Credit secured for 2 Indonesian coal fired power plants
Wed, March 10 2010 17:51 | 534 Views
The foreign financers agreed to loan US$1.21 billion for the third unit of Paiton power plant in East Java and US$595 million for the 660-megawatts Cirebon power plant in West Java.
JBIC, which is the lead arranger will provide US$729 million for Paiton and other banks such as Bank of Tokyo Mitsubishi, Mizuho Corporate Bank Ltd, and Sumitomo Mitsui Banking Corp will provide the rest.
Source:
Business in Asia Today - March.10, 2010
published by Asia Pulse
Editor: Ricka
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