Table of Contents
Table of Contents 2
List of Tables 10
Company Snapshot 11
Key Information 11
Company Overview 11
SWOT Snapshot 11
Operational Metrics 12
PT PLN (Persero), Operational Metrics, By Capacity 12
PT PLN (Persero), Operational Metrics, By Generation 12
PT PLN (Persero), Operational Metrics, By Transmission 12
PT PLN (Persero), Operational Metrics, By Distribution 12
PT PLN (Persero), Operational Metrics, By Customers 12
PT PLN (Persero), Operational Metrics, By Segmental Information 13
PT PLN (Persero), Operational Metrics, By Sales 13
PT PLN (Persero), Wind Farms 14
PT PLN (Persero), Wind Farms, Indonesia 14
PT PLN (Persero), Solar PV Parks 15
PT PLN (Persero), Solar PV Parks, Indonesia 15
PT PLN (Persero), Hydro Power Plants 17
PT PLN (Persero), Hydro Power Plants, Indonesia 17
PT PLN (Persero), Biopower Plants 22
PT PLN (Persero), Biopower Plants, Indonesia 22
PT PLN (Persero), Thermal Power Plants 24
PT PLN (Persero), Thermal Power Plants, Indonesia 24
Business Description 47
Business Overview 47
Major Products and Services 48
History 49
SWOT Analysis 56
Overview 56
PT PLN (Persero) Strengths 56
Multiple Power Generation Assets 56
Substantial Transmission and Distribution Asset Base 56
PT PLN (Persero) Weaknesses 56
Working Capital Deficit 56
PT PLN (Persero) Opportunities 57
Growing Electricity Demand: Indonesia 57
Projects Under Construction 57
Focus on Alternative Energy Sources 57
PT PLN (Persero) Threats 57
Environment Norms 57
Operational Issues 57
Volatility in Prices 57
Key Employees 58
Company Statement 59
Locations And Subsidiaries 60
Head Office 60
Other Locations & Subsidiaries 60
Financial Deals Landscape 62
PT PLN (Persero), Deals Summary 62
PT PLN (Persero), Power, Deal Details 64
Asset Transactions 64
Pembangkitan Jawa-Bali and Masdar to Invest USD300 Million in Cirata Floating solar Power Plant in West Java, Indonesia 64
Nebras Power and Pembangkitan Jawa-Bali to Invest USD800 Million in Gas Fired Power Plant in Sumatra, Indonesia 65
PT PLN Persero to Invest USD2.95 Billion in Coal-fired Power Plant in Banten, Indonesia 66
Perusahaan Listrik Negara to Invest USD248 Million in Hulu Lais I Geothermal Power Plant in Bengkulu, Indonesia 67
Prima Layanan Nasional Enjiniring to Invest USD2.6 Million in Solar Power Plant in Sulawesi, Indonesia 68
Perusahaan Listrik To Invest US$1.2 Billion In Karama Hydro Power Project In West Sulawesi, Indonesia 69
Perusahaan Listrik To Invest US$510 Million In Merangin Hydro Power Project In Jambi, Indonesia 70
Perusahaan Listrik To Invest US$1.2 Billion In Batang Toru Hydro Power Project In North Sumatra, Indonesia 71
Peruahan To Invest US$5 Million In Biomass Power Plant In Indonesia 72
PT PLN And GE To Invest US$5 Million In Biomass Power Project In Sumba, Indonesia 73
Perusahaan Listrik Negara To Invest US$63 Million In Portfolio Of Solar Power Plants In Indonesia 74
PT PLN To Invest US$200 Million In Arun Gas Fired Power Plant In Indonesia 75
Perusahaan Listrik Negara To Invest US$100 Million In Wind Power Project In Indonesia 76
PT PLN To Build US$6,900 Million Gas Fired Power Portfolio In Java, Indonesia 77
PT PLN To Invest US$3,200 Million For Two Coal-Fired power Plants In Java, Indonesia 78
PT PLN To Invest US$1,000 Million For Hydro Power Plant In Sulawesi Selatan Province, Indonesia 79
PT PLN To Invest US$138 Million For Rooftop Solar Power Project, Indonesia 80
PT PLN Completes Project Financing of USD640 Million for Six Geothermal Working Areas in Indonesia 81
Perusahaan Listrik Negara Completes Project Financing of USD435 Million for Eight Mobile Power Plants in Indonesia 82
PT PLN Announces Project Financing Of US$216.7 Million For Two Power Plants In Indonesia 83
PT PLN Announces Project Financing Of US$18 Million For Indramayu Power Plant In Indonesia 84
PT PLN Announces Project Financing Of US$54 Million For Tulehu Geothermal Power Plant In Indonesia 85
Perusahaan Listrik Negara and TJK Power Complete Project Financing of USD237 Million for Tanjung Kasam Coal Fired Power Plant in Batam, Indonesia 86
PT PLN Completes Project Financing Of US$640 Million For Upper Cisokan Hydro Power Project In West Java, Indonesia 87
PT PLN Announces Project Financing Of US$345 Million For Hydro And Solar Power Plants In Indonesia 88
PT PLN Announces Project Financing For Bengkayang Coal Fired Power Plant In West Kalimantan, Indonesia 89
