PT PLN Nusantara Renewables ready to optimize efficiency of new and renewable energy using green investment.
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EPC Tender Announcement for Karangkates Floating Solar Power Plant 100 MWac
Learn MoreAbout PLN Nusantara Renewables
PLN Nusantara Renewables (NR) is the leading subsidiary of the PLN Group and PLN Nusantara Power in developing a new and renewable energy (NRE)-based electricity ecosystem. Formed as an unrestricted subsidiary, PLN NR offers a high flexibility in developing independent power producers (IPP).
As of June 2024, PLN Nusantara Renewables has 3,210 MW of power plants, of which 2,145 MW are operational, 895 MW are under construction, and 170 MW are in the development phase.
PLN NR has established eight companies, consisting of three subsidiaries and five affiliated companies. The three subsidiaries owned by PLN NR with a 51% ownership are PT Pembangkitan Jawa Bali Solar Energi (PMSE) for the Cirata Floating Solar Power Plant, PT Nusantara Sembcorp Solar Energi (NSSE) for the IKN 50 MW Solar Power Plant, and PT Nusantara Tembesi Baru Energi (NTBE) for the Tembesi Floating Solar Power Plant.
Vision
To be a Sustainable
Global Renewable Energy Investment Company
Mission
Developing talents in sustainable investment and energy
Optimizing investment management to ensure company sustainability in accordance with ESG principles
Building a global investment portfolio focused on green energy
Portfolio
Currently, PT PLN Nusantara Renewables has a total capacity of 3,210 MW project
development across Indonesia
The Trembesi Floating Solar Power Plant with a capacity of 35 MWac or 46 MWp is located at the Trembesi Reservoir, Saguling District, Batam City, Riau Islands. The Trembesi Floating Solar Power Plant is a collaboration with PT TBS Energi Utama Tbk. Currently, the Trembesi Floating Solar Power Plant is in the pre-construction preparation stage to be able to supply clean energy to the Batam area by 2025.
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The Karangkates Floating Solar Power Plant is located at the Sutami Dam, Malang Regency, East Java. In this project, PLN Nusantara Renewables is collaborating with GD Power Hong Kong Co., Ltd. and Perum Jasa Tirta I. The Karangkates Floating Solar Power Plant is targeted to be operational by 2025.
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Batang Toru HPP 510MW is one endevaour of PT PLN Nusantara Renewables to optimize potential water resources in favour of domestic electricity. This plant is a peaker plant with the specification of water consumption by 0.24 liter per kWh. Batang Toru HPP is targeted for commercial operation in 2026 and expected to be able to directly assist Sumatera electrical system and contribute to improving renewable energy use in Indonesian Government programs.
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Cirata Floating Solar Power Plant (PLTS) 145 MWac/192 MWp is a National Strategic Project. Being the result of bilateral collaboration between Indonesia and the United Arab Emirates, this solar power plant (SPP) is the largest in Southeast Asia and the third largest in the world in terms of capacity.Inaugurated by President Joko Widodo on November 9, 2023, this Floating SPP has produced 158 GWh of green electricity from its inauguration until June 2024. It is projected that 214,000 tons of CO2 will be avoided annually by the electricity production process of this 200-hectare floating solar power plant.
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This project is a shareholder assignment project to PLN Nusantara Renewables through the PLN Nusantara Renewables GMS on March 31, 2023. In its development, PLN Nusantara Renewables collaborates with Adaro Power and Total Eren. This project will contribute to supporting Indonesia's renewable energy utilization target and net zero emission target.
