ADB approves US$600 million loan for Indonesian state utility

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SINGAPORE : The Asian Development Bank (ADB) has approved a US$600 mln results-based loan for Indonesian state utility Perusahaan Listrik Negara (PLN), the ADB said in a statement on Monday. The loan is to 'improve the reliability and resiliency of electricity services' and promote clean energy use in Wes

SINGAPORE : The Asian Development Bank has approved a US$600 mln results-based loan for Indonesian state utility Perusahaan Listrik Negara , the ADB said in a statement on Monday.

The loan is to"improve the reliability and resiliency of electricity services" and promote clean energy use in West and Central Java, the statement said.

 

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