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PMN for PLN will be divided into two parts

13 July 2020 14:55

JAKARTA. The State Capital Participation (PMN) from the government to PT Perusahaan Listrik Negara (Persero), with a total value of Rp 9.6 trillion, will be divided into two parts.

The first part is an injection of Rp 4.63 trillion, which will be used by PLN to improve its capital structure. The funds come from the transfer of State Property (BMN) to the Ministry of Energy and Mineral Resources (ESDM). 

The second part is an injection of Rp 5 trillion. The funds came from the 2020 State Budget and will be used to develop electricity infrastructure.

The PMN has been regulated in Government Regulation Number 37/2020, which was signed on 8 July 2020. (AM/AR)

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