The policy U-turn contradicts the country’s own commitments, says a think tank Read more at The Business Times.

Indonesia will raise the retirement age for workers to 59, effective this year, in accordance with a government regulation on the Implementation of the Pension Guarantee Program. A regulation issued ...

As predicted, the early retirement of coal-fired power plants has run aground on the country’s political economic realities.

Indonesia is struggling to prove its commitment to boost renewable energy. While the government’s latest national electricity plan (RUPTL) promotes a much higher portion of renewable energy, coal is ...

The Asian Development Bank (ADB) today joined with key partners in Indonesia to sign a memorandum of understanding (MOU) to jointly explore the early retirement of the first coal-fired power plant ...

Indonesia's state utility Perusahaan Listrik Negara (PLN) is in negotiations with U.S. and European investors to help finance an acceleration scheme for its coal power plant retirement, its chief ...

HSBC Holdings Plc, Standard Chartered Plc and Bank of America Corp. are among the banks seeking to participate in Indonesia’s first early coal retirement deal, a signal that big lenders are ...