Private Gain, Public Risk: Guarantees & Credit Enhancement for Coal-Fired Power Plants in Indonesia (OCI and Auriga)
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This briefing note by Oil Change International (OCI) and Auriga analyzes the effects of subsidies to coal-fired power plant operators in Indonesia. It finds that risk guarantee and credit enhancement programs that subsidize coal-fired power plants could cost the Government of Indonesia and Indonesian ratepayers tens of trillions of rupiah – many billions of US dollars – over the coming decade, while simultaneously exposing the Indonesian public to multi-billion dollar risks. The briefing is available to download on the website of Oil Change International.