Indonesia’s Coal Phase-Out Requires Major Capital Investment

Indonesia’s plan to retire coal plants by 2030 needs $4.6B, but faces funding gaps and limited civil society involvement.

Iim Fathimah Timorria,Mochammad Ryan Hidayatullah
Kamis, 24 April 2025 | 16:30

Bisnis.com, JAKARTA — The government needs to allocate approximately $4.6 billion by 2030 to facilitate the smooth early retirement of steam-fired power plants (PLTUs).

This plan has gained renewed attention following the introduction of the Regulation of the Minister of Energy and Mineral Resources (ESDM) No. 10/2025. The regulation outlines a roadmap for phasing out PLTU operations as part of Indonesia’s commitment to achieving the net-zero emission (NZE) target by 2060, or potentially sooner.

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