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Jakarta Post

PLN seeking to cut costs by Rp 20 trillion

  • Alfian

    The Jakarta Post

Jakarta   /   Thu, September 24 2009   /  12:03 pm

State power firm PT PLN expects to cut production costs by Rp 20 trillion (US$2.06 billion) this year on lower oil-based-fuel consumption at its power plants. Vice president director Rudiantara said recently PLN expected total production costs to drop from Rp 160 trillion in 2008 to Rp 140 trillion this year. "We'll save about Rp 20 trillion, mainly from using less oil-based fuels in our energy mix," Rudiantara said. "We're taking advantage of both lower oil consumption and lower oil prices." Fuel expenditure accounts for 70 percent of PLN's total spending, he went on, making efficiency in energy consumption a crucial part of the company's financial performance. In the first half of this year, PLN's power plants used up 4.45 million kiloliters oil-based fuels, down from 5.93 million kiloliters the same period last year. "In the first six months of 2009, we saved about Rp 9.4 ...