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Accelerate Laporan Tahunan 2024 Annual Report PT Pertamina Geothermal Energy Tbk PENDAHULUAN
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01 PENDAHULUAN
PREFACE
SANGKALAN DAN BATASAN TANGGUNG JAWAB
DISCLAIMER AND LIMITS OF RESPONSIBILITY
Laporan Tahunan ini berisi pernyataan-pernyataan, data dan informasi This Annual Report provides statements, data, and information that
yang dapat dianggap sebagai pandangan masa depan (forward looking may be categorized as forward-looking statements on projections,
statements) berupa proyeksi, asumsi, dan ekspektasi, yang memiliki faktor assumptions, and expectations. These statements carry risks
risiko dan ketidakpastian yang membuat pernyataan tersebut tidak dapat and uncertainties that make these statements unable to be fully
sepenuhnya terealisasi. materialized.
Dalam Laporan Tahunan ini kata “PGE”, “Perusahaan”, “Perseroan”, In this Annual Report the terms “PGE”, “Company”, “Corporation”,
diasosiasikan kepada PT Pertamina Geothermal Energy Tbk. Penulisan are associated with PT Pertamina Geothermal Energy Tbk. The
“Pekerja PGE”, “Pekerja” dan “Perwira” merujuk kepada karyawan PGE. terms “PGE Employees”, “Employees”, and “Officers” refer to
Adakalanya kata “kami” digunakan atas dasar kemudahan untuk menyebut employees of PGE. Occasionally, the term "we" is used for simplicity
PT Pertamina Geothermal Energy Tbk secara umum, atau sebagai kata to refer to PT Pertamina Geothermal Energy Tbk in general, or as
ganti Dewan Komisaris dan Direksi dalam Laporan Manajemen. a pronoun for the Board of Commissioners and Board of Directors
in Management Report.
Laporan Tahunan PGE 2024 saling melengkapi dengan Laporan The 2024 PGE Annual Report complements the 2024 PGE
Keberlanjutan PGE 2024 yang tersedia dalam buku terpisah. Sustainability Report, which is available in a separate publication.
Klik https://www.pge.pertamina.com/id/laporan untuk mengunduh Laporan Tahunan ini.
Click https://www.pge.pertamina.com/en/report to download this Annual Report.
2 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Accelerate
Sepanjang tahun 2024 PT Pertamina Geothermal PT Pertamina Geothermal Energy Tbk (PGE) throughout
Energy Tbk (PGE) terus memperkuat kinerja melalui 2024 continues to solidify its performance through
percepatan pengembangan kapasitas terpasang accelerated organic development of installed capacity,
secara organik, peningkatan komersialisasi berbasis increased commercialization based on local capacity
kapasitas lokal dan produksi dalam negeri, serta and domestic production, as well as diversification of
diverfisikasi pemanfaatan panas bumi di luar sektor leveraging geothermal outside the electricity sector.
kelistrikan.
Melalui pendekatan ini, PGE akan memperkuat Through this approach, PGE will strengthen its role in
perannya dalam mendukung swasembada dan achieving national energy self-sufficiency and security,
ketahanan energi nasional, mendorong transisisi menuju promote the transition towards sustainable energy, and
energi berkelanjutan, serta memperbesar kontribusi boost its contribution to economic growth and increased
terhadap pertumbuhan ekonomi dan peningkatan Gross Domestic Product (GDP).
Produk Domestik Bruto (PDB).
2024 Annual Report PT Pertamina Geothermal Energy Tbk 3
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01 PENDAHULUAN
PREFACE
KESINAMBUNGAN TEMA
THEME CONTINUITY
2024 2023
ACCELERATE ELEVATE
Sepanjang tahun 2024 PT Pertamina Geothermal Pada tahun 2023, PT Pertamina Geothermal Energy Tbk
Energy Tbk (PGE) terus memperkuat kinerja melalui (PGE) mencatat berbagai pencapaian yang membuat
percepatan pengembangan kapasitas terpasang Perseroan naik kelas sebagai korporasi yang lebih
secara organik, peningkatan komersialisasi berbasis berkualitas dan bertanggung jawab, dengan mencatat
kapasitas lokal dan produksi dalam negeri, serta sejarah menjadi perusahaan terbuka, menerbitkan
diverfisikasi pemanfaatan panas bumi di luar sektor green bond, hingga menjadi penyedia kredit karbon
kelistrikan. pertama di Bursa Karbon Indonesia.
Melalui pendekatan ini, PGE akan memperkuat Kami juga mendapatkan penilaian dan apresiasi
perannya dalam mendukung swasembada dan eksternal yang membuktikan pengelolaan risiko ESG
ketahanan energi nasional, mendorong transisisi menuju Perseroan yang baik, seperti peringkat Negligible
energi berkelanjutan, serta memperbesar kontribusi Risk dari Sustainalytics, serta PROPER Emas 13
terhadap pertumbuhan ekonomi dan peningkatan tahun berturut-turut untuk Area Kamojang. Seluruh
Gross Domestic Product (GDP). pencapaian tersebut menjadi bukti bahwa strategi
Perseroan telah sejalan dengan visi PGE untuk menjadi
perusahaan energi hijau berkelas dunia.
PT Pertamina Geothermal Energy Tbk (PGE) throughout In 2023, PT Pertamina Geothermal Energy Tbk (PGE) achieved
2024 continues to solidify its performance through various milestones that elevated the company to a higher
accelerated organic development of installed capacity, level as a more quality-oriented and responsible corporation.
increased commercialization based on local capacity Among these achievements are making history by becoming a
and domestic production, as well as diversification of publicly traded company, issuing green bonds, and becoming
leveraging geothermal outside the electricity sector. the first provider of carbon credits on the Indonesian Carbon
Exchange.
Through this approach, PGE will strengthen its role in We also received external assessments and appreciation
achieving national energy self-sufficiency and security, demonstrating the company’s good ESG (Environmental,
promote the transition towards sustainable energy, and Social, and Governance) risk management, such as a rating
boost its contribution to economic growth and increased of Negligible Risk from Sustainalytics and PROPER Gold for
Gross Domestic Product (GDP). 13 consecutive years for the Kamojang Area. All of these
achievements serve as evidence that the company’s strategy
aligns with PGE’s vision to become a world-class green energy
company.
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2022 2021
ENERGIZING ENERGIZING GREEN
RESILIENT GREEN FUTURE
FUTURE
Sebagai perusahaan yang mengelola panas bumi Memberikan energi untuk masa depan yang lebih hijau
terbesar di Indonesia, PT Pertamina Geothermal adalah perjuangan tanpa henti. Sebagai pengelola
Energy Tbk (PGE) bertekad menjadi perusahaan panas bumi terbesar di Indonesia, PGE berkomitmen
energi bersih kelas dunia pada tahun 2030. untuk terus mendukung pemerintah dan pelaku usaha
PGE telah menyiapkan berbagai strategi dan inovasi dalam perjalanan mengurangi emisi karbon yang
serta menghadirkan ketangguhan energi bersih masa dihasilkan dari produksi energi.
depan untuk mewujudkan komitmen tersebut.
Kami akan melanjutkan upaya pemanfaatan panas
As the largest geothermal operator in Indonesia, bumi di dalam negeri, yang telah dimulai sejak
PT Pertamina Geothermal Energy Tbk (PGE) aspires to tahun 1974. Hingga saat ini PGE telah berkontribusi
become a world-class clean energy company by 2030. kepada 82% kapasitas energi panas bumi terpasang
PGE has prepared various strategies and innovations di Indonesia.
by energizing a resilient green future to deliver this
commitment. Energizing a green future is a relentless struggle.
As the largest geothermal operator in Indonesia,
PGE is committed to supporting the Government and
businesses in their journey to reduce carbon emissions
from energy production.
We will continue our endeavors to leverage geothermal
energy in the country, which began in 1974. To date,
PGE has contributed to 82% of Indonesia’s installed
geothermal energy capacity.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 5
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152 Informasi Pemegang Saham
DAFTAR ISI 37 Paten Shareholder Information
Table of Content Patent 160 Kronologis Pencatatan Saham
39 Peristiwa Penting 2024 Chronology of Share Listing
Important Events 2024 162 Kronologis Pencatatan Obligasi
Chronology of Bond Listing
v
163 Struktur Grup Perseroan
Corporate Group Structure
164 Entitas Anak, Entitas Asosiasi, dan
Perusahaan Ventura
Subsidiaries, Associates, and Joint
Ventures
01
169 Alamat Kantor Area, Entitas Anak,
03
PENDAHULUAN LAPORAN dan Entitas Asosiasi
PREFACE
MANAJEMEN Address of Area office, Subsidiaries,
and Associates
2 Sangkalan dan Batasan Tanggung MANAGEMENT REPORT
170 Nama dan Alamat Lembaga dan/
Jawab
52 Laporan Dewan Komisaris Atau Profesi Penunjang Pasar Modal
Disclaimer and Limits of Responsibility
Name and Address of Capital
3 Penjelasan Tema Report of the Board of Market Supporting Institutions and/or
Commissioners Professions
Annual Report theme
68 Laporan Direksi 176 Keanggotaan Asosiasi
4 Kesinambungan Tema
Report of the Board of Directors Association Membership
theme Continuity
178 Informasi Pada Situs Web Perseroan
8 Strategi PGE
Information on Company’s Website
PGE's Strategy
9 Keberlanjutan Sebagai Bagian dari
Bisnis
Sustainability as Part of the Business
10 Pencapaian Penting 2024
2024 Achievement
04 PROFIL
11 Menciptakan Dampak Positif Yang
Berkelanjutan
Creating A Sustainable Positive Impact PERUSAHAAN
12
13
Menerapkan Tanggung Jawab Sosial
Implementing Social Responsibility
Menerapkan Tata Kelola yang Baik
97
COMPANY PROFILE
Tentang PGE 05 PENUNJANG
BISNIS
BUSINESS SUPPORT
About PGE
Implementing Good Corporate
99 Riwayat Singkat Perseroan 182 Sumber Daya Manusia
Governance
14 Apresiasi Eksternal Terhadap Brief History of the Company Human Resources
Pencapaian ESG PGE 101 Jejak Langkah Perseroan 197 Digitalisasi dan Keamanan Siber
External Appreciation For PGE’s ESG Milestone Digitalization and Cyber Security
Achievements
105 Visi, Misi, dan Nilai-Nilai Perseroan
Vision, Mission, and Corporate
Values
107 Kegiatan Usaha
Business Activities
111 Kredit Karbon
Carbon Credit
112 Wilayah Kerja Panas Bumi
02
Geothermal Working Areas
06
IKHTISAR KINERJA 116 Struktur Organisasi ANALISA DAN
PERFORMANCE SUMMARY
Organizational Structure PEMBAHASAN
18 Ikhtisar Keuangan 118 Susunan Dewan Komisaris dan MANAJEMEN
Financial Highlights Direksi
Composition of the Board of MANAGEMENT
21 Ikhtisar Operasional Commissioners and the Board of DISCUSSION AND
Operational Highlights Directors ANALYSIS
124 Profil Dewan Komisaris
22 Ikhtisar Saham 208 Tinjauan Ekonomi dan Industri
Board of Commissioners Profile
Stock Highlights Economic and Industrial Overview
138 Profil Direksi
29 Ikhtisar Obligasi
Board of Directors Profile 213 Strategi Perseroan
Bond Highlights Company’s Strategy
146 Pelatihan dan Pengembangan
30 Penghargaan Kompetensi Dewan Komisaris dan 216 Skema Pemanfaatan Panas Bumi
Awards Direksi Geothermal Utilization Scheme
Training and Competency 221 Tinjauan Operasional Per Segmen Usaha
36 Sertifikasi
Development for the Board of
Certifications Commissioners and Directors Operational Review By Business Segment
225 Kegiatan Eksplorasi dan Pengembangan
Exploration and Development Activities
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228 Geothermal Integrated Management 288 Penerapan Prinsip GCG di PGE 528 Kode Etik
System (GIMS) Implementation of GCG Principles At PGE Code of Conduct
Geothermal Integrated Management 290 Dasar Hukum dan Penanggung Jawab 531 Whistleblowing System
System (GIMS) Penerapan GCG Whistleblowing System
233 Tinjauan Keuangan Legal Basis and Pic of GCG 536 Kebijakan Anti Korupsi
Financial Overview Implementation
Anti-Corruption Policy
291 Kerangka Penerapan GCG
259 Kemampuan Membayar Utang dan 538 Kebijakan Gratifikasi
Kolektibilitas Piutang GCG Implementation Framework
Gratification Policy
Ability To Pay Debt and Receivables 298 Rapat Umum Pemegang Saham (RUPS)
539 Laporan Harta Kekayaan Penyelenggara
Collectability General Meeting of Shareholders (GMS) Negara (Lhkpn)
261 Struktur Modal dan Kebijakan Atas 318 Dewan Komisaris State Officials Wealth Report (Lhkpn)
Struktur Modal Board of Commissioners 540 Perdagangan Orang Dalam
Capital Structure and Policy on Capital 344 Direksi Insider Trading
Structure Board of Directors 543 Kebijakan Pemberian Kompensasi Jangka
261 Ikatan Material Untuk Investasi Barang 371 Pengangkatan/Nominasi dan Panjang
Modal Pemberhentian/Pengunduran Diri Dewan Policy For Providing Long-Term
Material Commitment for Capital Goods Komisaris dan Direksi Compensation
Investment Appointment/Nomination and 545 Perlindungan Hak Kreditur
262 Realisasi Investasi Barang Modal Dismissal/Resignation of the Board of
Commissioners and the Board of Directors Creditor Rights Protection
Capital Investment Realization 546 Pengadaan Barang dan Jasa
378 Prosedur dan Pelaksanaan Remunerasi
262 Informasi dan Fakta Material Setelah Dewan Komisaris dan Direksi Goods and Services Procurement
Tanggal Laporan Akuntan Procedures and Implementation 550 Akses Informasi dan Data Perseroan
Material Fact and Information Subsequent of Remuneration For the Board of Access To Company Information and Data
the Date of the Accountant Report Commissioners and the Board of Directors
551 Evaluasi Penerapan GCG
262 Pernyataan Kepatuhan Membayar Pajak 384 Hubungan Afiliasi Antara Anggota Evaluation of GCG Implementation
Direksi, Dewan Komisaris, dan Pemegang
Statement of Compliance for Paying Taxes Saham Utama Dan/Atau Pengendali 552 Evaluasi GCG Berdasarkan Parameter
263 Perbandingan Target Awal Tahun Buku Affiliate Relations Between Members BUMN
Dengan Hasil Yang Dicapai (Realisasi) of the Board of Directors, the Board of GCG Evaluation Based on SOE
Comparison of Initial Financial Year Targets Commissioners, and Ultimate and/Or Parameters
with Achieved Results (Realization) Controlling Shareholders 558 Evaluasi GCG Berdasarkan Parameter
266 Prospek Usaha 385 Kebijakan Rangkap Jabatan Dewan ACGS
Komisaris dan Direksi GCG Evaluation Based on ACGS
Business Prospect Parameters
Policy On Concurrent Positions of the
268 Target atau Proyeksi Untuk Satu Tahun Board of Commissioners and the Board of 560 Evaluasi GCG Berdasarkan Ketentuan
Mendatang Directors OJK
Targets Or Projections for the Next Year 386 Pengelolaan Benturan Kepentingan GCG Evaluation Based on FSA Provisions
272 Aspek Pemasaran dan Pangsa Pasar Dewan Komisaris dan Direksi 570 Evaluasi GCG Berdasarkan Ketentuan
Management of Conflict of Interests of the PUGKI
Marketing and Market Share Aspect Board of Commissioners and the Board of GCG Evaluation Based on PUGKI
275 Realisasi Penggunaan Dana Hasil Directors Provisions
Penawaran Umum 387 Kebijakan Pengungkapan Kepemilikan 596 Peringkat ESG Dari Sustainalytics
Realization of the Use of Proceeds From Saham Oleh Dewan Komisaris dan
Public offering Direksi ESG Ratings From Sustainalytics
276 Kebijakan Pembayaran Dividen Policy On Share Ownership Disclosure
By the Board of Commissioners and the
Dividend Payment Policy Board of Directors
278 Informasi Mengenai Investasi, Ekspansi, 388 Keberagaman Komposisi Dewan
Divestasi, Akuisisi, Restrukturisasi Utang/ Komisaris dan Direksi
Modal
the Diversity of the Board of
Information Regarding Investment, Commissioners and the Board of Directors
Expansion, Divestment, Acquisition, Debt 391 Komite di Bawah Dewan Komisaris
Restructuring
Committee Under the Board of
279 Informasi Transaksi Material Mengandung Commissioners
08
Benturan Kepentingan dan/Atau Afiliasi
Material Transaction Information Contains
444 Komite di Bawah Direksi TJSL
Committees Under the Board of Directors CSR
Conflicts of Interest and/or Affiliation
451 Sekretaris Dewan Komisaris
281 Perubahan Peraturan Perundang-
Undangan Secretary To the Board of Commissioners 602 Highlight Kinerja Keberlanjutan
Changes In Statutory Regulations 456 Sekretaris Perusahaan PGE 2024
Corporate Secretary 2024 PGE Sustainability Performance
281 Perubahan Kebijakan Akuntansi
462 Hubungan Investor Highlight
Summary In Accounting Policies
Investor Relations
281 Peninjauan Kelangsungan Usaha dan 466 Audit Executive
Strategi Keberlangsungan Usaha 606 SURAT PERNYATAAN
Audit Executive
Business Continuity Review and Business
Continuity Strategy 485 Auditor Eksternal TANGGUNG JAWAB
External Auditor LIABILITY STATEMENT LETTER
486 Sistem Pengendalian Internal
Internal Control System
608 LAPORAN KEUANGAN
496 Sistem Manajemen Risiko FINANCIAL STATEMENTS
Risk Management System
528 Perkara Hukum Berdampak Material
754 DAFTAR
Terhadap Perusahaan, Entitas Anak, PENGUNGKAPAN
Dewan Komisaris, dan Direksi Tahun
2023 SESUAI SEOJK
Lawsuits That Have Material Impact On
07
LIST OF DISCLOSURE BASED ON
TATA KELOLA the Company, Subsidiaries, Board of
CIRCULAR OF THE FINANCIAL
Commissioners, and Board of Directors
PERUSAHAAN In 2023 SERVICES AUTHORITY
CORPORATE GOVERNANCE
2024 Annual Report PT Pertamina Geothermal Energy Tbk 7
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01 PENDAHULUAN
PREFACE
STRATEGI PGE
PGE'S STRATEGY
PGE telah menetapkan target atau sasaran yang akan dicapai melalui tiga
strategi utama yaitu: Geothermal Development, Downstream Industry, dan
Green By Product and Industrial Estate.
PGE has set its targets to be achieved through three main strategies: Geothermal Development,
Downstream Industry, and Green By-Products and Industrial Estate.
PGE akan mendorong pertumbuhan
kapasitas di dalam negeri (organic
growth), mengadopsi teknologi baru
yang telah terbukti secara komersial,
serta melakukan kolaborasi strategi untuk
meningkatkan pendapatan, pangsa pasar,
GEOTHERMAL dan membangun ekosistem yang kuat.
DEVELOPMENT PGE will drive domestic capacity growth (organic
growth), adopt new commercially proven
technologies, and collaborate on strategies to
increase revenue, market share, and build a
strong ecosystem.
PGE akan memperluas jangkauan bisnis
dengan mengembangkan industri hilir dan
melakukan diversifikasi bisnis ke pasar
sektor non-geotermal, untuk meningkatkan
kapabilitas industri dalam negeri,
meningkatkan daya saing, dan memperkuat
keberlanjutan bisnis perusahaan.
DOWNSTREAM PGE will expand its business coverage by
INDUSTRY developing downstream industries and diversifying
its business into non-geothermal sector markets, to
enhance domestic industrial capabilities, improve
competitiveness, and strengthen the Company's
business sustainability.
PGE akan mendorong profitabilitas melalui
pengembangan pusat industri hijau mandiri
(Green Industrial Hub) dan komersialisasi
produk turunan dari panas bumi (Beyond
GREEN BY Energy).
PRODUCT AND
PGE will drive profitability through the
INDUSTRIAL development of an independent green industrial
ESTATE hub and commercialization of geothermal
derivative products (Beyond Energy).
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KEBERLANJUTAN
SEBAGAI BAGIAN
DARI BISNIS
SUSTAINABILITY AS PART OF THE BUSINESS
VISI PGE
PGE VISSION
To Become a World-Class Green Energy Company
AMBISI KEBERLANJUTAN PGE
PGE SUSTAINABILITY AMBITION
Menjadi Perusahaan Energi Global Terkemuka dan
Bereputasi Baik serta Diakui Sebagai Perusahaan yang:
Become a leading and reputable global energy company and to
be renowned as a company that is:
Ramah Lingkungan
Environmentally Friendly
Menerapkan Tanggung Jawab Sosial
Implementing Social Responsibility
Memiliki Tata Kelola yang Baik
with Good Governance
STRATEGI KEBERLANJUTAN PGE
PGE SUSTAINABILITY STRATEGY
Nature
Zero Emission
People And Socioeconomics
Transformation Catalyst
Diterapkan dalam berbagai inisiatif keberlanjutan yang terintegrasi dengan
proses bisnis PGE
Applied in various sustainability initiatives integrated with PGE's business processes
2024 Annual Report PT Pertamina Geothermal Energy Tbk 9
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01 PENDAHULUAN
PREFACE
PENCAPAIAN PENTING 2024
2024 ACHIEVEMENT
USD2.997.402 USD2.008.752 USD390.531
Ribu | Thousands Ribu | Thousands Ribu | Thousands
Meningkat | Increase 1,1% Meningkat | Increase 2% Meningkat | Increase 1%
TOTAL ASET EKUITAS PENDAPATAN USAHA
TOTAL ASSETS EQUITY OPERATING REVENUES
4.827,22 GWh 78,50% USD160.302
Ribu | Thousands Ribu | Thousands
Meningkat | Increase 2% Meningkat | Increase 2% Menurun | Decrease 2%
PRODUKSI OPERASI SENDIRI DIVIDEND PAY OUT RATIO LABA BERSIH
OWN OPERATIONS PRODUCTION NET PROFIT
(DPO)
5,35% 7,98% 5,35%
RASIO KEUANGAN
FINANCIAL RATIOS
ROA ROE ROI
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MENCIPTAKAN
DAMPAK POSITIF YANG
BERKELANJUTAN
CREATING A SUSTAINABLE
POSITIVE IMPACT
54,05%
Limbah B3
Hazardous Waste
Ramah Lingkungan Limbah Non-B3
Environmentally Friendly
61,08% Non-Hazardous
Waste
Total Limbah yang
Dilakukan Reduce,
Reuse, Recycle, Recovery
(4R)
Total Waste Managed
with 4R
Penghindaran Emisi
Emissions Avoidance
94,01%
4.051.167,79
Bauran Energi
CO2eq VS emisi
Terbarukan pembangkit batu bara
Renewable Energy Mix
Ton CO2eq VS coal plant
emissions
Menjadi penyedia kredit
karbon di Bursa Karbon
Indonesia (IDXCarbon)
dengan total karbon
terjual sebesar
863.295 Ton CO2eq
di sepanjang 2024
19
Intensitas Emisi Become a carbon credit
Emissions Intensity provider on the Indonesia
41,09 gr CO2eq/kWh Carbon Exchange
(IDXCarbon) with total
Lebih rendah dibandingkan
Area Konservasi carbon sold of 863,295
dengan Taksonomi Uni Eropa Flora dan Fauna tons CO2eq throughout
100 gr CO2eq/kWh
Flora and Fauna 2024.
Lower than EU Taxonomy Conservation Area
100 gr CO2eq/kWh
Page 12
01 PENDAHULUAN
PREFACE
MENERAPKAN TANGGUNG
JAWAB SOSIAL
IMPLEMENTING SOCIAL
RESPONSIBILITY
Ketenagakerjaan, Pemasok, dan Layanan Pelanggan
Employment, Suppliers and Customer Service
PERTIWI
Tingkat Jam Kerja Aman Tingkat Perputaran Sebagai Organisasi
Kepuasan Pekerja Safe Working Hours Pekerja
Pengembangan Dan
Pemberdayaan Pekerja
Employee Satisfaction Level Perempuan
5.583.707 (Turn Over Rate)
3,92
0,4%
jam | hours As an Organization for the
Development and Empowerment
Maksimal 5,00 | Maximum 5.00 of Women Workers
67 hours/employee
jam/pekerja
92,79% 96,67
Rata-rata Jam Persentase Jumlah
Maksimal 100 | Maximum 100
Pelatihan Per Pemasok Lokal
Pekerja
Average Training
Tingkat Kepuasan Pelanggan
Percentage of Total
Hours per Employee Customer Satisfaction Level
Local Suppliers
Pemberdayaan Masyarakat
Community Empowerment
Rp17,7 Miliar
Billion
70.781 Orang
People
Realisasi Dana Kegiatan TJSL
Realization of CSR Activity Funds
Jumlah Penerima Manfaat Pembangunan
Infrastruktur di Sekitar Wilayah Operasional Dengan penerima manfaat hingga 30.832 orang
PGE
With up to 30,832 beneficiaries
Total Beneficiaries of Infrastructure Development
around PGE Operational Area
12 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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MENERAPKAN TATA
KELOLA YANG BAIK
IMPLEMENTING GOOD
CORPORATE GOVERNANCE
Budaya Organisasi
Organizational Culture
100% Memiliki struktur tata
Tingkat Kepatuhan kelola untuk menjaga
LHKPN keamanan siber
State Official Wealth Have a governance
Report (LHKPN) structure to maintain
Compliance Rate cybersecurity
Menerapkan Sistem
Manajemen Anti
Penyuapan (SMAP) di
seluruh area Perseroan
sejak tahun 2021
Implementing the Anti-Bribery
Management System (ABMS) in all
areas of the Company since 2021
121,84 TERPENUHI
COMPLY
“Leadership in Hasil asesmen GCG
Corporate Governance” berdasarkan Peraturan
Otoritas Jasa Keuangan
93,85 Skor Penerapan GCG (POJK) 21/2015 dan
berdasarkan Parameter berdasarkan ketentuan
SANGAT BAIK | VERY GOOD Asean Corporate Governance Pedoman Umum
Maksimal 100 | Maximum 100 Scorecard (ACGS) Governansi Korporasi
Indonesia (PUGKI)
GCG Assessment Score
Skor Asesmen GCG
based on Asean Corporate GCG assessment results
berdasarkan parameter
Governance Scorecard (ACGS) based on Financial Services
BUMN
Authority Regulation (POJK)
21/2015 and based on the
GCG Assessment Score provisions of the Indonesian
based on SOE Corporate Governance
Manual (PUGKI)
2024 Annual Report PT Pertamina Geothermal Energy Tbk 13
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01 PENDAHULUAN
PREFACE
APRESIASI EKSTERNAL
TERHADAP PENCAPAIAN
ESG PGE
EXTERNAL APPRECIATION
FOR PGE'S ESG
ACHIEVEMENTS
ESG RATING
Morningstar Sustainalytics
7.1 Negligible Risk
#1 dari 679 perusahaan sektor industri
Utilities di seluruh dunia, dengan
peringkat Negligible Risk selama tiga
tahun berturut-turut
#1 out of 679 Utilities industry sector companies
worldwide, with a Negligible Risk score for three
consecutive years
PROPER EMAS
Proper Emas 14 kali berturut-turut
untuk Area Kamojang dan 3 kali
berturut-turut untuk Area Ulubelu
Gold Proper 14th consecutive
times for Kamojang Area and 3rd
consecutive times for Ulubelu Area
14 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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2024 Annual Report PT Pertamina Geothermal Energy Tbk 15
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2
Page 17
IKHTISAR KINERJA
PERFORMANCE
IktisarSUMMARY
Kerja
Performance Highlights
Iktisar Kerja
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L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a 17
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02 IKHTISAR KINERJA
PERFORMANCE SUMMARY
IKHTISAR KEUANGAN
FINANCIAL HIGHLIGHTS
Posisi Keuangan USD Ribu/
Financial Position USD Thousand
Uraian
2024 2023 2022
Description
Aset Assets
Aset Lancar Current Assets 828.555 863.278 433.307
Investasi pada Entitas Asosiasi Investments in Associates 12.093 11.640 23.841
Aset Tidak Lancar Non-Current Assets 2.156.754 2.089.223 2.017.990
Jumlah Aset Total Assets 2.997.402 2.964.141 2.475.138
Liabilitas Liabilities
Liabilitas Jangka Pendek Current Liabilities 227.296 244.104 857.782
Liabilitas Jangka Panjang Non-Current Liabilities 761.354 748.781 361.815
Jumlah Liabilitas Total 988.650 992.885 1.219.597
Ekuitas Equity
Jumlah Ekuitas Total Equity 2.008.752 1.971.256 1.255.541
Liabilitas dan Ekuitas Liabilities and Equity 2.997.402 2.964.141 2.475.138
Laba (Rugi) dan Penghasilan Komprehensif Lainnya USD Ribu/
Profit (Loss) and Other Comprehensive Income USD Thousand
Uraian
2024 2023 2022
Description
Pendapatan Usaha Revenue 407.120 406.288 386.068
Beban pokok pendapatan dan Cost of Revenue and Other Direct
(164.885) (158.352) (173.208)
beban langsung lainnya Cost
Laba Bruto Gross Profit 242.235 247.936 212.860
General and Administrative
Beban umum dan administrasi (31.507) (26.151) (11.801)
Expenses
Pendapatan keuangan Finance Income 33.565 22.171 1.202
Pendapatan/(Beban) lain-lain,
Other Income/(Expense), net (457) 4.270 7.322
bersih
Laba usaha Operating Profit 210.271 226.055 209.583
Beban Keuangan Finance Costs (32.114) (24.215) (14.822)
Laba sebelum Beban Pajak
Profit Before Income Tax Expense 228.159 240.961 194.761
Penghasilan
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Uraian
2024 2023 2022
Description
Beban pajak penghasilan Income Tax Expense (67.857) (77.391) (67.442)
Laba Tahun Berjalan Profit For The Year 160.302 163.570 127.319
Penghasilan komprehensif Comprehensive Income
Pos-pos yang tidak akan Items that will not be reclassified
direklasifikasi ke laba rugi to profit or loss
Pengukuran kembali atas liabilitas Net remeasurement of defined
1.664 (271) 571
imbalan pasti neto benefits liability
(Kerugian)/keuntungan nilai wajar Net fair value (loss)/gain on
(4.812) 3.408 (1.402)
aset bersih atas investasi ekuitas equity investment
(Rugi)/penghasilan komprehensif Other comprehensive (loss)/
(3.148) 3.137 (831)
lain, neto setelah pajak income net of tax
Jumlah penghasilan Total comprehensive
157.154 166.707 126.488
komprehensif tahun berjalan income for the year
Laba tahun berjalan yang Profit for the year
dapat diatribusikan kepada: attributable to:
Pemilik Entitas Induk Owners of the parent entity 160.494 163.594 127.340
Kepentingan non-pengendali Non-controlling interest (192) (24) (21)
Jumlah Total 160.302 163.570 127.319
Penghasilan komprehensif
Comprehensive income for
tahun berjalan yang dapat
the year attributable to:
diatribusikan kepada:
Pemilik Entitas Induk Owners of the parent entity 157.346 166.731 126.509
Kepentingan non-pengendali Non-controlling interest (192) (24) (21)
Jumlah Total 157.154 166.707 126.488
Laba per saham dasar diatribusikan Earnings per share attributable to
kepada pemilik entitas induk (nilai owners of the parent entity (full 0,0039 0,0040 0,0041
penuh) amount)
Arus Kas USD Ribu/
Cash flow USD Thousand
Uraian
2024 2023 2022
Description
Cash Flows from Operating
Arus Kas Dari Aktivitas Operasi 258.284 255.190 220.298
Actiivities
Cash Flows from Investing
Arus Kas Dari Aktivitas Investasi (100.934) (78.480) (18.125)
Activities
Cash Flows from Financing
Arus Kas Dari Aktivitas Pendanaan (191.139) 238.906 (63.381)
Activities
Kenaikan/(Penurunan) Neto Kas Net Increase/(Decrease) in Cash
(33.789) 415.616 138.792
dan Setara Kas and Cash Equivalents
Saldo Kas dan Setara Kas Pada Cash and Cash Equivalents at
677.717 262.302 125.335
Awal Tahun Beginning of the Year
Efek Perubahan Nilai Kurs Pada Effect Of Exchange Rate Changes
11.263 (201) (1.825)
Kas Dan Setara Kas On Cash And Cash Equivalents
Saldo Kas dan Setara Kas Pada Cash and Cash Equivalents at
655.191 677.717 262.302
Akhir Tahun End of the Year
2024 Annual Report PT Pertamina Geothermal Energy Tbk 19
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02 IKHTISAR KINERJA
PERFORMANCE SUMMARY
Rasio Keuangan Penting USD Ribu/
Key Financial Ratios USD Thousand
Uraian Satuan
2024 2023 2022
Description Units
Rasio Profitabilitas Profitability Ratio
Imbal Balik Atas Ekuitas Return on Equity % 7,98 8,30 10,14
Imbal Balik Atas Investasi Return on Investment % 31,68 30,90 27,64
Imbal Balik Atas Aset Return on Assets % 5,35 5,52 5,14
Margin Laba Usaha Operating Profit Margin % 51,65 65,27 54,29
Margin Laba Bersih Net Profit Margin % 39,37 40,26 32,98
Rasio Likuiditas Liquidity Ratio
Rasio Kas Cash Ratio % 288,26 277,63 30,58
Rasio Lancar Current Ratio % 364,53 353,65 50,51
Rasio Efisiensi Efficiency Ratio
Periode Kolektibilitas Collectability Period hari / days 58,25 61,91 63,42
Perputaran Total Aset Total Assets Turnover % 13,66 14,94 15,85
Rasio Solvabilitas Solvency Ratio
Rasio Modal Terhadap Capital to Total Assets
% 67,02 66,50 50,73
Total Aset Ratio
Rasio Liabilitas Terhadap
Liabilities to Equity Ratio % 49,22 50,37 97,14
Ekuitas
Rasio Liabilitas Terhadap Liabilities to Total Assets
% 32,98 33,50 49,27
Total Aset Ratio
Time Interest Earned Ratio Time Interest Earned Ratio x 7,07 9,16 13,56
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IKHTISAR OPERASIONAL
OPERATIONAL HIGHLIGHTS
Kinerja Produksi Uap dan Listrik
Steam and Electricity Production Performance
2024 2023 2022
Area
GWh GWh GWh
Kamojang
Unit I (Uap | Steam) 229,08 227,82 232,09
Unit II (Uap | Steam) 417,81 365,47 375,63
Unit III (Uap | Steam) 419,73 385,67 344,35
Unit IV (Listrik | Electricity) 446,28 452,81 455,85
Unit V (Listrik | Electricity) 271,54 261,88 271,47
Total Kamojang 1.784,44 1.693,65 1.679,39
Lahendong
Unit I (Uap | Steam) 132,09 119,99 112,32
Unit II (Uap | Steam) 146,03 134,21 160,37
Unit III (Uap | Steam) 116,79 125,54 147,54
Unit IV (Uap | Steam) 155,03 164,95 132,39
Unit V (Listrik | Electricity) 160,63 162,94 156,68
Unit VI (Listrik | Electricity) 161,77 161,23 154,93
Total Lahendong 872,34 868,86 864,22
Ulubelu
Unit I (Uap | Steam) 409,00 363,58 399,69
Unit II (Uap | Steam) 357,99 404,78 394,87
Unit III (Listrik | Electricity) 410,92 428,38 374,56
Unit IV (Listrik | Electricity) 415,78 409,34 384,08
Total Ulubelu 1.593,69 1.606,08 1.553,20
Karaha
Unit I (Listrik | Electricity) 94,67 96,68 84,25
Total Karaha 94,67 96,68 84,25
Lumut Balai
Unit I (Listrik | Electricity) 482,06 479,31 448,53
Total Lumut Balai 482,06 479,31 448,53
Sibayak
Unit I (Uap | Steam) - 0 0
Unit II (Uap | Steam) - 0 0
Monoblok - 0 0
Total Sibayak - 0 0
Grand Total 4.827,22 4.734,57 4.629,60
2024 Annual Report PT Pertamina Geothermal Energy Tbk 21
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02 IKHTISAR KINERJA
PERFORMANCE SUMMARY
IKHTISAR SAHAM
STOCK HIGHLIGHTS
Pada tahun 2024, harga saham PGE (kode saham: In 2024, PGE stocks (ticker code: PGEO) with an
PGEO) yang dibuka di level Rp1.170 per saham, offering price of Rp1,170 per share briefly reached the
sempat menyentuh harga tertinggi Rp1.335 pada 6 highest point at Rp1,335 on 6 May 2024 and its
Mei 2024, dan harga terendah Rp900 pada 17 lowest at Rp900 on 17 December 2024. The liquidity
Desember 2024. Likuiditas saham PGEO yang baik of PGE stocks was quite high, with an average daily
terlihat dari rata-rata volume perdagangan harian trading volume of 22,156,294 shares. By the end of
yang mencapai 22.156.294 lembar. Harga saham 2024, PGEO stocks closed at Rp935 per share, with a
PGEO pada akhir tahun 2024 ditutup di Rp935 per market capitalization value reaching Rp37.98 trillion.
saham dengan nilai kapitalisasi pasar mencapai
Rp37,98 triliun.
Kinerja Saham PGEO
Stock Performance of PGEO
Harga Saham (Rp) Kapitalisasi
Stock Price (Rp) Jumlah Saham Volume
Pasar
Beredar Perdagangan
(Miliar Rp)
Tahun (Juta Lembar) Rata-rata (Lot)
Year
Pembukaan Tertinggi Terendah Penutupan Market
Outstanding Stocks Average Trading
Opening Highest Lowest Closing Capitalization
(Million Stocks) Volume (Lot)
(Billion Rp)
2024
Triwulan 1 | Q1 1.265 1.320 1.175 1.175 41.488 362.419 48.748
Triwulan 2 | Q2 1.125 1.335 1.005 1.190 41.495 247.903 49.379
Triwulan 3 | Q3 1.220 1.315 1.115 1.135 41.495 161.016 47.097
Triwulan 4 | Q4 1.125 1.185 900 935 41.508 131.179 38.810
2023 (24 Februari*-31 Desember 2023) | (24 February*-31 December 2023)
Triwulan 1 | Q1 875 875 695 695 41.396 464.925 28.770
Triwulan 2 | Q2 655 925 615 875 41.396 159.965 36.221
Triwulan 3 | Q3 855 1.605 745 1.445 41.396 886.725 59.817
Triwulan 4 | Q4 1.500 1.600 1.000 1.170 41.396 1.127.738 48.433
*Tanggal perdagangan perdana saham PGEO
Date of PGEO Stock Initial Trading
Rasio Saham PGEO
PGEO Stock Ratio
2024 2023
Harga Penutupan (Rp)
935 1.170
Closing Price (Rp)
Laba Bersih per Saham (Rp)
62,47 60,92
Net Earnings per Share (Rp)
Nilai Buku per Saham (Rp)
781,91 735,19
Book Value per Share (Rp)
P/E (x) 14,97 19,21
P/BV (x) 1,2 1,59
22 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Grafik Pergerakan Harga Saham PGEO
Stock Price Movement Chart of PGEO
1350
350M
1300
300M
1250
250M
1200
200M
1150
150M 1100
100M 1050
1000
50M
950
5.550M
935
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Volume Perdagangan Saham Harga Penutupan (Rp)
Share Trading Volume Closing Price (Rp)
Penilaian Konsensus Consensus Rating
Sepanjang tahun 2024, penilaian konsensus untuk Throughout 2024, the consensus ratings for the
saham Perseroan mencerminkan pandangan positif Company’s stock reflected a positive outlook from
dari para analis terhadap prospek kinerja Perseroan. analysts regarding the Company's performance
Berdasarkan laporan dan riset yang diterbitkan oleh prospects. Reports and research published by various
berbagai institusi keuangan, mayoritas analis financial institutions revealed that the majority of
memberikan rekomendasi BUY atau HOLD, didukung analysts continued to issue BUY or HOLD
oleh fundamental perusahaan yang kuat, pertumbuhan recommendations, driven by the Company’s strong
kapasitas operasional, serta komitmen terhadap fundamentals, operational capacity growth, and
pengembangan energi hijau. commitment to green energy development.
Hasil evaluasi tersebut menunjukkan kepercayaan These evaluation results demonstrate market confidence
pasar terhadap strategi jangka panjang PGE dalam in PGE’s long-term strategy to achieve the energy
mendukung transisi energi, dan menciptakan nilai transition and create sustainable value for shareholders.
berkelanjutan bagi pemegang saham.
Rekomendasi Saham PGEO Jumlah
PGEO Stock Recommendation Total
Beli
10
Buy
Jual
0
Sell
Tahan
2
Hold
Tidak memberikan rekomendasi
1
No specific recommendation is provided.
Total 13
2024 Annual Report PT Pertamina Geothermal Energy Tbk 23
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02 IKHTISAR KINERJA
PERFORMANCE SUMMARY
Indeks Saham Stock Indices
Selain Indeks Harga Saham Gabungan (IHSG), hingga In addition to the IDX Composite (IHSG), as of the end
akhir tahun 2024, saham PGEO termasuk ke dalam of 2024, PGEO shares are included in several other
berbagai indeks saham yang ada di Bursa Efek stock indices listed on the Indonesia Stock Exchange,
Indonesia sebagai berikut: as follows:
Indeks Saham Keterangan
Stock Indices Description
LQ 45 Indeks yang mengukur kinerja harga dari 45 saham yang memiliki likuiditas tinggi dan
kapitalisasi pasar besar yang didukung oleh kinerja fundamental perusahaan yang baik.
An index that measures the price performance of 45 highly liquid stocks and large market
capitalization, driven by strong fundamental company performance.
ESG Sector Leaders IDX Kehati Indeks yang berisikan saham-saham dengan hasil penilaian kinerja ESG di atas rata-rata
sektornya, serta memiliki likuiditas yang baik. ESG Sector Leaders IDX Kehati diluncurkan
dan dikelola bersama Yayasan Keanekaragaman Hayati Indonesia (Yayasan KEHATI).
ESG Sector Leaders IDX Kehati The index comprises stocks that have ESG performance ratings above their sector average,
along with good liquidity. The ESG Sector Leaders IDX Kehati was launched and is jointly
managed by the Indonesian Biodiversity Foundation (KEHATI Foundation).
ESG Quality 45 IDX Kehati Indeks yang berisikan 45 saham terbaik dari hasil penilaian kinerja ESG dan kualitas
keuangan perusahaan yang didukung oleh likuiditas yang baik. ESG Quality 45 IDX
Kehati diluncurkan dan dikelola bersama Yayasan KEHATI.
ESG Quality 45 IDX KEHATI The index consists of 45 top-tier stocks selected through evaluation of ESG performance
and financial quality, supported by solid liquidity. The ESG Quality 45 IDX Kehati is
launched and co-managed by the KEHATI Foundation.
24 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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2024 Annual Report PT Pertamina Geothermal Energy Tbk 25
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02 IKHTISAR KINERJA
PERFORMANCE SUMMARY
Aksi Korporasi Terkait Saham Corporate Actions Related to Shares
Sesuai dengan komitmen yang telah diungkapkan In accordance with the commitment disclosed in the
dalam Prospektus IPO, PGE telah mengalokasikan IPO Prospectus, PGE has allocated a maximum of 1.5%
sebanyak-banyaknya 1,5% dari modal ditempatkan of the issued and fully paid-up capital following the
dan disetor penuh setelah Penawaran Umum Perdana Initial Public Offering or equivalent to a maximum of
Saham atau setara maksimal 630.398.000 saham, 630,398,000 shares, for the implementation of the
yang diperuntukkan bagi pelaksanaan Management Management and Employee Stock Option Program
and Employee Stock Option Program (MESOP). (MESOP).
Program MESOP memberikan hak opsi kepada The MESOP program provides option rights to the
manajemen dan pekerja PGE beserta Entitas Anak management and employees of PGE and its Subsidiaries
untuk membeli saham baru Perseroan. Pelaksanaan to purchase new shares of the Company. This program
program ini dapat dilakukan maksimal dua kali dalam can be implemented a maximum of twice a year with a
setahun dengan durasi 30 hari bursa untuk setiap duration of 30 trading days for each exercise period.
periode pelaksanaan. Hingga akhir tahun 2024, PGE Until the end of 2024, PGE has conducted the
telah melaksanakan pendistribusian hak opsi saham distribution of stock option rights in two phases:
sebanyak dua tahap:
Opsi Tahap 1 Option Phase 1
Tahap pertama mencakup 40% dari total hak opsi, The first phase covers 40% of the total option rights,
yaitu sebanyak 252.159.200 saham. Hak opsi ini totaling 252,159,200 shares. These option rights were
didistribusikan kepada Peserta Hak Opsi pada 23 Juni distributed to the Option Right Participants on 23 June
2023, dan memiliki masa berlaku hingga 26 Januari 2023, with a validity period until 26 January 2027.
2027. Masa tunggu (vesting period) hak opsi tahap ini The vesting period of this phase’s option rights ends
berakhir pada pendistribusian hak opsi Tahap 2. with the distribution of the Phase 2 option rights. Thus,
Dengan demikian, sejak 24 Februari 2024, hak opsi since 24 February 2024, the Phase 1 option rights can
Tahap 1 dapat digunakan untuk membeli saham baru be used to purchase new shares of the Company.
Perseroan.
Harga pelaksanaan untuk hak opsi Tahap 1 ditetapkan The exercise price for the Phase 1 option rights is
berdasarkan butir V.2 Peraturan Pencatatan PT Bursa determined based on point V.2 of the Listing Rules of
Efek Indonesia Nomor I-A, yaitu minimal 90% dari rata- the Indonesia Stock Exchange Number I-A, which is at
rata harga penutupan perdagangan saham selama 25 least 90% of the average closing price of stock trading
hari bursa sebelum pemberitahuan rencana pembukaan during the 25 trading days prior to the notification of
periode pelaksanaan kepada Bursa Efek Indonesia. the planned opening of the exercise period to the
Indonesia Stock Exchange.
Perhitungan ini menggunakan rata-rata harga This calculation uses the average closing share price
penutupan saham untuk periode 24 Maret 2023 for the period of 24 March 2023 to 8 May 2023,
hingga 8 Mei 2023, yaitu sebesar Rp720 per saham, which is Rp720 per share, so the exercise price is set at
sehingga harga pelaksanaan ditetapkan sebesar Rp648 per share (90% x Rp720). This exercise price
Rp648 per saham (90% x Rp720). Harga pelaksanaan will be adjusted proportionally if there is a corporate
ini akan disesuaikan secara proporsional jika terdapat action in the form of a stock split.
aksi korporasi berupa pemecahan nilai nominal saham.
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Jumlah Hak Opsi Harga Pelaksanaan Periode Pelaksanaan
Number of Option Rights Exercise Price Exercise Period
Program MESOP Tahap I Harga Pelaksanaan berlaku untuk Program Tahun 2024 Untuk Opsi Tahap I
Tanggal Penerbitan Hak Opsi yaitu MESOP Tahap I, ditetapkan berdasarkan Year 2024 for Stage 1 Option
23 Juni 2023 akan didistribusikan Hak Opsi lebih tinggi dari 90% harga rata-rata 25 hari
untuk membeli sejumlah 252.159.200 saham penutupan perdagangan saham Perseroan Window Exercise I:
dengan nilai nominal Rp500 per saham di Bursa Efek Indonesia untuk periode 30 hari bursa terhitung sejak tanggal
24 Maret 2023 hingga 08 Mei 2023 sebesar 24 Februari 2024
MESOP Stage I Rp648 per saham, untuk saham dengan nilai 30 trading days from 24 February 2024
The Option Rights Issuance Date is nominal Rp500 per saham
23 June 2023, Option Rights will be distributed Window Exercise II:
to purchase a total of 252,159,200 shares Catatan: 30 hari bursa terhitung sejak tanggal
with a nominal value of Rp500 per share Harga Pelaksanaan akan disesuaikan 24 Agustus 2024
bilamana Perseroan melakukan perubahan 30 trading days from 24 August 2024
nilai nominal saham
Tahun 2025 Untuk Opsi Tahap I
The Exercise Price applies to MESOP Year 2025 for Stage 1 Option
Stage I, set based on higher than 90% of
the average price of the 25-day closing Window Exercise I:
of the Company’s stock trading on the 30 hari bursa terhitung sejak tanggal
Indonesia Stock Exchange for the period of 24 Februari 2024
24 March 2023 to 8 May 2023 of Rp648 30 trading days from 24 February 2025
per share, for stocks with a nominal value of
Rp500 per share Window Exercise II:
30 hari bursa terhitung sejak tanggal
Note: 24 Agustus 2024
The Exercise Price will be adjusted if the 30 trading days from 24 August 2025
Company changes the nominal value of the
shares Tahun 2026 Untuk Opsi Tahap I
Year 2026 for Stage 1 Option
Window Exercise I:
30 hari bursa terhitung sejak tanggal
24 Februari 2024
30 trading days from 24 February 2026
Window Exercise II:
30 hari bursa terhitung sejak tanggal
24 Agustus 2024
30 trading days from 24 August 2026
Opsi Tahap 2 Option Phase 2
Tahap kedua juga mencakup 40% dari total hak opsi, The second phase also includes 40% of the total option
yaitu sebanyak 252.159.200 saham. Hak opsi ini rights, totaling 252,159,200 shares. These option
didistribusikan kepada Peserta Hak Opsi pada 24 rights were distributed to the Option Right Participants
Februari 2024 dan memiliki masa berlaku hingga 26 on 24 February 2024 with a validity period until 26
Januari 2027. Masa tunggu (vesting period) hak opsi January 2027. The vesting period for this phase’s
tahap ini adalah enam bulan sejak tanggal option rights is six months from the date of distribution,
pendistribusian, sehingga mulai 24 Agustus 2024, hak so that starting from 24 August 2024, the Phase 2
opsi Tahap 2 dapat digunakan untuk membeli saham option rights can be used to purchase new shares of the
baru Perseroan. Company.
Harga pelaksanaan untuk hak opsi Tahap 2 juga The exercise price for the Phase 2 option rights is also
ditetapkan sesuai butir V.2 Peraturan Pencatatan PT determined in accordance with item V.2 of the Listing
Bursa Efek Indonesia Nomor I-A. Perhitungan ini Rules of the Indonesia Stock Exchange Number I-A.
menggunakan rata-rata harga penutupan saham This calculation uses the average closing price of shares
selama 25 hari bursa sebelum pemberitahuan rencana during the 25 trading days prior to the notification of
pembukaan periode pelaksanaan kepada Bursa Efek the planned opening of the exercise period to the
Indonesia, yaitu untuk periode 7 Desember 2023 Indonesia Stock Exchange, that is, for the period of 7
hingga 15 Januari 2024. December 2023 to 15 January 2024.
Rata-rata harga penutupan saham selama periode The average closing price during the period was
tersebut adalah Rp1.207,80 per saham, sehingga Rp1,207.80 per share, so the exercise price was set at
harga pelaksanaan ditetapkan sebesar Rp1.087 per Rp1,087 per share (90% x Rp1,207.80). This exercise
saham (90% x Rp1.207,80). Harga pelaksanaan ini price will also be adjusted proportionally if there is a
juga akan disesuaikan secara proporsional jika corporate action in the form of a stock split.
terdapat aksi korporasi berupa pemecahan nilai
nominal saham.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 27
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02 IKHTISAR KINERJA
PERFORMANCE SUMMARY
Program MESOP menunjukkan komitmen PGE dalam The MESOP demonstrates PGE's unwavering
memberikan kesempatan kepada manajemen dan commitment to providing opportunities for management
karyawan untuk turut serta dalam kepemilikan saham and its employees to participate in the Company's
Perseroan, sekaligus sebagai bentuk penghargaan share ownership, as well as a form of appreciation for
atas kontribusi mereka terhadap kinerja dan their contribution to the Company's performance and
pertumbuhan perusahaan. Dengan pelaksanaan yang growth. With implementation adhering to applicable
mengacu pada regulasi yang berlaku, PGE memastikan regulations, PGE ensures transparency and equality for
transparansi dan kesetaraan bagi seluruh peserta all program participants.
program.
Melalui implementasi program ini, Perseroan optimis Through the implementation of this program,
dapat terus memperkuat semangat kepemilikan the Company is upbeat that it can continue to solidify
bersama, yang pada akhirnya akan mendukung visi the spirit of shared ownership, which will ultimately
PGE sebagai perusahaan energi hijau kelas dunia drive PGE's vision as a world-class green energy
dengan kapasitas geotermal terbesar di dunia. company with the largest geothermal capacity in the
world.
Jumlah Hak Opsi Harga Pelaksanaan Periode Pelaksanaan
Number of Option Rights Exercise Price Exercise Period
Program MESOP Tahap II Harga Pelaksanaan berlaku untuk Program Tahun 2024 Untuk Opsi Tahap II
Tanggal Penerbitan Hak Opsi yaitu MESOP Tahap II, ditetapkan berdasarkan Year 2024 for Stage II Option
24 Februari 2024 akan didistribusikan Hak lebih tinggi dari 90% harga rata-rata 25 hari
Opsi untuk membeli sejumlah 252.159.200 penutupan perdagangan saham Perseroan Window Exercise I:
saham dengan nilai nominal Rp500 per di Bursa Efek Indonesia untuk periode 0 30 hari bursa terhitung sejak tanggal
saham 7 Desember 2023 s.d. 15 Januari 2024 24 Agustus 2024
sebesar Rp1.087 per saham, untuk saham 30 trading days from 24 August 2024
MESOP Stage II dengan nilai nominal Rp500 per saham
The Issuance Date of Option Rights is on
Tahun 2025 Untuk Opsi Tahap II
24 February 2024. Option Rights will be Catatan:
Year 2025 for Stage II Option
distributed to purchase a total of 252,159,200 Harga Pelaksanaan akan disesuaikan
shares, with a nominal value of Rp500 per bilamana Perseroan melakukan perubahan
Window Exercise I:
share. nilai nominal saham
30 hari bursa terhitung sejak tanggal
24 Februari 2025
The Exercise Price applies to the MESOP Phase
30 trading days from 24 February 2025
II Program, determined based on the higher
of 90% of the average price of the 25-day
Window Exercise II:
closing of the Company’s stock trading on the
30 hari bursa terhitung sejak tanggal
Indonesia Stock Exchange for the period of
24 Agustus 2025
07 December 2023 to 15 January 2024 of
30 trading days from 24 August 2025
Rp1,087 per share, for shares with a nominal
value of Rp500 per share Tahun 2026 Untuk Opsi Tahap II
Year 2026 for Stage II Option
Note:
The Exercise Price will be adjusted if the Window Exercise I:
Company makes changes to the shares’ 30 hari bursa terhitung sejak tanggal
nominal value 24 Februari 2026
30 trading days from 24 February 2026
Window Exercise II:
30 hari bursa terhitung sejak tanggal
24 Agustus 2026
30 trading days from 24 August 2026
Penghentian Sementara Suspension of Stock Trading and
Perdagangan Saham dan Delisting of Stocks
Penghapusan Pencatatan Saham
Hingga 31 Desember 2024 tidak terdapat penghentian As of 31 December 2024, there were no suspensions
sementara perdagangan saham (suspension) dan/ and/or delisting of PGEO stocks.
atau penghapusan pencatatan saham (delisting) saham
PGEO.
28 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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IKHTISAR OBLIGASI
BOND HIGHLIGHTS
Peringkat Kredit
Credit Rating
Tingkat Tanggal Tanggal Jatuh
Uraian Nilai
Bunga Penerbitan Tempo
Description Value Lembaga
Interest Rate Issue Date Maturity Date
Pemeringkat Rating Outlook
Rating Agency
Moody’s Baa3 Stable
Green Bond
USD400,000,000 5,15% 27 April 2023 27 April 2028
PGE
Fitch Ratings BBB- Stable
Grafik Pergerakan Harga Obligasi
Bond Price Movement Chart
%
102,00
101,50
101,00
100,50
100,00
99,50
99,00
98,50
98,00
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2024
2024 Annual Report PT Pertamina Geothermal Energy Tbk 29
Page 30
02 IKHTISAR KINERJA
PERFORMANCE SUMMARY
PENGHARGAAN
AWARDS
Institusi yang
Nama Penghargaan Memberikan Tanggal
No.
Name of Awards Penghargaan Date
Awarding Agency
Kategori Pengembangan Masyarakat dan Komunitas
Community and People’s Development Category
1 Kategori Platinum Platinum Award Indonesia Green 17 Januari 2024
Program Rekayasa Teknologi dalam Technology Engineering Program in Saving Awards 17 January 2024
Menghemat Energi/Penggunaan Energi Energy/Using Renewable Energy
Terbarukan
2 Kategori Platinum Platinum Award Indonesia Green 17 Januari 2024
Program Pengembangan Edukasi Perubahan Climate Change Education Development Awards 17 January 2024
Iklim Program
3 Kategori Platinum - Bisnis Indonesia Platinum Champion for CSR Program - Bisnis Bisnis Indonesia 6 Juni 2024
Corporate Social Responsibility Awards Indonesia Corporate Social Responsibility 6 June 2024
(BISRA) 2024 Awards (BISRA)
4 Kategori Platinum - Bisnis Indonesia Platinum Champion for CSR Program - Bisnis Bisnis Indonesia 27 Juni 2024
Corporate Social Responsibility Awards Indonesia Corporate Social Responsibility 27 June 2024
(BISRA) 2024 Awards (BISRA) 2024
Program Bank Sampah Setor Jo Setor Jo Waste Bank Program
5 Kategori Platinum - Bisnis Indonesia Platinum Champion for CSR Program - Bisnis Bisnis Indonesia 27 Juni 2024
Corporate Social Responsibility Awards Indonesia Corporate Social Responsibility 27 June 2024
(BISRA) 2024 Awards (BISRA) 2024
Program Eloc Berseri Eloc Berseri Program
6 Kategori Silver - Indonesia Social Silver Award - Indonesia Social Responsibility Prospectus Media 27 Juni 2024
Responsibility Award (ISRA) 2024 Award (ISRA) 2024 by Arjuna Wijaya 27 June 2024
Bidang Economic Empowerment Economic Empowerment Category Karya
7 Kategori Silver - Indonesia Social Silver Award - Indonesia Social Responsibility Prospectus Media 27 Juni 2024
Responsibility Award (ISRA) 2024 Award (ISRA) 2024 by Arjuna Wijaya 27 June 2024
Bidang Economic Empowerment Economic Empowerment Category Karya
Program Mapalus Tumompaso Mapalus Tumompaso Program
8 Kategori Silver - Indonesia Social Silver Award - Indonesia Social Responsibility Prospectus Media 27 Juni 2024
Responsibility Award (ISRA) 2024 Award (ISRA) 2024 by Arjuna Wijaya 27 June 2024
Bidang Economic Empowerment Economic Empowerment Category Karya
Program Eloc Berseri Eloc Berseri Program
9 Kategori Silver - Indonesia Social Silver Award - Indonesia Social Responsibility Prospectus Media 27 Juni 2024
Responsibility Award (ISRA) 2024 Award (ISRA) 2024 by Arjuna Wijaya 27 June 2024
Bidang Economic Empowerment Economic Empowerment Category Karya
Program Green Ecosystem Green Ecosystem Program
10 Kategori Silver - The International CSR Silver Award - The International CSR The Green 1 Juli 2024
Excellence Award Excellence Award Organisation 1 July 2024
Kategori Waste Management Waste Management Category
11 Best Strategic CSR - 14th Institutional Alpha Southeast 9 Juli 2024
Investor Corporate Awards 2024 Asia 9 July 2024
12 Kategori Gold - Environmental and Social Gold Award - Environmental and Social PT Sucofindo 31 Juli 2024
Innovation Awards (ENSIA) 2024 Innovation Awards (ENSIA) 2024 31 July 2024
Bidang efisiensi energi, efisiensi air, Energy efficiency, water efficiency, biodiversity
perlindungan keanekaragaman hayati dan protection, and social innovation Category
Inovasi Sosial
13 Kategori Platinum - Environmental and Platinum Award - Environmental and Social PT Sucofindo 31 Juli 2024
Social Innovation Awards (ENSIA) 2024 Innovation Awards (ENSIA) 2024 31 July 2024
Bidang penurunan emisi, pengurangan Emission reduction, hazardous waste
limbah B3, dan 3R Limbah Padat Non-B3 reduction, and the 3R approach to non-
hazardous solid waste management category
14 Kategori Silver - Environmental and Social Silver Award - Environmental and Social PT Sucofindo 31 Juli 2024
Innovation Awards (ENSIA) 2024 Innovation Awards (ENSIA) 2024 31 July 2024
Bidang Penurunan Emisi Emission reduction category
30 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 31
Penghargaan
Awards
2024 Annual Report PT Pertamina Geothermal Energy Tbk 31
Page 32
02 IKHTISAR KINERJA
PERFORMANCE SUMMARY
Institusi yang
Nama Penghargaan Memberikan Tanggal
No.
Name of Awards Penghargaan Date
Awarding Agency
15 Kategori Gold - Environmental and Social Gold Award - Environmental and Social PT Sucofindo 31 Juli 2024
Innovation Awards (ENSIA) 2024 2024 Innovation Awards (ENSIA) 2024 31 July 2024
Bidang Efisiensi energi, efisiensi air, Energy efficiency, water efficiency, hazardous
pengurangan limbah B3, 3R limbah padat waste reduction, the 3R approach to
B3 hazardous solid waste management category
16 Kategori Platinum - Environmental and Platinum Award - Environmental and Social PT Sucofindo 31 Juli 2024
Social Innovation Awards (ENSIA) 2024 Innovation Awards (ENSIA) 2024 31 July 2024
Bidang Perlindungan Keanekaragaman Biodiversity protection category
Hayati
17 Kategori Terbaik - Environmental and Social Best Category - Environmental and Social PT Sucofindo 31 Juli 2024
Innovation Awards (ENSIA) 2024 Innovation Awards (ENSIA) 2024 31 July 2024
Bidang Local Hero Local Hero category
18 Kategori Silver - Environmental and Social Silver Award - Environmental and Social PT Sucofindo 31 Juli 2024
Innovation Awards (ENSIA) 2024 Innovation Awards (ENSIA) 2024 31 July 2024
Bidang penurunan emisi, pengurangan Emission reduction, hazardous waste
limbah B3, inovasi sosial reduction, social innovation category
19 Kategori Gold - Environmental and Social Gold Award - Environmental and Social PT Sucofindo 31 Juli 2024
Innovation Awards (ENSIA) 2024 Innovation Awards (ENSIA) 2024 31 July 2024
Bidang efisiensi energi Energy efficiency category
20 Kategori Platinum - Environmental and Platinum Award - Environmental and Social PT Sucofindo 31 Juli 2024
Social Innovation Awards (ENSIA) 2024 Innovation Awards (ENSIA) 2024 31 July 2024
Bidang Efisiensi Air Water efficiency category
21 Dharma Karya ESDM 2024 Bidang Inovasi Dharma Karya Energy and Mineral Resources Kementerian 27 September
Sosial Award 2024 Energi dan 2024
Social Innovation Category Sumber Daya
27 September
Mineral - 2024
Republik
Indonesia
22 ESG Program of the Year - ASIAN Power Asian Power 22 Oktober 2024
Awards 2024 Magazine 22 October 2024
23 Kategori Winner ASEAN Renewable Energy Winner of ASEAN Renewable Energy Project ASEAN Centre 27 September
Project Awards 2024 Awards 2024 for Energy (ACE) 2024
Bidang Off-Grid - Thermal Off-Grid Thermal category
Kategori Kesehatan, Keselamatan, Keamanan, dan Lingkungan Kerja
Occupational Health, Safety, Security and Environment (OHSSE) Category
24 Patra Adikriya Bhumi Utama 2023 Patra Adikriya Bhumi Utama Award 2023 PT Pertamina 7 Maret 2024
● Area Kamojang • Kamojang Area (Persero) 7 March 2024
● Area Lahendong • Lahendong Area
● Area Ulubelu • Ulubelu Area
25 7th Global Conference: ESG Management 7th Global Conference: ESG Management & Airlangga Sharia 6 Agustus 2024
& Sustainability Sustainability Entrepreneurship 6 August 2024
● Best reporting & performance • Best reporting & performance & Educational
● Best Biodiversity disclosure • Best Biodiversity disclosure Center (ASEEC)
Kategori Manajemen Mutu Perusahaan
Company Quality Management Category
PT Pertamina 11 Maret 2024
26 Pertamina Cost Optimization 2023 11 March 2024
(Persero)
27 Annual Pertamina Quality (APQ) Awards Annual Pertamina Quality (APQ) Awards PT Pertamina 13 Juni 2024
2024 2024 (Persero) 13 June 2024
● Terbaik 1 Kategori The Best System • First place in the Best System Assurance
Assurance category
● Terbaik 1 Kategori The Best Quality • First place in the Best Quality Agent
Agent category
● Terbaik 2 kategori The Best KOMET • Second place in the Best KOMET
Influencer Influencer category
● Terbaik 3 Kategori The Most • Third place in the Most Productive
Productive Continuous Improvement Continuous Improvement Program
Program category
32 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 33
Penghargaan
Awards
2024 Annual Report PT Pertamina Geothermal Energy Tbk 33
Page 34
02 IKHTISAR KINERJA
PERFORMANCE SUMMARY
Institusi yang
Nama Penghargaan Memberikan Tanggal
No.
Name of Awards Penghargaan Date
Awarding Agency
28 Dharma Karya Energi dan Sumber Daya Dharma Karya Energy and Mineral Resources Kementerian 10 Oktober 2024
Mineral 2024 (ESDM) Award 2024 Energi dan 10 October 2024
• Tim Anget-Anget Jos (PGE Area • Anget-Anget Jos Team (PGE Kamojang Sumber Daya
Kamojang): Meraih Penghargaan Area): Dharma Karya ESDM Muda Mineral Republik
Dharma Karya ESDM Muda • Geothermal Dry House: Revolutionizing Indonesia
Signature of Arabica Coffee Production
• Geothermal Dryhouse :
in Kamojang West Java, Indonesia
Revolutionizing Signature of Arabica
Through Community Empowerment and
Coffee Production in Kamojang West
Direct Use of Geothermal Energy
Java, Indonesia Through Community
• Combine Team (PGE Karaha Area):
Empowerement and Direct Use of
Dharma Karya ESDM Muda
Geothermal Energy
• Increasing Success in Creating New
• Tim Combine (PGE Area Karaha): Derivative Products and Providing Socio-
Meraih Penghargaan Dharma Karya Economic Benefits to the Community
ESDM Muda Through Combine (Compost Brine)
• Meningkatkan Keberhasilan dalam Innovation in Karaha Area
Menciptakan Produk Turunan baru dan
Pemberian Manfaat Sosial Ekonomi
Kepada Masyarakat Melalui Inovasi
Combine (Compost Brine) di Area
Karaha
29 Bronze Award - Geothermal Power Project Bronze Award - Geothermal Power Project of ASIANPOWER 24 Oktober 2024
of the year (Area Lumut Balai) Indonesia’s the Year (Lumut Balai Area) Indonesia’s ESG 24 October 2024
ESG Programme of the Year Asian Power Programme of the Year Asian Power Awards
Awards
30 Gold Medal - Kaohsiung International World Invention 5-7 Desember
Invention & Design EXPO (KIDE) Intellectual 2024
5-7 December
Property
2024
Associations
(WIIPA) and
Taiwan Invention
Products
Promotion
Association
(TIPPA)
31 Special Award Haller Pro Invention World Invention 5-7 Desember
Foundation - Kaohsiung International Intellectual 2024
5-7 December
Invention & Design EXPO (KIDE) Property
2024
Associations
(WIIPA) and
Taiwan Invention
Products
Promotion
Association
(TIPPA)
32 Temu Karya Mutu & Produktivitas Nasional The 28th National Quality & Productivity Work PT Wahana 6-8 Desember
2024 (TKMPN XVIII) Gathering (TKMPN) Kendali Mutu 2024
6-8 December
dan Asosiasi
2024
● Kategori Diamond - Inovasi • Diamond Category - Innovation to Manajemen
Meningkatkan Keakuratan Hasil Improve the Accuracy of Production Mutu dan
Uji Produksi dengan Peralatan Test Results Using Portable Well Testing Produktivitas
Uji Sumur Portable (Geoflowtest) Device (Geoflowtest) Indonesia
● Kategori Platinum - Inovasi • Platinum Category - Innovation in NCGs (AMMPI)
NCGs Reference Material Reference Material as a Reference
sebagai Standar Acuan untuk Standard for Geothermal Gas Samples
Sampel Gas Geothermal • Platinum Category - Innovation in
● Kategori Platinum - Inovasi Developing a Multi-Service Community
Pengembangan Aplikasi Empowerment Application (Rangers
Pemberdayaan Masyarakat App)
Multi Layanan (Rangers App)
Kategori Lain
Other Categories
33 Finalis Reuters Sustainability Awards 2024 Finalist for the 2024 Reuters Sustainability Reuters 31 Juli 2024
● Kategori Net Zero: Operations Awards in the following categories: 31 July 2024
Transformation • Net Zero: Operations Transformation
● Kategori Biodiversity Champion • Biodiversity Champion Award
Award
34 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 35
Institusi yang
Nama Penghargaan Memberikan Tanggal
No.
Name of Awards Penghargaan Date
Awarding Agency
34 Kategori Bronze Sustainabily Report - Bronze Award in the Sustainability Reporting Taiwan Institute 20 November
Global Corporate Sustainability Awards Award - Global Corporate Sustainability for Sustainable 2024
(GCSA) Awards (GCSA) Energy
35 The 2023 Vision Awards Annual Report League of 26 Agustus 2024
Competition American
● #49 Worldwide Ranking Communications
● #5 Asia-Pacific Regional Ranking Professionals LLC
● Platinum Winner Category (LACP)
Energy - Oil, Gas & Consumable
Fuels
● Gold Winner Category Utilities
- Electric
36 Honors Awards - Chairman’s/President’s MerComm, Inc 4 Oktober 2024
Letter in Energy Sector 4 October 2024
Annual Report Competition
37 Energy and Mining Editor Society (E2S) Energy and 15 Januari 2024
Awards 2023 Mining Editor 15 January 2024
Society (E2S)
● Best Social Innovation Program
New and Renewable Energy
(NRE) Company dan Special
Awards ESG Pioneer
● Best CEO NRE Company
● Best Corporate Secretary: Kitty
Andhora
● Best Social Innovation Program
NRE Company: Area Kamojang
38 Diamond Award - Indonesia Regulatory HukumOnline 6 Juni 2024
Compliance Awards 2024 6 June 2024
39 Katadata Green Initiative Awards 2024 KataData 7 Agustus 2024
40 7th Global Conference ESG Management CESGS 6 - 8 Agustus
& Sustainability Universitas 2024
● Top 3 Best ESG Reporting & Airlangga &
Performance IESGA
● Top 3 Best Biodiversity
Disclosure
41 The Most Popular CFO Awards 2024 The Iconomics 21 November
(Yurizki Rio) 2024
42 Gold Rank Laporan Keberlanjutan - Asia Gold Rank in the Sustainability Reporting - The National Centre 21 November
Sustainability Reporting Rating (ASRRAT) 2024 Asia Sustainability Reporting Rating for Corporate 2024
2024 (ASRRAT) Reporting
(NCCR)
43 CNBC Communication Strategist Awards Strategic Communication for Renewable CNBC 20 November
2024 Energy Education 2024
Komunikasi Strategis Edukasi Energi
Terbarukan
44 IDX Channel – Anugerah Inovasi Indonesia IDX Channel – Indonesia Innovation Awards IDX Channel 10 Desember
2024 2024 2024
10 December
Anugerah Utama - Kategori Sustainability Grand Prize - Sustainability Category:
2024
“Driving Sustainability Through ESG” “Driving Sustainability Through ESG”
45 A+ Rank Laporan Keberlanjutan - Human A+ Rank in the Sustainability Report - Human Foundation for 10 Desember
Rights Day: The Launch Of Study of the Rights Day: The Launch Of Study of the International 2024
10 December
2023 Sustainability Reports of Publicity 2023 Sustainability Reports of Publicly Listed Human Rights
2024
Listed Companies in Indonesia Companies in Indonesia Reporting
Standards
46 Most Organized Investor Relations - 14th Alpha Southeast 9 Juli 2024
Institutional Investor Corporate Awards Asia 9 July 2024
2024
47 Best Senior Management Investor Relations Alpha Southeast 9 Juli 2024
Support - 14th Institutional Investor Asia 9 July 2024
Corporate Awards 2024
2024 Annual Report PT Pertamina Geothermal Energy Tbk 35
Page 36
02 IKHTISAR KINERJA
PERFORMANCE SUMMARY
SERTIFIKASI
CERTIFICATIONS
Daftar Sertifikasi
Lists of Certifications
Lembaga yang Tanggal
Nama Sertifikasi Deskripsi Lingkup Sertifikasi
No. Menerbitkan Kadaluarsa
Name of Certification Description Scope
Issuing Agency Expiration Date
1 ISO 20000-1:2018 IT Service Management System Kantor Pusat British Standards 23 September 2027
Institution (BSI)
IT Service Management Systems Head Office
2 ISO 17025:2017 Akreditasi Area Kamojang Komite Akreditasi 26 Juni 2029
Sistem Manajemen Nasional (KAN)
Mutu Laboratorium
Accreditation of Laboratory Kamojang Area National 26 June 2029
Quality Management System Accreditation
Committee
3 ISO 9001:2015 Quality Management System Kantor Pusat & Seluruh British Standards 27 Mei 2027
Area PGE Institution (BSI)
Quality Management System Head Office & All PGE 27 May 2027
Areas
4 ISO 45001:2018 Occupational Health & Safety Kantor Pusat & Seluruh British Standards 27 Mei 2027
Management System Area PGE Institution (BSI)
Occupational Health & Safety Head Office & All PGE 27 May 2027
Management System Areas
5 ISO 14001:2015 Environmental Management Kantor Pusat & Seluruh British Standards 29 Mei 2027
System Area PGE Institution (BSI)
Environmental Management Head Office & All PGE 29 May 2027
System Areas
6 ISO 37001:2016 Sistem Manajemen Anti Kantor Pusat & Proyek British Standards 25 November 2026
Penyuapan Hululais, serta seluruh Institution (BSI)
area PGE
Anti-Bribery Management System Head Office & Hululais 25 November 2026
Project, as well as All
PGE Areas
7 ISO 22301:2019 Sistem Manajemen Kantor Pusat British Standards 13 November 2026
Kelangsungan Bisnis Head Office Institution (BSI)
Business Continuity Management 13 November 2026
System
8 ISO 27001:2022 Sistem Manajemen Keamanan Kantor Pusat & Seluruh British Standards 12 Desember 2026
Informasi Area PGE Institution (BSI)
Information Security Management Head Office & All PGE 12 December 2026
System Areas
36 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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PATEN
PATENT
Tanggal Diberi Klaim Yang diberi Paten
Negara Judul Paten
No Paten (Granted)
Country Patent Title
Issuance Date Granted Claims
1 Indonesia 09 Oktober 2023 klaim atas metode & alat Pengukuran real-time laju alir massa dan entalpi
dua fasa dengan menggunakan alat ukur
perbedaan tekanan
09 October 2023 claims on methods & tools Real-time measurement of two-phase mass flow rate
and enthalpy using pressure differential devices
2 Amerika Serikat 11 Juli 2023 klaim atas metode Pengukuran real-time laju alir massa dan entalpi
USA dua fasa dengan menggunakan alat ukur
perbedaan tekanan
Real-time measurement of two-phase mass flow rate
11 July 2023 claim on methods
and enthalpy using pressure differential devices
3 Selandia Baru 29 Agustus 2023 klaim atas metode & alat Pengukuran real-time laju alir massa dan entalpi
New Zealand dua fasa dengan menggunakan alat ukur
perbedaan tekanan
Real-time measurement of two-phase mass flow rate
29 August 2023 claims on methods & tools
and enthalpy using pressure differential devices
4 Islandia 15 Juli 2024 klaim atas metode Pengukuran real-time laju alir massa dan entalpi
Iceland dua fasa dengan menggunakan alat ukur
perbedaan tekanan
Real-time measurement of two-phase mass flow rate
15 July 2024 claim on methods
and enthalpy using pressure differential devices
5 Philippines 5 Juli 2024 klaim atas metode Pengukuran real-time laju alir massa dan entalpi
dua fasa dengan menggunakan alat ukur
perbedaan tekanan
Real-time measurement of two-phase mass flow rate
5 July 2024 claim on methods
and enthalpy using pressure differential devices
6 Turkiye 21 Desember 2022 klaim atas metode & alat Pengukuran real-time laju alir massa dan entalpi
dua fasa dengan menggunakan alat ukur
perbedaan tekanan
Real-time measurement of two-phase mass flow rate
21 December 2022 claims on methods & tools
and enthalpy using pressure differential devices
7 Indonesia 22 Juli 2024 klaim atas metode Metode pembuatan pupuk organik padat
berbahan baku brine geothermal dan potongan
rumput liar menjadi produk compost brine
Method of making solid organic fertilizer from
22 July 2024 claim on methods geothermal brine and wild grass cuttings into
compost brine products
8 Indonesia 22 Juli 2024 klaim atas alat Mempercepat proses pengeringan kopi arabika
Canaya di PGE area kamojang dengan geothermal
dryhouse
Accelerating the drying process of Canaya arabika
22 July 2024 claims on tools coffee at PGE kamojang area with geothermal
dryhouse
2024 Annual Report PT Pertamina Geothermal Energy Tbk 37
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02 IKHTISAR KINERJA
PERFORMANCE SUMMARY
Sertifikat Paten & ISO
Patent & ISO Certificate
3 4 5
38 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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PERISTIWA PENTING 2024
IMPORTANT EVENTS 2024
PGE meresmikan pilot project Lao-Lao Geopark di area PGE
Lahendong, Tomohon, Sulawesi Utara. Lao-Lao Geopark menjadi
kolam pemandian air panas pertama di Indonesia yang memanfaatkan
energi panas bumi secara langsung (direct use), dengan menggunakan
teknologi heat exchanger yang memanfaatkan fluida panas bumi untuk
menghasilkan air hangat dengan suhu 37-39 derajat Celsius.
PGE officially launched the Lao-Lao Geopark pilot project in the PGE
Lahendong area, Tomohon, North Sulawesi. Lao-Lao Geopark is
Indonesia’s first hot spring bathing facility powered by the direct use
7 Januari | January 2024 of geothermal energy, utilizing heat exchanger technology that uses
geothermal fluid to generate warm water at 37-39 degrees Celcius.
PGE Resmikan Lao-Lao
Geopark, Kolam Air Panas
Dengan Energi Panas Bumi
PGE Officiates Lao-Lao Geopark,
Featuring Geothermal Hot Springs
Saham PGE (PGEO) berhasil masuk ke dalam indeks LQ45, yang berisi
45 saham kapitalisasi pasar terbesar dan paling likuid di Bursa Efek
Indonesia (BEI). Indeks LQ45 adalah indikator penting dalam investasi
saham di Indonesia, dengan seleksi berdasarkan likuiditas, kapitalisasi
pasar, fundamental perusahaan, dan prospek pertumbuhan.
PGEO stocks have successfully entered the LQ45 index, comprising
the 45 largest and most liquid stocks on the Indonesia Stock Exchange
(IDX), ranked by market capitalization. The LQ45 Index is a key indicator
for stock investment in Indonesia, with constituent selection criteria
1 Februari |February 2024 including liquidity, market capitalization, company fundamentals, and
growth outlook.
PGEO Tembus Indeks LQ45
PGEO Enters LQ45 Index
2024 Annual Report PT Pertamina Geothermal Energy Tbk 39
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02 IKHTISAR KINERJA
PERFORMANCE SUMMARY
PGE dan PT PLN Indonesia Power (PLN IP) menandatangani Joint
Development Study Agreement (JDSA) sebagai langkah awal dalam
kemitraan strategis untuk mempercepat pengembangan potensi
panas bumi di Indonesia. Perjanjian ini menandai komitmen kedua
perusahaan dalam melakukan studi bersama terkait optimalisasi kap-
asitas Pembangkit Listrik Tenaga Panas Bumi (PLTP) melalui proyek
co-generation.
PGE and PT PLN Indonesia Power (PLN IP) signed a Joint Development
Study Agreement (JDSA), marking the beginning of a strategic partner-
22 Februari | February 2024 ship to expedite the development of geothermal potential in Indonesia.
This agreement signifies the commitment of both companies to conduct
PGE dan PLN IP Jalin Kemitraan joint studies focused on optimizing the capacity of Geothermal Power
Strategis Melalui Co-Generation Plants (PLTP) through co-generation projects.
PGE and PLP IP Establish Strategic
Partnership through Co-Generation
Dalam rangkaian Safari Ramadan 1445 H, PGE Area Lumut Balai
menggelar Tarawih Keliling (Tarling) di tiga desa, yakni Penindaian,
Babatan, dan Pulau Panggung. Kegiatan ini menjadi ajang silaturahmi
sekaligus berbuka puasa bersama masyarakat sekitar. Di samping itu,
PGE bersama Badan Dakwah Islamiah (BDI) juga melakukan kegiatan
Tanggung Jawab Sosial Perusahaan dengan menyalurkan bantuan
sarana dan prasarana bagi masjid-masjid di ketiga desa tersebut.
As part of Ramadan Safari 1445 H, PGE Lumut Balai area organized
a series of Tarling, a congregational Taraweeh Prayer on the nights of
21 Maret – 4 April 2024 | March - 4 April 2024 Ramadan, in three villages: Penindaian, Babatan, and Pulau Panggung.
This event served as a platform for a silaturahmi (amicable gathering)
PGE Area Lumut Balai Gelar and communal iftar (fast breaking) with the local residents. Moreover,
Safari Ramadan dan Berbagi PGE, in collaboration with the Islamic Da’wah Agency (BDI), ran
dengan Masyarakat Corporate Social Responsibility activities by distributing facilities and
infrastructure assistance to mosques in the three villages.
PGE Lumut Balai Area Holds
Ramadan Safari and Shares with
Communities
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Sebagai kelanjutan dari JDSA, PGE dan PT PLN Indonesia Power
(PLN IP) menandatangani Joint Development Agreement (JDA). Fokus
utamanya adalah pengembangan proyek co-generation di dua wilayah
kerja panas bumi dengan memanfaatkan brine untuk meningkatkan
kapasitas produksi listrik, yaitu di PLTP Ulubelu Binary Unit (30
MW) dan PLTP Lahendong Binary Unit (15 MW). Kemitraan ini juga
diharapkan dapat menjadi model kolaborasi untuk mendukung transisi
energi dan peningkatan energi terbarukan di Indonesia.
Following up on the JDSA, PGE and PT PLN Indonesia Power (PLN IP)
30 Mei | May 2024 signed a Joint Development Agreement (JDA). The agreement focuses
mainly on the development of co-generation projects in two geothermal
PGE dan PT PLN Indonesia Power
working areas, utilizing brine to increase electricity generation capacity
Tandatangani JDA untuk Proyek
at the Ulubelu Binary Unit Geothermal Power Plant (PLTP) (30 MW) and
Co-Generation di PLTP Ulubelu dan the Lahendong Binary Unit Geothermal Power Plant (PLTP) (15 MW).
Lahendong This partnership is envisioned as a collaborative model to drive energy
transition and advance renewable energy in Indonesia.
PGE and PT PLN Indonesia Power Enter
Into JDA for Co-Generation Project at
Ulubelu dan Lahendong Power Plant
(PLTP)
PGE menandatangani Joint Study Agreement (JSA) bersama Pertamina
Group yaitu PT Elnusa Tbk (Elnusa), PT PGAS Solution (PGASOL),
dan PT Pertamina Maintenance and Construction, (PertaMC), guna
mengembangkan teknologi dan meningkatkan produksi dalam negeri
bagi komponen utama pembangkit listrik panas bumi. JSA ini meliputi
studi bersama terkait potensi pengembangan portofolio bisnis yang
mencakup: heat exchanger manufacturer, geothermal operation and
maintenance service, cooling tower manufacturer, dan EPCC and
pipeline construction.
27 Juni | June 2024 PGE signed a Joint Study Agreement (JSA) with Pertamina Group,
consisting of PT Elnusa Tbk (Elnusa), PT PGAS Solution (PGASOL), and
PGE dan Pertamina Group PT Pertamina Maintenance and Construction (PertaMC), to develop
Kembangkan Teknologi technology for and boost domestic production of the main components
Komponen Pembangkit Listrik of geothermal power plants. The JSA covers a joint study on the business
Panas Bumi portfolio diversification potential, which includes: heat exchanger
manufacturing, geothermal operation and maintenance services,
PGE and Pertamina Group cooling tower manufacturing, and EPCC and pipeline construction.
Develop Technology for
Geothermal Power Plant
Components
2024 Annual Report PT Pertamina Geothermal Energy Tbk 41
Page 42
02 IKHTISAR KINERJA
PERFORMANCE SUMMARY
PGE Area Lahendong mengembangkan produk samping panas bumi pupuk
dan booster cair nanosilika “Katrili” dari silika, bekerja sama dengan Fakultas
Teknik UGM. Inisiatif ini bertujuan untuk meningkatkan produktivitas petani
di Sulawesi Utara serta mengoptimalkan pemanfaatan sumber daya panas
bumi. Penyemprotan perdana pupuk dilakukan pada 26 Juli 2024 di Demplot
Pilot Project, Desa Tonsewer, Minahasa. Melalui kerja sama ini, PGE dan
FT UGM akan melakukan produksi, uji coba, serta evaluasi kualitas dan
dampak lingkungan, dengan harapan memberikan manfaat berkelanjutan
bagi sektor pertanian dan ketahanan pangan nasional.
26 Juli | July 2024
PGE Lahendong Area developed products from geothermal byproducts,
namely nanosilica-based fertilizer and liquid booster “Katrili” in cooperation
PGE Optimalkan Produk with the Faculty of Engineering of Universitas Gadjah Mada (FT UGM).
Samping Panas Bumi This initiative is aimed at enhancing the productivity of farmers in North
PGE Optimizes Geothermal Sulawesi province and making the most of geothermal energy. The fertilizer
was sprayed for the first time on 26 July 2024 in the Demplot Pilot Project,
Byproducts Tonsewer Village, Minahasa Regency. Through this cooperation, PGE and
FT UGM will conduct production, tryout, and quality and environmental
evaluation in the hope that it will bring sustainable benefits to the agriculture
sector and national food security.
PGE menjalin kemitraan bersama Ecolab International Indonesia dengan
penandatanganan Memorandum of Understanding (MoU) untuk
mengembangkan teknologi pengukuran aliran fluida dua fasa Flow2Max®️.
Inovasi ini merupakan teknologi pertama di dunia dalam pengukuran aliran
fluida dua fasa yang lebih andal, real-time, dan akurat. Teknologi yang
dikembangkan Perwira PGE ini telah memperoleh paten di sejumlah negara,
termasuk Amerika Serikat, Islandia, Turkiye, Filipina, Selandia Baru, dan
Indonesia. Melalui kerja sama ini, teknologi Flow2Max®️ berpeluang untuk
diaplikasikan di berbagai sektor industri, khususnya sektor migas dan utilitas.
15 Agustus | August 2024
PGE established a partnership with Ecolab International Indonesia with the
PGE Menandatangani MoU signing of a Memorandum of Understanding (MoU) to develop Flow2Max®️,
dengan Ecolab Internasional a two-phase fluid flow measurement technology. This innovative technology
Indonesia untuk Kembangkan is the first of its kind globally, offering more reliable, real-time, and accurate
Teknologi Flow2Max®️ measurements of two-phase fluid flows. The technology developed by PGE
Officers has received a patent in several countries, including the United States
PGE Signs MoU with Ecolab of America, Iceland, Türkiye, the Philippines, New Zealand, and Indonesia.
International Indonesia to This cooperation creates an opportunity for the Flow2Max®️ technology to
Develop Flow2Max Technology be applied across various industry sectors, particularly oil and gas and utility.
42 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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PGE menjalin kemitraan strategis dengan Nippon Export and Investment
Insurance (NEXI), perusahaan asuransi milik pemerintah Jepang,
untuk mendorong investasi di sektor panas bumi serta mendukung
pengembangan proyek dekarbonisasi. Melalui kesepakatan ini, NEXI
akan menyediakan layanan asuransi pinjaman bagi proyek-proyek
energi panas bumi PGE, termasuk proyek strategis Lahendong 7 & 8,
guna mempercepat pengembangan energi terbarukan di Indonesia.
PGE engaged in a strategic partnership with Nippon Export and
Investment Insurance (NEXI), a Japanese state-owned insurance
20 Agustus | August 2024 company, to boost investment in the geothermal sector and prop up
the decarbonization project development. Through this agreement,
PGE dan NEXI Perkuat NEXI will provide a loan insurance service for PGE’s geothermal energy
Kemitraan untuk Percepatan projects, including strategic projects in Lahendong 7 & 8, to accelerate
Transisi Energi Bersih the advancement of renewable energy in Indonesia.
PGE and NEXI Strengthen
Partnership to Deliver Clean Energy
Transition
PGE berpartisipasi dalam Indonesia International Sustainability Forum
(IISF) 2024, forum untuk mendorong kolaborasi dan berbagi praktik
terbaik antar-pemangku kepentingan dalam memajukan ekonomi
hijau, termasuk upaya dekarbonisasi, dengan tujuan memperkuat
upaya global dalam mencapai pertumbuhan berkelanjutan. Dalam
partisipasinya, PGE menyatakan kesiapannya sebagai motor penggerak
dan pemimpin percepatan pengembangan energi panas bumi sebagai
tulang punggung transisi energi nasional yang merupakan bagian dari
upaya dekarbonisasi.
5-6 September | September 2024 PGE participated in the 2024 Indonesia International Sustainability
Forum (IISF), a forum to foster collaboration and share best practices
PGE Tegaskan Peran Sebagai among stakeholders for green economy advancement, including
Pemimpin Transisi Energi di IISF decarbonization endeavors, with a goal of reinforcing global efforts
2024 to achieve sustainable growth. At the forum, PGE stated its readiness
as a driving force and leader of geothermal development acceleration,
PGE Reaffirms Its Role as Energy serving as the backbone of the national energy transition, which is part
Transition Leader at 2024 IISF of decarbonization efforts.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 43
Page 44
02 IKHTISAR KINERJA
PERFORMANCE SUMMARY
Di ajang Indonesia International Geothermal Convention & Exhibition
(IIGCE) 2024, PGE menandatangani Consortium Agreement of
Co-generation Cooperation dengan PT PLN Indonesia Power untuk
meningkatkan kapasitas pembangkit listrik tenaga panas bumi (PLTP)
PGE melalui teknologi co-generation, dengan potensi tambahan
daya hingga 230 MW. Pada tahap awal kerja sama ini, PGE akan
menambah kapasitas 45 MW melalui PLTP Lahendong Binary Unit
(15 MW) dan PLTP Ulubelu Binary Unit (30 MW), dengan investasi
sebesar USD165 juta.
18 September | September 2024 At the 2024 Indonesia International Geothermal Convention &
Exhibition, PGE signed the Consortium Agreement of Co-generation
PGE dan PLN Indonesia Power Cooperation with PT PLN Indonesia Power to increase the capacity
Menjalin Kerja sama untuk of PGE’s geothermal power plants (PLTP) through co-generation
Co-generation di IIGCE 2024 technology, allowing additional power potential of up to 230 MW. At
the initial stage of the cooperation, PGE will increase the capacity by 45
PGE and PLN Indonesia Power
MW through PLTP Lahendong Binary Unit (15 MW) and PLTP Ulubelu
Embark on Cooperation for Binary Unit (30 MW) with a total investment of USD165 million.
Co-generation at 2024 IIGCE
PGE menjalin kesepakatan strategis bersama Geothermal Development
Company Ltd. (GDC) dan Africa Geothermal International Ltd. (AGIL)
untuk mempercepat pengembangan lapangan panas bumi di Kenya.
Melalui kerja sama ini, PGE akan berkontribusi dalam eksplorasi dan
pengembangan dua lapangan panas bumi di negara tersebut. PGE
dan GDC juga telah mendiskusikan dukungan dari Pemerintah Kenya
untuk mempercepat proyek pengembangan lapangan panas bumi
Suswa, yang terletak di area vulkanis wilayah Narok, Kenya. GDC
sendiri merupakan pengembang panas bumi yang sepenuhnya dimiliki
oleh Pemerintah Kenya.
18 September | September 2024
PGE sealed a strategic agreement with Geothermal Development
PGE, GDC dan AGIL Company Ltd. (GDC) and Africa Geothermal International Ltd. (AGIL)
Menyepakati Percepatan to expedite the development of geothermal fields in Kenya. Through this
Pengembangan 2 Lapangan cooperation, PGE will contribute to the exploration and development
Panas Bumi di Kenya of two geothermal fields in Kenya. PGE and GDC have also discussed
the Kenyan Government’s support to accelerate the Suswa geothermal
PGE, GDC and AGIL Agree to field development project located in the volcanic area of Narok, Kenya.
Expedite 2 Geothermal Field For the record, GDC is a geothermal developer wholly owned by the
Development in Kenya Kenyan Government.
44 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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PGE menandatangani Joint Development Agreement (JDA) dengan
PT Elnusa Tbk, dan Multifab untuk pengembangan serta manufaktur
komponen heat exchanger. Langkah ini sejalan dengan komitmen PGE
dalam mendorong inovasi melalui pengembangan manufaktur lokal
komponen utama dan layanan pemeliharaan, rekayasa, konstruksi,
dan operasi PLTP.
PGE signed a Joint Development Agreement (JDA) with PT Elnusa
Tbk and Multifab for heat exchanger component development and
manufacturing. This measure aligns with PGE’s commitment to promoting
19 September 2024 || September
19 September 2024
19 September 2024 innovation through the development of local manufacturing of main
components and maintenance services, engineering, construction, and
PGE Menandatangani JDA operations of geothermal power plants.
dengan Elnusa dan Multifab
PGE Signs JDA with Elnusa and
Multifab
Dalam ajang IIGCE 2024, PGE juga menandatangani JDA dengan
PT Pertamina Maintenance and Construction (PertaMC) untuk jasa
Operation & Maintenance. Kerja sama ini bertujuan meningkatkan
efisiensi dan keandalan operasional pembangkit listrik tenaga panas
bumi yang dikelola PGE.
At the 2024 IIGCE, PGE signed a JDA with PT Pertamina Maintenance
and Construction (PertaMC) for Operations & Maintenance services.
This cooperation seeks to increase the operational efficiency and
reliability of PGE-managed geothermal power plants.
19 September | September 2024
PGE dan PertaMC Siap Optimalkan
Operasi dan Pemeliharaan
PLTP Melalui Joint Development
Agreement (JDA)
PGE and PertaMC Ready to Optimize
Geothermal Power Plant Operations and
Maintenance through Joint Development
Agreement (JDA)
2024 Annual Report PT Pertamina Geothermal Energy Tbk 45
Page 46
02 IKHTISAR KINERJA
PERFORMANCE SUMMARY
PGE menandatangani JDA dengan PT PGAS Solution Tbk yang
berfokus pada layanan Engineering, Procurement, Construction,
and Commissioning (EPCC) di sektor panas bumi. Kolaborasi
ini bertujuan memperkuat pengembangan infrastruktur panas
bumi dengan meningkatkan efisiensi dan efektivitas dalam
proses rekayasa, pengadaan, konstruksi, serta commissioning .
PGE signed a Joint Development Agreement (JDA) with PT PGAS
Solution Tbk, focusing on Engineering, Procurement, Construction,
and Commissioning (EPCC) services in the geothermal sector. This
19 September | September 2024
collaboration aims to strengthen geothermal infrastructure development
by boosting efficiency and effectiveness in the engineering, procurement,
PGE dan PGAS Solution construction, and commissioning process.
Jalin Kerja Sama EPCC untuk
Pengembangan Panas Bumi
PGE and PGAS Solution Establish
EPCC for Geothermal Development
Dalam upaya mendorong inovasi teknologi di sektor panas bumi, PGE
menandatangani perjanjian lisensi teknologi Flow2Max® dengan PT
Sigma Cipta Utama. Flow2Max® dikembangkan oleh PGE untuk
memantau kinerja sumur panas bumi secara akurat dan real-time,
sehingga meningkatkan efisiensi dalam pengelolaan reservoir atau
sumber daya panas bumi.
In a bid to promote technological innovation in the geothermal sector,
PGE signed the Flow2Max® technology license agreement with PT
Sigma Cita Utama. Flow2Max® was developed by PGE to accurately
19 September | September 2024 monitor the performance of geothermal wells in real-time, enhancing
efficiency in geothermal reservoir or resource management.
PGE dan PT Sigma Cipta Utama
Berkolaborasi dalam Lisensi
Teknologi Flow2Max®
PGE and PT Sigma Cipta Utama
Collaborate in Flow2Max®
Technology License
46 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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PGE menjalin kerja sama strategis deng an Universitas
Pertamina (UPER) dan The University of Auckland (UoA) melalui
penandatanganan Memorandum of Agreement (MoA), untuk
program pengembangan kapasitas yang bertujuan meningkatkan
keahlian Per wira PGE di bidang teknologi panas bumi.
Kolaborasi ini merupakan bagian dari program Geothermal Energy
Knowledge and Technology Based Advancement Certification (Geo-
Elevate), yang menitikberatkan pada pengembangan kapasitas guna
mempercepat pemanfaatan cadangan panas bumi sebesar 3 GW yang
19 September | September 2024 dikelola PGE.
PGE Perkuat Pengembangan PGE forged strategic cooperation with Universitas Pertamina (UPER) and
SDM Panas Bumi melalui Kerja the University of Auckland (UoA) with the signing of a Memorandum
Sama dengan UPER dan UoA of Agreement (MoA) on a capacity development program aimed at
enhancing the skills of PGE Employees in the geothermal technology
PGE Reinforces Human Capital sector.
Development in Geothermal
Sector through Cooperation This collaboration is part of the Geothermal Energy Knowledge and
Technology Based Advancement Certification (Geo-Elevate) program,
with UPER and UoA which emphasizes capacity development for accelerating the utilization
of 3 GW of geothermal reserves managed by PGE.
PGE menggagas inisiatif pilot project hidrogen hijau di PGE Area
Ulubelu, yang menjadi potensi sumber pendapatan baru di luar sektor
ketenagalistrikan (beyond electricity). Guna mendukung inisiatif
tersebut, PGE menandatangani MoU dengan PT Pertamina Power
Indonesia (Pertamina NRE) dan Genvia, perusahaan asal Prancis
yang mengembangkan teknologi Solid Oxide Electrolyzer (SOEL),
yang mampu mengurangi penggunaan listrik dalam proses produksi
hidrogen hingga 30%. PGE, PNRE, dan Genvia melakukan studi
bersama terkait pengembangan hidrogen rendah karbon dengan
memadukan teknologi SOEL dari Genvia dan pembangkit listrik
tenaga panas bumi (PLTP) Combined Heat and Power (CHP) milik PGE.
27 September | September 2024
PGE initiated a green hydrogen pilot project in the PGE Ulubelu Area,
PGE Percepat Pengembangan which has the potential to become a new income source beyond electricity.
Hidrogen Hijau melalui To support the initiative, PGE signed an MoU with PT Pertamina Power
Kolaborasi Strategis Indonesia (Pertamina NRE) and Genvia, a French-based company
developing Solid Oxide Electrolyzer (SOEL) technology, which can reduce
PGE Speeds up Green Hydrogen electricity use in hydrogen production by up to 30%. PGE, PNRE, and
Development through Strategic Genvia conducted a joint study on low-carbon hydrogen development
Collaboration by combining Genvia’s SOEL technology and PGE’s Combined Heat and
Power (CHP) geothermal power plant.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 47
Page 48
02 IKHTISAR KINERJA
PERFORMANCE SUMMARY
PGE mencatat pencapaian keberlanjutan dengan meraih peringkat
pertama ESG Risk Rating global oleh Sustainalytics dengan skor 7,1.
PGE masuk dalam kategori Negligible Risk, menandakan risiko ESG
yang dapat diabaikan. Prestasi ini menjadikan PGE sebagai perusahaan
dengan risiko ESG terendah di sub-sektor energi terbarukan dan industri
utilitas global.
Keberhasilan ini mencerminkan efektivitas PGE dalam mengelola risiko
material ESG dengan nilai kuat (strong) serta nilai risiko yang tergolong
medium. Selain itu, pencapaian ini turut mengukuhkan posisi PGE di
18 Oktober | October 2024 urutan pertama dalam IDX ESG Leader Index, yang mengukur kinerja
saham perusahaan-perusahaan dengan penilaian ESG terbaik. Dengan
PGE Raih Peringkat ESG Terbaik hasil ini, PGE semakin mempertegas perannya sebagai pemimpin dalam
Secara Global industri energi hijau dan keberlanjutan.
PGE Claims Top Position in Global PGE made an achievement in sustainability with a top position in the global
ESG Rating ESG Risk Rating from Sustainalytics with a score of 7.1. PGE was placed
in the Negligible Risk category, indicating ESG risks that can be ignored.
This achievement made PGE a company with the lowest ESG risk in the
renewable energy sub-sector and global utility industry.
This achievement reflects PGE’s effectiveness in managing ESG material
risks with a strong rating and a risk level classified as medium. In addition,
this achievement strengthens PGE’s position in the top position in the IDX
ESG Leader Index, which measures the stock performance of companies
with the best ESG rating. With such a result, PGE strengthens its role as
the leader in the green energy industry and sustainability.
Dalam Public Expose 2024 PGE mengungkapkan pencapaian kinerja
produksi dan keuangan yang solid sepanjang tiga kuartal 2024.
Dengan visi menjadi pemimpin energi hijau global, PGE menargetkan
peningkatan kapasitas terpasang sebesar 1,7 GW pada 2033. Target ini
akan memberikan kontribusi sekitar 27% dari target kapasitas terpasang
Indonesia sebesar 6,1 GW.
Selain itu, PGE juga akan menambah kapasitas tiga proyek strategis
yaitu Hululais Unit 1 dan 2 yang akan berkontribusi sebesar 110 MW,
Lumut Balai Unit 2 yang akan menambah kapasitas terpasang hingga 55
6 November | November 2024
MW, serta proyek co-generation yang diproyeksikan menambah kapasitas
terpasang hingga 45 MW.
PGE Paparkan Kinerja dan
Strategi Menuju Pelopor Energi In the 2024 Public Expose, PGE shared its solid production and financial
Hijau dalam Public Expose 2024 performance achievements throughout three quarters of the year. With
a vision of becoming a global green energy leader, PGE aimed for an
PGE Unveils Performance and increase of 1.7 GW installed capacity by 2033. This target will contribute
Strategy for Pioneering Green approximately 27% of Indonesia’s installed capacity target of 6.1 GW.
Energy in 2024 Public Expose
Furthermore, PGE will also increase the capacity of three strategic projects,
namely Hululais Units 1 and 2 which will contribute 110 MW, Lumut
Balai Unit 2 that will boost the installed capacity by 55 MW, and a
co-generation project that is projected to magnify the installed capacity
by 45 MW.
48 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Inisiatif ini merupakan bagian dari program Geothermal Energy
Knowledge and Technology Based Advancement Certification (Geo-
Elevate) yang berfokus pada capacity building yang menjadi kunci
dalam akselerasi pemanfaatan kapasitas potensi cadangan panas bumi
sebesar 3 GW yang dikelola PGE. Program ini dirancang untuk mencetak
tenaga profesi onal yang kompeten melalui kombinasi studi akademik
dan pengalaman praktis. Peserta akan mengikuti pendidikan sertifikasi
keahlian tingkat lanjut Geothermal Energy Technology di UoA selama
empat bulan, dilanjutkan dengan pelatihan intensif selama satu bulan di
Universitas Pertamina, yang berorientasi pada kebutuhan industri. Kerja
25 November | November 2024 sama ini merupakan wujud nyata dari komitmen PGE dalam meningkatkan
kompetensi SDM, menghadirkan inovasi, dan mendorong keberlanjutan.
PGE Jalin kolaborasi strategis
dengan Universitas Pertamina This initiative is part of the Geothermal Energy Knowledge and Technology
Based Advancement Certification program, known as Geo-Elevate, with
dengan University of Auckland
a focus on capacity building which is key to accelerating the leverage
of the 3 GW potential geothermal reserves managed by PGE. This
PGE Establishes Strategic
program is devised to create competent professional personnel through
Collaboration with Universitas a combination of academic study and practical experience. Participants
Pertamina and The University of will partake in a four-month advanced Geothermal Energy Technology
Aucklandergy Transition Leader at expertise certification education program at UoA, followed by a one-
2024 IISF month intensive training program at Pertamina University, which is oriented
towards industry needs. This collaboration is a real manifestation of PGE’s
commitment to improving HR competency, presenting innovation, and
promoting sustainability.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 49
Page 50
3
03 LAPORAN MANAJEMEN
MANAGEMENT REPORT
LAPORAN
MANAJEMEN
MANAGEMENT
REPORT
50 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Iktisar Kerja
Performance Highlights
Iktisar Kerja
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L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a 51
Page 52
03 LAPORAN MANAJEMEN
MANAGEMENT REPORT
LAPORAN
DEWAN
KOMISARIS
REPORT OF THE BOARD OF
COMMISSIONERS
52 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 53
SARMAN SIMANJORANG
Komisaris Utama/Komisaris Independen
President Commissioner/Independent Commissioner
Di tengah kondisi global yang menantang, PT Pertamina Geothermal Energy Tbk
(PGE) berhasil menerapkan strategi yang sesuai dengan visi misi Pemerintah akan
swasembada dan ketahanan energi nasional, serta menjaga keseimbangan kinerja
bisnis dengan pengelolaan Environmental, Social, and Governance (ESG).
Amid challenging global conditions, PT Pertamina Geothermal Energy Tbk (PGE) has
successfully implemented strategies aligned with the Government's vision and mission
for energy self-sufficiency and national energy security, while maintaining a balanced
business performance through sound Environmental, Social, and Governance (ESG)
management.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 53
Page 54
03 LAPORAN MANAJEMEN
MANAGEMENT REPORT
54 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 55
Tahun 2024 adalah periode yang sarat tantangan, The year 2024 saw a challenging period, marked by
dengan adanya eskalasi konflik geopolitik yang escalating geopolitical conflicts affecting global
memengaruhi stabilitas ekonomi global dan rantai economic stability and the energy supply chain.
pasok energi. Perubahan kebijakan ekonomi dan politik Changes in economic and political policies due to
akibat pergantian pemerintahan di sejumlah negara, changes in government in a number of countries also
juga membawa ketidakpastian baru yang dapat bring fresh uncertainties, impacting energy sector
berdampak pada regulasi sektor energi, akses regulations, access to funding, and global trade
pendanaan, dan dinamika perdagangan dunia. dynamics.
Dampak perubahan iklim yang semakin nyata juga The increasingly tangible impact of climate change is
menjadi hal yang mewarnai tahun 2024. Walaupun also something that made headline in 2024. While this
kondisi ini membawa risiko bagi operasional situation carries risks to our operations, it also brings
perusahaan, di sisi lain situasi ini membawa peluang opportunities for us as a green energy producer, as the
bagi kami sebagai produsen energi hijau, melalui accelerated energy transition in many countries will
percepatan transisi energi di berbagai negara yang increase the urgency of investing in clean energy.
akan meningkatkan urgensi investasi pada energi
bersih.
Pada tahun 2024, PGE menunjukkan kinerja yang In 2024, PGE showed a stellar performance, fuelled by
solid, didukung oleh dedikasi dan kerja keras seluruh the dedication and hard work of all PGE employees, as
insan PGE, serta eksekusi strategi yang tepat oleh well as the execution of appropriate strategies by the
Direksi dalam mengelola operasional secara efisien, Board of Directors in managing efficient operations,
menjaga stabilitas keuangan, dan mamanfaatkan maintaining financial stability, and leveraging growth
peluang pertumbuhan. opportunities.
PGE juga telah mengidentifikasi potensi cadangan PGE has also identified potential geothermal reserves
panas bumi hingga 3 gigawatt (GW) di seluruh wilayah of up to 3 gigawatts (GW) throughout the Company's
kerja Perseroan, yang diperkuat dengan hasil verifikasi working areas, reinforced by verification results of
konsultan geothermal terkemuka William (Bill) renowned geothermal consultant William (Bill)
Cumming, serta PT LAPI ITB. Cumming, as well as PT LAPI ITB.
Potensi cadangan PGE yang melimpah tersebut PGE's abundant reserves have the potential to expedite
berpotensi mendorong percepatan ekspansi kapasitas the expansion of installed capacity, and solidify PGE's
terpasang, serta memperkuat posisi PGE sebagai position as a leader in the geothermal industry in the
pemimpin industri panas bumi di Tanah Air. Hal tersebut country. This also enables us to make a greater
juga membuat kami dapat memberikan kontribusi yang contribution to the energy transition in Indonesia and
lebih besar terhadap transisi energi di Indonesia dan the world.
dunia.
Tinjauan Perekonomian dan Industri Economic and Industrial Overview
Kondisi global yang penuh ketidakpastian akibat dari The global landscape replete with uncertainties due to
konflik geopolitik yang berkepanjangan serta prolonged geopolitical conflicts and shifting policies in
perubahan kebijakan di beberapa negara, membuat several countries has made the global economy in
aktivitas perekonomian dunia pada tahun 2024 2024 relatively stagnant as markets adopt a wait and
cenderung stagnan karena kondisi pasar yang wait and see posture. This also fueled price volatility of several
see. Hal tersebut juga menyulut fluktuasi harga key parameters throughout the year.
beberapa parameter penting di sepanjang tahun.
Harga minyak mentah dunia pada bulan April 2024 Global crude oil prices in April 2024 briefly touched
sempat menyentuh level USD90-an per barel dan terus USD90 per barrel before gradually declining to
melemah hingga akhir tahun di posisi USD74,64 per USD74.64 per barrel at the end of the year-end. The
barel. Nilai tukar rupiah terhadap dolar Amerika Indonesian rupiah depreciated against the US dollar,
Serikat (AS) ditutup melemah Rp15.399 per dolar AS, closing at Rp15,399 per USD, exceeding the 2024
melewati asumsi Anggaran Pendapatan dan Belanja State Budget projection of Rp15,000 per USD.
Negara (APBN) 2024 yang senilai Rp15.000 per
dolar AS.
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Di dalam negeri, Presiden RI Prabowo Subianto melalui On the domestic front, Indonesia’s president Prabowo
Asta Cita atau delapan misinya untuk mewujudkan visi Subianto through the Asta Cita or his Eight Missions to
Bersama Indonesia Maju Menuju Indonesia Emas achieve the vision of ‘Together Indonesia Progressing
2045, menggarisbawahi pentingnya ketahanan dan Towards Golden Indonesia 2045’, underscored the
swasembada energi. importance of energy resilience and self-sufficiency.
Salah satu langkah strategis Pemerintah dalam One of the key Government strategic steps in driving
mendorong transisi energi adalah dengan meningkatkan the energy transition is to increase the proportion of
proporsi Energi Baru Terbarukan (EBT) dalam bauran New Renewable Energy (NRE) in the national energy
energi nasional, dengan panas bumi sebagai salah mix, with geothermal energy being one of the main
satu pilar utama. Pemerintah menargetkan penambahan pillars. The Government has set a target to increase
kapasitas listrik sebesar 103 GW hingga tahun 2040, electricity capacity by 103 GW until 2040, with 75
dengan 75 GW di antaranya berasal dari pembangkit GW generated from NRE-based power plants.
EBT.
Guna mencapai target tersebut, Pemerintah melalui To achieve this target, the Government through the
Kementerian Energi dan Sumber Daya Mineral (ESDM) Ministry of Energy and Mineral Resources (MEMR) is
tengah menyiapkan berbagai insentif bagi industri currently preparing various incentives for the
panas bumi, termasuk menyederhanakan proses geothermal industry, including simplifying licensing
perizinan serta meningkatkan Return on Investment processes and increasing Return on Investment (ROI).
(ROI). Langkah ini diharapkan dapat menarik lebih These measures are expected to attract more investment
banyak investasi untuk mempercepat pengembangan to expedite the development of the geothermal sector
sektor panas bumi dan mendukung ketahanan energi and bolster the national energy resilience.
nasional.
Dewan Komisaris menyambut baik dukungan The Board of Commissioners appreciates the
Pemerintah tersebut, karena kebijakan ini tidak hanya Government’ commitment, as this policy not only
memberikan peluang bagi PGE, namun juga mendorong provides opportunities for PGE but also fosters the
pertumbuhan industri secara keseluruhan. Dukungan growth of industry as a whole. This support has the
tersebut juga berpotensi memperkuat aspek potential to enhance the financial feasibility of
keekonomian proyek panas bumi, serta menciptakan geothermal projects and foster a more conducive
ekosistem yang lebih kondusif bagi investasi dan ecosystem for investment and the advancement of
pengembangan teknologi pendukung. supporting technologies.
Penilaian Terhadap Kinerja Direksi Performance Assessment of the
Board of Directors
Sepanjang tahun 2024, Direksi PGE telah menunjukkan All through 2024, PGE's Board of Directors has shown
kinerja yang solid dalam menjaga keandalan stellar performance in ensuring the Company's
operasional dan stabilitas perusahaan. Meskipun operational reliability and stability. While there were
terjadi dua kali pergantian Direksi pada bulan Februari two changes in the Board of Directors in February and
dan Mei 2024, proses transisi kepemimpinan yang May, a quick and smooth leadership transition process
cepat dan lancar memastikan operasional tetap allowed operations to continue to function optimally
berjalan optimal tanpa gangguan signifikan. without significant issues.
Keberhasilan ini tercermin dalam pencapaian kinerja Such success was reflected in operational and financial
operasional dan keuangan yang melampaui target performance that went beyond the targets of the
Rencana Kerja dan Anggaran Perusahaan (RKAP). Company's Work Plan and Budget (RKAP). Steam
Produksi uap setara listrik dari operasional sendiri (own production equivalent to electricity from own operations
operations) pada tahun 2024 mencapai 4.827,22 in 2024 reached 4,827.22 GWh, or 104.7% above
GWh, atau 104,7% di atas target RKAP sebesar the RKAP target of 4,611.82 GWh.
4.611,82 GWh.
Capaian produksi tersebut menjadi rekor tertinggi This production achievement is an all-time high in PGE's
sepanjang sejarah operasional PGE (all-time high), operational history, reflecting the effectiveness of the
mencerminkan efektivitas strategi dan komitmen kuat strategy and the strong commitment of the entire team
seluruh tim dalam mendorong pertumbuhan in driving sustainable growth.
berkelanjutan.
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Pendapatan usaha dari segmen produksi uap dan listrik Operating revenue from its own operations steam and
own operation pada tahun 2024 mencapai USD390,53 electricity production segment in 2024 generated
juta, meningkat 101,04% dibandingkan tahun USD390.53 million, an increase of 101.04% compared
sebelumnya yang sebesar USD386,49 juta. Realisasi to the previous year of USD386.49 million. This
ini juga mencapai 103,44% dari target RKAP 2024 realization also reached 103.44% of the 2024 RKAP
sebesar USD377,55 juta. target of USD377.55 million.
Pertumbuhan pendapatan didorong oleh optimalisasi The revenue growth was driven by the optimization of
operasional Pembangkit Listrik Tenaga Panas Bumi Geothermal Power Plant (PLTP) operations, increased
(PLTP), peningkatan produksi, serta kenaikan harga production, and a hike in selling prices. This performance
jual. Capaian ini mencerminkan efektivitas strategi reflects the effectiveness of PGE's asset management
pengelolaan aset dan operasional PGE dalam and operational strategies in leveraging the geothermal
memaksimalkan potensi sumber daya panas bumi. resource potential.
Sementara itu, Laba bersih Perseroan sedikit menurun Meanwhile, the Company’s net profit slightly declined
dari USD163,57 juta di tahun 2023 menjadi from USD163.57 million in 2023 to USD160.30
USD160,30 di tahun 2024, dengan realisasi target million in 2024, achieving 110.43% of the RKAP
RKAP sebesar 110,43%. Penurunan Laba Bersih terjadi target. The decline in net profit was attributed to an
karena kenaikan beban aktivitas operasional dan increase in operating and financial expenses, which
beban keuangan yang lebih besar dari penambahan outweighed the increase in the Company’s operating
pendapatan usaha dan pendapatan keuangan and financial revenues.
Perseroan.
Dewan Komisaris meyakini pencapaian kinerja PGE The Board of Commissioners firmly believes that PGE's
terjadi berkat eksekusi strategi Direksi yang tepat dan performance achievements were made possible by the
telah selaras dengan visi keberlanjutan Pemerintah Board of Directors’ effective execution of strategies that
akan swasembada energi, yaitu mendorong align with the Government's sustainability vision for
pertumbuhan kapasitas terpasang di dalam negeri energy self-sufficiency, namely encouraging the growth
(organic growth), meningkatkan kapasitas lokal dan of domestic installed capacity (organic growth),
produksi dalam negeri, serta meningkatkan manfaat increasing local capacity and domestic production,
panas bumi melalui pengembangan produk turunan and improving geothermal benefits through the
dan pendapatan di luar kelistrikan. development of derivative products and non-electricity
revenues.
Kami melihat PGE terus menjalankan penerapan aspek We believe that PGE has consistently applied ESG
ESG secara berkelanjutan dalam seluruh proses aspects sustainably across its business processes,
bisnisnya, yang tercermin dari berbagai pencapaian reflected in various significant achievements throughout
signifikan sepanjang tahun 2024: 2024:
1. Aspek Lingkungan: PGE berhasil menjaga tingkat 1. Environmental Aspect: PGE successfully maintained
intensitas emisi sebesar 41,04 gr CO2eq/kWh, an emissions intensity level at 41.04 gr CO2eq/
jauh lebih rendah dibandingkan taksonomi Uni kWh, much lower than the EU taxonomy of 100 gr
Eropa sebesar 100 gr CO2eq/kWh. Selain itu, CO2eq/kWh. In addition, the optimization of PLTP
optimalisasi produksi PLTP telah menghasilkan production has resulted in the emissions avoidance
penghindaran emisi sebesar 4.051.167,79 ton of 4,051,167.79 tons of CO2eq, or 95.23% lower
CO2eq, 95,23% lebih rendah dibandingkan emisi than the emissions of fossil fuel power plants.
pembangkit berbahan bakar fosil.
2. Aspek Sosial: Dari sisi pengelolaan keselamatan 2. Social Aspect: From the work safety management
kerja, PGE berhasil mencatat nol kecelakaan kerja front, PGE successfully recorded zero fatalities. As
yang mengakibatkan kematian. Adapun kontribusi for contribution to employees, this is reflected from
untuk pekerja dapat dilihat dari keterwakilan female employee representation at the managerial
pekerja perempuan di level manajerial yang telah level reaching 16%. Meanwhile, PGE contribution
mencapai 16%. Sementara itu, kontribusi PGE to the national economy is evident from the number
terhadap ekonomi nasional terepresentasikan dari of PGE local suppliers reaching 92.79%, as well
jumlah pemasok lokal PGE yang mencapai as community empowerment programs which have
92,79%, serta program pemberdayaan
masyarakat di sekitar wilayah operasional PGE
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yang telah memberikan manfaat kepada 30.832 benefited 30,832 people around PGE operational
orang. areas.
3. Aspek Tata Kelola: PGE menjaga standar tata 3. Governance Aspect: PGE upheld strong
kelola yang tinggi dengan mencatat nol perkara governance standards by recording zero legal
hukum yang melibatkan Dewan Komisaris, Direksi, cases involving the Board of Commissioners, the
manajemen, maupun pekerja. Perseroan juga tidak Board of Directors, management, or employees.
menerima sanksi administratif yang material, The Company also received no material
mencatat nol insiden keamanan siber, serta administrative sanctions, recorded zero
mencapai tingkat kepatuhan 100% dalam cybersecurity incidents, and achieved a 100%
pelaporan LHKPN. compliance rate in the submission of the State
Official Wealth Report (LHKPN).
Pengawasan dan Pemberian Saran Supervision and Advisory Role in
dalam Perumusan dan Pelaksanaan Formulation and Implementation of
Strategi Direksi the Board of Directors’ Strategy
Sesuai ketentuan dalam Anggaran Dasar, Dewan Pursuant to the provisions in the Articles of Association,
Komisaris melakukan pengawasan dan pemberian the Board of Commissioners exercises supervision and
saran dalam perumusan strategi Direksi melalui proses provides advice in the formulation of the Board of
peninjauan RKAP dan Rencana Jangka Panjang Directors' strategy through a review process of the
Perusahaan (RJPP), yang disusun oleh Direksi. Company's RKAP and Long-Term Corporate Plan (RJPP),
prepared by the Board of Directors.
Dewan Komisaris memastikan efektivitas pengawasan The Board of Commissioners ensures the effectiveness
dan pemberian arahan strategis kepada Direksi melalui of its supervisory role and strategic guidance through
rapat gabungan yang rutin diselenggarakan setidaknya joint meetings, which are held regularly at least once a
satu kali sebulan. Selain itu, dalam rangka memastikan month. Furthermore, to ensure that the strategy is
implementasi strategi berjalan sesuai target, Dewan implemented according to the set target, the Board of
Komisaris juga melakukan pengawasan langsung Commissioners also conducts direct supervision through
melalui kunjungan lapangan atau management management walkthroughs, which are consistently
walkthrough, yang konsisten dilaksanakan minimal lima conducted at least five times a year.
kali dalam setahun.
Pendekatan ini memungkinkan Dewan Komisaris untuk This enables the Board of Commissioners to gain a
memperoleh pemahaman yang lebih mendalam deeper understanding of the Company's operations
terhadap operasional Perseroan serta memberikan and provide more substantial input to support the
masukan yang lebih tepat dalam mendukung achievement of strategic objectives.
pencapaian target strategis.
Dalam menjalankan fungsi pengawasan, Dewan In executing its supervisory function, the Board of
Komisaris berperan aktif dengan memberikan Commissioners actively participates in granting
persetujuan terhadap berbagai keputusan strategis approval of various strategic decisions made by the
yang diambil oleh Direksi. Contohnya dalam hal Board of Directors. These include decisions related to
keputusan investasi anorganik, rencana pinjaman inorganic investments, the approval or granting of
jangka pendek maupun panjang, serta penetapan dan short-term loans, the bad debts write-off, and the
penyesuaian struktur organisasi hingga satu tingkat di establishment or adjustment of the organizational
bawah Direksi. structure up to one level below the Board of Directors.
Mekanisme ini bertujuan untuk memastikan bahwa This mechanism is aimed at ensuring that every strategic
setiap langkah strategis yang diambil sejalan dengan step taken aligns with the interests of shareholders and
kepentingan pemegang saham serta kebijakan tata adheres to good corporate governance principles.
kelola yang baik. Rincian keputusan-keputusan tersebut Details of these decisions throughout 2024 can be
di sepanjang tahun 2024 terdapat dalam sub bab found in the Board of Commissioners subsection in the
Dewan Komisaris pada Bab Tata Kelola Perusahaan. Good Corporate Governance Chapter.
Tugas Dewan Komisaris dalam melaksanakan proses The Board of Commissioners conducts its supervisory
pengawasan dan pemberian saran dibantu oleh Komite and advisory functions with the support of Committees
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di bawah Dewan Komisaris yaitu Komite Audit, Komite under the Board of Commissioners, namely the Audit
Nominasi dan Remunerasi, serta Komite Investasi dan Committee, the Nomination and Remuneration
Manajemen Risiko. Committee, and the Investment and Risk Management
Committee.
Komite-komite tersebut bertugas melakukan analisa These Committees are responsible for conducting
dan memberikan informasi kepada Dewan Komisaris, analyses and providing information to the Board of
agar dapat memberikan nasihat dan rekomendasi yang Commissioners to facilitate the delivery of accurate
tepat bagi Direksi dalam melaksanakan strategi. Untuk advice and recommendations to the Board of Directors
itu, Dewan Komisaris rutin mengadakan rapat bersama in executing strategies. To this end, the Board of
Komite minimal enam kali dalam setahun. Commissioners holds regular meetings with the
Committees at least six times a year.
Sepanjang tahun 2024, Dewan Komisaris telah Throughout 2024, the Board of Commissioners has
menjalankan tugas pengawasan dan pemberian actively conducted its supervisory and advisory duties
nasihat secara aktif melalui berbagai forum strategis. through various strategic forums. The Board has held
Dewan Komisaris telah melaksanakan 11 rapat 11 internal meetings, 12 joint meetings with the Board
internal, 12 rapat gabungan dengan Direksi, serta 28 of Directors, and 28 joint meetings with Committees
rapat gabungan dengan Komite dan fungsi terkait, and relevant functions to ensure that the Company’s
guna memastikan kebijakan dan strategi Perseroan policies and strategies align with the principles of good
berjalan sesuai dengan prinsip tata kelola yang baik. corporate governance.
Selain itu, Dewan Komisaris juga melakukan delapan In addition, the Board of Commissioners conducted
kali management walkthrough untuk meninjau langsung eight management walkthroughs to directly review
operasional di lapangan, serta mengikuti 10 program operational activities in the field and participated in 10
peningkatan kompetensi guna memperkuat kapasitas competency development programs to enhance its
pengawasan dan pemberian rekomendasi. supervisory capacity and provision of recommendations.
Penilaian Kinerja Komite di Bawah Committee Performance Assessment
Dewan Komisaris Under the Board of Commissioners
Dewan Komisaris melakukan penilaian kinerja Komite The Board of Commissioners assesses the performance
di Bawah Dewan Komisaris dengan mengacu pada of the Committees under the Board of Commissioners
Peraturan Menteri BUMN RI No. PER-2/MBU/03/2023 adhering to the Regulation of the SOEs Minister of the
Tentang Pedoman Tata Kelola Dan Kegiatan Korporasi Republic of Indonesia No. PER-2/MBU/03/2023 on
Signifikan BUMN, khususnya pasal 21 mengenai Manual for Governance and Significant Corporate
tanggung jawab Dewan Komisaris dalam mengelola Activities of SOEs, specifically Article 21 concerning
Komite di bawahnya, serta SEOJK No. 16/ the responsibilities of the Board of Commissioners in
SEOJK.04/2021 tentang Pedoman Tata Kelola managing the Committees under it, as well as Circular
Perusahaan Terbuka yang mengatur peran dan fungsi of the Financial Services Authority (SEOJK) No. 16/
Komite dalam mendukung kinerja Dewan Komisaris. SEOJK.04/2021 on Manual for Governance of Public
Companies which regulates the role and function of the
Committee in supporting the performance of the Board
of Commissioners.
Parameter penilaian kinerja Komite yang digunakan Parameters for Committe’s performance assessment
oleh Dewan Komisaris adalah realisasi KPI, serta applied by the Board of Commissioners include the
penerapan AKHLAK di dalam pelaksanaan tugas realization of Key Performance Indicators (KPI) and the
Komite. Selain itu, Dewan Komisaris juga menilai aspek implementation of AKHLAK values in the implementation
lain seperti tingkat kehadiran, kontribusi dalam proses of Committees' duties. Moreover, the Board also
pengawasan dan pemberian nasihat, keaktifan dalam considers other aspects, such as attendance rate,
peningkatan kompetensi, keterlibatan dalam kunjungan contributions to supervisory and advisory processes,
kerja, kepatuhan terhadap tata nilai dan Piagam Kerja active participation in competency development,
Komite, pelaksanaan penyampaian laporan kinerja, involvement in site visits, adherence to corporate values
serta pemenuhan kebijakan tata kelola perusahaan and the Committee Charter, the execution of
yang baik atau Good Corporate Governance (GCG). performance reporting, and compliance with Good
Corporate Governance (GCG) policies.
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Hasil evaluasi Komite kemudian akan menjadi bagian The evaluation results of the Committees will be
dari laporan tahunan Dewan Komisaris yang included in the Board of Commissioners' annual report,
disampaikan kepada pemegang saham dalam Rapat which is presented to shareholders at the Annual
Umum Pemegang Saham Tahunan (RUPST). Kami General Meeting of Shareholders (AGMS). We assess
menilai, seluruh Komite telah memberikan kinerja yang that all Committees have demonstrated stellar
baik dan berhasil meningkatkan efektivitas pelaksanaan performance and successfully enhanced the
tugas dan fungsi Dewan Komisaris di sepanjang tahun effectiveness of the Board of Commissioners' duties and
2024. functions throughout 2024.
Komite Audit telah menjalankan perannya secara The Audit Committee has effectively fulfilled its role in
optimal dalam mendukung Dewan Komisaris dalam supporting the Board of Commissioners in overseeing
pengawasan sistem pengendalian internal, manajemen the internal control system, risk management, and audit
risiko, serta pelaksanaan audit. Sepanjang tahun implementation. Throughout 2024, the Audit Committee
2024, Komite Audit berhasil merealisasikan Key achieved 121% of its Key Performance Indicator (KPI),
Performance Indicator (KPI) sebesar 121%, yang reflecting a strong commitment to ensuring good
mencerminkan komitmen tinggi dalam memastikan tata corporate governance.
kelola perusahaan yang baik.
Dalam rangka memastikan efektivitas fungsi To enhance the effectiveness of its supervisory function,
pengawasan, Dewan Komisaris dan Komite Audit telah the Board of Commissioners and the Audit Committee
melaksanakan 42 pertemuan sepanjang tahun, yang held 42 meetings throughout the year, discussing
membahas berbagai aspek strategis terkait keuangan, various strategic aspects related to the Company’s
kepatuhan, dan mitigasi risiko Perseroan. finances, compliance, and risk mitigation.
Komite Investasi dan Manajemen Risiko (KIMR) telah The Investment and Risk Management Committee
membantu Dewan Komisaris dalam menelaah informasi (KIMR) has assisted the Board of Commissioners in
keuangan terkait biaya investasi, biaya operasi, dan reviewing financial information related to investment
maintenance, termasuk mengidentifikasi dan mengelola costs, operating expenses, and maintenance, including
risiko, melalui 37 pertemuan pada tahun 2024. identifying and managing risks, through 37 meetings in
Realisasi KPI KIMR mencapai 137,8%. 2024. The realization of KPI KIMR achieved 137.8%.
Adapun Komite Nominasi dan Remunerasi telah The Nomination and Remuneration Committee has
menjalankan perannya secara optimal dalam mengulas effectively fulfilled its role in reviewing and updating
dan memperbarui kebijakan serta prosedur terkait policies and procedures related to nomination and
nominasi dan remunerasi, guna memastikan keselarasan remuneration to ensure alignment with the business
dengan strategi bisnis dan praktik tata kelola yang strategy and good corporate governance practices.
baik. Dewan Komisaris dan Komite Nominasi dan The Board of Commissioners and the Nomination and
Remunerasi telah melaksanakan 32 kali pertemuan di Remuneration Committee held 32 meetings across
sepanjang tahun 2024. 2024.
Selama menjalankan tugasnya, Komite Nominasi dan In performing its duties, the Nomination and
Remunerasi telah memberikan rekomendasi terkait Remuneration Committee has provided
nominasi dan remunerasi bagi Dewan Komisaris, recommendations on nominations and remuneration for
Direksi, serta pekerja Perseroan, dengan capaian nilai the Board of Commissioners, the Board of Directors,
KPI sebesar 138%, yang mencerminkan efektivitas dan and Company employees. The Committee achieved
kontribusi signifikan dalam proses pengelolaan Sumber 138% of its KPI, reflecting its effectiveness and
Daya Manusia (SDM) di PGE. significant contribution to human resource management
at PGE.
Pandangan atas Penerapan GCG Overview on GCG Implementation
Salah satu fungsi pengawasan Dewan Komisaris yang One of the primary supervisory functions of the Board
utama adalah mengawasi penerapan GCG di of Commissioners is overseeing the GCG implementation
Perseroan. Proses pengawasan dilakukan melalui within the Company. This supervision is conducted
berbagai cara, mulai dari rapat gabungan dengan through various means, from joint meetings with relevant
fungsi terkait, laporan berkala, hingga keterlibatan functions, periodic reports to direct involvement in
langsung di dalam sosialisasi dan edukasi. outreach and education.
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Pada tahun 2024 kami telah melaksanakan In 2024, we conducted monitoring and evaluation of
pemantauan serta evaluasi terhadap kepatuhan compliance with applicable laws and regulations,
peraturan perundang-undangan dan ketentuan yang strengthened business integrity, and the implementation
berlaku, penguatan integritas bisnis, serta penerapan of the Code of Conduct (CoC) as an integral part of the
Kode Etik atau Code Of Conduct (CoC) sebagai Company’s GCG practices.
bagian dari penerapan GCG Perseroan.
Hasilnya, Dewan Komisaris menilai penerapan GCG di As a result, the Board of Commissioners surmised that
PGE telah berjalan dengan baik, dilihat dari tidak the GCG implementation at PGE has been effectively
adanya laporan terkait pelanggaran CoC di GCG conducted, as evidenced by the absence of reported
Online System, baik yang dilakukan oleh Perseroan CoC violations in the GCG Online System, be it by the
maupun insan PGE. Selain itu, sepanjang tahun buku Company or its employees. Additionally, throughout
juga tidak terdapat perkara hukum yang berhubungan the financial year, there were no legal cases related to
dengan Perseroan, Dewan Komisaris, Direksi, maupun the Company, the Board of Commissioners, Directors or
jajaran manajemen. management.
Pada tahun 2024, PGE berhasil meraih predikat In 2024, PGE successfully earned the "Leadership in
“Leadership in Corporate Governance” dengan skor Corporate Governance" title with a score of 121.84
121,84 berdasarkan evaluasi GCG menggunakan based on the GCG evaluation using the ASEAN
parameter ASEAN Corporate Governance Scorecard Corporate Governance Scorecard (ACGS).
(ACGS).
Pencapaian ini mencerminkan komitmen PGE dalam This achievement reflects PGE's steadfast commitment
menerapkan prinsip-prinsip tata kelola perusahaan to implementing comprehensive good corporate
yang baik secara menyeluruh, yang tidak hanya governance (GCG) principles, not only by complying
memenuhi regulasi yang berlaku, namun juga with applicable regulations but also by fully adopting
sepenuhnya mengadopsi standar internasional. international standards.
Kami mengapresiasi berbagai langkah internalisasi We highly appreciate the various internalization efforts
yang dilakukan Direksi untuk memperkuat penerapan undertaken by the Board of Directors to strengthen the
GCG, mulai dari pelaksanaan kewajiban pernyataan GCG implementation, including the mandatory
komitmen kepatuhan terhadap CoC di GCG Online commitment statement to the CoC compliance through
System, hingga pengadaan sosialisasi dan pelatihan the GCG Online System, as well as the regular
GCG secara rutin. outreach and training programs on GCG.
Dewan Komisaris bahkan terlibat langsung dalam The Board of Commissioners has taken an active and
memberikan sosialisasi dan edukasi terkait penerapan direct role in disseminating and educating employees
anti-korupsi dan fasilitas pelaporan pelanggaran on the implementation of anti-corruption measures and
Whistleblowing System (WBS) kepada pekerja. Hal ini the Whistleblowing System (WBS) for reporting
menunjukkan komitmen dan keseriusan kami dalam violations. This demonstrates our strong commitment
penerapan GCG di seluruh lini Perseroan. and dedication in implementing GCG across all levels
of the Company.
Kami melihat WBS masih menjadi saluran yang paling We recognize that WBS remains the most effective
efektif untuk mencegah, mendeteksi, dan channel for preventing, detecting, and addressing
menindaklanjuti terjadinya pelanggaran etika dan ethical and legal violations involving both the Company
hukum yang melibatkan Perseroan maupun pekerja, and its employees, in addition to internal and external
selain dari proses audit internal dan eksternal. audit processes.
Pengelolaan WBS PGE dilakukan secara terpusat oleh PGE’s WBS is centrally managed by the Investigation
Fungsi Investigation Audit, WBS, dan Fraud Prevention Audit, WBS, and Fraud Prevention (IWF) Function at
(IWF) di induk perusahaan PT Pertamina (Persero). the parent company PT Pertamina (Persero). However,
Namun demikian, Dewan Komisaris melakukan the Board of Commissioners actively supervises all
pengawasan setiap laporan yang masuk melalui WBS, reports submitted through WBS, including the follow-up
berikut proses tindak lanjutnya. process.
Sepanjang tahun 2024, PGE menerima empat Throughout 2024, PGE received four complaints
pengaduan terkait dugaan pelanggaran melalui regarding alleged violations through the WBS
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mekanisme WBS. Dari jumlah tersebut, satu pengaduan mechanism. One complaint remains in the initial
masih dalam tahap analisa awal, dua pengaduan analysis stage, two have been closed after going
telah dinyatakan closed setelah melalui proses through investigation and completion processes in
investigasi dan penyelesaian yang sesuai dengan accordance with the procedure, and another is
prosedur, serta satu pengaduan lainnya sedang dalam currently being handled by the Investigation Audit,
tahap penanganan oleh Fungsi Investigation Audit, WBS & Fraud Prevention (IWF) Function of PT Pertamina
WBS & Fraud Prevention (IWF) PT Pertamina (Persero). (Persero).
Pandangan atas Penerapan Strategi Overview on Sustainability Strategy
Keberlanjutan Implementation
Dewan Komisaris memberikan apresiasi atas langkah The Board of Commissioners extended appreciation for
strategis PGE dalam menerapkan prinsip keberlanjutan, PGE’s strategic measures to implement sustainability
yang tidak hanya mendukung transisi energi principles, which not only support sustainable energy
berkelanjutan, namun juga selaras dengan visi nasional transition but also align with the national vision to
untuk mencapai kemandirian energi dan target Net achieve energy self-sufficiency and Net Zero Emissions
Zero Emission (NZE) pada tahun 2060. (NZE) by 2060.
Dengan strategi inovatif yang mencakup pengembangan With innovative strategies that encompass installed
kapasitas terpasang, diversifikasi bisnis ke sektor energi capacity development, business diversification to the
hijau seperti hidrogen dan amonia, serta optimalisasi green energy sector such as hydrogen and ammonia,
biaya melalui teknologi modern, PGE menunjukkan and cost optimization through cutting-edge technology,
komitmen nyata terhadap keberlanjutan dan PGE shows real commitment to sustainability and
pengurangan ketergantungan pada bahan bakar fosil. reducing dependence on fossil fuels.
Kami berharap inisiatif ini dapat terus diperkuat, We hope this initiative continues to be strengthened so
sehingga PGE dapat semakin berkontribusi dalam that PGE can contribute more to the decarbonization of
dekarbonisasi sektor energi, menciptakan nilai tambah the energy sector, add value to shareholders, and
bagi pemegang saham, serta memberikan dampak positively impact the environment and communities.
positif bagi lingkungan dan masyarakat.
Dewan Komisaris menilai penerapan strategi The Board of Commissioners considered that the
keberlanjutan telah berjalan dengan baik di Perseroan, sustainability strategy has been implemented properly
terutama dengan dibentuknya Sustainability Committee within the Company, primarily with the establishment of
dan Task Force Team, yang bertanggung jawab atas the Sustainability Committee and Task Force Team,
pengelolaan aspek keberlanjutan di seluruh unit bisnis. responsible for managing sustainability aspects across
Sustainability Committee yang diketuai langsung oleh all business units. The Sustainability Committee helmed
Direktur Utama, akan menjadi penentu arah directly by the President Director will be the navigator
pengelolaan keberlanjutan Perseroan. of the Company’s sustainability management.
Dewan Komisaris juga selalu memasukkan The Board of Commissioners also consistently
pertimbangan keberlanjutan saat menjalankan fungsi incorporates sustainability considerations when
pengawasan dan pemberian saran kepada Direksi, performing supervisory functions and providing advice
seperti memastikan integrasi risiko lingkungan dalam and input to the Board of Directors. This includes
rencana strategis Perseroan, hingga mengawasi ensuring the integration of environmental risks in the
implementasi teknologi rendah karbon dalam Company’s strategic plans and overseeing the
pelaksanaan proyek yang ramah lingkungan seperti implementation of low-carbon technology in running
hidrogen. environmentally sound projects such as hydrogen.
Dengan dukungan Komite Investasi dan Manajemen With the support of the Investment and Risk Management
Risiko, Dewan Komisaris secara aktif melakukan Committee, the Board of Commissioners actively and
komunikasi rutin dengan Direksi dan fungsi terkait regularly communicates with the Board of Directors
strategi keberlanjutan, seperti fungsi Manajemen Risiko and functions related to sustainability strategies, such
dan ESG, guna memastikan implementasi strategi as Risk Management and ESG, to ensure that strategy
berjalan efektif dan selaras dengan tujuan jangka implementation is effective and aligned with the
panjang Perseroan. Company's long-term goals.
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Fungsi pengawasan Dewan Komisaris dalam penerapan The Board of Commissioners' supervisory function in
keberlanjutan juga diperkuat oleh keterlibatan implementing sustainability is further strengthened by
Komisaris Utama/Komisaris Independen PGE, Sarman the involvement of PGE’s President Commissioner/
Simanjorang, dalam pengawasan tata kelola di tingkat Independent Commissioner, Sarman Simanjorang, in
Sub Holding melalui keanggotaannya dalam Komite overseeing governance at the Sub-Holding level
Tata Kelola Terintegrasi. through his membership in the Integrated Governance
Committee.
Bukti penerapan strategi keberlanjutan PGE yang PGE’s commitment to implementing reliable
andal terefleksi dari peringkat ESG 7.1 (Negligible sustainability strategies is reflected in its ESG rating of
Risk) dari Morningstar Sustainalytics, yang lebih baik 7.1 (Negligible Risk) from Morningstar Sustainalytics.
dibandingkan tahun sebelumnya 8.4 (Negligible Risk). This score is an improvement from the previous year's
Penilaian tersebut menjadikan PGE sebagai perusahaan 8.4 (Negligible Risk), making PGE a company with the
dengan risiko ESG terendah (nomor satu) di sektor lowest ESG risks (rank first) in the utilities sector and
utilitas (utilities) dan sub-sektor energi terbarukan. renewable energy sub-sector.
Perolehan skor risiko yang sangat rendah dan bahkan With such a low risk score and Negligible Risk title,
dapat diabaikan (Negligible Risk) tersebut, menjadikan PGE has become the only Indonesian company in
PGE sebagai satu-satunya perusahaan Indonesia yang Sustainalytics' global Top 50 ESG list and achieved the
masuk dalam daftar Top 50 ESG global versi distinction of the Region Top Rated and Industry Top
Sustainalytics, dan meraih predikat Region Top Rated Rated in the 2025 ESG Top-Rated Company list.
dan Industry Top Rated dalam daftar 2025 ESG Top-
Rated Company.
Pandangan atas Prospek Usaha Overview on Business Outlook
yang Disusun Direksi Formulated by the Board of
Directors
Kami melihat kondisi global masih akan menantang di We recognize that the global situation will remain
tengah gejolak geopolitik yang semakin intens. challenging amidst escalating geopolitical turmoil.
Perubahan hubungan antarnegara, persaingan Changes in relations between countries, competition
kekuatan besar, serta ancaman dari kelompok ekstremis among great powers, as well as threats from extremist
dan konflik regional, berpotensi memberi dampak groups and regional conflicts may impact global
pada stabilitas politik dan ekonomi dunia. political and economic stability.
Dari dalam negeri, kami cukup yakin akan proyeksi At home, we are quite certain of Indonesia’s economic
pertumbuhan ekonomi Indonesia, meskipun melambat growth outlook despite a slight slowdown in 2024 at
pada tahun 2024 di posisi 5,03% (2023: 5,05%). 5.03% (2023: 5.05%). Indonesia’s economic growth
Pertumbuhan ekonomi Indonesia terbukti tangguh di has been proven to remain strong at a 5% level
level 5% dalam satu dekade terakhir, jauh di atas rata- throughout the past decade, far above the average
rata pertumbuhan ekonomi global yang hanya sebesar global economic growth of only 2.6%.
2,6%.
