Indonesia to build 10 coal-fired power plants
JAKARTA, INDONESIA - Indonesia's state-run electricity company PT Perusahaan Listrik Negara (PLN) reached agreement with 10 private firms on the joint construction of 10 coal-fired power plants worth 985 million U.S. dollars.
The combined capacity of the ten power plants is expected to reach 423 megawatts, Minister of Energy and Mineral Resources Purnomo Yusgiantoro told reporters here.
The power plants will be built on Kalimantan, Sulawesi, Papua and Sumatra islands, all will use Chinese-made generators, said the minister.
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China aims to reduce coal power production
BEIJING - China plans to slash coal-fired power capacity at its five biggest utilities by as much as a third in two years by merging their assets, according to a document seen by Reuters and four sources with knowledge of the matter.
The move to shed older and less-efficient capacity is being driven by pressure to cut heavy debt levels at the utilities. China, is, however, building more coal-fired power plants and approving dozens of new mines to bolster a slowing economy.
The five utilities, which are controlled by the central government, accounted for around 44% of China’s total coal-fired power capacity…
