ISDN

ISDN: ISDN signed MOU with China Huadian Group (CHD) to collaborate on energy projects in Southeast Asia. MOU should be a major step in lifting ISDN to becoming a credible and potentially significant power industry player in the South-east Asian market. CHD will act as ISDN’s technology and project development partner with the possibility of an added role as investment partner. The partnership will involve such areas as project feasibility analysis and initial technical advisory, project engineering, procurement and construction, management and operation of projects after commission and may also involve financing or joint investment in selected projects. The enormous market potential of the Asia energy sector would mean that the collaborative efforts between ISDN and CHD are likely to extend beyond Indonesia and to include a wider geography encompassing emerging economies such as Myanmar, Cambodia and Laos. China Huadian is a Chinese state-owned enterprise with total assets worth Rmb330b and annual power output of 300b kW/h.