Organisation for Economic Co-Operation and The Organisation for Economic Co-Operation and
Development (OECD) dalam OECD Economic Survey Development (OECD) in the OECD Economic Survey of
of Indonesia 2024 memproyeksikan pertumbuhan Indonesia 2024 revealed that Indonesia’s economic
ekonomi Indonesia akan mencapai 5,2% pada tahun growth outlook would reach 5.2% in 2025, driven by
2025, didorong oleh kehati-hatian kebijakan fiskal dan prudent fiscal and monetary policies.
moneter.
Proyeksi tersebut sama dengan asumsi Pemerintah Such an outlook is the same as the Government’s
dalam Anggaran dan Pendapatan Belanja Negara outlined in the 2025 State Budget draft. The
(APBN) 2025. Adapun International Monetary Fund International Monetary Fund (IMF) in its October 2024
(IMF) dalam World Economic Outlook edisi Oktober edition of the World Economic Outlook revealed that
2024 memprediksikan pertumbuhan ekonomi Indonesia Indonesia’s economic growth is projected at 5.1%.
sebesar 5,1%.
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Arah kebijakan Pemerintah Indonesia untuk The Indonesian Government policy direction for energy
swasembada energi, akan memperbesar peluang EBT, self-sufficiency will boost opportunities for NRE,
khususnya panas bumi. Kami memberikan pandangan ultimately geothermal. We take positive views of the
positif terhadap prospek usaha yang telah disusun business outlook prepared by the Board of Directors,
Direksi, yang menekankan keselarasan antara strategi which emphasizes the alignment between the
perusahaan dan visi keberlanjutan Pemerintah akan Company's strategy and the Government's sustainability
swasembada energi nasional. vision of national energy self-sufficiency.
Dewan Komisaris menilai, strategi pertumbuhan yang The Board of Commissioners considers that the growth
dirancang oleh Direksi telah mencerminkan visi jangka strategy designed by the Board of Directors reflects the
panjang Perseroan dalam memperkuat posisi sebagai Company's long-term vision in strengthening its position
pemimpin industri panas bumi. as a leader in the geothermal industry.
Dengan potensi cadangan panas bumi hingga 3 GW With potential geothermal reserves of up to 3 GW
di seluruh Wilayah Kuasa Pengusahaan (WKP), PGE across the Concession Area (WKP), PGE has strategic
memiliki aset strategis yang dapat dioptimalkan melalui assets that can be optimized through planned capacity
ekspansi kapasitas terencana yang akan menjadi expansion that will serve as a major catalyst in driving
katalis utama dalam mendorong pertumbuhan kinerja the Company's sustainable growth.
Perseroan yang berkelanjutan.
Dewan Komisaris mendukung penuh rencana kerja The Board of Commissioners fully supports the Board of
Direksi, termasuk kerja sama dengan pemangku Directors' work plan, including cooperation with
kepentingan terkait yang dapat menggerakkan industri relevant stakeholders that can drive the national
panas bumi nasional. Bentuk dukungan yang kami geothermal industry. Our support includes helping to
berikan antara lain dengan membantu membuka akses open access to policy authorities related to energy
kepada pemegang otoritas kebijakan terkait management in the country.
pengelolaan energi di Indonesia.
Di tengah kondisi global yang penuh ketidakpastian, Amidst uncertain global situations, the Board of
Dewan Komisaris akan terus memberikan arahan Commissioners will continue to provide direction to the
kepada Direksi untuk memperkuat pengelolaan risiko, Board of Directors to strengthen risk management,
khususnya terhadap fluktuasi nilai tukar mata uang primarily against foreign exchange rate fluctuations
asing yang dapat memengaruhi beban biaya that can affect the Company's cost burden, as well as
Perseroan, serta fluktuasi harga jual listrik yang dapat fluctuations in electricity selling prices that can affect
berpengaruh kepada Pendapatan Perseroan. the Company's revenue.
Selain itu, kami juga akan tetap mewaspadai We will also keep a watchful eye on the development
perkembangan konflik geopolitik, praktik perang of geopolitical conflicts, trade war practices amongst
dagang antara negara maju, serta dampak keluarnya developed countries, and the impact of the US
AS dari Paris Agreement. Sebab, langkah AS tersebut withdrawal from the Paris Agreement. This is because
berpotensi memengaruhi komitmen negara maju the US move has the potential to affect other developed
lainnya terkait perubahan iklim, mengingat AS adalah countries' commitments related to climate change,
pemimpin dari G7 atau organisasi tujuh negara dengan considering that the US is the leader of the G7, the
ekonomi maju terbesar di dunia. organization of seven countries with the largest
economies in the world.
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Perubahan Komposisi Dewan Changes in the Composition of the
Komisaris Board of Commissioners
Pada tahun 2024 terdapat perubahan susunan Dewan In 2024, there was a change in the composition of the
Komisaris sebagai berikut: Board of Commissioners as follows:
Berdasarkan keputusan Rapat Umum Pemegang Saham Based on the resolution of the Annual General Meeting
Tahunan (RUPST) tanggal 28 Mei 2024 of Shareholders (AGMS) dated 28 May 2024
• Memberhentikan dengan hormat Sujit S. Parhar • Honorably discharged Sujit S. Parhar from his
dari jabatannya sebagai Komisaris Independen position as Independent Commissioner and Dannif
dan Dannif Danusaputro dari jabatannya sebagai Danusaputro from his position as Commissioner.
Komisaris.
• Appointed Abdulla Zayed as Independent
• Mengangkat Abdulla Zayed sebagai Komisaris Commissioner and John Anis as Commissioner.
Independen dan John Anis sebagai Komisaris.
Berdasarkan keputusan Rapat Umum Pemegang Saham Based on the resolution of the Extraordinary General
Luar Biasa (RUPSLB) tanggal 31 Juli 2024 Meeting of Shareholders (EGMS) dated 31 July 2024
• Memberhentikan dengan hormat Harris dari • Honorably discharged Harris from his position as
jabatannya sebagai Komisaris. Commissioner.
• Mengangkat Abdul Musawir Yahya sebagai • Appointed Abdul Musawir Yahya as Independent
Komisaris Independen dan Gigih Udi Atmo Commissioner and Gigih Udi Atmo as
sebagai Komisaris. Commissioner.
Kami mengucapkan terima kasih dan apresiasi atas We express our gratitude and appreciation for the
kontribusi dan dedikasi Sujit S. Parhar, Dannif contributions and dedication of Sujit S. Parhar, Dannif
Danusaputro, dan Harris selama menjabat sebagai Danusaputro, and Harris during their tenure as members
anggota Dewan Komisaris PGE, serta selamat bertugas of PGE's Board of Commissioners, and congratulations
bagi Abdulla Zayed, John Anis, Abdul Musawir Yahya, to Abdulla Zayed, John Anis, Abdul Musawir Yahya,
dan Gigih Udi Atmo. and Gigih Udi Atmo.
Dengan demikian, susunan Dewan Komisaris PGE per Thus, the composition of PGE’s Board of Commissioners
31 Desember 2024 adalah sebagai berikut: as of 31 December 2024 is as follows:
Komisaris Utama/ : Sarman Simanjorang President Commissioner/ : Sarman Simanjorang
Komisaris Independen Independent Commissioner
Komisaris Independen : Abdulla Zayed Independent Commissioner : Abdulla Zayed
Komisaris Independen : Abdul Musawir Yahya Independent Commissioner : Abdul Musawir Yahya
Komisaris : John Anis Commissioner : John Anis
Komisaris : Gigih Udi Atmo Commissioner : Gigih Udi Atmo
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Penutup Closing
Dewan Komisaris menyampaikan apresiasi kepada The Board of Commissioners extends its appreciation to
Direksi, manajemen dan seluruh pekerja PGE atas the Board of Directors, management, and all employees
komitmennya dalam mendukung kinerja Perseroan di of PGE for their never-ending commitment to supporting
sepanjang tahun 2024. Kami juga menyampaikan the Company’s performance throughout 2024. We
terima kasih kepada seluruh pemangku kepentingan would also like to thank all stakeholders for their
atas sinergi dan dukungannya kepada PGE. synergy and tremendous support to PGE.
Ditunjang oleh cadangan panas bumi Indonesia dan We are of the opinion that PGE’s prospects will be
potensi kapasitas terpasang PGE yang sangat besar, bright and are ready to support the Government’s
serta dukungan penuh dari Pemerintah, kami yakin program to achieve national energy self-sufficiency and
prospek PGE akan sangat cemerlang dan siap resilience, driven by Indonesia’s geothermal reserves
mendukung program Pemerintah dalam swasembada and the huge potential of PGE’s installed capacity.
dan ketahanan energi nasional.
Jakarta, 24 April 2025
Atas Nama Dewan Komisaris,
On Behalf of the Board of Commissioners,
Sarman Simanjorang*
Komisaris Utama/Komisaris Independen
President Commissioner/Independent Commissioner
*Periode jabatan Sarman Simanjorang sebagai Komisaris Utama/Komisaris Independen berakhir pada tanggal 24 Februari
2025. Laporan Dewan Komisaris ini merupakan laporan tanggung jawab Dewan Komisaris atas kinerja Perseroan periode 1
Januari sampai dengan 31 Desember 2024.
*The term of office of Sarman Simanjorang as President Commissioner/Independent Commissioner ended on 24 February 2025.
This Board of Commissioners' Report is the Board of Commissioners' responsibility report on the Company's performance for the
period of 1 January to 31 December 2024.
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BOC
PHOTO
GROUP
Abdul Musawir Yahya Gigih Udi Atmo Sarman Simanjorang John Anis Abdulla Zayed
Komisaris Independen Komisaris Komisaris Utama/ Komisaris Komisaris Independen
Independent Commissioner Commissioner Komisaris Independen Commissioner Independent Commissioner
President Commissioner/
Independent Commissioner
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LAPORAN
DIREKSI
REPORT OF
THE BOARD OF DIRECTORS
68 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Julfi Hadi
Direktur Utama
President Director
Sebagai pengelola panas bumi terbesar di Indonesia, PT Pertamina Geothermal
Energy Tbk (PGE) telah menjalankan strategi yang dapat menghasilkan kinerja
kuat, serta mendukung visi misi Pemerintah akan swasembada dan ketahanan
energi nasional.
PT Pertamina Geothermal Energy Tbk (PGE), the largest geothermal operator in
Indonesia, has pursued a strategy that delivers robust performance and supports the
Government's vision and mission in achieving national energy self-sufficiency and security.
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Pada tahun 2024, PGE berhasil menangkap peluang- In 2024, PGE successfully captured strategic
peluang strategis yang dapat memperkuat kinerja opportunities that could bolster the Company’s long-
jangka panjang Perseroan. Salah satu pencapaian term performance. One of the key achievements was
utama adalah hasil identifikasi potensi cadangan the identification of potential geothermal reserves of up
panas bumi hingga 3 gigawatt (GW) di seluruh to 3 gigawatts (GW) across the Company’s Concession
Wilayah Kuasa Pengusahaan (WKP) yang dikelola Areas (WKP).
Perseroan.
Potensi ini telah diverifikasi oleh konsultan independen This potential has been verified by independent
William (Bill) Cumming dan PT LAPI ITB, menegaskan consultants William (Bill) Cumming and PT LAPI ITB,
validitas serta prospek pengembangan sumber daya confirming the validity and development prospects of
energi bersih tersebut. Cadangan panas bumi ini tidak these clean energy resources. These geothermal
hanya memperkuat posisi PGE sebagai pemimpin reserves not only strengthen PGE’s position as a
industri geotermal, namun juga berperan penting geothermal industry leader, but also play an important
dalam mendukung ketahanan energi nasional serta role in driving national energy security and sustainable
transisi menuju energi berkelanjutan. energy transition.
Komitmen Pemerintah untuk mencapai swasembada The Government’s unwavering commitment to achieving
dan ketahanan energi melalui peningkatan proporsi energy self-sufficiency and security through increased
Energi Baru Terbarukan (EBT), termasuk panas bumi, proportion of new and renewable energy (NRE),
juga memberikan momentum positif bagi PGE dan including geothermal, also provides positive momentum
industri panas bumi secara keseluruhan. for PGE and the geothermal industry as a whole.
Kebijakan ini tidak hanya berpotensi memperkuat This policy not only unlocks the potential to strengthen
kinerja PGE dengan membuka peluang ekspansi PGE’s performance by opening up opportunities for
kapasitas terpasang, namun juga menjadi katalisator expansion of installed capacity, but also serve as a
bagi percepatan pertumbuhan industri panas bumi catalyst for accelerated growth of the geothermal
yang dalam satu dekade terakhir mengalami industry, which has experienced relatively slow
perkembangan yang relatif lambat. Dengan dukungan development in the past decade. With the right
regulasi yang tepat, PGE siap memanfaatkan peluang regulatory support, PGE is ready to make the most of
yang ada untuk mempercepat pengembangan proyek- this opportunity to accelerate the development of
proyek panas bumi. geothermal projects.
Arah kebijakan Pemerintah yang menargetkan transisi The Government’s policy direction targeting sustainable
energi berkelanjutan tersebut telah sejalan dengan energy transition aligns with PGE’s long-term strategy in
strategi jangka panjang PGE dalam mengoptimalkan optimizing the national geothermal potential. This
potensi panas bumi nasional, yang mencakup ekspansi strategy includes expansion of installed capacity
kapasitas terpasang melalui pertumbuhan organik, through organic growth, increased commercialization
peningkatan komersialisasi geotermal dengan of geothermal by encouraging local capacity and
mendorong kapasitas lokal dan produksi dalam negeri, domestic production, and diversification of geothermal
serta diversifikasi pemanfaatan panas bumi di luar leverage outside the electricity sector.
sektor kelistrikan.
Melalui pendekatan tersebut, PGE tidak hanya With this approach, PGE not only strengthens its role in
memperkuat perannya dalam mendukung swasembada driving national energy self-sufficiency and security, but
dan ketahanan energi nasional, namun juga also contributes to economic growth and increased
berkontribusi pada pertumbuhan ekonomi dan Gross Domestic Product (GDP).
peningkatan Gross Domestic Product (GDP).
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Tinjauan Perekonomian dan Industri Economic and Industrial Overview
Konflik geopolitik yang semakin kompleks, dampak Increasingly complex geopolitical conflicts, climate
perubahan iklim, serta Pemilihan Umum (Pemilu) di change impact, and general elections in many countries
banyak negara adalah beberapa faktor yang mewarnai are some of the factors that made global headlines in
kondisi global pada tahun 2024. Pergantian tampuk 2024. Transition of leadership in several countries
kepemimpinan di beberapa negara (termasuk di (including Indonesia and the United States) has brought
Indonesia dan Amerika Serikat), membawa perubahan about changes in the domestic and international
kebijakan politik dan ekonomi domestik dan political and economic landscape.
internasional.
Ketidakpastian kebijakan di Amerika Serikat (AS), Policy uncertainties in the United States, primarily
khususnya terkait penerapan tarif terhadap barang regarding the imposition of tariffs on imported goods
impor dari China, Kanada, Meksiko, dan negara Uni from China, Canada, Mexico, and European Union
Eropa, berpotensi memengaruhi supply-demand dan countries, potentially harm global supply-demand
peta perdagangan yang dapat memicu perlambatan dynamics and trade landscapes, which may lead to a
ekonomi dunia. global economic slowdown.
Untuk menopang anggaran negara dan menumbuhkan To support its national budget and boosting its
ekonomi mereka, AS juga memutuskan keluar dari Paris economy, the US also decided to withdraw from the
Agreement. Langkah negara adidaya tersebut Paris Agreement. Such a move taken by this superpower
berpotensi memengaruhi komitmen negara maju country has the potential to affect the commitments of
lainnya terkait perubahan iklim, mengingat AS adalah other developed countries to climate change, given
pemimpin dari G7 atau organisasi tujuh negara dengan that the U.S. is the leader of the G7, an intergovernmental
ekonomi maju terbesar di dunia. organization made up of seven of the world’s largest
developed economies.
Kondisi global yang penuh ketidakpastian di sepanjang Uncertain global situations throughout 2024 have
tahun 2024 menyeret harga minyak mentah dunia dragged world crude oil prices, an all-time high of
yang sempat menyentuh kisaran level tertinggi USD90 USD90 in April 2024, down to USD74.64 per barrel
pada bulan April 2024, hingga ke posisi USD74,64 at the end of 2024. The rupiah exchange rate against
per barel pada akhir tahun 2024. Nilai tukar rupiah the US dollar also fluctuated to close at Rp15,399 per
terhadap dolar AS juga berfluktuasi hingga ditutup di US dollar at the end of the year, surpassing the 2024
posisi Rp15.399 per dolar AS pada akhir tahun, State Budget (APBN) assumption of Rp15,000 per US
melewati asumsi Anggaran Pendapatan Belanja dollar.
Negara (APBN) 2024 Rp15.000 per dolar AS.
Sementara itu, Presiden RI Prabowo Subianto melalui Meanwhile, Indonesian President Prabowo Subianto
misi dan visi Pemerintah yaitu Asta Cita, menyatakan through the Government's mission and vision, Asta
fokus utamanya pada pencapaian swasembada dan Cita, stated his main focus on achieving energy self-
ketahanan energi yang salah satunya akan dicapai sufficiency and security, one of which will be achieved
melalui peningkatan proporsi EBT, dengan panas bumi through increased proportion of NRE, with geothermal
sebagai andalan. as the mainstay.
Arah kebijakan Pemerintah dalam transisi energi The Government's policy direction in sustainable energy
berkelanjutan tersebut, sejalan dengan visi PGE untuk transition aligns with PGE's vision to become a world-
menjadi perusahaan energi hijau berkelas dunia class green energy company with the largest
dengan kapasitas geotermal terbesar secara global. geothermal capacity globally. With potential
Dengan potensi cadangan panas bumi yang mencapai geothermal reserves reaching 3 GW in all working
3 GW di seluruh wilayah kerja, PGE optimis dapat areas, PGE is upbeat that it can contribute significantly
berkontribusi signifikan dalam mendukung rencana in supporting the national energy self-sufficiency plan
swasembada energi nasional serta memperkuat and strengthening energy security towards Net Zero
ketahanan energi menuju Net Zero Emission (NZE) Emissions (NZE) by 2060.
pada tahun 2060.
Optimisme PGE didukung oleh posisi Indonesia sebagai This optimism is supported by Indonesia's position as a
negara dengan cadangan geotermal terbesar kedua country with the second largest geothermal reserves in
di dunia setelah Amerika Serikat, dengan 362 titik the world behind the United States, with
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potensi panas bumi yang berkapasitas hingga 362 geothermal potential points with a capacity of up
23,6 GW. Hal ini membuka peluang besar bagi PGE to 23.6 GW. This opens up vast opportunities for PGE
untuk terus menjadi yang terdepan dalam to continue to be at the forefront of developing the
mengembangkan pemanfaatan energi panas bumi. leverage of geothermal energy.
Berdasarkan data Kementerian Energi dan Sumber Data from the Ministry of Energy and Mineral Resources
Daya Mineral (ESDM), dalam satu dekade terakhir (ESDM) revealed that in the past decade (2014-2024),
(2014–2024), kapasitas terpasang Pembangkit Listrik the installed capacity of geothermal power plants
Tenaga Panas Bumi (PLTP) di Indonesia telah bertambah (PLTP) in Indonesia has increased by 1.2 GW. Thus, the
sebesar 1,2 GW. Dengan demikian, total kapasitas total installed capacity of geothermal currently reaches
terpasang panas bumi saat ini mencapai 2,6 GW, atau 2.6 GW, or about 11% of the total national geothermal
sekitar 11% dari total potensi panas bumi nasional potential of 23.6 GW.
yang mencapai 23,6 GW.
Tambahan kapasitas tersebut mampu memberikan The additional capacity is able to provide electricity for
tenaga listrik bagi 1,3 juta rumah serta mengurangi 1.3 million houses and reduce greenhouse gas (GHG)
emisi Gas Rumah Kaca (GRK) sebesar 17,4 juta ton emissions by 17.4 million tons of CO2 per year. Until
CO2 per tahun. Hingga akhir tahun 2024 kontribusi the end of 2024, the contribution of electricity
listrik yang dihasilkan dari panas bumi telah mencapai generated from geothermal has reached 5.3% of the
5,3% dari total bauran energi nasional, atau sekitar total national energy mix, or around 40% of the NRE
40% dari bauran EBT. mix.
Kinerja Tahun 2024 - Perbandingan Performance in 2024 - Comparison
antara Target dan Hasil yang between Target and Achieved
Dicapai Results
Pada tahun 2024, PGE mencatatkan kinerja In 2024, PGE recorded stellar operational performance
operasional yang solid dengan mencapai produksi uap with the achievement of an all-time high steam and
dan listrik tertinggi sepanjang sejarah perusahaan (all- electricity production in the Company's history. Total
time high). Total produksi dari operasi sendiri (own production from own operations reached 4,827.22
operations) mencapai 4.827,22 GWh, melampaui GWh, surpassing the 2024 Work Plan and Budget
target Rencana Kerja dan Anggaran Perusahaan (RKAP) target of 4,612 GWh or 4.7% higher than
(RKAP) 2024 sebesar 4.612 GWh atau 4,7% lebih planned. PGE's total production also rose by 1.9%
tinggi dari yang direncanakan. Dibandingkan dengan from 4,734.57 GWh compared to 2023.
tahun 2023, total produksi PGE juga mengalami
peningkatan sebesar 1,9% dari 4.734,57 GWh.
Kenaikan produksi didorong oleh percepatan jumlah The hike in production was driven by an accelerated
hari pemeliharaan atau maintenance yang number of maintenance days which shortened shut
memperpendek shut down days, pemboran sumur down days, make-up well drilling to increase production,
tambahan (make up well drilling) untuk meningkatkan accelerated make-up well interconnection which
produksi, percepatan interkoneksi sumur (make-up well allowed steam to be delivered to each power plant
interconnection) yang membuat uap dapat dialirkan ke more efficiently, and optimized asset performance.
masing-masing pembangkit dengan lebih efisien, serta
optimalisasi kinerja aset.
Seluruh produksi area kerja PGE meningkat selama All PGE working area production increased during
tahun 2024, dengan kontribusi terbesar berasal dari 2024, with the largest contribution coming from the
Area Kamojang sebesar 1,784 GWh. Untuk kegiatan Kamojang Area at 1,784 GWh. As for Well Reparation
Kerja Ulang Reparasi Sumur (KURS) termasuk workover, Re-work (KURS) activities including workover, hole
hole cleaning, dan acidizing telah terealisasi sebanyak cleaning, and acidizing, four wells have been realized.
empat sumur. Adapun pelaksanaan KURS dua sumur di The implementation of KURS for two wells in the
Area Sibayak akan terealisasi setelah diperolehnya Sibayak Area will be realized once the results of the
hasil studi pemanfaatan teknologi PLTP Organic study on the utilization of modular PLTP Organic
Rankine Cycle (ORC) modular. Rankine.
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03 LAPORAN MANAJEMEN
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Peningkatan produksi turut mendorong kinerja keuangan The hike in production also boosted financial
dengan perolehan Pendapatan Usaha selama tahun performance with the acquisition of Business Income
2024 sebesar USD407,12 juta, naik dari tahun during 2024 amounting to USD407.12 million, up from
sebelumnya USD406,29 juta. Capaian Pendapatan the previous year USD406.29 million. The achievement
Usaha terealisasi 103,40% dari target RKAP. Hal ini of Operating Income was realized at 103.40% of the
didukung oleh peningkatan penjualan operasi sendiri dan RKAP target. This was driven by an increase in own
keberhasilan Perseroan dalam mengakselerasi jumlah operations sales and the Company's success in
hari maintenance. accelerating the number of maintenance days.
Sementara itu, Laba Bersih tahun 2024 tercatat Meanwhile, the 2024 Net Income was recorded at
USD160,302 juta, atau terealiasi 107,28% dari target USD160.302 million, or realized 107.28% of the
RKAP USD145,16 juta. Perolehan Laba Bersih sedikit RKAP target of USD145.16 million. Net Income slightly
menurun sebesar 5,03% dari tahun sebelumnya decreased by 5.03% from the previous year's
USD163,98 juta, dikarenakan kenaikan biaya umum USD163.98 million. This slight decrease is due to a
dan administrasi atas biaya rencana ekspansi anorganik hike in general and administrative costs for the
Perseroan. Company's inorganic expansion plan.
Selain itu, biaya operasional juga meningkat 7,04% Operating costs also rose by 7.04% year-on-year (yoy)
year on year (yoy) karena meningkatnya depresiasi due to increased depreciation of capitalized well assets
atas kapitalisasi aset sumur serta investasi sumber daya and substantial investment in human resources. The
manusia yang cukup besar. Perseroan tetap dapat Company remained able to maintain a stable bottom
menjaga kestabilan posisi bottom line melalui strategi line through appropriate hedging strategies, resulting
lindung nilai (hedging) yang tepat, sehingga dapat in a foreign exchange gain of USD15.98 juta.
memperoleh keuntungan kurs sebesar USD15,98 juta.
Perbandingan Target dan Realisasi Produksi
Comparison of Target and Production Realization
2024
Produksi Operasi Sendiri
Own Operation Production (GWh)
RKAP Realisasi I Realization
(GWh) (GWh)
PLTP (Produksi Uap)
2.227,67 2.383,57
GPP (Steam Production)
PLTP (Produksi Listrik)
2.384,16 2.443,65
GPP (Electricity Production)
Total 4.611,82 4.827,22
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Perbandingan Target dan Realisasi Kinerja Keuangan
Comparison of Target and Realization of Financial Performance
2024
Uraian
Description RKAP Realisasi I Realization
(USD Ribu | Thousand) (USD Ribu | Thousand)
Pendapatan Usaha
393.732 407.120
Operating Revenue
Beban Usaha
(198.875) (196.849)
Operating Expenses
Laba Usaha
194,857 210.271
Operating Profit
EBITDA 347.706 324.512
Laba Bersih
145.156 160.302
Net Profit
Tantangan yang Dihadapi dan Challenges Faced and Mitigation
Langkah Mitigasinya Measures
Pada tahun 2024, PGE menghadapi berbagai In 2024, PGE encountered various challenges in
tantangan dalam operasional dan pengembangan operations and business development, necessitating
bisnis yang perlu dikelola secara strategis untuk strategic management to ensure sustainable growth.
memastikan pertumbuhan yang berkelanjutan. Salah One of the key challenges is natural depletion, which
satu tantangan utama adalah deplesi alami (natural has the potential to reduce geothermal production
depletion) yang berpotensi mengurangi volume volumes, requiring mitigation strategies such as
produksi panas bumi, sehingga memerlukan strategi reservoir management optimization and make-up well
mitigasi seperti optimasi pengelolaan reservoir dan drilling.
pengeboran sumur make-up.
Dari sisi operasional, PGE menghadapi tantangan On the operational side, PGE encountered challenges
berupa pemeliharaan jangka panjang (major overhaul) in the form of major overhaul that forced the plant to
yang membuat pembangkit harus berhenti beroperasi temporarily stop operating for up to 25 days. In fact,
sementara hingga 25 hari. Padahal, ketepatan waktu the timeliness of project completion is paramount to
penyelesaian proyek adalah hal yang penting untuk avoid increased investment costs and delays in revenue
menghindari kenaikan biaya investasi serta generation.
keterlambatan perolehan pendapatan.
Dalam proses pengembangan bisnis, Perseroan In the business development process, the Company
menghadapi berbagai tantangan seperti panjangnya faces various challenges such as the lengthy project
proses perizinan proyek yang dapat berdampak pada licensing process that can impact the acceleration of
percepatan pengembangan kapasitas panas bumi, geothermal capacity development, new business
inisiatif diversifikasi bisnis baru yang memerlukan kajian diversification initiatives that require in-depth technical
teknis dan pasar yang mendalam, ekspansi anorganik and market studies, inorganic expansion that potentially
yang berpotensi membawa risiko (legal, finansial, carries risks (legal, financial, geopolitical), to
geopolitik), hingga fluktuasi nilai tukar mata uang fluctuations in foreign exchange rates and external
asing dan tingkat suku bunga pendanaan eksternal funding interest rates that can affect the Company's
yang dapat memengaruhi struktur biaya dan cost structure and profitability.
profitabilitas perusahaan.
Alokasi kapasitas PLTP dalam Rencana Usaha The allocation of PLTP capacity in the National
Penyediaan Tenaga Listrik (RUPTL) Nasional juga Electricity Supply Business Plan (RUPTL) is also crucial
menjadi faktor krusial dalam ekspansi bisnis PGE, in PGE's business expansion. This is because of the
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03 LAPORAN MANAJEMEN
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mengingat terbatasnya ruang dalam sistem kelistrikan limited space in the electricity system as a result of
akibat kondisi kelebihan pasokan (oversupply). oversupply conditions.
Perseroan telah menyiapkan berbagai langkah mitigasi The Company has initiated various mitigation measures
atas tantangan-tantangan tersebut. Seperti, melakukan to address these challenges. For example, conducting
make up well drilling dan mempercepat well make up well drilling and accelerating well
interconnection untuk menjaga volume produksi guna interconnection to maintain production volume to
memitigasi natural depletion. Kami juga melakukan mitigate natural depletion. We also optimize the
optimasi pelaksanaan major overhaul untuk implementation of major overhaul to minimize shutdown
meminimalkan waktu shutdown, sehingga volume time. Thus, production volume can be maintained in
produksi dapat terjaga sesuai komitmen Perseroan accordance with the Company's commitment to
kepada pelanggan. Agar proyek dapat berjalan sesuai customers. In order for projects to run on target, we
target, kami berupaya menerapkan manajemen proyek endeavor to implement effective and efficient project
yang efektif dan efisien. management.
Dalam upaya memastikan keberlanjutan usaha jangka In a bid to ensure long-term business sustainability, PGE
panjang, PGE secara proaktif menjalin komunikasi dan proactively communicates and partners with various
kolaborasi dengan berbagai pemangku kepentingan. stakeholders. One of the strategic steps taken was to
Salah satu langkah strategis yang dilakukan adalah propose several geothermal development projects to
mengusulkan beberapa proyek pengembangan panas be included in the list of the National Medium-Term
bumi agar masuk dalam daftar Rencana Pembangunan Development Plan (RPJMN) prepared by the National
Jangka Menengah Nasional (RPJMN) yang disusun Development Planning Agency (Bappenas).
oleh Bappenas.
Dengan masuknya proyek-proyek tersebut ke dalam With the inclusion of these projects in the RPJMN, PGE
RPJMN, PGE berpotensi memperoleh akses terhadap could potentially gain access to external funding with
pendanaan eksternal dengan skema pembiayaan yang more competitive financing schemes, including low
lebih kompetitif, termasuk suku bunga rendah. interest rates.
Sebagai bagian dari strategi percepatan As part of the strategy to expedite project development,
pengembangan proyek, PGE mengupayakan masuknya PGE is seeking the inclusion of several projects in the
beberapa proyek ke dalam daftar Proyek Strategis list of National Strategic Projects (PSN). This aims to
Nasional (PSN). Langkah ini bertujuan untuk cut the duration of the licensing process, resulting in a
memangkas durasi proses perizinan, sehingga proyek quick and efficient realization of projects. Furthermore,
dapat direalisasikan lebih cepat dan efisien. Selain itu, PGE also collaborated with the Directorate General of
PGE juga berkolaborasi dengan Direktorat Jenderal NRE and Energy Conservation and state-owned
EBTKE dan PLN dalam mengusulkan Draft RUPTL agar electricity company PLN in proposing the Draft RUPTL
dapat dimasukkan ke dalam RUPTL terbaru. to be included in the latest RUPTL.
Untuk memperkuat sinergi dalam pengembangan To strengthen synergy in geothermal development,
panas bumi, PGE juga menyusun nota kesepahaman PGE also drafted a Memorandum of Understanding
atau Memorandum of Understanding (MoU) dan (MoU) and HoA with PLN. Meanwhile, the Company
perjanjian awal (HoA) dengan PLN. Pada saat yang continues to embark on cooperation opportunities with
bersamaan, perusahaan terus menjajaki peluang kerja business partners to support business diversification,
sama dengan mitra bisnis untuk mendukung diversifikasi thereby creating a new source of sustainable growth
usaha, sehingga dapat menciptakan sumber for PGE.
pertumbuhan baru yang berkelanjutan bagi PGE.
Sebagai bagian dari strategi ekspansi anorganik, Throughout 2024, as part of its inorganic expansion
sepanjang tahun 2024 PGE terus melakukan kajian strategy, PGE continued to conduct an in-depth review
mendalam terhadap berbagai peluang akuisisi dan of various opportunities for the acquisition and
pengembangan aset panas bumi. Proses due diligence development of geothermal assets. The due diligence
dilakukan secara menyeluruh, mencakup aspek legal, process was conducted thoroughly, covering legal,
teknis, dan finansial untuk memastikan setiap keputusan technical, and financial aspects to ensure that every
diambil berdasarkan analisis yang komprehensif. decision is made based on comprehensive analysis.
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Keputusan terkait kelanjutan atau penghentian proyek Decisions regarding the continuation or discontinuation
anorganik akan sepenuhnya didasarkan pada hasil of inorganic projects will be fully based on the results
evaluasi yang objektif dan independen, dengan of an objective and independent evaluation, paying
mempertimbangkan potensi nilai tambah bagi attention to the potential added value for the Company
perusahaan serta keselarasan dengan strategi jangka as well as alignment with PGE's long-term strategy.
panjang PGE.
Tantangan Single-Offtaker dan Single-Offtaker Challenges and
Komersialisasi Commercialization
Salah satu tantangan utama yang dihadapi PGE dalam One of the key challenges facing PGE in expanding its
menambah kapasitas terpasang adalah kepastian installed capacity is securing power purchase
komitmen jual beli listrik dengan pelanggan, terutama commitments with PT Perusahaan Listrik Negara (PLN)
PT Perusahaan Listrik Negara (PLN) sebagai satu- as the single offtaker.
satunya pembeli listrik (single-offtaker).
Saat ini, PLN tengah menghadapi kondisi oversupply Currently, PLN is facing oversupply conditions due to
akibat pertumbuhan permintaan listrik yang lebih lower electricity demand growth than previously
rendah dari proyeksi sebelumnya. Kondisi ini projected. This condition has limited room for new
berdampak pada terbatasnya ruang bagi capacity development, including geothermal projects.
pengembangan kapasitas baru, termasuk proyek
panas bumi.
Untuk mengatasi tantangan tersebut, Pemerintah To address this challenge, the Government plans to
berencana memberikan stimulus bagi sektor industri provide stimulus for the industrial sector to boost
guna mendorong pertumbuhan ekonomi, yang pada economic growth, which in turn will increase nationwide
akhirnya akan meningkatkan permintaan listrik electricity demand.
nasional.
Selain itu, sejalan dengan target transisi energi, PLN In addition, aligned with the energy transition target,
juga berkomitmen untuk meningkatkan porsi EBT dalam PLN is also committed to increasing the NRE portion in
bauran energi nasional, termasuk panas bumi. the national energy mix, including geothermal. The
Pemerintah menargetkan penambahan kapasitas listrik Government is eyeing 103 GW of additional electricity
sebesar 103 GW hingga tahun 2040, dengan 75 GW capacity until 2040, with 75 GW of it coming from
berasal dari pembangkit EBT. NRE plants.
Meskipun rencana Pemerintah untuk meningkatkan EBT While the Government's plan to increase NRE in the
dalam bauran energi nasional menjadi peluang bagi national energy mix serves as an opportunity for PGE,
PGE, tantangan dalam komersialisasi proyek PLTP tetap challenges in commercializing geothermal projects still
ada. Salah satu kendala utama adalah harga jual prevail. One of the major obstacles is the selling price
listrik dari PLTP yang sering kali lebih tinggi dibandingkan of electricity from PLTP, which is often higher than PLN's
acuan harga PLN. benchmark price.
Hal ini disebabkan oleh tingginya biaya eksplorasi dan This is due to the high cost of geothermal exploration
pengembangan panas bumi yang memiliki risiko besar, and development, which carries substantial risks,
termasuk ketidakpastian dalam menemukan sumber including the uncertainty of seeking economic and
daya yang ekonomis dan berkelanjutan. Oleh karena sustainable resources. For this reason, incentive
itu, diperlukan adanya skema insentif seperti mekanisme schemes are necessary such as a more competitive
tarif yang lebih kompetitif, serta dukungan regulasi tariff mechanism, as well as regulatory support that
yang mendorong percepatan pengembangan proyek drives the accelerated development of geothermal
panas bumi agar tetap menarik secara komersial bagi projects to remain commercially attractive for PGE and
PGE dan pemangku kepentingan lainnya. other stakeholders.
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Di tengah berbagai tantangan tersebut, kami tetap Amidst these challenges, we remain optimistic that the
optimis Pemerintah akan mendukung geotermal Government will support geothermal as one of the
sebagai salah satu andalan dalam bauran energi mainstays in the national energy mix, sustained by the
nasional, ditopang oleh potensi cadangan panas bumi enormous potential of Indonesia's geothermal reserves,
Indonesia yang sangat besar, serta karakter energi as well as the nature of geothermal energy that is not
panas bumi yang tidak terpengaruh cuaca dan bersifat affected by weather and is base load power. This
base load power sehingga memungkinkan untuk enables us to produce large and stable amounts of
menghasilkan listrik dengan jumlah yang besar dan electricity.
stabil.
Secara internal, kami juga telah menjalankan berbagai Internally, we have undertaken various strategic
inisiatif strategis untuk menekan biaya eksplorasi guna initiatives to curb exploration costs for efficient and
meningkatkan efisiensi dan daya saing proyek panas competitive geothermal projects. These measures
bumi. Langkah-langkah ini mencakup optimalisasi include optimization of exploration technology,
teknologi eksplorasi, peningkatan akurasi studi improving the accuracy of geoscience studies, as well
geosains, serta penerapan metode pengeboran yang as employing more effective and economical drilling
lebih efektif dan ekonomis. methods.
Selain itu, PGE secara aktif berkomunikasi dan Similarly, PGE actively communicates and coordinates
berkoordinasi dengan berbagai pemangku with various stakeholders, including the Government,
kepentingan, termasuk Pemerintah, PLN, regulator, PLN, regulators, and potential partners, to build
serta mitra potensial, untuk membangun kerja sama cooperation that can expedite the development of the
yang dapat mempercepat pengembangan industri national geothermal industry. That way, PGE hopes to
panas bumi nasional. Melalui sinergi ini, PGE berharap create an ecosystem that is more conducive to
dapat menciptakan ekosistem yang lebih kondusif bagi investment and growth of the green energy sector in the
investasi dan pertumbuhan sektor energi hijau di country.
Indonesia.
Strategi dan Kebijakan Strategis Strategy and Strategic Policy
Pada tahun 2024, PGE menjalankan strategi jangka In 2024, PGE has consistently implemented a long-term
panjang yang berorientasi pada pertumbuhan strategy oriented towards sustainable growth and
berkelanjutan dan peningkatan nilai tambah bisnis increasing the added value of the geothermal business,
panas bumi, yaitu Geothermal Development, which includes Geothermal Development, Downstream
Downstream Industry, dan Green by Product and Industry, and Green by Product and Industrial Estate.
Industrial Estate.
Strategi Geothermal Development difokuskan untuk The Geothermal Development strategy is focused on
mempercepat penambahan kapasitas terpasang accelerating the additional installed capacity through
melalui pemanfaatan teknologi terkini serta kerja sama the leverage of cutting-edge technology and
dengan berbagai mitra strategis guna mendorong cooperation with various strategic partners to boost
pertumbuhan organik (organic growth). organic growth.
Melalui strategi Downstream Industry, PGE berupaya Through the Downstream Industry strategy, PGE seeks
meningkatkan kapasitas lokal dan produksi dalam to boost local capacity and domestic production to
negeri untuk memperkuat komersialisasi serta strengthen the commercialization and profitability of
profitabilitas bisnis geotermal. Inisiatif ini mencakup the geothermal business. This initiative includes
pengembangan rantai pasok dalam negeri dan developing the domestic supply chain and optimizing
optimalisasi pemanfaatan sumber daya panas bumi the leverage of its geothermal resources.
yang dimiliki.
Lebih lanjut, PGE juga menjalankan strategi Green by Furthermore, PGE also carries out the Green by Product
Product and Industrial Estate, yang berfokus pada and Industrial Estate strategy, focusing on the
pembangunan kawasan industri hijau mandiri serta development of an independent green industrial estate
pengembangan produk turunan panas bumi. Dengan as well as the development of geothermal derivative
pendekatan ini, PGE tidak hanya mengandalkan products. With this approach, PGE does not only rely
pendapatan dari sektor kelistrikan, tetapi juga on revenue from the electricity sector, but also expands
78 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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memperluas potensi bisnis melalui diversifikasi produk business potential through diversification of green
dan layanan berbasis energi hijau (beyond electricity). energy-based products and services (beyond electricity).
Strategi-strategi tersebut kami anggap telah selaras We surmise that such strategies adhere to the
dengan visi dan misi Pemerintah untuk swasembada Government's vision and mission for energy self-
energi dan menjaga ketahanan energi nasional, sufficiency and maintain national energy security,
khususnya dalam mendukung proses transisi energi ultimately in achieving the energy transition process
menuju NZE di tahun 2060. towards NZE by 2060.
Untuk mendorong strategi Geothermal Development, To drive the Geothermal Development strategy, PGE
PGE memprioritaskan optimalisasi penambahan prioritizes optimizing the additional installed capacity
kapasitas terpasang dari WKP panas bumi yang of its geothermal WKP. Until the end of 2024, PGE
dimiliki. Hingga akhir tahun 2024, PGE mengelola 15 manages 15 WKPs with a total capacity of 1,878
WKP dengan total kapasitas sebesar 1.878 megawatt megawatts (MW), with 673 MW from its own
(MW), dengan 673 MW dioperasikan secara mandiri operations.
(own operations).
Dengan potensi cadangan panas bumi di WKP PGE With the potential geothermal reserves in PGE's WKPs
yang mencapai 3 GW, Perseroan menargetkan reaching 3 GW, the Company aims for increasing its
peningkatan kapasitas terpasang own operations own operations installed capacity to more than 1 GW
menjadi lebih dari 1 GW pada tahun 2028. Untuk by 2028. To meet the target, PGE will expedite the
mencapai target tersebut, PGE akan mempercepat execution of projects that have entered the development-
eksekusi proyek-proyek yang telah memasuki tahap ready stage, including ones that have passed the
siap dikembangkan, termasuk proyek yang telah exploration phase.
melewati fase eksplorasi.
Salah satu strategi utama yang diterapkan adalah One of the key strategies implemented is the utilization
pemanfaatan teknologi binary (co-generation), yang of binary technology (co-generation), enabling the
memungkinkan optimalisasi sumber daya panas bumi optimization of geothermal resources by increasing the
dengan meningkatkan efisiensi pemanfaatan energi. efficiency of energy utilization.
Sebagai bagian dari upaya percepatan penambahan As part of efforts to accelerate the addition of installed
kapasitas terpasang, PGE menargetkan penyelesaian capacity, PGE is targeting the completion of several
sejumlah proyek strategis dalam beberapa tahun ke strategic projects in the next few years. One of them is
depan. Salah satunya adalah proyek Lumut Balai Unit the Lumut Balai Unit II project in South Sumatra, which
II di Sumatera Selatan yang akan menambah kapasitas will add 55 MW of capacity.
sebesar 55 MW.
Selain itu, proyek Hululais di Bengkulu juga akan In addition, the Hululais project in Bengkulu will also
memberikan kontribusi signifikan dengan tambahan provide a significant contribution with an additional
kapasitas hingga 110 MW. PGE juga berkolaborasi capacity of up to 110 MW. PGE is also partnering with
dengan PLN dalam proyek co-generation, yang akan PLN on a co-generation project, optimizing the utilization
mengoptimalkan pemanfaatan energi panas bumi dan of geothermal energy and increasing installed capacity
menambah kapasitas terpasang hingga 230 MW. to 230 MW.
Dalam mendukung pengembangan lebih lanjut, PGE PGE and PT PLN Indonesia Power (“PLN IP”) are
dan PT PLN Indonesia Power (“PLN IP”) berkomitmen committed to forming a joint venture company (JVC) to
untuk membentuk perusahaan patungan atau Joint accelerate geothermal development in Indonesia in a
Venture Company (JVC) guna mempercepat bid to support further development. As an initial phase,
pengembangan panas bumi di Indonesia. Sebagai the Consortium Agreement was signed on 18 September
langkah awal, Consortium Agreement yang menjadi 2024 - a prerequisite for the JVC formation.
prasyarat pembentukan Joint Venture Company telah
ditandatangani pada 18 September 2024.
Pembentukan JVC tersebut merupakan kelanjutan dari The JVC formation is a continuation of the signing of the
penandatanganan Joint Development Study Agreement Joint Development Study Agreement (JDSA) on 22
(JDSA) pada 22 Februari 2024. Kesepakatan ini February 2024. This agreement serves as the basis for
menjadi dasar bagi studi pengembangan pembangkit the study of the development of co-generation power
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listrik co-generation dengan total kapasitas terpasang plants with a total installed capacity of up to 230 MW.
hingga 230 MW.
Menindaklanjuti JDSA tersebut, pada 30 Mei 2024, Following up on the JDSA, on 30 May 2024, PGE and
PGE dan PLN IP menandatangani Joint Development PLN IP signed a Joint Development Agreement (JDA)
Agreement (JDA) untuk tahap awal pengembangan for the initial phase of co-generation power plant
pembangkit listrik co-generation dengan kapasitas development with a capacity of 45 MW. The project
sebesar 45 MW. Proyek ini mencakup pengembangan includes developments in the Lahendong Area and the
di Area Lahendong sebesar 15 MW dan Area Ulubelu Ulubelu Area of 15 MW and 30 MW, respectively.
sebesar 30 MW.
Sebagai bagian dari upaya ekspansi global dan As part of its global expansion efforts and achieving its
mewujudkan visi menjadi perusahaan energi hijau vision of becoming a world-class green energy
berkelas dunia, PGE terus menjajaki peluang company, PGE continues to embark on business
pengembangan bisnis di luar negeri. Salah satu development opportunities abroad. One of the strategic
langkah strategis yang telah dilakukan adalah menjalin steps taken is to collaborate with Geothermal
kerja sama dengan Geothermal Development Development Company Ltd. (GDC), a Kenyan
Company Ltd. (GDC) dan Africa Geothermal Government-owned geothermal developer, and Africa
International Ltd. (AGIL) untuk mengembangkan Geothermal International Ltd. (AGIL) to develop
potensi panas bumi di Afrika. geothermal potential in Africa.
Dalam kemitraan dengan GDC, yang merupakan In partnership with GDC, PGE has discussed a
pengembang panas bumi milik Pemerintah Kenya, PGE comprehensive cooperation scheme and support from
telah mendiskusikan skema kerja sama yang the Kenyan Government to accelerate the development
komprehensif serta dukungan dari Pemerintah Kenya of the Suswa geothermal field. Sit in Kenya's Narok
untuk mempercepat pengembangan lapangan panas volcanic region, the project is expected to strengthen
bumi Suswa. Terletak di wilayah vulkanis Narok, PGE's position in the global geothermal energy
Kenya, proyek ini diharapkan dapat memperkuat posisi industry.
PGE dalam industri energi panas bumi global.
PGE menerapkan prinsip kehati-hatian dengan As part of its global expansion strategy, PGE applies
melakukan due diligence secara menyeluruh sebelum the principle of prudence with thorough due diligence
menjalin kerja sama internasional, sebagai bagian dari before entering into international cooperation. The
strategi ekspansi global. Evaluasi dilakukan evaluation is made based on the potential of proven
berdasarkan potensi sumber daya panas bumi yang geothermal resources, the stability of energy
telah terbukti, stabilitas regulasi energi, serta adanya regulations, and the establishment of bilateral
kerja sama bilateral antar pemerintah yang dapat cooperation between governments that can support
mendukung pengembangan proyek. project development.
Selain Kenya, PGE juga tengah menjajaki peluang Apart from Kenya, PGE is also embarking on investment
investasi di negara lain yang memiliki potensi panas opportunities in other countries with large geothermal
bumi besar, seperti Turkiye, dengan mempertimbangkan potential, such as Türkiye, taking into account technical,
aspek teknis, finansial, dan geopolitik guna memastikan financial, and geopolitical aspects to ensure the
keberlanjutan serta profitabilitas proyek di masa sustainability and profitability of the project in the
mendatang. future.
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Memberikan Dampak Ekonomi Lebih Delivering Greater Economic Impact
Besar
Untuk memperkuat strategi Downstream Industry, PGE To strengthen its Downstream Industry strategy, PGE
terus mengembangkan ekosistem industri panas bumi continues to develop the national geothermal industry
nasional melalui kolaborasi dengan berbagai mitra ecosystem through collaboration with various strategic
strategis. Pada 19 September 2024, PGE partners. On 19 September 2024, PGE signed a Joint
menandatangani Joint Development Agreement (JDA) Development Agreement (JDA) with PT Elnusa Tbk and
dengan PT Elnusa Tbk dan Multifab untuk Multifab for the development and manufacturing of
pengembangan serta manufaktur komponen heat heat exchanger components in the country.
exchanger di dalam negeri.
Inisiatif tersebut merupakan tindak lanjut dari kerja The move is a follow-up to the previous cooperation,
sama sebelumnya, yakni penandatanganan Joint Study namely the signing of a Joint Study Agreement (JSA)
Agreement (JSA) dengan Pertamina Group—termasuk with Pertamina Group -including PT Elnusa Tbk, PT
PT Elnusa Tbk, PT PGAS Solution (PGASOL), dan PT PGAS Solution (PGASOL), and PT Pertamina
Pertamina Maintenance and Construction (PertaMC)— Maintenance and Construction (PertaMC)- on 27 June
pada 27 Juni 2024. 2024.
Melalui JSA ini, PGE dan mitra strategisnya melakukan Through this JSA, PGE and its strategic partners
studi bersama untuk mengembangkan portofolio bisnis conducted a joint study to develop a business portfolio
yang mencakup berbagai aspek utama industri panas that covers various key aspects of the geothermal
bumi, seperti manufaktur heat exchanger, layanan industry, such as heat exchanger manufacturing,
operasi dan pemeliharaan (operation and maintenance operation and maintenance services, cooling tower
service), manufaktur cooling tower, serta rekayasa, manufacturing, as well as engineering, procurement,
pengadaan, konstruksi, dan pembangunan jaringan construction, and pipeline construction (EPCC and
pipa (EPCC and pipeline construction). Upaya ini pipeline construction). This effort aims to boost domestic
bertujuan untuk meningkatkan kapasitas produksi production capacity, curb import dependence, and
dalam negeri, mengurangi ketergantungan impor, serta strengthen the competitiveness of the national
memperkuat daya saing industri panas bumi nasional geothermal industry in the global arena.
di kancah global.
Dalam mendorong strategi Green by Product and To promote the Green by Product and Industrial Estate
Industrial Estate, PGE terus menjalankan agenda besar strategy, PGE continues to conduct a major agenda to
untuk mendorong komersialisasi bisnis geotermal. Oleh push for the commercialization of the geothermal
karena itu, kami menerapkan teknologi terkini guna business. To that end, we apply cutting-edge technology
meningkatkan potensi pemanfaatan panas bumi dalam to boost the potential of geothermal utilization in other
bentuk lain, dan membuka potensi sumber pendapatan forms, and open up potential new sources of income
baru di luar kelistrikan (beyond electricity) yang dapat beyond electricity that can bring greater economic
memberikan dampak ekonomi lebih besar kepada impact to the Company, community and state.
Perseroan, masyarakat dan negara.
Beberapa upaya yang kami lakukan antara lain, Some efforts that we made include the green hydrogen
inisiatif proyek hidrogen hijau (green hydrogen) di PGE project initiative at PGE Ulubelu Area with the signing
Area Ulubelu, melalui penandatanganan MoU dengan of an MoU with PT Pertamina Power Indonesia
PT Pertamina Power Indonesia (Pertamina NRE) dan (Pertamina NRE) and Genvia, a French company on 27
Genvia, perusahaan asal Perancis pada 27 September September 2024, through the development of Solid
2024, dengan mengembangkan teknologi Solid Oxide Oxide Electrolyzer (SOEL) technology, which can
Electrolyzer (SOEL), yang mampu mengurangi reduce the use of electricity in the hydrogen production
penggunaan listrik dalam proses produksi hidrogen process by 30%.
hingga 30%.
PGE, bersama Pertamina NRE, dan Genvia melakukan PGE, together with Pertamina NRE, and Genvia
studi bersama terkait pengembangan green hydrogen conducted a joint study on the development of green
dengan memadukan teknologi SOEL dari Genvia dan hydrogen by combining Genvia's SOEL technology and
PLTP Combined Heat and Power (CHP) yang dimiliki PGE's Combined Heat and Power (CHP) plant.
oleh PGE.
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Selain itu, sebagai bagian dari komitmen terhadap Besides that, as part of its commitment to sustainability
keberlanjutan dan dekarbonisasi, PGE telah berperan and decarbonization, PGE has played an active role in
aktif dalam pasar kredit karbon internasional, the international carbon credits market, particularly in
khususnya di Eropa, serta di Bursa Karbon Indonesia Europe, as well as in the Indonesian Carbon Exchange
(IDXCarbon). Keberhasilan ini didukung oleh perolehan (IDXCarbon). This success was supported by the
Certified Emission Reduction (CER) dari proyek Clean acquisition of Certified Emission Reduction (CER) from
Development Mechanism (CDM), termasuk Area the Clean Development Mechanism (CDM) project,
Ulubelu Unit 3 dan 4 serta Karaha Unit 1 untuk including Ulubelu Units 3 and 4 and Karaha Unit 1 for
penjualan di pasar Eropa, serta Lahendong Unit 5 dan sales in the European market, and Lahendong Units 5
6 yang diperdagangkan melalui IDXCarbon. and 6 traded through IDXCarbon.
Hingga akhir tahun 2024, PGE telah berhasil menjual By the end of 2024, PGE sold a total of 1,549,663
total kredit karbon sebesar 1.549.663 ton CO2eq dari tons CO2eq of carbon credits from Ulubelu Units 3 and
Area Ulubelu Unit 3 dan 4, 192.809 ton CO2eq dari 4, 192,809 tons CO2eq from Karaha Unit 1, and
Area Karaha Unit 1, serta 863.295 ton CO2eq dari 863,295 tons CO2eq from Lahendong Units 5 and 6.
Area Lahendong Unit 5 dan 6. Agar dapat semakin To further optimize its contribution to climate change
mengoptimalkan kontribusi dalam mitigasi perubahan mitigation, PGE is currently expediting the process of
iklim, PGE kini tengah mempercepat proses perolehan acquiring CERs from other CDM projects.
CER dari proyek CDM lainnya.
Menerapkan Strategi Keuangan Implementing a Reliable Financial
yang Andal Strategy
Berbagai rencana pengembangan dan ekspansi The Company's various development and expansion
Perseroan tentu memerlukan pendanaan yang tidak plans require substantial funding. The Company
sedikit. Perseroan mengutamakan penggunaan kas prioritizes the use of internal cash to support organic
internal untuk mendukung program ekspansi organik, expansion programs, and only seeks external funding
dan baru mencari sumber pendanaan eksternal apabila sources should internal funds be insufficient.
dana internal tidak mencukupi. Hingga akhir Until the end of 2024, the Company has cash of
tahun 2024, Perseroan memiliki kas sebesar USD655,191 ribu.
USD655.191 ribu.
Langkah tersebut membuat PGE memiliki tingkat biaya This has resulted in PGE having a low cost of debt at
utang atau cost of debt yang rendah di 3,5% per tahun, 3.5% per annum, reflecting the efficiency of its financing
mencerminkan efisiensi dari pengelolaan pembiayaan. management. In determining the financing strategy, the
Dalam menentukan strategi pembiayaan, Perseroan Company will pay attention to several factors such as
akan memperhatikan beberapa faktor seperti cash availability and the Internal Rate of Return (IRR)
ketersedian kas dan tingkat Internal Rate of Return (IRR) level to be achieved, as well as the availability of
yang ingin dicapai, serta ketersediaan sumber efficient funding sources.
pendanaan yang efisien.
PGE terus berkomitmen menjaga kesehatan keuangan PGE continues to be committed to maintaining financial
dengan menerapkan strategi pengelolaan biaya yang health by implementing effective and efficient cost
efektif dan efisien. Upaya ini dilakukan melalui management strategies. This is conducted through more
manajemen pengeboran yang lebih terukur untuk measured drilling management to improve exploration
meningkatkan efisiensi biaya eksplorasi dan produksi, and production cost efficiency, as well as optimize
serta optimalisasi jadwal pemeliharaan (maintenance) maintenance schedules to reduce downtime.
guna meminimalkan waktu henti operasi. Selain itu, Additionally, PGE also focuses on controlling overall
PGE juga berfokus pada pengendalian biaya operating costs to remain competitive, maintaining a
operasional secara keseluruhan agar tetap kompetitif, healthy cost of debt, and ensuring long-term business
menjaga cost of debt yang sehat, serta memastikan sustainability.
keberlanjutan bisnis dalam jangka panjang.
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Peran Direksi dalam Perumusan Role of the Board of Directors in
Strategi dan Kebijakan Strategis Formulating Strategy and Strategic
Policy
Direksi bersama manajemen menyusun strategi dan The Board of Directors and the management formulate
kebijakan strategis melalui Rencana Kerja dan strategy and strategic policy encapsulated in the
Anggaran Perusahaan (RKAP) dan Rencana Jangka Company's Work Plan and Budget (RKAP) and the
Panjang Perusahaan (RJPP). Penyusunan RKAP dan Company's Long-Term Plan (RJPP). Drafting the RKAP
RJPP mempertimbangkan sejumlah faktor dan asumsi and RJPP considers a number of factors and assumptions
yang disesuaikan dengan tujuan Perseroan, serta tailored to the Company's objectives, as well as
kondisi eksternal seperti ekonomi makro dan industri. external conditions such as the macro economy and
industry.
Langkah pertama yang dilakukan Direksi dalam proses The first step the Board of Directors take in the process
perumusan strategi dan kebijakan strategis adalah of formulating strategy and strategic policies is to map
memetakan tantangan dan peluang Perseroan. Dengan the Company's challenges and opportunities. That
demikian, kami dapat menetapkan upaya mitigasi way, we can determine risk mitigation efforts and
risiko dan inisiatif-inisiatif yang tepat untuk meraih appropriate initiatives to seize opportunities.
peluang.
Dalam proses perumusan strategi, kami akan In the strategy formulation process, we will communicate
berkomunikasi dan meminta masukan serta arahan dari and ask for input and direction from the Board of
Dewan Komisaris yang akan mengawasi jalannya Commissioners who will oversee the implementation of
penerapan strategi dan kebijakan strategis di sepanjang strategy and strategic policies throughout the year,
tahun, termasuk dalam hal penerapan prinsip tata including implementing governance and sustainability
kelola dan keberlanjutan. Proses koordinasi dilakukan principles. The coordination process is conducted
melalui rapat gabungan dengan Dewan Komisaris through joint meetings with the Board of Commissioners
minimal satu kali sebulan. at least once a month.
Peran Direksi dalam Proses Role of the Board of Directors in the
Pelaksanaan Strategi dan Kebijakan Process of Implementing Strategic
Strategis Strategies and Policies
Direksi berperan aktif dalam pelaksanaan strategi dan The Board of Directors plays a crucial role in the
kebijakan strategis dengan cara memberikan implementation of strategy and strategic policy by
pengarahan dan koordinasi langsung kepada level providing direct direction and coordination to the
pelaksana melalui rapat rutin dengan fungsi atau implementing level through regular meetings with the
penanggung jawab unit kerja terkait. functions or persons in charge of the related work units.
Selain itu, kami dapat meninjau lokasi kerja untuk In addition, we can inspect the work site to see firsthand
melihat penerapan strategi dan kebijakan strategis the implementation of strategy and strategic policy
secara langsung (management walkthrough), meminta (management walkthrough), request work reports from
laporan kerja dari unit terkait, serta memeriksa related units, and check the effective implementation
efektivitas pelaksanaan melalui hasil audit internal dan through internal and external audit results.
eksternal.
Direksi memiliki posisi sebagai pengambil keputusan The Board of Directors’ position serves as a strategic
strategis, khususnya terkait beberapa hal yang decision maker, especially regarding several matters
membutuhkan jenjang pengambilan keputusan tertinggi that require the highest decision-making level such as
seperti pengambilan keputusan pada aspek one on aspects of business development, marketing
pengembangan bisnis, pemasaran dan penjualan, and sales, risk management, and corporate governance.
manajemen risiko, dan tata kelola perusahaan.
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Untuk memonitor penerapan strategi dan kebijakan To monitor the implementation of strategy and strategic
strategis, setiap tahun unit kerja dan departemen akan policy, the work units and departments will report the
melaporkan pencapaian Key Performance Indicators achievement of Key Performance Indicators (KPI) to the
(KPI) kepada Direksi, sebagai realisasi pencapaian Board of Directors on an annual basis, as a realization
target kinerja dari penerapan strategi dan kebijakan of the achievement of performance targets from its
strategis yang telah dibuat. implementation.
Laporan pencapaian KPI akan digunakan untuk The KPI achievement report will be used to make
melakukan perbaikan dan penyesuaian yang necessary improvements and adjustments. The
diperlukan. Proses monitoring dan evaluasi juga monitoring and evaluation process is also conducted
dilakukan melalui proses audit, baik internal maupun through the audit process, both internal and external,
eksternal, yang dilaporkan secara langsung kepada which is reported directly to the Board of Directors.
Direksi.
Penerapan Tata Kelola Perusahaan Implementation of Good Corporate
Governance
Bagi PGE, penerapan Tata Kelola Perusahaan yang For PGE, the implementation of Good Corporate
baik atau Good Corporate Governance (GCG) bukan Governance (GCG) is not just compliance with
sekadar kepatuhan terhadap regulasi, tetapi regulations, but serves as the main foundation in
merupakan fondasi utama dalam menjalankan bisnis running a sustainable business. The five main principles
secara berkelanjutan. Lima prinsip utama GCG— of GCG—transparency, accountability, responsibility,
transparansi, akuntabilitas, pertanggungjawaban, independence, and fairness—have been integrated into
independensi, dan kewajaran—telah terintegrasi dalam all aspects of operations and decision-making in the
seluruh aspek operasional dan pengambilan keputusan Company.
di Perseroan.
Prinsip-prinsip ini menjadi pedoman dalam perumusan These principles serve as guidelines in formulating
strategi, kebijakan, serta pelaksanaan operasional, strategies, policies, and operational implementation,
sehingga memastikan PGE tetap berada pada jalur thereby ensuring that PGE remains on a healthy growth
pertumbuhan yang sehat, berintegritas, dan path, with integrity, and provides long-term value for
memberikan nilai jangka panjang bagi seluruh all stakeholders.
pemangku kepentingan.
PGE juga telah memiliki struktur tata kelola yang PGE has also established a governance structure that
memiliki peran dan fungsinya masing-masing, dengan has its respective roles and functions, with clear
wewenang dan tanggung jawab yang jelas authority and responsibility as outlined in the Company's
sebagaimana diatur di dalam peraturan dan Anggaran regulations and Articles of Association.
Dasar Perseroan.
Agar mekanisme GCG berjalan dengan baik, Perseroan In order for the GCG mechanism to run well, the
telah menyusun berbagai kebijakan dan pedoman Company has prepared various policies and guidelines
seperti Pedoman GCG, Board Manual, Kode Etik atau such as the GCG Guidelines, Board Manual, Code of
Pedoman Etika Usaha dan Tata Perilaku atau Code of Ethics or Business Ethics and Code of Conduct (CoC),
Conduct (CoC), dan pedoman lainnya. PGE juga telah and other guidelines. PGE has also formed a GCG
membentuk Koordinator Penerapan dan Pemantauan Implementation and Monitoring Coordinator (KPPG)
GCG (KPPG) yang bertugas mengkoordinasikan tasked with coordinating the implementation of GCG,
penerapan GCG, serta mengelola isu kepatuhan di as well as managing compliance issues in the Company.
Perseroan.
Sepanjang tahun 2024, PGE terus memperkuat Throughout 2024, PGE continues to strengthen the
penerapan prinsip GCG, khususnya penguatan implementation of GCG principles, especially
kepatuhan kepada CoC yang menjadi panduan strengthening compliance with the CoC, which is the
Perseroan dalam berbisnis dan berperilaku, termasuk Company's guide in doing business and behaving,
dalam hal interaksi dengan pemangku kepentingan. including in terms of interactions with stakeholders.
CoC berlaku bagi seluruh insan Perseroan, tanpa CoC applies to all Company personnel, without
terkecuali. exception.
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Kami terus melakukan kampanye dan sosialisasi CoC We continue to run campaigns and dissemination on
melalui in-class training, broadcast e-mail, serta CoC through in-class training, broadcast emails, and
informasi di banner, portal dan situs web PGE. Pekerja information on banners, portals and PGE websites.
PGE juga wajib mengisi pernyataan komitmen PGE employees are also required to fill out a CoC
kepatuhan CoC melalui GCG Online System, dengan compliance commitment statement through the GCG
total komitmen kepatuhan sebesar 100% pada tahun Online System, with a total compliance commitment of
2024. 100% in 2024.
Pengendalian Korupsi dan Corruption Control and
Penguatan Transparansi Strengthened Transparency
Pengendalian korupsi, gratifikasi, dan benturan One of our focuses in strengthening the implementation
kepentingan menjadi salah satu fokus kami dalam of CoC is corruption control, gratuity, and conflict of
memperkuat penerapan CoC. Proses pengendalian interests. The control process is conducted top-down by
dilakukan secara top down oleh Direksi, dibantu fungsi the Board of Directors, assisted by the Internal Audit
Internal Audit. function.
Sejak tahun 2021, PGE telah mengimplementasikan As a form of anti-corruption commitment, since 2021,
Sistem Manajemen Anti Penyuapan (SMAP) berbasis PGE has implemented an Anti-Bribery Management
ISO 37001:2016 di seluruh area kerja, sebagai bentuk System (ABMS) based on ISO 37001:2016 in all work
komitmen anti korupsi. Penerapan sistem ini berfungsi areas. The implementation of this system serves as a
sebagai panduan dalam mencegah, mendeteksi, dan manual in preventing, detecting, and responding to
merespons potensi tindakan penyuapan secara dini, potential acts of bribery early on. This ensures that all
sehingga memastikan seluruh aktivitas bisnis Perseroan of the Company's business activities run transparently,
berjalan secara transparan, akuntabel, dan sesuai accountably, and pursuant to the principle of integrity.
dengan prinsip integritas.
Melalui SMAP, PGE juga menerapkan kebijakan Through the ABMS, PGE also implements a bribery risk
pengendalian risiko penyuapan, sosialisasi kepatuhan control policy, dissemination of compliance for all
bagi seluruh pegawai, serta mekanisme pelaporan employees, and a reporting mechanism that allows for
yang memungkinkan deteksi dan penanganan dugaan effective detection and response of alleged violations.
pelanggaran secara efektif. Inisiatif ini memperkuat This initiative strengthens the anti-corruption culture in
budaya anti korupsi di lingkungan kerja dan menjaga the work environment and maintains stakeholder trust in
kepercayaan pemangku kepentingan terhadap the Company's credibility.
kredibilitas Perseroan.
Kami juga terus mengampanyekan prinsip 4 NO’s yaitu We also continue to campaign for the 4 NO's principle,
No Bribery, No Kickback, No Gift, dan No Luxurious namely No Bribery, No Kickback, No Gift, and No
Hospitality dan fasilitas pelaporan pelanggaran Luxurious Hospitality and the Whistleblowing System
Whistleblowing System (WBS), untuk membangun (WBS) violation reporting facility, to build PGE's
kesadaran insan PGE akan korupsi, gratifikasi, dan awareness of corruption, gratification, and conflicts of
benturan kepentingan. interest.
Sejak menjadi perusahaan terbuka pada tahun 2023, Since its inception as a public company in 2023, PGE
PGE semakin memperkuat prinsip transparansi dalam has further strengthened the principle of transparency
setiap aspek bisnisnya. Sesuai peraturan, PGE in every aspect of its business. Pursuant to applicable
melakukan Keterbukaan Informasi atas setiap rencana regulations, PGE conducts Information Disclosure on
dan aksi korporasi yang berpotensi memengaruhi every coorporate plan and action that has the potential
harga saham. to affect stock prices.
Selain itu, untuk memastikan integritas dalam In addition, to ensure integrity in stock trading, PGE has
perdagangan saham, PGE telah menetapkan kebijakan established an insider trading policy and implemented
perdagangan orang dalam (insider trading) serta a stock transaction reporting mechanism for the Board
menerapkan mekanisme pelaporan transaksi saham of Commissioners and Directors. Under the provisions,
bagi Dewan Komisaris dan Direksi. Sesuai ketentuan, every stock transaction conducted by members of the
setiap transaksi saham yang dilakukan oleh anggota management must be reported no later than three
manajemen wajib dilaporkan paling lambat tiga hari calendar days after the transaction. This serves as a risk
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kalender setelah transaksi, sebagai langkah mitigasi mitigation measure and an effort to maintain investor
risiko dan upaya menjaga kepercayaan investor. trust.
Sebagai bagian dari proses monitoring penerapan As a form of monitoring process of the GCG
GCG, PGE rutin melakukan evaluasi melalui penilaian implementation, PGE regularly makes evaluations
mandiri (self-assessment). Pada tahun 2024, untuk through self-assessment. In 2024, PGE conducted a
pertama kalinya PGE melakukan self-assessment self-assessment for the first time based on the parameters
berdasarkan parameter ASEAN Corporate Governance of the ASEAN Corporate Governance Scorecard
Scorecard (ACGS), inisiatif yang dibuat oleh forum (ACGS), an initiative created by the ASEAN capital
pasar modal ASEAN untuk meningkatkan standar dan market forum to improve the standards and practices of
praktik GCG perusahaan publik di Asia Tenggara. GCG for public companies in Southeast Asia.
PGE berhasil meraih skor 121,84 dengan predikat PGE successfully achieved a score of 121.84 with the
“Leadership in Corporate Governance”, mencerminkan “Leadership in Corporate Governance” predicate,
bahwa penerapan GCG di PGE telah melampaui reflecting that the GCG implementation in PGE goes
standar regulasi yang berlaku. Pencapaian ini beyond standards. This achievement confirms the
menegaskan komitmen Perseroan dalam mengadopsi Company's unwavering commitment to adopting GCG
prinsip-prinsip GCG berbasis praktik terbaik principles based on international best practices, to
internasional, guna memastikan transparansi, ensure transparency, accountability, and sustainable
akuntabilitas, serta tata kelola yang berkelanjutan. governance.
Penerapan Strategi Keberlanjutan Implementation of Sustainability
Strategy
Komitmen nyata keberlanjutan PGE dimulai dari PGE's real commitment to sustainability begins with the
produksi energi panas bumi sebagai EBT yang rendah production of geothermal energy as a low-emission
emisi. Sepanjang tahun 2024, PGE dengan renewable energy. Throughout 2024, PGE with low-
pembangkitan energi low carbon telah mengoptimalkan carbon energy generation has optimized electricity
produksi listrik hingga 4.827,22 GWh, dan production up to 4,827.22 GWh, and contributed to
berkontribusi dalam upaya penghindaran emisi Gas efforts to avoid Greenhouse Gas (GHG) emissions of
Rumah Kaca (GRK) sebesar 4.043.051,89 Ton CO2eq, 4,043,051.89 tons of CO2eq, with emissions produced
dengan emisi yang dihasilkan lebih rendah 95,23% 95.23% lower compared to emissions produced by
jika dibandingkan dengan emisi yang dihasilkan oleh fossil fuel power plants.
pembangkit berbahan bakar fosil.
Sementara intensitas emisi hingga akhir Desember Meanwhile, the emissions intensity until the end of
2024 tercatat 43 gr CO2eq/kWh, lebih baik 3,66% December 2024 was recorded at 43 gr CO2eq/kWh,
dari tahun 2023, dan jauh di bawah standar European 3.66% improved than in 2023, and far below the
Union Taxonomy yang mencapai 100 gr CO2eq/kWh. European Union Taxonomy standard of 100 gr CO2eq/
kWh.
Kami selalu menjaga agar strategi keberlanjutan We always ensure that the Company's sustainability
Perseroan berjalan secara terintegrasi dalam proses strategy runs in an integrated manner in the business
bisnis, dengan memperhatikan aspek Environmental, process, considering the Environmental, Social, and
Social, and Governance (ESG) sebagai bagian dari Governance (ESG) aspects as part of operational
operational excellence, serta kontribusi Perseroan excellence, as well as the Company's contribution to
terhadap pencapaian Tujuan Pembangunan achieving the Sustainable Development Goals (SDGs).
Berkelanjutan atau Sustainable Development Goals
(SDGs).
Berlandaskan hal tersebut , kami telah mengelompokkan Against this backdrop, we have grouped PGE's
strategi keberlanjutan PGE ke dalam empat pilar, yaitu sustainability strategy into four pillars, namely Nature
Nature dan Zero Emission yang mencakup aspek and Zero Emission which covers environmental aspects,
lingkungan, People & Socioeconomics untuk aspek People & Socioeconomics for social aspects, and
sosial, serta Transformation Catalyst yang berkaitan Transformation Catalyst which relates to the execution
dengan penerapan tata kelola. Seluruh pilar strategi of governance. All strategy pillars are coupled with
dilengkapi dengan target dan inisiatif yang dijalankan targets and initiatives that are implemented until 2030.
hingga tahun 2030.
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Agar penerapan strategi keberlanjutan berjalan To realize proper implementation of the sustainability
dengan baik, Perseroan telah membentuk Sustainability strategy, the Company has formed a Sustainability
Committee yang diketuai oleh Direktur Utama dan Committee chaired by the President Director and
beranggotakan seluruh anggota Direksi. Melalui consisting of all members of the Board of Directors.
Sustainability Committee, Direksi bertugas sebagai Through the Sustainability Committee, the Board of
pelaksana top level yang bertanggung jawab Directors serves as a top-level implementer in charge of
mengkoordinasikan pengelolaan aspek ESG di dalam coordinating the management of ESG aspects within the
Perseroan. Company.
Untuk mendukung tugas Sustainability Committee, PGE Likewise, to support the duties of the Sustainability
juga membentuk Task Force Team yang beranggotakan Committee, PGE has formed a Task Force Team
pejabat penanggung jawab bidang ESG dari berbagai consisting of officials in charge of ESG from various
fungsi bisnis (cross function). Dengan demikian, business functions (cross function). Thus, the
penerapan strategi keberlanjutan dapat terintegrasi di implementation of the sustainability strategy can be
seluruh lini bisnis. integrated across all business lines.
Menjaga Keseimbangan Bisnis Maintaining Business Balance with
dengan Lingkungan dan the Environment and Society
Masyarakat
Pengelolaan perubahan iklim menjadi salah satu target One of our key sustainability targets in the long term is
keberlanjutan utama kami dalam jangka panjang. climate change management. Aside from accelerating
Selain dengan mempercepat penambahan kapasitas the addition of installed geothermal capacity that can
terpasang panas bumi yang dapat mendorong transisi drive the national energy transition, internally we
energi nasional, secara internal kami terus continue to implement emissions reduction or
melaksanakan program pengurangan emisi atau decarbonization programs, and low-carbon business
dekarbonisasi, dan pengembangan bisnis rendah development from the utilization of geothermal
karbon dari pemanfaatan produk turunan panas bumi derivative products (beyond energy).
(beyond energy).
Sebagai bagian dari komitmen terhadap keberlanjutan, As part of commitment to sustainability, PGE actively
PGE secara aktif menerapkan berbagai langkah implements various mitigation measures to maintain
mitigasi untuk menjaga keseimbangan lingkungan dan environmental balance and the safety of communities
keselamatan masyarakat di sekitar wilayah kerja around the Company's work areas.
Perseroan.
Kami melakukan kajian lingkungan yang komprehensif, We conduct comprehensive environmental studies,
termasuk Upaya Pengelolaan Lingkungan dan Upaya including Environmental Management Efforts and
Pemantauan Lingkungan (UKL/UPL) untuk tahap Environmental Monitoring Efforts (UKL/UPL) for the
eksplorasi, serta Analisis Mengenai Dampak exploration stage, as well as Environmental Impact
Lingkungan (AMDAL) untuk tahap operasional. Selain Analysis (AMDAL) for the operational stage. In
itu, pemantauan lingkungan dilakukan secara berkala addition, environmental monitoring is conducted
guna memastikan bahwa seluruh aktivitas Perseroan periodically to ensure that all Company activities run in
berjalan sesuai dengan standar yang ditetapkan dan accordance with established standards and do not
tidak menimbulkan dampak negatif bagi ekosistem pose an adverse impact on the surrounding ecosystem.
sekitar.
Lebih dari sekadar pengelolaan lingkungan, PGE juga It is more than just environmental management. PGE
menjalankan program pemberdayaan masyarakat also runs a community empowerment program through
melalui konsep Green Ecosystem, yang mengintegrasikan the Green Ecosystem concept, which integrates the
pemanfaatan energi panas bumi dengan upaya leverage of geothermal energy with efforts to improve
peningkatan kesejahteraan masyarakat. community wellbeing.
Program ini tidak hanya mendukung keberlanjutan This program not only supports environmental
lingkungan, namun juga memberikan manfaat ekonomi sustainability, but also provides economic and social
dan sosial bagi masyarakat sekitar, seperti benefits to the surrounding community, such as the
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pengembangan sektor pertanian berbasis energi panas development of the geothermal energy-based
bumi, edukasi lingkungan, serta inisiatif ekonomi hijau agricultural sector, environmental education, and other
lainnya. Dengan demikian, PGE berkomitmen untuk green economy initiatives. Thus, PGE stays true to its
menciptakan ekosistem yang berkelanjutan dan commitment to creating a sustainable ecosystem and
memberikan nilai tambah bagi masyarakat dan providing added value to the community and the
lingkungan. environment.
Salah satu inisiatif keberlanjutan yang berhasil One of the sustainability initiatives PGE successfully
diterapkan oleh PGE adalah program unggulan Area implemented is the flagship program in the Kamojang
Kamojang GEMAH KARSA (Geothermal Empowerment Area, namely GEMAH KARSA (Geothermal
for Maximizing Agriculture through Kamojang Empowerment for Maximizing Agriculture through
Responsible and Sustainable Farming). Program ini Kamojang Responsible and Sustainable Farming)
mengusung konsep pertanian berkelanjutan (sustainable Kamojang Area This program carries the concept of
farming) dengan memanfaatkan panas bumi secara sustainable farming through direct-use geothermal. This
langsung (direct-use geothermal), sehingga tidak hanya not only boosts agricultural productivity but also
meningkatkan produktivitas pertanian tetapi juga reduces environmental impacts.
mengurangi dampak lingkungan.
GEMAH KARSA telah memberikan manfaat nyata bagi GEMAH KARSA has provided real benefits to 2,674
2.674 penerima manfaat, termasuk kelompok rentan beneficiaries, including the vulnerable such as the
seperti lansia, ibu hamil, dan pengangguran. Selain elderly, pregnant women, and people who are
dampak sosial yang signifikan, program ini juga unemployed. In addition to significant social impacts,
berkontribusi terhadap pengurangan emisi karbon this program also contributes to reducing carbon
sebesar 4.556,2 ton CO2eq per tahun. Dari sisi emissions by 4,556.2 tons of CO2eq per annum. From
ekonomi, inovasi ini telah meningkatkan pendapatan an economic perspective, this innovation has increased
masyarakat sekitar hingga Rp2,8 miliar per tahun, the income of the surrounding community by up to
menunjukkan bagaimana pemanfaatan energi panas Rp2.8 billion per annum, demonstrating how the use of
bumi dapat mendorong kesejahteraan yang geothermal energy can drive sustainable prosperity.
berkelanjutan.
Salah satu program unggulan PGE lainnya yang turut One of PGE's flagship programs that also supports
mendukung pemberdayaan masyarakat dan kelestarian community empowerment and environmental
lingkungan adalah ELOC BESTARI (Empowering Local sustainability is ELOC BESTARI (Empowering Local
Communities Based Environmental Stewardship through Communities Based Environmental Stewardship through
Social Forestry) di Area Ulubelu. Program ini bertujuan Social Forestry) in the Ulubelu Area. This program aims
untuk mendiversifikasi sumber pendapatan masyarakat to diversify the community's sources of income while
dengan tetap menjaga keberlanjutan hutan melalui maintaining forest sustainability through the use of
pemanfaatan direct-use geothermal. direct-use geothermal.
Salah satu inovasi dalam program ini adalah Melon One of the innovations in this program is Melon
Geothermal, yaitu budidaya melon berkualitas tinggi Geothermal, which is a high-quality melon cultivation
yang memanfaatkan panas bumi sebagai sumber that utilizes geothermal energy as an energy source.
energi. Program ELOC BESTARI telah memberikan The ELOC BESTARI program has provided direct
manfaat langsung kepada 1.362 orang, serta benefits to 1,362 people, as well as contributing to
berkontribusi dalam konservasi lingkungan dengan environmental conservation by converting 25 water
mengonversi 25 sumber mata air melalui penanaman sources through planting bamboo and banyan trees. In
bambu dan pohon beringin. Selain itu, program ini addition, this program has managed to create a
berhasil menciptakan dampak ekonomi positif dengan positive economic impact, with the annual income of
meningkatkan pemasukan tahunan masyarakat di the community in the area increasing by more than Rp2
wilayah tersebut hingga lebih dari Rp2 miliar. billion.
Pada tahun 2024, PGE memperoleh peringkat ESG 7.1 In 2024, PGE received an ESG rating of 7.1 (Negligible
(Negligible Risk) dari Morningstar Sustainalytics, lebih Risk) from Morningstar Sustainalytics, better than the
baik dibandingkan tahun sebelumnya 8.4 (Negligible previous year's 8.4 (Negligible Risk). This assessment
Risk). Penilaian tersebut menjadikan PGE sebagai makes PGE a Company with the lowest ESG risk or
perusahaan dengan risiko ESG terendah atau nomor rank one in the utilities sector and renewable energy
satu di sektor utilitas (utilities) dan sub-sektor energi sub-sector, from the previous year's third rank.
terbarukan, dari tahun sebelumnya posisi ketiga.
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Perolehan skor risiko yang sangat rendah dan bahkan The very low and even negligible risk score (Negligible
dapat diabaikan (Negligible Risk), menjadikan PGE Risk) makes PGE the only Indonesian Company
sebagai satu-satunya perusahaan Indonesia yang included in the Sustainalytics Top 50 global ESG list.
masuk dalam daftar Top 50 ESG global versi We are very proud of this achievement, a testament
Sustainalytics. Kami sangat bangga dengan prestasi that the implementation of PGE's sustainability strategy
ini, yang menunjukkan bahwa penerapan strategi has been running on an ongoing basis.
keberlanjutan PGE telah berjalan secara
berkesinambungan.
Pencapaian lain yang sangat membanggakan adalah Another proud achievement is Gold Public Disclosure
perolehan Program Peningkatan Penilaian Kinerja Program for Environmental Compliance (PROPER)
Perusahaan dalam Pengelolaan Lingkungan (PROPER) Award from the Ministry of the Environment and
Emas dari Kementerian Lingkungan Hidup dan Forestry for the Kamojang Area for the 14th consecutive
Kehutanan bagi Area Kamojang untuk yang ke 14 time. This achievement makes PGE the only geothermal
kalinya secara berturut-turut. Prestasi perolehan company in Indonesia with Gold PROPER in a row.
PROPER Emas secara berturut ini merupakan satu-
satunya di perusahaan geotermal di Indonesia.
PROPER Emas juga didapatkan oleh Area Ulubelu (tiga Ulubelu Area also obtained Gold PROPER for the third
kali berturut-turut). Selain itu, Area Lahendong dan consecutive time. In addition, Lahendong Area and
Area Karaha memperoleh PROPER Hijau. Perolehan Karaha Area obtained Green PROPER. The achievement
PROPER Emas menunjukkan bahwa Perseroan telah of Gold PROPER shows that the Company has
melakukan pengelolaan lingkungan lebih dari yang performed environmental management beyond
dipersyaratkan dan sekaligus melakukan upaya-upaya compliance and at the same time made efforts to
pengembangan masyarakat secara berkesinambungan. develop the community sustainably.
Komitmen PGE dalam menerapkan prinsip ESG juga PGE's commitment to implementing ESG principles has
mendapatkan pengakuan dari pasar modal Indonesia, also received recognition from the Indonesian capital
dengan terpilihnya saham PGE (ticker: PGEO) sebagai market, with the selection of PGE shares (ticker: PGEO)
konstituen Indeks ESG Quality 45 IDX KEHATI dan as a constituent of the IDX KEHATI ESG Quality 45
Indeks ESG Sector Leaders IDX KEHATI pada tahun Index and the IDX KEHATI ESG Sector Leaders Index in
2024. 2024.
Masuknya saham PGE dalam indeks bergengsi tersebut The inclusion of PGE shares in the prestigious index
mencerminkan konsistensi Perseroan dalam mengelola reflects the Company's dedication in sustainably
bisnis secara berkelanjutan, dengan menjaga managing its business, by maintaining a balance
keseimbangan antara pertumbuhan usaha, kepedulian between business growth, environmental stewardship,
terhadap lingkungan, serta tanggung jawab sosial. and social responsibility. This recognition also boosts
Pengakuan ini juga memperkuat kepercayaan investor investor confidence in PGE's sustainability performance,
terhadap kinerja keberlanjutan PGE, sejalan dengan aligned with the Company's vision to become a global
visi perusahaan untuk menjadi pemimpin global di leader in the green energy sector.
sektor energi hijau.
Penjelasan lebih lanjut terkait strategi dan program Further detail regarding PGE's sustainability strategy
keberlanjutan PGE secara lengkap, dapat dilihat pada and programs is available in the 2024 PGE
Laporan Keberlanjutan PGE 2024 yang tersedia dalam Sustainability Report which is available in a separate
buku terpisah. publication.
Prospek Usaha Business Prospects
Berbagai dinamika global seperti volatilitas harga Various global dynamics such as commodity price
komoditas, meningkatnya suku bunga, kendala rantai volatility, rising interest rates, supply chain constraints,
pasok, hingga kerentanan ketahanan pangan dan and vulnerability to food and energy security due to
energi akibat perubahan iklim, masih akan menjadi climate change still remain factors that influence
faktor yang memengaruhi prospek usaha domestik dan domestic and international business prospects in 2025.
internasional pada tahun 2025.
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International Monetary Fund (IMF) memproyeksikan The International Monetary Fund (IMF) projects global
pertumbuhan ekonomi global sebesar 3,3% pada economic growth of 3.3% in 2025. Meanwhile, the
tahun 2025. Sementara Bank Dunia memprediksikan World Bank predicts that world economic growth will
pertumbuhan ekonomi dunia akan mengalami stagnasi stagnate at 2.7%, as emerging economies, which
di level 2,7%, karena ekonomi negara berkembang account for 60% of global growth, are projected to
yang menyumbang 60% pertumbuhan global come under pressure by 2025.
diproyeksikan akan mengalami tekanan pada 2025.
Untuk Indonesia, prediksi pertumbuhan ekonomi dari As for Indonesia, the economic growth forecast from
IMF dan Bank Dunia adalah sebesar 5,1%, karena the IMF and World Bank is 5.1%, due to the risk of
adanya risiko perlambatan pertumbuhan ekonomi economic slowdown due to global uncertainty.
akibat ketidakpastian global. Sementara target Meanwhile, the Government's target in the State
Pemerintah dalam APBN mencapai 5,2%. Budget is 5.2%.
Pada tahun 2024, Indonesia mencatat pertumbuhan In 2024, Indonesia recorded economic growth of
ekonomi year-on-year (yoy) 5,03%, melambat 5.03% year-on year (yoy), slowing down compared to
dibandingkan tahun sebelumnya 5,05%, dan di bawah the previous year's 5.05%, and below the 2024 State
target APBN 2024 yang sebesar 5,2%. Pertumbuhan Budget target of 5.2%. Indonesia's economic growth
ekonomi Indonesia terbilang tangguh di level 5% was considered resilient at 5% in the past decade
dalam satu dekade terakhir (di luar dari periode (excluding the 2020 - 2021 pandemic period), above
pandemi tahun 2020 - 2021), di atas rata-rata the average global economic growth of 2.6%.
pertumbuhan ekonomi global 2,6%.
Presiden Prabowo menargetkan, dalam jangka panjang President Prabowo has set a target that in the long term
Indonesia bisa mencapai pertumbuhan ekonomi hingga Indonesia can achieve economic growth of up to 8%,
8%, yang antara lain didorong oleh ketahanan energi which is driven by energy security and self-sufficiency,
dan swasembada energi, khususnya dari energi hijau mainly from green energy such as geothermal.
seperti panas bumi.
PGE optimis, komitmen Pemerintah tersebut dapat PGE is optimistic that the Government's commitment
memuluskan berbagai rencana Perseroan di masa will pave the way for the Company's future plans,
mendatang, khususnya dalam mencapai target especially in achieving its installed capacity target of
kapasitas terpasang hingga >1GW di tahun 2028, more than 1GW by 2028, through the acceleration of
melalui akselerasi proyek-proyek yang telah ada dalam projects already in the pipeline. Subsequently, we will
pipeline. Selanjutnya, kami juga akan terus melakukan also continue to explore PGE's geothermal reserves,
proses eksplorasi cadangan panas bumi PGE yang which total 3 GW.
totalnya mencapai 3 GW.
Agar dapat mendukung target Pemerintah dalam In order to support the Government's target of
meningkatkan pertumbuhan ekonomi, kami akan increasing economic growth, we will boost economic
menggenjot proyek keekonomian dari pemanfaatan projects from geothermal utilization, both from beyond
panas bumi, baik dari beyond energy maupun beyond energy and beyond electricity, which not only provide
electricity, yang dapat memberikan manfaat ekonomi economic benefits to PGE but also enhance domestic
tidak hanya kepada PGE, namun juga meningkatkan production and create new jobs (multiplier effect).
produksi dalam negeri dan menciptakan lapangan
kerja baru (multiplier effect).
PGE menyadari bahwa kolaborasi dengan berbagai PGE is of the opinion that collaboration with various
pemangku kepentingan merupakan kunci dalam stakeholders is key in realizing the Company's strategic
mewujudkan rencana strategis Perseroan. Oleh karena plan. To that end, we constantly establish intensive
itu, kami secara proaktif menjalin komunikasi dan communication and discussion with energy management
diskusi intensif dengan otoritas kebijakan pengelolaan policy authorities, including the Government and
energi, termasuk Pemerintah dan regulator terkait. relevant regulators. Through this approach, PGE seeks
Melalui pendekatan ini, PGE berupaya mendorong to encourage policies that better support the
kebijakan yang lebih mendukung pengembangan development of the geothermal industry, both in terms
industri panas bumi, baik dari sisi regulasi, insentif of regulations, investment incentives, and a more
investasi, maupun skema harga jual listrik yang lebih competitive electricity selling price scheme.
kompetitif.
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Selain itu, PGE akan terus mendorong kemajuan dari In addition, PGE will continue to encourage progress in
kerja sama dan kolaborasi proyek dengan pemangku cooperation and project collaboration with related
kepentingan terkait seperti Pertamina Group, PLN, stakeholders such as Pertamina Group, PLN, agencies,
instansi, dan mitra lainnya yang telah kami mulai di and other partners that we have initiated in 2024.
tahun 2024.
Sebagai bagian dari strategi manajemen risiko, kami As part of the risk management strategy, we will
akan terus mencermati berbagai faktor eksternal yang continue to closely monitor various external factors that
berpotensi memengaruhi kinerja Perseroan. Di have the potential to affect the Company's performance.
antaranya adalah dampak dinamika geopolitik global These include the impact of global geopolitical
serta arah kebijakan ekonomi Amerika Serikat, yang dynamics and U.S. economic policy directions, which
dapat memengaruhi stabilitas ekonomi dunia, nilai could influence global economic stability, the U.S.
tukar mata uang dolar AS, dan sentimen investor. exchange rates, and investor sentiment.
Dengan pendekatan risk-based decision making, PGE With a risk-based decision-making approach, PGE is
berkomitmen untuk menjaga ketahanan bisnis melalui committed to maintaining business resilience through
langkah-langkah mitigasi yang proaktif, termasuk proactive mitigation measures, including diversification
diversifikasi strategi pendanaan, efisiensi operasional, of funding strategies, operational efficiency, and
serta peningkatan fleksibilitas dalam menghadapi increased flexibility in dealing with changing market
perubahan kondisi pasar. conditions.
Kami juga akan terus memperkuat pengelolaan risiko We will also continue to strengthen risk management
terhadap beberapa parameter, seperti fluktuasi nilai against several parameters, such as fluctuations in
tukar mata uang dunia, risiko eksplorasi, dampak world currency exchange rates, exploration risks, the
perubahan iklim, kesehatan dan keselamatan kerja, impact of climate change, occupational health and
keamanan siber, serta perubahan peraturan dan safety, cybersecurity, and changes in government
kebijakan Pemerintah. regulations and policies.
Perubahan Komposisi Direksi Changes in the Composition of the
Board of Directors
Pada tahun 2024 terdapat perubahan susunan Direksi In 2024, changes were made to the composition of the
sebagai berikut: Board of Directors as follows:
Berdasarkan keputusan Rapat Umum Pemegang Saham Based on the resolution of the Extraordinary General
Luar Biasa (RUPSLB) tanggal 12 Februari 2024 Meeting of Shareholders (EGMS) dated 12 February
2024
• Memberhentikan dengan hormat Nelwin • Honorably dismissed Nelwin Aldriansyah from his
Aldriansyah dari jabatannya sebagai Direktur position as Director of Finance.
Keuangan.
• Mengangkat Yurizki Rio sebagai Direktur • Appointed Yurizki Rio as Director of Finance.
Keuangan.
Berdasarkan keputusan Rapat Umum Pemegang Saham Berdasarkan keputusan Rapat Umum Pemegang Saham
Tahunan (RUPST) tanggal 28 Mei 2024 Tahunan (RUPST) tanggal 28 Mei 2024
• Memberhentikan dengan hormat Rachmat Hidajat • Honorably dismissed Rachmat Hidajat from his
dari jabatannya sebagai Direktur Eksplorasi & position as Director of Exploration & Development.
Pengembangan.
• Mengangkat Edwil Suzandi sebagai Direktur • Appointed Edwil Suzandi as Director of Exploration
Eksplorasi & Pengembangan. & Development.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 91
Page 92
03 LAPORAN MANAJEMEN
MANAGEMENT REPORT
Kami mengucapkan terima kasih dan apresiasi atas We would like to extend our gratitude and appreciation
kontribusi dan dedikasi Nelwin Aldriansyah dan for the contribution and dedication of Nelwin
Rachmat Hidajat selama menjabat sebagai anggota Aldriansyah and Rachmat Hidajat during their tenure
Direksi PGE, serta selamat bertugas bagi Yurizki Rio as members of the PGE Board of Directors, and Best of
dan Edwil Suzandi. luck in your position, Yurizki Rio and Edwil Suzandi.
Dengan demikian, susunan Direksi PGE Thus, the composition of the PGE Board of Directors as
per 31 Desember 2024 adalah sebagai berikut: of 31 December 2024 is as follows:
Direktur Utama
: Julfi Hadi
President Director
Direktur Eksplorasi dan Pengembangan
: Edwil Suzandi
Director of Exploration and Development
Direktur Operasi
: Ahmad Yani
Director of Operations
Direktur Keuangan
: Yurizki Rio
Director of Finance
Penutup Closing
Menutup Laporan, saya atas nama Direksi To conclude, on behalf of the Board of Directors, I take
mengucapkan terima kasih kepada pemegang saham, this opportunity to thank the shareholders, PLN as
PLN selaku pelanggan, otoritas, mitra usaha, dan customers, authorities, business partners, and all PGE
seluruh pemangku kepentingan PGE atas dukungan stakeholders for their continued support and trust in the
dan kepercayaannya terhadap Perseroan. Apresiasi Company. I would also like to express my deepest
yang sebesar-besarnya juga saya sampaikan kepada appreciation to PGE employees and management for
pekerja dan manajemen PGE, atas komitmen dan their steadfast commitment and dedicated contribution
kontribusinya dalam memperkuat kinerja Perseroan. in strengthening the Company's performance.
Kami yakin dengan masa depan PGE yang cerah, We are confident in PGE's bright future, supported by
didukung oleh komitmen Pemerintah untuk memperkuat the Government's commitment to bolster the proportion
proporsi panas bumi di dalam bauran energi nasional. of geothermal energy in the national energy mix.
Bersama-sama dengan seluruh pemangku kepentingan, Together with all stakeholders, PGE will continue to
PGE akan mendukung visi dan misi Pemerintah dalam support the Government's vision and mission in
swasembada dan ketahanan energi nasional, melalui achieving national energy self-sufficiency and resilience,
pemberdayaan energi panas bumi. through the leverage of geothermal energy.
Jakarta, 24 April 2025
Atas Nama Direksi,
On Behalf of the Board of Directors,
Julfi Hadi
Direktur Utama
President Director
92 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 93
Edwil Suzandi Ahmad Yani Julfi Hadi Yurizki Rio
Direktur Eksplorasi dan Pengembangan Direktur Operasi Direktur Utama Direktur Keuangan
Director of Exploration and Development Director of Operations President Director Director of Finance
2024 Annual Report PT Pertamina Geothermal Energy Tbk 93
Page 94
4 PROFIL PERUSAHAAN COMPANY PROFILE
Page 95
Iktisar Kerja
Performance Highlights
Iktisar Kerja
Eseque molorios se consequate
maximin ni temposa perfersperum
cum expernam rem inimposam
quamus, cuptatio. Nam laRiossit
asin enihit aut quos expero bea
porae dolupti omni qui necum
Quianient, sequatis re volori ni
quo exceseque occabora cupti
cumende liquam enihill itatur Od
quam que sitiumquo endit labore
volorep uditam quiam hiliam
sam reriassiti temquam, niat.
L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a 95
Page 96
03 PROFIL PERUSAHAAN
COMPANY PROFILE
96 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 97
TENTANG PGE
ABOUT PGE
Nama Perseroan PT Pertamina Geothermal Energy Tbk
Company Name
Domisili Jakarta, Indonesia
Domicile
Tanggal Pendirian 12 Desember | December 2006
Date of Establishment
Badan Usaha Perseroan Terbatas
Legal Entity Anak Perusahaan Pertamina Subholding Power & New Renewable Energy (PNRE)
Limited Liability Company
Subholding Subsidiary of Pertamina Subholding Power & New Renewable Energy (PNRE)
Bidang Usaha Pengusahaan tenaga panas bumi dan pembangkitan tenaga listrik
Line of Business Business of geothermal energy and power generation
Dasar Hukum Pendirian Akta Pendirian Perseroan Nomor 10 Tanggal 12 Desember 2006 dan telah mendapat
dan Perubahannya pengesahan Menteri Hukum dan Hak Asasi Manusia Republik Indonesia dengan Surat
Legal Basis of Establishment and Keputusan No. W7-00089 HT.01.01-TH.2007 tanggal 3 Januari 2007, sebagaimana
Amendments terakhir diubah dengan Akta No. 12 tanggal 8 Juni 2023 dan telah mendapat persetujuan
Menteri Hukum dan Hak Asasi Manusia Republik Indonesia (RI) berdasarkan Keputusan
No. AHU-0033555.AH.01.02 Tahun 2023 tanggal 15 Juni 2023, serta telah mendapat
penerimaan pemberitahuan dari Menteri Hukum dan Hak Asasi Manusia RI dengan surat
No. AHU-AH.01.03.0078007 tanggal 14 Juni 2023
Deed of Company Establishment No. 10 dated 12 December 2006 and has been approved by the
Minister of Law and Human Rights of the Republic of Indonesia with Decree No. W7-00089 HT.01.01-
TH.2007 dated 3 January 2007, as last amended by Deed No. 12 dated 8 June 2023 and has obtained
approval from the Minister of Law and Human Rights of the Republic of Indonesia based on Decree No.
AHU-0033555.AH.01.02 of 2023 dated 15 June 2023, and has received notification from the Minister
of Law and Human Rights of the Republic of Indonesia with letter No. AHU-AH.01.03.0078007 dated
14 June 2023
Modal Dasar Rp62.092.284.000.000
Authorized Capital
Modal Ditempatkan Rp20.698.071.000.000
Issued Capital
Kepemilikan Saham • PT Pertamina Power Indonesia (68,83%)
Shareholding • Masdar Indonesia Solar Holdings RSC Limited (14,96%)
• Masyarakat | Public (10,24%)
• PT Pertamina Pedeve Indonesia (5,97%)
Pencatatan di Bursa Perseroan mencatatkan sahamnya di Bursa Efek Indonesia pada 24 Februari 2023
Initial Public Offering The Company listed its shares on the Indonesia Stock Exchange on 24 February 2023
Kode Saham PGEO
Ticker Code
Jumlah Pekerja 523 pekerja pada tahun 2024
Total Employees 523 employees in 2024
Alamat Perseroan Kantor Pusat | Head Office
Head Office Address Grha Pertamina - Tower Pertamax Lt. 7, Jl. Medan Merdeka Timur No. 11-13 Gambir,
Jakarta Pusat 10110.
(021) 3983 3222
Akses Informasi Call Center : 135
Information Access E-mail : commpge@pertamina.com
Website : www.pge.pertamina.com
Instagram : @pge.pertamina
Facebook : Pertamina Geothermal Energy
YouTube : pge.pertamina
X : pgepertamina
2024 Annual Report PT Pertamina Geothermal Energy Tbk 97
Page 98
03 PROFIL PERUSAHAAN
COMPANY PROFILE
Uap,
Listrik,
Kredit Karbon
Produk dari Kegiatan Usaha
Steam, Electricity, Carbon Credits
Product from Business Activities
Wilayah Kuasa
15
Pengusahaan (WKP)
Panas Bumi Tersebar di Sumatera,
Jawa, Bali, dan Sulawesi
15 Geothermal Working Areas
Spread across Sumatra, Java, Bali,
and Sulawesi
10,24%
Saham Publik
Public Shares
Kode Saham | Ticker Code
PGEO
18 Tahun
di Indonesia
18 Years in Indonesia
98 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 99
RIWAYAT SINGKAT
PERSEROAN
BRIEF HISTORY OF THE
COMPANY
Cikal bakal keberadaan PT Pertamina Geothermal
Energy Tbk (PGE) dimulai tahun 1974 ketika Pemerintah
Indonesia menugaskan Pertamina (d/h PN Pertambangan
Minyak dan Gas Bumi Negara) untuk mengeksplorasi
dan mengelola panas bumi sebagai penghasil listrik.
Hasilnya, teridentifikasi hingga 70 wilayah panas bumi
di Indonesia. Pembangkit Listrik Tenaga Panas Bumi
(PLTP) pertama di Indonesia yaitu PLTP Kamojang di
Lapangan Kamojang, Jawa Barat, pun dibangun dan
mulai beroperasi di tahun 1983.
Pada tahun 2000, terbit Keputusan Presiden No. 76
tentang Pengusahaan Sumber Daya Panas Bumi untuk
Pembangkitan Tenaga Listrik yang membatasi dominasi
Pertamina sebagai satu-satunya badan usaha yang
dapat mengelola panas bumi di Indonesia. Pertamina
kemudian mengembalikan 18 dari 33 Wilayah Kuasa
Pengusahaan Panas Bumi yang dikelolanya
kepada Pemerintah.
PT Pertamina Geothermal Energy Tbk (PGE)’s journey
began in 1974 when the Government of Indonesia
commissioned Pertamina (formerly PN Pertambangan
Minyak dan Gas Bumi Negara) to explore and manage
geothermal energy for electricity generation.
As a result, up to 70 geothermal points were discovered
in Indonesia. Indonesia's first geothermal power plant,
the Kamojang Geothermal Power Plant (PLTP) in
Kamojang Field, West Java, was built and began
operating in 1983.
In 2000, the issuance of Presidential Decree No. 76 on
the Exploitation of Geothermal Resources for Electric
Power Generation resulted in the limitation of
Pertamina's dominance as the sole business entity
authorized to manage geothermal resources in
Indonesia. Pertamina then returned 18 out of the
33 Geothermal Concession Areas it originally managed
to the Government.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 99
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03 PROFIL PERUSAHAAN
COMPANY PROFILE
PGE kemudian menerima pengalihan 14 Wilayah PGE then received the transfer of 14 Geothermal
Kuasa Pengusahaan (WKP) panas bumi dari Pertamina Working Areas (WKPs) from Pertamina as per the
melalui Keputusan Menteri Energi dan Sumber Daya Decree of the Minister of Energy and Mineral Resources
Mineral No.2067 K/30/MEM/2012 tanggal 18 Juni No.2067 K/30/MEM/2012 dated 18 June 2012.
2012. Namun pada akhir tahun 2014 PGE However, at the end of 2014, PGE returned the Gunung
mengembalikan WKP Gunung Iyang Argopuro dan Iyang Argopuro and Kotamobagu WKPs because they
Kotamobagu karena belum mencapai tahap eksploitasi, had not reached the exploitation stage, as mandated
sesuai amanat dalam ketentuan peralihan Undang- in the transitional provisions of Law No. 21/2014
undang No. 21 Tahun 2014 tentang Panas Bumi. on Geothermal.
Untuk memastikan pengelolaan WKP yang lebih To ensure more optimal WKP management and support
optimal serta mendukung pengembangan usaha secara sustainable business development, PGE established
berkelanjutan, PGE mendirikan dua anak perusahaan two subsidiaries, namely PT Pertamina Geothermal
yaitu PT Pertamina Geothermal Energy Lawu (Mei Energy Lawu (May 2016), which manages Gunung
2016) yang mengelola wilayah kerja Gunung Lawu, Lawu WKP, and PT Geothermal Energi Seulawah (July
dan PT Geothermal Energi Seulawah (Juli 2017) yang 2017), which manages Seulawah Agam WKP.
mengelola Wilayah kerja Seulawah Agam.
PT Pertamina Geothermal Energi Lawu kemudian PT Pertamina Geothermal Energy Lawu then changed
berubah nama menjadi PT Pertamina Geothermal its name to PT Pertamina Geothermal Energy
Energy Kotamobagu terhitung sejak bulan Juli 2022, Kotamobagu as of July 2022 to manage WKP
karena akan mengelola wilayah kerja Kotamobagu Kotamobagu under a Geothermal License in the form of
berdasarkan Izin Panas Bumi berupa penugasan an assignment to PT Pertamina (Persero)
kepada PT Pertamina (Persero) dan/atau afiliasi. and/or affiliates.
Pada Agustus 2021, PT Pertamina (Persero) selaku In August 2021, PT Pertamina (Persero) as the PGE
holding PGE melakukan restrukturisasi dengan holding company conducted a restructuring by forming
membentuk enam Subholding yang salah satunya six Subholdings, one of which is the Power & New
adalah Subholding Power & New Renewable Energy Renewable Energy (PNRE) Subholding, managed by
(PNRE), yang dikelola oleh Pertamina New & Pertamina New & Renewable Energy (Pertamina NRE),
Renewable Energy (Pertamina NRE), rebranding dari a rebranding of PT Pertamina Power Indonesia.
PT Pertamina Power Indonesia.
Pembentukan Subholding PNRE kemudian diikuti oleh The establishment of PNRE Subholding was followed
restrukturisasi organisasi PGE sebagai bagian dari by the restructuring of PGE's organization as part of
Subholding PNRE, antara lain dengan melakukan PNRE Subholding, among others by conducting an
Penawaran Umum Saham Perdana atau Initial Public Initial Public Offering (IPO) in 2023, reflecting PGE's
Offering (IPO) di tahun 2023 yang mencerminkan commitment to run business in a more responsible and
komitmen PGE untuk menjalankan bisnis dengan lebih sustainable manner.
bertanggung jawab dan berkelanjutan.
Sesuai tujuan pembentukan Subholding PNRE, PGE Pursuant to the purpose of establishing PNRE
juga akan terus menjalankan perannya sebagai Subholding, PGE will also continue to play its role as a
pengelola panas bumi yang akan mendukung geothermal operator that will support the realization of
terwujudnya ketahanan energi nasional, serta menjadi national energy security, as well as become the
garda utama kesiapan Indonesia dalam melakukan frontline of Indonesia's readiness to transition energy
transisi energi menuju target Net Zero Emission towards the Net Zero Emission target by 2060.
pada 2060.
Hingga akhir tahun 2024 PGE mengelola 15 Wilayah Until the end of 2024, PGE has managed 15 Working
Kerja yang terdiri atas 12 Wilayah Kerja Kuasa Areas consisting of 12 Working Areas under
Pengusahaan, dua Wilayah Kerja Penugasan Izin Concession, two Working Areas under Geothermal
Panas Bumi (IPB) dan satu Wilayah Kerja dengan Permit (IPB), and one Working Area under Joint Venture.
Usaha Gabungan (Joint Venture). Total kapasitas The total installed capacity of the WKPs is 1,878 MW,
terpasang dalam WKP adalah 1.878 MW, yang terdiri consisting of 673 MW of Own Operations and 1,205
dari Pengelolaan Sendiri (Own Operations) sebesar MW of Joint Operation Contract (JOC). All WKPs are
673 MW dan Kontrak Operasi Bersama (KOB) atau spread across Sumatra, Java, Bali, and Sulawesi.
Joint Operation Contract (JOC) sebesar 1.205 MW.
Seluruh WKP tersebar di Sumatera, Jawa, Bali,
dan Sulawesi.
100 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 101
JEJAK LANGKAH PERSEROAN
MILESTONE
1974 1996
Penugasan pemerintah kepada Pertamina PLTP Sibanyak Monoblok berkapasitas 2
untuk melakukan survei sumber panas MW yang terletak di WKP Gunung Sibayak-
bumi, dan melakukan eksplorasi serta Gunung Sinabung, Sumatera Utara resmi
eksploitasi untuk menghasilkan energi listrik beroperasi pada 8 Agustus 1996.
berdasarkan UU No. 8 Tahun 1971 jo.
Keppres 64/1972 jo. Keppres 16/1974. PLTP Sibayak Monoblok with a capacity of 2
MW located in the Gunung Sibayak-Gunung
The Government has assigned Pertamina Sinabung WKP, North Sumatra officially
to conduct surveys of geothermal sources operated on 8 August 1996.
and carry out exploration and exploitation
to generate electrical energy according to
Law No. 8 of 1971 jo. Presidential Decree
No. 64 of 1972 jo. Presidential Decree
No. 16 of 1974.
1983 2001
Pembangkit Listrik Tenaga Panas
Bumi (PLTP) Kamojang Unit I
berkapasitas 30 MW resmi beroperasi PLTP Lahendong Unit 1 berkapasitas 20 MW
pada 28 Januari 1983, dengan resmi beroperasi pada 21 Agustus 2001
memanfaatkan energi panas bumi dari dengan memanfaatkan energi panas bumi
Lapangan Kamojang, Jawa Barat. dari Lapangan Lahendong, Sulawesi Utara.
The Kamojang Unit I Geothermal Power PLTP Lahendong Unit 1 with a capacity of 20
Plant (PLTP) with a capacity of 30 MW was MW officially operated on 21 August 2001,
officially operational on 28 January 1983, by utilizing geothermal energy from the
by utilizing geothermal energy from the Lahendong Field, North Sulawesi.
Kamojang Field, West Java.
1987 2002
PLTP Kamojang Unit 2 dan 3 berkapasitas 2
x 55 MW mulai beroperasi secara komersial Berdasarkan Keputusan Presiden No. 76
pada 2 Oktober dan 15 November 1987. Tahun 2000, Pertamina mengembalikan 18
dari 33 WKP kepada Pemerintah.
PLTP Kamojang Units 2 and 3 with a
capacity of 2 x 55 MW began commercial Based on Presidential Decree No. 76 of
operations on 2 October and 15 November 2000, Pertamina returned 18 out of 31 WKPs
1987. to the Indonesia Government.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 101
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03 PROFIL PERUSAHAAN
COMPANY PROFILE
2003 2009
Pertamina bertransformasi menjadi PT
Pertamina (Persero) untuk memenuhi Undang- PLTP Lahendong Unit 3 berkapasitas 20 MW
Undang No. 22 Tahun 2001 tentang Minyak resmi beroperasi pada 7 April 2009.
dan Gas Bumi. PLTP Lahendong Unit 3 with a capacity of 20
Pertamina transformed into PT Pertamina MW officially operated on 7 April 2009.
2011
(Persero) to comply with Law No. 22 of 2001
on Oil and Gas.
2006
PLTP Lahendong Unit 4 berkapasitas 20 MW
yang terletak di WKP Lahendong, Sulawesi
Utara resmi beroperasi pada 23 Desember
2011.
Untuk memenuhi Peraturan Pemerintah No. PLTP Lahendong Unit 4 with a capacity of
31 Tahun 2003, Pertamina mendirikan PT 20 MW located in WKP Lahendong, North
Pertamina Geothermal Energy untuk mengelola Sulawesi officially operated on 23 December
kegiatan usaha di bidang pemanfaatan panas 2011.
bumi.
To fulfill Government Regulation No. 31 of
2012
2003, Pertamina established PT Pertamina
Geothermal Energy Tbk to manage geothermal
business activities.
• Perseroan menerima pengalihan kuasa
2007
pengusahaan sumber daya panas bumi
atas 14 WKP dari Pertamina.
• PLTP Ulubelu Unit 1 dan 2 berkapasitas
55 MW yang terletak di WKP Ulubelu,
Lampung resmi beroperasi pada 16
PLTP Lahendong Unit 2 berkapasitas 20 MW September 2012.
resmi beroperasi pada 19 Juni 2007.
• The Company received the transfer of
PLTP Lahendong Unit 2 with a capacity of 20 geothermal authority from Pertamina for
MW officially operated on 19 June 2007. 14 WKPs.
• PLTP Ulubelu Units 1 and 2 with a capacity
of 55 MW located in WKP Ulubelu,
2008
Lampung officially operated on 16
September 2012.
• PLTP Kamojang Unit 4 berkapasitas 60
MW yang terletak di WKP Kamojang,
2015
Jawa Barat resmi beroperasi pada 26
Januari 2008. • Pengembalian WKP Gunung Iyang
• PLTP Sibayak Unit 1 dan 2 berkapasitas Argopuro dan Kotamobagu kepada
2 x 5 MW yang terletak di WKP Gunung Pemerintah sehingga area kerja
Sibayak-Gunung Sinabung, Sumatera Perseroan menjadi 12 WKP.
Utara resmi beroperasi pada 22 dan 30 • PLTP Kamojang Unit V berkapasitas 35
September 2008. MW mulai beroperasi secara komersial
sejak 29 Juni 2015 dan diresmikan oleh
• PLTP Kamojang Unit 4 with a capacity of Presiden Joko Widodo pada 7 Juli 2015.
60 MW located in WKP Kamojang, West
Java officially operated on 26 January • The return of WKP Gunung Iyang
2008. Argopuro and Kotamobagu to the
• PLTP Sibayak Units 1 and 2 with a Government, reducing the Company’s
capacity of 2 x 5 MW located in WKP WKPs to 12.
Gunung Sibayak-Gunung Sinabung, • PLTP Kamojang Unit V with a capacity of
North Sumatra officially operated on 22 35 MW began commercial operations
and 30 September 2008. on 29 June 2015, and was inaugurated
by President Joko Widodo on 7 July
102 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k 2015.
Page 103
2016 2019
• PLTP Ulubelu Unit 3 dengan kapasitas 55 PLTP Lumut Balai Unit 1 berkapasitas 55 MW
MW beroperasi secara komersial pada 26 beroperasi secara komersial pada September
Juli 2016. 2019.
• PLTP Lahendong Unit 5 dan 6 berkapasitas
2 x 20 MW beroperasi secara komersial PLTP Lumut Balai Unit 1 with a capacity of
pada 15 September dan 9 Desember 55 MW began commercial operations in
Iktisar Kerja
2016. September 2019.
• PLTP Ulubelu Unit 3 with a capacity of 55
MW began commercial operations on 26
•
July 2016.
2021
Performance
PLTP Lahendong Units 5 and 6 with a
capacity of 2 x 20 MW began commercial
Highlights
operations on 15 September and 9
Selesainya proses legal end state Subholding
Iktisar Kerja
December 2016.
Power & Renewable Energy (PNRE).
The completion of the legal end state process
2017 for Subholding of Power & Renewable Energy
(PNRE).
Eseque molorios se consequate
• PLTP Ulubelu Unit 4 yang berkapasitas 55
2022
maximin ni temposa perfersperum
MW resmi beroperasi secara komersial
pada 25 Maret 2017. cum expernam rem inimposam
• PT Geothermal Energi Seulawah didirikan quamus, cuptatio. Nam laRiossit
pada 31 Juli 2017, berupa perusahaan asin enihit aut quos expero bea
patungan antara PGE dengan PT • PT Pertamina
porae dolupti(Persero)
omnimenunjuk
qui PT Pertamina
necum
Pembangunan Aceh (PEMA). Geothermal Energy Kotamobagu (PGE
Kotamobagu) sebagai entitas Anak PGE untuk
• PLTP Ulubelu Unit 4 with a capacity of melaksanakan
Quianient, penugasan
sequatis pengusahaan
re volori ni
55 MW officially began commercial
quo panas bumi di WKP Kotamobagu pada 19
exceseque occabora cupti
operations on 25 March 2017. September 2022.
• PT Geothermal Energi Seulawah was cumende
• Perubahan liquam enihill itatur
status perseroan menjadiOd
terbuka
established on 31 July 2017, a joint venture quamuntuk que sitiumquo
persiapan rencanaendit laboreumum
penawaran
between PGE and PT Pembangunan Aceh volorep
perdanauditam quiam hiliam
saham (Go Public).
(PEMA). sam reriassiti temquam, pembangkit
• Perseroan telah mengembangkan niat.
listrik biner kecil di Area Lahendong,
dengan kapasitas terpasang sebesar 500
2018
kW (net). Proyek ini merupakan bagian
dan implementasi Program Beyond Energy
Perseroan dan telah diselesaikan pada
Desember 2022.
PLTP Karaha Unit 1 berkapasitas 30 MW • PT Pertamina (Persero) appointed PT
beroperasi secara komersial pada 6 April Pertamina Geothermal Energy Kotamobagu
2018. (PGE Kotamobagu) as a Subsidiary of PGE
PLTP Karaha Unit 1 with a capacity of 30 MW to conduct the assignment of geothermal
began commercial operations on 6 April 2018. exploitation in WKP Kotamobagu on 19
September 2022.
• Change in the status of the Company to a
public company for the planned preparation
of initial public offering of shares (Go Public).
• The Company has developed a small binary
power plant in the Lahendong Area, with
an installed capacity of 500 kW (net). This
project is part of the implementation of the
Company’s Beyond Energy program and was
completed in December 2022.
L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a 103
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03 PROFIL PERUSAHAAN
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2023
• Perseroan telah melaksanakan Penawaran Umum Saham Perdana atau Initial Public Offering (IPO)
kepada masyarakat sebanyak 10.350.000.000 (sepuluh miliar tiga ratus lima puluh juta) saham biasa
dengan harga Rp875 per lembar saham. Saham Perseroan tercatat dan diperdagangkan di Bursa Efek
Indonesia dengan kode saham PGEO pada 24 Februari 2023.
• Perseroan menerbitkan surat utang berwawasan hijau (green bond) senilai USD400.000.000 (empat
ratus juta Dolar Amerika Serikat) dengan bunga tetap sebesar 5,15% (lima koma lima belas persen) per
tahun dan jatuh tempo pada April 2028.
• Konsorsium antara Perseroan dan Chevron New Energies Holdings Indonesia Ltd. membentuk Joint
Venture Company, yakni PT Cahaya Anagata Energy untuk pengembangan Wilayah Kerja Panas Bumi
(WKP) Way Ratai, Lampung.
• The Company has conducted an Initial Public Offering (IPO) to the public for 10,350,000,000 (ten billion
three hundred fifty million) common shares at a price of Rp875 per share. The Company’s shares are listed
and traded on the Indonesia Stock Exchange under the ticker code “PGEO” on 24 February 2023.
• The Company issued a green bond worth USD400,000,000 (four hundred million United States Dollars)
with a fixed interest rate of 5.15% (five point fifteen percent) per annum and maturing in April 2028.
• The consortium between the Company and Chevron New Energies Holdings Indonesia Ltd. formed a
Joint Venture Company, namely PT Cahaya Anagata Energy, for the development of the Geothermal
Concession Right Area (WKP) in Way Ratai, Lampung.
2024
• Guna mendukung rencana pengembangan kapasitas terpasang PGE, pada 22 Februari 2024 PGE
dan PT PLN Indonesia Power (“PLN IP”) menandatangani Joint Development Study Agreement (JDSA)
untuk pengembangan pembangkit listrik dengan teknologi co-generation, dengan kapasitas terpasang
(installed capacity) sebesar 230 MW. JDSA tersebut kemudian ditindaklanjuti dengan penandatanganan
Joint Development Agreement (JDA) antara PGE dan PLN IP pada tanggal 30 Mei 2024, untuk
pengembangan pilot project pembangkit listrik dengan menggunakan teknologi co-generation sebesar
45 MW, yang terdiri dari area Lahendong sebesar 15 MW dan area Ulubelu sebesar 30 MW. PGE
dan PLN IP akan membentuk perusahaan patungan (Joint Venture Company), namun kepemilikan saham
dari masing-masing entitas ini masih dalam pembahasan. Consortium Agreement yang menjadi prasyarat
pembentukan Joint Venture Company telah ditandatangani pada 18 September 2024.
• To support PGE’s installed capacity development plan, on 22 February 2024, PGE and PT PLN Indonesia
Power (“PLN IP”) signed a Joint Development Study Agreement (JDSA) on the development of power
plants using co-generation technology, with an installed capacity of 230 MW. The Agreement was
further followed up with the signing of a Joint Development Agreement (JDA) between PGE and PLN IP
on 30 May 2024, to develop 45 MW co-generation power plants pilot project, comprising a 15 MW
power plant in the Lahendong area and a 30 MW power plant in the Ulubelu area. PGE and PLN IP
agreed to form a Joint Venture Company, but their respective share ownership is still under discussion. The
Consortium Agreement, which serves as a prerequisite for the establishment of the Joint Venture Company,
was signed on 18 September 2024.
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VISI, MISI, DAN NILAI-NILAI PERSEROAN
VISION, MISSION, AND CORPORATE VALUES
Dewan Komisaris dan Direksi PGE telah menyetujui visi, The Board of Commissioners and Board of Directors of
misi dan nilai-nilai Perseroan. Nilai-nilai Perseroan PGE have approved the vision, mission, and corporate
ditetapkan dalam Kebijakan Umum Perusahaan yang values. The Corporate values are outlined in the
disetujui oleh seluruh Direksi Perseroan pada tanggal Company’s General Policy, which was approved by all
17 Juli 2023. Corporate Directors on 17 July 2023.
Visi Misi
Vision Mission
MISI
MISSION
VISI
VISION
1. Menciptakan nilai dengan
memaksimalkan pengelolaan
end-to-end potensi panas
bumi beserta produk
“World Class turunannya.
2. Mendukung dan
Green Energy berpartisipasi dalam agenda
dekarbonisasi nasional dan
Company global.
with Largest 1. Create value by maximizing
the end-to-end management
Geothermal of geothermal potential and
its derivative products.
Capacity 2. Support and participate
Globally” in the national and global
decarbonization agenda.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 105
Page 106
03 PROFIL PERUSAHAAN
COMPANY PROFILE
Nilai-nilai Perseroan
Corporate Values
AMANAH Memegang teguh kepercayaan yang telah
diberikan.
TRUSTWORTHY
Commitment to uphold the trust given.
KOMPETEN Terus belajar dan mengembangkan kapabilitas.
COMPETENT Constant commitment to continuous learning and
capability development.
HARMONIS Saling peduli dan menghargai perbedaan.
HARMONY Commitment to mutual care and respect for
differences.
Berdedikasi dan mengutamakan kepentingan
LOYAL bangsa dan negara.
LOYAL Constant dedication and priority for the interests
of the nation and state.
Terus berinovasi dan antusias dalam
ADAPTIF menggerakan ataupun menghadapi perubahaan.
ADAPTIVE Commitment to continuous innovation and
enthusiasm in driving or facing changes.
KOLABORATIF Membangun kerja sama yang sinergis.
COLLABORATIVE Constant spirit embodiment to fostering
synergistic cooperation.
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KEGIATAN USAHA
BUSINESS ACTIVITIES
Kegiatan Usaha Perseroan Company’s Business Activities based
Berdasarkan Anggaran Dasar on Articles of Association
PGE menjalankan usaha dan kegiatan di bidang panas PGE runs business and activities in the geothermal
bumi sesuai dengan anggaran dasar Perseroan. sector as outlined in the Company’s Articles of
Berdasarkan Pasal 3 Anggaran Dasar, Perseroan Association. Pursuant to Article 3 of the Articles of
didirikan dengan maksud untuk menyelenggarakan Association, the Company was established with the
usaha di bidang panas bumi dari sisi hulu dan/atau sisi aim of running business in the geothermal sector from
hilir, baik di dalam maupun di luar negeri, serta the upstream and/or downstream sides, both at home
kegiatan usaha lain yang terkait atau menunjang and abroad, as well as other business activities related
kegiatan usaha di bidang panas bumi tersebut dengan to or supporting business activities in the geothermal
menerapkan prinsip-prinsip Perseroan. sector by applying the Company’s principles.
Kegiatan Usaha Perseroan Pada The Company’s Business Activities
Tahun Buku for the Fiscal Year 2024
Kegiatan Usaha Utama Main Business Activities
Kegiatan usaha utama PGE berupa pengusahaan The main business activity of PGE is geothermal
panas bumi untuk pemanfaatan tidak langsung, exploitation for indirect utilization, covering:
meliputi:
Pengusahaan Tenaga Panas Bumi
Geothermal Energy Exploitation
Kode/Code KBLI_06202
Menyelenggarakan usaha pencarian dan pengeboran tenaga panas bumi termasuk
lokasi di kawasan hutan, dan kegiatan lain yang berhubungan dengan pengusahaan
tenaga panas bumi sampai ke tempat pemanfaatannya.
Conduct the geothermal power prospecting and drilling efforts including locations in
forest areas and other activities related to the exploitation of geothermal energy to
the place of utilization.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 107
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03 PROFIL PERUSAHAAN
COMPANY PROFILE
Pengusahaan Tenaga Listrik
Power Generation
Kode/Code KBLI_35111
Menyelenggarakan usaha memproduksi tenaga listrik melalui pembangkitan tenaga
listrik yang menggunakan berbagai jenis sumber energi termasuk sumber energi fosil
(batu bara, gas, bahan bakar minyak, dan diesel), sumber energi terbarukan (panas
bumi, angin, bioenergi, sinar matahari, aliran dan terjunan air, gerakan dan perbedaan
suhu lapisan laut), sumber energi hybrid yang menggabungkan sumber energi fosil
dengan energi terbarukan, dan energi yang berasal dari teknologi energy storage.
Conduct efforts to producing electricity through electric power generation that uses various
types of energy sources including fossil energy sources (coal, gas, fuel oil, and diesel),
renewable energy sources (geothermal, wind, bioenergy, sunlight, water flow and fall,
movement, and temperature differences of the ocean layers), hybrid energy sources that
combine fossil energy sources with renewable energy, and energy derived from energy
storage technology.
Kegiatan Usaha Pendukung/ Supporting Business Activities
Penunjang
Kegiatan usaha pendukung/ penunjang merupakan The activities include geothermal exploitation for
pengusahaan panas bumi untuk pemanfaatan direct utilization:
langsung, antara lain:
Menyelenggarakan usaha yang Menyelenggarakan usaha Jasa pengujian laboratorium.
menyediakan tempat dan fasilitas. industri kimia.
Provide laboratory
Run a business that provides Run a chemical industry testing services.
premises and facilities. business.
Industri alat uji dalam proses industri. Aktivitas keinsinyuran dan Agrobisnis.
Run an industrial in-process testing konsultasi teknis. Run Agrobusiness
equipment industry.
Provide engineering and
related business activities
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Produk dan Jasa Dihasilkan dari Company’s Business Activities based
Kegiatan Usaha on Articles of Association
Perseroan menghasilkan produk dari kegiatan usaha The products generated by the Company from its
yang dijalankan, yaitu: business activities consist of:
1. Uap (Skema Upstream Project) 1. Steam (Upstream Project Scheme)
Dalam skema Upstream Project, Perseroan In the Upstream Project scheme, the Company acts
berperan sebagai penjual uap panas bumi yang as a seller of geothermal steam to be distributed to
disalurkan ke Pembangkit Listrik Tenaga Panas PLTP owned by buyers, namely PT PLN (Persero),
Bumi (PLTP) milik pembeli, PT Perusahaan Listrik PT Indonesia Power, and independent power
Negara (Persero) atau PLN, PT Indonesia Power, producer (IPP) PT Dizamatra Powerindo. The
serta produsen listrik independen (Independent relations between the Company and the buyers
Power Producer atau IPP) seperti PT Dizamatra are documented in a steam sales and purchase
Powerindo. Hubungan antara Perseroan dan para agreement (PJBU).
pembeli tersebut diatur melalui Perjanjian Jual Beli
Uap (PJBU).
2. Listrik (Skema Total Project) 2. Electricity (Total Project Scheme)
Dalam skema Total Project, Perseroan berperan In the Total Project scheme, the Company acts as
sebagai penjual tenaga listrik yang dihasilkan dari a seller of electricity generated from the Company’s
Pembangkit Listrik Tenaga Panas Bumi (PLTP) milik PLTP, to be distributed to the transmission/
Perseroan, untuk disalurkan melalui jaringan distribution network owned by PT PLN (Persero) as
transmisi atau distribusi milik PT PLN (Persero) the buyer. The relations between the Company
sebagai pembeli. Hubungan antara Perseroan dan and PT PLN (Persero) are documented in a power
PT PLN (Persero) diatur melalui Perjanjian Jual Beli sales and purchase agreement (PJBL).
Tenaga Listrik (PJBL).
3. Kredit Karbon 3. Carbon Credits
PGE berperan sebagai penyedia kredit karbon di PGE offers carbon credits to international and
pasar internasional maupun domestik melalui domestic markets through the Indonesia Carbon
Bursa Karbon Indonesia (IDXCarbon). Exchange (IDXCarbon).
2024 Annual Report PT Pertamina Geothermal Energy Tbk 109
Page 110
03 PROFIL PERUSAHAAN
COMPANY PROFILE
Produksi Uap dan Listrik dari Pengelolaan Sendiri (Own Operations)
Steam and Electricity Production from Own Operations
Realisasi Produksi
Tanggal Operasi
Penjualan Kapasitas (MWh)
Wilayah Kerja Komersial
Unit Produk Terpasang (MW) Production
Work Area Installed Capacity (MW) Date of Commercial
Product Sold Realization in
Operations
(MWh)
Kamojang, Uap 28 Januari 1983
1 30 229.082
Jawa Barat Steam 28 January 1983
West Java
Uap 2 Oktober 1987
2 55 417.816
Steam 2 October 1987
Uap 15 November 1987
3 55 419.730
Steam 15 November 1987
Listrik 2 Oktober 1987
4 60 446.281
Electricity 2 October 1987
Listrik 29 Juni 2015
5 35 271.538
Electricity 29 June 2015
TOTAL 235 1.784.447
Lahendong,
Uap 21 Agustus 2001
Sulawesi Utara 1 20 132.087
Steam 21 August 2001
North Sulawesi
Uap 19 Juni 2007
2 20 146.034
Steam 19 June 2007
Uap 7 April 2009
3 20 116.793
Steam 7 April 2009
Uap 23 Desember 2015
4 20 155.032
Steam 23 December 2015
Listrik 15 September 2016
5 20 160.630
Electricity 15 September 2016
Listrik 9 Desember 2016
6 20 161.771
Electricity 9 December 2016
TOTAL 120 872.346
Sibayak, Uap 22 September 2008
1 5 0
Sumatera Utara Steam 22 September 2008
North Sumatra
Uap 22 September 2008
2 5 0
Steam 22 September 2008
Listrik 8 Agustus 1996
Monoblok 2 0
Electricity 8 August 1996
TOTAL 12 0
Ulubelu, Uap 16 September 2012
1 55 409.000
Lampung Steam 16 September 2012
Uap 24 Oktober 2012
2 55 357.994
Steam 24 October 2012
Listrik 26 Juli 2016
3 55 410.922
Electricity 26 July 2016
Listrik 25 Maret 2017
4 55 415.782
Electricity 25 March 2017
TOTAL 220 1.593.697
110 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Karaha,
Listrik 6 April 2018
Jawa Barat 1 30 94.666
Electricity 6 April 2018
West Java
TOTAL 30 94.666
Lumut Balai
Listrik 1 September 2019
Sumatera Selatan 1 55 482.064
Electricity 1 September 2019
South Sumatra
TOTAL 55 482.064
GRAND TOTAL 672 4.827.221
KREDIT KARBON
CARBON CREDITS
Pengelolaan proyek kredit karbon merupakan bagian The management of carbon credit projects is part of
dari komitmen PGE dalam memanfaatkan panas bumi PGE’s commitment to leveraging geothermal energy
sebagai sumber energi rendah emisi sejak tahun 2011. as a low-emission energy source since 2011.
Dengan jejak karbon hingga 10 kali lebih rendah With a carbon footprint up to 10 times lower than
dibandingkan pembangkit listrik sumber daya tak non-renewable power plants, geothermal electricity is
terbarukan, energi listrik dari panas bumi menjadi a real manifestation of PGE’s contribution to reducing
wujud nyata kontribusi PGE terhadap pengurangan global emissions.
emisi global.
Perseroan mulai menyediakan kredit karbon di pasar The Company began providing carbon credits in the
internasional, khususnya di Eropa, setelah memperoleh international market, particularly in Europe, once
sertifikasi Certified Emission Reduction (CER) dan obtaining Certified Emission Reduction (CER) and Gold
Gold Standard (GS) CER di tahun 2022. Sertifikasi Standard (GS) CER certification in 2022. The
tersebut diberikan untuk proyek Clean Development certification was given for the Clean Development
Mechanism (CDM) di Area Ulubelu Unit 3 dan 4 Mechanism (CDM) project in Ulubelu Area Units 3 and
sebesar 1.549.663 ton CO2eq, serta Area Karaha 4 amounting to 1,549,663 tons of CO2eq, and Karaha
Unit 1 sebesar 192.809 ton CO2eq. Area Unit 1 amounting to 192,809 tons of CO2eq.
Gold Standard CDM yang merupakan premium label Gold Standard CDM - a premium label in assessing the
dalam menilai kualitas dan manfaat proyek terhadap quality and usefulness of a project for sustainable
pembangunan berkelanjutan, menjadi pencapaian development - is an important achievement for the
penting bagi Perseroan karena merupakan sertifikasi Company because it is the first Gold Standard CDM
Gold Standard CDM pertama dalam sektor geotermal certification in the geothermal sector in the country.
di Indonesia.
Seiring dengan berdirinya Bursa Karbon Indonesia (IDX Following the establishment of the Indonesia Carbon
Carbon) pada 26 September 2023, Perseroan Exchange (IDX Carbon) on 26 September 2023, the
berperan menjadi perusahaan pertama penyedia Company serves as the first carbon provider. Trades at
karbon. Perdagangan di IDX Carbon ini melibatkan IDXCarbon involve the Lahendong project (Units 5 and
proyek Lahendong (Unit 5 dan 6) yang merupakan 6), which is a result of the cooperation between PGE
hasil kerja sama PGE dengan Pertamina NRE sejak and Pertamina NRE since April 2023. Total carbon
April 2023. Total karbon yang diterbitkan 864.209 ton issued is 864,209 tons of CO2eq Verified Carbon Unit
CO2eq Verified Carbon Unit (VCU) dan hingga 31 (VCU) and until 31 December 2024, 863,295 tons of
Desember 2024, telah terjual sebanyak 863.295 ton CO2eq VCU have been sold. The sale of carbon credits
CO2eq VCU. Penjualan kredit karbon ini dilakukan is made by Pertamina NRE as Subholding Power &
oleh Pertamina NRE sebagai Subholding Power & New New Renewable Energy, with PGE acting as a carbon
Renewable Energy, sementara PGE berperan sebagai supply provider.
penyedia pasokan karbon.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 111
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03 PROFIL PERUSAHAAN
COMPANY PROFILE
WILAYAH KERJA PANAS BUMI
GEOTHERMAL WORKING AREA
PGE mengelola Wilayah Kuasa Pengusahaan (WKP) PGE managed the Geothermal Working Area (WKP)
panas bumi dengan kapasitas terpasang sebesar with a total installed capacity of 1,878 MW, comprising
1.878 MW, yang terdiri dari 673 MW untuk WKP 673 MW of Own Operations WKP and 1,205 MW
yang Dikelola Sendiri (Own Operations) dan 1.205 through Joint Operation Contract (JOC).
MW melalui Kontrak Operasi Bersama (KOB) atau
Joint Operation Contract (JOC).
55MW
Lumut balai Unit 1
1X55MW
1X55MW Lumut balai Unit 2
Sungai Penuh Sumatra Selatan
Jambi South Sumatra
1X55MW
Lumut balai Unit 3
Sumatra Selatan
South Sumatra
381MW
JOC Gn. Salak
Jawa Barat
West Java
30MW
Karaha Unit 1
Seulawah Jawa Barat
Aceh West Java
12MW
Sibayak
Sumatra Utara
North Sumatra
230,5MW
JOC Wayang Windu
Jawa Barat
West Java
330MW
JOC Sarulla 274,5MW
Sumatra Utara JOC Darajat
North Sumatra Jawa Barat
West Java
55MW
Hululais Unit 1
55MW
Hululais Unit 2 Way Ratai
Bengkulu Lampung 235MW
Kamojang unit 1-5
Jawa Barat
West Java
220MW
Bukit Daun Ulubelu unit 1-4
Bengkulu Lampung
JOC Bedugul
Bali
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88%
673 MW
120MW kapasitas terpasang panas
KAPASITAS TERPASANG
Lahendong unit 1-6 bumi di Indonesia berada di
YANG DIKELOLA SENDIRI
Sulawesi Utara Wilayah Kerja Panas Bumi PGE
North Sulawesi
OWN OPERATIONS
of geothermal installed capacity
2x20MW INSTALLED CAPACITY
Lahendong unit 7-8 in Indonesia is within PGE
Sulawesi Utara Geothermal Working Areas
North Sulawesi
Kotamobagu Operasi Sendiri Ekslorasi
Sulawesi Utara Own Operation Exploration
North Sulawesi
Pengembangan Operasi Bersama
Development Join Operation Contract
Hingga 31 Desember 2024, Perseroan mengelola 15 As of 31 December 2024, the Company managed 15
Wilayah Kerja (WK) yang terdiri dari 12 WKP, dua Working Areas (WK), comprising 12 Geothermal
Wilayah Kerja Izin Panas Bumi (IPB) dan satu Wilayah Working Areas (WKP), two Geothermal Permit (IPB)
Kerja IPB dengan Usaha Gabungan (Joint Venture). Working Areas and one IPB Working Area with a Joint
Seluruh wilayah kerja tersebar di Sumatera, Jawa, Venture. All WKPs are located in Sumatra, Java, Bali,
Bali, dan Sulawesi. and Sulawesi.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 113
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03 PROFIL PERUSAHAAN
COMPANY PROFILE
Dasar Hukum
Status WKP
Legal Basis
WKP yang Dikelola Sendiri 1. Kamojang-Darajat Kepmen ESDM No. 2067 K/30/MEM/2012
(Own Operations) 2. Cibeureum-Parabakti tanggal 18 Juni 2012.
Own Operations Geothermal 3. Lahendong Decree of the Minister of EMR No. 2067 K/30/
Working Areas (WKPs) 4. Pangalengan MEM/2012 dated 18 June 2012.
5. Tabanan
6. Karaha Cakrabuana
7. Gunung Sibayak-
Gunung Sinabung
8. Gunung Sibual-buali
9. Gunung Way Panas
10. Sungai Penuh
11. Lumut Balai &
Margabayur
12. Hululais
Wilayah Kerja Berdasarkan Seulawah Agam Keputusan Kepala Badan Koordinasi Penanaman
Izin Panas Bumi (IPB) Modal No. 1/1/IPB/ PMDN/2018 tanggal 9
April 2018. WKP dikelola oleh PT Geothermal
Geothermal Working Areas Energi Seulawah selaku perusahaan patungan
(WKP) under Geothermal Permit antara PGE dengan PT Pembangunan Aceh
(IPB)
(PEMA).
Decree of the Head of the Investment Coordinating
Board No. 1/1/IPB/PMDN/2018 dated 9 April 2018.
The Geothermal Working Area (WKP) is managed by PT
Geothermal Energi Seulawah, a joint venture between
PGE and PT Pembangunan Aceh (PEMA).
Wilayah Kerja Berdasarkan Kotamobagu Keputusan Menteri ESDM No.143/K/36/
IPB dan Merupakan MEM/2020 tanggal 3 Agustus 2020 juncto
Penugasan PT Pertamina Keputusan Menteri ESDM No. 14.K/EK/01/
(Persero) MEM.E/2022 tanggal 20 Januari 2022. WKP
dikelola oleh PT Pertamina Geothermal Energy
Geothermal Working Areas Kotamobagu selaku Anak Perusahaan PGE.
(WKP) under Geothermal Permit
(IPB) and is assigned by PT Decree of the Minister of EMR No. 143/K/36/
Pertamina (Persero) MEM/2020 dated 3 August 2020 juncto Decree of
the Minister of EMR No. 14.K/EK/01/MEM.E/2022
dated 20 January 2022. The Geothermal Working Area
(WKP) is managed by PT Pertamina Geothermal Energy
Kotamobagu, a subsidiary company of PGE.
Wilayah Kerja Berdasarkan Way Ratai PT Cahaya Anagata Energy yang merupakan
IPB dengan Usaha perusahaan konsorsium antara Perseroan dan
Gabungan Chevron New Energies Holdings Indonesia Ltd.
ditetapkan sebagai pemenang pelelangan WKP
Geothermal Working Area Way Ratai melalui Keputusan Menteri Energi dan
(WKP) under Geothermal Permit Sumber Daya Mineral Nomor 118.K/EK.01/
(IPB) and Joint Venture scheme
MEM/2023 tanggal 12 Juni 2023.
PT Cahaya Anagata Energy, a consortium company
between the Company and Chevron New Energies
Holdings Indonesia Ltd., was appointed as the winner
of the WKP Way Ratai auction through Decree of the
Minister of EMR No. 118.K/EK.01/MEM/2023 dated
12 June 2023.
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WKP yang Dikelola Sendiri Own Operations WKP
WKP yang Dikelola Sendiri (Own Operations) PGE Own Operations WKP of PGE consists of 6 (six) fields
mencakup enam lapangan yang telah beroperasi that are already in commercial operations with a
secara komersial dengan total kapasitas terpasang total installed capacity of 673 MW. The six fields are
sebesar 673 MW. Enam lapangan tersebut meliputi Kamojang (235 MW), Ulubelu (220 MW), Lahendong
Kamojang (235 MW), Ulubelu (220 MW), Lahendong (120 MW), as well as binary plant of 0.5 MW for own
(120 MW) serta binary plant sebesar 0,5 MW untuk use, Sibayak (12 MW), Karaha (30 MW), and Lumut
kebutuhan sendiri (own use), Sibayak (12 MW), Balai (55 MW).
Karaha (30 MW) dan Lumut Balai (55 MW).
