Tue, 06 May 2008
The government is considering cutting coal royalty to be paid by coal contractors to the government from 13.5% to 7.5% Asia Pulse reported Tuesday.

The policy is to encourage contractors to supply low grade coal for state electricity company PLN, which needs large supply to feed its coal-fired power plants, an official said.

Mineral, Coal and Geothermal Director General Simon Sembiring said Finance Minister Sri Mulyani Indrawati has asked for the cut in royalty after earlier receiving a proposal from contractors.



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