Partnerships 90
Tenaga Nasional Forms Partnership with PLN to Develop Coal Fired Power Plant in Kalimantan, Indonesia 90
Masdar Forms Partnership with Pembangkitan Jawa-Bali 91
PLN (Persero) Forms Partnership with Halliburton 92
Enel to Form Partnership with PLN Persero 93
Recent Developments 94
PT PLN (Persero) – Recent Developments 94
Mar 22, 2013: Indonesia To Solicit Bids For 150 MW Of Solar Power Stations 94
Sep 03, 2008: Raser, PLN Wins West Java Geothermal Development Concession 94
Sep 07, 2017: Keppel Signs Heads Of Agreement With Pavilion Energy And PLN To Explore LNG Solutions For Indonesia 94
Dec 13, 2016: Hungarian Export Import Bank and Export Development Canada Partner for the First Time to Help PLN Accelerate 35,000 MW in Indonesia 95
Jun 03, 2016: Enel signs MoU on sustainable power generation in Indonesia with PT PLN Persero 96
Jan 22, 2016: Indonesia – Malaysia Cooperate in Strengthening Electricity in Borderlines 96
Sep 15, 2015: Qatar’s Nebras Power inks deal for 500MW gas-fired power project in Indonesia 97
Sep 26, 2014: PLN, Pertamina and Pelindo III join hand to build LNG terminal in Bali, Indonesia 97
Aug 25, 2014: PLN and Rajamandala to construct 47MW hydro-power plant in Indonesia 97
Oct 16, 2012: GE Signs LoI With PLN To Pilot Renewable Energy Power Plant In Sumba, Eastern Indonesia 97
Oct 15, 2012: TNB Enters Into Joint Development Agreement With PT PLN And PTBA For Coal-fired Power Project 98
Aug 17, 2011: PT PLN Plans To Set Up 50 MW Hydropower Plant In Wamena, Indonesia 98
Apr 12, 2011: PT PLN Plans To Set Up 60 MW Hydroelectric Power Plant In North Sumatra, Indonesia 98
Mar 24, 2011: Pertamina And PLN To Build LNG Terminals In Indonesia 99
Feb 24, 2011: PLN Mulls Over Allocation Of $15 Billion For Construction Of Gas-Fueled Power Stations 99
Jul 16, 2010: PLN To Develop Five Solar Power Stations In Indonesia 99
Apr 15, 2010: PLN Intends To Receive Loans From China For Up-Gradation Of Power Transmission System 99
Apr 15, 2010: PLN Intends To Receive Loans From China For Two Thermal Power Plants 99
Mar 28, 2010: Tata Power Plans To Produce 1,500MW Of Geothermal Energy 99
Feb 08, 2010: PLN To Invite Repeat Tender For Building 1,200 MW Muara Tawar Add-On Thermal Power Plant 100
Jan 18, 2010: PT PLN To Construct Third Unit Of Asahan Hydro Plant In Sumatra, Indonesia 100
Jan 06, 2010: PLN Exits From LNG Terminal In Jakarta Bay, Indonesia 100
Nov 23, 2009: Star Energy To Build Two New Geothermal Power Plants In Indonesia 100
May 28, 2009: PLN, TNB Agree To Construct $450 Million Power Transmission Project 100
Mar 23, 2009: PLN To Increase Capacity Of Muara Tawar Gas-Fired Power Plant To 4,000 MW 101
Nov 24, 2008: PLN To Start Coal-Fired IPP Project In Central Java, Indonesia 101
Aug 04, 2008: Mitsui Announces Execution Of PPA For Paiton 3 Coal-Fired Power Plant Expansion Project In Indonesia 102
Sep 24, 2012: Supreme Energy Starts Geothermal Drilling At South Solok In West Sumatra, Indonesia 102
Dec 05, 2010: PLN Starts Drilling Tulehu Geothermal Field In Maluku 102
Oct 18, 2010: Korinci Baru PSC Resumes Gas Production To Normal Rate: Kalila 103
Jun 29, 2016: Financial Statements of PT PLN (Persero) 2015 103
Oct 29, 2014: MedcoEnergi’s 3Q 2014 Operational And Financial Results 104
Apr 17, 2009: PLN Reports Revenues Of IDR164.2 Trillion In 2008 104
Dec 16, 2017: Build PLTA Kumbih III, PLN Get Credit Facility From KfW Germany 106
Nov 15, 2017: TNB Inks Mou With PLN to Develop a Coal-Fired Power Plant in Kalimantan to Supply Electricity to Sabah Electricity Sdn Bhd 106
Nov 09, 2017: Two evaporators of Grati desalination plants ready to be delivered 107
Oct 31, 2017: MHPS Ships Two Gas Turbines for 880 MW Class Indonesian GTCC Power Generation System 107
Oct 04, 2017: ABB expands Indonesia footprint with high-voltage switchgear unit 107
Sep 07, 2017: Indonesia Mulls LNG Swap Deal With Singaporean Firms 108
Sep 07, 2017: PLN Set to Sign Ten Power Purchase Agreements with Private Power Plant Companies 108
Aug 21, 2017: Asian Development Bank says solar offers greatest potential in Bali, Indonesia 108
Aug 15, 2017: Singapore To Supply LNG For Indonesia’s Power Plants 108
Jul 31, 2017: Andalas Energy & Power: Multiple opportunities to generate first gas to power cash flows in Indonesia being progressed 108
Jul 13, 2017: Indonesian Ministry Expects LNG Virtual Pipelines To Be Built By 2018 110