Hingga akhir tahun 2024 PGE tengah mengerjakan PGE is working on four development projects by the
empat proyek pengembangan yaitu Lumut Balai Unit 2 end of 2024, namely Lumut Balai Unit 2 (55 MW),
(55 MW), Hululais Unit 1 dan 2 (110 MW), serta Hululais Units 1 and 2 (110 MW), and Lahendong
Lahendong Unit 7 dan 8 (40 MW). Sementara itu, Units 7 and 8 (40 MW). Meanwhile, there are other
terdapat lapangan-lapangan lain yang masih dalam fields that are still in the exploration stage, namely
tahap eksplorasi, yakni Gunung Tiga, Bunbun, Tanjung Gunung Tiga, Bunbun, Tanjung Tiga, Seulawah, Sungai
Tiga, Seulawah, Sungai Penuh, Kotamobagu, dan Penuh, Kotamobagu, and Way Ratai.
Way Ratai.
Sebagai bagian dari rencana pengembangan, pada On 22 February 2024, as part of the development
22 Februari 2024 PGE dan PT PLN Indonesia Power plan, PGE and PT PLN Indonesia Power (“PLN IP”)
(“PLN IP”) menandatangani Joint Study Development signed a Joint Study Development Agreement (JSDA)
Agreement (JSDA) untuk pengembangan pembangkit for the development of a power plant with co-generation
listrik dengan teknologi co-generation, dengan technology, with an installed capacity of 230 MW.
kapasitas terpasang (installed capacity) sebesar 230
MW.
JSDA tersebut kemudian ditindaklanjuti dengan The JSDA was then followed up with the signing of a
penandatanganan Joint Development Agreement (JDA) Joint Development Agreement (JDA) between PGE and
antara PGE dan PLN IP pada tanggal 30 Mei 2024, PLN IP on 30 May 2024, for the development of a pilot
untuk pengembangan pilot project pembangkit listrik project for a power plant using co-generation
dengan menggunakan teknologi co-generation sebesar technology of 45 MW, comprising the Lahendong area
45 MW, yang terdiri dari area Lahendong sebesar 15 of 15 MW and Ulubelu area of 30 MW.
MW dan area Ulubelu sebesar 30 MW.
Ke depannya, PGE dan PLN IP akan membentuk Going forward, PGE and PLN IP will form a joint
perusahaan patungan (Joint Venture Company), namun venture company, but the share ownership of each
kepemilikan saham dari masing-masing entitas ini masih entity is still under discussion. The Consortium
dalam pembahasan. Consortium Agreement yang Agreement, which is a prerequisite for the formation of
menjadi prasyarat pembentukan Joint Venture Company the Joint Venture Company, was signed
telah ditandatangani pada 18 September 2024. on 18 September 2024.
WKP yang Dikelola Melalui WKP Managed through Joint
Kontrak Operasi Bersama (KOB) Operation Contract (JOC)
Hingga akhir tahun 2024 PGE memiliki WKP yang PGE has five WKPs managed through Joint Operation
dikelola melalui KOB atau Joint Operation Contract Contract (JOC) as of the end of 2024. Four fields are
(JOC) sebanyak lima lapangan. Empat lapangan already in commercial operations, namely Gunung
sudah beroperasi komersial yaitu Gunung Salak (377 Salak (377 MW), Darajat (271 MW), Wayang-Windu
MW), Darajat (271 MW), Wayang-Windu (227 MW), (227 MW), Sarulla (330 MW), and one field is in the
Sarulla (330 MW), dan satu lapangan dalam tahap exploration stage, namely in the Bedugul area, Bali.
eksplorasi yaitu di wilayah Bedugul, Bali.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 115
Page 116
03 PROFIL PERUSAHAAN
COMPANY PROFILE
STRUKTUR ORGANISASI
ORGANIZATIONAL STRUCTURE
Rapat Umum Pemegang Saham (RUPS)
General Meeting Of Shareholders (GMS)
Direktur Utama
President Director
Julfi Hadi
Executive Secretary
Fahlia Rosalina
Fahlia Rosalina
Direktur Eksplorasi dan Direktur Operasi Direktur Keuangan Sekretaris Perusahaan
Pengembangan Director of Operations Director of Finance Corporate Secretary
Director of Exploration and
Development
Edwil Suzandi Ahmad Yani Edwil Suzandi Kitty Andhora
Vice President Vice President General Manager Vice President Vice President
Business Operation & Area Kamojang Planning & Risk HSSE
Development Engineering Management
Fifi Andi Joko Nugroho Rachmat Harahap Lia Ayu Paramita Uus Rahmat Kurniawan
Vice President Vice President General Manager Vice President Vice President
Geoscience Drilling & Services Area Lahendong Corporate Finance Human Capital &
& Risk Management Business Support
Jayanti Anggraini Tesha Albertus Novi Purwono Vacant Elvie Qorina
Vice President General Manager Vice President Chief Audit
Project Development Area Ulubelu Controling & Excutive
Reporting
Edim Toto Sinulingga Hadi Suranto Promono Agungnugroho Elise
Vice President General Manager Manager Investor Manager Legal &
Reservoir Area Lumut Balai Relation Compliance
Fernando Pasaribu Catur H. U. Sukristiono Ronald A. Hutagalung Achmad Nirwana Irwan
General Manager
Area Karaha
Yanuaris Dwi Cahyono
116 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Berdasarkan Surat Keputusan Direksi No. 084 tanggal Pursuant to Decree of the Board of Directors
22 Desember 2022, Struktur Organisasi Perseroan No. 084 dated 22 December 2022, the Company’s
hingga 31 Desember 2024 adalah: Organizational Structure as of 31 December 2024 is
as follows:
Komisaris Utama/Komisaris
Independen
President Commissioner/
Independent Commissioner
Sarman Simanjorang
Sekretaris Dewan
Komisaris
Secretary to the Board of
Commissioners
Anna Muslikhah Jamil
Komisaris Independen Ketua Komite Komisaris selaku Ketua Komisaris Komisaris
selaku Ketua Komite Nominasi Komite Investasi dan Independen Commissioner
Audit dan Remunerasi Manajemen Risiko Independent
Independent Chair of the Commissioner as Chair Commissioner
Commissioner as Chair Nomination and of Investment and
of the Audit Committee Remuneration Risk Management
Committee Committee
Abdulla Zayed
Sarman Simanjorang Gigih Udi Atmo Abdul Musawir Yahya John Anis
Anggota Komite Anggota Komite Anggota Komite
Audit Nominasi Investasi dan
Audit Committee dan Remunerasi Manajemen Risiko
Member Nomination and Investment and
Remuneration Risk Management
Committee Member Committee Member
Abdul Musawir Yahya David Marito Saragih Andree Mulia
Turnip
Anggota Komite Anggota Komite
Audit Nominasi
Audit Committee dan Remunerasi
Member Nomination and
Remuneration
Committee Member
Qatro Romandhi Purwitohadi
Anggota Komite
Audit
Audit Committee
Member
Rafi Rakhmadhan
2024 Annual Report PT Pertamina Geothermal Energy Tbk 117
Page 118
03 PROFIL PERUSAHAAN
COMPANY PROFILE
SUSUNAN DEWAN KOMISARIS DAN DIREKSI
COMPOSITION OF THE BOARD OF COMMISSIONERS AND
THE BOARD OF DIRECTORS
Berdasarkan Surat Keputusan Direksi No. 084 tanggal Pursuant to Decree of the Board of Directors
22 Desember 2022, Struktur organisasi Perseroan No. 084 dated 22 December 2022, the Company’s
hingga 31 Desember 2024 adalah: Organizational Structure as of 31 December 2024 is
as follows:
Dewan Komisaris
Board Of Commissioners
Periode Masa
Nama Jabatan Dasar Pengangkatan
Jabatan
Name Position Basis of Appointment
Term of Office
Periode Januari - Mei 2024
Period of January - May 2024
Sarman Simanjorang Komisaris Utama/Komisaris Keputusan RUPS Sirkuler tanggal 23 23 Oktober 2020 - 25 Februari
Independen Oktober 2020 yang dinyatakan dalam 2022 (periode pertama)
Akta Notaris No. 3 tanggal 12 November
President Commissioner/ 2020 (Periode Pertama) 25 Februari 2022 – Februari
Independent Commissioner Keputusan RUPS Sirkuler tanggal 25 2025 (periode kedua)
Februari 2022 yang dinyatakan dalam
Akta Notaris No. 1 tanggal 1 Maret 23 October 2020 – 25 February
2022 (Periode Kedua) 2022 (first term)
Circular GMS Resolution dated 23 25 February 2022 – February
October 2020, as stated in the Notarial 2025 (second term)
Deed No. 3 dated 12 November 2020
(First Term)
Circular GMS Resolution dated 25
February 2022, as stated in the Notarial
Deed No. 1 dated 1 March 2022 (Second
Term)
Sujit S. Parhar Komisaris Independen Keputusan RUPST tanggal 5 Juni 2023 5 Juni 2023 - 28 Mei 2024
yang dinyatakan dalam Akta Notaris
Independent Commissioner No. 11 tanggal 8 Juni 2023 5 Juni 2023 - 28 Mei 2024
AGMS Resolution dated 5 June 2023,
as stated in the Notarial Deed No. 11
dated 8 June 2023
Dannif Danusaputro Komisaris Keputusan RUPST tanggal 5 Juni 2023 5 Juni 2023 - 28 Mei 2024
yang dinyatakan dalam Akta Notaris No.
Commissioner 11 tanggal 8 Juni 2023 5 Juni 2023 - 28 Mei 2024
AGMS Resolution dated 5 June 2023,
as stated in the Notarial Deed No. 11
dated 8 June 2023
Harris Komisaris Keputusan RUPS Sirkuler tanggal 25 25 Februari 2022 –
Februari 2022 yang dinyatakan dalam 31 Juli 2024
Commissioner Akta Notaris No. 1 Tanggal 1 Maret 2022
25 February 2022 –
Circular GMS Resolution dated 25 31 July 2024
February 2022, as stated in the Notarial
Deed No. 1 dated 1 March 2022
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Periode Masa
Nama Jabatan Dasar Pengangkatan
Jabatan
Name Position Basis of Appointment
Period
Periode Mei – Juli 2024
Period of May – July 2024
Sarman Simanjorang Komisaris Utama/Komisaris Keputusan RUPS Sirkuler tanggal 23 23 Oktober 2020 - 25 Februari
Independen Oktober 2020 yang dinyatakan dalam 2022 (periode pertama)
Akta Notaris No. 3 tanggal 12 November
President Commissioner/ 2020 (Periode Pertama) Keputusan RUPS 25 Februari 2022 – Februari
Independent Commissioner Sirkuler tanggal 25 Februari 2022 yang 2025 (periode kedua)
dinyatakan dalam Akta Notaris No. 1
tanggal 1 Maret 2022 (Periode Kedua) 23 October 2020 – 25 February
2022 (first term)
Circular GMS Resolution dated 23
October 2020, as stated in the Notarial 25 February 2022 – February
Deed No. 3 dated 12 November 2020 2025 (second term)
(First Term)
Circular GMS Resolution dated 25
February 2022, as stated in the Notarial
Deed No. 1 dated 1 March 2022 (Second
Term)
Abdulla Zayed Komisaris Independen Keputusan RUPST tanggal 28 Mei 2024 28 Mei 2024 – Mei 2027
yang dinyatakan dalam Akta Notaris
Independent Commissioner No. 71 tanggal 28 Mei 2024 28 May 2024 – May 2027
AGMS Resolution dated 28 May 2024, as
stated in the Notarial Deed No. 71 dated
28 May 2024
John Anis Komisaris Keputusan RUPST tanggal 28 Mei 2024 28 Mei 2024 – Mei 2027
yang dinyatakan dalam Akta Notaris
Commissioner No. 71 tanggal 28 Mei 2024 28 May 2024 – May 2027
AGMS Resolution dated 28 May 2024, as
stated in the Notarial Deed No. 71 dated
28 May 2024
Harris Komisaris Keputusan RUPS Sirkuler tanggal 25 25 Februari 2022 –
Februari 2022 yang dinyatakan dalam 31 Juli 2024
Commissioner Akta Notaris No. 1 Tanggal 1 Maret 2022
25 February 2022 –
31 July 2024
Circular GMS Resolution dated 25
February 2022, as stated in the Notarial
Deed No. 1 dated 1 March 2022
Periode Agustus – Desember 2024
Period of August – December 2024
Sarman Simanjorang Komisaris Utama/Komisaris Keputusan RUPS Sirkuler tanggal 23 23 Oktober 2020 - 25 Februari
Independen Oktober 2020 yang dinyatakan dalam 2022 (periode pertama)
Akta Notaris No. 3 tanggal 12 November
President Commissioner/ 2020 (Periode Pertama) Keputusan RUPS 25 Februari 2022 – Februari
Independent Commissioner Sirkuler tanggal 25 Februari 2022 yang 2025 (periode kedua)
dinyatakan dalam Akta Notaris No. 1
tanggal 1 Maret 2022 (Periode Kedua) 23 October 2020 – 25 February
2022 (first term)
Circular GMS Resolution dated 23
October 2020, as stated in the Notarial 25 February 2022 – February
Deed No. 3 dated 12 November 2020 2025 (second term)
(First Term)
Circular GMS Resolution dated 25
February 2022, as stated in the Notarial
Deed No. 1 dated 1 March 2022 (Second
Term)
Abdulla Zayed Komisaris Independen Keputusan RUPST tanggal 28 Mei 2024 28 Mei 2024 – Mei 2027
yang dinyatakan dalam Akta Notaris
Independent Commissioner No. 71 tanggal 28 Mei 2024 28 May 2024 – May 2027
AGMS Resolution dated 28 May 2024, as
stated in the Notarial Deed No. 71 dated
28 May 2024
2024 Annual Report PT Pertamina Geothermal Energy Tbk 119
Page 120
03 PROFIL PERUSAHAAN
COMPANY PROFILE
Periode Masa
Nama Jabatan Dasar Pengangkatan
Jabatan
Name Position Basis of Appointment
Period
Abdul Musawir Yahya Komisaris Independen Keputusan RUPS Luar biasa tanggal 31 31 Juli 2024 – Juli 2027
Juli 2024 yang dinyatakan dalam Akta
Independent Commissioner Notaris No. 8 Tanggal 8 Agustus 2024 31 July 2024 – July 2027
EGMS Resolution dated 31 July 2024, as
stated in the Notarial Deed No. 8 dated 8
August 2024
John Anis Komisaris Keputusan RUPST tanggal 28 Mei 2024 28 Mei 2024 – Mei 2027
yang dinyatakan dalam Akta Notaris
Commissioner No. 71 tanggal 28 Mei 2024 28 May 2024 – May 2027
AGMS Resolution dated 28 May 2024, as
stated in the Notarial Deed No. 71 dated
28 May 2024
Gigih Udi Atmo Komisaris Keputusan RUPS Luar biasa tanggal 31 31 Juli 2024 – Juli 2027
Juli 2024 yang dinyatakan dalam Akta
Commissioner Notaris No. 8 Tanggal 8 Agustus 2024 31 July 2024 – July 2027
EGMS Resolution dated 31 July 2024, as
stated in the Notarial Deed No. 8 dated 8
August 2024
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Direksi
Board of Directors
Periode Masa
Nama Jabatan Dasar Pengangkatan
Jabatan
Name Position Basis of Appointment
Term of Office
Periode Januari - Februari 2024
Period of January - February 2024
Julfi Hadi Direktur Utama Keputusan RUPST tanggal 5 Juni 2023 5 Juni 2023 – 31 Desember 2024
yang dinyatakan dalam Akta Notaris No.
President Director 11 tanggal 8 Juni 2023 5 June 2023 – 31 December 2024
AGMS Resolution dated 5 June 2023, as
stated in the Notarial Deed No. 11 dated
8 June 2023
Ahmad Yani Direktur Operasi Keputusan RUPST tanggal 5 Juni 2023 5 Juni 2023 – 31 Desember 2024
yang dinyatakan dalam Akta Notaris No.
Director of Operations 11 tanggal 8 Juni 2023 5 June 2023 – 31 December 2024
AGMS Resolution dated 5 June 2023, as
stated in the Notarial Deed No. 11 dated
8 June 2023
Rachmat Hidajat Direktur Eksplorasi dan Keputusan RUPS Sirkuler tanggal 21 21 Maret 2022 - 28 Mei 2024
Pengembangan Maret 2022 yang dinyatakan dalam Akta
Notaris No 31 Tanggal 24 Maret 2022 21 March 2022 – 28 May 2024
Director of Exploration and
Development Circular GMS Resolution dated 21 March
2022, as stated in the Notarial Deed No.
31 dated 24 March 2022
Nelwin Aldriansyah Direktur Keuangan Keputusan RUPS Sirkuler tanggal 15 15 Februari 2021 - 12 Februari
Februari 2021 yang dinyatakan dalam 2024
Director of Finance Akta Notaris No. 32 tanggal 26 Februari
2021 15 February 2021 – 12 February
2024
Circular GMS Resolution dated 15
February 2021, as stated in the Notarial
Deed No. 32 dated 26 February 2021
Periode Februari – Mei 2024
Period of February – May 2024
Julfi Hadi Direktur Utama Keputusan RUPST tanggal 5 Juni 2023 5 Juni 2023 – 4 Juni 2024
yang dinyatakan dalam Akta Notaris No.
President Director 11 tanggal 8 Juni 2023 5 June 2023 – 31 June 2024
AGMS Resolution dated 5 June 2023, as
stated in the Notarial Deed No. 11 dated
8 June 2023
Ahmad Yani Direktur Operasi Keputusan RUPST tanggal 5 Juni 2023 5 Juni 2023 – 4 Juni 2024
yang dinyatakan dalam Akta Notaris No.
Director of Operations 11 tanggal 8 Juni 2023 5 June 2023 – 4 June 2024
AGMS Resolution dated 5 June 2023, as
stated in the Notarial Deed No. 11 dated
8 June 2023
2024 Annual Report PT Pertamina Geothermal Energy Tbk 121
Page 122
03 PROFIL PERUSAHAAN
COMPANY PROFILE
Periode Masa
Nama Jabatan Dasar Pengangkatan
Jabatan
Name Position Basis of Appointment
Period
Rachmat Hidajat Direktur Eksplorasi dan Keputusan RUPS Sirkuler tanggal 21 21 Maret 2022 - 28 Mei 2024
Pengembangan Maret 2022 yang dinyatakan dalam Akta
Notaris No 31 Tanggal 24 Maret 2022 21 March 2022 – 28 May 2024
Director of Exploration and
Development Circular GMS Resolution dated 21 March
2022, as stated in the Notarial Deed No.
31 dated 24 March 2022
Yurizki Rio Direktur Keuangan Keputusan RUPSLB tanggal 19 Februari 12 Februari 2024 – 11 Februari
2024 yang dinyatakan dalam Akta Notaris 2027
Director of Finance No. 12 tanggal 19 Februari 2024
12 February 2024 – 11 February
EGMS Resolution dated 19 February 2027
2024, as stated in the Notarial Deed No.
12 dated 19 February 2024
Periode Mei – Desember 2024
Period of May – December 2024
Julfi Hadi Direktur Utama Keputusan RUPST tanggal 5 Juni 2023 5 Juni 2023 – 4 Juni 2026
yang dinyatakan dalam Akta Notaris No.
President Director 11 tanggal 8 Juni 2023 5 June 2023 – 4 June 2026
AGMS Resolution dated 5 June 2023, as
stated in the Notarial Deed No. 11 dated
8 June 2023
Ahmad Yani Direktur Operasi Keputusan RUPST tanggal 5 Juni 2023 5 Juni 2023 – 4 Juni 2026
yang dinyatakan dalam Akta Notaris No.
Director of Operations 11 tanggal 8 Juni 2023 5 June 2023 – 4 June 2026
AGMS Resolution dated 5 June 2023, as
stated in the Notarial Deed No. 11 dated
8 June 2023
Edwil Suzandi Direktur Eksplorasi dan Keputusan RUPST tanggal 28 Mei 2024 28 Mei 2024 –27 Mei 2027
Pengembangan yang dinyatakan dalam Akta Notaris No.
19 tanggal 10 Juni 2024 28 May 2024 – 27 May 2027
Director of Exploration and
Development
AGMS Resolution dated 28 May 2024, as
stated in the Notarial Deed No. 19 dated
10 June 2024
Yurizki Rio Direktur Keuangan Keputusan RUPSLB tanggal 19 Februari 12 Februari 2024 – 11 Februari
2024 yang dinyatakan dalam Akta Notaris 2027
Director of Finance No. 12 tanggal 19 Februari 2024
12 February 2024 – 11 February
EGMS Resolution dated 19 February 2027
2024, as stated in the Notarial Deed No.
12 dated 19 February 2024
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Dengan demikian, susunan Dewan Komisaris dan Thus, the composition of the Board of Commissioners
Direksi Perseroan per 31 Desember 2024 adalah and the Board of Directors as of 31 December 2024 is
sebagai berikut: as follows:
Dewan Komisaris
Board of Commissioners
Komisaris Utama/Komisaris Independen Sarman Simanjorang
President Commissioner/Independent Commissioner
Komisaris Independen Abdulla Zayed
Independent Commissioner
Komisaris Independen Abdul Musawir Yahya
Independent Commissioner
Komisaris John Anis
Commissioner
Komisaris Gigih Udi Atmo
Commissioner
Direksi
Board of Directors
Direktur Utama Julfi Hadi
President Director
Direktur Operasi Ahmad Yani
Director of Operations
Direktur Eksplorasi dan Pengembangan Edwil Suzandi
Director of Exploration and Development
Direktur Keuangan Yurizki Rio
Director of Finance
Perubahan Susunan Dewan Changes in the Composition of the
Komisaris Setelah Akhir Tahun Buku Board of Commissioners After the
2024 End of the 2024 Financial Year
Komisaris Utama/Komisaris Independen PGE Bapak President Commissioner/Independent Commissioner of
Sarman Simanjorang mengakhiri masa jabatan pada PGE, Mr. Sarman Simanjorang, concluded his term of
tanggal 24 Februari 2025, yang akan disahkan dalam office on February 24, 2025, which will be ratified at
RUPST PGE Tahun 2025. Dengan demikian, susunan the 2025 PGE AGMS. Accordingly, the composition of
Dewan Komisaris PGE setelah tahun buku 2024 hingga PGE’s Board of Commissioners following the 2024
penerbitan Laporan Tahunan PGE 2024 adalah fiscal year and up to the publication of the 2024
sebagai berikut: Annual Report is as follows:
Komisaris Utama : President Commissioner :
• Sarman Simanjorang hingga 24 Februari 2025 • Sarman Simanjorang until February 24, 2025
• Kosong sejak 25 Februari 2025 hingga tanggal • Vacant from February 25, 2025 until the
penerbitan Laporan Tahunan PGE 2024 publication date of the 2024 PGE Annual Report
Komisaris Independen : Abdulla Zayed Independent Commissioner : Abdulla Zayed
Komisaris Independen : Abdul Musawir Yahya Independent Commissioner : Abdul Musawir Yahya
Komisaris : John Anis Commissioner : John Anis
Komisaris : Gigih Udi Atmo Commissioner : Gigih Udi Atmo
2024 Annual Report PT Pertamina Geothermal Energy Tbk 123
Page 124
03 PROFIL PERUSAHAAN
COMPANY PROFILE
PROFIL
DEWAN
KOMISARIS
BOARD OF COMMISSIONERS PROFILE
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SARMAN SIMANJORANG
Komisaris Utama/Komisaris Independen
President Commissioner/Independent Commissioner
2024 Annual Report PT Pertamina Geothermal Energy Tbk 125
Page 126
03 PROFIL PERUSAHAAN
COMPANY PROFILE
SARMAN SIMANJORANG
Komisaris Utama/Komisaris Independen
President Commissioner/Independent Commissioner
Kewarganegaraan: Warga Negara Indonesia
Nationality: Indonesian
Usia:
59 tahun/ years old
Age:
Tempat & Tanggal Lahir: Sumbul, 14 Juni 1965
Place & Date of Birth: Sumbul, 14 June 1965
Domisili: Tangerang Selatan
Domicile: South Tangerang
Diangkat menjadi Komisaris Utama Perseroan untuk pertama kalinya berdasarkan Keputusan RUPS
Sirkuler tanggal 23 Oktober 2020 yang dinyatakan dalam Akta Notaris No. 3 tanggal 12 November
2020, yang kemudian diperbarui berdasarkan Keputusan Pemegang Saham Secara Sirkuler tanggal
25 Februari 2022 dengan Akta No. 1 tanggal 1 Maret 2022.
Dasar Hukum Penunjukan:
Legal Basis of Appointment:
Appointed as Corporate President Commissioner for the first time based on the Circular GMS Resolution
dated 23 October 2020 as stated in the Notarial Deed No. 3 dated 12 November 2020, which was
then renewed based on Circular GMS Resolution on 25 February 2022 with the Notarial Deed No. 1
dated 1 March 2022.
• 23 Oktober 2020 - 25 Februari 2022 (periode pertama)
• 25 Februari 2022 – 25 Februari 2025 (periode kedua)
Periode Menjabat:
Term of Office:
• 23 October 2020 - 25 February 2022 (first term)
• 25 February 2022 - 25 February 2025 (second term)
• Sarjana Manajemen, Sekolah Tinggi Ilmu Ekonomi Adhy Niaga (2007)
• Magister Administrasi Publik, Sekolah Tinggi Ilmu Administrasi Mandala Indonesia (2010)
Latar Belakang Pendidikan:
Educational Background: • Bachelor’s Degree in Management, Adhy Niaga College of Economics (2007)
• Master’s Degree in Public Administration, Mandala Indonesia College of Administrative Sciences
(2010)
• Komisaris Utama PT Batulicin Nusantara Maritim Tbk (2019 - sekarang)
• Komisaris Utama PT Bina Indo Raya (2021 - sekarang)
• Komisaris Utama PT Walhesa Abadi Perkasa (2021 - sekarang)
• Direktur Eksekutif Asosiasi Pemerintah Kabupaten seluruh Indonesia (APKASI) (2020 - sekarang)
• Wakil Ketua Umum Kadin Bidang Pengembangan Otonomi Daerah (2024 - 2029)
• Komisaris Utama PT Delta Djakarta Tbk (2018 - 2020)
• Ketua Bidang Hubungan Antar Lembaga DPN APINDO (2023 - 2028)
• Wakil Ketua Umum Pengurus Besar Federasi Akutik Indonesia (2024 - 2029)
• Anggota Dewan Pengupahan Nasional Indonesia (2023 - 2026)
Riwayat Jabatan:
Work Experience: • President Commissioner PT Batulicin Nusantara Maritim Tbk (2019 - present)
• President Commissioner PT Bina Indo Raya (2021 - present)
• President Commissioner PT Walhesa Abadi Perkasa (2021 - present)
• Executive Director of the Indonesia Regency Governments Association (APKASI) (2020 - present)
• Deputy Chair of the Indonesian Chamber of Commerce and Industry (Kadin) for Regional Autono-
my Development (2024 - 2029)
• President Commissioner PT Delta Djakarta Tbk (2018 - 2020)
• Head of Inter-Institutional Relations Division of DPN APINDO (2023 - 2028)
• Deputy General Chair of the Indonesian Aquatics Federation (2024 - 2029)
• Member of the Indonesia National Wage Council (2023 - 2026)
126 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Informasi pelatihan terdapat pada sub bab Pelatihan dan Pengembangan Kompetensi Dewan Komisaris
Pelatihan di 2024: dan Direksi
Training in 2024:
Information on training can be found in the sub-chapter of Training and Competency Development for the
Board of Commissioners and Directors.
• Ketua Komite Nominasi dan Remunerasi - PT Pertamina Geothermal Energy Tbk (2024 - sekarang)
• Direktur Eksekutif - APKASI (2020 - sekarang)
Rangkap Jabatan:
Concurrent Position: • Chairperson of the Nomination and Remuneration Committee - PT Pertamina Geothermal Energy
Tbk (2024 - present)
• Executive Director - APKASI (2020 - present)
Tidak memiliki hubungan afiliasi baik dengan anggota Direksi, anggota Dewan Komisaris lainnya,
maupun dengan pemegang saham pengendali dan utama
Hubungan Afiliasi :
Affiliate Relations:
Does not have any affiliations both with members of the Board of Directors, or fellow members of the
Board of Commissioners, nor with the controlling and ultimate shareholders.
Komisaris Independen telah menandatangani dokumen pernyataan independensi pada tanggal 5 Juni
Pernyataan Independensi : 2024.
Statement of Independence:
The Independent Commissioner has signed the statement of independence on 5 June 2024.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 127
Page 128
03 PROFIL PERUSAHAAN
COMPANY PROFILE
ABDULLA ZAYED
Komisaris Independen
Independent Commissioner
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Kewarganegaraan: Warga Negara Persatuan Emirat Arab
Nationality: Emirati
Usia:
35 tahun / years old
Age:
Tempat & Tanggal Lahir: Abu Dhabi, 22 Januari 1989
Place & Date of Birth: Abu Dhabi, 22 January 1989
Domisili:
Abu Dhabi
Domicile:
Diangkat menjadi Komisaris Independen Perseroan berdasarkan Keputusan RUPST tanggal 28 Mei
2024 yang dinyatakan dalam Akta Notaris No. 71 tanggal 28 Mei 2024.
Dasar Hukum Penunjukan:
Legal Basis of Appointment:
Appointed as Corporate Independent Commissioner based on the AGMS Resolution dated 28 May
2024, as stated in the Notarial Deed No. 71 dated 28 May 2024.
Periode Menjabat: 29 Mei 2024 – 29 Mei 2027
Term of Office: 29 May 2024 - 29 May 2027
Latar Belakang Pendidikan: • Bachelor of Engineering/Industrial Management, UAE Higher Colleges of Technology (2012)
Educational Background: • Diploma in Mechanical Engineering, UAE Higher Colleges of Technology (2009)
• Government Budget Section Head – Abu Dhabi General Secretariat of the Executive Council
Riwayat Jabatan: (2012 – 2016)
Work Experience: • Renewable Energy Financial and Commercial Analyst – Masdar (2009 – 2011)
Informasi pelatihan terdapat pada sub bab Pelatihan dan Pengembangan Kompetensi Dewan Komisaris
dan Direksi
Pelatihan di 2024:
Training in 2024:
Information on training can be found in the sub-chapter of Training and Competency Development for the
Board of Commissioners and Directors.
• Ketua Komite Audit - PT Pertamina Geothermal Energy Tbk (2024 – sekarang)
• Director, Development & Investment (Asia and Africa) – Masdar (2022 – sekarang)
• Chief Executive Officer – MW Energy (2022 – sekarang)
Rangkap Jabatan:
Concurrent Position:
• Chairperson of the Audit Committee – PT Pertamina Geothermal Energy Tbk (2024 – present)
• Director, Development & Investment (Asia and Africa) – Masdar (2022 – present)
• Chief Executive Officer – MW Energy (2022 – present)
Tidak memiliki hubungan afiliasi baik dengan anggota Direksi, anggota Dewan Komisaris lainnya,
maupun dengan pemegang saham pengendali dan utama.
Hubungan Afiliasi :
Affiliate Relations:
Does not have any affiliations with members of the Board of Directors, or fellow members of the Board of
Commissioners, nor with the controlling and ultimate shareholders.
Komisaris Independen telah menandatangani dokumen pernyataan independensi pada tanggal 5 Juni
Pernyataan Independensi : 2024.
Statement of Independence:
The Independent Commissioner has signed the statement of independence on 5 June 2024.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 129
Page 130
03 PROFIL PERUSAHAAN
COMPANY PROFILE
ABDUL MUSAWIR YAHYA
Komisaris Independen
Independent Commissioner
130 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 131
Kewarganegaraan: Warga Negara Indonesia
Nationality: Indonesian
Usia:
32 tahun / years old
Age:
Tempat & Tanggal Lahir: Ujung Pandang, 20 Maret 1992
Place & Date of Birth: Ujung Pandang, 20 March 1992
Domisili:
Jakarta
Domicile:
Diangkat menjadi Komisaris Independen Perseroan berdasarkan Keputusan RUPS Luar Biasa Sirkuler
tanggal 31 Juli 2024 yang dinyatakan dalam Akta Notaris No. 8 Tanggal 6 Agustus 2024.
Dasar Hukum Penunjukan:
Legal Basis of Appointment:
Appointed as Corporate Independent Commissioner based on the Extraordinary Circular GMS Resolu-
tion dated 31 July 2024, as stated in the Notarial Deed No. 8 dated 6 August 2024.
Periode Menjabat: 1 Agustus 2024 – 1 Agustus 2027
Term of Office: 1 August 2024 – 1 August 2027
• Sarjana Hukum Islam, Universitas Muhammadiyah Malang (2015)
• Magister Ilmu Agama Islam, Universitas Muhammadiyah Malang (2017)
Latar Belakang Pendidikan:
Educational Background:
• Bachelor’s Degree in Islamic Law, the University of Muhammadiyah Malang (2015)
• Master’s Degree in Islamic Studies, the University of Muhammadiyah Malang (2017)
Riwayat Jabatan: Direktur Mahakarya Indonesia Properti (2017 - 2019)
Work Experience: Director of Mahakarya Indonesia Properti (2017 - 2019)
Informasi pelatihan terdapat pada sub bab Pelatihan dan Pengembangan Kompetensi Dewan Komisaris
dan Direksi
Pelatihan di 2024:
Training in 2024:
Information on training can be found in the sub-chapter of Training and Competency Development for the
Board of Commissioners and Directors.
• Anggota Komite Audit – PT Pertamina Geothermal Energy Tbk (2024 – sekarang)
• Koordinator Departemen Keanggotaan – Pengurus Besar IKAMI Sulawesi Selatan
(2020 - sekarang)
• Wakil Sekretaris Jenderal – Dewan Pimpinan Pusat Komite Nasional Pimpinan Indonesia
(2019 – sekarang)
Rangkap Jabatan:
Concurrent Position:
• Member of the Audit Committee – PT Pertamina Geothermal Energy Tbk (2024 – present)
• Membership Department Coordinator – Executive Board of Indonesian Students Association of
South Sulawesi (2020 – present)
• Deputy Secretary General – Central Executive Board of the Indonesian Leaders National Committee
(2019 – present)
Tidak memiliki hubungan afiliasi baik dengan anggota Direksi, anggota Dewan Komisaris lainnya,
maupun dengan pemegang saham pengendali dan utama.
Hubungan Afiliasi :
Affiliate Relations:
Does not have any affiliations with members of the Board of Directors, or fellow members of the Board of
Commissioners, nor with the controlling and ultimate shareholders.
Komisaris Independen telah menandatangani dokumen pernyataan independensi pada tanggal 31
Pernyataan Independensi : September 2024.
Statement of Independence:
The Independent Commissioner has signed the statement of independence on 31 September 2024.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 131
Page 132
03 PROFIL PERUSAHAAN
COMPANY PROFILE
JOHN ANIS
Komisaris
Commissioner
132 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 133
Kewarganegaraan: Warga Negara Indonesia
Nationality: Indonesian
Usia:
58 tahun / years old
Age:
Tempat & Tanggal Lahir:
Jakarta, 9 November 1966
Place & Date of Birth:
Domisili:
Jakarta
Domicile:
Diangkat menjadi Komisaris Perseroan berdasarkan Keputusan RUPST tanggal 28 Mei 2024 yang
dinyatakan dalam Akta Notaris No. 71 tanggal 28 Mei 2024.
Dasar Hukum Penunjukan:
Legal Basis of Appointment:
Appointed as Corporate Commissioner based on the AGMS Resolution dated 28 May 2024 as stated
in the Notarial Deed No. 71 dated 28 May 2024.
Periode Menjabat: 29 Mei 2024 – 29 Mei 2027
Term of Office: 29 May 2024 – 29 May 2027
Sarjana Teknik Elektro, Institut Teknologi Bandung (1991)
Latar Belakang Pendidikan:
Educational Background:
Bachelor of Electrical Engineering, Bandung Institute of Technology (1991)
• Direktur Utama – PT Pertamina Hulu Indonesia (2023 – 2024)
• Direktur Utama – PT Pertamina Internasional EP (2020 – 2023)
Riwayat Jabatan:
Work Experience:
• President Director – PT Pertamina Hulu Indonesia (2023 – 2024)
• President Director – PT Pertamina Internasional EP (2020 – 2023)
Informasi pelatihan terdapat pada sub bab Pelatihan dan Pengembangan Kompetensi Dewan Komisaris
dan Direksi
Pelatihan di 2024:
Training in 2024:
Information on training can be found in the sub-chapter of Training and Competency Development for the
Board of Commissioners and Directors.
Direktur Utama – PT Pertamina Power Indonesia (2024 – sekarang)
Rangkap Jabatan:
Concurrent Position: President Director – PT Pertamina Power Indonesia (2024 – present)
Memiliki hubungan afiliasi dengan pemegang saham pengendali dan utama, sebagai Direktur Utama
PT Pertamina Power Indonesia.
Hubungan Afiliasi :
Affiliate Relations:
Have affiliations with the ultimate and controlling shareholders, as President Director of PT Pertamina
Power Indonesia
Komisaris telah menandatangani dokumen pernyataan Komisaris pada tanggal 5 Juni 2024.
Pernyataan Independensi :
Statement of Independence:
The Commissioner has signed the statement of independence on 5 June 2024.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 133
Page 134
03 PROFIL PERUSAHAAN
COMPANY PROFILE
GIGIH UDI ATMO
Komisaris
Commissioner
134 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 135
Kewarganegaraan: Warga Negara Indonesia
Nationality: Indonesian
Usia:
46 tahun / years old
Age:
Tempat & Tanggal Lahir: Surakarta, 4 Mei 1978
Place & Date of Birth: Surakarta, 4 May 1978
Domisili:
Jakarta
Domicile:
Diangkat menjadi Komisaris Perseroan berdasarkan Keputusan RUPS Luar Biasa Sirkuler tanggal 31 Juli
2024 yang dinyatakan dalam Akta Notaris No. 8 Tanggal 6 Agustus 2024.
Dasar Hukum Penunjukan:
Legal Basis of Appointment:
Appointed as Corporate Commissioner based on the Resolution of Extraordinary GMS Circular dated 31
July 2024 as stated in the Notarial Deed No. 8 dated 6 August 2024.
Periode Menjabat: 1 Agustus 2024 – 1 Agustus 2027
Term of Office: 1 August 2024 – 1 August 2027
• Sarjana Teknik Elektro, Universitas Gadjah Mada (2001)
• Master of Engineering Project Management, University of Melbourne (2008)
• Doctor of Philosophy, University of Melbourne (2016)
Latar Belakang Pendidikan:
Educational Background:
• Bachelor of Electrical Engineering, Universitas Gadjah Mada (2001)
• Master of Engineering Project Management, University of Melbourne (2008)
• Doctor of Philosophy, University of Melbourne (2016)
• Direktur Konservasi Energi – Direktorat Jenderal Energi Baru Terbarukan dan Konservasi Energi
(2022 - 2024)
• Inspektur Ketenagalistrikan Ahli Madya – Direktorat Ketenagalistrikan, Kementerian Energi dan
Sumber Daya Mineral Indonesia (2020 - 2022)
• Visiting Researcher/Energy Economist – Asia Pacific Energy Research Centre Jepang (2017 – 2020)
Riwayat Jabatan:
Work Experience:
• Director of Energy Conservation - Directorate General of New Renewable Energy and
Energy Conservation (2022 - 2024)
• Senior Inspector in Electricity - Directorate of Electricity, Ministry of Energy and Mineral Resources
of Indonesia (2020 - 2022)
• Visiting Researcher/Energy Economist – Asia Pacific Energy Research Centre Jepang (2017 – 2020)
Informasi pelatihan terdapat pada sub bab Pelatihan dan Pengembangan Kompetensi Dewan Komisaris
dan Direksi
Pelatihan di 2024:
Training in 2024:
Information on training can be found in the sub-chapter of Training and Competency Development for the
Board of Commissioners and Directors.
• Ketua Komite Investasi dan Manajemen Risiko - PT Pertamina Geothermal Energy Tbk
(2024 – sekarang)
• Direktur Panas Bumi - Direktorat Jenderal Energi Baru Terbarukan dan Konservasi Energi
(2024 - sekarang)
Rangkap Jabatan:
Concurrent Position:
• Chairperson of Investment and Risk Management Committee - PT Pertamina Geothermal Energy
Tbk (2024 – present)
• Director of Geothermal - Directorate General of New Renewable Energy and Energy Conservation
(2024 - present)
Tidak memiliki hubungan afiliasi baik dengan anggota Direksi, anggota Dewan Komisaris lainnya,
maupun dengan pemegang saham pengendali dan utama.
Hubungan Afiliasi :
Affiliate Relations:
Does not have any affiliations with members of the Board of Directors, or fellow members of the Board of
Commissioners, nor with the controlling and ultimate shareholders.
Komisaris telah menandatangani dokumen pernyataan Komisaris pada tanggal 31 September 2024.
Pernyataan Independensi :
Statement of Independence:
The Commissioner has signed the statement of independence on 31 September 2024.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 135
Page 136
03 PROFIL PERUSAHAAN
COMPANY PROFILE
Pernyataan Independensi Komisaris Statement of Independence of
Independen Independent Commissioner
Komisaris independen yang telah menjabat selama Independent Commissioners who have served for two
dua periode masa jabatan dapat diangkat kembali terms of office may be reappointed for the next period
pada periode selanjutnya sepanjang Komisaris as long as the Independent Commissioner declares to
Independen tersebut menyatakan dirinya tetap remain independent to the General Meeting of
independen kepada Rapat Umum Pemegang Saham Shareholders (GMS).
(RUPS).
Pada periode pelaporan, Komisaris Independen During the reporting period, the Company's
Perseroan yaitu Sarman Simanjorang dan Abdulla Independent Commissioners, namely Sarman
Zayed telah menandatangani pernyataan independensi Simanjorang and Abdulla Zayed, signed a statement
pada 5 Juni 2024. Sementara Abdul Musawir Yahya of independence on 5 June 2024. Meanwhile, Abdul
menandatangani pernyataan independensi pada 31 Musawir Yahya signed a statement of independence on
September 2024, karena baru diangkat sebagai 31 September 2024 since he was just appointed as an
Komisaris Independen pada RUPSLB tanggal 31 Juli Independent Commissioner at the EGMS on 31 July
2024. 2024.
136 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 137
2024 Annual Report PT Pertamina Geothermal Energy Tbk 137
Page 138
03 PROFIL PERUSAHAAN
COMPANY PROFILE
PROFIL DIREKSI
BOARD OF DIRECTORS PROFILE
JULFI HADI
Direktur Utama
President Director
JULFI HADI
138 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 139
Kewarganegaraan: Warga Negara Indonesia
Nationality: Indonesian
Usia:
58 tahun/ years old
Age:
Tempat & Tanggal Lahir: Swedia, 21 Juli 1966
Place & Date of Birth: Sweden, 21 July 1966
Domisili:
Jakarta
Domicile:
Diangkat menjadi Direktur Utama Perseroan untuk pertama kalinya berdasarkan Keputusan RUPST
tanggal 5 Juni 2023 yang dinyatakan dalam Akta Notaris No. 11 tanggal 8 Juni 2023
Dasar Hukum Penunjukan:
Legal Basis of Appointment:
Appointed as Corporate President Director for the first time based on the AGMS Resolution on 5 June
2023 as stated in Notarial Deed No. 11 dated 8 June 2023
Periode Menjabat: 5 Juni 2023 - 4 Juni 2026
Term of Office: 5 June 2023 - 4 June 2026
• Medco Senior Leadership Development Program, Harvard Business Corporate Learning
(2021 - 2022)
Latar Belakang Pendidikan: • Bachelor of Science in Geology, University of Texas, El Paso, USA (1984 - 1988)
Educational Background: • Master of Science of Geology, University of Texas, El Paso USA (1989 - 1991)
• Diploma In Geothermal Technology, University of Auckland NS (Master Level) (Best Earth Science
Award) (1997 - 1998)
• Chairman - Indonesia Geothermal Association (2023 - sekarang)
• SVP Geothermal Assets - PT Medco Power Indonesia (2019 - 2023)
• Direktur Utama - PT Medco Cahaya Geothermal (2019 - 2023)
• Direksi - PT Sarula Operation Ltd. (2019 - 2023)
• Direktur Pelaksana - PT Hitay Energy Holdings (2015 - 2023)
• Wakil Presiden Eksplorasi dan Bawah Permukaan - PT Supreme Energy Corporation (2008 - 2015)
• Senior Manager Teknik Bawah Permukaan - Star Energy (Magma Nusantara Ltd) (2006 - 2007)
Riwayat Jabatan:
Work Experience: • Chairman - Indonesia Geothermal Association (2023 - present)
• SVP Geothermal Assets – PT Medco Power Indonesia (2019 – 2023)
• President Director – PT Medco Cahaya Geothermal (2019 – 2023)
• Director – PT Sarula Operations Ltd. (2019 – 2023)
• Managing Director – PT Hitay Energy Holdings (2015 – 2023)
• VP Exploration & Subsurface – PT Supreme Energy Corporation (2008 – 2015)
• Senior Manager, Subsurface Engineering – Star Energy (Magma Nusantara Ltd) (2006 – 2007)
Informasi pelatihan terdapat pada sub bab Pelatihan dan Pengembangan Kompetensi Dewan Komisaris
dan Direksi
Pelatihan di 2024:
Training in 2024:
Information on training can be found in the sub-chapter of Training and Competency Development for the
Board of Commissioners and Directors.
• Ketua Komite Manajemen Risiko - PT Pertamina Geothermal Energy Tbk (2023 - sekarang)
• Ketua Umum - Asosiasi Panas Bumi Indonesia (2023 - 2026)
Rangkap Jabatan:
Concurrent Position: • Chairman of the Risk Management Committee – PT Pertamina Geothermal Energy Tbk (2023–
present)
• Chairman – Indonesian Geothermal Association (2023–2026)
Tidak memiliki hubungan afiliasi baik dengan anggota Direksi, anggota Dewan Komisaris lainnya,
maupun dengan pemegang saham pengendali dan utama
Hubungan Afiliasi :
Affiliate Relations:
Does not have any affiliations both with members of the Board of Directors, or fellow members of the
Board of Commissioners, nor with the controlling and ultimate shareholders.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 139
Page 140
03 PROFIL PERUSAHAAN
COMPANY PROFILE
EDWIL SUZANDI
Direktur Eksplorasi dan Pengembangan
Director of Exploration and Development
140 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 141
Kewarganegaraan: Warga Negara Indonesia
Nationality: Indonesian
Usia:
49 tahun/ years old
Age:
Tempat & Tanggal Lahir: Tanjung Medan, 9 Maret 1975
Place & Date of Birth: Tanjung Medan, 9 March 1975
Domisili: Bogor, Jawa Barat
Domicile: Bogor, West Java
Diangkat menjadi Direktur Eksplorasi & Pengembangan Perseroan untuk pertama kalinya berdasarkan
Keputusan RUPST tanggal 28 Mei 2024 yang dinyatakan dalam Akta Notaris No. 19 tanggal 10 Juni
Dasar Hukum Penunjukan: 2024
Legal Basis of Appointment:
Appointed as Corporate Director of Exploration & Development for the first time based on the AGMS
Resolution dated 28 May 2024, as stated in the Notarial Deed No. 19 dated 10 June 2024.
Periode Menjabat: 28 Mei 2024 – 27 Mei 2027
Term of Office: 28 May 2024 – 27 May 2027
• S2 Teknik Perminyakan, Institut Teknologi Bandung (1999 – 2001)
• S1 Teknik Perminyakan, Universitas Trisakti (1993 – 1998)
Latar Belakang Pendidikan:
Educational Background:
• Master’s in Petroleum Engineering – Institut Teknologi Bandung (1999–2001)
• Bachelor’s in Petroleum Engineering – Universitas Trisakti (1993–1998)
• EVP Upstream Business – PHR WK Rokan (2023 – 2024)
• VP Production & Project – Pertamina Sub Holding Upstream (2022 – 2023)
Riwayat Jabatan:
• Direktur Operasi – Pertamina Algeria EP (2021 – 2022)
Work Experience:
• Country Manager Algeria – Pertamina International EP (2019 – 2021)
• Country Manager Iraq – Pertamina International EP (2015 – 2018)
Informasi pelatihan terdapat pada sub bab Pelatihan dan Pengembangan Kompetensi Dewan Komisaris
dan Direksi
Pelatihan di 2024:
Training in 2024:
Information on training can be found in the sub-chapter of Training and Competency Development for the
Board of Commissioners and Directors.
Rangkap Jabatan: Anggota Komite Manajemen Risiko - PT Pertamina Geothermal Energy Tbk (2023 - sekarang)
Concurrent Position: Member of the Risk Management Committee – PT Pertamina Geothermal Energy Tbk (2023–Present)
Tidak memiliki hubungan afiliasi baik dengan anggota Direksi, anggota Dewan Komisaris lainnya,
maupun dengan pemegang saham pengendali dan utama
Hubungan Afiliasi :
Affiliate Relations:
Does not have any affiliations both with members of the Board of Directors, or fellow members of the
Board of Commissioners, nor with the controlling and ultimate shareholders.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 141
Page 142
03 PROFIL PERUSAHAAN
COMPANY PROFILE
AHMAD YANI
Direktur Operasi
Director of Operations
142 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 143
Kewarganegaraan: Warga Negara Indonesia
Nationality: Indonesian
Usia:
47 tahun/ years old
Age:
Tempat & Tanggal Lahir: Dumai, 30 Oktober 1977
Place & Date of Birth: Dumai, 30 October 1977
Domisili: Tangerang Selatan
Domicile: South Tangerang
Diangkat menjadi Direktur Operasi Perseroan untuk pertama kalinya berdasarkan Keputusan Keputusan
RUPST tanggal 5 Juni 2023 yang dinyatakan dalam Akta Notaris No. 11 tanggal 8 Juni 2023
Dasar Hukum Penunjukan:
Legal Basis of Appointment:
Appointed as Corporate Director of Operations for the first time based on the AGMS Resolution dated
5 June 2023, as stated in Notarial Deed No. 11 dated 8 June 2023.
Periode Menjabat: 5 Juni 2023 - 4 Juni 2026
Term of Office: 5 June 2023 - 4 June 2026
• Sarjana Teknik Perminyakan, Universitas Islam Riau (1996 - 2003)
• Master Ilmu Fisika (Geothermal Exploration), Universitas Indonesia (2020 - 2023)
Latar Belakang Pendidikan:
Educational Background:
• Bachelor of Petroleum Engineering – Universitas Islam Riau (2003)
• Master of Science in Physics (Geothermal Exploration) – Universitas Indonesia (2023)
• General Manager Area Lahendong - PT Pertamina Geothermal Energy (2021 - 2023)
• Manager Drilling Planning & Support - PT Pertamina Geothermal Energy (2019 - 2021)
Riwayat Jabatan: • Manager Operation PGE Area Lahendong - PT Pertamina Geothermal Energy (2015 - 2019)
Work Experience: • Manager Reservoir & Enjineering - PT Pertamina Geothermal Energy (2013 - 2015)
• Asisten manager Engineering Reservoir Area Kamojang - PT Pertamina Geothermal Energy
(2010 - 2013)
Informasi pelatihan terdapat pada sub bab Pelatihan dan Pengembangan Kompetensi Dewan Komisaris
dan Direksi
Pelatihan di 2024:
Training in 2024:
Information on training can be found in the sub-chapter of Training and Competency Development for the
Board of Commissioners and Directors.
Rangkap Jabatan: Anggota Komite Manajemen Risiko - PT Pertamina Geothermal Energy Tbk (2023 - sekarang)
Concurrent Position: Member of the Risk Management Committee – PT Pertamina Geothermal Energy Tbk (2023–present)
Tidak memiliki hubungan afiliasi baik dengan anggota Direksi, anggota Dewan Komisaris lainnya,
maupun dengan pemegang saham pengendali dan utama.
Hubungan Afiliasi :
Affiliate Relations:
Does not have any affiliations both with members of the Board of Directors, or fellow members of the
Board of Commissioners, nor with the controlling and ultimate shareholders.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 143
Page 144
03 PROFIL PERUSAHAAN
COMPANY PROFILE
YURIZKI RIO
Direktur Keuangan
Director of Finance
144 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 145
Kewarganegaraan: Warga Negara Indonesia
Nationality: Indonesian
Usia: 42 tahun/ years old
Age:
Tempat & Tanggal Lahir: Jakarta, 9 Maret 1982
Place & Date of Birth: Jakarta, 9 March 1982
Domisili: Tangerang Selatan
Domicile: South Tangerang
Diangkat menjadi Direktur Keuangan Perseroan untuk pertama kalinya berdasarkan Keputusan RUPSLB
tanggal 19 Februari 2024 yang dinyatakan dalam Akta Notaris No. 12 tanggal 19 Februari 2024
Dasar Hukum Penunjukan:
Legal Basis of Appointment: Appointed as Corporate Director of Finance for the first time based on the Resolution of the Extraordinary
General Meeting of Shareholders (EGMS) dated 19 February 2024, as stated in Notarial Deed No. 12
dated 19 February 2024.
Periode Menjabat: 12 Februari 2024 – 11 Februari 2027
Term of Office: 12 February 2024 – 11 February 2027
• S1 Ekonomi, University of Texas (2003 - 2007)
• S2 Ekonomi, Prasetya Mulya Business School (2009 - 2011)
Latar Belakang Pendidikan:
Educational Background:
• Bachelor's in Economics – University of Texas (2007)
• Master's in Economics – Prasetya Mulya Business School (2010)
• Director - Head of Investment Banking Advisory / M&A ( 2021 - 2024)
• Vice President, Head of Corporate Finance and Investments – Onstar Express Pte. Ltd.
(2020 – 2021)
Riwayat Jabatan: • Group Head of Corporate Planning, Investor Relations, and Enterprise Risk Management –
Work Experience: PT Mitrabahtera Segara Sejati Tbk (MBSS) (2019)
• Assistant Vice President, Investment Deal Team Lead – IPC Investment Company (2018 – 2019)
• Investment Banking Senior Associate, Advisory & Capital Market – PT Mandiri Sekuritas
(2017 – 2018)
Informasi pelatihan terdapat pada sub bab Pelatihan dan Pengembangan Kompetensi Dewan Komisaris
dan Direksi
Pelatihan di 2024:
Training in 2024:
Information on training can be found in the sub-chapter of Training and Competency Development for the
Board of Commissioners and Directors.
• Wakil Ketua Komite Manajemen Risiko - PT Pertamina Geothermal Energy Tbk (2024 - sekarang)
• Koordinator Penerapan dan Pemantauan GCG - PT Pertamina Geothermal Energy Tbk
(2024 - sekarang)
Rangkap Jabatan:
Concurrent Position: • Deputy Chairman of Risk Management Committee - PT Pertamina Geothermal Energy Tbk
(2024 - present)
• GCG Implementation and Monitoring Coordinator - PT Pertamina Geothermal Energy Tbk
(2024 - present)
Tidak memiliki hubungan afiliasi baik dengan anggota Direksi, anggota Dewan Komisaris lainnya,
maupun dengan pemegang saham pengendali dan utama.
Hubungan Afiliasi :
Affiliate Relations:
Does not have any affiliations both with members of the Board of Directors, or fellow members of the
Board of Commissioners, nor with the controlling and ultimate shareholders.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 145
Page 146
03 PROFIL PERUSAHAAN
COMPANY PROFILE
PELATIHAN DAN PENGEMBANGAN
KOMPETENSI DEWAN KOMISARIS DAN
DIREKSI
TRAINING AND COMPETENCY DEVELOPMENT FOR THE
BOARD OF COMMISSIONERS AND DIRECTORS
Pendidikan dan/atau Pelatihan Dewan Komisaris
Education and/or Training for the Board of Commissioners
Pendidikan dan/atau Pelatihan Dewan Komisaris
Education and/or Training for the Board of Commissioners
Nama Keterangan Tanggal Lokasi Penyelenggara
Name Description Date Place Organizer
Sarman Simanjorang Prospek Bisnis Green Hydrogen 17 Mei 2024 Batam Direktorat Jenderal EBTKE
(Komisaris Utama/ Green Hydrogen Business Prospect 17 May 2024 Kementerian ESDM
Komisaris Independen)
Directorate General of NRE
(President Commissioner/ and Energy Conservation
Independent Commissioner) Ministry of EMR
Accelerating Net Zero and 17 Mei 2024 Batam Bursa Efek Indonesia
Unlocking Indonesia Carbon 17 May 2024
Market Potential Through IDX The Indonesia Stock
Carbon (Indonesia Carbon Exchange
Exchange)
Carbon Market 17 Mei 2024 Batam PT Pertamina (Persero)
17 May 2024
Sosialisasi dan Workshop GCG 25 Juni 2024 Daring Assegaf Hamzah & Partner
GCG Dissemination and Workshop 25 June 2024 Online
Indonesia International 5 September 2024 Jakarta Kementrian Koordinator
Sustainability Forum 2024 (ISF) Kemaritiman dan Investasi
Coordinating Ministry for
Maritime and Investment
Affairs
Indonesia International Geothermal 18 September 2024 Jakarta Asosiasi Panas Bumi
Convention & Exhibition (IIGCE) Indonesia (API)
2024
The Indonesia Geothermal
Association (INAGA)
Mitigating Risk, Maximizing Value: 1 November 2024 NTT Direktorat Manajemen
Turning Risk into Positive Energy Risiko PT Pertamina
East Nusa (Persero)
Tenggara
Directorate of Risk
Management
PT Pertamina (Persero)
Strategi Penguatan Manajemen 1 November 2024 NTT Kementerian BUMN
Risiko di PGEO: Meningkatkan
Kapasitas dan Mengoptimalkan East Nusa Ministry of SOEs
Pertumbuhan Berkelanjutan Tenggara
Risk Management Strengthening
Strategy at PGEO: Increasing
Capacity and Optimizing
Sustainable Growth
Workshop Master Class 4 November 2024 Jakarta Center For Risk
Compliance Management dan Management &
lulus uji kompetensi Skema Certified Sustainability (CRMS)
Compliance Oversight Professional
(CCOP)
Master Class Compliance
Management Workshop and
passed the Certified Compliance
Oversight Professional (CCOP)
Scheme competency test
146 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Pendidikan dan/atau Pelatihan Dewan Komisaris
Education and/or Training for the Board of Commissioners
Nama Keterangan Tanggal Lokasi Penyelenggara
Name Description Date Place Organizer
Sujit S. Parhar
(Komisaris Independen)1 - - - -
(Independent Commissioner)
Dannif Danusaputro Prospek Bisnis Green Hydrogen 17 Mei 2024 Batam Direktorat Jenderal EBTKE
(Komisaris)1 Green Hydrogen Business Prospect 17 May 2024 Kementerian ESDM
(Commissioner)
Directorate General of NRE
and Energy Conservation
Ministry of EMR
Accelerating Net Zero and 17 Mei 2024 Batam Bursa Efek Indonesia
Unlocking Indonesia Carbon 17 May 2024
Market Potential Through IDX The Indonesia Stock
Carbon (Indonesia Carbon Exchange
Exchange)
Carbon Market 17 Mei 2024 Batam PT Pertamina (Persero)
17 May 2024
Sosialisasi dan Workshop GCG 25 Juni 2024 Daring Assegaf Hamzah & Partner
GCG Dissemination and Workshop 25 June 2024 Online
Harris (Komisaris)3 Sosialisasi dan Workshop GCG 25 Juni 2024 Daring Assegaf Hamzah & Partner
(Commissioner) GCG Dissemination and Workshop 25 June 2024 Online
Prospek Bisnis Green Hydrogen 17 Mei 2024 Batam Direktorat Jenderal EBTKE
Green Hydrogen Business Prospect 17 May 2024 Kementerian ESDM
Directorate General of NRE
and Energy Conservation
Ministry of EMR
Accelerating Net Zero and 17 Mei 2024 Batam Bursa Efek Indonesia
Unlocking Indonesia Carbon 17 May 2024
Market Potential Through IDX The Indonesia Stock
Carbon (Indonesia Carbon Exchange
Exchange)
Carbon Market 17 Mei 2024 Batam PT Pertamina (Persero)
17 May 2024
Abdul Musawir Yahya Indonesia International Geothermal 18 September 2024 Jakarta Asosiasi Panas Bumi
(Komisaris Independen)4 Convention & Exhibition (IIGCE) Indonesia (API)
(Independent Commissioner) 2024
The Indonesia Geothermal
Association (INAGA)
Pelatihan Seri Ke 15 – Komisaris 30 Oktober 2024 Jakarta Inti Pesan
Profesional 30 October 2024
15th Training Series – Professional
Commissioners
Mitigating Risk, Maximizing Value : 1 November 2024 NTT Direktorat Manajemen
Turning Risk into Positive Energy Risiko PT Pertamina
East Nusa (Persero)
Tenggara
Directorate of Risk
Management
PT Pertamina (Persero)
Strategi Penguatan Manajemen 1 November 2024 NTT Kementerian BUMN
Risiko di PGEO: Meningkatkan Ministry of SOEs
Kapasitas dan Mengoptimalkan East Nusa
Pertumbuhan Berkelanjutan Tenggara
Risk Management Strengthening
Strategy at PGEO: Increasing
Capacity and Optimizing
Sustainable Growth
Workshop Master Class 4 November 2024 Jakarta Center For Risk
Compliance Management dan lulus Management &
uji kompetensi Skema CCOP Sustainability (CRMS)
Master Class Compliance
Management Workshop and
passed the CCOP Scheme
competency test
2024 Annual Report PT Pertamina Geothermal Energy Tbk 147
Page 148
03 PROFIL PERUSAHAAN
COMPANY PROFILE
Pendidikan dan/atau Pelatihan Dewan Komisaris
Education and/or Training for the Board of Commissioners
Nama Keterangan Tanggal Lokasi Penyelenggara
Name Description Date Place Organizer
Abdulla Zayed
(Komisaris Independen)2 - - - -
(Independent Commissioner)
John Anis Indonesia International Geothermal 18 September 2024 Jakarta Asosiasi Panas Bumi
(Komisaris)2 Convention & Exhibition (IIGCE) Indonesia (API)
(Commissioner) 2024
The Indonesia Geothermal
Association (INAGA)
Mitigating Risk, Maximizing Value : 1 November 2024 NTT Direktorat Manajemen
Turning Risk into Positive Energy Risiko PT Pertamina
East Nusa (Persero)
Tenggara
Directorate of Risk
Management
PT Pertamina (Persero)
Strategi Penguatan Manajemen 1 November 2024 NTT Kementerian BUMN
Risiko di PGEO: Meningkatkan East Nusa Ministry of SOEs
Kapasitas dan Mengoptimalkan Tenggara
Pertumbuhan Berkelanjutan
Risk Management Strengthening
Strategy at PGEO: Increasing
Capacity and Optimizing
Sustainable Growth
Gigih Udi Atmo (Komisaris)4 Indonesia International 5 September 2024 Jakarta Kementerian Koordinator
(Commissioner) Sustainability Forum 2024 (ISF) Kemaritiman dan Investasi
Coordinating Ministry for
Maritime and Investment
Affairs
Mitigating Risk, Maximizing Value : 1 November 2024 NTT Direktorat Manajemen
Turning Risk into Positive Energy Risiko PT Pertamina
East Nusa (Persero)
Tenggara
Directorate of Risk
Management
PT Pertamina (Persero)
Strategi Penguatan Manajemen 1 November 2024 NTT Kementerian BUMN
Risiko di PGEO: Meningkatkan Ministry of SOEs
Kapasitas dan Mengoptimalkan East Nusa
Pertumbuhan Berkelanjutan Tenggara
Risk Management Strengthening
Strategy at PGEO: Increasing
Capacity and Optimizing
Sustainable Growth
Keterangan: Notes :
1
Tidak lagi menjabat sejak 28 Mei 2024 1
No longer serving since 28 May 2024
2
Mulai menjabat sejak 28 Mei 2024 2
Served from 28 May 2024
3
Tidak lagi menjabat sejak 31 Juli 2024 3
No longer serving since 31 July 2024
4
Mulai menjabat sejak 31 Juli 2024 4
Served from 31 July 2024
148 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Pendidikan dan/atau Pelatihan Direksi
Education and/or Training for the Board of Directors
Nama Keterangan Tanggal Lokasi Penyelenggara
Name Description Date Place Organizer
Julfi Hadi (Direktur Utama) Workshop Bill Cumming 15 - 16 Januari 2024 Jakarta PT Pertamina Geothermal
(President Director) Bill Cumming Workshop 15 - 16 January 2024 Energy Tbk
Sosialisasi Skema Pendanaan 2 Februari 2024 Jakarta PT Pertamina Geothermal
Exercise Hak Opsi MESOP Tahap 2 February 2024 Energy Tbk
I PGE
Socialization of MESOP Right
Funding Scheme Phase I PGE
Workshop Capital Project 19 - 20 Februari 2024 Jakarta PT Pertamina Geothermal
Management 19 - 20 February 2024 Energy Tbk
Capital Project Management
Workshop
Sosialisasi Exercise Hak Opsi 21 Februari 2024 Jakarta PT Pertamina Geothermal
MESOP PGE Skema Dana Pribadi 21 February 2024 Energy Tbk
Socialization of MESOP Option
Rights Exercise PGE – Private Fund
Scheme
Sosialisasi KPI PGE 2024 21 Februari 2024 Jakarta PT Pertamina Geothermal
Socialization of PGE 2024 KPI 21 February 2024 Energy Tbk
Sosialisasi RJPP 8 Juli 2024 Jakarta PT Pertamina Geothermal
Socialization of the Long-Term Plan 8 July 2024 Energy Tbk
(RJPP)
Pelatihan Upskilling Leadership 17 - 18 Juli 2024 Jakarta Pertamina Corporate
Competency (SLC) Tahun 2024 17 - 18 July 2024 University
Upskilling Leadership Competency
(ULC) Training 2024
Pembekalan Assessment Strategic 23 Agustus 2024 Jakarta PT Pertamina Geothermal
Leader Competencies (SLC) 23 August 2024 Energy Tbk
Providing Strategic Leader
Competencies (SLC) Assessment
Public Speaking Penanganan Media 28 Agustus 2024 Jakarta Kiroyan Partners
& Pesan Kunci Yang Efektif 28 August 2024
Public Speaking: Media Handling &
Effective Key Messaging
Refreshment Risk Management for 1 November 2024 Labuan Bajo Kementerian BUMN
BOD BOC Ministry of SOEs
Digital Initiative Prioritization 26 November 2024 Jakarta PT Pertamina Geothermal
Workshop Project G Bionic Energy Tbk
Sosialisasi Organisasi Baru PGE 19 Desember 2024 Jakarta PT Pertamina Geothermal
PGE’s New Organizational 19 December 2024 Energy Tbk
Socialization
Rachmad Hidajat Workshop Bill Cumming 15 - 16 Januari 2024 Jakarta PT Pertamina Geothermal
(Direktur Eksplorasi dan Bill Cumming Workshop 15 - 16 January 2024 Energy Tbk
Pengembangan)2
(Director of Exploration and
Development)
Edwil Suzandi Workshop Project Seroja 24 Juli 2024 Jakarta PT Pertamina Geothermal
(Direktur Eksplorasi dan Seroja Project Workshop 24 July 2024 Energy Tbk
Pengembangan)3
(Director of Exploration and Public Speaking Penanganan Media 28 Agustus 2024 Jakarta Kiroyan Partners
Development) & Pesan Kunci Yang Efektif 28 August 2024
Public Speaking: Media Handling &
Effective Key Messaging
The 10th Indonesia International 10 - 18 September Jakarta Asosiasi Panas Bumi
Geothermal Convention & 2024 Indonesia
Exhibition (IIGCE) The Indonesia
Geothermal Association
Refreshment Risk Management for 1 November 2024 Labuan Bajo Kementerian BUMN
BOD BOC Ministry of SOEs
Fraud Awareness 5 November 2024 Jakarta Subholding Pertamina
New Renewable Energy
(PNRE)
2024 Annual Report PT Pertamina Geothermal Energy Tbk 149
Page 150
03 PROFIL PERUSAHAAN
COMPANY PROFILE
Ahmad Yani Coaching (Mobile Learning) 31 Mei 2024 Jakarta Pertamina Maintenance
(Direktur Operasi) 31 May 2024 & Construction
(Director of Operations)
Workshop GCG 25 Juni 2024 Jakarta PT Pertamina Geothermal
GCG Workshop 25 June 2024 Energy Tbk
Workshop Project Seroja 24 Juli 2024 Jakarta PT Pertamina Geothermal
Seroja Project Workshop 24 July 2024 Energy Tbk
Public Speaking Penanganan Media 28 Agustus 2024 Jakarta Kiroyan Partners
& Pesan Kunci Yang Efektif 28 August 2024
Public Speaking: Media Handling &
Effective Key Messaging
Refreshment Risk Management for 1 November 2024 Jakarta Kementerian BUMN
BOD BOC Ministry of SOEs
Fraud Awareness 5 November 2024 Jakarta Subholding Pertamina
New Renewable Energy
(PNRE)
Digital Initiative Prioritization 26 November 2024 Jakarta PT Pertamina Geothermal
Workshop Project G Bionic Energy Tbk
Nelwin Aldriansyah Coaching (Mobile Learning) 31 Mei 2024 Jakarta Pertamina Maintenance
(Direktur Keuangan)4 31 May 2024 & Construction
(Director of Finance)
Workshop GCG 25 Juni 2024 Jakarta PT Pertamina Geothermal
GCG Workshop 25 June 2024 Energy Tbk
Workshop Project Seroja 24 Juli 2024 Jakarta PT Pertamina Geothermal
Seroja Project Workshop 24 July 2024 Energy Tbk
Public Speaking Penanganan Media 28 Agustus 2024 Jakarta Kiroyan Partners
& Pesan Kunci Yang Efektif 28 August 2024
Public Speaking: Media Handling &
Effective Key Messaging
Refreshment Risk Management for 1 November 2024 Jakarta Kementerian BUMN
BOD BOC Ministry of SOEs
Fraud Awareness 5 November 2024 Jakarta Subholding Pertamina
New Renewable Energy
(PNRE)
Digital Initiative Prioritization 26 November 2024 Jakarta PT Pertamina Geothermal
Workshop Project G Bionic Energy Tbk
Yurizki Rio Fraud Awareness 5 November 2024 Jakarta Subholding Pertamina
(Direktur Keuangan)1 New Renewable Energy
(Director of Finance) (PNRE)
Digital Initiative Prioritization 26 November 2024 Jakarta PT Pertamina Geothermal
Workshop Project G Bionic Energy Tbk
Public Speaking Penanganan Media 28 Agustus 2024 Jakarta Kiroyan Partners
& Pesan Kunci Yang Efektif 28 August 2024
Public Speaking: Media Handling &
Effective Key Messaging
Program Pelatihan Pemantapan 21 - 27 Oktober 2024 Jakarta Lemhanas RI
Nilai-Nilai Kebangsaan 21 - 27 October 2024 The National Resilience
National Values Strengthening Institute
Training Program
Fraud Awareness 5 November 2024 Jakarta Subholding Pertamina
New Renewable Energy
(PNRE)
Keterangan Notes:
1
Mulai menjabat sejak 12 Februari 2024 1
Served from 12 February 2024
2
Tidak lagi menjabat sejak 28 Mei 2024 2
No longer serving since 28 May 2024
3
Mulai menjabat sejak 28 Mei 2024 3
Served from 28 May 2024
4
Tidak lagi menjabat sejak 12 Februari 2024 4
No longer serving since 12 February 2024
150 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Partisipasi Dewan Komisaris dan Direksi Sebagai Pembicara
Participation of the Board of Commissioners and Board of Directors as Speakers
Acara/Tema Pembicara Tanggal Lokasi
Event/Theme Speaker Date Place
Energy Corner: Julfi Hadi 19 Maret 2025 Jakarta
SQUAWK BOX - CNBC Indonesia
19 March 2025
CNBC Indonesia - Powerlunch Yurizki Rio 23 April 2024 Jakarta
Indonesia Internasional Hydrogen Julfi Hadi 19 Juni 2024 Jakarta
Summit 2024
19 June 2024
North Sulawesi Energy and Economic Forum Ahmad Yani 23 - 25 September 2024 Manado
(NSEEF) 2024
Energy Corner SQUAWK BOX - CNBC Julfi Hadi 8 November 2024 Jakarta
Indonesia
29th United Nations Climate Change Julfi Hadi 9 - 14 November 2024 Azerbaijan
Conference (COP 29)
The 46th New Zealand Geothermal Julfi Hadi 15 - 23 November 2024 Selandia Baru
Workshop (NZGW)
New Zealand
Agenda Kementerian Pendidikan, Kebudayaan Edwil Suzandi 29 November - Solo
Riset dan Teknologi 1 Desember 2024
Agenda of the Ministry of Education, Culture, 29 November -
Research and Technology 1 December 2024
Indonesia Knowledge Management Yurizki Rio 13 Desember 2024 Bali
Summit (IKMS)
13 December 2024
2024 Annual Report PT Pertamina Geothermal Energy Tbk 151
Page 152
03 PROFIL PERUSAHAAN
COMPANY PROFILE
INFORMASI PEMEGANG SAHAM
SHAREHOLDER INFORMATION
Komposisi kepemilikan saham Perseroan per 31 The composition of the Company’s share ownership as
Desember 2024 adalah sebagai berikut: of 31 December 31 2024 is as follows:
• PT Pertamina Power Indonesia (68,83%) • PT Pertamina Power Indonesia (68,83%)
• Masdar Indonesia Solar Holdings RSC Limited • Masdar Indonesia Solar Holdings RSC Limited
(14,96%) (14,96%)
• Masyarakat (10,24%) • Public (10,24%)
• PT Pertamina Pedeve Indonesia (5,97%) • PT Pertamina Pedeve Indonesia (5,97%)
14,96%
10,24%
68,83% MASYARAKAT
PUBLIC
5,97%
Komposisi Pemegang Saham Pada Awal dan Akhir Tahun Buku
Shareholder Composition at the Beginning and End of the Fiscal Year
1 Januari 2024 31 Desember 2024
1 January 2024 31 December 2024
Pemegang Saham Persentase Persentase
Shareholders Kepemilikan Kepemilikan
Jumlah Saham Jumlah Saham
Saham Saham
Total Shares Total Shares
Shareholding Shareholding
Percentage Percentage
PT Pertamina Power Indonesia 28.568.460.000 69,01% 28.568.460.000 68,83%
PT Pertamina Pedeve Indonesia 2.477.682.000 5,99% 2.477.682.000 5,97%
Masdar Indonesia Solar 6.209.421.300 15,00% 6.209.421.300 14,96%
Masyarakat | Public 4.140.578.700 10,00% 4.252.460.849 10,24%
Jumlah | Total 41.396.142.000 100,00% 41.508.024.149 100,00%
152 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Pemegang Saham Utama dan Ultimate and Controlling
Pengendali Shareholders
Pemerintah Indonesia
Government of Indonesia
100 %
99,9 %
68,83 %
PT Pertamina Power Indonesia yang juga disebut PT Pertamina Power Indonesia, also known as Pertamina
Pertamina NRE, merupakan entitas anak dari PT NRE, is a subsidiary of PT Pertamina (Persero) which
Pertamina (Persero) yang juga menjadi Subholding also serves as the Subholding Power & Renewable
Power & Renewable Energy (PNRE). Pertamina NRE Energy (PNRE). Established on 26 October 2016,
yang berdiri pada 26 Oktober 2016, secara historis Pertamina NRE was historically formed as a strategic
dibentuk sebagai strategic holding company Pertamina holding company tasked with managing, controlling,
yang bertugas menjalankan, mengendalikan, dan and overseeing Pertamina’s gas-based and renewable
mengelola kegiatan usaha bisnis energi berbasis gas energy (NRE) business activities, both at home and
dan energi baru & terbarukan (EBT) milik Pertamina, abroad.
baik di dalam negeri maupun di luar negeri.
Sebagai bagian dari Pertamina Group, Pertamina NRE As part of Pertamina Group, Pertamina NRE leverages
memanfaatkan sinergi kuat yang terjalin bersama the strong synergy within the group, enabling it to
Pertamina sehingga Pertamina NRE dapat menjadi become a key player in the gas-based power and NRE
pemain utama di bidang bisnis power berbasis gas dan sectors, including captive power and NRE-to-power
EBT, termasuk captive power business dan bisnis EBT to businesses in Indonesia.
power di Indonesia.
Saat ini Pertamina NRE telah mengelola satu entitas Currently, Pertamina NRE manages one subsidiary, PT
anak usaha, yakni PT Pertamina Geothermal Energy Pertamina Geothermal Energy Tbk, and three affiliates:
Tbk dan tiga afiliasi mencakup PT Jawa Satu Power PT Jawa Satu Power (JSP), which participates in the
(JSP) yang berpartisipasi di dalam proyek IPP Jawa-1, Jawa-1 IPP project; PT Jawa Satu Regas (JSR), which
PT Jawa Satu Regas (JSR) yang mengelola FSRU Proyek manages the FSRU for the Jawa-1 project; and PT
Jawa-1, dan PT Industri Baterai Indonesia (IBC). Industri Baterai Indonesia (IBC).
Hingga akhir tahun 2024, Pertamina NRE memiliki As of the end of 2024, Pertamina NRE has a total
total kapasitas terpasang sebesar 68,95* MW yang installed capacity of 68.95* MW, consisting of 12.90
terdiri dari 12,90 MW gas to power, 4,4 MW PLTBg MW of gas-to-power, 4.4 MW of biomass power plants
dan 51,65 MW PLTS, tidak termasuk 0,82 MW (PLTBg), and 51.65 MW of solar power plants (PLTS),
kapasitas PLTS dengan skema jual putus. Saat ini excluding 0.82 MW of PLTS capacity under a “buy-
Pertamina NRE sedang membangun portofolio bisnis out” scheme. Pertamina NRE is currently developing a
Wind, Biomass, Biofuel untuk bisnis EBT, serta portofolio business portfolio in wind, biomass, and biofuels for
bisnis gas to power, Operation and Maintenance NRE businesses, as well as gas-to-power, operation
(O&M) Service, Energy Efficiency, Green Hydrogen, and maintenance (O&M) services, energy efficiency,
Battery & Electric Vehicle (EV), Carbon Business (Nature green hydrogen, battery & electric vehicles (EVs),
Based Solution dan Carbon Trading) untuk Portofolio carbon business (nature-based solutions and carbon
Bisnis. trading) for Business Portfolio.
*tidak terkonsolidasi dengan JSP & PGE
*not consolidated with JSP & PGE
2024 Annual Report PT Pertamina Geothermal Energy Tbk 153
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03 PROFIL PERUSAHAAN
COMPANY PROFILE
Komposisi Dewan Komisaris dan Direksi Pertamina NRE
Composition of the Board of Commissioners and Board of Directors of Pertamina NRE
Dewan Komisaris
Board of Commissioners
Komisaris Utama Rida Mulyana
President Commissioner
Komisaris Ajar Budi Kuncoro
Commissioner
Komisaris Budiman Parhusip
Commissioner
Komisaris Hafidh Nazif
Commissioner
Direksi
Board of Directors
Direktur Utama John Anis
President Director
Direktur SDM & Penunjang Bisnis Irzan Noor Rizki
Director of HR & Business Support
Direktur Proyek & Operasi Norman Ginting
Director of Project & Operations
Direktur Keuangan Nelwin Aldriansyah
Director of Finance
Direktur Perencanaan Strategis & Pengembangan Bisnis Fadli Rahman
Director of Strategic Planning & Business Development
Direktur Manajemen Risiko Iin Febrian
Director of Risk Management
Kepemilikan Saham yang Mencapai 5% atau Lebih Pada Awal dan
Akhir Tahun Buku
Share Ownership of 5% or More at the Beginning and End of the Fiscal Year
1 Januari 2024 31 Desember 2024
1 January 2024 31 December 2024
Pemegang Saham Persentase Persentase
Shareholders Kepemilikan Kepemilikan
Jumlah Saham Jumlah Saham
Saham Saham
Total Shares Total Shares
Shareholding Shareholding
Percentage Percentage
PT Pertamina Power Indonesia 28.568.460.000 69,11% 28.568.460.000 68,83%
PT Pertamina Pedeve Indonesia 2.477.682.000 5,99% 2.477.682.000 5,97%
Masdar Indonesia Solar 6.209.421.300 15,00% 6.209.421.300 14,96%
154 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Kelompok Pemegang Saham Masyarakat (Kurang dari 5%)
Pada Awal dan Akhir Tahun Buku
Group of Public Shareholders (Less than 5%) at the Beginning and End of the Fiscal Year
1 Januari 2024 31 Desember 2024
1 January 2024 31 December 2024
Pemegang Saham Jumlah Persentase Jumlah Persentase
No Jumlah Jumlah
Shareholders Pemegang Kepemilikan Pemegang Kepemilikan
Saham Saham
Saham Saham Saham Saham
Total Shares Total Shares
Total Shareholding Total Shareholding
Shareholders Percentage Shareholders Percentage
Perorangan Indonesia
1 38.977 825.948.600 1,99523% 36.370 68.484.696 1,64%
Indonesian Individuals
Koperasi
2 3 79.000 0,00019% 1 16.500 0,00%
Cooperative
Yayasan
3 6 3.419.000 0,00826% 5 7.197.200 0,02%
Foundation
Dana Pensiun
4 30 92.326.100 0,22303% 27 96.439.200 0,23%
Pension Fund
Asuransi
5 32 38.678.600 0,09344% 72 380.151.600 0,92%
Insurance
Perseroan Terbatas
6 Limited Liability 91 33.190.680.792 80,17820% 80 33.144.262.250 79,85%
Company
Reksadana
7 73 331.077.294 0,79978% 76 226.339.212 0,54%
Mutual Fund
Perorangan Asing
8 189 10.199.000 0,02464% 189 5.836.100 0,01%
Foreign Individuals
Badan Usaha Asing
9 Foreign Business 57 6.903.733.614 16,67724% 64 6.966.297.391 16,78%
Entities
Komposisi Pemegang Saham Berdasarkan Klasifikasi Pada Akhir Tahun Buku
Composition of Shareholders Based on Classification at the End of the Fiscal Year
31 Desember 2024
31 December 2024
Pemegang Saham
No Persentase
Shareholders Jumlah Saham
Kepemilikan
Total Shares
Saham
Shareholding Percentage
Badan Usaha Indonesia
1 33.854.405.962 81,56%
Indonesian Business Entity
Badan Usaha Asing
2 6.966.297.391 16,78%
Foreign Business Entity
Perorangan Indonesia
3 681.484.696 1,64%
Indonesian Individual
Perorangan Asing
4 5.836.100 0,01%
Foreign Individual
2024 Annual Report PT Pertamina Geothermal Energy Tbk 155
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03 PROFIL PERUSAHAAN
COMPANY PROFILE
Komposisi 20 Pemegang Saham Terbesar Pada Akhir Tahun Buku
Composition of the 20 Largest Shareholders at the End of the Fiscal Year
Persentase
Kepemilikan
Pemegang Saham Jumlah Saham
No Saham Status
Shareholders Total Shares
Shareholding
Percentage
Investor Asing
1 Masdar Indonesia Solar Holdings RSC Limited 6.209.421.300 14,96%
Foreign Investors
Investor Domestik
2 PT Tanam Investasi Indonesia 2.069.807.000 4,99%
Domestic Investors
Investor Domestik
3 PT Prudential Life Assurance - REF 142.922.100 0,34%
Domestic Investors
DBS Vickers SECS Singapore (PTE) LTD A/C Investor Asing
4 134.841.300 0,32%
Clients Foreign Investors
Investor Asing
5 CAF Investments 1 Pte. Ltd 130.000.000 0,31%
Foreign Investors
Citibank New York S/A Government Of Investor Asing
6 126.988.200 0,31%
Norway - 15 Foreign Investors
JPMCB NA RE - Utilico Emerging Markets Trust Investor Asing
7 100.000.000 0,24%
PLC Foreign Investors
Morgan Stanley And Co Intl PLC - IPB Client Investor Asing
8 81.211.100 0,20%
Account Foreign Investors
Reksa Dana Syariah HPAM Ekuitas Syariah Investor Domestik
9 80.770.500 0,19%
Berkah Domestic Investors
Investor Asing
10 DBS Bank LTD S/A Prime Hill Fund 61.595.500 0,15%
Foreign Investors
PT Axa Mandiri Financial Services S/A Mandiri Investor Domestik
11 40.279.600 0,10%
Dynamic Equity Money Rupiah Domestic Investors
Investor Domestik
12 PT Taspen 31.476.900 0,08%
Domestic Investors
Investor Domestik
13 PT Prudential Life Assurance - RMP 28.549.300 0,07%
Domestic Investors
Investor Domestik
14 PT Prudential Sharia Life Assurance - SEF 26.019.400 0,06%
Domestic Investors
Investor Domestik
15 PT Taspen (Asuransi) - AFS 24.913.500 0,06%
Domestic Investors
Investor Domestik
16 PT Prudential Life Assurance - REF III 22.343.800 0,05%
Domestic Investors
Reksa Dana Ashmore Saham Sejahtera Investor Domestik
17 21.580.300 0,05%
Nusantara Domestic Investors
Citibank Europe Plc Lux Branch S/A Abrdn FCP Investor Asing
18 20.361.500 0,05%
Raif - Emerging Asia Excat Equity Fund Foreign Investors
Investor Domestik
19 Prudential Life Assurance - REP 20.150.000 0,05%
Domestic Investors
RD Premier ETF Indo State-Owned Investor Domestik
20 20.077.113 0,05%
CompanieS-889064000 Domestic Investors
156 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Kepemilikan Saham oleh Anggota Dewan Komisaris dan Direksi Secara
Langsung Pada Awal dan Akhir Tahun Buku
Direct Share Ownership by Members of the Board of Commissioners and Board of Directors
at the Beginning and End of the Fiscal Year
1 Januari 2024 31 Desember 2024
1 January 2024 31 December 2024
Nama Jabatan Persentase Persentase
Name Position Jumlah Kepemilikan Jumlah Kepemilikan
Saham Saham Saham Saham
Total Shares Shareholding Total Shares Shareholding
Percentage Percentage
Komisaris Utama/
Komisaris Independen
Sarman Simanjorang - - - -
President Commissioner/
Independent Commissioner
Komisaris Independen
Sujit S. Parhar1 - - - -
Independent Commissioner
Komisaris
Dannif Danusaputro1 50.000 0% 50.000 0%
Commissioner
Komisaris
Harris3 - - - -
Commissioner
Komisaris Independen
Abdulla Zayed2 - - - -
Independent Commissioner
Komisaris Independen
Abdul Musawir Yahya4 - - - -
Independent Commissioner
Komisaris
John Anis2 - - - -
Commissioner
Komisaris
Gigih Udi Atmo4 - - - -
Commissioner
Direktur Utama
Julfi Hadi - - - -
President Director
Direktur Operasi
Ahmad Yani - - - -
Director of Operations
Direktur Eksplorasi dan
Pengembangan
Rachmat Hidajat1 - - - -
Director of Exploration and
Development
Direktur Eksplorasi dan
Pengembangan
Edwil Suzandi2 - - - -
Director of Exploration and
Development
Direktur Keuangan
Nelwin Aldriansyah5 - - - -
Director of Finance
Direktur Keuangan
Yurizki Rio6 - - - -
Director of Finance
Keterangan: Notes:
1
Tidak lagi menjabat sejak 28 Mei 2024 1
No longer serving since 28 May 2024
2
Mulai menjabat sejak 28 Mei 2024 2
Served from 28 May 2024
3
Tidak lagi menjabat sejak 31 Juli 2024 3
No longer serving since 31 July 2024
4
Mulai menjabat sejak 31 Juli 2024 4
Served from 31 July 2024
5
Tidak lagi menjabat sejak 14 Februari 2024 5
No longer serving since 14 February 2024
6
Mulai menjabat sejak 19 Februari 2024 6
Served from 19 February 2024
2024 Annual Report PT Pertamina Geothermal Energy Tbk 157
Page 158
03 PROFIL PERUSAHAAN
COMPANY PROFILE
Kepemilikan Saham oleh Anggota Dewan Komisaris dan Direksi Secara
Tidak Langsung Pada Awal dan Akhir Tahun Buku
Indirect Share Ownership by Members of the Board of Commissioners and Directors at the
Beginning and End of Fiscal Year
1 Januari 2024 31 Desember 2024
1 January 2024 31 December 2024
Nama Jabatan Persentase Persentase
Name Position Jumlah Kepemilikan Jumlah Kepemilikan
Saham Saham Saham Saham
Total Shares Shareholding Total Shares Shareholding
Percentage Percentage
Komisaris Utama/
Komisaris Independen
Sarman Simanjorang - - - -
President Commissioner/
Independent Commissioner
Komisaris Independen
Sujit S. Parhar1 - - - -
Independent Commissioner
Komisaris
Dannif Danusaputro1 - - - -
Commissioner
Komisaris
Harris3 - - - -
Commissioner
Komisaris Independen
Abdulla Zayed2 - - - -
Independent Commissioner
Komisaris Independen
Abdul Musawir Yahya4 - - - -
Independent Commissioner
Komisaris
John Anis2 - - - -
Commissioner
Komisaris
Gigih Udi Atmo4 - - - -
Commissioner
Direktur Utama
Julfi Hadi - - - -
President Director
Direktur Operasi
Ahmad Yani - - - -
Director of Operations
Direktur Eksplorasi dan
Pengembangan
Rachmat Hidajat1 - - - -
Director of Exploration and
Development
Direktur Eksplorasi dan
Pengembangan
Edwil Suzandi 2
- - - -
Director of Exploration and
Development
Direktur Keuangan
Nelwin Aldriansyah5 - - - -
Director of Finance
Direktur Keuangan
Yurizki Rio6 - - - -
Director of Finance
Keterangan: Notes:
1
Tidak lagi menjabat sejak 28 Mei 2024 1
No longer serving since 28 May 2024
2
Mulai menjabat sejak 28 Mei 2024 2
Served from 28 May 2024
3
Tidak lagi menjabat sejak 31 Juli 2024 3
No longer serving since 31 July 2024
4
Mulai menjabat sejak 31 Juli 2024 4
Served from 31 July 2024
5
Tidak lagi menjabat sejak 14 Februari 2024 5
No longer serving since 14 February 2024
6
Mulai menjabat sejak 19 Februari 2024 6
Served from 19 February 2024
158 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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2024 Annual Report PT Pertamina Geothermal Energy Tbk 159
Page 160
03 PROFIL PERUSAHAAN
COMPANY PROFILE
KRONOLOGIS PENCATATAN SAHAM
CHRONOLOGY OF SHARE LISTING
Pada 16 Februari 2023 PGE memperoleh pernyataan On 16 February 2023 PGE obtained an effective
efektif dari Otoritas Jasa Keuangan (OJK) untuk statement from the Financial Services Authority (FSA) to
melakukan Penawaran Umum Saham Perdana atau conduct an Initial Public Offering (IPO) to the public of
Initial Public Offering (IPO) kepada masyarakat 10,350,000,000 (ten billion three hundred and fifty
sebanyak 10.350.000.000 (sepuluh miliar tiga ratus million) common shares representing 25% of the
lima puluh juta) saham biasa atas nama, yang mewakili Company’s issued and paid-up capital, at an offering
25% dari modal ditempatkan dan disetor Perseroan price of Rp875 per share.
dengan harga penawaran Rp875 per lembar saham.
Perseroan telah melaksanakan IPO pada The Company conducted its IPO on 20-22 February
20-22 Februari 2023 dan berhasil meraih dana sebesar 2023 and successfully raised Rp9,056,250,000,000
Rp9.056.250.000.000 (sembilan triliun lima puluh (nine trillion fifty-six billion two hundred and fifty million
enam miliar dua ratus lima puluh juta rupiah). IPO PGE rupiah). PGE’s IPO was oversubscribed by 3.81 times,
mengalami kelebihan permintaan (oversubscribed) indicating a high level of investor confidence in PGE’s
hingga 3,81 kali, menunjukkan tingkat kepercayaan business prospects.
investor yang tinggi kepada prospek bisnis PGE.
Dana yang diperoleh dari IPO setelah dikurangi seluruh Around 85% of the funds obtained from the IPO after
biaya-biaya emisi saham, sekitar 85% dialokasikan being subtracted by all share issuance costs will be
Perseroan untuk pengembangan usaha hingga tahun allocated by the Company for business development in
2025. Kemudian sekitar 15% atau sebanyak-banyaknya 2025. Meanwhile, around 15% or a maximum of
USD100.000.000 digunakan Perseroan untuk USD100,000,000 will be used by the Company to
pembayaran sebagian Facilities Agreement tertanggal pay part of the Facilities Agreement dated 23 June
23 Juni 2021 antara Perseroan dengan Mandated 2021, between the Company and the Mandated Lead
Lead Arrangers, Kreditur Sindikasi Awal dari PT Bank Arrangers, an Initial Syndicated Creditors from PT Bank
Mandiri (Persero) Tbk sebagai Facility Agent. Mandiri (Persero) Tbk as the Facility Agent.
Selanjutnya Perseroan mengalokasikan maksimal Furthermore, the Company will allocate a maximum of
1,50% dari modal ditempatkan dan disetor penuh 1.5% of the issued and paid-up capital after the IPO or
setelah IPO atau sebanyak-banyaknya 630.398.000 a maximum of 630,398,000 (six hundred thirty million
(enam ratus tiga puluh juta tiga ratus sembilan puluh three hundred ninety eight thousand) shares for the
delapan ribu) saham untuk program Opsi Pembelian Management and Employee Stock Option Program
Saham kepada Manajemen dan Karyawan Perseroan (MESOP).
atau Management and Employee Stock Option
Program (MESOP ).
Saham Perseroan tercatat dan mulai diperdagangkan The Company’s shares were listed and started trading
di Bursa Efek Indonesia (BEI) pada 24 Februari 2023 on the Indonesia Stock Exchange (IDX) on 24 February
dengan kode transaksi perdagangan PGEO. Jumlah 2023 with the ticker code “PGEO”. The number of
saham beredar (free float) PGEO mencapai PGEO’s free-float shares reached 4,140,578,700 (four
4.140.578.700 (empat miliar seratus empat puluh juta billion one hundred forty million five hundred seventy
lima ratus tujuh puluh delapan ribu tujuh ratus) saham, eight thousand seven hundred) shares, or 10% of the
atau 10% dari seluruh modal disetor Perseroan. Company’s total paid-up capital.
160 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Kronologis Pencatatan Saham
Chronology of Share Listing
16 Februari | February 2023 20 - 22 Februari | February 2023
Memperoleh penyataan efektif dari OJK Penawaran saham, oversubscribed 3,81 kali
Obtaining an effective statement from the FSA Initial Public Offering, oversubscribed by 3.81 times
24 Februari | February 2023
Saham PGEO tercatat dan diperdagangkan di BEI
PGEO’s shares listed and traded on the IDX
2024 Annual Report PT Pertamina Geothermal Energy Tbk 161
Page 162
03 PROFIL PERUSAHAAN
COMPANY PROFILE
KRONOLOGIS PENCATATAN OBLIGASI
CHRONOLOGY OF BOND LISTING
Tanggal 27 April 2023 Perseroan menerbitkan surat On 27 April 2023 the Company issued green bonds
utang berwawasan lingkungan (green bond) senilai worth USD400,000,000 (four hundred million United
USD400.000.000 (empat ratus juta Dolar Amerika States Dollars) with a fixed annual coupon rate of
Serikat) dengan bunga tetap sebesar 5,15% (lima 5.15% (five point fifteen percent), maturing on 27 April
koma lima belas persen) per tahun dan jatuh tempo 2028.
pada 27 April 2028.
Green bond PGE menjadi prominent green bond di PGE’s Green bond is a prominent green bond in the
secondary market yang tercatat di Singapore Exchange secondary market listed on the Singapore Exchange
Securities Trading Limited (SGX-ST) dan mendapatkan Securities Trading Limited (SGX-ST) and is rated Baa3
peringkat Baa3 (Stable) dari Moody’s Investors (Stable) by Moody’s Investors Services and BBB-
Services dan BBB- (Stable) dari Fitch Rating. Peringkat (Stable) by Fitch Rating. These ratings indicate the
tersebut menunjukkan fundamental bisnis Perseroan Company’s robust business fundamentals so that it has
yang kuat sehingga memiliki proyeksi investasi a promising investment outlook in the future.
menjanjikan di masa depan.
Kepercayaan investor yang tinggi kepada green bond Investors’ high confidence in PGE’s green bond is
PGE terlihat dari kelebihan permintaan (oversubscribed) evident from the oversubscription of up to 8.25 times or
hingga 8,25 kali atau senilai USD3,3 miliar. Hal ini a worth of USD3.3 billion. This serves as an indicator
menjadi indikator akan kepercayaan investor terhadap of investor confidence in the investment potential in the
potensi investasi di sektor geotermal dan energi geothermal and renewable energy sectors in Indonesia.
terbarukan di Indonesia.
Dana dari penerbitan green bond akan digunakan The funds from the green bond issuance will be used by
Perseroan untuk membiayai kembali (refinancing) the Company to refinance PGE’s geothermal resource
proyek-proyek pengembangan sumber daya geotermal development projects. The use of funds for refinancing
PGE. Penggunaan dana untuk refinancing sudah sesuai has complied with the Eligibility Criteria set forth in
dengan Eligibility Criteria yang telah ditetapkan dalam PGE’s Green Financing Framework which aligns with
Green Financing Framework PGE yang selaras dengan the Green Bonds Principles 2021, Green Loan Principles
Green Bonds Principles 2021, Green Loan Principles 2021, and ASEAN Green Bonds Standards 2018.
2021 dan ASEAN Green Bonds Standards 2018.
Peringkat Green Bond PGE
PGE Green Bond Rating
Agensi Pemeringkat Peringkat
Outlook
Rating Agencies Rating
Moody’s Baa3 Stable
Fitch Ratings BBB- Stable
162 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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STRUKTUR GRUP PERSEROAN
CORPORATE GROUP STRUCTURE
ENTITAS ANAK ENTITAS ASOSIASI
SUBSIDIARIES ASSOCIATES
1. PT Pertamina Hulu Energi Corridor
PT GEOTHERMAL ENERGI SEULAWAH 2. PT Pertamina Hulu Energi Gebang North Sumatera
3. PT Pertamina Hulu Energi Jabung
4. PT Pertamina Hulu Energi Jambi Merang
5. PT Pertamina Hulu Energi Kakap
25% 75% 6. PT Pertamina Hulu Energi Makassar Strait
Perusahaan Daerah PT Pertamina
7. PT Pertamina Hulu Energi Ogan Komering
Pembangunan Aceh Geothermal Energy
8. PT Pertamina Hulu Energi NSO
9. PT Pertamina Hulu Energi Raja Tempirai
10. PT Pertamina Hulu Energi Coastal Plains
11. PT Pertamina Hulu Energi Salawati Basin
12. PT Pertamina Hulu Energi Salawati
13. PT Pertamina Hulu Energi Simenggaris
14. PT Pertamina Hulu Energi South Jambi B
PT CAHAYA ANAGATA ENERGY
15. PT Pertamina Hulu Energi Tengah K
16. PT Pertamina Hulu Energi Tomori Sulawesi
17. PT Pertamina Hulu Energi Tuban East Java
18. PT Pertamina Hulu Energi West Madura Offshore
60% 40% 19. PT Pertamina Hulu Energi Sakakemang
PT Pertamina 20. PT Pertamina Hulu Energi Kampar
Chevron New
Geothermal Energy
Energies Holdings 21. PT Pertamina Hulu Energi Ambalat Timur
Indonesia Ltd.
PT PGE KOTAMOBAGU
HULU ENERGI
1%
PT Pertamina
99%
Hulu Energi
2024 Annual Report PT Pertamina Geothermal Energy Tbk 163
Page 164
03 PROFIL PERUSAHAAN
COMPANY PROFILE
Entitas Anak, Entitas Asosiasi, dan Perusahaan Ventura
Subsidiaries, Associates, Joint Ventures
Entitas Anak
Subsidiaries
PT PERTAMINA GEOTHERMAL ENERGY KOTAMOBAGU PT PERTAMINA GEOTHERMAL ENERGY SEULAWAH
Alamat : Wilayah kerja Kotamobagu, Provinsi Sulawesi Utara Alamat : Wilayah kerja Seulawah Agam, Provinsi Aceh
Address WKP Kotamobagu, North Sulawesi Province Address WKP Seulawah Agam, Aceh Province
Kegiatan Usaha : Pengusahaan Tenaga Panas Bumi Kegiatan Usaha : Pengusahaan Tenaga Panas Bumi
Line of Business Geothermal Energy Business. Line of Business Geothermal Energy Business.
Kepemilikan Saham : 99% Kepemilikan Saham : 75%
Share Ownership Share Ownership
Tahun Pendirian : 2016 Tahun Pendirian : 2017
Establishment Year Establishment Year
Dasar Hukum : Akta Pendirian No. 3 tanggal 9 Mei 2016 Dasar Hukum : Akta Pendirian No.6 tanggal 31 Juli 2017
Pendirian sebagaimana diubah dengan Akta No. 20 Pendirian Deed of Establishment No. 6 dated 31 July
Legal Basis of tanggal 22 Juli 2022 Legal Basis of 2017
Establishment Deed of Establishment No. 3 dated 9 Establishment
May 2016, as amended by Deed No. 20
dated 22 July 2022
Status Operasional : Belum beroperasi/produksi Status Operasional : Belum beroperasi/produksi
Operation Status Not yet in operation/production Operation Status Not yet in operation/production
Wilayah Kerja : Kotamobagu, Provinsi Sulawesi Utara. Wilayah Kerja : Seulawah, Agam, Aceh.
Work Area Kotamobagu, North Sulawesi Province. Work Area
Jumlah Aset : USD10.555,16 Jumlah Aset : USD222.164,31
Total Asset Total Asset
PT CAHAYA ANAGATA ENERGY
Alamat : Wilayah kerja Way Ratai, Provinsi Lampung
Address WKP Way Ratai, Lampungi Province
Kegiatan Usaha : Pengusahaan Tenaga Panas Bumi
Line of Business Geothermal Energy Business.
Kepemilikan Saham : 40%
Share Ownership
Tahun Pendirian : 2023
Establishment Year
Dasar Hukum : Akta Pendirian No. 36 tanggal 6 December
Pendirian 2023
Legal Basis of December 2023, as amended by Deed No.36
Establishment dated 22 July 2022
Status Operasional : Belum beroperasi
Operation Status Not yet in operation/production
Wilayah Kerja : Way Ratai, Lampung.
Work Area Way Ratai, Lampungi Province
Jumlah Aset : USD29.100.000
Total Asset
164 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Entitas Asosiasi
Associates
PT PERTAMINA HULU ENERGI CORRIDOR PT PERTAMINA HULU ENERGI GEBANG NORTH SUMATERA
Alamat : PHE Tower Lantai 25 Jalan TB. Simatupang Alamat : PHE Tower Lantai 25 Jalan TB. Simatupang
Address Kav. 99 Jakarta Selatan Address Kav. 99 Jakarta Selatan
PHE Tower 25th Floor, Jalan TB Simatupang PHE Tower 25th Floor, Jalan TB Simatupang
Kav. 99 South Jakarta Kav. 99 South Jakarta
Kegiatan Usaha : Pengusahaan Tenaga Panas Bumi Kegiatan Usaha : Usaha Hulu Migas
Line of Business Upstream Oil and Gas Business Line of Business Upstream Oil and Gas Business
Kepemilikan Saham : PT Pertamina Geothermal Energy Tbk: 1% Kepemilikan Saham : PT Pertamina Geothermal Energy Tbk: 1%
Share Ownership PT Pertamina Hulu Energi: 99% Share Ownership PT Pertamina Hulu Energi: 99%
Tahun Pendirian : 2007 Tahun Pendirian : 2007
Establishment Year Establishment Year
Dasar Hukum : Akta Pendirian No. 20 tanggal 18 Desember Dasar Hukum : Akta Pendirian No. 13 tanggal 18 Desember
Pendirian 2007 Pendirian 2007
Legal Basis of Deed of Establishment No. 20 dated 18 Legal Basis of Deed of Establishment No. 13 dated 18
Establishment December 2007 Establishment December 2007
Status Operasional : Sudah Beroperasi Status Operasional : Non - Aktif
Operation Status Already in operation Operation Status Non - Active
PT PERTAMINA HULU ENERGI JABUNG PT PERTAMINA HULU ENERGI KAKAP
Alamat : PHE Tower Lantai 25 Jalan TB. Simatupang Alamat : PHE Tower Lantai 25 Jalan TB. Simatupang
Address Kav. 99 Jakarta Selatan Address Kav. 99 Jakarta Selatan
PHE Tower 25th Floor, Jalan TB Simatupang PHE Tower 25th Floor, Jalan TB Simatupang
Kav. 99 South Jakarta Kav. 99 South Jakarta
Kegiatan Usaha : Usaha Hulu Migas Kegiatan Usaha : Usaha Hulu Migas
Line of Business Upstream Oil and Gas Business Line of Business Upstream Oil and Gas Business
Kepemilikan Saham : PT Pertamina Geothermal Energy Tbk: 1% Kepemilikan Saham : PT Pertamina Geothermal Energy Tbk: 1%
Share Ownership PT Pertamina Hulu Energi: 99% Share Ownership PT Pertamina Hulu Energi: 99%
Tahun Pendirian : 2007 Tahun Pendirian : 2007
Establishment Year Establishment Year
Dasar Hukum : Akta Pendirian No. 21 tanggal 18 Desember Dasar Hukum : Akta Pendirian No. 17 tanggal 18 Desember
Pendirian 2007 Pendirian 2007
Legal Basis of Deed of Establishment No. 21 dated 18 Legal Basis of Deed of Establishment No. 17 dated 18
Establishment December 2007 Establishment December 2007
Status Operasional : Sudah Beroperasi /Produksi Status Operasional : Sudah Beroperasi /Produksi
Operation Status Already in operation/production Operation Status Already in operation/production
PT PERTAMINA HULU ENERGI OGAN KOMERING PT PERTAMINA HULU ENERGI JAMBI MERANG
Alamat : PHE Tower Lantai 25 Jalan TB. Simatupang Alamat : PHE Tower Lantai 25 Jalan TB. Simatupang
Address Kav. 99 Jakarta Selatan Address Kav. 99 Jakarta Selatan
PHE Tower 25th Floor, Jalan TB Simatupang PHE Tower 25th Floor, Jalan TB Simatupang
Kav. 99 South Jakarta Kav. 99 South Jakarta
Kegiatan Usaha : Usaha Hulu Migas Kegiatan Usaha : Usaha Hulu Migas
Line of Business Upstream Oil and Gas Business Line of Business Upstream Oil and Gas Business
Kepemilikan Saham : PT Pertamina Geothermal Energy Tbk: 1% Kepemilikan Saham : PT Pertamina Geothermal Energy Tbk: 1%
Share Ownership PT Pertamina Hulu Energi: 99% Share Ownership PT Pertamina Hulu Energi: 99%
Tahun Pendirian : 2007 Tahun Pendirian : 2007
Establishment Year Establishment Year
Dasar Hukum : Akta Pendirian No. 14 tanggal 18 Desember Dasar Hukum : Akta Pendirian No. 9 tanggal 18 Desember
Pendirian 2007 Pendirian 2007
Legal Basis of Deed of Establishment No.14 dated 18 Legal Basis of Deed of Establishment No. 9 dated 18
Establishment December 2007 Establishment December 2007
Status Operasional : Sudah Beroperasi /Produksi Status Operasional : Sudah Beroperasi /Produksi
Operation Status Already in operation/production Operation Status Already in operation/production
2024 Annual Report PT Pertamina Geothermal Energy Tbk 165
Page 166
03 PROFIL PERUSAHAAN
COMPANY PROFILE
PT PERTAMINA HULU ENERGI MAKASSAR STRAIT PT PERTAMINA HULU ENERGI NSO
Alamat : PHE Tower Lantai 25 Jalan TB. Simatupang Alamat : PHE Tower Lantai 25 Jalan TB. Simatupang
Address Kav. 99 Jakarta Selatan Address Kav. 99 Jakarta Selatan
PHE Tower 25th Floor, Jalan TB Simatupang PHE Tower 25th Floor, Jalan TB Simatupang
Kav. 99 South Jakarta Kav. 99 South Jakarta
Kegiatan Usaha : Usaha Hulu Migas Kegiatan Usaha : Usaha Hulu Migas
Line of Business Upstream Oil and Gas Business Line of Business Upstream Oil and Gas Business
Kepemilikan Saham : PT Pertamina Geothermal Energy Tbk: 1% Kepemilikan Saham : PT Pertamina Geothermal Energy Tbk: 1%
Share Ownership PT Pertamina Hulu Energi: 99% Share Ownership PT Pertamina Hulu Energi: 99%
Tahun Pendirian : 2007 Tahun Pendirian : 2008
Establishment Year Establishment Year
Dasar Hukum : Akta Pendirian No. 23 tanggal 18 Desember Dasar Hukum : Akta Pendirian No. 12 tanggal 15 Januari
Pendirian 2007 Pendirian 2008
Legal Basis of Deed of Establishment No.23 dated 18 Legal Basis of Deed of Establishment No. 12 dated 15
Establishment December 2007 Establishment January 2008
Status Operasional : Sudah Beroperasi /Produksi Status Operasional : Sudah Beroperasi /Produksi
Operation Status Already in operation/production Operation Status Already in operation/production
PT PERTAMINA HULU ENERGI SALAWATI BASIN PT PERTAMINA HULU ENERGI RAJA SIMENGGARIS
Alamat : PHE Tower Lantai 25 Jalan TB. Simatupang Alamat : PHE Tower Lantai 25 Jalan TB. Simatupang
Address Kav. 99 Jakarta Selatan Address Kav. 99 Jakarta Selatan
PHE Tower 25th Floor, Jalan TB Simatupang PHE Tower 25th Floor, Jalan TB Simatupang
Kav. 99 South Jakarta Kav. 99 South Jakarta
Kegiatan Usaha : Usaha Hulu Migas Kegiatan Usaha : Usaha Hulu Migas
Line of Business Upstream Oil and Gas Business Line of Business Upstream Oil and Gas Business
Kepemilikan Saham : PT Pertamina Geothermal Energy Tbk: 1% Kepemilikan Saham : PT Pertamina Geothermal Energy Tbk: 1%
Share Ownership PT Pertamina Hulu Energi: 99% Share Ownership PT Pertamina Hulu Energi: 99%
Tahun Pendirian : 2007 Tahun Pendirian : 2007
Establishment Year Establishment Year
Dasar Hukum : Akta Pendirian No. 22 tanggal 18 Desember Dasar Hukum : Akta Pendirian No. 10 tanggal 18 Desember
Pendirian 2007 Pendirian 2007
Legal Basis of Deed of Establishment No. 22 dated 18 Legal Basis of Deed of Establishment No. 10 dated 18
Establishment December 2007 Establishment December 2007
Status Operasional : Sudah Beroperasi /Produksi Status Operasional : Pengembangan
Operation Status Already in operation/production Operation Status Development
PT PERTAMINA HULU ENERGI RAJA TEMPIRAI PT PERTAMINA HULU ENERGI SALAWATI
Alamat : PHE Tower Lantai 25 Jalan TB. Simatupang Alamat : PHE Tower Lantai 25 Jalan TB. Simatupang
Address Kav. 99 Jakarta Selatan Address Kav. 99 Jakarta Selatan
PHE Tower 25th Floor, Jalan TB Simatupang PHE Tower 25th Floor, Jalan TB Simatupang
Kav. 99 South Jakarta Kav. 99 South Jakarta
Kegiatan Usaha : Usaha Hulu Migas Kegiatan Usaha : Usaha Hulu Migas
Line of Business Upstream Oil and Gas Business Line of Business Upstream Oil and Gas Business
Kepemilikan Saham : PT Pertamina Geothermal Energy Tbk: 1% Kepemilikan Saham : PT Pertamina Geothermal Energy Tbk: 1%
Share Ownership PT Pertamina Hulu Energi: 99% Share Ownership PT Pertamina Hulu Energi: 99%
Tahun Pendirian : 2007 Tahun Pendirian : 2007
Establishment Year Establishment Year
Dasar Hukum : Akta Pendirian No. 12 tanggal 18 Desember Dasar Hukum : Akta Pendirian No. 11 tanggal 18 Desember
Pendirian 2007 Pendirian 2007
Legal Basis of Deed of Establishment No.12 dated 18 Legal Basis of Deed of Establishment No. 11 dated 18
Establishment December 2007 Establishment December 2007
Status Operasional : Sudah Beroperasi /Produksi Status Operasional : Sudah Beroperasi /Produksi
Operation Status Already in operation/production Operation Status Already in operation/production
166 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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PT PERTAMINA HULU ENERGI TOMORI SULAWESI PT PERTAMINA HULU ENERGI WEST MADURA OFFSHORE
Alamat : PHE Tower Lantai 25 Jalan TB. Simatupang Alamat : PHE Tower Lantai 25 Jalan TB. Simatupang
Address Kav. 99 Jakarta Selatan Address Kav. 99 Jakarta Selatan
PHE Tower 25th Floor, Jalan TB Simatupang PHE Tower 25th Floor, Jalan TB Simatupang
Kav. 99 South Jakarta Kav. 99 South Jakarta
Kegiatan Usaha : Usaha Hulu Migas Kegiatan Usaha : Usaha Hulu Migas
Line of Business Upstream Oil and Gas Business Line of Business Upstream Oil and Gas Business
Kepemilikan Saham : PT Pertamina Geothermal Energy Tbk: 1% Kepemilikan Saham : PT Pertamina Geothermal Energy Tbk: 1%
Share Ownership PT Pertamina Hulu Energi: 99% Share Ownership PT Pertamina Hulu Energi: 99%
Tahun Pendirian : 2007 Tahun Pendirian : 2007
Establishment Year Establishment Year
Dasar Hukum : Akta Pendirian No. 8 tanggal 18 Desember Dasar Hukum : Akta Pendirian No. 18 tanggal 18 Desember
Pendirian 2007 Pendirian 2007
Legal Basis of Deed of Establishment No.8 dated 18 Legal Basis of Deed of Establishment No. 18 dated 18
Establishment December 2007 Establishment December 2007
Status Operasional : Sudah Beroperasi /Produksi Status Operasional : Sudah Beroperasi /Produksi
Operation Status Already in operation/production Operation Status Already in operation/production
PT PERTAMINA HULU ENERGI TENGAH K PT PERTAMINA HULU ENERGI TUBAN EAST JAVA
Alamat : PHE Tower Lantai 25 Jalan TB. Simatupang Alamat : PHE Tower Lantai 25 Jalan TB. Simatupang
Address Kav. 99 Jakarta Selatan Address Kav. 99 Jakarta Selatan
PHE Tower 25th Floor, Jalan TB Simatupang PHE Tower 25th Floor, Jalan TB Simatupang
Kav. 99 South Jakarta Kav. 99 South Jakarta
Kegiatan Usaha : Usaha Hulu Migas Kegiatan Usaha : Usaha Hulu Migas
Line of Business Upstream Oil and Gas Business Line of Business Upstream Oil and Gas Business
Kepemilikan Saham : PT Pertamina Geothermal Energy Tbk: 1% Kepemilikan Saham : PT Pertamina Geothermal Energy Tbk: 1%
Share Ownership PT Pertamina Hulu Energi: 99% Share Ownership PT Pertamina Hulu Energi: 99%
Tahun Pendirian : 2007 Tahun Pendirian : 2007
Establishment Year Establishment Year
Dasar Hukum : Akta Pendirian No. 19 tanggal 18 Desember Dasar Hukum : Akta Pendirian No. 15 tanggal 18 Desember
Pendirian 2007 Pendirian 2007
Legal Basis of Deed of Establishment No. 19 dated 18 Legal Basis of Deed of Establishment No. 15 dated 18
Establishment December 2007 Establishment December 2007
Status Operasional : Non-Aktif Status Operasional : Sudah Beroperasi /Produksi
Operation Status Non-Active Operation Status Already in operation/production
PT PERTAMINA HULU ENERGI ENERGI SAKAKEMANG PT PERTAMINA HULU ENERGI AMBALAT TIMUR
Alamat : PHE Tower Lantai 25 Jalan TB. Simatupang Alamat : PHE Tower Lantai 25 Jalan TB. Simatupang
Address Kav. 99 Jakarta Selatan Address Kav. 99 Jakarta Selatan
PHE Tower 25th Floor, Jalan TB Simatupang PHE Tower 25th Floor, Jalan TB Simatupang
Kav. 99 South Jakarta Kav. 99 South Jakarta
Kegiatan Usaha : Usaha Hulu Migas Kegiatan Usaha : Usaha Hulu Migas
Line of Business Upstream Oil and Gas Business Line of Business Upstream Oil and Gas Business
Kepemilikan Saham : PT Pertamina Geothermal Energy Tbk: 1% Kepemilikan Saham : PT Pertamina Geothermal Energy Tbk: 1%
Share Ownership PT Pertamina Hulu Energi: 99% Share Ownership PT Pertamina Hulu Energi: 99%
Tahun Pendirian : 2007 Tahun Pendirian : 2016
Establishment Year Establishment Year
Dasar Hukum : Akta Pendirian No. 22 tanggal 19 Mei 2015 Dasar Hukum : Akta Pendirian No. 3 tanggal 9 Mei 2016
Pendirian Deed of Establishment No. 22 dated 19 Pendirian Deed of Establishment No. 3 dated 9 May
Legal Basis of May 2015 Legal Basis of 2016
Establishment Establishment
Status Operasional : Eksplorasi Status Operasional : Eksplorasi
Operation Status Exploration Operation Status Exploration
2024 Annual Report PT Pertamina Geothermal Energy Tbk 167
Page 168
03 PROFIL PERUSAHAAN
COMPANY PROFILE
PT PERTAMINA HULU ENERGI COASTAL PLAINS
PT PERTAMINA HULU ENERGI ENERGI KAMPAR
PEKANBARU
Alamat : PHE Tower Lantai 25 Jalan TB. Simatupang Alamat : PHE Tower Lantai 25 Jalan TB. Simatupang
Address Kav. 99 Jakarta Selatan Address Kav. 99 Jakarta Selatan
PHE Tower 25th Floor, Jalan TB Simatupang PHE Tower 25th Floor, Jalan TB Simatupang
Kav. 99 South Jakarta Kav. 99 South Jakarta
Kegiatan Usaha : Usaha Hulu Migas Kegiatan Usaha : Usaha Hulu Migas
Line of Business Upstream Oil and Gas Business Line of Business Upstream Oil and Gas Business
Kepemilikan Saham : PT Pertamina Geothermal Energy Tbk: 1% Kepemilikan Saham : PT Pertamina Geothermal Energy Tbk: 1%
Share Ownership PT Pertamina Hulu Energi: 99% Share Ownership PT Pertamina Hulu Energi: 99%
Tahun Pendirian : 2015 Tahun Pendirian : 2007
Establishment Year Establishment Year
Dasar Hukum : Akta Pendirian No. 23 tanggal 19 Mei Dasar Hukum : Akta Pendirian No. 51 Tanggal 30 Mei 2008
Pendirian 2015 Pendirian Deed of Establishment No. 51 dated 30 May
Legal Basis of Deed of Establishment No. 23 dated 19 Legal Basis of 2008
Establishment May 2015 Establishment
Status Operasional : Sudah Beroperasi /Produksi Status Operasional : Sudah Beroperasi /Produksi
Operation Status Already in operation/production Operation Status Already in operation/production
PT PERTAMINA HULU ENERGI SOUTH JAMBI B
Alamat : PHE Tower Lantai 25 Jalan TB. Simatupang
Address Kav. 99 Jakarta Selatan
PHE Tower 25th Floor, Jalan TB Simatupang
Kav. 99 South Jakarta
Kegiatan Usaha : Usaha Hulu Migas
Line of Business Upstream Oil and Gas Business
Kepemilikan Saham : PT Pertamina Geothermal Energy Tbk: 1%
Share Ownership PT Pertamina Hulu Energi: 99%
Tahun Pendirian : 2007
Establishment Year
Dasar Hukum : Akta Pendirian No. 16 Tanggal 18 Desember
Pendirian 2007
Legal Basis of Deed of Establishment No. 16 dated 18
Establishment December 2007
Status Operasional : Non - Aktif
Operation Status Non Active
Anak PGE pada Anak Usaha PT Pertamina Hulu Energi (Terdiri dari 21 Anak Perusahaan)
Subsidiaries of PGE within the Subsidiaries of PT Pertamina Hulu Energi (Comprising 21 Subsidiary Companies)
1 PT Pertamina Hulu Energi NSO 12 PT Pertamina Hulu Energi South Jambi B
2 PT Pertamina Hulu Energi Kampar 13 PT Pertamina Hulu Energi Ambalat Timur
3 PT Pertamina Hulu Energi Coastal Plains Pekanbaru 14 PT Pertamina Hulu Energi Simenggaris
4 PT Pertamina Hulu Energi Jambi Merang 15 PT Pertamina Hulu Energi Tengah K
5 PT Pertamina Hulu Energi Ogan Komering 16 PT Pertamina Hulu Energi Salawati
6 PT Pertamina Hulu Energi Kakap 17 PT Pertamina Hulu Energi Tuban East Java
7 PT Pertamina Hulu Energi Raja Tempirai 18 PT Pertamina Hulu Energi West Madura Offshore
8 PT Pertamina Hulu Energi Jabung 19 PT Pertamina Hulu Energi Makassar Strait
9 PT Pertamina Hulu Energi Corridor 20 PT Pertamina Hulu Energi Salawati Basin
10 PT Pertamina Hulu Energi Gebang N Sumatra 21 PT Pertamina Hulu Energi Tomori Sulawesi
11 PT Pertamina Hulu Energi MNK Sakakemang
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ALAMAT KANTOR AREA, ENTITAS ANAK,
DAN ENTITAS ASOSIASI
ADDRESS OF AREA OFFICE, SUBSIDIARIES, AND ASSOCIATES
Alamat Kantor Area
Address of Area Office
Area Kamojang Area Ulubelu
Area Lahendong
Kamojang Area Ulubelu Area
Lahendong Area
Jl. Raya Kamojang Kab. Bandung Jl. Raya Ulubelu Pekon Muara Dua, Jl. Raya Tomohon No. 420 Tomohon,
PO BOX 120 Garut, Jawa Barat, 44151 Ulubelu, Tanggamus, Lampung, 35373 Sulawesi Utara 95362
T: (022) 780 6882/780 6883 T: (0729) 228 81/228 82 T: (0431) 351 378
F: (022) 780 6379 F: (0729) 228 83 F: (0431) 351 175
Area Karaha Area Sibayak Area Lumut Balai
Karaha Area Sibayak Area Lumut Balai Area
Jl. Karaha Kp. Ciselang, Ds. Kadipaten Kec. Ds. Semangat Gunung Kec. Merdeka, Ds. Penindaian Kec. Semende Darat Laut,
Kadipaten, Kab. Tasikmalaya Jawa Barat, Kab. Karo, Sumatera Utara, 22158 Kab. Muara Enim Sumatera Selatan, 31356
46157 T: (0628) 352 0873
T: (0265) 3983 3222 F: (0628) 352 2025
F: (0265) 3983 3230
Entitas Anak
Subsidiaries
PT Pertamina Geothermal PT Geothermal Energi
Energy Kotamobagu Seulawah
Kantor Pusat Head Office Kantor Pusat Head Office
Grha Pertamina - Tower Pertamax Lt. 9, Jl. Medan Merdeka Timur Grha Pertamina - Tower Pertamax Lt. 9, Jl. Medan Merdeka Timur
No. 11- 13, Gambir, Jakarta Pusat – 10110, Indonesia Telp: 021 No. 11- 13, Gambir, Jakarta Pusat – 10110, Indonesia
39833222 Telp: 021 39833222
PT Cahaya Anagata Energy
Kantor Pusat Head Office
Grha Pertamina - Tower Pertamax Lt. 9, Jl. Medan Merdeka Timur No. 11- 13, Gambir, Jakarta Pusat – 10110, Indonesia
Telp: 021 39833222
2024 Annual Report PT Pertamina Geothermal Energy Tbk 169
Page 170
03 PROFIL PERUSAHAAN
COMPANY PROFILE
NAMA DAN ALAMAT LEMBAGA DAN/
ATAU PROFESI PENUNJANG
PASAR MODAL
NAME AND ADDRESS OF CAPITAL MARKET SUPPORTING
INSTITUTIONS AND/OR PROFESSIONS
Akuntan Publik dan Kantor Akuntan Public Accountant and Public
Publik (KAP) Accounting Firm (KAP)
Berdasarkan keputusan Rapat Umum Pemegang Saham Based on the resolutions of the Annual General
Tahunan (RUPST) Tahun Buku 2024 yang Meeting of Shareholders (AGMS) of the 2024 Fiscal
diselenggarakan pada 28 Mei 2024, Perseroan telah Year made on 28 May 2024, the Company has
menetapkan KAP Purwantono, Sungkoro & Surja (EY) appointed KAP Purwantono, Sungkoro & Surja (EY) as
sebagai auditor independen untuk melaksanakan audit an independent auditor to audit the Financial
atas Laporan Keuangan Tahun Buku 2024. Statements for the 2024 Fiscal Year.
Penunjukan KAP sebagai pelaksana audit Laporan The appointment of KAP as an auditor of the Company’s
Keuangan Perseroan Tahun Buku 2024 dilaksanakan Financial Statements for the 2024 Fiscal Year was
untuk memenuhi ketentuan Keputusan Menteri made to comply with the provisions of Decree of
Keuangan Nomor 423/KMK.06/2002 Tahun 2002 Minister of Finance No. 423/KMK.06/2002 of 2002
tentang Praktik Akuntan Publik, serta Peraturan Otoritas on Public Accountant Practices and Regulation of the
Jasa Keuangan (OJK) Nomor 9 Tahun 2023 tentang Financial Services Authority No. 9 of 2023 on the Use
Penggunaan Jasa Akuntan Publik dan Kantor Akuntan of Public Accountants and Public Accounting Firms in
Publik dalam Kegiatan Jasa Keuangan. Financial Services.
PURWANTONO, SUNGKORO, & SURJA
Alamat: Indonesia Stock Exchange Building, Tower 2, 7th Floor, JI. Jend. Sudirman
Address: Kav. 52 - 53, Jakarta 12190, Indonesia
Nama Akuntan:
Irwan Haswir
Accountant’s Name:
Izin Akuntan:
AP.1726
Accountant’s Licence:
Jasa yang diberikan: Audit Laporan Keuangan Tahun Buku 2024
Services Provided: Audit of Financial Statements for the 2024 Fiscal Year
Periode Penugasan: 2024
Assignment Period:
Opini: Wajar dalam semua hal yang material
Opinion: Unqualified Opinion
Biaya:
Rp2.020.000.000
Fee:
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Jasa Lain yang Diberikan Other Services Provided
Selain melakukan audit atas laporan keuangan In addition to auditing the annual financial statements,
tahunan, KAP Purwantono, Sungkoro & Surja (EY) tidak KAP Purwantono, Sungkoro & Surja (EY) did not
memberikan jasa audit lainnya selama tahun 2024. provide any other audit services throughout 2024.
Penggunaan Jasa Akuntan Publik Tahun 2022-2024
Chronology of Use of Public Accountant Services for 2022-2024
Kantor Jasa yang
Tahun Akuntan Biaya (Rp)
Akuntan Alamat DIberikan Opini Audit
Buku Accountant’s Fee (Rp)
Publik Address Services Opini Audit
Fiscal Year Name
Fiscal Year Provided
2024 Purwantono, Indonesia Stock Irwan Haswir Audit Laporan Wajar dalam
Sungkoro, dan Exchange Izin No. AP. Keuangan semua hal yang 2.020.000.000
Surja (EY) Building, Tower 1726 Tahunan material
2, 7th Floor, Perseroan untuk
Jl.Jend. Sudirman Permit No. AP. tahun buku yang Unqualified
Kav. 52-53, 1726 berakhir 31 Opinion
Jakarta 12190, Desember 2024
Indonesia
T: (021) 5289 The audit of
5000 the Company’s
F: (021) 5289 Annual Financial
4100 Statements for
www.ey.com the fiscal year
ending on 31
December 2024
2023 Purwantono, Indonesia Stock Irwan Haswir Audit Laporan Wajar dalam 1.743.000.000
Sungkoro, dan Exchange Izin No. AP. Keuangan semua hal yang
Surja (EY) Building, Tower 1726 Tahunan material
2, 7th Floor, Perseroan untuk
Jl.Jend. Sudirman tahun buku yang Unqualified
Kav. 52-53, Permit No. AP. berakhir 31 Opinion
Jakarta 12190, 1726 Desember 2023
Indonesia
T: (021) 5289 The audit of
5000 the Company’s
F: (021) 5289 Annual Financial
4100 Statements for
www.ey.com the fiscal year
ending on 31
December 2023
2022 Purwantono, Indonesia Stock Irwan Haswir Audit Laporan Wajar Tanpa 1.425.000.000
Sungkoro, dan Exchange Izin No. AP. Keuangan Pengecualian
Surja (EY) Building, Tower 1726 Tahunan
2, 7th Floor, Perseroan untuk Unqualified
Jl.Jend. Sudirman tahun buku yang Opinion
Kav. 52-53, Permit No. AP. berakhir 31
Jakarta 12190, 1726 Desember 2022
Indonesia
T: (021) 5289 The audit of
5000 the Company’s
F: (021) 5289 Annual Financial
4100 Statements for
www.ey.com the fiscal year
ending on 31
December 2022
2024 Annual Report PT Pertamina Geothermal Energy Tbk 171
Page 172
03 PROFIL PERUSAHAAN
COMPANY PROFILE
Konsultan Hukum
Legal Consultant
Ginting & Reksodiputro in association with Allen Overy Shearman Sterling LLP.
Alamat: The Energy Building, 15th Floor, Sudirman Central Business District, Jl. Jenderal Sudirman Kav. 52 - 53, RT. 5 /
Address: RW. 3, Senayan, Kebayoran Baru, Jakarta 12190
T: 021 2986 5151
Jasa yang diberikan: 1. Jasa Konsultan Hukum sebagai Retainer Lawyer dalam Penyusunan Materi dan Presentasi Kepatuhan Pasar
Services Provided: Modal
2. Jasa Konsultan Hukum sebagai Retainer Lawyer dalam Penyusunan Buku Putih IPO PGE – Tahap 2
3. Jasa Konsultan Hukum sebagai Retainer Lawyer dalam Proyek Way Ratai
4. Jasa Konsultan Hukum sebagai Retainer Lawyer dalam Proyek Gala
5. Jasa Konsultan Hukum sebagai Retainer Lawyer dalam Proyek Lily
6. Jasa Konsultan Hukum sebagai Retainer Lawyer dalam Proyek Co-Generation
7. Jasa Konsultan Hukum sebagai Retainer Lawyer dalam Proyek Mira
1. Legal Consultant Services as Retainer Lawyer in Preparation of Capital Market Compliance Materials and
Presentations
2. Legal Consultant Services as Retainer Lawyer in Preparation of PGE IPO White Paper – Phase 2
3. Legal Consultant Services as Retainer Lawyer in Way Ratai Project
4. Legal Consultant Services as Retainer Lawyer in Gala Project
5. Legal Consultant Services as Retainer Lawyer in Lily Project
6. Legal Consultant Services as Retainer Lawyer in Co-Generation Project
7. Legal Consultant Services as Retainer Lawyer in Mira Project
Biaya: 1. Rp352.900.000
2. Rp175.000.000
Fee:
3. Rp6.448.860.172
4. Rp3.079.775.705
5. Rp2.147.759.840
6. Rp1.725.000.000
7. Rp3.559.703.676
Periode Penugasan: 1. 27 Februari 2023 - 09 April 2024
2. 7 Maret 2023 -26 April 2024
Assignment Period: 3. 11 September 2023 - 12 Januari 2024
4. 30 Januari 2024 - 10 Juli 2024
5. 12 Maret 2024 -10 Desember 2024
6. 7 Mei 2024 - 1 Desember 2024
7. 26 Juli 2024 - 11 September 2024
1. 27 February 2023 - 09 April 2024
2. 7 March 2023 - 26 April 2024
3. 11 September 2023 - 12 January 2024
4. 30 January 2024 - 10 July 2024
5. 12 March 2024 - 10 December 2024
6. 7 May 2024 - 1 December 2024
7. 26 July 2024 - 11 September 2024
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Hiswara Bunjamin & Tandjung in association with Herbert Smith Freehills
Alamat 18th Floor, Tower I, Sudirman 7.8, Jl. Jendral Sudirman Kav. 7 - 8, Jakarta 10220
Address
T: 021 3973 8000
Jasa yang diberikan Jasa Konsultan Hukum Assessment Aspek Legal atas Kontrak-kontrak Jangka Panjang PT Pertamina Geothermal
Services Provided Energy Tbk
Legal Consultant Services for Legal Aspect Assessment of Long-Term Contracts of PT Pertamina Geothermal
Energy Tbk
Biaya Rp157.500.000
Fee
Periode Penugasan 20 Desember 2023 - 05 Januari 2024
Assignment Period 20 December 2023 - 05 January 2024
Hadiputranto, Hadinoto & Partners
Alamat Pacific Century Place, Level 35, Sudirman Central Business District Lot 10, Jl. Jendral Sudirman Kav. 52 - 53,
Address Jakarta 12190
T: 021 2960 8888
Jasa yang diberikan Kajian Hukum Ketentuan Penambahan Unit PLTP Baru dan Perpanjangan Jangka Waktu JOC Wayang Windu.
Services Provided Legal Review of Provisions for Addition of New Geothermal Power Plant Units and Extension of Wayang Windu
JOC Term.
Biaya Rp397.000.000
Fee
Periode Penugasan 27 Maret 2024 - 26 Juni 2024
Assignment Period 27 March 2024 - 26 June 2024
Advokat Bambang Irawan, S.H.
Alamat Jl. Amir Asikin Gg. Purba, RT 03 / RW 02, Kelurahan Amen, Kecamatan Amen, Kabupaten Lebong, Kota
Address Bengkulu.
T: 0823 7333 1614
Jasa yang diberikan 1. Kuasa Hukum PGE dalam Perkara Perdata No. 1/Pdt.G/LH/2024/PN.Tub yang terdaftar di Pengadilan
Services Provided Negeri Tubei Kelas II, Kecamatan Lebong Atas, Kabupaten Lebong, Bengkulu;
2. Kuasa Hukum PGE dalam Upaya Hukum Banding atas Perkara Perdata No. 1/Pdt.G/LH/2024/PN.Tub
yang terdaftar di Pengadilan Tinggi Bengkulu.
1. PGE’s Legal Counsel in Civil Case No. 1/Pdt.G/LH/2024/PN.Tub registered at the Class II Tubei District
Court, Lebong Atas District, Lebong Regency, Bengkulu;
2. PGE’s Legal Counsel in Appeal for Civil Case No. 1/Pdt.G/LH/2024/PN.Tub registered at the Bengkulu
Court of Appeal.
Biaya 1. Rp59.110.700
Fee 2. Rp15.000.000
Periode Penugasan 1. 14 Maret 2024 - 17 Juli 2024
Assignment Period 2. 9 Agustus 2024 - 8 Oktober 2024
1. 14 March 2024 - 17 July 2024
2. 9 August 2024 - 8 October 2024
2024 Annual Report PT Pertamina Geothermal Energy Tbk 173
Page 174
03 PROFIL PERUSAHAAN
COMPANY PROFILE
Biro Administrasi Efek
Stock Administration Bureau
PT Datindo Entrycom
Alamat:
Jl. Hayam Wuruk No.28, Lantai 2 Jakarta 10120
Address:
Jasa yang diberikan: Pengelolaan administrasi saham pada Pasar Perdana dan Pasar Sekunder
Services Provided: Management of share administration in the Primary and Secondary Markets
Biaya:
Rp100.000.000
Fee:
Periode Penugasan: 1 Januari 2024 – 31 Desember 2024
Assignment Period: 1 January 2024 - 31 December 2024
Bursa Efek Indonesia
Indonesia Stock Exchange
PT Datindo Entrycom
Gedung Bursa Efek Indonesia, Tower 1, Lantai 6 Jl. Jend. Sudirman Kav. 34-35 Jakarta
Alamat: Selatan 12190, Indonesia
Address: Telp.: 0800-100-9000
Web: callcenter@idx.co.id
Menyelenggarakan dan menyediakan sistem dan atau sarana untuk mempertemukan
penawaran jual permintaan beli efek pihak-pihak lain dengan tujuan memperdagangkan
Jasa yang diberikan:
efek.
Services Provided:
Organizing and providing a system and/or facilities to match sell and buy offers of securities
from other parties with the aim of trading securities.
Biaya:
Rp250.000.000
Fee:
Kustodian Sentral Efek Indonesia
Indonesia Stock Central Custody
PT Kustodian Sentral Sentral Efek Indonesia (KSEI)
Gedung Bursa Efek Indonesia, Tower 1, Lantai 6 Jl. Jend. Sudirman Kav. 34-35 Jakarta
Alamat: Selatan 12190, Indonesia
Address: Telp.: 0800-100-9000
Web: callcenter@idx.co.id
Jasa yang diberikan: Lembaga Penyimpanan dan Penyelesaian (LPP) di pasar modal Indonesia.
Services Provided: The Central Depository and Settlement Institution in the Indonesian Capital Market
Biaya:
Rp26.500.000
Fee:
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Otoritas Jasa Keuangan (OJK)
Financial Services Authority (FSA)
OTORITAS JASA KEUANGAN (OJK)
Gedung Sumitro Djojohadikusumo Jalan Lapangan Banteng Timur 2-4 Jakarta 10710
Alamat:
Address:
Indonesia
Telp: (021) 2960 0000
Jasa yang diberikan: Lembaga pengawas Pasar Modal
Services Provided: The Capital Market supervisory agency
Biaya:
Rp267.723.214
Fee:
Lembaga Pemeringkat Efek
Credit Rating Agencies
Moody’s Investors Services Singapore Pte. Ltd. Sdf
Alamat: 50 Raffles Place #23-06 Singapore Land Tower Singapore 048623
Address: Telp.: +65 6398 8300
Jasa yang diberikan: Melakukan pemantauan credit rating Perusahaan.
Services Provided: Monitoring the Company’s credit rating.
Biaya:
Fee:
USD85,000.00
Periode Penugasan: 1 Januari 2024 - 31 Desember 2024
Assignment Period: 1 January 2024 - 31 December 2024
Fitch Ratings Ltd
30 North Colonnade, Canary Wharf, London E14 5GN
Alamat:
Telp.: +44 20 3530 1000
Address:
Fax: +44 20 3530 1000
Melakukan pemeringkatan perusahaan atas publik maupun privat securities
Jasa yang diberikan:
yang diterbitkan.
Services Provided:
Conducting ratings for the company on both public and private securities issued.
Biaya:
Fee:
USD70,000.00
Periode Penugasan: 1 Januari 2024 - 31 Desember 2024
Assignment Period: 1 January 2024 - 31 December 2024
2024 Annual Report PT Pertamina Geothermal Energy Tbk 175
Page 176
03 PROFIL PERUSAHAAN
COMPANY PROFILE
KEANGGOTAAN ASOSIASI
ASSOCIATION MEMBERSHIP
Asosiasi Posisi dalam Asosiasi Tahun Bergabung
Association Position in the Association Joining Year
Asosiasi Panas Bumi Indonesia Presiden Direktur PGE Bapak Julfi Hadi menjabat sebagai 1995
Ketua Umum Asosiasi Panas Bumi Indonesia periode 2023-
Indonesia Geothermal Association 2026
Mr. Julfi Hadi, President Director of PGE, is the General
Chairperson of the Indonesia Geothermal Association for the
2023-2026 period
Asosiasi Emiten Indonesia (AEI) Anggota 2024
Indonesia Issuers Association Member
Indonesia Corporate Secretary Association Anggota 2023
(ICSA)
Member
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2024 Annual Report PT Pertamina Geothermal Energy Tbk 177
Page 178
03 PROFIL PERUSAHAAN
COMPANY PROFILE
INFORMASI PADA SITUS WEB PERSEROAN
INFORMATION ON COMPANY’S WEBSITE
Sesuai ketentuan Otoritas Jasa Keuangan (OJK) Nomor Pursuant to the Financial Services Authority (FSA)
8/POJK.04/2015 tentang Situs Web Emiten atau Regulation Number 8/POJK.04/2015 on the Websites
Perusahaan Publik, PGE telah menyediakan situs web of Issuers or Public Companies, PGE has made its own
www.pge.pertamina.com yang dapat diakses oleh website, www.pge.pertamina.com, open to the public,
khalayak umum sebagai bagian dari peningkatan as part of its efforts to enhance good corporate
praktik tata kelola perusahaan yang baik, khususnya governance practices, particularly in terms of
dalam hal transparansi kepada pemegang saham dan transparency towards shareholders and stakeholders.
pemangku kepentingan.
Situs web ini menyajikan informasi terbaru tentang This website provides up-to-date information about the
Perseroan mencakup informasi umum, informasi bagi Company, including general information, information
pemodal atau investor, informasi tata kelola for shareholders or investors, information on corporate
perusahaan, serta informasi terkait tanggung jawab governance, and information related to the Company’s
sosial perusahaan. Situs web PGE tersedia dalam social responsibility. The PGE’s website is available
Bahasa Indonesia dan Bahasa Inggris. both in the Indonesian and English language.
Informasi di dalam situs web PGE mencakup: The PGE website contains information on:
Energi Hijau Kami
Our Green Energy
Perjalanan PGE Manajemen
PGEʼ s Journey Management
Visi Misi Struktur Group Perusahaan
Vision and Mission Corporate Group Structure
Tata Nilai Penghargaan & Sertifikasi
Core Values A
Informasi Umum Bisnis Kami
Public Information Our Business
Skema Pemanfaatan Panas Bumi Eksplorasi
Geothermal Utilization Scheme Exploration
Operasi Sendiri Struktur Group Perusahaan
In-House Operations Corporate Group Structure
Proyek Pengembangan Kontrak Operasi Bersama
Development Projects Joint Operation Contracts
Informasi Investor
Investor Information
Ikhtisar Keuangan Keterbukaan Informasi
Financial Highlights Information Disclosure
Investor Kepemilikan Saham RUPS
Investor Share Ownership General Meeting of Shareholders
Prospektus Green Document
Prospectus Green Document
Laporan Informasi Saham
Reports Share Information
178 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Keberlanjutan
Informasi Tata Kelola
Sustainability
Perusahaan
Corporate Governance
Information
Etika Perusahaan
Corporate Ethics
Tata Kelola
PGEʼ s Journey
Keamanan Digital
Digital Security
Informasi Tanggung Keberlanjutan
Jawab Sosial Sustainability
Perusahaan
Corporate Social
Responsibility
Information
Kesehatan dan
Strategi Kebijakan ESG Perubahan Iklim Lingkungan Sosial Keselamatan Kerja
Strategy ESG Policy Climate Change Climate Change Social Occupational
Health and Safety
Mengurangi Jejak Lingkungan Kehati Area Karaha Perekrutan, Pengembangan, dan Penerapan Sistem Manajemen
Addressing Climate Change Conservation of the Karaha Area Retensi Karyawan K3 secara Menyeluruh
Mengatasi Perubahan Iklim Kehati Area Kamojang Recruitment, Development, and Comprehensive I mplementation
Reducing Environmental Footprint Conservation o f the Kamojang Manpowers Retention of Occupational Health and
Area Pemberdayaan Masyarakat Safety Management System
Kehati Area Ulubelu Community Empowerment Contractor Safety M anagement
Conservation of the Ulubelu Area Inovasi dan Penelitian System
Kehati Area Lahedong Innovation and Research Contractor Safety M anagement
Conservation o f the Lahedong System
Area Pencegahan Insiden Skala Besar
Prevention of Large-Scale
Incidents
2024 Annual Report PT Pertamina Geothermal Energy Tbk 179
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5 PENUNJANG BISNIS BUSINESS SUPPORT
Page 181
Iktisar Kerja
Performance Highlights
Iktisar Kerja
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maximin ni temposa perfersperum
cum expernam rem inimposam
quamus, cuptatio. Nam laRiossit
asin enihit aut quos expero bea
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Quianient, sequatis re volori ni
quo exceseque occabora cupti
cumende liquam enihill itatur Od
quam que sitiumquo endit labore
volorep uditam quiam hiliam
sam reriassiti temquam, niat.
