State utility company PT. PLN on Wednesday signed heads of agreement with two independent power producers (IPPs) to develop power plants. The two IPPs are PT. Dharma Hydro Nusantara and PT. Tanjung Power Indonesia (TPI).
Under the agreement, Dharma Hydro Nusantara will develop hydropower plant (PLTA) Batang Toru with capacity of 500 MW. The power plant will supply electricity to North Sumatera are during peak hour.