Minister of information, communication, and technology (ICT), Johnny G. Plate, announced, the government secured US$545 million in project financing for the Indonesia Raya Satellite Multifunction Satellite (SATRIA-1), comprised of $431 million in term of loans and $114 million in equity - Photo by the Company

JAKARTA (TheInsiderStories) – Minister of information, communication, and technology (ICT), Johnny G. Plate, announced, the government secured US$545 million in project financing for the Indonesia Raya Satellite Multifunction Satellite (SATRIA-1), comprised of $431 million in term of loans and $114 million in equity. The satellite to be built by Thales Alenia Space and launched by SpaceX in early 2023.

Participating in the financing was France’ BPI France Export Credit bank, backed by Banco Santander, HSBC Continental Europe and the Korean Development Bank. The commercial loan portion is funded by KDB and together with the Asian Infrastructure Investment Bank (AIIB), he adds. The signing of the financing document was carried out on Feb. 24.

According to the minister, SATRIA-1 satellite will be used to provide internet access for 150,000 public service points where internet access is not yet available from a total of 501,112 public service points in Indonesia. The total satellite transmission capacity is 150 gigabyte per second (Gbps), so each point will get a capacity of 1 megabyte.

Since 2015, the government planned to construct satellite infrastructure facilities through the government and pripate publi partnerships project for SATRIA. While waiting for the launch of SATRIA-1, the ministry also provided telecommunication satellite capacity and internet services through goods  and services procurement contracts by determining six tender winners on Jan. 13, 2021.

The capacity service has been operating since September 2019 to support transmission from the Internet Access project and BTS last-mile service. As of January 2021, the satellite phase I has served around 5,224 locations and 1,682 last-mile BTS locations.

Based on the tender results, the total satellite capacity of the six winners is approximately 9 Gbps which is planned to serve approximately 4,574 internet access service locations. Of the six winners of the tender, will use High Throughput Satellite satellite technology with Ka-band and Ku-Band frequencies.

The SATRIA-1 satellites was won by the PT Pasific Satelit Nusantara (PSN) consortium. The satellite type and will use a rocket from SpaceX, namely Falcon 9, which will transport the satellite to an orbit slot of 146 degrees East Longitude. Marked as the construction of the satellite, PSN has signed a preparatory work agreement with French designers and manufacturers, Thales Alenia Space in 2020.

Both has set up a joint venture company to develop the project. The development of  originally targeted in the first quarter of 2020. However, the COVID-19 outbreak made the construction delayed to this quarter. The government hopes that internet speeds at 150,000 points can reach at least one megabyte per second.

Written by Editorial Staff, Email: theinsiderstories@gmail.com