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The 50 MW Nusantara Capital City Solar Power Plant (PLTS IKN) is a project assigned by shareholders to PLN Nusantara Renewables to support the electricity needs of the planned Nusantara Capital City (IKN).The PLTS IKN is one of the National Strategic Programs directed by President Joko Widodo. The construction of this installation is divided into two phases: a 10 MW capacity is being built through the synergy of subsidiaries under PLN Nusantara Power, while the remaining 40 MW is being developed by PT Nusantara Sembcorp Solar Energi (NSSE)—a Joint Venture Company owned by PLN Nusantara Renewables and SembCorp Utilities Pte. Ltd. Located at a point with the highest irradiation level in the IKN area, this power plant is projected to produce 92.8 GWh of green energy. Situated 5 kilometers from the KIPP IKN, it will become the backbone of electricity in IKN, capable of reducing 104,864 tons of CO2 emissions annually.
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PT PLN Nusantara Renewables holds 30% shares in PT Shenhua Guohua Pembangkitan Jawa Bali (SPGJB) as JVC of Jawa 7 CFPP and also holds 30% shares in PT Guohua Taidian Pembangkitan Jawa Bali as JVC of Operating and Maintenance Company for CFPP Jawa 7. CFPP Jawa 7 constitutes a strategic project as the first and the biggest PLTU in Indonesia using boiler Ultra-Supercritical technology with low-calorie coal of 4,000 – 4,600kkal/kg AR and also with competitive tariff amounting to 4,2122 cent USD/kWh.
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This project is a mine-mouth power plant developed to support government programs in terms of local resources use to accommodate electrical system in the South Area of Sumatera. This project is targeted to operate commercially in 2026.
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Tembesi Floating Solar PV Power Plant
(35 MWac / 46 MWp)
The Trembesi Floating Solar Power Plant with a capacity of 35 MWac or 46 MWp is located at the Trembesi Reservoir, Saguling District, Batam City, Riau Islands. The Trembesi Floating Solar Power Plant is a collaboration with PT TBS Energi Utama Tbk. Currently, the Trembesi Floating Solar Power Plant is in the pre-construction preparation stage to be able to supply clean energy to the Batam area by 2025.
Karangkates Floating Solar Power Plant
(100 MWac)
The Karangkates Floating Solar Power Plant is located at the Sutami Dam, Malang Regency, East Java. In this project, PLN Nusantara Renewables is collaborating with GD Power Hong Kong Co., Ltd. and Perum Jasa Tirta I. The Karangkates Floating Solar Power Plant is targeted to be operational by 2025.
Batang Toru HPP
(510 MW)
Batang Toru HPP 510MW is one endevaour of PT PLN Nusantara Renewables to optimize potential water resources in favour of domestic electricity. This plant is a peaker plant with the specification of water consumption by 0.24 liter per kWh. Batang Toru HPP is targeted for commercial operation in 2026 and expected to be able to directly assist Sumatera electrical system and contribute to improving renewable energy use in Indonesian Government programs.
Cirata Floating PV
(145 MWac / 192 MWp)
Cirata Floating Solar Power Plant (PLTS) 145 MWac/192 MWp is a National Strategic Project. Being the result of bilateral collaboration between Indonesia and the United Arab Emirates, this solar power plant (SPP) is the largest in Southeast Asia and the third largest in the world in terms of capacity.Inaugurated by President Joko Widodo on November 9, 2023, this Floating SPP has produced 158 GWh of green electricity from its inauguration until June 2024. It is projected that 214,000 tons of CO2 will be avoided annually by the electricity production process of this 200-hectare floating solar power plant.
Tanah Laut WPP
(70 MW)
This project is a shareholder assignment project to PLN Nusantara Renewables through the PLN Nusantara Renewables GMS on March 31, 2023. In its development, PLN Nusantara Renewables collaborates with Adaro Power and Total Eren. This project will contribute to supporting Indonesia's renewable energy utilization target and net zero emission target.
