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JBIC supports Indonesian power
09 March 2010
The Japan Bank for International Cooperation has agreed to finance two separate power projects in Indonesia.
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[Japan Indonesia JBIC power projects]
[KEXIM JBIC direct lending]
The Japan Bank for International Cooperation (JBIC) has agreed to finance $943 million for two separate power projects in Indonesia.
JBIC has signed a $729 million loan to PT Paiton Energy for an 815-megawatt (MW) expansion of its 1,230 MW coal-fired station in East Java. JBIC will also lend $214.2 million to PT Cirebon Electric Power in West Java to fund the Cirebon thermal power...
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