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PT Medco Power to venture into mini-hydro
Energy company to invest US$20 million for mini-hydro project.
PT Medco plans to derive 50MW from its series of mini-hydro power plants by the end of this year. It also aims to produce nearly 120MW of energy from mini-hydro projects in the coming years.
President director Fazil Alfitri said the company plans to sign contracts with four construction companies for projects in West Java and South Sulawesi. He noted the potential for mini-hydro in Indonesia stands at 500 MW.
Medco is also working on a 10 MW mini-hydro project in Sukabumi, West Java and expects that the plant to be operational this October.