Ministry of Finance | Lubis Ganie Surowidjojo (LGS) Law Firm

Semangka and Tanjung (South Kalimantan) Business Viability Guarantees Issued

November 10, 2014
Updates

On 17 October 2014, the Ministry of Finance issued Business Viability Guarantee Letters (BVGL) for the Semangka hydro electric power project and the T...

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Sarulla Business Viability Guarantee Issued

April 13, 2013
Updates

On 11 April 2013, the Ministry of Finance issued a Business Viability Guarantee Letter (BVGL) for the Sarualla geothermal power project company pursua...

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Sarulla ESC and JOC Amendments Signed

April 5, 2013
Updates

The amendments to Sarulla Energy Sales Contract (ESC) and Joint Operation Contract (JOC) have been signed on 4 April 2013. Sarulla is a $1.6 billion 3...

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Muara Laboh and Rajabasa Geothermal Power Purchase Agreements Signed and Government Guarantees Issued

March 6, 2012
Updates

On 2 March 2012, the Power Purchase Agreements (PPAs) for the Muara Laboh and Rajabasa geothermal power plants have been signed between the Indonesian...

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Central Java Power Plant (CJPP) Agreements Signed

March 2, 2012
Updates

On 6 October 2011 a number of agreements for the commencement of the Central Java 2×1,000 MW Steam Power Plant project (CJPP), located in Batang,...

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