Tuesday, 12 January 2010

Power supply problems overcome by October 2010: Minister

The electricity supply problems in a number of regions in Indonesia will be overcome by October 2010, Coordinating Minister for Economic Affairs Hatta Radjasa said here on Monday. "Outages in a number of regions will be overcome in the next 10 months," he said in his evaluation of economic performance in 2009 and prospects for 2010. He said the state electricity company PLN would take steps to overcome electricity crisis in several regions by among others continuing the purchase of excess power of other companies. In terms of finance, he said, the government would improve PLN's finance by increasing its funding to reach Rp 30 trillion. The additional funding would be taken from the increasing margin from formerly 5% against the principle production cost (BPP) to 8%.
Source: antara.com, 5 January

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