Total installed power generation capacity in the Southeast Asian country is projected to reach 158 gigawatts by 2030, more than previously estimated and up from 69 GW in 2020, according to the document which detailed government's plans discussed with foreign investors and diplomats on Thursday.
Two people familiar with the discussions said the document recapped a new version of the power plan prepared last week by the industry ministry, which still needs the approval of the government. The ministry was not immediately available for a comment. The country made a commitment at the United Nations climate conference in Glasgow in November 2021 to become carbon neutral by 2050.
However, combined capacity of coal-fired power plants would be raised to 30.1 GW by 2030 from 21.4 GW at the end of 2020, confirming it as the country's largest source of electricity, accounting for 19% of the mix, according to the document.
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