Jakarta (ANTARA News/Asia Pulse) -- Japan Bank for International Cooperation (JBIC) has offered to provide a loan of US$900 million to finance the capacity expansion of the Muara Tawar combined cycle power plant.
The expansion unit will use the cogeneration technology to generate electricity. The tender for the cogeneration project of Muara Tawar will be held this year, Fahmi Mochtar, the president of the state power utility PLN, said.
The project is part of the second crash program to build power plants with a total capacity of 10,000 megawatts.
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