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PLN

Hutama Karya’s $600 million global bonds oversubscribed by sixfold
Business 1 month ago

PREMIUM
Hutama Karya’s $600 million global bonds oversubscribed by sixfold

The proceeds from the issuance of the 10-year bonds with a yield of 3.75 percent will be used to fun...
Bukit Asam to cut capex amid falling demand from PLN, India
Business 2 months ago

Bukit Asam to cut capex amid falling demand from PLN, India

The miner initially budgeted Rp 4 trillion (US$264.9 million) of capex for 2020, mostly to develop a...
PLN to give small businesses free electricity for six months
Business 2 months ago

PLN to give small businesses free electricity for six months

State-owned electricity firm PLN has announced its intention to supply small-scale bu...
Dozens scramble to fend off jellyfish bloom along 70-km coastline near Paiton power plant
National 2 months ago

Dozens scramble to fend off jellyfish bloom along 70-km coastline near Paiton power plant

The sea creatures, which have been thronging nearshore waters since last week, were seen along a 70 ...
Giant smack of jellyfish occupies waters off Paiton power plant in East Java
Business 2 months ago

Giant smack of jellyfish occupies waters off Paiton power plant in East Java

Thousands of jellyfish have swarmed to the shores next to the giant seaside Paiton coal-fired power ...
PLN and other power companies added to list of recipients of cheap gas
Business 2 months ago

PREMIUM
PLN and other power companies added to list of recipients of cheap gas

State-owned electricity company PLN and independent power producers (IPPs) will buy gas at US$6 per ...
PLN estimates revenues to slip 15 percent below target as demand plunges
Business 2 months ago

PREMIUM
PLN estimates revenues to slip 15 percent below target as demand plunges

PLN will lose Rp 2.8 trillion in revenues for every 1 percent drop in electricity demand, said the c...
Government owes PLN $3b for two years of electricity subsidies
Business 2 months ago

Government owes PLN $3b for two years of electricity subsidies

Indonesia's sole electricity distributor has yet to receive Rp 48 trillion for subsidies in 2018...
Regencies asked to waive $6m in street lighting taxes for poor households
Business 2 months ago

Regencies asked to waive $6m in street lighting taxes for poor households

The street lighting tax is one out of 10 types of taxes collected by regency administratio...
Tangerang official confirms viral video of girl suspended 15m high on power cable
City 2 months ago

Tangerang official confirms viral video of girl suspended 15m high on power cable

The girl reportedly became an unwitting passenger while playing at the site of a cable installa...
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