Medco Sticks with Old Tariff Scheme

TEMPO Interactive, Jakarta: PT Medco Cahaya Geothermal, the operator of the Ijen crater geothermal power plant in East Java, will be using the old geothermal electricity tariff scheme instead of using the new power rates set by the government.

“We have decided to follow the bid results and not use the feed-in tariff as it would take a long process to do,” Medco’s President Director Fazil E. Alfitri said after signing the electricity sales and purchase agreement on Wednesday, February 27.

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Posted March 4, 2013 by repit in News

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