PLN Says Its Renewable Energy Plan Will Require $110 Billion of Investment

PLN - JAKARTA. Indonesia's state power company Perusahaan Listrik Negara (PLN) would require around $110 billion of investment to build 30 gigawatt of renewable power capacity and transmission in the next decade, a company executive said on Tuesday.

PLN is revising its power supply plan, known as RUPTL, to adopt cleaner energy as the company has pledged that 75% of its future power generation capacity with be powered by renewable energy such as wind and solar, and 25% by gas.