IKN Solar PV Power Plant
(50 MW)
The 50 MW Nusantara Capital City Solar Power Plant (PLTS IKN) is a project assigned by shareholders to PLN Nusantara Renewables to support the electricity needs of the planned Nusantara Capital City (IKN).The PLTS IKN is one of the National Strategic Programs directed by President Joko Widodo. The construction of this installation is divided into two phases: a 10 MW capacity is being built through the synergy of subsidiaries under PLN Nusantara Power, while the remaining 40 MW is being developed by PT Nusantara Sembcorp Solar Energi (NSSE)—a Joint Venture Company owned by PLN Nusantara Renewables and SembCorp Utilities Pte. Ltd. Located at a point with the highest irradiation level in the IKN area, this power plant is projected to produce 92.8 GWh of green energy. Situated 5 kilometers from the KIPP IKN, it will become the backbone of electricity in IKN, capable of reducing 104,864 tons of CO2 emissions annually.
Jawa 7 CFPP
(2 x 1.050 MW)
PT PLN Nusantara Renewables holds 30% shares in PT Shenhua Guohua Pembangkitan Jawa Bali (SPGJB) as JVC of Jawa 7 CFPP and also holds 30% shares in PT Guohua Taidian Pembangkitan Jawa Bali as JVC of Operating and Maintenance Company for CFPP Jawa 7. CFPP Jawa 7 constitutes a strategic project as the first and the biggest PLTU in Indonesia using boiler Ultra-Supercritical technology with low-calorie coal of 4,000 – 4,600kkal/kg AR and also with competitive tariff amounting to 4,2122 cent USD/kWh.
Sumbagsel 1 Mine Mouth CFPP
(2 x 150 MW)
This project is a mine-mouth power plant developed to support government programs in terms of local resources use to accommodate electrical system in the South Area of Sumatera. This project is targeted to operate commercially in 2026.
News & Article
Strengthening Sustainable Green Energy Transformation, PLN Nusantara Renewables Welcomes New Board of Directors
Jakarta, July 23, 2026 — PT PLN Nusantara Renewables (PLN NR) officially held a handover ceremony following changes to the Company’s leadership structure. The leadership transition is expected to strengthen the Company’s strategy in accelerating the development of new and renewable energy (NRE) in Indonesia.Based on the Shareholders’ Resolution Outside the General Meeting of Shareholders (Circular Resolution) signed on July 13, 2026, the new composition of the Board of Directors of PLN Nusantara Renewables has been established, with the appointments effective as of July 13, 2026, as follows:Mr. Kuswara as President Director of PT PLN Nusantara RenewablesMr. Arief Heryana as Director of Operations of PT PLN Nusantara RenewablesMr. Rudy Hertanto as Director of Finance of PT PLN Nusantara RenewablesThis leadership transition marks an important momentum for PLN Nusantara Renewables to continue its strategic initiatives in accelerating the development of its clean energy portfolio, improving operational performance, and strengthening the Company’s contribution to supporting Indonesia’s national energy transition.“Leadership transition is not merely an organizational process, but a continuation of the responsibility entrusted to us to ensure that this transformation continues and delivers greater value to the PLN Group,” said Mr. Ruly Firmansyah, President Director of PLN Nusantara Power.In line with this spirit of leadership continuity, the Board of Commissioners of PLN Nusantara Renewables also expressed its appreciation for the strong foundation established by the previous Board of Directors and reaffirmed its commitment to supporting the new Board of Directors in carrying out its responsibilities and achieving the targets set by the shareholders.“We appreciate the various achievements and strong foundation established by the previous Board of Directors. Going forward, the Board of Commissioners is ready to provide support and guidance to the management team so that the targets set by the shareholders can be achieved to the fullest,” said Mr. Muhammad Bardan, President Commissioner of PLN Nusantara Renewables.The Board of Commissioners and Board of Directors of PLN Nusantara Renewables also expressed their appreciation and gratitude to Mr. Harjono for his dedication, leadership, and contributions during his tenure as President Director for the 2024–2026 period. Under his leadership, PLN NR successfully strengthened the Company’s foundation, advanced the development of its new and renewable energy portfolio, and achieved various strategic milestones that have become an important foundation for the Company’s future journey.Reflecting on his tenure, Mr. Harjono shared that PLN Nusantara Renewables had provided him with highly valuable experience as an investment company in the renewable energy sector.