J-Power, Itochu Said to Delay $4 Billion Indonesian Power Plant

J-Power, Itochu Said to Delay $4 Billion Indonesian Power Plant

Tomohiro Ohsumi/Bloomberg

A turbines stands at the Electric Power Development Co. (J-Power) wind farm in Koriyama City, Fukushima Prefecture, Japan. J-Power, Japan’s biggest power wholesaler, and Indonesian coal mining company Adaro each own 34 percent of the project while Japanese trading company Itochu has 32 percent.