Commission XI Of The House Of Representatives Rejects Additional PMN Proposal For PLN, Here's The Reason

Rupiah (Photo: Doc. Antara)

JAKARTA - Commission XI of the DPR RI rejects the proposal for an additional state capital participation budget (PMN) for PT PLN (Persero) worth IDR 10 trillion. Deputy Chairman of Commission XI, Dolfie Othniel said, the proposed injection of funds was rejected on the grounds that the funds submitted had not been urgent.

"The Ministry of Finance will not implement PMN of IDR 10 trillion for PT PLN in the 2024 Fiscal Year," said Dolfie, quoted on Thursday, September 14.

Dolfie also advised PLN to improve its business performance and efficiency for the development of PLN investments as well as prepare a financing scenario to temperature national electricity needs.

Previously in the Working Meeting, the Director General of State Assets of the Ministry of Finance, Rionald Silaban said that he would provide an injection of funds of Rp. 10 trillion for the state-owned stun company.

Later this fund will be used for distribution including village electricity EBT plants and supporting village electricity programs of IDR 6.2 trillion and IDR 3.7 trillion for transmission and substations.

"This PMN is indeed given because there are still 5000 villages in all parts of Indonesia that have not been electrified and basically the need for investment to fulfill the village electricity program in total to meet the 100 percent electrification ratio is IDR 23.95 trillion," said Rionald.

With this celebration, Rionald continued, it is hoped that the increase in the ratio of electricity villages will increase from 91.11 percent in 2022 to 93.68 percent in 2023.

"Also the increase in electrification ratio from 97.53 percent in 2022 to 97.82 percent in 2023," he continued.