Announced acquisition of ConocoPhillips Indonesian Assets in December.
Secured 20 year PSC extension for the Senoro-Toili PSC effective from December 2027.
Announced Climate Change commitment to achieve Net Zero Green House Gas emissions on Scope 1&2 by 2050 and Scope 3 by 2060.
Commissioned the Riau 275 MW CCPP combined cycle power plant in December 2021, and commenced commercial operation in February 2022.
Medco Power formed a Strategic Alliance with the Kansai Electric Power Company to operate and develop gas IPP facilities.
Medco Power joined a consortium for the assessment of a solar power export project in Bulan Island, Riau that will have an initial installed generation capacity of 670 MWp and provide 100 MW equivalent of non-intermittent electricity to Singapore.