Adaro’s consortium finalises $3.2b financing for mega power project in Batang

Adaro’s consortium finalises $3.2b financing for mega power project in Batang

Photo By Adaro

Coal miner PT Adaro Energy Tbk (ADRO), a member of PT Bhimasena Power Indonesia consortium, is hoping to close a financial loan worth $3.2 billion on June 6, 2016. The funds will be used to build its 2×1.000 megawatts (MW) power plants in Java, or better known as the Batang project.

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