Medco Focus on Midsized Electric EBT

PT Medco Energy International, Tbk (MEDC IJ) will only focus on power projects with a capacity of the medium. Other than that, the company will also focus on the development of new energy projects and renewable electricity such as geothermal, hydro and gas. Currently, Medco electrical business unit is divided into two, the first to sell electricity as the independent power producer (IPP), and second, perform operating and maintenance (O&M). For the record, Medco Power, as one of Medco Energy International’s subsidiary, get the O&M contract for PLTP Sarulla and win tenders of 275MW IPP in Riau.

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