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The recently revealed bribery scandal at the Riau-1 Steam Power Plan development project showed that corruption is still festering within the state electricity company (PLN).
Many politicians have been changing parties in order to increase their chance of entering the House of Representatives. It indicates a failure by those parties to prepare their candidates.
Through Indonesia Asahan Aluminum (Inalum), the government has inked a deal with Freeport to acquire majority shares. The deal can end up in smoke if the requirements are not met.
The macro assumption that goes off target has caused energy subsidies to soar. It can’t be overcome by political considerations.