ISDN’s I07 two additional mini-hydropower plants, Anggoci and Sisira, have received their commercial operation date (COD) on June 15.
Both plants will operate on a commercial basis immediately as of the COD.
The commercialisation of both plants, which have a capacity of 10MW and 4.6MW for Anggoci and Sisira respectively, is expected to make “meaningful contributions” to the group’s earnings moving forward.
Anggoci and Sisira represent the second and third successful hydropower launches for ISDN’s clean energy business unit in the last 12 months.
ISDN had, in December 2022, announced the successful launch of commercial operations for its Lau Biang 1 plant. The plant has a capacity of 10MW.
More details will be disclosed during ISDN’s results for the 1HFY2023 ending June. No date has been set for the release of the group’s 1HFY2023 results yet.
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Shares in ISDN closed 5 cents higher or 10.75% up at 51.5 cents on June 16.
