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PT. PLN (Persero):
http://www.pln.co.id
TNB Research

PLN is the only state-owned enterprise in the power sector and ensures that everyone throughout Indonesia has access to electricity. Initially established by President Soekarno on October 27, 1945, PLN has since made rapid progress and in 2015 was recognized as one of the 500 biggest companies in the world (rank 480, Fortune 500).

As a holding company, PLN has attained AAA rating from PT Pemeringkat Efek Indonesia and BBB-, BB, and Baa3 - from Fitch Ratings, Standard & Poor's, and Moody's - in 2015. PLN business has grown to other business sectors through subsidiaries, associate entities, joint ventures, and special purpose vehicle. Within headquarters in Jakarta, Indonesia PLN’s core business remains in electricity supply, especially in power generation, transmission, and distribution.

Nowadays PLN owns and operates 39.562 MW power generation, 48.901 kms transmission lines, 1.028.679 distribution lines, 113.791 MVA substation. Its customer is already exceeding 68 million with more than 25 million using pre-paid meter technology.

 
 
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