“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