Subsidiary In Coal Sector To Be Disbanded, PLN: We Are Ready To Implement Government Decree

Illustration. (Photo: Doc. Antara)

JAKARTA - PT PLN (Persero) through the Executive Vice President of Corporate Communication and CSR of PLN Agung Murdifi responded to the issue of the dissolution of its subsidiary, PLN Batu Bara. Agung said the company would implement the government's decision as a shareholder.

"Regarding the subsidiary, PLN Batu Bara, of course, PLN will carry out the government's decision," Agung told VOI, written on Wednesday, January 12.

Agung continued, as a company wholly owned by the state, PLN will take necessary corporate steps in an effort to improve coal governance together with the government in order to build national energy security.

"We believe all of this is a concrete form of efforts to provide reliable and sufficient electricity for all Indonesian people," added Agung.

Previously, Coordinating Minister for Maritime Affairs and Investment Luhut B Pandjaitan confirmed that he would dissolve a subsidiary of PT Perusahaan Listrik Negara (PLN), PLN Batubara.

When met by the media, Luhut explained, the government asked PLN to no longer enter into contracts with traders. For this reason, PLN is required to directly buy coal from mining companies.

"PLN Batu Bara will be dissolved," said Luhut.