Jun 20, 2017: PLN Groundbreaking PLTP Tulehu Dongkrak Utilization of EBT 110
Jun 05, 2017: Indonesia’s PT PLN starts tender process for 168MW solar power capacity in Sumatra 111
May 10, 2017: Indonesia is not ready to accept Russia’s offer for developing nuclear power plants 111
Apr 28, 2017: Indonesia introduces new law for renewable energy projects 111
Apr 21, 2017: US investors interested in geothermal business in Indonesia 111
Apr 12, 2017: PT PLN (Persero): Additional 60 MW for Ambon System 112
Apr 12, 2017: PT PLN (Persero): Equator System Surplus 126 MW 113
Apr 12, 2017: Indonesia’s PLN plans to float tender for renewable energy power plants in May 2017 113
Apr 11, 2017: Government of Indonesia Pushes Power Plant Development at Wellhead and Mine Mouth 113
Apr 11, 2017: PLN calls off plan to develop mega power plant PLTU Java 5 114
Apr 04, 2017: Development of Hasang Hydropower Plant as part of the Indonesian government 114
Mar 31, 2017: Construction of Tanjung Jati B coal-fired power plant Units 5 & 6 Expansion Project (2,000MW) commences in Indonesia 115
Mar 31, 2017: KinerjaPay Corp Launches the Introduction of the Company’s Proprietary, Online Payment Solution to Perusahaan Listrik Negana, Indonesia’s State-run Electric Utility’s 60 Million Customers 115
Feb 23, 2017: Conergy successfully completes the first utility-scale solar plant in Sumba Island (Indonesia) 116
Jan 16, 2017: Indonesia Ministry introduces new power regulation 116
Dec 20, 2016: Itron expands electrification in Indonesia with smart payment solution 116
Dec 13, 2016: Indonesia’s Minister of State-Owned Businesses urges for PLN and Pertamina collaboration 117
Dec 12, 2016: PLN operates 8 power plants with capacity of 500 MW 117
Dec 02, 2016: Accelerate Development of 35,000 MW, PLN Signs USD 435 Million Funding for the Development of Mobile Power Plant (MPP) of 500 MW 118
Nov 24, 2016: Indonesia’s PT PLN declassifies details of previous government’s neglected power plants 119
Nov 10, 2016: Two additional circuit 500 kV high-voltage wires SURALAYA – Balaraja Structural Strengthening the Backbone System Java-Bali 119
Nov 07, 2016: PT PLN (Persero): Rupiah Strengthening Stability Electricity Tariff November 2016 119
Nov 03, 2016: PLN Push Improvement of Domestic Component For 35,000 MW Project 120
Oct 20, 2016: PLN and JBIC Signs USD 310 Million Financing Agreement for Development Priok power plant 1 x 800 MW 120
Oct 17, 2016: President Opens 6 Electrical Infrastructure Papua and West Papua 121
Oct 12, 2016: Projects 35,000 MW: 1,000 MW Cilacap Power Plant Groundbreaking 122
Oct 12, 2016: Done Transmission, Electricity Supply PLTMG Bangkanai Reaching Muara Teweh and Buntok 123
Sep 09, 2016: Disbursement of Funds Investment Obtains PLN Rp 12 Trillion and Upsize KMK to Rp 20 trillion from state banks 123
Sep 06, 2016: Strengthen Electricity East Java, PLN Add Capacity 4 Transformer Unit in New Wlingi, New Pacitan, New Lamongan and Kebon Agung 124
Aug 29, 2016: Notice For The Pre-qualification Of Applicants For The Implementation Of Independent Power Producer Projects: PT PLN (Persero) 124
Aug 19, 2016: The groundbreaking Jokowi Make SUTT 70 kV 125
Aug 10, 2016: PT PLN (Persero): Invitation Notice for Pre-Qualification of applicants for the Implementation of Independent Power Producer Projects 126
Aug 09, 2016: SKK Migas: MDA-MBH Gas Project To Start Production In 2018 126
Aug 05, 2016: BP, SKKMigas Ink $3.74bn Loan Deal For Expansion Of Tangguh LNG Facility 127
Jul 29, 2016: Sewatama Develops Mini Hydro Power Plant (PLTM) in South Sulawesi 127
Jul 01, 2016: BP Announces Final Investment Decision To Expand Indonesia’s Tangguh LNG Facility 128
Jun 29, 2016: Three state banks Support Program to Realize PLN 35,000 MW: PT PLN (Persero) 128
Jun 29, 2016: Optimistic to Reach Target PLN 500 kV Transmission Development in Sumatra 129
Jun 28, 2016: PLN cancels tender for 2,000MW power plant in Banten 129
Jun 24, 2016: SKK Migas: HCML To Build Two Offshore Platforms 130
Jun 03, 2016: Jokowi power plant Inaugurates First And Fastest In 35,000 MW Program 130
Jun 02, 2016: Additional 120 MW Power Supply For West Kalimantan 131
Jun 02, 2016: Joko Widodo inaugurates 184MW Arun power plant 131
Jun 01, 2016: President Joko Widodo performs ground breaking of 350MW Mobile Power Plant 132
Jun 01, 2016: ABB to strengthen Indonesia’s power infrastructure and boost electricity supply 133
