Dear Private Power

January 8, 2002

THE GOOD news is coming at last. Renegotiations on power purchase agreements between the State Electricity Company (PLN) and two private power providers, PT Paiton Energy Corporation (Paiton I) and Jawa Power (Paiton II), have each ended with an agreement. A press release by the Office of the Coordinating Minister for Economy announced on Sunday that the government has approved a long-term agreement on new electricity prices between PLN an

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