News
26 September 2025

World Bank backs $500m Indonesia grid upgrade

In:
Power
Region:
Asia-Pacific

The World Bank has approved a $500 million loan to Indonesia’s state-owned utility PLN for the modernisation of electricity distribution in Java, Madura and Bali. The Indonesia Electricity Network Transformation (I-ENET) programme is co-financed with $491 million in counterpart funding...

Exclusive subscriber content…

If you are a Proximo 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 Proximo Intelligence contact us

Request Access

You might also like


Video
23 February 2026

Blue Energy: A novel take on SMR bankability

Proximo talks nuclear plant prefabrication, and lessons learnt from LNG and offshore wind, on the road to unlocking project finance for SMRs.

Perspective
27 February 2026

Al Dhafra: GCC solar bonds worth the wait

It is not the first solar project bond refinancing in the region, but it is the best-priced. Despite its development challenges, Al Dhafra shows what a strong revenue model...