SCBD Lot 11A, Jl. Jend. Sudirman Kav. 52-53, Jakarta 12190

corsec.mpi@medcoenergi.com

021-2995-3300

021-2995-3301

ABOUT US

OVERVIEW

OVERVIEW

PT Medco Power Indonesia was established in 2004 as an Independent Power Producer (IPP) and provider of Operation and Maintenance (O&M) services

Medco Power currently owns and operates more than 3,100 MW consisting of a 638 MW IPP and 1,650 MW O&M, which are spread across 15 locations in Indonesia.

In November 2016, Medco Power, through its subsidiary, PT Medco Ratch Power Riau (MRPR), was appointed as the winner of a tender for the Riau 275 MW CCPP project in Pekanbaru, Riau. The power sale and purchase agreement was signed in April 2017, followed by the issuance of PLN’s Financing Date Declaration in September 2018. We a targeting that Riau CCPP will be commercially operational by 2021.

In April 2021, Medco Power has completed transaction to form a strategic alliance with Kansai Electric Power Company to develop gas IPP and O&M facilities in Indonesia.

In the geothermal sector, Medco Power is developing Blawan Ijen GPP with an estimated capacity of 2×55 MW. The Blawan Ijen GPP is located in East Java and when its operational, will be expected to provide support for the power grid across Java.

Medco Power is also developing PLTS projects in West and East Bali with a total capacity of 2×25 MWp, as well as PLTS Sumbawa with a capacity of 26 MWp, and is planned to operate commercially in 2022. In addition, Medco Power has implemented electric vehicles as operational cars in the areas of head office and in subsidiaries such as in Riau, Batam and Jepara.

Going forward, Medco Power will continue to actively participate in the development of power plant projects, especially in the clean and renewable energy sector.

VISION & MISSION

VISION

A leading Clean Power Producer and reliable Operation & Maintenance service company.

MISSION

  • Develop and operate IPP in natural gas, geothermal, other renewable and gas infrastructure facilities.
  • Become the leading national company in providing excellent and integrated O&M services for power business.
  • Deliver sustainable investment portfolio to our stakeholders.