Social Service 2023: Spreading Smiles across Jakarta
As a gesture of gratitude for the myriad achievements attained over its 8 years of operation, PLN Nusantara Renewables embarked on a series of corporate social responsibility (CSR) initiatives titled the Social Service Safari and Social Service for Orphanages and Nursing Homes, held from December 4th to December 13th, 2023 iin Jakarta. These CSR activities are integral to the company's commitment to environmental sustainability and community welfare in its operational areas.Social Service Safari – December 4th, 2023To commemorate its 8th anniversary, PLN Nusantara Renewables organized a Social Service Safari, distributing 88 basic food packages valued at IDR 800,000 each to those in need, particularly the homeless, across various locations including Pasar Minggu, Cilandak, Kemang, Tanjung Barat, Lenteng Agung, and Pejaten.Social Services for Orphanages and Nursing Homes – December 5th to 13th, 2023In celebration of 8 years of business continuity, PLN Nusantara Renewables extended its gratitude by providing aid packages to 8 orphanages and nursing homes in DKI Jakarta. The recipients of this year's social service activities included:Foundation for Orphans and the Poor, Pasar MingguThe aid distributed consisted of snacks, stationery, and clothing for elementary and middle school children.Tebet OrphanageThe aid distributed consisted of snacks, stationery, children's clothing, reading materials, and monetary assistance.Kasih Mandiri Orphanage, Pasar MingguThe aid distributed consisted of snacks, stationery, children's and toddler clothing, bags, and blankets.Kasih Abba Orphanage, ParungThe aid distributed consisted of snacks, bedding, tissue, diapers, and children's t-shirts.Nursing Home/Sasana Tresna Werdha CiracasThe aid distributed consisted of biscuits, blankets, adult t-shirts, toiletries, and reading materials.Elsafan Home for the BlindThe aid distributed consisted of snacks, clothing, tissues, vitamins, and children's t-shirts.Friends of the Orphans Dormitory Orphanage, JagakarsaThe aid distributed consisted of Al-Qur'an, Juz Amma, Iqra, stationery, headscarves, and long-sleeved shirts.Mizan Home, Pasar MingguThe aid distributed comes in the form of monetary support for operational expenses.The presence of PLN Nusantara Renewables was warmly received at each of these facilities, evoking joy and gratitude from both caretakers and residents. Such initiatives underscore the company's unwavering commitment to operating with a high degree of social responsibility, ultimately fostering the prosperity and well-being of the surrounding communities.
PLN Nusantara Renewables' Sustainable Commitment to Create a Stunting-Free Generation
Stunting, a condition characterized by growth failure in children due to inadequate nutritional consumption during pregnancy and the first 1,000 days of life, remains a pressing issue in Indonesia. According to stunting.go.id, in 2022, the national stunting prevalence rate reached 21.6%, indicating that 2 out of every 10 children in Indonesia experience delays in growth and development.Recognizing the severity of this issue, the Government of the Republic of Indonesia has prioritized the "Accelerating the Reduction of Stunting in Under-fives" program in its 2020-2024 National Medium Term Development Plan, aiming to reduce the prevalence rate to 14% by the end of the period. Various strategies have been employed, including enhancing access to nutritious food, providing nutritional education for pregnant and breastfeeding mothers, community-wide campaigns emphasizing the importance of nutrition, and investing in health infrastructure. Additionally, targeted intervention services are offered to directly address stunting causes, led by Posyandu health cadres. These services encompass boosting nutritional intake for pregnant women with chronic energy deficiency, administering blood supplement tablets to pregnant women and teenage girls, offering complementary feeding to children aged 6-23 months, monitoring the development of children under five, and enhancing nutritional intake for malnourished children, among others.Health cadres serve as the backbone of the stunting reduction program, functioning as extensions of the Government, Health Service, and Community Health Centers. They play pivotal roles in developing, assisting, and reporting on the progress of stunted children and those at risk of stunting on a monthly basis. Consequently, PLN Nusantara Renewables is committed to enhancing the capacity of these cadres, in alignment with its dedication to societal well-being.On December 7, 2023, in conjunction with National Health Day, PLN Nusantara Renewables played an active role in accelerating the reduction of stunting prevalence rates in the Cilandak District through its CSR program. The company provided financial support by offering prizes for a quiz event targeting health cadres. Additionally, it supplied cooking equipment to bolster educational initiatives aimed at addressing stunting in the community.This support is an integral component of PLN Nusantara Renewables' CSR program and is in line with the company's 8th Anniversary theme, "Greenfinity through Sustainability," which underscores the interconnected aspects of people, profit, and planet. Through these initiatives, the company exemplifies its dedication to the sustainable well-being of communities, fostering prosperity and productivity among its stakeholders.
Power Purchase Agreement Ratified, PLTS Terapung Tembesi Prepares to Sell Green Electricity to PLN Batam
Power Purchase Agreement Ratified, PLTS Terapung Tembesi Prepares to Sell Green Electricity to PLN BatamPT PLN Nusantara Power (PLN NP) and PT TBS Energi Utama have signed an Electricity Sale and Purchase Agreement with PT PLN Batam for the PLTS Terapung Tembesi Batam 35 MWac project, equivalent to 46 MWp. The agreement, inked on Monday, February 12, 2024, has a term of 25 years. According to the Regulation of the Minister of Public Works and Public Housing (PUPR), the government permits up to 5% of the reservoir area for the construction of floating solar power plants. Consequently, the second-largest floating PLTS in Indonesia will be erected on part of the Tembesi Reservoir, covering a land area of 864 hectares. PLTS Terapung Tembesi is estimated to require an investment of IDR 481 billion. This project will be developed by PLN NP and TBS through their affiliates, namely PT PLN Nusantara Renewables (PLN NR) with a 51% ownership share and PT Batam Tirta Surya with a 49% ownership share. The goal is to complete the construction of the New Renewable Energy (EBT) plant's first phase by the end of 2024, with overall completion expected in March 2025 to electrify industrial areas in Batam.Hartanto Wibowo, Director of Corporate Planning and Business Development at PT PLN (Persero), stated that PLTS Terapung Tembesi is anticipated to act as a catalyst in attracting foreign investment to Batam Island, thereby bolstering the local economy and sustainable energy infrastructure. Moreover, if other reservoirs such as Duriangkang Reservoir and Sei Harapan Reservoir are utilized, Batam could potentially generate 1 GW of EBT-based electricity. Ruly Firmansyah, Main Director of PLN NP, emphasized that this project serves as a prototype for developing EBT generators outside Java. "Following the successful inauguration of PLTS Terapung Cirata, we aspire to replicate similar projects in several other reservoirs throughout Indonesia," he remarked. To expedite the energy transition, Firmansyah stressed the urgent need for the development of EBT plants across the archipelago.
