Indonesia Orders Utility Listrik Negara to Buy Geothermal Power
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Indonesia has ordered state-owned utility PT Perusahaan Listrik Negara to buy power from the country’s geothermal plants to support investment in the alternative energy source.
Jakarta-based Listrik Negara is required to buy geothermal power at a maximum of 9.7 U.S. cents per kilowatt hour from new plants, according to a ministerial decree effective on Feb. 16 and obtained by Bloomberg News today.