Jun 01, 2016: 12 Group Rate Adjustment Power in June 2016 134
May 30, 2016: PLN manages to improve the operation of the electricity in Karimun 134
May 25, 2016: GI and SUTT 70 kV Operating Nonohanis, PLN NTT save up to Rp 345.3 Million per Month 135
Apr 22, 2016: New World Bank Program to Increase Electricity Access 135
Apr 21, 2016: Rusatom Overseas and PLN Held Workshop on Russian Nuclear Power Plant Technologies 136
Apr 18, 2016: BP Signs LNG Supply Agreement With PLN 136
Mar 03, 2016: The Government, PLN and IPP Committed to Finish the 35,000 MW Program 137
Feb 03, 2016: ADB Releases Funds for Results-Based Loans to Improve Sumatra Power Grid 137
Feb 01, 2016: PLN Lower Electricity Tariff 137
Oct 20, 2015: SKK Migas: Six Gas Agreements Signed 138
Oct 12, 2015: Energi Mega Persada Received Approved Plan Of Further Development In Bentu PSC Block From The Government 138
Sep 30, 2015: PLN seeks participants for developing 100MW Sulawesi coal power plant 139
Sep 25, 2015: PT PLN (Persero): Notice of pre-qualification for Re-tender of power supply purchase from 2x200MW Meulaboh/Nagan Raya coal fired steam power plant independent power producer project 139
Sep 11, 2015: PLN begins construction of new 100MW power plant in Gorontalo, Indonesia 139
May 04, 2015: Selat Panjang Gas Sales Contract Signed With PT PLN For 5 Years At Fixed Price 140
Apr 02, 2015: Indonesia’s PLN to hold prequalification tender to supply gas for power stations 140
Mar 02, 2015: Kalbar-1 coal-fired independent power producer project re-notice of request for pre qualification 140
Nov 03, 2014: PLN to invest $22.5bn for developing power plants in Indonesia 141
Oct 17, 2014: Indonesia inks five natural gas supply agreements: SKKMigas 141
Jul 28, 2014: ABS Chosen To Class The World’s First CNG Ship 141
Jul 22, 2014: Innovative ADB Loan to Help Unlock Indonesia’s Clean Energy Potential 142
Jul 07, 2014: Announcement on the Declaration of Force Majeure by BPI 142
May 16, 2014: PLN to accelerate construction of new power plants in Indonesia 143
Mar 20, 2014: PLN provides update on Belawan power plant repair in Indonesia 143
Mar 13, 2014: MAXpower Launches First Marine Supplied CNG Power Plant in Indonesia 143
Jan 22, 2014: Wärtsilä’s Indonesian gas power plant projects granted Finnish Export Credit financing 144
Mar 09, 2013: EWC Announces Commercial Operation Of New Siemens Gas Turbine At Sengkang Power Plant In Indonesia 144
Dec 05, 2012: PT PLN To Increase Electricity Import From Malaysia 145
Nov 07, 2012: Sumitomo Completes Construction Of Ulubelu Geothermal Power Station For PT PLN In Indonesia 145
Oct 19, 2012: Marubeni Announces Commercial Operation Of Cirebon Coal-fired Power Plant In Indonesia 145
Aug 15, 2012: Survalent Technology Commissions New SCADA System For PT PLN In Indonesia 145
Aug 14, 2012: CEP Announces Commercial Operation Date Of Coal-fired Power Plant In Indonesia 146
Aug 01, 2012: PLN To Build Electric Vehicle Charging Stations In Jakarta, Indonesia 146
Jul 23, 2012: WIKA To Develop Proposed 40 MW Geothermal Power Project In West Java, Indonesia 146
Jun 22, 2012: Panax Geothermal Announces Finalization Of PPA Negotiations Agreements For Geothermal Projects In Indonesia 146
May 26, 2012: PLN Receives First Gas From FSR Unit In Jakarta Bay, Indonesia 147
Mar 27, 2012: Paiton 3 Power Plant In Indonesia Starts Commercial Operation: International Power 147
Mar 01, 2012: Banyumas Regency In Indonesia To Develop 12 Micro-hydro Power Projects 147
Feb 21, 2012: PT PLN To Commence Operations Of Asam-Asam Coal-fired Power Station In Indonesia In 2012 147
Jan 25, 2012: PLN Names 96 Locations For Development Of 12,800 MW Hydro-power Plants In Indonesia 147
Dec 28, 2011: PT PLN To Run Three New Coal-fired Power Projects In Banten, Indonesia 147
Dec 13, 2011: Madhucon Projects Led Consortium Receives LoI To Set Up 300 MW Coal-fired Power Plant In South Sumatra, Indonesia 148
Sep 21, 2011: Panax Geothermal Provides Update On Its Sokoria Geothermal Project On Flores Island In Indonesia 148
Sep 01, 2011: Arrow Resources Selects Geothermal Power Plant Location In Indonesia 149
May 27, 2011: World Bank Supports New Pumped Storage Power Plant To Meet Indonesia’s Growing Demand 149
May 12, 2011: China Gezhouba To Develop Hydroelectric Power Plant In Indonesia 149
