Indonesian SOE, PLN, will collaborate with 9 Chinese companies for 54 billion USD project

[Indos]

Garap Proyek Energi Bersih Senilai Rp849 Triliun, PLN Gandeng Sembilan Perusahaan China

PLN lakukan kerja sama investasi dengan perusahaan energi bersih asal China. Ada sembilan kerja sama dalam hal ini.

www.idxchannel.com

 

[Indos]

Some are JV and some are loan/funding from China Banks/Investment companies. This is mostly in energy sector for renewable power projects.

One of the JV projects is to build biggest solar cell and solar panel factory in Indonesia.

https://www.harianhaluan.com/bisnis/1010541552/pln-teken-mou-dengan-investor-china-bangun-pabrik-sel-dan-panel-surya-di-kendal

 

[Indos]

PLN objective is to build 62 Giga Watt (GW) renewable energy until 2040 including the transmission system as the source of energies comes from Sumatra Island, Kalimantan Island, Sulawesi Island, etc which huge hydro power and geothermal power potency that should be connected to Java Island where most people and industries are located.

https://ekonomi.bisnis.com/read/202...utuh-investasi-jaringan-listrik-rp480-triliun