Overview of Indonesia Power
Indonesia Power is one of the subsidiaries of PT PLN (Persero), established on October 3, 1995 under the name PT PLN Pembangkitan Jawa Bali I (PT PJB I). On October 8, 2000, PT PJB I changed its name to Indonesia Power to emphasize the Company's goal to become an independent power generation company with a pure business orientation.
The Company's main business activity currently focuses on providing electricity through power generation and providing operation and maintenance services for power plants scattered throughout Indonesia. In addition to managing Power Generation Units, Indonesia Power has 5 subsidiaries, 2 Joint Venture Companies, 1 Associate Company, and 3 Affiliated Companies to support the Company's business strategy and processes.
In 2020, PT Indonesia Power, through its subsidiary engaged in the development of New and Renewable Energy (NRE), PT Indo Tenaga Hijau, developed a Rooftop Solar Power Plant built at the power generation unit of PT Indonesia Power. For more information: Download
Organizational Structure of the Company
Indonesia Power has carried out organizational restructuring that is aligned and focused on excellent execution and can meet the challenges of sustainable company development with the issuance of Directorate Decision 57/K/010/IP/2019 regarding the Indonesia Power Organizational Structure on May 28, 2019 as follows:
Company Group Structure
The following is the Indonesia Power group structure, consisting of 4
Subsidiaries, 1 Joint Venture Company, 2 Associated Companies, as well as 5
Special Purpose Companies (SPCs) and 1 Subsidiary under PT Putra Indotenaga, as
illustrated in the structure below:
Indonesia Power shareholder consists of:
PT PLN (Persero) as much as 1 series of shares of series 1 and 5,215,647,598 shares series 2nd series
Foundation of Education and welfare (YPK) PT PLN (Persero) as much as 1 share of series 2.
Vision of Mission, Core Competence