Tinkering with PLN’s Business

PLN transforms itself into a holding entity with four subholding companies. The restructuring of PLN’s assets will continue until the end of this year. Workers suspect covert privatization.

Retno Sulistyowati

October 3, 2022

OVER the next three months, Hartanto Wibowo and his colleagues will be busier. By the end of this year, the director of corporate planning and business development at state power company PLN must finish completing the restructuring of the company’s assets. Some will remain, but there are assets or business entities that will change positions. “It must be finished before December 31,” he told Tempo on Saturday, October 1. He hope

...

More Articles