Argo Bromo train catches fire: An Argo Bromo Anggrek I executive
Argo Bromo train catches fire: An Argo Bromo Anggrek I executive
train caught fire on its way to Jakarta from Surabaya on Tuesday,
forcing it to stop in Cirebon and blocking the West Java north
coast railway. A spokesman for railway company PT KAI, Suhartono,
said all the train passengers were safe. He said the fire, which
broke out at about 5 p.m. as the train was passing through
Pabuaran village in Cirebon, originate in the train's power
generator wagon. -- Antara
Paiton and PLN secure final deal: U.S. based Edison Mission
Energy, which owns a 40 percent stake in the Paiton I power
project, said on Tuesday it had secured a final deal with state
electricity company PT PLN over the power tariffs it charged PLN.
The deal ends over two years of renegotiation on the original
1994 Power Purchase Agreement. Principle changes include a
reduction in the prices to be paid and an extension of its term.
Paiton's lenders, however, must approve the deal before it can
come into effect. -- DowJones