Following are some leading stories in the main Indonesian newspapers on Oct. 22. Reuters has not verified these stories and does not vouch for their accuracy. Telephone: Editorial: +62-21-384-6364. Fax: +62-21-344-8404 or Help Desk: +803-061-2124 (toll free). - - - - JAKARTA POST - TWO GEOTHERMAL POWER PLANTS TO BEGIN OPERATIONS NEXT YEAR Two geothermal power plants with a total capacity of 122 megawatts could begin operations in 2009, Sugiharto Harsoprayitno, the director of geothermal utilisation at the energy ministry, said. - - - - KOMPAS - ACEH FLOOD FORCES THOUSANDS TO SEEK REFUGE Eleven districts in the western coast of Indonesia's once restive province, Aceh, have been hit by floods caused by steady torrential rains, cutting off access to the area and forcing around 40,000 people to seek refuge in nearby areas. - COMPANIES URGE GOVT TO RAISE GUARANTEE LEVEL FOR DEPOSITS Several companies and business association have urged the government to increase the guaranteed level for bank deposits and if possible to give a blanket guarantee, compared with the current maximum of 2 trillion rupiah ($203.6 million). - - - - KORAN TEMPO - PLN RECEIVES $3.5 TRLN LOAN TO FUND PROJECTS State electricity firm PT Perusahaan Listrik Negara (PLN) says it has received a commitment from three state-owned banks for a $3.5 trillion loan to fund its 10,000 megawatt power plant projects. - STATE AUDIT AGENCY TO EXAMINE INDOVER State auditor BPK said it will look into the Dutch-based subsidiary of Indonesia's central bank, Indonesische Overzeese Bank NV (Indover), to assess the assets of state-owned banks in Indover, BPK chief Anwar Nasution said. - - - - BISNIS INDONESIA - TIMAH INTERESTED IN ACQUIRING BUMI RESOURCES STAKE Indonesian state-owned tin miner PT Timah Tbk <TINS.JK> is interested in acquiring a stake in the country's largest coal producer, PT Bumi Resources Tbk <BUMI.JK>, Timah's finance director said. - GARUDAFOOD DELAYS 1 TRLN RPH IPO, EYES PRIVATE PLACEMENT Indonesian food firm PT Garudafood has decided to delay its plan to raise 1 trillion rupiah through an initial public offering, following the deteriorating condition in the financial market, its chief executive, Sudhamek ASW, said. However, the company is considering selling its shares through private placement to a number of investors. - - - - ($1 = 9,825 rupiah)
