Indonesia grants PLN sole authority over cross-border power trade

Indonesia granted PLN exclusive authority over international electricity trade in September. (Image: iStock)

Indonesia has taken a decisive step in advancing cross-border electricity trade by enacting new legislation that designates state utility Perusahaan Listrik Negara (PLN) as the country’s sole electricity importer and exporter.

The regulation also introduces a flexible mechanism that allows transactions to be settled not only in cash but also through energy or other commodities. Revenue from such trades will be directed toward strengthening national energy security, including funding new and renewable energy projects.