Hydropower Developers Eye Expansion Ahead of Electricity Plan Release

Hydropower Developers Eye Expansion Ahead of Electricity Plan Release

Increased renewable energy mix in PLN’s upcoming RUPTL is likely to drive hydropower developers to expand their assets. While the sector’s profitability remains relatively thin, analysts note that companies related to hydropower and renewable energy have a promising outlook in the long term.

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Senin, 17 Februari 2025 | 17:55

BisnisIndonesia.id, JAKARTA — Renewable energy firms, particularly those related to micro- and mini-hydro power plants, are poised to expand this year to align with PLN’s latest long-term electricity procurement plan (RUPTL), which saw an increase in the renewable energy portion.

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