PLTG Teluk Lembu Achievement, 501.804 hours Zero-Accidents from PLN

December 2019 / Maxpower Group has received an award from PT. PLN (Persero) for achieving 501,804 working hours with (zero-accidents) during 2019. This award was given to PLTG Teluk Lembu located in Pekanbaru, Riau Province. This award aims to motivate companies, local governments, and workers in implementing K3, namely Occupational Health & Safety. Maxpower Group prioritizes the implementation of Health,…

Debt Restructure of Maxpower Group

Previous Next In December 2018, PT Infra Daya Energia, a subsidiary of PT Medco Daya Abadi Lestari (Holding Company of PT Medco Energi Internasional Tbk) succesfully acquired a majority stake in Maxpower Group Pte. Ltd. The new management of Maxpower Group Pte. Ltd immediately re-commenced negotiations in a complicated financial restructuring process involving a deleveraging, debt to equity conversion, debt…