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PLN

PLN: In a Major Bind

Tuesday, March 4, 2003

A US$620-million loan may be cancelled: PLN is fighting over locations with JBIC and insists on a Type E power plant.

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SINCE the tariff increase on January 1, PLN’s public image has nose-dived. The state-owned company is believed to be after the largest profits, without making any efforts to increase the quality of its service. Whether PLN management is paying any attention to this deteriorating image, only they know. What is certain, is that since the beginning of February, PLN’s board of directors has been preoccupied with finalizing a new power pla

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