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PLN vs Paiton

Hidden Charge

Tuesday, July 3, 2001

PLN and Paiton Energy Corporation have once again failed to reach agreement. Paiton still wants a high price and maybe PLN will be forced to pay up.

. tempo : 172976872078.

AN unwise decision can have long, drawnout consequences that can also lead to heavy losses. This is what the state-owned electricity company (PLN) currently faces in its case against the Paiton Energy Corporation. And an unfair 'verdict' was certainly handed down on PLN when the government made the decision that the case had to be settled out of court.

In short, PLN's performance has deteriorated because the state-owned company has to abide by th

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