TOKYO -- Japanese utility JERA has sold off its entire stake in an operator of coal-fired power plants in Indonesia as it joins a host of Japanese companies moving away from coal and reducing their carbon footprints, the company said on Friday.
Energy
Japan's JERA divests stake in Indonesian coal plant
Utility company sells its 14% holdings in Paiton Energy to Medco
JERA is in the process of reorganizing its power generation business overseas. (Photo by Manami Yamada)
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