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 plant and interconnection system design, a grid integration study, a preliminary environmental and social impact assessment, a risk assessment, a cost and economic analysis, and an implementation plan. The wind power produced would provide clean energy to the regional grid in Indonesia which supports clean energy transition process in Indonesia.
President Director of PT Medco Power Indonesia, Eka Satria said, “As a leading clean and renewable power company in Indonesia, Medco Power continues to support the Indonesian Government’s commitment to climate change mitigation and targets towards emissions reduction and net zero goals. This signing is also part of our climate change strategy in developing the electricity portfolio from renewable energy.”
Director of USTDA, Enoh T Ebong said, “USTDA is committed to delivering game-changing projects to close the infrastructure gap and support the clean energy transition in Indonesia. At the same time, ths project will create opportunities for US solutions to be deployed in developing this wind power plant.”
Established in 2004, Medco Power Indonesia is one of the leading Independent Power Producers under MedcoEnergi group. Operating in the business of IPP and O&M, Medco Power owns and operates power plants with gross capacity over 3.1 GW in 15 locations in Indonesia. Currently Medco Power is developing Ijen Geothermal project in East Java, PV plant projects in West and East Bali. Medco Power is wholly owned by PT Medco Energi Internasional Tbk.
PT Medco Energi Internasional Tbk (“MedcoEnergi”) is a leading Southeast Asian energy and natural resources company listed on the Indonesia Stock Exchange (MEDC-IDX). MedcoEnergi has three key business segments, Oil & Gas, Clean Power and Copper Mining. MedcoEnergi explores for and produces oil and gas primarily in Indonesia and is expanding its presence in Southeast Asia. The Group operates gas, geothermal and hydro power plants in Indonesia through Medco Power Indonesia and a non-consolidated interest in Amman Mineral Nusa Tenggara which operates a large Indonesian copper and gold mine.