KONTAN.CO.ID - JAKARTA. The Energy and Mineral Resources Ministry says it will issue a regulation on the domestic price of coal to curb production costs as the government has decided not to increase electricity rates. The ministry’s electricity price section head, Jisman Hutajulu, said in Jakarta on Monday that domestic coal would be sold based on domestic market obligation (DMO). “The objective of introducing the regulation is help easing the financial burden of PLN,” Jisman said as reported by tempo.co, adding that the DMO was based on Energy and Mineral Resources Ministry Regulation No. 34/2009 on coal and mineral resources.
Indonesia to regulate domestic coal price to curb electricity costs
KONTAN.CO.ID - JAKARTA. The Energy and Mineral Resources Ministry says it will issue a regulation on the domestic price of coal to curb production costs as the government has decided not to increase electricity rates. The ministry’s electricity price section head, Jisman Hutajulu, said in Jakarta on Monday that domestic coal would be sold based on domestic market obligation (DMO). “The objective of introducing the regulation is help easing the financial burden of PLN,” Jisman said as reported by tempo.co, adding that the DMO was based on Energy and Mineral Resources Ministry Regulation No. 34/2009 on coal and mineral resources.