Jakarta, July 12th, 2023 – PT Medco Power Indonesia (“Medco Power”) plays active role in the process of accelerating the energy transition towards Net Zero Emission in Indonesia. Medco Power is participating in the 11th Indonesia EBTKE ConEx, 12-14 July 2023, a conferences and exhibitions held by Indonesia Renewables Energy Society aims to highlight the […]
Jakarta, May 26th, 2023. The U.S. Trade and Development Agency (USTDA) awarded a grant to Medco Power for a feasibility study to help develop an approximately 111-megawatt (MW) wind power plant in West Sumbawa in West Nusa Tenggara, Indonesia. This feasibility study will provide a detailed wind resource assessment, a preliminary geotechnical analysis, a power
MEDCO POWER RECEIVED SUPPORT FOR WIND POWER PLANT STUDY Read More »
Jakarta, 23 February 2023 – The coffers of awards won by PT Medco Power Indonesia are now increasing. PT Medco Power Indonesia won three prestigious awards at the Indonesia Best Electricity Award (IBEA) 2023, handed over at the closing ceremony on Thursday, 23 February 2023. Medco Power received an award for the Best of the Best
MEDCO POWER WINS THE BEST OF THE BEST IBEA 2023 Read More »
JAKARTA, January 11th, 2023 – PT Medco Power Indonesia (“Medco Power”), through its subsidiary, PT Medco Cahaya Geothermal (“MCG”), signed a Financing Agreement with PT Sarana Multi Infrastruktur (Persero) (“SMI”) for the development of Ijen, a Geothermal Power Plant (“PLTP Ijen”). The first phase of the development is expected to generate 34 MW in 2025.
Bali, October 18, 2022 – PT Medco Energi Internasional Tbk (MedcoEnergi), and PT PLN (Persero) today signed a memorandum of understanding (MoU) to study renewable energy sources to support the government’s program for climate resilience. The signing took place during Indonesia’s State Owned Enterprises Conference: Driving Sustainable and Inclusive Growth, at the Bali Nusa Dua
Jakarta, September 26, 2022 – PT Medco Power Indonesia (Medco Power) and Kansai Electric Power Co.,Inc. (Kansai) signed a Memorandum of Understanding (MoU) on a joint study for the feasibility of decarbonization of power plants in Indonesia, at the second Asia Green Growth Partnership Ministerial Meeting in Tokyo, Japan. The meeting primarily discussed the pathway
Jakarta, 26 September 2020 – PT Medco Power Indonesia and BNI Syariah signed a working capital musyarakah facility agreement with a total of IDR400 billion at the BNI Syariah Head Office (25/9). This working capital facility is intended for corporate financing which will be utilized for additional working capital and operational costs of PT Medco
MEDCO POWER INDONESIA AND BNI SYARIAH SIGNED A WORKING CAPITAL FACILITY AGREEMENT Read More »
JAKARTA, 7 September 2020 – PT Medco Energi Internasional Tbk (“MedcoEnergi”) announces the signing of a strategic alliance between its wholly owned-subsidiary, PT Medco Power Indonesia (“Medco Power”) and Kansai Electric Power Company (“Kansai Electric”). Under the alliance, Medco Power and Kansai Electric will form a new venture, bringing together Kansai Electric’s global technical expertise
MEDCOENERGI ANNOUNCES STRATEGIC ALLIANCE WITH KANSAI ELECTRIC POWER COMPANY Read More »
