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Riau IPP

Sector: Oil and Gas • Location: Indonesia

Source: International Finance Corporation (IFC)

Project
Active

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 Lim

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Project Information

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The project “Riau IPP” is an infrastructure initiative in the Oil and Gas sector, located in Indonesia. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

Sponsoring Agency

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Company

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Status

Original status

active

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Description

Description

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.

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Original Currency

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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Article Published Date

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