PT Energi Listik Batam (ELB) was established on 7th March 2012 as an Independent Power Producer (IPP) which then it signed Power Purchase Agreement with PT PLN Batam. ELB develop, construct, finance and operate a Simple Cycle Gas Turbine Power Plant with the contract capacity at 2×35 MW located in Tanjung Uncang, Batam Island (“SCPP”). […]
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Medco Power through Energi Prima Elektrika owns and operates a 2×6 MW capacity gas-fired power plant in Patih Galung, Prabumulih – South Sumatera. PPA with PLN was already signed in 2004. The plant started to operate commercially on June 1, 2006 and was put under Medco Power Indonesia’s management on July 29, 2010 after acquiring
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In conjuction with Energi Prima Elektrika’s acquisition, Medco Energi through Medco Power Indonesia also acquired 85% shares of this company who owns and operates a 2×6 MW capacity gas-fired power plant in Kali Doni, Palembang – South Sumatera. The plant started to operate commercially on April 30, 2008 and was put under Medco Power’s Indonesia’s
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MRPR was declared as the winner of the project plant in November 2016 following an open bidding by PLN in April 2015. The development of the IPP project will commence in 2017, and completion is expected within 36 months after the financial closure which is scheduled to take place 12 months after the PPA signing. MPI
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Geothermal in Indonesia Medco Power Indonesia through its 100% owned subsidiary PT. Medco Cahaya Geothermal (“MCG”) is developing the 110 MW Blawan Ijen Geothermal Power Plant in Blawan Ijen, East Java, Indonesia. MCG is entitled for 35-year Geothermal Concession under Decree from Ministry of Energy and Mineral Resources (“MEMR”) (IPB No. 2683 K/30/MEMR/2015). Subsequently, in
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A consortium of Medco Power and Fortum Services Oy (Fortum) was appointed by PLN to provide Operation and Maintenance (O&M) service to PLN Tanjung Jati B Unit 1 & 2 – 2 x 660 MW coal fired power plant at Tanjung Jati, Central Java for 23 years starting from commercial operating date at end of
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In 29 September 2016, Medco Power through its subsidiary PT Medco Geothermal Sarulla (MGS) together with SOL has signed Operation and Maintenance Agreement for 330 MW Sarulla power plant which effective since the signing date. Medco Power has been recognized and trusted to operate and maintenance the biggest geothermal power plant project in the world.
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Geothermal in Indonesia As a result of its volcanic geology, it is often reported that Indonesia has 40% of the world’s potential geothermal resources, estimated at 28,000 megawatts (MW). Currently Indonesia is the world’s third largest geothermal electricity producer after the United States and the Philippines. Installed production capacity (2011) is almost 1,200 MW from
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