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Jakarta Post
The Jakarta Post
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DKI Jakarta, Indonesia
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Govt to tender out financing of five coal-fired power plants

  • Ika Krismantari

    The Jakarta Post

Jakarta | Wed, March 19 2008 | 12:20 am

PREMIUM The Finance Ministry will invite local and foreign banks in late March to a tender for the financing of five power plant projects estimated to cost US$2.18 billion, says an official. The head of the government's power sector development team, Yogo Pratama, told reporters Tuesday the tender aimed to secure loans of up to $1.85 billion, or about 85 percent of the total needed to build the pr...