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In his speech, the Senior Manager of Commerce and Customer Service of PT PLN UIW Aceh, Muhammad Munir, said that the premium customer grand launch was aimed at increasing the reliability of electric current supply to PAG at Peusangan water intake.
Very Strong State Linkages: Fitch sees PLN's status, ownership and control by the Indonesian sovereign as very strong.
'We will follow the instructions from PLN, while the contract is still running for both sides.
The consortium, comprising BlackGold, PT Pembangkitan Jawa-Bali ("PJB"), PT PLN Batubara ("PLN BB") and China Huadian Engineering Co., Ltd.
Petersburg, Fla., plant enrolled in a PLN certification course.
At the time, Kuntoro complained that PLN was buying IPP electricity at 6 US cents (then Rp680 and now more) per kilowatt/hour (kWh), whereas the state utility was selling power at Rp240/kWh, because the rupiah had depreciated and power demand dropped following the economic crisis.
He accused the PLN members of blocking the committee's efforts.
And five years ago he joined Wright in founding PLN.
- BlackGold, China Huadian and PLN subsidiaries sign Heads of Agreement for cooperation on Riau-1 Project
Revenues grew 2% YoY to PLN 4.3bn, while EBITDA was PLN 101mn, implying an EBITDA margin of 2.4%.
The national power utility company PT PLN dates back 1945 when the government formed an electric and gas service under the Public Works and Manpower Ministry with a power generating capacity of 157.5MW.
Indonesian demand for liquefied natural gas (LNG) is expected to double to 56 cargoes in 2015 compared to this year, said a senior official with state electricity utility PT Perusahn Listrik Negara (PLN).Indonesia's domestic gas fields are struggling to keep up with surging power demand in Southeast Asia's largest economy, forcing it to look overseas for supplies.