Bali Discovery Tours: Homepage
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Home Bali Contact Bali Practicalities Bali News Bali Services Bali Transportation Bali Sports Bali Excursions Bali Villas Bali Hotels
Home · News · Get Ready for Higher Electrical Rates?
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Bali Hotels
Bali Villas
Special Deals!
Packages
MICE Handling
Bali Excursions
Culinary - Dining
Guided Tour
Bali Spas
Bali Sports
Diving
Golf
Bali Transportation
Car Rental - Selft Drive
Private Jet Charter
Bali News
Bali Services
Bali Practicalities
Bali Contact
Bali Career
Home
 
Bali Update
Subscribe to our free weekly newsletter!
 
PATA header
PATA Gold Award 2007
Bali Update
PATA Gold Award Winner 2007
 
Bali Contact
Bali Discovery Tours
Komplek Pertokoan
Sanur Raya No. 27
Jl. By Pass Ngurah Rai,
Sanur, Bali, Indonesia

Tel:
++62 361 286 283

Fax:
++62 361 286 284

U.S.A. Fax:(toll free)
1-800-506-8633

U.K. Fax:
++44-20-7000-1235

Australian Fax:
++61-2-94750419

24h:
++62 812 3819724

Bali Discovery

SITE PATA ASITA
Bali News

Get Ready for Higher Electrical Rates?

Indonesian State Electricity Board Desperately Needs More Funds. Is Bali Due for Higher Rates?


Bali News: Bali electricity, PLN, Fahmi Mochtar.
Click Image to Enlarge

(8/31/2009)

The State Electricity Board (PLN) is in desperate need of more funds to cover operating deficits and undertake a much needed expansion of the Indonesian power grid.

The House of Representatives has recently increased the subsidies paid by the government to PLN, while PLN president director, Fahmi Mochtar, has declared his desire to raise electrical tariffs – both moves intended to put the Company in a better position for what has been termed a "fast track" energy program.

Mochtar remain uncommitted as to the amount of increase he will seek in electrical tariffs, claiming the final decision on any increase rests with the Minister of Energy.

However, in approving the recent increase in price subsidies from 5 to 8 percent, the House of Representatives specifically stipulated PLN woulkd not be allowed to raise electrical rates.

Yet, government subsidies - even at higher levels of 8% - are certain to be insufficient to cover continuing operating losses sustained by PLN which currently sells electricity for Rp. 640 (US$0.063) per kilowatt hour that it produces at a cost of Rp. 1,100 (US$0.10.8) per kilowatt hour.

Barred from raising electrical tariffs and strapped for cash, PLN is preparing to sell US$150 million in bonds at the end of the current year.

PLN is also seeking government approval for a new plan to charge higher tariffs in Java and Bali – areas considered "quality service areas." Current regulations specify that electrical rates must be uniform in all areas of the country.

Last year PLN recorded losses of Rp. 13.1 trillion (US$1.3 billion).

Related Article

[Bali Braces for Higher Electricity Rates].


© Bali Discovery Tours. Articles may be quoted and reproduced if attributed to http://www.balidiscovery.com.

   

 
 
Bali News by Bali Update
Subscribe to the Bali Update
Receive the latest news from Bali by email!



Our [Privacy Statement] explains how we handle the data you are providing.

 
Bali News by Bali Update
Explore the Archive of the Bali Update
Find related articles in our news archive!




or try to use Google Search :

Home · Bali Hotels · Bali Villas · Bali Excursions · Bali Sports · Bali News · Site Map · RSS

Bali News: More News
Bali’s Loses Much-Loved Tourism Pioneer
Ida Pedanda Gde Ngurah Karang – Founder of Segera Village Hotel Dies at 87
(12/21/2014)
Fun & Sun Costs More in South Bali
Price of Waters Sports at Tanjung Benoa, Bali Increase by 30%
(12/20/2014)
Fire in East Denpasar
Fire Destroys 7 Shop Houses in East Denpasar, Bali
(12/20/2014)
Mantra for Difficult Times
Australian Mantra Hotel Group Scales Down its Plans in Tough Bali Marketplace
(12/20/2014)
Be Prepared
Bali Identifies Areas at Risk of Natural Disaster and Maps Plans to Minimize Destruction
(12/20/2014)
When Sleighs Won’t Do
Bali Airport to Operate 134 Extra Flights Over Christmas and New Year Period
(12/20/2014)
When a Bay Becomes a Quagmire
Editorial: We Support Jakarta Globe Call for President Joko Widodo to Cancel the Benoa Bay Reclamation
(12/20/2014)
4.25 Million Foreign Tourists to Bali in 2015?
Bali Seeks to Add 500,000 Tourist Visitors in 2015
(12/20/2014)
That Takes the Lot!
Bali’s Tanah Lot Temple Experiencing a Record Number of Visitors Leader Up to Year End Piodalan Ceremony
(12/20/2014)
Shanghaied No More
Singaraja, Bali Immigration Office Deports 282 Foreign Workers in 2014
(12/20/2014)
Different Strokes Apply in Bali
Pendawa Beach Visitors in Bali Reminded that Sexual Activity and Swimming While Menstruating are Strictly Not Allowed
(12/20/2014)
Bali Non-Stop to Cairn, Australia
JetStar to Fly Direct Three Time a Week Cairns to Bali Flights Starting in March 2015
(12/20/2014)
All [News]!