News
04 January 2018

Velcan completes sale of 7MW Sukarame hydro project in Indonesia

In:
Power, Renewables
Region:
Asia-Pacific

Velcan has sold its 7MW hydroelectric power project in South Sumatera to a local IPP after experiencing problems agreeing a PPA with Indonesia's sole authorised buyer PLN. The Ministry of Energy and Mineral Resources had initially agreed an increased rate in late 2015 that PLN found too high....

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
23 March 2026

Export and commodity finance volumes balloon in 2025 as...

TXF has published its 2025 data reports for the export and commodity finance industries. Borrowers are raising bigger deals as geopolitical pressures increase supply chain...

Perspective
27 March 2026

Has the ECA untied lending bubble burst?

Untied export finance volumes dropped significantly in 2025 compared to recent years despite a vintage year for ECA business. Is the fall in activity anomalous, cyclical, or...