China to finance Indonesian power plant projects
The China Import-Export Bank is financing three projects of steam power plant in several provincial areas in Java Island, Indonesia.
The three projects will be located, one in East Java and two in West Java, with a capacity of 2x330 MW and 2x315 MW respectively.
Terms and condition of the loan, obtained from the bank is similar with the previous power plant in Indramayu West Java (170 km from Jakarta).
Nevertheless, there is a little rise of interest rate due to the escalating interest spreading throughout the global market. (Xinhua)
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