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Jakarta Post
The Jakarta Post
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DKI Jakarta, Indonesia
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Economy in brief: Financial closures for IPPs set early 2018

  • The Jakarta Post

Jakarta | Fri, October 13 2017 | 12:25 am

PREMIUM State-owned electricity firm PLN expects that 60 independent power producers (IPPs) can finish financial closure for their electricity projects early next year.PLN strategic procurement director Nicke Widyawati said Thursday that the firm had given a six-month deadline to IPPs with which it had sealed deals in September. After financial closure, they can begin construction of power plants sourced ...