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Project Information
Investment ID: 11862
Bank: International Finance Corporation and Multilateral Investment Guarantee Agency
Environmental Category: B
Country: Indonesia
Region: East Asia and the Pacific
Approval Date: None
Investment Types: Risk Guarantee
Total Project Cost: No recorded data on this
Total Complaints: 1
Description
The Rajamandala Hydropower project (Rajamandala) consists of the development and operation of a 47 megawatt run-of-the-river hydropower plant near Bandung on Java Island on a build-operate-transfer basis. The project is being developed by PT. Rajamandala Electric Power (REP) and is co-financed by Japan Bank for International Cooperation (JBIC) and Mizuho Bank Ltd (MBL). MIGA has issued guarantees of up to $200 million covering non-shareholder loans by JBIC and MBL to the Rajamandala project. The coverage is for a period of up to 19 years against the risks of transfer restriction, expropriation, war and civil disturbance, and breach of contract.
Investments
| Investment Type | ID | Amount | Status | Bank | Client |
|---|---|---|---|---|---|
| Risk Guarantee | 11862 | USD 200.0 million | Planned | IFC/MIGA |
Related Complaints
| International Finance Corporation and Multilateral Investment Guarantee Agency CAO Complaints | IAM | Country | Date Filed | Status |
|---|---|---|---|---|
| Rajamandala Hydropower Project-01/Bantarcaringin Kampong | IFC CAO | Indonesia | 16/05/2016 | Closed With Outputs |
Implementers
| Name | Complaints | Dispute Resolutions | DR Successful | Compliance Reviews | Non-Compliance |
|---|---|---|---|---|---|
| JBIC and Mizuho Bank |