1945 - 2022

Dr. HC. Ir. H. Arifin Panigoro bin Yusuf Panigoro

Medco Group Founder



It is with heavy heart that we announce the passing of our Company's Founder. He was a prominent and visionary figure of inspiration to us and to the Company. Not only he was passionate in what he did, he was also a dedicated man of honor to the nation and the country. May his legacy always live in the Company's soul and activities.

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Login | Tuesday, 17 May 2022 |

Media Release

2022-05-12

Minister of EMR Inaugurates Riau CCPP 275 MW

Minister of EMR Inaugurates Riau CCPP 275 MW

Pekanbaru, 12 May 2022 – Minister of Energy and Mineral Resources (EMR) Arifin Tasrif inaugurated a 275 MW gas-fired Combined Cyle Power Plant (CCPP) located in the Tenayan Raya industrial complex, Pekanbaru, Riau on Thursday (12/5). Riau CCPP is owned and operated by PT Medco Ratch Power Riau (MRPR), a joint venture between PT Medco Power Indonesia and Ratch Group. PT MRPR has been operating the Riau CCPP commercially since February 2022.

The inauguration ceremony was also attended by President Director of PT PLN Persero, Darmawan Prasodjo, Deputy Governor of Riau Province Edy Natar Nasution, President Director of PT Medco Energi Internasional Tbk, Hilmi Panigoro and President Director of PT Medco Power Indonesia Eka Satria.

President Director of Medco Power Eka Satria in his speech said, “With a combined cycle engine based on the latest technology, the Riau CCPP produces electricity that is efficient, environmentally friendly and meets international standards for exhaust emissions and environmental quality management. The completion of the Riau CCPP project demonstrates Medco Power's commitment to supporting the Government's program in developing electricity mega-project infrastructure, as well as developing our gas to power business portfolio in a sustainable manner”.

Meanwhile, MedcoEnergi President Director Hilmi Panigoro said, “The Riau CCPP is part of our commitment to providing clean and environmentally friendly energy. This project is also in line with MedcoEnergi's commitment to achieve Net Zero emissions for Scope 1 and Scope 2 by 2050 and Scope 3 by 2060 and supports the Government's energy transition program.”