Chandra Asri Invests US$150 Million in Hydrogen-Ready Gas Turbine
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JAKARTA, Investortrust.id — PT Chandra Asri Pacific Tbk or TPIA confirms on Monday, Nov 24, 2025 in Jakarta a US$150 million investment by its unit Aster Power to develop a hydrogen ready gas turbine integrated into its chemical facilities, a move that strengthens low carbon electricity supply to Singapore and supports its long term decarbonization plan. The company says the turbine improves industrial energy efficiency while preparing for future hydrogen co firing capability.
PT Chandra Asri Pacific Tbk (TPIA) said Aster Power planned the investment to enhance energy efficiency and expand low carbon electricity output across its petrochemical energy complex.
The company said the initiative aligned with Singapores effort to transition toward a low carbon economy, adding that the hydrogen ready design allowed co firing once hydrogen became commercially viable.
TPIA said the turbine would be integrated with Asters chemical operations, including cracker furnaces and a waste heat recovery system, enabling higher power generation and lowering carbon intensity for industrial processes.
"This is an important step in strengthening our energy competitiveness while advancing our decarbonization efforts. The hydrogen ready turbine will support our future operations and contribute to cleaner and more efficient energy for Singapore," Group CEO of Chandra Asri and Aster Erwin Ciputra said.
The project received foreign direct investment through Chandra Daya Investasi, the infrastructure vehicle of the Chandra Asri Group. Aster Power said it remained committed to industrial energy efficiency upgrades with operational readiness targeted for late 2029.