PLN's Ambitious RUPTL Plan Requires Massive Rp 3,000 Trillion Investment

New Electricity Supply Business Plan 2025-2034

PT PLN (Persero), Indonesia's state-owned electricity company, has unveiled its latest Electricity Supply Business Plan (RUPTL) for 2025-2034, requiring a massive investment of Rp 3,000 trillion. This new plan represents a significant expansion from the previous RUPTL 2021-2030, with the targeted additional power generation capacity increasing to 69.6 gigawatts (GW) from the previous target of 40.6 GW.

Economic Impact and Investment Needs

PLN's President Director, Darmawan Prasodjo, highlighted that the substantial investment required is justified by the potential multiplier effect on the economy. The construction of new power plants, transmission infrastructure, and supporting facilities is expected to create vast job opportunities and boost industrial productivity, ultimately driving national economic growth. The investment is considered crucial for supporting Indonesia's growing energy demands while promoting economic development.

Building a Conducive Investment Ecosystem

Darmawan emphasized the importance of creating a conducive ecosystem for investment and collaboration to achieve the ambitious RUPTL plan. He stated, "We need an investment of around Rp 3,000 trillion over 10 years, and for that, we need to build a conducive ecosystem for investment, an ecosystem that is conducive to collaboration." This approach is expected to attract both public and private sector participation in the massive energy infrastructure development.

Role of Danareksa and Private Sector

While specific details about Danareksa's role were not elaborated in the source, industry observers expect significant involvement from both state-owned enterprises like Danareksa and private investors in financing and executing the RUPTL projects. The success of this massive investment plan will depend on effective collaboration between PLN, government entities, financial institutions, and private sector players.