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The Elusive PLN Holding

Monday, January 31, 2022

The government is preparing to form a holding and sub-holdings for PLN. But the plan is yet unclear.

A worker shows a mockup of the Lahendong Geothermal Power Plant, Tomohon, North Sulawesi, Thursday, July 29, 2021. ANTARA FOTO/Adwit B Pramono. tempo : 173484335788.

THE coal supply crisis, caused by coal businesses preferring to export while the commodity’s price is rising, has prompted State-Owned Minister Erick Thohir to accelerate state-owned electricity company PLN’s transformation plan. On Wednesday, January 19, he led a meeting with the team in charge of accelerating the formation of PLN sub-holdings. The team was created in October 2021.

According to Erick, the meeting only discussed

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