Press Release

June 30 - 2020

OPRA Turbines Sign Memorandum Of Understanding (MoU) With KALTIMEX Energy

OPRA Turbines B.V., announces it has signed a memorandum of understanding (MoU) with KALTIMEX Energy.

KALTIMEX Energy, based in Singapore, will become an official Distributor, Service Partner and Packager for OPRA Turbines in Indonesia, Philippines & Bangladesh. The KALTIMEX team have a proven track record in the energy market and will help OPRA to further strengthen and develop growth in Asia-Pacific.

“With more than 1800 MW of installed Power and a product range which is complementing OPRA’s value proposition, having KALTIMEX as our partner will significantly increase our ability to service our customers in the APAC region. At OPRA, we look forward to a long working relationship together and many future successes.” Juha van Riet, CEO at OPRA Turbines.

“Kaltimex Group is privileged to shake hands with OPRA to take its robust design turbines to the two most populous countries of ASEAN, Indonesia and Philippines.  Addition of Bangladesh demonstrates our confidence in the quality and performance of these turbines. The fact that these turbines take on even low calorific value fuels, make them unique. They provide an ideal solution for CHP. OPRA’s eye on taking on ‘Hydrogen’, the fuel of the future shows that it’s R&D is strong and ready to provide smart solutions. Our experience in dealing with similar equipment gives us a distinct advantage to market and sell them in these countries. We are quite confident of achieving success.” Mr. Ralhan, Group Chairman at KALTIMEX Energy.

About KALTIMEX Energy:

Incorporated in 1996 in Indonesia, Kaltimex was a Pioneer company to obtain The First IPP Licence in the private sector to operate a 23MW Power Plant for a Textile Company in Central Java. Since then it has its footprints in Singapore, Bangladesh, Philippines and Myanmar. Its business model remains in EPC, IPP and representing top class power companies like Dresser Rand (Siemens owned), MWM (Caterpillar owned), HTT, Viessmann Boilers, Wabio, Voltas and now OPRA Turbines. Kaltimex offers Total Power Solutions including co-generation and tri-generation. It has recently started to focus in Renewable Energy space like Waste to Energy (WTE), Waste to Liquid (WTL) and Bio-CNG. The Group Chairman and Founder of the group, Mr. K.K.Ralhan has set his eyes to take his group to Public in the next 3-4 years.