PT PLN (Persero) made history by entering the 2025 Fortune Global 500 list, ranking 469th worldwide.

This achievement marks PLN as the only utility company in Southeast Asia to be included among the world’s largest companies by revenue.

Digital Transformation Drives PLN’s Strong Performance

PLN’s President Director, Darmawan Prasodjo, emphasized that this milestone is the result of comprehensive transformation efforts carried out over the past few years.

In 2024, PLN recorded revenue of IDR 545.4 trillion, up 11.9% from IDR 487.38 trillion the previous year.

PLN Leads Southeast Asia’s Utility Sector

In 2024, PLN’s electricity sales reached 306.22 Tera Watt hour (TWh), increasing 6.17% compared to the previous year and surpassing the government’s target of 299.99 TWh.

Revenue from electricity sales totaled IDR 353.17 trillion, rising from IDR 333.19 trillion in 2023, producing a net profit of IDR 17.76 trillion.

Support and Ambitions for Indonesian State-Owned Enterprises

President Prabowo Subianto expressed hopes that Indonesian state-owned enterprises would become more competitive and enter the Global Fortune 500, showing Indonesia as a pioneer in the world economy.

CEO of Danantara Indonesia, Rosan Roeslani, said PLN has demonstrated measured transformation, strong governance, and consistent innovation, positioning it as a major player in the global energy ecosystem.

Darmawan Prasodjo also expressed appreciation for the support from the public and government, strengthening PLN’s position on the regional and global economic stages.

PHOTO: PLN

This article was created with AI assistance.