Minister promises to discuss Krakatau?s tax holiday request

Tuesday, September 16 2014 - 01:29 AM WIB

Minister of Industry MS Hidayat promised to discuss with Minister of Finance M. Chatib Basri a tax holiday request made by PT Krakatau Posco Energy (KPE).

Speaking to reporters Monday following a meeting with President Director of state-controlled steel maker PT Krakatau Steel, Irvan Kamal Hakim, he said that KPE is considered to be a pioneer in producing electricity by taking processing the exhaust gas from the operation of steel maker PT Krakatau Posco, a joint venture between Krakatau and South Korea?s Posco Group.

?I promise to discuss this to the technical level. They (KPE) is a pioneer,? Hidayat said.

The KPE plant in Cilegon, Banten, started operation early this year with a capacity of 200 MW. (*)

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