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Thursday, 11 March 2010

AP: Indonesia - PT Perusahaan Negara secures US$5bn loan

Indonesian state electricity company PT Perusahaan Negara (PLN) is ready to sign a US$5bn loan agreement with a number of foreign lenders to finance construction of new power plants. The facility will be used to finance construction of 21 power plants as part of the government’s second fast track program building new power plants with a total capacity of 10,000MW.

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