PT Pertamina Power Indonesia (“PPI”) or hereinafter referred to as “the Company”, is one of the SOEs’ subsidiaries, namely PT Pertamina (Persero) or “Pertamina”. Historically, the Company was first established as a strategic holding company of Pertamina on October 26, 2016 which assigned to running, controlling, managing business activities in the areas of energy to power with the basis of new and renewable energy (“EBT”) owned by Pertamina, both domestically and overseas. The Company continues to run its business professionally by implementing sound corporate business practices that always prioritize the principles of Good Corporate Governance in every aspect of its business and daily operations in order to be able to deliver a sustainable added value to the Company’s Stakeholders. As part of Pertamina Group, the Company utilizes the strong synergy that has been established with Pertamina so that the Company has an optimistic view to be a major player in the field of gas-based power business and EBT, including captive power business and EBT to power business in Indonesia.
Entering the 2nd year of its business milestones, during the year the Company has managed 2 (two) subsidiaries, namely PT Jawa Satu Power (“JSP”) that participated in the IPP Jawa-1 project and PT Jawa Satu Regas (“JSR”) which operates FSRU Proyek Jawa-1. By the end of this year, the Company has managed a number of projects, such as 1 project that has been operating, 3 on-going projects, and 11 projects that were still under development phase.
Being the most innovative and reputable company in the business of providing clean energy for the world.
To carry out operations management and downstream business portfolio in the field of power on gas-based and NRE professionally, environment-friendly, have advantages, give priority to safety as well as provide added value for Stakeholders.