World Bank approves US$1.1 billion Indonesia loan as South-East Asian nations seeks to expand its clean energy programmes

JAKARTA (Vietnam News/ANN): The World Bank has approved two projects worth 1.1 billion USD to expand access to cleaner electricity in Indonesia.

The first project, worth 500 million USD, will connect about 2 million Indonesians to the electricity grid in the eastern part of the country, increase solar power investment and help Indonesia’s electrical power company, PT. PLN Persero improve its capacity to manage energy transition, the World Bank said in a statement.