ADB to grant $300m loan for GDE’s 110MW geothermal power project in Indonesia

ADB to grant $300m loan for GDE’s 110MW geothermal power project in Indonesia

The Asian Development Bank (ADB) has sanctioned a $300 million loan to Indonesian state-owned company Geo Dipa Energi (GDE) for expanding its geothermal power generation capacity by 110MW in Java Island through the construction and commissioning of two geothermal power plants. Additionally, the Asian Development Bank will manage a $35 million loan from the Clean […]