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BNI Supports PLN's SPKLU Development

BNI Supports PLN's SPKLU Development

Jakarta, 5 April 2022 -- PT Bank Negara Indonesia (Persero), Tbk. or BNI (stock code : BBNI) continues to increase its green financing expansion efforts by continuing to look for potential quality corporate projects. This is in line with BNI's status as a green Banking pioneer to continue to improve economic stability while continuing to encourage the restoration of environmental sustainability.

Not long ago, BNI became one of the state-owned Banks that signed a Memorandum of Understanding (MoU) related to financing the construction and development of a public electric vehicle charging station (SPKLU) with PT PLN (Persero). This is in line with the Government's steps to encourage the use of Battery-Based Electric Motorized Vehicles (KBLBB).

Apart from being an effort to accelerate the electric vehicle ecosystem, the construction and development of SPKLU is believed to be able to improve services and expand the range of charging stations which will have an impact on increasing public interest in owning electric vehicles.

In the signing procession of the MoU, the Minister of Energy and Mineral Resources, Arifin Tasrif said at this meeting Indonesia explained Indonesia's commitment to reducing world emissions. One of the steps to reduce emissions is through the electricity sector such as the development of new and renewable energy (EBT) and also increasing innovation and technology for reducing carbon emissions.

Through the Energy Transition Working Group (ETWG) 1 forum, Arifin invited all G20 countries to be able to discuss what steps can be taken together in increasing innovation to reduce carbon emissions. As the host of the G20 Presidency, Indonesia opens cooperation to all parties to be able to achieve the net zero emission target by 2060.

"In this meeting, Indonesia invites all parties to collaborate and discuss technologies that are environmentally friendly, sustainable and affordable," said Arifin at the Energy Transition Working Group (ETWG) 1 meeting in Yogyakarta on 24 March 2022.

PLN’s President Director, Darmawan Prasodjo stated that the energy transition is an absolute thing that must be done to provide a better living space for future generations.

"Our vision for the future is not only to provide reliable electricity for the community, but also to distribute green energy that is environmentally friendly. We must pass on to future generations a healthy and green living space," said Darmawan.

To accelerate the formation of an electric vehicle ecosystem, PLN is intensively building SPKLU. As of February 2022, Indonesia has a total of 267 SPKLU units in 195 locations. From that amount, as many as 120 SPKLU in 92 locations are owned by PLN.

BNI's Corporate Secretary Mucharom said the company appreciates PLN's proactive steps which continue to seek new and renewable growth niches in the economic sector. BNI as an agent for using the government's sustainable economy will of course always support the efforts of all corporations to help preserve the environment.
“Indeed, this sustainable economy will be our target. Apart from being an issue that will be brought up at the G20, BNI has its own focus on supporting the green sector," he said.

Mucharom said that BNI's green segment financing performance was very positive in 2021. BNI's green portfolio was recorded at Rp 172.4 trillion or 29.6% of BNI's total loan portfolio. Thus, green financing increased by 23.67% on an annual basis from last year's record of Rp. 139.4 trillion with a portion of 25.4% of BNI's total loan portfolio.

As for credit for the new and renewable energy sector has reached IDR 9.5 trillion, which is specifically given to hydro, diesel and biogas energy. “Our green credit position in the first quarter continued to increase. We have also signed several green financing cooperation agreements to continue to strengthen our position as a green Banking pioneer,” he added.

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