“During my two-and-a-half-year tenure, I found PLN NR to be a place that provided a very comprehensive range of challenges and experiences. I learned so many new things here, even after having spent decades in my career. I hope that everyone at PLN NR can also gain as much knowledge and learning as possible, extending beyond investment-related aspects,” he said.With a spirit of sustainability and collaboration, PLN Nusantara Renewables welcomes its new leadership, which is committed to continuing the Company’s strategic programs, optimizing the development of new and renewable energy, and delivering innovative clean energy solutions to create added value for shareholders, business partners, and communities, while supporting the acceleration of Indonesia’s national energy transition.The newly appointed President Director of PT PLN Nusantara Renewables, Mr. Kuswara, reaffirmed his commitment to maintaining the momentum of transformation that has been built together.“PLN Nusantara Renewables is currently on a growth trajectory that must not slow down. Together with all members of the Company and with the support of our stakeholders, we are committed to continuing this transformation, addressing the challenges ahead, and meeting the expectations of our shareholders,” he said.With the new leadership entrusted with this responsibility, PLN Nusantara Renewables remains optimistic about further strengthening its role as a driving force in the development of new and renewable energy in Indonesia, while creating sustainable added value for all stakeholders.
PLN Nusantara Renewables Perkuat Budaya Integritas melalui Implementasi SMAP dan Persiapan Transisi ISO 37001:2025
Jakarta, 26 Juli 2026 – PLN Nusantara Renewables (PLN NR) terus menunjukkan komitmennya dalam membangun tata kelola perusahaan yang bersih, transparan, dan berintegritas melalui penerapan Sistem Manajemen Anti Penyuapan (SMAP). Komitmen tersebut dibuktikan dengan keberhasilan PLN NR meraih sertifikasi ISO 37001:2016 yakni Sistem Manajemen Anti Penyuapan yang sudah pernah dilaksanakan pada tahun 2025 sebagai bentuk pengakuan atas implementasi sistem pencegahan penyuapan yang telah diterapkan secara konsisten di lingkungan perusahaan.Pencapaian ini menjadi salah satu langkah strategis PLN NR dalam memperkuat penerapan Good Corporate Governance (GCG), meningkatkan kepercayaan para pemangku kepentingan, serta memastikan seluruh proses bisnis berjalan sesuai prinsip kepatuhan, etika, dan akuntabilitas.Sebagai perusahaan yang menjunjung tinggi nilai integritas, PLN Nusantara Renewables terus memperkuat implementasi SMAP melalui berbagai inisiatif berkelanjutan. Salah satunya adalah penandatanganan Pakta Integritas oleh insan perusahaan sebagai bentuk komitmen bersama dalam menjalankan tugas secara profesional, bebas dari praktik penyuapan, korupsi, maupun benturan kepentingan.Selain itu, PLN NR juga mengoptimalkan penerapan Whistleblowing System (WBS) sebagai sarana pelaporan dugaan pelanggaran yang aman, transparan, dan akuntabel. Melalui mekanisme tersebut, perusahaan mendorong partisipasi aktif seluruh insan perusahaan maupun pemangku kepentingan dalam menjaga budaya kepatuhan serta mendukung terciptanya lingkungan kerja yang berintegritas.Memasuki tahun 2026, PLN NR kembali menunjukkan komitmennya untuk terus meningkatkan standar tata kelola perusahaan dengan mempersiapkan proses transisi menuju ISO 37001:2025. Sebagai bagian dari proses tersebut, perusahaan telah melaksanakan kegiatan awareness mengenai pembaruan standar internasional tersebut kepada insan perusahaan, sekaligus melakukan penyesuaian terhadap kebijakan, prosedur, dan sistem yang diperlukan agar implementasi SMAP tetap selaras dengan perkembangan standar terbaru.Langkah ini mencerminkan semangat perbaikan berkelanjutan (continuous improvement) yang menjadi bagian dari budaya kerja PLN NR. Dengan terus memperkuat sistem pencegahan penyuapan dan meningkatkan kesadaran seluruh insan perusahaan terhadap pentingnya integritas, PLN NR optimistis dapat menghadirkan proses bisnis yang semakin andal, transparan, dan berkelanjutan.Ke depan, PLN Nusantara Renewables akan terus memperkuat implementasi SMAP sebagai bagian dari upaya mewujudkan perusahaan energi baru terbarukan yang tidak hanya unggul dalam kinerja bisnis, tetapi juga menjadi perusahaan yang dipercaya melalui penerapan tata kelola yang baik, budaya kepatuhan yang kuat, serta integritas yang menjadi fondasi dalam setiap aktivitas perusahaan.
