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PLN eyes 10% power sales growth in challenging year

State-owned electricity firm PT PLN is seeing robust growth in its electricity sales this year, although consumption may be affected by the gloomy global and domestic economies.

The company is targeting to book 218.8 terawatt hours (TWh) in electricity sales this year, a 10 percent increase compared to the total consumption of 198.6 TWh last year.

That compares to the 5.9 percent increase in electricity sales last year — lower than the 9 percent target — as Indonesia’s latest economic growth data in the third quarter shows a 5 percent expansion, the slowest in five years.