KPI
KPI was established to run a business related to asset rental and electricity support services, which includes operation and maintenance activities. KPI is building a power plant in the National Strategic Project industrial area of PT Kalimantan Industrial Park Indonesia (“KIPI”), in Mangkupadi Village, East Tanjung Palas District, Bulungan Regency, North Kalimantan Province, to support the aluminum smelter project developed by PT Kalimantan Aluminum Industry ("KAI").
Picture 1: KPI Location
In 2023, KPI carried out several activities, such as pre-construction phase activities (including land preparation, appointment of contractors for the power plant construction phase) and construction activities (including piling, foundation and fabrication works). In 2024, KPI focuses on continuing to complete the construction of power plant projects.