L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a 181
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05 PENUNJANG BISNIS
BUSINESS SUPPORT
SUMBER DAYA MANUSIA
HUMAN RESOURCES
Rp13,58 Miliar|Billion
Anggaran Pengembangan
Kompetensi Pekerja di 2024
Worker Competency Development Budget in 2024
523
Pekerja
Employees 67 Jam I Hours
Rata-rata Jam Pelatihan per Pekerja
Average Employees Training Hours
16% Pekerja Perempuan
Menempati Posisi Manajerial
16% Female Employees Holding
12,05% Managerial Positions
Jumlah Pekerja
Perempuan
Number of Female
Employees
0,4%
Tingkat Perputaran Pekerja
Turnover Rate
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Demografi Pekerja PGE PGE Employee Demographics
Pekerja PGE adalah aset Perseroan yang sangat PGE’s employees are the Company’s most valuable
penting. Oleh karena itu, Perseroan terus berfokus assets. Therefore, the Company remains focused on
mencari Sumber Daya Manusia (SDM) terbaik sesuai recruiting top-tier human resources that fit the
kebutuhan Perseroan. Selain itu, peningkatan Company’s needs. In addition, ongoing efforts are
kompetensi dan kesejahteraan juga terus dilakukan made to improve employees’ competencies and
untuk menjaga para pekerja. wellbeing.
Hingga akhir tahun 2024, jumlah pekerja PGE As of the end of 2024, the number of PGE’s employees
mencapai 523 orang, naik 21 orang (4%) reached 523 people, decreased/increased by
dibandingkan tahun sebelumnya. Tingkat perputaran 21 people (4%) compared to the previous year. PGE’s
(turnover) pekerja PGE di sepanjang tahun 2024 employees turnover rate was 0.4% throughout 2024.
mencapai 0,4%.
Jumlah Pekerja Berdasarkan Gender
Number of Employees By Gender
2024 2023 2022
Gender
Jumlah Jumlah Jumlah
% % %
Total Total Total
Laki-laki
460 87,95 450 89,64 451 88,09
Male
Perempuan
63 12,05 52 10,36 61 11,91
Female
Jumlah
523 100 502 100 512 100
Total
Jumlah Pekerja Berdasarkan Jabatan dan Gender
Number of Employees Based on Position and Gender
2024 2023 2022
Jabatan
Position
Laki-laki Perempuan Jumlah Laki-laki Perempuan Jumlah Laki-laki Perempuan Jumlah
Male Female Total Male Female Total Male Female Total
Manajemen
64 10 74 62 7 69 53 8 61
Management
Asisten Manager
111 25 136 100 24 124 69 17 86
Assistant Manager
Staf
285 28 313 288 21 309 329 36 360
Staff
Jumlah
460 63 523 450 52 502 451 61 512
Total
2024 Annual Report PT Pertamina Geothermal Energy Tbk 183
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05 PENUNJANG BISNIS
BUSINESS SUPPORT
Jumlah Pekerja Berdasarkan Usia dan Gender
Number of Employees Based on Age and Gender
2024 2023 2022
Usia
Age
Laki-laki Perempuan Jumlah Laki-laki Perempuan Jumlah Laki-laki Perempuan Jumlah
Male Female Total Male Female Total Male Female Total
<30 tahun
63 11 74 114 5 119 140 7 147
<30 years old
30-50 tahun
359 49 408 300 47 347 279 53 332
31-50 years old
>50 tahun
38 3 41 36 0 36 32 1 33
>50 years old
Jumlah
460 63 523 450 52 502 451 61 512
Total
Jumlah Pekerja Berdasarkan Pendidikan dan Gender
Number of Employees Based on Education and Gender
2024 2023 2022
Pendidikan
Education
Laki-laki Perempuan Jumlah Laki-laki Perempuan Jumlah Laki-laki Perempuan Jumlah
Male Female Total Male Female Total Male Female Total
SMA dan Setara
Senior High School 62 1 63 59 1 60 63 1 64
and Equivalent
Diploma
85 4 89 100 4 104 104 6 110
Associate
Sarjana (S1)
241 46 287 221 36 257 218 40 259
Bachelor’s
Pascasarjana (S2)
69 11 80 68 11 79 65 13 78
Master’s
Doktoral (S3)
3 1 4 2 0 2 1 0 1
Doctor
Jumlah
460 63 523 450 52 502 451 61 512
Total
Jumlah Pekerja Berdasarkan Status Ketenagakerjaan dan Gender
Number of Employees Based on Employment Status and Gender
2024 2023 2022
Status
Ketenagakerjaan
Employment Status Laki-laki Perempuan Jumlah Laki-laki Perempuan Jumlah Laki-laki Perempuan Jumlah
Male Female Total Male Female Total Male Female Total
Pekerja Tetap
(PWTT) 458 63 521 447 52 499 446 61 507
Tenured Worker
Pekerja Tidak tetap
(PWT) 2 0 2 3 0 3 5 0 5
Non-tenured Worker
Jumlah
460 63 523 450 52 502 451 61 512
Total
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Keberagaman, Kesetaraan, dan Inklusivitas
Diversity, Equity, and Inclusion
Hak Asasi Manusia
Human Rights in Business
Kebijakan untuk Menjamin Hak Asasi
Manusia (HAM) dalam Bisnis
Policy to Guarantee Human Rights in Business
Kebijakan PGE yang Kebijakan Tempat Kerja yang
Saling Menghormati
Mendorong Keberagaman, Respectful Workplace Policy
Kesetaraan, dan Inklusivitas
PGE’s policy fostering diversity,
equity, and inclusion Kebijakan untuk Lingkungan Kerja yang Bebas
Diskriminasi, Kekerasan dan Pelecehan
Respectful Workplace Policy (Policy Aims to
Create a Workplace Free from Discrimination,
Inklusivitas Violence, and Harassment)
Diversity Policy
Kebijakan Keberagaman dan Inklusivitas
Diversity and Inclusion Policy
Sesuai proporsi kebutuhan tenaga kerja di bidang As of the end of 2024, aligned with the proportion of
usaha dan operasional PGE yang bergerak di workforce needs in PGE’s business and operational
pengelolaan panas bumi, hingga akhir tahun 2024 fields engaged in geothermal management, male
pekerja laki-laki masih mendominasi profil tenaga kerja employees still dominate the workforce profile at PGE,
di PGE yaitu sebanyak 460 orang. Meski demikian, namely 460 people. For this reason, PGE is committed
PGE berkomitmen menerapkan prinsip non-diskriminasi to implementing the principle of non-discrimination, by
yaitu dengan memberikan kesempatan yang sama providing equal opportunities to all employees,
kepada semua pekerja, tanpa memandang jenis regardless of gender, ethnicity, religion, or race.
kelamin, suku, agama, atau ras.
Perseroan juga menjamin kesetaraan remunerasi antara The Company also ensures equal remuneration
pekerja laki-laki dan perempuan, sehingga penentuan between male and female employees, thus salary
gaji didasarkan pada jabatan, masa kerja, pendidikan, determination is based on position, length of service,
keahlian, serta kinerja, dan bukan jenis kelamin maupun education, expertise, and performance, and not based
faktor lain yang tidak relevan. on gender or other irrelevant factors.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 185
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05 PENUNJANG BISNIS
BUSINESS SUPPORT
Komitmen PGE terhadap keberagaman, kesetaraan PGE’s commitment to diversity, equity, and inclusion is
dan inklusivitas terwujud di dalam berbagai kebijakan manifested in various Company policies, including the
Perseroan, diantaranya Diversity Policy, Respectful Diversity Policy, Respectful Workplace Policy, and
Workplace Policy, serta Kebijakan untuk Menjamin Policy to Guarantee Human Rights in Business. These
HAM dalam Bisnis, yang penerapannya terus policies are consistently implemented through various
digaungkan melalui berbagai program kampanye dan campaigns and outreach programs.
sosialisasi.
Peningkatan keterwakilan perempuan di lingkungan One of the focuses of the Company’s long-term
kerja menjadi salah satu fokus strategi keberlanjutan sustainability strategy is to increase female
Perseroan dalam jangka panjang. Per akhir tahun 2024 representation in the workplace. By the end of 2024,
12,05% dari total pekerja di Perseroan adalah females accounted for 12.05% of the Company’s total
perempuan, dengan 16% di antaranya menempati employees, with 16% of them holding managerial
posisi manajerial. Perseroan menargetkan keterwakilan positions. The Company aims to increase the
jumlah pekerja perempuan dapat meningkat di atas representation of the total of female employees to
15% pada 2030. exceed 15% by 2030.
Upaya ini terus diperkuat melalui berbagai inisiatif, These endeavors continue to be strengthened through
seperti program pelatihan kepemimpinan, coaching, various initiatives, such as leadership training programs,
dan keikutsertaan dalam program akselerasi Catalyzer coaching, and participation in the Pertamina Group
Grup Pertamina. PGE bersama PT Pertamina Power Catalyzer acceleration program. PGE together with
Indonesia (Pertamina NRE) juga telah membentuk PT Pertamina Power Indonesia (Pertamina NRE) has
organisasi pemberdayaan pekerja perempuan yang also formed PERTIWI, an empowerment organization
disebut PERTIWI. for PGE female employees.
Perseroan juga berkomitmen untuk mendukung peran The Company is also committed to empowering the
penyandang disabilitas dalam lingkungan kerja, role of people with disabilities in the workplace, with
dengan target sekitar 1% dari pekerja PGE di tahun a target of around 1% of PGE employees by 2030. The
2030. Komitmen dimulai dari pemberian kesempatan commitment starts from providing equal opportunities in
yang setara pada proses rekrutmen, hingga penyediaan the recruitment process to various programs and
berbagai program dan fasilitas untuk membantu kinerja facilities to support their performance.
mereka.
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Memperkuat Pemberdayaan Strengthening Empowerment
Pekerja Perempuan melalui of Female Employees through
PERTIWI PERTIWI
PGE bersama PT Pertamina Power Indonesia PGE together with PT Pertamina Power Indonesia
(Pertamina NRE) sebagai bagian dari Pertamina (Pertamina NRE) as part of Pertamina Subholding
Subholding Power and New Renewable Energy (PNRE) Power and New Renewable Energy (PNRE) has formed
telah membentuk PERTIWI, organisasi yang memiliki PERTIWI, an organization with a vision to become a
visi sebagai penggerak pemberdayaan pekerja driver of female worker empowerment and gender
perempuan dan kesetaraan gender, serta inklusivitas di equality, as well as inclusion in the Company.
Perseroan.
Misi dari PERTIWI adalah melakukan pengembangan PERTIWI has a mission to develop capabilities and
kapabilitas dan meningkatkan employee well-being di improve employee wellbeing at Subholding PNRE,
Subholding PNRE, mengintegrasikan perspektif integrate diversity, equity and inclusion perspectives
keberagaman, kesetaraan dan inklusi dalam kebijakan, into policies, procedures and operational activities at
prosedur dan kegiatan operasional di Subholding Subholding PNRE, and expand partnership networks
PNRE, serta memperluas jaringan kemitraan dengan with related organizations and institutions to expand
organisasi dan lembaga terkait untuk memperluas advocacy for gender equality and women’s
advokasi kesetaraan gender dan pemberdayaan empowerment at Subholding PNRE.
perempuan di Subholding PNRE.
PERTIWI memiliki struktur organisasi tersendiri yang PERTIWI has its own organizational structure, which is
merupakan gabungan dari pekerja Pertamina NRE dan composed of Pertamina NRE employees and PGE
pekerja PGE. Direktur Utama Pertamina NRE dan employees. President Director of Pertamina NRE and
Direktur Utama PGE berperan sebagai penasihat atau President Director of PGE act as advisors in this
advisor di dalam organisasi ini. organization.
Program PERTIWI terangkum di dalam tiga fokus The PERTIWI program covers three focus areas. The first
bidang. Pertama adalah bidang Sustainability yang is the Sustainability area, which aims to conduct
bertujuan untuk melakukan kegiatan dan program yang activities and programs aligned with the Company’s
selaras dengan tujuan perusahaan guna meningkatkan goals to improve women’s empowerment and
pemberdayaan dan kepemimpinan perempuan (women leadership in the Pertamina Group. Some of the
empowerment dan women leadership) di Pertamina programs prepared include the 3R program (reduce,
Group. Beberapa program yang disiapkan antara lain reuse, recycle), Disability Awareness Program, and
program 3R (reduce, reuse, recycle), Disability Diversity, Equity and Inclusion (DEI) assessment.
Awareness Program, dan Diversity, Equity and Inclusion
(DEI) assessment.
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05 PENUNJANG BISNIS
BUSINESS SUPPORT
Kemudian ada bidang Development yang bertujuan Next, the Development area focuses on developing
mengembangkan kemampuan personal dan profesional personal and professional abilities of female employees,
pekerja perempuan agar dapat berkontribusi dan enabling them to make significant contributions to
berkarya dalam rangka mendukung Pertamina menjadi Pertamina’s goal of becoming a world-class energy
perusahaan energi berkelas dunia. Program bidang company. The Development field program includes
Development mencakup Women Leadership-Ksatria Women Leadership-Ksatria Prameswari, ethics training
Prameswari, pelatihan etika (bisnis etik, table manner), (ethical business, table manners), and PERTIWI
serta PERTIWI coaching & mentoring. coaching & mentoring.
Terakhir adalah bidang Wellbeing dengan tujuan Lastly, the Wellbeing area, which aims to improve the
meningkatkan kesejahteraan dan kesehatan pekerja wellbeing and health of female employees and their
perempuan dan keluarga, serta mendorong pekerja families, as well as encourage female employees to
perempuan untuk berperan di dalam kegiatan sosial play a role in social community activities. Some
kemasyarakatan. Beberapa program yang termasuk programs included in Wellbeing include talk shows
Wellbeing antara lain talkshow dan seminar, PERTIWI and seminars, PERTIWI Charity, workout day, and
Charity, workout day, dan roadshow financial planner. financial planner roadshows. Each PERTIWI program
Setiap program PERTIWI memiliki tujuan/goals, has its own goals, person in charge, and timeline.
penanggung jawab, serta timeline masing-masing.
Mendukung Peran Penyandang Supporting the Roles of People
Disabilitas with Disabilities
Sebagai bagian dari komitmen PGE dalam mendukung As part of PGE’s commitment to promoting diversity
keberagaman dan inklusivitas di lingkungan kerja, and inclusion in the workplace, the Company has
Perseroan telah memfasilitasi pekerja penyandang facilitated the employment of employees with
disabilitas. Proses dimulai dari program rekrutmen disabilities. The process begins with a recruitment
yang mendukung penyandang disabilitas untuk dapat program designed to allow people with disabilities to
bergabung dengan PGE, mengingat proses rekrutmen join PGE, which is implemented transparently regardless
karyawan baru dilakukan secara transparan, tanpa of gender or other diversity backgrounds.
diskriminasi jenis kelamin maupun latar belakang
keberagaman lainnya.
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PGE juga telah menyediakan fasilitas kantor yang PGE has also provided office facilities accessible to
ramah penyandang disabilitas, dari mulai fasilitas people with disabilities, including toilets, elevators,
toilet, lift, hingga tempat parkir. Komitmen Perseroan and parking spaces. The Company’s commitment is
ini didukung oleh Pertamina Group yang telah memiliki bolstered by Pertamina Group, which has already
program persiapan kerja untuk penyandang disabilitas implemented a work preparation program for people
sebagai modal untuk bekerja di Pertamina Group, with disabilities as a means to work at Pertamina
termasuk di PGE, melalui kerja sama dengan berbagai Group, including PGE, through cooperation with
universitas. multiple universities.
PGE menargetkan jumlah pekerja penyandang PGE aims for people with disabilities to make up 1% of
disabilitas hingga 1% dari total seluruh pekerja di its total workforce by 2030. As of the end of 2024,
tahun 2030. Per akhir tahun 2024, PGE telah PGE has employed one worker with disability, assigned
mempekerjakan satu pekerja penyandang disabilitas di to the Corporate Secretary division.
divisi Corporate Secretary.
Rekrutmen dan Seleksi Pekerja Worker Recruitment and Selection
Proses rekrutmen di Perseroan dilakukan secara internal The Company’s recruitment process is executed
dan eksternal melalui proses seleksi yang transparan internally and externally through a transparent and
dan objektif, serta kesempatan yang setara tanpa objective selection process with equal opportunities
memandang latar belakang suku, agama, ras, jenis regardless of ethnicity, religion, race, gender, and
kelamin dan karakteristik lainnya. Setiap calon pekerja other characteristics. Every prospective worker is
dinilai berdasarkan kompetensi dan pengalaman yang assessed based on their competence and experience
sesuai dengan posisi dan kebutuhan organisasi. according to the positions and the organization’s
needs.
Proses rekrutmen internal dilakukan melalui The internal recruitment process is conducted through
pengumuman (Internal Job Posting) di portal Pertamina Internal Job Postings on Pertamina Group’s portal open
Group yang terbuka bagi seluruh pekerja internal to all internal employees of Pertamina who meet the
Pertamina yang memenuhi kualifikasi rekrutmen. recruitment qualifications. Meanwhile, external
Sementara proses rekrutmen eksternal diumumkan recruitment is conducted through announcements on
melalui situs web Perseroan atau bekerja sama dengan the Company’s website or partnering with external
penyedia layanan rekrutmen eksternal. Selama tahun recruitment service providers. Throughout 2024, the
2024, Perseroan telah merekrut 25 pekerja baru Company has recruited 25 new employees posted
dengan penempatan yang tersebar di seluruh wilayah across the Company’s work areas.
kerja Perseroan.
Rekrutmen Pekerja Baru PGE Berdasarkan Gender
Recruitment of PGE’s New Employees Based on Gender
Gender 2024 2023 2022
Laki-laki
Male
18 12 14
Perempuan
7 2 3
Female
Total 25 14 17
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05 PENUNJANG BISNIS
BUSINESS SUPPORT
Kompensasi dan Benefit Pekerja Employees’ Compensations and
Benefits
Perseroan menetapkan kebijakan remunerasi pekerja The Company stipulated employees’ remuneration
berdasarkan jabatan, masa kerja, dan pencapaian policy based on position, length of service, and
kinerja dengan prinsip non-diskriminasi. Kebijakan ini performance achievement with a non-discriminatory
dirancang sesuai dengan peraturan ketenagakerjaan principle. This policy was designed pursuant to the
yang berlaku, termasuk memperhatikan standar Upah applicable regulations on manpower, taking note of
Minimum Provinsi (UMP). the Provincial Minimum Wage (UMP) standards.
Kompensasi dan manfaat yang diberikan kepada Compensations and benefits given to PGE’s employees
pekerja PGE mencakup gaji pokok, tunjangan, insentif, include base salary, allowance, incentives, bonus,
bonus, program kesehatan bagi pekerja aktif dan healthcare program for active and retired employees,
pensiun serta program purnakarya. Seluruh ketentuan and retirement program. The provisions are outlined in
ini diatur dalam Perjanjian Kerja Bersama (PKB) antara the Collective Work Agreement (PKB) between the
Perseroan dan Serikat Pekerja Pertamina Geothermal Company and Employees Union of Pertamina
Energy (SPPGE), yang secara berkala dilakukan Geothermal Energy (SPPGE), which is renewed
pembaruan untuk menjaga relevansi dan kesesuaiannya. periodically to sustain relevance and suitability.
Jenis Tunjangan Pekerja Tetap Pekerja Tidak Tetap
Type of Allowance Permanent Employees Non- Permanent Employees
Tunjangan Hari Raya
Religious Festivity Allowance
Uang Cuti -
Leave Encashment
Program Pensiun -
Pension Program
Program Kesehatan Pensiun -
Pension Healthcare Program
Lainnya -
Others
Untuk mendukung keseimbangan antara kesehatan To help maintain balance between employees’ physical
jasmani dan rohani pekerja, PGE juga menyediakan and mental health, PGE also provides various
berbagai fasilitas pendukung guna meningkatkan supporting facilities aimed to improve employees’
kenyamanan pekerja, seperti penyediaan ruang ibadah comfort, such as prayer rooms and lactation rooms for
dan ruang laktasi bagi ibu menyusui. Perseroan juga nursing mothers. The Company also provides facilities
memfasilitasi dukungan sarana dan anggaran bagi and budgets for employees to perform communal
pekerja dalam melakukan kegiatan komunitas seperti activities, such as sports events, religious activities, and
olahraga, kerohanian dan kesenian. arts.
Sesuai peraturan ketenagakerjaan, PGE memberikan Aligned with the manpower regulation, PGE grants
cuti melahirkan bagi pekerja perempuan selama 1,5 maternity leave to female employees for 1.5 calendar
bulan kalender menjelang waktu kelahiran sesuai surat months prior to the pregnancy due date based on a
keterangan medis dan 1,5 bulan kalender setelah medical certificate and 1.5 calendar months following
melahirkan dengan tetap menerima upah penuh. childbirth with full pay. Moreover, male employees
Sementara itu, pekerja laki-laki yang istrinya melahirkan whose wives give birth are also entitled to five days of
juga berhak mendapatkan cuti selama lima hari. leave.
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Pengembangan Kompetensi Pekerja Employees’ Competency
Development
Perseroan secara konsisten mengembangkan The Company consistently develops employees’
kompetensi pekerja melalui berbagai program competencies through various training, education, and
pelatihan, pendidikan, dan pengembangan karier. career advancement programs. This measure equips
Upaya ini dilakukan agar setiap pekerja memiliki each worker with skills and knowledge relevant to
keahlian dan pengetahuan yang relevan dengan business needs and industry challenges so that they
kebutuhan bisnis dan tantangan industri, agar dapat can provide added value to the Company.
memberikan nilai lebih bagi Perseroan.
PGE memiliki beberapa program pendidikan dan PGE has several education and competency
pengembangan kompetensi yang terbagi menjadi development programs, which are divided into four
empat kategori yaitu: categories, namely:
1. Leadership/Managerial yaitu program pelatihan 1. Leadership/Managerial, which comprises training
dan pengembangan untuk memperluas kapasitas and development programs to expand individuals’
individu untuk menampilkan peran kepemimpinan capacity to demonstrate leadership roles in the
dalam organisasi di antaranya: organization, which include:
• Effective Working Attitude • Effective Working Attitude
• Junior Management Development • Junior Management Development
Program (JMDP) Program (JMDP)
• Senior Management Development Program • Senior Management Development Program
(SMDP) (SMDP)
• Talent Development Acceleration (TDA) • Talent Development Acceleration (TDA) Mid-
Mid- Level/ Trailblazer Level/ Trailblazer
• Top Talent Development Program (TTDP)/ • Top Talent Development Program (TTDP)/
Catalyser Program Catalyser Program
• PRIME (Directorship Program) • PRIME (Directorship Program)
2. Technical/Functional yaitu program pelatihan dan 2. Technical/Functional, which consists of training
pengembangan untuk menambah keterampilan and development programs to acquire skills and
dan keahlian sesuai dengan jenis pekerjaan expertise aligned with the type of work, including:
mencakup:
• Pelatihan dan sertifikasi terkait HSSE, di • Training and certifications related to HSSE,
antaranya: Safety Inspector, HAZOPS (Hazard such as: Safety Inspector, HAZOPS (Hazard &
& Operability Studies), Auditor Energi, Operability Studies), Energy Auditor, Energy
Manager Energi, Life Cycle Assessment, Limbah Manager, Life Cycle Assessment, Hazardous
B3, Limbah Non B3, Incident Investigation dan Waste, Non-hazardous Waste, and Incident
lain-lain Investigation
• Sertifikasi Risk Management, di antaranya: • Risk Management certifications, including:
Qualified Risk Management Analyst (QRMA), Qualified Risk Management Analyst (QRMA),
Qualified Risk Management Professional Qualified Risk Management Professional
(QRMP), Qualified Chief Risk Officer(QCRO) (QRMP), and Qualified Chief Risk Officer
(QCRO)
• Sertifikasi Pemenuhan Kompetensi Pengawas • Geothermal Operational Supervisor
Operasional Panas Bumi, di antaranya: Uji Competency certifications, such as:
Kompetensi Pengawas Operasional Pertama Competency Test for Junior Operational
(POP), Pengawas Operasional Madya (POM) Supervisor (POP), Associate Operational
dan Pengawas Operasional Utama (POU) Supervisor (POM), and Principal Operational
Supervisor (POU)
2024 Annual Report PT Pertamina Geothermal Energy Tbk 191
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05 PENUNJANG BISNIS
BUSINESS SUPPORT
• Pemenuhan Sertifikasi ISO • Fulfillment of ISO Certifications
• Sertifikasi Kompetensi Tenaga Teknik • Competency Certification for Electrical Power
Ketenagalistrikan Bidang Pembangkitan Engineering Personnel in the Generation
(HAKIT) Sector (HAKIT)
• Sertifikasi Project Management • Project Management Certifications
• Tenaga Ahli: Inspektur Pipa Penyalur Panas • Experts: Geothermal Distribution Pipeline
Bumi, Geotermal, Reservoir, pengeboran dll Inspector, Reservoir, Drilling, etc.
3. General/umum yaitu program pelatihan yang 3. General, which comprises training programs to
mendukung pengembangan kompetensi di support competency development such as
antaranya yaitu negotiation skill, business negotiation skills, business presentation, public
presentation, public speaking, upskilling speaking, and upskilling for leadership assessment
menghadapi leadership assessment dan lain-lain. and so on.
4. Tugas Belajar yaitu program pembiayaan 4. Study Assignment, namely a Master’s degree
pendidikan lanjutan (S2) dalam bentuk beasiswa scholarship program for Employees who have
bagi Pekerja yang telah lolos seleksi tugas belajar. passed the study assignment selection. In 2024,
Pada tahun 2024, Perseroan memberikan beasiswa the Company granted scholarships to 12 PGE
kepada 12 pekerja PGE untuk tugas belajar ke employees to study abroad.
luar negeri.
Sepanjang tahun 2024, PGE telah menyelenggarakan Throughout 2024, PGE held 2,167 trainings both
2.167 pelatihan baik offline maupun online dengan offline and online with an average of four trainings per
rata-rata pelatihan per pekerja mencapai empat employees. Further detail on employee competency
pelatihan/pekerja. Penjelasan lebih lengkap terkait development can be found in the 2024 PGE
pengembangan kompetensi pekerja terdapat pada Sustainability Report.
Laporan Keberlanjutan PGE 2024.
Mencetak Pemimpin Masa Depan Creating High-Quality Future
yang Berkualitas Leaders
Pada tahun 2024 PGE meluncurkan dua program baru PGE launched two new programs for employees’
untuk pengembangan pekerja, yaitu Geo-Elevate dan development in 2024, namely Geo-Elevate and
G-Leaders yang bertujuan membangun talenta G-Leaders, aimed at creating quality talents and
berkualitas dan pemimpin di masa depan. Geothermal leaders in the future. Geothermal Energy Knowledge
Energy Knowledge and Technology Based Advancement and Technology-Based Advancement Certification
Certification (Geo-Elevate) merupakan pelatihan (Geo-Elevate) is a certified intensive training that
intensif bersertifikasi guna memberikan pemahaman provides insights into best practices in the geothermal
praktik terbaik industri panas bumi dan akses kepada industry and access to renowned geothermal experts.
para ahli terkemuka geotermal, yang merupakan kerja This program is a cooperation between PGE and the
sama PGE dengan University of Auckland (UoA), University of Auckland (UoA), New Zealand.
Selandia Baru.
Geo-Elevate juga memberikan kurikulum berbasis Geo-Elevate also applies a sustainability-, green
sustainability, green energy, dan nature based solution energy-based curriculum, and nature-based solutions
untuk pengembangan energi bersih. Kredit program for clean energy development. Credits from the
pelatihan Geo-Elevate diakui untuk pendidikan lanjutan Geo-Elevate training program are acknowledged for a
program master di UoA maupun Uper. Pelatihan yang Master’s program at UoA and Universitas Pertamina
berjalan selama lima bulan ini mensyaratkan pekerja (Uper). The five-month training requires PGE employees
PGE untuk memiliki gelar BSC Science atau Engineering, to have a BSc in Science or Engineering, an International
International English Language Testing System (IELTS) English Language Testing System (IELTS) band score of
skor 6.5, dan visa pelajar di Selandia Baru. 6.5, and a student visa in New Zealand.
192 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Sementara G-Leaders atau Geothermal Leadership Meanwhile, G-Leaders, or Geothermal Leadership
Empowerment and Development for Enhanced Resilience Empowerment and Development for Enhanced
and Success merupakan program yang dibuat untuk Resilience and Success, is a program designed to
melengkapi program Leadership dan mempersiapkan complement the Leadership program and prepare PGE
pekerja PGE untuk mengikuti TDA/Trailblazer Holding. employees to participate in the TDA/Trailblazer
Dengan berfokus kepada 14 kompetensi Performance Holding. Focusing on 14 competencies in Performance
Leader Competencies (PLC) dan kompetensi Primary Leader Competencies (PLC) and Primary Executive
Executive Leader (ELC), program G-Leaders Leader (ELC) competencies, the G-Leaders program
mempersiapkan pekerja PGE untuk menjadi pemimpin trains PGE employees to be the next leaders and
selanjutnya (the next leader) dan suksesor level manajer successors to the upper managerial levels.
ke atas.
G-Leaders mengkombinasikan metode classroom G-Leaders combines methods of classroom workshops,
workshop, coaching competencies, project auction coaching competencies, and project auction learning
learning dengan durasi program selama lima bulan. with a five-month program duration. Those eligible to
Mereka yang boleh bergabung adalah pekerja join are 16-18 PRL employees, with a maximum age of
PRL 16-18, berusia maksimal 45 tahun, dan diutamakan 45 years, preferred to those from the talent pool, and
berasal dari talent pool serta sedang tidak mengikuti are not currently enrolled in a long-term mandatory
program mandatory yang bersifat jangka panjang. program.
Pelatihan Tahun 2024
Training Programs in 2024
Jumlah Pekerja Dilatih Jumlah Jam Pelatihan Pekerja Rata-rata Jam Pelatihan
Berdasarkan Gender Berdasarkan Gender Pekerja Berdasarkan Gender
Number of Employees Trained Based Number of Employees’ Training Hours Employees’ Average Training Hours
Jabatan
on Gender Based on Gender Based on Gender
Position
Laki-laki Perempuan Jumlah Laki-laki Perempuan Jumlah Laki-laki Perempuan Jumlah
Male Female Total Male Female Total Male Female Total
Manajemen
64 10 74 4.050 700 4.750 63 70 64
Management
Asisten Manager
110 22 132 6.920 1.130 8.050 63 51 61
Assistant Manager
Staf
281 28 309 20.120 1.750 21.870 72 63 71
Staff
Jumlah
455 60 515 31.090 3.580 34.670 68 60 67
Total
Biaya Pengembangan Kompetensi Employees Competency
Pekerja Development Cost
Sepanjang tahun 2024, Perseroan mengalokasikan Throughout 2024, the Company allocated a budget of
anggaran sebesar Rp13,58 miliar untuk pelaksanaan Rp13.58 billion for the implementation of employee
program pengembangan kompetensi pekerja, menurun competency development programs, a 1.7% decrease
1,7% dari tahun sebelumnya Rp13,81 miliar. Penurunan from the previous year of Rp13.81 billion. This decrease
ini disebabkan upaya perusahaan untuk was due to the Company's efforts to optimize online
mengoptimalkan pembelajaran online melalui aplikasi learning through Pertamina's internal training
training internal Pertamina. application.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 193
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05 PENUNJANG BISNIS
BUSINESS SUPPORT
Rencana dan Anggaran Plan and Budget for Employees
Pengembangan Kompetensi Pekerja Competency Development 2025
2025
Perseroan akan tetap berkomitmen untuk meningkatkan The Company remains committed to improving the
kualitas sumber daya manusia melalui berbagai quality of human resources through various planned
program pengembangan kompetensi yang terencana and sustainable competency development programs in
dan berkesinambungan di tahun 2025. Rencana 2025. The plan includes the implementation of
tersebut mencakup pelaksanaan training mandatory mandatory training (HSSE & leadership), certification,
(HSSE & leadership), sertifikasi, pembelakan assessment provision, and PGE's distinctive leadership
assessment, dan program kepemimpinan atau programs (G-Leaders, Geo-Elevate, Geo-Energyzer,
leadership khas PGE (G-Leaders, Geo-Elevate, Geo- and G-Perform).
Energyzer, dan G-Perform).
Untuk mendukung pelaksanaan program tersebut, To support the implementation of these programs, the
pada tahun 2025 Perseroan telah mengalokasikan Company has allocated a competency development
anggaran pengembangan kompetensi sebesar budget of Rp16.59 billion for 2025 as part of its long-
Rp16,59 miliar sebagai bagian dari investasi jangka term investment to enhance employee capabilities.
panjang dalam peningkatan kapabilitas pekerja.
Penilaian Kinerja Performance Assessment
Proses penilaian kinerja di PGE dilakukan melalui The performance assessment process at PGE is
penilaian mandiri (self-assessment) masing-masing conducted through a self-assessment mechanism by
karyawan dengan mengukur pencapaian target yang each employee, measuring target achievements set at
telah ditentukan pada awal tahun. Selanjutnya, pada the beginning of the year. Subsequently, at the end of
akhir tahun Perseroan melalui line manager masing- the year, the Company, through each line manager,
masing akan menjalankan proses evaluasi menyeluruh will conduct a comprehensive evaluation to any
terhadap individu mencakup pencapaian target, faktor individuals, covering target achievements, external
eksternal yang memengaruhi pencapaian target, serta factors affecting target performance, and comparison
perbandingan prestasi dengan rekan kerja lainnya. of performance with other colleagues.
Hasil penilaian selain menjadi penentu promosi In addition to determining promotions and career
kenaikan jabatan, juga menjadi dasar bagi Perseroan advancements, the assessment results also serve as the
dalam menentukan kebutuhan pengembangan dan basis of the Company in identifying development and
pelatihan, optimasi penempatan karyawan, hingga training needs, optimizing employee placements, and
pemberian penghargaan. Penilaian kinerja tahun 2024 awarding recognition. The performance assessment for
telah dilakukan terhadap seluruh pekerja PGE, dan 2024 has been conducted for all PGE employees,
mendorong peningkatan jumlah promosi jabatan 34% resulting in a 34% increase in the number of job
pekerja. promotions.
Kebebasan Berserikat Freedom of Association
Sebagai bentuk dukungan Perseroan terhadap hak As part of the Company’s support for employees' right
kebebasan berserikat pekerja, PGE telah memiliki to freedom of association, PGE established the PGE
Serikat Pekerja PGE (SPPGE) yang berdiri pada Employees' Union (SPPGE) on 22 February 2010, as a
22 Februari 2010, sebagai wadah perundingan antara platform for negotiations between the Company and its
Perseroan dan pekerja. employees.
Perseroan dan SPPGE telah membuat Perjanjian Kerja The Company and SPPGE have jointly established a
Bersama (PKB) yang memuat hak dan tanggung jawab Collective Labor Agreement (CLA) that outlines the
pekerja serta hubungan kerja Perseroan dan pekerja rights and responsibilities of employees as well as the
sebagai bentuk Perjanjian Perundingan Kolektif. PKB employment relationship between the Company and its
tersebut telah mendapat pengesahan dari Kementerian employees. This CLA has been officially approved by
Tenaga Kerja Republik Indonesia melalui Keputusan the Ministry of Manpower of the Republic of Indonesia
Direktur Jenderal Pembinaan Hubungan Industrial dan through Decision of the Director-General of Industrial
Jaminan Sosial Tenaga Kerja No. KEP.4/ Relations and Labor Social Security No. KEP.4/
HI.00.01/00.0000.22011.3007/B/II/2022. HI.00.01/ 00.0000.22011.3007/B/II/2022.
194 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Kebijakan Kesehatan dan Occupational Health and Safety
Keselamatan Kerja Policy
PGE menempatkan Kesehatan dan Keselamatan Kerja PGE prioritizes Occupational Health and Safety (OHS)
(K3) sebagai prioritas utama untuk melindungi pekerja to protect employees and create a safe and healthy
serta menciptakan lingkungan kerja yang aman serta workplace. To that end, PGE implements the Health,
sehat. Untuk itu, PGE menerapkan Sistem Manajemen Safety, Security, and Environment (HSSE) Management
Health, Safety, Security, and Environment (HSSE) di System across all operational areas, with a commitment
seluruh area operasional, dengan komitmen terhadap to the zero-accident principle to minimize adverse
prinsip zero accident untuk meminimalkan dampak impacts of operational activities.
negatif dari kegiatan operasional.
Sistem Manajemen HSSE (SMHSSE) berlaku tidak The HSSE Management System (HSSEMS) applies not
hanya untuk pekerja PGE, tetapi juga bagi mitra kerja only to PGE employees but also to business partners
seperti kontraktor dan penyedia barang serta jasa. such as contractors and suppliers of goods and services.
Program pengawasan pelaksanaan kerja HSSE The HSSE oversight program includes activities such as
mencakup kegiatan seperti Management Walk Through Management Walk Through and Safety Walk and Talk
dan Safety Walk and Talk (SWAT), untuk menunjukkan (SWAT), demonstrating management’s commitment
komitmen manajemen terhadap pelaksanaan HSSE di to implementing HSSE across all operational activities.
seluruh aktivitas operasional.
Penerapan SMHSSE mengacu pada Permen ESDM The implementation of HSSEMS refers to Regulation of
No. 33 Tahun 2021 tentang K3, Perlindungan dan the EMR Minister No. 33 of 2021 on OHS,
Pengelolaan Lingkungan Hidup, serta Kaidah Teknis Environmental Protection and Management, as well as
Panas Bumi untuk Pemanfaatan Tidak Langsung. Technical Guidelines for Geothermal Utilization for
Sebagai bagian dari manajemen risiko, PGE juga Indirect Use. As part of risk management, PGE also
mengimplementasikan Geothermal Integrated implements the Geothermal Integrated Management
Management System yang terintegrasi dengan System, which is integrated with SUPREME
SUPREME (Sustainability Pertamina Expectations for (Sustainability Pertamina Expectations for HSSE
HSSE Management Excellence). Management Excellence).
SUPREME adalah sistem manajemen yang SUPREME is a management system that integrates
mengintegrasikan praktik-praktik HSSE terbaik berkelas world-class HSSE best practices in a structured and
dunia secara terstruktur dan sistematis pada tingkat systematic manner at the Corporate, Directorate,
Korporat, Direktorat, Unit Operasi, dan Anak Operational Unit, and Subsidiary levels of Pertamina.
Perusahaan Pertamina. Sistem ini bertujuan memastikan This system aims to ensure that HSSE implementation
bahwa implementasi HSSE mendukung keberlanjutan supports business sustainability, effectively manages
bisnis, mengelola risiko secara efektif, dan membantu risks, and contributes to achieving business targets,
pencapaian target bisnis, HSSE, dan target Pertamina HSSE, and other Pertamina targets (KPIs, goals, and/
lainnya (KPI, sasaran, dan/atau target lainnya). or other targets).
Penerapan SUPREME juga mengacu pada pemenuhan The implementation of SUPREME also adheres to
peraturan perundang-undangan yang berlaku seperti applicable laws and regulations such as the
Sistem Manajemen Keselamatan dan Kesehatan Kerja Occupational Health and Safety Management System
(SMK3), Sistem Manajemen Pengamanan (SMP) (OHSMS), the Security Management System (SMP)
berdasarkan Peraturan Kapolri (Perkap) 24/2027 dan based on the National Police Chief Regulation (Perkap)
PROPER (Public Disclosure Program for Environmental 24/2027, and PROPER (Public Disclosure Program for
Compliance) Kementerian Lingkungan Hidup dan Environmental Compliance) from the Ministry of the
Kehutanan (KLHK) serta standar sistem manajemen Environment and Forestry (KLHK), as well as
internasional seperti ISO 9001, ISO 14001, international management system standards such as
ISO 26000, ISO 27001, ISO 28000, ISO 31000, ISO 9001, ISO 14001, ISO 26000, ISO 27001,
ISO 39001, ISO 45001, ISO 50001, dan standar ISO 28000, ISO 31000, ISO 39001, ISO 45001,
lainnya. ISO 50001, and other relevant standards.
Perseroan juga mengelola risiko HSSE melalui Risk The Company also manages HSSE risks through a Risk
Register untuk risiko bisnis perusahaan dan Hazard Register for business-related risks and Hazard
Identification Risk Assessment and Determining Control Identification Risk Assessment and Determining Control
(HIRADC) untuk risiko operasional. Selain itu, (HIRADC) for operational risks. Additionally,
2024 Annual Report PT Pertamina Geothermal Energy Tbk 195
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05 PENUNJANG BISNIS
BUSINESS SUPPORT
Perseroan menerapkan Contractor Safety Management the Company implements the Contractor Safety
System (CSMS) sebagai sistem pengelolaan aspek Management System (CSMS) as a framework
kesehatan, keselamatan kerja, keamanan, dan for managing occupational health, safety, security, and
lingkungan untuk penyedia barang dan jasa dalam environmental aspects for goods and service suppliers
pelaksanaan pekerjaannya. in the execution of their work.
Penerapan CSMS ini bertujuan untuk memastikan The implementation of CSMS aims to ensure that
pekerjaan kontrak yang dilaksanakan oleh Pelaksana contract work undertaken by Contractors adheres
Kontrak sesuai standar HSSE yang efektif, menyeluruh to effective, comprehensive, and consistent HSSE
dan konsisten untuk memitigasi setiap potensi bahaya standards to mitigate any potential hazards and risks
dan risiko pada pekerjaan terkait. associated with the tasks involved.
Sepanjang tahun 2024, tidak terdapat insiden pada Throughout 2024, no permanent workers' incidents and
pekerja tetap dan kecelakaan kerja yang mengakibatkan work accidents resulting in death were reported.
kematian. Meski demikian, terdapat dua kasus pada However, there were two cases of accidents plaguing
kontraktor yaitu satu kasus kecelakaan kerja yang contractors, namely one case of work accident resulting
mengakibatkan hilangnya jam kerja atau Lost Time in Lost Time Injury (LTI) and one First Aid Case (FAC).
Injury (LTI), dan satu First Aid Case (FAC). Jumlah jam The number of safe man hours during 2024 reached
kerja aman selama tahun 2024 mencapai 5,583,707 hours.
5.583.707 jam.
Penjelasan lebih lengkap terkait pengembangan A more detailed explanation regarding the development
Kebijakan Kesehatan dan Keselamatan Kerja terdapat of the Occupational Health and Safety Policy
pada Laporan Keberlanjutan PGE 2024. is available in the 2024 PGE Sustainability Report.
Tingkat Kepuasan Pekerja Employee Satisfaction
Agar lebih memahami kebutuhan karyawan, dan untuk In order to gain a deeper understanding of employee
dapat merumuskan kebijakan yang selaras dengan needs and formulate policies that align with both the
kebutuhan perusahaan dan pekerja, Perseroan telah Company's and employees' requirements, the Company
melaksanakan survei kepuasan pekerja sejak tahun has conducted employee satisfaction surveys since
2015. 2015.
Survei mencakup berbagai aspek termasuk rekrutmen, The survey encompasses various aspects, including
pengupahan, pengembangan karier, hubungan recruitment, compensation, career development,
industrial, layanan kesehatan dan lain-lain. Untuk industrial relations, healthcare services, and other
menjaga objektivitas, responden memberikan jawaban related factors. To ensure objectivity, respondents
secara anonim dengan hanya mencantumkan lokasi submit their responses anonymously, providing only
kerja. their work location.
Hasil survei dari 239 responden (dari total 523 pekerja The survey results from 239 respondents (out of a total
pada 2024) menunjukkan skor Employee Satisfaction of 523 employees in 2024) indicated an Employee
Survei (ESS) sebesar 3,92 atau tercapai 100,5 % dari Satisfaction Survey (ESS) score of 3.92 achieving
target 3,92. Hasil ini menjadi dasar evaluasi dan 100.5% of the target of 3.92. This result serves as the
pengembangan strategi divisi Human Capital (HC) basis for evaluating and developing the strategies of
pada tahun berikutnya. the Human Capital (HC) division for the following year.
Penjelasan lebih lanjut terkait pengelolaan pekerja Further information regarding the management of PGE
PGE dapat dilihat pada Laporan Keberlanjutan employees can be found in the Company’s 2024
Perseroan 2024. Sustainability Report.
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Digitalisasi dan Keamanan Siber
Digitalization and Cyber Security
SERTIFIKASI ISO 27001:2022
Sebagai Standar Pengelolaan Keamanan
Informasi, Keamanan Siber dan Perlindungan
Privasi
Tidak Implementation of ISO 27001:2022
Terdapat As the Standard for Information Security Management, Cyber Security,
and Privacy Protection
Insiden
Keamanan Penerapan NIST Cyber Security
Siber Pada Framework
2024 Sebagai Panduan Internasional dalam
Penerapan Digitalisasi dan Keamanan Siber
No cybersecurity
Implementation of NIST Cyber Security Framework
incidents occurred in As the International Guideline in the Implementation of Digitalization and
2024 Cyber Security
4,61 Indeks Kematangan Siber/Cyber Security Maturity
(CSM) dari Badan Siber dan Sandi Negara (BSSN)
(Skala 5,0)
Menunjukkan Pengelolaan Keamanan Siber yang Baik dan Optimal
4.61 (on a scale of 5.00) Cyber Security Maturity (CSM) Index from the National Cyber and Crypto Agency (BSSN)
Demonstrates good and optimal cybersecurity management in accordance with national standards
Pemanfaatan Teknologi Informasi (TI) atau digitalisasi The use of Information Technology (IT) or digitalization
menjadi hal yang tidak dapat dipisahkan di dalam has become an integral part of today's business
proses bisnis di masa kini. Tuntutan proses bisnis yang processes. The demands of faster business processes
semakin cepat membuat pelibatan teknologi dan have necessitated the engagement of technology and
digital menjadi keharusan agar seluruh proses berjalan digital to ensure that the entire process runs quickly
secara cepat dan efisien. and efficiently.
Menyadari pentingnya pemanfaatan TI dalam proses Realizing the importance of IT utilization in business
bisnis, PGE telah memiliki struktur tata kelola TI yang processes, PGE has established a clear IT governance
jelas untuk memastikan bahwa pengelolaan inisiatif structure to ensure that the management of digital
digital dalam tiap unit bisnis berjalan secara aman, initiatives in each business unit is secure and conforms
serta sesuai dengan strategi jangka panjang Perseroan. to the Company’s long-term strategy.
Tata Kelola TI dan Keamanan Siber IT Governance and Cyber Security
Struktur TI PGE berada di bawah Management PGE’s IT structure is under the Management
Representative Tim Implementasi dan Sertifikasi Representative of the ISO 27001:2022 Information
Information Security Management System Security Management System Implementation and
ISO 27001:2022 yaitu Vice President HC & Business Certification Team, namely the Vice President of HC &
Support. Selanjutnya struktur tata kelola TI ini akan Business Support. This IT governance structure will
melapor secara langsung kepada Direktur Utama, report directly to the President Director as part of the
sebagai bagian dari proses pengawasan top level. top-level supervision process.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 197
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05 PENUNJANG BISNIS
BUSINESS SUPPORT
DIREKTUR UTAMA
PRESIDENT DIRECTOR
VICE PRESIDENT HUMAN
CAPITAL & BUSINESS
SUPPORT
MANAGER IT
SR. ANALYST I-II SR. ANALYST I-II
AUTOMATION & GEOTHERMAL DATA SR. ANALYST I-II AST. MANAGER
DATA WAREHOUSE, SR. ANALYST I-II IT PLANNING & AST. MANAGER
OPERATION MANAGEMENT CYBER SECURITY IT OPERATION
TECHNOLOGY BI & ANALYTICS BUSINESS SOLUTION
ANALYST I-II ANALYST I-II
AUTOMATION & ANALYST I-II
GEOTHERMAL DATA DATA WAREHOUSE, ANALYST I-II
OPERATION MANAGEMENT CYBER SECURITY
TECHNOLOGY BI & ANALYTICS ANALYST I-II
SOLUTION ANALYST I-II
DEVELOPMENT EUS OPERATION
JR. ANALYST I-II JR. ANALYST I-II JR. ANALYST I-II
AUTOMATION & JR. ANALYST I-II JR. ANALYST I-II
GEOTHERMAL DATA DATA WAREHOUSE, JR. ANALYST I-II SOLUTION
OPERATION CYBER SECURITY DEVELOPMENTv EUS OPERATION
MANAGEMENT BI & ANALYTICS
TECHNOLOGY
JR. ASSISTANT I-II
ANALYST I-II EUS OPERATION
SOLUTION
MAINTENANCE
JR. ANALYST I-II ANALYST I-II
SOLUTION NETWORK &
MAINTENANCE COMMUNICATION
JR. ASSISTANT I-II JR. ANALYST I-II
SOLUTION NETWORK &
MAINTENANCE COMMUNICATION
ANALYST I-II
BUSINESS REL & ANALYST I-II
CHANGE MGMT CORE INFRASTRUCTURE
JR. ANALYST I-II
BUSINESS REL & JR. ANALYST I-II
CHANGE MGMT CORE INFRASTRUCTURE
ANALYST I-II
IT PLANNING &
GOVERNANCE
JR. ANALYST I-II
IT PLANNING &
GOVERNANCE
Sepanjang tahun 2024, PGE telah melakukan berbagai PGE has implemented numerous digital initiatives in
inisiatif digital di berbagai fungsi yang bertujuan untuk various functions throughout 2024 aimed at operational
operational effectiveness, menghemat waktu dalam effectiveness, reducing time for decision-making, and
pengambilan keputusan, dan meningkatkan kolaborasi improving collaboration between teams or functions as
antar tim atau fungsi sebagai berikut : follows:
• Enterprise Business & Services : Implementasi i-tecs, • Enterprise Business & Services : Implementation of
Inspecto, IPIT, Enhancement CIP Online, PEKA, i-tecs, Inspecto, IPIT, Enhancement CIP Online,
HSSE Passport, Patroli 86, JPO, Button PEKA, HSSE Passport, Patroli 86, JPO, Button
• Surface : Enhancement SAMS, Enhancement I-PGE • Surface : Enhancement of SAMS, Enhancement of
I-PGE
• Subsurface : Development Steam Back Allocation • Subsurface : Development of Steam Back
Allocation
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Strategi Penerapan TI dan IT and Cyber Security
Keamanan Siber Implementation Strategy
Perseroan telah melakukan implementasi teknologi The Company has adopted technology to support the
untuk mendukung penerapan digitalisasi dan sekaligus implementation of digitalization and at the same time
menjaga keamanan siber, dengan mengacu kepada maintain cybersecurity, adhering to the international
panduan internasional ISO 27001:2022 NIST Cyber guideline ISO 27001:2022 NIST Cyber Security
Security Framework yang telah banyak digunakan oleh Framework which has been widely used by organizations
organisasi-organisasi di seluruh dunia. Proses yang worldwide. The applied processes encompass:
diterapkan mencakup: identifikasi-perlindungan-deteksi- identification-protection-detection-response-recovery.
tanggapan-pemulihan.
Teknologi yang digunakan bertujuan untuk melindungi This technology aims to protect the Company’s data
data Perseroan dan juga data para pihak yang and the data of the parties using the Company’s system
menggunakan sistem Perseroan seperti pekerja, vendor, such as employees, vendors, and business partners of
dan mitra kerja Perseroan. Perlindungan data para the Company. Data protection of the parties using the
pihak yang menggunakan sistem Perseroan, sejalan Company’s system complies with the Law on Personal
dengan Undang-undang Perlindungan Data Pribadi Data Protection Number 27 of 2022.
Nomor 27 Tahun 2022.
Identifikasi
Identification
• Pedoman Keamanan Informasi /
Information Security Code
• Sertifikasi ISO 27001:2022
• Penetration Testing
N IS T
Pelindungan
Tanggapan Protect
Respond • Antivirus
• Penetration Testing • Next Generation Firewall
• Table Top Drill • Multi Factor Authentification
• Backup & Restore System • Backup & Restore System
Cyber Security • SDWAN
Deteksi
Pemulihan
Recover Detect
• Backup & Restore System • Penetration Testing
• Penetration Testing • Tools Monitoring Asset
2024 Annual Report PT Pertamina Geothermal Energy Tbk 199
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05 PENUNJANG BISNIS
BUSINESS SUPPORT
Penerapan dan Peningkatan Implementation and Raised Cyber
Kesadaran Keamanan Siber Security Awareness
Sepanjang tahun 2024 Perseroan telah menerapkan Over the year 2024, the Company adopted various
berbagai langkah pengamanan digital dengan hasil digital security measures with zero incidents.
nol insiden, melalui penerapan langkah-langkah The following measures were implemented:
sebagai berikut :
1. Implementasi Security Operation Center (SOC) 1. Implementation of Security Operation Center
sejak bulan Juli 2024. (SOC) from July 2024.
2. Perlindungan terhadap serangan virus dengan 2. Protection against virus attacks using Next Gen
penerapan Next Gen Antivirus (NGAV) untuk End Antivirus (NGAV) for the endpoints and company
Point dan server perusahan, yang terbukti efektif servers, which has proven effective in detecting
mendeteksi dan mengatasi ancaman malware and resolving malware threats quickly.
dengan cepat.
3. Penggunaan teknologi Next Gen Firewall 3. Adoption of Next Gen Firewall (NGFW)
(NGFW), sistem cerdas yang mampu mendeteksi technology, an intelligent system capable
ancaman gangguan siber tingkat tinggi serta of detecting high-level cyber intrusions and
memantau lalu lintas yang canggih dengan monitoring traffic with the latest artificial
dilengkapi kecerdasan buatan terkini. intelligence.
4. Penggunaan SDWAN, untuk menciptakan jaringan 4. Adoption of SDWAN to create a secure, efficient,
yang aman, efisien dan dapat disesuaikan and scalable network that helps IT in ensuring
sehingga membantu tugas TI dalam memastikan network reliability and accelerating application
keandalan jaringan dan mempercepat kinerja performance.
aplikasi.
5. Enkripsi BitLocker di setiap perangkat laptop yang 5. Encryption of BitLocker on each laptop which
memberikan lapisan keamanan tambahan, dan provides an additional layer of security and
memastikan bahwa data yang disimpan di setiap ensures that the data stored on each device is
perangkat dilindungi secara efektif, bahkan jika effectively protected, should it fall into the wrong
perangkat itu jatuh ke tangan yang salah. hands.
6. Implementasi Multi-Factor Authentication (MFA) 6. Implementation of Multi-Factor Authentication
sebagai lapisan pertahanan pertama keamanan (MFA) as the first layer of security defense which
yang mengharuskan pengguna untuk melewati requires users to pass more than one verification
lebih dari satu langkah verifikasi sebelum dapat step before gaining access to the Company’s
mengakses sistem Perseroan. systems.
7. Implementasi Web Application Firewall (WAF) 7. Installation of Web Application Firewall (WAF)
untuk semua aplikasi yang ada di penyimpanan for all applications in cloud storage.
cloud.
8. Melakukan penetration test baik pada aplikasi, 8. Penetration testing on applications, servers, and
server dan jaringan yang dilakukan oleh pihak networks conducted by independent external
eksternal yang independen. parties.
9. Backup data secara rutin untuk memastikan 9. Regular data backups to ensure the company can
perusahaan dapat memulihkan data dengan cepat quickly recover data in case of any potentially
apabila terjadi kejadian yang berpotensi harmful event.
merugikan perusahaan.
10. Berhasil mendapatkan kelulusan surveillance 10. Successfully obtaining the ISO 27001:2002
ISO 27001:2022, bukti komitmen pada surveillance certification, a measure of
perlindungan dan keamanan siber. commitment to cyber security and protection.
11. Berhasil mendapatkan sertifikat ISO 20000-1:2018, 11. Successfully obtaining the ISO 20001:2018
yang tidak hanya meningkatkan kualitas layanan TI certificate, which not only improves the quality
tetapi juga memperkuat keamanan siber. Dengan of IT services but also reinforces cyber security.
kerangka kerja terstandar ini, fungsi TI dapat lebih Using this standardized framework, the IT team
efektif dalam mengidentifikasi dan menangani can perform more effectively in identifying and
ancaman serta memastikan perlindungan data. addressing threats as well as ensuring data
protection.
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12. Mendapatkan Indeks Kematangan Siber/Cyber 12. Receiving a Cyber Security Maturity Index
Security Maturity (CSM) sebesar 4,61 dan tingkat (CSM) of 4.61 and a cyber maturity level
kematangan siber level 5,0 (Implementasi Optimal) of 5.0 (Optimal Implementation) from
dari BSSN, menunjukkan bahwa komitmen BSSN shows that the commitment to cyber
terhadap perlindungan dan keamanan siber sudah protection and security is already at an
berada pada level terotomatisasi, terintegrasi dan automated, integrated and cultural level.
membudaya.
13. Implementasi Standarisasi Perangkat Jaringan di 13. Implementation of Network Device
perusahaan membantu menciptakan konsistensi Standardization in the Company which helps
dan efisiensi dalam pengelolaan infrastruktur. Dari create consistency and efficiency in infrastructure
segi keamanan siber, standarisasi memudahkan management. In terms of cyber security, this
penerapan kebijakan keamanan yang seragam, standardization facilitates the implementation
mempercepat deteksi ancaman, dan mengurangi of a uniform security policy, accelerates the
risiko kerentanannya. Hal ini memperkuat detection of threats, and reduces the risk of
pertahanan perusahaan terhadap potensi vulnerabilities. It strengthens the Company’s
serangan siber, menjaga data dan sistem tetap defenses against potential cyber-attacks, keeping
aman. data and systems safe.
14. Mengikuti CIP GEOVATION PGE 2024 (GOLD) 14. Participation in CIP GEOVATION PGE 2024
dan CIP SH PNRE 2024 dan masuk sebagai lima (GOLD) and CIP SH PNRE 2024, claiming a
besar. place in the top five.
Sosialisasi TI pada 2024 Keterangan
IT Dissemination in 2024 Description
Forum KOMET Webinar pada Senin,
Cyber Resilience for Business Continuity 23 September 2024
and Family Safety KOMET Forum Webinar on Monday,
23 September 2024
Broadcast awareness via e-mail Minimal 1 x Setiap Bulan
At least once a month
Penguatan Penerapan Digitalisasi Strengthened Implementation of
dalam Proses Bisnis Digitalization in Business Process
Penggunaan digitalisasi dan kecerdasan buatan atau Leveraging digitalization and artificial intelligence (AI)
artificial intelligence (AI) dalam proses bisnis sudah in business processes is a necessity today. AI, which
menjadi salah satu keharusan di masa kini. AI yang was created to realize efficiency, effectiveness and
diciptakan untuk mewujudkan efisiensi, efektivitas dan resolve issues, can optimize business processes
solusi pemecahan masalah, dapat mengoptimalkan alongside human resources.
proses bisnis berdampingan dengan tenaga manusia.
PGE sudah menerapkan penggunaan AI dalam PGE has adopted the use of AI in various business
berbagai proses bisnis, di antaranya untuk processes, including optimizing the search for
mengoptimalkan pencarian potensi panas bumi. Pada geothermal potential. In 2024, PGE also pioneered
tahun 2024, PGE juga telah merintis berbagai program various digitalization programs to encourage efficiency
digitalisasi untuk mendorong proses efisiensi dan processes and data accuracy in decision-making
keakuratan data dalam pengambilan keputusan. processes.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 201
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05 PENUNJANG BISNIS
BUSINESS SUPPORT
Aplikasi Terintegrasi Geothermal Integrated Geothermal Data
Data Collector Collector App
PGE telah meluncurkan aplikasi Geothermal Data PGE has launched the Geothermal Data Collector
Collector yang terintegrasi dengan Dashboard Power application integrated with the Power BI Dashboard in
BI pada kuartal I 2024, sebagai bagian dari program quarter I 2024, as part of a digitalization program to
digitalisasi untuk meningkatkan efisiensi dan akurasi improve the efficiency and accuracy of subsurface data
pengelolaan data subsurface, khususnya data Pressure management, particularly Geothermal well Pressure &
& Temperature (P&T) sumur Geothermal. Aplikasi ini Temperature (P&T) data. This application replaces the
menggantikan proses manual berbasis Excel yang Excel-based manual process previously used to manage
sebelumnya digunakan untuk mengelola data lebih data from more than 280 Geothermal wells.
dari 280 sumur Geothermal.
Nilai Tambah: Added Value:
• Efisiensi & Akurasi: • Efficiency & Accuracy:
Mengurangi beban kerja manual dan mempercepat Reduces manual workload and accelerates
pembuatan grafik P&T. P&T graph creation.
• Centralized Database: • Centralized Database:
Data tersimpan aman dengan sistem backup yang Data is stored securely with a robust backup
robust. system.
• Analitik Lanjutan: • Advanced Analytics:
Membuka peluang pengembangan master data Opens up opportunities for developing standard
sumur yang standar. well master data.
• Visualisasi Data: • Data Visualization:
Meningkatkan transparansi dan interpretasi data Increases data transparency and interpretation
melalui Power BI. through Power BI.
Kolaborasi & Pengembangan: Collaboration & Development:
Proyek ini dimulai pada kuartal III 2023 dan telah The project started in quarter III 2023 and has been
dimanfaatkan dengan baik oleh tim terkait. Pada well utilized by the related teams. In quarter I 2024, IT
kuartal I 2024, Tim IT dan Reservoir mengadakan and Reservoir Team held a workshop to identify business
workshop untuk mengidentifikasi peningkatan proses process improvements, including the development of
bisnis, termasuk pengembangan solusi untuk Steam solutions for Steam Allocation, Well Performance
Allocation, Well Performance Monitoring, dan Forecast. Monitoring, and Forecast. With these applications,
Dengan aplikasi ini, PGE telah mencapai efisiensi PGE has achieved significant operational efficiency
operasional yang signifikan dan membuka potensi and unlocked the potential for more advanced data
pengembangan data yang lebih maju di masa depan. development in the future.
202 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Pengembangan Solusi Steam Steam Allocation, Well Performance
Allocation, Well Performance Monitoring, and Forecast Solution
Monitoring, dan Forecast Development
Perseroan mengembangkan solusi untuk meningkatkan The Company developed a solution to improve the
kapabilitas tim Reservoir Production Monitoring dalam capability of the Reservoir Production Monitoring team
melakukan perhitungan perkiraan alokasi steam pada in calculating the estimated steam allocation for each
setiap sumur, dengan melakukan kalkulasi data well, by calculating daily production data for each
produksi harian pada tiap sumur dan data tekanan well and wellhead pressure data, separators and
kepala sumur, separator dan steam vessel. steam vessels.
Dengan menerapkan persamaan dan formulasi Through the application of equations and formulas for
perhitungan steam rate dan enthalpy, akan didapatkan calculating steam rate and enthalpy, a data model will
model data untuk memprediksi decline rate pada be obtained to predict the decline rate at the
Pembangkit Listrik Tenaga Panas Bumi (PLTP) yang Geothermal Power Plant (PLTP) which is reduced to the
diturunkan hingga level per sumur. level per well.
Aplikasi ini memudahkan integrasi dan implementasi This application facilitates the integration and
persamaan tersebut, yang dilengkapi dengan fitur implementation of these equations, equipped with
konfigurasi untuk menerapkan diagram skematik PLTP configuration features to apply PLTP schematic
sehingga prediksi (forecast) dapat dilakukan dengan diagrams, enabling it to conduct forecasts more
lebih akurat untuk setiap area PLTP PGE. accurately for each PGE PLTP area.
Integrasi Data melalui G-Bionic Data Integration via G-Bionic
Pada tahun 2024 PGE merintis G-Bionic, atau In 2024, PGE pioneered G-Bionic, Geothermal Business
Geothermal Business Intelligence and Integrated Intelligence and Integrated Operation Center, one of
Operation Center, salah satu strategic initiative the strategic initiatives to improve corporate capability
peningkatan corporate capability melalui transformasi through end-to-end digital transformation of the
digital secara end-to-end terhadap lini bisnis inti Company's core business lines. This integrated
perusahaan. Transformasi terintegrasi ini dirancang transformation is devised to simplify work processes
untuk mempermudah proses kerja melalui digitalisasi, through digitalization, strengthen organizational
memperkuat kemampuan organisasi melalui penerapan capabilities through the application of AI and improve
AI serta meningkatkan akurasi pengambilan keputusan the accuracy of decision-making based on reliable
berdasarkan sumber data yang dapat dipercaya data sources through the development of data
melalui pengembangan infrastruktur data sebagai infrastructure as a single source of truth.
single source of truth.
Transformasi ini adalah salah satu fondasi penting This transformation is one of crucial foundations
yang tertuang pada prospektus IPO PGE guna outlined in the PGE IPO prospectus to face new
menghadapi tantangan baru pengembangan dan challenges in the development and utilization of
pemanfaatan sumber daya panas bumi dengan geothermal resources with a capacity of 3 gigawatts.
kapasitas 3 gigawatt. Inisiatif ini juga ditujukan untuk This initiative is also intended to encourage business
mendorong optimalisasi bisnis sebagai katalis optimization as a catalyst for multi-functional
kolaborasi multi fungsi melalui penerapan teknologi collaboration through the application of information
informasi dan demokratisasi data. Infrastruktur data technology and data democratization. The data
pada project ini dirancang untuk dapat menjaga infrastructure in this project is designed to maintain
keakuratan dan keamanan data melalui penerapan data accuracy and security through the application of
integrated data governance dan cyber security berlapis. integrated data governance and layered cyber security.
Pembentukan G-Bionic yang dimulai pada medio 2024 Initiated in mid-2024, the establishment of G-Bionic
ini melibatkan sekitar 16 departemen lintas fungsi di involved around 16 cross-functional departments at
PGE, dengan target penyelesaian lebih kurang selama PGE, with a target completion of approximately three
tiga tahun atau sekitar tahun 2027. years or around 2027.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 203
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05 PENUNJANG BISNIS
BUSINESS SUPPORT
Tanpa G-Bionic Dengan G-Bionic
Without G-Bionic With G-Bionic
Data Tidak Data yang tidak terintegrasi Manajemen Manajemen dan integrasi
Terintegrasi membuat perlunya proses yang dan Integrasi data manajemen dan integrasi
panjang dalam melakukan data data yang dapat mendukung
Unintegrated utilisasi data. penggunaan data secara lebih
Data Data management baik.
Makes it necessary to have a and integration
long process in utilizing the Data management and
data. integration that can support
better data usage.
Visualisasi Membuat proses proyeksi Data Visual Data visual dan analitik
dan Analisis (forecasting) menjadi tidak dan Analitik mendapatkan pemahaman yang
Tidak akurat dan berujung kepada lebih baik melalui analisa data
Memadai kesalahan dalam pengambilan Visual data and dan kecerdasan buatan yang
keputusan. analytics lebih komprehensif.
Insufficient
visualization and Makes the forecasting process Gain better insights through
analysis inaccurate and leads to errors more comprehensive data
in decision making. analysis and artificial
intelligence.
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Tanpa G-Bionic Dengan G-Bionic
Without G-Bionic With G-Bionic
Kurangnya Kurangnya penerapan tata Digitalisasi Digitalisasi dan otomatisasi
Tata Kelola kelola dalam proses kerja dan mendorong efisiensi melalui
dalam Proses membuat proses kerja menjadi Otomatisasi proses digitalisasi dan
Kerja tidak efisien dan tidak sesuai otomatisasi.
peraturan. Digitalization and
Lack of Governance automation Drive efficiency through
in Work Process Makes the work process digitalization and automation
inefficient and not in accordance processes.
with regulations.
Aplikasi dan Proses operasional menjadi tidak Peningkatan Peningkatan efisiensi operasional
platform yang efisien dan tidak terintegrasi. Efisiensi peningkatan efisiensi dan proses
tidak optimal Operasional bisnis melalui peningkatan
Makes the forecasting process standar tata kelola bisnis.
Suboptimal inaccurate and leads to errors in Operational
applications efficiency Improvement of efficiency and
decision making.
and platforms improvement
operational business processes through
improved business governance
standards.
Kurangnya Kurangnya peran dan Pengembangan Pengembangan sumber daya
Peran dan penggunaan data memakan Sumber Daya manusia dalam pengolahan dan
Penggunaan waktu dalam membuat data Manusia analisa data.
Data secara manual.
Human resource Human resource development in
Leads to time-consuming in development data processing and analysis.
Lack of data role
and use creating data manually.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 205
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6
03 ANALISA DAN PEMBAHASAN MANAJEMEN
MANAGEMENT DISCUSSION AND ANALYSIS
ANALISA DAN
PEMBAHASAN
MANAJEMEN
MANAGEMENT
DISCUSSION AND
ANALYSIS
206 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Iktisar Kerja
Performance Highlights
Iktisar Kerja
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L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a 207
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03 ANALISA DAN PEMBAHASAN MANAJEMEN
MANAGEMENT DISCUSSION AND ANALYSIS
TINJAUAN EKONOMI DAN INDUSTRI
ECONOMIC AND INDUSTRIAL OVERVIEW
Tinjauan Ekonomi 2024 Economic Overview 2024
Tahun 2024 merupakan periode yang dinamis. Konflik The year 2024 was characterized by a dynamic and
geopolitik yang semakin kompleks, dampak krisis iklim challenging global landscape, shaped by escalating
yang kian intens, hingga banyaknya negara yang geopolitical tensions, the intensifying effects of the
menyelenggarakan Pemilihan Umum (termasuk di climate crisis, and a wave of general elections across
Indonesia dan Amerika Serikat), membuat aktivitas several major economies, including Indonesia and the
perekonomian di sepanjang tahun cenderung stagnan United States. These developments contributed to a
karena kondisi pasar yang masih wait and see. cautious market sentiment, leading to a general
slowdown in economic activity as stakeholders adopted
a wait-and-see approach.
Ketidakpastian di ranah global menyulut fluktuasi Global uncertainties have driven significant price
harga beberapa parameter penting di sepanjang volatility across several key indicators throughout the
tahun, seperti harga minyak mentah dunia Brent yang year. One notable example is Brent crude oil, which
dibuka pada posisi harga USD80 per barel, pada opened at USD80 per barrel and fell to USD68.68 per
bulan Maret 2024 sempat turun hingga USD68,68 per barrel in March 2024—marking its first drop below the
barel atau berada di bawah level USD70 per barel USD70 threshold since November 2021. The price
untuk pertama kalinya sejak November 2021. Brent later surged to a peak of USD90 per barrel on
kemudian menyentuh level tertinggi US$90 per barel April 16, 2024, before settling at USD74.64 per barrel
pada 16 April 2024, dan kemudian ditutup di posisi by year-end.
US$74,64 per barel pada akhir tahun.
Nilai tukar rupiah terhadap dolar Amerika Serikat (AS) The rupiah depreciated against the US dollar, reaching
melemah hingga mencapai Rp16.157,00 per per 31 Rp16,157 as of 31 December 2024 — exceeding the
Desember 2024, melewati asumsi Anggaran 2024 State Budget (APBN) assumption of Rp15,000
Pendapatan dan Belanja Negara (APBN) 2024 yang per US dollar.
senilai Rp15.000 per dolar AS.
Di dalam negeri, Presiden RI Prabowo Subianto Domestically, President of the Republic of Indonesia,
menyatakan fokus utamanya pada pencapaian Prabowo Subianto, emphasized his commitment to
swasembada energi, serta menggarisbawahi achieving national energy self-sufficiency. He
pentingnya kemandirian dan ketahanan energi nasional highlighted the strategic importance of enhancing
melalui peningkatan penggunaan Energi Baru energy security through the expanded use of New and
Terbarukan (EBT) termasuk panas bumi, untuk menjaga Renewable Energy (NRE), including geothermal, as a
kesiapan Indonesia menuju Net Zero Emission (NZE) key pillar in supporting Indonesia’s pathway toward
pada tahun 2060. Net Zero Emissions (NZE) by 2060.
Presiden Prabowo juga yakin Indonesia dapat President Prabowo has expressed confidence in
mencapai pertumbuhan ekonomi hingga 8%, sebagai Indonesia’s potential to reach economic growth of up
bagian dari visi Indonesia Emas 2045. Pada tahun to 8% as part of the Golden Indonesia 2045 vision. In
2024, Indonesia mencatat pertumbuhan ekonomi year- 2024, the national economy grew by 5.03% year-on-
on-year (yoy) 5,03%, melambat dibandingkan tahun year (yoy), slightly lower than the 5.05% growth
sebelumnya 5,05%. Pencapaian tersebut juga di recorded in the previous year. However, this result fell
bawah target APBN 2024 yang sebesar 5,2%. short of the 2024 State Budget target, which projected
a growth rate of 5.2%.
Pertumbuhan ekonomi Indonesia stabil di level 5% Excluding the 2020–2021 pandemic period,
dalam satu dekade terakhir (di luar dari periode Indonesia’s economy has consistently maintained a
pandemi tahun 2020-2021), menunjukkan ketangguhan stable growth rate of around 5% over the past decade—
ekonomi Indonesia yang berada jauh di atas rata- rata well above the global average of approximately 2.6%.
pertumbuhan ekonomi global di kisaran 2,6%. This sustained growth reflects the resilience of the
Pertumbuhan ekonomi yang stabil berpotensi Indonesian economy and underscores its potential to
mendorong permintaan dan konsumsi energi. drive increasing energy demand and consumption in
the years ahead.
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Berdasarkan data Badan Pusat Statistik (BPS), konsumsi According to data from Statistics Indonesia (BPS),
rumah tangga yang menjadi penyumbang 53% Produk household consumption—which accounts for 53% of the
Domestik Bruto (PDB) Indonesia, tumbuh 4,94% di country’s Gross Domestic Product (GDP)—grew by
sepanjang tahun 2024, didorong oleh bantuan sosial 4.94% in 2024. This growth was supported by
pemerintah, pembangunan infrastruktur, dan continued government social assistance programs,
peningkatan investasi. ongoing infrastructure development, and a rise in
investment activity.
Tingkat inflasi tahun 2024 tercatat 1,57% (yoy), Indonesia's inflation rate in 2024 stood at 1.57% year-
terendah sejak tahun 1958 saat BPS mulai menghitung on-year (yoy), marking the lowest level since 1958—the
inflasi (area Jakarta). Faktor penyebab inflasi yang year Statistics Indonesia (BPS) began recording
rendah adalah stabilnya harga pangan dan energi, inflation in the Jakarta area. This historically low
penurunan tarif angkutan udara, dan kebijakan moneter inflation was driven by stable food and energy prices,
dari Bank Indonesia (BI). a decline in airfares, and the prudent monetary policy
stance maintained by Bank Indonesia (BI).
Tinjauan Industri Industrial Overview
Pemerintah telah mengidentifikasi 362 titik potensi The government has identified 362 potential geothermal
panas bumi atau geotermal di seluruh Indonesia sites throughout Indonesia, with a combined capacity
dengan kapasitas hingga 23,592 MW. Hal tersebut of up to 23,592 MW. This positions Indonesia as the
menjadikan Indonesia sebagai negara dengan country with the second-largest geothermal reserves
cadangan panas bumi terbesar kedua di dunia, setelah globally, trailing only the United States.
Amerika Serikat.
Menurut data Kementerian Energi dan Sumber Daya According to data from the Ministry of Energy and
Mineral (ESDM) yang diterbitkan dalam Handbook of Mineral Resources (MEMR), as published in the 2023
Energy & Economic Statistic of Indonesia 2023, dari Handbook of Energy & Economic Statistics of Indonesia,
total potensi tersebut, 14.411 MW di antaranya of the total geothermal potential, 14,411 MW are
teridentifikasi sebagai cadangan (mungkin, terduga, classified as reserves (possible, probable, proven) with
terbukti) yang potensial untuk dikembangkan, development potential. Meanwhile, 9,181 MW are
sedangkan 9.181 MW sebagai sumber daya spekulatif categorized as speculative and hypothetical resources.
dan hipotesis.
Pemanfaatan Energi Baru Terbarukan (EBT), termasuk The integration of renewable energy, including
dari panas bumi di dalam bauran energi nasional geothermal power, into the national energy mix remains
seperti untuk pembangkit listrik hingga saat ini masih suboptimal, primarily due to cost challenges, as the
belum optimal karena harganya yang belum dapat price of renewable energy still struggles to compete
bersaing dengan energi fosil. with that of fossil fuels.
Faktor penyebabnya antara lain karena Indonesia Several factors contribute to this, including the absence
belum menerapkan pajak karbon atau pajak yang of a carbon tax in Indonesia, which would address
dikenakan terhadap pembakaran bahan bakar fosil, emissions from fossil fuel combustion, as well as the
serta teknologi dan supply chain EBT yang belum underdevelopment of New and Renewable Energy
berkembang dengan baik di Indonesia. (NRE) technologies and supply chains within the country.
Untuk mewujudkan visi dan misi Pemerintah akan In line with the Government's vision for national energy
swasembada dan ketahanan energi nasional, pada self-sufficiency and security, the Ministry of Energy and
akhir tahun 2024 Kementerian ESDM telah menyatakan Mineral Resources has reiterated its commitment to
komitmennya untuk meningkatkan proporsi EBT dalam increasing the share of New and Renewable Energy
bauran energi nasional, dengan panas bumi sebagai (NRE) in the national energy mix, with geothermal
salah satu andalan. Proporsi EBT dalam bauran energi energy being a key focus. By the end of 2024, NRE
baru mencapai 14,1% pada 2024, dengan target accounted for just 14.1% of the energy mix, with a
17-19% di tahun 2025. target set to reach 17-19% by 2025.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 209
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03 ANALISA DAN PEMBAHASAN MANAJEMEN
MANAGEMENT DISCUSSION AND ANALYSIS
Pemerintah melalui Kementerian ESDM juga berjanji The Government, through the Ministry of Energy and
akan memberikan dukungan insentif untuk mendorong Mineral Resources, has committed to providing
industri geotermal, antara lain dengan memangkas incentive support to accelerate the growth of the
durasi perizinan dari 18 bulan menjadi lima hari, serta geothermal industry. This includes reducing the licensing
peningkatan Return on Investment (ROI). Hal itu process from 18 months to just five days and enhancing
dilakukan agar dapat menarik investor untuk Return on Investment (ROI) to attract more investors.
berkolaborasi dalam memajukan sektor panas bumi These measures are aimed at fostering greater
nasional. collaboration and advancing the national geothermal
sector.
Berdasarkan data Kementerian ESDM, hingga akhir According to data from the Ministry of Energy and
tahun 2024 kontribusi listrik yang dihasilkan dari panas Mineral Resources, by the end of 2024, geothermal
bumi telah mencapai 5,3% dari total bauran energi energy accounted for 5.3% of the national energy mix,
nasional, atau sekitar 40% dari bauran EBT. Dengan representing approximately 40% of the New and
demikian, energi panas bumi telah berperan penting Renewable Energy (NRE) share. This significant
dalam mendukung upaya dekarbonisasi sektor contribution underscores geothermal's crucial role in
ketenagalistrikan di dalam negeri, dan menjadikan advancing decarbonization within Indonesia's
Indonesia sebagai produsen listrik panas bumi terbesar electricity sector, positioning the country as the second-
kedua di dunia. largest geothermal electricity producer globally.
Sejak tahun 2014 hingga 2024, penambahan Between 2014 and 2024, the capacity of Geothermal
kapasitas Pembangkit Listrik Tenaga Panas Bumi (PLTP) Power Plants (PLTP) increased by 1.2 GW, bringing the
mencapai 1,2 GW, sehingga total kapasitas terpasang total installed geothermal capacity to 2.6 GW, or
panas bumi menjadi 2,6 GW atau sekitar 11% dari approximately 11% of the nation's total geothermal
total potensi panas bumi nasional. Tambahan kapasitas potential. This additional capacity is sufficient to power
ini mampu memberikan tenaga listrik bagi 1,3 juta 1.3 million households and contribute to a reduction of
rumah serta mengurangi emisi Gas Rumah Kaca (GRK) 17.4 million tons of CO2 emissions annually.
sebesar 17,4 juta ton CO2 per tahun.
Posisi PGE Dalam Industri Panas PGE’s Position in the National
Bumi Nasional Geothermal Industry
Pemanfaatan energi panas bumi di Indonesia pada As of 2024, Indonesia’s geothermal energy utilization
tahun 2024 mencapai 2,6 GW, yang dioperasikan reached 2.6 GW, generated from 18 Geothermal
melalui 18 PLTP di seluruh Indonesia, dengan sembilan Power Plants (PLTPs) across the country. The Company
PLTP dioperasikan oleh Perseroan. PGE menjadi operates nine of these PLTPs, making PGE the largest
pengelola panas bumi terbesar di Tanah Air dengan geothermal operator in Indonesia, with an installed
kontribusi kapasitas terpasang hingga 28,91%. capacity contributing up to 28.91% of the national
total.
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0,55%
PT PLN (Persero)
0,34% 4,94%
PT Geo Dipa Energy
PT Sokoria Geothermal Indonesia
5,15%
PT Sorik Marapi Geothermal Power
28,91%
PT Pertamina Geothermal Energy Tbk
7,86%
PT Supreme Energy
9,90%
Star Energy Geothermal
(Wayang Windu), Ltd.
11,79%
16,37% Star Energy Geothermal Darajat II Ltd.
Star Energy Geothermal Salak, Ltd.
14,08%
Sarulla Operations, Ltd.
PT Pertamina Geothermal Energy Tbk 673 MW
Star Energy Geothermal Salak, Ltd. 381 MW
Sarulla Operations, Ltd. 330 MW
Star Energy Geothermal Darajat II Ltd. 274.5 MW
Star Energy Geothermal (Wayang Windu), Ltd. 230.5 MW
PT Supreme Energy 183 MW
PT Sorik Marapi Geothermal Power 149 MW
PT Geo Dipa Energy 120 MW
PT PLN (Persero) 13 MW
PT Sokoria Geothermal Indonesia 8 MW
2024 Annual Report PT Pertamina Geothermal Energy Tbk 211
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03 ANALISA DAN PEMBAHASAN MANAJEMEN
MANAGEMENT DISCUSSION AND ANALYSIS
Per akhir tahun 2024, PGE memiliki Wilayah Kuasa By the end of 2024, PGE operated six geothermal
Pengusahaan (WKP) panas bumi yang dikelola sendiri Working Areas (WKP) under its own management that
(own operation) sebanyak enam lapangan yang sudah had entered commercial operation, with a total
beroperasi komersial dengan total kapasitas terpasang installed capacity of 673 MW. These fields include
sebesar 673 MW. Enam lapangan tersebut meliputi Kamojang (235 MW), Ulubelu (220 MW), Lahendong
Kamojang (235 MW), Ulubelu (220 MW), Lahendong (120 MW) including a 0.5 MW binary plant for
(120 MW) serta binary plant sebesar 0,5 MW untuk internal use, Sibayak (12 MW), Karaha (30 MW), and
kebutuhan sendiri (own use), Sibayak (12 MW), Lumut Balai (55 MW).
Karaha (30 MW) dan Lumut Balai (55 MW).
Hingga akhir tahun 2024, empat proyek PGE masih As of the end of 2024, PGE has four geothermal
dalam tahap pengembangan yaitu Lumut Balai Unit 2 projects in the development phase, namely Lumut Balai
(55 MW), Lumut Balai Unit 3 (55 MW), Hululais Unit Units 2 and 3 (each 55 MW), Hululais Units 1 and 2
1 & 2 (110 MW), serta Lahendong Unit 7 & 8 (40 (totaling 110 MW), and Lahendong Units 7 and 8
MW). Sementara itu, terdapat lapangan-lapangan (totaling 40 MW). In addition, several other fields
lain yang masih dalam tahap eksplorasi, yakni Gunung remain in the exploration stage, including Gunung
Tiga, Tanjung Tiga, Seulawah, Sungai Penuh, Tiga, Tanjung Tiga, Seulawah, Sungai Penuh,
Kotamobagu, dan Way Ratai. Kotamobagu, and Way Ratai.
Terdapat lima lapangan yang dioperasikan melalui PGE also collaborates with partners through Joint
kerja sama dalam bentuk Kontrak Operasi Bersama Operation Contracts (JOC) for five geothermal fields.
(KOB) atau Joint Operation Contract (JOC), dengan Four of these fields are already in commercial operation:
empat lapangan sudah beroperasi komersial yaitu Gunung Salak (377 MW), Darajat (271 MW), and
Gunung Salak (377 MW), Darajat (271 MW) dan Wayang Windu (227 MW), operated by Star Energy
Wayang- Rindu (227 MW) yang dioperasikan oleh Geothermal Ltd., as well as Sarulla (330 MW),
Star Energy Geothermal Ltd., Sarulla (330 MW) yang operated by Sarulla Operations Ltd. One additional
dioperasikan oleh Sarulla Operation Ltd., dan satu field, located in Bedugul, Bali and operated by Bali
lapangan dalam tahap eksplorasi yaitu di Bedugul, Energy Ltd., remains in the exploration stage.
Bali yang dioperasikan oleh Bali Energy Ltd.
Berdasarkan studi yang dilakukan dan diverifikasi oleh A study conducted and verified in 2024 by geothermal
William (Bill) Cumming dan LAPI ITB pada tahun 2024, expert William (Bill) Cumming in collaboration with
didapatkan hasil analisa bahwa potensi panas bumi di LAPI ITB concluded that the total geothermal potential
seluruh WKP panas bumi PGE mencapai 3 GW. Artinya across all of PGE’s Working Areas (WKP) reaches
PGE masih memiliki peluang pengembangan panas approximately 3 GW. This highlights the significant
bumi yang sangat besar di dalam WKP eksisting. PGE untapped development opportunities within PGE’s
telah menargetkan kapasitas terpasang hingga >1 existing concessions. Aligned with this potential, PGE
GW pada tahun 2028. has set a strategic target to increase its installed
capacity to more than 1 GW by 2028.
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STRATEGI PERSEROAN
COMPANY STRATEGY
PGE telah menetapkan target atau sasaran yang yang akan dicapai melalui tiga strategi utama
yaitu Geothermal Development, Downstream Industry, dan Green By Product and Industrial Estate.
PGE has outlined its strategic direction through three main pillars: expanding Geothermal Development,
advancing the Downstream Industry, and optimizing value creation through Green By-products and the
development of a Green Industrial Estate.
Geothermal Development
PGE akan mendorong pertumbuhan kapasitas di PGE is committed to accelerating domestic capacity
dalam negeri (organic growth), mengadopsi expansion through organic growth, adopting
teknologi terbaru yang telah terbukti secara commercially proven advanced technologies, and
komersial dan melakukan kolaborasi strategis forging strategic partnerships. These efforts aim to
untuk meningkatkan pendapatan, pangsa pasar enhance revenue streams, expand market share,
dan membangun ekosistem yang kuat. and establish a robust and sustainable geothermal
ecosystem.
Downstream Industry
PGE akan memperluas jangkauan bisnis dengan PGE aims to broaden its business scope by
mengembangkan industri hilir dan melakukan advancing downstream industries and diversifying
diversifikasi bisnis ke pasar sektor non-geotermal, into non-geothermal markets. This strategic move is
untuk meningkatkan kapabilitas industri dalam intended to strengthen domestic industrial
negeri, meningkatkan daya saing dan memperkuat capabilities, enhance competitiveness, and reinforce
keberlanjutan bisnis perusahaan. the long-term sustainability of the Company’s
operations.
Green By Product and Industrial Estate
PGE akan mendorong profitabilitas melalui PGE will drive profitability by establishing an
pengembangan pusat industri hijau mandiri independent Green Industrial Hub and
(Green Industrial Hub) dan komersialiasi produk commercializing geothermal derivative products
turunan dari panas bumi (Beyond Energy). under its Beyond Energy initiative.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 213
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03 ANALISA DAN PEMBAHASAN MANAJEMEN
MANAGEMENT DISCUSSION AND ANALYSIS
Strategi Inisiatif
Strategy Initiative
Geothermal Development 1. Menjaga keandalan operasi produksi di lapangan yang sudah ada saat ini
atau eksisting, agar dapat menyalurkan uap dan listrik sesuai dengan kapasitas
terpasang.
2. Meningkatkan penguasaan teknologi dan berorientasi pada proses digitalisasi
untuk menunjang operasional, efisiensi biaya, serta meminimalkan potensi kerugian
yang pada akhirnya dapat meningkatkan daya tarik bisnis panas bumi.
3. Menggunakan pendekatan bertahap (stepwise development) dalam eksplorasi dan
pengembangan di area sekitar wilayah kerja eksisting untuk meminimalkan risiko.
4. Berpartisipasi dalam lelang WKP baru dan mengusulkan penugasan PSP/PSPE dari
pemerintah.
5. Meningkatkan produksi dengan implementasi Binary Unit pada lapangan eksisting
dengan pemanfaatan brine serta pemanfaatan sumur-sumur bertekanan rendah (low
pressure).
6. Melakukan kerja sama strategis dengan mitra potensial untuk memaksimalkan
potensi dan mendorong pengembangan lapangan eksisting.
7. Menerapkan budaya kesehatan dan keamanan kerja (HSSE Cultures) dan berfokus
pada penerapan operasional yang unggul (operational excellence).
8. Mengoptimalkan pengelolaan Sumber Daya Manusia (SDM) yang dimiliki
melalui penerapan teknologi dan peningkatan kompetensi untuk dapat menunjang
pertumbuhan Perseroan dalam mendukung visi Perseroan.
9. Melakukan percepatan komersialisasi dan meminimalisir belanja modal sebagai
upaya untuk meningkatkan pengembalian atas investasi.
10. Mengoptimalkan keseluruhan rantai pasokan untuk mendapatkan fleksibilitas dan
penghematan biaya.
1. Maintain the reliability of production operations in existing fields, enabling it to
distribute steam and electricity according to installed capacity.
2. Increase mastery of technology and orienting towards digitalization processes to
support operations, cost efficiency, and minimize potential losses which can ultimately
increase the attractiveness of the geothermal business.
3. Use a stepwise development approach in exploration and development in areas
around existing work areas to minimize risk.
4. Participate in new WKP auctions and propose PSP/PSPE assignments from the
Government.
5. Increase production by implementing Binary Units in existing fields by utilizing brine
and utilizing low-pressure wells.
6. Conduct strategic cooperation with potential partners to maximize potential and
encourage the development of existing fields.
7. Implement a culture of occupational health and safety (HSSE Cultures) and focus on
implementing operational excellence.
8. Optimize the management of Human Resources (HR) owned through the application
of technology and increase competence to support the Company’s growth in achieving
the Company’s vision.
9. Accelerate commercialization and minimize capital expenditures as an effort to
increase returns on investment.
10. Optimize the entire supply chain for flexibility and cost savings.
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Strategi Inisiatif
Strategy Initiative
Downstream Industry 1. Membangun kemitraan dengan mitra potensial dalam pengembangan manufaktur
heat exchanger di dalam negeri melalui kajian teknis dan pasar yang positif secara
komersial.
2. Membuka peluang jangkauan target pasar produk yang dihasilkan, yang tidak
terbatas pada industri panas bumi.
3. Mempersiapkan SDM melalui peningkatan kompetensi dan sertifikasi dalam
mendukung implementasi strategi Perseroan.
1. Build partnerships with potential partners in the development of domestic heat
exchanger manufacturing through commercially positive technical and market studies.
2. Unlock opportunities for the target market reach of the products produced, which is
not limited to the geothermal industry.
3. Prepare human resources through improved competence and certification in
supporting the implementation of the Company’s strategy.
Green By Product and Industrial 1. Menginisiasi pemenuhan kebutuhan listrik industri secara langsung melalui
Estate pengembangan kawasan industri hijau berbasis energi panas bumi.
2. Menginisiasi penambahan portofolio bisnis baru untuk menunjang keekonomian
proyek baru maupun meningkatkan profitabilitas Perseroan secara keseluruhan,
diantaranya melalui pemanfaatan energi panas bumi secara langsung (direct use)
maupun komersialisasi produk turunan panas bumi (by product).
3. Mengembangkan strategi pemasaran berbasis kebutuhan industri untuk
meningkatkan permintaan produk turunan panas bumi.
4. Berpartisipasi aktif dalam perdagangan karbon nasional dan internasional guna
mendorong sumber pendapatan tambahan bagi Perseroan.
1. Initiate the fulfillment of industrial electricity needs directly through the development of
green industrial areas based on geothermal energy.
2. Initiate the addition of new business portfolios to support the economics of new
projects and increase the Company’s overall profitability, including through direct
use of geothermal energy and commercialization of geothermal derivative products
(by product).
3. Develop marketing strategies based on industrial needs to boost demand for
geothermal derivative products.
4. Actively participate in national and international carbon trading to encourage
additional sources of income for the Company.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 215
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03 ANALISA DAN PEMBAHASAN MANAJEMEN
MANAGEMENT DISCUSSION AND ANALYSIS
SKEMA PEMANFAATAN PANAS BUMI
GEOTHERMAL UTILIZATION SCHEME
Panas bumi memiliki fleksibilitas pemanfaatan yang Geothermal energy has high utilization flexibility since
tinggi karena tidak bergantung pada kondisi iklim it does not depend on climate or weather conditions. In
maupun cuaca. Secara umum pemanfaatan energi general, geothermal energy utilization is divided into
panas bumi dapat dibagi menjadi dua, yakni two categories: indirect utilization for Geothermal
pemanfaatan tidak langsung untuk Pembangkit Listrik Power Plants (PLTP), and direct utilization for other
Tenaga Panas Bumi (PLTP), dan pemanfaatan langsung activities.
untuk kegiatan lain.
Skema Pemanfaatan Panas Bumi Indirect Geothermal Utilization
Secara Tidak Langsung Scheme
Pemanfaatan energi panas bumi secara tidak langsung Indirect utilization of geothermal energy for PLTP is
untuk PLTP dijalankan dari hasil produksi fluida panas conducted from the production result of geothermal
bumi dari sumber daya panas bumi (reservoir), yang fluid from geothermal resources (reservoirs), which then
kemudian uap panasnya dialirkan ke turbin untuk the hot steam is channeled to the turbine to drive the
menggerakkan generator melalui beberapa tahapan: generator through several stages:
1. Pengeboran sumur dilakukan di kawasan dan/ 1. Well drilling is conducted in regions and/or areas
atau area yang memiliki reservoir dengan that have reservoirs with a depth of 700 - 3,000
kedalaman 700 - 3.000 meter. meters.
2. Pada lapangan panas bumi dominasi uap, fluida 2. In geothermal fields dominated by steam, the fluid
yang mengalir dari sumur hanya berupa uap. flowing from the well is only steam.
3. Pada lapangan panas bumi dominasi air, fluida 3. In geothermal fields dominated by water, the fluid
yang mengalir dari sumur berupa uap dan air flowing from the well is steam and hot water
panas (brine). (brine).
4. Fluida panas bumi dialirkan menggunakan pipa 4. Geothermal fluid is channeled using pipes to the
menuju separator untuk dipisahkan fasa-nya separator to separate its phase into steam and
menjadi uap dan brine. brine.
5. Brine yang telah dipisahkan diinjeksi kembali ke 5. The separated brine is re-injected into the reservoir
reservoir melalui sumur injeksi. through the injection well.
6. Uap tersebut dialirkan menuju turbin untuk memutar 6. The steam is channeled to the turbine to rotate the
generator. generator.
7. Listrik yang dihasilkan oleh generator dialirkan 7. The electricity generated by the generator is
menuju transformer untuk disesuaikan tegangannya, channeled to the transformer to adjust the voltage,
kemudian dialirkan menuju jaringan listrik PLN. then channeled to the PLN electricity network.
8. Melalui jaringan listrik tersebut, listrik kemudian 8. Through the electricity network, electricity is then
didistribusikan ke konsumen di sekitar pembangkit distributed to consumers around the power plant.
listrik.
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Managementdiscussion And Analysis
Skema Pemanfaatan Panas Bumi Secara Tidak Langsung
Indirect Geothermal Utilization Scheme
11
10
1. LP Separator
8 2. Production Wheels
6 9 3. HP Separator
2 7
3 4. HP Turbine & Generator
4 5 5. Condencor
6. Non-Condensator Co³
7. Exhouseter
1 8. Hot Sirk
9. Cooling Tower
10. Transformer
11. Poer Transmission Lines
PT Pertamina Geothermal Energy Tbk (PGE)
Schematic Diagram of Direct Use of Geothermal Energy
Production Wells
Cold Water
Low Pressure
Separator
Penukar Panas
Cold Air Heat Exchanger
Hot Water 60ºC to Boiling
Blower Springs
Fishery Ponds
Steam to Tubine Heat Exchanger Cold Water to Creek
Cold Air
Cold Water
Warm - Hot Water Warm - Hot Water
Warm Water
Warm Water to Reinjection Wells
Green House Drying Plants
Farming
Fishery Ponds
Swimming/ Bathing Pools
192 elevate Laporan Tahunan 2023 Annual Report
2024 Annual Report PT Pertamina Geothermal Energy Tbk 217
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03 ANALISA DAN PEMBAHASAN MANAJEMEN
MANAGEMENT DISCUSSION AND ANALYSIS
Proses Bisnis Pemanfaatan Panas Indirect Geothermal Utilization
Bumi Secara Tidak Langsung Business Process
Pengelolaan panas bumi melalui pemanfaatan tidak Geothermal management, through the indirect
langsung dengan mengoperasikan PLTP dijalankan utilization of operating Geothermal Power Plants
dalam proses bisnis berkesinambungan yang meliputi (PLTP), follows a continuous process that consists of
tiga tahapan yaitu, eksplorasi, eksploitasi, dan operasi. three key stages: exploration, development, and
operation.
Upstream Downstream
Notice of Resource Peletakan
Confirmation Notice of Intend to
Develop (NOID) batu pertama
(NORC) Ground Breaking
Concession Bidding
Proses Lelang
Process Power Purchase Agreement Negotiation
Auction Process
COD
Engineering Procurement,
Survey 3G Eksplorasi Pengembangan Front End Engineering PRODUKSI
Development Construction &
3G Survey Exsploration Design (FEED) Production
Commissioning
(EPCC)
1-2 tahun 2-3 tahun 4-6 tahun > 30 tahun
| years | years | years | years
Skema Pemanfaatan Panas Bumi Direct Geothermal Utilization
Secara Langsung Scheme
Pemanfaatan langsung meliputi kegiatan pengusahaan Direct utilization refers to the use of geothermal energy
pemanfaatan panas bumi secara langsung tanpa for non-electrical purposes, without converting heat or
melakukan pengubahan dari energi panas dan/atau fluids into other forms of energy. This can be achieved
fluida menjadi jenis energi lain untuk keperluan non in two primary ways by harnessing the energy that
listrik. Terdapat dua cara untuk memanfaatkan panas naturally occurs on the Earth's surface:
bumi secara langsung dengan menggunakan energi
yang tampak di permukaan bumi sebagaimana berikut:
1. Fluida panas bumi dialirkan melalui pipa ke 1. Geothermal fluid is directed to a low-pressure
separator bertekanan rendah. Melalui tahap ini, separator, where hot steam and brine are
uap panas dan brine akan terpisah. Uap panas separated. The steam is then routed to the turbine,
dialirkan ke turbin, sedangkan air panas dari while the hot water from the separator is sent to a
heat exchanger to warm the working fluid (water).
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separator dialirkan menuju heat exchanger untuk This process raises the temperature of the working
memanaskan fluida kerja (air) sehingga temperatur fluid, which can subsequently be used for direct
fluida kerja berubah menjadi hangat. Air hangat applications such as in fisheries, ponds, or hot
tersebut kemudian dapat dialirkan dan langsung springs. The cooled water from this process is
digunakan untuk perikanan, kolam atau pemandian safely returned to rivers or underground sources,
air panas. Air dingin yang dihasilkan dalam proses maintaining environmental balance.
ini akan mengalir kembali ke sungai atau bawah
tanah untuk menjaga keseimbangan.
2. Geothermal fluid from hot spring sources is directed
2. Fluida panas bumi dari sumber mata air panas to a heat exchanger, where it transfers heat to a
dialirkan ke heat exchanger untuk memanaskan working fluid (air), which is then warmed to the
fluida kerja (udara) dan diatur suhunya hingga desired temperature. The resulting warm air is
menjadi hangat. Udara hangat tersebut dialirkan utilized for greenhouse heating and for drying
untuk menghangatkan rumah kaca dan agricultural and plantation products. The cooled
mengeringkan hasil pertanian dan perkebunan. brine generated from this process is returned to
Brine dingin yang dihasilkan dari proses ini akan natural sources—either into rivers or re-injected into
dialirkan kembali ke sungai atau ke tanah untuk the ground—to help preserve environmental
menjaga keseimbangan. balance.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 219
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Managementdiscussion And Analysis
03 ANALISA DAN PEMBAHASAN MANAJEMEN
MANAGEMENT DISCUSSION AND ANALYSIS
Skema Pemanfaatan Panas Bumi Secara Langsung
Direct Geothermal Utilization Scheme
9
8
7
6
1. Production Wells Cold Water
5 2 LP Separator
3. Warm Water
4 4. Fishery Ponds
5. Heat Exchanger
6. Swimming/Bathing Pools
7. Heat Exchanger
8. Green House Farming
2 3 9. Daying Plant
1
PT Pertamina Geothermal Energy Tbk (PGE)
Schematic Diagram of Geothermal Energy Ultilization
Steam High Tension
Production Wells
line
HP Turbine
and Generator
Transformer
Flasher Low Pressure
(LP) Separator
Cooling Tower
Production Wells Steam
IP Turbine and
Generator
Condensate
Reinjection Wells
Brines
Gas
Condenser Exhauster
Hot Sink
Brines Injection Wells Condensate
220 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
elevate Laporan Tahunan 2023 Annual Report 195
Page 221
TINJAUAN OPERASIONAL
PER SEGMEN USAHA
OPERATIONAL OVERVIEW PER BUSINESS SEGMENT
Segmen Usaha yang Dijalankan Business Segments Operated
PGE merupakan pelopor dalam kegiatan pemanfaatan PGE stands as a pioneer in the development and utilization
dan pengembangan energi panas bumi di Indonesia. of geothermal energy in Indonesia. The Company
Perseroan dapat diposisikan sebagai Independent operates as an Independent Power Producer (IPP),
Power Producer (IPP) yang melakukan kegiatan usaha engaging in the production and commercialization of
memproduksi dan menjual produk berupa uap panas geothermal steam and electricity. These products are sold
bumi dan listrik. Penjualan produk dilakukan dalam under structured agreements, namely the Geothermal
mekanisme Perjanjian Jual Beli Uap Panas Bumi (PJBU), Steam Sale and Purchase Agreement (PJBU) and the
dan Perjanjian Jual Beli Tenaga Listrik (PJBL). Electricity Sale and Purchase Agreement (PJBL).
Kegiatan usaha utama Perseroan adalah pengusahaan The Company’s core business activities focus on the
panas bumi untuk pemanfaatan tidak langsung yang indirect utilization of geothermal resources, which
meliputi: primarily include:
• Pengusahaan tenaga panas bumi • Geothermal power generation
• Pengusahaan tenaga listrik • Electricity production and distribution
Sementara produk dan jasa lain yang dihasilkan dari In addition to its core operations, the Company also
kegiatan usaha adalah: generates various products and services through its
business activities, including:
• Uap (skema Upstream Project) • Geothermal steam (under the Upstream Project
scheme)
• Listrik (skema Total Project) • Electricity (under the Total Project scheme)
• Karbon kredit • Carbon credits
• Produk turunan geotermal • Geothermal derivative products
Penjelasan lebih lanjut mengenai kegiatan usaha For more detailed information on the Company's core
utama Perseroan dan produk dan jasa yang dihasilkan business activities, as well as the products and services
dari kegiatan usaha dapat dilihat pada Bab Profil derived from these operations, please refer to the
Perusahaan. Company Profile Chapter.
Sesuai Laporan Keuangan Perseroan tahun 2024, PGE As outlined in the Company’s 2024 Financial Statement,
membagi segmen usaha menjadi dua yaitu: PGE classifies its business activities into two segments:
a. Operasi sendiri a. Own Operations
b. Kontrak Operasi Bersama (KOB) dengan PLN b. Joint Operation Contracts (JOC) with PLN
Segmen penjualan KOB ke PLN memiliki aset yang In the JOC sales segment to PLN, assets are
dapat dialokasikan berupa piutang usaha. represented by accounts receivable, while
Sedangkan untuk liabilitas yang dapat corresponding liabilities are reflected as accounts
diatribusikan berupa utang usaha. Aset lainnya payable. Other assets and liabilities, such as cash
dan liabilitas lainnya seperti kas dan pinjaman and loans, are managed centrally at the head
dikelola secara terpusat melalui kantor pusat. office.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 221
Page 222
03 ANALISA DAN PEMBAHASAN MANAJEMEN
MANAGEMENT DISCUSSION AND ANALYSIS
Produksi Uap Setara Listrik Electricity Equivalent Steam
Production
Secara keseluruhan, produksi uap setara listrik In total, the Company’s electricity equivalent steam
Perseroan selama tahun 2024 mencapai 4.827,22 production in 2024 amounted to 4,827.22 GWh,
GWh, atau 104,7% dari target RKAP 2024 yang achieving 104.7% of the 2024 RKAP target of
sebesar 4.611,82 GWh. Produksi yang dihasilkan naik 4,611.82 GWh. This production represented an
sebesar 92,65 GWh atau 2,0 % dibandingkan tahun increase of 92.65 GWh, or 2.0%, compared to the
sebelumnya yang sebesar 4.734,5 7 GWh. previous year’s total of 4,734.57 GWh.
2024 2023 2022
Area
GWh GWh GWh
Kamojang
Unit I (Uap | Steam) 229,08 227,82 232,09
Unit II (Uap | Steam) 417,81 365,47 375,63
Unit III (Uap | Steam) 419,73 385,67 344,35
Unit IV (Listrik | Electricity) 446,28 452,81 455,85
Unit V (Listrik | Electricity) 271,54 261,88 271,47
Total Kamojang 1.784,44 1.693,65 1.679,39
Lahendong
Unit I (Uap | Steam) 132,09 119,99 112,32
Unit II (Uap | Steam) 146,03 134,21 160,37
Unit III (Uap | Steam) 116,79 125,54 147,54
Unit IV (Uap | Steam) 155,03 164,95 132,39
Unit V (Listrik | Electricity) 160,63 162,94 156,68
Unit VI (Listrik | Electricity) 161,77 161,23 154,93
Total Lahendong 872,34 868,86 864,22
Ulubelu
Unit I (Uap | Steam) 409,00 363,58 399,69
Unit II (Uap | Steam) 357,99 404,78 394,87
Unit III (Listrik | Electricity) 410,92 428,38 374,56
Unit IV (Listrik | Electricity) 415,78 409,34 384,08
Total Ulubelu 1.593,69 1.606,08 1.553,20
Karaha
Unit I (Listrik | Electricity) 94,67 96,68 84,25
Total Karaha 94,67 96,68 84,25
Lumut Balai
Unit I (Listrik | Electricity) 482,06 479,31 448,53
Total Lumut Balai 482,06 479,31 448,53
Sibayak
Unit I (Uap | Steam) - 0 0
Unit II (Uap | Steam) - 0 0
Monoblok - 0 0
Total Sibayak - 0 0
Grand Total 4.827,22 4.734,57 4.629,60
222 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Area Kamojang Realisasi uap produksi setara listrik di Area Kamojang pada tahun 2024 mencapai 1.784,45 GWh, atau 109,83%
Kamojang Area dari target RKAP sebesar 1.624,72 GWh. Total produksi naik 90,81GWh, atau 5,36% dari tahun 2023 sebesar
1.693,64 GWh. Pencapaian ini terjadi karena upaya peningkatan produksi pada Unit 1,2,3 melalui Implementasi
Program Optimasi Pembangkitan, dan upaya percepatan pelaksanaan Turn Around Unit 4.
The realization of steam production equivalent to electricity in the Kamojang Area in 2024 reached 1,784.45
GWh, or 109.83% of the RKAP target of 1,624.72 GWh. Total production increased by 90.81 GWh, or 5.36%
from 1,693.64 GWh in 2023. This achievement is due to efforts to increase production in Units 1,2,3 through the
Implementation of Steam Price Discounts, and efforts to expedite the implementation of Turn Around Unit 4.
Area Lahendong Realisasi uap produksi setara listrik di Area Lahendong pada tahun 2024 mencapai 872,35 GWh, atau 103,30%
Lahendong Area dari target RKAP sebesar 844,45 GWh. Total produksi naik 3,49 GWh, atau 0,40% dari tahun 2023 sebesar
868,86 GWh. Faktor pendorong kenaikan adalah upaya percepatan pelaksanaan Minor Inspection Unit 5&6,
dan percepatan pelaksanaan Major Overhaul Unit 3&4 milik PLN IP.
The realization of steam production equivalent to electricity in the Lahendong Area in 2024 reached 872.35 GWh,
or 103.30% of the RKAP target of 844.45 GWh. Total production increased by 3.49 GWh, or 0.40% from 868.86
GWh in 2023. The driving factor for the increase was the acceleration of the implementation of Minor Inspection
Unit 5 & 6, and the acceleration of the implementation of Major Overhaul Unit 3 & 4 owned by PLN IP.
Area Ulubelu Realisasi uap produksi setara listrik di Area Ulubelu pada tahun 2024 mencapai 1.593,70 GWh, atau 98,39%
Ulubelu Area dari target RKAP sebesar 1.619,81 GWh. Total produksi turun 12,38 GWh, atau 0,77% dari tahun 2023 sebesar
1.606,08 GWh. Pencapaian ini disebabkan oleh adanya fluktuasi tekanan kepala sumur-sumur produksi di Area
Ulubelu.
The realization of steam production equivalent to electricity in the Ulubelu Area in 2024 reached 1,593.70 GWh,
or 98.39% of the RKAP target of 1,619.81 GWh. Total production decreased by 12.38 GWh, or 0.77% from
1,606.08 GWh in 2023. This achievement is due to fluctuations in the head pressure of production wells in the
Ulubelu Area.
Area Karaha Realisasi uap produksi setara listrik di Area Karaha pada tahun 2024 mencapai 94,67 GWh, atau 95,97% dari
Karaha Area target RKAP sebesar 98,64 GWh. Total produksi turun 2,02 GWh, atau 2,09% dari tahun 2023 sebesar 96,68
GWh. Penurunan produksi terjadi karena adanya pelaksanaan Turn Around pada tahun 2024 selama 30 hari.
The realization of steam production equivalent to electricity in the Karaha Area in 2024 reached 94.67 GWh, or
95.97% of the RKAP target of 98.64 GWh. Total production decreased by 2.02 GWh, or 2.09% from 96.68 GWh
in 2023. The decrease in production occurred due to the implementation of Turn Around in 2024 for 30 days.
Area Lumut Balai Realisasi uap produksi setara listrik di Area Lumut Balai pada tahun 2024 mencapai 482,06 GWh, atau 113,64%
Lumut Balai Area dari target RKAP sebesar 424,21 GWh. Total produksi naik 12,75 GWh, atau 2,72% dari tahun 2023 sebesar
469,31 GWh. Faktor pendorong kenaikan adalah tingkat kesiapan pembangkit yang tinggi, upaya penyeparan
produksi oleh PLN yang maksimal dan penundaan Minor Inspection ke tahun 2025 untuk meminimalisasi loss
production saat interkoneksi EPCC Unit 2.
The realization of steam production equivalent to electricity in the Kamojang Area in 2024 reached 1,784.45
GWh, or 109.83% of the RKAP target of 1,624.72 GWh. Total production increased by 90.81 GWh, or 5.36%
from 1,693.64 GWh in 2023. This achievement is due to efforts to increase production in Units 1,2,3 through the
Implementation of Generation Optimization Program, and efforts to expedite the implementation of Turn Around
Unit 4.
Area Sibayak PLTP Unit I dan II milik PT Dizamatra Powerindo tidak beroperasi karena kondisi peralatan utama yang kurang
Sibayak Area mendukung dan tidak layak dioperasikan. Hal tersebut membuat perbaikan PLTP dihentikan melalui surat PT
Dizamatra Powerindo No.059/DP-SBY/III/2016. Berdasarkan kondisi tersebut, PT Pertamina (Persero) pada 30
Oktober 2017 telah mengirimkan Permohonan Pendapat Hukum kepada Kejaksaan Agung Republik Indonesia
melalui Surat No. 690/ M00000/2017-S0, terkait Permasalahan Pelaksanaan Steam Sales Contract (SSC) atau
Perjanjian Jual Beli Uap dengan PT Dizamatra Powerindo. Permohonan ini disampaikan karena sampai saat ini
Perseroan tidak dapat memanfaatkan uap yang dihasilkan oleh Area Sibayak, karena sesuai SSC uap tersebut
hanya bisa dijual kepada PT Dizamatra Powerindo.
Geothermal Power Plant Units I and II owned by PT Dizamatra Powerindo are not operating due to the condition of
the main equipment which is not supportive and not suitable for operation. This caused the repair of the geothermal
power plant to be stopped through a letter from PT Dizamatra Powerindo No.059/DP-SBY/III/2016. Based on these
conditions, on 30 October 2017, PT Pertamina (Persero) sent a Request for Legal Opinion to the Attorney General's
Office of the Republic of Indonesia through Letter No. 690/M00000/2017-S0, regarding the Problem of Implementing
the Steam Sales Contract (SSC) or Steam Sales and Purchase Agreement with PT Dizamatra Powerindo. This request
was submitted because until now the Company has not been able to utilize the steam produced by the Sibayak Area,
because according to the SSC the steam can only be sold to PT Dizamatra Powerindo.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 223
Page 224
03 ANALISA DAN PEMBAHASAN MANAJEMEN
MANAGEMENT DISCUSSION AND ANALYSIS
Pendapatan dan Profitabilitas Revenue and Profitability
Per Segmen By Segment
Perseroan memperoleh pendapatan usaha melalui: The Company derives its operating revenue from:
1. Operasi sendiri, yang terdiri dari penjualan tenaga 1. Own operations, which include the sale of
listrik dan uap yang dihasilkan di PLTP dan sumur electricity and steam generated at PLTP facilities
uap kepada PLN dan IPP lainnya berdasarkan and steam wells to PLN and other IPPs, in
berbagai ESC dan PJBU yang telah ditandatangani accordance with various ESCs and PJBUs
Perseroan. established by the Company.
2. Production allowances yang diperoleh dari para 2. Production allowances received from JOC
Kontraktor KOB yang memiliki kontrak dengan Contractors with whom the Company has
Perseroan untuk beroperasi di dalam WKP agreements to operate within its WKP. Typically,
Perseroan. Jumlah production allowance biasanya the production allowance amounts to 4% of the
sebesar 4% dari pendapatan operasional bersih net operating revenue of the JOC Contractor.
Kontraktor KOB. Namun khusus untuk operasi However, for operations conducted by Star Energy
yang dilakukan oleh Star Energy Darajat, nilainya Darajat, the allowance is reduced to 2.66% of net
hanya sebesar 2,66% dari pendapatan operating revenue.
operasional bersih.
Pendapatan Usaha dari segmen produksi uap dan Operating Revenue from the steam and electricity
listrik selama tahun 2024 tercatat USD390.531 ribu, production segment during 2024 was recorded at
naik 1,0% dari tahun 2023 yang mencapai USD390,531 thousand, up 1.0% from 2023 which
USD386.493 ribu. Kenaikan Pendapatan Usaha reached USD386,493 thousand. The increase in
ditopang oleh kenaikan volume produksi uap dan listrik Operating Revenue was driven by the increase in the
sebagai dampak dari akselerasi program pemeliharaan steam and electricity production volumes as a result of
dan keandalan pembangkit. the acceleration of the power plant maintenance and
reliability program.
Pendapatan Usaha PGE per Segmen (dalam USD ribu)
PGE Operating Revenue by Segment (in USD thousand)
Pertumbuhan/
Uraian (Penurunan)
2024 2023 %
Description Growth (Decrease)
USD
Operasi Sendiri:
Own Operation
PT PLN Indonesia Power*
Kamojang 69.865 67.236 2.629 3,9
Lahendong 37.503 3.488 34.015 975,2
Ulubelu 42.647 2.542 40.105 1.577,7
PLN
Ulubelu 71.516 111.784 (40.268) (36,0)
Lahendong 42.294 76.308 (34.014) (44,6)
Kamojang 77.900 76.893 1.007 1,3
Lumut Balai 40.122 39.311 811 2,1
Karaha 8.684 8.931 (247) (2,8)
Jumlah Penjualan Operasi Sendiri
390.531 386.493 4.038 1,0
Total Sales of Own Operations
Production Allowance 16.589 19.795 (3.206) (16,2)
Jumlah Pendapatan Usaha
407.120 406.288 832 0,2
Total Operating Revenue
224 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 225
Laba Bersih PGE per Segmen (dalam USD ribu)
PGE Net Profit by Segment (in USD thousand)
Uraian
2024 2023 2022
Description
Operasi Sendiri:
Own Operation
PT Indonesia Power
Ulubelu 41.479 48.702 33.155
Lahendong 33.619 34.481 30.447
Kamojang 89.317 86.496 70.578
Lumut Balai 5.909 5.049 3.238
Karaha (9.769) (8.719) (9.744)
Segmen Lain (253) (2.439) (355)
Jumlah Laba Bersih
Total Operating Revenue 160.302 163.570 127.319
* Terhitung mulai 1 Januari 2024, terdapat pengalihan penerimaan tagihan dan pembayaran penjualan uap area Ulubelu dan Lahendong
dari PT PLN (Persero) ke anak usahanya yaitu PT PLN Indonesia Power.
* Effective from 1 January 2024, there is a transfer of receipt of bills and payments for steam sales in the Ulubelu and Lahendong areas from PT
PLN (Persero) to its subsidiary PT PLN Indonesia Power.
KEGIATAN EKSPLORASI DAN
PENGEMBANGAN
EXPLORATION AND DEVELOPMENT ACTIVITY
Sesuai strategi bisnis dalam Rencana Kerja dan Consistent with the business strategy set forth in the
Anggaran Perusahaan (RKAP) dan Rencana Jangka Company's Work Plan and Budget (RKAP) and Long-
Panjang Perusahaan (RJPP), Perseroan terus melakukan Term Plan (RJPP), the Company is dedicated to
kegiatan eksplorasi dan pengembangan di seluruh progressing exploration and development activities
WKP agar dapat menjamin ketersediaan uap panas across all WKPs, ensuring a steady supply of
bumi untuk memenuhi kontrak jual beli dan usaha yang geothermal steam to meet sales and purchase
berkelanjutan. agreements and support long-term business
sustainability.
Kegiatan eksplorasi Exploration activities
Kegiatan eksplorasi terdiri dari studi geoscience Exploration activities encompass a range of geoscience
(geologi, geokimia, geofisika, dan geomatika), yang studies, including geology, geochemistry, geophysics,
dimulai dari survei, pengolahan, pemodelan, analisis, and geomatics. These activities begin with surveys and
evaluasi, interpretasi data geoscience, dan pengeboran extend through data processing, modeling, analysis,
eksplorasi hingga suatu proyek siap menghasilkan evaluation, and interpretation, culminating in
listrik. exploration drilling until a project is prepared for
electricity generation.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 225
Page 226
03 ANALISA DAN PEMBAHASAN MANAJEMEN
MANAGEMENT DISCUSSION AND ANALYSIS
Eksplorasi Panas Bumi
Geothermal Exploration
Lapangan Panas Bumi Uraian Kegiatan Lokasi
Geothermal Field Activity Description Location
Penyusunan Resource Confirmation (NORC)
Bukit Daun Preparation of Notice of Resource Hululais - Bengkulu
Confirmation (NORC)
Persiapan infrastruktur eksplorasi
Seulawah Seulawah Agam - Aceh
Preparation of exploration infrastructure
Persiapan Feasibility Study eksplorasi Kotamobagu – Sulawesi Utara
Kotamobagu
Preparation of exploration Feasibility Study Kotamobagu – North Sulawesi
Perizinan dan persiapan infrastruktur
eksplorasi
Ulubelu Ext. (Gunung Tiga) Way Panas - Lampung
Licensing and preparation of exploration
infrastructure
Persiapan Feasibility Study eksplorasi Muara Enim - Sumatera Selatan
Tanjung Tiga
Preparation of exploration Feasibility Study Muara Enim - South Sumatra
Penyusunan Resource Confirmation (NORC)
Minahasa – Sulawesi Utara
Lahendong 7 & 8 + Binary Unit 2 Preparation of Notice of Resource
Minahasa, North Sulawesi
Confirmation (NORC)
Pada periode pelaporan, sebagai tindak lanjut dari During the reporting period, following the appointment
penetapan pemenang lelang atas WKP Way Ratai of the auction winner for the Way Ratai WKP as
sesuai Keputusan Menteri Energi dan Sumber Daya stipulated in the Decree of the Minister of Energy and
Mineral Republik Indonesia Nomor 118.K/EK.01/ Mineral Resources of the Republic of Indonesia No.
MEM.E/2023, Perseroan bersama PT Jasa Daya 118.K/EK.01/MEM.E/2023, the Company—through
Chevron melalui Entitas Baru bernama PT Cahaya its collaboration with PT Jasa Daya Chevron and the
Anagata Energy, telah memperoleh Izin Panas Bumi establishment of a new joint venture entity, PT Cahaya
(IPB) dari Kementerian Energi dan Sumber Daya Anagata Energy—secured a Geothermal Permit (IPB)
Mineral pada 23 September 2024, dan kini tengah from the Ministry of Energy and Mineral Resources on
dalam proses survei eksplorasi. Beberapa hal yang 23 September 2024. The project is currently in the
menjadi fokus saat ini adalah penyelesaian survei exploration survey stage, with a primary focus on
Geologi, Geofisika, Geokimia dan Geoteknik (4G's completing the Geological, Geophysical,
Survey). Geochemical, and Geotechnical (4G) surveys.
Realisasi Realisasi
Aktivitas Target Target
Realization Realization
Activity 2024 2023
2024 2023
Pemboran Eksplorasi
2 Sumur | Wells 0 Sumur | Wells 2 Sumur | Wells 2 Sumur | Wells
Exploration Drilling
Tidak adanya realisasi pemboran eksplorasi di tahun The lack of exploration drilling activity in 2024 was
2024 disebabkan oleh percepatan waktu pengerjaan primarily due to the earlier-than-expected completion
pemboran sumur ekplorasi TPS-P2/1 proyek Lahendong of the TPS-P2/1 exploration well for the Lahendong
Unit 7&8 yang semula ditargetkan tahun 2024, namun Unit 7 & 8 project, which had originally been scheduled
dapat diselesaikan pada tahun 2023. Sedangkan for 2024 but was successfully finalized in 2023.
untuk pemboran sumur eksplorasi GTG- SH/1 di proyek Additionally, the planned drilling of the GTG-SH/1
Gunung Tiga tidak dapat terealisasi dikarenakan Final well in the Gunung Tiga project could not proceed, as
Investment Decision eksplorasi atas proyek tersebut the Final Investment Decision (FID) for the project’s
baru diperoleh pada akhir triwulan tiga tahun 2024. exploration phase was only secured toward the end of
the third quarter of 2024.
Kegiatan Pengembangan Development Activities
Perseroan melakukan berbagai kegiatan pengembangan The Company is actively pursuing a range of development
untuk mempercepat pembangunan PLTP di Indonesia initiatives to accelerate the construction of geothermal
guna mencapai target kapasitas terpasang sebesar power plants (PLTP) across Indonesia, in line with its
1GW pada tahun 2028. strategic goal of reaching a total installed capacity of
1GW by 2028.
226 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Proyek Pengembangan Panas Bumi untuk Pengelolaan Sendiri
Geothermal Development Project for Own Operations
Wilayah Kapasitas
Status Pengembangan Lokasi
Pengembangan Unit Capacity
Development Status Location
Development Area (MW)
Lumut Balai Pelaksanaan EPCC Lumut Balai
Unit 2 Lumut Balai dan
Unit 2 55 Margabayur
Implementation of EPCC Lumut Balai - Sumatera Selatan
Unit 2
Lumut Balai and
Margabayur
Feasibilty study Pengembangan - South Sumatra
Unit 3 55
Feasibility study Development
Lahendong Minahasa - Sulawesi
Unit 7 & 8 + Binary Feasibilty study Pengembangan Utara
40 + 10
Unit 2 Feasibility study Development Minahasa - North
Sulawesi
Hululais Proses pekerjaan rekayasa dan
Unit 1 55 desain fasilitas
produksi uap/ FEED SAGS
Hululais - Bengkulu
Engineering work process and design
Unit 2 55 of steam production facilities/ FEED
SAGS
Sebagai bagian dari strategi pengembangan, As part of its development strategy, the Company has
Perseroan juga telah berhasil mengidentifikasi potensi identified opportunities to enhance installed capacity
penambahan kapasitas terpasang hingga 230MW by up to 230 MW through the application of binary
melalui pemanfaatan teknologi binary/ biner di technology across its geothermal working areas,
wilayah kerjanya. optimizing the use of existing geothermal resources for
increased efficiency and output.
Area prioritas pengembangan akan dilakukan di area Priority development will focus on the Ulubelu area with a
Ulubelu melalui Binary Unit (BU) sebesar 30 MW dan 30 MW Binary Unit (BU) and the Lahendong area with a
area Lahendong dengan BU 1 sebesar 15 MW. 15 MW BU 1. The signing of the Joint Development
Penandatanganan Joint Development Agreement (JDA) Agreement (JDA) and Consortium Agreement between
dan Consortium Agreement PGE dengan PT PLN PGE and PT PLN Indonesia Power underscores PGE’s strong
Indonesia Power menjadi bukti komitmen PGE sebagai commitment to accelerating project commercialization and
upaya mempercepat komersialitas bisnis. advancing geothermal development.
Untuk menjaga ketersediaan uap area operasi dan To ensure steam availability and maintain stable steam
memastikan volume penyaluran uap dan listrik, and electricity distribution in its operating areas, the
Perseroan melakukan pemboran sumur make up dan Company is carrying out make-up well drilling and Well
kegiatan Kerja Ulang Reparasi Sumur (KURS), yang Repair Workover (KURS) activities—including workover,
termasuk workover, hole cleaning dan acidizing, hole cleaning, and acidizing. Of the six wells targeted
sebanyak empat dari enam sumur yang ditargetkan di for 2024, four are scheduled for execution. Meanwhile,
sepanjang tahun 2024. Adapun pelaksanaan KURS KURS activities for two wells in the Sibayak Area will
dua sumur di Area Sibayak akan terealisasi setelah proceed following the completion of a study on the
diperolehnya hasil studi pemanfaatan teknologi PLTP application of modular Organic Rankine Cycle (ORC)
ORC (Organic Rankine Cycle) modular. geothermal power plant technology.
Realisasi Realisasi
Aktivitas Target Target
Realization Realization
Activity 2024 2023
2024 2023
Pemboran Development & Make Up
6 Sumur | Wells 6 Sumur | Wells 9 Sumur | Wells 7 Sumur* | Wells
Development & Make Up Drilling
Kerja Ulang Reparasi Sumur (KURS)
6 Sumur | Wells 4 Sumur | Wells 4 Sumur | Wells 2 Sumur | Wells
Well Repair Rework (KURS)
*Dua pengembangan sumur sudah terealisasi pada tahun 2024
Two well developments have been realized in 2024
2024 Annual Report PT Pertamina Geothermal Energy Tbk 227
Page 228
03 ANALISA DAN PEMBAHASAN MANAJEMEN
MANAGEMENT DISCUSSION AND ANALYSIS
GEOTHERMAL INTEGRATED MANAGEMENT
SYSTEM (GIMS)
GEOTHERMAL INTEGRATED MANAGEMENT SYSTEM (GIMS)
Dalam mengembangkan dan mengusahakan bisnis In its efforts to develop and operate its geothermal
panas bumi, PGE menerapkan sistem manajemen business effectively, PGE adopts the Geothermal
Geothermal Integrated Management System (GIMS) Integrated Management System (GIMS), as outlined in
yang ditetapkan melalui Surat Keputusan PGE A-001/ PGE Decree A-001/PGE000/2021-S9 Revision 1
PGE000/2021-S9 Revisi 1 Tanggal 7 Juni 2024 dated 7 June 2024.
tentang pengelolaan Sistem Manajemen.
GIMS yang merupakan kerangka kerja sistem GIMS serves as a comprehensive and integrated
manajemen terpadu terintegrasi, terdiri dari berbagai management framework, incorporating multiple
ISO sebagai berikut: international standards (ISOs), including the following:
1. Sistem Manajemen Mutu ISO 9001:2015 1. Quality Management System ISO 9001:2015
2. Sistem Manajemen Keselamatan dan Kesehatan 2. Occupational Health and Safety Management
Kerja ISO 45001:2018 System ISO 45001:2018
3. Sistem Manajemen Lingkungan ISO 14001:2015 3. Environmental Management System ISO
4. Risk Management ISO 31000:2018 14001:2015
5. Sistem Manajemen Anti Penyuapan ISO 4. Risk Management ISO 31000:2018
37001:2016 5. Anti-Bribery Management System ISO 37001:2016
6. Sistem Manajemen Keamanan Informasi ISO 6. Information Security Management System ISO
27001:2022 27001:2022
7. Sistem Manajemen Layanan Teknologi Informasi 7. Information Technology Service Management
ISO/IEC 20000-1:2018 System ISO/IEC 20000-1:2018
8. Sistem Manajemen Aset ISO 55001:2014 8. Asset Management System ISO 55001:2014
GIMS juga telah terhubung dengan sistem manajemen GIMS has also been connected to other management
lain yaitu: systems, namely:
1. Sistem Manajemen Laboratorium ISO/IEC 1. Laboratory Management System ISO/IEC
17025:2017 17025:2017
2. Sistem Manajemen Pengamanan (SMP) 2. Security Management System (SMP)
3. Sustainability Pertamina Expectation For 3. Sustainability Pertamina Expectation
Management Excellence (SUPREME) For Management Excellence (SUPREME)
Beberapa manfaat utama pengembangan GIMS Some of the main benefits of developing GIMS is:
adalah:
1. Efisiensi Operasional 1. Operational Efficiency
Mengurangi duplikasi proses dan meningkatkan Reducing process duplication and increasing the
efektivitas sistem manajemen. effectiveness of the management system.
2. Pengurangan Biaya 2. Cost Reduction
Menghemat sumber daya dengan Saving resources by integrating audits,
mengintegrasikan audit, dokumentasi, dan documentation, and training.
pelatihan.
3. Kepatuhan yang Lebih Baik 3. Better Compliance
Memastikan organisasi mematuhi berbagai Ensuring the organization complies with various
standar internasional,dan pemenuhan aspek international standards, and fulfillment of GCG
GCG aspects
4. Peningkatan Kinerja 4. Performance Improvement
Memudahkan pengukuran dan peningkatan Facilitating measurement and continuous
berkelanjutan di berbagai aspek operasional. improvement in various operational aspects.
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5. Fleksibilitas dan Skalabilitas 5. Flexibility and Scalability
Memungkinkan organisasi untuk menyesuaikan Enabling organizations to adjust the management
sistem manajemen dengan pertumbuhan dan system to business growth and change.
perubahan bisnis.
Karena manfaatnya yang besar, Perseroan tidak Recognizing the significant benefits of GIMS, the
menutup kemungkinan pengembangan GIMS dengan Company remains open to further enhancements by
mengintegrasikan sistem manajemen lain, seperti ISO integrating additional management systems, such as
50001 Sistem Manajemen Energi, ISO 42001 Artificial ISO 50001 for Energy Management, ISO 42001 for
Intelligence System, dan lain-lain. Artificial Intelligence Management, and others.
Untuk itu, Perseroan telah menerapkan peta jalan To support this vision, the Company has established a
(roadmap) pengembangan GIMS pada tahun GIMS development roadmap for the 2024–2029
2024- 2029 sebagai berikut: period, outlined as follows:
Tahun Implementasi Sertifikasi Akreditasi
Gap Assessment
Year Implementation Certification Accreditation
• ISO 20000-1: 2018 • ISO 55001:2024 ● ISO 9001: 2015 (Quality Management System) ISO 17025:2017
(IT Service (Asset ● ISO 14001 : 2015 (Environmental Management System) (Sistem Manajemen
Management Management Mutu Laboratorium)
● ISO 45001:2018 (Occupational Health & Safety Management System)
System) System ) (Laboratory Quality
2024 • ISO 20000-1: ● ISO 37001: 2016 (Anti Bribery Management System) Management System)
2018 ● ISO 22301: 2019 (Business Continuity Management System)
(IT Service ● ISO 27001: 2022 (Information Security Management System)
Management
● ISO 20000-1: 2018 (IT Service Management System)
System)
ISO 55001:2024 (Asset ● ISO 55001:2024 ● ISO 9001: 2015 (Quality Management System) ISO 17025:2017
Management System) (Asset Management ● ISO 14001 : 2015 (Environmental Management System) (Sistem Manajemen
System) Mutu Laboratorium)
● ISO 45001:2018 (Occupational Health & Safety Management System)
(Laboratory Quality
2025 ● ISO 37001: 2016 (Anti Bribery Management System) Management System)
● ISO 22301 : 2019 (Business Continuity Management System )
● ISO 27001: 2022 (Information Security Management System)
● ISO 20000-1:2018 (IT Service Management System)
• ISO 50001: ● ISO 55001:2024 ● ISO 9001: 2015 (Quality Management System) ISO 17025:2017
2018 (Energy (Asset Management ● ISO 14001: 2015 (Environmental Management System) (Sistem Manajemen
Management System) Mutu Laboratorium)
● ISO 50001: 2018 ● ISO 45001:2018 (Occupational Health & Safety Management System)
System) (Laboratory Quality
2026 (Energy Management ● ISO 37001: 2016 (Anti Bribery Management System) Management System)
System) ● ISO 22301 : 2019 (Business Continuity Management System)
● ISO 27001: 2022 (Information Security Management System)
● ISO 20000-1:2018 (IT Service Management System)
• ISO 55001 (Asset) ● ISO 9001: 2015 (Quality Management System) ISO 17025:2017
• ISO 50001 (Sistem Manajemen
● ISO 14001: 2015 (Environmental Management System)
(Energy) Mutu Laboratorium)
● ISO 45001:2018 (Occupational Health & Safety Management System) (Laboratory Quality
2027 ● ISO 37001: 2016 (Anti Bribery Management System) Management System)
● ISO 22301 : 2019 (Business Continuity Management System)
● ISO 27001: 2022 (Information Security Management System)
● ISO 20000-1:2018 (IT Service Management System)
• ISO 42001 • ISO 55001 (Asset) ● ISO 9001: 2015 (Quality Management System) ISO 17025:2017
(Artificial • ISO 50001 (Sistem Manajemen
● ISO 14001: 2015 (Environmental Management System)
Intelligence) (Energy Mutu Laboratorium)
• ISO 42001 ● ISO 45001:2018 (Occupational Health & Safety Management System) (Laboratory Quality
2028 (Artificial ● ISO 37001: 2016 (Anti Bribery Management System ) Management System)
Intelligence)
● ISO 22301 : 2019 (Business Continuity Management System)
● ISO 27001: 2022 (Information Security Management System)
● ISO 20000-1:2018 (IT Service Management System)
• ISO 55001 (Asset) ● ISO 9001: 2015 (Quality Management System) ISO 17025:2017
• ISO 50001 (Sistem Manajemen
● ISO 14001: 2015 (Environmental Management System)
(Energy Mutu Laboratorium)
• ISO 42001 ● ISO 45001:2018 (Occupational Health & Safety Management System) (Laboratory Quality
2029 (Artificial ● ISO 37001: 2016 (Anti Bribery Management System) Management System)
Intelligence)
● ISO 22301 : 2019 (Business Continuity Management System)
● ISO 27001: 2022 (Information Security Management System)
● ISO 20000-1:2018 (IT Service Management System)
Standardisasi Baru
1. Integrated Internal Audit, akan dilakukan Audit Sertifikasi jika diperlukan New Standard
2. Akreditasi/ Implementasi ISO 17025:2017 untuk Laboratorium PGE.
1.Integrated Internal Audit, Certification Audit will be conducted if necessary.
2. Accreditation/ Implementation of ISO 17025:2017 for PGE Laboratory.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 229
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03 ANALISA DAN PEMBAHASAN MANAJEMEN
MANAGEMENT DISCUSSION AND ANALYSIS
Sistem Manajemen Keamanan Reliable Information Security
Informasi yang Andal Management System
Pada tahun 2024, PGE telah tersertifikasi ISO 20000-1 In 2024, PGE achieved ISO 20000-1 certification for
tentang Sistem Manajemen Keamanan Informasi its Information Security Management System (ISMS),
(SMKI), sebagai bentuk komitmen Perseroan dalam reflecting the Company's strong commitment to
memberikan layanan manajemen Teknologi Informasi delivering high-quality, reliable Information Technology
(TI) yang berkualitas, dapat diandalkan, dan sesuai (IT) management services in alignment with
dengan standar internasional. internationally recognized standards.
Sertifikasi ini mencerminkan dedikasi Perseroan dalam This certification underscores the Company's
meningkatkan efisiensi operasional, kepuasan commitment to enhancing operational efficiency,
pelanggan, serta kepatuhan terhadap praktik terbaik customer satisfaction, and adherence to industry best
dalam pengelolaan layanan teknologi informasi. practices in information technology service
Implementasi SMKI di Perseroan meliputi Layanan management. The implementation of ISMS within the
Service Desk dan Layanan Pengelolaan Aplikasi, Company encompasses Service Desk Services and
termasuk kegiatan troubleshooting terkait : Application Management Services, which include
troubleshooting and support for:
1. Aplikasi IPGE terkait operasional internal di PGE 1. The IPGE Application, supporting PGE's internal
operational activities; and
2. PGE Audit Sistem (PAS) Pertamina terkait sistem 2. The PGE Audit System (PAS) by Pertamina, related
manajemen di PGE to the Company's management system oversight.
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Roadmap Penerapan SMKI di Tahun 2024
ISMS Implementation Roadmap in 2024
Maret | March
2024 Kick Off
Kick off Meeting
Maret | March
Persiapan Awal
2024 Initial Preparation
Gap Analysis
ISO/IEC 20000-1 Awareness
April Persiapan Dokumen
2024 Document Preparation
Context of Organization
Risk Register
Policy & Objectives Review
Procedures, Working Instructions
Mei | May Persiapan Final
2024 Final Preparation
Finalization
Socialization
Juni - Juli Jaminan Kualitas
June - July Quality Assurance
2024
Internal Audit Training
Internal Audit
Corrective Action
Management Review
Agustus |
August 2024 Certification
Audit Certification
Correction Action (if needed)
2024 Annual Report PT Pertamina Geothermal Energy Tbk 231
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03 ANALISA DAN PEMBAHASAN MANAJEMEN
MANAGEMENT DISCUSSION AND ANALYSIS
PGE telah membuat roadmap SMKI yang mencakup PGE has developed a comprehensive Information
beberapa tahap utama, mulai dari perencanaan awal, Security Management System (ISMS) roadmap
analisis risiko, pengembangan kebijakan keamanan, encompassing critical phases such as initial planning,
implementasi kontrol, hingga pemantauan dan evaluasi risk assessment, formulation of security policies,
berkelanjutan. Dengan pendekatan yang sistematis, implementation of controls, and ongoing monitoring
roadmap ini memastikan bahwa setiap langkah and evaluation. This structured approach is designed to
penerapan SMKI selaras dengan standar internasional align with international standards, including ISO
seperti ISO 27001, guna meningkatkan perlindungan 27001, thereby enhancing data security, ensuring
data, kepatuhan regulasi, dan efektivitas operasional regulatory compliance, and strengthening the
perusahaan. Company’s overall operational efficiency.
Implementasi SMKI sangat penting untuk menjaga Implementing an Information Security Management
integritas, kerahasiaan, dan ketersediaan informasi System (ISMS) is vital to safeguarding the integrity,
dalam suatu organisasi. Manfaat utama implementasi confidentiality, and availability of organizational
SMKI adalah: information. By adopting ISMS, organizations can
achieve several key benefits, including:
1. Perlindungan Data dan Informasi: 1. Data and Information Protection:
Mencegah kebocoran, kehilangan, atau Prevent data leakage, loss, or misuse through
penyalahgunaan data melalui kontrol keamanan rigorous security controls.
yang ketat.
2. Kepatuhan terhadap Regulasi: 2. Regulatory Compliance:
Memastikan perusahaan mematuhi standar Ensure the Company complies with international
internasional dan peraturan hukum terkait standards and legal regulations related to data
perlindungan data. protection.
3. Meningkatkan Kepercayaan Pelanggan: 3. Increase Customer Trust:
Menunjukkan komitmen perusahaan dalam Demonstrate the Company's commitment to
menjaga keamanan informasi, meningkatkan maintaining information security, improving
reputasi bisnis. business reputation.
4. Mengurangi Risiko Keamanan: 4. Reduce Security Risks:
Mencegah serangan siber, malware, dan akses Prevent cyber attacks, malware, and
tidak sah terhadap sistem perusahaan. unauthorized access to company systems.
5. Efisiensi Operasional: 5. Operational Efficiency:
Mengoptimalkan pengelolaan keamanan Optimize information security management with
informasi dengan prosedur yang jelas dan clear and systematic procedures.
sistematis.
6. Tanggap terhadap Insiden: 6. Incident Response:
Memiliki mekanisme yang siap untuk mendeteksi, Have a mechanism in place to detect, respond,
merespons, dan memulihkan gangguan keamanan and recover security breaches quickly.
dengan cepat.
7. Keunggulan Kompetitif 7. Competitive Advantage
Memberikan nilai tambah bagi perusahaan Provide added value to the Company compared
dibandingkan pesaing yang belum menerapkan to competitors who have not implemented
standar keamanan informasi. information security standards.
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Menjaga Keberlangsungan Siklus Maintaining the Sustainability of the
Pemanfaatan Aset Asset Utilization Cycle
PGE juga telah menerapkan ISO 550001 Asset PGE has adopted the ISO 55001 Asset Management
Management System di seluruh unit operasi sebagai System across all operating units, reflecting its strong
bentuk komitmen dalam menjaga keberlangsungan commitment to ensuring the sustainability of asset
siklus pemanfaatan aset. Perseroan memiliki pedoman lifecycle management. To support this initiative, the
Asset Management System melalui surat keputusan Company has issued an Asset Management System
PGE A-001/PGE210/2023-S9 untuk mengoptimalkan guideline under Decree No. A-001/PGE210/2023-S9,
kerja sama antar departemen terkait manajemen aset. aimed at enhancing cross-departmental coordination
and optimizing asset management practices.
Perseroan telah melakukan pemetaan atau Gap In 2023, the Company carried out a Gap Analysis and
Analysis/Maturity Level ISO 55001 pada tahun 2023, ISO 55001 Maturity Level Assessment as an initial step
yang merupakan tahapan pertama dalam perjalanan in its journey toward achieving Asset Management
menuju ISO 55001 Asset Management Excellence, Excellence in accordance with ISO 55001 standards.
dengan maksud dan tujuan sebagai berikut: This assessment was conducted with the following
purposes and objectives:
1. Untuk memperoleh gambaran mengenai tingkat 1. Obtaining an overview of the maturity level of
maturity level pemenuhan sistem manajemen aset fulfillment of the ISO 55001 asset management
ISO 55001. system.
2. Mengidentifikasi kekurangan atau gap dalam 2. Identifying gaps in the asset management system
sistem manajemen aset di PGE. at PGE.
3. Peluang dalam perbaikan berkelanjutan di 3. Unlocking opportunities for continuous improvement
lingkungan pengelolaan aset di PGE. in the asset management environment at PGE.
4. Meningkatkan kinerja pengelolaan aset yang 4. Improving more optimal asset management
lebih optimal sering peningkatan pertumbuhan performance along with increased business
bisnis. growth.
5. Membantu manajemen dalam pengambilan 5. Assisting management in decision making and
keputusan serta meningkatkan kepercayaan increasing stakeholder trust in PGE.
pemangku kepentingan kepada PGE.
