PLN To Boost Capacity With US$622mn Bank Loans

April 2008 | Corporate Financing News Alert

The Indonesian state electricity utility PT Perushaan Listrik Negaga (PLN) has announced that it will sign a US$622mn with five Indonesian banks to gain the funding required for more power plants in the country. The plants are part of a power initiative in the country to boost capacity and try to overcome power shortages.

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