ADB signs MoU with Indonesian partners for first coal plant retirement plan under transition mechanism

Published 08:49 on November 14, 2022  /  Last updated at 09:32 on November 14, 2022  /  Asia Pacific, International, Other APAC  /  No Comments

The Asian Development Bank (ADB) has signed a Memorandum of Understanding (MoU) with Indonesian counterparties to explore the early retirement of a coal-fired power station under the bank’s Energy Transition Mechanism (ETM), it announced on Monday.

The Asian Development Bank (ADB) has signed a Memorandum of Understanding (MoU) with Indonesian counterparties to explore the early retirement of a coal-fired power station under the bank’s Energy Transition Mechanism (ETM), it announced on Monday.

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