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)
ADVERTISEMENT
Mapei Targets 6% Higher Revenue This Year
Parliament Negates Mandatory Membership in MOK
Number of Residential Developments in Cities Falls 9%
Veronika Spanarova Wins Expat CEO of the Year Award 2023
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
