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View all search resultsState electricity company PLN has secured a Rp 11.2 trillion (US$842.36 million) loan commitment from the Japan Bank for International Cooperation (JBIC) to finance the expansion of three power plants. The move is part of a wider effort to fulfill the government’s 35,000-megawatt (MW) electricity program by 2019
State-owned electricity firm Perusahaan Listrik Negara (PLN) has signed a power purchase agreement (PPA) with Jawa Satu Power, an incorporated joint venture mandated to develop the Java 1 combined-cycle power plant (PLTGU) after a prolonged disagreement.
Coordinating Maritime Affairs Minister Luhut Binsar Pandjaitan has said the government is still working toward achieving its electrification target of 35,000 megawatts (MW) amid the tough challenges it is facing regarding power plant development.
President Joko "Jokowi" Widodo has said it is high time to recalculate the electrification procurement target in the 35,000 megawatt (MW) program, which initially aims to exponentially increase the nation’s electricity capacity by 2019.
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