45 MW Kumbih 3 hydro project achieves financial close
Indonesian state-owned utility company PT PLN Persero (PLN) has secured financing for the construction of the 45 MW Kumbih 3 hydropower project. Kreditanstalt für Wiederaufbau (KfW) bank is to provide a US$99.9 million loan.
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Country news
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November 30, 2017
Masdar to build 200 MW floating solar plant in Indonesia
Abu Dhabi-based renewable energy company Masdar has signed a project development agreement with PT Pembangkitan Jawa-Bali, a unit of Indonesian state utility Perusahaan Listrik Negara, to build a 200 MW floating solar plant in the West Java province.
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October 11, 2017
Indonesian Medco acquires 78% of Saratoga Power
PT Medco Energi Tbk (MEDC) has agreed to acquire 77.68% shares of PT Saratoga Power. PT Saratoga Sentra Business and S Asia III Luxembourg S.A.R.L are the sellers for the acquisition of 784,840 shares in PT Saratoga Power representing 77.68% of all subscribed and paid up capital in PT Saratoga Power.
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May 05, 2017
Tidal Bridge BV awarded tidal project in Indonesia
Tidal Bridge BV, a joint venture of Strukton International and DEC, has been awarded the Palmerah Tidal Bridge project in Indonesia.
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April 19, 2017
Medco and Ratchaburi sign Riau gas-fired PPA
Ratchaburi Electricity Generating Holding Public Company Limited (RATCH) announced its successful expansion into Indonesia by awarding the natural gas-fired combined-cycle Riau power plant with 275-MW capacity.
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April 17, 2017
Indonesia’s 2GW coal-fired plant gets US$3.36bn financing
A consortium of Asian banks will provide US$3.36 billion in loans to support the expansion of the Tanjung Jati B coal-fired power plant project in Indonesia.
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