To realize the 10,000MW project, PLN seeking the loans from overseas
— 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 (226) • April 21st, 2008
China Ekport Import Bank and UK-based bank Barckay are among the foreign banks expressing interest to funding the state-owned power company, PT Perusahaan Listrik Negara (PLN) with 10,000 megawatts (MW) emergency power project.
Currently, PLN has deal worth Rp. 7.3 trillion or equivalent with US$ 794.77 million with Bank Mega and Bank Bukopin. Bank Mega is set to disburse a total Rp. 4.61 trillion to finance 10 projects, there are consist of: Pelabuhan Ratu (945 MW), Lampung (200 MW), North Sumatra (400 MW), Riau (14 MW), East Nusa Tenggara (14 MW), West Nusa Tenggara (50 MW), Gorontalo (50 MW), North Sulawesi (50 MW), Southeast Sulawesi (20 MW) and Central Kalimantan (120 MW). Bank Bukopin, meanwhile, is set to channel Rp 1.6 trillion toward the construction of 945 MW plant in Teluk Naga, and Rp 1.04 trillion for 630 MW plant in Pacitan.
Sri Mulyani said that PLN needs some US$ 8.3 billion to meet the 10,000 MW crash program, which is scheduled for completion in 2010.
To realize the target in 2010, PLN should be try to find out some alternative financing. With the current economic condition, it much better for PLN to seeking the loans from overseas institutions.
Topic: Business, Government, Industry, Invesment, News
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