2×5 MW Mini Hydro Power Plant in North Sumatera
|Project Code||:||XATE – CME295 – 07RPWR|
|Project||:||2x5 MW Mini Hydro Power Plant|
|First Disclosure Date||:||December 2018|
IIF provided USD 28,700,000 financing for the Project Company to develop a 2×5 MW Mini Hydro Power Plant Project in North Sumatera. The Project is to fulfill the electricity demand for North Sumatera region where the electricity demand in this region is projected to grow by 10% until year 2027 and historically the increase of demand ranging from 5% – 8% from year 2011-2017. This Project is also nominated as one of the first MHPP Project to obtain grant from Japanese government through Joint Crediting Mechanism (“JCM”) scheme as the project will be using low-carbon technologies to reduce the CO2 emission.
Project Main S&E Document
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Last Update: January 2019