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Indonesia orders state-owned utility to buy geothermal power

Indonesia orders state-owned utility to buy geothermal power

As Bloomberg reports, Indonesia orders state-owned utility PT Perusahaan Listrik Negara to buy geothermal power to support its geothermal plans.

The utility will be required to buy power at  a maximum of 9.7 US cents per kilowatt hour from new plants, based on a ministerial decree.

Source: Bloomberg