|
|
Article: Indonesia: GE Energy invests in Wayang Windu field.
- Article from:
- TendersInfo
- Article date:
- November 10, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: prashant03
GE Energy Financial Services, a unit of global diversified business giant GE, has agreed to extend a US$50 million loan for Indonesia's largest geothermal power plant project in West Java, in what it says is part of its commitment to develop renewable energy in Asia.
The loan, which is extended through its local subsidiary Star Energy which specializes in energy development in Indonesia, will support the financing of emission-free 220 megawatt (MW) plant in Pangalengan, about 45 kilometers south of Bandung, surrounded by tea and kina plantations, a media statement said over the weekend.
The elecricity produced from the field, ...