39879
PT MEDCO RATCH POWER RIAU
Jul 23, 2018
Indonesia
East Asia and the Pacific
Sep 21, 2018
A - Significant
Active
Jun 12, 2021
Regional Industry - INF Asia & Pac
Infrastructure
Approved : Feb 15, 2019
Signed : Mar 20, 2019
Invested : Nov 13, 2019
Gas - Thermal Power Generation
The proposed project is the development, construction and operation of a 275 megawatt (MW) combined cycle gas turbine power plant and about 40-kilometer gas pipeline in Riau Province, Sumatera, Indonesia. (the “Project”) Following a competitive bidding process, the Project was awarded to a consortium of PT Medco Power Indonesia (51%) and Ratchaburi Electricity Generating Holding Public Company Limited (49%), (together, the “Sponsors”) to implement the project through a project company Medco Ratch Power Riau (MRPR). The Project has secured a 20-year power purchase agreement from the national electricity utility, PT Perusahaan Listrik Negara (PLN) and it is anticipated that the Project will generate about 1.4 TWh of electricity annually.
For Inquiries About the Project, Contact
For Inquiries and Comments About IFC, Contact
Local Access of Project Documentation
The Energy Building 29th Floor SCBD Lot 11A
Jl. Jend. Sudirman Kav. 52-53
South Jakarta 12190
Indonesia