2024 RUPS RKAP: PT PLN Nusantara Renewables Ready to Conquer Challenges and Increase Achievements

Admin PLN Nusantara Renewables
01 February 2024 • 3 min read

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Jakarta, Indonesia – PLN Nusantara Renewables (PLN NR) convened a General Meeting of Shareholders to discuss the Company's Work Plan and Budget (RUPS RKAP) for the 2024 Fiscal Year on Wednesday (31/01) at The Tribrata Ballroom, South Jakarta. During the meeting, the board of directors presented financial targets, project progress updates, strategies for financial optimization, business development plans, and operational performance projections for 2024 before PLN Nusantara Power and YK PJB, the company's shareholders.

The directors outlined their projections, indicating a targeted increase in net profit of 9% in 2024 compared to 2023, with a simultaneous 11% growth in total assets. On the operational front, it was reported that PLTS IKN 50 MW is slated to be operational and expected to sell 7.73 GWh of electricity in 2024.

Human resources (HR) emerged as a focal point during the question and answer session. The Director of Human Capital Management and Administration of PT PLN Nusantara Power emphasized the importance of building a competency directory to facilitate talent mobility within the PLN Nusantara Power Group and Joint Venture Company, considering the specific business model of PLN Nusantara Renewables. This input aligns with the ongoing HR talent development program within the company.

PLN Nusantara Renewables expressed confidence in meeting the financial, business development, and operational targets outlined during the meeting. The company remains hopeful that the 2024 fiscal year will proceed smoothly, meeting the expectations of all stakeholders and contributing to a greener and more sustainable Indonesian electricity industry.


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