State-run builder Wijaya Karya (WIKA) has said that it would use loans in the pipeline from China Development Bank (CDB) to fund US$6 billion power plant projects in Java.
WIKA corporate secretary Suradi told The Jakarta Post over the phone that his company would likely request a credit facility to finance the development of the Java 5 and Java 7 coal-fired power plants, each of which will have the capacity to produce 2 x 1,000 megawatt (MW) of electricity, in Banten.