BUDAPEST: Multiple gas-powered mobile power plant projects run by state-owned electricity company PLN would help boost exports from Hungary to Indonesia, as most turbines for the facilities will be manufactured in the Central European country, a Hungarian lender said.
Hungarian Export Import Bank Plc. (HEXIM) CEO Zoltán Urbán said a General Electric (GE) factory in the Hungarian city of Veresegyház would supply 15 of 20 turbines used in the new projects, which could generate 500 megawatts (MW) of electricity in total.
The mobile power plants are located in Lampung (4×25 MW), Pontianak (4×25 MW) in West Kalimantan, Bangka (2×25 MW) in Bangka Belitung, Riau (3×25 MW), Belitung (25 MW) in Bangka Belitung, Ampenan (2×25 MW) in West Nusa Tenggara, Paya Pasir (3×25 MW) in North Sumatra and Nias (25 MW) in North Sumatra .
Earlier this month, HEXIM along with Canadian lender Export Development Canada (EDC) agreed to finance the projects, worth a total of $435 million, in a 12-year syndication loan scheme to PLN.
