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Business

Indonesia's Adaro Energy says power plant on track

BANGKOK -- Adaro Energy's power generation project in the Indonesian province of Central Java is on track after securing necessary financing and regulatory approvals, the company's CEO said.

The 2,000MW coal-fired plant, the first by the coal producer, was delayed for more than four years due to land acquisition issues. However, Adaro has begun clearing land and laying the foundation for construction.

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