Mar 29, 2011: PT PLN To Explore Possibility Of Building Wind Power Plants In Aceh And East Nusa Tenggara, Indonesia 149
Mar 11, 2011: Indonesian Energy Ministry Orders PT PLN To Purchase Geothermal Power 149
Mar 02, 2011: ADB To Award $500m Loan To Indonesia For Construction Of Three Geothermal Power Plants 150
Nov 22, 2010: PLN To Operate Two Power Plants By Mid-2011 In Jayapura, Indonesia 150
Aug 20, 2010: Lanco Infratech, Bukit Asam Collaborate To Bid For Developing 600MW Coal-Based Power Project In Indonesia 150
Jul 28, 2010: World Bank To Provide $600 Million Loan For Construction Of Upper Cisokan Hydro Power Plant In Indonesia 150
Jul 08, 2010: World Bank To Help Indonesia To Meet Its Growing Electricity Demand 150
Apr 28, 2010: Indonesia To Add 4,000MW Of Geothermal Energy By 2014 151
Apr 14, 2010: MHI To Intensify Paiton Power Station Expansion Project After Signing Project Financing Loan Agreement 151
Mar 30, 2010: Seven Companies Express Interest To Construct Power Plants In South Sulawesi Province, Indonesia 151
Mar 23, 2010: ADB, AFD Provide $100 Million In Loans To Overhaul Indonesian Power Distribution Network 152
Mar 08, 2010: International Power To Finance 815MW Coal-Fired Power Project In Indonesia 153
Mar 08, 2010: JBIC Signs Loan Agreement With Paiton Energy To Fund Paiton Thermal Power Project 153
Mar 08, 2010: JBIC Signs Loan Agreement With PT CEP To Fund Cirebon Thermal Power Project 153
Feb 17, 2010: PLN plans for two gas power plants in Sumatra, Indonesia 153
Jan 21, 2010: PLN secures financing for its power project 154
Jan 14, 2010: Indonesia Issues Presidential Decree For 10,000 MW Acceleration Program 154
Nov 04, 2009: GE Energy Financial Services Makes Loan To Indonesia’s Geothermal Power Plant 154
Oct 21, 2009: Serica Energy Provides Kambuna Operations Update 155
Sep 29, 2009: PLN’s PLTA Tonsea Lama, Tanggari I and Tanggari II May Suspend Operation During Daytime In Indonesia 155
Sep 09, 2009: PLN Plans To Propose Power Rate Hike Of 20-30% 155
Aug 25, 2009: PLN Plans To Construct Power Plant Near $3.7 Billion LNG Project In Sulawesi 156
Aug 21, 2009: Indonesia’s Energy Minister Facilitates Meeting Between Producers, Consumers Of Donggi-Senoro Gas 156
Aug 20, 2009: PT PLN Plans Second 10,000MW Power Program In Indonesia 157
Aug 11, 2009: PLN To Reduce Fuel Purchase From Pertamina 157
Jun 22, 2009: Star Energy To Invest Up To $400 Million To Build Geothermal Plant In Indonesia 157
May 13, 2009: Indonesia Urges PT Medco To Speed Up Geothermal Power Project In North Sumatra 158
May 08, 2009: Total To Begin Supplying LNG To Java, Sumatra In 2012 158
May 05, 2009: PLN Obtains $1.06 Billion Loans From Chinese Banking Institutions 158
Apr 24, 2009: PLN Enters Into Agreement With Regional Banks Over 10,000 MW Electricity Project In Indonesia 158
Apr 15, 2009: ADB And JBIC Provide Fund For PLTP Lahendong Geothermal Power Plant Project In Indonesia 159
Apr 14, 2009: Indonesian Government Sets Geothermal Power Purchasing Price 159
Apr 13, 2009: PLN To Sign $1.4 Billion Loan Agreements With Chinese Banks For Four Coal-Fired Power Plants 159
Apr 03, 2009: Pertamina Geothermal To Restart Karaha Bodas Geothermal Power Plant Project In 2010 159
Feb 10, 2009: PLN Needs $17.25 Billion To Finance Second Phase Of 10,000 MW Power Project 160
Nov 16, 2017: PLN Signs Sale and Purchase Contract for New Renewable Energy with 9 Private Companies 160
Nov 03, 2017: PLN Ready to Sign PPA EBT Generator 640.65 MW 161
Oct 19, 2017: Nebras Power, PLN and PJB sign a Heads of Agreement for a circa 800 MW Gas To Power Project in Sumatra, Indonesia 161
Sep 29, 2017: Pertamina signs agreement with PLN to supply plant with LNG 162
Sep 21, 2017: New power plant with Wartsila generating equipment will boost Indonesia’s clean energy capacity 162
Sep 20, 2017: MAN Diesel & Turbo supplies 264 MW to Indonesia 163
Aug 30, 2017: MHIET Receives Order for 147 Diesel Gensets to Serve as Stand-alone Power Systems in Indonesia 164
Aug 15, 2017: Equis and PT PLN (Persero) sign PPAs for solar projects totaling 42MW in Indonesia 164
Aug 02, 2017: Utilization of EBT, PLN Signed PPA with IPP in 64 Scattered Locations 165
Jul 19, 2017: Marubeni Awarded Combined-Cycle Power Plant Project from PT Indonesia Power (Persero) in Indonesia 166
Jun 12, 2017: BlackGold and China Huadian Take Next Step towards the Joint Development of a 2 X 300 MW Power Plant in Riau 166
