Quoting PLN president Djiteng Marsudi, the newspaper said the company needed to reschedule the projects, Paiton I and Paiton II, to ease its financial burden and address an increasing power glut on the Java-Bali power grid. ``The rescheduling is part of the agenda of the committee for the restructuring of PLN,'' Djiteng said in a hearing with a parliamentary committee on Wednesday, the Post reported.

The 1,230 megawatt (mw) coal-fired Paiton I power plant is owned by a consortium consisting of America's Mission Energy and General Electric Japan's Mitsui and Indonesia's Batu Hitam Perkasa. Batu Hitam is controlled by Hashim Djojohadikusumo, a relative of former president Suharto. Paiton II, a 1,220 mw coal-fired power plant, is owned by a consortium comprising Siemens, PowerGen Plc and PT BumipertiwiTatapradita. Bumipertiwi is controlled by Suharto's son, Bambang Trihatmodjo.