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ADB signs 92.6 mln USD financing agreement to support Indonesia’s green energy transition

MANILA, Jan. 14 (Xinhua) — The Asian Development Bank (ADB) on Tuesday signed a financing agreement of 92.6 million U.S. dollars with PT Supreme Energy Muara Laboh (SEML) to develop Indonesia’s geothermal power resources.

“This will be done by expanding the geothermal facility at Muara Laboh in West Sumatra, while supporting the construction, operation, and maintenance of a new geothermal power plant with an ap