Government to limit electricity rate hike for industries.

By bne IntelliNews July 21, 2010
The government of Indonesia is set to limit the electricity rate hike for industrial users after businesses said that their bills could rise more than the initial 15% planned by the government. As reported by Dow Jones Capital Markets Report, Coordinating Minister for the Economy Hatta Rajasa estimated that the rate hike is projected to be between 12% and 15% for most businesses, but a small number of companies would witness a hike of 18%.

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