2024 RUPS RKAP: PT PLN Nusantara Renewables Ready to Conquer Challenges and Increase Achievements
Jakarta, Indonesia – PLN Nusantara Renewables (PLN NR) convened a General Meeting of Shareholders to discuss the Company's Work Plan and Budget (RUPS RKAP) for the 2024 Fiscal Year on Wednesday (31/01) at The Tribrata Ballroom, South Jakarta. During the meeting, the board of directors presented financial targets, project progress updates, strategies for financial optimization, business development plans, and operational performance projections for 2024 before PLN Nusantara Power and YK PJB, the company's shareholders.The directors outlined their projections, indicating a targeted increase in net profit of 9% in 2024 compared to 2023, with a simultaneous 11% growth in total assets. On the operational front, it was reported that PLTS IKN 50 MW is slated to be operational and expected to sell 7.73 GWh of electricity in 2024.Human resources (HR) emerged as a focal point during the question and answer session. The Director of Human Capital Management and Administration of PT PLN Nusantara Power emphasized the importance of building a competency directory to facilitate talent mobility within the PLN Nusantara Power Group and Joint Venture Company, considering the specific business model of PLN Nusantara Renewables. This input aligns with the ongoing HR talent development program within the company.PLN Nusantara Renewables expressed confidence in meeting the financial, business development, and operational targets outlined during the meeting. The company remains hopeful that the 2024 fiscal year will proceed smoothly, meeting the expectations of all stakeholders and contributing to a greener and more sustainable Indonesian electricity industry.
Handover of the Positions of President Commissioner and Directors of PLN Nusantara Renewables
Jakarta, Indonesia – On January 9, 2023, PLN Nusantara Renewables conducted a formal handover ceremony for the new President Commissioner and Board of Directors. This event marked the conclusion of the tenure of Mrs. Yama Bellatrixiana as President Commissioner, Mr. Amir Faisal as President Director, Mr. Wirawan as Operations Director, and Mr. Ponti Silitonga as Finance Director.Effective from January 1, 2024, as per the Shareholders' Decision outside the General Meeting of Shareholders (Circular) signed on December 27, 2023, leadership roles within PLN Nusantara Renewables have transitioned to:· Mr. Muhammad Bardan as President Commissioner· Mr. Harjono as President Director· Mr. Kuswara as Operations Director· Mr. Rudy Hertanto as Finance DirectorIn his speech, Mr. Amir Faisal expressed his gratitude for the invaluable lessons learned during his tenure as President Director of PLN Nusantara Renewables and extended his best wishes to the new leadership. He remarked, "We are proud to have completed the PLTS Terapung Cirata project before the end of our term. I am confident that under the guidance of the new Board of Directors and Board of Commissioners, PLN Nusantara Renewables will continue to excel and embark on even more prestigious projects in the future."Mr. Harjono, the newly appointed President Director, also shared his vision for the future, stating, "There are numerous projects ahead, including PLTS IKN and Tembesi. We earnestly seek the support of all stakeholders to ensure that the groundwork laid by the previous leadership can be realized according to the expectations of our shareholders."
Vibrant Celebration of the 8th Anniversary of PLN Nusantara Renewables
Jakarta, December 18, 2023 – The culminating event of the 8th Anniversary celebration of PLN Nusantara Renewables reached its pinnacle last Monday (18/12). Held at The Tribrata Darmawangsa, the celebration was a modest yet heartfelt expression of gratitude for the company's remarkable journey spanning eight years.The event welcomed shareholders represented by PLN Nusantara Power, subsidiaries, and affiliated companies—SGPJB, GHPJB, NSHE, PMSE, and SSPewali—alongside esteemed business partners, as well as the entire Board of Commissioners, Directors, and employees of PLN Nusantara Renewables. To infuse the atmosphere with even more vibrancy, guests were encouraged to don their finest party attire and showcase their best makeup.Themed "Greenfinity through Sustainability," the event unfolded over 1.5 hours from 19:30 to 21:00 WIB. Festivities commenced with a futuristic percussion performance, followed by welcoming remarks from the guests of honor, an engaging quiz with door prize giveaways, a captivating Bada Lohor cabaret performance, and concluded with a symbolic cake-cutting ceremony, signifying the celebration and the company's aspirations for the future. Mr. Dwi Hartono, Finance Director of PLN Nusantara Power, shared his hopes for the upcoming year for PLN Nusantara Renewables, stating, "The achievements attained in 2023, particularly the inauguration of PLTS Terapung Cirata by the President of the Republic of Indonesia and the receipt of dividends from PLTU Jawa 7, are expected to lay a strong foundation for PT PLN Nusantara Renewables to further spread its wings, prioritizing the spirit of sustainability to achieve Green Infinity or Environmental Sustainability."
Healthy Morning at PLN Nusantara Renewables
It wouldn't be an exaggeration to say that workers in Jakarta "rarely" see sunlight on weekdays. Many employees begin their journey to the office before dawn, only to return home long after dusk.With such a work rhythm and limited time, it's natural for employees to overlook prioritizing healthy food in their daily routines. With minimal access to balanced meals at work, employees often opt for low-nutrient, high-calorie foods that are convenient and filling. Unfortunately, coupled with a lack of daily physical activity, this increases the risk of obesity, diabetes, and heart disease among workers.Regrettably, poor health conditions are not uncommon among PLN Nusantara Renewables employees. Medical checkup results frequently highlight elevated cholesterol and uric acid levels. Additionally, among the 28 directors and staff, only 21% have a "normal" nutritional status, with the remainder classified in pre-obesity, obesity 1, and obesity 2 stages.In an effort to address and prevent further deterioration of this condition, the company launched a program called Healthy Morning on Friday, December 1, 2023. This initiative is part of the 8th Anniversary celebration of PLN Nusantara Renewables and involved collaboration with Dietela, a nutrition consulting company, to deliver material titled "Starting a Healthy Life" and assess employees' nutritional conditions. Beyond assessing nutritional conditions and lifestyle, Dietela's nutrition experts have devised personalized meal plans to guide staff in regulating the types, portions, and frequency of meals. These meal plans are tailored to each participant's health conditions and targets, and their implementation will be monitored over an 8-week period. The goal is for participants to cultivate healthier living and eating habits, ultimately achieving a more ideal body condition by the end of the program.
