Become The Biggest Planting Company In Southeast Asia, PLN Appoints The Directors Of Nusantara Power And Indonesia Power

PLN President Director Darmawan Prasodjo. (Photo: Doc. PLN)

JAKARTA - PT PLN (Persero) has transformed the company through restructuring Holding and Subholding and appointed the Board of Directors of two Subholding Generation Companys (Genco), namely PT PLN Nusantara Power (Genco 1) and PT PLN Indonesia Power (Genco 2).

This corporate action makes all PLN's generation assets consolidated.

PT Nusantara Power will manage the generator with a capacity of 18.4 gigawatts (GW), and PT Indonesia Power will manage the generator with a capacity of 20.6 GW.

This subholding will become the largest power generation company with the largest capacity number 1 and number 2 in Southeast Asia.

"This restructuring is a strategic step in order to adapt to future changes. Moreover, he added, the company has a target for generating up to 46.4 GW in 2025," said PLN President Director Darmawan Prasodjo in a statement to the media, Friday, September 23.

According to him, PLN must move more agilely, quickly and effectively to strengthen existing businesses in managing and providing energy for the interests of the community to remote areas of the country, develop a wider business, especially in the fields of new and renewable energy.

To accelerate the clean energy transition, Darmawan continued, these two generating subholdings will also have a joint subsidiary focused on geothermal Co with a capacity of 0.6 GW and new renewable energy plants, such as solar power, wind and hydropower (New Energy Co) with a capacity of 3.8 GW.

Darmawan said the presence of the new board of directors would be additional energy to encourage improved performance of subholding and its subsidiaries, so as to expand PLN's business portfolio in the future, responding to challenges such as new and renewable energy.

"To all the directors who have completed their duties, PLN expresses their gratitude and high appreciation for their contribution and thoughts for the progress of PLN. They have all recorded their names in the history of the major transformation of PLN in the future," he concluded.

The following is the composition of the Board of Directors of PT PLN Nusantara Power:

1. Ruly Firmansyah as President Director.

2. Rachmanoe Indarto as Director of Operations for Coal Plants

3. M Yossy Noval A as Director of Gas Plant Operations

4. Muhamad Reza as Director of Business Development and Commerce

5. Dwi Hartono as Director of Finance

6. Employee Aji as Human Capital and Administrative Management Director

The composition of the Board of Directors of PT PLN Indonesia Power:

1. Edwin Nugraha Putra as President Director.

2. Rachmad Handoko as Director of Operations of the Coal Plant

3. Djoko Mulyono as Director of Gas Plant Operations

4. Bernadus Sudarmanta as Director of Business Development and Commerce

5. Endang Astharanti as Director of Finance

6. Wisnoe Satrijono as Director of Human Capital Management and Administration