Top! PLN Achieves Electricity Sales Revenue Of IDR 311.1 Trillion

JAKARTA - PT PLN (Persero) achieved electricity sales revenue of IDR 311.1 trillion in 2022.

This revenue grew by 7.7 percent from the previous year, which was IDR 288.9 trillion in 2021.

This revenue was supported by an increase in electricity sales by 6.3 percent from 257.6 Terrawat hour (TWh) in 2021 to 273.8 TWh in 2022.

The company also posted a profit of IDR 14.4 trillion in 2022 and is the highest in PLN's history.

The President Director of PLN, Darmawan Prasodjo, explained that the achievements obtained in this post-pandemic recovery situation were the result of changing the perspective of business development.

"We turned a previously passive, static and rigid service model into an active, dynamic, and agile business model," Darmawan said in an official statement, Wednesday, May 3.

PLN also presents innovation through electrifying agriculture, electrifying marine, and the provision of Public Electric Vehicle Charging Stations (SPKLU). This extensification program has not only succeeded in changing the lifestyle from conventional to modern, electricity-based, which is much more efficient and environmentally friendly, but also contributed to the company's electricity sales of 5.13 TWh or equivalent to Rp5.9 trillion.

PLN is also building a new electricity ecosystem through a co-investment scheme with strategic partners to accelerate market penetration in order to provide electricity according to industrial needs.

Through the captive power acquisition program, PLN has also succeeded in inviting many business and industrial customers to switch from using their own power plants to PLN. This program managed to contribute sales of 2.68 TWh or around Rp. 2.7 trillion.

Even though since 2022 world economic growth is projected to slow down, the Indonesian economy has actually grown by 5.3 percent. Even the electricity consumption of the large industrial segment increased by 24.54 percent and large businesses increased by 22.47 percent. This growth in consumption shows an economic revival in the country, especially in the business and industrial sectors," said Darmawan.