Pertamina, Marubeni, Sojitz to Win $2bn Java-1 Powerplant Contract – Andalas Energy & Power (ADL).
A consortium led by state energy company Pertamina has secured first place in the bidding for $2 billion contract for 1,600 megawatts power plant Java-1 in West Java, state utility company Perusahaan Listrik Negara said on Thursday (13/10). Pertamina, which was joined with Japanese trading and investment business conglomerates: Marubeni and Sojitz, outbid rivals consortium led by Adaro […]
BP to go ahead with $8 billion Indonesia LNG project expansion
BP to go ahead with $8 billion Indonesia LNG project expansion – Andalas Energy & Power (ADL by Fergus Jensen; editing by Himani Sarkar and Jason Neely BP (BP.) gained final investment approval to an $8 billion (6.01 billion pound) expansion of the Tangguh liquefied natural gas (LNG) project in Indonesia on Friday, clearing the […]
Asian Development Bank releases funds for Sumatra power grid – Petromindo.com
by Romel S. Gurky The Asian Development Bank (ADB) announced on Wednesday the first disbursement of US$120 million under a $600 million results-based lending (RBL) program to strengthen the electricity grid in Sumatra, after the state-owned power company Perusahaan Listrik Negara (PLN) met the conditions for release of the funds. “Disbursing against results helps […]