Conglomerate Arifin Panigoro's Medco Power Together With PTPS Develop Gas-Based Energy And Clean Energy In Central Sulawesi

JAKARTA - PT Medco Power Indonesia and PT Pembangunan Sulawesi Tengah (PTPS) are working together to develop gas-based energy and renewable energy potential in Central Sulawesi.

In his remarks, the President Director of Medco Power, Eka Satria said the company is committed to supporting the development of gas-based energy supply and clean renewable energy in order to accelerate the achievement of the government's program for clean and environmentally friendly energy.

"With this memorandum of understanding, I hope that Medco Power and PTPS can synergize in promoting the progress of gas infrastructure and clean renewable energy in Central Sulawesi," said Eka in a written statement, Friday, February 4.

On the same occasion, the President Director of PTPS, Leomirnandi D. Karamoy said that this MoU is in line with the purpose of establishing PTPS, namely to grow and improve regional economic activities that have a broad impact on the people of Central Sulawesi and contribute to regional income for the welfare of the community.

Medco Power Indonesia, founded in 2004, is an independent power generation producer under the Medco Energi business group. Engaged in the IPP and O&M sector, Medco Power owns and operates power plants with a total (gross) capacity of more than 3.1 GW in 15 locations in Indonesia.

In addition to operating assets, Medco Power is developing the Ijen PLTP in East Java, the Riau PLTGU with a capacity of 275 MW and the 2x25 MWp PLTS project in the Bali area and the Sumbawa PLTS with a capacity of 26.8 MWp.