Rajamandala Hydropower Project | Accountability Console
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Rajamandala Hydropower Project

Sectors

Energy

Description:

Projects in this Sector: 222

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Issues Raised

Consultation and disclosure

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Projects with this Issue Raised: 495

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Livelihoods

Description:

Projects with this Issue Raised: 319

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Property damage

Description:

Projects with this Issue Raised: 153

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Project Information

Investment ID: 11862

Bank: IFC/MIGA

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

Implementers

Name Complaints Dispute Resolutions DR Successful Compliance Reviews Non-Compliance
JBIC and Mizuho Bank