JAKARTA -- Indonesia has announced a new electricity procurement plan that includes up to 500 trillion rupiah ($35 billion) for development of renewable energy-based power plants in the coming decade as Southeast Asia's largest economy aims to cut its dependence on coal.
State utility Perusahaan Listrik Negara, which holds a monopoly over the country's power sector, on Tuesday called its latest procurement plan -- the RUPTL 2021-30 -- its "greenest" to date. Renewables will dominate construction of new power plants to be built nationwide through 2030 -- accounting for 51.6% of the total 40.6 gigawatts of planned additional capacity.
