Saturday, 22nd July 2017

PT UNITED TRACTORS TBK and PT POWER SERVICE INDONESIA sign Memorandum of Understanding “MoU” to deliver tailored energy management systems for heavy duty mining equipment in Indonesia

12th July 2017 | 1.037 Views
Partnership provides all aspects of research and design, manufacture, installation and maintenance for Indonesian users

JAKARTA, Indonesia--(Antara/BUSINESS WIRE)-- PT POWER SERVICE INDONESIA (“PSI”), a RISCO GROUP COMPANY (“Risco”), is an Indonesian leader in energy solutions for industrial, power and mining sectors. PSI is focused on building out the energy supply chain in Indonesia by supporting the end user with innovative and leading fuel efficiency products. With this partnership between PT UNITED TRACTORS (“UT”) and PSI, Indonesian end users will benefit from a full turn key approach and solutions platform right at their door step. UT has the largest platform and reach in Indonesia’s mining and heavy equipment sector allowing it to now leverage new products and solutions for their customer base.

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The partnership will cater to the distributed energy requirements of this dynamic and fast-growing island nation across mining, transport and heavy equipment usage. PSI and UT together will serve the needs of mining companies and industrial users to implement more competitive fuel solutions throughout Indonesia. The partnership cements a core strategy of both companies in bringing efficient energy solutions to end users. The partnership’s capacity to develop full end to end solutions will give it a winning edge over competition in the market space.

“Together, UT and PSI will deploy the necessary elements to deliver these solutions and products to almost anywhere in Indonesia to serve our end user clients. Such a supply chain will go a long way to making possible Indonesia’s mandate to bring more efficient fuel usage to everyone as quickly as possible,” said Mr. Alex Hintz, PSI’s President Director.

Customers will also be able to access the expertise of Risco’s partner, Atlantic Gulf and Pacific (“AG&P”)”, a leader in developing innovative, cost-optimized infrastructure for the oil and gas sector.

“UT and PSI together deliver all aspects of a comprehensive energy platform, to make energy more efficient, affordable, and sustainable,” said Mr. Ken J Sauer, Managing Director of Risco Energy.

For more information about PSI’s capabilities visit http://www.poservin.com.
For UT, please visit http://www.unitedtractors.com.

About Risco Energy and AG&P

Risco is a privately-owned energy investment company focusing on the Oil and Gas sector. AG&P (ATLANTIC GULF & PACIFIC GROUP) is a global leader in infrastructure solutions and modularized products for the energy, resources and industrial sectors. Risco Energy in collaboration with AG&P is developing commercially compelling midstream and downstream infrastructure solutions to directly serve off-grid customers who do not have access to existing supply networks.

Further information on Risco and AG&P can be found at www.riscoenergy.com and www.agp.ph respectively.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170711006419/en/

Contacts

AG&P
Christine Jones
VP, Marketing and Communications
Phone: +61 409 635675
christine.jones@agp.ph
or
Edelman India
Srishti Mathur
Account Director
Phone: +91 9818890486
srishti.mathur@edelman.com

Source: AG&P