Joint Expedition of PLN Nusantara Renewables to Reach Leuwi Asih Waterfall
On Saturday (16/12), dozens of PLN Nusantara Renewables Group employees embarked on a journey through the Pakis Valley in the Gunung Pancar Tourism Park area, Sentul, with a single objective: to reach the majestic Leuwi Asih Waterfall. This excursion marked the celebration of the company's 8th anniversary, which falls on December 18, 2023.Dubbed the "Fun Walk with PLN Nusantara Renewables Group," the morning commenced with ice-breaking activities and a warm-up session. Equipped with trekking poles, the participants were then guided to board a pickup truck, which transported them to the starting point of the hike. Notably, there were no distinctions between PLN Nusantara Renewables-APPA and Director-Staff in the vehicle; all mingled together in eight small groups, unified in their quest to achieve the common goal.Setting off from the starting point, participants trekked for three hours under the radiant Sentul sun. Despite encountering rocky paths, bridges, inclines, descents, and rice fields, the 63 participants sported cheerful smiles, their green T-shirts adorned with the emblem of "PLN Nusantara Renewables," drenched in sweat. Upon reaching the chilly waters of Leuwi Asih Waterfall, the group indulged in a refreshing break before returning to Pakis Valley for a lunch event featuring a picnic & barbeque party. During the gathering, participants relished grilling an array of meats, chicken, sausages, and fish, fostering camaraderie and togetherness. Additionally, the company generously distributed 30 door prizes, ranging from vouchers to bicycles, amplifying the lively and warm atmosphere of the occasion.
President Joko Widodo Inaugurates PLTS Terapung Cirata: The Largest Solar Power Plant in Southeast Asia
Purwakarta, Indonesia — PLTS Terapung Cirata, situated in Purwakarta Regency, West Java, was inaugurated by President Joko Widodo on Thursday (09/11/2023). This solar power plant, boasting a capacity of 192 Megawatt peak (MWp), stands as one of Indonesia's National Strategic Projects in the realm of energy transition. The inauguration event, graced by Indonesian government officials, the PLN Group, and partner companies, also welcomed the Minister of Foreign Trade of the United Arab Emirates, Dr. Thani bin Ahmed Al Zeyoudi. He expressed hopes that this project would serve as a catalyst for closer bilateral relations between the two countries and stimulate economic growth for the surrounding community. Spanning across a reservoir area of 200 hectares, this power plant claims the title of the largest in Southeast Asia and ranks third globally. Its realization stems from collaborative efforts between the Ministry of Energy and Mineral Resources, the Ministry of State-Owned Enterprises (BUMN), PLN, and Masdar – a renewable energy company from the United Arab Emirates. The introduction of this floating solar power plant in the Cirata area is poised to bolster the production capacity of the plant, currently standing at 1,000 MW. "In Cirata, we already have a hydroelectric power plant with a capacity of 1,000 MW, and now we are adding a floating solar power plant of 192 MWp. In the future, with full optimization, it could potentially add approximately 1,000 MWp," remarked President Joko Widodo. From an environmental perspective, PLTS Cirata is expected to contribute to the reduction of 214,000 tons of CO2 and generate 245 GWh of green energy annually. This significant stride brings Indonesia closer to achieving net-zero emissions. President Joko Widodo expressed optimism regarding the future of new renewable energy (EBT) in Indonesia, encompassing wind power, geothermal, and hydropower. However, he acknowledged the challenges inherent in this energy transition. "The challenge lies in the fact that potential EBT locations are often distant from urban centers. To address this, we can develop solutions such as transmission lines, enabling potential EBT sources in Sumatra, Kalimantan, and Sulawesi to meet the electricity demands of economic hubs," the head of state emphasized.
1,000 Mangrove Seeds from PT PLN Nusantara Renewables Ready to Absorb 29.3 Tons of CO2!
North Jakarta, Indonesia – Last Thursday (30/11), PT PLN Nusantara Renewables celebrated a milestone with the successful planting of 1,000 mangrove tree seedlings (Rhizopora Sp.) in the Angke Kapuk Mangrove Nature Tourism Park area in North Jakarta. This initiative is a testament to the company's commitment to environmental stewardship and corporate social responsibility (CSR). Collaborating with Jejakin, an organization providing a platform for calculating carbon footprints, PT PLN Nusantara Renewables assumes the role of provider and manager of these mangrove plants. Mangrove plants, also known as Mangroves, play a vital role in mitigating climate change. One of their most significant contributions is their ability to absorb carbon dioxide emissions caused by human activities.Their sequestration capacity, four times higher than other tree species, underscores their effectiveness in capturing and storing CO2 over extended periods. This significantly contributes to the reduction of greenhouse gases in both the atmosphere and oceans. Furthermore, mangrove plants also play a crucial role in maintaining coastal ecosystems. With their strong roots, mangrove trees reduce the impact of tides on the coastline, preventing the erosion of sand and mud from the beach into the sea. Additionally, these roots provide habitats for various species of fish, shrimp, crabs, and other animals, which serve as a source of livelihood for local fishermen. Over a lifespan of eight years, 1,000 mangrove plants are estimated to absorb 29.3 tons of CO2, equivalent to the emissions of a car traveling 461,907 km. To ensure the achievement of emission absorption targets, PT PLN Nusantara Renewables collaborates with Jejakin, which provides a dashboard to monitor levels of carbon absorption, water infiltration, soil quality, and air quality within the planting areas. This comprehensive approach ensures the enduring positive impact of mangrove trees for years to come.
