Medco to build gas-fired power plant
Tuesday, March 17 2015 - 04:50 AM WIB
IDX-listed energy company PT Medco Energi Internasional Tbk plans to build a 2x800 MW gas-fired power plant as part of its contribution to the government?s ambitious plan of developing a combined 35,000 MW power plants over the next five years, Bisnis Indonesia reported on Tuesday.
The paper quoted Medco President Director and CEO, Lukman Mahmoedz as saying that the company wants to be more active in power project development in the country.
He did not provide further details on the location and the investment size of the planned power plant project nor when the project would be started and completed. (*)