) Main Board listed ISDN Holdings Limited (ISDN), an integrated solutions provider for diverse industries, is developing a 9.7 megawatt (MW) Datara mini-hydropower plant (MHPP) in South Sulawesi, Indonesia in partnership with local companies.
The company said in a statement that ISDN will cooperate with the Gowa District government through Gowa Perusda, which owns 20 per cent in the joint venture entity while ISDN through its Indonesian subsidiary PT SDM, owns 49 per cent. A local business partner PT Bukit Lau owns the remaining 31 per cent.