TINJAUAN KEUANGAN
FINANCIAL OVERVIEW
Tinjauan kinerja keuangan dalam Laporan Tahunan The financial performance section of the 2024 Annual
PGE 2024 disusun berdasarkan Laporan Keuangan Report is based on the Company’s Consolidated
Perseroan yang berakhir pada tanggal 31 Desember Financial Statements as of 31 December 2024. These
2024. Laporan Keuangan telah diaudit Kantor Akuntan statements were audited by the Public Accounting Firm
Publik Purwantono, Sungkoro & Surja (Ernst & Young) Purwantono, Sungkoro & Surja (Ernst & Young) and
dan ditandatangani oleh Irwan Haswir pada tanggal signed by Irwan Haswir on 24 March 2025. The
24 Maret 2025 dengan opini wajar dalam semua hal auditor issued an unqualified opinion, stating that the
yang material, posisi keuangan konsolidasian PT consolidated financial position of PT Pertamina
Pertamina Geothermal Energy Tbk dan entitas anaknya Geothermal Energy Tbk and its subsidiaries as of 31
tanggal 31 Desember 2024, serta kinerja keuangan December 2024, as well as their consolidated financial
konsolidasian untuk tahun yang berakhir pada tanggal performance for the year then ended, were presented
tersebut, sesuai dengan Standar Akuntansi Keuangan fairly in all material respects in accordance with
di Indonesia. Indonesian Financial Accounting Standards.
Uraian mengenai kinerja keuangan Perseroan dalam The description of the Company's financial performance
Laporan ini disusun berdasarkan Laporan Keuangan, in this Report is prepared based on the Financial
yang disajikan sesuai Pernyataan Standar Akuntansi Statements, which are presented in accordance with
Keuangan (PSAK) yang berlaku umum di Indonesia. the Financial Accounting Standards (PSAK) generally
Laporan Keuangan meliputi dua tahun buku terakhir, accepted in Indonesia. The Financial Statements cover
yakni tahun buku yang berakhir pada 31 Desember the last two financial years, namely the financial year
2024 Annual Report PT Pertamina Geothermal Energy Tbk 233
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03 ANALISA DAN PEMBAHASAN MANAJEMEN
MANAGEMENT DISCUSSION AND ANALYSIS
2024, dan tahun buku yang berakhir pada ended on 31 December 2024, and the financial year
31 Desember 2023 sebagai pembanding. Bahasan ended on 31 December 2023 as a comparison. The
kinerja keuangan disampaikan dengan memperhatikan discussion of financial performance is presented by
penjelasan pada catatan Laporan Keuangan, sebagai paying attention to the explanations in the Financial
bagian tidak terpisahkan dari Laporan Tahunan ini. Report notes, as an integral part of this Annual Report.
Laporan Posisi Keuangan Konsolidasian
Consolidated Statement of Financial Position
Posisi Keuangan (dalam USD ribu)
Financial Position (in USD thousand)
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2024 2023
Description
USD %
Aset
Assets
Aset Lancar
828.555 863.278 (34.723) (4,0)
Current Assets
Aset Tidak Lancar
2.168.847 2.100.863 67.984 3,2
Non-Current Assets
Jumlah Aset
2.997.402 2.964.141 33.261 1,1
Total Assets
Liabilitas
Liabilities
Liabilitas Jangka Pendek
227.296 244.104 (16.808) (6,9)
Short-term Liabilities
Liabilitas Jangka Panjang
761.354 748.781 12.573 1,7
Long-term Liabilities
Jumlah Liabilitas
988.650 992.885 (4.235) (0,4)
Total Liabilities
Ekuitas
Equity
Jumlah Ekuitas
2.008.752 1.971.256 37.496 1,9
Total Equity
Liabilitas dan Ekuitas
2.997.402 2.964.141 33.261 1,1
Liabilities and Equity
Aset Assets
Pada tanggal 31 Desember 2024, Perseroan mencatat As of 31 December 2024, the Company recorded total
jumlah Aset sebesar USD2.997.402 ribu, mengalami Assets of USD2,997,402 thousand, an increase of
kenaikan sebesar USD33.261 ribu atau 1,1% USD33,261 thousand or 1.1% compared to 2023.
dibandingkan tahun 2023. Peningkatan jumlah Aset The increase in the number of Assets was driven by the
didorong oleh kegiatan investasi organik perusahaan Company's stable organic investment activities.
yang stabil.
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Aset (dalam USD ribu)
Asset (in USD thousand)
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2024 2023
Description
USD %
Aset Lancar
828.555 863.278 (34.723) (4,0)
Current Assets
Aset Tidak Lancar
2.168.847 2.100.863 67.984 3,2
Non-Current Assets
Jumlah Aset
2.997.402 2.964.141 33.261 1,1
Total Assets
Aset Lancar Current Assets
Jumlah Aset Lancar Perseroan per 31 Desember 2024 The Company's Current Assets as of 31 December
adalah sebesar USD828.555 ribu, menurun 4% 2024 amounted to USD828,555 thousand, a 4%
dibandingkan tahun sebelumnya sebesar USD863.278 decrease compared to the previous year of
ribu. Penurunan Aset Lancar terjadi karena pengeluaran USD863,278 thousand. The decrease in Current Assets
kas dan setara kas untuk kegiatan investasi dan occurred due to cash and cash equivalent expenditures
pendanaan, pemakaian persediaan dan pencadangan for investment and financing activities, the use of
atas persediaan kondisi kurang baik serta penggunaan inventory and reserves for inventory in poor condition
uang muka atas proyek konstruksi. as well as the use of advances for construction projects.
Aset Lancar (dalam USD ribu)
Current Assets (in USD thousand)
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2024 2023
Description
USD %
Kas dan Setara Kas
655.191 677,717 (22.526) (3,3)
Cash and Cash Equivalents
Kas yang dibatasi penggunaannya
123 - 123 100,0
Restricted cash
Piutang Usaha
128.125 136,291 (8.166) (6,0)
Accounts receivable
Piutang Lain-lain
4.139 5.521 (1.382) (25,0)
Other receivables
Persediaan
18.486 22.644 (4.158) (18,4)
Inventories
Pajak Pertambahan Nilai (“PPN”) yang Dapat
Ditagihkan Kembali - Bagian Lancar 17.175 5.492 11.683 212,7
Reimbursable Value Added Tax (“VAT”) - Current Portion
Tagihan Pengembalian Pajak
- 291 (291) (100,0)
Tax Refund Bill
Biaya Dibayar Di Muka
122 519 (397) (76,5)
Prepaid expenses
Aset Lain-lain
5.194 14.803 (9.609) (64,9)
Other Assets
Jumlah Aset
828.555 863.278 (34.723) (4,0)
Total Assets
2024 Annual Report PT Pertamina Geothermal Energy Tbk 235
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03 ANALISA DAN PEMBAHASAN MANAJEMEN
MANAGEMENT DISCUSSION AND ANALYSIS
Kas dan Setara Kas Cash and Cash Equivalents
Jumlah Kas dan Setara Kas Perseroan per 31 Desember The Company's total Cash and Cash Equivalents as of
2024 adalah sebesar USD655.191 ribu, menurun 31 December 2024, amounted to USD655,191
3,3% dibandingkan tahun sebelumnya sebesar thousand, a 3.3% decrease compared to the previous
USD677.717 ribu. Penurunan terjadi terutama karena year of USD677,717 thousand. The decrease was
pengeluaran kas untuk kegiatan investasi dan mainly due to cash expenditures for investment and
pendanaan. financing activities.
Kas dan Setara Kas (dalam USD ribu)
Cash and Cash Equivalents (in USD thousand)
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2024 2023
Description
USD %
Kas pada Bank
155.191 277.717 (122.526) (44,1)
Cash at Bank
Deposito Jangka Pendek
500.000 400.000 100.000 25,0
Short Term Deposits
Jumlah Kas Dan Setara Kas
655.191 677.717 (22.526) (3,3)
Total Cash and Cash Equivalents
Piutang Usaha Accounts Receivable
Jumlah Piutang Usaha Perseroan per 31 Desember The Company's total Accounts Receivable as of 31
2024 mencapai USD128.125 ribu, turun 6% dari December 2024 reached USD128,125 thousand, a
tahun sebelumnya sebesar USD136.291 ribu. 6% decrease from the previous year of USD136,291
Penurunan terjadi terutama karena terdapat thousand. The decrease occurred mainly due to
penyelesaian piutang oleh pelanggan pihak berelasi settlement of receivables by related party customers
lebih awal dari tanggal jatuh tempo. earlier than the due date.
Piutang Usaha (dalam USD ribu)
Accounts Receivable (in USD thousand)
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2024 2023
Description
USD %
Pihak yang Berelasi
124.627 132.273 (7.646) (5,8)
Related Parties
Pihak Ketiga
3.498 4.018 (520) (12,9)
Third Parties
Jumlah Piutang Usaha
128.125 136.291 (8.166) (6,0)
Total Trade Receivables
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Piutang Lain-lain Other Receivables
Jumlah Piutang Lain-lain Perseroan per 31 Desember The Company's Other Receivables as of 31 December
2024 adalah sebesar USD4.139 ribu, menurun 25% 2024 amounted to USD4,139 thousand, a 25%
dibandingkan tahun sebelumnya sebesar USD5.521 decrease compared to the previous year of USD5,521
ribu. Penurunan Piutang Lain-lain terjadi terutama thousand. The decrease in Other Receivables occurred
karena usaha perseroan dalam pengajuan mainly due to the Company's efforts in submitting
reimbursement bonus produksi kepada Pemerintah. production bonus reimbursement to the Government.
Piutang Lain - lain (dalam USD ribu)
Other Receivables (in USD thousand)
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2024 2023
Description
USD %
Pihak yang Berelasi
4.041 5.420 (1.379) (25,4)
Related Parties
Pihak Ketiga
98 101 (3) (3,0)
Third Parties
Jumlah Piutang Usaha
4.139 5.521 (1.382) (25,0)
Total Trade Receivables
Persediaan Inventories
Jumlah Persediaan Perseroan per 31 Desember 2024 The Company's total Inventories as of 31 December
mencapai USD18.486 ribu, menurun 18,4% dari tahun 2024 reached USD18,486 thousand, a 18.4%
sebelumnya sebesar USD22.644 ribu. Penurunan decrease from the previous year of USD22,644
Persediaan diakibatkan oleh pemakaian persediaan thousand. The decrease in Inventories was due to the
material pemboran untuk kegiatan investasi perseroan use of drilling material inventory for the Company's
dan penyisihan penurunan nilai atas material usang. investment activities and provisions for decline in value
of obsolete materials.
Persediaan (dalam USD ribu)
Persediaan (in USD thousand)
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2024 2023
Description
USD %
Material Pemboran
9.242 12.410 (3.168) (25,5)
Drilling Materials
Suku Cadang
7.309 5.982 1.327 22,2
Spare Parts
Pipa
3.937 4.623 (686) (14,8)
Pipes
Pelumas dan Bahan Kimia
60 38 22 57,9
Lubricants and Chemicals
Penyisihan Penurunan Nilai
(2.062) (409) (1.653) 404,2
Allowance for decline in value
Jumlah Persediaan
18.486 22.644 (4.158) (18,4)
Total Inventories
2024 Annual Report PT Pertamina Geothermal Energy Tbk 237
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03 ANALISA DAN PEMBAHASAN MANAJEMEN
MANAGEMENT DISCUSSION AND ANALYSIS
Biaya Dibayar Dimuka Prepaid Expenses
Jumlah Biaya Dibayar Dimuka Perseroan per 31 The Company's Prepaid Expenses as of 31 December
Desember 2024 adalah sebesar USD122 ribu, 2024 amounted to USD122 thousand, a 76.5%
menurun 76,5% dibandingkan periode yang sama decrease compared to the same period the previous
tahun sebelumnya sebesar USD519 ribu. Penurunan year of USD519 thousand. The decrease was due to
disebabkan oleh amortisasi atas asuransi dibayar amortization of prepaid insurance.
dimuka.
Biaya Dibayar Dimuka (dalam USD ribu)
Prepaid Expenses (in USD thousand)
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2024 2023
Description
USD %
Asuransi
0* 507 (507) (100,0)
Insurance
Biaya Sewa
112 0 112 100,0
Rental costs
Biaya Perjalanan
10 12 (2) (16,7)
Travel Expenses
Jumlah Biaya Dibayar Dimuka
122 519 (397) (76,5)
Total Prepaid Expenses
*Dibayarkan pada Januari 2025 sebesar USD2.237,62 ribu, dengan sisa manfaat premi per 31 Desember 2024 sebesar USD932 ribu.
Paid in January 2025 in the amount of USD2,237.62 thousand, with the remaining premium benefits as of 31 December 2024 amounting to USD932 thousand.
Aset Lain-lain Other Assets
Jumlah Aset Lain-lain Perseroan per 31 Desember 2024 The Company's Other Assets as of 31 December 2024
mencapai USD5.194 ribu, menurun 64,9% reached USD5,194 thousand, a 64.9% decrease
dibandingkan periode yang sama tahun sebelumnya compared to the same period the previous year of
USD14.803 ribu. Penurunan jumlah aset lain-lain USD14,803 thousand. The decrease in the amount of
terjadi karena penggunaan uang muka pihak berelasi other assets occurred due to the use of advances from
dan pihak ketiga untuk kegiatan investasi organik related parties and third parties for organic investment
pembangunan PLTP Lumut Balai unit 2. activities for the construction of Lumut Balai PLTP unit 2.
Aset Lain-lain (dalam USD ribu)
Other Assets (in USD thousand)
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2024 2023
Description
USD %
Uang Muka Pihak Ketiga
3.463 13.205 (9.742) (73,8)
Advances to Third Parties
Uang Muka Pihak Relasi
1.429 1.430 (1) (0,1)
Advances to Related Parties
Biaya yang Ditangguhkan
302 168 134 79,8
Deferred Expenses
Jumlah Aset lain-lain
5.194 14.803 (9.609) (64,9)
Total Other Assets
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Aset Tidak Lancar Non-Current Assets
Jumlah Aset Tidak Lancar Perseroan per 31 Desember The Company's total Non-Current Assets as of 31
2024 adalah sebesar USD2.168.847 ribu, meningkat December 2024 amounted to USD2,168,847
3,2% dibandingkan periode yang sama tahun thousand, an increase of 3.2% compared to the same
sebelumnya sebesar USD2.100.863 ribu. Peningkatan period in the previous year of USD2,100,863 thousand.
Aset Tidak Lancar terjadi terutama karena penambahan The increase in Non-Current Assets occurred mainly
aset tetap dari kegiatan investasi organik Perseroan. due to the addition of fixed assets from the Company's
organic investment activities.
Aset Tidak Lancar (dalam USD ribu)
Non-Current Assets (in USD thousand)
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2024 2023
Description
USD %
Kas yang dibatasi penggunaannya
185 - 185 100,0
Restricted cash
Piutang Lain-lain Pihak Berelasi
7.529 8.256 (727) (8,8)
Other Receivables Related Parties
Aset Tetap, Bersih
2.024.607 1.941.009 83.598 4,3
Fixed Assets, Net
Aset Hak Guna, Bersih
4.215 1.927 2.288 118,7
Right of Use Assets, Net
Investasi pada ventura bersama
12.093 11.640 453 3,9
Investment in joint ventures
PPN yang Dapat Ditagihkan Kembali – Bagian Tidak Lancar
98.460 108.985 (10.525) (9,7)
Reimbursable VAT – Non-Current Portion
Aset Keuangan yang Dinilai Pada Nilai Wajar Melalui
Pendapatan Komprehensif Lain
21.716 29.004 (7.288) (25,1)
Financial Assets Measures at Fair Value Through Other
Comprehensive Income
Aset Lain-lain, Bersih
42 42 - 0
Other Assets, Net
Jumlah Aset Tidak Lancar
2.168.847 2.100.863 67.984 3,2
Total Non-Current Assets
Piutang Lain-lain Pihak Berelasi Other Receivables Related Parties
Tidak Lancar
Jumlah Piutang Lain-lain Pihak yang Berelasi per 31 The amount of Other Receivables from Related Parties
Desember 2024 adalah sebesar USD7.529 ribu, Non-Current as of 31 December 2024 was USD7,529
menurun 8,8% dibandingkan periode yang sama tahun thousand, a 8.8% decrease compared to the same
sebelumnya yang sebesar USD8.256 ribu. Penurunan period in the previous year of USD8,256 thousand. The
terjadi karena realisasi piutang jangka panjang atas decrease occurred due to the realization of long-term
jaringan transmisi. receivables for transmission networks.
Piutang Lain-lain Pihak Berelasi Tidak Lancar (dalam USD ribu)
Other Receivables Related Parties (in USD thousand)
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2024 2023
Description
USD %
Piutang lain-lain - pihak berelasi tidak lancar
7.529 8.256 (726) (8,8)
Other receivables - related parties non-current
2024 Annual Report PT Pertamina Geothermal Energy Tbk 239
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03 ANALISA DAN PEMBAHASAN MANAJEMEN
MANAGEMENT DISCUSSION AND ANALYSIS
Aset Tetap Fixed Assets
Jumlah Aset Tetap Perseroan per 31 Desember 2024 The Company's total Fixed Assets as of 31 December
adalah sebesar USD2.024.607 ribu, meningkat 4,3% 2024 were USD2,024,607 thousand, an increase of
dibandingkan tahun sebelumnya sebesar 4.3% compared to the previous year of USD1,941,009
USD1.941.009 ribu. Penambahan Aset Tetap terjadi thousand. The addition of Fixed Assets occurred due to
karena realisasi kegiatan investasi organik Perseroan. the realization of the Company's organic investment
activities.
Aset Tetap
Fixed Asset
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2024 2023
Description
USD %
Biaya Perolehan
Acquisition costs
Tanah dan hak atas tanah
19.220 18.226 994 5,5
Land and Land Rights
Sumur Panas Bumi
1.112.038 1.038.098 73.940 7,1
Geothermal Wells
Instalasi
779.678 756.041 23.637 3,1
Installations
Bangunan
192.048 182.321 9.727 5,3
Buildings
Harta Benda Bergerak
32.353 29.444 2.909 9,9
Moveable Assets
Subjumlah
2.135.337 2.024.130 111.207 5,5
Subtotal
Aset dalam Pembangun
Assets Under Construction
Aset Eksplorasi
169.286 168.729 557 0,3
Exploration Assets
Aset Pengembangan
780.654 697.006 83.648 12,0
Development Assets
Subjumlah
949.940 865.735 84.205 9,7
Subtotal
Jumlah biaya perolehan
3.085.277 2.889.865 195.412 6,8
Total Acquisition Costs
Akumulasi Penyusutan
Accumulated Depreciation
Sumur Panas Bumi
(430.239) (379.732) (50.507) 13,3
Geothermal Wells
Instalasi
(410.100) (363.897) (46.203) 12,7
Installations
Bangunan
(81.303) (68.756) (12.547) 18,2
Buildings
Harta Benda Bergerak
(26.441) (23.884) (2.557) 10,7
Moveable Assets
Jumlah Akumulasi Penyusutan
(948.083) (836.269) (111.814) 13,4
Total Acccumulated Depreciation
Penyisihan Penurunan Nilai
(112.587) (112.587) - -
Provision for Impairment
Nilai buku bersih
2.024.607 1.941.009 83.598 4,3
Net Book Value
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Aset Hak Guna Right of Use Assets
Jumlah Aset Hak Guna Perseroan per 31 Desember The Company's total Right of Use Assets as of 31
2024 mencapai USD4.215 ribu, meningkat 118,7% December 2024 reached USD4,215 thousand, an
dari periode yang sama tahun sebelumnya sebesar increase of 118.7% from the same period the previous
USD1.927 ribu. Penambahan Aset Hak Guna terutama year of USD1,927 thousand. The addition of Right of
terjadi karena penambahan kontrak baru atas sewa Use Assets was mainly due to the addition of new
gedung dan kendaraan yang menggantikan kontrak contracts for building and vehicle leases that replaced
sebelumnya yang telah berakhir. previous contracts that had expired.
Aset Hak Guna (dalam USD ribu)
Right of Use Assets (in USD thousand)
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2024 2023
Description
USD %
Biaya Perolehan
Acquisition Cost
Kendaraan
2.317 1.577 740 46,9
Vehicle
Gedung
3.204 4.600 (1.396) (30,3)
Building
Jumlah Biaya Perolehan
5.521 6.177 (656) (10,6)
Total Acquisition Cost
Akumulasi Penyusutan
Accumulated Depreciation
Kendaraan
(1.226) (402) (824) 205,0
Vehicle
Gedung
(80) (3.848) 3.768 (97,9)
Building
Jumlah Akumulasi Penyusutan
(1.306) (4.250) 2.944 (69,3)
Total Accumulated Depreciation
Jumlah Aset Hak Guna
4.215 1.927 2.288 118,7
Total Right of Use Assets
PPN yang Dapat Ditagihkan Reimbursable VAT – Non-Current
Kembali – Bagian Tidak Lancar Portion
Jumlah PPN Yang Dapat Ditagihkan Kembali - Bagian The Company's Reimbursable VAT - Non-Current Portion
Tidak Lancar Perseroan per 31 Desember 2024 adalah as of 31 December 2024 was USD98,460 thousand, a
sebesar USD98.460 ribu, menurun 9,7% dibandingkan 9.7% decrease compared to the previous year of
tahun sebelumnya sebesar USD108.985 ribu. USD108,985 thousand. The decrease occurred due to
Penurunan terjadi karena usaha Perseroan untuk the Company's efforts to submit a reimbursement
mengajukan permohonan reimbursement atas PPN application for VAT that can be reimbursed to the
yang dapat ditagihkan kembali kepada pemerintah. Government.
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03 ANALISA DAN PEMBAHASAN MANAJEMEN
MANAGEMENT DISCUSSION AND ANALYSIS
Aset Keuangan yang Dinilai pada Financial Assets Valued at Fair Value
Nilai Wajar Melalui Pendapatan Through Other Comprehensive
Komprehensif Lain Income
Jumlah Aset Keuangan yang Dinilai pada Nilai Wajar The Company's Total Financial Assets Valued at Fair
Melalui Pendapatan Komprehensif Lain Perseroan per Value Through Other Comprehensive Income as of 31
31 Desember 2024 adalah sebesar USD21.716 ribu, December 2024 was USD21,716 thousand, a 25.1%
menurun 25,1% dibandingkan tahun sebelumnya decrease compared to the previous year of USD29,004
sebesar USD29.004 ribu. Penurunan terjadi karena thousand. The decrease occurred due to adjustments to
penyesuaian atas pengukuran kembali nilai wajar the remeasurement of fair value based on the
berdasarkan data proyeksi arus kas masa depan anak subsidiary's future cash flow projection data.
perusahaan.
Aset Lain-Lain, Bersih Other Assets, Net
Jumlah Aset Lain-lain Perseroan per 31 Desember 2024 The Company's Other Assets as of 31 December 2024
adalah sebesar USD42 ribu, tetap atau tidak berubah amounted to USD42 thousand, remaining unchanged
dibandingkan tahun sebelumnya sebesar USD42 ribu. compared to the previous year of USD42 thousand.
Aset Lain-lain, Bagian tidak lancar (dalam USD ribu)
Other Assets (Net) (in USD thousand)
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2024 2023
Description
USD %
Persediaan Usang dan Tidak Terpakai
299 299 0 0
Obsolete and Unused Inventories
Aset Tetap Tidak Terpakai, Bersih
42 42 0 0
Unused Fixed Assets, Net
Sub Jumlah
341 341 0 0
Sub Total
Penyisihan Persediaan Usang dan Tidak Terpakai
(299) (299) 0 0
Allowance for Obsolete and Unused Inventories
Jumlah Aset Lain-lain, Bagian tidak lancar
42 42 0 0
Total Other Assets
Liabilitas Liabilities
Jumlah Liabilitas Perseroan per 31 Desember 2024 The Company's total liabilities as of 31 December 2024
adalah sebesar USD988.650 ribu, menurun 0,4% amounted to USD988,650 thousand, a 0.4% decrease
dibandingkan tahun sebelumnya sebesar USD992.885 compared to the previous year of USD992,885
ribu. Penurunan Liabilitas terjadi terutama karena thousand. The decrease in liabilities occurred mainly due
settlement penyelesaian liabilitas jangka pendek. to the settlement of short-term liabilities.
Liabilitas (dalam USD ribu)
Liabilities (in USD thousand)
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2024 2023
Description
USD %
Liabilitas
Liabilities
Liabilitas Jangka Pendek
227.296 244.104 (16.808) (6,9)
Short-Term Liabilities
Liabilitas Jangka Panjang
761.354 748.781 12.573 1,7
Long-Term Liabilities
Jumlah Liabilitas
988.650 992.885 (4.235) (0,4)
Total Liabilities
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Liabilitas Jangka Pendek Short-Term Liabilities
Jumlah Liabilitas Jangka Pendek Perseroan per 31 The Company's Short-Term Liabilities as of 31 December
Desember 2024 mencapai USD227.926 ribu, menurun 2024 reached USD227,926 thousand, a 0.4%
0,4% dari periode yang sama tahun sebelumnya decrease from the same period the previous year of
USD244.104 ribu. Penurunan Liabilitas Jangka Pendek USD244,104 thousand. The decrease in Short-Term
terjadi karena settlement penyelesaian utang lain-lain Liabilities occurred due to the settlement of other debts
pihak yang berelasi dan utang pajak. from related parties and tax debts.
Liabilitas Jangka Pendek (dalam USD ribu)
Short-Term Liabilities (in USD thousand)
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2024 2023
Description
USD %
Utang Usaha
96.795 82.520 14.275 17,3
Trade Payables
Utang Lain-lain Pihak yang Berelasi
10.137 25.952 (15.815) (60,9)
Other Payables Related Parties
Pinjaman Jangka Pendek yang Akan Jatuh Tempo dalam
Satu Tahun 15.172 15.500 (328) (2,1)
Current Maturities of Long-Term Loans
Liabilitas Sewa yang Akan Jatuh Tempo dalam Satu Tahun
1.402 910 492 54,1
Current Maturities of Lease Liabilities
Utang Pajak
5.755 18.007 (12.252) (68,0)
Taxes Payable
Biaya yang Masih Harus Dibayar
88.053 83.333 4.720 5,7
Accrued Expenses
Imbalan Kerja Jangka Pendek
9.694 17.671 (7.977) (45,1)
Short-term Employee Benefits
Pendapatan Tangguhan
288 211 77 36,5
Deferred Revenue
Jumlah Liabilitas Jangka Pendek
227.296 244.104 (16.808) (6,9)
Total Current Liabilities
Utang Usaha Accounts Payables
Jumlah Utang Usaha Perseroan per 31 Desember 2024 The Company's Accounts Payables as of 31 December
adalah sebesar USD96.795 ribu, meningkat 17,3% 2024 amounted to USD96,795 thousand, an increase
dibandingkan tahun sebelumnya USD82.520 ribu. of 17.3% compared to the previous year of USD82,520
Peningkatan Utang Usaha terjadi terutama karena thousand. The increase in Accounts Payables occurred
penambahan utang pihak ketiga atas pembelian mainly due to the addition of third-party debt for
barang dan jasa yang ditagih oleh pemasok namun purchases of goods and services billed by suppliers but
belum jatuh tempo. not yet due.
Utang Usaha (dalam USD ribu)
Accounts Payables (in USD thousand)
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2024 2023
Description
USD %
Pihak yang Berelasi
2.234 4.543 (2.309) (50,8)
Related Party
Pihak Ketiga
94.561 77.977 16.584 21,3
Third Party
Jumlah Utang Usaha
96.795 82.520 14.275 17,3
Total Accounts Payable
2024 Annual Report PT Pertamina Geothermal Energy Tbk 243
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03 ANALISA DAN PEMBAHASAN MANAJEMEN
MANAGEMENT DISCUSSION AND ANALYSIS
Jumlah Pinjaman Jangka Pendek Total Current Maturities of
yang Akan Jatuh Tempo dalam Satu Short-Term Loans
Tahun
Jumlah Pinjaman Jangka Panjang yang Akan Jatuh The Company's Total Current Maturities of Short-Term
Tempo Dalam Satu Tahun Perseroan per 31 Desember Loans as of 31 December 2024 reached USD15,172
2024 mencapai USD15.172 ribu, menurun 2,1% thousand, a 2.1% decrease compared to the previous
dibandingkan tahun sebelumnya sebesar USD15.500 year of USD15,500 thousand. The decrease occurred
ribu. Penurunan terjadi karena pelemahan Yen terhadap due to the weakening of the Yen against the US Dollar
Dolar AS sehingga pokok utang pinjaman SLA-1242 so that the principal of the SLA-1242 loan was recorded
tercatat lebih kecil setelah dilakukan translasi kurs. as smaller after the exchange rate translation.
Pinjaman Jangka Pendek (dalam USD ribu)
Short Term Loans (in USD thousand)
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2024 2023
Description
USD %
Dolar AS
9.570 9.223 347 3,8
US Dollar
Yen 5.602 6.277 (675) (10,8)
Jumlah Pinjaman Jangka Pendek yang Akan
Jatuh Tempo dalam Satu Tahun 15.172 15.500 (328) (2,1)
Total Current Maturities of Long-Term Loans
Utang Pajak Tax Payables
Jumlah Utang Pajak Perseroan per 31 Desember 2024 The Company's total Tax Payable as of 31 December
adalah sebesar USD5.755 ribu, menurun 68% 2024 was USD5,755 thousand, a 68% decrease
dibandingkan periode yang sama tahun sebelumnya compared to the same period the previous year of
USD18.007 ribu. Penurunan terjadi terutama karena USD18,007 thousand. The decrease occurred mainly
settlement utang setoran bagian pemerintah (SBP) / due to the settlement of the government portion of
PPh Pasal 29. deposit debt (SBP) / Income Tax Article 29.
Utang Pajak (dalam USD ribu)
Tax Payables (in USD thousand)
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2024 2023
Description
USD %
Pajak Penghasilan
Income Tax
Pasal 4(2)
248 44 204 463,6
Article 4(2)
Pasal 21
774 2.164 (1.390) (64,2)
Article 21
Pasal 23
205 205 - 0
Article 23
Pasal 29
1.548 13.545 (11.997) (88,6)
Article 29
Kurang Bayar Beban Pajak Penghasilan
331 619 (288) (46,5)
Underpayment of Income Tax Expense
PPN
2.649 1.430 1.219 85,2
VAT
Jumlah Utang Pajak
5.755 18.007 (12.252) (68,0)
Total Tax Payable
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Biaya yang Masih Harus Dibayar Accrued Expenses
Jumlah Biaya yang Masih Harus Dibayar Perseroan The Company's Total Accrued Expenses as of
per 31 Desember 2024 adalah sebesar USD88.053 31 December 2024 amounted to USD88,053
ribu, meningkat 5,7% dari tahun sebelumnya sebesar thousand, an increase of 5.7% from the previous year
USD83.333 ribu. Peningkatan terjadi utamanya karena of USD83,333 thousand. The increase occurred mainly
realisasi penerimaan barang dan jasa dari pemasok due to the realization of receipt of goods and services
pihak ketiga untuk aktivitas investasi dan from third-party suppliers for the company's investment
operasial perseroan. and operational activities.
Biaya yang Masih Harus Dibayar (dalam USD ribu)
Total Accrued Expenses (in USD thousand)
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2024 2023
Description
USD %
Kontrak Barang dan Jasa
Material and Service Contracts
Pihak yang Berelasi
5.157 7.259 (2.102) (29,0)
Related Parties
Pihak Ketiga
71.054 64.007 7.047 11,0
Third Parties
Lain-lain
11.842 12.067 (225) (1,9)
Others
Jumlah Biaya yang Masih Harus Dibayar
88.053 83.333 4.720 5,7
Total Accrued Expenses
Imbalan Kerja Jangka Pendek Short-Term Employee Benefits
Jumlah Imbalan Kerja Jangka Pendek Perseroan per 31 The Company's Short-Term Employee Benefits as of
Desember 2024 mencapai USD9.694 ribu, menurun 31 December 2024 reached USD9,694 thousand, a
45,1% dibandingkan tahun sebelumnya sebesar 45.1% decrease compared to the previous year of
USD17.671 ribu. Faktor penurunan yang utama USD17,671 thousand. The main factors of the decline
adalah mekanisme pencairan imbalan kerja jangka were the mechanism for disbursing short-term employee
pendek atas tantiem sesuai aturan Kementerian BUMN, benefits for tantiem in accordance with the regulations
dan pencadangan imbalan jangka pendek atas insentif of the Ministry of SOEs, and short-term benefits for
bonus yang dilakukan dengan lebih konservatif. bonus incentives which were carried out more
conservatively.
Imbalan Kerja Jangka Pendek (dalam USD ribu)
Short-Term Employee Benefits (in USD thousand)
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2024 2023
Description
USD %
Insentif Karyawan - Pihak Ketiga
9.694 17.671 (7.977) (45,1)
Employee Incentives – Third Parties
Jumlah Imbalan Kerja Jangka Pendek
9.694 17.671 (7.977) (45,1)
Total Short-Term Employee Benefits
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03 ANALISA DAN PEMBAHASAN MANAJEMEN
MANAGEMENT DISCUSSION AND ANALYSIS
Pendapatan Tangguhan Deferred Income
Jumlah Pendapatan Tangguhan Perseroan per The Company's Deferred Income as of 31 December
31 Desember 2024 mencapai USD288 ribu, atau 2024 reached USD288 thousand, or a 36.5% increase
meningkat 36,5% dari tahun sebelumnya sebesar from the previous year of USD211 thousand. The
USD211 ribu. Peningkatan terjadi terutama karena increase occurred mainly due to temporary receipts
penerimaan sementara dari sebagian produksi kontrak from part of the joint operation contract production in
operasi bersama di WKP Gunung Sibual-buali. the Gunung Sibual-buali WKP.
Liabilitas Jangka Panjang Long-Term Liabilities
Jumlah Liabilitas Jangka Panjang Perseroan per The Company's Long-Term Liabilities as of 31 December
31 Desember 2024 adalah USD761.354 ribu, 2024 were USD761,354 thousand, an increase of
meningkat 1,7% dibandingkan tahun sebelumnya 1.7% compared to the previous year of USD748,781
sebesar USD748.781 ribu. Peningkatan Liabilitas thousand. The increase in Long-Term Liabilities occurred
Jangka Panjang terjadi terutama karena bertambahnya mainly due to the increase in long-term loan debt to
utang pinjaman jangka panjang untuk mendanai fund the company's investment activities.
aktivitas investasi perseroan.
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2024 2023
Description
USD %
Liabilitas Pajak Tangguhan, Bersih
21.890 15.466 6.424 41,5
Deferred Tax Liabilities, Net
Liabilitas Sewa Setelah Dikurangi Bagian yang Jatuh
Tempo dalam Satu Tahun 2.549 1.113 1.436 129,0
Lease Liabilities Net of Current Maturities
Pinjaman Jangka Panjang Setelah Dikurangi Bagian
yang Akan Jatuh Tempo dalam Satu Tahun 328.047 315.083 12.964 4,1
Long-Term Loans Net of Current Maturities
Utang Obligasi
398.643 398.236 407 0,1
Bonds Payable
Imbalan Kerja Jangka Panjang
9.019 13.425 (4.406) (32,8)
Long-Term Employee Benefits
Kewajiban Jangka Panjang Lainnya
1.206 5.458 (4.252) (77,9)
Other Long-Term Liabilities
Jumlah Liabilitas Jangka Panjang
761.354 748.781 12.573 1,7
Total Long-Term Liabilities
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Liabilitas Pajak Tangguhan Deferred Tax Liabilities
Jumlah Liabilitas Pajak Tangguhan Perseroan per The Company's Deferred Tax Liabilities as of
31 Desember 2024 tercatat USD21.890 ribu, 31 December 2024 were recorded at USD21,890
meningkat 41,5% dibandingkan tahun sebelumnya thousand, an increase of 41.5% compared to the
sebesar USD15.466 ribu. Peningkatan terjadi terutama previous year of USD15,466 thousand. The increase
karena bertambahnya perbedaan nilai buku aset tetap occurred mainly due to the increase in the difference in
komersial dan fiskal. the book value of commercial and fiscal fixed assets.
Liabilitas Pajak Tangguhan (dalam USD ribu)
Deferred Tax Liabilities (in USD thousand)
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2024 2023
Description
USD %
Provisi Imbalan Pekerja Perbantuan
(1.396) (1.386) (10) 0,7
Provision for Employee Benefits
Provisi Imbalan Karyawan Perusahaan
(2.080) (5.035) 2.955 (58,7)
Provision for Employee Benefits of the Company
Perubahan Nilai Wajar Aset Keuangan
7.383 9.860 (2.477) (25,1)
Change in Fair Value of Financial Assets
Kompensasi Berbasis Saham
(736) - (736) 100,0
Stock Based Compensation
Aset Hak Guna
89 (33) 122 (369,7)
Right of Use Assets
Provisi atas Penyisihan Penurunan Nilai Material
(726) - (726) 100,0
Provision for Allowance for Material Decline in Value
Provisi atas PPN yang Dapat Ditagihkan
(2.177) (2.102) (75) 3,6
Provision for VAT Recoverable
Perbedaan Nilai Buku Aset Tetap Komersial dan Fiskal
21.533 14.162 7.371 52,0
Difference in Book Value of Commercial and Fiscal Fixed Assets
Jumlah Liabilitas Pajak Tangguhan
21.890 15.466 6.424 41,5
Total Deferred Tax Liabilities
Liabilitas Sewa Setelah Dikurangi Lease Liabilities Net of Maturities
Bagian yang Jatuh Tempo Dalam Within One Year
Satu Tahun
Jumlah Liabilitas Sewa Setelah Dikurangi Bagian yang The Company's Total Lease Liabilities Net of Maturities
Jatuh Tempo Dalam Satu Tahun Perseroan per Within One Year as of 31 December 2024 amounted
31 Desember 2024 adalah sebesar USD2.549 ribu, to USD2,549 thousand, an increase of 129% compared
meningkat 129% dibandingkan periode yang sama to the same period in the previous year of USD1,113
tahun sebelumnya USD1.113 ribu. Peningkatan terjadi thousand. The increase occurred due to the addition of
karena penambahan kontrak baru atas sewa gedung new contracts for building and vehicle leases that
dan kendaraan yang menggantikan kontrak sebelumnya replaced previous contracts that had expired.
yang telah berakhir.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 247
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03 ANALISA DAN PEMBAHASAN MANAJEMEN
MANAGEMENT DISCUSSION AND ANALYSIS
Pinjaman Jangka Panjang Setelah Long-Term Loans Net of Maturities
Dikurangi Bagian Yang Akan Jatuh Within One Year
Tempo Dalam Satu Tahun
Jumlah Pinjaman Jangka Panjang Setelah Dikurangi The Company's Long-Term Loans Net of Maturities
Bagian yang Akan Jatuh Tempo Dalam Satu Tahun Within One Year as of 31 December 2024 reached
Perseroan per 31 Desember 2024 mencapai USD323,286 thousand, an increase of 2.6% compared
USD328.047 ribu, meningkat 4,1% dibandingkan to the previous year of USD315,083 thousand. The
tahun sebelumnya sebesar USD315.083 ribu. increase occurred mainly due to the addition of JICA's
Peningkatan terjadi terutama karena penambahan SLA-1242 loan to fund the company's organic
pinjaman SLA-1242 JICA untuk pendanaan aktivitas investment activities.
investasi organik perseroan.
Pinjaman Jangka Panjang (dalam USD ribu)
Long-Term Loans (in USD thousand)
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2024 2023
Description
USD %
Dolar AS
217.197 226.767 (9.570) (4,2)
US Dollar
Yen 110.850 88.316 22.534 25,5
Jumlah Pinjaman Jangka Panjang setelah
Dikurangi Bagian yang akan Jatuh Tempo
328.047 315.083 12.964 4,1
dalam Satu Tahun
Total Long-Term Loans Net of Maturities within One Year
Liabilitas Imbalan Kerja Karyawan Employee Benefits Liabilities
Jumlah Liabilitas Imbalan Kerja Karyawan Perseroan The Company's total Employee Benefits Liabilities as of
per 31 Desember 2024 mencapai USD9.019 ribu, 31 December 2024 reached USD9,019 thousand, a
menurun 32,8% dibandingkan tahun sebelumnya 32.8% decrease compared to the previous year of
sebesar USD13.425 ribu. Penurunan terutama USD13,425 thousand. The decrease was mainly driven
didorong oleh penempatan dana bertahap (funding) by the placement of gradual funding funds for part of
atas sebagian provisi pencadangan nilai kewajiban the provision for the value of post-employment benefit
imbalan pasca kerja karyawan direct hire. obligations for direct hire employees.
Liabilitas Imbalan Kerja Karyawan (dalam USD ribu)
Employee Benefit Liabilities (in USD thousand)
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2024 2023
Description
USD %
Imbalan Pasca Kerja
Post Employment Benefits
Karyawan Direct Hire
4.343 8.992 (4.649) (51,7)
Direct Hire Employees
Karyawan Secondee
4.109 4.078 31 0,8
Secondee Employees
Imbalan Kerja Jangka Panjang Lainnya
Other Long-Term Employee Benefits
Karyawan Direct Hire
567 355 212 59,7
Direct Hire Employees
Jumlah Liabilitas Imbalan Kerja Karyawan
9.019 13.425 (4.406) (32,8)
Total Employee Benefit Liabilities
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Kewajiban Jangka Panjang Lainnya Other Long-Term Liabilities
Jumlah Kewajiban Jangka Panjang Lainnya Perseroan The Company's Other Long-Term Liabilities as of 31
per 31 Desember 2024 mencapai USD1.206 ribu, December 2024 reached USD1,206 thousand, a
turun 77,9% dibandingkan tahun sebelumnya sebesar 77.9% decrease compared to the previous year of
USD5.458 ribu. Penurunan terjadi karena terdapat USD5,458 thousand. The decrease occurred because
penempatan dana bertahap atas sebagian provisi there was a gradual placement of funds for part of the
pencadangan nilai kewajiban program kesehatan provision for the value of the employee pension health
pensiun pekerja. program obligation.
Ekuitas Equity
Jumlah Ekuitas Perseroan per 31 Desember 2024 The Company's Equity as of 31 December 2024 was
adalah sebesar USD2.008.752 ribu, meningkat 1,9% USD2,008,752 thousand. an increase of 1.5%
dibandingkan tahun sebelumnya sebesar compared to the previous year of USD1,971,256
USD1.971.256 ribu. Peningkatan Jumlah Ekuitas thousand. The increase in Equity occurred due to the
terjadi karena bertambahnya saldo laba dan modal increase in the Company's retained earnings and
Perseroan. capital.
Ekuitas (dalam USD ribu)
Equity (in USD thousand)
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2024 2023
Description
USD %
Modal Saham
1.474.494 1.470.520 3.974 0,3
Share Capital
Tambahan Modal Disetor
188.293 183.525 4.768 2,6
Additional Paid-up Capital
Pendapatan Komprehensif Lainnya
14.328 19.140 (4.812) (25,1)
Other Comprehensive Revenue
Saldo Laba
332.053 298.295 33.758 11,3
Retained Earnings
Jumlah Ekuitas yang Didistribusikan Kepada
Pemilik Entitas Induk 2.009.168 1.971.480 37.688 1,9
Total Equity Distributed to Owners of the Parent Entity
Kepentingan Non-Pengendali
(416) (224) (192) 85,7
Non-Controlling Interest
Jumlah Ekuitas
2.008.752 1.971.256 37.496 1,9
Total Equity
Pendapatan Komprehensif Lainnya Other Comprehensive Income
Jumlah Pendapatan Komprehensif Lainnya Perseroan The Company's Other Comprehensive Income as of
per 31 Desember 2024 mencapai USD14.328 ribu, 31 December 2024 reached USD14,328 thousand, a
menurun 25,1% dibandingkan periode yang sama 25.1% decrease compared to the same period in the
tahun sebelumnya sebesar USD19.140 ribu. Penurunan previous year of USD19,140 thousand. The decrease
terjadi karena terdapat penyesuaian bersih atas occurred due to a net adjustment to the recalculation of
perhitungan kembali nilai wajar dikurangi biaya fair value less disposal costs in associated companies.
pelepasan pada perusahaan asosiasi.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 249
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03 ANALISA DAN PEMBAHASAN MANAJEMEN
MANAGEMENT DISCUSSION AND ANALYSIS
Saldo Laba Retained Earnings
Jumlah Saldo Laba Perseroan per 31 Desember 2024 The Company's Retained Earnings as of 31 December
adalah USD332.053 ribu, meningkat 11,3% 2024 was USD325,817 thousand, an increase of 9.2%
dibandingkan tahun sebelumnya sebesar USD298.295 compared to the previous year of USD298,295
ribu. Pertumbuhan Saldo Laba terjadi karena terdapat thousand. The growth in Retained Earnings occurred
pemupukan cadangan wajib pada saldo laba yang due to the addition of mandatory reserves to the
ditentukan penggunaannya dan seiring dengan retained earnings whose use was determined and in
penambahan laba tahun berjalan. line with the increase in current year's profit.
Saldo Laba (dalam USD ribu)
Retained Earnings (in USD thousand)
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2024 2023
Description
USD %
Ditentukan Penggunaannya
167.438 132.269 35.169 26,6
Appropriated
Belum Ditentukan Penggunaannya
164.615 166.026 (1.411) (0,8)
Unappropriated
Jumlah Saldo Laba
332.053 298.295 33.758 11,3
Total Retained Earnings
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Laporan Laba Rugi Komprehensif Comprehensive Income Statement
Laporan Laba Rugi Komprehensif (dalam USD ribu)
Comprehensive Income Statement (in USD thousand)
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2024 2023
Description
USD %
Pendapatan Usaha
407.120 406.288 832 0,2
Operating Revenue
Beban Pokok Pendapatan dan Beban Langsung
Lainnya (164.885) (158.352) (6.533) 4,1
Cost of revenue and other direct cost
Laba Bruto
242.235 247.936 (5.701) (2,3)
Gross Profit
Beban Umum dan Administrasi
(31.507) (26.151) (5.356) 20,5
General and Administrative Expenses
(Beban)/Pendapatan Lain-lain, Bersih
(457) 4.270 (4.727) (110,7)
Other (Expenses)/Other Income, Net
Laba Usaha
210.271 226.055 (15.784) (7,0)
Operating profit
Pendapatan Keuangan
33.565 22.171 11.394 51,4
Finance Income
Selisih kurs - bersih
15.984 16.950 (966) (5,7)
Exchange rate difference - net
Bagian atas laba bersih ventura bersama
453 - 453 100,0
Share of net income of joint venture
Beban keuangan
(32.114) (24.215) (7.899) 32,6
Finance Cost
Laba sebelum Beban Pajak Penghasilan
228.159 240.961 (12.802) (5,3)
Profit before Income Tax Expense
Beban Pajak Penghasilan
(67.857) (77.391) 9.534 (12,3)
Income Tax Expense
Laba Tahun Berjalan
160.302 163.570 (3.268) (2,0)
Profit for the Year
Penghasilan Komprehensif Lain, Neto Setelah Pajak
(3.148) 3.137 (6.285) (200,4)
Other Comprehensive Income, Net After Tax
Jumlah Penghasilan Komprehensif Tahun
Berjalan 157.154 166.707 (9.553) (5,7)
Total Comprehensive Income for the Year
Laba/(Rugi) Tahun Berjalan yang Dapat Diatribusikan Kepada
Profit/(Loss) for the Year Attributable to
Pemilik Entitas Induk
160.494 163.594 (3.100) (2,5)
Owners of the parent entity
Kepentingan Non Pengendali
(192) (24) (168) -
Non-Controlling Interests
Penghasilan/(Rugi) Komprehensif Tahun Berjalan yang Dapat Diatribusikan Kepada
Comprehensive Income/(Loss) for the Year Attributable to
Pemilik Entitas Induk
157.346 166.731 (9.385) (5,6)
Owners of the parent entity
Kepentingan Non Pengendali
(192) (24) (168) 700,0
Non-Controlling Interests
Jumlah Lembar Saham (satuan)
41.508.024.149 41.396.142.000 111.882.149 0,3
Number of Shares (unit)
Laba per saham dasar diatribusikan kepada pemilik
entitas induk (nilai penuh)
0,0039 0,0040 (0) (2,5)
Earnings per share attributable to owners of the parent
entity (full amount)
Laba per Saham Dilusian Diatribusikan kepada
Pemilik Entitas Induk (Nilai Penuh)
0,0038 0,0039 (0) (2,5)
Diluted Earnings per Share Attributable to Owners of
the Parent Entity (Full Amount)
2024 Annual Report PT Pertamina Geothermal Energy Tbk 251
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03 ANALISA DAN PEMBAHASAN MANAJEMEN
MANAGEMENT DISCUSSION AND ANALYSIS
Pendapatan Usaha Operating Revenue
Pendapatan Usaha Perseroan per 31 Desember 2024 The Company's Operating Revenue as of 31 December
mencapai USD407.120 ribu, meningkat 0,2% 2024 reached USD407,120 thousand, an increase of
dibandingkan periode yang sama tahun sebelumnya 0.2% compared to the same period the previous year
sebesar USD406.288 ribu. Pertumbuhan Pendapatan of USD406,288 thousand. The growth in Operating
Usaha terutama didorong oleh penjualan produksi uap Revenue was mainly driven by sales of steam and
dan listrik di area Kamojang dan Lumut Balai. electricity production in the Kamojang and Lumut Balai
areas.
Pendapatan Usaha (dalam USD ribu)
Operating Revenue (in USD thousand)
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2024 2023
Description
USD %
Penjualan Operasi Sendiri
Own Operation Sales
PT Indonesia Power
Kamojang 69.865 67.236 2.629 3,9
Ulubelu 42.647 2.542 40.105 1.577,7
Lahendong 37.503 3.488 34.015 975,2
PT PLN (Persero)
Kamojang 77.900 76.893 1.007 1,3
Ulubelu 71.516 111.784 (40.268) (36,0)
Lahendong 42.294 76.308 (34.014) (44,6)
Lumut Balai 40.122 39.311 811 2,1
Karaha 8.684 8.931 (247) (2,8)
Sub Jumlah
390.531 386.493 4.038 1,0
Sub Total
Production Allowance 16.589 19.795 (3.206) (16,2)
Jumlah Pendapatan Usaha
407.120 406.288 832 0,2
Total Operating Revenue
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Beban Pokok Pendapatan dan Cost of Revenue and Other
Beban Langsung Lainnya Direct Cost
Beban Pokok Pendapatan dan Beban Langsung Lainnya The Company's Cost of Revenue and Other Direct Cost
Perseroan periode 31 Desember 2024 tercatat for the period of 31 December 2024 was recorded at
USD164.885 ribu, meningkat 4,1% dibandingkan USD164,885 thousand, an increase of 4.1% compared
periode yang sama tahun sebelumnya sebesar to the same period the previous year of USD158,352
USD158.352 ribu. Peningkatan beban terjadi terutama thousand. The increase in expenses occurred mainly
karena bertambahnya beban penyusutan atas due to the increase in depreciation expenses on the
kapitalisasi aset baru, beban upah dan tunjangan, capitalization of new assets, wages and benefits
serta beban asuransi aset dan business interruption. expenses, and asset insurance and business interruption
expenses.
Beban Pokok Pendapatan Dan Beban Langsung Lainnya (dalam USD ribu)
Cost of Revenue and Other Direct Cost (in USD thousand)
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2024 2023
Description
USD %
Beban penyusutan
113.333 110.631 2.702 2,4
Depreciation expense
Upah dan Tunjangan
25.081 22.372 2.709 12,1
Wages and Allowances
Tenaga Kerja dan Jasa Professional
8.668 7.712 956 12,4
Manpower and Professional Services
Jasa Teknik
5.938 6.758 (820) (12,1)
Technical/ Specialist Service
Sewa
2.717 2.255 462 20,5
Lease
Material dan Peralatan
3.340 4.288 (948) (22,1)
Materials and Equipment
Perjalanan Dinas
2.456 1.954 502 25,7
Business Trip
Asuransi
2.084 1.003 1.081 107,8
Insurance
Lain-lain
1.268 1.379 (111) (8,0)
Others
Jumlah Beban Pokok Pendapatan dan
Beban Langsung Lainnya 164.885 158.352 6.533 4,1
Total Cost of Revenue and Other Direct Cost
2024 Annual Report PT Pertamina Geothermal Energy Tbk 253
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03 ANALISA DAN PEMBAHASAN MANAJEMEN
MANAGEMENT DISCUSSION AND ANALYSIS
Laba Bruto Gross Profit
Laba Bruto Perseroan per 31 Desember 2024 mencapai The Company's Gross Profit as of 31 December 2024
USD242.235 ribu, menurun 2,3% dibandingkan reached USD242,235 thousand, a 2.3% decrease
periode yang sama tahun sebelumnya sebesar compared to the same period the previous year of
USD247.936 ribu. Penurunan Laba Bruto terutama USD247,936 thousand. The decrease in Gross Profit
didorong oleh bertambahnya beban penyusutan atas was mainly driven by the increase in depreciation
kapitalisasi aset baru, beban upah dan tunjangan, expenses on new asset capitalization, wages and
serta beban asuransi aset dan business interruption. benefits expenses, and asset insurance and business
interruption expenses.
Laba Bruto (dalam USD ribu)
Gross Profit (in USD thousand)
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2024 2023
Description
USD %
Pendapatan Usaha
407.120 406.288 832 0,2
Operating Revenue
Beban Pokok Pendapatan dan Beban Langsung Lainnya
(164.885) (158.352) (6.533) 4,1
Cost of Revenue and Other Direct Cost
Laba Bruto
242.235 247.936 (5.701) (2,3)
Gross Profit
Laba Usaha Operating Profit
Laba Usaha Perseroan pada 31 Desember 2024 The Company's Operating Profit as of 31 December
mencapai USD210.271 ribu, turun 7% dari periode 2024 reached USD210,271 thousand, a 7% decrease
yang sama tahun sebelumnya sebesar USD226.055 from the same period the previous year of USD226,055
ribu. Penurunan Laba Usaha terjadi terutama karena thousand. The decrease in Operating Profit occurred
turunnya laba bruto atas bertambahnya beban mainly due to a decrease in gross profit due to an
penyusutan aset, bertambahnya beban umun dan increase in asset depreciation expenses, an increase in
administrasi atas beban konsultan dalam proses due general and administrative expenses due to consultant
diligence atas upaya akuisisi, dan pendapatan/beban expenses in the due diligence process for acquisition
lain-lain atas provisi penurunan nilai material usang efforts, and other income/expenses due to provisions
dan dividen dari entitas asosiasi. for impairment of obsolete materials and dividends
from associates.
Laba Usaha (dalam USD ribu)
Operating Profit (in USD thousand)
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2024 2023
Description
USD %
Laba Bruto
242.235 247.936 (5.701) (2,3)
Gross Profit
Beban Umum dan Administrasi
(31.507) (26.151) (5.356) 20,5
General and Administrative Expenses
(Beban)/Pendapatan Lain-lain, Bersih
(457) 4.270 (4.727) (110,7)
Other Income/(Expenses), Net
Laba Usaha
210.271 226.055 (15.784) (7,0)
Operating Profit
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Laba Tahun Berjalan Profit for the Year
Laba Tahun Berjalan Perseroan per 31 Desember 2024 The Company's Profit for the Year as of 31 December
mencapai USD160.302 ribu, turun 2% dibandingkan 2024 reached USD160,302 thousand, a 2% decrease
periode yang sama tahun sebelumnya sebesar compared to the same period the previous year of
USD163.570 ribu. Penurunan diakibatkan oleh USD163,570 thousand. The decrease was due to an
kenaikan beban aktivitas operasional dan beban increase in operational activity expenses and financial
keuangan yang lebih besar dari penambahan expenses which were greater than the increase in the
pendapatan usaha dan pendapatan keuangan company's business income and financial income.
Perseroan.
Laba Usaha (dalam USD ribu)
Profit for the Year (in USD thousand)
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2024 2023
Description
USD %
Laba Usaha
210.271 226.055 (15.784) (7,0)
Operating Income
Pendapatan keuangan
33.565 22.171 11.394 51,4
Finance income
Selisih kurs - bersih
15.984 16.950 (966) (5,7)
Foreign exchange difference - net
Bagian atas laba bersih ventura bersama
453 - 453 100,0
Share of net income of joint venture
Beban keuangan
(32.114) (24.215) (7.899) 32,6
Finance Expense
Laba sebelum Beban Pajak Penghasilan
228.159 240.961 (12.802) (5,3)
Profit Before Income Tax Expense
Beban Pajak Penghasilan
(67.857) (77.391) 9.534 (12,3)
Income Tax Expense
Laba Tahun Berjalan
160.302 163.570 (3.268) (2,0)
Profit for the Year
Laporan Arus Kas Konsolidasian Consolidated Statement of Cash
Flow
Laporan Arus Kas Konsolidasian (dalam USD ribu)
Consolidated Statement of Cash Flow (in USD thousand)
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2024 2023
Description
USD %
Arus Kas Dari Aktivitas Operasi
Cash Flow From Operating Activities
Penerimaan Kas dari Pelanggan
796.438 797.575 (1.137) (0,1)
Cash Receipts from Customers
Penerimaan Kas dari Pendapatan Bunga
36.559 21.903 14.656 66,9
Cash Receipts from Interest Income
Penerimaan/(Pembayaran) Kas antar Anak Perusahaan
4.437 (778) 5.215 (670,3)
Cash Receipts/(Payments) between Subsidiaries
Penerimaan Kas dari Klaim Asuransi dan Lain-lain
- 522 (522) (100,0)
Cash Receipts from Insurance Claims and Others
Pembayaran Kas kepada Pemasok
(478.244) (474.125) (4.119) 0,9
Cash Payments to Suppliers
Pembayaran Kas untuk Pajak Penghasilan
(71.398) (78.412) 7.014 (8,9)
Cash Payments for Income Tax
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03 ANALISA DAN PEMBAHASAN MANAJEMEN
MANAGEMENT DISCUSSION AND ANALYSIS
Laporan Arus Kas Konsolidasian (dalam USD ribu)
Consolidated Statement of Cash Flow (in USD thousand)
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2024 2023
Description
USD %
Pembayaran Kas kepada Karyawan
(32.363) (28.755) (3.608) 12,5
Cash Payments to Employees
Pembayaran Premi Asuransi dan Klaim Lainnya
(900) (434) (466) 107,4
Insurance Premium Payments and Other Claims
Penerimaan Kas yang dibatasi penggunaannnya
(308) - (308) 100,0
Restricted Cash Receipts
Penerimaan Kas dari Aktivitas Operasi Lainnya
4.063 17.694 (13.631) (77,0)
Cash Receipts from Other Operating Activities
Arus Kas Bersih yang Diperoleh dari Aktivitas
Operasi 258.284 255.190 3.094 1,2
Net Cash Flow Provided by Operating Activities
Arus Kas Dari Aktivitas Investasi
Cash Flow From Investing Activities
Penerimaan Dividen dari Perusahaan Asosiasi
2.574 1.174 1.400 119,3
Dividend Receipts from Associated Companies
Penambahan Investasi di Ventura Bersama
(100) (11.540) 11.440 (99,1)
Additional Investment in Joint Venture
Penambahan Aset Tetap
(103.408) (68.114) (35.294) 51,8
Additional Fixed Assets
Arus Kas Bersih yang Digunakan untuk
Aktivitas Investasi (100.934) (78.480) (22.454) 28,6
Net Cash Flow Used in Investing Activities
Arus Kas Dari Aktivitas Pendanaan
Cash Flow From Financing Activities
Penerimaan Kas atas Penerbitan Saham
4.752 589.269 (584.517) (99,2)
Cash Receipts from Issuance of Shares
Penerimaan Kas atas Penerbitan Obligasi
- 399.737 (399.737) (100,0)
Cash Receipts from Issuance of Bonds
Pengembalian Pinjaman ke Pertamina
(14.973) (7.729) (7.244) 93,7
Repayment of Loan to Pertamina
Pembayaran Pinjaman Jangka Pendek
- (600.000) 600.000 (100,0)
Payment of Short-Term Loans
Pembayaran Kas atas Dividen
(128.400) (100.000) (28.400) 28,4
Cash Payments from Dividends
Pembayaran Kas atas Sewa Pembiayaan
(1.922) (2.184) 262 (12,0)
Cash Payments from Finance Leases
Pembayaran Kas atas Beban Keuangan
(50.596) (35.299) (15.297) 43,3
Cash Payments from Finance Expense
Pembayaran Kas atas Penerbitan Saham dan Obligasi
- (4.888) 4.888 (100,0)
Cash Payments from Issuance of Shares and Bonds
Arus Kas Bersih yang Digunakan/Diperoleh
untuk Aktivitas Pendanaan (191.139) 238.906 (430.045) (180,0)
Net Cash Flow Used/Obtained for Financing Activities
(Penurunan)/Kenaikan Neto Kas dan Setara Kas
(33.789) 415.616 (449.405) (108,1)
(Decrease)/Net Increase in Cash and Cash Equivalents
Efek Perubahan Nilai Kurs
11.263 (201) 11.464 (5.703,5)
Effect of Exchange Rate Changes
Saldo Kas dan Setara Kas Pada Awal Tahun
677.717 262.302 415.415 158,4
Cash and Cash Equivalents Balance at Beginning of Year
Saldo Kas dan Setara Kas Pada Akhir Tahun
655.191 677.717 (22.526) (3,3)
Cash and Cash Equivalents Balance at End of Year
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Arus Kas Dari Aktivitas Operasi Cash Flow From Operating Activities
Pada tahun 2024 Perseroan mencatatkan jumlah Arus In 2024, the Company recorded a Net Cash Flow from
Kas Bersih yang Diperoleh dari Aktivitas Operasi Operating Activities of USD258,284 thousand.
sebesar USD258.284 ribu. Jumlah tersebut naik This amount increased by USD3,094 thousand or 1.2%
USD3.094 ribu atau 1,2% dari tahun 2023 yang from 2023 which was USD255,190 thousand.
sebesar USD255.190 ribu.
Kenaikan tersebut dipengaruhi oleh penerimaan kas The increase was driven by cash receipts from customers
dari pelanggan sebesar USD796.438 ribu, yang of USD796,438 thousand, consisting of receipts
terdiri dari penerimaan yang diperoleh dari penjualan obtained from the sales of electricity and steam to PLN
listrik dan uap kepada PLN dan PT Indonesia Power, and PT Indonesia Power, cash receipts from interest
penerimaan kas atas pendapatan bunga senilai income of USD36,559 thousand, Cash receipts from/
USD36.559 ribu, penerimaan kas dari/antar anak between subsidiaries of USD4,437 thousand, and cash
perusahaan sebesar USD4.437 ribu, serta penerimaan receipts from other operating activities of USD4,063
kas atas aktivitas operasi lainnya senilai thousand.
USD4.063 ribu.
Jumlah tersebut dikurangi dengan pembayaran kas This amount was reduced by cash payments to suppliers
kepada pemasok sebesar USD478.244 ribu, yang of USD478,244 thousand, consisting of payments to
terdiri atas pembayaran kepada Kontraktor KOB dan JOC Contractors and other suppliers. Additionally,
pemasok lainnya. Selain itu terdapat pula pembayaran there were also cash payments for income tax of
kas untuk pajak penghasilan sebesar USD71.398 ribu USD71,398 thousand which mainly consisted of taxes
yang terutama terdiri atas pajak terutang kepada owed to the Government, cash payments to employees
Pemerintah, pembayaran kas kepada karyawan of USD32,363 thousand consisting of salaries, wages,
sebesar USD32.363 ribu yang terdiri atas gaji, upah, bonuses, travel expenses, and other incentives, as well
bonus, biaya perjalanan, dan insentif lainnya, serta as insurance premium payments and additional
pembayaran premi asuransi dan penambahan kas restricted cash totaling USD1,208 thousand.
yang dibatasi penggunaannya sebesar total
USD1.208 ribu.
Arus Kas Dari Aktivitas Investasi Cash Flow From Investing Activities
Jumlah Arus Kas Bersih yang Digunakan untuk Aktivitas The amount of Net Cash Flow Used for Investing
Investasi pada tahun 2024 mencapai USD100.934 Activities in 2024 reached USD100,934 thousand, up
ribu, naik USD22.454 ribu, atau 29% dari tahun 2023 USD22,454 thousand, or 29% from 2023 which
yang mencapai USD78.480 ribu. reached USD78,480 thousand.
Kenaikan tersebut dipengaruhi oleh penerimaan The increase was influenced by the receipt of dividends
dividen sebesar USD2.574 ribu atas RUPS tahun buku of USD2,574 thousand from the GMS 2022 financial
2022 yang diperoleh dari investasi PHE Tomori dan year obtained from PHE Tomori and PHE Salawati
PHE Salawati Basin. Basin investments.
Jumlah tersebut dikurangi dengan pembayaran kas This amount was reduced by cash payments for fixed
untuk investasi penambahan aset tetap sebesar asset addition investments of USD103,408 thousand,
USD103.408 ribu, dan investasi pada ventura bersama and investments in joint ventures of USD100 thousand.
sebesar USD100 ribu.
Arus Kas Dari Aktivitas Pendanaan Cash Flow From Financing Activities
Jumlah Arus Kas Bersih yang Digunakan untuk Aktivitas The amount of Net Cash Flow Used for Financing
Pendanaan pada tahun 2024 mencapai pembayaran Activities in 2024 reached USD191,139 thousand
USD191.139 ribu, turun USD430.045 ribu, atau 180% payments, down USD430,045 thousand, or 180%
dari posisi pada tahun 2023 sebesar from the position in 2023 of USD241,090 thousand.
USD238.906 ribu.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 257
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03 ANALISA DAN PEMBAHASAN MANAJEMEN
MANAGEMENT DISCUSSION AND ANALYSIS
Penurunan tersebut dipengaruhi oleh penerimaan dari The decrease was influenced by the receipt of shares
penerbitan saham program MESOP sebesar issuance of the MESOP program amounting to
USD4.752 ribu. USD4,752 thousand.
Jumlah tersebut dikurangi dengan pembayaran kas This amount was reduced by cash payment for dividends
atas dividen RUPS tahun buku 2023 sebesar of the 2023 GMS amounting to USD128,400
USD128.400 ribu, pembayaran beban bunga sebesar thousand, payment of interest expense amounting to
USD50.596 ribu, serta pembayaran cicilan pokok USD50,596 thousand, and payment of principal
pinjaman ke Pertamina sebesar USD14.973 ribu, dan installments of loans to Pertamina amounting to
terkait sewa pembiayaan USD1.922 ribu. USD14,973 thousand, and related to finance leases of
USD1,922 thousand.
Rasio Keuangan Konsolidasian
Consolidated Financial Ratios
Rasio Keuangan Konsolidasian (dalam %)
Consolidated Financial Ratios (in %)
Pertumbuhan/
(Penurunan)
Uraian Growth/(Decrease)
2024 2023
Description
%
Arus Kas Dari Aktivitas Operasi
Cash Flow From Operating Activities
Imbalan Balik Atas Aset
5,35 5,52 (3,09)
Return on Assets
Imbal Balik Atas Modal
7,98 8,30 (3,83)
Return on Capital
Margin Laba Usaha
51,65 55,64 (7,17)
Operating Profit Margin
Margin Laba Bersih
39,37 40,26 (2,20)
Net Profit Margin
Rasio Likuiditas
Liquidity Ratio (%)
Rasio Kas
288,26 277,63 3,83
Cash Ratio
Rasio Lancar
364,53 353,65 3,08
Current Ratio
Rasio Solvabilitas
Solvency Ratio (%)
Rasio Modal Terhadap Total Aset
67,02 66,50 0,77
Capital to Total Assets Ratio
Time Interest Earned Ratio (kali)
7,07 9,16 (22,78)
Time Interest Earned Ratio
Rasio Perputaran (Hari)
Turnover Ratio (days)
Collection Period *) 58,25 61,91 (5,91)
Perputaran Total Aset
0,14 0,15 (8,57)
Total Assets Turnover
*Collection period dihitung berdasarkan total
pendapatan usaha dibandingkan total piutang
usaha sendiri (tidak termasuk piutang usaha
passthrough atas kontraktor KOB)
*The collection period is calculated based on
total operating revenue compared to total own
accounts receivable (excluding passthrough
accounts receivable for JOC contractors)
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KEMAMPUAN MEMBAYAR UTANG DAN
KOLEKTIBILITAS
ABILITY TO PAY DEBT AND COLLECTIBILITY
Kemampuan Perseroan membayar utang baik jangka The Company's ability to pay both short-term and long-
pendek maupun jangka panjang, dapat dilihat melalui term debts can be seen through the Liquidity Ratio and
nilai Rasio Likuiditas dan Rasio Solvabilitas. Nilai Rasio Solvency Ratio values. The Liquidity Ratio value shows
Likuiditas menunjukkan kemampuan dalam memenuhi the ability to meet short-term liabilities, which are
liabilitas jangka pendek, yang diukur melalui Rasio Kas measured through the Cash Ratio and Current Ratio.
dan Rasio Lancar.
Rasio Kas dihitung dengan cara membandingkan kas The Cash Ratio is calculated by comparing the cash
yang dimiliki dengan jumlah liabilitas jangka pendek. held with the amount of short-term liabilities. Meanwhile,
Sementara Rasio Lancar dihitung dengan cara the Current Ratio is calculated by comparing the
membandingkan jumlah aset lancar dengan jumlah amount of current assets with the amount of short-term
liabilitas jangka pendek. liabilities.
Kemampuan Membayar Utang Ability to Pay Short-Term Debts
Jangka Pendek (Rasio Likuiditas) (Liquidity Ratio)
Rasio Kas tahun 2024 mencapai 288,26%, naik The Cash Ratio in 2024 reached 288.25%,
dibandingkan tahun 2023 yang sebesar 277,63%. up compared to 2023 which was 277.63%. Meanwhile,
Sedangkan Rasio Lancar tahun 2024 mencapai the Current Ratio in 2024 reached 364.53%, down
364,53%, turun dari tahun 2023 yang sebesar from 2023 which was 353.65%. This ratio shows that
353,65%. Rasio tersebut menunjukkan Perseroan the Company has the ability to pay its short-term debts
memiliki kemampuan untuk membayar utang jangka very well.
pendeknya dengan sangat baik.
Kemampuan Membayar Utang Jangka Pendek (Rasio Likuiditas)
Short-Term Debt Repayment Ability (Liquidity Ratio)
Pertumbuhan/
(Penurunan)
Growth/
Uraian (Decrease)
2024 2023
Description
%
Rasio Kas (%)
288,26% 277,63% 3,83
Cash Ratio (%)
Rasio Lancar (%)
364,53% 353,65% 3,08
Current Ratio (%)
2024 Annual Report PT Pertamina Geothermal Energy Tbk 259
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03 ANALISA DAN PEMBAHASAN MANAJEMEN
MANAGEMENT DISCUSSION AND ANALYSIS
Kemampuan Membayar Utang Long-Term Debt Payment Ability
Jangka Panjang (Solvency Ratio)
(Rasio Solvabilitas)
Rasio Solvabilitas menunjukkan kemampuan Perseroan The Solvency Ratio shows the Company's ability to pay
dalam membayar kewajiban-kewajibannya, yang its obligations, which is measured through:
diukur melalui:
• Rasio Liabilitas Terhadap Ekuitas yang dihitung • Liability to Equity Ratio which is calculated by
dengan cara membandingkan jumlah liabilitas comparing the amount of liabilities with the amount
dengan jumlah ekuitas. of equity.
• Rasio Liabilitas terhadap Aset yang dihitung • Liability to Asset Ratio which is calculated by
dengan cara membandingkan jumlah liabilitas comparing the amount of liabilities with the amount
dengan jumlah aset. of assets.
Nilai Rasio Solvabilitas Perseroan tahun 2024 The Company's Solvency Ratio value in 2024 shows an
menunjukkan peningkatan, yang dipengaruhi oleh increase, which is driven by the increase in the value of
meningkatnya nilai aset dan ekuitas. assets and equity.
Kemampuan Membayar Utang Jangka Panjang (Rasio Solvabilitas)
Long-Term Debt Repayment Ability (Solvency Ratio)
Uraian
2024 2023
Description
Rasio Liabilitas terhadap Ekuitas
49,22% 50,37%
Liability to Equity Ratio
Rasio Liabilitas terhadap Aset
32,98% 33,50%
Liability to Asset Ratio
Tingkat Kolektibilitas Piutang Receivables Collectibility Level
Perseroan tidak memisahkan perhitungan tingkat The Company does not separate the calculation of
kolektibilitas piutang jangka panjang dan jangka long-term and short-term receivables collectibility
pendek. Tingkat Kolektibilitas Piutang Perseroan tahun levels. The Company's Receivables Collectibility Level
2024 adalah 58,25 hari, berkurang dari tahun 2023 in 2024 is 58.25 days, down from 2023 which reached
yang mencapai 61,91 hari. 61.91 days.
Tingkat Kolektibilitas Piutang
Receivables Collectibility Level
Uraian
2024 2023
Description
Periode Pengumpulan (hari)
58,25 61,91
Collection Period (day)
Perputaran Total Aset (%)
13,66 14,94
Total Asset Turnover (%)
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STRUKTUR MODAL DAN KEBIJAKAN ATAS
STRUKTUR MODAL
CAPITAL STRUCTURE AND CAPITAL STRUCTURE POLICY
Tabel Struktur Modal Perseroan (dalam USD ribu)
Table of Company Capital Structure (in USD thousand)
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2024 2023
Description
USD %
Liabilitas
Liability
Liabilitas Jangka Pendek
227.296 244.104 (16.808) (6,89)
Short Term Liabilities
Liabilitas Jangka Panjang
761.354 748.781 12.573 1,68
Long Term Liabilities
Jumlah Liabilitas
988.650 992.885 (4.235) (0,43)
Total Liabilities
Ekuitas
2.008.752 1.971.256 37.496 1,90
Equity
Modal Kerja
601.260 619.174 (17.915) 2,89
Working capital
Kebijakan dan Analisa Pencapaian Policy and Analysis of Capital
Realisasi Struktur Modal Structure Realization Achievement
Perseroan merupakan bagian dari Subholding Power The Company is part of Pertamina's Subholding Power
and New Renewable Energy (PNRE) Pertamina. and New Renewable Energy (PNRE). Thus, the capital
Dengan demikian rencana permodalan disusun plan is prepared based on the approval of PT Pertamina
berdasarkan persetujuan PT Pertamina (Persero) (Persero) as Shareholder, with reference to the
sebagai Pemegang Saham, dengan merujuk pada Company's Articles of Association.
Anggaran Dasar Perseroan.
Perseroan menerapkan kebijakan struktur modal The Company implements a capital structure policy by
dengan memperkuat Ekuitas. Hingga 31 Desember strengthening Equity. Until 31 December 2024, the
2024, perbandingan antara Liabilitas dan Ekuitas ratio between Liabilities and Equity in the capital
dalam struktur modal adalah 33:67 Perbandingan structure is 33:67. This ratio has not changed from
tersebut tidak berubah dari tahun 2023, yakni 33:67, 2023, which is 33:67, which shows that the Company
yang menunjukkan bahwa Perseroan menjalankan runs its business using capital sourced from equity.
usaha menggunakan modal yang bersumber dari
ekuitas.
IKATAN MATERIAL UNTUK INVESTASI
BARANG MODAL
MATERIAL COMMITMENTS FOR CAPITAL GOODS
INVESTMENT
Sepanjang tahun 2024, Perseroan tidak memiliki ikatan Throughout 2024, the Company did not have any
yang material untuk investasi barang modal. material commitments for capital goods investment.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 261
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03 ANALISA DAN PEMBAHASAN MANAJEMEN
MANAGEMENT DISCUSSION AND ANALYSIS
REALISASI INVESTASI BARANG MODAL
CAPITAL GOODS INVESTMENT REALIZATION
Selama tahun 2024, Perseroan memiliki kegiatan During 2024, the Company had capital goods
investasi barang modal yang menjadi bagian dari investment activities that were part of its exploration
komitmen eksplorasi. Realisasi investasi barang modal commitment. The Company's capital goods investment
Perseroan tahun 2024 mencapai USD179,94 juta realization in 2024 reached USD179.94 million which
yang ditujukan untuk menunjang operasional Perseroan. was intended to support the Company's operations.
INFORMASI DAN FAKTA MATERIAL
SETELAH TANGGAL LAPORAN AKUNTAN
MATERIAL INFORMATION AND FACTS AFTER THE
ACCOUNTANT’S REPORT DATE
Tidak terdapat informasi dan fakta material yang There were no material information and facts that
terjadi setelah terbitnya Laporan Keuangan yang telah occurred after the date of the publication of the audited
diaudit. Financial Report.
PERNYATAAN KEPATUHAN MEMBAYAR
PAJAK
TAX COMPLIANCE STATEMENT
Setiap tahun Perseroan melakukan pembayaran pajak Every year, the Company makes tax payments including
yang meliputi Pajak Penghasilan (PPh) Potong/Pungut, Income Tax (PPh) Withholding/Collection, Value
Pajak Pertambahan Nilai (PPN), Pajak Bumi dan Added Tax (PPN), Land and Building Tax (PBB), and
Bangunan (PBB), dan pajak daerah lainnya, dalam other regional taxes, within the time period in
jangka waktu sesuai ketentuan perpajakan yang accordance with applicable tax provisions.
berlaku.
Dalam periode pelaporan, Perseroan telah In the reporting period, the Company has submitted tax
menyampaikan dokumen pelaporan pajak, seperti reporting documents, such as the Annual Tax Return
Surat Pajak Tahunan (SPT) Masa atas PPh dan PPN, (SPT) for Income Tax and PPN, Annual Corporate
SPT Tahunan PPh Badan, serta dokumen kewajiban Income Tax Return, and other tax obligation documents
perpajakan lainnya kepada otoritas perpajakan yang to the authorized tax authorities within the time period
berwenang dalam jangka waktu sesuai ketentuan in accordance with applicable tax provisions with a
perpajakan yang berlaku dengan total pembayaran total tax payment of Rp1,458,126,648,934.
pajak sebesar Rp1.458.126.648.934.
Jenis Kontribusi Total Kontribusi (Rp)
Types of Contributions Total Contributions (Rp)
A.Pajak
A.Taxes
1 Pajak Penghasilan (PPh)
347.370.148.840
Income Tax (PPh)
2 Pajak Pertambahan Nilai (PPN) dan Pajak Penjualan atas Barang Mewah (PPnBM)
50.979.135
Value Added Tax (VAT) and Luxury Goods Tax (LGT)
3 Bea Masuk/Keluar, Bea & Cukai, dan Bea Materai
11.628.982.969
Customs Duties, Excise, and Stamp Duty
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Jenis Kontribusi Total Kontribusi (Rp)
Types of Contributions Total Contributions (Rp)
4 Pajak Pemerintah Pusat Lainnya (SKP/STP)
2.379.444.223
Other Central Government Taxes (SKP/STP)
Total Kontribusi Pajak (Total A)
361.429.555.167
Total Tax Contributions (Total A)
B.Penerimaan Negara Bukan Pajak (PNBP)
B. Non-Tax State Revenues (PNBP)
1 Dividen
-
Dividend
2 PNBP Lainnya
1.096.697.093.767
Other PNBP
Total Kontribusi PNBP (Total B)
1.096.697.093.767
Total Non-Tax State Revenue Contributions (Total B)
Total Kontribusi Kepada Negara (Total A dan B)
1.458.126.648.934
Total Contributions to the State (Total A and B)
PERBANDINGAN TARGET AWAL TAHUN
BUKU DENGAN HASIL YANG DICAPAI
(REALISASI)
COMPARISON OF INITIAL FINANCIAL YEAR TARGETS WITH
ACHIEVED RESULTS (REALIZATION)
Perseroan telah menetapkan Rencana Kerja dan The Company has set the Company Work Plan and
Anggaran Perusahaan (RKAP) untuk tahun buku 2024 Budget (RKAP) for the 2024 financial year based on
berdasarkan Keputusan Pemegang Saham Secara the Circular Shareholders' Resolution on the 2024
Sirkuler tentang RKAP Tahun 2024, yang juga berisi RKAP, which also contains performance targets for the
target-target kinerja untuk tahun buku 2024. Asumsi 2024 financial year. The Rp/USD exchange rate
nilai tukar mata uang IDR/USD yang digunakan dalam assumption used in preparing the projection is
menyusun proyeksi adalah Rp15.000, seperti yang Rp15,000, as determined by PT Pertamina (Persero).
telah ditetapkan oleh PT Pertamina (Persero).
Perbandingan Kinerja Keuangan Comparison of Financial
Antara Target Awal Tahun Buku Performance Between Initial
2024 Dan Hasil Dicapai (Realisasi), Financial Year 2024 Targets and
Serta Perbandingannya Dengan Achieved Results (Realization), and
Realisasi Tahun Buku 2023 Comparison with Realization of the
2023 Financial Year
Pendapatan Usaha Perseroan tahun 2024 terealisasi The Company's 2024 Operating Revenue was realized
USD407.120 ribu atau 103,4% dari RKAP, ditopang at USD407,119 thousand or 103.4% of the RKAP,
oleh tingginya realisasi pendapatan operasi sendiri sustained by the high realization of its own operating
akibat optimasi load factor dan percepatan hari income due to load factor optimization and acceleration
maintenance PLTP serta tingginya realisasi production of PLTP maintenance days as well as the high realization
allowance. Sementara Laba Bersih Perseroan tahun of production allowance. Meanwhile, the Company's
2024 mengalami penurunan year-on-year (YoY) Net Profit in 2024 saw a year-on-year (YoY) decline
disebabkan oleh pembebanan biaya konsultan due to the burden of acquisition consultant fees and
acquisition dan biaya Management and Employee Management and Employee Stock Option Program
Stock Option Program (MESOP). (MESOP) fees.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 263
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03 ANALISA DAN PEMBAHASAN MANAJEMEN
MANAGEMENT DISCUSSION AND ANALYSIS
2024 2023
Uraian Realisasi Realisasi
Description RKAP RKAP
(USD Ribu) (USD Ribu)
(USD Ribu) (USD Ribu)
Realization Realization
(USD Thousand) (USD Thousand)
(USD Thousand) (USD Thousand)
Pendapatan Usaha
393.732 407.120 380.831 406.288
Operating Revenue
Beban Usaha
(198.875) (196.849) (185.479) (180.233)
Operating Expenses
Laba Usaha
194.857 210.271 195.352 226.055
Operating Profit
EBITDA 343.706 324.512 353.976 332.416
Perbandingan Target dan Realisasi Comparison of Target and Sales
Penjualan Realization
Pencapaian penjualan pada tahun 2024 terealisasi Sales achievement in 2024 was realized at
USD390.531 ribu atau 103,44% dari RKAP, dengan USD390,531 thousand or 103.44% of the RKAP, with
kontribusi terbesar berasal dari Area Kamojang sebesar the largest contribution coming from the Kamojang
USD147.765 ribu. Area of USD147,765 thousand.
Perbandingan Target dan Realisasi Penjualan
Comparison of Target and Sales Realization
Uraian RKAP 2024 (USD ribu) Realisasi (USD ribu) Pencapaian terhadap RKAP
Description (USD thousand) Realization (USD thousand) Achievement against RKAP (%)
Area Kamojang 140.308 147.765 105,31
Area Lahendong 77.661 79.798 102,75
Area Ulubelu 115.417 114.163 98,91
Area Karaha 9.008 8.684 96,40
Area Lumut Balai 35.157 40.122 114,12
Penjualan Total
(Penjualan Operasi Sendiri) 377.551 390.531 103,44
Total Sales (Own Operation Sales)
Perbandingan Target dan Realisasi Comparison of Target and
Produksi Realization of Production
Produksi Perseroan sepanjang tahun 2024 terealisasi The Company's production throughout 2024 was
4.827,22 GWh atau 104,66% dari RKAP, didukung realized at 4,827.22 GWh or 104.66% of the RKAP,
oleh optimasi load factor PLTP dan percepatan hari fueled by optimization of the PLTP load factor and
maintenance PLTP. acceleration of PLTP maintenance days.
Tabel Perbandingan Target dan Realisasi Produksi
Comparison Table of Target and Production Realization
Pencapaian
Realisasi
Uraian RKAP 2024 terhadap RKAP
Realization
Description (GWh) Achievement against
(GWh)
RKAP (%)
Produksi Operasi Sendiri (GWh) PLTP (Produksi Uap)
2.227,67 2.383,57 107,00
Own Operations Production GPP (Steam Production)
(GWh)
PLTP (Produksi Listrik)
2.384,16 2.443,65 102,50
GPP (Electricity Production)
Total 4.611,82 4.827,22 104,67
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Tabel Perbandingan Target dan Realisasi Produksi
Tabel Perbandingan Target dan Realisasi Produksi
Realisasi 2024
Pencapaian
(GWh)
Uraian RKAP 2024 terhadap RKAP
Realization 2024
Description (GWh) Achievement against
(GWh)
RKAP (%)
Area Kamojang
1.624,72 1.784,44 109,83
Kamojang Area
Area Lahendong
844.45 872.34 103,30
Lahendong Area
Area Ulubelu
1.619,81 1.593,69 98,39
Ulubelu Area
Area Karaha
98,64 94,67 95,97
Karaha Area
Area Lumut Balai
424,21 482,06 113,64
Lumut Balai Area
Penjualan Total
4.611,82 4.827,22 104,67
Total Sales
Perbandingan Posisi Keuangan Antara Target Awal Tahun Buku 2024 dan
Realisasi, dan Perbandingannya Dengan Realisasi Tahun Buku 2023
Comparison of Financial Position Between Initial Target for Financial Year 2024 and
Realization, and Comparison with Realization for Financial Year 2023
2024 2023
Uraian RKAP Realisasi Realisasi
Description RKAP
(USD Ribu) (USD Ribu) (USD Ribu)
(USD Ribu)
(USD Thousand) Realization Realization
(USD Thousand)
(USD Thousand) (USD Thousand)
Aset
Asset
Aset Lancar
505.868 828.555 907.522 863.278
Current Assets
Aset Tidak Lancar
2.523.038 2.168.847 2.161.848 2.100.863
Non-Current Assets
Jumlah Aset
3.028.906 2.997.402 3.069.370 2.964.141
Total Assets
Liabilitas
Liability
Liabilitas Jangka Pendek
198.127 227.296 217.534 244.104
Short-Term Liabilities
Liabilitas Jangka Panjang
809.751 761.354 785.795 748.781
Long-Term Liabilities
Jumlah Liabilitas
1.007.877 988.650 1.003.329 992.885
Total Liabilities
Ekuitas
Equity
Jumlah Ekuitas
2.021.029 2.008.752 2.066.041 1.971.256
Total Equity
Jumlah Liabilitas dan Ekuitas
3.028.906 2.997.402 3.069.370 2.964.141
Total Liabilities and Equity
2024 Annual Report PT Pertamina Geothermal Energy Tbk 265
Page 266
03 ANALISA DAN PEMBAHASAN MANAJEMEN
MANAGEMENT DISCUSSION AND ANALYSIS
PROSPEK USAHA
BUSINESS OUTLOOK
Pemerintah berkomitmen mewujudkan Asta Cita atau The Government is committed to realizing President
visi misi Presiden Prabowo dalam mewujudkan Prabowo's vision and mission, known as Asta Cita, to
ketahanan dan swasembada energi, melalui achieve energy resilience and self-sufficiency through
peningkatan proporsi EBT dalam bauran energi the increased proportion of NRE in the national energy
nasional dengan panas bumi sebagai andalan utama. mix with geothermal as the mainstay.
Menteri ESDM Bahlil Lahadalia pada bulan Desember In December 2024, Minister of Energy and Mineral
2024 menyatakan akan memaksimalkan pemanfaatan Resources Bahlil Lahadalia stated that he would
panas bumi sebagai sumber energi yang ramah maximize the use of geothermal energy as an
lingkungan dan memiliki tingkat keandalan tinggi, environmentally friendly energy source with a high
mengingat Indonesia memiliki potensi panas bumi yang level of reliability, considering that Indonesia has a
sangat besar hingga 23,6 GW, nomor dua terbesar di very large geothermal potential of up to 23.6 GW, the
dunia setelah Amerika Serikat. second largest in the world behind the United States.
Agar rencana tersebut dapat terlaksana, serta untuk In order for this plan to be implemented, and to support
mendukung tercapainya percepatan hilirisasi sumber the achievement of accelerated downstreaming of
daya alam, Pemerintah Indonesia telah mengambil natural resources, the Indonesian Government has taken
langkah strategis dengan membentuk Satuan Tugas strategic steps by establishing a Task Force for the
Percepatan Hilirisasi dan Ketahanan Energi Nasional Acceleration of Downstreaming and National Energy
melalui Keputusan Presiden No. 1 Tahun 2025. Resilience through Presidential Decree No. 1 of 2025.
Keputusan ini dilatarbelakangi oleh kebutuhan untuk This decision was motivated by the need to align
menyelaraskan kebijakan di berbagai sektor, policies in various sectors, ensure land availability, and
memastikan ketersediaan lahan, dan menyelesaikan resolve various obstacles in a coordinated manner
berbagai hambatan yang ada secara terkoordinasi between Ministries/Institutions and Regional
antara Kementerian/lembaga dan Pemerintah Daerah. Governments. The Ministry of Energy and Mineral
Kementerian ESDM juga berencana untuk mendorong Resources also plans to encourage the development of
perkembangan industri geotermal melalui berbagai the geothermal industry through various incentives,
insentif, seperti mempercepat proses perizinan dan such as accelerating the licensing process and
pengoperasian pembangkit sebagai sweetener bagi operating power plants as a sweetener for investors.
investor.
Melihat berbagai faktor di atas, PGE optimis bahwa Given the various factors above, PGE is optimistic that
dukungan Pemerintah akan mendukung pertumbuhan the Government support will drive the growth of the
industri panas bumi dan prospek pertumbuhan usaha geothermal industry and the Company's business
Perseroan di masa mendatang. Selain itu, pertumbuhan growth prospects in the future. Additionally, positive
ekonomi domestik yang positif juga akan mendorong domestic economic growth will also drive energy
permintaan energi, termasuk dari EBT seperti panas demand, including from NRE such as geothermal.
bumi.
Menurut data Kementerian ESDM, hingga akhir tahun Data from the Ministry of Energy and Mineral Resources
2024 kontribusi listrik yang dihasilkan dari panas bumi revealed that by the end of 2024 the contribution of
telah mencapai 5,3% dari total bauran energi nasional, electricity generated from geothermal energy has
atau sekitar 40% dari bauran EBT. Dengan demikian, reached 5.3% of the total national energy mix, or
energi panas bumi telah berperan penting dalam around 40% of the renewable energy mix. Thus,
mendukung upaya dekarbonisasi sektor geothermal energy has played a crucial role in
ketenagalistrikan di Indonesia. supporting efforts to decarbonize the electricity sector
in Indonesia.
Kapasitas PLTP terpasang sejak tahun 2014 telah The installed capacity of PLTP since 2014 has increased
meningkat sebesar 1,2 GW, sehingga total kapasitas by 1.2 GW, making the total installed capacity of
terpasang panas bumi Indonesia kini mencapai 2,6GW Indonesia's geothermal energy now reaching 2.6 GW
atau setara 11% dari total potensi panas bumi or equivalent to 11% of Indonesia's total geothermal
Indonesia. potential.
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Peningkatan Manfaat Panas Bumi Increasing Geothermal Benefits
(Beyond Energy)
Dalam menjalankan usaha ke depan, Perseroan akan In running the business going forward, the Company
tetap berfokus pada tiga strategi utama yaitu will continue to focus on three key strategies, namely
“Geothermal Development, Downstream Industry, dan "Geothermal Development, Downstream Industry,
Green by-Product and Industrial Estate”, dengan Green by-Product and Industrial Estate", by encouraging
mendorong pertumbuhan kapasitas di dalam negeri domestic capacity growth (organic growth), seizing
(organic growth), menangkap peluang-peluang prospective inorganic expansion opportunities, and
ekspansi anorganik yang prospektif, serta melakukan increasing geothermal benefits or Beyond Energy.
peningkatan manfaat panas bumi atau Beyond Energy.
PGE melihat potensi energi panas bumi yang belum PGE sees the potential for geothermal energy that has
termanfaatkan sepenuhnya di negara-negara di dunia not been fully utilized in countries in the world that
yang memiliki cadangan dan pengembangan panas have proven geothermal reserves and development,
bumi yang terbukti, serta memiliki relasi Pemerintah and have strong government relations with Indonesia
yang kuat dengan Indonesia akan pemanfaatan energi for the leverage of geothermal energy. Examples
panas bumi. Contohnya seperti Amerika Serikat, New include the United States, New Zealand, Kenya,
Zealand, Kenya, Turkiye, Filipina, dan Meksiko, yang Turkiye, the Philippines, and Mexico, which serve as
dapat menjadi peluang bagi Perseroan untuk opportunities for the Company to encourage business
mendorong pertumbuhan bisnis melalui Merger & growth through Merger & Acquisition (M&A).
Acquisition (M&A).
Perseroan juga tengah melakukan riset pengembangan The Company is also conducting research into the
berbagai usaha produk turunan panas bumi seperti development of various geothermal derivative product
green hydrogen, methanol, silica, pemanfaatan listrik businesses such as green hydrogen, methanol, silica,
geotermal secara off-grid untuk data center, High off-grid utilization of geothermal electricity for data
Performance Computing (HPC), dan beberapa produk centers, High Performance Computing (HPC), and
lainnya yang diharapkan dapat menjadi sumber several other products that are expected to become
pendapatan baru bagi PGE di masa depan. Selain itu, new sources of income for PGE in the future.
PGE juga telah masuk ke dalam bisnis penunjang Additionally, PGE has also entered into the geothermal
geotermal yaitu Layanan Analisis Laboratorium Panas supporting business, namely Geothermal Laboratory
Bumi dan manufaktur heat exchanger. Analysis Services and heat exchanger manufacturing.
Ke depannya, Perseroan berkomitmen membangun Going forward, the Company is committed to building
ekosistem dan infrastruktur geotermal, seperti a geothermal ecosystem and infrastructure, such as
membangun pabrik komponen mesin geotermal yang building a geothermal engine component factory that
tidak hanya akan menjadi sumber pendapatan baru will not only become a new source of income for PGE,
bagi PGE, namun juga dapat mendorong but can also drive the development of the Indonesian
perkembangan industri dan perekonomian Indonesia. industry and economy.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 267
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03 ANALISA DAN PEMBAHASAN MANAJEMEN
MANAGEMENT DISCUSSION AND ANALYSIS
TARGET ATAU PROYEKSI UNTUK SATU
TAHUN MENDATANG
TARGETS OR PROJECTIONS FOR THE NEXT YEAR
Komitmen Pemerintah untuk meningkatkan bauran EBT The Government's commitment to increasing the NRE
khususnya panas bumi, serta proyeksi pertumbuhan mix, especially geothermal, as well as positive
ekonomi yang positif, berpotensi mendukung kinerja economic growth projections, have the potential to
Perseroan dalam setahun mendatang. drive the Company's performance in the coming year.
Pemerintah melalui Kementerian Keuangan memasang The Government through the Ministry of Finance has
target proyeksi pertumbuhan hingga 5,2% pada 2025, set a growth projection target of up to 5.2% in 2025,
seperti yang ditetapkan dalam APBN 2025. Sementara as stipulated in the 2025 State Budget. Meanwhile,
International Monetary Fund (IMF) dalam World the International Monetary Fund (IMF) in the World
Economic Outlook edisi Oktober 2024 memproyeksikan Economic Outlook October 2024 edition projects
pertumbuhan ekonomi Indonesia sebesar 5,1%. Indonesia's economic growth at 5.1%.
Perseroan telah menetapkan proyeksi untuk satu tahun The Company has set projections for the next year
mendatang melalui RKAP tahun 2025 sebagai berikut: through the 2025 RKAP as follows:
Proyeksi Operasional
Operational Projections
Uraian Realisasi 2024
Target 2025
Description Realization 2024
Pemboran Eksplorasi
Exploration Drilling
0 Sumur | Wells 9 Sumur | Wells
Pemboran Development & Make Up
Development & Make Up Drilling
6 Sumur | Wells 7 Sumur | Wells
Kerja Ulang Reparasi Sumur (KURS)
Workover Well Service (WOWS) 4 Sumur | Wells 1 Sumur | Wells
Proyeksi realisasi produksi operasional sendiri (own The projected realization of own operations production
operations) hingga akhir tahun 2025 mencapai until the end of 2025 will reach 4,929.54 GWh, driven
4.929,54 GWh, ditopang oleh tambahan kapasitas by additional installed capacity from the commercial
terpasang dari tanggal operasional komersial atau operation date (COD) of Lumut Balai Unit 2 Geothermal
Commercial Operation Date (COD) PLTP Lumut Balai Power Plant of 55 MW.
Unit 2 sebesar 55 MW.
Agar dapat mencapai target untuk satu tahun To achieve the target for the next year, the Company
mendatang, maka Perseroan akan menjalankan strategi will implement the following strategies:
sebagai berikut:
1. Memastikan tata waktu pelaksanaan program 1. Ensure the program implementation schedule is in
sesuai dengan tata waktu yang telah direncanakan. accordance with the planned schedule.
2. Memastikan anggaran pelaksanaan program 2. Ensure the program implementation budget does
tidak melebihi rencana anggaran. not exceed the budget plan.
3. Memastikan pekerjaan dan material yang 3. Ensure the work and materials provided are in
disediakan sesuai dengan spesifikasi yang accordance with the specifications specified in the
ditentukan dalam dokumen proyek. project document.
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4. Memastikan deliverable/return program sesuai 4. Ensure the program deliverable/return is in
dengan tujuan. accordance with the objectives.
5. Memastikan terpenuhinya pelaksanaan HSSE 5. Ensure the implementation of HSSE in every
dalam setiap program dan tahapan. program and stage is met.
Untuk tahun mendatang, Perseroan akan tetap For the coming year, the Company will continue to
melakukan pemantauan dan mengevaluasi peluang- monitor and evaluate inorganic expansion opportunities
peluang ekspansi anorganik di dalam maupun luar at home and abroad, especially in countries with
negeri khususnya di negara dengan relasi Government Government to Government (G to G) relations in the
to Government (G to G) di bidang energi dengan energy sector with Indonesia such as Kenya and Turkey,
Indonesia seperti Kenya dan Turkiye, maupun negara- as well as other countries that have proven geothermal
negara lain yang memiliki proven geothermal development.
development.
Proyeksi Pengembangan Proyek Project Development Projection
Untuk mencapai target peningkatan kapasitas To achieve the target of increasing installed capacity to
terpasang hingga >1 GW pada tahun 2028, Perseroan >1 GW in 2028, the Company continues to boost the
terus menggenjot proses pengembangan beberapa development process of several projects as follows:
proyek sebagai berikut:
Proyek Kapasitas Lokasi
No Target 2025
Project Capacity Location
Lahendong Unit 7 & 8 + Binary WKP Lahendong, Sulawesi Persiapan infrastruktur pemboran
1 40 + 10 MW
Unit 2 Utara | North Sulawesi Drilling infrastructure preparation
Pembebasan lahan tahap 2 atas
Fluid Collection and Reinjection
System (FEED FCRS )
2 Hululais Unit 1 & 2 110 MW WKP Hululais, Bengkulu Land acquisition stage 2 for Fluid
Collection and Reinjection System
(FEED FCRS)
WKP Lumut Balai &
Penyelesaian feasibility study
3 Lumut Balai Unit 3 55 MW Margabayur, Sumatera Selatan
Completion of feasibility study
| South Sumatra
WKP Gunung Way Panas, Pemboran sumur eksplorasi
4 Gunung Tiga 55 MW
Lampung Exploration well drilling
Persiapan aktivitas eksplorasi
5 Seulawah 70 MW WKP Seulawah Agam, Aceh
Preparation for exploration activities
WKP Kotamobagu, Sulawesi Pemboran sumur eksplorasi
6 Kotamobagu Unit 1 & 2 50 MW
Utara | North Sulawesi Exploration well drilling
Penyusunan Notice of Resource
Confirmation (NORC)
7 Bukit Daun 30 MW WKP Hululais, Bengkulu
Preparation of Notice of Resource
Confirmation (NORC)
Proyek
No Target 2025
Project
Co-Generation Area Ulubelu (Lampung) 30 MW dan Area Lahendong Pendirian perusahaan patungan bersama PLN group
15 MW (Sulawesi Utara)
1
Co-Generation Ulubelu Area (Lampung) 30 MW and Lahendong Establishment of a joint venture company with PLN group
Area 15 MW (North Sulawesi)
Pengembangan produk turunan panas bumi (Beyond Energy) Penyelesaian feasibility study
2
Development of geothermal derivative products (Beyond Energy) Completion of feasibility study
2024 Annual Report PT Pertamina Geothermal Energy Tbk 269
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03 ANALISA DAN PEMBAHASAN MANAJEMEN
MANAGEMENT DISCUSSION AND ANALYSIS
Proyeksi Biaya Investasi
Investment Cost Projection
+77.25% (USD mn.)
Business Development
319
Non-Business Development
+16.20%
180
229
155
99
82
90
81
73
2023 2024 Target 2025
Perseroan telah menetapkan Rencana Anggaran Biaya The Company has set the 2025 Investment Cost Budget
Investasi (ABI) tahun 2025 sebesar USD318,94 juta Plan (ABI) at USD318.94 million, consisting of
yang terdiri dari ABI Business Development (BD) sebesar ABI Business Development (BD) of USD228.56 million
USD228,56 juta dan ABI Non Business Development and ABI Non Business Development (NBD)
(NBD) sebesar USD90,38 juta. of USD90.38 million.
Investasi ABI BD adalah investasi dalam rangka ABI BD investment is an investment to increase the
meningkatkan laba perusahaan, antara lain seperti company's profit, including the Lumut Balai Unit 2
proyek Lumut Balai Unit 2, Lahendong Unit 7&8, project, Lahendong Unit 7&8, Gunung Tiga Exploration,
Eksplorasi Gunung Tiga, dan proyek lainnya. and other projects. Meanwhile, ABI Non BD investment
Sedangkan Investasi ABI Non BD adalah investasi is an investment to maintain operational reliability,
dalam rangka mempertahankan keandalan operasi, company value, strategic objectives, and/or research,
value perusahaan, tujuan strategis, dan/atau riset, including ABI NBD Kamojang area, ABI NBD Ulubelu
antara lain seperti ABI NBD area Kamojang, ABI NBD area, ABI NBD Lahendong area, and other areas.
area Ulubelu, ABI NBD area Lahendong, dan area
lainnya.
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Proyeksi Pendapatan dan Laba
Revenue and Profit Projection
Target 2024 Target 2025
Uraian Realisasi 2024 % Pencapaian
(USD Ribu) (USD Ribu)
Description Realization 2024 % Achievement
(USD Thousand) (USD Thousand)
Pendapatan
Revenues
393.732 407.120 103,40% 426.461
Laba Bersih
Operating Profit
145.156 160.302 110,43% 148.270
Realisasi Laba Bersih PGE pada akhir Desember 2024 PGE's Net Profit realization at the end of December
melampaui ekspektasi, dengan kenaikan sebesar 2024 exceeded expectations, with an increase of
10,43% dibandingkan target RKAP 2024. Faktor yang 10.43% compared to the 2024 RKAP target. Factors
mendorong kenaikan laba bersih antara lain driving the increase in net profit include optimizing PLTP
optimalisasi pembangkitan (load factor) PLTP dan generation (load factor) and accelerating major
percepatan penyelesaian major maintenance di sisi maintenance completion on the revenue front, and
revenue, dan efektivitas penggunaan anggaran di sisi implementing effective budget use on the cost front,
biaya, serta didukung oleh optimalisasi pengelolaan and supported by optimizing the management of
dana yang tersimpan. stored funds.
Proyeksi Struktur Modal
Capital Structure Projection (dalam USD ribu)
(in thousand)
Pertumbuhan/(Penurunan)
Uraian Growth/(Decrease)
2024 2025
Description
USD %
Liabilitas
Liability
Liabilitas Jangka Pendek
227.296 267.052 39.756 17,5%
Short-Term Liabilities
Liabilitas Jangka Panjang
761.354 752.152 (9.202) (1,2%)
Long-Term Liabilities
Jumlah Liabilitas
988.650 1.019.204 30.554 3,1%
Total Liablities
Ekuitas
2.008.752 2.005.573 (3.179) (0,2%)
Equity
Modal Kerja
601.260 591.289 (9.971) (1,7%)
Working Capital
Proyeksi peningkatan Liabilitas Jangka Pendek didorong The projected increase in Short-Term Liabilities is driven
oleh peningkatan aktivitas investasi penambahan by increased investment activities to add installed
kapasitas terpasang dan program maintenance pada capacity and maintenance programs in 2025.
tahun 2025.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 271
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03 ANALISA DAN PEMBAHASAN MANAJEMEN
MANAGEMENT DISCUSSION AND ANALYSIS
ASPEK PEMASARAN DAN PANGSA PASAR
MARKETING ASPECTS AND MARKET SHARE
Energi panas bumi bersifat spesifik karena tidak dapat Geothermal energy is specific because it cannot be
dipindah atau disimpan, namun harus melalui moved or stored, but must be utilized locally (in-situ).
pemanfaatan lokal (in-situ). Hal tersebut memengaruhi This affects several factors, such as market capacity,
beberapa faktor, seperti kemampuan pasar, aspek business aspects, technical aspects, and established
bisnis, teknis, dan kebijakan yang ditetapkan. policies.
Aspek Pemasaran Marketing Aspects
Kekhususan produk yang dihasilkan menjadikan The specificity of the products produced makes the
pelanggan Perseroan saat ini hanya PT Perusahaan Company's current customers only PT Perusahaan Listrik
Listrik Negara (Persero) atau PLN. Dengan demikian, Negara (Persero) or PLN. Thus, the Company does not
Perseroan tidak melaksanakan program pemasaran carry out marketing or promotion programs freely and
atau promosi secara bebas dan terbuka, namun tetap openly, but still maintains the continuity of PJBU
menjaga kesinambungan PJBU dan PJBL dalam jangka and PJBL in the long term.
panjang.
Pangsa Pasar Market Share
Dengan total pengelolaan mencapai 12 WKP dan tiga With a total management of 12 WKPs and three IPB
wilayah kerja IPB, serta kapasitas terpasang PLTP yang work areas, and an installed capacity of PLTP own
dikelola sendiri sebesar 673 MW atau sekitar 32% operations of 673 MW or around 32% of the total
dari total kapasitas terpasang nasional 2.121 MW national installed capacity of 2,121 MW (based on
(berdasarkan publikasi kementerian ESDM), PGE the publication of the Ministry of EMR), PGE is the
menjadi pengelola panas bumi terbesar di dalam largest geothermal operator in the country and
negeri dan mengalami persaingan usaha yang terbatas experiences limited business competition with other
dengan IPP panas bumi lainnya. geothermal IPPs.
Per akhir tahun 2024, Perseroan telah berhasil By the end of 2024, the Company has successfully
menyelesaikan fase Mechanical Completion Fluid completed the Mechanical Completion Fluid Collection
Collection and Reinjection System (FCRS) proyek Lumut and Reinjection System (FCRS) phase of the Lumut Balai
Balai unit 2. Jumlah total kapasitas terpasang PGE Unit 2 project. PGE's total installed capacity reaches
mencapai 1.878 MW yang terdiri dari 673 MW yang 1,878 MW, consisting of 673 MW own operations,
dioperasikan sendiri, dan 1.205 MW dikelola melalui and 1,205 MW managed through JOC.
KOB.
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Survei Kepuasan Pelanggan Customer Satisfaction Survey
PGE terus membangun komunikasi dan hubungan baik PGE continues to build good communication and
dengan PLN, dengan menjamin pasokan listrik dan relations with PLN, by guaranteeing electricity supply
menjaga kualitas layanan yang diberikan. Perseroan and maintaining the quality of services provided.
melaksanakan survei kepuasan pelanggan minimal The Company conducts a customer satisfaction survey
satu kali setahun untuk mengetahui tingkat kepuasan at least once a year to determine the level of satisfaction
terkait produk, pelayanan, lingkungan dan hal penting related to products, services, the environment and
lainnya. other important matters.
Pada tahun 2024, survei kepuasan terhadap PLN In 2024, the satisfaction survey on PLN involved 134
melibatkan 134 responden yang memiliki tugas dan respondents who had duties and were related to the
berhubungan dengan direktorat Operation Perseroan, Company's Operations Directorate, both at the
baik di level operator maupun level manajerial. Dari operator and managerial levels. The survey results
hasil survei diketahui bahwa rerata Indeks Kepuasan showed that the average Customer Satisfaction Index
Pelanggan mencapai 96,67%, meningkat dibandingkan reached 96.67%, an increase compared to 2023
tahun 2023 yang sebesar 96,42%. which was 96.42%.
Indeks Kepuasan Pelanggan
Customer Satisfaction Index
96,67%
96,42%
96,13%
93,82%
Presentase Indeks Kepuasan
Percentage of Satisfaction Index
Maksimal | Maximum: 100%
91,85%
Tahun
Year
2020 2021 2022 2023 2024
2024 Annual Report PT Pertamina Geothermal Energy Tbk 273
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03 ANALISA DAN PEMBAHASAN MANAJEMEN
MANAGEMENT DISCUSSION AND ANALYSIS
Penanganan Pengaduan Pelanggan Customer Complaints Response
Perseroan menyediakan sarana pengaduan terkait Any complaints related to products and services can be
produk dan pelayanan yang diberikan melalui: sent to:
Kantor Pusat PT Pertamina Geothermal Energy Tbk Kantor Pusat PT Pertamina Geothermal Energy Tbk
Grha Pertamina - Tower Pertamax Lt. 7 Grha Pertamina - Tower Pertamax Lt. 7
Jl. Medan Merdeka Timur No. 11-13 Gambir, Jl. Medan Merdeka Timur No. 11-13 Gambir,
Jakarta Pusat 10110 Jakarta Pusat 10110
Telepon : (021) 3983 3222 Telephone : (021) 3983 3222
Surel : pcc@pertamina.com Email : pcc@pertamina.com
Kontak Pertamina : 135 Pertamina Contact : 135
Laporan pengaduan kemudian akan diteruskan kepada The complaint report will then be forwarded to the
Tim Backroom untuk dilakukan analisa terhadap Backroom Team for further analysis. Management of
keluhan tersebut. Pengelolaan keluhan pelanggan customer complaints refers to the Organizational Work
mengacu pada Tata Kerja Organisasi Penanganan Procedure for Customer Problems/Complaints Response
Permasalahan/Keluhan pelanggan No. B-003/ No. B-003/PGE212/2018-S9. Until the end of 2024,
PGE212/2018-S9. Hingga akhir tahun 2024 Perseroan the Company did not receive any complaints from
tidak menerima pengaduan apapun dari pelanggan. customers.
Alur Proses Penanganan Pengaduan Pelanggan
Process Flow of Customer Complaint Response
Identifikasi dan
Pemangku Kepentingan Keluhan Diterima Klarifikasi Masalah Eskalasi/Disposisi Klarifikasi Masalah
Stakeholder Complaints Received Problem Identification Escalation/ Disposition Classification of Problems
and Classification
Konfirmasi Solusi
Solusi Masalah Analisis Masalah
Masalah
Problem Solution Problem Analysis
Confirm Problem Solution
Improvement dan
Pencegahan Keluhan
Complaint Improvement
and Prevention
274 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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REALISASI PENGGUNAAN DANA HASIL
PENAWARAN UMUM
REALIZATION OF USE OF PROCEEDS FROM PUBLIC OFFERING
Perseroan melaksanakan IPO pada 20-22 Februari The Company conducted an IPO on 20-22 February
2023 dan berhasil meraih dana sebesar 2023 and successfully raised funds of
Rp9.056.250.000.000. Dana yang diperoleh dari Rp9,056,250,000,000. The funds obtained from the
IPO setelah dikurangi seluruh biaya-biaya emisi saham, IPO after deducting all share issuance costs,
sekitar 85% akan dialokasikan oleh Perseroan untuk approximately 85% will be allocated by the Company
pengembangan usaha hingga tahun 2025. for business development until 2025.
Kemudian sekitar 15% atau maksimal USD100.000.000 Then approximately 15% or a maximum of
digunakan Perseroan untuk pembayaran sebagian USD100,000,000 will be used by the Company for
Facilities Agreement tertanggal 23 Juni 2021 antara partial payment of the Facilities Agreement dated 23
Perseroan dengan Mandated Lead Arrangers, Kreditur June 2021 between the Company and the Mandated
Sindikasi Awal dari PT Bank Mandiri (Persero) Tbk Lead Arrangers, Initial Syndicated Creditors from
sebagai Facility Agent. PT Bank Mandiri (Persero) Tbk as Facility Agent.
Jenis Penggunaan Dana Rencana (IDR) Realisasi (IDR) Sisa Dana (IDR)
No.
Type of Use of Funds Plan (Rp) Realization (Rp) Remaining Funds (Rp)
1 Capital expenditure (CAPEX) atau investasi
pengembangan kapasitas tambahan WKP operasional
Perseroan saat ini yang dilakukan melalui
pengembangan konvesional dan utilisasi co-generation
technology.
6.373.877.707.912 1.902.113.665.521 4.471.764.042.391
Capital expenditure (CAPEX) or investment in developing
additional capacity in the Company's current operational
WKP which is carried out through conventional
development and utilization of co-generation technology.
2 Capital expenditure (CAPEX) atau investasi
pengembangan kemampuan digital, analitik, dan
manajemen reservoir untuk mendukung production,
operation & maintenance excellence.
869.165.141.988 869.162.649.607 2.492.381
Capital expenditure (CAPEX) or investment in developing
digital, analytical and reservoir management capabilities
to support production, operation & maintenance
excellence.
3 Pembayaran sebagai Facilities Agreement tertanggal 23
Juni 2024 antara Perseroan dengan Mandated Lead
Arrangers, Kreditur Sindikasi Awal dan PT Bank Mandiri
(Persero) Tbk sebagai Facility Agent.
1.530.100.000.000 1.530.100.000.000 -
Payment as a Facilities Agreement dated 23 June 2024
between the Company and the Mandated Lead
Arrangers, Initial Syndicated Creditors and PT Bank
Mandiri (Persero) Tbk as Facility Agent.
Total 8.773.142.849.900 4.301.376.315.128 4.471.766.534.722
2024 Annual Report PT Pertamina Geothermal Energy Tbk 275
Page 276
03 ANALISA DAN PEMBAHASAN MANAJEMEN
MANAGEMENT DISCUSSION AND ANALYSIS
KEBIJAKAN PEMBAYARAN DIVIDEN
DIVIDEND PAYMENT POLICY
Sesuai Undang-undang Perseroan Terbatas (UUPT) dan Under the Limited Liability Company Law (UUPT) and
Anggaran Dasar Perseroan, keputusan mengenai the Company's Articles of Association, decisions
pembagian dividen diambil melalui keputusan regarding dividend distribution are taken through
pemegang saham dalam Rapat Umum Pemegang shareholder resolutions at the Annual General Meeting
Saham (RUPS) tahunan, berdasarkan usulan Direksi. of Shareholders (GMS), based on proposals from the
Board of Directors.
Perseroan dapat membagikan dividen jika memiliki The Company may distribute dividends if it has a
saldo laba yang positif. Sebelum tahun buku berakhir, positive profit balance. Before the end of the financial
Perseroan dapat membagikan dividen interim year, the Company may distribute interim dividends so
sepanjang tidak mengakibatkan kekayaan bersih long as it does not result in the Company's net assets
Perseroan menjadi kurang dari jumlah modal becoming less than the amount of issued and paid-up
ditempatkan dan disetor dan cadangan wajib. capital and mandatory reserves.
Pembagian dividen interim ditentukan oleh Direksi The distribution of interim dividends is determined by
Perseroan setelah terlebih dahulu disetujui oleh Dewan the Company's Board of Directors upon the approval of
Komisaris Perseroan. Jika setelah akhir tahun buku yang the Company's Board of Commissioners. If after the end
bersangkutan Perseroan mengalami kerugian, maka of the relevant financial year the Company experiences
dividen interim yang dibagikan harus dikembalikan a loss, then the interim dividends distributed must be
oleh pemegang saham kepada Perseroan, dan Direksi returned by the shareholders to the Company, and the
dan Dewan Komisaris Perseroan akan bertanggung Board of Directors and Board of Commissioners of the
jawab secara tanggung renteng jika dividen interim Company will be jointly and severally liable if the
tidak dikembalikan. interim dividends are not returned.
Pemegang saham Perseroan pada tanggal pencatatan The Company's shareholders on the applicable record
yang berlaku akan berhak atas sejumlah penuh dividen date will be entitled to the full amount of the approved
yang disetujui, dan tunduk kepada pemotongan pajak dividends, and are subject to applicable Indonesian
Indonesia yang dikenakan. Dividen yang diterima oleh withholding taxes. Dividends received by non-
pemegang saham bukan warga negara Indonesia Indonesian shareholders will be subject to Indonesian
akan dikenakan pemotongan pajak Indonesia sebesar withholding tax of 20%, with reduced rates available
20%, dengan pengurangan tarif tersedia tergantung depending on the relevant tax treaty signed by
pada perjanjian pajak terkait yang ditandatangani Indonesia and its treaty partners.
oleh Indonesia dan mitra perjanjiannya.
Pembayaran Dividen Pada Tahun Dividend Payment in 2024
2024
Pada tahun 2024 Perseroan melakukan pembayaran In 2024, the Company made dividend payments for
dividen untuk tahun buku 2023 sebesar the 2023 financial year of Rp1,982,367,600,000 or
Rp1.982.367.600.000 atau Rp47,77 per lembar Rp47.77 per share, which was paid in cash to
saham, yang dibayarkan secara tunai kepada shareholders. The dividend payment reached 78.50%
pemegang saham. Pembayaran dividen tersebut of the Company's net profit.
mencapai 78,50% dari perolehan laba bersih
Perseroan.
276 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Pembayaran Dividen Tahun 2024
Dividen (Dividen Tahun Buku 2023)
Dividend Dividend Payment for 2024
(Dividend for 2023 Financial Year)
Laba Bersih
USD163,59 juta (Rp2.525.354.345.995)
Net Profit
Dividen yang Dibagikan
USD128,4 juta (Rp1.982.367.600.000)
Dividends Distributed
Laba Bersih per Saham
Rp60,94
Net Profit per Share
Dividen per Saham
Rp47,76
Dividend per Share
Dividend Pay Out Ratio (DPO) 78,50%
Pembayaran Dividen Pada Tahun 2024
Dividend Payment in 2024
Dividen per
Dividen Jumlah Dividen
Tahun Tanggal Tanggal Tanggal Saham
Tahun Buku (dalam Rupiah)
Pembayaran Pengumuman Pencatatan Pembayaran (dalam Rupiah)
Financial Year Total Dividend
Payment Year Announcement Date Record Date Payment Date Dividend per Share
Dividend (in Rupiah)
(in Rupiah)
30 Mei | May 7 Juni | June 28 Juni | June
2024 2023 47,76 1.982.367.600.000
2024 2024 2024
Proyeksi Pembayaran Dividen Dividend Payment Projection
Penetapan jumlah pembayaran dividen Perseroan di The determination of the amount of the Company's
masa mendatang akan bergantung pada berbagai future dividend payments will depend on various
faktor, termasuk, namun tidak terbatas pada: factors, including, but not limited to:
(i) Laba ditahan, kinerja operasi, arus kas, prospek (i) Retained earnings, operating performance, cash
usaha dan kondisi keuangan Perseroan di masa flow, business prospects and the Company's future
depan. financial condition.
(ii) Faktor-faktor lain yang dianggap relevan oleh (ii) Other factors deemed relevant by the Company's
pemegang saham Perseroan. shareholders.
Pembayaran dividen dilakukan setelah menyisihkan Dividend payments are made after setting aside
cukup cadangan, dengan tidak mengurangi hak RUPS sufficient reserves, without prejudice to the rights of the
untuk menentukan lain sesuai dengan Anggaran Dasar GMS to determine otherwise in accordance with the
Perseroan, dan melihat kondisi keuangan Perseroan Company's Articles of Association, and considering the
secara keseluruhan. Meski demikian, secara historis Company's overall financial condition. However,
pembayaran dividen PGE selalu mengalami kenaikan historically PGE's dividend payments have always
(lihat tabel di bawah). increased (see table below)
Sepanjang Perseroan memutuskan untuk membagikan So long as the Company decides to distribute dividends,
dividen, dividen akan dibayarkan dalam Rupiah. dividends will be paid in Rupiah. After the Initial Public
Setelah Penawaran Umum Perdana Saham, Perseroan Offering, the Company will not be restricted by any
tidak akan dibatasi oleh perjanjian pinjaman mana pun existing loan agreements in connection with the
yang ada sehubungan dengan pembagian dividen. distribution of dividends. The amount of dividends for
Besaran dividen untuk tahun buku 2024 akan the 2024 financial year will be decided at the
diputuskan pada RUPS Perseroan di tahun 2025. Company's GMS in 2025.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 277
Page 278
03 ANALISA DAN PEMBAHASAN MANAJEMEN
MANAGEMENT DISCUSSION AND ANALYSIS
Riwayat Pembayaran Dividen PGE
PGE Dividend Payment History
Sesudah IPO Sebelum IPO
After IPO Before IPO
Uraian
Description 2024 2023 2022
(Dividen Tahun Buku 2023) (Dividen Tahun Buku 2022) (Dividen Tahun Buku 2021)
(Dividend for Financial Year 2023) (Dividend for Financial Year 2022) (Dividend for Financial Year 2021)
Laba Bersih (USD Juta)
163,59 127,32 85,04
Net Profit (USD Million)
Dividen (USD Juta)
128,4 100 30
Dividend (USD Million)
Dividend Pay Out Ratio
78,50% 78,54% 35,27%
(DPO)
INFORMASI MENGENAI INVESTASI,
EKSPANSI, DIVESTASI, AKUISISI,
RESTRUKTURISASI UTANG/MODAL
INFORMATION ON INVESTMENT, EXPANSION, DIVESTMENT,
ACQUISITION, DEBT/CAPITAL RESTRUCTURING
Sepanjang tahun 2024, Perseroan tidak mencatatkan Throughout 2024, the Company did not record any
transaksi material yang mengandung investasi, material transactions containing investment, expansion,
ekspansi, divestasi, akuisisi, restrukturisasi utang divestment, acquisition, debt or capital restructuring.
maupun modal.
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INFORMASI TRANSAKSI MATERIAL
MENGANDUNG BENTURAN
KEPENTINGAN DAN/ATAU AFILIASI
INFORMATION ON MATERIAL TRANSACTIONS CONTAINING
CONFLICTS OF INTEREST AND/OR AFFILIATION
Selama periode pelaporan, Perseroan melakukan During the reporting period, the Company conducted
transaksi dengan pihak-pihak berelasi yakni PT transactions with related parties, namely PT Pertamina
Pertamina (Persero) dan entitas anak maupun entitas (Persero) and its subsidiaries as well as controlling
pengendali dan entitas yang berelasi dengan entities and entities related to the Government.
pemerintahan.
Transaksi meliputi pembiayaan, pembelian bahan bakar, Transactions include financing, fuel purchases, charging
pembebanan imbalan kerja pekerja perbantuan, of employee benefits for secondment employees, charging
pembebanan biaya bunga dan biaya asuransi, dividen, of interest and insurance costs, dividends, and other
dan transaksi penyerahan barang dan jasa lainnya. Selain goods and services delivery transactions. Additionally,
itu, terdapat pula transaksi lain dengan pihak asosiasi there are also other transactions with associated and
maupun afiliasi. Transaksi material dilakukan untuk affiliated parties. Material transactions are conducted to
memenuhi peraturan dan ketentuan terkait Pengungkapan comply with the rules and regulations related to
Pihak-pihak Berelasi yang diatur pada PSAK 7. Related Party Disclosures stipulated in PSAK 7.
Alasan dilakukannya transaksi dengan pihak afiliasi The grounds for conducting transactions with affiliated
dan pihak-pihak lain yang berelasi antara lain karena parties and other related parties are because the
Perseroan merupakan bagian dari industri energi Company is part of a larger integrated energy industry
terintegrasi yang lebih besar di bawah Subholding under the Subholding PNRE Pertamina, and Holding
PNRE Pertamina, dan Holding PT Pertamina (Persero). PT Pertamina (Persero). Transactions with related parties
Transaksi dengan pihak berelasi terjadi karena sifat occur because the nature of the transactions is related
transaksi berkaitan dengan operasional perusahaan. to the company's operations.
Sifat Hubungan dengan Pihak Berelasi
Nature of Relations with Related Parties
Hubungan Pihak Berelasi
Relations Related Parties
Pemegang Saham 1. PT Pertamina Power Indonesia
Shareholders 2. PT Pertamina Pedeve Indonesia
Entitas Sepengendali 1. PT Pertamina Hulu Energi dan entitas anaknya/and its subsidiaries (“PHE”)
Entities under Common Control 2. PT Elnusa Tbk. dan entitas anaknya/and its subsidiaries (“Elnusa”)
3. PT Pertamina Drilling Services Indonesia dan entitas anaknya/and its subsidiaries (“PDSI”)
4. PT Patra Jasa dan entitas anaknya/and its subsidiaries (“Patra Jasa”)
5. PT Asuransi Tugu Pratama Indonesia (“ATPI”)
6. PT Pertamina Bina Medika (“Pertamedika”)
7. PT Pertamina Training & Consulting (“PTC”)
8. PT Pertamina Patra Niaga dan entitas anaknya/ and its subsidiaries (“Patra Niaga”)
9. PT Pratama Mitra Sejati
10. PT Mitra Tour & Travel
11. PT Prima Armada Raya
Entitas yang Berelasi dengan 1. PT PLN (Persero), dan entitas anaknya/ and its subsidiaries
Pemerintah 2. PT Indonesia Power
Government-Related Entities 3. PT Wijaya Karya (Persero) (“Wika”)
4. PT Telekomunikasi Indonesia Tbk (“Telkom”)
5. Direktorat Jenderal Anggaran (“DJA”)
6. Direktorat Jenderal Pajak (“DJP”)
7. Bank BNI
8. Bank Mandiri
9. Bank BRI
10. Bank BTN
11. Bank BSI
2024 Annual Report PT Pertamina Geothermal Energy Tbk 279
Page 280
03 ANALISA DAN PEMBAHASAN MANAJEMEN
MANAGEMENT DISCUSSION AND ANALYSIS
Pihak yang Bertransaksi dan Sifat Hubungan Afiliasi
Transacting Parties and Nature of Affiliate Relations
Pihak Yang Bertransaksi Dan Sifat Hubungan Afiliasi (dalam USD ribu)
Transacting Parties and Nature of Affiliate Relations (in USD thousand)
Transaksi
Hubungan Pihak Berelasi Transaction
Relations Related Parties
2024 2023 2022
Piutang Usaha
Trade Receivables
PT Perusahaan Listrik Entitas berelasi dengan Pemerintah
92.610 115.305 108.255
Negara Entity related to the Government
Entitas berelasi dengan Pemerintah
PT PLN Indonesia Power 32.017 16.968 11.870
Entity related to the Government
Piutang Lain-lain, Jangka Pendek
Short Term Receivables, Short Term
Entitas di bawah pengendalian yang sama
PT Pertamina Hulu Energi 1.994 2.574 -
Entity Under Common Control
Ditjen Anggaran, Entitas berelasi dengan Pemerintah
1.016 2.120 1.429
Kementerian Keuangan Entity related to the Government
PT Pertamina Power Pemegang Saham
659 134 -
Indonesia Shareholder
Entitas di bawah pengendalian yang sama
PT Pertamina (Persero) - - 542
Entity Under Common Control
Lain-lain
372 592 366
Others
Piutang Lain-lain, Jangka Panjang
Other Receivables, Long Term
Entitas berelasi dengan Pemerintah
PT PLN Indonesia Power 7.529 8.256 8.533
Entity related to the Government
Utang Usaha
Trade Payables
Entitas di bawah pengendalian yang sama
PT Pertamina Patra Niaga 1.064 3.195 1.255
Entity Under Common Control
Entitas berelasi dengan Pemerintah
PT Wijaya Karya Tbk 659 779 0
Entity related to the Government
Lain-lain
511 468 140
Others
Utang Lain-lain
Other Payables
Entitas di bawah pengendalian yang sama
PT Pertamina (Persero) 7.296 25.561 27.338
Entity Under Common Control
PT Asuransi Tugu Pratama Entitas di bawah pengendalian yang sama
2.385 108 0
Indonesia Tbk Entity Under Common Control
PT Pertamina Power Pemegang Saham
15 21 64.420
Indonesia Shareholder
Lain-lain
441 370 352
Others
PT Pertamina Pedeve Pemegang Saham
0 0 5.586
Indonesia Shareholder
Pendapatan Usaha
Operating Revenue
PT Perusahaan Listrik Entitas berelasi dengan Pemerintah
240.516 313.227 307.603
Negara Entity related to the Government
Entitas berelasi dengan Pemerintah
PT PLN Indonesia Power 150.015 73.266 64.331
Entity related to the Government
280 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Penjelasan Mengenai Kewajaran Explanation Regarding Fairness of
Transaksi Transactions
Secara berkala, Perseroan melakukan audit atas Periodically, the Company performs audits of
transaksi yang berlangsung pada kurun waktu periode transactions that take place during the reporting
pelaporan. Perseroan memastikan transaksi yang period. The Company ensures that the transactions in
terjadi bersifat wajar dan dilaksanakan melalui place are fair and are conducted through a transparent
mekanisme yang transparan serta sesuai dengan mechanism and in accordance with laws and
peraturan perundang-undangan. Hingga akhir tahun regulations. Until the end of 2024, the Company has
2024, Perseroan tidak pernah mendapatkan sanksi never received any sanctions related to alleged
terkait dugaan ketidakwajaran atas transaksi yang unfairness of transactions that have occurred or
terjadi maupun dugaan adanya benturan kepentingan. allegations of conflicts of interest.
PERUBAHAN PERATURAN
PERUNDANG-UNDANGAN
CHANGES IN LAWS AND REGULATIONS
Sepanjang tahun 2024 tidak terdapat perubahan Throughout 2024, there were no changes in laws and
peraturan perundang-undangan yang memiliki dampak regulations that had a significant impact on
signifikan terhadap Perseroan. the Company.
PERUBAHAN KEBIJAKAN AKUNTANSI
CHANGES IN ACCOUNTING POLICIES
Pada tahun 2024 tidak terdapat perubahan kebijakan In 2024, there were no changes to the new accounting
akuntansi baru yang diterapkan pada Laporan policies applied to the Company's Financial Statements.
Keuangan Perseroan.
PENINJAUAN KELANGSUNGAN USAHA
DAN STRATEGI KEBERLANGSUNGAN
USAHA
BUSINESS CONTINUITY REVIEW AND BUSINESS
CONTINUITY STRATEGY
PGE melakukan peninjauan atau assessment atas PGE conducts a review or assessment of the Company's
kelangsungan usaha Perseroan melalui analisis Strength business continuity through Strength Weakness
Weakness Opportunity Threat (SWOT), Strategic Opportunity Threat (SWOT) analysis, Strategic Position
Position and Action Evaluation (SPACE), serta and Action Evaluation (SPACE), and implementation of
implementasi Sistem Manajemen Kelangsungan Bisnis the Business Continuity Management System (BCMS)
(SMKB) apabila terjadi disrupsi terhadap proses bisnis. in the event of disruption to the business process.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 281
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03 ANALISA DAN PEMBAHASAN MANAJEMEN
MANAGEMENT DISCUSSION AND ANALYSIS
Hingga Laporan Tahunan 2024 diterbitkan, tidak Until the issuance of the 2024 Annual Report, there are
terdapat temuan atas ketidakpastian material yang no findings of material uncertainties that may cast
dapat menimbulkan keraguan yang signifikan terhadap significant doubt on the Company's ability to maintain
kemampuan Perseroan untuk mempertahankan business continuity.
kelangsungan usaha.
Meski demikian, PGE tetap mewaspadai beberapa Nevertheless, PGE remains aware of several risks that
risiko yang berpotensi memengaruhi pencapaian have the potential to affect the Company's performance
kinerja Perseroan seperti: achievements, such as:
1. Impairment Aset Proyek dan Area PGE 1. Impairment of PGE Project and Area Assets
2. Tidak tercapainya suplai uap bisnis eksisting 2. Failure to achieve existing business steam supply
3. Menurunnya value PGE sebagai emiten di pasar 3. Decreasing PGE's value as an issuer in the capital
modal pasca IPO market after the IPO
4. Unschedule shut down dan dispatching pada 4. Unschedule shut down and dispatching in the PLTP
sistem PLTP system
5. Bencana alam (climate risk) 5. Natural disasters (climate risk)
6. Tidak tercapainya HSSE Excellence 6. Failure to achieve HSSE Excellence
7. Terhambatnya pembayaran oleh offtaker 7. Hindered payments by offtakers
8. Tidak tercapainya target pengembangan bisnis 8. Failure to achieve business development targets
9. Kerugian akibat fluktuasi kurs 9. Losses due to exchange rate fluctuations
10. Adanya cyber attack terhadap jaringan & aplikasi PGE 10. Cyber attacks on PGE's networks & applications
11. Menurunnya corporate image Perusahaan 11. Decreasing the Company's corporate image
12. Adanya tuntutan hukum 12. Lawsuits
Perseroan terus menerapkan manajemen risiko dan The Company continues to implement risk management
melakukan upaya mitigasi untuk menjaga and make mitigation efforts to maintain business
keberlangsungan usaha, khususnya memastikan aspek continuity, particularly ensuring aspects of operational
keselamatan dan keamanan operasi mengingat kondisi safety and security considering the topographic
topografi wilayah potensi panas bumi yang umumnya conditions of geothermal potential areas which are
berada di dataran tinggi maupun pegunungan yang generally located in highlands or mountains that have
berpotensi terhadap risiko geohazard. the potential for geohazard risks.
Bekerja sama dengan berbagai pihak termasuk In collaboration with various parties including
universitas dan instansi terkait, Perseroan melakukan universities and related agencies, the Company
studi geohazard sebagai acuan dalam mengembangkan conducts geohazard studies as a reference in
sistem peringatan dini (early warning system) yang developing an early warning system which is the best
merupakan sarana terbaik dalam mendeteksi potensi means of detecting potential geohazards around the
geohazard di sekitar Area dan Proyek PGE. PGE Area and Project.
Selain itu setiap Area dan Aset Proyek PGE telah Additionally, each PGE Project Area and Asset has
dilengkapi dengan perangkat gas detector untuk been equipped with a gas detector device to detect
mendeteksi kebocoran gas dan keberadaan gas gas leaks and the presence of toxic gases, ensuring the
beracun, untuk menjamin keselamatan pekerja dan safety of employees and surrounding residents. Further
warga sekitar. Penjelasan lebih lanjut terkait explanation regarding PGE risk management can be
pengelolaan risiko PGE dapat dilihat pada sub bab seen in the Risk Management sub-chapter in the
Manajemen Risiko di dalam bab Tata Kelola Corporate Governance chapter.
Perusahaan.
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2024 Annual Report PT Pertamina Geothermal Energy Tbk 283
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7
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
TATA KELOLA
PERUSAHAAN
CORPORATE
GOVERNANCE
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2024 Annual Report PT Pertamina Geothermal Energy Tbk 285
Page 286
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
ISO 37001:2016 100% NOL | ZERO
Kepatuhan | Compliance
Implementasi Sistem Manajemen Pelaporan Laporan Harta Perkara Hukum yang
Anti Penyuapan (SMAP) sejak Kekayaan Penyelenggara Berhubungan dengan Dewan
2021 Negara (LHKPN) Komisaris, Direksi, dan
Manajemen
Implementation of Anti-Bribery LHKPN Reporting Report Lawsuits Relating to the Board of
Management System (ABMS) Commissioners, Directors, and
since 2021 Management
60% 121,84 ACGS* NOL | ZERO
Komisaris Independen "Leadership in Corporate
Independent Commissioners Governance"
3 dari 5 Komisaris adalah Skor Penerapan GCG PGE Perkara Hukum yang Dihadapi
Komisaris Independen Berdasarkan Parameter ACGS* Anak Perusahaan Perseroan
3 out of 5 Commissioners are PGE GCG Implementation Score Lawsuits Faced by the Company’s
Independent Commissioners based on ACGS Parameters* Subsidiaries
*ASEAN Corporate Governance Scorecard
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
PENERAPAN PRINSIP GCG DI PGE
IMPLEMENTATION OF GCG PRINCIPLES AT PGE
Penerapan prinsip Tata Kelola Perusahaan yang baik The implementation of Good Corporate Governance
atau Good Corporate Governance (GCG) dalam (GCG) principles in daily business processes is part of
proses bisnis sehari-hari, merupakan bagian dari PGE commitment to running businesses responsibly and
komitmen PGE dalam menjalankan bisnis secara sustainably.
bertanggung jawab dan berkelanjutan.
Prinsip GCG
GCG Principles
TRANSPARANSI
TRANSPARENCY
Keterbukaan dalam proses pengambilan keputusan serta pengungkapan informasi mengenai Perseroan. Transparansi juga
mencakup pemberian informasi yang dibutuhkan publik terkait dengan produk dan aktivitas operasional Perseroan, yang berpotensi
memengaruhi pemangku kepentingan.
Transparency in the decision-making process and disclosure of information on the Company. Transparency also includes
providing any information the public needs regarding the Company’s products and operational activities, which can potentially
influence stakeholders’ behavior.
AKUNTABILITAS
ACCOUNTABILITY
Kejelasan fungsi, pelaksanaan dan pertanggung jawaban organisasi, yang mendukung pengelolaan Perseroan. Akuntabilitas
berkaitan dengan pelaksanaan tugas dan wewenang yang dimiliki seseorang atau fungsi kerja Perseroan dalam melaksanakan
tanggung jawabnya.
Clarity of functions, implementation, and responsibility of the organization that enables effective management of the Company.
Accountability relates to the execution of duties and authorities of an individual or work function in conducting the responsibilities
imposed by the Company.
PERTANGGUNGJAWABAN
RESPONSIBILITY
Kesesuaian dalam pengelolaan Perseroan terhadap peraturan perundangan yang berlaku dan prinsip korporasi. Perseroan
memastikan pengelolaan perusahaan meliputi kepatuhan terhadap peraturan perundang-undangan serta ketentuan yang
berlaku sebagai cerminan tanggung jawab korporasi yang baik.
Conformity in the management of the Company with the applicable laws and regulations and sound corporate principles. The
Company ensures that the management includes compliance with laws and regulations, as well as applicable provisions as a
reflection of good corporate responsibility.
INDEPENDENSI
INDEPENDENCE
Pengelolaan Perseroan secara profesional tanpa benturan kepentingan dan pengaruh atau tekanan dari pihak manapun,
yang tidak sesuai dengan peraturan perundangan yang berlaku dan prinsip korporasi yang sehat. Kemandirian merupakan
keharusan agar organ Perseroan dapat bertugas dengan baik, serta mampu membuat keputusan terbaik bagi Perseroan.
Professional management of the Company without conflict of interests and influence of or pressure from any party that does
not align with applicable laws and regulations and sound corporate principles. Independence is mandatory to enable the
Company’s organs to work properly and make good decisions for the Company.
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KEWAJARAN
FAIRNESS
Perlakuan yang sama dalam memenuhi hak-hak pemangku kepentingan yang timbul berdasarkan perjanjian dan/atau
ketentuan dan/atau peraturan perundangan yang berlaku. Perseroan menjamin perlindungan hak-hak para pemegang
saham, termasuk hak-hak pemegang saham minoritas dan pemangku kepentingan, sehingga mendapatkan perlakukan setara
tanpa adanya diskriminasi.
Equal treatment in fulfilling the rights of stakeholders arising from agreements and/or provisions and/or applicable laws and
regulations. The Company guarantees the protection of the rights of shareholders, including the rights of minority shareholders
and stakeholders, so that they receive equal treatment without discrimination.
PENERAPAN GCG DI PGE
IMPLEMENTATION GCG AT PGE
• Pelibatan seluruh organ dan pekerja Perseroan.
• Penyesuaian aktivitas bisnis dengan peraturan perundang-undangan yang berlaku dan etika
bisnis sesuai dengan nilai-nilai inti (core values) Badan Usaha Milik Negara (BUMN) yaitu
Amanah, Kompeten, Harmonis, Loyal, Adaptif, dan Kolaboratif (AKHLAK).
• Menjadikan GCG sebagai bagian dari Budaya Perseroan yang terdiri dari tiga hal utama,
yaitu budaya kerja keras, budaya disiplin, dan budaya bersyukur.
• Involving all organs and employees of the Company.
• Adjusting business activities to applicable laws and regulations and business ethics aligned
with the core values of State-Owned Enterprises (SOEs), namely Trustworthy, Competent,
Harmonious, Loyal, Adaptive, and Collaborative (AKHLAK).
• Making GCG a part of the Corporate Culture, which consists of three main pillars, namely the
culture of hard work, discipline, and gratitude.
UNTUK MENCAPAI TUJUAN
TO ACHIEVE THE GOAL
• Perseroan memiliki daya saing yang kuat, baik secara nasional maupun internasional.
• Memaksimalkan nilai, meningkatkan kemandirian organ Perseroan, dan mendorong
pengelolaan Perseroan secara profesional, transparan, dan efisien.
• Mendorong organ Perseroan agar membuat keputusan dan melakukan tindakan dilandasi nilai
moral yang tinggi dan kepatuhan terhadap peraturan perundang-undangan yang berlaku,
serta kesadaran akan adanya tanggung jawab sosial terhadap pemangku kepentingan.
• Meningkatkan kontribusi Perseroan dalam perekonomian nasional.
• Menarik minat dan menjaga kepercayaan investor.
• The Company has strong competitiveness, both nationally and internationally.
• Maximize value, increase the independence of the Company’s organs, and encourage
professional, transparent, and efficient management of the Company.
• Encourage the Company’s organs to make decisions and take actions based on high moral
values and compliance with applicable laws and regulations, as well as awareness of social
responsibility to stakeholders.
• Increase the Company’s contribution to the national economy.
• Attract investors and maintain investor confidence.
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
DASAR HUKUM DAN PENANGGUNG
JAWAB PENERAPAN GCG
LEGAL BASIS AND PIC OF GCG IMPLEMENTATION
Dasar hukum penerapan GCG di PGE antara lain: Legal basis for the GCG implementation at PGE is as
1. Undang-Undang No. 40 Tahun 2007 tentang follows:
Perseroan Terbatas. 1. Law No. 40 of 2007 on Limited Liability Companies.
2. Peraturan Menteri Badan Usaha Milik Negara 2. Regulation of the Minister of State-Owned
(BUMN) No. PER-2/MBU/03/2023 tentang Enterprises (SOEs) No. PER-2/MBU/03/2023 on
Pedoman Tata Kelola dan Kegiatan Korporasi Manual for Governance and Significant Corporate
Signifikan BUMN. Activities of SOEs.
3. Peraturan Otoritas Jasa Keuangan (OJK) No. 3. Regulation of the Financial Services Authority
021/POJK.04/2015 tentang Penerapan Pedoman (POJK) No. 021/POJK.04/2015 on the
Tata Kelola Perusahaan Terbuka. Implementation of Governance Manual for Public
Companies.
4. Surat Edaran OJK No. 32/SEOJK.04/2015 4. Circular of the Financial Services Authority (SEOJK)
tentang Pedoman Tata Kelola Perusahaan Terbuka. No. 32/SEOJK.04/2015 on Governance Manual
for Public Companies
5. Anggaran Dasar Perseroan. 5. The Company’s Articles of Association.
PGE telah memiliki Koordinator Penerapan dan PGE has a GCG Implementation and Monitoring
Pemantauan GCG (KPPG) yang dibentuk berdasarkan Coordinator (KPPG) established based on President
Surat Perintah Direktur Utama Nomor 042/ Director's Order No. 042/PGE000/2021-S0, as the
PGE000/2021-S0, sebagai penanggung jawab person in charge of GCG implementation in the
penerapan GCG di Perseroan. Pembentukan KPPG ini Company. The establishment of KPPG aligns with the
sejalan dengan Peraturan Menteri BUMN No. PER-2/ Regulation of the Minister of SOEs No. PER-2/
MBU/03/2023 tentang Pedoman Tata Kelola dan MBU/03/2023 on Guidelines for Governance and
Kegiatan Korporasi Signifikan BUMN. Significant Corporate Activities of SOEs.
