POWER PLANT OPERATION

PT Megapower Makmur (MPOW), a subsidiary of Bina Puri Holdings Bhd (BPHB) was established in 2007, operates hydroelectricity and diesel plants in Indonesia. It started commercial operation in 2010, when it obtained contract from Indonesia state-owned electricity company, Perusahaan Listrik Negara, PLN in Pulau Bangka Belitung, Indonesia. 

Currently MPOW is operating eight (4) diesel-generated power plants with capacity of 2,000KW/h per plant or 54 Megawatts/ day for the use of household and industrial sectors mainly in the islands of Sumatera and throughout Indonesia which includes, PLTD Toboali, PLTD Toboali II, PLTD Mentok in Kepulauan Bangka Belitung; as well as PLTD Bengkalis in Kepulauan Riau. 

Beside micro diesel-generated power plant, starting from June 2016, MPOW is also operating a 4.2MW Mini Hydro Plant in Sungai Bialo, Desa Pattaneteang, Kabupaten Bantaeng, Sulawesi Selatan. PLTM Banteng-1 mini-hydro power plant is a "Run-off River" type of power generation plant. The length of this green renewable energy power plant is about 1.7 KM from weir to its power house location. 

The Power Purchase Agreement (PPA) tenure is for 15 years and the contracted annual output of electricity produced is approximately 23,913GW/h. 

The Group achieved its latest milestone when MPOW, an Independent electricity producer made its debut on the Indonesia Stock Exchange (IDX) on 4th June 2017 making the First Non-Government Link Company (Malaysia, GLC) being successfully listed on the Indonesia Stock Exchange (IDX), Bursa Efek Indonesia with Bina Puri having 51%  stake in MPOW. The Market Capitalization value is currently at RM14 million.

 

SOLAR PLANT OPERATION (LSSPV-2) 

Another subsidiary, BP Energy Sdn Bhd (BPESB) have recently signed the Power Purchase Agreement (PPA) with Sabah Energy Sdn Bhd (SESB) for the Development of Large Scale Solar Photovoltaic Plant (LSSPV-2), in Kunak, Sabah with capacity of 5.00MW a.c. The PPA was executed on 1 December 2021 and the project has been kicked off in January 2022.


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