PLTS Terapung Cirata's Latest Achievements at the 2023 Enlit Asia Event
Enlit Asia 2023 stood as the premier exhibition and conference for the energy and electricity sector in ASEAN. All entities within the energy and electricity supply chain, spanning from power generation, digital transformation, energy transformation, transmission and distribution, renewables, energy storage, EV infrastructure, to consumers, actively participated in the event held from November 14th to 16th, 2023. Simon Hoare, Portfolio Director of Energy for Clarion Events Asia, explained, “At Enlit Asia, we aim to drive greater collaboration across the industry by connecting and engaging all stakeholders in the energy sector in Asia. Starting from regulators, technology providers, to energy consumers, bringing an international perspective on one platform to take action towards a sustainable energy future in Asia." On Tuesday, November 14th, a gala dinner was held alongside an awards ceremony for the "Power Energy Award," attended by representatives from ASEAN electricity and energy companies. The ceremony featured 12 categories of recognition. Among them, PLTS Terapung Cirata, a project managed by PT PMSE (Pembangkitan Jawa Bali Masdar Solar Energi), a Joint Venture Company (JVC) owned by PT PLN Nusantara Renewables and Masdar, received nominations in the Power Plant of the Year and Renewable Energy and Sustainability Project of The Year categories. The project, inaugurated on November 9th, 2023, won the Renewable Energy and Sustainability of the Year category. This accolade is awarded to New Renewable Energy (EBT) and hydrogen energy projects that have achieved significant progress and successfully implemented reliable and sustainable energy solutions. This PLTS (Solar Power Plant) adopts smart grid technology, combining solar panel technology with artificial intelligence and an intelligent electricity grid, with the hope of managing solar energy more intelligently and efficiently. In his speech, Ruly Firmansyah, The President Director of PT PLN Nusantara Power, expressed his gratitude for the collaboration of various parties in the construction of this power plant. “We feel proud to be the team chosen to develop green energy in Indonesia. In the future, we are committed to inheriting a greener earth for future generations," said Firmansyah.
Groundbreaking of PLTS IKN 50 MW in IKN: Green Energy For A Green City
Penajam Paser Utara, East Kalimantan – President Joko Widodo marked a historic moment by laying the foundation stone for the Nusantara Capital City Solar Power Plant (PLTS IKN), boasting a capacity of 50 Megawatts (MW), in the Nusantara Capital City area, commonly referred to as IKN, in East Kalimantan, on Thursday (2/11/2023).PLTS IKN stands as a pioneering initiative in generating New Renewable Energy (EBT) for the new capital. This collaborative project between PT PLN Nusantara Renewables and PT Sembcorp Renewable Indonesia is slated to commence operations in the second quarter of 2024.Furthermore, the IKN PLTS, boasting a 50 MW capacity, is equipped with a Battery Energy Storage System (BESS). This cutting-edge system captures renewable energy, storing it in batteries for future use."Currently, the most prevalent implementation of BESS is in energy storage systems for hybrid power plants with new renewable energy (EBT), such as PLTS Bawean, PLTS Terapung Cirata, and PLTS IKN," stated Ruly Firmansyah, President Director of PLN Nusantara Power.Embracing the forest city concept, with 75% of the area comprising green spaces, IKN aspires to become a net-zero emissions capital city. The construction of this power plant underscores the government's commitment to fostering an environmentally friendly electricity system. It is estimated that this PLTS will slash emissions by up to 104,000 tons of CO2 annually, generating around 93 Gigawatt-hours (GWh) of green energy per year to cater to all electricity needs in IKN. President Joko Widodo also emphasized the scalable power generation capacity at IKN, adaptable to regional requirements and developments. "In addition to harnessing solar power, the Managing Director of PT PLN also mentioned plans to harness the hydro potential around IKN," President Widodo explained. This reaffirms IKN's dedication to relying on new, renewable energy sources capable of delivering reliable, clean electricity without environmental harm.
Welcoming The New Leadership Era of PLN Nusantara Renewables
Starting January 1st, 2024, according to The Shareholder’s Decision Outside the General Shareholders Meeting (Circular) signed on December 27th, 2023, the leadership baton at PLN Nusantara Renewables has shifted towards the new era of leadership. We extend a warm welcome to Mr. Harjono as the President Director, Mr. Kuswara as the Director of Operations, Mr. Rudy Hertanto as the Director of Finance, and Mr. Muhammad Bardan as the President Commissioner. Hopefully, the new era of leadership will provide fresh insights for achieving the company’s goals and driving growth in the renewable energy sector. We would also like to express our utmost gratitude to our former leaders-- Mr. Amir Faisal as the President Director, Mr. Wirawan as the Director of Operations, Mr. Ponti Silitonga as the Director of Finance, and Mrs. Yama Bellatrixiana as the President Commissioner—who had guided the company towards its valuable successes. We look forward to a brighter future in this new era of PLN Nusantara Renewables. We are confident that the company will continue to build a sustainable and impactful portfolio in the field of green energy electricity. May the close collaborations between the leaders and all employees lead the company towards even greater achievements in the energy transition process.
PLN Nusantara Renewables Achieved the Best of The Best Booth Award at Nusantara Power Connect 2023
On 11-12 September 2023, PLN Nusantara Renewables as part of the PLN Nusantara Power Group, participated in the Nusantara Power Connect 2022: Strengthening The Base, Expanding The Business event held at the Jakarta Convention Centre. The Nusantara Power Connect 2022 event is an annual activity of PLN Nusantara Power which is held regularly as a forum for the PLN Nusantara Power Group to meet, interact and optimise efforts to illuminate the archipelago with various electricity activists.PLN Nusantara Renewables as the investment arm of PLN Group and PLN Nusantara Power, certainly participated in introducing the new face of the company in this activity by developing an interactive booth that provides an opportunity for all stakeholders to get to know the company deeper. Under the name “Renewables”, we strive for innovation to present an environmentally friendly booth, with no paper brochures and flyers, eco-friendly souvenirs and technology optimisation to present visualisations of our cutting-edge projects. Unmitigated, in this event, PLN Nusantara Renewables won the award as Best of The Best Booth Nusantara Power Connect 2023. Our success in getting this award is certainly inseparable from all stakeholders who always inspire us to continue to innovate and create to provide our best dedications. It is our hope that this step of innovation and creation will always continue and develop for the advancement of Indonesian electricity.
Promoting Earth Sustainability, PT Pembangkitan Jawa Bali Investasi is now transformed into PT PLN Nusantara Renewables.
