November 21, 2017 9:41 AM ET

Electric Utilities

Company Overview of Perusahaan Perseroan (Persero) PT Perusahaan Listrik Negara

Company Overview

Perusahaan Perseroan (Persero) PT Perusahaan Listrik Negara, together with its subsidiaries, generates, distributes, and supplies electricity in Indonesia. The company also engages in cogeneration; energy service and management; coal trading; supervision and consultation; trading, construction, mining, and agriculture; engineering, procurement, and construction; finance; and shipping activities, as well as provides electricity and engineering services, and telecommunication services. In addition, the company is involved in the development of geothermal energy and electricity supplies; construction of gas pipelines; and operation of other energy sectors. Perusahaan Perseroan (Persero) PT Peru...

Jalan Trunojoyo Blok M 1/135

Kebayoran Baru

Jakarta,  12160

Indonesia

Founded in 1961

53,955 Employees

Phone:

62 21 726 1875

Fax:

62 21 722 1330

Key Executives for Perusahaan Perseroan (Persero) PT Perusahaan Listrik Negara

President Director
Age: 58
Director of Finance and Director
Age: 64
Head of Commerce Division
Age: 57
Head of Budgeting Division
Age: 49
Head of Internal Supervisory Unit
Age: 59
Compensation as of Fiscal Year 2017.

Perusahaan Perseroan (Persero) PT Perusahaan Listrik Negara Key Developments

Keppel Offshore & Marine Limited Signs Heads of Agreement with Pavilion Energy and PLN to Explore LNG Solutions for Indonesia

Keppel Offshore & Marine Limited has entered into a Heads of Agreement (HOA) with Pavilion Energy and PT Perusahaan Listrik Negara (PLN) to explore opportunities in the development of small-scale Liquefied Natural Gas (LNG) distribution in West Indonesia. The HOA follows the discussion between the Indonesia and Singapore governments regarding bilateral energy cooperation. The HOA intends to leverage on the combined expertise of the companies in the small- scale LNG value chain to distribute LNG in an economic manner to remote areas in West Indonesia. LNG can be delivered to floating and onshore LNG terminals using small LNG carriers, where it is regasified and used to generate electricity at PLN's power plants.

Powerphase and PT Perusahaan Listrik Negara Sign Memorandum of Understanding for Turbophase® Application in Indonesia

Powerphase and PT Perusahaan Listrik Negara have signed a Memorandum of Understanding (MoU) on April 25, 2017. With this agreement, both parties agree to cooperate on a phased implementation plan of Turbophase® Dry Air Injection, beginning with a feasibility study and including two 50 MW projects, followed by a full implementation of 2 GW of additional power. The 2 GW is forecasted to be contracted and installed at existing PLN assets over the next two years.

PLN Plans To Acquire Additional MW Of Electricity

According to PLNs electricity procurement business plan (RUPTL) for the 2017-2026 period, Perusahaan Perseroan (Persero) PT Perusahaan Listrik Negara plans to acquire an additional 632 megawatts of electricity from renewable energy sources this year, almost half of which will come from geothermal power plants. In 2026, PLN plans to acquire an additional 21,560 MW of electricity from renewable energy sources, with 58% of the total coming from hydro power plants.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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