China Eximbank provides $284.2 million buyer's credit for 625MW Banten Suralaya Power Plant Construction Project (Linked to Record ID#38604)

📋 Staff Comments

1. This project is also known as 625MW PLTU 1 Banten Suralaya Power Station Construction Project and the PLTU3 Banten TPP Project. The Chinese project title is 印尼Suralaya1x625MW or 印尼苏娜拉亚1X625MW 燃煤电站项目 or 印尼苏娜拉亚电站项目 or 印尼苏拉拉亚60万千瓦电站项目. The Indonesian project title is Proyek PLTU 1-8 Suralaya.
2. In the Overseas Development Finance Dataset that Boston University’s Global Development Policy Center published in December 2020, it identifies the loan commitment (signature) year as 2009. However, AidData has coded the loan commitment year as 2008 based on the precise loan signature date (January 30, 2008).
3. This project is part of a larger $610 million commitment (the remainder of the funding recorded via Project ID#38604). It is also linked to other projects under the Government of Indonesia’s ‘fast-track program’ (captured via Project ID#38546, #38600, #38601, #38602, #38606, #38609, #38610, #38611, #38614, and #38604.
4. For loan and debt rescheduling records with variable interest rates, AidData calculates the all-in interest rate at T0 based on the reference rate (such as LIBOR or EURIBOR) on the loan start date, plus any known margin. Please see the methodology for additional details.

📚 Sources & References

• 周惠公参出席印尼龙湾火电项目一号机组移交仪式
• Banten Suralaya power station
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