Indonesia Backtracks on Coal Phaseout in New 2034 Power Supply Plan

POWER PLANT PROJECT - JAKARTA. Indonesia plans to add 69.5 gigawatts of power capacity by the end of 2034, much of it from renewable sources, but still expects to add new coal-fired power plants, the energy ministry said on Monday.

The expansion will need investment of more than 2,967 trillion rupiah ($183 billion), the government said in its new power supply plan for 2025 to 2034, which is more ambitious than a prior plan to add about 40 GW from 2021 to 2030.

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