05 Sep 2019 ELECTRICITY SECTOR
The Hydropower Program project is expected to increase the electrification ratio in the Central and Eastern parts of Indonesia (Kalimantan, Sulawesi and Papua) by building PLTA / PLTM in remote and isolated areas by increasing the share of new and renewable energy plants in the target of the national energy mix so that there is even distribution. in remote and isolated areas that require electricity.
The Hydropower program, which is a technology that can convert water into electrical energy, has the advantage of being able to produce less pollution compared to other generating technologies. This proves that in infrastructure development for this country, the Government also chooses the best alternative for the benefit of society and the environment.
With the signing of the guarantee agreement on this project, it is also a clear proof of the success story that State-Owned Enterprises (BUMN) can take advantage of the facilities provided by the Government, in this case the Ministry of Finance and PT PII in providing guarantees as an alternative in order to carry out infrastructure development assignments. strategic and get the most optimal financing scheme. The Ministry of Finance of the Republic of Indonesia together with PT PII are ready to help accelerate the development of government infrastructure through the guarantee we provide, namely the hydropower program project which is part of PT PLN's 10-year plan as stated in the 2018-2027 Electricity Supply Business Plan (RUPTL) and has entered into the 35 GW Program
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Project Information |
|
Signing Project | 05 Sep 2019 |
Project Value (IDR) | IDR 6,9 Trillion |
Loan Value | EUR 294,7 Million |
Characteristics | Capacity 195,2 Mega Watt |
Duration Of Guarantee | 15 Years |
Guarantee Debtor | PT Perusahaan Listrik Negara |
Creditor/Guarantee Recipient | Kreditanstalt für Wiederaufbau (KFW) |
Location | Central and Eastern Indonesia Region |