PLN gets the financing on February
— yulyanto
closeAuthor: yulyanto
Name: Yulyanto
Site: http://www.yulyanto.com
About: I was born on July, 16th of 1979, after graduate from Senior High School on 1996, I was continued my study at University of Persada Indonesia YAI (Jakarta) on 2002, majoring in Bachelor of Accounting and then continue my study in the same institution, success to get Master of Management especially Finance Management on 2005. After finish my first Master degree in Management, I’ve got the second Master of Law at University of Indonesia (Jakarta), especially in Economics Law on 2007 by Office’s Scholarship.
I have been working at PT Sanwell Austindo-Jakarta (www.austindocorporation.com), my last position as a Finance Manager, and then start on May 2007 I have been moving as a Marketing Manager, but until now I am still responsible as an Internal Control Manager at PT Austindo Perdana- Bali (Austindo Groups).
In my spare time, usually I am always reading and writing something. Until now, I have been contributed my opinion by some media, like’s science journal, articles, blogs and also in my personal website too (www.yulyanto.com).
Someday, I hope that my written will be useful for anything all in the world ………..............................…See Authors Posts (285) • January 15th, 2008
PLN’s plans to get the crash program financing to develop the electric station 10.000 Mega Watt (MW) in Java-Bali Island till 2010 will be realize in the next February 2008.
From the total capital needed by PLN which around US$ 4.8 billion, the financing by crash program financing will be cover till 40% or equivalent with US$ 1.9 billion.
Financial facilities packages who gets by PLN will be cover by six banks who still declined to identify by President Director of PLN, Eddie Widiono.
The company targets finalizing the signing of all engineering, procurement and construction (EPC) contracts in February to meet the project’s deadline.
The transmission network must be finish six month before the electric station will be operated by PLN on the next 2009-2010.
On Monday (Jan, 15th 2008), PLN also signed four EPC contracts with four consortia made up of local companies and Chinese developers to build four power plants outside Java. The project is estimated to cost $190 million, all of which would be paid with the company’s internal cash (www.thejakartapost.com).
Topic: Business, Government, Industry, News
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