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 […]