Aboitiz Power unit, PT Medco Power to develop geothermal plant in Indonesia

Aboitiz Power Corporation (AboitizPower) said it secured a deal to co-develop a 110-megawatts (MW) geothermal plant with PT Medco Power Indonesia (MPI).

In a disclosure to the Philippine Stock Exchange, AboitizPower said its wholly-owned Singapore-based subsidiary AboitizPower International Pte. Ltd. entered into an agreement with MPI to participate in the exploration and development of a potential 2×55 MW greenfield geothermal plant in East Java Province, Indonesia.

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Posted September 22, 2015 by repit in News

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