ADB : RI`s energy efficiency program needs $4 billion

Saturday, November 28th, 2009

Indonesia is projected to require an investment of up to US$4 billion to finance its energy efficiency program, an Asian Development Bank (ADB) official said. The investment need means an opportunity for domestic and foreign financial institutions, Director of the ADB Water and Energy Division Anthony Jude said on here Thursday. "The ...

ADB earmarks $500 million for RI`s mega power program

Saturday, November 28th, 2009

The Asian Development Bank (ADB) has earmarked US$500 million in loans to speed up the second phase of Indonesia`s program to build power plants with a combined capacity of 10,000 megawatts, an ADB official said. The ADB loans were intended to finance the construction of geothermal power plants as part of ...

ADB agrees on US$300 M loan for Indonesia

Tuesday, November 17th, 2009

The Asian Development Bank (ADB) agrees to provide US$300 million in loan to help Indonesia develop its capital market as part of the financial reforms underway in the country. "The ADB board of directors agreed today to provide US$300 million worth of a second-tranche loan for the Cluster Capital Market Development ...