NewX Energy In Joint Venture With PTBPP Group For Technology Infrastructure Projects Worth US$2.6 Billion
Ltd. (NewX Energy) and Bintan Power Plant Group(PTBPP) have signed a joint venture agreement whereby NewX will exclusively provide technology infrastructure and related services for projects worth US$2.6 billion.
- Ltd. (NewX Energy) and Bintan Power Plant Group(PTBPP) have signed a joint venture agreement whereby NewX will exclusively provide technology infrastructure and related services for projects worth US$2.6 billion.
- Through an online platform developed by NewX, customers can connect directly with power producers and purchase electricity at highly competitive rates.
- This joint venture is in line with PTBPP Group's strategy to leverage technological innovation to broaden affordable energy access to consumers, helping drive economic progress.
- The joint venture will initially involve the distribution of up to 1,320MW of electricity in projects worth a total of US$2.6 billion.