CDB contributes to $138.3 million loan for 224MW Sumbar Teluk Sirih Power Plant Construction Project (Linked to Record ID#105325)

📋 Staff Comments

1. This project is also known as the 2x112 MW PLTU Sumbar Teluk Sirih Power Plant Construction Project, the PLTU Sumbar 2x112MW Power Plant Project, and the PLTU Sumbar Project. The Chinese project title is 西苏2x11.2万千瓦燃煤电站项目 or 西苏电站项目.
2. CNTIC refers to the project as the Sumatra Barat Power Plant Project.
3. The project was part of the fast-track program by the Indonesian government to add power plants around the country, which totaled about 10000 MW.
4. Norton Rose and Hadiputranto Hadinoto & Partners served as legal advisers for the loan agreement.
5. Given that the individual contributions of the banks are unknown, AidData assumes equal contributions ($69,168,422.5) across the two members of the loan syndicate. Record ID#62054 captures CDB's estimated contribution, and Record ID#105325 captures ICBC's estimated contribution.
6. 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

• Tahukah Anda Bagaimana Sistem Kerja PLTU Teluk Sirih?
• Teluk Sirih power station
• PLN West Sumatra Coal-Fired Plant
• 印尼电站项目再获中国金融机构7.63亿美元贷款
• Slowing the Growth of Coal Power Outside China: The Role of Chinese Finance, 2011 Bond Prospectus
• INTERIM CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)
• Perkembangan Pengelolaan Kewajiban Penjaminan Pemerintah
• BU_PITCH_ENGLISH_2019-clean5.xlsx
• Brief Summary/Kesimpulan Singkat Working Group on Oil
• Gas and Coal
• 驻印度尼西亚大使章启月出席印尼电站项目贷款协议签字仪式
• Overseas Attractions: The Unit-2 of PLTU Sumbar 2x112MW Project Accomplished Final Handover
• The EPC Project of PLTU (2x112MW) of Sumatera Barat
• Indonesia
• PLTU Sumbar 2x112MW Power Plant was awarded the Taking Over Certificate by Indonesian Government
• The FCB Test Has Been Finished Completely for Unit-1 of PLTU Sumbar 2x112MW Power Plant Contracted by CNTIC
• 中技海外风采：印尼西苏电站项目二号机组实现最终移交
• 中技海外风采：印尼西苏电站项目一号机组实现最终移交
• Teluk Sirih power station
• China to Grant US$138 Mln Loans for PLN
• Tahukah Anda Bagaimana Sistem Kerja PLTU Teluk Sirih?
• PERKEMBANGAN PENGELOLAAN KEWAJIBAN KONTINJENSI TRIWULAN II TAHUN 2016
• Bangun Proyek 10.000 MW
• PLN Kantongi Sindikasi Kredit
• PLN Digelontori Pijaman Bank BUMN
• CDB & ICBC, 2017 Government of Indonesia Bond Prospectus
• CNTIC CSR Report 2016-2017
• China Overseas Development Finance
• Belasan Penyu Terjebak Dalam Bak Penampung PLTU Teluk Sirih
• Ada Videonya…
• Warga Padang Mengeluhkan Abu Sisa Pembakaran PLTU Teluk Sirih
• Warga Keluhkan Angkutan Batu Bara ke Teluk Sirih Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.