ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Climate Change

Indonesia's PLN to receive $200m Japanese loan for renewable energy

Deal to be signed Friday under Asia Zero Emission Community initiative

A geothermal power plant in Indonesia. Japan will provide loans to help the country accelerate its transition to clean energy. (Photo obtained by Nikkei)

TOKYO -- Banks in Japan will lend $200 million to Indonesian state-owned power company PLN as part of a Tokyo-backed effort to speed a transition from coal to renewable energy.

Japanese-government-owned Nippon Export and Investment Insurance (NEXI) will sign a memorandum of understanding with PLN on Friday at a meeting to build on Prime Minister Fumio Kishida's Asia Zero Emission Community initiative.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more