Empty Coffers, Delayed Promises - Economy - magz.tempo.co

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Empty Coffers, Delayed Promises

Monday, August 3, 2020

The cash flow of state electricity company PLN worsened. It has been hit by subdued sales, high purchase prices, additional debts, and sluggish compensation.

A resident is topping-up his electricity using a card at the Karet Tengsin Apartment in Jakarta, January 2018./ TEMPO/Tony Hartawan. tempo : 171389683361.

A letter landed on the desk of PLN’s executive board on Wednesday, July 29. It came from Rida Mulyana, the energy and mineral resources ministry’s director-general for electricity. In the letter, Rida asked the executive board to let go of floor rates and subscription costs for social, business and industrial groups for the July-December 2020 period.

The government has decided that customers in those categories should only pay for th

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