PT PLN Nusantara Power Construction, commonly referred to as PLN NPC, is a subsidiary of PT PLN Nusantara Power that specializes in engineering, procurement, and construction (EPC) services for the electricity sector. Established to support Indonesia’s growing demand for reliable and sustainable energy infrastructure, the company plays a pivotal role in executing strategic national projects, particularly in the development of substations, transmission lines, and power generation facilities. With its headquarters located in South Jakarta, PLN NPC operates under the broader mandate of PT PLN (Persero), Indonesia’s state-owned electricity company, and contributes significantly to the country’s energy transition and electrification goals.
Bank Mandiri Taspen, also known as Bank Mantap, is a subsidiary of Bank Mandiri that provides banking services specifically for retired civil servants (PNS) and military personnel (TNI / Polri). Established on February 23, 1970, as Bank Pasar Sinar Harapan Bali, it has undergone several transformations over the years. Initially a cooperative, it became a limited liability company (PT) on November 3, 1992, and later transformed into a full-fledged bank. In 2008, Bank Mandiri acquired Bank Sinar Harapan Bali, leading to a restructuring process that involved Bank Mandiri, PT Taspen, and PT Pos Indonesia. This restructuring resulted in the renaming of the bank to PT Bank Mandiri Taspen Pos on August 7, 2015, and later to PT Bank Mandiri Taspen on October 9, 2017. Bank Mandiri Taspen offers a variety of financial products and services tailored to the needs of its target customers, including savings accounts, deposits, loans, gold pawn services, and bill payment platforms. The bank is committed to supporting the financial well-being of retired civil servants and military personnel, helping them maintain a stable income even after retirement.
PT Adaro Andalan Indonesia is a dynamic company that plays a significant role in the energy and mining sector in Indonesia. As part of the broader Adaro Group, the company is committed to supporting Indonesia’s energy needs through sustainable practices, innovation, and operational excellence. With a strong foundation in coal mining and energy production, PT Adaro Andalan Indonesia has expanded its focus to include integrated services, infrastructure development, and renewable energy initiatives, reflecting its vision of becoming a leading energy provider in the region. The company’s operations are designed to balance economic growth with environmental responsibility, ensuring long-term benefits for stakeholders, employees, and the communities in which it operates.
PT Vale Indonesia was established by Deed No. 49 dated July 25, 1968, drawn up before Eliza Pondaag, a public notary in Jakarta. We operates under a Contract of Work, which was amended with a Special Mining Business Permit (IUPK) on May 13, 2024. The contract is valid until December 28, 2035, and the concession covers an area of 118,017 Ha covering South Sulawesi (70,566 hectares), Central Sulawesi (22,699 hectares) and Southeast Sulawesi (24,752 hectares). In producing nickel in the Sorowako Block, we use pyro metallurgical technology (in melting the laterite nickel ore). The Company mines laterite nickel ore and processes it into the final product of nickel in matte. The Company also continues its plan to developing integrated mining practices through the Indonesia Growth Project (IGP) in Morowali Regency, Central Sulawesi, and in Kolaka Regency, Southeast Sulawesi. The development project also targets existing operational locations, in East Luwu Regency, South Sulawesi. As the two largest shareholders, MIND ID (PT Mineral Industri Indonesia) and Vale Canada Limited (VCL) jointly control PT Vale Indonesia Tbk. MIND ID holds the largest share in the company at 34.00%, while VCL holds approximately 33.88%.
PT Angkasa Pura Suport (APS) is a subsidiary of PT Angkasa Pura I (Persero) (Now, PT Angkasa Pura Indonesia / InJourney Airports), established in March 2012 to provide comprehensive and integrated property maintenance services, particularly for airport facilities. The company was founded with the vision of supporting the parent company in delivering world-class services to passengers and visitors at airports across Indonesia. APS has since evolved into a key player in the aviation support industry, offering a wide range of services that extend beyond airport operations to include commercial and public properties such as hospitals and office buildings.
PT Bank Negara Indonesia (Persero), Tbk (BNI) was originally established in Indonesia as a central Bank under the name of “Bank Negara Indonesia” on July 5, 1946. Subsequently, BNI became “Bank Negara Indonesia 1946”, with the status of a State-owned Commercial Bank. Additionally, BNI’s role as a Bank was mandated to improve the people’s economy and participate in national development. BNI as a State Owned Enterprise was the first to became a public company after listing its shares on the Jakarta Stock Exchange and the Surabaya Stock Exchange in 1996. To strengthen its financial structure and competitiveness in the national banking industry, BNI conducted a number of corporate actions, including being recapitalized by the Government in 1999, Government share divestment in 2007, and a limited public offering in 2010.
PT PLN Nusantara Power Construction, commonly referred to as PLN NPC, is a subsidiary of PT PLN Nusantara Power that specializes in engineering, procurement, and construction (EPC) services for the electricity sector. Established to support Indonesia’s growing demand for reliable and sustainable energy infrastructure, the company plays a pivotal role in executing strategic national projects, particularly in the development of substations, transmission lines, and power generation facilities. With its headquarters located in South Jakarta, PLN NPC operates under the broader mandate of PT PLN (Persero), Indonesia’s state-owned electricity company, and contributes significantly to the country’s energy transition and electrification goals.
Husky-CNOOC Madura Limited (HCML) is a key player in Indonesia’s upstream oil and gas industry. Operating under a Production Sharing Contract (PSC) with the Indonesian government, HCML is a joint venture between Husky Oil Madura Partnership (40%), China National Offshore Oil Corporation Southeast Asia Limited (40%), and SMS Development Ltd. (20%). The company’s mission is to responsibly explore and produce hydrocarbons in the Madura Strait, contributing to national energy security and regional development. HCML’s origins date back to 1982, with the formation of Husky Oil Madura Limited. In 2011, following a strategic partnership with CNOOC, the company was restructured and rebranded as HCML. Since then, it has focused on developing offshore gas fields, with the BD Field being its flagship project. Located approximately 65 kilometers east of Surabaya and 16 kilometers south of Madura Island, the BD Field contains significant reserves of natural gas and condensate. Its development has been instrumental in supplying clean energy to East Java and beyond.