Related Keywords: gas price reductions, improve competitiveness, income tax incentives, Indonesia-Japan economic partnership, Indonesian government, Indonesian Textile Association, industrial activities get electricity price cut, interpret stipulation differently, introduced third stimulus package, PLN, state electricity company, Textile Industry
The Indonesian government has introduced a third stimulus package stipulates that industrial activities get electricity price cuts from 11 p.m. to 8 a.m. However, the textile industry and the state electricity company PLN, which supplies the power, interpret the stipulation differently.
Based on PLN’s understanding, the price cut will only be given to companies consuming more than they usually do every day. The textile industry, meanwhile, says the price cut should be given to industrial activities during the specified timeframe regardless of the amount of their power consumption.