As a form of follow-up to the direction of the Shareholders of PT Pembangkitan Jawa Bali Investasi at the General Meeting of Shareholders of the Annual Accountability Report (GMS LPT) of PT PJBI for the Financial Year 2022 in the form of the Company being asked to change the name of the Company’s legal entity so that it is aligned with the New and Renewable Energy (EBT) development strategy, on July 20th, 2023, PT Pembangkitan Jawa Bali Investasi has legally changed its name to PT PLN Nusantara Renewables. This change is in support of the PLN Group’s green transformation and the Government of Indonesia’s program to achieve net zero emissions by 2050 through the optimisation of green energy use. Now, PT PLN Nusantara Renewables is establishing itself to transition as the PLN Group’s investment vehicle for the development of new and renewable energy Independent Power Producer (IPP) through the development of clean energy-minded talents, building a green investment portfolio and optimising the management of life sustainability investments. All of these efforts are a tangible form of the company’s concern to prioritise the sustainability of the earth to offer a better life for future generations. PT PLN Nusantara Renewables also participates in opening partnership doors for strategic partners with one vision, which is the sustainability of life. Together with PT PLN Nusantara Renewables, let’s make transition to the green energy together!
Achieve Blessings through Qurban with the PJBI Group
Commemorating Eid al-Adha 1444 hijri, PJBI, together with all subsidiaries and affiliated companies donated sacrificial animals in the form of 34 cows and 21 goats. These sacrificial animals have been distributed to the needy community spread across 4 projects under PJBI management as well as around the PJBI office. This program is a form of the company’s concern for the surrounding environment as well as a platform to get to know our stakeholders, namely the community around the office and also PJBI projects. May the blessings always be with us.
Stakeholder Management as a Key to a Successful Income Generation
As an electricity investment company that currently focuses on developing commissioned projects, establishing good communication with subsidiaries and affiliated companies, partners, shareholders and various other stakeholders, coordination is a necessity that is always being prioritized.The achievement of PJBI's net profit of 137% of the plan in 2022 cannot be separated from the contribution of revenue from PJBI’s investment in all Subsidiaries and Affiliated Companies. PLTU Jawa 7 as the only power plant under PJBI management that is already in the operating phase, managed to provide the highest contribution of Rp718.32 B through the SGPJB and Rp269 million through the GHPJB. On the other hand, in 2022 PJBI received its first dividend from PLTU Jawa 7 of Rp107.4 billion. This achievement did not escape the participation of PJBI in bridging communication and coordination with China Shenhua as a fellow shareholder in PT SGPJB and PT GHPJB, PLN as an off-taker and PLN Nusantara Power as a shareholder of PJBI. Meanwhile, good communication with the ultimate shareholder in NSHE, namely SDIC, also took place successfully which resulted in positive development performance of PLTA Batang Toru and contribution of operating income of Rp103.75 Billion. From 2 other projects, namely SSPewali as JVC of PLTU MT Sumbagsel 1 and PMSE as JVC of Cirata Floating Solar Power Plant, good communication was also established through strategic achievements in development performance and contribution to operating income of Rp1.28 Billion and Rp68.83 Billion, respectively.Even more so, PJBI’s journey with the vision of being a World Class Electricity Investment Company still needs to be developed. For us, the Learning Curve will always be rolling to create continuous progress in making the best contribution to Indonesia and the world. The direction from PLN Nusantara Power as the majority shareholder of PJBI is also important as we learnt to ensure every step taken by PJBI is in line with the vision and strategic direction of the shareholders, which will contribute greatly to the Government of Indonesia's target for electricity development. Thank you to all PJBI Subsidiaries and Affiliated Companies, Partners, Shareholders, Regulators and all other stakeholders for their support and good communication during 2022. Hopefully, all communication and synergy will be well maintained to provide clean energy for the progress of the nation.
At a Young Age with a Lean Organisation, PT PJBI Successfully Contributed 16% to PT PLN Nusantara Power's Net Profit June 26th, 2023
On Friday, June 23rd, 2023, a General Meeting of Shareholders was held to approve the Annual Report and Ratification of the Financial Statements of PT PJBI for the Financial Year 2022. With a lean organisation consisting of 3 Directors and a total of 21 employees and only 7 years old at the end of 2022, PT PJBI managed to make various achievements including the achievement of Net Profit of Rp1 Trillion, Operating Revenue of Rp892.15 Billion, Assets of Rp8 Trillion and the highest performance achievement of 102.73. The achievement of this net profit contributed 16% to the achievement of PT PLN Nusantara Power's net profit.As a matter of course, this achievement cannot be separated from the contribution of intensive direction from PLN Nusantara Power as PJBI’s shareholder, the supervision of the Board of Commissioners and the enthusiasm of all elements of the company and stakeholders who support the development of the Company. PJBI is grateful and thankful for all the support given in every step in 2022. For the achievements in 2022, PJBI will continue to strive to expand its wings, fly higher and synergise with all stakeholders to fully contribute to Indonesia’s electricity investment, especially the utilization of New and Renewable Energy. PJBI is ready to accelerate as the motor of PLN Nusantara Power’s investment to achieve its vision as a leading and trusted company in the sustainable energy business in Southeast Asia.
PJBI along with Total Eren and Adaro Power sign a Power Purchase Agreement with PLN for Indonesia’s First BESS Technology Wind Farm (PLTB)
The considerable potential of wind energy in Tanah Laut, South Kalimantan is a driving force for PLN to carry out the procurement of the 70 MW Wind Power Plant (PLTB) Project. This project will be the first Wind Power Plant in Indonesia equipped with 10 MWh of Battery Energy Storage System technology. Procurement of this project has been carried out with a mandatory partner scheme in which the procurement winner will partner with PJBI as an investment subsidiary of PLN Nusantara Power. PLN has determined the Total Eren and Adaro Power Consortium as the winner of the tender with the signing of the Letter of Intent (LoI) on 15 November 2022. As a follow-up, on Thursday, 04 May 2023, the signing of the Power Purchase Agreement (PJBTL) for the 70 MW PLTB Tanah Laut with 10 MWh BESS between PLN and Total Eren - Adaro Power - PJBI was held at the Auditorium Room, PT PLN (Persero) Head Office.The construction of the PLTB Tanah Laut is targeted to begin in early 2024 and is expected to reach Commercial Operation Date (COD) in 2025. In the first year of operation, the project is expected to generate 158 GWh of electrical energy, increasing to 196 GWh in the second year and beyond. It is expected that this energy utilization will contribute to reducing the amount of CO2e emissions by 220,000 tons per year.The implementation of the signing of the 70 MW of PLTB Tanah Laut PJBTL with 10 MWh BESS is a manifestation of PJBI's commitment as part of the PLN Group in supporting Indonesia's commitment to achieve the expected energy mix target through accelerating the clean energy transition.
