PT PP Tbk

PP Energi grew as one of the business entities which initially sought to be a strategic partner for the Government of Indonesia to meet electricity needs both for industrial and community needs. The company strives for optimal acceleration of businesses in this challenging sector. This challenge is evident from the dynamics of electricity industry regulation throughout 2017, which then made management decide to make the transition into the oil and gas sector. For this reason, in the second half of 2017, the Company began implementing policy changes through the "Adaptive Transition" strategy by expanding business in the oil and gas sector. The oil and gas sector as a promising energy sector is expected to be the answer to the Company's desire to continue to improve its business in the future. One of an achieved breakthrough is PT. Odira Energy Karang Agung (OEKA) with a production target of 1000 BOPD, followed by a planned construction of a stockpile of PT. Surya Mina Bunkerindo with a capacity of 1 million CBM which will open business opportunities in the international scale. In the sector of power generator, PP Energi has been approved by PLN to become one of the IPP project developers of steam power plants in Jambi with a capacity of 2x300 MW. This has become a significant achievement by the company which has been having 6 power plant investment projects with an accumulation of electricity capacity of 1000 MW. In addition, on the Renewable Energy sector in Indonesia, PT PP Energi has the commitment to contribute their renewable energy investment into specializes for hydropower, solar power and bioenergy as well. Furthermore, the Company runs on the basis of corporate values called PPBID (Personal Awareness, Professional, Be Grateful, Integrity, and Discipline) where these elements can become a foundation to achieve sustainable growth. With the existence of reliable and extrusive resources, PT PP Energi is convinced that the next generation will be aware in taking care of its consistency and presence of the Company. In the future, PP Energi will continue to promote international energy investment activites as it is supported by PT PP (Persero) Tbk, EPC & Regular Construction Divisions whose regarded as reputable construction company in the region. Lastly, The Board of Directors would like to deliver their utmost appreciation to the entire shareholders, stakeholders, and business partners. Highest gratitude is as well addressed to the Board of Commissioners, related committees, and all of the employees who have been contributive towards the growth of PP Energi. May the work of ours be blessed and be protected by the Almighty Lord. Amen.