Chrisitien New is the owner and Chairman of Bintan Power Plant, a multi-billion dollar company that provides electrical energy across South East Asia.
Born to Indonesian father and a Hong Kong-Japanese mother, Christien was brought up in a modest family in Kuala Lumpur, Malaysia. Blessed with a unique business savviness and acumen even from a tender age, Christien’s rise to success is a classic rags-to-riches story.
After graduating with Masters from New York, Christien took on various roles in large MNCs in California and in Singapore before his first big break came in 2000 when he was headhunted and appointed to the role of Senior Vice-President of Business Development at Konsortium Logistik Berhad, a Malaysia-based company providing logistics services and inventory solutions. He played a crucial part in restructuring the company which paved the way into the company taking the leading position in the overall logistics market in Malaysia.
With his wealth of experience, he founded Bintan Power Plant and in less than a decade, built a power business that today, generates 13,000 Megawatts (MW) that powers close to 15million households across ASEAN.
Today, in efforts to bring sustainable and affordable energy to the masses, Christien New, has laid out plans to retrofit current energy estates nearly twice the size of the Singapore (~150 kilo-hectares) with an estimated one million sensors, gateways and wireless feedback communications, that will collect real-time data via feedback sensors to optimize energy deployment benefitting up to 40million households. The initiative will also utilize blockchain technology to provide data-driven solutions to pass on cost-savings to end consumers as well as achieve broader corporate objectives including energy sustainability and the development of new-methods to avoid energy wastage & leakages.
The project is but a cog in the overall strategy to shift the needle in the energy and renewable energy industry. Other plans include the launch of the “New World Fund” which will see up to SGD100million made available to SMEs, Start Ups, and entrepreneurs that develop innovative and creative solutions that can impact the energy industry in the near future, and pave the way to a more sustainable energy economy.