When Thomas Edison proclaimed, “We will make electricity so cheap that only the rich will burn candles,” global electrification was his vision. Yet today, more than a century later, there are still regions in Indonesia and Myanmar that exist without 24-hour electricity. Candles, kerosene lamps and batteries keep ‘the lights on’ even though these alternative power sources are a significant household expense.
In today’s society, electricity is the lifeblood of most economic activity. However, with such a low rate of electrification, these regional areas are on the back foot. This is where power distribution company, Maxpower Group (Maxpower), and its turnaround guy CEO Fazil Alfitri step in.
THE MAXPOWER STORY
A gas-to-power specialist and power generation company, Maxpower owns and operates gas-fired power plants in Indonesia and Myanmar, and delivers clean, scalable and affordable power to remote and under-supplied areas in these regions.
Maxpower is in a unique position to provide power on a scale that is uneconomic for major global competitors yet too large for local startups to match. “In essence, the power plant is next to the demand so it can directly serve that market,” Fazil explains. “This is ideal for Indonesia as an archipelago with many unconnected islands. Enough power is generated to meet demand and we can grow as demand grows.”
However, Maxpower’s journey has not been easy and, without the vision of Fazil and his leadership team, it would not be the company that it is today. Nor would it be powering and growing remote communities in need.
Denne historien er fra December 2020-utgaven av The CEO Magazine Asia.
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Denne historien er fra December 2020-utgaven av The CEO Magazine Asia.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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