PLTU Jawa 7 Won the Gold Award of National Quality Engineering
The China National Quality Engineering Award is the highest award in the field of construction engineering in China, which has been organized since 1981 by the Chinese government. The China National Quality Engineering Award consists of the National Quality Engineering Award and Gold Award of National Quality Engineering categories.The Gold Award of National Quality Engineering is the most prestigious award in the field of engineering construction. Only engineering construction projects (including related projects in the areas of energy, construction, urban planning, transportation, water conservancy, mining, and so on) with the best cutting-edge design, construction, management, operation, and performance have the opportunity to compete for this award and become representatives of the highest level and latest achievements of Chinese engineering construction.PLTU Jawa 7 was built under the Independent Power Producer (IPP) scheme in collaboration between PT PJB Investasi and China Shenhua Energy. PLTU Jawa 7 is a coal-fired steam power plant that uses new Ultra Super Critical (USC) boiler technology with an installed capacity of 2x1,050 MW and is the first Coal-Fired Power Plant (PLTU) with the largest installed capacity per unit in Indonesia that is highly efficient and low in emission, and is the best environmentally friendly power plant invested by China.Since the signing of the Power Purchase Agreement (PPA) in 2016, the PLTU Jawa 7 Construction Team has been determined to achieve the Gold Award of National Quality Engineering by upholding the spirit to achieve the best at every stage of the PLTU Jawa 7 construction development. They dare to innovate, make optimal efforts, so as to successfully build a thermal power plant construction project with the best design, which is safe, high quality, efficient, and environmentally friendly. In January 2023, PLTU Jawa 7 won the Gold Award of National Quality Engineering from the Chinese government. PLTU Jawa 7 has also won a number of other international awards, including the Asian Power Awards 2021 Gold Award for the Coal Power Project of the Year category and the Fast-track Power Plant of the Year category, Asian Power Awards 2022 ESG Programme of the Year Country Level Indonesia, and China Power Quality Project 2022.
K3 Webinar for PJBI Group
As a form of commitment to the importance of Occupational Safety and Health (K3) aspects, especially in overseeing project development, PT PJBI organized a K3 Webinar in the Construction Phase with speaker Yuan Fuadi S.T, M.KKK, a K3 practitioner in the Oil and Gas Mining Industry. This event was held on Thursday, 16th March 2023 at 10.00 to 12.00 WIB via video conference using the Zoom application. In addition to Directors and Employees of PT PJBI, this event was also attended by Directors and Employees of PT PJBI's Works Assignment at Subsidiaries and Affiliated Companies of PT PJBI namely PT SGPJB, PT GHPJB, PT NSHE, PT SSPewali and PT PMSE. By organizing this event, it is hoped that K3 will become an aspect that is always involved in daily activities to ensure safety and health in the work environment.
Shareholders approved PT PJBI’s RKAP (Company’s Work Plan and Budget) for 2023
On Tuesday, January 31st, 2023, a General Meeting of Shareholders was held to ratify the Work Plan and Budget (RKAP GMS) of PT PJBI for 2023 at Dharmawangsa Hotel, South Jakarta. In PT PJBI's 2023 RKAP, the theme "Sustainable Investment towards Net Zero Emission" was carried out which illustrates PT PJBI's focus on carrying out projects both assignments and initiations by utilizing New and Renewable Energy in line with the transformation of PT PLN (Persero) and also the Grand Strategy of PT PLN Nusantara Power. There are 4 Corporate Priority Programs in 2023 that include: (1) Supervision of Assigned Projects, (2) Optimization of Funding and Return on Investment, (3) Enhancement of Business Development Opportunities and (4) Improvement of Corporate Management. This activity took place seamlessly from 10.00 to 12.00 WIB which began with the presentation of the PT PJBI Company Work Plan and Budget by the Board of Directors of PT PJBI, presentation of the PT PJBI Board of Commissioners' Response by the President Commissioner of PT PJBI, question and answer session with PT PJBI Shareholders namely PT PLN Nusantara Power and PT PJBI Welfare Foundation and ended with the reading of the 2023 General Meeting of Shareholders (GMS) Resolution of PT PJBI RKAP. PT PJBI hopes that all plans that have been submitted can be carried out well and exceed the expectations of all stakeholders and provide many benefits for the advancement of Indonesia's electricity business.
Abu Dhabi Sustainability Week (ADSW) 2023
Abu Dhabi Sustainability Week (ADSW) 2023 is an international conference on sustainable development attended by the global community with a vision towards net zero emissions through an inclusive energy transition. In 2023, ADSW was held from January 14th to 19th, 2023 at the Abu Dhabi National Exhibition Centre (ADNEC) with the theme Uniting The Global Community on The Road to Net Zero: an inclusive energy transition inThe event is a global initiative endeavored by the United Arab Emirates (UAE) and hosted by clean energy company Masdar (Abu Dhabu Future Energy Company – PJSC) with the aim of accelerating sustainable development and advancing economic, social and environmental sustainability.Masdar is PJBI’s strategic partner in the development of the 145 Mwac Cirata Floating PLTS, which is currently under construction.PT PJBI was invited by Masdar to witness the United Arab Emirates (UAE)’s commitment in delivering clean energy that has been and is still being developed. “We also had the opportunity to meet with other strategic investors who have the same vision in maximizing the use of renewable energy, and see first-hand the development of sustainable energy development in the United Arab Emirates (UAE),” explained Amir Faisal, President Director of PT PJBI. With the support of all parties, it is hoped that major initiatives and agreements can have a good impact on the sustainable life of the earth.
PT PJBI APPA Forum as a Means of Learning Together
On Wednesday, January 11th, 2023, PT PJBI held the PT PJBI Subsidiary and Affiliated Companies (APPA) Forum for the January 2023 period at the Aston Priority Simatupang and Conference Center Hotel, Jakarta. The PT PJBI APPA Forum is a routine monthly corporate activity as a forum for discussion related to project developments in each PT PJBI APPA. The APPA Forum of PT PJBI for the period of January 2023 is quite special because for the first time the APPA Forum of PT PJBI is held together for all APPAs of PT PJBI, because so far, the implementation is separate for each APPA. In addition, in connection with the new start of 2023, at the APPA Forum of PT PJBI for the period of January 2023, all of the APPAs of PT PJBI were asked to not only present the latest progress of their projects, but also evaluate the performance in 2022 and plan for 2023. The event implementation of APPA PT PJBI Forum together for all APPAs of PT PJBI also aims as a learning platform because there are common issues that occur during the implementation of construction and also project operations. The implementation of the PT PJBI APPA Forum together received a positive impression from all APPAs of PT PJBI and is planned to be held regularly every 3 months.