May 17, 2017: BP Agrees To Supply 16 LNG Cargoes To PLN Annually 167
Apr 25, 2017: Powerphase and PLN Sign Memorandum of Understanding for Turbophase Application in Indonesia 167
Apr 08, 2017: Signing of Two Contracts Sales and Purchase of Electricity: Electricity Supply PLN Potential to save Rp1.1 Trillion per Year 167
Mar 31, 2017: MHPS to Provide Core Equipment for Re-Expansion of Indonesia’s Tanjung Jati B Coal-Fired Power Plant 168
Mar 29, 2017: Atlantis Resources Limited: Preferred Supplier Agreement for Indonesian Tidal Power Projects 168
Mar 28, 2017: Wartsila to supply, operate and maintain five multi-fuel power plants in Indonesia 169
Jan 31, 2017: Marubeni Corporation to Enter into Power Purchase Agreement for Jawa 1 Gas-Fired IPP Project in Indonesia 169
Jan 17, 2017: CG wins USD105 million order from PT PLN Indonesia 170
Dec 20, 2016: Itron expands electrification in Indonesia with smart payment solution 170
Sep 07, 2016: MHPS Receives Full-turnkey Order for GTCC Power Generation System for Indonesia’s State-owned Electricity Company 171
Jul 26, 2016: Ansaldo Energia awarded contracts in Indonesia worth 80 million euros 171
Jul 21, 2016: PLN Signed Cooperation Waste Utilization Surabaya Into Electrical Energy 171
Jun 30, 2016: Lahmeyer International – Award of EPC Contacts for 17 Power Plant Sites in Indonesia 172
May 30, 2016: EBT amounted to PLN Signs PPA Excess Power 73.6 MW and 42 MW in Sumatra 172
Apr 25, 2016: Sewatama Signed Biogas Plant Power Purchase Agreement with PLN 173
Apr 21, 2016: PLN to develop 150 MWp solar power in East Indonesia 174
Apr 18, 2016: Siemens signs energy cooperation agreements with Indonesia 174
Apr 15, 2016: DEC Signing Indonesia Jatigede Hydro Power Units and the Auxiliary Equipment Contract 175
Apr 11, 2016: Toshiba Wins Order in Indonesia for Ultra-Super Critical Steam Turbine and Generator for Expansion of Lontar Coal Fired Thermal Power Plant 175
Apr 11, 2016: IHI Awarded Indonesia’s Ultra-supercritical Boiler for the Lontar Extension Coal Fired Steam Power Plant -Introducing Japan’s state-of-the-art middle-sized boiler technology into Indonesia 176
Mar 17, 2016: CG wins USD 35 million order from PT PLN (Persero) Indonesia 176
Jan 07, 2016: MHPS Receives Full-turnkey Order for GTCC Power Generation System for Indonesia’s State-owned Electricity Company 177
Dec 28, 2015: China Shenhua Energy Company: Announcement Regarding the Tender Progress of Jawa-7 IPP Project in Indonesia 177
Dec 21, 2015: Tanjung Jati B coal-fired power plant Unit 5 & 6 Expansion Project (2,000MW) 177
Nov 25, 2015: PLN appoints Black & Veatch to build 315 MW Lontar extension 178
Nov 25, 2015: PLN Signs PPA Project Bengkulu IPP power plant 2 x 100 MW 179
Nov 21, 2015: China Shenhua Energy Company Limited: Announcement Regarding the Progress of the Tendering for the Sumsel-1 IPP Project in Indonesia 179
Oct 23, 2015: Marubeni Corporation to Enter into Power Purchase Agreements for Cirebon Expansion Coal Fired Power Plant Project in Indonesia 180
Oct 01, 2015: CG Wins USD 62 Million Order from PT PLN Indonesia for Power Transformers 180
Sep 24, 2015: Contracts Awarded for Construction of Unit 4 of Lontar Coal Fired Steam Power Plant in Indonesia 181
Aug 19, 2015: Consortium of UPC Renewables, SunEdison and Binatek Energi Terbarukan executes power purchase agreement with PT PLN for the Sidrap 70MW Wind Farm, South Sulawesi, Indonesia 181
Jul 29, 2015: PLN selects Black & Veatch to help tackle remote power challenges 181
May 05, 2015: SKK Migas: Three Gas Contracts Signed, State Revenue Potentially Adds RP 3.74 Trillion 182
Feb 23, 2015: CG Wins USD 20 Million Order from PT PLN Indonesia 183
Feb 05, 2015: Wartsila’s Energy Efficient Propulsion System Selected By Indonesian Owner For World’s First Ever Cng Carrier 183
Jan 27, 2015: Indonesian Firms Ink Five Gas Supply Deals Worth $617m 184
Jan 20, 2015: CG Wins USD 26 Million Contract to Reinforce Indonesia’s Grid 184
Nov 04, 2014: Amandment of PPA for PLTU Batang 184
Oct 17, 2014: Adaro Power Subsidiary Signs Power Purchase Agreement With PLN for 2x100MW Coal Fired IPP in South Kalimantan 185
Oct 08, 2014: Sugih Energy to supply natural gas to PLN’s power plant in Indonesia for 15 years 186
Oct 02, 2014: Sokoria project update agreement signed & temporary license granted 186
