Indonesian energy companies in key BRI projects

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BRI projects

Withers KhattarWong, the Singapore office of international law firm Withers, has strengthened its footprint in Indonesia with its work as lead counsel for Kayan Hydro Energy, PLTU Celukan Bawang and General Energy Bali on Belt and Road Initiative (BRI) projects.

The Withers KhattarWong team, led by partner Winston Seow and senior legal associate Yap Ling Man, advises Kayan and PLTU on BRI projects along Indonesia’s Regional Comprehensive Economic Corridor (CEC).

At a BRI conference held in Beijing in May, Withers KhattarWong advised Kayan on the signing of an engineering, procurement and construction (EPC) contract exceeding US$1 billion with Power China Group’s Sinohydro. The EPC contract forms part of the US$17.8 billion energy projects to be built by Kayan along the Kayan River in North Kalimantan. The law firm also advises Kayan on project financing to construct the hydropower plant and all other aspects of the projects.

The BRI conference also witnessed the signing of a memorandum of understanding between PLTU and a Chinese state-owned enterprise to work towards a US$1.6 billion joint venture involving the construction of a power plant in Bali. Withers KhattarWong is advising PLTU on the JV, construction, project financing and all other aspects of this project. Separately, the firm was also lead counsel to GEB, which owns and operates a coal-fired power plant in Bali. It advised GEB on a US$240 million project refinancing last year.