PLN NUSANTARA RENEWABLES REPORTS NET PROFIT EXCEEDING IDR 1 TRILLION AT THE ANNUAL GENERAL MEETING OF SHAREHOLDERS 2025
Jakarta, July 24th 2026 — PT PLN Nusantara Renewables (PLN NR) held its 2025 Annual General Meeting of Shareholders (AGMS) on Monday (29/06) at the Nusantara InnoVision Hall, PLN Nusantara Power Headquarters, Jakarta. The meeting was chaired by the Board of Directors of PLN Nusantara Power (PLN NP) as the Majority Shareholder and was also attended by the PT PLN Nusantara Power Employees Welfare Foundation as the Minority Shareholder.The AGMS reviewed the Company's performance throughout the 2025 fiscal year, including the Annual Report, Financial Statements, performance evaluation, and other agenda items in accordance with the applicable regulations.During the meeting, PLN NR presented its business performance for the 2025 fiscal year, highlighting the achievement of several key performance indicators that exceeded the targets set out in the Company's 2025 Work Plan and Budget (RKAP).Based on the Company's performance evaluation, PLN NR recorded the following achievements:Operating Revenue reached IDR 1.01209 trillion, equivalent to 110% of the Company's Work Plan and Budget (RKAP) for 2025 target of IDR 917.52 billion.Net Profit reached IDR 1.07476 trillion, representing 117% of the RKAP target of IDR 920.86 billion.Total Assets amounted to IDR 11.26 trillion.Based on the audit results, the Company's Key Performance Indicator (KPI) Score also improved by 1.32 points from the previous year, reaching 104.02.PLN NR's outstanding performance in 2025 was driven by the strong operational performance of several key projects, including: Jawa 7 Coal-Fired Power Plant, which generated 12,030 GWh of electricity.Cirata Floating Solar Power Plant, which produced 273.68 GWh of clean electricity.IKN Solar Power Plant, which generated 79.79 GWh of electricity.MT Sumbagsel-1 Mine-Mouth Power Plant, which produced 1,039 GWh of electricity.Throughout 2025, PLN NR also continued to expand its renewable energy business through various strategic initiatives, including the ongoing construction of the Tembesi Floating Solar Power Plant (35 MWac), Karangkates Floating Solar Power Plant (100 MWac), and Batang Toru Hydroelectric Power Plant (510 MW).With solid business performance and remarkable achievements throughout 2025, the Company remains optimistic about addressing the opportunities and challenges that lie ahead in 2026."PLN NR's achievements in 2025 provide a strong foundation for even greater progress in 2026. We will continue to strengthen collaboration and drive innovation to accelerate the development of green energy that delivers sustainable value for communities and the future of Indonesia." Harjono, President Director of PT PLN Nusantara Renewables With the continued support of all stakeholders, PLN NR is committed to further strengthening its contribution to Indonesia's renewable energy sector, achieving even greater milestones, and creating a more positive and sustainable impact for both the environment and society.
