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Indonesia’s PLN Releases Rupiah and SUKUK Bond US$127M

JAKARTA (TheInsiderStories) - The state-owned power producer, PT Perusahaan Listrik Negara (PLN) offered a local and SUKUK bonds with total amount Rp1.87 trillion (US$127.62 million). The issuances...

Renewable-based Power Project of Kencana Energy Operates This Year

JAKARTA (TheInsiderStories) - PT Kencana Energi Lestari Tbk (IDX: KEEN) water-based power generation project Air Putih will operates this year, it said on Wednesday...

Indonesia Inaugurates the First Refuse-derived Fuel Facility

JAKARTA (TheInsiderStories) - The coordinating minister for maritime and investment affairs, Luhut B. Pandjaitan, inaugurated the Refuse-derived Fuel (RDF) facility in Cilacap, Central Java....

Indonesia’s Pertamina, PLN Creates Power Business Unit

JAKARTA (TheInsiderStories) - State-owned companies, PT Pertamina and PT Perusahaan Listrik Negara (PLN) agreed to form a joint venture in the electricity business based on gas,...

Indonesia’s PLN Releases Global Bonds US$1.4B

JAKARTA (TheInsiderStories) -  Indonesia’ state-owned power producer, PT Perusahaan Listrik Negara (PLN) announced that it had issued global bonds worth US$1.4 billion on July...

ADB Finances Solar Plants in Indonesia US$160 Million

JAKARTA (TheInsiderStories) - The Asian Development Bank (ADB) announced to provided of US$40 million to invest in Indonesia’s first utility-scale solar photovoltaic (PV) plants...

PLN Seeks Funds US$4 B, Looking Coal Mines

JAKARTA (TheInsiderStories) – PT Perusahaan Listrik Negara (PLN) is planning to raise up to Rp 60 trillion (US$4.38 billion) this year through bank loans...