About PLN Nusantara Renewables

PT Pembangkitan Jawa Bali Investasi (PJBI) is a subsidiary of
PT PLN Nusantara Power (PT PLN NP) – previously referred to as PT Pembangkitan
Jawa Bali (PJB) designed as an Independent Power Producer (IPP). PJBI is
expected to be a vehicle for PT PLN NP developing IPP for the purpose of
obtaining funding in capital market.
Vision
Becoming a Leading Electricity Investment Company in Sustainable Renewable Energy
Mission

Developing investment portfolio which focus on green energy

Optimizing investment management to ensure corporate sustainability

Promoting talent in investment and sustainable energy

Portfolio
PT PJBI currently has a total project
development of 2,955 MW throughout Indonesia

PT PJBI 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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Batang Toru HPP 510MW is one endevaour of PT PJBI 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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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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Floating PV Cirata will be the first Floating Power Plant in Indonesia and the biggest one in South Asia that is targeted to operate commercially in 2023. This project is a realization of PT PJBI’s committment to support the utilization of renewable energy as well as forms a cooperation between Indonesia and the United Arab Emirates.
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Batang Toru HPP
510 MW
Batang Toru HPP 510MW is one endevaour of PT PJBI 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.

Floating PV Cirata
145 MWac
Floating PV Cirata will be the first Floating Power Plant in Indonesia and the biggest one in South Asia that is targeted to operate commercially in 2023. This project is a realization of PT PJBI’s committment to support the utilization of renewable energy as well as forms a cooperation between Indonesia and the United Arab Emirates.
News & Article
PLTU Jawa 7 Won the Gold Award of National Quality Engineering
The China National Quality Engineering Award is the highest award in the field of construction engineering in China, which has been organized since 1981 by the Chinese government. The China National Quality Engineering Award consists of the National Quality Engineering Award and Gold Award of National Quality Engineering categories.The Gold Award of National Quality Engineering is the most prestigious award in the field of engineering construction. Only engineering construction projects (including related projects in the areas of energy, construction, urban planning, transportation, water conservancy, mining, and so on) with the best cutting-edge design, construction, management, operation, and performance have the opportunity to compete for this award and become representatives of the highest level and latest achievements of Chinese engineering construction.PLTU Jawa 7 was built under the Independent Power Producer (IPP) scheme in collaboration between PT PJB Investasi and China Shenhua Energy. PLTU Jawa 7 is a coal-fired steam power plant that uses new Ultra Super Critical (USC) boiler technology with an installed capacity of 2x1,050 MW and is the first Coal-Fired Power Plant (PLTU) with the largest installed capacity per unit in Indonesia that is highly efficient and low in emission, and is the best environmentally friendly power plant invested by China.Since the signing of the Power Purchase Agreement (PPA) in 2016, the PLTU Jawa 7 Construction Team has been determined to achieve the Gold Award of National Quality Engineering by upholding the spirit to achieve the best at every stage of the PLTU Jawa 7 construction development. They dare to innovate, make optimal efforts, so as to successfully build a thermal power plant construction project with the best design, which is safe, high quality, efficient, and environmentally friendly. In January 2023, PLTU Jawa 7 won the Gold Award of National Quality Engineering from the Chinese government. PLTU Jawa 7 has also won a number of other international awards, including the Asian Power Awards 2021 Gold Award for the Coal Power Project of the Year category and the Fast-track Power Plant of the Year category, Asian Power Awards 2022 ESG Programme of the Year Country Level Indonesia, and China Power Quality Project 2022.

