“PLN is the heart of Indonesia. Because electricity is the center of economic growth. That’s why, like or not, industrialization requires electricity.”
Erick Thohir – State-Owned Enterprise, 21 September 2022
Total Assets
In IDR Trillion
PLN has six strong characteristics for Investments
Strong Government Support 
Solid National Fundamentals Driving Strong Electricity
Demand
Well-Positioned For Growth
Efficient Operations with Continuing Improvement
Strong and Stable Credit Statistics
Experienced Board and Management Team
The Government’s robust credit position is expected to continue
its supporting towards PLN’s development, notably subsidy
Strong Indonesia Credit Position
Continuous improvement in credit quality
Source : Central Bureau of Statistics, Ministry of
Finace, Bank Indonesia
Strong Fiscal Position
Source : Central Bureau of Statistics, Ministry of
Finace, Bank Indonesia
Increase in demand for electricity has been driven by Indonesia’s
relatively low per capita consumption where demand is expected to grow annually
about 4.2%
Stable Population Growth
Millions People
Source : World Economic Outlook Database, April
2022
One of the Fastest Growing Economies
Millions People
Source : IMF – World Economic Outlook