South Korea agreed with Indonesia to develop 100 billion won ($92 million) of biomass generation projects.
The agreement included a 70-billion won deal between South Korean biomass company Eco-Frontier Co. and Indonesia’s state- run plantation company PT Perkebunan Nusantara, according to a statement posted on the website of South Korea’s Ministry of Environment yesterday.
Yonhap News agency reported yesterday that the project between Eco-Frontier and PTPN will be in Indonesia.