AANE, a subsidiary of the Company, has been licensed as an Independent Power Producer (IPP) since 2013 and began operating commercially on 31 December 2013. AANE operates a 1.8 MW capacity biogas power plant at our Belitung Island Plantation, generating electricity from the methane produced as a by-product of our CPO mill.
The Company plans to build further biogas power plants at selected mills for internal use, to reduce its reliance on fossil fuels and improve our greenhouse gas emissionreduction performance.