Sep 23, 2014: Voith to supply Hydraulic Turbine and Generator for Rajamandala Hydroelectric Power Project in Indonesia 186
Jun 24, 2014: The signing of the Head of Agreement PLN PGE About the Basic Price of Geothermal Steam and Electricity Power 187
Mar 14, 2014: MedcoEnergi Signed Gas Supply Purchase Agreement With Panca Amara Utama 187
Oct 10, 2013: Yokogawa Wins Control System Order for Lahendong Geothermal Power Plant in Indonesia 187
Apr 01, 2013: KEC International Secures Power Orders Worth INR9.14 Billion 188
Dec 26, 2012: BP Berau To Supply PLN With 23.96 MMt LNG 188
Dec 10, 2012: ANZ Selected By PLN For Three Hydropower Plants In Indonesia 189
Nov 13, 2012: SERD Enters Into PPA With PT PLN For Rantau Dedap Geothermal Project In Indonesia 189
Oct 04, 2012: PT Supraco Mitra To Build Three Hydro Power Plants In West Sumatra, Indonesia 189
Jul 25, 2012: HSBC To Provide Consultation Services For PLTU Mulut Tambang Sumsel 9 And Sumsel 10 IPP In Indonesia 189
Jul 10, 2012: LBE Enters Into PPA With PT PLN For Banten Coal-fired Power Plant In Indonesia 190
Jul 06, 2012: UPC Signs Heads Of Agreement With PLN For 50 MW Samas Bayu Energi Wind Farm In Indonesia 190
Jul 03, 2012: Wartsila To Supply Dual-fuel Power Plant To Indonesia 190
Jun 18, 2012: TNB To Construct Interconnection Line And Coal-fired Power Plant In Indonesia 191
Jun 12, 2012: Siemens Industrial Power To Supply Steam Turbines To PLN 191
May 25, 2012: BP Signs MoU With PLN To Provide Long-term Gas Supply For Domestic Needs 191
May 01, 2012: Madhucon Sriwijaya Wins Tender To Construct 300 MW Coal-fired Power Plant In Indonesia 192
Apr 14, 2012: PTPP Bags Contract To Establish 100 MW Gas-fired Power Project In Sumatra, Indonesia 192
Mar 08, 2012: Wartsila To Supply Gas Engine-based Peaking Power Plant To PLN In Indonesia 192
Mar 02, 2012: IPR-GDF SUEZ Asia, Supreme Energy And Sumitomo Sign 30-year PPA For Two 220 MW Geothermal Projects In Indonesia 192
Feb 22, 2012: PT PLN Enters Into Contract To Purchase Power Form 130 Micro-hydropower Plants 192
Feb 17, 2012: Krakatau Posco To Pay Premium Rate To PLN For Adequate And Reliable Power Supply 193
Oct 07, 2011: BPI And PLN Execute Power Purchase Agreement 193
Oct 06, 2011: Execution of Long-Term Power Purchase Agreement for a New 2 GW Coal-Fired IPP Project in Indonesia 193
Sep 30, 2011: Alstom Grid Wins Substation Expansion Project In Indonesia 194
Sep 12, 2011: Marubeni Wins Contract For Geothermal Plant In West Java, Indonesia 194
Jul 19, 2011: R.P.P. Infra Passes Pre-Qualification Norms For Mamuju IPP Power Project In Indonesia 194
Jun 28, 2011: Salamander Energy Signs Gas Sales And Purchase Agreement With Persero 195
Jun 20, 2011: J-POWER And ITOCHU Acquire LOI For New Coal-Fired Power Plant In Indonesia 195
Jun 01, 2011: PT Megapower Makmur Receives Two Contracts To Operate Two Power Plants In Indonesia 196
Feb 23, 2011: PT PLN Signs Geothermal Sales Agreement For 20 MW Project In Indonesia 196
Nov 29, 2010: PLN Intends To Select Potential Project Sponsor For Sumbar-1 Mine Mouth Coal-Fired Steam Power Plant In West Sumatera, Indonesia 196
Nov 16, 2010: PLN Intends To Select Potential Project Sponsor For Banten Coal-Fired Steam Power Plant In Banten Province, Indonesia 196
Oct 27, 2010: Itron Wins Contracts To Supply Smart Payment Technology To PLN In Indonesia 197
Oct 12, 2010: Nusantara Regas Signs HoAs For Supply And Distribution Of Gas 197
Oct 05, 2010: PLN To Purchase Gas From PGN For Muara Karanf Power Plant In West Java, Indonesia 197
May 20, 2010: PLN Looks For Five Million Tons Of Low-Quality Thermal Coal 197
May 13, 2010: PLN Intends To Issue Tenders For Procurement Of Coal To Its Thermal Power Plants 198
Feb 18, 2010: Sumitomo to build new geothermal power plant 198
Feb 18, 2010: PLN Awards Contract To Sumitomo To Build Geothermal Power Plant In Indonesia 198
Jan 24, 2010: PLN Awards Gas Supply Contract To Petronas 198
Jan 23, 2010: Pertamina Finds LNG Buyers For Its Floating Terminal In Teluk Jakarta, Indonesia 199
Dec 31, 2009: PT PGN And PT PLN Sign Agreements For Supply Of Natural Gas For Power Plants 199
Aug 29, 2009: Three Gas Sales Contracts Worth $895.26 Million Signed: BPMIGAS Reports 200
Aug 25, 2009: PLN To Buy Gas From Pertamina’s Donggi-Senoro Blocks At $6.16 Per MMBtu 200
Jul 26, 2009: Pertamina EP Signs $3.8 Billion Worth Gas Sales Contract With PLN 200
Jun 28, 2009: PLN Signs Agreement With Agrinergy On CDM Project In Indonesia 200