KPPG PGE yang diketuai oleh Direktur Keuangan dan The PGE KPPG, chaired by the Director of Finance and
beranggotakan pekerja berbagai lintas fungsi (cross consisting of various cross-function employees including
function) termasuk Divisi Legal & Compliance, memiliki the Legal & Compliance Division, has the following
tugas dan tanggung jawab sebagai berikut: duties and responsibilities:
• Mengkoordinasikan penerapan, pemantauan, • Coordinate the implementation, monitoring,
penegakan, dan pemenuhan GCG. enforcement, and fulfillment of GCG.
• Memastikan Perseroan dan seluruh pekerja telah • Ensure that the Company and all employees have
menerapkan dan menegakkan GCG yang baik implemented and enforced GCG in the conduct of
dalam pelaksanaan bisnis. business.
• Mengelola isu-isu kepatuhan di dalam Perseroan. • Manage compliance issues within the Company.
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KERANGKA PENERAPAN GCG
GCG IMPLEMENTATION FRAMEWORK
Kerangka penerapan GCG Perseroan secara umum The Company's GCG implementation framework is
terbagi menjadi tiga bagian, yaitu: generally divided into three parts, namely:
1. Struktur GCG 1. Governance Structure
Merupakan struktur tata kelola yang terdiri dari is a governance structure consisting of main
organ utama dan organ pendukung. organs and supporting organs.
2. Mekanisme GCG 2. Governance Process
Merupakan proses dan mekanisme kerja dari is the process and working mechanism of the
organ tata kelola. governance organs.
3. Hasil Penerapan GCG 3. Governance Outcome
Merupakan hasil dari penerapan tata kelola. is the result of the implementation of governance.
Dasar penetapan kerangka kerja GCG PGE adalah The basis for establishing PGE's GCG framework is the
visi, misi, nilai budaya Perseroan, Anggaran Dasar, Company's vision, mission, cultural values, Articles of
Kode Etik, serta rencana kerja perusahaan baik Association, Code of Ethics, as well as the Company's
Rencana Kerja dan Anggaran Perusahaan (RKAP) work plan both the Company's Work Plan and Budget
maupun Rencana Jangka Panjang Perusahaan (RJPP), (RKAP) and the Company's Long-Term Plan (RJPP), all
yang seluruhnya dijalankan berlandaskan prinsip of which are conducted based on GCG principles.
GCG.
Kerangka Tata Kelola Perusahaan yang Baik
Good Corporate Governance Framework
HASIL PENERAPAN GCG
GOVERNANCE OUTCAME
STRUKTUR GCG MEKANISME GCG
GOVERNANCE STRUCTURE GOVERNANCE PROCESS
• Dewan Komisaris • Pedoman GCG
Board of Commissioners GCG Code
• Direksi • Board Manual
Board of Directors • Piagam dan Kebijkan Lainnya
• Organ Pendukung Dewan Komisaris Charters and Other Policies
Supporting Organs of the Board of
Commissioners
• Organ Pendukung Direksi
Supporting Organs of the Board of
Directors
Visi, Misi dan Nilai Budaya
Anggaran Dasar Kode Etik RKAP/RJPP
Vision, Mission, and Cultural
Articles of Association Code of Conduct WPB/CLTP
Values
Transparansi Akuntanbilitas Tanggung Jawab Independensi Keadilan
Transparency Accountability Responsibility Independence Fairness
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Struktur GCG GCG Structure
Struktur GCG berdasarkan Undang-undang Nomor 40 The GCG structure is based on Law No. 40 of 2007 on
tahun 2007 tentang Perseroan Terbatas, terdiri dari Limited Liability Companies and consists of three main
tiga organ utama Perseroan yang berdiri sendiri yaitu: organs of the Company that stand alone, namely:
• Rapat Umum Pemegang Saham (RUPS) • General Meeting of Shareholders (GMS)
• Dewan Komisaris • Board of Commissioners
• Direksi • Board of Directors
Setiap organ memiliki wewenang dan tanggung jawab Each organ has clear authorities and responsibilities,
yang jelas sebagaimana diatur di dalam peraturan dan as outlined in the Company’s regulations and Articles
Anggaran Dasar Perseroan. Perseroan juga membentuk of Association. The Company also established
organ pendukung yang berada di bawah Dewan supporting organs under the Board of Commissioners
Komisaris maupun Direksi. and Board of Directors.
RAPAT UMUM PEMEGANG
SAHAM
General Meeting of Shareholders
DIREKSI DEWAN KOMISARIS
Board of Directors Board of Commissionerss
Sekretaris Dewan Komisaris
Sekretaris Perusahaan
Secretary of the Board of
Corporate Secretary
Commissioners
Komite Investasi dan Komite Nominasi dan
Internal Audit Manajemen Risiko Komite Audit Remunerasi
Internal Audit Investment and Risk Audit Committee Nomination and Remuneration
Management Committee
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Mekanisme GCG GCG Mechanism
Mekanisme GCG mengatur peran dan fungsi setiap The GCG mechanism regulates the roles and functions
organ utama dalam tata kelola guna mencapai hasil of each main organ in governance in order to achieve
tata kelola yang efektif dan memberikan nilai tambah effective governance results and provide added value
bagi pemangku kepentingan Perseroan, baik internal to the Company's stakeholders, both internal and
maupun eksternal. external.
PEMANGKU
PEMANGKU
KEPENTINGAN EKSTERNAL
KEPENTINGAN INTERNAL
External Stakeholders
Internal Stakeholders
• Regulator
• Pemegang Saham
Regulators
Shareholders
• Pelanggan
• Dewan Komisaris
Customers
Board of Commissioners
• Pemasok/Mitra
• Direksi
Suppliers/Partners
Board of Directors
• Pesaing
• Pekerja
Competitors
Employees
• Masyarakat
Communities
Perseroan telah menyusun berbagai kebijakan dan The Company has developed various policies and
pedoman sebagai panduan untuk mendukung guidelines to support the GCG mechanism, among
mekanisme GCG, antara lain: others:
Pedoman GCG Pedoman GCG yang memuat tentang prinsip dan panduan bagi organ
Perseroan dalam menjalankan GCG. Pedoman GCG PGE telah
disosialisasikan dan dimuat di dalam situs web Perseroan https://www.pge.
pertamina.com/Media/Uploads/keberlanjutan/file/Code%20of%20
Corporate%20Governance%202023_1.pdf
Code of Corporate Governance The Code of Corporate Governance comprises principles and guidelines for
the Company's organs in conducting GCG. The Code has been disseminated
and posted on the Company's website https://www.pge.pertamina.com/
Media/Uploads/keberlanjutan/file/Code%20of%20Corporate%20
Governance%202023_1.pdf
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Board Manual Board Manual merupakan pedoman yang berisi tata kerja Direksi dan
Dewan Komisaris serta proses hubungan fungsi antara kedua organ
Perseroan tersebut. Pedoman ini telah disosialisasikan dan dimuat di dalam
situs web Perseroan https://www.pge.pertamina.com/Media/Uploads/
keberlanjutan/file/Anti%20bribery%20Campaign%20-%202023.pdf
The Board Manual is a manual containing the working procedures of the
Board of Directors and the Board of Commissioners as well as the process
of functional relations between the two organs of the Company. This manual
has been disseminated and published on the Company's website https://
www.pge.pertamina.com/Media/Uploads/keberlanjutan/file/Anti%20
bribery%20Campaign%20-%202023.pdf
Kode Etik atau Code of Conduct adalah pedoman yang menjadi dasar dan acuan bagi
Pedoman Etika Usaha insan Perseroan dalam melaksanakan kegiatan usaha, termasuk saat
dan Tata Perilaku berinteraksi secara internal dan dengan pemangku kepentingan atau pihak
(Code of Conduct) eksternal. Pedoman ini telah disosialisasikan dan dimuat di dalam situs web
Perseroan https://www.pge.pertamina.com/Media/Uploads/keberlanjutan/
file/Code_of_Conduct_-_PGEO%20update.pdf.
Code of Business Ethics and The Code of Business Ethics and Code of Conduct are guidelines that serve
Code of Conduct as a basis and reference for the Company's personnel in conducting business
activities, including when interacting internally and with stakeholders or
external parties. These guidelines have been disseminated and published on
the Company's website https://www.pge.pertamina.com/Media/Uploads/
keberlanjutan/file/Code_of_Conduct_-_PGEO%20update.pdf.
Pedoman Whistleblowing Pedoman WBS berisi ketentuan mengenai mekanisme penyampaian
System (WBS) pelaporan pelanggaran, perlindungan pelapor, dan unit pengelola sistem
pelaporan pelanggaran. Sistem WBS PGE dikelola secara tersentralisasi
oleh Fungsi Internal Audit PT Pertamina (Persero) yaitu WBS Pertamina
Clean bersama dengan konsultan independen.
Whistleblowing System The WBS Policy contains provisions regarding the mechanism for submitting
(WBS) Policy whistleblowing reports, whistleblower protection, and the whistleblowing
reporting system management unit. PGE's WBS system is managed centrally
by PT Pertamina (Persero)'s Internal Audit Function, namely WBS Pertamina
Clean together with an independent consultant.
Pedoman Konflik Perseroan telah memiliki Pedoman Penanganan Konflik Kepentingan sebagai
Kepentingan acuan dalam praktik menghindari konflik kepentingan yang merupakan
bagian dari integritas dan penerapan AKHLAK.
Manual for Conflicts of Interest The Company has a Conflict of Interest Handling manual as a reference in
the practice of avoiding conflict of interests which is part of integrity and the
implementation of AKHLAK.
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Pedoman Kewajiban Pedoman Kewajiban Penyampaian LHKPN mengatur mengenai panduan
Penyampaian Laporan laporan atas hak kekayaan yang wajib dilaporkan dan diumumkan oleh
Harta Kekayaan (LHKPN) setiap penyelenggara negara sebagai bentuk pencegahan terhadap
timbulnya tindakan korupsi, kolusi, dan nepotisme.
Manual for Mandatory Manual for Mandatory Submission of LHKPN regulates the manual for
Submission of State Officials’ reporting on wealth rights that must be reported and announced by every
Wealth Report (LHKPN) state organizer as a form of prevention against acts of corruption, collusion,
and nepotism.
Perseroan telah menetapkan Pedoman Pengendalian Gratifikasi sebagai
Pedoman kebijakan pendukung program pengendalian anti-korupsi dan gratifikasi,
Pengendalian serta penegakan Code of Conduct. Pedoman Pengendalian Gratifikasi telah
Gratifikasi disosialisasikan dan dimuat di dalam situs web Perseroan https://www.pge.
pertamina.com/Media/Uploads/keberlanjutan/file/Anti%20bribery%20
Campaign%20-%202023.pdf.
Manual for Gratuity Control The Company has established Manual for Gratuity Control as a supporting
policy for anti-corruption and gratuity control programs, as well as Code of
Conduct enforcement. The Gratuity Control Manual has been disseminated
and posted on the Company's website https://www.pge.pertamina.com/
Media/Uploads/keberlanjutan/file/Anti%20bribery%20Campaign%20
-%202023.pdf.
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Hasil Penerapan GCG GCG Implementation Results
Penerapan struktur dan mekanisme GCG yang jelas The implementation of a clear GCG structure and
telah mendorong pencapaian penerapan GCG PGE mechanism has driven the achievement of PGE's
yang baik, dilihat dari hasil penilaian pencapaian excellent GCG implementation, as seen from the
GCG berikut: following GCG achievement assessment results:
Penyampaian Laporan GCG pada
Portal GCG Online oleh seluruh
Pekerja, meliputi: 100%
• 100% Pelaporan Code of Conduct
• 100% Pelaporan Conflict of 100% Penilaian Internal Implemetasi
Interest Pelaporan LHKPN* Kepatuhan GCG
• 100% Pelaporan Gratifikasi LHKPN Reporting* Internal Assessment of GCG
(pemberian dan penolakan) Compliance Implementation
Submission of GCG Reports on the Online dari 215 Wajib Pelapor
GCG Portal by all Employees, including: from 215 Mandatory Capaian 105,8% dari Target
• 100% Code of Conduct reporting Reporters 94,5%
• 100% Conflict of Interests reporting Achievement of 105.8% from the
• 100% Gratuity reporting (granting Target of 94.5%
and refusal)
Hasil Penilaian Mandiri (Self Assessment) GCG Berdasarkan:**
GCG Self-Assessment Results Based on:**
Parameter BUMN ASEAN Corporate
SOEs Parameters Peraturan Otoritas Governance Pedoman Umum
Jasa Keuangan Scorecard (ACGS) Governansi
(OJK) Korporat
Indonesia (PUGKI)
93,85 121,84
SANGAT BAIK Financial Services Level 5 (>100,00) Indonesia Corporate
(maksimal 100,00) Authority Regulation "Leadership in Governance
Corporate Manual (PUGKI)
Governance"
93.85 TERPENUHI TERPENUHI
EXCELLENT COMPLIED maksimal 130,00 COMPLIED
(maximum 100,00) maximum 130,00
Peringkat ESG I ESG Rating
7.1 (Negligible Risk)
Morningstar Sustainalytics
*Laporan Harta Kekayaan Penyelenggara Negara (LHKPN).
**Penjelasan lebih lanjut terkait self assessment GCG terdapat pada sub bab “Evaluasi Penerapan GCG” dalam Bab Tata Kelola ini.
*State Official Wealth Report.
**Further explanation regarding GCG self-assessment can be found in the sub-chapter “GCG Implementation Evaluation” in this Governance Chapter.
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Internalisasi dan Monitoring Internalization and Monitoring of
Penerapan GCG GCG Implementation
Pencapaian GCG PGE yang baik salah satunya Pencapaian GCG PGE yang baik salah satunya
didorong oleh berbagai inisiatif Perseroan untuk didorong oleh berbagai inisiatif Perseroan untuk
membangun kesadaran dan internalisasi penerapan membangun kesadaran dan internalisasi penerapan
GCG melalui program edukasi, pelatihan, kampanye, GCG melalui program edukasi, pelatihan, kampanye,
dan sosialisasi yang melibatkan seluruh pekerja dan dan sosialisasi yang melibatkan seluruh pekerja dan
mitra kerja. mitra kerja.
Kampanye dan Sosialisasi GCG Waktu Pelaksanaan
No
Event/Theme Organizer
1 Anti Bribery Campaign melalui broadcast email Tiap Bulan | Every Month
Anti-Bribery Campaign via email broadcast
2 Sosialisasi pelaporan penerimaan/penolakan gratifikasi Tiap Bulan | Every Month
Dissemination of reporting on acceptance/rejection of gratuities
3 Sosialisasi pengisian pernyataan CoC & CoI 14 Januari I January 2024
Dissemination of filling out CoC and CoI statements
4 Sosialisasi Blackout Period atas Laporan Keuangan Berkala Tiap Triwulan | Quarterly
Dissemination of Blackout Period for Periodic Financial Reports
5 Sosialisasi GCG di Area Kamojang 25 Februari I February 2024
GCG Dissemination in Kamojang Area
6 Coaching Clinic Pelaporan LHKPN 25 Maret I March 2024
Coaching Clinic for LHKPN reporting
7 GCG Induction kepada anggota Dewan Komisaris dan Direksi yang baru:
GCG Induction for new members of the Board of Commissioners and Board of
Directors:
i) Direktur Keuangan I Director of Finance 21 Februari I February 2024
ii) Komisaris Independen I Independent Commissioners 10 Juni I June 2024
iii) Direktur Eksplorasi & Pengembangan I Director of Exploration & Development 26 Juni I June 2024
iv) Komisaris I Commissioners 16 Agustus I August 2024
8 Service Quality Management Meeting Area Ulubelu 4 Juni I June 2024
Service Quality Management Meeting Ulubelu Area
9 Upskilling ISO 37001 Sistem Manajemen Anti Penyuapan 5 Juni I June 2024
Upskilling ISO 37001 Anti-Bribery Management System
10 Sosialisasi di Kantor Pusat dan di seluruh Area: 25 Juni I June 2024
i) Refreshment GCG, ISO 37001 SMAP, dan Kebijakan Insider Trading
ii) Top 3 Common Structures For High-Risk Project Financing Onshore and
Overseas, and Project Financing Introduction and Compliance & Risk
Allocations Strategy on a Project Development, dengan narasumber dari
Kantor Hukum Assegaf Hamzah & Partner
Outreach Programs at Head office and in all Areas:
i) GCG Refreshment, SMAP ISO 37001, and Insider Trading Policy
ii) Top 3 Common Structures For High-Risk Project Financing Onshore and
Overseas, and Introduction to Project Financing and Compliance & Risk
Allocation Strategy on a Project Development, with speakers from Assegaf
Hamzah & Partner Law Firm
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11 Vendor Day di Kantor Pusat 12 Juli I July 2024
Vendor Day at Head Office
12 Rapat koordinasi Fungsi Reservoir 9 Agustus I August 2024
Reservoir Function Coordination Meeting
13 Vendor Day Area Ulubelu dan Lumut Balai 22 November 2024
Vendor Day Ulubelu and Lumut Balai Area
14 Overview Of Contract Meeting dari Fungsi Drilling bersama dengan Mitra 29 November 2024
Overview of Contract Meeting from Drilling Function together with partners
15 Sosialisasi Hari Anti Korupsi Sedunia (HAKORDIA) 9 Desember I December 2024
Dissemination of World Anti-Corruption Day (HAKORDIA)
16 Sosialisasi larangan meminta/menerima hadiah perayaan Natal dan Tahun Baru 23 Desember I December 2024
(NATARU)
Dissemination of the prohibition on requesting for/receiving Christmas and New
Year (NATARU) gifts
Perseroan juga menerapkan proses monitoring dan The Company also implements a monitoring and
evaluasi melalui proses audit, pengendalian internal evaluation process through the audit process, internal
dan manajemen risiko, pengawasan top level Dewan control, and risk management, top-level supervision of
Komisaris dan Direksi, serta penilaian mandiri the Board of Commissioners and Board of Directors, as
(self-assessment) GCG secara berkala, untuk well as periodic GCG self-assessment, to ensure proper
memastikan penerapan GCG berjalan dengan tepat. implementation of GCG.
RAPAT UMUM PEMEGANG SAHAM (RUPS)
GENERAL MEETING OF SHAREHOLDERS (GMS)
Rapat Umum Pemegang Saham (RUPS) merupakan The General Meeting of Shareholders (GMS) is the
organ tertinggi dalam struktur tata kelola perusahaan, highest organ in the corporate governance structure,
dengan wewenang yang tidak dapat diberikan kepada whose authority cannot be granted to the Board of
Dewan Komisaris dan Direksi seperti tertulis di dalam Commissioners and Directors as outlined in the Law
Undang-undang dan Anggaran Dasar Perusahaan. and the Company's Articles of Association.
Wewenang yang dimaksud mencakup persetujuan atas The authority in question includes approval of the
Laporan Tahunan dan Laporan Keuangan Tahunan, Annual Report and Annual Financial Report, use of the
penggunaan laba bersih Perseroan, pergantian Company's net profit, changes to the composition of
susunan Dewan Komisaris dan Direksi, persetujuan aksi the Board of Commissioners and Board of Directors,
korporasi, hingga perubahan Anggaran Dasar. approval of corporate actions, and changes to the
Articles of Association.
Sesuai Anggaran Dasar, RUPS Perseroan terdiri dari: Under the Articles of Association, the Company's GMS
consists of:
1. RUPS Tahunan (RUPST) untuk pengambilan 1. Annual GMS (AGMS) for decision making related
keputusan terkait bisnis dan operasional termasuk to business and operations including ratification of
pengesahan Laporan Keuangan Tahunan dan the Annual Financial Report and Annual Report,
Laporan Tahunan, pembayaran dividen, dividend payments, changes to the composition
perubahan susunan dan penetapan remunerasi and determination of remuneration of the Board of
Dewan Komisaris dan Direksi, perubahan Commissioners and Directors, changes to the
Anggaran Dasar serta penunjukan Auditor Articles of Association and appointment of External
Eksternal. RUPST diselenggarakan selambatnya Auditors. The AGMS is held no later than six
enam bulan setelah akhir tahun buku. months after the end of the financial year.
2. RUPS Luar Biasa (RUPSLB) yang dapat 2. Extraordinary GMS (EGMS) which may be held at
diselenggarakan sewaktu-waktu atas permintaan any time at the request of Shareholders, the Board
Pemegang Saham, Dewan Komisaris dan Direksi of Commissioners, and the Board of Directors in
sesuai ketentuan yang berlaku. accordance with applicable provisions.
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Pemegang Saham Perseroan
Company Shareholders
Per akhir tahun 2024, pemegang saham Perseroan adalah PT Pertamina Power Indonesia (68,83%),
Masdar Indonesia Solar Holding RSC Limited (14,96%), masyarakat (10,24), dan PT Pertamina Pedeve
Indonesia sebesar (5,97%).
As of the end of 2024, the Company's shareholders are PT Pertamina Power Indonesia (68.83%), Masdar
Indonesia Solar Holding RSC Limited (14.96%), the public (10.24), and PT Pertamina Pedeve Indonesia
(5.97%).
Hak dan Tanggung Jawab Pemegang Saham
Rights and Obligations of Shareholders
Pemegang Saham memiliki hak antara lain:
1. Menghadiri RUPS dan memberikan suara sesuai dengan klasifikasi dan jumlah saham yang dimiliki.
2. Menerima pembagian dari keuntungan Perseroan dalam bentuk dividen dan bentuk pembagian
keuntungan lainnya sebanding dengan jumlah saham yang dimilikinya.
3. Memperoleh informasi material mengenai Perseroan secara tepat waktu dan teratur.
4. Memberikan kuasa dengan hak substitusi kepada perorangan atau badan hukum untuk mewakilinya
dalam RUPS.
5. Menerima secara proporsional sisa lebih perhitungan likuidasi apabila Perseroan dilikuidasi.
6. Mengajukan gugatan ke Pengadilan Negeri terhadap anggota Direksi yang karena kesalahan atau
kelalaiannya menimbulkan kerugian pada Perseroan (Pemegang Saham yang mewakili paling
sedikit 1/10 (satu per sepuluh) bagian dari jumlah seluruh saham dengan hak suara yang sah).
7. Melihat Daftar Pemegang Saham dan Daftar Khusus pada waktu jam kerja kantor Perseroan.
8. Menyelenggarakan RUPS dalam hal Direksi lalai menyelenggarakan RUPS Tahunan dan RUPS Luar
Biasa.
The rights of shareholders are as follows:
1. To attend the GMS and cast their vote in accordance with their classification and number of shares
owned.
2. To receive distribution of the Company’s profit in the form of dividends and other forms of profit
sharing in proportion to the number of shares owned.
3. To obtain material information about the Company in a timely and regular manner.
4. To grant power with substitution rights to individuals or legal entities to represent them at the GMS.
5. To receive proportionately the excess of liquidation calculation in the event that the Company is
liquidated.
6. To file a lawsuit to the District Court against a member of the Board of Directors whose error or
negligence caused losses to the Company (shareholders representing at least 1/10 (one-tenth) of the
total number of shares with valid voting rights).
7. To view the List of Shareholders and the Special Register during business hours at the Company’s
office.
8. To convene the GMS in the event that the Board of Directors fails to hold the AGMS and EGMS.
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Hak dan Tanggung Jawab Pemegang Saham
Rights and Obligations of Shareholders
Tanggung jawab pemegang saham adalah sebagai berikut:
1. Melaksanakan GCG sesuai dengan wewenang dan tanggung jawabnya.
2. Tunduk kepada Anggaran Dasar dan semua keputusan yang diambil dengan sah dalam RUPS, serta
peraturan perundang-undangan yang berlaku.
3. Pemegang saham mayoritas mempunyai tanggung jawab serupa, yakni dilarang menyalahgunakan
hak mereka menurut peraturan perundang-undangan yang berlaku.
4. Pemegang saham tidak diperkenankan mencampuri kegiatan operasional Perseroan yang menjadi
tanggung jawab Direksi sesuai dengan Anggaran Dasar Perseroan dan peraturan perundang-
undangan yang berlaku.
5. Pemegang saham memiliki tanggung jawab untuk mendorong pelaksanaan prinsip GCG dalam
proses pengelolaan Perseroan.
6. Tanggung jawab lainnya yang diatur dalam Anggaran Dasar dan peraturan perundang-undangan
yang berlaku.
The responsibilities of shareholders are as follows:
1. Implement the GCG in accordance with their authorities and responsibilities.
2. Comply with the Articles of Association and all decisions legally made at the GMS as well as
applicable laws and regulations.
3. Ultimate shareholders hold a similar responsibility: they are not allowed to misuse their rights in
accordance with applicable laws and regulations.
4. Not allowed to intervene in the Company’s operational activities, which are the responsibility of the
Board of Directors based on the Company’s Articles of Association and applicable laws and
regulations.
5. Responsible for promoting the implementation of GCG principles in the Company’s management
process.
6. Hold other responsibilities as regulated in the Articles of Association and applicable laws and
regulations.
Ketentuan Penyelenggaraan RUPS GMS Implementation Provisions
Persiapan RUPS GMS Preparation
Proses penyelenggaraan RUPS mengacu kepada The GMS implementation process refers to the Financial
peraturan Otoritas Jasa Keuangan (OJK) No. 15/ Services Authority (OJK) Regulation No. 15/
POJK.04/2020 tentang Rencana dan Penyelenggaraan POJK.04/2020 on the Plan and Implementation of
Rapat Umum Pemegang Saham Perusahaan Terbuka General Meetings of Shareholders of Public Companies,
yang mewajibkan pengumuman rencana pelaksanaan requiring the announcement of the GMS implementation
RUPS paling lambat 14 hari sebelum pemanggilan plan no later than 14 days before the GMS notice.
RUPS.
Kemudian pemanggilan RUPS dilakukan paling lambat Then the notice for the GMS is made no later than 21
21 hari sebelum tanggal pelaksanaan RUPS. Surat days before the date of the GMS. The letter or media
atau media yang digunakan untuk pemanggilan harus used for the notice must contain the following
memuat informasi berikut: information:
• Agenda RUPS: Materi, usulan dan penjelasan lain • GMS Agenda: Materials, proposals, and other
berkaitan dengan agenda RUPS. explanations related to the GMS agenda.
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• Waktu Pelaksanaan: Hari, tanggal dan jam • Time of the GMS Implementation: Day, date, and
pelaksanaan. time of meeting.
• Tempat pelaksanaan: Tempat kedudukan • Place of the GMS: The domicile of the Company
Perseroan atau tempat Perseroan melakukan or places where the Company conducts its business
kegiatan usahanya dan harus terletak di wilayah activities and it must be located within the territory
Negara Kesatuan Republik Indonesia (NKRI). of the Unitary State of the Republic of Indonesia.
Pelaksanaan RUPS GMS Implementation
RUPS dapat dilaksanakan apabila kuorum kehadiran The GMS may be convened if the attendance quorum
telah memenuhi ketentuan yang diatur dalam peraturan has been met, as required in the applicable regulations.
yang berlaku. RUPS dipimpin oleh anggota Dewan The GMS is chaired by a member of the Board of
Komisaris yang ditunjuk oleh Dewan Komisaris. Commissioners appointed by the Board of
Commissioners.
Pelaksanaan RUPS dimulai dengan pembukaan oleh The GMS begins with the chair of the meeting asking
pimpinan rapat, yang meminta Notaris untuk the Notary regarding the legality of the GMS
memastikan keabsahan pelaksanaan RUPS, organization and conveying the legal basis for the
menjelaskan dasar hukum penyelenggaraan, serta GMS as well as the composition of the determined
menyampaikan susunan agenda yang telah ditetapkan. GMS agenda. Additional agenda for the GMS may be
Agenda tambahan dapat dibahas jika disetujui oleh discussed if it is approved by all Shareholders.
seluruh Pemegang Saham.
Penyelenggaraan RUPS dilakukan sesuai dengan Penyelenggaraan RUPS dilakukan sesuai dengan
peraturan sebagai berikut: peraturan sebagai berikut:
1. UU No. 40 Tahun 2007 tentang Perseroan 1. Law Number 40 of 2007 on Limited Liability
Terbatas. Companies.
2. UU No. 19 Tahun 2003 tentang Badan Usaha 2. Law Number 19 of 2003 on State-Owned
Milik Negara. Enterprises.
3. UU No. 14 Tahun 2008 tentang Keterbukaan 3. Law Number 14 of 2008 on Public Information
Informasi Publik. Disclosure.
4. Peraturan Menteri Badan Usaha Milik Negara 4. Regulation of the Minister of State-Owned
(BUMN) No.PER-2/MBU/03/2023 tentang Enterprises (SOEs) No. PER-2/MBU/03/2023 on
Pedoman Tata Kelola dan Kegiatan Korporasi Manual for Governance and Significant Corporate
Signifikan BUMN. Activities of SOEs.
5. Peraturan Otoritas Jasa Keuangan (OJK) No.15/ 5. Regulation of the Financial Services Authority
POJK.04/2020 tentang Rencana Dan (POJK) No.15/POJK.04/2020 on Plans and
Penyelenggaraan Rapat Umum Pemegang Saham Implementation of General Meeting of
Perusahaan Terbuka. Shareholders of Public Companies.
6. Peraturan Otoritas Jasa Keuangan (OJK) No.16/ 6. Regulation of the Financial Services Authority
POJK.04/2020 tentang Pelaksanaan Rapat Umum (POJK) No.16/POJK.04/2020 on Implementation
Pemegang Saham Perusahaan Terbuka Secara of General Meeting of Shareholders of Public
Elektronik. Companies Electronically.
7. Anggaran Dasar Perseroan. 7. The Company’s Articles of Association.
Ketentuan Kuorum dan Provisions for Quorum and Decision
Pengambilan Keputusan Making
Kuorum kehadiran dalam RUPS Tahunan diatur dalam The attendance quorum in the Annual GMS is regulated
Anggaran Dasar Perseroan. RUPS Tahunan dinyatakan in the Company's Articles of Association. The Annual
kuorum apabila jumlah kehadiran sesuai dengan GMS is declared a quorum if the number of attendees
ketentuan yang disyaratkan dalam Undang-Undang complies with the provisions required in the Limited
Perseroan Terbatas. Liability Company Law.
Pengambilan keputusan dalam RUPS dilakukan melalui Resolutions at the GMS are made based on amicable
musyawarah untuk mufakat dan dianggap sah apabila discussion and consensus and deemed legal if they are
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
disetujui oleh sebagian hak suara yang hadir, sesuai approved by a number of voting rights present at the
dengan ketentuan peraturan yang berlaku dan GMS in accordance with the provisions of applicable
Anggaran Dasar Perseroan, dengan prosedur yang regulations and the Company’s Articles of Association
transparan dan adil. through a transparent and fair procedure.
Apabila musyawarah untuk mufakat tidak menghasilkan In the event that a resolution based on amicable
kesepakatan, keputusan diambil berdasarkan suara discussion is not reached, the resolution is made based
terbanyak dengan mensyaratkan jumlah suara setuju on the applicable majority vote by requiring a greater
yang lebih besar. Hasil RUPS dicatat oleh Sekretaris number of affirmative votes. The results of the GMS are
Perusahaan, dan Notaris menyusun Risalah RUPS untuk documented by the Corporate Secretary and the
setiap Pelaksanaan RUPS. Risalah tersebut harus Notary composes the Minutes of the GMS for each
didokumentasikan dan disimpan oleh Sekretaris GMS Implementation. The Minutes of the GMS must
Perusahaan. be documented and stored by the Corporate Secretary.
Pelaksana Penghitungan Suara Voting Implementation at the GMS
(Voting) Pada RUPS
Penghitungan suara dalam RUPS dilakukan melalui The vote counting at the GMS is conducted through an
mekanisme e-voting dan divalidasi oleh Biro Administrasi e-voting mechanism and is validated by the Company's
Efek (BAE) Perseroan yang pada tahun 2024 dipegang share registrar PT Datindo Entrycom in 2024.
oleh PT Datindo Entrycom.
Pelaksanaan RUPS 2024 2024 GMS Implementation
RUPST 28 Mei 2024 AGMS – 28 May 2024
PGE melaksanakan RUPST pada hari Selasa, tanggal PGE convened its AGMS on Tuesday, 28 May 2024,
28 Mei 2024 di Ballroom Grha Pertamina, Jl. Medan at the Ballroom of Grha Pertamina, Jl. Medan Merdeka
Merdeka Timur No. 11-13 Gambir, Jakarta Pusat, Timur No. 11-13, Gambir, Central Jakarta, at 14:19
pukul 14.19 WIB. RUPST dihadiri oleh pemegang Western Indonesian Time (WIB). The AGMS was
saham serta perwakilan atau kuasa dari pemegang attended by shareholders and their authorized
saham sebanyak 40.262.896.048 lembar saham atau representatives, representing a total of 40,262,896,048
mewakili 97,0306993% dari seluruh saham yang telah shares or 97.0306993% of the total shares issued by
dikeluarkan Perseroan dengan hak suara yang sah the Company, with valid voting rights amounting to
sejumlah 41.495.007.591 lembar saham. 41,495,007,591 shares.
Dengan tercapainya kuorum sebagaimana diatur With the quorum being met as stipulated in the
dalam Anggaran Dasar Perseroan, RUPST dinyatakan Company's Articles of Association, the AGMS was
sah dan berhak untuk mengambil keputusan yang sah declared valid and authorized to make legally binding
serta mengikat terkait hal-hal yang dibahas sesuai decisions on matters discussed in accordance with the
dengan agenda yang telah ditetapkan. predetermined agenda.
Proses penghitungan suara dan/atau melakukan The vote counting and validation process was assisted
validasi Perseroan dibantu oleh BAE PT Datindo by the Company's share registrar, PT Datindo Entrycom.
Entrycom. Keputusan RUPST telah disahkan dengan The AGMS resolutions were officially documented in
Akta Berita Acara Rapat Umum Pemegang Saham the Deed of Minutes of the Annual General Meeting of
Tahunan PT Pertamina Geothermal Energy Tbk oleh Shareholders of PT Pertamina Geothermal Energy Tbk
Notaris Ir. Nanette Cahyanie Handari Adi Warsito, by Notary Ir. Nanette Cahyanie Handari Adi Warsito,
S.H No. 71 tanggal 28 Mei 2024 S.H, No. 71, dated 28 May 2024.
Hasil pemungutan suara dan ringkasan risalah RUPS The results of the voting and a summary of the AGMS
secara lengkap diumumkan ke publik pada hari kerja minutes were publicly announced on the following
berikutnya melalui pengumuman di online reporting business day through online reporting to the Financial
Otoritas Jasa Keuangan (OJK) dan Bursa Efek Indonesia Services Authority (OJK) and the Indonesia Stock
(BEI), serta informasi di situs web Perseroan. Ringkasan Exchange (IDX), as well as via the Company’s official
risalah RUPS tersedia dalam situs web Perseroan website. The summary of the AGMS minutes will be
minimal selama satu tahun. available on the Company’s website for at least one
year.
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Kehadiran Dewan Komisaris dan Attendance of the Board of
Direksi dalam RUPST Commissioners and Board of
Directors at the AGMS
RUPST dihadiri secara daring dan luring oleh seluruh The AGMS was attended both virtually and in person
Dewan Komisaris dan Direksi yang menjabat dengan by all members of the Board of Commissioners and
tingkat kehadiran 100%. Board of Directors, achieving a 100% attendance rate.
Hadir secara luring
In-Person Attendance
Dewan Komisaris | Board of Commissioners
Komisaris Utama/Komisaris Independen Sarman Simanjorang
President Commissioner/Independent Commissioner
Komisaris
Dannif Danusaputro
Commissioner
Komisaris Harris
Commissioner
Direksi | Board of Directors
Direktur Utama Julfi Hadi
President Director
Direktur Operasi
Ahmad Yani
Director of Operations
Direktur Keuangan
Yurizki Rio
Director of Finance
Hadir secara Daring
Virtual Attendance
Dewan Komisaris | Board of Commissioners
Komisaris Independen Sujit S.Parhar
Independent Commissioner
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Keputusan dan Realisasi RUPST
AGMS Resolutions and Realization
Mata Acara 1 Persetujuan dan Pengesahan Laporan Tahunan termasuk Laporan Keuangan Konsolidasian
Agenda Item 1 Perseroan serta Laporan Tugas Pengawasan Dewan Komisaris untuk tahun buku yang berakhir
31 Desember 2023, disertai Pemberian Pelunasan dan Pembebasan Tanggung Jawab
Sepenuhnya (volledig acquit et de-charge) kepada Direksi dan Dewan Komisaris.
Approval and Ratification of the Annual Report, Including the Consolidated Financial Statements
and the Supervisory Report of the Board of Commissioners for the Financial Year Ending 31
December 2023, along with the Granting of Full Release and Discharge of Responsibility
(volledig acquit et de charge) to the Board of Directors and Board of Commissioners.
Hasil Pemungutan suara Setuju Abstain Tidak Setuju
Voting Results In Favor Abstain Disagree
40.244.351.248 18.542.700 2.100
suara | votes suara | votes suara |votes
(99,9539407%) (0,0460541%) (0,0000559%)
Keputusan Rapat 1. Menyetujui Laporan Tahunan Perseroan Tahun Buku 2023 termasuk Laporan Tugas
Meeting Resolutions Pengawasan Dewan Komisaris Tahun Buku 2023.
2. Mengesahkan Laporan Keuangan Konsolidasian Perseroan untuk Tahun Buku 2023 oleh
Kantor Akuntan Publik Purwantono, Sungkoro & Surja (KAP PSS) sebagaimana termuat
dalam Laporan No. 00118/2.1032/AU.1/02/1726-3/1/II/2024 tanggal 29 Februari
2024 dengan opini bahwa “Laporan keuangan konsolidasian menyajikan secara wajar
dalam semua hal yang material, posisi keuangan konsolidasian Grup tanggal 31
Desember 2023, serta kinerja keuangan dan arus kas konsolidasiannya untuk tahun yang
berakhir pada tanggal tersebut, sesuai dengan Standar Akuntansi Keuangan di Indonesia”.
3. Memberikan pelunasan dan pembebasan tanggung jawab sepenuhnya (volledig acquit et
de-charge) kepada Dewan Komisaris dan Direksi Perseroan, sepanjang tindakan-tindakan
tersebut tercermin dalam Laporan Tahunan Tahun Buku 2023 dan Laporan Keuangan
Konsolidasian Perseroan Tahun Buku 2023, dan bukan merupakan tindak pidana atau
melanggar ketentuan peraturan perundang-undangan yang berlaku.
1) Approved the Company’s Annual Report for the 2023 Financial Year, including the
Supervisory Report of the Board of Commissioners for the same period.
2) Year, audited by the Public Accounting Firm Purwantono, Sungkoro & Surja (KAP PSS),
as stated in Report No. 00118/2.1032/AU.1/02/1726-3/1/II/2024 dated 29 February
2024, which provided the opinion that "the consolidated financial statements present fairly,
in all material respects, the consolidated financial position of the Group as of 31 December
2023, as well as its financial performance and cash flows for the year then ended, in
accordance with Indonesian Financial Accounting Standards."
3) Granted full release and discharge of responsibility (volledig acquit et de charge) to the
Board of Commissioners and Board of Directors, insofar as their actions are reflected in the
2023 Annual Report and Consolidated Financial Statements and do not constitute criminal
acts or violations of prevailing laws and regulations.
Realisasi/Tindak lanjut Telah terealisasi dengan pemegang saham menerima pertanggungjawaban laporan kinerja,
Realization/Follow-Up Act Laporan Tahunan, Laporan Keuangan, dan memberikan pelunasan dan pembebasan tanggung
jawab sepenuhnya (volledig acquit et decharge) kepada Direksi dan Dewan Komisaris untuk
tahun buku 2023 yang disahkan dengan akta Berita Acara Rapat Umum Pemegang Saham
Tahunan PT Pertamina Geothermal Energy Tbk oleh Notaris Ir. Nanette Cahyanie Handari Adi
Warsito, S.H No. 71 tanggal 28 Mei 2024.
The resolutions have been realized, with shareholders having accepted the accountability reports
on performance, the Annual Report, and the Financial Statements. Additionally, full release and
discharge of responsibility (volledig acquit et de charge) were granted to the Board of Directors
and Board of Commissioners for the 2023 financial year. This was formalized in the Deed of
Minutes of the Annual General Meeting of Shareholders of PT Pertamina Geothermal Energy
Tbk, notarized by Ir. Nanette Cahyanie Handari Adi Warsito, S.H, under Deed No. 71 dated
28 May 2024.
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Mata Acara 2 Persetujuan Penetapan Penggunaan Laba Bersih Perseroan Tahun Buku 2023.
Agenda Item 2
Approval of the Determination of the Company’s Net Profit Utilization for the 2023 Financial
Year.
Hasil Pemungutan suara Setuju Abstain Tidak Setuju
Voting Results In Favor Abstain Disagree
40.244.357.048 18.521.900 17.100
suara | votes suara | votes suara | votes
(99,9539551%) (0,0460024%) (0,0000425%)
Keputusan Rapat Menetapkan Penggunaan laba bersih Perseroan Tahun Buku 2023 sebagai berikut:
Meeting Resolutions 1. Sebesar USD128.400.000 (seratus dua puluh delapan juta empat ratus ribu Dollar
Amerika Serikat) atau 78,5% dari laba bersih Perseroan Tahun Buku 2023 dibagikan
sebagai dividen tunai kepada Pemegang Saham Perseroan dengan ketentuan sebagai
berikut:
a. Diberikan kepada pemegang saham sesuai dengan porsi kepemilikannya pada
tanggal pencatatan (recording date), dan dibayarkan secara tunai dalam mata uang
Rupiah dengan menggunakan nilai tukar kurs tengah Bank Indonesia sesuai tanggal
per 31 Desember 2023.
b. Memberikan kuasa dan wewenang kepada Direksi Perseroan dengan hak substitusi
untuk menetapkan jadwal dan tata cara pembagian dividen tahun buku 2023 sesuai
ketentuan yang berlaku.
2. Sebesar USD35.169.811 (tiga puluh lima juta seratus enam puluh sembilan ribu delapan
ratus sebelas Dollar Amerika Serikat) atau 21,5% dari Laba Tahun 2023 dialokasikan dan
dibukukan sebagai Cadangan Wajib.
3. Perseroan tidak mengalokasikan sisa laba bersih tahun buku 2023 untuk cadangan
lainnya.
Menetapkan Penggunaan laba bersih Perseroan Tahun Buku 2023 sebagai berikut:
1. An amount of USD128,400,000 (one hundred twenty-eight million four hundred thousand
US Dollars) or 78.5% of the Company’s net profit for the 2023 financial year shall be
distributed as cash dividends to the Company’s shareholders with the following provisions:
a. The dividends will be distributed to shareholders in proportion to their ownership as
recorded on the recording date. The payment will be made in Indonesian Rupiah,
using the Bank Indonesia middle exchange rate as of 31 December 2023.
b. The Board of Directors is granted the authority, with the right of substitution, to
determine the schedule and procedures for the dividend distribution in accordance
with applicable regulations.
2. An amount of USD35,169,811 (thirty-five million one hundred sixty-nine thousand eight
hundred eleven US Dollars) or 21.5% of the 2023 net profit shall be allocated and recorded
as a Mandatory Reserve.
3. The Company will not allocate any remaining net profit from the 2023 financial year to
other reserves.
Realisasi/Tindak lanjut Pembagian dividen telah terealisasi pada tanggal 28 Juni 2024.
Realization/Follow-Up Act
The dividend distribution was realized on 28 June 2024.
Mata Acara 3 Persetujuan Penunjukan Akuntan Publik untuk melakukan audit terhadap Perseroan Tahun Buku
Agenda Item 3 2024, dengan Pemberian Wewenang kepada Direksi dan Dewan Komisaris Perseroan untuk
menetapkan honorarium dan persyaratan lain dari penunjukan tersebut.
Approval of the appointment of a Public Accountant to Audit the Company for the 2024 Financial
Year, with the Granting of Authority to the Board of Directors and the Board of Commissioners to
Determine the Honorarium and Other Terms of the Appointment.
Hasil Pemungutan suara Setuju Abstain Tidak Setuju
Voting Results In Favor Abstain Disagree
39.906.453.548 18.519.900 337.922.600
suara | votes suara | votes suara | votes
(99,1147122%) (0,0459974%) (0,8392903%)
2024 Annual Report PT Pertamina Geothermal Energy Tbk 305
Page 306
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Keputusan Rapat Memberikan pelimpahan wewenang kepada Dewan Komisaris Perseroan dengan sebelumnya
Meeting Resolutions mendapatkan persetujuan dari Pemegang Saham Pengendali Perseroan untuk:
1. Menetapkan kembali KAP Purwantono, Sungkoro & Surja (member of Ernst & Young)
untuk melaksanakan Audit atas Laporan Keuangan Perseroan (Perseroan dan Anak
Perusahaan Perseroan) untuk periode Tahun Buku 2024, sesuai dengan hasil evaluasi
Dewan Komisaris Perseroan.
2. Melimpahkan wewenang kepada Dewan Komisaris Perseroan untuk menetapkan besaran
imbalan jasa audit Kantor Akuntan Publik yang telah disetujui pada keputusan angka 1 di
atas dan penambahan ruang lingkup pekerjaan yang diperlukan dan persyaratan lainnya
yang wajar bagi Kantor Akuntan Publik tersebut.
3. Melimpahkan wewenang kepada Dewan Komisaris Perseroan untuk:
a. Menetapkan Akuntan Publik dan/atau Kantor Akuntan Publik Pengganti dalam hal
Akuntan Publik dan/atau Kantor Akuntan Publik Pengganti yang telah ditunjuk tidak
dapat menyelesaikan audit Laporan Keuangan Perseroan (Perseroan dan Anak
Perusahaan Perseroan) periode tahun buku 2024 karena sebab apapun.
b. Menetapkan kondisi, persyaratan penunjukan dan imbalan jasa audit Akuntan Publik
dan/atau Kantor Akuntan Publik Pengganti.
Granted authority to the Board of Commissioners of the Company, with prior approval from the
Controlling Shareholders of the Company, to:
1. Reappoint KAP Purwantono, Sungkoro & Surja (member of Ernst & Young) to conduct an
audit of the Company’s Financial Statements (the Company and its Subsidiaries) for the
2024 financial year, in accordance with the evaluation results by the Board of Commissioners
of the Company.
2. Delegate authority to the Board of Commissioners to determine the audit fees for the Public
Accounting Firm as approved in the resolution under item 1 above, and any additional
scope of work or other reasonable requirements for the Public Accounting Firm.
3. Delegate authority to the Board of Commissioners to:
a. Appoint a substitute Public Accountant and/or Public Accounting Firm in case the
appointed Public Accountant and/or Public Accounting Firm is unable to complete the
audit of the Company’s Financial Statements (the Company and its Subsidiaries) for the
2024 financial year for any reasons.
b. Set the conditions, requirements for appointment, and audit fees for the substitute
Public Accountant and/or Public Accounting Firm.
Realisasi/Tindak lanjut Telah terealisasi dengan penunjukan KAP Purwantono, Sungkoro & Surja (Ernst & Young)
Realization/Follow-Up Act untuk mengaudit Laporan Keuangan PGE tahun 2024 tanggal 20 Januari 2025.
The appointment of KAP Purwantono, Sungkoro & Surja (Ernst & Young) to audit the 2024
Financial Statements of PGE was realized on 20 January 2025.
Mata Acara 4 Persetujuan Penetapan Remunerasi Tunjangan dan Fasilitas Lainnya Tahun Buku 2024 dan
Agenda Item 4 penghargaan atas Kinerja (Tantiem) Tahun Buku 2023 untuk Direksi dan Dewan Komisaris
Perseroan.
Approval of the Determination of Remuneration, Allowances, and Other Facilities for the 2024
Financial Year and Performance Rewards (Tantiem) for the 2023 Financial Year for the Board of
Directors and the Board of Commissioners of the Company.
Hasil Pemungutan suara Setuju Abstain Tidak Setuju
Voting Results In Favor Abstain Disagree
40.025.454.792 18.520.700 218.920.556
suara | votes suara | votes suara | votes
(99,4102728%) (0,0459994%) (0,5437278%)
306 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Keputusan Rapat 1. Remunerasi
Meeting Resolutions Memberikan wewenang dan kuasa kepada Dewan Komisaris dengan terlebih dahulu
mendapatkan persetujuan Pemegang Saham Pengendali Perseroan untuk menetapkan
honorarium, tunjangan, dan fasilitas lainnya bagi anggota Dewan Komisaris dan Direksi
Perseroan untuk tahun 2024.
2. Tantiem
Memberikan wewenang dan kuasa kepada Dewan Komisaris dengan terlebih dahulu
mendapatkan persetujuan Pemegang Saham Pengendali Perseroan untuk menetapkan
tantiem bagi Dewan Komisaris dan Direksi Perseroan untuk kinerja tahun
1. Remuneration
Granting authority and power to the Board of Commissioners, with prior approval from the
Controlling Shareholder, to determine honorarium, allowances, and other facilities for
members of the Board of Commissioners and the Board of Directors of the Company for
2024.
2. Performance Rewards
Granting authority and power to the Board of Commissioners, with prior approval from the
Controlling Shareholder, to determine tantiem for the Board of Commissioners and the
Board of Directors for their performance in 2023.
Realisasi/Tindak lanjut Telah terealisasi dengan persetujuan Remunerasi Tahun 2024 dan Tantiem Tahun Buku 2023
Realization/Follow-Up Act bagi Direksi dan Dewan Komisaris PGE melalui surat Dewan Komisaris No. R-042/PGE/
DK/2043-S0 tanggal 27 Maret 2024 perihal Persetujuan atas Usulan Penetapan Remunerasi
2024 dan Tantiem 2023 bagi Direksi dan Dewan Komisaris PT Pertamina Geothermal Energy
Tbk
Realized through the approval of the 2024 Remuneration and 2023 Tantiem for the Board of
Directors and Board of Commissioners of PGE via the Board of Commissioners' letter No. R-042/
PGE/DK/2043-S0 dated 27 March 2024, regarding Approval of the Proposed Determination of
2024 Remuneration and 2023 Tantiem for the Board of Directors and Board of Commissioners
of PT Pertamina Geothermal Energy Tbk.
Mata Acara 5 Laporan Realisasi Penggunaan Dana IPO Perseroan.
Agenda Item 5
Report on the Realization of the Use of IPO by the Company.
Hasil Pemungutan suara Tidak terdapat pemungutan suara.
Voting Results
No voting was conducted.
Keputusan Rapat Sehubungan Mata Acara Rapat Kelima ini bersifat laporan yaitu Laporan Realisasi Penggunaan
Meeting Resolutions Dana Hasil IPO Perseroan untuk periode yang berakhir pada tanggal 31 Desember 2023,
maka tidak diperlukan pengambilan keputusan.
Since the Fifth Agenda of the Meeting is a report on the realization of the use of proceeds from
the Company's IPO for the period ending 31 December 2023, no decision-making was required.
Realisasi/Tindak lanjut Telah terealisasi dengan akta Berita Acara Rapat Umum Pemegang Saham Tahunan PT
Realization/Follow-Up Act Pertamina Geothermal Energy Tbk oleh Notaris Ir. Nanette Cahyanie Handari Adi Warsito,
S.H No. 71 tanggal 28 Mei 2024 dan telah melakukan keterbukaan informasi dengan Nomor
Surat 329/PGE500/2024-S0 tanggal 15 Juli 2024.
Realized with the Deed of Minutes of the Annual General Meeting of Shareholders of PT Pertamina
Geothermal Energy Tbk by Notary Ir. Nanette Cahyanie Handari Adi Warsito, S.H No. 71
dated 28 May 2024, and disclosure of information through Letter No. 329/PGE500/2024-S0
dated 15 July 2024.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 307
Page 308
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Mata Acara 6 Laporan Pelaksanaan Program MESOP dan Persetujuan Pemberian Kuasa kepada Dewan
Agenda Item 6 Komisaris untuk Meningkatkan Modal Disetor dan Ditempatkan secara penuh dalam Rangka
Pelaksanaan Program MESOP.
Report on the Implementation of the MESOP Program and Approval for the Granting of Authority
to the Board of Commissioners to Increase Paid-Up and Issued Capital in the Context of
Implementing the MESOP Program.
Hasil Pemungutan suara Setuju Abstain Tidak Setuju
Voting Results In Favor Abstain Disagree
39.895.459.022 18.534.900 348.902.126
suara | votes suara | votes suara | votes
(99,0874054%) (0,0460347%) (0,8665599%)
Keputusan Rapat 1. ReMemberikan pelimpahan wewenang kepada Dewan Komisaris Perseroan untuk
Meeting Resolutions melakukan segala tindakan yang diperlukan dan/atau disyaratkan dalam rangka
pelaksanaan, sahnya, serta peningkatan modal ditempatkan dan disetor penuh
sehubungan dengan pelaksanaan Management and Employee Stock Option Program
(MESOP) dalam jangka waktu 12 bulan sejak Rapat ini.
2. Memberikan pelimpahan wewenang kepada Dewan Komisaris Perseroan untuk
memberikan pengarahan kepada Direksi Perseroan dalam rangka mengatur kebijakan
terkait Program MESOP, termasuk dan tidak terbatas pada periode pelaksanaan program
MESOP, total jumlah saham yang diterbitkan untuk MESOP, harga pelaksanaan, dan
ketentuan-ketentuan lainnya terkait program MESOP sebagaimana tercantum dalam
prospektus dengan memperhatikan ketentuan peraturan yang berlaku di bidang pasar
modal.
3. Memberikan kuasa dengan hak substitusi kepada Direksi Perseroan untuk melakukan
segala tindakan yang berhubungan dengan keputusan Rapat ini, termasuk namun tidak
terbatas untuk menuangkannya dalam akta notaris, menghadap pihak berwenang,
mengadakan pembicaraan, memberi dan/atau meminta keterangan, mengajukan
permohonan persetujuan dan/atau pelaporan dan/atau pemberitahuan atas perubahan
Anggaran Dasar Perseroan kepada Menteri Hukum dan Hak Asasi Manusia Republik
Indonesia maupun instansi berwenang terkait lainnya, membuat atau menandatangani
akta pernyataan keputusan Rapat Perseroan, serta melaksanakan hal-hal lain yang harus
dan/atau dapat dijalankan sehubungan dengan pelaksanaan keputusan Rapat.
1. Granted authority to the Board of Commissioners to take all necessary and/or required
actions to implement, validate, and increase the issued and fully paid-up capital related to
the Management and Employee Stock Option Program ("MESOP") within 12 months from
the date of this Meeting.
2. Authorized the Board of Commissioners to provide direction to the Board of Directors
regarding MESOP policy, including but not limited to Implementation period of the MESOP
program, total number of shares issued for MESOP, Exercise price and other terms and
conditions as outlined in the prospectus, in compliance with prevailing capital market
regulations..
3. Granted power of attorney, with the right of substitution, to the Board of Directors to
undertake all necessary actions related to this resolution, including but not limited to
documenting it in a notarial deed, engaging with relevant authorities, holding discussions,
providing and/or requesting information, submitting approval applications and/or
reporting/notifying amendments to the Company’s Articles of Association to the Ministry of
Law and Human Rights of the Republic of Indonesia and other relevant authorities, drafting
or signing the statement deed of the Meeting resolutions and executing any other actions
required for the implementation of this resolution.
308 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Realisasi/Tindak lanjut Telah terealisasi dengan akta Berita Acara Rapat Umum Pemegang Saham Tahunan PT
Realization/Follow-Up Act Pertamina Geothermal Energy Tbk oleh Notaris Ir. Nanette Cahyanie Handari Adi Warsito,
S.H No. 71 tanggal 28 Mei 2024 dan telah melakukan keterbukaan informasi dengan Nomor
Surat 592/PGE500/2024-S0 tanggal 8 November 2024.
It has been realized as documented in the Deed of Minutes of the Annual General Meeting of
Shareholders (AGMS) of PT Pertamina Geothermal Energy Tbk, executed by Notary Ir. Nanette
Cahyanie Handari Adi Warsito, S.H, under Deed No. 71 dated 28 May 2024. Additionally,
the Company has fulfilled its disclosure obligations through Letter No. 592/PGE500/2024-S0
dated 8 November 2024.
Mata Acara 7 Persetujuan Pergantian Pengurus Perseroan.
Agenda Item 7
Approval of Changes in the Company's Management.
Hasil Pemungutan suara Setuju Abstain Tidak Setuju
Voting Results In Favor Abstain Disagree
39.499.938.400 18.535.700 744.421.948
suara | votes suara | votes suara | votes
(98,1050602%) (0,0460367%) (1,8489031%)
Keputusan Rapat 1. Mengukuhkan pemberhentian dengan hormat Bapak Rachmat Hidajat dari jabatannya
Meeting Resolutions sebagai Direktur Eksplorasi & Pengembangan Perseroan, terhitung sejak ditutupnya Rapat
ini.
2. Memberhentikan dengan hormat nama-nama tersebut di bawah ini sebagai berikut:
• Bapak Sujit S. Parhar dari jabatannya sebagai Komisaris Independen Perseroan
• Bapak Dannif Danusaputro dari jabatannya sebagai Komisaris Perseroan Terhitung
sejak ditutupnya Rapat ini.
3. Mengangkat nama-nama tersebut di bawah ini sebagai Pengurus Perseroan sebagai
berikut:
• Bapak Abdulla Zayed sebagai Komisaris Independen Perseroan
• Bapak John Anis Iwan Anis sebagai Komisaris Perseroan
• Bapak Edwil Suzandi sebagai Direktur Eksplorasi & Pengembangan Perseroan
Terhitung sejak ditutupnya Rapat ini masing-masing untuk satu kali periode jabatan
sesuai dengan ketentuan Anggaran Dasar Perseroan tanpa mengurangi hak RUPS
untuk memberhentikan sewaktu-waktu.
4. Sehubungan dengan yang dimaksud pada angka 1,2 dan 3, maka susunan pengurus
Perseroan menjadi sebagai berikut:
Dewan Komisaris
• Komisaris Utama/Komisaris Independen : Bapak Sarman Simanjorang
• Komisaris Independen : Bapak Abdulla Zayed
• Komisaris : Bapak John Anis
• Komisaris : Bapak Harris
Direksi
• Direktur Utama : Bapak Julfi Hadi
• Direktur Eksplorasi & Pengembangan : Bapak Edwil Suzandi
• Direktur Operasi : Bapak Ahmad Yani
• Direktur Keuangan : Bapak Yurizki Rio
5. Menyetujui memberi wewenang dan kuasa dengan hak substitusi kepada Direksi Perseroan
untuk melakukan segala tindakan sehubungan dengan pergantian pengurus Perseroan
tersebut, termasuk tetapi tidak terbatas untuk membuat dan/atau meminta untuk dibuatkan
dan menandatangani segala akta, sehubungan dengan pergantian pengurus Perseroan
tersebut serta memberitahukan perubahan data Perseroan kepada Menteri Hukum dan
Hak Asasi Manusia Republik Indonesia.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 309
Page 310
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
1. Resolved to confirm the honorable dismissal of Rachmat Hidajat from his position as Director
of Exploration & Development of the Company, effective upon the conclusion of this Meeting.
2. Resolved to honorably discharge the following individuals:
• Sujit S. Parhar from his position as Independent Commissioner of the Company
• Dannif Danusaputro from his position as Commissioner of the Company These
dismissals are effective as of the conclusion of this Meeting.
3. The Meeting resolved to appoint the following individuals as members of the Company's
management:
• Abdulla Zayed as Independent Commissioner of the Company
• John Anis as Commissioner of the Company
• Edwil Suzandi as Director of Exploration & Development of the Company
These appointments take effect upon the conclusion of this Meeting, with each individual
serving for one term in accordance with the Company's Articles of Association, without
prejudice to the General Meeting of Shareholders' (GMS) right to dismiss them at any time.
4. Following these resolutions, the composition of the Company's management is as follows:
Board of Commissioners
• President Commissioner / Independent Commissioner : Mr. Sarman Simanjorang
• Independent Commissioner : Mr. Abdulla Zayed
• Commissioner : Mr. John Anis
• Commissioner : Mr. Harris
Board of Directors
• President Director : Mr. Julfi Hadi
• Director of Exploration & Development : Mr. Edwil Suzandi
• Director of Operations : Mr. Ahmad Yani
• Director of Finance : Mr. Yurizki Rio
5. Approved the delegation of authority and power, with the right of substitution, to the
Company's Board of Directors to undertake all necessary actions related to the changes in
the Company's management. This includes, but is not limited to, drafting and/or requesting
the drafting and signing of all necessary deeds related to the management changes, as well
as notifying the Minister of Law and Human Rights of the Republic of Indonesia regarding
the updates to the Company's data.
Realisasi/Tindak lanjut Telah terealisasi efektif pada penutupan RUPST 28 Mei 2024 yang disahkan dengan akta
Realization/Follow-Up Act Notaris Ir. Nanette Cahyanie Handari Adi Warsito, S.H No. 19 tanggal 10 Juni 2024.
The changes have been effectively implemented as of the close of the AGMS on 28 May 2024,
as documented in the Deed No. 19 dated 10 June 2024, executed by Notary Ir. Nanette
Cahyanie Handari Adi Warsito, S.H.
310 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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RUPSLB 12 Februari 2024 EGMS on 12 February 2024
PGE melaksanakan RUPSLB pada hari Senin, PGE convened its EGMS on Monday, 12 February
12 Februari 2024 di Ballroom Grha Pertamina, 2024, at the Ballroom of Grha Pertamina, Jl. Medan
Jl. Medan Merdeka Timur No. 11-13 Gambir, Jakarta Merdeka Timur No. 11-13, Gambir, Central Jakarta,
Pusat, pukul 14.25 WIB. RUPSLB dihadiri oleh commencing at 14:25 WIB. The meeting was attended
pemegang saham serta perwakilan atau kuasa dari by shareholders and their authorized representatives,
pemegang saham sebanyak 39.744.431.826 lembar representing 39,744,431,826 shares or 96.0099901%
saham atau mewakili 96,0099901% dari seluruh of the total issued shares of the Company with valid
saham yang telah dikeluarkan Perseroan dengan hak voting rights, totaling 41,396,142,000 shares.
suara yang sah sejumlah 41.396.142.000 lembar
saham.
Dengan tercapainya kuorum sebagaimana diatur With the quorum requirement as stipulated in the
dalam Anggaran Dasar Perseroan, RUPSLB dinyatakan Company’s Articles of Association duly met, the EGMS
sah dan berhak untuk mengambil keputusan yang sah was declared valid and authorized to adopt binding
serta mengikat terkait hal-hal yang dibahas sesuai resolutions on matters discussed in accordance with the
dengan agenda yang telah ditetapkan. predetermined agenda.
Proses penghitungan suara dan/atau melakukan The process of vote counting and/or validation was
validasi Perseroan dibantu oleh BAE PT Datindo facilitated by the Company’s share registrar, PT Datindo
Entrycom. Keputusan RUPSLB telah disahkan dengan Entrycom. The resolutions of the EGMS were formally
Akta Berita Acara Rapat Umum Pemegang Saham Luar legalized through the Deed of Minutes of the
Biasa PT Pertamina Geothermal Energy Tbk oleh Extraordinary General Meeting of Shareholders of PT
Notaris Ir. Nanette Cahyanie Handari Adi Warsito, Pertamina Geothermal Energy Tbk, notarized by Ir.
S.H No. 8 tanggal 12 Februari 2024. Nanette Cahyanie Handari Adi Warsito, S.H, under
Deed No. 8 dated 12 February 2024.
Hasil pemungutan suara dan ringkasan risalah RUPSLB The voting results and a summary of the EGMS minutes
secara lengkap diumumkan ke publik pada hari kerja were publicly announced on the following business day
berikutnya melalui pengumuman di online reporting through OJK (Financial Services Authority) and IDX
OJK dan BEI, serta informasi di situs web Perseroan. (Indonesia Stock Exchange) online reporting systems,
Ringkasan risalah RUPS tersedia dalam situs web as well as the Company’s website. The summary of the
Perseroan minimal selama satu tahun. EGMS minutes remains available on the Company’s
website for at least one year.
Kehadiran Dewan Komisaris dan Attendance of the Board of
Direksi dalam RUPSLB Commissioners and Board of
Directors at the EGMS
RUPSLB dihadiri secara luring oleh seluruh Dewan The EGMS was attended in person by all members of
Komisaris dan Direksi yang menjabat dengan tingkat the Board of Commissioners and Board of Directors,
kehadiran 100%. achieving a 100% attendance rate.
Dewan Komisaris | Board of Commissioners
Komisaris Utama/Komisaris Independen Sarman Simanjorang
President Commissioner/Independent Commissioner
Komisaris Independen Sujit S. Parhar
Independent Commissioner
Komisaris Dannif Danusaputro
Commissioner
Komisaris
Harris
Commissioner
2024 Annual Report PT Pertamina Geothermal Energy Tbk 311
Page 312
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Direksi | Board of Directors
Direktur Utama
President Director Julfi Hadi
Direktur Eksplorasi & Pengembangan
Rachmat Hidajat
Director of Exploration and Development
Direktur Operasi
Ahmad Yani
Director of Operations
Direktur Keuangan
Nelwin Aldriansyah
Director of Finance
Keputusan dan Realisasi RUPSLB
EGMS Resolutions and Realization
Mata Acara 1 Persetujuan Pergantian Pengurus Perseroan.
Agenda Item 1
Approval of Change in the Company’s Management
Hasil Pemungutan suara Setuju Abstain Tidak Setuju
Voting Results In Favor Abstain Disagree
39.431.333.900 103.156.800 209.941.126
suara | votes suara | votes suara |votes
(99,2122219%) (0,2595503%) (0,5282278%)
Keputusan Rapat 1. Menyetujui pemberhentian dengan hormat Bapak Nelwin Aldriansyah sebagai Direktur
Meeting Resolutions Keuangan Perseroan berlaku efektif terhitung sejak tanggal ditutupnya Rapat ini.
2. Menyetujui pengangkatan Bapak Yurizki Rio sebagai Direktur Keuangan Perseroan
berlaku efektif terhitung sejak tanggal ditutupnya Rapat ini untuk satu kali periode jabatan
sesuai dengan ketentuan Anggaran Dasar Perseroan tanpa mengurangi hak RUPS untuk
memberhentikan sewaktu-waktu.
3. Sehubungan dengan adanya pemberhentian dan pengangkatan Direktur Keuangan
sebagaimana dimaksud pada angka 1 dan 2, maka susunan pengurus Perseroan menjadi
sebagai berikut:
Dewan Komisaris
• Komisaris Utama/Komisaris Independen : Bapak Sarman Simanjorang
• Komisaris Independen : Bapak Sujit S. Parhar
• Komisaris Independen : Bapak Dannif Danusaputro
• Komisaris : Bapak Harris
Direksi
• Direktur Utama : Bapak Julfi Hadi
• Direktur Eksplorasi & Pengembangan : Bapak Rachmat Hidajat
• Direktur Operasi : Bapak Ahmad Yani
• Direktur Keuangan : Bapak Yurizki Rio
4. Menyetujui memberi wewenang dan kuasa dengan hak substitusi kepada Direksi Perseroan
untuk melakukan segala tindakan sehubungan dengan pergantian pengurus Perseroan
tersebut, termasuk tetapi tidak terbatas untuk membuat dan/atau meminta untuk dibuatkan
dan menandatangani segala akta, sehubungan dengan pergantian pengurus Perseroan
tersebut serta memberitahukan perubahan data Perseroan kepada Menteri Hukum dan
Hak Asasi Manusia Republik Indonesia.
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1. Approved the honorable discharge of Mr. Nelwin Aldriansyah from his position as Director
of Finance of the Company, effective as of the closing date of this Meeting.
2. Approved the appointment of Mr. Yurizki Rio as Director of Finance of the Company,
effective as of the closing date of this Meeting, for a single term in accordance with the
Company's Articles of Association, without prejudice to the right of the General Meeting of
Shareholders (GMS) to dismiss at any time.
3. In connection with the dismissal and appointment of the Director of Finance as mentioned in
points 1 and 2, the composition of the Company's management is as follows:
Board of Commissioners
• President Commissioner/Independent Commissioner : Mr. Sarman Simanjorang
• Independent Commissioner : Mr. Sujit S. Parhar
• Independent Commissioner : Mr. Dannif Danusaputro
• Commissioner : Mr. Harris
Board of Directors
• President Director: Mr. Julfi Hadi
• Director of Exploration & Development: Mr. Rachmat Hidajat
• Director of Operations: Mr. Ahmad Yani
• Director of Finance: Mr. Yurizki Rio
4. Approved the granting of authority and power, with the right of substitution, to the
Company’s Board of Directors to undertake all necessary actions related to the changes in
the Company’s management. This includes, but is not limited to, drafting and/or requesting
the drafting and signing of all deeds related to such changes and notifying the Minister of
Law and Human Rights of the Republic of Indonesia regarding the amendments to the
Company’s data.
Realisasi/Tindak lanjut Telah terealisasi efektif pada penutupan RUPSLB 12 Februari 2024 yang disahkan dengan akta
Realization/Follow-Up Act Notaris Ir. Nanette Cahyanie Handari Adi Warsito, S.H. No. 12 tanggal 19 Februari 2024.
It has been effectively realized at the closing of the EGMS on 12 February 2024, as legalized
by Notarial Deed No. 12 dated 19 February 2024, by Notary Ir. Nanette Cahyanie Handari
Adi Warsito, S.H.
RUPSLB 31 Juli 2024 EGMS 31 July 2024
PGE melaksanakan RUPSLB pada hari Rabu, 31 Juli PGE convened an EGMS on Wednesday, 31 July
2024 secara fisik di Ballroom Grha Pertamina, 2024 both in-person at the Grha Pertamina Ballroom,
Jl. Medan Merdeka Timur No. 11-13 Gambir, Jakarta Jl. Medan Merdeka Timur No. 11-13, Gambir, Central
Pusat dan secara elektronik dengan mengakses fasilitas Jakarta, and electronically via the eASY.KSEI (Electronic
eASY.KSEI (Electronic General Meeting System KSEI) General Meeting System KSEI) platform provided by
yang disediakan oleh PT Kustodian Sentral Efek PT Kustodian Sentral Efek Indonesia (“KSEI”), at 14:35
Indonesia (“KSEI”), pukul 14.35 WIB. RUPSLB dihadiri WIB. The EGMS was attended by shareholders as well
oleh pemegang saham serta perwakilan atau kuasa as representatives or proxies of shareholders, holding a
dari pemegang saham sebanyak 40.345.331.502 total of 40,345,331,502 shares, representing
lembar saham atau mewakili 97,2293629% dari 97.2293629% of the total issued shares of the
seluruh saham yang telah dikeluarkan Perseroan Company, with valid voting rights amounting to
dengan hak suara yang sah sejumlah 41.495.007.591 41,495,007,591 shares.
lembar saham.
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Dengan tercapainya kuorum sebagaimana diatur With the quorum duly met as stipulated in the
dalam Anggaran Dasar Perseroan, RUPSLB dinyatakan Company’s Articles of Association, the EGMS was
sah dan berhak untuk mengambil keputusan yang sah declared valid and authorized to make legally binding
serta mengikat terkait hal-hal yang dibahas sesuai decisions on the matters discussed, in accordance with
dengan agenda yang telah ditetapkan. the predetermined agenda.
Proses penghitungan suara dan/atau melakukan The voting process and/or validation of the Company’s
validasi Perseroan dibantu oleh BAE PT Datindo resolutions were assisted by the Company’s share
Entrycom. Keputusan RUPSLB telah disahkan dengan registrar, PT Datindo Entrycom. The EGMS resolutions
Akta Berita Acara Rapat Umum Pemegang Saham Luar were formally legalized through the Minutes of the
Biasa PT Pertamina Geothermal Energy Tbk oleh Extraordinary General Meeting of Shareholders of PT
Notaris Ir. Nanette Cahyanie Handari Adi Warsito, Pertamina Geothermal Energy Tbk, notarized by Ir.
S.H No. 27 tanggal 31 Juli 2024. Nanette Cahyanie Handari Adi Warsito, S.H, under
Deed No. 27 dated 31 July 2024.
Hasil pemungutan suara dan ringkasan risalah RUPS The voting results and a summary of the EGMS minutes
secara lengkap diumumkan ke publik pada hari kerja were publicly announced on the following business
berikutnya melalui pengumuman di media massa, day through mass media, the OJK and IDX online
online reporting OJK dan BEI, serta informasi di situs reporting platforms, as well as the Company’s website.
web Perseroan. Ringkasan risalah RUPS tersedia dalam The summary of the EGMS minutes will remain
situs web Perseroan minimal selama satu tahun. available on the Company’s website for at least one
year.
Kehadiran Dewan Komisaris dan Attendance of the Board of
Direksi dalam RUPSLB Commissioners and Board of
Directors at the EGMS
RUPSLB dihadiri secara luring oleh seluruh Dewan The EGMS was attended in person by all serving
Komisaris dan Direksi yang menjabat dengan tingkat members of the Board of Commissioners and the Board
kehadiran 100%. of Directors, achieving a 100% attendance rate.
Dewan Komisaris | Board of Commissioners
Komisaris Utama/Komisaris Independen Sarman Simanjorang
President Commissioner/Independent Commissioner
Komisaris Independen Abdulla Zayed
Independent Commissioner
Komisaris John Anis
Commissioner
Komisaris Harris
Commissioner
Direksi | Board of Directors
Direktur Utama
Julfi Hadi
President Director
Direktur Eksplorasi & Pengembangan Edwil Suzandi
Director of Exploration and Development
Direktur Operasi Ahmad Yani
Director of Operations
Direktur Keuangan Yurizki Rio
Director of Finance
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Keputusan dan Realisasi RUPSLB
Resolutions and Realization of the EGMS
Mata Acara 1 Perubahan Pengurus Perseroan.
Agenda Item 1 Changes in the Company's Management
Hasil Pemungutan suara Setuju Abstain Tidak Setuju
Voting Results In Favor Abstain Disagree
39.496.712.272 13.149.152 835.470.078
suara | votes suara | votes suara |votes
(97,8966111%) (0,0325915%) (2,0707974%)
Keputusan Rapat 1. Memberhentikan dengan hormat Bapak Harris dari jabatannya sebagai Komisaris
Meeting Resolutions Perseroan terhitung sejak ditutupnya Rapat ini.
2. Mengangkat nama-nama tersebut di bawah ini sebagai Pengurus Perseroan sebagai
berikut:
• Bapak Abdul Musawir Yahya sebagai Komisaris Independen Perseroan
• Bapak Gigih Udi Atmo sebagai Komisaris Perseroan
Terhitung sejak ditutupnya Rapat ini, masing-masing untuk satu kali periode jabatan sesuai
dengan ketentuan Anggaran Dasar Perseroan tanpa mengurangi hak RUPS untuk
memberhentikan sewaktu-waktu.
3. Sehubungan dengan yang dimaksud pada angka 1 dan 2, maka susunan pengurus
Perseroan menjadi sebagai berikut:
Dewan Komisaris
• Komisaris Utama/Komisaris Independen : Bapak Sarman Simanjorang
• Komisaris Independen : Bapak Abdulla Zayed
• Komisaris Independe : Bapak Abdul Musawir Yahya
• Komisaris : Bapak John Anis
• Komisaris : Bapak Gigih Udi Atmo
Direksi
• Direktur Utama : Bapak Julfi Hadi
• Direktur Eksplorasi & Pengembangan : Bapak Edwil Suzandi
• Direktur Operasi : Bapak Ahmad Yani
• Direktur Keuangan : Bapak Yurizki Rio
4. Menyetujui memberi wewenang dan kuasa dengan hak substitusi kepada Direksi Perseroan
untuk melakukan segala tindakan sehubungan dengan pergantian pengurus Perseroan
tersebut, termasuk tetapi tidak terbatas untuk membuat dan/atau meminta untuk dibuatkan
dan menandatangani segala akta, sehubungan dengan pergantian pengurus Perseroan
tersebut serta memberitahukan perubahan data Perseroan kepada Menteri Hukum dan
Hak Asasi Manusia Republik Indonesia.
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07 TATA KELOLA PERUSAHAAN
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1. Respectfully dismissed Mr. Harris from his position as Commissioner of the Company,
effective as of the closing of this Meeting.
2. Appointing the following individuals as members of the Company's management:
• Mr. Abdul Musawir Yahya as Independent Commissioner of the Company
• Mr. Gigih Udi Atmo as Commissioner of the Company
Effective as of the closing of this Meeting, each for a single term of office in accordance with
the provisions of the Company's Articles of Association, without prejudice to the right of the
General Meeting of Shareholders (GMS) to dismiss them at any time.
3. In relation to the matters stated in points 1 and 2, the composition of the Company's
management is as follows:
Board of Commissioners:
• President Commissioner/Independent Commissioner: Mr. Sarman Simanjorang
• Independent Commissioner: Mr. Sujit S. Parhar
• Independent Commissioner: Mr. Dannif Danusaputro
• Independent Commissioner: Mr. Abdul Musawir Yahya
• Commissioner: Mr. Gigih Udi Atmo
Board of Directors:
• President Director: Mr. Julfi Hadi
• Director of Exploration & Development: Mr. Rachmat Hidajat
• Director of Operations: Mr. Ahmad Yani
• Director of Finance: Mr. Yurizki Rio
4. Approving the granting of authority and power, with the right of substitution, to the
Company’s Board of Directors to undertake all necessary actions related to the changes in
the Company's management. This includes, but is not limited to, preparing and/or requesting
the preparation of, as well as signing, all necessary deeds in connection with the changes
in the Company's management, and notifying the Ministry of Law and Human Rights of the
Republic of Indonesia regarding the changes in the Company's corporate data.
Realisasi/Tindak lanjut Telah terealisasi efektif pada penutupan RUPSLB 12 Februari 2024 yang disahkan dengan
Realization/Follow-Up Act akta Notaris Ir. Nanette Cahyanie Handari Adi Warsito, S.H No. 8 tanggal 6 Agustus 2024.
It was effectively realized at the closing of the Extraordinary General Meeting of Shareholders
(EGMS) on 12 February 2024, as legalized by Notarial Deed No. 8 dated 6 August 2024, by
Notary Ir. Nanette Cahyanie Handari Adi Warsito, S.H.
Keputusan RUPS Tahun Sebelumnya Resolutions of Previous Year’s GMS
(Tahun 2023) (Year 2023)
Selama tahun 2023, Perseroan menyelenggarakan Throughout 2023, the Company convened one AGMS,
satu kali RUPST, tiga kali Keputusan Pemegang Saham three Circular Shareholders’ Resolutions (KPSSS), and
Secara Sirkuler (KPSSS) dan satu kali Keputusan one Resolution Based on Delegation of Authority from
Berdasarkan Pelimpahan Kewenangan dari Pemegang Shareholders. All of these resolutions have been fully
Saham. Seluruh keputusan tersebut telah direalisasikan realized and reported in the 2023 PGE Annual Report.
dan dilaporkan pada Laporan Tahunan PGE tahun
2023.
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Frekuensi Kehadiran Dewan Komisaris dan Direksi dalam RUPS
Attendance Frequency of the Board of Commissioners and Board of the Directors in GMS
RUPSLB 12 RUPST 28 Mei RUPSLB 31 Juli Frekuensi
Nama dan Jabatan Februari 2024 2024 2024 Kehadiran (%)
Name and position EGMS on 12 AGMS on 28 May EGMS on 31 July Attendance
February 2024 2024 2024 Frequency (%)
Dewan Komisaris | Board of Commissioners
Sarman Simanjorang (Komisaris
Utama/ Komisaris Independen)
(President Commissioner/
100%
Independent Commissioner)
Sujit S. Parhar1
(Komisaris Independen) - 100%
(Independent Commissioner)
Dannif Danusaputro1
(Komisaris) - 100%
(Commissioner)
Harris3
(Komisaris) 100%
(Commissioner)
Abdulla Zayed2 (Komisaris
Independen) - 100%
(Independent Commissioner)
Abdul Musawir Yahya4
(Komisaris Independen) - - - -
(Independent Commissioner)
John Anis2
(Komisaris) - - 100%
(Commissioner)
Gigih Udi Atmo4
(Komisaris) - - - -
(Commissioner)
Direksi |Board of Directors
Julfi Hadi
(Direktur Utama) 100%
(President Director)
Ahmad Yani
(Direktur Operasi) 100%
(Director of Operations)
Rachmad Hidajat1
(Direktur Eksplorasi dan
Pengembangan) - 100%
(Director of Exploration and
Development)
Edwil Suzandi2
(Direktur Eksplorasi dan
Pengembangan) - - - -
(Director of Exploration and
Development)
Nelwin Aldriansyah5
(Direktur Keuangan) - - 100%
(Director of Finance)
Yurizki Rio6
(Direktur Keuangan) - 100%
(Director of Finance)
Keterangan : Notes :
1
Tidak lagi menjabat sejak 28 Mei 2024 1
No longer serving since 28 May 2024
2
Diangkat pada 28 Mei 2024 2
Appointed on 28 May 2024
3
Tidak lagi menjabat sejak 31 Juli 2024 3
No longer serving since 31 July 2024
4
Diangkat pada 31 Juli 2024 4
Appointed on 31 July 2024
5
Tidak lagi menjabat sejak 12 Februari 2024 5
No longer serving since 12 February 2024
6
Diangkat pada 12 Februari 2024 6
Appointed on 12 February 2024
2024 Annual Report PT Pertamina Geothermal Energy Tbk 317
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
DEWAN KOMISARIS
BOARD OF COMMISSIONERS
Dewan Komisaris merupakan organ Perseroan yang The Board of Commissioners is a Company’s organ
bertugas melakukan fungsi pengawasan pengelolaan tasked with overseeing the management of the
Perseroan oleh Direksi, termasuk memastikan Company by the Board of Directors, including ensuring
penerapan GCG telah berjalan secara berkelanjutan the continuous implementation of GCG across all
di seluruh prosesnya. processes.
Dalam praktiknya, Dewan Komisaris akan memberikan In practice, the Board of Commissioners provides
saran, nasihat, dan rekomendasi kepada Direksi, advice, recommendations, and guidance to the Board
khususnya terkait kebijakan perusahaan, penerapan of Directors, particularly regarding corporate policies,
strategi, penilaian risiko, serta pengawasan audit. strategy implementation, risk assessment, and audit
Pelaksanaan fungsi pengawasan Dewan Komisaris oversight. The Board of Commissioners' supervisory
dibantu Komite di bawah Dewan Komisaris yaitu function is supported by committees under its
Komite Audit, Komite Nominasi dan Remunerasi, serta supervision, namely the Audit Committee, the
Komite Investasi dan Manajemen Risiko. Nomination and Remuneration Committee, and the
Investment and Risk Management Committee.
Komposisi Dewan Komisaris Composition of the Board of
Commissioners
Sesuai ketentuan dalam Anggaran Dasar Perseroan, In accordance with the provisions of the Company's
komposisi Dewan Komisaris minimal terdiri dari tiga Articles of Association, the Board of Commissioners
anggota, yang mencakup satu Presiden Komisaris serta must consist of at least three members, including one
dua atau lebih anggota Komisaris. Dalam menjalankan President Commissioner and two or more Commissioners.
tugasnya, Dewan Komisaris mengambil keputusan In executing its duties, the Board of Commissioners
secara kolektif, sehingga setiap anggota wajib makes decisions collectively, meaning that each
bertindak berdasarkan kesepakatan bersama dan tidak member is required to act based on mutual agreement
dapat bertindak secara individu. and cannot act individually.
Sepanjang tahun 2024 terdapat perubahan komposisi Throughout 2024, there were changes in the
Dewan Komisaris sebagai berikut: composition of the Board of Commissioners as follows:
• Menyetujui pemberhentian Sujit S. Parhar dari • Approved the honorable discharge of Sujit S.
jabatannya sebagai Komisaris Independen Parhar from his position as Independent
Perseroan dan Dannif Danusaputro dari jabatannya Commissioner and Dannif Danusaputro from his
sebagai Komisaris Perseroan, berdasarkan position as Commissioner of the Company, based
Keputusan RUPST tanggal 28 Mei 2024 yang on the resolution of AGMS on 28 May 2024, as
disahkan oleh Akta Notaris legalized by Notarial Deed No. 71 dated 28
No. 71 tanggal 28 Mei 2024. May 2024.
• Menyetujui pengangkatan Abdulla Zayed sebagai • Approved the appointment of Abdulla Zayed as
Komisaris Independen Perseroan dan John Anis Independent Commissioner and John Anis as
sebagai Komisaris Perseroan efektif sejak keputusan Commissioner of the Company, effective as of the
RUPST tanggal 28 Mei 2024 yang disahkan oleh resolution of the AGMS on 28 May 2024, as
Akta Notaris No. 71 tanggal 28 Mei 2024. legalized by Notarial Deed No. 71 dated 28
May 2024.
• Menyetujui pemberhentian Harris dari jabatannya • Approved the honorable discharge of Harris from
sebagai Komisaris Perseroan berdasarkan RUPSLB his position as Commissioner of the Company
tanggal 31 Juli 2024 yang disahkan oleh Akta based on the resolution of the EGMS on 31 July
Notaris No. 8 tanggal 8 Agustus 2024. 2024, as legalized by Notarial Deed No. 8 dated
8 August 2024.
• Menyetujui pengangkatan Abdul Musawir Yahya • Approved the appointment of Abdul Musawir
sebagai Komisaris Independen Perseroan dan Yahya as Independent Commissioner and Gigih
Gigih Udi Atmo sebagai Komisaris Perseroan Udi Atmo as Commissioner of the Company,
efektif sejak keputusan RUPSLB tanggal 31 Juli effective as of the resolution of the EGMS on 31
2024 yang disahkan oleh Akta Notaris No. 8 July 2024, as legalized by Notarial Deed No. 8
tanggal 8 Agustus 2024. dated 8 August 2024.
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Dengan demikian, komposisi Dewan Komisaris per Thus, the composition of the Board of Commissioners as
31 Desember 2024 adalah sebagai berikut: of 31 December 2024 is as follows:
Dewan Komisaris | Board of Commissioners
Komisaris Utama/Komisaris Independen Sarman Simanjorang
President Commissioner/Independent Commissioner
Komisaris Independen Abdulla Zayed
Independent Commissioner
Komisaris Independen Abdul Musawir Yahya
Independent Commissioner
Komisaris John Anis
Commissioner
Komisaris
Gigih Udi Atmo
Commissioner
Komisaris Independen Independent Commissioners
Pada tahun 2024, terdapat tiga Komisaris Independen In 2024, the Company had three independent
dari lima anggota Dewan Komisaris PGE, atau setara commissioners among five members of PGE’s Board of
60%. Jumlah ini telah memenuhi ketentuan dalam Commissioners, or equivalent to 60%. This number has
Peraturan OJK No. 33/POJK.04/2014 tentang Direksi fulfilled the provisions regulated in Regulation of the
dan Dewan Komisaris Emiten atau Perusahaan Publik Financial Services Authority No. 33/POJK.04/2014
yang mewajibkan perusahaan publik memiliki Komisaris on the Board of Directors and the Board of
Independen sekurang-kurangnya 30% dari total Commissioners of Issuers or Public Companies, which
anggota Dewan Komisaris. requires public companies to have Independent
Commissioners who represent a minimum of 30% of the
total members of the Board of Commissioners.
Jumlah Komisaris Independen tersebut juga telah sesuai The number of Independent Commissioners has also
dengan ketentuan Peraturan Menteri BUMN No. complied with the provision in Regulation of the Minister
PER-2/MBU/03/2023 tentang Pedoman Tata Kelola of SOEs No. PER-2/MBU/03/2023 on Manual for
dan Kegiatan Korporasi Signifikan BUMN, yang Governance and Significant Corporate Activities of
mengatur bahwa komposisi Dewan Komisaris harus SOEs, which states that the composition of the Board of
mencakup paling sedikit 20% Komisaris Independen Commissioners must include at least 20% Independent
yang ditetapkan dalam keputusan pengangkatannya. Commissioners as stipulated in the decree of
appointment.
Perseroan juga telah memenuhi ketentuan pedoman The Company has also fulfilled the provision in the
Asean Corporate Governance Scorecard (ACGS) yang ASEAN Corporate Governance Scorecard (ACGS)
mensyaratkan Komisaris Independen hingga 50%. Manual, which requires Independent Commissioners to
Komisaris Independen PGE per 31 Desember 2024 constitute up to 50% of the Board of Commissioners.
adalah Sarman Simanjorang, Abdulla Zayed, dan PGE’s Independent Commissioners as of 31 December
Abdul Musawir Yahya. 2024 were Sarman Simanjorang, Abdulla Zayed, and
Abdul Musawir Yahya.
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Kriteria dan Pernyataan Criteria and Independent Statement
Independensi Komisaris Independen of Independent Commissioners
Sesuai Peraturan OJK No. 33/POJK.04/2014 tentang According to POJK No. 33/POJK.04/2014 on the
Direksi dan Dewan Komisaris Emiten atau Perusahaan Board of Directors and the Board of Commissioners of
Publik, komisaris Independen adalah anggota Dewan Issuers or Public Companies, an Independent
Komisaris yang tidak memiliki hubungan afiliasi dengan Commissioner is a member of the Board of
Perseroan dan memenuhi persyaratan sesuai kriteria Commissioners who has no affiliation with the Company
Komisaris Independen. and meets the requirements according to the criteria for
Independent Commissioners.
Seluruh Komisaris Independen Perseroan secara All Independent Commissioners of the Company
berkala menyatakan independensinya dalam periodically declare their independence in a written
pernyataan tertulis yang dokumennya disimpan oleh statement, which document is kept by the Legal &
Divisi Legal & Compliance untuk keperluan arsip dan Compliance Division for archive and supervisory
pengawasan. purposes.
Pernyataan Independensi Komisaris Independen
Independence Statement of Independent Commissioners
Abdul
Keterangan Sarman Sujit S. Abdulla
No. Musawir
Description Simanjorang Parhar1 Zayed
Yahya
Pernyataan Independensi
Statement of Independence
1 Tidak bekerja atau memiliki wewenang untuk merencanakan,
memimpin, mengendalikan, atau mengawasi kegiatan
Perseroan dalam enam bulan terakhir.
Not working or has authority to plan, lead, control, or
supervise the Company’s activities for the last six months.
2 Tidak secara langsung maupun tidak langsung memiliki
saham di Perseroan.
Not directly or indirectly owning any shares in the Company.
3 Tidak memiliki hubungan afiliasi dengan Perseroan atau
pemegang saham utama/pengendali atau salah satu
anggota Dewan Komisaris atau Direksi.
Not having any affiliation with the Company or the ultimate/
controlling shareholders or one of members of the Board of
Commissioners or the Board of Directors.
4 Tidak memiliki hubungan kerja baik profesional langsung
maupun tidak langsung dengan Perseroan.
Not directly or indirectly having any work or professional
relationship with the Company.
Pernyataan Kepatuhan
Statement of Compliance
5 Memenuhi persyaratan menjadi anggota Dewan Komisaris
sesuai ketentuan dan peraturan induk Perseroan.
Meeting the requirements to become a member of the Board
of Commissioners in accordance with the provisions and
regulations of the parent Company.
Keterngan | Note :
1
Menjabat hingga 28 Mei 2024
1
Serving until 28 May 2024
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Board Manual Dewan Komisaris Board Manual for the Board of
Commissioners
Pedoman kerja Dewan Komisaris tercantum dalam The work manual for the Board of Commissioners is
Board Manual yang telah diperbarui outlined in the Board Manual and has been updated
melalui Surat Keputusan No.022/DK/PGE/2023-S0 through Decree No.022/DK/PGE/2023-S0 and No.
dan No.Kpts-058/PGE000/2023-S0 tanggal Kpts-058/PGE000/2023-S0 dated 30 August 2023.
30 Agustus 2023. Board Manual tersebut dievaluasi The Board Manual is periodically evaluated and
dan diperbarui secara berkala dengan mengacu updated with reference to applicable regulations and
pada peraturan dan ketentuan yang berlaku. provisions.
Isi dari Board Manual mencakup persyaratan Dewan The contents of the Board Manual include the
Komisaris, masa jabatan, pengaturan pemberhentian requirements for the Board of Commissioners, term of
dan pengunduran diri, tugas dan kewajiban, office, regulations on dismissal and resignation, duties
wewenang, kebijakan rapat, evaluasi kinerja, hingga and responsibilities, authorities, meeting policies,
pengaturan organ pendukung. Penjelasan lebih lanjut performance evaluation, and the organization of
terkait Board Manual Dewan Komisaris bisa dilihat supporting organs. Further explanation on the Board
dalam situs web Perseroan https://www.pge. Manual for the Board of Commissioners can be found
pertamina.com/Media/Uploads/keberlanjutan/file/ on the Company’s official website under the document
Board%20Manual%202023_.pdf titled https://www.pge.pertamina.com/Media/
Uploads/keberlanjutan/file/Board%20Manual%20
2023_.pdf
Tugas dan Tanggung Jawab Dewan Duties and Responsibilities of the
Komisaris Board of Commissioners
Board Manual menyusun tugas dan tanggung jawab The Board Manual formulates the duties and
Dewan Komisaris sebagai berikut: responsibilities of the Board of Commissioners as
follows:
1. Dewan Komisaris bertugas melakukan pengawasan 1. The Board of Commissioners is responsible for
terhadap kebijakan dan jalannya pengurusan overseeing the policies and the course of the
pada umumnya, baik mengenai Perseroan maupun management of the Company and its businesses
usaha Perseroan yang dilakukan oleh Direksi, serta conducted by the Board of Directors in general, as
memberikan nasihat kepada Direksi termasuk well as providing advice to the Board of Directors,
pengawasan terhadap pelaksanaan Rencana including on the supervision of the implementation
Jangka Panjang Perusahaan (RJPP), Rencana Kerja of the Company Long-Term Plans, the Company
dan Anggaran Perusahaan (RKAP), ketentuan Work Plan and Budget, provisions of the Articles of
Anggaran Dasar dan Keputusan RUPS, serta Association and the GMS Resolutions, and
peraturan perundang-undangan yang berlaku, applicable laws and regulations, for the interest of
untuk kepentingan Perseroan dan sesuai dengan the Company in accordance with the purpose and
maksud dan tujuan Perseroan. objectives of the Company.
2. Dalam melaksanakan tugasnya tersebut, setiap 2. In performing its duties, each member of the Board
anggota Dewan Komisaris harus: of Commissioners must:
• Mematuhi ketentuan Anggaran Dasar • Comply with the Company’s Articles of
Perseroan, keputusan RUPS dan peraturan Association, the GMS Resolutions, and
perundang-undangan yang berlaku serta applicable laws and regulations, as well as
prinsip-prinsip profesionalisme, efisiensi, principles of professionalism, efficiency,
transparansi, kemandirian, akuntabilitas, transparency, independence, accountability,
pertanggungjawaban serta kewajaran. responsibilities, and fairness.
• Melakukan itikad baik, penuh kehati-hatian • Perform in good will, with prudence, and with
dan bertanggung jawab kepada Perseroan full responsibility to the Company, in this case
dalam hal ini diwakili oleh RUPS dalam represented by the GMS in performing its
menjalankan tugas pengawasan dan supervisory duties and providing advice to the
pemberian nasihat kepada Direksi untuk Board of Directors for the interest of the
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
kepentingan Perseroan, serta sesuai dengan Company, and in accordance with the purpose
maksud dan tujuan Perseroan. and objectives of the Company.
• Tidak melakukan transaksi yang mempunyai • Not making any transactions that involve
benturan kepentingan dan mengambil conflict of interests and benefitting from the
kepentingan Perseroan selain honorarium dan Company’s interests other than the honorarium
fasilitas yang ditentukan oleh RUPS. and the facilities determined by the GMS.
3. Dalam melaksanakan tugasnya tersebut, Dewan 3. In performing its duties, the Board of Commissioners
Komisaris berkewajiban untuk: must:
• Meneliti, menelaah, dan menandatangani • Study, analyze, and sign the Company’s Long-
rancangan dari RJPP, RKAP Tahunan, RKAP Term Plans draft, the Annual Company Work
yang disetujui dan RKAP sebelumnya yang Plan and Budget (RKAP), the approved RKAP,
diusulkan Direksi, serta tunduk pada ketentuan and the previous RKAP proposed by the Board
yang diatur dalam Anggaran Dasar Perseroan. of Directors, as well as comply with the
provisions regulated in the Company’s Articles
of Association.
• Mengikuti perkembangan kegiatan Perseroan, • Follow the development of the Company’s
memberikan pendapat dan saran kepada activities and give opinions and suggestions at
RUPS mengenai setiap masalah yang the GMS on any issues deemed important for
dianggap penting bagi kepengurusan the Company’s management.
Perseroan.
• Melaporkan dengan segera kepada RUPS • Immediately report to the GMS if there are
apabila terjadi gejala menurunnya kinerja trends of a decline in the Company’s
Perseroan. performance.
• Meneliti dan menelaah laporan berkala dan • Study and analyze periodic reports and
Laporan Tahunan yang disiapkan Direksi serta Annual Reports prepared by the Board of
menandatangani Laporan Tahunan. Directors, as well as sign the Annual Reports.
• Membentuk Komite Audit. • Establish an Audit Committee.
• Melaksanakan kewajiban lainnya dalam • Conduct other obligations in the context of
rangka tugas pengawasan dan pemberian supervisory and advisory duties so long as
nasihat sepanjang tidak bertentangan dengan they do not conflict with laws and regulations,
perundang-undangan, Anggaran Dasar, dan/ the Articles of Association, and/or GMS
atau Keputusan RUPS. Resolutions.
• Melakukan itikad baik, penuh kehati-hatian, • Perform in good will, with prudence, and with
dan bertanggung jawab kepada RUPS dalam full responsibility to the Company, in
menjalankan tugas pengawasan dan performing its supervisory duties and providing
pemberian nasihat kepada Direksi untuk advice to the Board of Directors for the interest
kepentingan Perseroan dan sesuai dengan of the Company and in accordance with the
maksud dan tujuan Perseroan. purpose and objectives of the Company.
Komisaris Utama memiliki peran khusus yang meliputi The President Commissioner holds a special role, which
koordinasi dan kepemimpinan dalam rapat Dewan includes coordinating and leading meetings of the
Komisaris. Selain itu, Komisaris Utama juga memimpin Board of Commissioners. In addition, the President
Dewan Komisaris dalam menjalankan tugas Director also leads the Board of Commissioners in
pengawasan, dengan rincian pembagian tugas Dewan performing its supervisory duties, with the detailed
Komisaris per 31 Desember 2024 sebagai berikut: division of duties of the Board of Commissioners as of
31 December 2024, as follows:
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Nama Jabatan Tugas dan Tanggung Jawab
Name Position Duties and Responsibilities
Sarman Simanjorang Komisaris Utama/ 1. Mengkoordinasikan kegiatan Dewan Komisaris atas tugas
Komisaris Independen pengawasan terhadap kebijakan pengurusan dan jalannya Perseroan
President serta pemberian nasihat atas kepatuhan terhadap penerapan GCG
Commissioner/ dan perundang-undangan yang berlaku.
Independent 2. Menjabat sebagai Ketua Komite Nominasi dan Remunerasi.
Commissioner
1. Coordinating activities of the Board of Commissioners related to its
duties to supervise policies and the course of the Company’s
management and to provide advice on compliance with GCG and
applicable laws and regulations.
2. Serving as Chair of the Nomination and Remuneration Committee.
Abdulla Zayed Komisaris Independen 1. Melakukan tugas pengawasan di bidang keuangan, pengawasan
Independent dalam Audit Internal dan Eksternal.
Commissioner 2. Menjabat sebagai Ketua Komite Audit.
1. Performing supervisory duties in finance, overseeing Internal and
External Audit.
2. Serving as Chair of the Audit Committee.
Abdul Musawir Yahya Komisaris Independen 1. Melaksanakan tugas pengawasan di bidang eksplorasi, perencanaan
Independent dan pengembangan.
Commissioner 2. Menjabat sebagai anggota Komite Audit.
1. Performing supervisory duties in exploration, planning, and
development activities.
2. Serving as a member of the Audit Committee.
John Anis Komisaris Melakukan pengawasan terhadap kebijakan pengurusan dan kepatuhan
Commissioner operasional terhadap GCG dan perundang-undangan yang berlaku.
Supervising policy management and operational compliance with GCG
and applicable laws and regulations.
Gigih Udi Atmo Komisaris 1. Melaksanakan pengawasan pada kegiatan operasi Perusahaan,
Commissioner rencana dan regulasi investasi, serta manajemen risiko.
2. Menjabat sebagai Ketua Komite Investasi dan Manajemen Risiko.
1. Supervising the Company’s operational activities, investment plans
and regulations, as well as risk management.
2. Serving as Chair of the Investment and Risk Management Committee.
Hak dan Wewenang Dewan Rights and Authorities of the Board
Komisaris of Commissioners
Hak dan wewenang Dewan Komisaris antara lain: The Board of Commissioners have rights and authorities
as follows:
1. Melihat buku, surat, serta dokumen Perseroan, 1. To look at the Company’s books, letters, and other
memeriksa kas untuk keperluan verifikasi dan lain- documents, to check cash and other securities for
lain surat berharga, dan memeriksa kekayaan verification purposes, and to check the assets of
Perseroan. the Company.
2. Memasuki pekarangan, gedung, dan kantor yang 2. To enter the grounds, buildings, and offices used
dipergunakan oleh Perseroan. by the Company.
3. Meminta penjelasan dari Direksi dan/atau pejabat 3. To request an explanation from all the Board of
lainnya mengenai segala persoalan yang Directors and/or other officials about all matters
menyangkut pengelolaan Perseroan. related to the management of the Company.
4. Mengetahui segala kebijakan dan tindakan yang 4. To know all policies and actions that have been
telah dan akan dijalankan oleh Direksi. taken and will be taken by the Board of Directors.
5. Meminta Direksi dan/atau pejabat lainnya di 5. To request the Board of Directors and/or other
bawah Direksi dengan sepengetahuan Direksi officials under the Board of Directors with the
untuk menghadiri Rapat Dewan Komisaris. knowledge of the Board of Directors to attend the
Board of Commissioners meetings.
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07 TATA KELOLA PERUSAHAAN
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6. Mengangkat Sekretaris Dewan Komisaris, jika 6. To appoint the Secretary of the Board of
dianggap perlu. Commissioners if deemed necessary.
7. Memberhentikan sementara anggota Direksi 7. To temporarily dismiss members of the Board of
sesuai dengan ketentuan Undang-Undang Directors in accordance with provisions of Law on
Perseroan Terbatas dengan memberitahukan Limited Liability Companies by notifying the
secara tertulis kepada yang bersangkutan disertai concerned members in writing, which includes the
alasan yang menyebabkan tindakan itu. grounds for the dismissal.
8. Membentuk komite-komite lain selain Komite Audit, 8. To establish other committees in addition to the
jika dianggap perlu dengan memperhatikan Audit Committee, if deemed necessary, by taking
kemampuan Perseroan. into account the Company’s capabilities.
9. Menggunakan tenaga ahli untuk hal tertentu dan 9. To use experts for certain matters in a certain
dalam jangka waktu tertentu atas beban Perseroan, period at the expense of the Company if deemed
jika dianggap perlu. necessary.
10. Melakukan tindakan pengurusan Perseroan dalam 10. To take actions to manage the Company in certain
keadaan tertentu untuk jangka waktu tertentu circumstances for a certain period in accordance
sesuai dengan ketentuan Anggaran Dasar. with the provisions of the Articles of Association.
11. Menghadiri rapat Direksi dan memberikan 11. To attend the Board of Directors meetings and
pandangan-pandangan terhadap hal-hal yang provide insights on the issues discussed.
dibicarakan.
12. Melaksanakan kewenangan pengawasan lainnya 12. To exercise other supervisory authorities so long as
sepanjang tidak bertentangan dengan peraturan they do not conflict with laws and regulations, the
perundang-undangan, Anggaran Dasar, dan/atau Articles of Association, and/or GMS resolutions.
keputusan RUPS.
13. Menyetujui laporan tugas pengawasan Dewan 13. To approve reports on supervisory duties of the
Komisaris. Board of Commissioners.Menghadiri rapat Direksi
dan memberikan pandangan-pandangan terhadap
hal-hal yang dibicarakan.
Keputusan yang Perlu Mendapat Decisions Requiring Approval of the
Persetujuan Dewan Komisaris Board of Commissioners
Beberapa tindakan pengelolaan Perseroan oleh Direksi In taking several actions to manage the Company, the
memerlukan persetujuan Dewan Komisaris, antara lain Board of Directors requires approval from the Board of
dalam hal: Commissioners, including:
1. Menerima pinjaman jangka pendek, kecuali untuk 1. To receive short-term loans, except loans for work
pembiayaan modal kerja. capital financing.
2. Menerbitkan surat-surat utang, obligasi atau surat 2. To issue debt securities, bonds, or promissory notes
aksep atau menerima pinjaman jangka menengah/ for securing medium/long-term loans above the
panjang dengan nilai melebihi yang ditetapkan value threshold set by the Board of Commissioners.
Dewan Komisaris.
3. Memberikan pinjaman jangka pendek, menengah/ 3. To provide short-term, medium-term, or long-term
panjang kepada anak Perusahaan atau afiliasi loans to subsidiaries or affiliates of the Company,
Perseroan, termasuk mengubah pinjaman anak including converting these loans into contributed
Perusahaan atau afiliasi Perseroan menjadi modal capital of the Company with a certain value
ditempatkan oleh Perseroan dengan nilai tertentu determined by the Board of Commissioners.
yang ditetapkan Dewan Komisaris.
4. Mengagunkan aktiva tetap yang diperlukan dalam 4. To collateralize fixed assets required to make
melaksanakan penarikan kredit jangka pendek. short-term credit withdrawals.
5. Melepaskan dan menghapuskan aktiva tetap 5. To release and write off movable assets with an
bergerak dengan umur ekonomis yang lazim economic age of five years that is generally
berlaku dalam industri pada umumnya sampai applicable in the industry.
dengan lima tahun.
6. Menghapuskan dari pembukuan terhadap piutang 6. To write off bad debts and dead stock inventory
macet dan persediaan barang mati. from the books.
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7. Mengadakan kerja sama lisensi, kontrak 7. To enter into licensing cooperation, management
manajemen, menyewakan aset, kerja sama operasi contracts, asset leasing, operational cooperation,
dan perjanjian kerja sama lainnya yang dalam and other cooperation agreements within the
bidang usaha Perseroan sebagaimana ketentuan Company’s business sector in accordance with the
Pasal 3 Anggaran Dasar yang melebihi nilai provisions of the Section 3 of the Articles of
tertentu yang ditetapkan oleh Dewan Komisaris. Association that exceed a certain value determined
by the Board of Commissioners.
8. Mengadakan kerja sama lisensi, kontrak 8. To enter into licensing cooperation, management
manajemen, menyewakan aset, kerja sama operasi contracts, asset leasing, operational cooperation,
dan kerja sama lainnya yang tidak dalam bidang and other cooperation that are not within the
usaha Perseroan sebagaimana ketentuan Pasal 3 Company’s business sector in accordance with the
Anggaran Dasar, untuk jangka waktu tidak lebih provisions of the Section 3 of the Articles of
dari satu tahun atau yang melebihi nilai tertentu Association, for a period of not more than one
yang ditetapkan oleh Dewan Komisaris. year or that exceeds a certain value determined
by the Board of Commissioners.
9. Menetapkan dan menyesuaikan struktur organisasi 9. To stipulate and adjust the organizational structure
sampai dengan satu tingkat di bawah Direksi. up to one level below the Board of Directors.
10. Mengikat Perseroan sebagai penjamin (borg atau 10. To bind the Company as a guarantor (borg or
avalist) dengan nilai tertentu yang ditetapkan oleh avalist) with a certain value determined by the
Dewan Komisaris. Board of Commissioners.
11. Melakukan penyertaan modal Perseroan dalam 11. To invest the Company’s equity in other business
badan usaha lainnya. entities.
12. Melepaskan baik sebagian atau seluruhnya 12. To divest, either partially or entirely, the Company’s
penyertaan modal Perseroan dalam badan usaha equity in other business entities.
lainnya.
13. Mendirikan anak Perusahaan dan/atau 13. To establish the Company’s subsidiaries and/or
Perusahaan patungan. joint ventures.
14. Melakukan penggabungan, peleburan, 14. To conduct mergers, consolidations, acquisitions,
pengambilalihan atau pemisahan masing-masing or spin-offs, each as defined by Law Number 40 of
sebagaimana didefinisikan dalam Undang-Undang 2007 on Limited Liability Companies (as amended
Nomor 40 Tahun 2007 mengenai Perseroan from time to time).
Terbatas (sebagaimana diubah dari waktu ke
waktu).
15. Mengadakan transaksi derivatif yang merupakan 15. To undertake derivative transactions, which are
turunan dari transaksi jual beli valuta asing dan derived from foreign exchange trading and other
produk terstruktur finansial lainnya. structured financial products.
Tata Cara dan Frekuensi Pemberian Frequency and Procedures for
Nasihat Advice Provision
Pengawasan dan pemberian nasihat oleh Dewan The Board of Commissioners may conduct supervision
Komisaris dapat dilakukan setiap saat. Proses ini and provide advice at any time. This process is
dilaksanakan melalui beberapa cara, antara lain: conducted through several ways, including:
1. Meminta keterangan secara tertulis kepada Direksi 1. Request for written explanation from the Board of
tentang suatu permasalahan yang terjadi. Directors on an occurring issue.
2. Memberikan pendapat atau arahan dalam rapat 2. Provide opinions or directives in meetings of the
Dewan Komisaris dengan Direksi atau rapat- rapat Board of Commissioners and the Board of Directors
lain yang dihadiri oleh anggota Dewan Komisaris. or other meetings attended by members of the
Board of Commissioners.
3. Kunjungan ke Divisi/Departemen/Bagian/ Lokasi 3. Visits to the Company’s Divisions/Departments/
Perseroan dalam rangka memastikan pelaksanaan Sections/Locations to ensure the Company’s
operasional Perseroan seperti produksi, distribusi, operational activities, including production,
pemasaran, sumber daya manusia, keuangan dan distribution, marketing, human resources, finance,
aspek lainnya berjalan secara efektif. and other aspects, run properly.
4. Memberikan tanggapan atas laporan berkala 4. Provide responses on periodical reports submitted
yang diberikan oleh Direksi. by the Board of Directors.
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07 TATA KELOLA PERUSAHAAN
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Pelaksanaan Tugas Dewan Implementation of Duties of the
Komisaris Board of Commissioners
Selama tahun 2024, Dewan Komisaris telah Throughout 2024, the Board of Commissioners has
melaksanakan tugas-tugas yang mencakup pemberian conducted duties including giving directives, approvals,
arahan, persetujuan, pengesahan, dan rekomendasi. validations, and recommendations. In addition, the
Selain itu, Dewan Komisaris juga telah menjalankan Board of Commissioners has also executed the work
program kerja yang direncanakan untuk tahun buku programs planned in the financial year as follows:
tersebut, sebagai berikut:
Rapat Internal Dewan Komisaris
10 kali | times
Internal Meeting of the Board of Commissioners
Rapat Gabungan Dewan Komisaris dan Direksi
12 kali | times
Joint Meeting of the Board of Commissioners and the Board of Directors
Rapat dengan Pemegang Saham
5 kali | times
Meeting with Shareholders
Rapat Gabungan dengan Fungsi dan Komite
14 kali | times
Joint Meeting with Functions and Committees
Pemberian Rekomendasi
20 kali | times
Provision of Recommendations
Kunjungan Kerja ke Lokasi Area dan Proyek
8 kali | times
Working Visit to Area and Project Locations
Pengembangan Kompetensi
10 kali | times
Competency Development
Rekomendasi dan Persetujuan Dewan Komisaris di Tahun 2024
Recommendations and Approvals of the Board of Commissioners in 2024
Periode Rekomendasi
No.
Periode Recomendation
1 12 Januari I Persetujuan atas Implementasi MESOP Tahap II PGE
January 2024 Approval for the Implementation of MESOP Phase II at PGE
2 5 Februari I Persetujuan atas Pemberhentian dan Pengangkatan Kepala Unit Audit Internal
February 2024 (Chief Audit Executive) PGE
Approval for the Dismissal and Appointment of the Chief Internal Audit (the Chief Audit
Executive) of PGE
3 5 Februari I Keputusan Penunjukan Pimpinan RUPSLB
February 2024 Decision on the Appointment of Chair of the EGMS
4 5 Februari I Keputusan Pembagian Tugas Dewan Komisaris
February 2024 Decision on the Division of Duties of the Board of Commissioners
5 20 Februari I Hasil Penilaian Kinerja Dewan Komisaris dan Komite Penunjang, serta Usulan Rating
February 2024 Kinerja Direksi PGE Tahun 2023
Performance Assessment Results of the Board of Commissioners and Supporting
Committees, as well as the Proposed Performance Rating of the Board of Directors of
PGE in 2023
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Periode Rekomendasi
No.
Periode Recomendation
6 20 Februari I Persetujuan Dewan Komisaris Terhadap Usulan Rencana Kerja dan Anggaran
February 2024 Perusahaan (RKAP) Tahun 2024
Approval of the Board of Commissioners for the Proposed Company’s Work Plan and
Budget (RKAP) for the year 2024
7 23 Maret I Penetapan Remunerasi 2024 dan Tantiem 2023 Bagi Direksi dan Dewan Komisaris
March 2024 PGE
The Determination of Remuneration for 2024 and Tantiem for 2023 for the Board of
Directors and the Board of Commissioners of PGE
8 26 April 2024 Persetujuan RKAP Tahun 2024
Approval of the RKAP for the year 2024
9 27 Mei I Persetujuan atas Usulan Perubahan Struktur Organisasi 1 (Satu) Level di Bawah Direksi
May 2024 PGE
Approval for the Proposal on the Organizational Changes at 1 (One) Level Below the
Board of Directors of PGE
10 27 Mei I Persetujuan Penetapan Penggunaan Laba Bersih PGE Tahun Buku 2023
May 2024 Approval of the Distribution of PGE’s Net Profit for the 2023 Financial Year
11 27 Mei I Evaluasi Hasil Pekerjaan KAP Tahun Buku 2023 dan Rekomendasi KAP Tahun Buku
May 2024 2023
Evaluation on the Public Accounting Firm (KAP) Work Results for the 2023 Financial
Year and the KAP Recommendations for the 2023 Financial Year
12 18 Juni I Arahan Dewan Komisaris terkait Penyampaian Non-Binding Offer (NBO) Proyek Mira
June 2024 The Board of Commissioners’ Directives on the Submission of Mira Project Non-Binding
Offer (NBO)
13 20 Juli I Keputusan Penunjukan Pimpinan RUPSLB
July 2024 Decision on the Appointment of Chair of the EGMS
14 24 Juli I Persetujuan buku RJPP 2025-2029
July 2024 Approval of the RJPP for the period of 2025-2029
15 30 Juli I July 2024 Persetujuan Usulan Proposal Baru Final Investment Decision (FID) Investasi Non-BD
Pemipaan Fasilitas Produksi Cluster M
Approval of the New Proposal on the Final Investment Decision (FID) regarding the Non-
Business Development (BD) Pipeline Investment in Cluster M Production Facilities
16 23 September 2024 Persetujuan Usulan Baru FID Investasi Proyek Eksplorasi Ulubelu Extension 1 (Gunung
Tiga)
Approval of the New Proposal on the Final Investment Decision (FID) regarding the
Ulubelu Extension 1 (Gunung Tiga) Exploration Project
17 1 Oktober I Pemenuhan Syarat Pencairan Tantiem yang Ditangguhkan (TyD) Tahun Buku 2022
October 2024 Tahap Pertama
Fulfillment of the Requirements for the First Phase Disbursement of the Deferred Tantiem
for the 2022 Financial Year
18 4 Oktober I Arahan Mengenai Submission Binding Offer untuk Proyek Mira
October 2024 Directives on the Submission of Mira Project Binding Offer
19 31 Oktober I Persetujuan Implementasi MESOP Tahap III
October 2024 Approval for the Implementation of MESOP Phase III
20 23 Desember I Sistem Manajemen Talenta PGE Tahun 2024
December 2024 PGE Talent Management System for 2024
Masa Jabatan Dewan Komisaris Term of Office for the Board of
Commissioners
Anggota Dewan Komisaris memiliki masa jabatan Members of the Board of Commissioners serve for a
selama tiga tahun, yang dapat diperpanjang untuk term of three years, which may be extended for one
satu kali periode jabatan. Anggota Dewan Komisaris additional term. Members of the Board of Commissioners
dapat diberhentikan sewaktu-waktu oleh keputusan may be dismissed at any time based on a GMS
RUPS, dengan menyertakan alasan yang jelas. resolution by disclosing reasonable grounds.
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07 TATA KELOLA PERUSAHAAN
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Kebijakan dan Pelaksanaan Rapat The Board of Commissioners Meeting
Dewan Komisaris Organization and Policy
Dewan Komisaris wajib mengadakan rapat minimal The Board of Commissioners is obliged to hold meetings
sebulan sekali sesuai dengan ketentuan yang tercantum at least once a month in accordance with provisions
dalam Board Manual. Rapat Dewan Komisaris terdiri outlined in the Board Manual. The Board of
dari Rapat Internal (antar anggota Dewan Komisaris Commissioners meetings consist of Internal Meetings
dan/atau dengan Komite di bawah Dewan Komisaris) (between members of the Board of Commissioners
dan Rapat Gabungan dengan Direksi. and/or Committees under the Board of Commissioners)
and Joint Meetings with the Board of Directors.
Jika dianggap perlu, Komisaris Utama dapat If deemed necessary, the President Commissioner may
memutuskan untuk mengadakan rapat lebih dari convene more than one meeting in one month. The
sebulan sekali. Rapat tersebut dilaksanakan atas meetings may be convened upon the request of at least
permintaan paling sedikit ¹/3 (satu per tiga) dari jumlah ¹/3 (one-third) of the members of the Board of
anggota Dewan Komisaris, permintaan Direksi, atau Commissioners, at the request of the Board of Directors,
permintaan tertulis dari pemegang saham mayoritas or upon written request from the ultimate shareholder
dengan mencantumkan agenda rapat. by stating the meeting agenda.
Panggilan untuk Rapat Dewan Komisaris disampaikan Invitations for the Board of Commissioners meetings are
secara tertulis kepada setiap anggota Dewan Komisaris delivered in writing to each member of the Board of
dalam jangka waktu paling lambat lima hari sebelum Commissioners no later than five days prior to the
pelaksanaan rapat. Rapat Dewan Komisaris dianggap meeting. A meeting of the Board of Commissioners is
sah apabila diadakan di tempat kedudukan Perseroan, deemed valid if it is held at the Company’s domicile or
atau tempat kegiatan usaha utama di dalam wilayah the main place of business activities within the territory
Republik Indonesia yang ditetapkan oleh Dewan of the Republic of Indonesia as determined by the
Komisaris. Board of Commissioners.
Sesuai kesepakatan, rapat Dewan Komisaris Perseroan Upon agreement, meetings of the Company’s Board of
juga dapat dilakukan secara virtual dengan Commissioners may also be held virtually via
menggunakan sarana telekonferensi, video konferensi teleconference, video conference, or other electronic
atau melalui sarana media elektronik dan sistem media and communication systems. This form of
komunikasi lain. Bentuk partisipasi tersebut dianggap participation is considered direct attendance at the
kehadiran secara langsung dalam rapat. meeting.
Rapat Dewan Komisaris adalah sah dan berhak A meeting of the Board of Commissioners is valid and
mengambil keputusan yang mengikat apabila dihadiri may take binding decisions if it is attended or
atau diwakili oleh lebih dari setengah atau ½ (satu per represented by more than half or ½ (one-half) of the
dua) jumlah anggota Dewan Komisaris. Dalam mata members of the Board of Commissioners. In other
acara lain-lain, rapat Dewan Komisaris tidak berhak agenda items, meetings of the Board of Commissioners
mengambil keputusan kecuali semua anggota Dewan have no authority to make a decision unless all members
Komisaris atau wakilnya yang sah hadir dan menyetujui of the Board of Commissioners or their legal
penambahan mata acara rapat. representatives are present and approve of the
additional meeting agenda items.
Semua keputusan dalam rapat Dewan Komisaris All decisions made in the meetings of the Board of
diambil dengan musyawarah untuk mufakat. Apabila Commissioners are based on amicable deliberations. If
melalui musyawarah tidak tercapai mufakat, maka consensus is not reached through deliberations, the
keputusan rapat Dewan Komisaris diambil dengan Board of Commissioners meeting decisions are made
suara terbanyak. Apabila jumlah suara yang setuju based on majority votes. If the number of consenting
dan tidak setuju sama banyaknya, maka usul yang votes is equal to the number of dissenting votes, the
bersangkutan dianggap ditolak, kecuali mengenai diri proposal is rejected. In the event that the proposal
orang akan ditentukan dengan undian secara tertutup. concerns an individual, the decision will be made by
closed drawing lots.
Pemungutan suara mengenai diri orang dilakukan Voting regarding an individual is conducted with closed
dengan surat suara tertutup tanpa tanda tangan, ballots without a signature, meanwhile, voting
sedangkan pemungutan suara mengenai hal-hal lain regarding other issues is conducted verbally unless the
328 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 329
dilakukan secara lisan, kecuali Pimpinan rapat Chair of the meeting decides otherwise without any
menentukan lain, tanpa ada keberatan dari yang hadir. objections from meeting participants.
Rapat Internal Dewan Komisaris Internal Meetings of the Board of
Commissioners
Selama tahun 2024, rapat internal Dewan Komisaris Throughout 2024, the Board of Commissioners has
berlangsung sebanyak 10 kali dengan perincian held 10 internal meetings. The details are as follows:
sebagai berikut:
Agenda, Tanggal, dan Peserta Rapat Internal Dewan Komisaris
Agenda, Date, and Attendance of the Board of Commissioners in Internal Meetings
Peserta Rapat
Tanggal Agenda Meeting Participants
Date Agendas
SS SSP1 DD1 H3 AZ2 JA2 AMY4 GUA4
10 Usulan Remunerasi Komite dan Staf
Februari I Sekretariat Dewan Komisaris, Persetujuan
February dan Pengangkatan Chief Audit Executive
2024 (CAE) dan Komite Audit.
- - - - - -
Proposal for the remuneration of Committees
and Secretariat Staff of the Board of
Commissioners and Approval and
Appointment of Chief Audit Executive (CAS)
and Audit Committee.
12 Persetujuan implementasi MESOP Tahap II
Februari I
- - - -
February Approval for the Implementation of MESOP
2024 Phase III
19 1. Penilaian Dewan Komisaris terhadap
Februari I Kinerja Anggota Dewan Komisaris.
February 2. Penilaian Dewan Komisaris terhadap
2024 Kinerja Anggota Komite Penunjang.
3. Penilaian Dewan Komisaris terhadap
Kinerja Direktur Utama.
4. Penilaian Dewan Komisaris dan
Direktur Utama terhadap Kinerja
Direktur.
5.
1. The Board of Commissioners’
- - - - -
Assessment of the Performance of
Members of the Board of Directors
2. The Board of Commissioners’
Assessment of the Performance of
Supporting Committees
3. The Board of Commissioners’
Assessment of the Performance of the
President Director
4. The Board of Commissioners’
Assessment of the Performance of
Directors
23 Review Kinerja Semester II Tahun 2023
Februari I PGE.
February - - - - -
2024 PGE’s Second Semester of 2023
Performance Review
2024 Annual Report PT Pertamina Geothermal Energy Tbk 329
Page 330
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Agenda, Tanggal, dan Peserta Rapat Internal Dewan Komisaris
Agenda, Date, and Attendance of the Board of Commissioners in Internal Meetings
Peserta Rapat
Tanggal Agenda Meeting Participants
Date Agendas
SS SSP1 DD1 H3 AZ2 JA2 AMY4 GUA4
21 Penetapan Remunerasi 2024 dan Tantiem
Maret I 2023 bagi Direksi dan Dewan Komisaris
March PGE
2024
- - - -
The Determination of Remuneration for
2024 and Tantiem for 2023 for the Board
of Directors and the Board of Commissioners
of PGE
10 Juni I Perkenalan Dewan Komisaris Baru.
June 2024
- - - - - -
Introduction of New Board of
Commissioners.
10 Juli I Rapat Internal terkait Review RJPP 2025-
July 2024 2029.
- - - - -
Internal Meeting on the 2025-2029 RJPP
Review.
16 1. Perkenalan Dewan Komisaris;
Agustus I 2. Update Usulan Perubahan Anggota
August Komite di Bawah Dewan Komisaris.
2024
1. Introduction of the Board of - - -
Commissioners.
2. Update on Proposed Changes to
Committee Members under the Board
of Commissioners.
29 Persetujuan Usulan Final Investment
Agustus I Decision (FID) Investasi Non BD Pemipaan
August Fasilitas Produksi Cluster M Area Ulubelu,
2024 dan FID Proyek Eksplorasi Ulubelu Ext 1
Prospek Gunung Tiga WKP Gunung Way
Panas.
Approval of the Proposal on the Final - - - - -
Investment Decision (FID) regarding the
Non-BD Pipeline Investment in Cluster M
Production Facilities in Ulubelu Area and
the Proposal on the FID regarding the
Ulubelu Extension 1 (Gunung Tiga)
Exploration Project in Gunung Way Panas
Concession Right Area (WKP).
30 Telaah Update Proyek Mira
September - - -
2024 Review of the Mira Project Update
Keterangan | Notes :
SS: Sarman Simanjorang, SSP: Sujit S. Parhar, DD: Danif Danusaputro, H: Harris, AZ: Abdulla Zayed,
JA: John Anis, AMY: Abdul Musawir Yahya, GUA: Gigih Udi Atmo
1
Tidak lagi menjabat sejak 28 Mei 2024 1
No longer serving since 28 May 2024
2
Mulai menjabat sejak 28 Mei 2024 2
Served from 28 May 2024
3
Tidak lagi menjabat sejak 31 Juli 2024 3
No longer serving since 31 July 2024
4
Mulai menjabat sejak 31 Juli 2024 4
Served from 31 July 2024
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Frekuensi & Kehadiran Dewan Komisaris dalam Rapat Internal
Frequency & Attendance of the Board of Commissioners at the Internal Meetings
Jumlah
Kehadiran Tingkat
Nama Jabatan Pertemuan
Attendance Kehadiran
Name Position Number of
Attendance Level
Meetings
Sarman Simanjorang Komisaris Utama/Komisaris
Independen
10 9 90%
President Commissioner/Independent
Commissioner
Sujit S. Parhar1 Komisaris Independen
5 2 40%
Independent Commissioner
Dannif Danusaputro1 Komisaris Independen
5 4 80%
Independent Commissioner
Harris3 Komisaris
7 7 100%
Commissioner
Abdulla Zayed2 Komisaris Independen
5 4 80%
Independent Commissioner
Abdul Musawir Yahya4 Komisaris Independen
3 2 66,67%
Independent Commissioner
John Anis2 Komisaris
5 3 60%
Commissioner
Gigih Udi Atmo4 Komisaris
3 3 100%
Commissioner
Keterangan : Notes:
1
Tidak lagi menjabat sejak 28 Mei 2024 1
No longer serving since 28 May 2024
2
Mulai menjabat sejak 28 Mei 2024 2
Served from 28 May 2024
3
Tidak lagi menjabat sejak 31 Juli 2024 3
No longer serving since 31 July 2024
4
Mulai menjabat sejak 31 Juli 2024 4
Served from 31 July 2024
Rapat Gabungan Dewan Komisaris Joint Meetings of the Board of
dan Direksi Commissioners and Board of
Directors
Sepanjang tahun 2024, Perseroan telah
menyelenggarakan 12 kali rapat gabungan antara Throughout 2024, the Company has held 12 joint
Dewan Komisaris dan Direksi dengan perincian sebagai meetings between the Board of Commissioners and the
berikut: Board of Directors. The details are as follows:
2024 Annual Report PT Pertamina Geothermal Energy Tbk 331
Page 332
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Agenda, Tanggal, dan Peserta Rapat Gabungan Dewan Komisaris dan Direksi
Agendas, Dates, and Meeting Participants of Joint Meetings of the Board of Commissioners and the Board of Directors
Peserta Rapat
Meeting Participants
Tanggal Agenda
Date Agendas
SS SSP1 DD1 H3 AZ2 JA2 AMY4 GUA4 JH AY RH1 NA5 YR6 ES2
29 Januari 1. Evaluasi Pencapaian 2023 dan
I January Strategi Pencapaian Target
2024 2024.
2. Review dan Tindak Lanjut Hasil
Rapat Sebelumnya.
3. Executive Summary dan Kinerja
Perseroan per Desember 2023.
4. Persiapan Rencana RUPSLB,
ESOP dan MESOP.
- - - - - -
1. Evaluation of the 2023
Achievements and Strategy for for
Achieving 2024 Targets.
2. Review and Follow up on the
Results of the Previous Meeting.
3. Executive Summary and Company
Performance as of December
2023.
4. Preparation for EGSM, ESOP,
and MESOP Plans.
29 Februari 1. Update Merger and Acquisition
I February (Inorganic Growth).
2024 2. Progress Update : Foreign
Exchange Mismatch
Management.
3. Progres Update: Potensi
Reorganization.
4. Review dan Tindak Lanjut Hasil
Rapat Sebelumnya.
5. Executive Summary dan Kinerja
Perseroan per Januari 2024.
- - - - - -
1. Update on Merger and
Acquisition (Inorganic Growth).
2. Progress Update: Foreign
Exchange Mismatch
Management.
3. Progres Update: Potential
Reorganization.
4. Review and Follow up on the
Results of the Previous Meeting.
5. Executive Summary and Company
Performance as of January 2024.
19 Maret| 1. Review dan Tindak Lanjut Hasil
March Rapat Sebelumnya.
2024 2. Executive Summary dan Kinerja
Perseroan per Februari 2024.
3. Update Proyek Hululais, Sibayak,
Seulawah, dan Lumut Balai Unit
2.
4. Laporan Persiapan RUPST PGEO.
1. Review and Follow up on the - - - - - -
Results of the Previous Meeting.
2. Executive Summary and Company
Performance as of February
2024.
3. Update on Hululais, Sibayak,
Seulawah, and Lumut Balai Unit
2 Projects.
4. Report on Preparation for
PGEO’s AGMS.
332 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 333
Agenda, Tanggal, dan Peserta Rapat Gabungan Dewan Komisaris dan Direksi
Agendas, Dates, and Meeting Participants of Joint Meetings of the Board of Commissioners and the Board of Directors
Peserta Rapat
Meeting Participants
Tanggal Agenda
Date Agendas
SS SSP1 DD1 H3 AZ2 JA2 AMY4 GUA4 JH AY RH1 NA5 YR6 ES2
29 April 1. Update Proyek Lumut Balai Unit
2024 2, Kotamobagu, Hululais,
Sibayak, Bukit Daun, Seulawah,
Proyek Co-generation dan
Pengembangan Bisnis
Anorganik.
2. Update Pendanaan Proyek Lumut
Balai Unit 2 dengan
Melemahnya Nilai Tukar Jepang
Yen (JPY).
3. Review dan Tindak Lanjut Hasil
Rapat Sebelumnya.
4. Executive Summary dan Kinerja
Perseroan per Maret 2024.
5. Persiapan RUPST. - - - - - -
1. Update on Lumut Balai Unit 2,
Kotamobagu, Hululais, Sibayak,
Bukit Daun, Seulawah Projects,
Co-generation Projects, and
Inorganic Business Development.
2. Update on Lumut Balai Unit 2
Project Financing Amid Japanese
Yen (JPY) Depreciation.
3. Review and Follow up on the
Results of the Previous Meeting.
4. Executive Summary and Company
Performance as of March 2024.
5. Preparation for AGMS.
16 Mei I 1. Review/tindak lanjut hasil rapat
May 2024 sebelumnya.
2. Executive summary dan kinerja
perusahaan April 2024.
- - - - - - - -
1. Review and Follow up on the
Results of the Previous Meeting.
2. Executive Summary and Company
Performance as of April 2024.
28 Juni I 1. Progress Update Target
June 2024 Kapasitas Terpasang 1 GW
(Hululais, Lumut Balai & Proyek
Co-generation), Seulawah.
2. Progress Update Merger and
Acquisition.
3. Review dan Tindak Lanjut Hasil
Rapat Sebelumnya.
4. Executive Summary dan Kinerja
Perseroan per Mei 2024.
- - - - - - -
1. Progress Update on 1 GW
Installed Capacity Target
(Hululais, Lumut Balai &
Co-generation Project),
Seulawah).
2. Progress Update on Merger and
Acquisition.
3. Review and Follow up on the
Results of the Previous Meeting.
4. Executive Summary and Company
Performance as of May 2024.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 333
Page 334
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Agenda, Tanggal, dan Peserta Rapat Gabungan Dewan Komisaris dan Direksi
Agendas, Dates, and Meeting Participants of Joint Meetings of the Board of Commissioners and the Board of Directors
Peserta Rapat
Meeting Participants
Tanggal Agenda
Date Agendas
SS SSP1 DD1 H3 AZ2 JA2 AMY4 GUA4 JH AY RH1 NA5 YR6 ES2
30 Juli I 1. Progres Update Target Kapasitas
July 2024 Terpasang 1 GW.
2. Review dan Tindak Lanjut Hasil
Rapat Sebelumnya.
3. Executive Summary dan Kinerja
Perseroan per Juni 2024.
4. Review kinerja Semester I Tahun
2024.
- - - - - -
1. Progress Update on 1 GW
Installed Capacity Target
2. Review and Follow up on the
Results of the Previous Meeting
3. Executive Summary and Company
Performance as of June 2024
4. First Semester of 2024
Performance Review
29 Agustus 1. Progres Update Target Kapasitas
I August Terpasang 1 GW.
2024 2. Review dan Tindak Lanjut Hasil
Rapat Sebelumnya.
3. Executive Summary dan Kinerja
Perseroan per Juni 2024.
4. Review kinerja Semester I Tahun
2024.
- - - - -
1. Progress Update on 1 GW
Installed Capacity Target.
2. Review and Follow up on the
Results of the Previous Meeting.
3. Executive Summary and Company
Performance as of July 2024.
4. PGE’s First Semester of 2024
Performance.
25 1. Update Proyek Ekspansi Bisnis
September Anorganik.
2024 2. Update Progres 1GW.
3. Review dan Tindak Lanjut Hasil
Rapat Sebelumnya.
4. Executive Summary dan Kinerja
Perseroan per Agustus 2024.
- - - - - -
1. Update on Inorganic Business
Expansion Project
2. Progress Update on 1 GW
3. Review and Follow up on the
Results of the Previous Meeting
4. Executive Summary and Company
Performance as of August 2024
31 Oktober 1. Update Proyek Ekspansi Bisnis
I October Anorganik.
2024 2. Update Progres 1GW.
3. Review dan Tindak Lanjut Hasil
Rapat Sebelumnya.
4. Executive Summary dan Kinerja
Perseroan per Agustus 2024.
- - - - - -
1. Update on Inorganic Business
Expansion Project.
2. Progress Update on 1 GW
Installed Capacity Target.
3. Review and Follow up on the
Results of the Previous Meeting.
4. Executive Summary and Company
Performance as of August 2024.
334 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 335
Agenda, Tanggal, dan Peserta Rapat Gabungan Dewan Komisaris dan Direksi
Agendas, Dates, and Meeting Participants of Joint Meetings of the Board of Commissioners and the Board of Directors
Peserta Rapat
Meeting Participants
Tanggal Agenda
Date Agendas
SS SSP1 DD1 H3 AZ2 JA2 AMY4 GUA4 JH AY RH1 NA5 YR6 ES2
26 1. Overview RKAP 2025.
November 2. Aspek Keekonomian Area
2024 Sibayak.
3. Tindak Lanjut Rapat Sebelumnya.
4. Executive Summary dan Kinerja
Perseroan per Oktober 2024.
- - - - -
1. Overview of the 2025 RKAP.
2. Economic Aspects of Sibayak
Area.
3. Follow up on the Results of the
Previous Meeting.
4. Executive Summary and Company
Performance as of October 2024
20 1. Tindak Lanjut Rapat Sebelumnya
Desember 2. Executive Summary dan Kinerja
December Perseroan per November 2024
2024 3. Tinjauan Penurunan Harga
Saham PGEO (Mitigasi dan
Strategi ke Depan
1. Follow up on the Results of the - - - - - - -
Previous Meeting.
2. Executive Summary and Company
Performance as of November
2024.
3. Review of PGEO stock price
decline (Mitigation and Future
Strategies).
Keterangan I Notes :
SS: Sarman Simanjorang, SSP: Sujit S. Parhar, DD: Danif Danusaputro, H: Harris, AZ: Abdulla Zayed, JA: John Anis,
AMY: Abdul Musawir Yahya,GUA: Gigih Udi Atmo
1
Tidak lagi menjabat sejak 28 Mei 2024 1
No longer serving since 28 May 2024
2
Mulai menjabat sejak 28 Mei 2024 2
Served from 28 May 2024
3
Tidak lagi menjabat sejak 31 Juli 2024 3
No longer serving since 31 July 2024
4
Mulai menjabat sejak 31 Juli 2024 4
Served from 31 July 2024
5
Tidak lagi menjabat sejak 14 Februari 2024 5No longer serving since 14 February 2024
6
Mulai menjabat sejak 19 Februari 2024 6
Served from 19 February 2024
2024 Annual Report PT Pertamina Geothermal Energy Tbk 335
Page 336
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Frekuensi dan Kehadiran Dewan Komisaris dalam Rapat Gabungan
Frequency and Attendance of the Board of Commissioners and the Board of Directors at the Joint Meetings
Jumlah Tingkat
Kehadiran
Nama Jabatan Pertemuan Kehadiran
Attendance
Name Position Number of Attendance
Meetings Rate
Sarman Simanjorang Komisaris Utama/Komisaris 12 12 100%
Independen
President Commissioner/Independent
Commissioner
Sujit S. Parhar1 Komisaris Independen 5 4 80%
Independent Commissioner
Dannif Danusaputro1 Komisaris Independen 5 5 100%
Independent Commissioner
Harris3 Komisaris 7 7 100%
Commissioner
Abdulla Zayed2 Komisaris Independen 7 5 71,42%
Independent Commissioner
Abdul Musawir Yahya4 Komisaris Independen 5 4 80%
Independent Commissioner
John Anis2 Komisaris 7 6 85,71%
Commissioner
Gigih Udi Atmo4 Komisaris 5 5 100%
Commissioner
Julfi Hadi Direktur Utama 12 12 100%
President Director
Ahmad Yani Direktur Operasi 12 11 80%
Director of Operations
Rachmad Hidajat1 Direktur Eksplorasi dan 5 4 80%
Pengembangan
Director of Exploration and
Development
Edwil Suzandi2 Direktur Eksplorasi dan 7 6 80%
Pengembangan
Director of Exploration and
Development
Nelwin Aldriansyah5 Direktur Keuangan 1 1 100%
Director of Finance
Yurizki Rio6 Direktur Keuangan 11 11 100%
Director of Finance
Keterangan I Notes :
1
Tidak lagi menjabat sejak 28 Mei 2024 1
No longer serving since 28 May 2024
2
Diangkat pada 28 Mei 2024 2
Appointed on 28 May 2024
3
Tidak lagi menjabat sejak 31 Juli 2024 3
No longer serving since 31 July 2024
4
Diangkat pada 31 Juli 2024 4
Appointed on 31 July 2024
5
Tidak lagi menjabat sejak 12 Februari 2024 5
No longer serving since 12 February 2024
6
Diangkat pada 12 Februari 2024 6
Appointed on 12 February 2024
336 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 337
Pelatihan dan Pengembangan Competence Training and
Kompetensi Dewan Komisaris Development For the Board of
Commissioners
Pelatihan dan pengembangan kompetensi Dewan Competence training and development for the Board of
Komisaris merupakan kebijakan Perseroan yang Commissioners is the Company's policy as outlined in
tercantum dalam Board Manual untuk memastikan the Board Manual to ensure that members of the Board
anggota Dewan Komisaris selalu memperoleh of Commissioners continue to acquire new knowledge
pengetahuan dan wawasan baru yang dapat and insights to assist them in conducting their duties.
mendukung pelaksanaan tugas Dewan Komisaris.
Program pelatihan dan pengembangan kompetensi This program is designed by the Nomination and
Dewan Komisaris disusun oleh Komite Nominasi dan Remuneration Committee in coordination with the
Remunerasi dengan berkoordinasi bersama fungsi Human Capital function. Information on the program
Human Capital. Informasi pelatihan dan pengembangan can be found in the 'Training of the Board of
kompetensi Dewan Komisaris dapat dilihat pada sub Commissioners and Board of Directors' sub-chapter in
bab Pelatihan Dewan Komisaris dan Direksi dalam Bab the Company Profile chapter.
Profil Perusahaan.
Penilaian Kinerja Dewan Komisaris Performance Assessment of the
Board of Commissioners
Penilaian kinerja Dewan Komisaris dilakukan oleh The performance assessment of the Board of
pemegang saham melalui RUPS dengan melihat hasil Commissioners is performed by the shareholders
pencapaian kinerja yang terdapat pada indikator through the GMS by considering the results of
kinerja utama atau Key Performance Indicator (KPI) performance achievements contained in the Key
serta Rencana Kerja Dewan Komisaris. Performance Indicator (KPI) and the Board of
Commissioners Work Plan.
Prosedur Pelaksanaan Penilaian Performance Assessment Procedures
Kinerja Dewan Komisaris for the Board of Commissioners
1. Dewan Komisaris menetapkan KPI dan Rencana 1. The Board of Commissioners determines the KPI
Kerja Dewan Komisaris sesuai tugas dan kewajiban and Work Plan of the Board of Commissioners in
yang tercantum Board Manual Dewan Komisaris, accordance with the duties and obligations stated
Anggaran Dasar Perseroan, peraturan perundang- in the Board Manual of the Board of Commissioners,
undangan maupun amanat pemegang saham the Company’s Articles of Association, laws and
melalui RUPS. regulations, and shareholder mandates through
the GMS.
2. Dewan Komisaris melakukan penilaian mandiri 2. The Board of Commissioners conducts a self-
(self assessment) atas kinerja masing-masing assessment of the performance of each member of
anggota Dewan Komisaris dan Dewan Komisaris the Board of Commissioners and the Board of
sebagai unit kolegial. Commissioners as a collegial unit.
3. RUPS menilai kinerja Dewan Komisaris. 3. The GMS assesses the performance of the Board
of Commissioners.
Penilaian terhadap kinerja Dewan Komisaris, baik The performance assessment, both collectively and
secara kolektif maupun individual, merupakan bagian individually, is an integral part of the compensation
tak terpisahkan dari skema kompensasi dan pemberian scheme and provision of incentives. The results of this
insentif. Hasil evaluasi ini juga menjadi faktor utama evaluation also serve as a key factor for shareholders
pertimbangan pemegang saham dalam menentukan in determining the dismissal and/or reappointment of
pemberhentian dan/atau pengangkatan kembali the members.
anggota Dewan Komisaris.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 337
Page 338
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Kriteria Penilaian Kinerja Dewan Performance Assessment Criteria for
Komisaris the Board of Commissioners
RUPS menentukan kriteria penilaian kinerja Dewan The GMS determines the criteria for assessing the
Komisaris sebagai berikut: performance of the Board of Commissioners as follows:
1. Tingkat kehadiran dalam Rapat Dewan Komisaris 1. Attendance rate at the Board of Commissioners
maupun rapat dengan Komite yang ada. meetings and meetings with existing committees.
2. Kontribusi dalam proses pengawasan dan 2. Contribution to the process of monitoring and
pemberian nasihat terhadap jajaran manajemen. providing advice to the board of management.
