Medco Power wins PLN tender for constructing gas power plant

JAKARTA: PT Medco Power Indonesia, a unit of PT Medco Energi International Tbk, won the tender of engineering, procurement and construction of gas power plant from PT PLN Batam. The gas fired power plant has a capacity of 3 x 8.5 megawatt and requires
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News Editor - Bisnis.com 07 Juli 2011  |  08:17 WIB

JAKARTA: PT Medco Power Indonesia, a unit of PT Medco Energi International Tbk, won the tender of engineering, procurement and construction of gas power plant from PT PLN Batam. The gas fired power plant has a capacity of 3 x 8.5 megawatt and requires an investment of IDR179 billion.In an information disclosure to Indonesia Stock Exchange today, the company said it will collaborate with its partners, i.e. Dalle Engineering Construction and Top Deal International Ltd.The project will start next month and target to finish in August 2012. Medco Power will be in charge for design engineering, procurement, construction until commercial operation. The company will be responsible for operation and maintenance for six years after the initial launch of the power plant.Medco Power Indonesia through its subsidiaries; PT Mitra Energi Batam and PT Dalle Energy Batam, has just finished constructing gas power plant and coal-steam combined cycle power plant with 160 MW capacity. The company is now constructing another gas fired power plant with a capacity of 70 MW.The supply of power to PLN Batam will increase to maximum 260 MW after the new gas power plant is established.The MEDC-coded stock remained unchanged at IDR2,300 at the Jakarta Stock Exchange as of 2.22 p.m. local time. (NOM)

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Editor : Muhammad Fariz Aulia

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