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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.

Read more: 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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