Jakarta (ANTARA News) - PT Tanjung Jati Corp said the Japan Bank for International Cooperation (JBIC) has committed to provide 980 mln usd in loans for the construction of its Tanjung Jati A coal-fired power plant, Bisnis Indonesia reported, citing company president Ambono Janurianto.
"JBIC has indicated that it is ready to finance the PLTU Tanjung Jati A power project because we use Japanese machines, including (machines made by) Toyota Tashu and Tomen Power Corp," Januarianto was quoted by XFN Asia as saying.
He said the power plant will be located in Cirebon, West Java, and will cost a total of about 1.4 bln usd to build.
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