3. Peningkatan kompetensi. 3. Competence development.
4. Kunjungan kerja. 4. Working visits.
5. Penilaian tata nilai Dewan Komisaris. 5. Assessment of the values of the Board of
Commissioners.
Pihak yang Melakukan Penilaian Party Conducting Performance
Kinerja Dewan Komisaris Assessment of the Board of
Commissioners
Penilaian kinerja awal dilakukan secara mandiri, The initial performance assessment is conducted
sedangkan penilaian akhir akan dievaluasi oleh independently, while the final assessment is evaluated
pemegang saham dalam RUPS. by shareholders at the GMS.
Hasil Penilaian Kinerja Dewan Performance Assessment Results of
Komisaris the Board of Commissioners
Hasil Penilaian kinerja Dewan Komisaris berdasarkan The performance assessment results of the Board of
Anggaran Dasar dan Pedoman No. A05-002- Commissioners based on the Articles of Association
K20000-2022-S9 tentang Penilaian Kinerja Direksi, and Manual No. A05-002-K20000-2022-S9 on
Dewan Komisaris, dan Komite Penunjang Dewan Performance Assessment of the Board of Directors, the
Komisaris di Subholding dan Anak Perusahaan (AP) Board of Commissioners, and Supporting Committees
Pertamina, adalah sebagai berikut: of the Board of Commissioners in Pertamina Subholding
and Subsidiaries, are as follows:
Kinerja Dewan Komisaris
The Board of Commissioners’ Performance
Penilaian
No. SS AZ1 JA1 AMY2 GUA2
Assessment
1 Pencapaian KPI Anggota Dewan Komisaris
KPI Achievements of members of the Board of 149.5% 114.3% 116,3% 148% 103,5%
Commissioners
2 Tingkatan AKHLAK Behavior (Perilaku Kerja)
4,75 4,92 4,55 3,94 4,59
AKHLAK Behavior (Work Behaviour) Level
3 Komposisi Nilai Kinerja
122,25% 106,35% 103,68% 113,43% 97,6%
Composition of Performance Values
4 Hasil Predikat Kinerja
High High High High High
Results of Performance Predicate
Keterangan I Notes :
SS: Sarman Simanjorang, AZ: Abdulla Zayed, JA: John Anis, AMY: Abdul Musawir Yahya, GUA: Gigih Udi Atmo
Mulai menjabat sejak 28 Mei 2024
1 1
served from 28 May 2024
Mulai menjabat sejak 31 Juli 2024
2 2
served from 31 July 2024
338 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 339
Pedoman A05-002/K20000/2022/S9 mengatur Manual A05-002/K20000/2022/S9 stipulates that
bahwa pengurus yang berasal dari eksternal Pertamina management appointed externally to Pertamina's
dan baru diangkat menjadi Direksi, Dewan Komisaris Board of Directors, Board of Commissioners, or
atau Komite maksimal 31 Juli dan masih aktif di jabatan Committees by 31 July and who remain active in these
tersebut pada 31 Desember 2024, akan diberlakukan positions as of 31 December 2024 will be subject to an
penilaian kinerja tahunan (Sujit S. Parhar tidak annual performance appraisal (Sujit S. Parhar's term
menjabat per 28 Mei 2024). Sementara pengurus ended on 28 May 2024). For management holding
yang merangkap jabatan sebagai pengurus lain di dual roles within the same Group Entity (Subholding or
Entitas Group (Subholding atau AP Pertamina) yang AP Pertamina), the annual performance evaluation will
sama, maka diberlakukan penilaian kinerja tahunan apply to their primary position in the Parent Company.
pada jabatan utama di Perusahaan Induk. Dengan Therefore, the performance assessments of Dannif
demikian, penilaian Dannif Danusaputro dan Harris Danusaputro and Harris will be based on their current
dilakukan berdasarkan posisi beliau saat ini. roles.
Penilaian Kinerja Komite Di Bawah Performance Assessment of the
Dewan Komisaris Committees under the Board of
Commissioners
Terdapat tiga Komite di bawah Dewan Komisaris yaitu: The following are the three Committees under the
Board of Commissioners:
1. Komite Audit 1. Audit Committee
2. Komite Investasi dan Manajemen Risiko 2. Investment and Risk Management Committee
3. Komite Nominasi dan Remunerasi 3. Nomination and Remuneration Committee
Dewan Komisaris memberikan apresiasi atas upaya The Board of Commissioners extends its appreciation
Komite di bawah Dewan Komisaris dalam meningkatkan for the efforts of the Committees under the Board of
efektivitas pelaksanaan tugas dan fungsinya sepanjang Commissioners in improving the effective implementation
tahun 2024. Seluruh komite telah menunjukkan kinerja of their duties and functions in 2024. All committees
yang baik dengan menjunjung tinggi standar have demonstrated stellar performance by upholding
kompetensi dan kualitas yang tinggi. high standards of competence and quality.
Sebagai bagian dari mekanisme GCG, evaluasi As part of the GCG mechanism, the performance
terhadap kinerja Komite di bawah Dewan Komisaris assessment of the Committees under the Board of
dilakukan secara berkala dan merupakan bagian dari Commissioners is conducted periodically and forms
Laporan Berkala Dewan Komisaris. Penilaian ini part of the Board of Commissioners' Periodic Report.
dilakukan sesuai dengan regulasi POJK dan Peraturan This assessment is conducted in accordance with
Kementerian BUMN yang mengatur tata kelola Regulation of the Financial Services Authority (POJK)
perusahaan serta evaluasi kinerja organ perusahaan. and Regulation of the Ministry of SOEs on corporate
governance and the performance assessment of
company organs.
Metode dan Kriteria Penilaian Methods and Criteria for Assessment
Dewan Komisaris melakukan penilaian terhadap The Board of Commissioners conducts an assessment of
Komite berdasarkan metode yang telah ditetapkan, the Committee based on a predetermined method, with
dengan mengacu pada regulasi yang berlaku. reference to the applicable regulations. Some of the
Beberapa aspek utama yang menjadi kriteria penilaian main aspects that serve as assessment criteria include:
mencakup:
1. Kepatuhan terhadap Regulasi dan Tata Kelola 1. Compliance with Regulations and Corporate
Perusahaan (GCG). Governance (GCG).
• Kepatuhan terhadap POJK, Permen BUMN, • Compliance with the Financial Services
dan ketentuan internal perusahaan terkait Authority Regulation (POJK), the Ministry of
tugas dan tanggung jawab Komite. SOEs Regulation, and the Company's internal
regulations regarding the duties and
responsibilities of the Committee
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07 TATA KELOLA PERUSAHAAN
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• Pelaksanaan tugas sesuai dengan Piagam • Implementation of duties in accordance with
Komite (Committee Charter) dan peraturan the Committee Charter and Company
Perusahaan. regulations.
2. Efektivitas pelaksanaan tugas dan tanggung 2. Effectiveness of duty and responsibility
jawab. implementation.
• Keterlibatan dalam mendukung tugas • Involvement in supporting the Board of
pengawasan Dewan Komisaris terhadap Commissioners' supervisory duties toward the
Direksi. Board of Directors.
• Pemberian rekomendasi yang berbasis analisis • Provision of recommendations based on in-
dan kajian yang mendalam. depth analysis and study.
• Kecepatan dan ketepatan dalam merespons • Speed and accuracy in responding to strategic
isu-isu strategis yang menjadi fokus issues highlighted by the Company.
Perusahaan.
• Kontribusi terhadap Keputusan Strategis • Contribution to the Company's strategic
Perusahaan. decisions.
• Peran dalam memberikan masukan terhadap • Role in providing input on strategic policies,
kebijakan strategis, termasuk aspek keuangan, including financial, audit, risk management,
audit, manajemen risiko, serta nominasi dan and nomination and remuneration aspects.
remunerasi.
• Kualitas laporan dan rekomendasi yang • Quality of reports and recommendations
disampaikan kepada Dewan Komisaris. submitted to the Board of Commissioners
3. Frekuensi dan Kualitas Rapat Komite serta site visit. 3. Frequency and quality of Committee meetings and
• Intensitas dan efektivitas rapat yang site visits.
diselenggarakan oleh Komite. • Intensity and effectiveness of meetings
• Partisipasi aktif anggota Komite dalam diskusi organized by the Committee.
dan pengambilan keputusan. • Active participation of Committee members in
• Management walkthrough pendampingan discussions and decision-making.
dewan Komisaris dalam pengawasan. • Management walkthroughs to assist the
Board of Commissioners in supervision.
4. Kompetensi dan Profesionalisme 4. Competence and Professionalism
• Kapasitas anggota Komite dalam memahami • Competence of Committee members in
industri, regulasi, dan risiko yang dihadapi understanding the industry, regulations, and
Perusahaan. risks faced by the Company.
• Keterlibatan dalam program pengembangan • Involvement in competency development
kompetensi sesuai ketentuan yang berlaku. programs in accordance with applicable
regulations.
5. Tindak Lanjut terhadap Arahan Dewan Komisaris 5. Follow-up to Board of Commissioners' Directives
• Implementasi dan monitoring rekomendasi • Implementation and monitoring of
yang diberikan oleh Dewan Komisaris. recommendations made by the Board of
Commissioners.
• Koordinasi dengan unit terkait dalam • Coordination with relevant units to ensure the
memastikan keberhasilan implementasi successful implementation of the
rekomendasi tersebut. recommendations.
Pelaksanaan Evaluasi Assessment Implementation
Evaluasi dilakukan melalui mekanisme berikut: The assessment is performed through the following
mechanism:
1. Penilaian Mandiri (Self-Assessment): Komite 1. Self-Assessment: The Committee conducts an
melakukan penilaian internal terhadap kinerjanya internal evaluation of its performance based on
berdasarkan indikator yang telah ditetapkan oleh indicators established by the Committee
Ketua Komite dan Dewan Komisaris. Chairperson and the Board of Commissioners.
2. Evaluasi oleh Dewan Komisaris: Dewan Komisaris 2. Evaluation by the Board of Commissioners: The
menilai kinerja Komite berdasarkan laporan kerja, Board of Commissioners assesses the Committee’s
efektivitas pelaksanaan tugas, dan kontribusi performance based on work reports, the
terhadap pencapaian tujuan Perusahaan. effectiveness of task implementation, and its
contribution to the achievement of the Company’s
objectives.
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3. Pelaporan dan Rekomendasi: Hasil evaluasi 3. Reporting and Recommendations: The results of
menjadi bagian dari Laporan Berkala Dewan the evaluation are included in the Board of
Komisaris dan digunakan sebagai dasar Commissioners' Periodic Report and serve as a
peningkatan kinerja serta perbaikan sistem kerja foundation for performance improvements and the
Komite. enhancement of the Committee’s work system.
Komite Audit The Audit Committee
Sepanjang tahun 2024, Komite Audit telah membantu Over the year 2024, the Audit Committee has assisted
Dewan Komisaris dalam mengawasi penerapan fungsi the Board of Commissioners in overseeing the
audit internal dan eksternal, memastikan kepatuhan implementation of internal and external audit functions,
terhadap hukum serta peraturan perundang-undangan ensuring compliance with applicable laws and
yang berlaku, dan mendukung penerapan prinsip- regulations, and supporting the implementation of
prinsip GCG. GCG principles.
Pada tahun 2024, Komite Audit telah mengadakan In 2024, the Audit Committee held seven internal
rapat internal sebanyak tujuh kali, rapat gabungan meetings, 23 joint function meetings, 12 joint meetings
fungsi sebanyak 23 kali, rapat gabungan Dewan of the Board of Commissioners and the Board of
Komisaris dan Direksi sebanyak 12 kali, melaksanakan Directors, six site visits to PGE's Geothermal Concession
kunjungan kerja/site visit ke WKP PGE sebanyak enam Right Area (WKP), and nine competency development
kali, program pengembangan kompetensi sebanyak programs. Additionally, it provided recommendations
sembilan kali, serta memberikan rekomendasi dalam in the selection of external auditors for the audit of the
penentuan auditor eksternal yang mengaudit Laporan Company's Financial Statements for the 2024 financial
Keuangan Perseroan tahun buku 2024. year.
Penilaian Komite Audit
Audit Committee Assessment
Penilaian
No. AZ AMY QR RR
Assessment
1 Pencapaian KPI Anggota Dewan Komisaris
KPI Achievements of members of the Board of Commissioners 98,5% 125,2% 127,3% 85,67%
2 Tingkatan AKHLAK Behavior (Perilaku Kerja)
AKHLAK Behavior (Work Behavior) Level 4,92 3,94 4,50 4,17
3 Komposisi Nilai Kinerja
AKHLAK Behavior (Work Behavior) Level 98,45% 102% 108,5% 84,57%
4 Hasil Predikat Kinerja
Results of Performance Predicate High High High Medium
Keterangan I Notes :
AZ: Abdulla Zayed, AMY: Abdul Musawir Yahya, QR: Qatro Romandhi, RR: Rafi Rakhmadhan
Komite Investasi dan Manajemen The Investment and Risk
Risiko Management Committee
Komite Investasi dan Manajemen Risiko bertugas The Investment and Risk Management Committee is
memberikan rekomendasi kepada Dewan Komisaris tasked with providing recommendations to the Board of
terkait pengelolaan risiko serta tingkat risiko yang Commissioners pertaining to risk management and the
dihadapi Perseroan, termasuk upaya mitigasi yang level of risk faced by the Company, including mitigation
perlu diterapkan serta mengevaluasi kebijakan investasi efforts to be implemented as well as evaluating the
yang dijalankan Perseroan. investment policies implemented by the Company.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 341
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07 TATA KELOLA PERUSAHAAN
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Selama tahun buku, Komite Investasi dan Manajemen During the financial year, the Investment and Risk
Risiko telah melakukan rapat internal sebanyak Management Committee conducted six internal
enam kali, rapat gabungan fungsi sebanyak meetings, 19 joint function meetings,
19 kali, rapat gabungan Dewan Komisaris dan Direksi 12 joint meetings of the Board of Commissioners and
sebanyak 12 kali, melaksanakan kunjungan kerja/site the Board of Directors, four site visits to PGE’s WKP,
visit ke WKP PGE sebanyak empat kali, serta program and six competency development programs.
pengembangan kompetensi sebanyak enam kali.
Penilaian Komite Investasi dan Manajemen Risiko
Assessment of the Investment and Risk Management Committee
Penilaian
No. GUA AMK
Assessment
Pencapaian KPI Anggota Dewan Komisaris
1 103,8% 72%
KPI Achievements of members of the Board of Commissioners
Tingkatan AKHLAK Behavior (Perilaku Kerja)
2 4,59 4,50
AKHLAK Behavior (Work Behavior) Level
Komposisi Nilai Kinerja
3 97,8% 81%
Composition of Performance Values
Hasil Predikat Kinerja
4 High Medium
Results of Performance Predicate
Keterangan I Notes :
GUA: Gigih Udi Atmo , AMK: Andree Mulia Krisdiansyah Harahap
Komite Nominasi dan Remunerasi The Nomination and Remuneration
Committee
Dewan Komisaris dibantu oleh Komite Nominasi dan The Nomination and Remuneration Committee assists
Remunerasi dalam menelaah, mengevaluasi, serta the Board of Commissioners in reviewing, evaluating,
memberikan usulan terkait Talent Management System. and providing proposals related to the Talent
Selain itu, Komite Nominasi dan Remunerasi juga Management System. The Committee also evaluates
melakukan evaluasi atas kebijakan remunerasi dan the remuneration policy and reviews the Board of
evaluasi atas usulan Direksi mengenai struktur Directors' proposal concerning the Company's
organisasi Perseroan. organizational structure.
Sepanjang tahun 2024, Komite Nominasi dan Throughout 2024, the Nomination and Remuneration
Remunerasi telah melakukan rapat internal sebanyak Committee conducted eight internal meetings, 12 joint
delapan kali, rapat gabungan dengan fungsi sebanyak meetings with functions, and 12 joint meetings of the
12 kali, serta rapat gabungan Dewan Komisaris dan Board of Commissioners and the Board of Directors,
Direksi sebanyak 12 kali, melaksanakan kunjungan four site visits to PGE's WKP, and seven competency
kerja/site visit ke WKP PGE sebanyak empat kali, serta development programs.
program pengembangan kompetensi sebanyak tujuh
kali.
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Penilaian Komite Nominasi dan Remunerasi
Assessment of the Nomination and Remuneration Committee
Penilaian
No. SS DM P
Assessment
1 Pencapaian KPI Anggota Dewan Komisaris
KPI Achievements of members of the Board of Commissioners 111,6% 120,6% 107,33%
2 Tingkatan AKHLAK Behavior (Perilaku Kerja)
AKHLAK Behavior (Work Behavior) Level 4,75 5,00 4,92
3 Komposisi Nilai Kinerja
Composition of Performance Values 103,3% 110,3% 102,87%
4 Hasil Predikat Kinerja
Results of Performance Predicate High High High
Keterangan I Notes :
SS: Sarman Simanjorang, DM: David Marito Saragih Turnip, P: Purwitohadi
Penjelasan lebih lanjut terkait Komite di bawah Dewan Further explanation regarding the Committees under
Komisaris terdapat pada pembahasan sub bab Komite the Board of Commissioners can be found in the
Audit, Komite dan Nominasi dan Remunerasi, serta discussion of the sub-chapters of the Audit Committee,
Komite Investasi dan Manajemen Risiko di dalam bab Nomination and Remuneration Committee, and
ini. Investment and Risk Management Committee in this
chapter.
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
DIREKSI
THE BOARD OF DIRECTORS
Dewan Komisaris merupakan organ Perseroan yang The Board of Directors is a governance organ
bertugas melakukan fungsi pengawasan pengelolaan responsible for leading and managing the Company
Perseroan oleh Direksi, termasuk memastikan aligned with the purposes and objectives of the
penerapan GCG telah berjalan secara berkelanjutan. Company, with the limits of authority specified in the
Articles of Association.
Komposisi Direksi Composition of the Board of
Directors
Sebagaimana termuat dalam Anggaran Dasar, As set out in the Articles of Association, the Company is
Perseroan diurus dan dipimpin oleh Direksi yang terdiri managed and led by the Board of Directors, consisting
dari sedikitnya dua orang anggota Direksi, dengan of at least two Directors, one of whom may be
seorang di antaranya dapat diangkat sebagai Direktur appointed as the President Director.
Utama.
Terdapat perubahan komposisi Direksi pada tahun The following changes were made to the composition
2024: of the Board of Directors in 2024:
• Menyetujui pemberhentian Nelwin Aldriansyah • Approving the dismissal of Nelwin Aldriansyah as
sebagai Direktur Keuangan dan mengangkat the Director of Finance and appointing Yurizki Rio
Yurizki Rio pengganti sebagai Direktur Keuangan, as his successor as Director of Finance, based on
berdasarkan RUPSLB pada 12 Februari 2024. the EGMS held on 12 February 2024. The
Keputusan perubahan disahkan oleh Akta Notaris amendment was authorized by Notarial Deed No.
No. 12 tanggal 19 Februari 2024. 12 dated 19 February 2024.
• Menyetujui pemberhentian Rachmat Hidajat dari • Approving the dismissal of Rachmat Hidajat from
jabatannya sebagai Direktur Eksplorasi & his position as Director of Exploration &
Pengembangan Perseroan serta mengangkat Development of the Company and appointing
Edwil Suzandi sebagai pengganti Direktur Edwil Suzandi as his successor as Director of
Eksplorasi & Pengembangan, berdasarkan RUPST Exploration & Development, based on the AGMS
pada 28 Mei 2024. Keputusan perubahan Direksi held on 28 May 2024. The amendment on the
disahkan oleh Akta Notaris Nomor 19 tanggal 10 Board of Directors was ratified by Notarial Deed
Juni 2024. No. 19 dated 10 June 2024.
Sehingga per 31 Desember 2024, komposisi Direksi Therefore, as of 31 December 2024, the composition
adalah sebagai berikut: of the Board of Directors is as follows:
Direktur Utama Julfi Hadi
President Director
Direktur Operasi Ahmad Yani
Director of Operations
Direktur Eksplorasi dan Pengembangan Edwil Suzandi
Director of Exploration and Development
Direktur Keuangan Yurizki Rio
Director of Finance
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Board Manual Direksi Board Manual of the Board of
Directors
Direksi memiliki pedoman kerja atau Board Manual The Board of Directors is equipped with a Board
yang telah disahkan melalui Surat Keputusan No.022/ Manual that has been ratified through Decrees
DK/PGE/2023-S0 dan Nomor Kpts-058/ No.022/DK/PGE/2023-S0 and No. Kpts-058/
PGE000/2023-S0 tanggal 30 Agustus 2023 oleh PGE000/2023-S0 dated 30 August 2023 by all
seluruh anggota Direksi dan Dewan Komisaris. members of the Board of Directors and the Board of
Commissioners.
Isi dari Board Manual Direksi mencakup persyaratan The contents of the Board of Directors’ Board Manual
Direksi, larangan rangkap jabatan, masa jabatan, include the prohibition of holding concurrent positions,
pemberhentian dan pengunduran diri, pengungkapan term of office, dismissal and resignation, disclosure of
kepemilikan saham, tugas dan kewajiban serta share ownership, duties, obligations, and authorities,
kewenangan, hingga pengaturan mengenai as well as regulations related to the accountability of
pertanggungjawaban Direksi. Penjelasan lebih lanjut the Board of Directors. Further explanation on the
terkait Board Manual Direksi bisa dilihat dalam situs Board Manual of the Board of Directors can be found
web Perseroan https://www.pge.pertamina.com/ on the Company’s website https://www.pge.
Media/Uploads/keberlanjutan/file/Board%20 pertamina.com/Media/Uploads/keberlanjutan/file/
Manual%202023_.pdf Board%20Manual%202023_.pdf
Tugas dan Tanggung Jawab Direksi Duties and Responsibilities of the
Board of Directors
Sesuai Board Manual, tugas dan tanggung jawab Based on the Board Manual, duties and responsibilities
Direksi adalah: of the Board of Directors are as follows:
1. Menjalankan segala tindakan yang berkaitan 1. Conduct all actions related to the management of
dengan pengurusan Perseroan untuk kepentingan the Company for the interest of the Company and
Perseroan dan sesuai dengan maksud dan tujuan in accordance with the purpose and objectives of
Perseroan. the Company.
2. Mewakili Perseroan baik di dalam maupun di luar 2. Represent the Company, both inside and outside
pengadilan tentang segala hal dan segala the court, regarding all matters and all events with
kejadian dengan pembatasan-pembatasan limitations as stipulated in laws and regulations,
sebagaimana diatur dalam peraturan perundang- the Articles of Association, and/or GMS
undangan, Anggaran Dasar dan/atau Keputusan resolutions.
RUPS.
3. Mencurahkan tenaga, pikiran, perhatian dan 3. Devote total energy, thoughts, attention, and
pengabdiannya secara penuh pada tugas, dedication to the duties, obligations, and
kewajiban dan pencapaian tujuan Perseroan. achievements of the Company’s objectives.
4. Menyiapkan Rencana Jangka Panjang Perusahaan 4. Draft the Company’s Long-Term Plan (RJPP), which
(RJPP) yang merupakan rencana strategis yang is a strategic plan outlining the targets and
memuat sasaran dan tujuan Perseroan yang objectives of the Company to be achieved within a
hendak dicapai dalam jangka waktu lima tahun, five-year period that has been approved
yang telah mendapatkan persetujuan dengan unanimously by the Board of Commissioners.
suara bulat dari Dewan Komisaris.
5. Menyiapkan rancangan Rencana Kerja dan 5. Draft the Company’s Work Plan and Budget
Anggaran Perusahaan (RKAP) yang merupakan (RKAP), which is the annual elaboration of the
penjabaran tahunan dari RJPP dan telah mendapat RJPP and has been approved by the Board of
persetujuan Dewan Komisaris. Commissioners.
6. Mengadakan dan memelihara pembukuan dan 6. Make and Keep the Company’s accounting and
administrasi Perseroan sesuai kelaziman yang administration according to generally accepted
berlaku bagi suatu Perseroan. principles in a Company.
7. Menyampaikan Laporan Tahunan yang telah 7. Within five months after the closing of the
ditandatangani oleh Direksi dan Dewan Komisaris Company’s financial year, submit the Annual
kepada RUPS untuk mendapatkan persetujuan, Report that has been signed by the Board of
dalam waktu lima bulan setelah tahun buku Directors and the Board of Commissioners to the
Perseroan ditutup. GMS for approval.
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07 TATA KELOLA PERUSAHAAN
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8. Menyusun sistem akuntansi sesuai dengan Standar 8. Develop an accounting system in accordance with
Akuntansi Keuangan (SAK) dan berdasarkan the Generally Accepted Accounting Principles
prinsip-prinsip pengendalian internal, terutama (GAAP) and based on the principles of internal
fungsi pengurusan, pencatatan, penyimpanan, control, especially the functions of management,
dan pengawasan. recording, storing, and supervision.
9. Memberikan pertanggung jawaban dan segala 9. Provide accountability and all information
keterangan tentang jalannya Perseroan berupa regarding the condition of the Company’s
Laporan Kegiatan Perseroan, termasuk Laporan operations in the form of Company Activity Reports,
Keuangan, baik dalam bentuk laporan berkala including Financial Statement, both in the form of
menurut cara dan waktu yang ditentukan dalam periodic reports according to the method and time
Anggaran Dasar serta setiap saat diminta oleh specified in these Articles of Association and
RUPS. whenever requested by the GMS.
10. Menyiapkan dan menetapkan susunan organisasi 10. Prepare and determine the organizational structure
Perseroan lengkap dengan perincian dan of the Company, complete with the details and
tugasnya. duties.
11. Memberikan penjelasan tentang segala hal yang 11. Provide an explanation of all matters stated or
dinyatakan atau diminta Dewan Komisaris. requested by members of the Board of
Commissioners.
12. Menjalankan kewajiban-kewajiban lainnya sesuai 12. Perform other obligations in accordance with the
dengan ketentuan yang diatur dalam Anggaran provisions stipulated in the Articles of Association
Dasar dan ditetapkan oleh RUPS berdasarkan and determined by the GMS based on applicable
peraturan perundang-undangan yang berlaku. laws and regulations.
13. Selaras dengan kebijakan dan peraturan PT 13. Adhere to the policies and regulations of PT
Pertamina Power Indonesia sebagai pemegang Pertamina Power Indonesia as the controlling
saham pengendali, selama PT Pertamina Power shareholder, so long as PT Pertamina Power
Indonesia masih menjadi pemegang saham Indonesia remains the ultimate shareholder of the
mayoritas Perseroan dan selama kebijakan dan Company and so long as these policies and
peraturan tersebut tidak bertentangan dengan regulations do not conflict with the provisions of
ketentuan Anggaran Dasar Perseroan. the Company’s Articles of Association.
Wewenang Direksi Authority of the Board of Directors
Dalam menjalankan tugasnya, Direksi berwenang In performing duties, the Board of Directors is authorized
untuk: to:
1. Menetapkan kebijakan dalam memimpin 1. Establish policies in leading the management of
pengurusan Perseroan, termasuk untuk Anak the Company, including Subsidiaries.
Perusahaan.
2. Mengatur ketentuan-ketentuan tentang 2. Regulate provisions on the Company’s employment,
kepegawaian Perseroan termasuk pembinaan including employee development and
pegawai, penetapan upah dan penghasilan lain, determination of wages and other incomes,
pesangon dan/atau penghargaan atas severance pay and/or awards for dedication, as
pengabdian serta manfaat pensiun bagi para well as retirement benefits for the Company’s
pegawai Perseroan berdasarkan peraturan employees based on applicable laws and
perundang-undangan yang berlaku dan/ atau regulations and/or GMS resolutions.
keputusan RUPS.
3. Mengangkat dan memberhentikan pegawai 3. Appoint and dismiss the Company’s employees
Perseroan berdasarkan peraturan kepegawaian based on employment regulations and applicable
dan peraturan perundang-undangan yang berlaku. laws and regulations.
4. Mengatur penyerahan kekuasaan Direksi untuk 4. Arrange for the transfer of power of the Board of
mewakili Perseroan di dalam dan di luar Directors to represent the Company inside and
pengadilan kepada seorang atau beberapa orang outside the court to one or several members of the
anggota Direksi yang khusus ditunjuk untuk hal Board of Directors appointed specifically for this
tersebut, atau kepada seorang atau beberapa purpose or to one or several employees of the
orang pekerja Perseroan baik sendiri-sendiri Company, either individually or collectively, or to
maupun bersama-sama dengan kepada pihak lain. other parties.
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5. Mengangkat dan memberhentikan Sekretaris 5. Appoint or dismiss the Corporate Secretary based
Perusahaan berdasarkan aturan dan ketentuan on applicable regulations and provisions.
yang berlaku.
6. Menjalankan tindakan-tindakan lainnya baik 6. Conduct other actions both regarding the
mengenai pengurusan maupun mengenai management and ownership of the Company’s
pemilikan kekayaan Perseroan, sesuai dengan assets aligned with the provisions stipulated in the
ketentuan- ketentuan yang diatur dalam Anggaran Articles of Association and determined by the
Dasar dan yang ditetapkan oleh RUPS berdasarkan GMS based on applicable laws and regulations.
peraturan perundang-undangan yang berlaku.
7. Menyusun sasaran kinerja dan evaluasi kinerja 7. Set the Company’s performance targets and
Perseroan sesuai ketentuan yang berlaku. evaluate its performance following applicable
provisions.
8. Mengupayakan tercapainya sasaran kinerja 8. Endeavor to achieve the Company’s performance
Perseroan yang meliputi antara lain indikator targets that cover, among others, indicators of
aspek keuangan, aspek operasional dan aspek financial aspects, operational aspects, and
administrasi yang digunakan sebagai dasar administrative aspects, which are used as the basis
penilaian tingkat kesehatan Perseroan sesuai for assessing the Company’s health level in
dengan kinerja yang telah ditetapkan dalam RUPS accordance with the performance stipulated in the
terkait Persetujuan Rencana Kerja dan Anggaran GMS regarding Approval of the Company’s Work
Perseroan. Plan and Budget.
9. Menetapkan pejabat Perseroan sampai jenjang 9. Assign the Company’s officials to a certain level,
tertentu yang diatur melalui ketetapan Direksi. which is regulated by a decision of the Board of
Directors.
10. Sepanjang tidak ditetapkan oleh RUPS, Direksi 10. So long as it is not determined by the GMS, the
dapat menetapkan pembagian tugas dan Board of Directors may determine the distribution
wewenang di antara Direksi dalam suatu keputusan of duties and authorities among the Board of
Direksi, tanpa membatasi tugas, wewenang, dan Directors in a decision of the Board of Directors
tanggung jawab sebagai anggota Direksi sesuai without limiting the duties, authorities, and
ketentuan yang tercantum dalam Anggaran Dasar, responsibilities of members of the Board of
guna menjalankan tugas pokok sebagai anggota. Directors aligned with the provisions stated in the
Articles of Association in order to perform their
main duties as members.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 347
Page 348
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Pembagian Tugas Direksi
Division of Duties of the Board of Directors
DIREKTUR UTAMA
PRESIDENT DIRECTOR
1. Memberikan arahan dan mengendalikan visi, misi, strategi, serta kebijakan Perseroan.
2. Memimpin para anggota Direksi dalam melaksanakan keputusan Direksi.
3. Menyelenggarakan dan memimpin rapat Direksi secara periodik sesuai ketetapan Direksi atau rapat-rapat lain apabila
dipandang perlu sesuai usulan Direksi.
4. Menentukan keputusan yang diambil dalam rapat Direksi, apabila terdapat jumlah suara yang setuju dan tidak setuju sama
banyaknya.
5. Menunjuk salah seorang Direktur untuk memimpin rapat Direksi, apabila berhalangan hadir.
6. Mengesahkan semua Surat Keputusan Direksi dan/atau Direktur Utama sesuai dengan jenis keputusan yang diatur dalam
Anggaran Dasar atau ketetapan lainnya, atas nama Direksi.
7. Mewakili Perseroan di dalam maupun di luar pengadilan dan/atau dapat menunjuk anggota Direksi lain, pekerja atau pihak
lain untuk mewakili Perseroan di dalam dan di luar Pengadilan, termasuk mewakili Perseroan sebagai pemegang saham pada
entitas Anak Perusahaan, perusahaan patungan dan/atau badan usaha lainnya, atas nama Direksi.
8. Memimpin dan mendorong terlaksananya pembentukan budaya Perseroan, peningkatan citra dan GCG.
9. Memimpin dan mengkoordinasikan fungsi-fungsi langsung yang berada di bawah Direktur Utama, antara lain Sekretaris
Perusahaan, Internal Audit, dan lain-lain dalam mencapai sasaran kinerja Perseroan yang telah ditetapkan.
10. Memberikan informasi kepada pemangku kepentingan terhadap keputusan Direksi yang memberi dampak besar kepada publik
baik yang berkaitan dengan keputusan bisnis, aspek legal, ataupun isu-isu tentang Perseroan yang berkembang di masyarakat.
11. Melimpahkan sebagian tugas dan wewenangnya kepada Direksi lainnya sesuai dengan tugas dan wewenang masing-masing
Direksi tersebut.
12. Memiliki wewenang untuk melakukan korespondensi dengan pihak eksternal yang terkait tugas dan tanggung jawab Direktur
Utama.
1. Provide directions and control the Company’s vision, missions, strategies, and policies.
2. Lead the members of the Board of Directors in implementing decisions of the Board of Directors.
3. Organize and chair Board of Directors meetings periodically in line with the decisions of the Board of Directors or other meetings
if deemed necessary according to the recommendations of the Board of Directors.
4. Determine the decisions taken at the Board of Directors meetings if there are an equal number of votes agreeing and disagreeing.
5. Appoint one of the Directors to chair the Board of Directors meetings if unable to attend.
6. Ratify all Decrees of the Board of Directors and/or President Director in accordance with the types of decisions regulated in the
Articles of Association or other provisions on behalf of the Board of Directors.
7. Represent the Company inside and outside the court and/or may appoint other members of the Board of Directors, employees,
or other parties to represent the Company inside and outside the Court, including representing the Company as a shareholder of
Subsidiaries, joint ventures, and/or other business entities, on behalf of the Board of Directors.
8. Lead and promote the implementation of the establishment of Corporate culture, image improvement, and GCG.
9. Lead and coordinate the functions directly under the President Director, including Corporate Secretary, Internal Audit, and others,
in achieving the Company’s predetermined performance targets.
10. Provide information to stakeholders regarding the decisions of the Board of Directors that have a major impact on the public,
whether related to business decisions, legal aspects, or issues concerning the Company that are developing in society.
11. Delegate some of the duties and authorities to other Directors in accordance with the respective duties and authorities of each
member of the Board of Directors.
12. Have the authority to carry on correspondence with external parties related to the duties and responsibilities of the President
Director.
348 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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DIREKTUR EKSPLORASI DAN PENGEMBANGAN
DIRECTOR OF EXPLORATION AND DEVELOPMENT
1. Mengkaji kelayakan bisnis baru sesuai rencana bisnis dan kebijakan pertumbuhan usaha Perseroan.
2. Memimpin dan mengendalikan seluruh kegiatan proyek yang bersifat growth (proyek baru, proyek perluasan, dan proyek
penyiapan area baru).
3. Melakukan evaluasi segenap kegiatan pengembangan bisnis berbasis risk management dan menjaga hubungan baik dengan
pihak pelanggan untuk memastikan lingkup dan persyaratan kontrak yang menguntungkan bagi Perseroan.
4. Memimpin dan mengendalikan segenap kegiatan survei geokimia, geologi, dan geofisika.
5. Mengkoordinasikan penyusunan Rencana Kerja dan Anggaran (RKA) dan Rencana Jangka Panjang (RJP) Perseroan serta
melakukan evaluasi perencanaan secara berkala.
6. Memimpin dan mengendalikan pengelolaan sumber daya yang berada dalam tanggung jawab Direktorat Eksplorasi dan
Pengembangan.
7. Melakukan perencanaan, pelaksanaan dan pengendalian proyek untuk memastikan bahwa tujuan proyek, antara lain terkait
safety, on time, on budget, on specification, dan on return dapat tercapai.
8. Melaporkan secara berkala segenap kemajuan kegiatan kepada Direktur Utama.
9. Melakukan sinergi, kerja sama yang kuat, dan saling mendukung dalam aktivitas bisnis dan operasional Perseroan sehari-hari
dengan direktorat lain.
10. Mewakili Perseroan di dalam maupun di luar Pengadilan dan/atau dapat menunjuk anggota Direksi lain, pekerja atau pihak lain
untuk mewakili Perseroan di dalam dan di luar pengadilan.
11. Memiliki wewenang untuk melakukan korespondensi dengan pihak eksternal yang terkait tugas dan tanggung jawab Direktur
Eksplorasi dan Pengembangan.
1. Review the feasibility of new businesses according to the business plan and business growth policies of the Company.
2. Lead and control all project activities that support company growth (new projects, expansion projects, and new area preparation
projects).
3. Evaluate business development activities based on risk management and maintain good relationships with customers to ensure that
the scope and terms are profitable for the Company.
4. Lead and control all geochemical, geological, and geophysical survey activities.
5. Coordinate the preparation of the Company’s Work Plan and Budget (RKAP) and Long-Term Plan (RJPP) as well as evaluate the
planning on a regular basis.
6. Lead and control the management of resources under the responsibility of the Directorate of Exploration and Development.
7. Conduct planning, implementation, and control to ensure that project objectives, including safety, on time, on budget, on
specification, and on return, can be achieved.
8. Report all progress of activities on a regular basis to the President Director.
9. Create synergy, strong cooperation, and mutual support in the Company’s daily business and operational activities with other
directorates.
10. Represent the Company inside and outside the Court and/or may appoint other members of the Board of Directors, employees, or
other parties to represent the Company inside and outside the court.
11. Have the authority to carry on correspondence with external parties regarding duties and responsibilities of the Director of
Exploration and Development.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 349
Page 350
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
DIREKTUR OPERASI
DIRECTOR OF OPERATIONS
1. Mengarahkan dan mengevaluasi segenap kegiatan yang berkaitan dengan operasi produksi.
2. Merencanakan dan mengevaluasi keandalan saran serta fasilitas operasi dan fasilitas pendukung.
3. Mengembangkan standar engineering untuk segenap kegiatan operasi di area.
4. Merencanakan, mengarahkan, dan mengevaluasi segenap kegiatan yang berkaitan dengan pengendalian kinerja pengeboran
sumur make up, utilisasi, dan pengoperasian power plant.
5. Memimpin dan mengendalikan seluruh kegiatan utilisasi dan pembangkitan.
6. Mengarahkan dan mengevaluasi kegiatan kemitraan bisnis.
7. Mengendalikan segenap kinerja kegiatan kemitraan bisnis operasional dalam aspek finansial dan non finansial.
8. Menetapkan mekanisme pengendalian segenap risiko operasional dan mengawasi status penanganan.
9. Melaporkan secara berkala segenap kemajuan kegiatan kepada Direktur Utama.
10. Melakukan sinergi, kerja sama yang kuat dan saling mendukung dalam aktivitas bisnis dan operasional Perseroan sehari-hari.
11. Berwenang mewakili Perseroan di dalam maupun di luar pengadilan dan/atau dapat menunjuk anggota Direksi lain, pekerja
atau pihak lain untuk mewakili Perseroan di dalam dan di luar pengadilan.
12. Berwenang melakukan korespondensi dengan pihak eksternal yang terkait tugas dan tanggung jawab Direktur Operasi.
1. Lead and evaluate all activities related to production operations.
2. Plan and evaluate the reliability of advice as well as operating facilities and supporting facilities.
3. Develop engineering standards for all operational activities in the area.
4. Plan, direct, and evaluate all activities related to controlling the performance of make-up well drilling, utilization, and operations
of power plants.
5. Lead and control all utilization and generation activities.
6. Direct and evaluate business partnership activities.
7. Control all performance of operational business partnership activities in financial and non-financial aspects.
8. Establish a mechanism to control all operational risks and monitor the status of handling.
9. Report all progress of activities on a regular basis to the President Director.
10. Create synergy, strong cooperation, and mutual support in the Company’s daily business and operational activities.
11. Represent the Company inside and outside the court and/or may appoint other members of the Board of Directors, employees, or
other parties to represent the Company inside and outside the court.
12. Have the authority to carry on correspondence with external parties regarding duties and responsibilities of the Director of
Operations.
350 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 351
DIREKTUR KEUANGAN
DIRECTOR OF FINANCE
1. Merencanakan, mengelola, dan mengontrol keuangan Perseroan agar berfungsi maksimal dalam mendukung aktivitas bisnis dan
operasional Perseroan yang berlandasan pada prinsip pengelolaan keuangan yang berbasis pada risk management.
2. Melakukan koordinasi dengan Direktorat Keuangan PT Pertamina (Persero) dalam hal penerimaan dan pengeluaran keuangan
serta investasi Perseroan.
3. Melaporkan secara berkala status pengendalian keuangan Perseroan kepada Direktur Utama.
4. Melakukan sinergi, kerja sama yang kuat dan saling mendukung dalam aktivitas bisnis dan operasional Perseroan sehari-hari
dengan Direktorat lain.
5. Mewakili Perseroan di dalam maupun di luar pengadilan dan/atau dapat menunjuk anggota Direksi lain, pekerja atau pihak lain
untuk mewakili Perseroan di dalam dan di luar pengadilan.
6. Memiliki wewenang untuk melakukan korespondensi dengan pihak eksternal yang terkait tugas dan tanggung jawab Direktur
Keuangan.
1. Plan, manage, and control the finances of the Company so that it functions optimally in supporting the Company’s business and
operational activities, adhering to the principles of financial management based on risk management.
2. Coordinate with the Finance Directorate of PT Pertamina (Persero) in terms of receipts and disbursements of the Company’s finances
and investments.
3. Report the status of the Company’s financial control on a regular basis to the President Director.
4. Create synergy, strong cooperation, and mutual support in the Company’s daily business and operational activities with other
directorates.
5. Represent the Company inside and outside the Court and/or may appoint other members of the Board of Directors, employees, or
other parties to represent the Company inside and outside the court.
6. Have the authority to carry on correspondence with external parties regarding duties and responsibilities of the Director of Finance.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 351
Page 352
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Pelaksanaan Tugas Direksi Implementation of Duties of the
Board of Directors
Direksi melaksanakan tugas dan tanggung jawab The Board of Directors performed the following duties
sesuai dengan ketentuan yang tercantum dalam and responsibilities under the provisions stipulated in
Anggaran Dasar, Rencana Kerja, serta peraturan the Articles of Association, Work Plan, and applicable
perundang-undangan yang berlaku selama tahun laws and regulations throughout 2024:
2024, sebagai berikut:
• Penyusunan dan penetapan rencana bisnis atas • Prepared and determined business plans for
inisiatif penambahan kapasitas terpasang. initiatives to increase installed capacity.
• Penyusunan kajian atas strategi pertumbuhan • Prepared studies on inorganic growth strategies,
anorganik baik domestik maupun internasional. both domestic and international.
• Perumusan strategi percepatan aktivitas turn • Formulated strategies to accelerate turnaround/
around/ maintenance Pembangkit Listrik Tenaga maintenance activities for Geothermal Power
Panas Bumi (PLTP) sebagai upaya optimasi Plants (GPP) in an effort to optimize production.
produksi.
• Implementasi Geothermal Integrated Management • Implemented Geothermal Integrated Management
System untuk meningkatkan operational excellence System to increase the Company’s operational
Perseroan. excellence.
• Perumusan kajian program kerja berbasis • Formulated studies on work programs based on
Environmental, Social and Governance (ESG). Environmental, Social and Governance (ESG).
• Implementasi strategi keuangan cost optimization. • Implemented financial strategies for cost
optimization.
• Memastikan sustainability reservoir management • Ensured sustainability reservoir management
strategic partnership dalam pengembangan strategic partnership in project development and
proyek dan keikutsertaan lelang Wilayah Kerja participation in Geothermal Concession Right
Panas Bumi (WKP). Area (WKP) auctions.
• Memimpin strategi kerjasama dan kemitraan bisnis • Led business cooperation and partnership
dalam pengembangan produk turunan panas strategies in developing geothermal derivatives
bumi dan ekspansi usaha and expanding the business.
• Menjalankan kebijakan bisnis yang mendukung • Implemented business policies that support the
pertumbuhan dan keberlanjutan nilai saham di growth and sustainability of share values in the
pasar modal. capital market.
• Menentukan strategi ekspansi anorganik Perseroan • Determined the Company’s inorganic expansion
sesuai dengan roadmap pertumbuhan perusahaan. strategies following the company growth roadmap.
• Melakukan upaya financial hedging untuk • Made financial hedging efforts to mitigate
memitigasi fluktuasi kurs. exchange rate fluctuations.
• Memastikan seluruh aktivitas kerja di seluruh WKP • Ensured that all work activities throughout the
Perseroan sudah sesuai dengan Kebijakan Company’s WKP are in accordance with the
Kesehatan, Keselamatan Kerja, Keamanan dan Health, Safety, Security, and Environment (HSSE).
Lingkungan atau Health, Safety Security and
Environment (HSSE).
• Pelaksanaan tugas lainnya terkait pengurusan • Performed other duties related to the management
Perseroan. of the Company.
352 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 353
Surat Keputusan Direksi pada 2024
Decrees of the Board of Directors Issued in 2024
Tanggal Perihal
Date Subject
18 Januari I January 2024 Pengaturan Bagi Pekerja PGE yang ditugaskan sebagai Chief Executive Officer (CEO) & Chief
Financial Officer (CFO) Muda Rumah BUMN
Arrangement for PGE Employees assigned as the Young Chief Executive Officer (CEO) &
Associate Chief Financial Officer (CFO) of SOEs Ministry Digital Economy Ecosystem CSR
Program
26 Januari I January 2024 Surat Keputusan Tentang Pembayaran Panjar Insentif II tahun 2023
Payment of the Second Incentive Advance in 2023
7 Februari I February 2024 Peserta Management & Employee Stock Option Program (MESOP) Tahap II
Participants of Management & Employee Stock Option Program (MESOP) Stage II
19 Februari I February 2024 Struktur Organisasi Project Lumut Balai (LMB) Unit 2
Organizational Structure of Lumut Balai (LMB) Unit 2 Project
26 Februari I February 2024 Pengangkatan Pekerja Waktu Tidak Tertentu (PWTT)
Appointment of Tenured Employees
16 Maret I March 2024 Tunjangan Hari Raya Keagamaan (THRK) Tahun 2024
Surat Keputusan Tentang Tunjangan Hari Raya (THR)
27 Maret I March 2024 Pengangkatan Pekerja Waktu Tidak Tertentu (PWTT)
Appointment of Tenured Employees
2 April 2024 Pemberian Bantuan Haji
Hajj Assistance Provision
5 April 2024 Izin Meninggalkan Pekerjaan Tanpa Upah
Permission to Leave Work Unpaid
24 Mei I May 2024 Insentif Final Tahun 2023
Final Incentives for 2023
27 Mei I May 2024 Pengangkatan Pekerja Waktu Tidak Tertentu (PWTT)
Appointment of Tenured Employees
24 Juni I June 2024 Komite/Tim Penetapan Sanksi Disiplin
Committee/Team for Determination of Disciplinary Sanctions
16 Juli I July 2024 Pengangkatan Pekerja Waktu Tidak Tertentu (PWTT)
Appointment of Tenured Employees
15 Oktober I October 2024 Salary Increase
2 Desember I December 2024 Remunerasi Tenaga Alih Daya (TAD)
Remuneration for Outsourced Employees
3 Desember I December 2024 Panjar Insentif
Incentive Advance
3 Desember I December 2024 Sustainability Committee & Task Force Team Direktur Utama PGE
Sustainability Committee & Task Force Team of the President Director of PGE
16 Desember I December 2024 Struktur Organisasi PGE
Organizational Structure of PGE
2024 Annual Report PT Pertamina Geothermal Energy Tbk 353
Page 354
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Surat Perintah Direksi pada 2024
Orders of the Board of Directors Issued in 2024
Tanggal Perihal
Date Subject
25 Januari | January 2024 Tim Task Force Cost Optimization untuk Pencapaian Target Laba RKAP Tahun 2024
Cost Optimization Task Force Team for Achievement of the Company’s Work Plan and Budget
(RKAP) in 2024
26 Februari I February 2024 Tim Auditor Internal Geothermal Integrated Management System (GIMS) ISO 9001:2015,
ISO 14001:2015, ISO 45001:2018, ISO/IEC 17025:2017, ISO 37001:2016, ISO
22301:2019, ISO 27001:2022 PGE
Internal Auditor Team of PGE for Geothermal Integrated Management System (GIMS) ISO
9001:2015, ISO 14001:2015, ISO 45001:2018, ISO/IEC 17025:2017, ISO 37001:2016,
ISO 22301:2019, and ISO 27001:2022
14 Maret | March 2024 Penunjukan Koordinator Penerapan dan Pemantauan GCG Direktur Utama PGE
Appointment of GCG Implementation and Monitoring Coordinator by the President Director
of PGE
20 Maret | March 2024 Penugasan Pekerja Sebagai Senior Executive of Commercialization
Assignment of Employees as Senior Executives of Commercialization
28 Maret | March 2024 Susunan Badan Pengurus Kegiatan Rohani, Olahraga dan Kesenian
Composition of the Management Board for Religious, Sports, and Arts Activities
28 Maret | March 2024 Tim PMS Academy PGE
PGE PMS Academy Team
28 Maret | March 2024 Tim Penyusunan Buku Putih IPO PGE
PGE IPO White Paper Preparation Team
4 April | March 2024 Tim Pelaksana Recovery Program PGE Area Karaha
Recovery Program Executor Team for PGE Karaha Area
4 April | March 2024 Tim Penyusun Dokumen Kinerja Ekselen (DKE) PGE
PGE Excellent Performance Document (DKE) Preparation Team
1 April 2024 Tim Pengelolaan Sistem Tata Kerja (STK)
Work System (STK) Management Team
30 April 2024 Tim Penyusun Corporate Charter PGE
PGE Corporate Charter Preparation Team
8 Mei | May 2024 Tim Seleksi Mitra Strategis Pengusulan Kerja Sama Bisnis
Strategic Partner Selection Team for Business Cooperation Proposals
13 Mei | May 2024 Tim Peningkatan Penggunaan Produk Dalam Negeri (P3DN) di Lingkungan PGE
Domestic Product Utilization Enhancement (P3DN) Team for PGE Workplace
15 Mei | May 2024 Tim Persiapan RUPST PGE Tahun Buku 2023
PGE AGMS Preparation Team for 2023 Financial Year
1 Juli | July 2025 Tim Pengadaan Lahan PGE
PGE Land Acquisition Team
10 Juli | July 2024 Kepala Keamanan Informasi PGE
Head of Information Security of PGE
10 Juli | July 2024 Penugasan di luar Sasaran Kerja di PT Cahaya Anagata Energy
Assignment Outside Work Targets at PT Cahaya Anagata Energy
17 Juli | July 2024 Tim Pengembangan Geothermal Business Intelligence & Integrated Operation Center
(G-Bionic) PGE
Development Team for PGE Geothermal Business Intelligence & Integrated Operation Center
(G-Bionic)
31 Juli | July 2024 Tim Kerja Ekspansi Pengembangan Bisnis Anorganik
Inorganic Business Development Expansion Work Team
354 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 355
Tanggal Perihal
Date Subject
9 Agustus | August 2024 Tugas Belajar Luar Negeri Pekerja: Master of Business Administration Melbourne Business
School, The University of Melbourne, Australia
Learning Assignment Abroad for Employees Master of Business Administration Melbourne
Business School, The University of Melbourne, Australia
9 Agustus | August 2024 Tugas Belajar Luar Negeri Pekerja: Master of Science in Earth Sciences University of Geneva,
Switzerland
Learning Assignment Abroad for Employees: Master of Science in Earth Sciences University of
Geneva, Switzerland
27 Agustus | August 2024 Pembentukan Security Operation Center (SOC) Team PGE
Establishment of PGE Security Operation Center (SOC) Team
30 Agustus | August 2024 Pembentukan Tim Project Readiness Review (PRR) Construction Proyek EPCC Lumut Balai Unit
2
Establishment of Project Readiness Review (PRR) Team for Lumut Balai Unit 2 EPCC Project
Construction
14 Oktober | October 2024 Panitia Rangkaian Kegiatan HUT PGE Ke-18
Committee for PGE’s 18th Anniversary Events
17 Oktober | October 2024 Tim Eksekusi Proyek Ulubelu Extension (Gunung Tiga) PGE
PGE Ulubelu Extension (Gunung Tiga) Project Execution Team
22 Oktober | October 2024 Tugas Belajar Luar Negeri Pekerja: Master of Hydrogeology University of Western Australia
Learning Assignment Abroad for Employees Master of Hydrogeology, University of Western
Australia
5 Oktober | October 2024 Mentor Bimbingan Profesi Sarjana (BPS) Subholding Power & New Renewable Energy
(PNRE) PGE Tahun 2024 - 2025
Undergraduate Professional Guidance (BPS) Mentor for 2024 - 2025 PGE Subholding Power
& New Renewable Energy (PNRE)
1 November 2024 Tim Tender, Tim Registrasi, Komite Sanksi dan Procurement Committee PGE
PGE Tender Team, Registration Team, Sanction Committee, and Procurement Committee
29 November 2024 Pengurus Badan Koordinasi Umat Kristen (BAKORUMKRIS) di Lingkungan PGE Periode 1
Desember 2024 - 31 Desember 2026
Members of the Christian Community Coordination Body (BAKORUMKRIS) in PGE Workplace
for the Term of 1 December 2024 - 31 December 2026
23 Desember | December 2024 Tim Penentuan Skema Optimasi Harga Jual Ekses Uap dan Listrik PGE
PGE Determination Team for Excess Steam and Electricity Selling Price Optimization Scheme
27 Desember | December 2024 Tim Unit Pengendalian Gratifikasi (UPG)
Gratuity Control Unit Team
2024 Annual Report PT Pertamina Geothermal Energy Tbk 355
Page 356
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Masa Jabatan Direksi Term of Office of the Board of
Directors
Sesuai ketentuan Anggaran Dasar, masa jabatan Based on the Articles of Association, the term of office
anggota Direksi PGE ditetapkan selama tiga tahun dan for members of PGE’s Board of Directors is set at three
dapat diperpanjang untuk satu periode. Anggota years and may be reappointed for one term of office.
Direksi dapat diberhentikan sewaktu-waktu oleh Members of the Board of Directors may be dismissed at
keputusan RUPS, dengan menyertakan alasan yang any time by GMS resolutions by disclosing the grounds.
jelas.
Kebijakan dan Pelaksanaan Rapat Policies and Implementation of
Direksi Board of Directors’ Meeting
Kebijakan penyelenggaraan rapat Direksi diatur dalam The organization of Board meetings is governed by the
Anggaran Dasar dan ketentuan POJK No. 33/ Articles of Association and the provisions of the
POJK.04/2014 tentang Dewan Komisaris dan Direksi Financial Services Authority (OJK) Regulation No. 33/
Emiten atau Perusahaan Publik. Rapat Direksi dapat POJK.04/2014 on the Board of Commissioners and
diselenggarakan setiap waktu apabila dipandang Board of Directors of Issuers or Public Companies. The
perlu berdasarkan permintaan seorang atau lebih Board of Directors’ meetings may be convened at any
anggota Direksi, permintaan tertulis Dewan Komisaris time if deemed necessary at the request of one or more
atau permintaan tertulis dari pemegang saham yang Board members, a written request from the Board of
memiliki jumlah saham terbesar dengan menyebutkan Commissioners, or a written request from the ultimate
hal-hal yang akan dibicarakan. shareholders, specifying the matters to be discussed.
Pada pelaksanaannya, Direksi PGE mengadakan rapat In practice, PGE’s Board of Directors holds meetings at
minimal satu bulan sekali untuk membahas mengenai least once a month to discuss strategic, operational,
hal-hal strategis, operasional dan perihal yang masih and conceptual matters. The notice of a Board meeting
bersifat wacana. Pemanggilan rapat Direksi is provided in writing to each Board member no later
disampaikan secara tertulis kepada setiap anggota than three days prior to the meeting. Meetings take
Direksi dalam jangka waktu paling lambat tiga hari place at the Company's head office, business operation
sebelum rapat diadakan. Rapat Direksi diadakan di sites, or other locations within the Republic of Indonesia
tempat kedudukan Perseroan atau di tempat kegiatan as determined by the Board of Directors.
usaha Perseroan, atau di tempat lain di wilayah
Republik Indonesia yang ditetapkan oleh Direksi.
Rapat Direksi juga dapat dilakukan secara virtual The Board of Directors’ meetings may also be conducted
dengan menggunakan sarana telepon konferensi atau virtually using teleconference or other similar
sistem komunikasi lain sejenis di mana para anggota communication systems that allow participating
Direksi yang berpartisipasi dalam rapat tersebut dapat members to interact. Such participation is considered
saling berkomunikasi. Bentuk partisipasi tersebut equivalent to in-person attendance at the meeting.
dianggap kehadiran secara langsung dalam rapat.
Rapat Direksi adalah sah dan berhak mengambil A Board Meeting is considered valid and authorized to
keputusan yang mengikat apabila dihadiri oleh lebih make binding decisions if attended by more than half
dari setengah atau ½ (satu per dua) jumlah anggota (½) of the total number of Directors or their duly
Direksi atau wakilnya yang sah. Dalam mata acara authorized representatives. For agenda items
lain-lain, rapat Direksi tidak berhak mengambil categorized as "Other Matters," the Board is not
keputusan kecuali semua anggota Direksi atau wakilnya authorized to make decisions unless all members or
yang sah hadir dan menyetujui penambahan mata their authorized representatives are present and
acara rapat. unanimously approve the addition of such agenda
items.
Semua keputusan dalam rapat Direksi diambil dengan All decisions in the Board of Directors’ meetings are
musyawarah untuk mufakat. Apabila pengambilan made through amicable deliberation to reach a
keputusan secara mufakat tidak dapat dilaksanakan, consensus. If consensus cannot be achieved, decisions
maka keputusan diambil dengan suara terbanyak. are made by majority vote. In the event of a tie, the
356 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 357
Apabila jumlah suara yang setuju dan yang tidak setuju Chair of the Meeting holds the deciding vote while
sama banyaknya, maka Pimpinan Rapat yang adhering to the provisions regarding the Board’s
menentukan dengan tetap memperhatikan ketentuan responsibilities as stipulated in the Company's Articles
mengenai pertanggungjawaban Direksi sebagaimana of Association.
diatur dalam Anggaran Dasar Perseroan.
Pemungutan suara mengenai diri orang dilakukan Voting on individual appointments is conducted via
dengan surat suara tertutup tanpa tanda tangan closed, unsigned ballots, whereas voting on other
sedangkan pemungutan suara mengenai hal-hal lain matters is conducted orally unless the Chair decides
dilakukan secara lisan, kecuali Pimpinan Rapat otherwise without objection from attendees. Throughout
menentukan lain tanpa ada keberatan dari yang hadir. 2024, the Board of Directors held a total of 52
Sepanjang tahun 2024 Direksi telah mengadakan meetings, detailed as follows:
rapat sebanyak 52 kali dengan perincian sebagai
berikut:
Agenda, Tanggal, dan Peserta Rapat Direksi
Agenda, Date, and Participants of Board Meetings
Peserta Rapat
Tanggal Agenda Meeting Participants
Date Agendas
JH AY RH3 NA1 YR2 ES4
10 Januari | January 2024 Implementasi MESOP Tahun 2024 - -
The 2024 MESOP Implementation
16 Januari | January 2024 Contract Amendment 1 EPCC Proyek Lumut Balai
Unit 2 - -
Contract Amendment 1 EPCC Lumut Balai Unit 2
Project
22 Januari | January 2024 Pengajuan Perubahan Rencana Pengeboran Sumur
Make-up Geothermal 2023-2024 di Area Karaha
Bodas dan Ulubelu - -
Proposal for Amendments to the 2023-2024
Geothermal Make-up Well Drilling Plan in the
Karaha Bodas and Ulubelu Areas
24 Januari | January 2024 Persetujuan Skema Pendanaan/Pembiayaan untuk
Tahapan Exercise Hak Opsi MESOP tahun 2024 - -
Approval of the Funding/Financing Scheme for the
2024 MESOP Option Rights Exercise Stage
26 Januari | January 2024 Pembayaran Insentif Pekerja II Tahun 2024
Payment of Employee Incentives for the Second - -
Period of 2024
29 Januari | January 2024 Remunerasi Direksi dan Dewan Komisaris PT
Geothermal Energy Seulawah yang ditunjuk oleh
PGE - -
Remuneration for the Board of Directors and Board
of Commissioners of PT Geothermal Energy
Seulawah Appointed by PGE
29 Januari | January 2024 Rapat Komite Manajemen Risiko TW IV 2023 - -
Q4 2023 Risk Management Committee Meeting
7 Februari | February 2024 Penerbitan dan Pendistribusian MESOP Tahap II
tahun 2024 - -
Publication and Distribution of MESOP Phase II
2024
13 Februari | February 2024 Negosiasi Harga Kredit Karbon -
-
Carbon Credits Price Negotiation
1 Maret | March 2024 Penunjukan Direktur Keuangan sebagai
Koordinator Penerapan dan Pemantauan GCG -
-
Appointment of Finance Director as Coordinator for
GCG Implementation and Monitoring
2024 Annual Report PT Pertamina Geothermal Energy Tbk 357
Page 358
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Agenda, Tanggal, dan Peserta Rapat Direksi
Agenda, Date, and Participants of Board Meetings
Peserta Rapat
Tanggal Agenda Meeting Participants
Date Agendas
JH AY RH3 NA1 YR2 ES4
14 Maret | March 2024 Pemberian Penghargaan/ Apresiasi Kepada
Pekerja yang Berkontribusi Terhadap Pencapaian
IPO dan PROPER Tahun 2023 - -
Employee Recognition for Contributions to IPO and
PROPER 2023 Achievements
15 Maret |March 2024 Pembayaran Tunjangan Hari Raya Keagamaan
Tahun 2024 - -
Religious Holiday Allowance Payment 2024
15 Maret |March 2024 Contract Amendment 2 EPCC Proyek Lumut Balai
Unit 2 - -
Contract Amendment 2 for EPCC Lumut Balai Unit
2 Project
21 Maret | March 2024 Pengajuan Perubahan Rencana Program
Pengeboran Sumur Make-up Geothermal 2023-
2024 di Area Ulubelu - -
Proposal for Revision of the 2023-2024 Geothermal
Make-up Well Drilling Program in Ulubelu Area
3 Mei | May 2024 Rapat Komite Manajemen Risiko triwulan I 2024 - -
Q1 2024 Risk Management Committee Meeting
20 Mei | May 2024 Rapat umum Pemegang Saham Tahunan 2023 - -
2023 Annual General Meeting of Shareholders
24 Mei | May 2024 Pembayaran Insentif Final Tahun 2023 - -
Final Incentive Payment for 2023
29 Mei | May 2024 Project Ekspansi Bisnis Anorganik - -
Inorganic Business Expansion Project
20 Juni | June 2024 Rencana Penggunaan Anggaran untuk Pekerjaan
Long Term Flow Testing Lapangan Bukit Daun - -
Budget Plan for Long-Term Flow Testing at Bukit
Daun Field
21 Juni | June 2024 Usulan Penanganan Longsor Area Ulubelu 2024 - -
Landslide Mitigation Proposal for Ulubelu 2024
24 Juni | June 2024 Penunjukan PT Elnusa Tbk, PT Pertamina
Maintenance & Construction dan PT PGN Solution
sebagai Mitra Strategis untuk MOU Joint Study
Project Synergy - -
Appointment of PT Elnusa Tbk, PT Pertamina
Maintenance & Construction, and PT PGN Solution
as Strategic Partners for MOU Joint Study Project
Synergy
15 Juli | July 2024 Rapat Komite Manajemen Risiko triwulan II 2024 - -
Q2 2024 Risk Management Committee Meeting
19 Juli | July 2024 Usulan Pemberlakuan Skema Pendanaan Pada
Window Exercise program MESOP PGE Batch
Agustus 2024 - -
Proposal for Funding Scheme Implementation in
MESOP PGE Batch August 2024 Window Exercise
Program
22 Juli | July 2024 Pembayaran Bonus Pekerja Direct Hire PGE tahun
buku 2023 - -
Direct Hire Employee Bonus Payment for Financial
Year 2023
5 Agustus | August 2024 Proyek ekspansi bisnis anorganik - -
Inorganic Business Expansion Project
14 Agustus | August 2024 Perbaikan Jalan Akses Simpang Imam ke Kantor
Area Lumut Balai - -
Access Road Repair from Simpang Imam to Lumut
Balai Area Office
358 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 359
Agenda, Tanggal, dan Peserta Rapat Direksi
Agenda, Date, and Participants of Board Meetings
Peserta Rapat
Tanggal Agenda Meeting Participants
Date Agendas
JH AY RH3 NA1 YR2 ES4
6 September 2024 Permanent Plug Abandon Sumur LHD-47 area
Lahendong - -
Permanent Plug Abandonment of Well LHD-47 in
Lahendong Area
13 September 2024 Persetujuan Consortium Agreement dan Penunjukan
PT PLN Indonesia Power sebagai Mitra Strategis
dalam Proyek Co-Generation - -
Approval of Consortium Agreement and
Appointment of PT PLN Indonesia Power as
Strategic Partner for the Co-Generation Project
13 September 2024 Persetujuan Joint Development Agreement dan
Penunjukan PT Elnusa Tbk dan PT Multifabrindo
Gemilang sebagai Mitra Strategis dalam Proyek
Heat Exchanger Manufacturer - -
Approval of Joint Development Agreement and
Appointment of PT Elnusa Tbk and PT Multifabrindo
Gemilang as Strategic Partners for the Heat
Exchanger Manufacturing Project
17 September 2024 Persetujuan Perjanjian Lisensi dan Pemanfaatan
Paten serta Penunjukan PT Sigma Cipta Utama
sebagai Mitra Strategis dalam Penelitian dan
Pengembangan Teknologi Pengukuran Laju Alir
Dua Fase (Two Phase Flow Meter) - -
Approval of Licensing and Patent Utilization
Agreement and Appointment of PT Sigma Cipta
Utama as Strategic Partner for Two-Phase Flow
Meter Technology Research and Developmentt
17 September 2024 Persetujuan Joint Development Agreement dan
Penunjukan PT PGAS Solution sebagai Mitra
Strategis dalam Proyek Geothermal Engineering,
Procurement & Construction and Pipeline
Construction - -
Approval of Joint Development Agreement and
Appointment of PT PGAS Solution as Strategic
Partner for Geothermal Engineering, Procurement
& Construction, and Pipeline Construction Project
17 September 2024 Persetujuan Joint Development Agreement dan
Penunjukan mitra strategis dalam Kerja Sama
untuk Pengembangan H2S Abatement pada Emisi
Non-Condensable Gases (NCG) di Pembangkit
Listrik Tenaga Panas Bumi (PLTP) dan CO2
Liquefaction - -
Approval of Joint Development Agreement and
Appointment of Strategic Partner for H2S
Abatement in Non-Condensable Gas (NCG)
Emissions at Geothermal Power Plants (PLTP) and
CO2 Liquefaction
17 September 2024 Persetujuan Joint Development Agreement dan
Penunjukan PT Pertamina Maintenance and
Construction sebagai mitra strategis dalam Kerja
Sama Bisnis Geothermal Operation & Maintenance
Service - -
Approval of Joint Development Agreement and
Appointment of PT Pertamina Maintenance and
Construction as Strategic Partner for Geothermal
Operation & Maintenance Service Business
27 September 2024 Tindak Lanjut Program Layanan Kesehatan bagi
Pekerja Purna Karya PGE - -
Follow-up on Healthcare Service Program for PGE
Retired Employees
30 September 2024 Proyek ekspansi bisnis anorganik - -
Inorganic Business Expansion Project
2024 Annual Report PT Pertamina Geothermal Energy Tbk 359
Page 360
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Agenda, Tanggal, dan Peserta Rapat Direksi
Agenda, Date, and Participants of Board Meetings
Peserta Rapat
Tanggal Agenda Meeting Participants
Date Agendas
JH AY RH3 NA1 YR2 ES4
02 Oktober | October 2024 Tindak Lanjut area Sibayak - -
Follow-up on Sibayak Area
04 Oktober | October 2024 Percepatan Eksplorasi Proyek LMB Ext-A (Bunbun)
Acceleration of LMB Ext-A (Bunbun) Exploration - -
Project
15 Oktober | October 2024 Penyesuaian Basic Salary Pekerja Tahun 2024 - -
Adjustment of Employee Basic Salary for 2024
16 Oktober | October 2024 Update Project Co-Generation - -
Co-Generation Project Update
4 November 2024 Percepatan Pengembangan Proyek Gunung Tiga - -
Acceleration of Gunung Tiga Project Development
4 November 2024 Percepatan Proyek Seulawah Agam - -
Acceleration of Seulawah Agam Project
4 November 2024 Risiko Impairment proyek - -
Project Impairment Risk
25 November 2024 Rapat Komite Manajemen Risiko triwulan III 2024 - -
Q3 2024 Risk Management Committee Meeting
2 Desember | December 2024 Tenaga Alih Daya (TAD) PGE Tahun 2024 - -
Outsourced Workforce (TAD) PGE 2024
25 November 2024 Rencana Pengembangan Kamojang dan Prospek
Masigit melalui Pemboran Sumur Make-up
Kamojang - -
Development Plan for Kamojang and Masigit
Prospects through Kamojang Make-up Well Drilling
2 Desember | December 2024 Transaksi Afiliasi Perdagangan Karbon Lahendong
Unit 5 & 6 antara PGE dengan PT Pertamina Power
Indonesia - -
Affiliate Transaction on Carbon Trading for
Lahendong Unit 5 & 6 between PGE and PT
Pertamina Power Indonesia
2 Desember | December 2024 Remunerasi PGE - -
PGE Remuneration
5 Desember | December 2024 Kajian dan Keputusan terkait keikutsertaan lelang
terbatas WKP Wapsalit di Provinsi Maluku - -
Study and Decision on Participation in the Limited
Tender for WKP Wapsalit in Maluku Province
5 Desember | December 2024 Kegiatan M&A - -
M&A Activities
31 Desember | December 2024 Progress Update Rencana Kerja Sama PGE dan
PLN IP untuk Proyek Co-Generation - -
Progress Update on PGE and PLN IP Cooperation
Plan for the Co-Generation Project
31 Desember | December 2024 Sustainability Committee Meeting Penetapan
Rencana Tindak Lanjut Environmental, Social &
Governance (ESG) Initiative Program 2025 - -
Sustainability Committee Meeting on Environmental,
Social & Governance (ESG) Initiative Program
2025 Action Plan
Keterangan | Notes:
JH: Julfi Hadi, AY: Ahmad Yani, RH: Rachmat Hidajat, NA: Nelwin Aldriansyah, YR: Yurizki Rio, ES: Edwil Suzandi
1
Tidak lagi menjabat sejak 12 Februari 2024 1
No longer serving since 12 February 2024
2
Mulai menjabat sejak 12 Februari 2024 2
Served from 12 February 2024
3
Tidak lagi menjabat sejak 28 Mei 2024 3
No longer serving since 28 May 2024
4
Mulai menjabat sejak 28 Mei 2024 4
Served from 28 May 2024
360 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Frekuensi & Kehadiran Rapat Direksi
Frequency & Attendance at Board of Directors’ Meeting
Jumlah Tingkat
Kehadiran
Nama Jabatan Pertemuan Kehadiran
Attendance
Name Position Number of Attendance
Meetings Rate
Julfi Hadi Direktur Utama
52 52 100%
President Director
Ahmad Yani Direktur Operasi
52 52 100%
Director of Operations
Rachmat Hidajat3 Direktur Eksplorasi dan
Pengembangan
52 17 100%
Director of Exploration and
Development
Edwil Suzandi4 Direktur Eksplorasi dan
Pengembangan
35 35 100%
Director of Exploration and
Development
Nelwin Aldriansyah1 Direktur Keuangan
Director of Finance 8 8 100%
Yurizki Rio2 Direktur Keuangan
44 44 100%
Director of Finance
Keterangan: Notes:
1
Tidak lagi menjabat sejak 12 Februari 2024 1
No longer serving since 12 February 2024
2
Mulai menjabat sejak 12 Februari 2024 2
Served from 12 February 2024
3
Tidak lagi menjabat sejak 28 Mei 2024 3
No longer serving since 28 May 2024
4
Mulai menjabat sejak 28 Mei 2024 4
Served from 28 May 2024
Perjalanan Dinas Business Trips
Sepanjang tahun 2024, Direksi Perseroan melakukan Throughout 2024, the Company's Board of Directors
perjalanan dinas untuk mendukung pengelolaan conducted business trips to support the Company's
Perseroan sebagai berikut: management as follows:
Kota/
Jenis Negara
Tanggal Perihal
No Perjalanan Tujuan
Date Purpose
Type of Travel Destination
City/Country
Julfi Hadi
1 4 - 8 Januari I January 2024 Perjalanan Dinas Manado BOD Retreat 2024 (Moving Towards 1 GW)
Dalam Negeri
(PDDN)
Domestic Business
Trip
2 25 - 28 Januari I January 2024 PDDN Bali Pertamina New & Renewable Energy (PNRE) Executive Retreat
Domestic Business 2024
Trip
3 31 Januari - 4 Februari 2024 Perjalanan Dinas Turkiye Non Binding Offer Submission untuk Proyek Ekspansi Bisnis
31 January - 4 February 2024 Luar Negeri Türkiye Anorganik
(PDLN) Non-Binding Offer Submission for Inorganic Business Expansion
Overseas Business Project
Trip
4 17 - 18 Februari I February 2024 PDDN Bandung Koordinasi BOD Pertamina New & Renewable Energy (PNRE)
Domestic Business Coordination Meeting of Pertamina New & Renewable Energy
Trip (PNRE) Board of Directors
2024 Annual Report PT Pertamina Geothermal Energy Tbk 361
Page 362
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Kota/
Jenis Negara
Tanggal Perihal
No Perjalanan Tujuan
Date Purpose
Type of Travel Destination
City/Country
5 20 - 21 Februari I February 2024 PDDN Yogyakarta Undangan Guru Besar Universitas Gadjah Mada (UGM)
Domestic Business Invitation from Professor at Universitas Gadjah Mada (UGM)
Trip
6 21 - 22 Februari I February 2024 PDDN Bali Rapat Evaluasi 2023 dan Strategi Produksi PGE
Domestic Business 2023 Evaluation Meeting and PGE Production Strategy
Trip
7 22 - 25 Februari I February 2024 PDDN Bali Penandatanganan Kerja Sama PGE dan PT PLN Indonesia
Domestic Business Power
Trip Signing of Cooperation Agreement between PGE and PT PLN
Indonesia Power
8 27 – 29 Februari I February 2024 PDDN Lombok Workshop Evaluasi Kinerja Health, Safety, Security and
Domestic Business Environment (HSSE) 2023
Trip 2023 Health, Safety, Security, and Environment (HSSE)
Performance Evaluation Workshop
9 5 – 8 Maret I March 2024 PDLN Kenya Diskusi Investasi Proyek Pengembangan Lapangan Suswa di
Overseas Business Kenya
Trip Investment Discussion on Suswa Field Development Project in
Kenya
10 23 - 26 Maret I March 2024 PDDN Bandung Rapat Koordinasi Direktur Eksplorasi dan Pengembangan;
Domestic Business Management Walkthrough (MWT) Area Kamojang
Trip Coordination Meeting of the Director of Exploration and
Development; Management Walkthrough (MWT) at Kamojang
Area
11 17 - 18 April 2024 PDDN Yogyakarta Pembahasan Lanjutan Pengembangan Proyek Co-generation
Domestic Business Follow-up Discussion on Co-Generation Project Development
Trip
12 20 - 26 April 2024 PDLN Amerika Serikat Tindak Lanjut Kemitraan Pengembangan Bisnis PGE
Overseas Business USA Follow-up on PGE Business Development Partnership
Trip
13 15 - 19 Mei I May 2024 PDDN Batam Rapat Gabungan Dewan Komisaris dan Direksi dan Undangan
Domestic Business Program Pengembangan Kompetensi BOC & BOD PGE
Trip Joint Meeting of the Board of Commissioners and Board of
Directors and Invitation to BOC & BOD PGE Competency
Development Program
14 21 - 22 Mei I May 2024 PDDN Medan Pertamina New & Renewable Energy (PNRE) University
Domestic Business Outreach & Engagement (UOE) Universitas Sumatera Utara
Trip (USU)
Pertamina New & Renewable Energy (PNRE) University Outreach
& Engagement (UOE) at Universitas Sumatera Utara (USU)
15 3 - 6 Juni I June 2024 PDLN Kenya Pendampingan Wakil Menteri Luar Negeri
Overseas Business Assisting the Vice Minister for Foreign Affairs
Trip
16 6 - 9 Juni I June 2024 PDLN Inggris PGE Non Deal Roadshow (NDR)
Overseas Business United KIngdom
Trip
17 21 - 23 Juni I June 2024 PDDN Yogyakarta Pembahasan Proyek Pembangkit Listrik Tenaga Panas Bumi
Domestic Business (PLTP) Co-Generation dengan PLN
Trip Discussion on Geothermal Power Plant (PLTP) Co-Generation
Project with PLN
18 25 - 27 Juli I July 2024 PDDN Lampung Pelaksanaan Kunjungan Kerja Dewan Komisaris PGE ke Area
Domestic Business Ulubelu
Trip The Board of PGE Commissioners’ Working Visit to the Ulubelu
Area
19 27 - 28 Juni I July 2024 PDDN Solo Undangan Anugerah Social Responsibility Person of The Year
Domestic Business Invitation to the Social Responsibility Person of The Year Award
Trip
362 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 363
Kota/
Jenis Negara
Tanggal Perihal
No Perjalanan Tujuan
Date Purpose
Type of Travel Destination
City/Country
20 7 - 11 Agustus I August 2024 PDDN Bali Rapat Evaluasi Kinerja Semester 1 Subholding PNRE Tahun
Domestic Business 2024
Trip H1 2024 Performance Evaluation Meeting of PNRE Subholding
21 13 - 14 Agustus I August 2024 PDDN Bandung BOD Retreat PGE Tahun 2024
Domestic Business PGE Board of Directors Retreat 2024
Trip
22 30 Agustus – 4 September 2024 PDDN Bali Menghadiri Undangan The 11th Indonesia International
30 August - 4 September 2024 Domestic Business Geothermal Convention & Exhibition (IGGCE) 2024 dan
Trip Undangan International Accreditation Forum (IAF)
Attending invitation to the 11th Indonesia International
Geothermal Convention & Exhibition (IIGCE) 2024 and the
International Accreditation Forum (IAF)
23 25 - 26 September 2024 PDLN Qatar Penandatanganan Memorandum of Understanding (MOU)
Overseas Business pengembangan bisnis panas bumi
Trip Signing of Memorandum of Understanding (MoU) for
Geothermal Business Development
24 26 - 30 September 2024 PDLN Perancis Indonesia - France Business Forum
Overseas Business France
Trip
25 5- 7 Oktober I October2024 PDLN Yogyakarta Undangan Musyawarah Nasional Serikat Pekerja Pertamina
Overseas Business Geothermal Energy (SPPGE) 2024
Trip Invitation to the 2024 National Congress of the Pertamina
Geothermal Energy Employees' Union (SPPGE)
26 29 Oktober - 1 November 2024 PDDN Labuhan Bajo Undangan Rapat Gabungan Dewan Komisaris dan Direksi
29 October - 1 November 2024 Domestic Business dengan Agenda Kinerja September 2024
Trip Invitation to the Joint Meeting of the Board of Commissioners
and Board of Directors on September 2024 Performance
Agenda
27 9 - 14 November 2024 PDLN Azerbaijan Menghadiri Undangan dan Menjadi Pembicara Pada Acara
Overseas Business 29th United Nations Climate Change Conference (COP 29)
Trip Attending and Being a Speaker at the 29th United Nations
Climate Change Conference (COP 29)
28 15 - 23 November 2024 PDLN Selandia Baru Keynote Speaker The 46th New Zealand Geothermal Workshop
Overseas Business New Zealand (NZGW)
Trip Being a Keynote Speaker at the 46th New Zealand Geothermal
Workshop (NZGW)
29 27 – 30 November 2024 PDDN Palembang Management Walkthrough (MWT) ke Area Lumut Balai
Domestic Business Management Walkthrough (MWT) at Lumut Balai Area
Trip
30 8 – 9 Desember I December 2024 PDDN Manado Kunjungan Kerja Reses Komisi XII Dewan Perwakilan Rakyat RI
Domestic Business Working Visit of Commission XII of the Indonesian House of
Trip Representatives (DPR RI)
31 16 – 18 Desember I December 2024 PDDN Manado Kunjungan Kerja Reses Komisi XII Dewan Perwakilan Rakyat RI
Domestic Business Working Visit of Commission XII of the Indonesian House of
Trip Representatives (DPR RI)
2024 Annual Report PT Pertamina Geothermal Energy Tbk 363
Page 364
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Kota/
Jenis Negara
Tanggal Perihal
No Perjalanan Tujuan
Date Purpose
Type of Travel Destination
City/Country
Edwil Suzandi1
1 10 - 12 Juni | June 2024 PDDN Palembang Kunjungan Lapangan dan Diskusi Perkembangan Pemanfaatan
Domestic Business Pinjaman Kepada Pembangkit Listrik Tenaga Panas Bumi (PLTP)
Trip Lumut Balai
Field Visit and Discussion on Loan Utilization Progress for Lumut
Balai Geothermal Power Plant
2 19 - 23 Juni | June 2024 PDDN Pekanbaru Upstream Business Week 2023
Domestic Business
Trip
3 2 - 4 Agustus | August 2024 PDDN Pekanbaru Kegiatan Engagement PNRE dan Pertamina Hulu Rokan
Domestic Business PNRE and Pertamina Hulu Rokan Engagement Activities
Trip
4 7 - 10 Agustus | August 2024 PDDN Bali Rapat Evaluasi Kinerja Semester 1 Sub Holding PNRE Tahun
Domestic Business 2024
Trip Half 1 2024 Performance Evaluation Meeting of PNRE
Subholding
5 13 - 14 Agustus | August 2024 PDDN Bandung BOD Retreat PGE Tahun 2024
Domestic Business PGE Board of Directors Retreat 2024
Trip
6 15 - 23 Agustus | August 2024 PDLN Izmir & Milan Workshop dan Site Visit pengembangan teknologi binary pada
Overseas Business industri panas bumi
Trip Workshop and Site Visit on Binary Technology Development in
the Geothermal Industry
7 4 - 7 September 2024 PDLN Izmir Site Visit Proyek pengembangan bisnis anorganik
Overseas Business Site Visit to Inorganic Business Expansion Project
Trip
8 10 - 11 Oktober | October 2024 PDDN Medan Kunjungan Direksi ke Area Sibayak
Domestic Business Board of Directors Visit to Sibayak Area
Trip
9 30 Oktober - 2 November 2024 PDDN Labuan Bajo Rapat Gabungan Dewan Komisaris dan Direksi dengan Agenda
30 October - 2 November 2024 Domestic Business Kinerja September 2024
Trip Joint Meeting of the Board of Commissioners and Board of
Directors on September 2024 Performance Agenda
10 22 - 23 November 2024 PDDN Surabaya Sharing Session Procurement Engineering, Procurement,
Domestic Business Construction, and Commissioning (EPCC) Area Lumut Balai Unit
Trip 1&2
Sharing Session on Procurement for Engineering, Procurement,
Construction, and Commissioning (EPCC) at Lumut Balai Unit 1
&2
11 29 November - 1 Desember 2024 PDDN Solo Undangan Narasumber Kementerian Pendidikan, Kebudayaan
29 November - 1 December 2024 Domestic Business Riset dan Teknologi
Trip Invitation as Speaker from the Ministry of Education, Culture,
Research, and Technology
12 8 - 12 Desember | December 2024 PDDN Padang & Annual Reservoir Monitoring Meeting Tahun 2024 & Rapat
Domestic Business Banda Aceh Tindak Lanjut Project Geotermal pada Wilayah Kerja Panas
Trip Bumi (WKP) Seulawah Agam
2024 Annual Reservoir Monitoring Meeting & Follow-Up
Meeting on Geothermal Projects in the Seulawah Agam
Geothermal Working Area
13 16 - 17 Desember | December 2024 PDDN Lampung Kick Off Meeting Project Eksplorasi Gunung Tiga
Domestic Business Kick-Off Meeting for Gunung Tiga Exploration Project
Trip
364 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Kota/
Jenis Negara
Tanggal Perihal
No Perjalanan Tujuan
Date Purpose
Type of Travel Destination
City/Country
Ahmad Yani
1 4 - 8 Januari I January 2024 PDDN Manado BOD Retreat 2024 (Moving Towards 1 GW)
Domestic Business BOD Retreat 2024 (Moving Towards 1 GW)
Trip
2 25 - 27 Januari I January 2024 PDDN Bali Kegiatan PNRE Retreat 2024
Domestic Business PNRE Retreat 2024 Activities
Trip
3 19 - 23 Februari I February 2024 PDDN Tanjung Pinang Rapat Evaluasi Kinerja 2023 dan Strategi 2024 Direktorat
Domestic Business Operasi PGE
Trip 2023 Performance Evaluation and 2024 Strategy Meeting for
PGE Operations Directorate
4 3 - 5 Maret I March 2024 PDDN Bengkulu Management Walkthrough (MWT) dengan Komisaris Utama
Domestic Business PGE ke Proyek Hululais dan Bukit Daun
Trip Management Walkthrough (MWT) with PGE President
Commissioner to Hululais and Bukit Daun Projects
5 7 - 10 Maret I March 2024 PDDN Medan Management Walkthrough (MWT) ke Area Sibayak dan Rakor
Domestic Business Operasi dan Project PNRE
Trip Management Walkthrough (MWT) to Sibayak Area and PNRE
Operations & Project Coordination Meeting
6 1 - 3 April 2024 PDDN Palembang Safari Ramadhan dan Management Walkthrough (MWT) ke
Domestic Business Area Lumut Balai
Trip Ramadan Safari and Management Walkthrough (MWT) to
Lumut Balai Area
7 25 - 27 April 2024 PDDN Palembang PNRE Goes To Campus
Domestic Business
Trip
8 15 - 19 Mei I May 2024 PDDN Batam BOC BOD Meeting Kinerja April 2024 dan Undangan Program
Domestic Business Pengembangan Kompetensi Dewan Komisaris dan Direksi PGE
Trip BOC-BOD Meeting on April 2024 Performance and Invitation to
PGE Board of Commissioners and Directors Competency
Development Program
9 4 - 5 Juni I June 2024 PDDN Bandung Kunjungan SINOPEC ke Area Kamojang
Domestic Business SINOPEC Visit to Kamojang Area
Trip
10 6 - 8 Juni I June 2024 PDDN Manado PNRE Goes to Campus dan Management Walkthrough (MWT)
Domestic Business ke Area Lahendong
Trip PNRE Goes to Campus and Management Walkthrough (MWT)
to Lahendong Area
11 20 - 23 Juni I June 2024 PDDN Manado Investor Day PT Pertamina (Persero)
Domestic Business
Trip
12 2 - 6 Juli I July 2024 PDLN London Sustainability Awards 2024
Overseas Business
Trip
13 25 - 27 Juli I July 2024 PDDN Lampung Management Walkthrough (MWT) Dewan Komisaris PGE
Domestic Business Management Walkthrough (MWT) of PGE Board of
Trip Commissioners
14 7 - 11 Agustus I August 2024 PDDN Manado Rapat Koordinasi Mid-Year Subholding PNRE
Domestic Business Mid-Year Coordination Meeting of PNRE Subholding
Trip
2024 Annual Report PT Pertamina Geothermal Energy Tbk 365
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Kota/
Jenis Negara
Tanggal Perihal
No Perjalanan Tujuan
Date Purpose
Type of Travel Destination
City/Country
15 12 - 14 Agustus I August 2024 PDDN Bandung BOD Retreat PGE
Domestic Business PGE Board of Directors Retreat
Trip
17 23 - 25 September 2024 PDDN Manado Pembicara dalam North Sulawesi Energy and Economic Forum
Domestic Business (NSEEF) 2024
Trip Being a Speaker at North Sulawesi Energy and Economic Forum
(NSEEF) 2024
18 26 - 27 September 2024 PDDN Bandung Management Walkthrough (MWT) Dewan Komisaris PGE ke
Domestic Business Area Kamojang - Karaha
Trip Management Walkthrough (MWT) of PGE Board of
Commissioners to Kamojang - Karaha Area
19 29 September - 3 Oktober 2024 PDLN London Reuters Sustainability Awards 2024 "Net Zero: Operations
29 September - 3 October 2024 Overseas Business Transformation Award"
Trip
20 29 Oktober - 2 November 2024 PDDN Labuan Bajo BOC - BOD PGE Meeting
29 October - 2 November 2024 Domestic Business
Trip
22 29 November - 2 Desember 2024 PDDN Tasikmalaya & Management Walkthrough (MWT) Area Karaha dan Pembicara
29 November - 2 December 2024 Domestic Business Pekanbaru Motivator Lustrum 8 Universitas Islam Riau
Trip Management Walkthrough (MWT) at Karaha Area and
Motivational Speaker at the 8th Lustrum of Universitas Islam Riau
23 5 - 7 Desember I December 2024 PDDN Magelang Undangan Agenda End-Year Meeting Direktorat Proyek &
Domestic Business Operasi Subholding PNRE Tahun 2024
Trip Invitation to the End-Year Meeting Agenda of the PNRE
Subholding Directorate of Projects & Operations 2024
24 16 - 19 Desember I December 2024 PDDN Palembang Management Walkthrough (MWT) Subholding PNRE Area
Domestic Business Lumut Balai
Trip Management Walkthrough (MWT) of PNRE Subholding at
Lumut Balai Area
Yurizki Rio2
1 23 Februari I February 2024 PDDN Karawang Management Walkthrough (MWT) Jawa Satu Power (JSP)
Domestic Business Pembangkit Listrik Tenaga Gas Uap (PLTGU) Cilamaya
Trip Management Walkthrough (MWT) at Jawa Satu Power (JSP)
Cilamaya Gas and Steam Power Plant
2 21 - 22 Maret I March 2025 PDDN Manado Safari Ramadhan Management Walkthrough (MWT) Area
Domestic Business Lahendong
Trip Ramadan Safari Management Walkthrough (MWT) at
Lahendong Area
3 27 - 28 Maret I March 2025 PDDN Bandar Safari Ramadhan dan Ramadhan Management Walkthrough
Domestic Business Lampung (MWT) Area Ulubelu
Trip Ramadan Safari and Ramadan Management Walkthrough
(MWT) at Ulubelu Area
4 1 April 2025 PDDN Karawang Safari Ramadhan dan Ramadhan Management Walkthrough
Domestic Business (MWT) Jawa Satu Power (JSP) Tahun 2024
Trip Ramadan Safari and Ramadan Management Walkthrough
(MWT) at Jawa Satu Power (JSP) 2024
5 16 - 17 Mei I May 2024 PDDN Batam Rapat Gabungan Dewan Komisaris dan Direksi & Undangan
Domestic Business Program Pengembangan Kompetensi BOC BOD PGE
Trip Joint Meeting of the Board of Commissioners and Board of
Directors & Invitation to BOC-BOD PGE Competency
Development Program
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Kota/
Jenis Negara
Tanggal Perihal
No Perjalanan Tujuan
Date Purpose
Type of Travel Destination
City/Country
6 4 - 9 Juni I June 2024 PDLN London Non Deal Roadshow (NDR) 2024
Overseas Business
Trip
7 20 - 22 I June 2024 PDDN Manado Kunjungan Direktorat Jenderal Perbendaharaan, Kementerian
Domestic Business Keuangan RI ke Area Lahendong & Kegiatan Pertamina Investor
Trip Day
Visit by the Directorate General of Treasury, Ministry of Finance
of the Republic of Indonesia, to Lahendong Area and Pertamina
Investor Day Event
8 24 - 27 Juni I June 2024 PDLN Hong Kong Undangan HSBC 8th Annual Asia Credit Conference
Overseas Business Invitation to HSBC 8th Annual Asia Credit Conference
Trip
9 7 - 10 Agustus I August 2024 PDDN Bali Rapat Evaluasi Kinerja Semester 1 Sub Holding PNRE Tahun
Domestic Business 2024
Trip Half 1 2024 Performance Evaluation Meeting of PNRE
Subholding
10 13 - 14 Agustus I August 2024 PDDN Bandung BOD Retreat PGE
Domestic Business PGE Board of Directors Retreat
Trip
11 12 - 16 November 2024 PDLN China CICC Annual Investment Strategy Conference 2024
Overseas Business CICC Annual Investment Strategy Conference 2024
Trip
12 21 - 22 November 2024 PDDN Yogyakarta Rapat Koordinasi Manajemen Risiko Subholding PNRE
Domestic Business Risk Management Coordination Meeting of PNRE Subholding
Trip
13 12 - 15 Desember I December 2024 PDDN Bali Undangan sebagai Pembicara di Indonesia Knowledge
Domestic Business Management Summit (IKMS)
Trip Invitation as Speaker at the Indonesia Knowledge Management
Summit (IKMS)
Rachmat Hidajat3
1 4 - 8 Januari I January 2024 PDDN Manado BOD Retreat 2024 (Moving Towards 1 GW)
Domestic Business
Trip
2 25 - 27 Januari I January 2024 PDDN Bali Executive Retreat Subholding PNRE 2024
Domestic Business Executive Retreat of PNRE Subholding 2024
Trip
3 31 Januari - 3 Februari 2024 PDLN Turkiye PGE Non Binding Offer Submission untuk Proyek Pengembangan
31 January - 3 February 2024 Overseas Business Türkiye Bisnis Anorganik PGE
Trip PGE Non-Binding Offer Submission for Inorganic Business
Development Project
4 22 - 24 Februari I February 2024 PDDN Bali Penandatanganan Joint Development Study Agreement (JDSA)
Domestic Business dan Kick Off Meeting dengan PT PLN IP
Trip Signing of Joint Development Study Agreement (JDSA) and Kick-
Off Meeting with PT PLN IP
2024 Annual Report PT Pertamina Geothermal Energy Tbk 367
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Kota/
Jenis Negara
Tanggal Perihal
No Perjalanan Tujuan
Date Purpose
Type of Travel Destination
City/Country
5 4 - 7 Februari I February 2024 PDLN Nairobi Tindak lanjut proyek ekspansi bisnis luar negeri
Overseas Business Follow-up on Overseas Business Expansion Project
Trip
6 4 April 2024 PDDN Tasikmalaya Safari Ramadhan Area Karaha
Domestic Business Ramadan Safari at Karaha Area
Trip
7 6 - 11 Mei I May 2024 PDLN Milan Final Acceptance Test (FAT)
Overseas Business
Trip
Nelwin Aldriansyah4
1 4 - 8 Januari I January 2024 PDDN Lahendong BOD Retreat 2024 (Moving Towards 1 GW)
Domestic Business
Trip
2 25 - 27 Januari I January 2024 PDDN Bali Executive Retreat Subholding PNRE 2024
Domestic Business Executive Retreat of PNRE Subholding 2024
Trip
Keterangan: Notes:
1
Tidak lagi menjabat sejak 12 Februari 2024 1
No longer serving since 12 February 2024
2
Mulai menjabat sejak 12 Februari 2024 2
Served from 12 February 2024
3
Tidak lagi menjabat sejak 28 Mei 2024 3
No longer serving since 28 May 2024
4
Mulai menjabat sejak 28 Mei 2024 4
Served from 28 May 2024
Pelatihan dan Pengembangan Competency Training and
Kompetensi Direksi Development for the Board of
Directors
Perseroan mendorong anggota Direksi untuk mengikuti The Company encourages members of the Board of
pelatihan dan pengembangan kompetensi, terutama Directors to participate in competency training and
untuk hal-hal yang bersifat strategis. Pelaksanaan development, especially in strategic matters. The
program pelatihan dan pengembangan kompetensi implementation of the competency training and
Direksi disiapkan oleh Fungsi Human Capital, Komite development program is prepared by the Human
Nominasi dan Remunerasi dan didukung Capital Function, the Nomination and Remuneration
pelaksanaannya oleh Fungsi Sekretaris Perusahaan. Committee, and its implementation is supported by the
Corporate Secretary Function.
Selain itu, anggota Direksi PGE juga aktif menjadi In addition, members of PGE’s Board of Directors are
pembicara dalam acara konferensi dan seminar yang also active in participating as speakers at conferences
selain bertujuan untuk memberikan informasi kepada and seminars, where they not only share information to
khalayak publik, juga agar dapat meningkatkan the general public but also improve their competency.
kompetensi Direktur yang bersangkutan. Informasi Information on competency training and development
pelatihan dan pengembangan kompetensi Direksi for the Board of Directors can be found in the Training
dapat dilihat pada sub bab Pelatihan Dewan Komisaris for the Board of Commissioners and the Board of
dan Direksi dalam Bab Profil Perusahaan. Directors subchapter in the Company Profile Chapter.
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Penilaian Kinerja Direksi Assessment of the Board of
Directors’ Performance
Penilaian Kinerja Direksi dilihat melalui pencapaian The performance of the Board of Directors is assessed
Indikator Kinerja Utama (Key Performance Indicator through the achievement of Key Performance Indicators
atau KPI) yang dievaluasi oleh Dewan Komisaris dan (KPIs), evaluated by the Board of Commissioners and
disampaikan kepada Pemegang Saham dalam RUPS. presented to the Shareholders at the GMS.
Prosedur Penilaian Kinerja Direksi Procedure for the Board of
Directors’ Performance Assessment
1. KPI yang merupakan penjabaran dari RKAP yang 1. The KPI, which is an elaboration of the Company’s
disahkan RUPS. Work Plan and Budget (RKAP), is approved by the
GMS.
2. Direksi melakukan penilaian mandiri atas kinerja 2. The Board of Directors conducts self-assessment of
masing-masing anggota Direksi dan Direksi the performance of each member of the Board and
sebagai unit kerja kolegial. the Board as a collegial work unit.
3. Dewan Komisaris mengevaluasi kinerja dan 3. The Board of Commissioners evaluates the
penilaian mandiri masing-masing anggota Direksi performance and self-assessment of each member
dan Direksi sebagai unit kerja kolegial. of the Board of Directors and the Board of Directors
4. Kinerja Direksi dilaporkan dalam Laporan Tugas as a collegial unit.
Pengawasan oleh Dewan Komisaris kepada RUPS. 4. The performance of the Board of Directors is
Penilaian kinerja Direksi juga dilakukan secara reported in the Supervisory Task Report by the
kolegial oleh Pemegang Saham dalam RUPS, Board of Commissioners to the GMS. The
berdasarkan kinerja perusahaan yang dituangkan performance of the Board of Directors is also
dalam persetujuan dan pengesahan Laporan assessed collegially by Shareholders at the GMS
Tahunan Perseroan oleh RUPS. based on the company performance reflected in
the approval and ratification of the
Kriteria Penilaian Kinerja Direksi Criteria for the Board of Directors’
Performance Assessment
Kriteria penilaian kinerja Direksi Perseroan antara lain Criteria for assessing the performance of the Company’s
mencakup pemahaman dan pencapaian kinerja dalam Board of Directors include understanding and
hal: achievement of performance in the following areas:
1. Financial 1. Financial
2. Internal Process 2. Internal Process
3. Customer Focus 3. Customer Focus
4. Learning and Growth 4. Learning and Growth
Pihak Yang Melakukan Penilaian Parties Conducting Performance
Kinerja Direksi Assessment of the Board of Directors
Penilaian kinerja Direksi dilakukan Dewan Komisaris The performance of the Board of Directors is assessed
dan pemegang saham dalam RUPS by the Board of Commissioners and shareholders at the
GMS.
Hasil Penilaian Kinerja Direksi Outcomes of the Board of Directors’
Performance Assessment
Pada 2024, Direksi telah melakukan pengelolaan In 2024, the Board of Directors managed the Company
Perseroan sesuai pedoman tata kelola Perusahaan in accordance with the Corporate governance manual,
yang mengacu kepada Anggaran Dasar dan Pedoman referring to the Articles of Association and Manual
No. A05-002-K20000-2022-S9 tentang Penilaian Number A05-002-K20000-2022-S9 on Performance
Kinerja Direksi, Dewan Komisaris, dan Komite Assessment of the Board of Directors, the Board of
Penunjang Dewan Komisaris di Subholding dan AP Commissioners, and Supporting Committees for the
Pertamina dengan hasil sebagai berikut: Board of Commissioners in Subholding and AP
Pertamina, with the following outcomes:
2024 Annual Report PT Pertamina Geothermal Energy Tbk 369
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Rata-rata
Realisasi
Nama Jabatan Score ABS Total Nilai
KPI Rating
Name Position Average Total Score
KPI Achievement
Score ABS
Julfi Hadi Direktur Utama
105,01% 4,77 100,21% High
President Director
Ahmad Yani Direktur Operasi
105,05% 4,16 94,125% High
Director of Operations
Edwil Suzandi Direktur Eksplorasi dan
Pengembangan
104,62% 3,96 91,91% High
Director of Exploration
and Development
Yurizki Rio Direktur Keuangan
Director of Finance 105,41% 4,53 98,05% High
Komite di Bawah Direksi Committee Under the Board of
Directors
Direksi membentuk satu komite di bawah Direksi yaitu The Board of Directors established a committee called
Komite Manajamen Risiko yang bertugas memantau, the Risk Management Committee, which is in charge of
mengevaluasi, dan memberikan arahan terkait monitoring, evaluating, and providing directions
pelaksanaan kebijakan Enterprise Risk Management. regarding the implementation of Enterprise Risk
Saat ini Komite Manajemen Risiko beranggotakan Management policies. Currently, the Risk Management
Direksi dan pekerja PGE, dengan penilaian kinerja Committee consists of PGE’s Board of Directors and
komite yang menyatu pada KPI Direksi dan pekerja employees, with its performance assessment integrated
PGE tersebut. into the KPI of PGE’s Board of Directors and Employees.
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PENGANGKATAN/NOMINASI DAN
PEMBERHENTIAN/PENGUNDURAN DIRI
DEWAN KOMISARIS DAN DIREKSI
APPOINTMENT/NOMINATION AND DISMISSAL/
RESIGNATION OF THE BOARD OF COMMISSIONERS AND
THE BOARD OF DIRECTORS
Kebijakan nominasi dan pemberhentian/pengunduran The nomination policy for members of the Board of
diri anggota Dewan Komisaris dan Direksi Perseroan Commissioners and the Board of Directors of the
mengacu pada: Company refers to:
1. Peraturan Menteri BUMN No.PER-03/ 1. Regulation of Minister of SOEs No. PER-03/
MBU/03/2023 tentang Organ dan Sumber Daya MBU/03/2023 on Organs and Human Resources
Manusia Badan Usaha Milik Negara. of State-Owned Enterprises.
2. Peraturan OJK No. 33/POJK.04/2014 tentang 2. Regulation of the Financial Services Authority
Direksi dan Dewan Komisaris Emiten atau (POJK) No. 33/POJK.04/2014 on the Board of
Perusahaan Publik. Directors and the Board of Commissioners of
Issuers or Public Companies.
Fungsi nominasi dan remunerasi PGE dijalankan oleh PGE’s nomination and remuneration functions are
Komite Nominasi dan Remunerasi yang dibentuk conducted by the Nomination and Remuneration
berdasarkan Surat Keputusan Dewan Komisaris No. Committee established based on Decree of the Board
025/Kpts/DK- PGE/2022-S0 tanggal 31 Oktober of Commissioners No. 025/Kpts/DK-PGE/2022-S0
2022. Sebelum adanya Komite Nominasi dan dated 31 October 2022. Prior to the establishment of
Remunerasi, fungsi nominasi dan remunerasi dijalankan the Nomination and Remuneration Committee, the
oleh Dewan Komisaris. nomination and remuneration functions were conducted
by the Board of Commissioners.
Calon Anggota Dewan Komisaris dan Direksi Perseroan Prospective members of the Company’s Board of
dapat berasal dari eksternal Perseroan. Selain itu, Commissioners and the Board of Directors may come
pencalonan anggota Dewan Komisaris dan Direksi from external sources. In addition, the nomination of
juga mempertimbangkan aspirasi dari Kementerian members of the Board of Commissioners and the Board
BUMN berdasarkan rekomendasi pemegang saham, of Directors takes into account the aspirations of the
sepanjang memenuhi ketentuan peraturan perundang- SOE Ministry based on the recommendations of
undangan. shareholders, so long as they comply with provisions of
laws and regulations.
Khusus untuk bakal calon anggota Direksi yang Prospective candidates of members of the Board of
dinyatakan lulus dalam tahapan seleksi administrasi, Directors who have passed the administrative selection
akan menjalani uji kelayakan dan kompetensi (UKK) stage will undergo a fit and proper test (UKK) as a
sebagai proses pengukuran kelayakan kepatutan process to measure their suitability and competence.
kompetensi. Calon Dewan Komisaris dan Direksi Candidates for the Board of Commissioners and the
kemudian akan diangkat dan ditetapkan melalui Board of Directors will be appointed and confirmed
keputusan RUPS. through a GMS resolution.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 371
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Prosedur Pengusulan Hingga Nomination Procedure and
Penetapan Dewan Komisaris dan Stipulation of the Board of
Direksi Commissioners and the Board of
Directors
PGE adalah afiliasi dari Badan Usaha Milik Negara PGE is an affiliate of State-Owned Enterprises (SOEs),
(BUMN), maka prosedur pengusulan hingga thus the nomination procedure and stipulation of the
penetapan Dewan Komisaris dan Direksi tunduk pada Board of Commissioners and the Board of Directors
peraturan Menteri BUMN No. 3/2023 tentang Organ comply with Regulation of Minister of SOEs No. 3 of
dan Sumber Daya Manusia BUMN. 2023 on Organs and Human Resources of SOEs.
Proses pengajuan calon, penjaringan, uji kelayakan The candidate nomination, selection, fit and proper test
(untuk Direksi), serta usulan pengangkatan ditetapkan (for the Board of Directors), and appointment proposal
oleh Komite Talenta BUMN melalui Keputusan processes are stipulated by the SEO Talent Committee
Sekretaris Kementerian BUMN. Selanjutnya through a Decree of Secretary of Ministry of SOEs.
pengangkatan dan penetapan diputuskan dalam Afterward, the appointment and stipulation will be
RUPS. decided at the GMS.
Daftar Nominasi Penjaringan Calon
Uji Kelayakan
Nomination List Candidate
Fit and Proper Test
Selection
Kewenangan Kementerian BUMN
Authority of SOE Ministry
Usulan
Pengangkatan
Appointment
Proposal
Penetapan dan
Pengangkatan
Stipulation and
Appointment
Kewenangan RUPS
Authority of the GMS
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Kriteria Persyaratan Dewan Requirement Criteria for the Board
Komisaris dan Direksi of Commissioners and the Board of
Directors
Calon anggota Dewan Komisaris dan Direksi PGE Candidates of members of PGE’s Board of
wajib memenuhi persyaratan sebagai berikut: Commissioners and the Board of Directors must meet
1. Syarat umum meliputi: the following requirements:
a. Mempunyai akhlak, moral, dan integritas 1. General requirements, covering:
yang baik. a. Having good character, morals, and integrity.
b. Cakap melakukan perbuatan hukum. b. Capable of performing legal actions.
c. Memiliki komitmen untuk mematuhi peraturan c. Having a commitment to complying with laws
perundang-undangan dan tata kelola and regulations and good corporate
perusahaan yang baik. governance.
d. Memiliki pengetahuan dan/atau keahlian di d. Having knowledge and/or expertise in fields
bidang yang dibutuhkan oleh Perseroan. needed by the Company.
e. Dalam lima tahun sebelum pengangkatan e. In the last five years prior to the appointment
dan selama menjabat: and during the term of office:
1) Tidak pernah dinyatakan pailit. 1) Have never been declared bankrupt.
2) Tidak pernah menjadi anggota Direksi 2) Have never been a member of the Board
dan/atau anggota Dewan Komisaris of Directors and/or a member of the
yang dinyatakan bersalah menyebabkan Board of Commissioners who was found
suatu perusahaan dinyatakan pailit. guilty of causing a company to be
declared bankrupt.
3) Tidak pernah dihukum karena melakukan 3) Have never been sentenced due to
tindak pidana yang merugikan keuangan committing a crime that is detrimental to
negara dan/ atau yang berkaitan dengan state finances and/or related to the
sektor keuangan. financial sector.
4) Tidak pernah menjadi anggota Direksi 4) Have never been a member of the Board
dan/atau Dewan Komisaris yang selama of Directors and/or the Board of
menjabat: Commissioners who during the term of
office:
• Pernah tidak menyelenggarakan • Has neglected to hold the GMS.
RUPS.
• Pertanggungjawaban sebagai • Has never provided accountability as
anggota Direksi dan/atau Dewan a member of the Board of Directors
Komisaris pernah tidak diterima oleh and/or the Board of Commissioners
RUPS atau tidak pernah memberikan to the GMS or whose accountability
pertanggungjawaban sebagai as a member of the Board of Directors
anggota Direksi dan/atau Dewan and/or the Board of Commissioners
Komisaris kepada RUPS. was rejected by the GMS.
• Pernah menyebabkan perusahaan • Has caused a company that obtained
yang memperoleh izin, Persetujuan, a license, approval, or registration
atau pendaftaran dari Otoritas Jasa from the Financial Services Authority
Keuangan (OJK) tidak memenuhi (OJK) to fail to fulfill its obligation to
kewajiban menyampaikan laporan submit the Annual Report and/or
Tahunan dan/atau laporan keuangan Financial Statement to the OJK.
kepada OJK.
2. Syarat khusus meliputi: 2. Specific requirements, including:
a. Memiliki pengalaman menangani korporasi a. Having experience in managing a corporation
sebagai senior management dan dapat as part of the senior management and the
memberikan rekomendasi serta solusi yang ability to provide recommendations and
dibutuhkan Perseroan. solutions required by the Company.
b. Menyediakan waktu yang cukup untuk b. Providing sufficient time to perform duties.
melaksanakan tugasnya.
c. Khusus untuk Komisaris Independen wajib c. Specifically for Independent Commissioners,
memenuhi persyaratan sebagai berikut: they are required to meet the following
requirements:
2024 Annual Report PT Pertamina Geothermal Energy Tbk 373
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
1) Bukan merupakan orang yang bekerja 1) Not a person who works or has the
atau mempunyai wewenang dan tanggung authority and responsibility to plan, lead,
jawab untuk merencanakan, memimpin, control, or supervise the activities of an
mengendalikan, atau mengawasi kegiatan Issuer or Public Company within the last
Emiten atau Perusahaan Publik tersebut six months, except for reappointment as
dalam waktu enam bulan terakhir, kecuali an Independent Commissioner of the
untuk pengangkatan kembali sebagai Issuer or Public Company in the following
Komisaris Independen Emiten atau period.
Perusahaan Publik pada periode
berikutnya.
2) Tidak mempunyai saham baik langsung 2) Not directly or indirectly owning any
maupun tidak langsung pada Emiten atau share in the Issuer or Public Company.
Perusahaan Publik tersebut.
3) Tidak mempunyai hubungan afiliasi 3) Not having any affiliation with the
dengan Perseroan, anggota Dewan Company, members of the Board of
Komisaris, anggota Direksi, atau Commissioners, members of the Board of
pemegang saham utama Perseroan. Directors, or ultimate shareholders of the
Company.
4) Tidak mempunyai hubungan usaha baik 4) Not directly or indirectly having any
langsung maupun tidak langsung yang business relations related to the business
berkaitan dengan kegiatan usaha Emiten activities of the Issuer or Public Company.
atau Perusahaan Publik tersebut.
d. Persyaratan sebagaimana dimaksud angka 3 d. Requirements as referred to in number 3 must
di atas wajib dipenuhi oleh Komisaris be fulfilled by the Independent Commissioners
Independen selama menjabat. during their term of office.
3. Syarat lain-lain meliputi: 3. Other requirements, covering:
a. Tidak memiliki hubungan keluarga sampai a. Not having any vertical or horizontal family
derajat ketiga, baik menurut garis lurus relationships up to the third degree, including
maupun garis ke samping, termasuk hubungan marital relationships (children-in-law or
semenda (menantu atau ipar) dengan siblings-in-law) with another member of the
anggota Dewan Komisaris dan/ atau anggota Board of Commissioners and/or members of
Direksi lainnya. the Board of Directors.
b. Bukan pengurus partai politik dan/atau b. Not a member of a political party and/or the
anggota legislatif. parliament.
c. Tidak sedang menduduki jabatan sebagai c. Not currently holding a position as a member
anggota Direksi pada Badan Usaha Milik of the Board of Directors of a Regional
Daerah, Badan Usaha Milik Swasta atau Government-Owned Enterprise, or a privately
jabatan lainnya yang dapat menimbulkan owned enterprise, or other positions that may
benturan kepentingan secara langsung atau cause direct or indirect conflicts of interest
tidak langsung dengan Perseroan sesuai with the Company in accordance with
dengan ketentuan peraturan perundang- provisions of applicable laws and regulations.
undangan yang berlaku.
d. Tidak sedang menduduki jabatan lainnya d. Not currently holding another position in line
sesuai dengan ketentuan dalam peraturan with the provisions or laws and regulations or
perundang-undangan atau jabatan lainnya other positions that may cause direct or
yang dapat menimbulkan benturan indirect conflicts of interest with the Company
kepentingan secara langsung atau tidak in accordance with provisions of applicable
langsung dengan Perseroan sesuai dengan laws and regulations
ketentuan peraturan perundang-undangan
yang berlaku.
374 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 375
Orientasi Anggota Dewan Komisaris Induction Program for the New
dan Direksi Baru Board of Commissioners and Board
of Directors
Anggota Dewan Komisaris dan Direksi baru PGE akan Newly appointed members of PGE’s Board of
menjalani program orientasi/pengenalan setelah Commissioners and Board of Directors will undertake
pengangkatan untuk memberikan pemahaman an induction/introduction program following their
menyeluruh mengenai Perseroan, termasuk lingkup appointment to obtain overall insights into the
kegiatan, kinerja keuangan dan operasi, strategi, Company, including the scope of activities, financial
rencana usaha jangka pendek dan jangka panjang, and operational performance, strategies, short-term
posisi kompetitif, risiko, serta tantangan strategis and long-term business plans, competitive positions,
lainnya. risks, and other strategic challenges.
Materi orientasi juga mencakup penjelasan tentang Materials for the induction program also cover
penerapan prinsip-prinsip GCG, penjelasan tugas dan information on the implementation of GCG principles,
kewenangan yang didelegasikan, serta penjelasan delegated duties and authorities, and governance of
tata laksana hubungan dengan organ Perseroan relations with other Company organs, including
lainnya termasuk mengenai teknis dan waktu technical matters and implementation time. Newly
pelaksanaan. Secara khusus anggota Dewan Komisaris appointed members of the Board of Commissioners and
dan Direktur baru juga akan mendapatkan informasi the Board of Directors will also obtain additional
tambahan terkait pengembangan panas bumi information related to geothermal development in
Indonesia dan Perseroan, termasuk tantangan serta Indonesia and of the Company, including the
harapan Perseroan ke depan. Company’s future challenges and hopes.
Program orientasi Dewan Komisaris dan Direksi The induction program for the Board of Commissioners
disampaikan melalui berbagai metode, seperti and the Board of Directors may be implemented with
presentasi, pertemuan atau kunjungan ke fasilitas various methods, including presentations, visits to the
Perseroan, perkenalan dengan jajaran Perseroan dan/ Company’s facilities, introduction to the Company’s
atau jajaran manajemen di Perseroan, serta program ranks and/or management, and other programs
lainnya sesuai kebutuhan, dengan tetap depending on the needs while still prioritizing
mengedepankan akuntabilitas dan efisiensi biaya. accountability and cost efficiency.
Pelaksanaan program orientasi dikoordinir oleh Fungsi The induction program implementation is organized by
Corporate Secretary, Fungsi Human Capital dan the Corporate Secretary Function, the Human Capital
Sekretariat Dewan Komisaris dilakukan selambatnya Function, and the Secretariat of the Board of
90 hari kalender setelah pengangkatan anggota Commissioners. The program is held at the latest 90
Dewan Komisaris dan Direksi oleh RUPS. Pada tahun calendar days following the appointment of members
2024, Perseroan mengangkat anggota Dewan of the Board of Commissioners and Directors by the
Komisaris baru yaitu John Anis dan Abdulla Zayed GMS. In 2024, the Company appointed new members
yang telah mengikuti program orientasi pada tanggal of the Board of Commissioner, namely John Anis and
10 Juni 2024, serta Gigih Udi Atmo dan Abdul Abdulla Zayed who attended induction program on
Musawir Yahya pada tanggal 16 Agustus 2024. 10 June 2024, and Gigih Udi Atmo and Abdul
Musawir Yahya on 16 August 2024.
Sementara dua anggota Direksi baru Perseroan pada Meanwhile, two new members of the Company’s Board
tahun 2024 yaitu Yurizki Rio telah mengikuti program of Directors appointed in 2024, Yurizki Rio and Edwil
orientasi pada tanggal 21 Februari 2024 dan Edwil Suzandi, attended the induction program on
Suzandi pada tanggal 26 Juni 2024. 21 February 2024 and 26 June 2024 respectively.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 375
Page 376
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Prosedur Pemberhentian/ Procedures for Dismissal/
Pengunduran Diri Dewan Komisaris Resignation of Members of the
dan Direksi Board of Commissioners and the
Board of Directors
Prosedur pemberhentian Dewan Komisaris dan Direksi The procedure for the dismissal of members of the
adalah sebagai berikut: Board of Commissioners and the Board of Directors are
as follows:
1. RUPS dapat memberhentikan anggota Dewan 1. The GMS may dismiss members of the Board of
Komisaris sewaktu-waktu sebelum masa jabatannya Commissioners at any time prior to the end of the
berakhir dengan menyebutkan alasan sebagai term of office by disclosing the grounds, namely:
berikut:
a. Tidak dapat memenuhi kewajibannya yang a. Fail to fulfill their obligations as agreed upon
telah disepakati dalam kontrak manajemen. in the management contract.
b. Tidak dapat menjalankan tugasnya dengan b. Fail to perform their duties properly.
baik.
c. Melanggar ketentuan Anggaran Dasar dan/ c. Breach the provisions of the Articles of
atau peraturan perundang-undangan yang Association and/or applicable laws and
berlaku. regulations.
d. Dinyatakan bersalah dengan keputusan d. Declared guilty by court decision that has
pengadilan yang telah berkekuatan hukum permanent legal force.
tetap.
e. Terlibat dalam tindakan yang merugikan e. Get involved in actions detrimental to the
Perseroan dan/atau Negara. Company and/or the State.
f. Terdapat keadaan antara para anggota f. There is a situation where members of the
Dewan Komisaris dan antara anggota Dewan Board of Commissioners and between
Komisaris dengan anggota Direksi memiliki members of the Board of Commissioners and
hubungan keluarga sampai dengan derajat members of the Board of Directors have family
ketiga, baik menurut garis lurus maupun garis relationships up to the third degree, both
samping, termasuk hubungan semenda vertical and horizontal, including marital
(menantu dan ipar). relationships (children-in-law and siblings-in-
law).
g. Tidak lagi memenuhi persyaratan perundang- g. No longer fulfill the requirements of applicable
undangan yang berlaku. laws and regulations.
h. Alasan lainnya diberhentikan oleh RUPS. h. Other grounds for dismissal stipulated by the
GMS.
2. Dewan Komisaris dan Direksi yang diberhentikan 2. The dismissed members of the Board of
tersebut tetap diminta pertanggungjawabannya Commissioners and the Board of Directors are still
terhitung dari awal tahun buku sampai dengan held accountable from the beginning of the
tanggal efektif pemberhentiannya, sepanjang financial year until the effective date of their
tindakan Dewan Komisaris dan Direksi tersebut dismissal, so long as the actions of the Board of
tercermin dalam Laporan Tahunan tahun buku Commissioners are reflected in the Annual Report
yang bersangkutan. for the relevant financial year.
3. Bagi anggota Dewan Komisaris dan Direksi yang 3. Members of the Board of Commissioners and the
berhenti sebelum maupun pada saat masa Board of Directors who are dismissed prior to or at
jabatannya berakhir kecuali berhenti karena the end of their term of office, unless they passed
meninggal dunia, maka yang bersangkutan tetap away, remain responsible for their actions for
bertanggung jawab atas tindakan-tindakannya which the accountability has not been accepted
yang belum diterima pertanggungjawabannya by the GMS.
oleh RUPS.
4. Perseroan wajib melakukan keterbukaan informasi 4. The Company must disclose information to the
kepada masyarakat dan menyampaikan kepada public and notify the Financial Services Authority
Otoritas Jasa Keuangan (OJK) paling lambat dua (OJK) no later than two business days regarding:
hari kerja mengenai:
a. Keputusan pemberhentian sementara. a. Decision on temporary dismissal.
b. Hasil penyelenggaraan RUPS sebagaimana b. Results of the GMS as described above.
dimaksud di atas.
376 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Sementara mekanisme pengunduran Dewan Komisaris Meanwhile, the mechanism for the resignation of
dan Direksi adalah sebagai berikut: members of the Board of Commissioners and the Board
of Directors is as follows:
1. Anggota Dewan Komisaris dan Direksi berhak 1. Members of the Board of Commissioners and the
mengundurkan diri dari jabatannya dengan Board of Directors have the right to resign from
memberitahukan secara tertulis mengenai maksud their position with prior written notification to the
tersebut kepada Perseroan sekurangnya 60 hari Company minimum 60 calendar days prior to the
kalender sebelum tanggal pengunduran dirinya. date of resignation. The written notification does
Pemberitahuan tertulis tersebut tidak berlaku jika not apply if the members of the Board of
anggota Dewan Komisaris dan Direksi yang Commissioners and the Board of Directors
bersangkutan ditugaskan oleh instansi yang concerned are assigned by authorized institutions
berwenang atau terdapat ketentuan peraturan or if there is a provision of laws and regulations
perundangan yang mengatur lain. Perseroan wajib that regulates otherwise. The Company must hold
menyelenggarakan RUPS untuk memutuskan a GMS to decide on the request for resignation of
permohonan pengunduran diri anggota Dewan the members of the Board of Commissioners and
Komisaris yang bersangkutan dalam jangka waktu the Board of Directors concerned no later than 60
paling lambat 60 hari kalender untuk Dewan calendar days for the Board of Commissioners and
Komisaris dan paling lambat 90 hari kalender no later than 90 calendar days for the Board of
setelah diterimanya pemberitahuan secara tertulis Directors after the receipt of written notification.
tersebut.
2. Dalam hal Perseroan tidak menyelenggarakan 2. In the event that the Company does not convene a
RUPS dalam jangka waktu tersebut, maka dengan GMS within that period, with the expiration of the
lampaunya kurun waktu tersebut pengunduran diri period, the resignation of the members concerned
yang bersangkutan menjadi sah tanpa memerlukan becomes valid without requiring the approval of
persetujuan RUPS, dengan ketentuan apabila the GMS. If the resignation causes the number of
pengunduran diri tersebut mengakibatkan jumlah members to fall below the minimum requirement, it
anggota kurang dari ketentuan minimal, maka is valid only if it has been stipulated by the GMS.
pengunduran diri tersebut sah apabila telah
ditetapkan oleh RUPS.
3. Terhadap anggota Dewan Komisaris dan Direksi 3. Members of the Board of Commissioners and the
yang mengundurkan diri sebagaimana tersebut di Board of Directors who have resigned as described
atas tetap dapat dimintakan above may still be held accountable from the date
pertanggungjawabannya sejak pengangkatan of their appointment until the date of their
yang bersangkutan hingga tanggal pengunduran resignation.
dirinya.
4. Perseroan wajib melakukan keterbukaan informasi 4. The Company must disclose information to the
kepada masyarakat dan menyampaikan kepada public and notify the OJK no later than two
OJK paling lambat dua hari kerja setelah: business days following:
a. Diterimanya permohonan pengunduran diri. a. The approval of the resignation request.
b. Hasil penyelenggaraan RUPS sebagaimana b. Results of the GMS as described above.
dimaksud di atas.
5. Sebelum pengunduran diri berlaku efektif, yang 5. Before the resignation becomes effective, the
bersangkutan tetap bertanggung jawab atas members concerned remain responsible for
pelaksanaan tugas dan tanggung jawabnya performing their duties and responsibilities in
sesuai Anggaran Dasar dan peraturan perundang- accordance with the Articles of Association and
undangan. laws and regulations.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 377
Page 378
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
PROSEDUR DAN PELAKSANAAN
REMUNERASI DEWAN KOMISARIS DAN
DIREKSI
PROCEDURES AND IMPLEMENTATION OF REMUNERATION
FOR THE BOARD OF COMMISSIONERS AND THE BOARD
OF DIRECTORS
Kebijakan Remunerasi Remuneration Policy
Penetapan remunerasi Direksi dan Dewan Komisaris Remuneration for the Board of Directors and the Board
dilakukan melalui mekanisme RUPS. Selanjutnya, RUPS of Commissioners is determined through the GMS
memberikan wewenang dan kuasa kepada Dewan mechanism. The GMS grants authority and power to
Komisaris dengan terlebih dahulu mendapatkan the Board of Commissioners with prior approval from
persetujuan Pemegang Saham Pengendali Perseroan the Company’s Controlling Shareholder to determine
untuk menetapkan honorarium, tunjangan, dan fasilitas the honorarium, allowances, and other facilities for
lainnya bagi anggota Dewan Komisaris dan Direksi members of the Company’s Board of Commissioners
Perseroan untuk tahun 2024. and Board of Directors for 2024.
Perseroan juga memperhatikan ketentuan dan The Company also adheres to the applicable provisions
peraturan perundang-undangan yang berlaku dalam and regulations in determining the remuneration for the
penetapan remunerasi Direksi dan Dewan Komisaris Board of Directors and the Board of Commissioners.
tersebut.
Prosedur Penetapan Remunerasi
Procedure for Determining Remuneration
1
Direksi Perseroan dapat mengajukan
usulan remunerasi kepada Dewan
Komisaris untuk mendapatkan
2
3
rekomendasi.
Dewan Komisaris melalui Komite
The Company's Board of Directors
Nominasi dan Remunerasi
may submit remuneration proposals
melakukan kajian remunerasi untuk
to the Board of Commissioners for
mendapatkan rekomendasi dari
recommendation.
Dewan Komisaris. Selanjutnya
Direksi meneruskan kepada RUPS Persetujuan dan pengesahan
untuk mendapatkan pengesahan. atas besaran, bentuk, dan waktu
berlaku remunerasi Direksi dan
The Board of Commissioners Dewan Komisaris dilakukan
through the Nomination and Pemegang Saham dalam RUPS.
Remuneration Committee reviews
the remuneration to obtain Approval for and ratification
recommendations from the Board of the amount, from and time
of Commissioners. Furthermore, the applicable to the remuneration of
Board of Directors forwards it to the the Board of Directors and Board of
GMS for approval. Commissioners must be conducted
by the Shareholders through the
GMS.
378 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Indikator Penetapan Remunerasi Indicators for Determining the
Dewan Komisaris dan Direksi Remuneration for the Board of
Commissioners and the Board of
Directors
Indikator penetapan remunerasi Direksi yang bersifat Indicators for determining the fixed remuneration of the
tetap terdiri dari: Board of Directors consist of:
1. Pendapatan. 1. Revenue.
2. Aktiva. 2. Assets.
3. Kondisi dan kemampuan keuangan Perseroan 3. Conditions and financial capabilities of the
yang bersangkutan. respective company.
4. Tingkat inflasi. 4. Inflation rate.
5. Faktor-faktor lain yang relevan. 5. Other relevant factors.
6. Kepatuhan (compliance) yang tidak boleh 6. Compliance, which must not conflict with laws and
bertentangan dengan peraturan perundang- regulations.
undangan.
Indikator penetapan remunerasi yang berbentuk Indicators for determining variable remuneration in the
tantiem bersifat variabel, berdasarkan beberapa faktor form of bonuses are based on the following factors:
berikut:
1. Kinerja Perseroan, termasuk EBITDA dan KPI. 1. Company performance, including EBITDA and
KPIs.
2. Tingkat kesehatan perusahaan. 2. Company health status.
3. Kondisi dan kemampuan keuangan Perseroan 3. Conditions and financial capabilities of the
yang bersangkutan. respective company.
4. Faktor-faktor lain yang relevan. 4. Other relevant factors.
Penetapan remunerasi di Perseroan juga dipengaruhi The determination of remuneration in the Company is
oleh faktor jabatan bagi Direksi dan Dewan Komisaris, also influenced by position factors for the Board of
yaitu: Directors and the Board of Commissioners, namely:
1. Faktor jabatan Direktur Utama: 100%. 1. Position factor for the President Director: 100%
2. Faktor jabatan anggota Direksi: 85% dari gaji 2. Position factor for members of the Board of
Direktur Utama. Directors: 85% from the President Director’s salary.
3. Faktor jabatan Komisaris Utama: 45% dari gaji 3. Position factor for the President Commissioner:
Direktur Utama. 45% from the President Director’s salary.
4. Faktor jabatan Komisaris: 90% dari honorarium 4. Position factor for Commissioners: 90% from the
Komisaris Utama. President Commissioner’ honorarium.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 379
Page 380
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
380 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 381
Struktur Remunerasi Dewan Komisaris dan Direksi
Remuneration Structure of the Board of Commissioners and the Board of Directors
Ketetapan
Komponen Determination
Component Komisaris Utama Komisaris Lainnya
President Commissioner Other Commissioners
90% dari honor Komisaris Utama
Honor 45% dari gaji Direktur Utama
90% of the President Commissioner’s
Honorarium 45% of the President Director’s salary
honorarium
Tunjangan:
Allowance:
Transportasi 20% dari honor masing-masing anggota Dewan Komisaris
Transportation 20% of each Commissioner’s honorarium
THR
1 x honor
(THR)
1x honorarium
Religious Holiday Allowance
Asuransi Purna Jabatan Premi yang ditanggung oleh Perseroan paling banyak 25% dari honor dalam satu tahun
Post-Employment Insurance Maximum premium borne by the Company is 25% of one year honorarium
Tunjangan:
Allowance:
Kesehatan Diberikan fasilitas kesehatan sesuai ketentuan yang berlaku di Perseroan
Health Health facilities are provided as per the Company’s regulations
Diberikan bantuan hukum (termasuk Director’s & Officer’s Liability) sesuai ketentuan yang
Bantuan Hukum berlaku di Perseroan
Legal Aid lLegal aid is provided (including Director’s & Officer’s Liability) as per the Company’s
regulations
Tantiem 45% dari Tantiem Direktur Utama 90% dari Tantiem Komisaris Utama
Tantiem 45% of the President Director’s tantiem 90% of the President Commissioner’s tantiem
Ketetapan
Komponen Determination
Component Direktur Utama Direktur Lainnya
President Director Other Director
Gaji 100% 85% dari gaji Direktur Utama
Salary 100% 85% of the President Director’s salary
40% dari gaji masing-masing anggota Direksi, dengan ketentuan paling banyak sebesar
Perumahan
Rp27.500.000
Housing
40% of each Director’s salary, capped at maximum of Rp27,500,000
THR 1 x gaji
THR (Religious Holiday Allowance) 1 x salary
Asuransi Purna Jabatan Premi yang ditanggung oleh Perseroan paling banyak 25% dari gaji dalam satu tahun
Post-Employment Insurance Maximum premium borne by the Company is 25% of one year honorarium
Kendaraan Diberikan satu unit Kendaraan Ringan Penumpang (KRP) sesuai ketentuan yang berlaku di Perseroan
Vehicle One unit of Light Passenger Vehicle (KRP) is provided as per the Company’s regulations
Kesehatan Diberikan fasilitas kesehatan sesuai ketentuan yang berlaku di Perseroan
Health health facilities are provided as per the Company’s regulations
Diberikan bantuan hukum (termasuk Director’s & Officer’s Liability) sesuai ketentuan yang berlaku
Bantuan Hukum
di Perseroan
Legal Aid
Legal aid is provided (including Director’s & Officer’s Liability) as per the Company’s regulations
Cuti Tahunan 12 hari kerja dalam setahun apabila telah bekerja 12 bulan berturut-turut
Annual Leave 12 working days annually if employed for 12 consecutive months
Tantiem 100% 85% dari Tantiem Direktur Utama
Tantiem 100% 85% of the President Director’s Tantiem
2024 Annual Report PT Pertamina Geothermal Energy Tbk 381
Page 382
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Komponen dan Jumlah Nominal Remunerasi Dewan Komisaris dan
Direksi Tahun 2024
Components and Amount of Remuneration for the Board of Commissioners and the Board
of Directors for 2024
Dewan Komisaris
Jumlah Remunerasi
dan Fasilitas Lain
Board of Commissioners
(Rp)
Total Remuneration and Sarman Abdullah Samsul Abdul Musawir
Simanjorang Zayed9 Hidayat10 Yahya11 Gigih Udi Dannif
Other Facilities Harris7 Sujit S. Parhar8
Komisaris Utama/ Komisaris Komisaris Komisaris Atmo12 Danusaputro13
(Rp) Komisaris Komisaris Independen
Komisaris Independen Independen Independen Independen Komisaris Komisaris
President Commissioner/ Commissioner Independent Commissioner
Independent Independent Independent Commissioner Commissioner
Independent Commissioner Commissioner Commissioner Commissioner
Remunerasi
Remuneration
Gaji 1.119.112.201 613.370.296 436.574.729 561.442.642 383.918.130 383.918.130 -
(+ Tunjangan Hari Raya)
Salary (+ Eid Allowance)
Tantiem* 2.340.701.233 2.053.021.659 804.597.243 - 1.037.460.136 - - -
Fasilitas dan Manfaat Lain
Other Facilities and Benefits
Perumahan
- - - - - - - -
(tidak dapat dimiliki)
Housing
(cannot be owned)
Transportasi
(tidak dapat dimiliki) 194.400.000 102.060.000 71.018.710 103.941.290 - 73.386.000 73.386.000 -
Transportation
(cannot be owned)
Asuransi Purna
Jabatan** 219.611.250 - - 181.188.576 - 150.990.480 150.990.480 -
Post-Employment
Insurance**
Program MESOP tahap
- 1.763.755.414 - - - - - -
1 (terealisasi)
MESOP Program Phase
1 (realized)
Layanan Kesehatan 32.851.531 12.127.729 - - - 7.820.816 - -
Health Care Services
Layanan Kesehatan
42.179.941 8.442.000 - - - 5.432.000 5.432.000 -
Keluarga
Family Health Care
Services
Total 3.948.856.156 4.552.777.098 1.312.190.682 846.572.508 621.547.426 613.726.610
Total
Program MESOP (belum terealisasi)
MESOP Program (not realized)
Total Lembar Hak Opsi
Tahap 2 (harga exercise 3.920.325 3.920.325
Rp1.087)
Total Overtime of Option
Rights Phase 2
(exercise price Rp1,087)
*Dalam Gross dan termasuk Tantiem Yang Ditangguhkan
*In Gross and include Deferred Tantiem
** Termasuk Pencairan dan Pembayaran Premi
** Including Premium Disbursement and Payment
382 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 383
Jumlah Direksi
Remunerasi dan
Fasilitas Lain
Board of Directors
(Rp)
Total Remuneration Rachmat Hidajat3 Edwil Suzandi4 Nelwin
and Other Facilities Julfi Hadi1 Ahmad Subarkah2 Ahmad Yani Direktur Eksplorasi dan Direktur Eksplorasi dan Yurizki Rio6
Aldriansyah5
(Rp) Direktur Utama Direktur Utama Direktur Operasi Pengembangan Pengembangan Direktur Keuangan
Direktur Keuangan
President Director President Director Director of Operations Director of Exploration and Director of Exploration and Director of Finance
Development Development Director of Finance
Remunerasi
Remuneration
Gaji (+ Tunjangan
2.788.516.426 - 2.466.986.382 1.172.761.826 1.325.939.300 400.823.890 2.049.449.733
Hari Raya)
Salary (+ Eid
Allowance)
Tantiem* 2.514.759.316 2.686.798.980 2.137.545.419 4.268.504.563 - 4.421.324.552 -
Fasilitas dan Manfaat Lain
Other Facilities and Benefits
Perumahan
- - - - - - -
(tidak dapat dimiliki)
Housing
(cannot be owned)
Transportasi 616.805.975 - 616.805.975 257.002.490 359.803.485 51.400.498 565.405.477
(tidak dapat dimiliki)
Transportation
(cannot be owned)
Asuransi Purna
372.816.000 - 47.841.390 1.097.579.623 316.893.600 1.331.198.008 316.893.600
Jabatan**
Post-Employment
Insurance**
Program MESOP
tahap 1 (terealisasi) 4.354.951.404 - 3.701.708.844 3.701.708.844 - 3.701.708.844 -
MESOP Program
Phase 1 (realized)
Layanan Kesehatan 6.970.783 - 37.246.352 - 21.316.923 14.916.325 25.769.144
Health Care Services
Layanan Kesehatan
- - 25.314.428 - 9.014.976 1.805.383 26.804.005
Keluarga
Family Health Care
Services
Total 10.654.819.904 2.686.798.980 9.033.448.790 10.497.557.346 2.032.968.284 9.923.177.500 2.984.321.959
Total
Program MESOP (belum terealisasi)
MESOP Program (not realized)
Total Lembar Hak
Opsi Tahap 2 (harga 9.679.816 - 8.227.843 8.227.843 - 8.227.843 -
exercise Rp1.087)
Total Overtime of
Option Rights Phase
2 (exercise price
Rp1,087)
1
. 5 Juni 2023 - Sekarang | 5 June 2023 - present 7
. 25 Februari 2022 - 31 Juli 2024 | 25 February 2022 - 31 July 2024
2
. 15 Februari 2021 - 14 Februari 2024 | 15 February 2021 - 14 February 2024 8
. 5 juni 2023 - 28 Mei 2024 | 5 June 2023 - 28 May 2024
3
. 21 Maret 2022 - 28 Mei 2024 | 21 March 2022 - 28 May 2024 9
. 28 Mei 2024 - Sekarang | 28 May 2024 - Present
4
. 28 Mei 2024 - Sekarang | 28 May 2024 - present 10
. 25 Februari 2022 - 25 Mei 2023 | 25 February 2022 - 25 May 2023
5
. 15 Februari 2021 - 12 Februari 2024 | 15 February 2021 - 12 February 2024 11
. 31 Juli 2024 - Sekarang | 31 July 2024 - present
6
. 24 Februari 2024 - Sekarang | 24 February 2024 - present 12
. 31 Juli 2024 - Sekarang | 31 July 2024 - present
13
. 5 Juni 2023 - 28 Mei 2024 | 5 June 2023 - 28 May 2024
2024 Annual Report PT Pertamina Geothermal Energy Tbk 383
Page 384
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
HUBUNGAN AFILIASI ANTARA ANGGOTA
DIREKSI, DEWAN KOMISARIS, DAN
PEMEGANG SAHAM UTAMA DAN/ATAU
PENGENDALI
AFFILIATE RELATIONS BETWEEN MEMBERS OF THE BOARD OF
DIRECTORS, THE BOARD OF COMMISSIONERS, AND ULTIMATE AND/
OR CONTROLLING SHAREHOLDERS
Hubungan Keluarga Hubungan Keuangan Kepemilikan
Family Relationship Financial Relationship Saham di
PGE baik
Langsung
Nama maupun Tidak
Jabatan
Name Pemegang Pemegang Langsung
Position
Direksi Komisaris Saham Utama Direksi Komisaris Saham Utama (lembar saham)
Directors Commissioners Majority Directors Commissioners Majority Ownership of
Shareholers Shareholers PGE Shares both
direct and indirect
(shares)
Sarman Komisaris Utama/
Simanjorang Komisaris Independen
President
Commissioner/
- - - - - - -
Independent
Commissioner
Sujit S. Parhar1 Komisaris Independen
Independent
- - - - - - -
Commissioner
Dannif Komisaris
Danusaputro1 Commissioner - - - - - - 50.000
Harris3 Komisaris
Commissioner - - - - - - -
Abdulla Zayed2 Komisaris Independen
Independent - - - - - - -
Commissioner
Abdul Musawir Komisaris Independen
Yahya4 Independent - - - - - - -
Commissioner
John Anis2 Komisaris
*
Commissioner - - - - - -
Gigih Udi Atmo4 Komisaris
Commissioner - - - - - - -
Julfi Hadi Direktur Utama
President Director - - - - - - -
Ahmad Yani Direktur Operasi
Director of Operations - - - - - - -
Rachmat Hidajat1 Direktur Eksplorasi dan
Pengembangan
Director of Exploration
- - - - - - -
and Development
Edwil Suzandi2 Direktur Eksplorasi dan
Pengembangan
Director of Exploration - - - - - - -
and Development
Nelwin Direktur Keuangan
Aldriansyah5 Director of Finance
- - - - - - -
Yurizki Rio6 Direktur Keuangan
Director of Finance - - - - - - -
Keterangan: Notes:
*Selain menjadi Komisaris PGE, John Anis juga menjabat
1
Tidak lagi menjabat sejak 28 Mei 2024 1
No longer serving since 28 May 2024
sebagai Direktur Utama PT Pertamina Power Indonesia, yang
2
Mulai menjabat sejak 28 Mei 2024 2
Served from 28 May 2024
merupakan pemegang saham utama/pengendali PGE sebesar
3
Tidak lagi menjabat sejak 31 Juli 2024 3
No longer serving since 31 July 2024
68,83%.
4
Mulai menjabat sejak 31 Juli 2024 4
Served from 31 July 2024
5
Tidak lagi menjabat sejak 12 Februari 2024 5
No longer serving since 12 February 2024 *In addition to being a Commissioner of PGE, John Anis also
6
Mulai menjabat sejak 12 Februari 2024 6
Served from 12 February 2024 serves as President Director of PT Pertamina Power Indonesia,
which is the majority/controlling shareholder of PGE with
68.83%.
384 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 385
KEBIJAKAN RANGKAP JABATAN
DEWAN KOMISARIS DAN DIREKSI
POLICY ON CONCURRENT POSITIONS OF THE BOARD OF
COMMISSIONERS AND THE BOARD OF DIRECTORS
Mengacu pada ketentuan dalam Anggaran Dasar Pursuant to the provisions of the Company’s Articles of
Perseroan, anggota Dewan Komisaris dan Direksi tidak Association, members of the Board of Commissioners
diperkenankan merangkap jabatan rangkap sebagai: and the Board of Directors are not permitted to have
the following concurrent positions:
• Anggota Direksi pada Badan Usaha Milik • Member of the Board of Directors of a Regional
Daerah dan Badan Usaha Milik Swasta. Government-Owned Enterprises and a private
company.
• Pengurus partai politik dan/atau anggota • Member of a political party and/or the parliament.
legislatif.
• Jabatan lainnya sesuai dengan ketentuan dalam • Other positions in accordance with the provisions
peraturan perundang-undangan. of applicable laws and regulations.
• Jabatan lainnya yang dapat menimbulkan • Other positions that may cause a direct or indirect
benturan kepentingan secara langsung atau tidak conflict of interests with the Company in accordance
langsung dengan Perseroan sesuai dengan with the provisions of applicable laws and
ketentuan peraturan perundang-undangan yang regulations.
berlaku.