K3 Webinar for PJBI Group
As a form of commitment to the importance of Occupational Safety and Health (K3) aspects, especially in overseeing project development, PT PJBI organized a K3 Webinar in the Construction Phase with speaker Yuan Fuadi S.T, M.KKK, a K3 practitioner in the Oil and Gas Mining Industry. This event was held on Thursday, 16th March 2023 at 10.00 to 12.00 WIB via video conference using the Zoom application. In addition to Directors and Employees of PT PJBI, this event was also attended by Directors and Employees of PT PJBI's Works Assignment at Subsidiaries and Affiliated Companies of PT PJBI namely PT SGPJB, PT GHPJB, PT NSHE, PT SSPewali and PT PMSE. By organizing this event, it is hoped that K3 will become an aspect that is always involved in daily activities to ensure safety and health in the work environment.
Shareholders approved PT PJBI’s RKAP (Company’s Work Plan and Budget) for 2023
On Tuesday, January 31st, 2023, a General Meeting of Shareholders was held to ratify the Work Plan and Budget (RKAP GMS) of PT PJBI for 2023 at Dharmawangsa Hotel, South Jakarta. In PT PJBI's 2023 RKAP, the theme "Sustainable Investment towards Net Zero Emission" was carried out which illustrates PT PJBI's focus on carrying out projects both assignments and initiations by utilizing New and Renewable Energy in line with the transformation of PT PLN (Persero) and also the Grand Strategy of PT PLN Nusantara Power. There are 4 Corporate Priority Programs in 2023 that include: (1) Supervision of Assigned Projects, (2) Optimization of Funding and Return on Investment, (3) Enhancement of Business Development Opportunities and (4) Improvement of Corporate Management. This activity took place seamlessly from 10.00 to 12.00 WIB which began with the presentation of the PT PJBI Company Work Plan and Budget by the Board of Directors of PT PJBI, presentation of the PT PJBI Board of Commissioners' Response by the President Commissioner of PT PJBI, question and answer session with PT PJBI Shareholders namely PT PLN Nusantara Power and PT PJBI Welfare Foundation and ended with the reading of the 2023 General Meeting of Shareholders (GMS) Resolution of PT PJBI RKAP. PT PJBI hopes that all plans that have been submitted can be carried out well and exceed the expectations of all stakeholders and provide many benefits for the advancement of Indonesia's electricity business.

Abu Dhabi Sustainability Week (ADSW) 2023
Abu Dhabi Sustainability Week (ADSW) 2023 is an international conference on sustainable development attended by the global community with a vision towards net zero emissions through an inclusive energy transition. In 2023, ADSW was held from January 14th to 19th, 2023 at the Abu Dhabi National Exhibition Centre (ADNEC) with the theme Uniting The Global Community on The Road to Net Zero: an inclusive energy transition inThe event is a global initiative endeavored by the United Arab Emirates (UAE) and hosted by clean energy company Masdar (Abu Dhabu Future Energy Company – PJSC) with the aim of accelerating sustainable development and advancing economic, social and environmental sustainability.Masdar is PJBI’s strategic partner in the development of the 145 Mwac Cirata Floating PLTS, which is currently under construction.PT PJBI was invited by Masdar to witness the United Arab Emirates (UAE)’s commitment in delivering clean energy that has been and is still being developed. “We also had the opportunity to meet with other strategic investors who have the same vision in maximizing the use of renewable energy, and see first-hand the development of sustainable energy development in the United Arab Emirates (UAE),” explained Amir Faisal, President Director of PT PJBI. With the support of all parties, it is hoped that major initiatives and agreements can have a good impact on the sustainable life of the earth.
PT PJBI APPA Forum as a Means of Learning Together
On Wednesday, January 11th, 2023, PT PJBI held the PT PJBI Subsidiary and Affiliated Companies (APPA) Forum for the January 2023 period at the Aston Priority Simatupang and Conference Center Hotel, Jakarta. The PT PJBI APPA Forum is a routine monthly corporate activity as a forum for discussion related to project developments in each PT PJBI APPA. The APPA Forum of PT PJBI for the period of January 2023 is quite special because for the first time the APPA Forum of PT PJBI is held together for all APPAs of PT PJBI, because so far, the implementation is separate for each APPA. In addition, in connection with the new start of 2023, at the APPA Forum of PT PJBI for the period of January 2023, all of the APPAs of PT PJBI were asked to not only present the latest progress of their projects, but also evaluate the performance in 2022 and plan for 2023. The event implementation of APPA PT PJBI Forum together for all APPAs of PT PJBI also aims as a learning platform because there are common issues that occur during the implementation of construction and also project operations. The implementation of the PT PJBI APPA Forum together received a positive impression from all APPAs of PT PJBI and is planned to be held regularly every 3 months.