Overview of Indonesia Power
Indonesia Power is one of the subsidiaries of PT PLN (Persero) which was established on October 3, 1995 under the name PT PLN Pembangkitan Jawa Bali I (PT PJB I). On October 8, 2000, PT PJB I was renamed Indonesia Power as an affirmation of the Company's goal to become a pure, business-oriented, independent power company.
The Company's main business activities are focusing as a provider of electricity through power generation and as a provider of operations and maintenance of power plants that operate plants spread across Indonesia. In addition to managing Generating Units, Indonesia Power has 5 Subsidiaries, 2 Joint Venture Companies, 1 Associate Company, 3 Grandson Companies (Affiliates of Subsidiaries) to support the Company's Business strategy and processes.
Organizational Structure of the Company
Indonesia Power has restructured the organization in harmony and focus on execution execution and can meet the challenge of sustainable development by issuing Decree of the Board of Directors No.239.K / 010 / IP / 2016 on Indonesia Power Organization Structure dated December 6, 2016 as follows:
Company Group Structure
Below is the structure of Indonesia Power group consisting of 5 Subsidiaries, 2 Joint Venture Companies, 1 Associate Company, 3 Grandson Companies (Affiliation of Subsidiaries), as illustrated in the structure :
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 & Corporate Culture