PT Thorcon Power Indonesia

PT ThorCon Power Indonesia was founded in 2021 as a totally owned foreign direct investment company (PMA) by ThorCon International Pte, Ltd, which has had a Representative Office in Jakarta, Indonesia since 2018 and was previously known as Martingale Inc from 2015 to 2018. PT ThorCon Power Indonesia is based in Revenue Tower Sudirman Central Business District and employs people with a variety of technical backgrounds. ThorCon has signed several Agreements and MOUs with various stakeholders in the energy and nuclear sector, including universities and state-owned companies, through its Representative Office of ThorCon International, Pte. Ltd. It has also engaged and has had extensive communication practically with every Government Ministries and Institutions involved in the energy and nuclear sector as well as many Provincial Governments and the Energy Commission of the Indonesian House of Representatives. ThorCon has gained good traction with the Indonesian Government as the only nuclear firm operating in Indonesia which proposing to build a Nuclear Power Plant with private investment, as evidenced by the Government’s recommendation letter to ThorCon to prepare for the implementation of TMSR500 project. With these matters above, ThorCon has to be potentially become the first company to build and operate Indonesian first Nuclear Power Plant.