Indonesia's plan to shut coal plants over next 30 yrs struggles for support

Indonesia plans to retire a swath of its coal-fired power plants over the next three decades although its plan to do so has drawn a lukewarm response from potential supporters.

The Southeast Asian country plans to eliminate 15 Gigawatt of coal-generation over that time, requiring more than $600 billion of capital support, said Erick Thohir, the state-owned enterprise minister in an interview on late Thursday. The reduction would equate to about 60% of the country’s current coal-fired generation.

The government has been on roadshows to several countries including Saudi Arabia and the United Arab Emirates as well as some European