PT PJBI Participated in the 1 Million Trees Movement
In the event of World Tree Planting Movement Day which falls on January 10th, as well as supporting the DKI Jakarta Provincial Government Program in the form of planting 1 tree every day for 1 month, PT PJBI provided 540 seedlings of various types of trees to Srengseng Sawah Village - South Jakarta. The tree seedlings were purchased from Cirata Power Plant Unit of PT PLN Nusantara Power, which specializes in plant nurseries.
PT PJBI’s 7th Anniversary Celebration “The Bigger, The Better, The Greener”
As the culmination of a series of PT PJBI’s anniversary events, on December 19th, 2022, PT PJBI's 7th Anniversary Celebration was held at The Tribrata Darmawangsa, Jakarta. To commemorate the 7th anniversary of PT PJBI, the theme "The Bigger, The Better, The Greener" is a description of PT PJBI's hope to be better and prioritize the optimization of green energy efficiency. This aspiration is also reflected in PT PJBI's 7th Anniversary logo which depicts the flapping of a bird's wings as a reflection of PT PJBI's passion to fly higher as well as being adaptive and agile which is visualized in the shape of a wing curve. This event consisted of performances of 7 traditional dances, the launching of the PT PJBI’s website, a mental health workshop with Adjie Santosoputro (Mental Health Practitioner), a video screening of PT PJBI’s 7-year journey, a sand painting performance by Fauzan Ja’far, and ended with a banquet. Hopefully, all aspirations for the advancement of PT PJBI that were expressed in the entire series of PT PJBI events can be realized and provide many benefits for the advancement of Indonesia's electricity.
PJBI Group Fun Day 2022
On December 18, 2022, PT PJBI held the PJBI Group Fun Day 2023 event at Taman Budaya Sentul. This event was attended by approximately 70 people starting from the Directors, Employees, and Board of Commissioners of PT PJBI along with the Directors and Employees of Tugas Karya in all Subsidiaries and Affiliated Companies of PT PJBI. PJBI Group Fun Day 2023 is a series of events celebrating PT PJBI's 7th Anniversary which were filled with activities of group cycling, group games, and anniversary celebration to increase solidarity and synergy in building better cooperation.
PT PJBI supports Mosques & Churches
In line with the pillars of the CSR Program, PT PJBI has contributed to the construction and renovation of houses of worship around the PT PJBI office. At the end of 2022, there were 3 places of worship that became the places for distributing CSR aid funds, namely:1. Aid Fund for the Construction of the Jami Nurul Hidayah MosqueJami Nurul Hidayah Mosque is one of the mosques located around the PT PJBI office, precisely on Jalan Kebagusan IV Dalam, Kebagusan, Pasar Minggu 12520 which was renovated at the end of 2022. As a form of practising the social value of PT PJBI to the surrounding community, PT PJBI participated in distributing a financial aid for the construction of the Jami Nurul Hidayah Mosque on November 7th, 2022.2. Aid Fund for the Mushola Renovation at the 18 Office Park Office BuildingA Mushola (a small prayer room/building) at the 18 Office Park, where PT PJBI's office is located, was also renovated at the end of the year to increase the capacity and comfort of the worshipers. As a form of practising the social concern value of PT PJBI for public facilities, PT PJBI participated in providing financial aid for the renovation of the Mushola at the 18 Office Park Office Building in December 2022.3. Fund Aid for the Construction of Calvary ChurchIn celebrating the 2022 Christmas Day, PT PJBI also participated in providing financial aid for the construction of the Calvary Church which is located on Jalan Masjid Al Umar, Lubang Buaya, Cipayung, East Jakarta. Hopefully all the financial aids provided by PT PJBI for the renovation of the houses of worship can provide great benefits for the surrounding community and also increase human and social values for all PT PJBI employees.
Responsible for the Environment, PT PJBI Plants 17,500 Trees
In the event of PT PJBI's 7th Anniversary in December 2022, PT PJBI also participated in implementing the Reforestation CSR program in the form of planting good trees around PT PJBI's office locations and PT PJBI's projects. Through this program, PT PJBI intends to participate in contributing to building a better environment for sustainable life. The following is a list of the carried-out activities:1. Tree Planting Activities on Indonesian Tree Planting Day in Garut, West Java (In Collaboration with the PLTU Terapung Cirata (Floating Solar Power Plant) Project) on November 28th, 2022In this activity, PT PMSE donated 150 tree seedlings and PT PJBI distributed assistance to the Tree Maintenance Facilitator as well as holding Indonesian Tree Planting Day activities at the West Java Province level on critical land in the Garut Regency area in 2022.2. Tree Planting Activities in Srengseng Sawah, Jakarta on December 13th, 2022This activity is a collaboration between PT PJBI and Srengseng Sawah Village, Jakarta, which is located around PT PJBI's office. In this activity, PT PJBI donated 500 Cempedak Avocado seeds and operational assistance for tree planting.3. Mangrove Planting in the Area of PLTU (Steam Power Plant) Jawa 7 (In Collaboration with PLTU Jawa 7 Project) on December 14th, 2022The location of PLTU Jawa 7 which is located close to the sea, makes the PLTU Jawa 7 area requires some mangroves planting. In this activity, PT PJBI planted 7,000 mangrove seedlings and also conducted some planting operations.4. Planting 10,000 Trees in the Area of PLTA (Hydropower Plant) Batang Toru (In Collaboration with the PLTA Batang Toru Project) on December 15th, 2022 During the reforestation activities in the PLTA Batang Toru project area, PT PJBI together with the PLTA Batang Toru planted 10,000 trees of various varieties suitable for planting in the area.
PT PJBI Cares about Stunting & Malnutrition
As a form of care for public health and also in the event of PT PJBI’s 7th Anniversary in December 2022, PT PJBI collaborated with the South Cipete Public Health Center to hold a Stunting Prevention Program, called the Nutrition Improvement Program and Monitoring the Growth and Development of Toddlers Suspected with Stunting in South Cipete Village, Cilandak District, South Jakarta. This program is an ongoing program that is carried out for 3 months, starting from December 2022 – February 2023. The Health CSR program for the month of December was carried out on December 12th, 2022 at the Nurul Huda Mosque Hall, South Cipete, Jakarta. This CSR program is PT PJBI's first CSR in the health sector, we hope that this program can be carried out in a sustainable manner and have a real impact on improving public health.
