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PT Hero Global Investment Tbk (HGII) is optimistic about the upcoming renewable energy project auction by PT PLN (Persero) planned for 2026. This optimism aligns with the increasing opportunities for developing clean energy power plants as outlined in the 2025-2034 Electricity Supply Business Plan (RUPTL).

HGII's management emphasizes a disciplined approach to project pipeline development, focusing on hydropower plants that support national electricity reliability. The company prioritizes project quality over aggressive capacity expansion, evaluating each auction opportunity thoroughly, including technical feasibility and long-term operational sustainability.

HGII is actively participating in a hydropower auction in North Sumatra and a bioenergy power plant in West Kalimantan in the first quarter of 2026. The government and PLN's commitment to accelerating energy transition enhances prospects for future renewable energy development, with PLN planning significant renewable energy project auctions involving private sector partnerships.