Perusahaan listrik negara pln

Jakarta (VNA) – Indonesian state-owned electricity giant PLN has secured a 500-million-USD “green loan” with a guarantee from the World Bank’s Multilateral Investment Guarantee Agency (MIGA) to keep seven renewable energy projects alive amid the COVID-19 pandemic. In its recent statement, PLN said MIGA would guarantee 95 percent of the loan for five years through a consortium of international lenders including the US’s JPMorgan, Singapore’s Oversea-Chinese Banking Corporation (OCBC), Germany’s KfW IPEX-Bank, and Japan’s Sumitomo Mitsui Banking Corporation (SMBC). According to PLN finance director Sinthya Roesly, in a period of difficult liquidity and loan markets, PLN achieved financing cost efficiency by implementing a structure that attracts international creditors. Meanwhile, MIGA said in its online proposal that the loan’s purpose was to provide working capital for PLN to buy electricity from seven existing renewable energy … [Read more...] about Indonesian electricity firm gets 500-mln-USD loan for “green energy” projects

Head of the provincial Statistic Office Nguyen Thi My said that although this is the lowest during the 2011-2020 period, it is still higher than those of other localities in the central key economic zone, including Thua Thua Thien-Hue (up 2.06 percent), Da Nang (down 9.77 percent), Quang Nam (down 6.98 percent), and Quang Ngai (and 1.02 percent). … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 4