Indonesia Backpedals on Retiring Cirebon Coal Power Plant Early

ENERGY - JAKARTA. Indonesia is unlikely to move forward with a plan to retire the Cirebon-1 coal power plant early, although it is reviewing other coal-fired plants for early shutdown, its chief economic minister said on Friday.

The Cirebon deal has been seen as a test case for the early retirement of coal-fired power plants in developing countries under the Just Energy Transition Partnership (JETP), a G7 funding initiative.