PTRO leases CDIA EV charging substation for 10 years

Indonesian energy company PTRO has signed a 10 year lease agreement for an EV charging substation owned by CDIA, as reported by IDNFinancials.com. The deal secures infrastructure access for a decade to support EV charging operations.

Why it matters: Long term substation leases signal committed capital deployment in EV charging infrastructure and may indicate pipeline growth for charging networks in Indonesia's emerging market.