PLN Nusantara Renewables And Sgpjb Give Back To The Community Of Kramatwatu District Through The Handover Of 28 Qurban Animals
Serang, Banten, 3 June 2024 – In celebration of Eid al-Adha 1446 Hijri, PT Shenhua Guohua Pembangkitan Jawa Bali (SGPJB), in collaboration with PT PLN Nusantara Renewables (PLN NR), distributed 28 qurban animals to Ring-1 stakeholders of the Jawa 7 Steam Power Plant (PLTU Jawa 7). The symbolic handover of 10 cows and 18 goats to various stakeholders, comprising community members and related institutions, took place in Terate Village, Kramatwatu District, on Tuesday, 3 June 2025. Bambang Supriyatno, Assistant Director of General Affairs at SGPJB, stated that the distribution of qurban animals is part of the Company’s regular Corporate Social Responsibility (CSR) or Environmental and Social Responsibility (TJSL) program and reflects the Company’s care for the communities surrounding PLTU Jawa 7. In addition, PT SGPJB also runs various CSR programs in the fields of education, health, economy, and environment to support community empowerment. “Through cross-sector collaboration, we hope the programs we implement will bring benefits to the communities around the Company and help maintain good relations,” said Bambang. Representing PLN NR’s Management, Saskia Nursukma expressed appreciation for SGPJB’s solidarity and concern for the community, as well as for the good relations with relevant stakeholders who have supported the operation of PLTU Jawa 7, enabling it to contribute optimally to the Java-Madura-Bali power system. She also expressed hope that the CSR collaboration between SGPJB and PLN NR would bring benefits to the community. Head of the Specific Vital Object Security Sub-Directorate, Banten Regional Police, AKBP Asep Juhri, representing the stakeholders, expressed his gratitude and appreciation for the CSR collaboration between SGPJB and PLN NR. According to him, the conducive environment around PLTU Jawa 7 has continued to improve thanks to the Management’s active role in building good relationships with the community. “There are many programs whose benefits have already been felt by the community, fostering a sense of ownership and a spirit of collaboration to safeguard it together,” he concluded.
PLN Nusantara Renewables Inaugurated Drilled Water Well, Providing Hundreds of Residents With Access To Clean Water.
Bandung Barat, December 9, 2024 – With gratitude, PLN Nusantara Renewables (PLN NR) officially inaugurated a drilled water well at Quratul’Ain Al Ash’Ary Islamic Boarding School, Ciroyom Village, Cipeundeuy Sub-District, Bandung Barat. Located within the operating area of Cirata Floating PV Power Plant, this initiative serves as a clear demonstration of PLN NR’s commitment to support the welfare of the community around the company’s operational area, especially in fulfilling the needs of access to clean water in of hard-to-reach area.This project was successfully carried out thanks to cooperation with the Shaf Foundation, a non-governmental organization (NGO) that focuses on the fulfillment of clean water needs in various mosques and Islamic boarding schools in Indonesia. The drilling commenced on October 20, 2024, and encountered various challenges due to the rocky soil contours which frequently interfere with equipment, resulting in extended working hours. However, thanks to the team’s hard work, aquifer with optimal water discharge was found at a depth of 56 meters and the water well was completed on November 14, 2024. In practice, the supply of clean water is not only utilized by the students and administrators of the boarding school, but also for hundreds of families in the surrounding community.In his opening speech, Harjono as the President Director of PLN NR stated, “Environmental sustainability and community empowerment is an important foundation of PLN NR business process. With this drilled water well, we hope to provide the community with easy access to clean water, while also contributing to improved welfare, health, and productivity. Hopefully this small contribution will be the first step for a bigger and better improvement for the community around Cirata Floating PV Power Plant.The Quratul’Ain al-Ash’Ary Islamic Boarding School, which has been a center for education and social activities in the region, warmly welcomed the initiative. The Principal of boarding school, Sulaeman, expressed his gratitude and appreciation, “This water well not only alleviates the burden on our school, but also serves as a blessing for the surrounding community, who previously had to rely on water from murky rice fields, potentially contaminated with pesticides." This project reinforces the mission of PLN Nusantara Renewables to not only deliver environmentally friendly renewable energy but also provide tangible benefits for the lives of people around its operational area
