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Indonesian Government Agrees to Scale Back 2011 Electricity Rate Hike

Indonesian Government Agrees to Scale Back 2011 Electricity Rate Hike

The Jakarta Globe, Ririn Radiawati Kusuma | September 23, 2010 Under pressure from lawmakers, the government on Thursday offered to reduce next year’s proposed electricity rate hike from 15 percent to 5.4 percent. The smaller increase would force power provider Perusahaan Listrik Negara to make steep cuts to its operating costs. Members of the House […]