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PT ENERGI LISTRIK BATAM SIGNS AMENDMENT OF POWER PURCHASE AGREEMENT AND ENGINEERING, PROCUREMENT AND CONSTRUCTION CONTRACT FOR THE CONVERSION OF SIMPLE CYCLE TO A COMBINED CYCLE POWER PLANT IN TANJUNG UNCANG, BATAM

Archives, 2023, News /

Batam, 21 July 2023 – PT Medco Power Indonesia (“Medco Power”) through its subsidiary PT Energi Listrik Batam (“ELB”) signed an amendment of Power Purchase Agreement (PPA Amendment) with PT PLN Batam and an Engineering, Procurement and Construction (EPC) Contract with PT Inti Karya Persada Tehnik Batam to converts the existing Simple Cycle Power Plant […]

PT ENERGI LISTRIK BATAM SIGNS AMENDMENT OF POWER PURCHASE AGREEMENT AND ENGINEERING, PROCUREMENT AND CONSTRUCTION CONTRACT FOR THE CONVERSION OF SIMPLE CYCLE TO A COMBINED CYCLE POWER PLANT IN TANJUNG UNCANG, BATAM Read More »

MEDCO POWER SUPPORTS THE ACCELERATION OF THE ENERGY TRANSITION TOWARDS NET ZERO EMISSIONS

News, 2023 /

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

MEDCO POWER SUPPORTS THE ACCELERATION OF THE ENERGY TRANSITION TOWARDS NET ZERO EMISSIONS Read More »

MEDCO POWER RECEIVED SUPPORT FOR WIND POWER PLANT STUDY

News, 2023 /

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 »

PT MEDCO CAHAYA GEOTHERMAL SIGNED A FINANCING AGREEMENT WITH PT SARANA MULTI INFRASTRUKTUR (PERSERO) FOR DEVELOPMENT OF IJEN GEOTHERMAL PROJECT

News, 2022 /

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.

PT MEDCO CAHAYA GEOTHERMAL SIGNED A FINANCING AGREEMENT WITH PT SARANA MULTI INFRASTRUKTUR (PERSERO) FOR DEVELOPMENT OF IJEN GEOTHERMAL PROJECT Read More »

MEDCOENERGI AND PLN SIGNED A MEMORANDUM OF UNDERSTANDING ON RENEWABLE ENERGY SOURCES DEVELOPMENT STUDY

News, 2022 /

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

MEDCOENERGI AND PLN SIGNED A MEMORANDUM OF UNDERSTANDING ON RENEWABLE ENERGY SOURCES DEVELOPMENT STUDY Read More »

MEDCO POWER AND KANSAI SIGN A MEMORANDUM OF UNDERSTANDING ON A JOINT STUDY FOR THE FEASIBILITY OF DECARBONIZATION OF POWER PLANTS IN INDONESIA

News, 2022 /

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

MEDCO POWER AND KANSAI SIGN A MEMORANDUM OF UNDERSTANDING ON A JOINT STUDY FOR THE FEASIBILITY OF DECARBONIZATION OF POWER PLANTS IN INDONESIA Read More »

MEDCO POWER INDONESIA AND BNI SYARIAH SIGNED A WORKING CAPITAL FACILITY AGREEMENT

News, 2020 /

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 »

MEDCOENERGI ANNOUNCES STRATEGIC ALLIANCE WITH KANSAI ELECTRIC POWER COMPANY

News, 2020 /

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 »