Negara Harus Selamatkan PLN dengan Segera Menghentikan Proyek Listrik 35.000 Megawatt
Summary
A statement by Trend Asia arguing that the Indonesian government must resolve the financial crisis of the state electricity company, PLN, by halting the 35,000 MW power project and stopping the construction of new coal-fired power plants due to severe oversupply.
Key insights
- PLN is facing a severe financial crisis, reporting a loss of 38 trillion rupiah in the first quarter of 2020 and carrying a debt of 500 trillion rupiah, which was used to fund the 35,000 MW electricity infrastructure megaprogram initiated by President Joko Widodo during his 2014 campaign.
- The Java-Bali electricity system is experiencing oversupply because national economic growth targets used for planning were not met; the 2019 RUPTL assumed 5.5 percent growth, while the actual achievement was 5.02 percent. An IESR study indicated that demand projections in Java-Bali and Sumatra were 20-50 percent higher than the growth trends of the previous decade.
- Trend Asia argues that the government should focus on the supply side by stopping new projects rather than just trying to increase electricity consumption. Continuing new projects amid market uncertainty could increase PLN's debt to 600 trillion rupiah, which is equivalent to one-quarter of the 2020 state budget (APBN).
- The proposed Jawa 9 & 10 coal-fired power plant (PLTU) in Cilegon, Banten, is highlighted as a project that would likely increase PLN's losses. A pre-feasibility study by the Korea Development Institute (KDI) found the project to have a negative profitability index, making it unprofitable for investors and PLN, and potentially resulting in a stranded asset.
Cite the original document
- APA
- TrendAsia (2020). Negara Harus Selamatkan PLN dengan Segera Menghentikan Proyek Listrik 35.000 Megawatt. Trend Asia. https://trendasia.org/negara-harus-selamatkan-pln-dengan-segera-menghentikan-proyek-listrik-35-000-megawatt/
- Chicago
- TrendAsia. Negara Harus Selamatkan PLN dengan Segera Menghentikan Proyek Listrik 35.000 Megawatt. Trend Asia, 2020. https://trendasia.org/negara-harus-selamatkan-pln-dengan-segera-menghentikan-proyek-listrik-35-000-megawatt/.
- Wikipedia
- {{cite press release |last1=TrendAsia |title=Negara Harus Selamatkan PLN dengan Segera Menghentikan Proyek Listrik 35.000 Megawatt |publisher=Trend Asia |date=6 October 2020 |url=https://trendasia.org/negara-harus-selamatkan-pln-dengan-segera-menghentikan-proyek-listrik-35-000-megawatt/ |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{trendasia2020negara, author = {TrendAsia}, title = {{Negara Harus Selamatkan PLN dengan Segera Menghentikan Proyek Listrik 35.000 Megawatt}}, publisher = {Trend Asia}, year = {2020}, month = oct, url = {https://trendasia.org/negara-harus-selamatkan-pln-dengan-segera-menghentikan-proyek-listrik-35-000-megawatt/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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