Celebrating its 7th Anniversary, PT PJBI Visited 7 Orphanages
In the event of PT PJBI’s 7th Anniversary in 2022, PT PJBI held a CSR Program for the Distribution of Basic Food Donation for 7 Orphanages Around the PT PJBI Office. The following is a list of names of Orphanages Recipients of Basic Food Donation: Asrama Asuh Yatim dan Dhuafa Domyahdu Panti Asuhan Yayasan Nur Kebagusan Panti Asuhan Tanjung Barat Graha Yatim Dhuafa (GRAY) Panti Asuhan Desa Putra Panti Asuhan Mizan, Jagakarsa Panti Asuhan Mizan, Cipete The donation distributed to each orphanage included basic food, toiletries, cleaning supplies, and cash donation. This CSR program was conducted on November 22nd, 2022 which was distributed by 2 teams from PT PJBI in a parallel manner to 7 orphanages around the PT PJBI office. Hopefully this donation will bring blessings to every orphanage.
ESG Seminar, The Initial Step to Achieve Sustainable Commitment of PJBI
Starting a series of PT PJBI’s 7th Anniversary events, PT PJBI held a PJBI Group ESG Seminar with the theme Application of ESG Values for Corporate Sustainability. This event was held on Thursday, November 17th, 2022 at the Mercure Gatot Subroto Hotel, Jakarta by inviting Ms. Juniati Gunawan, PhD, who is a Sustainability Report Specialist for the International Finance Corporation and Director of the Trisakti Sustainability Center. This event was held as one of PT PJBI’s efforts to increase understanding of the concept and implementation of ESG values in the company’s business both at PT PJBI itself and PT PJBI’s Subsidiaries and Affiliated Companies.
PJBI’s New Office Inauguration and Iftar
Due to the relocation of the PT PJBI office and also the Month of Ramadhan 1443 H, PT PJBI held the Inauguration of the New Office of PT PJBI and the Iftar with the PJBI Group on Thursday, 21 April 2022. This event was attended by the Board of Commissioners and Directors of PT PJBI, the Board of Directors PT RE, the Board of Directors of PT PLN SC, the Board of Commissioners and Directors of PT PJBI's Representative at Subsidiaries and Association Company of PT PJBI as well as representatives from PT PJB. The event started at 5 pm which began with the inauguration of the new office, a tour of the new office, a islamic talk by Ustad Fauzi Bahreisy and ended with iftar. This event is the first time that the entire PJBI Group gathered during the COVID-19 pandemic. All participants in the event were so happy to be able to have face-to-face meeting in this holy month. By holding this event, the new PT PJBI office has officially started operating.
CSR for Pondok Domba School
On Monday, September 12, 2022, PT PJBI held a CSR activity by providing educational charity for Sekolah Pondok Domba, Kalijodo, Jakarta. Pondok Domba School was founded by social activists independently in 1999 with the aim of ensuring that every child could get a proper education. At Sekolah Pondok Domba, there are 71 children consisting of 17 kindergarten students and 54 elementary school students. The educational charity provided by PT PJBI came from PT PJBI’s employees and also PT PJBI's CSR funds. The educational charity consisted of a set of wall painting supplies, elementary school textbooks, educational toys, storage boxes, children's souvenir packages, lunch packages and also honorariums for the teachers.The PT PJBI team visited the Pondok Domba school at 11.00. At that time, school hours were over. The event opened with greetings from representatives of PT PJBI – Corporate Secretary of PT PJBI, greetings from the Principal of the Pondok Domba School - Mr. Anggiat Simanullang, distribution of souvenirs and lunch, singing together and ending with a mingling with the students of the Sekolah Pondok Domba. The PT PJBI team was very inspired by the spirit of the founders and also the teachers who have voluntarily helped the children to get a proper education. We wish all the best for future endeavor of Sekolah Pondok Domba.
100 Groceries Package Social Distribution
At commemoration of the 77th National Electricity Day, PT PJBI participated in Corporate Social Responsibility Program of PT PLN Nusantara Power called PLN NP Empati through the distribution of 100 basic food packages to society near PT PJBI’s office. The event was carried out at the Nurul Islam Mosque, Tanjung Barat, Jagakarsa, South Jakarta which is the location around the PT PJBI office at 10:00 on Thursday, October 27, 2022. The total cost for this event is IDR 28,695,000. Hopefully this program could brings the positive impact to society around PT PJBI.
PJBI on PJB Connect 2022
PT PJBI with all its subsidiaries and association companies had a chance to contributed as exhibitors of PJB Connect 2022: PLN NP Jump Beyond Connection – Synergize the New Power for The Future on 4 – 6 th October 2022 at Jatim Expo, Surabaya, Jawa Timur. In this event, PT PJBI as an exhibitor opened a booth to interact with visitors. We invite all Subsidiaries and Associated Companies of PT PJBI to come and introduce their projects. There are representatives from PT Shenhua Guohua Pembangkitan Jawa Bali (SGPJB) and PT Guohua Taidian Pembangkitan Jawa Bali (GHPJB) for Jawa 7 CFPP 2 x 1,000 MW, PT North Sumatra Hydro Energy (NSHE) for Batang Toru HPP 510 MW, PT Sumbagselenergi Sakti The guardian for Sumbagsel 1 CFPP Mine Mouth 2 x 150 MW and PT Pembangkitan Jawa Bali Masdar Solar Energi (PMSE) for Floating PV Cirata 145 MWac. One thing that attracted the visitors was the prototype of the 145 MWac Floating PV Cirata which will be the first floating PV in Indonesia and the largest in Southeast Asia. This project is targeted to be commercially operational in 2023.On the last day of the PJB Connect 2022 event, PT PLN Nusantara Power announced several awards for exhibitors and visitors who participated in this event. PT PJBI won the award as the best booth in this event. We thank you for all the support.The involvement of PT PJBI in this event certainly gives a positive impression, especially this is the first offline exhibition to be participated in during covid-19 pandemic from 2020. The main message brought by PT PJBI in the at the PJB Connect 2022 is PT PJBI is open to any kind of partnertship of electricity development for a brighter Indonesia.
