Balancing its acts: An engineer checks electrical power from the solar panels that are installed on the roof of a factory in Bekasi. Indonesia wants to strike a balance between boosting economic growth and developing green energy. — Reuters
JAKARTA: Indonesia’s plan to retire its coal-fired power plants over the next three decades and replace them with cleaner energy isn’t drawing support from potential investors.
South-East Asia’s largest economy will need US$600bil (RM2.7 trillion) to phase out 15 gigawatts of coal generation and add a similar amount of renewable capacity over the period, State-owned Enterprises Minister Erick Thohir said in an interview.
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