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PLN targets halving group entities by 2028

Jakarta (ANTARA) – Indonesia aims to cut the number of PLN Group business entities from 44 to 23 by 2028 as part of a broader push to improve efficiency and strengthen national energy security.“Accelerating transformation and strengthening power system reliability are essential for PLN to support national energy security more effectively,” BP BUMN Head and Danantara Indonesia COO Dony Oskaria said Wednesday.A major focus of the plan is accelerating PLN Group’s streamlining program through consolidation, divestments, portfolio restructuring, and simplification of business structures.Reducing the number of entities from 44 to 23 is intended to improve operational efficiency, strengthen corporate governance, and create a more integrated business structure.The target was discussed during a meeting between Oskaria and PLN executives, which also reviewed implementation of the Electricity Supply Business Plan (RUPTL) and post-disruption system strengthening efforts.PLN reported positive progress under the 2025–2034 RUPTL. Of total planned projects, around 1,634 projects, or nearly 40 percent, have entered the execution stage.The progress reflects PLN’s efforts to accelerate national electricity infrastructure development, including generation facilities, transmission networks, and substations to meet rising demand.Discussions also focused on measures to strengthen the electricity system following recent disruptions in Sumatra.PLN said it continues evaluating and reinforcing the system to improve reliability. Strategic projects include strengthening Sumatra’s backbone network, expanding transmission lines, and increasing generation capacity.Through corporate transformation, faster RUPTL implementation, and grid strengthening, PLN aims to reinforce its role in supporting growth, investment, and Indonesia’s energy transition agenda.