ILLUSTRATION. PLN
Reporter: Aziz Husaini | Editor: Aziz Husaini
KONTAN.CO.ID -JAKARTA. The establishment of the Geothermal BUMN Holding is confirmed to start in November 2021. Later, PT Pertamina Geothermal Energy (PGE) will become the leader of the geothermal holding by acquiring assets from PLN Gas and Geothermal, PT Indonesia Power, and PT Geo Dipa Energi.
However, the PLN Workers Union, the Indonesia Power Workers Union and the PJB Workers Union rejected PGE as the holding leader. They want PLN to become the Geothermal BUMN Holding.
In the invitation letter in the WhatsApp group, it was written that the three unions would hold a press conference on Tuesday 27 July 2021 to reject the privatization of power plants and reject PGE as the head of the holding.
Muhammad Abrar Ali, General Chairperson of the PLN Workers Union DPP, wrote that for the holding of PLTP the plan is to combine several state-owned companies and BUMB subsidiaries, including PT PLN, PT Geo Dipa, PT Pertamina Geothermal Energi, and PT Indonesia Power.
“The problem is that this PLTP holding plan will make PGE the holding company,” Abrar wrote in an invitation letter to reporters today.
Whereas Abrar said referring to the legal considerations of the Constitutional Court related to the judicial review decision of the Electricity Law for the electricity business, PLN is the holding company.
Simultaneously, the Ministry of State-Owned Enterprises will conduct an IPO for electricity businesses that are currently still owned by PLN and its subsidiaries.
Whereas IPO basically sells shares owned by a company to another party (private). “In other words, this is a form of privatization or the entry of private ownership into the company,” Abrar wrote again.
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