Power Play
Tuesday, January 31, 2006
PLN, the state-owned utility company has proposed raising the basic rate of electricity this year. The reason is simple: to adjust it with the rise in fuel prices at the end of last year. This reasoning may be factually correct, but is misleading, because the facts used to back it up are incomplete and because it assumes that PLNs performance will remain unchanged.
This assumption is incorrect. Based on the plans submitted by PLN and approved by t
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