ADB supports Indonesian energy diversity
Manila (UPI) Oct 2, 2015 - Indonesia needs financial support to diversify an energy sector that's outdated despite the vast deposits of natural reserves, the Asian Development Bank. Pradeep Tharakan, a regional specialist for the ADB, said chronic underinvestment in the energy sector left the country lacking access to modern forms of energy. The ADB said it supported a $500 million loan to help stimulate investme ... more

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