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Home News Indonesia

Global plan for early ditch of coal power hits Indonesia hurdle

admin by admin
September 25, 2024
in Indonesia
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Global plan for early ditch of coal power hits Indonesia hurdle

July deadline to agree Cirebon-1 power price deal lapsed

Jakarta concerned about finance and legal risks

ADB says private sector banks lined up to back a deal

By Gayatri Suroyo and Fransiska Nangoy

CIREBON, Indonesia, Sept 25 (Reuters) –A G7-backed push to close coal power plants in emerging markets is facing further delays after a July deadline passed without a deal on the early closure of an Indonesian power plant that would be the first to shut under the initiative.

The push against coal comes under the Just Energy Transition…



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