Indonesia, Nov. 18 -- The Asian Development Bank (ADB) has approved a $470 million results-based loan to PT Perusahaan Listrik Negara (PLN), Indonesia's state electricity corporation, to accelerate the country's transition to renewable energy and advance its goals for sustainable and low-carbon economic growth.The Accelerating Indonesia's Clean Energy Transition Program-Phase 1 will facilitate the development of solar photovoltaic and wind power projects, strengthen power grid infrastructure across Java-Madura-Bali, Sumatra, and Sulawesi, and enhance PLN's institutional capacity to manage the energy transition. The program is expected to avoid up to 2.5 million metric tons of CO2 emissions annually while contributing to the ASEAN Power Grid...