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SUPPORT THE ENERGY TRANSITION, MEDCO POWER SWITCHES TO ELECTRIC VEHICLES FOR COMPANY OPERATIONS

Jakarta, 1 September 2023 – In order to support the energy transition program, PT Medco Power Indonesia (“Medco Power”) has switching from conventional fossil fuel vehicles with electric vehicles for company operations. This transition is Medco Power’s participation in developing an environmentally friendly transportation and renewable energy ecosystem in Indonesia.

The switching of conventional vehicles to electric vehicles not only environmentally friendly but also save company operational costs. This showcase Medco Power’s commitment to play an active role in achieving the Indonesian Government’s target of reducing CO2 emissions by 116 million tonnes by 2023 and achieving Net Zero Emissions by 2060.

Eka Satria, President Director of PT Medco Power Indonesia said “With the recent condition of Jakarta’s air quality and the development trend in the use of electric cars, of course the energy transition process needs to be accelerated, including by improving a more reliable electric vehicle ecosystem and providing adequate electric vehicle charging station infrastructure more efficient. Therefore, Medco Power is determined to always play an active role in developing the clean energy portfolio, including in developing the electric car ecosystem.”

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