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Related company : PERUSAHAAN LISTRIK NEGARA

Related company : PERUSAHAAN LISTRIK NEGARA

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Tone : Neutral

 

PLN, Pertamina debts highest among SOEs

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The Jakarta Post, December 5, 2018
PT PLN and PT Pertamina carry the biggest amount of debt among state-owned enterprises (SOE) this year as they are tasked with implementing major government programs. Aloysius Kiik Ro, the SOEs Ministry’s undersecretary for business restructuring and development, said the 10 SOEs had accumulated debt of Rp 1.73 quadrillion, PLN’s debt of Rp 543 trillion accounted for 31.37 percent of the combined debt. Meanwhile Pertamina saw its debt reach Rp 522 trillion, or 30.16 percent of the total.
 
 

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