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Solar gets a boost in Indonesia's new $35bn renewable power plan

State utility PLN aims to phase out coal from 2028 over several decades

Indonesia is aiming to wean itself off coal and sees solar energy as part of the solution.   © Reuters

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.

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