MACROECONOMICS - JAKARTA. Emirates Global Aluminium plans to explore alternative clean energy development in Indonesia, Jakarta said, amending a statement denied by the company that EGA planned to build a nuclear power plant in the Southeast Asian country.
Indonesia's economic affairs ministry issued a statement late on Saturday, replacing one that had said EGA planned to build a nuclear plant of up to 5 gigawatts in an attempt to remedy a shortage of low-carbon power bedevilling efforts to boost capacity at an aluminium smelter in North Sumatra.
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