Indika Energy Unit Forms Renewable Energy Venture With Mentari Sinergi Investasi, PLN Nusantara Renewables
Bitget2026/10/21 16:25- Indika Energy subsidiary Indika Empat Mitra Sumbawa formed Mentari Bhinneka Nusantara Sumbawa (MBNS) on October 19, 2026.
- MBNS will operate in renewable power generation and business consulting, with paid-up capital of Rp 2.5 billion.
- Indika Empat Mitra Sumbawa holds 35.7%; Mentari Sinergi Investasi owns 34.3%; PLN Nusantara Renewables holds 30%.
- The parent indirectly owns 33.95% of MBNS, which will not be consolidated into its financial statements.
- The venture supports renewable energy diversification, with no material impact on the parent's operations, legal or financial condition, or business continuity.
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