Kansai Electric Power and PT Medco Power formed a joint venture.

Kansai Electric Power, a Japanese energy generation and distribution company, and Medco Power, Indonesia’s largest listed energy company, formed a joint venture. Financial terms were not disclosed. "The alliance with Kansai Electric will further strengthen our capabilities and allow us to continue developing our Gas IPP and O&M businesses in Indonesia, through the application of advanced technology and best international practices," Eka Satria, Medco Power President Director.