Mar 23, 2009: PLN Invites Parties To Develop Bali Timur Coal Fired Steam Power Plant 201
Mar 16, 2009: PLN To Buy Power From SEB 201
Dec 23, 2008: PLN Signs Contract With Chinese Consortium For Construction Of Adipala PLTU 202
Aug 06, 2008: Alstom Wins New Combined Cycle Power Plant Contract In Indonesia 202
Jun 08, 2008: PLN To Get Additional 15 MW Power Supply For Nanggroe Aceh Darussalam Province 203
Apr 29, 2008: PLN Signs $888.4 Million Power Contracts To Construct Coal-Fired Power Plants 203
Appendix 204
Report Scope 204
GlobalData Coverage 204
Benchmarking 204
GlobalData’s Methodology 204
Secondary Research 204
Primary Research 205
Contact Us 205
Disclaimer 205
PT PLN (Persero), Key Facts 11
PT PLN (Persero), Operational Metrics, Capacity 12
PT PLN (Persero), Operational Metrics, Generation 12
PT PLN (Persero), Operational Metrics, Transmission 12
PT PLN (Persero), Operational Metrics, Distribution 12
PT PLN (Persero), Operational Metrics, Customers 12
PT PLN (Persero), Operational Metrics, Segmental Information 13
PT PLN (Persero), Operational Metrics, Sales 13
PT PLN (Persero), Wind Farms, Indonesia 14
PT PLN (Persero), Solar PV Parks, Indonesia 15
PT PLN (Persero), Hydro Power Plants, Indonesia 17
PT PLN (Persero), Biopower Plants, Indonesia 22
PT PLN (Persero), Thermal Power Plants, Indonesia 24
Major Products and Services 48
PT PLN (Persero), SWOT Analysis 56
PT PLN (Persero), Key Employees 58
PT PLN (Persero), Subsidiaries 60
PT PLN (Persero), Deals Summary 62
Pembangkitan Jawa-Bali and Masdar to Invest USD300 Million in Cirata Floating solar Power Plant in West Java, Indonesia 64
Nebras Power and Pembangkitan Jawa-Bali to Invest USD800 Million in Gas Fired Power Plant in Sumatra, Indonesia 65
PT PLN Persero to Invest USD2.95 Billion in Coal-fired Power Plant in Banten, Indonesia 66
Perusahaan Listrik Negara to Invest USD248 Million in Hulu Lais I Geothermal Power Plant in Bengkulu, Indonesia 67
Prima Layanan Nasional Enjiniring to Invest USD2.6 Million in Solar Power Plant in Sulawesi, Indonesia 68
Perusahaan Listrik To Invest US$1.2 Billion In Karama Hydro Power Project In West Sulawesi, Indonesia 69
Perusahaan Listrik To Invest US$510 Million In Merangin Hydro Power Project In Jambi, Indonesia 70
Perusahaan Listrik To Invest US$1.2 Billion In Batang Toru Hydro Power Project In North Sumatra, Indonesia 71
Peruahan To Invest US$5 Million In Biomass Power Plant In Indonesia 72
PT PLN And GE To Invest US$5 Million In Biomass Power Project In Sumba, Indonesia 73
Perusahaan Listrik Negara To Invest US$63 Million In Portfolio Of Solar Power Plants In Indonesia 74
PT PLN To Invest US$200 Million In Arun Gas Fired Power Plant In Indonesia 75
Perusahaan Listrik Negara To Invest US$100 Million In Wind Power Project In Indonesia 76
PT PLN To Build US$6,900 Million Gas Fired Power Portfolio In Java, Indonesia 77
PT PLN To Invest US$3,200 Million For Two Coal-Fired power Plants In Java, Indonesia 78
PT PLN To Invest US$1,000 Million For Hydro Power Plant In Sulawesi Selatan Province, Indonesia 79
PT PLN To Invest US$138 Million For Rooftop Solar Power Project, Indonesia 80
PT PLN Completes Project Financing of USD640 Million for Six Geothermal Working Areas in Indonesia 81
Perusahaan Listrik Negara Completes Project Financing of USD435 Million for Eight Mobile Power Plants in Indonesia 82
PT PLN Announces Project Financing Of US$216.7 Million For Two Power Plants In Indonesia 83
PT PLN Announces Project Financing Of US$18 Million For Indramayu Power Plant In Indonesia 84
PT PLN Announces Project Financing Of US$54 Million For Tulehu Geothermal Power Plant In Indonesia 85
Perusahaan Listrik Negara and TJK Power Complete Project Financing of USD237 Million for Tanjung Kasam Coal Fired Power Plant in Batam, Indonesia 86
PT PLN Completes Project Financing Of US$640 Million For Upper Cisokan Hydro Power Project In West Java, Indonesia 87
PT PLN Announces Project Financing Of US$345 Million For Hydro And Solar Power Plants In Indonesia 88
PT PLN Announces Project Financing For Bengkayang Coal Fired Power Plant In West Kalimantan, Indonesia 89
Tenaga Nasional Forms Partnership with PLN to Develop Coal Fired Power Plant in Kalimantan, Indonesia 90
Masdar Forms Partnership with Pembangkitan Jawa-Bali 91
PLN (Persero) Forms Partnership with Halliburton 92
Enel to Form Partnership with PLN Persero 93
