The PLN Postponement

PLN has not yet released its 2002 financial report. Because of the delay, the state-owned electricity company will have to pay a fine of almost Rp100 million.

PLN eventually gave a public explanation as regards the delay in releasing its 2002 financial report on Thursday two weeks ago. According to PLN Finance Director, Parno Isworo, the 2002 financial report was postponed because the revaluation of PLN's assets had not yet been fully comple

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