PLN set to absorb Masela gas

PLN set to absorb Masela gas Jakarta, Tuesday June 13, 2017 State-owned electricity firm PLN has stated its readiness to absorb 60 million standard cubic feet per day (mmscfd) of gas to be produced at the Masela block in the Arafura Sea to develop a combined-cycle power plant (PLTGU) with a capacity of 300 megawatts (MW) […]

Deals this week: PT PLN (Persero), Union Electric Company, Vivint Solar

Deals this week: PT PLN (Persero), Union Electric Company, Vivint Solar Jakarta, 9 June 2017 PT PLN (Persero) has announced plans to raise IDR2tn ($160m) in a multi-phase offering of ijara sukuk (debt securities). The company plans to raise gross proceeds of IDR400bn ($30.1m) in the first phase of the offering in 2017. The net proceeds […]