The Challenge to Honggo
The victory of Trans Pacific Petrochemical Indotama in a tender for PLN’s diesel oil procurement has triggered controversy. The government and Pertamina seek debts settlement within two months. Honggo must be ready to leave.
December 15, 2010
Thursday last week was important to PT Trans Pacific Petrochemical Indotama (TPPI). The company under Honggo Wendratno officially acquired a diesel oil purchase contract from PT PLN. On that day the executives of the state-owned electricity company signed an accord on an annual transaction of 500,000 kiloliters of diesel oil for four years starting 2011.
The process took a fairly long time. PLN Primary Energy Director Nur Pamudji said Trans Paci
...