double-skinned crabsVietnamese crab exportergood crabexellent crab

Medco Energi to Send 600 MW of Clean Power to Singapore

Alfida Rizky Febrianna
June 27, 2025 | 5:31 pm
SHARE
Medco Energi CEO Hilmi Panigoro speaks to reporters after the inauguration of the Blawan Ijen geothermal plant in East Java, Friday, June 27, 2025. (B-Universe/Alfida Febrianna)
Medco Energi CEO Hilmi Panigoro speaks to reporters after the inauguration of the Blawan Ijen geothermal plant in East Java, Friday, June 27, 2025. (B-Universe/Alfida Febrianna)

Jakarta. Indonesian energy firm Medco Energi Internasional plans to export low-carbon electricity to Singapore under a government-approved plan, CEO Hilmi Panigoro said.

The project will be carried out through a solar power plant on Pulau Bulan, an uninhabited island near Batam in the Riau Islands, Hilmi told reporters after the inauguration of the Blawan Ijen geothermal plant in East Java.

“We’ve prepared the Pulau Bulan project for a long time. It will export power to Singapore,” Hilmi said on Friday.

The solar plant will have a planned capacity of 600 megawatts, with electricity transmitted via an undersea cable to Singapore.

ADVERTISEMENT

“With the undersea cable between Pulau Bulan and Singapore, it means the Asian Grid will be connected to Indonesia,” Hilmi said.

He added that the project has received support from both governments. Earlier this week, Indonesian President Prabowo Subianto and Singaporean President Tharman Shanmugaratnam signed a partnership agreement that includes cooperation on green energy.

“Hopefully, under this framework, the power export to Singapore will proceed,” Hilmi said.

On October 25, 2021, Medco stated that it would develop the solar power export project in partnership with a consortium comprising PacificLight Power Pte Ltd (PLP) and Gallant Venture Ltd, part of the Salim Group, after receiving in-principle approval for electricity imports from Singapore’s Energy Market Authority (EMA).

The initiative aligns with Singapore’s Green Plan 2030, which aims to increase the share of renewable energy in its power mix.

Tags: Keywords:
Google Add Investor.id as a preferred source on Google +
SHARE

Related Articles


Business Oct 12, 2026 | 3:20 pm

Medco Energi to Acquire 10% Stake in Four Eni Gas Blocks

Medco Energi agrees to acquire a 10% stake in four Eni gas blocks in East Kalimantan, expanding its long-term gas portfolio.

The Latest


Special Updates 1 hours ago

Chandra Asri Group Receives Trade Finance Excellence Award, Reinforcing Its Role in Indonesia’s Industrial Development

Chandra Asri Group receives the Trade Finance Excellence Award at CIMB Niaga Business Summit 2026.
Special Updates 2 hours ago

AEON MALL Deltamas Brings 11 Sports and Creative Competitions to AEONLYMPIC 2026

AEON MALL Deltamas hosts AEONLYMPIC 2026, featuring 11 sports and creative competitions, with more than 3,100 participants.
Business 2 hours ago

Indonesian Stocks Extend Losses for Third Day, Fall 3.64% to 4,996

Indonesian stocks fell 3.64% on Monday, extending losses for a third straight session amid MSCI concerns and tighter trading limits.
News 4 hours ago

Prabowo Calls Meeting on Forest Fires as Haze Reaches Jakarta, Singapore

Prabowo summons senior officials to discuss forest fires as smoke reaches Jakarta and Malaysia pushes for regional action.
Lifestyle 5 hours ago

Jakarta Outranks Amsterdam in Global Public Transport Survey

Jakarta climbs two places to 15th in Time Out's 2026 public transport survey, with its governor citing better network integration.
COPYRIGHT © 2026 JAKARTA GLOBE. ALL RIGHTS RESERVED