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Released November 30, 2022 | MANILA
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Researched by Industrial Info Resources (Sugar Land, Texas)--A plan to retire the 660-megawatt Kanci Coal-Fired Power Station in Indonesia continues to push forward.
PT PLN (Persero) (Kebayoran Baru, Jakarta, Indonesia) has received support from the Asian Development Bank (ADB) (Mandaluyong, Philippines) for the early retirement of the plant via Indonesia's Energy Transition Mechanism scheme.
PT PLN has signed a memorandum of understanding with ADB agreeing to explore the early retirement of the Kanci plant by 2025. The facility is owned by Cirebon Electric Power (Jakarta, Indonesia).
The aim of the early retirement of the plant is to significantly reduce carbon dioxide emissions, with the goal of ultimately achieving similar closures across Indonesia.
Sri Mulyani Indrawati, Indonesia's minister of finance, said that Indonesia has a big commitment to addressing climate change by implementing an energy transition. The Indonesian government launched the Energy Transition Mechanism for various parties to be involved in clean-energy projects, and to provide transparency for investors, international donor agencies and the private sector regarding clean energy projects in Indonesia.
Subscribers to Industrial Info's Global Market Intelligence (GMI) Power project and plant databases can click here for the project report and click here for the related plant profile.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 Trillion (USD).
PT PLN (Persero) (Kebayoran Baru, Jakarta, Indonesia) has received support from the Asian Development Bank (ADB) (Mandaluyong, Philippines) for the early retirement of the plant via Indonesia's Energy Transition Mechanism scheme.
PT PLN has signed a memorandum of understanding with ADB agreeing to explore the early retirement of the Kanci plant by 2025. The facility is owned by Cirebon Electric Power (Jakarta, Indonesia).
The aim of the early retirement of the plant is to significantly reduce carbon dioxide emissions, with the goal of ultimately achieving similar closures across Indonesia.
Sri Mulyani Indrawati, Indonesia's minister of finance, said that Indonesia has a big commitment to addressing climate change by implementing an energy transition. The Indonesian government launched the Energy Transition Mechanism for various parties to be involved in clean-energy projects, and to provide transparency for investors, international donor agencies and the private sector regarding clean energy projects in Indonesia.
Subscribers to Industrial Info's Global Market Intelligence (GMI) Power project and plant databases can click here for the project report and click here for the related plant profile.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 Trillion (USD).
