- CEO
- Andrew K. Labbaika
- Full Time Employees
- 828
- Sector
- Utilities
- Industry
- Electric utilities
- Address
- World Trade Centre 1 Jakarta JK Indonesia 12920
- IPO Date
- Jun 14, 2016
- Business
- PT Cikarang Listrindo Tbk (POWR.JK) operates as Indonesia's longest-running private power utility, generating, transmitting, and distributing electricity to industrial estates and PLN since commencing operations in 1993; headquartered in Jakarta, the company maintains a total installed capacity of 1,165.2 MW from gas-fired plants at Jababeka and MM-2100 totaling 864 MW, a 280 MW coal-fired steam power plant at Babelan with circulating fluidized bed technology supporting up to 28 MW biomass co-firing, and 21.2 MWp rooftop solar photovoltaic installations across customer sites and its facilities; it manages a 150 kV transmission line spanning over 30 km and a 20 kV distribution network stretching 1,715 km to serve more than 2,600 customers in five key industrial estates in West Java's Bekasi, Karawang, and Purwakarta regions—Jababeka, MM-2100, East Jakarta Industrial Park, Hyundai Inti Development, and Lippo Cikarang—primarily light and medium manufacturers in automotive, electronics, plastics, food, chemicals, consumer goods, heavy industry, and data centers, alongside electric vehicle charging stations. The company holds integrated electricity supply permits and emphasizes sustainability through ISO 9001, 14001, and 45001 certifications, PROPER green ratings, and SRI-KEHATI index inclusion. In recent developments, PT Cikarang Listrindo Tbk established subsidiaries PT Energi Baik Alami in June 2025 and PT Alami Energi Lestari in August 2025 to drive renewable energy expansion and green initiatives, aligning with national decarbonization policies; it expanded rooftop solar from a 2018 pilot to 21.2 MWp by 2023, enhanced biomass co-firing capabilities in 2021, and launched commercial EV charging stations in 2023, while securing EGMS approval in November 2024 for up to USD 500 million in bonds to refinance debts.