Pada tahun 2024, rangkap jabatan yang dijalankan In 2024, concurrent positions held by members of the
oleh anggota Dewan Komisaris dan Direksi Perseroan Company’s Board of Commissioners and the Board of
telah memenuhi ketentuan Anggaran Dasar Perseroan Directors have complied with the Company’s Articles of
dan mematuhi POJK No. 33/ POJK.04/2014 tentang Association and adhered to POJK No. 33/
Direksi dan Dewan Komisaris Perusahaan Publik. POJK.04/2014 on the Board of Directors and the
Informasi mengenai rangkap jabatan tersebut Board of Commissioners of Public Companies.
diungkapkan pada bagian Profil Dewan Komisaris dan Information on concurrent positions is disclosed in the
Profil Direksi dalam Bab Profil Perusahaan di Laporan Profile of the Board of Commissioners and the Profile of
Tahunan ini. the Board of Directors in the Company Profile Chapter
in this Annual Report.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 385
Page 386
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
PENGELOLAAN BENTURAN
KEPENTINGAN DEWAN KOMISARIS
DAN DIREKSI
MANAGEMENT OF CONFLICT OF INTERESTS OF THE BOARD
OF COMMISSIONERS AND THE BOARD OF DIRECTORS
Benturan kepentingan adalah suatu kondisi tertentu di Conflict of interests is a situation where the interest of a
mana kepentingan anggota Dewan Komisaris dan member of the Board of Commissioners and the Board
Direksi bertentangan dengan kepentingan Perseroan of Directors conflicts with that of the Company to gain
untuk meraih laba, meningkatkan nilai, mencapai visi profit, increase value, achieve the vision and conduct
dan menjalankan misi serta arahan Rapat Umum missions and directives of the General Meeting
Pemegang Saham, yang pada akhirnya akan merugikan Shareholders, which eventually harm the Company.
Perseroan. Selama tahun 2024 tidak terdapat kondisi Throughout 2024, there were no conflicts of interest
terkait benturan kepentingan yang melibatkan anggota involving members of the Board of Commissioners and
Dewan Komisaris dan Direksi Perseroan. the Board of Directors of the Company.
Anggota Dewan Komisaris dan Direksi wajib mematuhi Members of the Board of Commissioners and the Board
ketentuan untuk mencegah terjadinya benturan of Directors is obligated to comply with the provisions
kepentingan, yaitu menghindari hal - hal sebagai to prevent conflict of interests by avoiding the following
berikut: actions:
• Melaksanakan jasa apapun dalam Perseroan, • Performing any services within the Company, or
atau memiliki peran dengan mitra usaha yang having a role with business partners who are
sedang/akan melakukan kerjasama dengan currently/will be cooperating with the Company.
Perseroan.
• Memiliki kepentingan ekonomi secara langsung • Having direct or indirect economic interests in the
maupun tidak langsung terhadap Perseroan atau Company or any parties currently cooperating
pihak manapun yang saat ini sedang melakukan with the Company, or any parties that will
kerjasama dengan Perseroan, atau dengan pihak cooperate with the Company.
yang akan melakukan kerjasama dengan
Perseroan.
• Memiliki anggota keluarga atau kerabat yang • Having family members or relatives who have
memiliki kepentingan ekonomi secara langsung direct and indirect economic interests in the
maupun tidak langsung terhadap Perseroan atau Company or any parties currently doing business
pihak yang saat ini melakukan usaha dengan with the Company.
Perseroan.
• Melakukan transaksi dan/atau menggunakan • Conducting transactions and/or using the
fasilitas Perseroan untuk kepentingan diri sendiri, Company’s facilities for personal, family, or
keluarga atau kerabat. relative interests.
• Mewakili Perseroan dalam transaksi dengan pihak • Representing the Company in transactions with
lain, dimana Saya dan/atau keluarga/kerabat other parties, where my family/relatives and/or I
Saya memiliki kepentingan. have interests.
• Menerima hadiah, uang, atau hiburan yang • Receiving gifts, money, or entertainment
termasuk kategori gratifikasi yang terlarang dari categorized as prohibited gratuities from partners
mitra kerja atau pihak lain dalam setiap kegiatan/ or other parties in any activities/transactions
transaksi dengan Perseroan. involving the Company.
• Menggunakan informasi rahasia dan data bisnis • Using confidential information and the Company’s
Perseroan untuk kepentingan pribadi dan/atau business data for personal and/or family/relative
keluarga/kerabat yang dapat merugikan interests that may harm the Company’s interests.
kepentingan Perseroan.
• Mengungkapkan kepada individu atau pihak • Disclosing any information, programs, financial
manapun di luar Perseroan atas setiap informasi, data, formulas, classified as the Company’s
program, data keuangan, formula, yang termasuk confidential proprietary information to any
informasi rahasia Perseroan. individuals or parties outside the Company.
• Dilarang melakukan transaksi yang mempunyai • Not make any transactions that may pose a
potensi benturan kepentingan dan mengambil potential conflict of interests and take personal
keuntungan pribadi dari kegiatan Perseroan, selain advantage of the Company’s activities other than
386 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 387
honorarium dan tunjangan/fasilitas yang telah the honorarium and allowances/facilities
ditentukan oleh RUPS. determined by the GMS.
• Mengisi Daftar Khusus yang berisikan kepemilikan • Fill out a Special Register containing their and/or
sahamnya dan atau keluarganya pada Perseroan their family’s ownership of shares of the Company
maupun perusahaan lain. or other companies.
• Mengisi Deklarasi Benturan Kepentingan yang • Fill out a Declaration of Conflict of Interests, which
merupakan pernyataan bahwa yang bersangkutan is a statement affirming that the individual does not
tidak memiliki benturan kepentingan. have any conflict of interests.
• Tidak memanfaatkan jabatan bagi kepentingan • Not misuse their position for personal interest or
pribadi atau bagi kepentingan orang atau pihak the interest of other people or related parties that
lain yang terkait yang bertentangan dengan conflicts with the Company’s interest.
kepentingan Perseroan.
• Menghindari setiap aktivitas yang dapat • Avoid all activities that may affect the independence
memengaruhi independensi dalam melaksanakan in performing duties.
tugas.
• Melakukan pengungkapan dalam hal terjadi • Make a disclosure in the event of a conflict of
benturan kepentingan, dan yang bersangkutan interests, and the concerned members must not
tidak boleh melibatkan diri dalam proses involve themselves in the Company’s decision-
pengambilan keputusan Perseroan yang berkaitan making process related to that matter.
dengan hal tersebut.
KEBIJAKAN PENGUNGKAPAN
KEPEMILIKAN SAHAM OLEH DEWAN
KOMISARIS DAN DIREKSI
POLICY ON SHARE OWNERSHIP DISCLOSURE BY THE BOARD
OF COMMISSIONERS AND THE BOARD OF DIRECTORS
Anggota Dewan Komisaris dan Direksi wajib melakukan Members of the Board of Commissioners and the Board
pelaporan atas transaksi saham serta perubahan of Directors are obligated to report transactions of
kepemilikan saham Perseroan kepada Sekretaris shares and changes in the Company's share ownership
Perusahaan, untuk kemudian dilaporkan kepada Bursa to the Corporate Secretary to subsequently be reported
Efek Indonesia (BEI) dan OJK dalam waktu tiga hari to the Indonesia Stock Exchange (IDX) and the OJK
kalender sejak transaksi saham. within three calendar days after the share transaction.
Informasi mengenai kepemilikan saham Perseroan oleh Information on the Company’s direct and indirect share
Dewan Komisaris dan Direksi, baik kepemilikan ownership by the Board of Commissioners and the
langsung maupun tidak langsung, disajikan pada bab Board of Directors is presented in the Company Profile
Profil Perusahaan dalam Laporan Tahunan ini. chapter of this Annual Report.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 387
Page 388
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
KEBERAGAMAN KOMPOSISI DEWAN
KOMISARIS DAN DIREKSI
THE DIVERSITY IN THE COMPOSITION OF THE BOARD
COMMISSIONERS AND THE BOARD OF DIRECTORS
Anggaran Dasar Perseroan dan Peraturan Otoritas The Company’s Article of Association and Regulation
Jasa Keuangan No. 33/POJK.04/2014 tentang of the Financial Services Authority
Direksi dan Dewan Komisaris Emiten atau Perusahaan No. 33/POJK.04/2014 on the Board of Directors and
Publik menekankan pemilihan anggota Dewan the Board of Commissioners of Issuers or Public
Komisaris dan Direksi yang berdasarkan pada keahlian, Companies emphasize the selection of members of the
integritas, kepemimpinan, pengalaman, perilaku yang Board of Commissioners and the Board of Directors
baik serta dedikasi dalam memajukan dan based on expertise, integrity, leadership, experience,
mengembangkan Perseroan. good behavior, and dedication to advancing and
developing the Company.
Dewan Komisaris dan Direksi Perseroan PGE memiliki The Board of Commissioners and the Board of Directors
beragam latar belakang usia, pendidikan dan keahlian of PGE Company comprised individuals with diverse
yang akan mendorong pengelolaan Perseroan secara backgrounds in terms of age, education, expertise,
komprehensif. Pada tahun 2024, seluruh anggota fostering comprehensive management of the Company.
Dewan Komisaris dan Direksi PGE memiliki keahlian In 2024, all members of PGE's Board of Commissioners
dan pengalaman di bidang bisnis manajemen dan and the Board of Directors have expertise and
Energi Baru Terbarukan (EBT) yang menjadi bisnis inti experience in the field of management business and
PGE. New Renewable Energy (NRE), which is the core
business of PGE.
388 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 389
Latar Belakang Keterangan
Background Description
Nama Gender Usia Oil &
Name Gender Age S1 S2 S3
Manajemen Teknik Keuangan EBT Gas
Bachelor’s Master’s Doctoral
Management Engineering Finance NRE Oil &
Degree degree degree
Gas
Dewan Komisaris/The Board of Commissioners
Sarman Laki-laki 59
Simanjorang Male
Komisaris Utama/
Komisaris
Independen/ - - - -
President
Commissioner/
Independent
Commissioner
Sujit S. Parhar1 Laki-laki 53
Komisaris Male
Independen - -
Independent
Commissioner
Dannif Laki-laki 55
Danusaputro 1 Male
- -
Komisaris
Commissioner
Harris3 Laki-laki 56
Komisaris Male - - - -
Commissioner
Abdulla Zayed2 Laki-laki 36
Komisaris Male
Independen - -
Independent
Commissioner
Abdul Musawir Laki-laki 32
Yahya4 Male
Komisaris
- - - - -
Independen
Independent
Commissioner
John Anis2 Laki-laki 58
Komisaris Male - -
Commissioner
Gigih Udi Atmo4 Laki-laki 46
Komisaris Male - -
Commissioner
Keterangan: Notes :
1
Tidak lagi menjabat sejak 28 Mei 2024 1
No longer serving since 28 May 2024
2
Mulai menjabat sejak 28 Mei 2024 2
Served from 28 May 2024
3
Tidak lagi menjabat sejak 31 Juli 2024 3
No longer serving since 31 July 2024
4
Mulai menjabat sejak 31 Juli 2024 4
Served from 31 July 2024
2024 Annual Report PT Pertamina Geothermal Energy Tbk 389
Page 390
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Latar Belakang Keterangan
Background Description
Nama Gender Usia
Name Gender Age S1 S2 S3 Oil &
Manajemen Teknik Keuangan EBT
Bachelor’s Master’s Doctoral Gas
Management Engineering Finance NRE
Degree degree degree Oil & Gas
Direksi/The Board of Directors
Julfi Hadi Laki-laki 58
Direktur Utama/ Male
President Director - - - -
Ahmad Yani Laki-laki 47
Direktur Operasi/ Male
Director of - - - -
Operations
Rachmad Hidajat1 Laki-laki 53
Direktur Eksplorasi Male
dan Pengembangan
- - -
Director of
Exploration and
Development
Edwil Suzandi2 Laki-laki 49
Direktur Eksplorasi Male
dan Pengembangan
- - - -
Director of
Exploration and
Development
Nelwin Laki-laki 55
Aldriansyah5 Male
- - - -
Direktur Keuangan
Director of Finance
Yurizki Rio6 Laki-laki 42
Direktur Keuangan Male
Director of Finance - - - - -
Keterangan: Notes:
1
Tidak lagi menjabat sejak 28 Mei 2024 1
No longer serving since 28 May 2024
2
Mulai menjabat sejak 28 Mei 2024 2
Served from 28 May 2024
3
Tidak lagi menjabat sejak 31 Juli 2024 3
No longer serving since 31 July 2024
4
Mulai menjabat sejak 31 Juli 2024 4
Served from 31 July 2024
5
Tidak lagi menjabat sejak 12 Februari 2024 5
No longer serving since 12 February 2024
6
Mulai menjabat sejak 12 Februari 2024 6
Served from 12 February 2024
390 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 391
KOMITE DI BAWAH DEWAN KOMISARIS
COMMITTEE UNDER THE BOARD OF COMMISSIONERS
Dalam menjalankan fungsi, tugas dan tanggung In performing its functions, duties, and responsibilities,
jawabnya, Dewan Komisaris dibantu oleh organ di the Board of Commissioners is assisted by organs under
bawah Dewan Komisaris yaitu Komite Audit, Komite the Board of Commissioners, namely the Audit
Nominasi dan Remunerasi serta Komite Investasi dan Committee, the Nomination and Remuneration
Manajemen Risiko. Selain itu, kinerja Dewan Komisaris Committee, and the Investment and Risk Management
juga dibantu oleh Sekretaris Dewan Komisaris. Committee. Additionally, the performance of the Board
of Commissioners is also supported by the Secretary of
the Board of Commissioners.
Komite Audit Audit Committee
Komite Audit bertanggung jawab memberikan masukan The Audit Committee is responsible for providing advice
kepada Dewan Komisaris terkait pengendalian internal, to the Board of Commissioners on matters related to
pelaksanaan fungsi audit internal dan eksternal, internal control, the execution of internal and external
manajemen risiko, kepatuhan terhadap hukum dan audit functions, risk management, compliance with
regulasi, serta penerapan prinsip-prinsip GCG. laws and regulations, as well as the implementation of
GCG principles.
Pembentukan Komite Audit di Perseroan telah sesuai The establishment of the Audit Committee within the
dengan ketentuan dan peraturan perundang-undangan Company has complied with the following laws and
sebagai berikut: regulations:
1. Undang-Undang No. 40 Tahun 2007 tentang 1. Law No. 40 of 2007 on Limited Liability
Perseroan Terbatas. Companies.
2. Undang-Undang No. 19 Tahun 2003 tentang 2. Law No. 19 of 2003 on State-Owned Enterprises
BUMN. (SOEs).
3. Peraturan Menteri Negara Badan Usaha Milik 3. Regulation of the Minister of State-Owned
Negara Nomor PER-06/MBU/04/2021 tahun Enterprises Number PER-06/MBU/04/2021 on
2021 tentang Perubahan Atas Peraturan Menteri Amendments to the Regulation of the Minister of
Badan Usaha Milik Negara State-Owned Enterprises Number PER-12/
Nomor PER-12/MBU/2012 tanggal 24 Agustus MBU/2012 dated 24 August 2012 on the
2012 tentang Organ Pendukung Dewan Komisaris/ Supporting Organs of the Board of Commissioners/
Dewan Pengawas Badan Usaha Milik Negara. the Board of Supervisors of State-Owned
Enterprises.
4. Peraturan Menteri Negara BUMN 4. Regulation of the Minister of State-Owned
No. Per-2/ MBU/03/2023 tentang Pedoman Tata Enterprises No. Per-2/MBU/03/2023 on Manual
Kelola dan Kegiatan Korporasi Signifikan Badan for Governance and Significant Corporate
Usaha Milik Negara. Activities of State-Owned Enterprises.
5. Undang-undang No. 8/1995 tentang Pasar 5. Law No. 8/1995 on Capital Markets.
Modal.
6. Peraturan Otoritas Jasa Keuangan 6. Regulation of the Financial Services Authority No.
No. 55/POJK.04/2015 tentang Pembentukan 55/POJK.04/2015 on the Establishment and
dan Pedoman Pelaksanaan Kerja Komite Audit. Manual for the Implementation of Audit
Committees.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 391
Page 392
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Komposisi Komite Audit Composition of the Audit Committee
Komite Audit Perseroan dibentuk berdasarkan Surat The Company’s Audit Committee is formed based on
Keputusan No.Kpts-001/DK/PGE/2024-S0 tanggal Decree No.Kpts-001/DK/PGE/2024-S0 dated 1
1 Februari 2024 tentang Penetapan dan Pengangkatan February 2024 on the Determination and Appointment
Anggota Komite Audit PT Pertamina Geothermal of Members of the Audit Committee of PT Pertamina
Energy Tbk, No.Kpts-012/DK/PGE/2024-S0 tanggal Geothermal Energy Tbk, Decree No.Kpts-012/DK/
29 Mei 2024 tentang Penetapan dan Pengangkatan PGE/2024-S0 dated 29 May 2024 on the
Anggota Komite Audit PT Geothermal Energy Tbk serta Determination and Appointment of Members of the
pembaruan Surat Keputusan Dewan Komisaris No. Audit Committee of PT Pertamina Geothermal Energy
Kpts-016/DK/PGE/2024-S0 tanggal 1 Agustus 2024 Tbk, as well as the updated Decree No.Kpts-016/DK/
tentang Penetapan dan Pengangkatan Anggota Komite PGE/2024-S0 dated 1 August 2024 on the
Audit PT Pertamina Geothermal Energy Tbk. Determination and Appointment of Members of the
Audit Committee of PT Pertamina Geothermal Energy
Tbk.
Sesuai dengan Piagam Komite Audit, Komite Audit According to the Audit Committee Chapter, the Audit
terdiri dari paling sedikit satu Komisaris Independen Committee consists of at least one Independent
Perseroan dan dua anggota lainnya yang tidak Commissioner of the Company and two other members
terafiliasi dengan Perseroan. Pada tahun 2024 terdapat who are not affiliated with the Company. In 2024, the
perubahan komposisi Komite Audit sebagai berikut: composition of the Audit Committee changed as
follows:
• Berakhirnya masa jabatan Sarman Simanjorang • Sarman Simanjorang’s term as Chair concluded
sebagai Ketua dan digantikan oleh Abdulla Zayed and was succeeded by Abdulla Zayed on 29 May
pada 29 Mei 2024. 2024.
• Berakhirnya masa jabatan Bintang Sarwo Budhi • Bintang Sarwo Budhi’s term as Member concluded
sebagai Anggota pada 1 Februari 2024. on 1 February 2024.
• Mulai menjabatnya Rafi Rakhmadhan sebagai • Rafi Rakhmadhan officially commenced his term as
anggota pada 1 Februari 2024. a member on 1 February 2024.
• Mulai menjabatnya Abdul Musawir Yahya sebagai • Abdul Musawir Yahya officially commenced his
anggota pada 1 Agustus 2024 term as a member on 1 August 2024.
Dengan demikian, komposisi Komite Audit PGE per Thus, the composition of PGE’s Audit Committee as of
akhir tahun 2024 adalah sebagai berikut: the end of 2024 is as follows:
Nama Jabatan Periode Menjabat
Name Position Term of Office
Sarman Simanjorang Ketua / Chair 1 Januari 2024 - 29 Mei 2024
1 January 2024 - 29 May 2024
Abdulla Zayed Ketua / Chair 29 Mei 2024 - 31 Desember 2024
29 May 2024 - 31 December 2024
Rafi Rakhmadhan Anggota / Member 1 Februari 2024- 31 Desember 2024
1 February 2024- 31 December 2024
Qatro Romandhi Anggota / Member 25 Februari 2022 - 31 Desember 2024
25 February 2024- 31 December 2024
392 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Profil Komite Audit per 31 Desember 2024
Audit Committee Profile as of 31 December 2024
Abdulla Zayed
Ketua Komite Audit
Chairperson of the Audit Committee
Dasar hukum penugasan sebagai The legal basis for the appointment as
Ketua Komite Audit adalah Surat Chair of the Audit Committee is Decree
Keputusan Dewan Komisaris No.Kpts- N o.Kpts-012/DK/PGE/2024-S0
012/DK/PGE/2024-S0 tanggal 29 dated 29 May 2024 and the
Mei 2024 dan perubahan Surat amendment to Decree No. Kpts-016/
Keputusan No. Kpts-016/DK/ DK/PGE/2024-S0 dated 1 August
PGE/2024-S0 Tanggal 1 Agustus 2024 on the Determination and
2024 Tentang Penetapan dan Appointment of Members of the Audit
Pengangkatan Anggota Komite Audit Committee of the Board of
Dewan Komisaris PT Pertamina Commissioners of PT Pertamina
Geothermal Energy Tbk. Geothermal Energy Tbk.
Abdulla Zayed juga merupakan Abdulla Zayed also serves as PGE’s
Komisaris Independen PGE dan Independent Commissioner and
memiliki keahlian di bidang teknik, possesses expertise in engineering,
energi baru dan terbarukan, new and renewable energy, risk
manajemen risiko, dan keuangan. management and finance. His profile
Profil beliau dapat dilihat pada can be found in the Board of
bagian Profil Dewan Komisaris di Bab Commissioners Profile section of the
Profil Perusahaan dalam Laporan Company Profile Chapter in this
Tahunan ini. Annual Report.
Abdul Musawir Yahya
Anggota Komite Audit
Audit Committee Member
Dasar hukum penugasan sebagai The legal basis for the appointment as
Anggota Komite Audit adalah Surat Members of the Audit Committee is
Keputusan Dewan Komisaris No. Kpts- Decree Kpts-016/DK/PGE/2024-S0
016/DK/PGE/2024-S0 Tanggal dated 1 August 2024 on the
1 Agustus 2024 Tentang Penetapan Determination and Appointment of
Dan Pengangkatan Anggota Komite Members of the Audit Committee of
Audit Dewan Komisaris PT Pertamina the Board of Commissioners of PT
Geothermal Energy Tbk. Pertamina Geothermal Energy Tbk.
Abdul Musawir Yahya juga merupakan Abdul Musawir Yahya also serves as
Komisaris Independen PGE dan memiliki PGE’s Independent Commissioner and
keahlian di bidang Hukum dan possesses expertise in Law and
Manajemen. Profil beliau dapat dilihat Management. His profile can be
pada bagian Profil Dewan Komisaris di found in the Board of Commissioners
Bab Profil Perusahaan dalam Laporan Profile section of the Company Profile
Tahunan ini. Chapter in this Annual Report.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 393
Page 394
07 TATA KELOLA PERUSAHAAN
Rafi Rakhmadhan
CORPORATE GOVERNANCE
Anggota Komite Audit
Audit Committee Member
Kewarganegaraan : Warga Negara Indonesia
Nationality Indonesian
Usia | Age : 39 tahun / years old
Domisili | Domicile : Tangerang Selatan / South Tangerang
Dasar Hukum Penunjukan : Berdasarkan Surat Keputusan No.Kpts-001/DK/PGE/2024-S0 tanggal 1 Februari 2024 dan perubahan Surat
Legal Basis of Appointment : Keputusan No. Kpts-016/DK/PGE/2024-S0 Tanggal 1 Agustus 2024 Tentang Penetapan Dan Pengangkatan
Anggota Komite Audit Dewan Komisaris PT Pertamina Geothermal Energy Tbk.
Based on Decree No.Kpts-001/DK/PGE/2024-S0 dated 1 February 2024 and the amendment to Decree No.
Kpts-016/DK/PGE/2024-S0 dated 1 August 2024 on the Determination and Appointment of Members of the
Audit Committee of the Board of Commissioners of PT Pertamina Geothermal Energy Tbk.
Periode Menjabat : • 1 Februari 2024 - 31 Januari 2027
Term of Office : • 1 February 2024 - 31 January 2027
Latar Belakang Pendidikan : • Sarjana Akuntansi, Universitas Terbuka (2012 - 2015)
Educational Background : • Sarjana Diploma 3 Perpajakan, Sekolah Tinggi Akuntansi Negara (2003 - 2006)
• Bachelor of Accounting, Universitas Terbuka (2012 - 2015)
• Diploma 3 in Taxation, State College of Accounting (2003 - 2006)
Sertifikasi : -
Certifications :
Pelatihan dan Pengembangan -
Kompetensi :
Competency Training and
Development :
Bidang Keahlian : Akuntansi
Areas of Expertise : Accounting
Pengalaman Kerja : • Subkoordinator - Asisten Deputi Bidang Industri Energi, Minyak dan Gas (2020 - 2022)
Work Experience : • Analisis Kinerja BUMN - Keasdepan Bidang Sarana dan Prasarana Perhubungan
(2015 – 2020)
• Subcoordinator - Assistant Deputy for Energy, Oil, and Gas Industries (2020 - 2022)
• SOEs Performance Analyst - Assistant Deputy for Transportation Infrastructure and Facilities (2015-2020)
Rangkap Jabatan : Subkoordinator pada Bagian Tata Usaha dan Keuangan (2022 - sekarang)
Concurrent Position : Subcoordinator in the Administration and Finance Division (2022 - present)
Tidak memiliki hubungan afiliasi dengan anggota Dewan Komisaris, Direksi dan Pemegang Saham Pengendali
Hubungan Afiliasi :
Does not have any affiliations with members of the Board of Directors, or fellow members of the Board of
Affiliate Relations :
Commissioners, nor with the controlling shareholders.
394 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Qatro Romandhi
Anggota Komite Audit
Audit Committee Member
Kewarganegaraan : Warga Negara Indonesia
Nationality Indonesian
Usia | Age : 48 tahun / years old
Domisili | Domicile : Jakarta Timur / East Jakarta
Dasar Hukum Penunjukan : Berdasarkan Surat Keputusan No. 010/Kpts/DK-PGE/2022-S0 tanggal 1 Maret 2022 dan perubahan Surat
Legal Basis of Appointment : Keputusan No. Kpts-016/DK/PGE/2024-S0 Tanggal 1 Agustus 2024 Tentang Penetapan Dan Pengangkatan
Anggota Komite Audit Dewan Komisaris PT Pertamina Geothermal Energy Tbk.
Based on Decree No. 010/Kpts/DK-PGE/2022-S0 dated 1 March 2024 and the amendment to Decree
No. Kpts-016/DK/PGE/2024-S0 dated 1 August 2024 on the Determination and Appointment of Members of the
Audit Committee of the Board of Commissioners of PT Pertamina Geothermal Energy Tbk.
Periode Menjabat : • 25 Februari 2022 - 31 Agustus 2026
Term of Office : • 25 February 2024 - 31 August 2026
Latar Belakang Pendidikan : • Sarjana Teknik Elektro, Institut Sains dan Teknologi Nasional (ISTN) Jakarta (1994 - 1999)
Educational Background : • Magister Manajemen Teknologi, Institut Sains dan Teknologi Nasional (ISTN) Jakarta (2002 - 2004)
• Master of Science Energy Management, University of Twente Belanda (2007 - 2008)
• Bachelor of Electrical Engineering, National Institute of Science and Technology (ISTN)
(1994 - 1999)
• Master of Technology Management, National Institute of Science and Technology (ISTN) Jakarta (2002 -
2004)
• Master of Science in Energy Management, University of Twente, Netherlands (2007 - 2008)
Sertifikasi : • Certified Risk Management Officer (CRMO)
Certifications : • Ahli Manajemen Risiko Organisasi Terintegrasi
• Sistem Manajemen Risiko
• Certified Risk Management Officer (CRMO)
• Integrated Organizational Risk Management Expert
• Risk Management Systems
Pelatihan dan Pengembangan • Prospek Bisnis Green Hydrogen yang dilaksanakan di Batam oleh Direktorat Jenderal EBTKE - Kementerian
Kompetensi : ESDM (17 Mei 2024)
Competency Training and • Accelerating Net Zero and Unlocking Indonesia Carbon Market Potential Through IDX Carbon (Indonesia
Development : Carbon Exchange) yang dilaksanakan di Batam oleh Bursa Efek Indonesia (17 Mei 2024)
• Carbon Market yang dilaksanakan di Batam oleh PT Pertamina (Persero) (17 Mei 2024)
• Sosialisasi dan Workshop GCG yang dilaksanakan Daring oleh Assegaf Hamzah & Partner (25 Juni 2024)
• Indonesia International Geothermal Convention & Exhibition (IIGCE) 2024 yang dilaksanakan di Jakarta
oleh Asosiasi Panas Bumi Indonesia (18 September 2024)
• Mitigating Risk, Maximizing Value: Turning Risk into Positive Energy yang dilaksanakan di NTT oleh Direktorat
Manajemen Risiko PT Pertamina (Persero) (1 November 2024)
• Strategi Penguatan Manajemen Risiko di PGEO: Meningkatkan Kapasitas dan Mengoptimalkan Pertumbuhan
Berkelanjutan yang dilaksanakan di NTT oleh Kementerian Badan Usaha Milik Negara (1 November 2024)
• Green Hydrogen Business Prospect held in Batam by the Directorate General of New, Renewable Energy, and
Energy Conservation (EBTKE) - the Ministry of Energy and Mineral Resources (17 May 2024)
• Accelerating Net Zero and Unlocking Indonesia Carbon Market Potential Through IDX Carbon (Indonesia
Carbon Exchange) held in Batam by the Indonesia Stock Exchange (17 May 2024)
• Carbon Market held in Batam by PT Pertamina (Persero) (17 May 2024)
• GCG Dissemination and Workshop held virtually by Assegaf Hamzah & Partner (25 June 2024)
• Indonesia International Geothermal Convention & Exhibition (IIGCE) 2024 convened in Jakarta by the
Indonesian Geothermal Association (18 September 2024)
• Mitigating Risk, Maximizing Value: Turning Risk into Positive Energy held in NTT by the Risk Management
Directorate of PT Pertamina (Persero) (1 November 2024)
• Strategy for Strengthening Risk Management at PGEO: Improving Capacity and Optimizing Sustainability
Growth, held in NTT by the Ministry of State-Owned Enterprises (1 November 2024)
2024 Annual Report PT Pertamina Geothermal Energy Tbk 395
Page 396
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Bidang Keahlian : Manajemen Risiko (CRMO dan CRMP), Good Corporate Governance, Audit, Perencanaan Anggaran, Keuangan,
Areas of Expertise : Geothermal
Risk Management (CRMO and CRMP), Good Corporate Governance, Audit, Budget Planning, Finance,
Geothermal
Pengalaman Kerja : • Inspektur I di Inspektorat Jenderal KESDM (16 Januari 2025 - sekarang)
Work Experience : • Koordinator Perencanaan Program dan Anggaran, Fungsional Perencana Madya di Biro Perencanaan
Sekretariat Jenderal KESDM (1 Januari 2024 - 16 Januari 2025)
• Koordinator Perencanaan Energi, Fungsional Perencana Madya di Direktorat Konservasi Energi, Direktur
Jenderal Energi Baru, Terbarukan, dan Konservasi Energi (DJEBTKE) (Juli 2021 - Desember 2023)
• Kepala Bagian Rencana dan Laporan, di Sekretariat Direktorat Jenderal, Direktur Jenderal Energi Baru,
Terbarukan, dan Konservasi Energi (DJEBTKE) (Juni 2016 - Juli 2021)
• Kepala Seksi Implementasi Teknologi Energi Bersih Direktorat Konservasi Energi, Direktur Jenderal Energi
Baru, Terbarukan, dan Konservasi Energi (EBTKE) (2015 - 2016)
• Kepala Seksi Prakiraan Kebutuhan Energi Direktorat Konservasi Energi, Direktur Jenderal Energi Baru,
Terbarukan, dan Konservasi Energi (EBTKE) (2011 - 2015)
• Kepala Seksi Program Pemanfaatan Energi Direktorat Pemanfaatan Energi, Direktur Jenderal Energi Baru,
Terbarukan, dan Konservasi Energi (EBTKE) (2009 - 2011)
• Inspector I at Inspectorate General of the Ministry of Energy and Mineral Resources (KESDM)
(16 January 2025 - present)
• Coordinator of Program and Budget Planning, Associate Planning Officer at the Bureau of Planning of the
Secretariat General of the Ministry of Energy and Mineral Resources (KESDM)
(1 January 2024 - 16 January 2025)
• Coordinator of Energy Planning, Associate Planning Officer at the Directorate of Energy Conservation,
Directorate General of New, Renewable Energy, and Energy Conservation (DJEBTKE)
(July 2021- December 2023)
• Head of Planning and Reporting Division at the Directorate General Secretariat, Directorate General of
New, Renewable Energy, and Energy Conservation (DJEBTKE) (June 2016 - July 2021)
• Head of Clean Energy Technology Implementation Section at the Directorate of Energy Conservation,
Directorate General of New, Renewable Energy, and Energy Conservation (EBTKE) (2015 - 2016)
• Head of Energy Demand Forecasting Section at the Directorate of Energy Conservation, Directorate
General of New, Renewable Energy, and Energy Conservation (EBTKE) (2011 - 2015)
• Head of Energy Utilization Program Section at the Directorate of Energy Utilization, Directorate General of
New, Renewable Energy, and Energy Conservation (EBTKE) (2009 - 2011)
Rangkap Jabatan : Inspektur I di Inspektorat Jenderal KESDM (16 Januari 2025 – sekarang)
Concurrent Position : Inspector I at Inspectorate General of the Ministry of Energy and Mineral Resources (KESDM)
(16 January 2025 - present)
Tidak memiliki hubungan afiliasi dengan anggota Dewan Komisaris, Direksi dan Pemegang Saham Pengendali
Hubungan Afiliasi :
Does not have any affiliations with members of the Board of Directors, or fellow members of the Board of
Affiliate Relations : Commissioners, nor with the controlling shareholders.
Independensi Komite Audit Independence of the Audit
Committee
Perseroan menerapkan independensi anggota Komite The Company ensures the independence of the Audit
Audit melalui Komisaris Independen yang menjabat Committee members through the appointment of an
sebagai Ketua Komite Audit, serta status anggota Independent Commissioner as the Chair of the Audit
Komite Audit lainnya yang merupakan pihak eksternal Committee, as well as the status of other Audit
yang independen. Hal ini sesuai dengan penerapan Committee members who are independent external
kriteria independensi anggota Komite Audit di dalam parties. This aligns with the independence criteria for
Peraturan Otoritas Jasa Keuangan Audit Committee members as stipulated in the Financial
No.55/POJK.04/2015 tentang Pembentukan dan Services Authority (OJK) Regulation No. 55/
Pedoman Pelaksanaan Kerja Komite Audit. POJK.04/2015 on the Establishment and Guidelines
for the Implementation of the Audit Committee’s Work.
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Pernyataan Independensi Komite Audit
Statement of Independence of the Audit Committee
Abdul Bintang
No. Pernyataan Independensi Sarman Abdulla Rafi Qatro
Musawir Sarwo
Statement of Independence Simanjorang3 Zayed4 Rakhmadhan2 Romandhi
Yahya4 Budhi1
1 Tidak bekerja atau memiliki wewenang
untuk merencanakan, memimpin,
mengendalikan, atau mengawasi kegiatan
Perseroan dalam 6 bulan terakhir.
Not working or has authority to plan, lead,
control, or supervise the Company’s
activities for the last six months.
2 Tidak secara langsung maupun tidak
langsung memiliki saham di Perseroan.
Not directly or indirectly owning any shares
in the Company.
3 Tidak memiliki hubungan afiliasi dengan
Perseroan atau pemegang saham utama/
pengendali atau salah satu anggota
Dewan Komisaris atau Direksi.
Not having any affiliation with the Company
or the ultimate/controlling shareholders or
one of members of the Board of
Commissioners or the Board of Directors.
4 Tidak memiliki hubungan kerja/ profesional
langsung maupun tidak langsung dengan
Perseroan.
Not directly or indirectly having any work or
professional relationship with the Company.
Keterangan : Notes:
1
Tidak lagi menjabat sejak 31 Januari 2024 1
No longer serving since 31 January 2024
2
Mulai menjabat sejak 1 Februari 2024 2
Served from 1 February 2024
3
Tidak lagi menjabat sejak 28 Mei 2024 3
No longer serving since 28 May 2024
4
Mulai menjabat sejak 28 Mei 2024 4
Served from 28 May 2024
5
Mulai menjabat sejak 31 Juli 2024 5
Served from 31 July 2024
Piagam Komite Audit Audit Committee Charter
Piagam Komite Audit adalah pedoman kerja Komite The Audit Committee Charter serves as the working
Audit yang berisi tugas dan tanggung jawab Komite guidelines for the Audit Committee, outlining its duties
Audit dalam membantu pelaksanaan pengawasan and responsibilities in assisting the Board of
Dewan Komisaris. Piagam tersebut disahkan melalui Commissioners in performing its supervisory functions.
Surat Keputusan Dewan Komisaris Surat Keputusan The charter was ratified through the Board of
No. Kpts-016/DK/PGE/2024-S0 Tanggal 1 Agustus Commissioners' Decree No. Kpts-016/DK/
2024 Tentang Penetapan dan Pengangkatan Anggota PGE/2024-S0 dated 1 August 2024 on the
Komite Audit Dewan Komisaris PT Pertamina Establishment and Appointment of Members of the
Geothermal Energy Tbk. Audit Committee of the Board of Commissioners of PT
Pertamina Geothermal Energy Tbk.
Penyusunan piagam audit bertujuan untuk: The Purpose of the Audit Committee Charter Preparation
is:
• Menjadi rujukan/pedoman tentang tugas, • To serve as a reference and guideline outlining the
tanggung jawab, dan wewenang Komite Audit. duties, responsibilities, and authority of the Audit
Committee.
• Meningkatkan kualitas dan efektivitas kerja Komite • To enhance the quality and effectiveness of the
Audit sebagai organ pendukung Dewan Komisaris Audit Committee’s work as a supporting body to
. the Board of Commissioners.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 397
Page 398
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
• Menerapkan prinsip-prinsip GCG di setiap • To consistently apply the principles of Good
kegiatan Perseroan secara konsisten. Corporate Governance (GCG) in all corporate
activities.
• Teridentifikasinya hal-hal yang memerlukan • To identify issues that require the Board of
perhatian Dekom melalui telaah komite Audit. Commissioners’ attention through the Audit
Committee’s review.
Isi piagam Komite Audit mencakup: Contents of the Audit Committee Charter:
• Pendahuluan • Introduction
• Tujuan • Objectives
• Komposisi, struktur, masa tugas dan persyaratan • Composition, structure, term of office, and
keanggotaan Komite Audit membership requirements of the Audit Committee
• Tugas, tanggung jawab dan wewenang • Duties, responsibilities, and authority
• Tata cara, prosedur kerja dan penyelenggaraan • Procedures, working methods, and meeting
rapat organization
• Sistem pelaporan kegiatan • Reporting system for activities
• Penanganan pengaduan atau pelaporan • Handling complaints or reports related to alleged
sehubungan dengan dugaan pelanggaran terkait violations regarding financial reporting
pelaporan keuangan
Tugas dan Tanggung Jawab Komite Duties and Responsibilities of the
Audit Audit Committee
Tugas dan tanggung jawab Komite Audit adalah: The duties and responsibilities of the Audit Committee
include:
1. Menelaah informasi keuangan yang akan 1. Reviewing financial information that will be
dikeluarkan oleh Perseroan kepada publik dan/ disclosed by the Company to the public and/or
atau pihak otoritas antara lain laporan keuangan, regulatory authorities, including but not limited to
proyeksi dan laporan lainnya yang terkait dengan financial statements, projections, and other reports
informasi keuangan Perseroan. related to the Company’s financial information.
2. Menelaah ketaatan terhadap peraturan 2. Evaluating compliance with laws and regulations
perundang-undangan yang berhubungan dengan relevant to the Company’s operations.
kegiatan Perseroan.
3. Memberikan pendapat independen dalam hal 3. Providing an independent opinion in cases of
terjadinya perbedaaan pendapat antara discrepancies between management and
manajemen dan akuntan atas jasa yang diberikan. accountants regarding the services rendered.
4. Memberikan rekomendasi kepada Dewan 4. Recommending the appointment of a Public
Komisaris mengenai penunjukan Akuntan Publik Accountant to the Board of Commissioners, based
yang didasarkan pada independensi, ruang on considerations of independence, scope of work,
lingkup penugasan dan imbalan jasa. and service fees.
5. Mendiskusikan Rencana audit yang meliputi sifat 5. Discussing the audit plan, including the nature and
dan ruang lingkup audit, menelaah kecukupan scope of the audit, assessing the adequacy of the
pemeriksaan dengan mempertimbangkan semua audit process by considering all significant risks
risiko penting, dan memastikan koordinasi bila and ensuring proper coordination when more than
ditugaskan lebih dari satu Akuntan Publik. one Public Accountant is engaged.
6. Menelaah perencanaan, pelaksanaan dan 6. Reviewing, monitoring, and overseeing the follow-
mengawasi pelaksanaan tidak lanjut oleh Direksi up actions taken by the Board of Directors
atas temuan auditor internal maupun eksternal. regarding findings from both internal and external
auditors.
7. Menelaah dan melaporkan kepada Dewan 7. Examining and reporting to the Board of
Komisaris atas pengaduan yang berkaitan dengan Commissioners on complaints related to the
proses akuntansi dan pelaporan keuangan Company’s accounting and financial reporting
Perseroan, termasuk apabila terdapat dugaan processes, including any alleged misjudgments in
adanya kesalahan keputusan rapat Direksi atau Board of Directors’ decisions or deviations from the
penyimpangan pelaksanaan hasil keputusan rapat implementation of Board of Directors’ resolutions.
Direksi.
8. Apabila diperlukan, Komite Audit dapat melakukan 8. If necessary, conducting investigations
pemeriksaan baik oleh Komite Audit sendiri independently or by engaging third parties. The
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maupun dengan menugaskan pihak ketiga. findings must be submitted to the Board of
Laporan tersebut harus diserahkan kepada Dewan Commissioners no later than two working days
Komisaris selambat-lambatnya dua hari kerja after the report is finalized.
setelah selesainya laporan.
9. Menelaah dan memberikan saran kepada Dewan 9. Assessing and providing recommendations to the
Komisaris terkait dengan adanya potensi benturan Board of Commissioners regarding potential
kepentingan Perseroan, yaitu dalam hal terdapat conflict of interests within the Company, particularly
perbedaan antara kepentingan ekonomis when there are differences between the Company’s
Perseroan dengan kepentingan ekonomis pribadi economic interests and the personal economic
pemilik, anggota Dewan Komisaris, anggota interests of shareholders, members of the Board of
Direksi, Pejabat Eksekutif, dan/atau pihak terkait Commissioners, members of the Board of Directors,
dengan Perseroan. Executive Officers and/or related parties.
10. Membantu Dewan Komisaris dalam melakukan 10. Assisting the Board of Commissioners in actively
pengawasan aktif terhadap fungsi kepatuhan. overseeing compliance functions.
11. Mengevaluasi pelaksanaan Fungsi Kepatuhan 11. Evaluating the implementation of the Company’s
Perseroan terhadap peraturan internal dan compliance function with internal regulations and
peraturan perundang-undangan yang legal provisions at least twice a year.
berhubungan dengan kegiatan Perseroan paling
kurang dua kali dalam satu tahun.
12. Memberikan saran-saran dalam rangka 12. Providing recommendations to enhance the quality
meningkatkan kualitas fungsi kepatuhan Perseroan. of the Company’s compliance function.
13. Memberikan rekomendasi kepada Dewan 13. Recommending to the Board of Commissioners the
Komisaris mengenai pengangkatan, pemberhentian appointment, dismissal, and performance
serta penilaian kinerja Kepala Unit Audit Internal. evaluation of the Head of the Internal Audit Unit.
14. Menjaga kerahasiaan dokumen, data dan 14. Maintaining the confidentiality of Company
informasi Perseroan. documents, data, and information.
15. Melakukan penelaahan terhadap aktivitas 15. Reviewing the implementation of the Company’s
pelaksanaan manajemen risiko yang dilakukan risk management activities conducted by the Board
oleh Direksi. of Directors.
Wewenang Komite Audit Authorities of the Audit Committee
Komite Audit berwenang untuk: The Audit Committee is authorized to:
• Mengakses dokumen, data dan informasi • Access the Company’s documents, data, and
Perseroan tentang karyawan, dana, aset serta information related to employees, funds, assets,
sumber daya Perseroan yang diperlukan. and resources as necessary.
• Berkomunikasi langsung dengan karyawan • Communicate directly with the Company’s
Perseroan termasuk Direksi dan/atau Senior employees, including the Board of Directors and/
Eksekutif/Officer dan pihak yang menjalankan or Senior Executives/Officers, as well as those
fungsi audit internal, manajemen risiko, serta responsible for internal audit functions, risk
akuntan terkait tugas dan tanggung jawab Komite. management, and accountants, in relation to the
• Dapat melibatkan pihak independen di luar Komite Committee’s duties and responsibilities.
Audit yang diperlukan untuk membantu • Engage independent external parties, if necessary,
pelaksanaan tugasnya (jika diperlukan). to assist in conducting its functions.
• Melakukan kewenangan lain yang diberikan oleh • Exercise other authorities granted by the Board of
Dewan Komisaris. Commissioners.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 399
Page 400
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Kebijakan dan Pelaksanaan Rapat Audit Committee Meeting Policy and
Komite Audit Implementation
• Rapat Komite dilakukan paling kurang satu kali • The Audit Committee convened meetings at least
dalam tiga bulan. once every three months.
• Dipimpin oleh Ketua Komite Audit namun apabila • Meetings are chaired by the Chair of the Audit
Ketua Komite Audit berhalangan hadir maka rapat Committee. In the event of their absence, the
akan dipimpin oleh anggota komite lainnya yang meeting will be led by another independent
independen yang dipilih oleh anggota komite committee member chosen by the attending
yang hadir dalam rapat tersebut. members.
• Rapat dapat diselenggarakan baik dengan • Meetings may be held either in person or virtually.
kehadiran secara fisik maupun non fisik.
• Rapat yang dihadiri secara fisik paling kurang dua • At least two meetings per year must be conducted
kali dalam setahun. with in-person attendance.
• Rapat yang tidak dihadiri secara fisik dilakukan • Non-physical meetings can be held via
melalui media telekonferensi, video konferensi, teleconference, video conference, or other
atau sarana media elektronik lainnya yang electronic media that allow all participants to see,
memungkinkan semua peserta Rapat Komite saling hear, and engage in discussions in real time.
melihat dan mendengar secara langsung serta
berpartisipasi dalam rapat.
• Rapat Komite hanya dapat dilaksanakan bila • Meetings can only proceed if attended by at least
dihadiri oleh paling kurang 51% (lima puluh satu 51% of the total committee members, including at
persen) dari jumlah anggota termasuk kehadiran least one Independent Commissioner.
seorang Komisaris lndependen.
• Sekretaris Komite Audit akan mencatat jalannya • The Audit Committee Secretary records the minutes
rapat. Apabila Sekretaris Komite Audit of the meeting. If the Secretary is unavailable, a
berhalangan hadir, maka perwakilan dari Unit representative from the Internal Audit Unit will
Audit Internal akan menggantikannya sebagai serve as the meeting secretary.
Sekretaris Komite dalam Rapat tersebut.
• Keputusan rapat Komite Audit dilakukan • Decisions are made based on amicable
berdasarkan musyawarah untuk mufakat. Dalam deliberation and consensus. If consensus cannot
hal keputusan musyawarah untuk mufakat tidak be reached, decisions are made by majority vote.
tercapai, maka pengambilan keputusan dilakukan
berdasarkan suara terbanyak.
• Hasil rapat Komite wajib dituangkan dalam risalah • The minutes of the meeting must be documented
rapat dan didokumentasikan secara baik. properly.
• Hasil Rapat ditandatangani seluruh anggota • The meeting result should be signed by all
Komite Audit yang hadir, dibagikan kepada attending committee members distributed to all
seluruh anggota dan disampaikan kepada Dewan members, and submitted to the Board of
Komisaris. Commissioners.
• Perbedaan pendapat (dissenting opinions) yang • Any dissenting opinions must be explicitly recorded
terjadi dalam rapat Komite Audit wajib in the minutes along with the grounds.
dicantumkan secara jelas dalam risalah rapat
beserta alasannya.
Pada tahun 2024, Komite Audit melaksanakan rapat In 2024, the Audit Committee held seven internal
internal sebanyak tujuh kali. Selain itu, Komite Audit meetings, attended 12 joint meetings with the Board of
juga menghadiri rapat gabungan Dewan Komisaris Commissioners and the Board of Directors, participated
dengan Direksi sebanyak 12 kali dan rapat gabungan in 23 joint functional meetings, paid six site visits to
fungsi sebanyak 23 kali. Pelaksanaan kunjungan kerja/ PGE’s Geothermal Concession Areas (WKP), and
site visit ke WKP PGE enam, dan program engaged in nine competency development programs,
pengembangan kompetensi sebanyak sembilan kali. achieving a Key Performance Indicator (KPI) of 156.3%.
KPI Komite Audit pada tahun 2024 mencapai 156,3%.
400 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 401
Kehadiran Komite Audit dalam Rapat Internal
Audit Committee Attendance in Internal Meetings
Agenda, Tanggal, dan Kehadiran Komite Audit dalam Rapat Internal
Agenda, Date, and Attendance of the Audit Committee in Internal Meetings
Peserta Rapat
Tanggal Agenda
Meeting Participants
Date Agendas
SS3 AZ4 BSB1 RR2 QR AMY5
17 Januari | Laporan Komite Audit Triwulan IV Tahun
January 2024 2023, Penyampaian Audit Key Matters
Kantor Audit Publik Purwantono,
Sungkoro & Surja (Ernst & Young)
- - - -
Q4 2023 Audit Committee Report,
Presentation of Key Audit Matters by
Public Accounting Firm Purwantono,
Sungkoro & Surja (Ernst & Young)
25 Mei | Rapat internal terkait telaah Telaah
May 2024 Rancangan Draft Rencana Jangka
Panjang Perusahaan PGE Tahun
2025-2029 - - -
Internal meeting to review the draft of
PGE's Long-Term Corporate Plan
(2025–2029)
27 Mei | Rapat Internal terkait Penilaian Hasil
MayMay Pekerjaan Kantor Audit Publik Tahun
2024 Buku 2023 dan Rekomendasi Kantor
Audit Publik Tahun Buku 2023 - - -
Internal meeting on the assessment of the
2023 financial year audit results and
recommendations for the selection of a
public accounting firm
4 Juli | July Telah Komite Audit atas Rancangan
Draft Rencana Jangka Panjang
2024
Perusahaan PGE Tahun 2025-2029 - - - -
Audit Committee review of the draft
Long-Term Corporate Plan (2025–2029)
1 Agustus | 1. Koordinasi Komite Audit;
2. Update Piagam Audit & STK fungsi
August 2024
Internal Audit
3. Koordinasi Komite Audit perihal
Rencana kerja semester I
- - - -
1. Audit Committee coordination
2. Updates on Audit Charter &
Internal Audit Function STK
3. Coordination regarding the
first-semester work plan
10 September Pembahasan Final Investment Decision
(FID) proyek Gunung Tiga
2024
Discussion on the Final Investment - - - -
Decision (FID) for the Gunung Tiga
project
19 September Update Negosiasi Leasing Kantor
Akuntan Publik
2024 - -
Update on negotiations for leasing a
public accounting firm
Keterangan | Notes:
SS: Sarman Simanjorang, AZ: Abdulla Zayed, BSB: Bintang Sarwo Budhi, RR: Rafi Rakhmadhan,
QR: Qatro Romandhi, AMY: Abdul Musawir Yahya
1
Tidak lagi menjabat sejak 31 Januari 2024 1
No longer serving since 31 January 2024
2
Mulai menjabat sejak 1 Februari 2024 2
Served from 1 February 2024
3
Tidak lagi menjabat sejak 28 Mei 2024 3
No longer serving since 28 May 2024
4
Mulai menjabat sejak 28 Mei 2024 4
Served from 28 May 2024
5
Mulai menjabat sejak 31 Juli 2024 5
Served from 31 July 2024
2024 Annual Report PT Pertamina Geothermal Energy Tbk 401
Page 402
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Frekuensi dan Kehadiran Komite Audit dalam Rapat Internal
Frequency and Attendance of the Audit Committee in Internal Meetings
Tingkat
Nama Jabatan Jumlah Pertemuan Kehadiran
Kehadiran
Name Position Number of Meetings Attendance
Attendance Rate
Sarman Simanjorang3 Ketua / Chair 3 2 66,66%
Abdulla Zayed4 Ketua / Chair 4 3 75%
Bintang Sarwo Budhi1 Anggota / Member 1 1 100%
Rafi Rakhmadhan2 Anggota / Member 6 4 66,66%
Qatro Romandhi Anggota / Member 7 7 100%
Abdul Musawir Yahya5 Anggota / Member 3 1 33,33%
Keterangan:
Notes:
1
Tidak lagi menjabat sejak 31 Januari 2024 1
No longer serving since 31 January 2024
2
Mulai menjabat sejak 1 Februari 2024 2
Served from 1 February 2024
3
Tidak lagi menjabat sejak 28 Mei 2024 3
No longer serving since 28 May 2024
4
Mulai menjabat sejak 28 Mei 2024 4
Served from 28 May 2024
5
Mulai menjabat sejak 31 Juli 2024 5
Served from 31 July 2024
402 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 403
Kehadiran Komite Audit dalam Rapat Gabungan Dewan Komisaris dan
Direksi
Attendance of the Audit Committee in Joint Meetings of the Board of Commissioners and
the Board of Directors
Agenda, Tanggal, dan Kehadiran Komite Audit dalam Rapat Gabungan Dewan Komisaris dan Direksi
Agenda, Dates, and Attendance of the Audit Committee in Joint Meetings of the Board of Commissioners and the Board of Directors
Peserta Rapat
Tanggal Agenda Meeting Participants
Date Agendas
SS3 AZ4 BSB1 RR2 QR AMY5
29 Januari | 1. Evaluasi Pencapaian Perseroan tahun 2023 dan
January 2024 Strategi Pencapaian Target Tahun 2024
Review/Tindak Lanjut Hasil Rapat Sebelumnya
2. Executive Summary dan Kinerja Perseroan pada
Desember 2023
3. Persiapan Rencana RUPSLB, ESOP dan MESOP - -
-
1. Evaluation of the Company's 2023 Achievements
and Strategy for 2024 Targets
2. Review/Follow-up on Previous Meeting Results
3. Executive Summary and Company Performance
for December 2023
4. reparation for RUPSLB, ESOP, and MESOP
29 Februari | 1. Update Rencana Ekspansi Anorganik
February 2024 2. Update Progress Foreign Exchange Mismatch
Management
3. Update Progress Potensi Re-Organization
4. Review/Tindak Lanjut Hasil Rapat Sebelumnya
5. Executive Summary dan Kinerja Perseroan pada
Januari 2024 - -
-
1. Update on Inorganic Expansion Plan
2. Update on Foreign Exchange Mismatch
Management Progress
3. Update on Potential Re-Organization Progress
4. Review/Follow-up on Previous Meeting Results
5. Executive Summary and Company Performance
for January 2024
19 Maret | 1. Review/Tindak Lanjut Hasil Rapat Sebelumnya
March 2024 2. Executive Summary dan Kinerja Perseroan pada
Februari 2024
3. Update Proyek Hululais, Sibayak, Seulawah,
dan Lumut Balai Unit 2
4. Laporan Persiapan RUPST - - -
1. Review/Follow-up on Previous Meeting Results
2. Executive Summary and Company Performance
for February 2024
3. Update on Hululais, Sibayak, Seulawah, and
Lumut Balai Unit 2 Projects
4. AGMS Preparation Report
29 April 2024 1. Update Projek LMB-2, KTB, HLS, SBY, BDN,
SLW, Cogen & Anorganik
2. Update Pendanaan Proyek LMB2 dengan
Melemahnya JPY
3. Review/Tindak Lanjut Hasil Rapat Sebelumnya
4. Executive Summary dan Kinerja Perseroan pada
Maret 2024
5. Persiapan RUPST - -
-
1. Update on LMB-2, KTB, HLS, SBY, BDN, SLW,
Cogen & Inorganic Projects
2. Update on LMB2 Project Funding Due to JPY
Weakening
3. Review/Follow-up on Previous Meeting Results
4. Executive Summary and Company Performance
for March 2024
5. AGMS Preparation
2024 Annual Report PT Pertamina Geothermal Energy Tbk 403
Page 404
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Agenda, Tanggal, dan Kehadiran Komite Audit dalam Rapat Gabungan Dewan Komisaris dan Direksi
Agenda, Dates, and Attendance of the Audit Committee in Joint Meetings of the Board of Commissioners and the Board of Directors
Peserta Rapat
Tanggal Agenda Meeting Participants
Date Agendas
SS3 AZ4 BSB1 RR2 QR AMY5
16 Mei | 1. Review/Tindak Lanjut Hasil Rapat Sebelumnya
May 2024 2. Executive Summary dan Kinerja Perseroan pada
April 2024. - - -
1. Review/Follow-up on Previous Meeting Results
2. Executive Summary and Company Performance
for April 2024
28 Juni | 1. Progres Target 1 GW (HLS, LMB & Cogen),
June 2024 Seulawah
2. Progress Merger and Acquisition
3. Review/Tindak Lanjut Hasil Rapat Sebelumnya
4. Executive Summary dan Kinerja Perseroan pada
Mei 2024 - - -
1. Progress on 1GW Target (HLS, LMB & Cogen),
Seulawah
2. Merger and Acquisition Progress
3. Review/Follow-up on Previous Meeting Results
4. Executive Summary and Company Performance
for May 2024
30 Juli | 1. Update Progres 1GW
July 2024 2. Review/Tindak Lanjut Hasil Rapat Sebelumnya
3. Executive Summary dan Kinerja Perseroan pada
Juni 2024
4. Review Kinerja Semester I Tahun 2024 PGE - - -
1. Update on 1GW Progress
2. Review/Follow-up on Previous Meeting Results
3. Executive Summary and Company Performance
for June 2024
4. Review of PGE’s Semester 1 2024 Performance
29 Agustus | 1. Update Progres 1GW
August 2024 2. Review/Tindak Lanjut Hasil Rapat Sebelumnya
3. Executive Summary dan Kinerja Perseroan pada
Juli 2024
4. Review Kinerja Semester I Tahun 2024 PGE - - -
1. Update on 1GW Progress
2. Review/Follow-up on Previous Meeting Results
3. Executive Summary and Company Performance
for July 2024
4. Review of PGE’s Semester 1 2024 Performance
25 September 1. Update Proyek Mira
2024 2. Update Progres 1GW
3. Review/Tindak Lanjut Hasil Rapat Sebelumnya
4. Executive Summary dan Kinerja Perseroan pada
Agustus 2024. -
-
1. Update on Mira Project
2. Update on 1GW Progress
3. Review/Follow-up on Previous Meeting Results
4. Executive Summary and Company Performance
for August 2024
31 Oktober | 1. Review/Tindak Lanjut Hasil Rapat Sebelumnya
October 2024 2. Executive Summary dan Kinerja Perseroan pada
September 2024 - - -
1. Review/Follow-up on Previous Meeting Results
2. Executive Summary and Company Performance
for September 2024
28 November 1. Overview RKAP 2025
2024 2. Aspek Keekonomian Area Sibayak
3. Tindak Lanjut Rapat Sebelumnya
4. Executive Summary dan Kinerja Perseroan pada
Oktober 2024 - -
1. Overview of RKAP 2025
2. Economic Aspects of the Sibayak Area
3. Follow-up on Previous Meeting
4. Executive Summary and Company Performance
for October 2024
404 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 405
Agenda, Tanggal, dan Kehadiran Komite Audit dalam Rapat Gabungan Dewan Komisaris dan Direksi
Agenda, Dates, and Attendance of the Audit Committee in Joint Meetings of the Board of Commissioners and the Board of Directors
Peserta Rapat
Tanggal Agenda Meeting Participants
Date Agendas
SS3 AZ4 BSB1 RR2 QR AMY5
20 Desember| 1. Tindak Lanjut Rapat Sebelumnya
December 2. Executive Summary dan Kinerja Perseroan pada
2024 Oktober 2024
3. Tinjauan Penurunan Saham PGEO (Mitigasi dan
Strategi ke Depan). - -
-
1. Follow-up on Previous Meeting
2. Executive Summary and Company Performance
for October 2024
3. Review of PGEO Share Price Decline (Mitigation
and Future Strategies)
Keterangan | Notes:
SS: Sarman Simanjorang, AZ: Abdulla Zayed, BSB: Bintang Sarwo Budhi, RR: Rafi Rakhmadhan,
QR: Qatro Romandhi, AMY: Abdul Musawir Yahya
1
Tidak lagi menjabat sejak 31 Januari 2024 1
No longer serving since 31 January 2024
2
Mulai menjabat sejak 1 Februari 2024 2
Served from 1 February 2024
3
Tidak lagi menjabat sejak 28 Mei 2024 3
No longer serving since 28 May 2024
4
Mulai menjabat sejak 28 Mei 2024 4
Served from 28 May 2024
5
Mulai menjabat sejak 31 Juli 2024 5
Served from 31 July 2024
Frekuensi dan Kehadiran Komite Audit dalam Rapat Gabungan Dewan Komisaris dan Direksi
Frequency and Attendance of the Audit Committee in Joint Meetings of the Board of Commissioners and Board of Directors
Tingkat
Nama Jabatan Jumlah Pertemuan Kehadiran
Kehadiran
Name Position Number of Meetings Attendance
Attendance Rate
Sarman Simanjorang3 Ketua / Chair 5 5 100%
Abdulla Zayed4 Ketua / Chair 7 5 71,42%
Bintang Sarwo Budhi1 Anggota / Member 1 1 100%
Rafi Rakhmadhan2 Anggota / Member 11 11 100%
Qatro Romandhi Anggota / Member 12 12 100%
Abdul Musawir Yahya5 Anggota / Member 5 4 80%
Keterangan : Notes:
1
Tidak lagi menjabat sejak 31 Januari 2024 1
No longer serving since 31 January 2024
2
Mulai menjabat sejak 1 Februari 2024 2
Served from 1 February 2024
3
Tidak lagi menjabat sejak 28 Mei 2024 3
No longer serving since 28 May 2024
4
Mulai menjabat sejak 28 Mei 2024 4
Served from 28 May 2024
5
Mulai menjabat sejak 31 Juli 2024 5
Served from 31 July 2024
2024 Annual Report PT Pertamina Geothermal Energy Tbk 405
Page 406
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Kehadiran Komite Audit dalam Rapat Gabungan Fungsi
Audit Committee Attendance in Joint Function Meetings
Agenda, Tanggal, dan Kehadiran Komite Audit dalam Rapat Gabungan Fungsi
Agenda, Date, and Audit Committee Attendance in Joint Function Meetings
Peserta Rapat
Tanggal Agenda Meeting Participants
Date Agendas
SS3 AZ4 BSB1 RR2 QR AMY5
15 Januari | Rapat Progress Ke-1 Year End Audit Laporan
January 2024 Keuangan Konsolidasian Tahun 2023 -
Subholding PNRE - - -
-
1st Progress Meeting on the Year-End Audit of
the 2023 Consolidated Financial Statements -
Subholding PNRE
16 Januari | Evaluasi Internal Audit Triwulan IV 2023 -
January 2024 - - -
Internal Audit Evaluation for Q4 2023
17 Januari | Laporan Komite Audit Periode 2023 -
January 2024 - - -
Audit Committee Report for the 2023 Period
13 Februari | Rapat Progress Ke-5 Year End Audit Laporan
February 2024 Keuangan Konsolidasian Tahun 2023 -
Subholding PNRE - - -
5th Progress Meeting on the Year-End Audit of
the 2023 Consolidated Financial Statements -
Subholding PNRE
20 Februari | Rapat Progress Ke-6 Year End Audit Laporan
February 2024 Keuangan Konsolidasian Tahun 2023 -
Subholding PNRE - - -
6th Progress Meeting on the Year-End Audit of
the 2023 Consolidated Financial Statements -
Subholding PNRE
23 Februari | Laporan Kinerja Komite Semester II Tahun
February 2024 2023 dan Review Kinerja PGE Semester II
Tahun 2023 - - -
Audit Committee Performance Report for
Semester II 2023 and PGE Performance Review
for Semester II 2023
26 Februari | Perkenalan Pengurus Baru Perseroan dan
February 2024 Pencapaian Kinerja 2023 serta Target 2024
Introduction of the Company's New - - - - -
Management, 2023 Performance
Achievements, and 2024 Targets
27 Februari | Update Status Audit Laporan
February 2024 Keuangan PGE Tahun Buku 2023 - - -
Update on the Audit Status of PGE’s 2023
Financial Statements
4 Maret | Rapat Koordinasi Komite Audit Dewan
March 2024 Komisaris PNRE 4 Maret 2024
Audit Committee Coordination Meeting of - - -
PNRE’s Board of Commissioners – 4 March
2024
6 Maret | Telaah Revisi RKAP PGE Tahun 2024
March 2024 Review of the Revised PGE Work Plan and - - - -
Budget for 2024
20 Maret | Laporan Kinerja Internal Audit Periode Januari
March 2024 2024 dan AAP 2024, Status Pengadaan
Barang dan Jasa PGE, serta Rapat Komite
Audit Tahun Buku 2023 - - -
Internal Audit Performance Report for January
2024 and AAP 2024, Status of PGE’s Goods
and Services Procurement, and Audit Committee
Meeting for the 2023 Financial Year
31 Mei | Usulan RKAP PGE tahun 2025
May 2024 Proposed PGE Work Plan and Budget (RKAP) - - - -
for 2025
10 Juli | Review Rencana Jangka Panjang Perusahaan
July 2024 (RJPP) Tahun 2025 -2029 PGE
- - - -
Review of the PGE Long-Term Business Plan for
2025-2029
406 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 407
Agenda, Tanggal, dan Kehadiran Komite Audit dalam Rapat Gabungan Fungsi
Agenda, Date, and Audit Committee Attendance in Joint Function Meetings
Peserta Rapat
Tanggal Agenda Meeting Participants
Date Agendas
SS3 AZ4 BSB1 RR2 QR AMY5
1 Agustus | Koordinasi Komite Audit, Update Piagam Audit
August 2024 & STK Fungsi Internal Audit, Rencana
Pelaksanaan Audit IcoFR Tahun 2025, serta
Update Penugasan Tahun 2024.
- -
Audit Committee Coordination, Update on
Audit Charter & Internal Audit Function STK,
Audit ICoFR Implementation Plan for 2025, and
2024 Assignment Updates.
16 Agustus | Company Induction dan Review Kinerja PGE
August 2024 Semester I Tahun 2024 -
- -
Company Induction and PGE Performance
Review for Semester I 2024
28 Agustus | Town Hall Meeting PGE
August 2024 PGE Town Hall Meeting - - -
10 September Pelimpahan Wewenang Kantor Akuntan Publik
2024 serta Pembahasan Final Invesment Decision
(FID) Gunung Tiga.
- - -
Delegation of Authority to the Public Accounting
Firm and Final Investment Decision (FID)
Discussion for Gunung Tiga.
12 September 2024 Kick Off Meeting Audit of PT Pertamina
(Persero) Consolidated Financial Statements -
- - - -
and CSR & SME Partnership Program for the
Fiscal Year 2024
12 September 2024 Kick Off Meeting Audit Laporan Keuangan
Konsolidasian PT Pertamina (Persero) Periode
Tahun Buku 2024 -
- - - -
Kick-Off Meeting for the Audit of PT Pertamina
(Persero) Consolidated Financial Statements for
the 2024 Fiscal Year
19 September 2024 Update Negosiasi Leasing KAP
Update on Public Accounting Firm (KAP) - - -
Leasing Negotiations
23 September 2024 Koordinasi Update dan Schedule FID Project
Mira
- - - -
Coordination Update and FID Project Mira
Schedule
18 Oktober | Rapat Koordinasi Program Kerja Tahun 2025
October 2024 Coordination Meeting on the 2025 Work - - - -
Program
22 November 2024 Whistle Blowing System (WBS)
Laporan Audit Keuangan PGE kepada EY
Masdar - -
Whistle Blowing System (WBS)
PGE Financial Audit Report to EY Masdar
Keterangan : Notes:
1
Tidak lagi menjabat sejak 31 Januari 2024 1
No longer serving since 31 January 2024
2
Mulai menjabat sejak 1 Februari 2024 2
Served from 1 February 2024
3
Tidak lagi menjabat sejak 28 Mei 2024 3
No longer serving since 28 May 2024
4
Mulai menjabat sejak 28 Mei 2024 4
Served from 28 May 2024
5
Mulai menjabat sejak 31 Juli 2024 5
Served from 31 July 2024
2024 Annual Report PT Pertamina Geothermal Energy Tbk 407
Page 408
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Frekuensi dan Kehadiran Komite Audit dalam Rapat Gabungan Fungsi
Frequency and Attendance of the Audit Committee in Joint Function Meetings
Tingkat
Nama Jabatan Jumlah Pertemuan Kehadiran
Kehadiran
Name Position Number of Meetings Attendance
Attendance Rate
Sarman Simanjorang3 Ketua / Chair 11 6 54,54%
Abdulla Zayed4 Ketua / Chair 10 6 60%
Bintang Sarwo Budhi1 Anggota / Member 3 3 100%
Rafi Rakhmadhan2 Anggota / Member 20 14 70%
Qatro Romandhi Anggota / Member 23 23 100%
Abdul Musawir Yahya5 Anggota / Member 10 5 50%
Keterangan : Notes:
1
Tidak lagi menjabat sejak 31 Januari 2024 1
No longer serving since 31 January 2024
2
Mulai menjabat sejak 1 Februari 2024 2
Served from 1 February 2024
3
Tidak lagi menjabat sejak 28 Mei 2024 3
No longer serving since 28 May 2024
4
Mulai menjabat sejak 28 Mei 2024 4
Served from 28 May 2024
5
Mulai menjabat sejak 31 Juli 2024 5
Served from 31 July 2024
Pelatihan dan Pengembangan Audit Committee Competency
Kompetensi Komite Audit Training and Development
Selama tahun 2024 anggota Komite Audit telah Throughout 2024, members of the Audit Committee
mengikuti berbagai pelatihan dan pengembangan have participated in various competency training and
kompetensi untuk meningkatkan keahlian dan development programs to enhance their expertise and
pengetahuan masing-masing anggota Komite Audit, knowledge. These include:
antara lain:
408 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 409
Pelatihan dan Pengembangan Kompetensi Komite Audit
Audit Committee Competency Training and Development
Nama Jabatan Keterangan
Name Position Description
Sarman Simanjorang3 Ketua / Chair Informasi pelatihan dan pengembangan kompetensi Sarman Simanjorang
dapat dilihat pada sub bab Pelatihan Dewan Komisaris dan Direksi dalam
Bab Profil Perusahaan.
Information on Sarman Simanjorang's competency training and
development can be found in the subchapter of "Board of Commissioners
and Directors Training" in the Company Profile Chapter.
Abdulla Zayed4 Ketua / Chair Informasi pelatihan dan pengembangan kompetensi Abdulla Zayed
dapat dilihat pada sub bab Pelatihan Dewan Komisaris dan Direksi dalam
Bab Profil Perusahaan.
Information on Abdulla Zayed's competency training and development can
be found in the subchapter of "Board of Commissioners and Directors
Training" in the Company Profile Chapter.
Bintang Sarwo Budhi1 Anggota / Member Tidak Ada
None
Rafi Rakhmadhan2 Anggota / Member Informasi pelatihan dan pengembangan kompetensi Rafi Rakhmadhan
dapat dilihat pada sub bab Profil Komite Audit per
31 Desember 2024 dalam Bab Komite Di Bawah Dewan Komisaris
Information on Rafi Rakhmadhan's competency training and development
can be found in the subchapter Audit Committee Profile as of 31 December
2024 in the Chapter of Committees Under the Board of Commissioners.
Qatro Romandhi Anggota / Member Informasi pelatihan dan pengembangan kompetensi Qatro Romandhi
dapat dilihat pada sub bab Profil Komite Audit per
31 Desember 2024 dalam Bab Komite Di Bawah Dewan Komisaris
Information on Qatro Romandhi's training and competency development
can be found in the subchapter Audit Committee Profile as of 31 December
2024 in the Chapter of Committees Under the Board of Commissioners.
Abdul Musawir Yahya5 Anggota / Member Informasi pelatihan dan pengembangan kompetensi Abdul Musawir
Yahya dapat dilihat pada sub bab Pelatihan Dewan Komisaris dan Direksi
dalam Bab Profil Perusahaan.
Information on Abdul Musawir Yahya's competency training and
development can be found in the subchapter Board of Commissioners and
Directors Training in the Company Profile Chapter.
Keterangan : Notes:
1
Tidak lagi menjabat sejak 31 Januari 2024 1
No longer serving since 31 January 2024
2
Mulai menjabat sejak 1 Februari 2024 2
Served from 1 February 2024
3
Tidak lagi menjabat sejak 28 Mei 2024 3
No longer serving since 28 May 2024
4
Mulai menjabat sejak 28 Mei 2024 4
Served from 28 May 2024
5
Mulai menjabat sejak 31 Juli 2024 5
Served from 31 July 2024
2024 Annual Report PT Pertamina Geothermal Energy Tbk 409
Page 410
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Pelaksanaan Kegiatan Komite Audit Implementation of Audit Committee
Tahun 2024 Activities in 2024
Komite Audit telah melaksanakan tugas dan tanggung The Audit Committee has performed its duties and
jawab dengan membantu pelaksanaan tugas Dewan responsibilities by assisting the Board of Commissioners
Komisaris terkait fungsi Audit pada tahun 2024 dengan in audit-related functions throughout 2024. The report
laporan pelaksanaan kegiatan sebagai berikut: on the implementation of activities is as follows:
1. Pelaksanaan Tugas dan Fungsi 1. Executing Duties and Functions
a. Memastikan Efektivitas Sistem Pengendalian a. Ensuring the Effectiveness of the Internal
Internal Control System
b. Memastikan Keandalan laporan Keuangan b. Ensuring the Reliability of Financial Reports
c. Tata Kelola Perusahaan yang Baik c. Good Corporate Governance
d. Efektivitas Audit Internal dan Eksternal d. Effectiveness of Internal and External Audits
2. Mengevaluasi Aktivitas Kerja Fungsi Auditor 2. Evaluating the Work Activities of the External
Eksternal Auditor Function
3. Mengkaji Ruang Lingkup Pelaksanaan Tugas 3. Reviewing the Scope of Duties Performed by the
Auditor Eksternal External Auditor
4. Mereviu Laporan Keuangan dan RKAP 4. Reviewing Financial Statements and the Work Plan
& Budget
5. Mengevaluasi Efektivitas Sistem Pengendalian 5. Evaluating the Effectiveness of the Internal Control
Intern System
6. Kunjungan Kerja (Site Visit) 6. Paying Site Visits
7. Governance pada Kelembagaan Komite Audit 7. Governance within the Audit Committee Institution
8. Program Peningkatan Kompetensi Komite Audit 8. Audit Committee Competency Development
Program
Evaluasi Komite Audit Terhadap Evaluation Results of Public
Hasil Audit KAP Accounting Firm Purwantono,
Sungkoro & Surja
Sehubungan dengan berakhirnya pekerjaan Audit Following the completion of the audit of PGE’s
Laporan Keuangan Konsolidasian PGE untuk Tahun Consolidated Financial Statements for the 2024
Buku 2024 oleh Kantor Akuntan Ernst & Young (EY) Financial Year by Ernst & Young (EY) and referring to
dan mengacu kepada Peraturan Otoritas Jasa the Financial Services Authority Regulation No. 13/
Keuangan Nomor 13/POJK.03/2017 tentang POJK.03/2017 on the Use of Public Accountant and
Penggunaan Jasa Akuntan Publik dan Kantor Akuntan Public Accounting Firm Services in Financial Services
Publik dalam Kegiatan Jasa Keuangan yang telah Activities, which was enacted in Jakarta on 27 March
diundangkan di Jakarta pada tanggal 27 Maret 2017, 2017, the Audit Committee has conducted an
Komite Audit telah melakukan evaluasi terhadap evaluation of the implementation of these services. The
pelaksanaan jasa dimaksud melalui surat Komite Audit evaluation was formalized through Audit Committee
No. 017/KA/PGE/2024-S4 tanggal 27 Mei 2024 Letter No. 017/KA/PGE/2024-S4 dated 27 May
perihal Evaluasi Hasil Pekerjaan KAP Tahun Buku 2023 2024 on the Evaluation of the Public Accounting Firm's
dan Rekomendasi KAP Tahun Buku 2023 dengan Work Results for the 2023 Financial Year and
perincian sebagai berikut: Recommendations for the 2023 Financial Year Public
Accounting Firm, with details as follows:
Hasil Evaluasi Pekerjaan Kantor Akuntan Publik (KAP) Evaluation Results of Public Accounting Firm
Purwantono, Sungkoro & Surja Purwantono, Sungkoro & Surja
I. Tahun Buku 2023 I. Financial Year 2023
A. Kesesuaian pelaksanaan audit KAP dengan A. Compliance of the Audit Implementation with
standar audit yang berlaku Applicable Audit Standards
Pelaksanaan audit yang dilakukan oleh KAP The audit conducted by the Public Accounting
telah memenuhi standar audit yang berlaku Firm (KAP) has complied with the applicable
sesuai dengan Standar Audit yang ditetapkan audit standards as stipulated in the Standards
Dewan Standar Profesional Akuntan Publik on Auditing set forth by the Public Accounting
(SPAP) Institut Akuntan Publik Indonesia (IAPI). Professional Standards Board (SPAP) of the
410 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Metodologi audit yang digunakan KAP dirasa Indonesian Institute of Certified Public
cukup sesuai dengan tujuan audit yang ingin Accountants (IAPI). The audit methodology
dicapai oleh Perusahaan. employed by the firm is deemed appropriate
and aligned with the audit objectives set by
the Company.
B. Kecukupan waktu pekerjaan lapangan B. Adequate Duration of Fieldwork
Pelaksanaan penugasan audit dikelola The audit engagement was managed in such
sedemikian rupa tanpa melebihi target waktu a manner that it did not exceed the
yang telah ditentukan sehingga terdapat predetermined timeline, ensuring timely
kesesuaian pemenuhan pelaksanaan audit execution of the audit process.
secara tepat waktu.
C. Pengkajian cakupan jasa yang diberikan dan C. Assessment of Service Scope and Sampling
cakupan uji petik Coverage
Jasa yang diberikan sesuai dengan penugasan The services provided were in accordance
dan kebutuhan Perusahaan. Sementara untuk with the engagement terms and the Company’s
kecukupan uji petik sesuai dengan standar needs. Meanwhile, the adequacy of sampling
audit yang ditetapkan oleh IAPI yakni coverage adhered to the audit standards
menggunakan SPAP. established by IAPI, specifically following the
SPAP framework.
II. Rekomendasi perbaikan yang diberikan oleh II. Recommendations for Improvement Provided by
Akuntan Publik Kantor Akuntan Publik (KAP) the Public Accounting Firm (KAP) Purwantono,
Purwantono, Sungkoro & Surja Sungkoro & Surja
Pelaksanaan Audit Laporan Keuangan The audit of the Consolidated Financial Statements
Konsolidasian Tahun Buku 2023 telah dilaksanakan for the Financial Year 2023 has been conducted,
serta rekomendasi perbaikan telah disampaikan. and recommendations for improvement have been
Hasil temuan telah dikomunikasikan dengan duly provided. The audit findings have been
manajemen Perseroan untuk menjadi perhatian communicated to the Company’s management for
dan ditindaklanjuti oleh manajemen. review and follow-up actions.
Komite Nominasi dan Remunerasi Nomination and Remuneration
Committee
Komite Nominasi dan Remunerasi bertugas membantu The Nomination and Remuneration Committee is
Dewan Komisaris dalam mengkaji dan memperbarui responsible for assisting the Board of Commissioners in
kebijakan dan prosedur nominasi dan remunerasi, reviewing and updating the policies and procedures
sekaligus memberikan rekomendasi terkait nominasi related to nomination and remuneration while also
dan remunerasi anggota Dewan Komisaris, Direksi dan providing recommendations regarding the nomination
karyawan Perseroan. and remuneration of members of the Board of
Commissioners, the Board of Directors, and employees
of the Company.
Komite Nominasi dan Remunerasi Perseroan dibentuk The Company's Nomination and Remuneration
berdasarkan ketentuan dan peraturan perundang- Committee is established based on the following laws
undangan berikut: and regulations:
• Undang-Undang Republik Indonesia No. 40 Tahun • Law of the Republic of Indonesia No. 40 of 2007
2007 tentang Perseroan Terbatas. on Limited Liability Companies.
• Undang-Undang No. 19 Tahun 2003 tentang • Law No. 19 of 2003 on SOEs.
BUMN.
• Peraturan Menteri Negara Badan Usaha Milik • Regulation of the Minister of State-Owned
Negara Nomor PER-06/MBU/04/2021 tahun Enterprises No. PER-06/MBU/04/2021 of 2021
2021 tentang Perubahan Atas Peraturan Menteri on Amendments to the Regulation of the Minister
Badan Usaha Milik Negara Nomor PER-12/ of State-Owned Enterprises No. PER-12/
MBU/2012 tanggal 24 Agustus 2012 tentang MBU/2012 dated 24 August 2012, on Supporting
Organ Pendukung Dewan Komisaris/Dewan Organs of the Board of Commissioners/Supervisory
Pengawas Badan Usaha Milik Negara. Board of State-Owned Enterprises.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 411
Page 412
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
• Peraturan Menteri Negara BUMN • Regulation of the Minister of SOEs No. PER-2/
No. Per-2/ MBU/03/2023 tentang Pedoman Tata MBU/03/2023 on Guidelines for Governance
Kelola dan Kegiatan Korporasi Signifikan Badan and Significant Corporate Activities of
Usaha Milik Negara. State-Owned Enterprises.
• Undang-undang No. 8/1995 tentang Pasar • Law No. 8 of 1995 on Capital Markets.
Modal.
• Peraturan Otoritas Jasa Keuangan • Regulation of the Financial Services Authority
No. 34/POJK.04/2014 tanggal 8 Desember No. 34/POJK.04/2014 dated 8 December 2014
2014 tentang Komite Nominasi dan Remunerasi on the Nomination and Remuneration Committee
Emiten atau Perusahaan Publik. of Issuers or Public Companies.
Komite Nominasi dan Remunerasi Perseroan The Company’s Nomination and Remuneration
ditetapkan berdasarkan kepada Surat Keputusan Committee is established based on Decree
No. 020/DK-PGE/2023-S0 tanggal 20 Juni 2023 No. 020/DK-PGE/2023-S0 dated 20 June 2023 on
tentang Penetapan dan Pengangkatan Anggota the Appointment of Members of the Nomination and
Komite Nominasi dan Remunerasi Dewan Komisaris PT Remuneration Committee of the Board of Commissioners
Pertamina Geothermal Energy Tbk, pembaharuan of PT Pertamina Geothermal Energy Tbk. This decree
Surat Keputusan No.013/Kpts/ DK-PGE/2024-S0 was later updated through Decree No. 013/Kpts/DK-
tanggal 28 Mei 2024 Penetapan dan Pengangkatan PGE/2024-S0 dated 28 May 2024 on the Appointment
Anggota Komite Nominasi dan Remunerasi Dewan of Members of the Nomination and Remuneration
Komisaris PT Pertamina Geothermal Energy Tbk. Committee of the Board of Commissioners of PT
Pertamina Geothermal Energy Tbk.
Pada tahun 2024 terdapat perubahan komposisi In 2024, there were changes in the composition of the
Komite Nominasi dan Remunerasi sebagai berikut: Nomination and Remuneration Committee as follows:
• Berakhirnya masa jabatan Haris sebagai Ketua • The term of office of Haris as Chair ended and was
dan digantikan oleh Sarman Simanjorang pada succeeded by Sarman Simanjorang on 29 May
29 Mei 2024. 2024.
• Berakhirnya masa jabatan Sujit S. Parhar sebagai • The term of office of Sujit S. Parhar as a Member
Anggota pada 28 Mei 2024. ended on 28 May 28 2024
Dengan demikian, komposisi Komite Nominasi dan Accordingly, the composition of the Nomination and
Remunerasi PGE per akhir tahun 2024 adalah sebagai Remuneration Committee of PGE as of the end of 2024
berikut: is as follows:
Komposisi Komite Nominasi dan Remunerasi
Composition of the Nomination and Remuneration Committee
Nama Jabatan Periode Menjabat
Name Position Term of Office
Sarman Simanjorang Ketua / Chair 29 Mei 2024 - 31 Desember 2024
29 May 2024 - 31 December 2024
David Marito Saragih Turnip Anggota / Member 31 Oktober 2022 - 31 Desember 2024
31 October 2022 - 31 December 2024
Purwitohadi Anggota / Member 31 Oktober 2022 - 31 Desember 2024
31 October 2022 - 31 December 2024
412 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Profil Komite Nominasi dan Remunerasi per 31 Desember 2024
Profile of the Nomination and Remuneration Committee as of 31 December 2024
Sarman Simanjorang
Ketua Komite Nominasi dan Remunerasi
Chairperson of the Nomination and Remuneration Committee
Dasar hukum penugasan sebagai The legal basis for his appointment as
ketua Komite Nominasi dan a the Chair of the Nomination and
Remunerasi adalah Surat Keputusan Remuneration Committee is the Board
Dewan Komisaris No. Kpts-013/DK/ of Commissioners' Decree No.
PGE/2024-S0 tanggal 29 Mei 2024 Kpts-013/DK/PGE/2024-S0 dated
Tentang Penetapan dan 29 May 2024 on the Appointment
Pengangkatan Anggota Komite and Assignment of Members of the
Nominasi dan Remunerasi Dewan Nomination and Remuneration
Komisaris PT Pertamina Geothermal Committee of the Board of
Energy Tbk. Commissioners of PT Pertamina
Geothermal Energy Tbk.
Sarman Simanjorang juga merupakan Sarman Simanjorang also serves as
Komisaris Utama/ Komisaris the President Commissioner/
Independen PGE dan memiliki Independent Commissioner of PGE
keahlian di bidang Manajemen dan and has expertise in Management
Akuntansi. Profil beliau dapat dilihat and Accounting. His profile can be
pada bagian Profil Dewan Komisaris found in the Board of Commissioners
di Bab Profil Perusahaan dalam Profile section in the chapter of
Laporan Tahunan ini. Company Profile of this Annual
Report.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 413
Page 414
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
David Marito Saragih Turnip
Anggota Komite Nominasi dan Remunerasi
Member of the Nomination and Remuneration Committee
Kewarganegaraan : Warga Negara Indonesia
Nationality Indonesian
Usia | Age : 43 tahun / years old
Domisili | Domicile : Bekasi
Dasar Hukum Penunjukan : Berdasarkan Surat Keputusan Dewan Komisaris No. 025/Kpts/DK-PGE/2022-S0 tanggal
Legal Basis of Appointment : 31 Oktober 2022 dan perubahan Surat Keputusan No. Kpts-013/DK/PGE/2024-S0 tanggal 29 Mei 2024
Tentang Penetapan Dan Pengangkatan Anggota Komite Nominasi dan Remunerasi Dewan Komisaris
PT Pertamina Geothermal Energy Tbk
Based on the Board of Commissioners' Decree No. 025/Kpts/DK-PGE/2022-S0 dated 31 October 2022,
as amended by the Decree No. Kpts-013/DK/PGE/2024-S0 dated 29 May 2024 on the Appointment and
Assignment of Members of the Nomination and Remuneration Committee of the Board of Commissioners of
PT Pertamina Geothermal Energy Tbk.
Periode Menjabat : 31 Oktober 2022 - 31 Oktober 2025
Term of Office :
31 October 2022 - 31 October 2025
Latar Belakang Pendidikan : Sarjana Ekonomi, Universitas Indonesia (1999 - 2004)
Educational Background :
Bachelor Degree in Economics, Universitas Indonesia (1999 - 2004)
Sertifikasi : Human Resource Management Professional (HRMP)
Certification :
Pelatihan dan Pengembangan • Prospek Bisnis Green Hydrogen yang dilaksanakan di Batam oleh Direktorat Jenderal EBTKE -
Kompetensi :
Kementerian ESDM (17 Mei 2024)
• Accelerating Net Zero and Unlocking Indonesia Carbon Market Potential Through IDX Carbon
(Indonesia Carbon Exchange) yang dilaksanakan di Batam oleh Bursa Efek Indonesia
(17 Mei 2024)
• Carbon Market yang dilaksanakan di Batam oleh PT Pertamina (Persero) (17 Mei 2024)
• Sosialisasi dan Workshop GCG yang dilaksanakan Daring oleh Assegaf Hamzah & Partner
(25 Juni 2024)
• Indonesia International Geothermal Convention & Exhibition (IIGCE) 2024 yang dilaksanakan di
Jakarta oleh Asosiasi Panas Bumi Indonesia (18 September 2024)
• Mitigating Risk, Maximizing Value : Turning Risk into Positive Energy yang dilaksanakan di NTT oleh
Direktorat Manajemen Risiko PT Pertamina (Persero) (1 November 2024)
• Strategi Penguatan Manajemen Risiko di PGEO: Meningkatkan Kapasitas dan Mengoptimalkan
Pertumbuhan Berkelanjutan yang dilaksanakan di NTT oleh Kementerian Badan Usaha Milik
Negara (1 November 2024)
414 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 415
Competency Training and • Business Prospect of Green Hydrogen, held in Batam by the Directorate General of New, Renewable
Development :
Energy and Energy Conservation – Ministry of Energy and Mineral Resources
(17 May 2024)
• Accelerating Net Zero and Unlocking Indonesia's Carbon Market Potential Through IDX Carbon
(Indonesia Carbon Exchange), held in Batam by the Indonesia Stock Exchange
(17 May 2024)
• Carbon Market, held in Batam by PT Pertamina (Persero) (17 May 2024)
• GCG Dissemination and Workshop, held online by Assegaf Hamzah & Partners
(25 June 2024)
• Indonesia International Geothermal Convention & Exhibition (IIGCE) 2024, held in Jakarta by the
Indonesian Geothermal Association (18 September 2024)
• Mitigating Risk, Maximizing Value: Turning Risk into Positive Energy, held in NTT by the Risk
Management Directorate of PT Pertamina (Persero) (1 November 2024)
• Strengthening Risk Management Strategy at PGEO: Capacity Building and Sustainable Growth
Optimization, held in NTT by the Ministry of State-Owned Enterprises
(1 November 2024)
Bidang Keahlian : SDM dan Ekonomi
Areas of Expertise :
HR and Economy
Pengalaman Kerja : • Senior Manager Human Resources, PT Pertamina Geothermal Energy Tbk
Work Experience :
(Juni 2022 - Januari 2023)
• Area Manager Human Resources, PT Pertamina Patra Niaga (Mei 2021 – Mei 2022)
• Senior Officer lll HCBP Business Operations, PT Pertamina International Shipping
(Maret – April 2021)
• HR & GA Manager, PT Pertamina Retail (Juli 2019 – Februari 2021)
• Human Capital Unit Manager, PT Pertamina (Persero) MOR VIII (April 2018 –
Juli 2019)
• HR Operations & Competency Assurance Coordinator, Pertamina Algeria EP
(September 2015 – Maret 2018)
• Human Capital Analyst, PT Pertamina (Persero) (Januari 2009 – Agustus 2015)
• Senior Manager Human Resources, PT Pertamina Geothermal Energy Tbk
(June 2022 - January 2023)
• Area Manager Human Resources, PT Pertamina Patra Niaga (May 2021 - May 2022)
• Senior Officer lll HCBP Business Operation, PT Pertamina International Shipping
(March - April 2021)
• HR & GA Manager, PT Pertamina Retail (July 2019 - February 2021)
• Human Capital Unit Manager, PT Pertamina (Persero) MOR VIII (April 2018 - July 2019)
• HR Operations & Competency Assurance Coordinator, Pertamina Algeria EP
(September 2015 - March 2018)
• Human Capital Analyst, PT Pertamina (Persero) (January 2009 - August 2015)
Rangkap Jabatan : Manager Human Capital – PT Pertamina Geothermal Energy Tbk (Februari 2023 - sekarang)
Concurrent Position :
Human Capital Manager – PT Pertamina Geothermal Energy Tbk (February 2023 - present)
Hubungan Afiliasi : Tidak memiliki hubungan afiliasi dengan anggota Dewan Komisaris, Direksi dan Pemegang Saham
Affiliate Relations :
Pengendali.
Does not have any affiliations with members of the Board of Directors, or fellow members of the Board of
Commissioners, nor with the controlling shareholders.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 415
Page 416
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Purwitohadi
Anggota Komite Nominasi dan Remunerasi
Member of the Nomination and Remuneration Committee
Kewarganegaraan : Warga Negara Indonesia
Nationality Indonesian
Usia | Age : 50 tahun / years old
Domisili | Domicile : Bekasi
Dasar Hukum Penunjukan : Berdasarkan Surat Keputusan Dewan Komisaris No. 025/ Kpts/DK-PGE/2022-S0 tanggal 31 Oktober 2022
Legal Basis of Appointment : dan perubahan Surat Keputusan Dewan Komisaris No. Kpts-013/DK/PGE/2024-S0 tanggal 29 Mei 2024
Tentang Penetapan Dan Pengangkatan Anggota Komite Nominasi dan Remunerasi Dewan Komisaris PT Pertamina
Geothermal Energy Tbk.
Based on the Board of Commissioners' Decree No. 025/Kpts/DK-PGE/2022-S0 dated 31 October 2022, and as
amended by the Board of Commissioners' Decree No. Kpts-013/DK/PGE/2024-S0 dated 29 May 2024 on the
Appointment and Assignment of Members of the Nomination and Remuneration Committee of the Board of
Commissioners, PT Pertamina Geothermal Energy Tbk.
Periode Menjabat : 31 Oktober 2022 - 1 Mei 2026
Term of Office: 31 October 2022 - 1 May 2026
Latar Belakang Pendidikan : • Diploma 4 Akuntansi, Sekolah Tinggi akuntansi Negara (1998 - 2001)
Educational Background : • Magister Manajemen, Universitas Krisnadwipayana (2004 - 2008)
• Diploma 4 in Accounting, State College of Accounting (1998 – 2001)
• Master of Management, Krisnadwipayana University (2004–2008)
Sertifikasi : -
Certification :
Pelatihan dan Pengembangan • Sosialisasi dan Work Shop GCG yang dilaksanakan Daring oleh Assegaf Hamzah & Partner (25 Juni
Kompetensi : 2024)
Competency Training and • Mitigating Risk, Maximizing Value : Turning Risk into Positive Energy yang dilaksanakan di NTT oleh
Development : Direktorat Manajemen Risiko PT Pertamina (Persero) (1 November 2024)
• Strategi Penguatan Manajemen Risiko di PGEO: Meningkatkan Kapasitas dan Mengoptimalkan
Pertumbuhan Berkelanjutan yang dilaksanakan di NTT oleh Kementerian Badan Usaha Milih Negara (1
November 2024
• GCG Outreach and Workshop held Online by Assegaf Hamzah & Partner (25 June 2024)
• Mitigating Risk, Maximizing Value: Turning Risk into Positive Energy held in East Nusa Tenggara (NTT) by
the Risk Management Directorate of PT Pertamina (Persero) (1 November 2024)
• Risk Management Strengthening Strategy at PGEO: Increasing Capacity and Optimizing Sustainable
Growth held in East Nusa Tenggara (NTT) by the Ministry of State-Owned Enterprises (1 November 2024)
Bidang Keahlian : Akuntansi Keuangan, SDM dan Manajemen
Areas of Expertise : Financial Accounting, Human Resources, and Management
Pengalaman Kerja : • Analis Kebijakan Ahli Madya, Unit Kerja BKF (2019 - sekarang)
Work Experience : • Kepala Bidang Kebijakan Pajak dan PNBP, Unit Kerja BKF II (2015 - 2019)
• Kepala Subbidang PPN dan PPnBM, Unit Kerja BKF (2009 - 2015)
• Account Representative, Unit Kerja DJP (2002 - 2009)
• Senior Policy Analyst, Work Unit at BKF (2019 - present)
• Head of Tax Policy and Non-Tax State Revenue Division, Work Unit at BKF II (2015 – 2019)
• Head of VAT and Luxury Goods Sales Tax Subdivision, Work Unit at BKF (2009 – 2015)
• Account Representative, Work Unit at DJP (2002 – 2009)
Rangkap Jabatan : Analis Kebijakan Ahli Madya, Unit Kerja BKF (2019 - sekarang)
Concurrent Position : Senior Policy Analyst, Work Unit at BKF (2019 – present)
Hubungan Afiliasi : Tidak memiliki hubungan afiliasi dengan anggota Dewan Komisaris, Direksi dan Pemegang Saham Pengendali.
Affiliate Relations : Does not have any affiliations with members of the Board of Directors, or fellow members of the Board of
Commissioners, nor with the controlling shareholders.
416 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Independensi Komite Nominasi dan Independence of the Nomination
Remunerasi and Remuneration Committee
Komite Nominasi dan Remunerasi Perseroan The Company's Nomination and Remuneration
menjalankan tugas dan fungsinya secara independen Committee performs its duties and functions
sesuai dengan ketentuan persyaratan keanggotaan independently in accordance with the provisions of the
dalam Peraturan OJK No. 34/POJK.04/2014 tentang membership requirements in the FSA Regulation No.
Komite Nominasi dan Remunerasi Emiten atau 34/POJK.04/2014 on the Nomination and
Perusahaan Publik. Remuneration
Independensi Komite Nominasi dan Remunerasi terlihat The independence of the Nomination and Remuneration
dari Komite yang diketuai oleh Komisaris Independen, Committee is reflected in having the Committee chaired
serta status Ketua dan anggota Komite yang tidak by an Independent Commissioner, as well as the status
memiliki hubungan afiliasi dengan pemegang saham of the Chair and members of the Committee who are
utama, anggota Dewan Komisaris maupun anggota not affiliated with ultimate shareholders, members of
Direksi. the Board of Commissioners, or members of the Board
of Directors.
Pernyataan Independensi Komite Nominasi dan Remunerasi
Independence Statement of Nomination and Remuneration Committee
David
Pernyataan Independensi Sarman Sujit S. Marito
No. Harris1 Purwitohadi
Independence Statement Simanjorang2 Parhar1 Saragih
Turnip
1 Tidak bekerja atau memiliki wewenang untuk
merencanakan, memimpin, mengendalikan, atau
mengawasi kegiatan Perseroan dalam 6 bulan
terakhir.
Having not worked or have the authority to plan, lead,
control, or supervise the Company’s activities in the
past 6 months
2 Tidak secara langsung maupun tidak langsung
memiliki saham di Perseroan.
Does not directly or indirectly own shares in the
Company
3 Tidak memiliki hubungan afiliasi dengan Perseroan
atau pemegang saham utama/pengendali atau salah
satu anggota Dewan Komisaris atau Direksi.
Does not have any affiliations with the Company or
majority/controlling shareholders or any members of
the Board of Commissioners or Directors
4 Tidak memiliki hubungan kerja/ profesional langsung
maupun tidak langsung dengan Perseroan.
Does not have any direct or indirect employment/
professional relationship with the Company
Keterangan: Notes:
1
Tidak lagi menjabat sejak 28 Mei 2024 1
No longer serving since 28 May 2024
2
Mulai menjabat sejak 28 Mei 2024 2
Served from 28 May 2024
2024 Annual Report PT Pertamina Geothermal Energy Tbk 417
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Piagam Komite Nominasi dan Charter of the Nomination and
Remunerasi Remuneration Committee
Dewan Komisaris menetapkan Piagam Komite Nominasi The Board of Commissioners established the Nomination
dan Remunerasi melalui Surat Keputusan Dewan and Remuneration Committee Charter pursuant to
Komisaris No.013/Kpts/ DK-PGE/2024-S0 tanggal Decree of the Board of Commissioners No. 013/Kpts/
28 Mei 2024 Penetapan dan Pengangkatan Anggota DK-PGE/2024-S0 dated 28 May 2024, regarding the
Komite Nominasi dan Remunerasi Dewan Komisaris PT Determination and Appointment of the Members of the
Pertamina Geothermal Energy Tbk. Nomination and Remuneration Committee of the Board
of Commissioners of PT Pertamina Geothermal Energy
Tbk.
Pedoman ini dibuat dalam rangka penerapan prinsip This guideline aims to implement the principles of good
tata kelola perusahaan yang baik atau GCG di PGE, corporate governance (GCG) in PGE and to support
serta mendukung efektivitas pelaksanaan tugas dan the effectiveness of the duties and responsibilities of the
tanggung jawab Direksi dan Dewan Komisaris dengan Board of Directors and Board of Commissioners in
merujuk kepada: reference to:
1. Peraturan Otoritas Jasa Keuangan (OJK) 1. The Financial Services Authority (OJK) Regulation
34/POJK.04/2014 tentang Komite Nominasi dan No. 34/POJK.04/2014 on the Nomination and
Remunerasi Emiten atau Perusahaan Publik Remuneration Committee of Issuers or Public
(POJK No.34/2014) Companies (POJK No.34/2014)
2. Peraturan Menteri Badan Usaha Milik Negara 2. Minister of State-Owned Enterprises Regulation
(Permen BUMN) No. PER-2/MBU/03/2023 (Permen BUMN) No. PER-2/MBU/03/2023 on
tentang Pedoman Tata Kelola dan Kegiatan Guidelines for Governance and Significant
Korporasi Signifikan Badan Usaha Milik Negara Corporate Activities of State-Owned Enterprises
(Permen BUMN No. PER-2/MBU/03/2023) (Permen BUMN No. PER-2/MBU/03/2023)
3. Peraturan Menteri Badan Usaha Milik Negara 3. Minister of State-Owned Enterprises Regulation
(Permen BUMN) No. PER-3/MBU/03/2023 (Permen BUMN) No. PER-3/MBU/03/2023 on
tentang Organ dan Sumber Daya Manusia Badan Organs and Human Resources of State-Owned
Usaha Milik Negara (Permen BUMN No. PER-3/ Enterprises (Permen BUMN No. PER-3/
MBU/03/2023) MBU/03/2023)
Komite Nominasi dan Remunerasi memiliki Piagam The Nomination and Remuneration Committee Charter
yang mencakup: covers:
• Pendahuluan • Introduction
• Tugas dan Tanggung Jawab • Duties and Responsibilities
• Prosedur Pelaksanaan Fungsi Nominasi dan • Procedures for the Implementation of the
Remunerasi Nomination and Remuneration Functions
• Kebijakan Penyelenggara Rapat • Meeting Organization Policies
• Sistem Pelaporan Kegiatan • Activity Reporting System
• Masa Jabatan • Term of Office
• Pemberlakuan • Enforcement
418 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Tugas dan Tanggung Jawab Komite Duties and Responsibilities of the
Nominasi dan Remunerasi Nominasi Nomination and Remuneration
Committee
Perihal Nominasi Regarding Nomination
1. Memberikan rekomendasi mengenai: 1. Providing recommendations regarding:
a. Komposisi jabatan anggota Direksi dan/atau a. Composition of positions for members of the
anggota Dewan Komisaris. Directors and/or members of the Board of
Commissioners.
b. Kebijakan dan kriteria yang dibutuhkan dalam b. Policies and criteria required in the nomination
proses nominasi. process.
c. Kebijakan evaluasi kinerja bagi anggota c. Performance evaluation policies for members
Direksi dan/ atau anggota Dewan Komisaris. of the Directors and/or members of the Board
of Commissioners.
d. Program pengembangan kemampuan d. Development programs for the capabilities of
anggota Direksi dan Dewan Komisaris. members of the Directors and the Board of
Commissioners.
2. Melakukan penilaian kinerja anggota Direksi dan/ 2. Conducting performance assessments of members
atau anggota Dewan Komisaris berdasarkan tolok of the the Board of Directors and/or members of
ukur yang telah disusun sebagai bahan evaluasi. the Board of Commissioners based on established
criteria for evaluation
3. Memberikan rekomendasi mengenai program 3. Providing recommendations on development
pengembangan kemampuan anggota Direksi programs for the capabilities of members of the
dan/ atau anggota Dewan Komisaris. Board of Directors and/or members of the Board
of Commissioners.
4. Memberikan usulan calon yang memenuhi syarat 4. Recommending qualified candidates as members
sebagai anggota Direksi dan/ atau anggota of the Board of Directors and/or members of the
Dewan Komisaris kepada Dewan Komisaris untuk Board of Commissioners to the Board of
disampaikan kepada RUPS. Commissioners
Perihal Remunerasi Regarding Remuneration
1. Memberikan rekomendasi mengenai: 1. Providing recommendations regarding:
a. Struktur remunerasi a. Remuneration structure
b. Kebijakan atas remunerasi b. Policies on remuneration
c. Besaran atas remunerasi c. Amount of remuneration
2. Melakukan penilaian kinerja dengan kesesuaian 2. Conducting performance assessments in
remunerasi yang diterima masing-masing anggota accordance with the remuneration received by
Direksi dan/atau anggota Dewan Komisaris. each member of the Board of Directors and/or
Board of Commissioners.
Struktur Remunerasi dapat berupa: The Remuneration Structure may include:
a. Gaji a. Salary
b. Honorarium b. Honorarium
c. Insentif c. Incentives
d. Tunjangan yang bersifat tetap dan/atau variabel d. Fixed and/or variable allowances
Dalam menetapkan struktur, kebijakan, dan besaran In determining the structure, policy, and amount of
remunerasi, Komite Nominasi dan Remunerasi akan remuneration, the Nomination and Remuneration
memperhatikan hal-hal sebagai berikut: Committee will consider the following matters:
a. Remunerasi yang berlaku pada industri sesuai a. Remuneration applicable to the industry is in
dengan kegiatan usaha perusahaan sejenis dan accordance with the business activities of similar
skala usaha Perseroan dalam industrinya. companies and the Company’s business scale in
the industry.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 419
Page 420
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
b. Tugas, tanggung jawab, dan wewenang anggota b. The duties, responsibilities, and authorities of the
Direksi dan/atau anggota Dewan Komisaris members of the Board of Directors and/or Board
dikaitkan dengan pencapaian tujuan dan kinerja of Commissioners are tied to the achievement of
Perseroan. the Company’s goals and performance.
c. Target kinerja atau kinerja masing-masing anggota c. Performance targets or individual performance of
Direksi dan/atau anggota Dewan Komisaris. each member of the Board of Directors and/or
Board of Commissioners
d. Keseimbangan tunjangan antara yang bersifat d. Balance between fixed and variable allowances.
tetap dan bersifat variabel.
Selain itu, Dewan Komisaris juga melakukan evaluasi In addition, the Board of Commissioners also evaluates
terhadap struktur, kebijakan, dan besaran remunerasi the structure, policies, and amount of remuneration at
minimal satu kali setahun. least once a year.
Kebijakan dan Pelaksanaan Rapat Policy and Implementation of
Komite Nominasi dan Remunerasi Nomination and Remuneration
Committee Meetings
a. Rapat pelaksanaan Fungsi Nominasi dan a. The meeting of the Nomination and Remuneration
Remunerasi diselenggarakan secara berkala Function is held periodically at least once in four
paling kurang satu kali dalam 4 empat bulan. months.
b. Rapat hanya dapat diselenggarakan apabila b. The meeting can only be held if attended by a
dihadiri mayoritas dari jumlah anggota Dewan majority of the members of the Board of
Komisaris, dan salah satu dari mayoritas anggota Commissioners and one of the majority members
tersebut merupakan Komisaris Independen. must be an Independent Commissioner.
c. Rapat dapat diadakan baik dengan kehadiran c. The meeting may be held either with physical
secara fisik maupun non-fisik. Rapat yang dihadiri attendance or non-physical attendance. A meeting
secara non-fisik dilakukan melalui media with non-physical attendance is conducted through
telekonferensi, video konferensi, atau sarana teleconference, videoconference, or other
media elektronik lainnya yang memungkinkan, electronic media platforms that allow all
semua peserta rapat saling berbicara dan participants to communicate and listen to each
mendengar secara langsung serta berpartisipasi other in real-time and actively participate in the
dalam rapat. meeting.
d. Keputusan Rapat diambil berdasarkan musyawarah d. Decisions of the meeting are made based on
mufakat. Dalam hal keputusan musyawarah amicable deliberation and consensus. In the event
mufakat tidak tercapai, maka pengambilan that consensus is not reached, decisions will be
keputusan dilakukan berdasarkan suara terbanyak. made based on the majority vote.
e. Hasil Rapat wajib dituangkan dalam risalah rapat e. The results of the meeting must be recorded in the
dan didokumentasikan secara baik.Risalah Rapat meeting minutes and properly documented. The
tersebut wajib disampaikan secara tertulis kepada meeting minutes must be submitted in writing to the
Dewan Komisaris. Board of Commissioners.
f. Perbedaan pendapat (dissenting opinions) dalam f. Dissenting opinions in the decision-making process
pengambilan keputusan Rapat wajib dimuat dalam of the meeting must be included in the meeting
Risalah Rapat beserta alasan perbedaan pendapat minutes, along with the grounds for those dissenting
tersebut. opinions
g. Fungsi Nominasi dan Remunerasi dapat juga g. The Nomination and Remuneration Function may
mengambil keputusan yang sah tanpa mengadakan also make valid decisions without holding a
Rapat, dengan ketentuan; semua anggota Fungsi meeting, under the condition that all members of
telah diberitahu, secara tertulis dan semua the Function have been notified in writing and all
anggota Fungsi memberikan persetujuan mengenal members provide their approval of the proposed
usul yang diajukan secara tertulis dengan resolution in writing by signing a circular resolution.
menandatangani suatu persetujuan sirkular. Decisions made in this manner have the same
Keputusan yang diambil dengan cara yang validity as those made through a duly held
demikian mempunyai kekuatan yang sama dengan meeting.
keputusan yang diambil dengan sah dalam Rapat.
420 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 421
Sepanjang tahun 2024, Komite Nominasi dan Throughout 2024, the Nomination and Remuneration
Remunerasi melaksanakan rapat internal sebanyak 8 Committee held 8 (eight) internal meetings, attended
(delapan) kali, menghadiri rapat gabungan Dewan 12 (twelve) joint meetings of the Board of Commissioners
Komisaris dengan Direksi 12 (dua belas) kali dan rapat and the Board of Directors and 12 (twelve) joint
gabungan fungsi sebanyak 12 (dua belas) kali, function meetings. It paid 4 (four) site visits to PGE's
Pelaksanaan kunjungan kerja/ site visit ke WKP PGE 4 WKP PGE and 7 (seven) competency development
(empat), dan program pengembangan kompetensi programs, achieving 133.1% of the Nomination and
sebanyak 7 (tujuh) kali, dengan capaian KPI Nominasi Remuneration KPI.
dan Remunerasi mencapai 133,1%.
Kehadiran Komite Nominasi dan Remunerasi dalam Rapat Internal
Nomination and Remuneration Committee Attendance in Internal Meetings
Agenda, Tanggal, dan Kehadiran Komite Nominasi dan Remunerasi dalam Rapat Internal
Agenda, Date, and Attendance of the Nomination and Remuneration Committee in Internal Meetings
Peserta Rapat
Tanggal Agenda Meeting Participants
Date Agendas
H1 SS2 SSP1 DMS P
12 Januari I MESOP dan Remunerasi BOC
January 2024 MESOP and BOC Remuneration - -
23 Januari I Penilaian Kinerja Tahunan Individu Direksi, Dewan
January 2024 Komisaris, dan Komite di Subholding dan Anak
Perusahaan Tahun 2023 -
-
Individual Annual Performance Assessment of Directors,
Board of Commissioners, and Committees in Subholding
and Subsidiaries in 2023
24 April 2024 Usulan Program Pengembangan bagi Anggota Direksi
dan/atau Anggota Dewan Komisaris
Development Programs Proposals for the Members of - - -
the Board of Directors and/or Members of the Board of
Commissioners
25 Mei I Perubahan Struktur Organisasi Satu Level di Bawah
May 2024 Direksi PGE - - - -
Organizational Structure Changes One Level Below PGE
Board of Directors
25 Juni I Update Progres Pengisian Jabatan Kosong, Kendala
June 2024 dan Solusi pada Area Ulubelu - -
Progress Update on Filling Vacant Positions, Challenges,
and Solutions in Ulubelu Area
4 Juli I Telaah Komite Nominasi dan Remunerasi atas
July 2024 Rancangan/Draft RJPP PGE Tahun 2025-2029.
Review of the Nomination and Remuneration Committee - -
on the Draft of PGE's Long Term Plan (RJPP) for
2025-2029.
17 September 2024 1. Penyiapan Tanggapan Tantiem yang
Ditangguhkan (TyD)
2. Capaian kinerja triwulan 3
3. Isu lain terkait tugas Komite Nominasi dan
Remunerasi - -
1. Preparation for Deferred Tantiem (TyD) Response
2. Q3 performance achievement
3. Other issues related to the duties of the
Nomination and Remuneration Committee
30 September 2024 Pemenuhan Syarat Pencairan TyD Tahun Buku 2022
Tahap Pertama - -
Fulfillment of Conditions for First Phase Disbursement of
TyD for the Financial Year 2022
Keterangan I Notes :
H: Haris, SS: Sarman Simanjorang, SSP: Sujit S. Parhar, DMS: David Marito Saragih Turnip, P: Purwitohadi
1
Tidak lagi menjabat sejak 28 Mei 2024 1
No longer serving since 28 May 2024
2
Mulai menjabat sejak 28 Mei 2024 2
Served from 28 May 2024
2024 Annual Report PT Pertamina Geothermal Energy Tbk 421
Page 422
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Frekuensi dan Kehadiran Komite Nominasi dan Remunerasi dalam Rapat Internal
Frequency and Attendance of the Nomination and Remuneration Committee in Internal Meetings
Jumlah
Tingkat
Nama Jabatan Pertemuan Kehadiran
Kehadiran
Name Position Number of Attendance
Attendance Rate
Meetings
Harris1 Ketua | Chair 2 2 100%
Sarman Simanjorang2 Ketua | Chair 2 2 100%
Sujit S. Parhar1 Anggota | Member 4 2 50%
David Marito Saragih Turnip Anggota | Member 8 8 100%
Purwitohadi Anggota | Member 8 7 87,5%
Keterangan: Notes:
1
Tidak lagi menjabat sejak 28 Mei 2024 1
No longer serving since 28 May 2024
2
Mulai menjabat sejak 28 Mei 2024 2
Served from 28 May 2024
Kehadiran Komite Nominasi dan Remunerasi dalam Rapat Gabungan Dewan
Komisaris dan Direksi
Attendance of the Nomination and Remuneration Committee at the Joint Meeting of the
Board of Commissioners and Directors
Agenda, Tanggal, dan Kehadiran Komite Nominasi dan Remunerasi dalam Rapat Gabungan Dewan Komisaris dan Direksi
Agenda, Date, and Attendance of the Nomination and Remuneration Committee at the Joint Meeting of the Board of Commissioners
and Directors
Peserta Rapat
Tanggal Agenda Meeting Participants
Date Agendas
H1 SS2 SSP1 DMS P
29 Januari I 1. Evaluasi pencapaian 2023 dan strategi pencapaian target
January 2024 2024
2. Review/tindak lanjut hasil rapat sebelumnya
3. Executive Summary dan Kinerja Perseroan pada Desember
2023
4. Persiapan rencana RUPSLB, ESOP dan MESOP - -
1. Evaluation of 2023 achievements and strategies for achieving
2024 targets
2. Review/follow-up of previous meeting results
3. Executive summary and performance of the Company in
December 2023
4. Preparation for the EGMS, ESOP, and MESOP plans.
29 Februari I 1. Update Merger and Acquisition/ Inorganic Growth
February 2024 2. Update Progres Foreign Exchange Mismatch Management
3. Update Progres Potensi Re-Organization
4. Review/Tindak Lanjut Hasil Rapat Sebelumnya
5. Executive Summary dan Kinerja Perseroan pada Januari 2024
1. Update on Merger and Acquisition / Inorganic Growth - -
2. Update on Progress in Foreign Exchange Mismatch
Management
3. Update on Progress in Potential Re-Organization
4. Review on Previous Meeting Outcomes
5. Executive Summary and Company Performance for January
2024
422 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Agenda, Tanggal, dan Kehadiran Komite Nominasi dan Remunerasi dalam Rapat Gabungan Dewan Komisaris dan Direksi
Agenda, Date, and Attendance of the Nomination and Remuneration Committee at the Joint Meeting of the Board of Commissioners
and Directors
Peserta Rapat
Tanggal Agenda Meeting Participants
Date Agendas
H1 SS2 SSP1 DMS P
19 Maret I 1. Review/Tindak Lanjut Hasil Rapat Sebelumnya
March 2024 2. Executive Summary dan Kinerja Perseroan pada Februari
2024
3. Update Proyek Hululais, Sibayak, Seulawah, dan Lumut Balai
Unit 2
4. Laporan Persiapan RUPST PGE - -
1. Review of Previous Meeting Results
2. Executive Summary and Company Performance for February
2024
3. Update on Hululais, Sibayak, Seulawah, and Lumut Balai Unit
2 Project
4. PGE's AGMS Preparation Report
29 April 2024 1. Update Proyek LMB-2, KTB, HLS, SBY, BDN, SLW, Cogen &
Anorganik
2. Update Pendanaan Proyek LMB2 dengan Melemahnya JPY
3. Review/Tindak Lanjut Hasil Rapat Sebelumnya
4. Executive Summary dan Kinerja Perseroan pada Maret 2024
5. Persiapan RUPST
1. Update on LMB-2, KTB, HLS, SBY, BDN, SLW, Cogen & - -
Inorganic Projects
2. Update on LMB2 Project Funding with the Depreciation of JPY
3. Review of Previous Meeting Results
4. Executive Summary and Company Performance for March
2024
5. AGMS Preparation
16 Mei I 1. Review/Tindak Lanjut Hasil Rapat Sebelumnya
May 2024 2. Executive Summary dan Kinerja Perseroan pada April 2024. - - - -
1. Review of Previous Meeting Results
2. Executive Summary and Company Performance for April 2024
28 Juni I 1. Progres Target 1 GW (HLS, LMB & Cogen), Seulawah
June 2024 2. Progress Merger and Acquisition
3. Review/Tindak Lanjut Hasil Rapat Sebelumnya
4. Executive Summary dan Kinerja Perseroan pada Mei 2024.
1. Progress of 1 GW Project Target (HLS, LMB & Cogen),
- -
Seulawah
2. Progress of Merger and Acquisition
3. Review of Previous Meeting Results
4. Executive Summary and Company Performance for May
2024.
30 Juli I 1. Update Progres 1GW
July 2024 2. Review/Tindak Lanjut Hasil Rapat Sebelumnya
3. Executive Summary dan Kinerja Perseroan pada Juni 2024
4. Review Kinerja Semester I Tahun 2024 PGE - -
1. Progress Update on 1 GW Project
2. Review of Previous Meeting Results
3. Executive Summary and Company Performance for June 2024.
4. Review of PGE's First Half Performance for 2024
29 Agustus I 1. Update Progres 1GW
August 2024 2. Review/Tindak Lanjut Hasil Rapat Sebelumnya
3. Executive Summary dan Kinerja Perseroan pada Juli 2024
4. Review Kinerja Semester I Tahun 2024 PGE -
-
1. Progress Update on 1 GW Project
2. Review of Previous Meeting Results
3. Executive Summary and Company Performance for July 2024.
4. Review of PGE's First Half Performance for 2024
30 September 2024 1. Update Proyek Mira
2. Update Progres 1GW
3. Review/Tindak Lanjut Hasil Rapat Sebelumnya
4. Executive Summary dan Kinerja Perseroan pada Agustus 2024.
1. Mira Project Update - -
2. Progress Update on 1 GW Project
3. Review of Previous Meeting Results
4. Executive Summary and Company Performance for August
2024.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 423
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Agenda, Tanggal, dan Kehadiran Komite Nominasi dan Remunerasi dalam Rapat Gabungan Dewan Komisaris dan Direksi
Agenda, Date, and Attendance of the Nomination and Remuneration Committee at the Joint Meeting of the Board of Commissioners
and Directors
Peserta Rapat
Tanggal Agenda Meeting Participants
Date Agendas
H1 SS2 SSP1 DMS P
31 Oktober I 1. Review/Tindak Lanjut Hasil Rapat Sebelumnya
October 2024 2. Executive Summary dan Kinerja Perseroan pada September
2024. - -
1. Review of Previous Meeting Results
2. Executive Summary and Company Performance for September
2024.
28 November 2024 1. Overview RKAP 2025
2. Aspek Keekonomian Area Sibayak
3. Tindak Lanjut Rapat Sebelumnya
4. Executive Summary dan Kinerja Perseroan pada Oktober
2024. - -
1. Overview of the 2025 RKAP
2. Economic Aspects of Sibayak Area
3. Review of Previous Meeting
4. Executive Summary and Company Performance for October
2024
20 Desember I 1. Tindak Lanjut Rapat Sebelumnya
December 2024 2. Executive Summary dan Kinerja Perseroan pada Oktober 2024
3. Tinjauan Penurunan Saham PGEO (Mitigasi dan Strategi ke
Depan).
1. Review of Previous Meeting - -
2. Executive Summary and Company Performance as of October
2024
3. Review on PGEO Share Decline (Mitigation and Strategy
Going Forward).
Keterangan: Notes:
1
Tidak lagi menjabat sejak 28 Mei 2024 1
No longer serving since 28 May 2024
2
Mulai menjabat sejak 28 Mei 2024 2
Served from 28 May 2024
H: Haris, SS: Sarman Simanjorang, SSP: Sujit S. Parhar, DMS: David Marito Saragih Turnip, P: Purwitohadi
Frekuensi dan Kehadiran Komite Nominasi dan Remunerasi dalam Rapat Gabungan Dewan Komisaris dan Direksi
Frequency and Attendance of the Nomination and Remuneration Committee at the Joint Meeting of the Board of Commissioners
Tingkat
Nama Jabatan Jumlah Pertemuan Kehadiran
Kehadiran
Name Position Number of Meetings Attendance
Attendance Rate
Harris1 Ketua / Chair 2 2 100%
Sarman Simanjorang2 Ketua / Chair 5 5 100%
Sujit S. Parhar1 Anggota / Member 5 4 80%
David Marito Saragih Turnip Anggota / Member 12 12 100%
Purwitohadi Anggota / Member 12 11 91,66%
Keterangan: Notes:
1
Tidak lagi menjabat sejak 28 Mei 2024 1
No longer serving since 28 May 2024
2
Mulai menjabat sejak 28 Mei 2024 2
Served from 28 May 2024
424 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Kehadiran Komite Nominasi dan Remunerasi dalam Rapat Gabungan Fungsi
Attendance of the Nomination and Remuneration Committee in the Joint Function Meeting
Agenda, Tanggal, dan Kehadiran Komite Nominasi dan Remunerasi dalam Rapat Gabungan Fungsi
Agenda, Date, and Attendance of the Nomination and Remuneration Committee in the Joint Function Meeting
Peserta Rapat
Tanggal Agenda Meeting Participants
Date Agendas
H1 SS2 SSP1 DMS P
23 Januari I January 2024 Sosialisasi Juknis Penilaian Kinerja Tahunan Individu
Direksi, Dewan Komisaris, dan Komite di Subholding
dan Anak Perusahaan Tahun 2023
Dissemination of Guidelines for Individual Annual - - -
Performance Assessment of Directors, Board of
Commissioners, and Committees in Subholding and
Subsidiaries in 2023
2 Februari I February 2024 Sosialisasi Skema Pendanaan Exercise Hak Opsi MESOP
Tahap I PGE - -
-
Dissemination of the Funding Scheme for MESOP Stock
Option Exercise, Phase I for PGE
23 Februari I February 2024 Review Kinerja Semester II Tahun 2023 PGE
Review of PGE's Second Half Performance for 2023 - - -
26 Februari I February 2024 Town Hall Meeting PGE
PGE's Town Hall Meeting - - -
6 Maret I March 2024 Rapat Gabungan Komite Dekom dengan Fungsi PRM,
Controller, BD untuk Telaah Revisi RKAP PGE Tahun
2024 - - -
Joint Meeting of the BOC Committee with PRM,
Controller, and BD Functions for the Review of the PGE
2024 RKAP Revision
31 Mei I May 2024 Town Hall Meeting
- - -
10 Juni I June 2024 Pengenalan Anggota Komisaris baru
Introduction to New Member of Board of Commissioners - -
25 Juni I June 2024 1. Persiapan rapat dengan BOD BOC PPI terkait
Update Progres dan Pengisian Jabatan Kosong
2. Kendala dan Solusi pada Area Ulubelu
1. Preparation for meeting with PPI's BOD and BOC - - -
regarding Progress Update and Vacant Position
Filling
2. Challenges and Solutions in Ulubelu Area
28 Agustus I August 2024 Review Kinerja PGE Semester I Tahun 2024
Review of PGE's First Half Performance for 2024 - -
29 Agustus I August 2024 Town Hall Meeting
- -
31 Oktober I October 2024 RKAP 2025 dan Laporan Pengawasan 2024
The 2025 RKAP and 2024 Supervisory Report - -
8 November 2024 Pembahasan Masa Jabatan Komisaris Utama
Discussion of the President Commissioner's Term of Office - -
Keterangan I Notes :
H: Haris, SS: Sarman Simanjorang, SSP: Sujit S. Parhar, DMS: David Marito Saragih Turnip, P: Purwitohadi
1
Tidak lagi menjabat sejak 28 Mei 2024 1
No longer serving since 28 May 2024
2
Mulai menjabat sejak 28 Mei 2024 2
Served from 28 May 2024
2024 Annual Report PT Pertamina Geothermal Energy Tbk 425
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Frekuensi dan Kehadiran Komite Nominasi dan Remunerasi dalam Rapat Gabungan Fungsi
Frequency and Attendance of the Nomination and Remuneration Committee in Joint Function Meetings
Tingkat
Nama Jabatan Jumlah Pertemuan Kehadiran
Kehadiran
Name Position Number of Meetings Attendance
Attendance Rate
Harris1 Ketua / Chair 3 2 66,66%
Sarman Simanjorang2 Ketua / Chair 4 4 100%
Sujit S. Parhar1 Anggota / Member 5 0 0
David Marito Saragih Turnip Anggota / Member 12 12 100%
Purwitohadi Anggota / Member 12 11 91,66%
Keterangan: Notes:
1
Tidak lagi menjabat sejak 28 Mei 2024 1
No longer serving since 28 May 2024
2
Mulai menjabat sejak 28 Mei 2024 2
Served from 28 May 2024
Pelatihan dan Pengembangan Nomination and Remuneration
Kompetensi Komite Nominasi dan Committee Competency
Remunerasi Development and Training
Sepanjang tahun 2024, anggota Komite Nominasi dan Throughout the year, members of the Nomination and
Remunerasi telah mengikuti berbagai pelatihan dan Remuneration Committee have participated in various
pengembangan kompetensi untuk meningkatkan competency training and development to improve the
keahlian dan pengetahuan masing-masing anggota, skills and knowledge of each member, including:
antara lain:
Pendidikan dan/atau Pelatihan Komite Nominasi dan Remunerasi
Education and/or Training of the Nomination and Remuneration Committee
Program
Pengembangan Tempat dan
Nama Jabatan Penyelenggara
Kompetensi Tanggal
Name Position Organizer
Competency Development Date and Place
Program
Harris1 Ketua Prospek Bisnis Green Batam, 17 Mei | Direktorat Jenderal EBTKE -
Chair Hydrogen May 2024 Kementerian ESDM
Green Hydrogen Business Directorate General of NRE
Prospects and Energy Conservation -
Ministry of Energy and Mineral
Resources
Accelerating Net Zero Batam, 17 Mei | Bursa Efek Indonesia
and Unlocking Indonesia May 2024 Indonesia Stock Exchange
Carbon Market Potential
Through IDX Carbon
(Indonesia Carbon
Exchange)
Carbon Market Batam, 17 Mei | May PT Pertamina (Persero)
2024
Sarman Simanjorang2 Ketua Informasi pelatihan dan pengembangan kompetensi Sarman Simanjorang dapat dilihat
Chair pada sub bab Pelatihan Dewan Komisaris dan Direksi dalam Bab Profil Perusahaan.
Information on competency training and development of Sarman Simanjorang can be
seen in the sub-chapter of Board of Commissioners and Board of Directors Training in the
Company Profile Chapter.
Sujit S. Parhar1 Anggota Tidak ada
Member None
426 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 427
David Marito Saragih Turnip Anggota Informasi pelatihan dan pengembangan kompetensi David Marito Saragih Turnip dapat
Member dilihat pada sub bab Profil Komite Nominasi dan Remunerasi per 31 Desember 2024
dalam Bab Komite Di Bawah Dewan Komisaris.
Information on competency training and development of David Marito Saragih Turnip can
be seen in the sub-chapter of the Nomination and Remuneration Committee Profile as of
31 December 2024 in the Committees Under the Board of Commissioners Chapter.
Purwitohadi Anggota Informasi pelatihan dan pengembangan kompetensi Purwitohadi dapat dilihat pada sub
Member bab Profil Komite Nominasi dan Remunerasi per 31 Desember 2024 dalam Bab Komite
Di Bawah Dewan Komisaris.
Information on competency training and development of Purwitohadi can be seen in the
sub-chapter of the Nomination and Remuneration Committee Profile as of 31 December
2024 in the Committees Under the Board of Commissioners Chapter.
Keterangan: Notes:
1
Tidak lagi menjabat sejak 28 Mei 2024 No longer serving since 28 May 2024
1
2
Mulai menjabat sejak 28 Mei 2024 Served from 28 May 2024
2
Pelaksanaan Kegiatan Komite Implementation of Nomination and
Nominasi dan Remunerasi Tahun Remuneration Committee Activities
2024 in 2024
Komite Nominasi dan Remunerasi telah melaksanakan The Nomination and Remuneration Committee has
tugas dan tanggung jawab dengan membantu executed its duties and responsibilities by assisting in
pelaksanaan tugas Dewan Komisaris terkait fungsi the implementation of the duties of the Board of
Nominasi dan Remunerasi pada tahun 2024 dengan Commissioners related to the Nomination and
laporan pelaksanaan kegiatan sebagai berikut: Remuneration function in 2024 with the following
activity implementation report:
1. Melaksanakan Fungsi Nominasi 1. Implementing the Nomination Function
2. Melaksanakan Fungsi Remunerasi 2. Implementing the Remuneration Function
3. Kunjungan Kerja (Site Visit) 3. Paying Site Visits
4. Governance pada Kelembagaan Komite Nominasi 4. Governance in the Nomination and Remuneration
dan Remunerasi Committee Institution
5. Program Peningkatan Kompetensi Komite Nominasi 5. Competency Improvement Program for the
dan Remunerasi Nomination and Remuneration Committee
Komite Investasi dan Manajemen Investment and Risk Management
Risiko Committee
Komite Investasi dan Manajemen Risiko dibentuk The establishment of the Investment and Risk
sebagai organ pendukung yang membantu Dewan Management Committee serves as a supporting body
Komisaris dalam melakukan pengawasan terhadap to assist the Board of Commissioners in supervising
aktivitas investasi dan pengelolaan risiko yang tercakup investment activities and risk management encapsulated
dalam RKAP dan RJPP Perseroan. in the Company's RKAP and RJPP.
Pembentukan Komite Investasi dan Manajemen Risiko The establishment of the Company's Investment and
Perseroan mengacu kepada ketentuan dan peraturan Risk Management Committee refers to the following
perundang-undangan berikut: provisions and laws and regulations:
• Undang-Undang Republik Indonesia No. 40 Tahun • Law of the Republic of Indonesia No. 40 of 2007
2007 tentang Perseroan Terbatas. on Limited Liability Companies.
• Undang-Undang No. 19 Tahun 2003 tentang • Law No. 19 of 2003 on SOEs.
BUMN.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 427
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
• Peraturan Menteri Negara Badan Usaha Milik • Regulation of the Minister of State-Owned
Negara Nomor PER-06/MBU/04/2021 tahun Enterprises Number PER-06/MBU/04/2021 of
2021 tentang Perubahan Atas Peraturan Menteri 2021 on Amendments to the Regulation of the
Badan Usaha Milik Negara Nomor PER-12/ Minister of State-Owned Enterprises Number PER-
MBU/2012 tanggal 24 Agustus 2012 tentang 12/MBU/2012 dated 24 August 2012 on
Organ Pendukung Dewan Komisaris/Dewan Supporting Organs of the Board of Commissioners/
Pengawas Badan Usaha Milik Negara. Supervisory Board of State-Owned Enterprises.
• Peraturan Menteri Negara BUMN No. Per-2/ • Regulation of the Minister of State-Owned
MBU/03/2023 tentang Pedoman Tata Kelola Enterprises No. Per-2/MBU/03/2023 on
dan Kegiatan Korporasi Signifikan Badan Usaha. Guidelines for Governance and Significant
Corporate Activities of Business Entities.
Komposisi Komite Investasi dan Composition of the Investment and
Manajemen Risiko Risk Management Committee
Komite Investasi dan Manajemen Risiko PGE dibentuk The establishment of PGE Investment and Risk
berdasarkan Surat Keputusan Dewan Komisaris No. Management Committee is based on Decree of the
Kpts-021/DK/PGE/2024-S0 tanggal 07 Oktober Board of Commissioners No. Kpts-021/DK/
2024 tentang Penetapan dan Pengangkatan Anggota PGE/2024-S0 dated 7 October 2024 on the
Komite Investasi dan Manajemen Risiko Dewan Determination and Appointment of Members of the
Komisaris PT Pertamina Geothermal Energy Tbk. Investment and Risk Management Committee of the
Board of Commissioners of PT Pertamina Geothermal
Energy Tbk.
Pada tahun 2024 terdapat perubahan komposisi In 2024 changes were made to the composition of the
Komite Investasi dan Manajemen Risiko sebagai Investment and Risk Management Committee as
berikut: follows:
• Berakhirnya masa jabatan Dannif Danusaputro • The term of office of Dannif Danusaputro as Chair
sebagai Ketua pada 28 Mei 2024 dan digantikan ends on 28 May 2024 and replaced by Harris on
oleh Harris pada 29 Mei 2024. 29 May 2024.
• Berakhirnya masa jabatan Sujit S. Parhar sebagai • The term of office of Sujit S. Parhar as Member
Anggota pada 28 Mei 2024. ends on 28 May 2024.
• Berakhirnya masa jabatan Iya Rusdiana sebagai • The term of office of Iya Rusdiana as Member ends
Anggota pada 31 Oktober 2024. on 31 October 2024.
• Berakhirnya masa jabatan Yessa Arthur Erriadita • The term of office of Yessa Arthur Erriadita as
sebagai Anggota pada 31 Oktober 2024. Member ends on 31 October 2024.
• Mulai menjabatnya Gigih Udi Atmo sebagai Ketua • The term of office of Gigih Udi Atmo as Chair
sejak 1 Agustus 2024. begins from 1 August 2024.
• Mulai menjabatnya Andree Mulia Krisdiansyah • The term of office of Andree Mulia Krisdiansyah
Harahap sebagai Anggota sejak 31 Oktober Harahap as Member begins from 1 October
2024. 2024.
Dengan demikian, komposisi Komite Investasi dan Thus, the composition of PGE Investment and Risk
Manajemen Risiko PGE per akhir tahun 2024 adalah Management Committee as of the end of 2024 is as
sebagai berikut: follows:
Nama Jabatan Periode Menjabat
Name Position Term of Office
Gigih Udi Atmo Ketua / Chair 1 Agustus 2024 - 31 Desember 2024
1 August 2024 - 31 December 2024
Andree Mulia Krisdiansyah Harahap Anggota / Member 31 Oktober 2024 - 31 Desember 2024
31 October 2024 - 31 December 2024
428 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 429
Profil Komite Investasi dan Manajemen Risiko per 31 Desember 2024
Profile of the Investment and Risk Management Committee as of 31 December 2024
Gigih Udi Atmo
Ketua Komite Investasi dan Manajemen Risiko
Chairperson of the Investment and Risk Management Committee
Dasar hukum penugasan sebagai The legal basis for the assignment as
Ketua Komite Investasi dan Chair of the Investment and Risk
Manajemen Risiko adalah Surat Management Committee is Decree of
Keputusan Dewan Komisaris No. the Board of Commissioners No.
Kpts-017/DK/PGE/2024-S0 tanggal Kpts-017/DK/PGE/2024-S0 dated
01 Agustus 2024 yang diperbarui 1 August 2024 which was updated
dengan Surat Keputusan Dewan by Decree of the Board of
Komisaris No. Kpts-021/DK/ Commissioners No. Kpts-021/DK/
PGE/2024-S0 tanggal 07 Oktober PGE/2024-S0 dated 7 October
2024. 2024.
Gigih Udi Atmo juga merupakan Gigih Udi Atmo is also a Commissioner
Komisaris PGE dan memiliki keahlian of PGE and has expertise in
dibidang Teknik, Geothermal, Engineering, Geothermal, Business
Manajemen Bisnis. Profil beliau Management. His profile can be seen
dapat dilihat pada bagian Profil in the Board of Commissioners Profile
Dewan Komisaris di Bab Profil section in the Company Profile
Perusahaan dalam Laporan Tahunan Chapter in this Annual Report.
ini.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 429
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Andree Mulia Krisdiansyah Harahap
Anggota Komite Investasi dan Manajemen Risiko
Member of the Investment and Risk Management Committee
Kewarganegaraan : Warga Negara Indonesia
Nationality Indonesian
Usia | Age : 48 tahun / years old
Domisili | Domicile : Jakarta
Dasar Hukum Penunjukan : Berdasarkan Surat Keputusan Dewan Komisaris No. 021/DK/PGE/2024-S0 tanggal
Legal Basis of Appointment : 7 Oktober 2024 Tentang Penetapan Dan Pengangkatan Komite Investasi dan Manajemen Risiko Dewan
Komisaris PT Pertamina Geothermal Energy Tbk
Based on Decree of the Board of Commissioners No. 021/DK/PGE/2024-S0 dated 7 October 2024 on the
Determination and Appointment of the Investment and Risk Management Committee of the Board of
Commissioners of PT Pertamina Geothermal Energy Tbk
Periode Menjabat : 31 Oktober 2024 – 30 Oktober 2027
Term of Office : 31 October 2024 - 30 October 2027
Latar Belakang Pendidikan : • Sarjana Teknik Sipil, Institut Teknologi Bandung (1995 - 1999)
Educational Background : • MBA - Class of December 2009, INSEAD (Januari - Desember 2009)
• Bachelor of Civil Engineering, Bandung Institute of Technology (1995 - 1999)
• MBA - Class of December 2009, INSEAD (January - December 2009)
Sertifikasi : -
Certification :
Bidang Keahlian : Teknik, Manajemen Bisnis, Akuntansi
Areas of Expertise : Engineering, Business Management, Accounting
Pengalaman Kerja : • Principal/Associate Partner, APMEA Energy & Cleantech and Indonesia Industrial Practice Leader, Egon
Work Experience : Zehnder (2017 – 2023)
• Head of Petroleum Analysis & Economics, Totalenergies (2016 – 2017)
• Petroleum Architect (Project Manager & Field Development Engineer), Totalenergies
(2013 – 2016)
• Business Development & Negotiator, Total Energies (2010 – 2013)
• Country Sales Engineer, Schlumberger (2007 – 2008)
• Project Engineer, Service Quality Coach, Schlumberger (2005 – 2007)
• General Field Engineer, Schlumberger (2003 – 2005)
• Field Engineer Development Program, Schlumberger (2000 – 2003)
Rangkap Jabatan : Vice President Business Development New Renewable Energy (2024 – sekarang)
Concurrent Positions : Vice President Business Development New Renewable Energy (2024 – present)
Hubungan Afiliasi : Tidak memiliki hubungan afiliasi baik dengan anggota Direksi, anggota Dewan Komisaris lainnya, maupun
Affiliate Relations : dengan pemegang saham pengendali dan utama.
Does not have any affiliations with members of the Board of Directors, or fellow members of the Board of
Commissioners, nor with the controlling and ultimate shareholders.
430 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Independensi Komite Investasi dan Independence of the Investment and
Manajemen Risiko Risk Management Committee
Sebagai jaminan objektivitas dan tidak adanya As an assurance of objectivity and the absence of
benturan kepentingan, seluruh anggota Komite conflict of interests, all members of the Investment and
Investasi dan Manajemen Risiko telah menyatakan Risk Management Committee declared their
independensinya, yang menegaskan bahwa mereka independence, confirming that they have no relationship
tidak memiliki hubungan dengan kepengurusan, with management, share ownership, or family
kepemilikan saham, maupun hubungan keluarga relationship up to the second degree with members of
hingga derajat kedua dengan anggota Dewan the Board of Commissioners, Board of Directors, or
Komisaris, Direksi, maupun Pemegang Saham. Shareholders.
Pernyataan Independensi Komite Investasi dan Manajemen Risiko
Statement of Independence of Investment and Risk Management Committee
Andree
Gigih Yessa
Pernyataan Independensi Dannif Sujit S Iya Mulia
No. Harris1
Danusaputro2
Udi
Parhar2 Rusdiana5
Arthur
Krisdiansyah
Statement of Independence Atmo3 Erriadita4
Harahap6
1 Tidak bekerja atau memiliki wewenang
untuk merencanakan, memimpin,
mengendalikan, atau mengawasi
kegiatan Perseroan dalam 6 bulan
terakhir
Not working or has authority to plan, lead,
control, or supervise the Company’s
activities for the last six months
2 Tidak secara langsung maupun tidak
langsung memiliki saham di Perseroan
Not directly or indirectly owning any
shares in the Company
3 Tidak memiliki hubungan afiliasi dengan
Perseroan atau pemegang saham utama/
pengendali atau salah satu anggota
Dewan Komisaris atau Direksi
Not having any affiliation with the
Company or the ultimate/controlling
shareholders or one of members of the
Board of Commissioners or the Board of
Directors.
4 Tidak memiliki hubungan kerja/
profesional langsung maupun tidak
langsung dengan Perseroan
Not directly or indirectly having any work
or professional relationship with the
Company
Keterangan: Notes:
1
Mulai menjabat sejak 28 Mei 2024, dan Tidak lagi menjabat 1
Served from 28 May 2024, and No longer serving
sejak 31 Juli 2024 since 31 July 2024
2
Tidak lagi menjabat sejak 28 Mei 2024 2
No longer serving since 28 May 2024
3
Mulai menjabat sejak 1 Agustus 2024 3
Served from 1 Agustus 2024
4
Tidak lagi menjabat sejak 31 Oktober 2024 4
No longer serving since 31 October 2024
5
Tidak lagi menjabat sejak 1 November 2024 5
No longer serving since 1 November 2024
6
Mulai menjabat sejak 31 Oktober 2024 6
Served from 31 October 2024
2024 Annual Report PT Pertamina Geothermal Energy Tbk 431
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Piagam Komite Investasi dan Charter of the Investment and Risk
Manajemen Risiko Management Committee
Komite Investasi dan Manajemen Risiko memiliki The Investment and Risk Management Committee has
Piagam Komite Investasi dan Manajemen Risiko yang established an Investment and Risk Management
telah disahkan melalui Surat Keputusan No. Kpts-021/ Committee Charter that has been ratified through
DK/PGE/2024-S0 tanggal 7 Oktober 2024 tentang Decree No. Kpts-021/DK/PGE/2024-S0 dated 7
Penetapan dan Pengangkatan Anggota Komite October 2024 on the Determination and Appointment
Investasi dan Manajemen Risiko Dewan Komisaris PT of Members of the Investment and Risk Management
Pertamina Geothermal Energy Tbk. Piagam tersebut Committee of the Board of Commissioners of PT
disusun sebagai pedoman pelaksanaan tugas dan Pertamina Geothermal Energy Tbk. The charter is
tanggung jawab Komite agar berjalan efisien, efektif, prepared as a manual for the implementation of the
transparan, kompeten, independen, dan dapat Committee's duties and responsibilities so that it runs in
dipertanggungjawabkan. an efficient, effective, transparent, competent,
independent, and accountable manner.
Isi piagam Komite Investasi dan Manajemen Risiko The contents of the Investment and Risk Management
adalah sebagai berikut: Committee charter are as follows:
• Pendahuluan • Introduction
• Tugas dan tanggung jawab • Duties and Responsibilities
• Komposisi, struktur keanggotaan • Composition, membership structure
• Tata cara dan prosedur kerja • Work mechanism and procedures
• Kebijakan penyelenggaraan rapat • Meeting policy
• Sistem pelaporan kegiatan • Activity reporting system,
• Masa jabatan • Term of office
• Pemberlakuan • Enforcement
Tugas dan Tanggung Jawab Komite Duties and Responsibilities of the
Investasi dan Manajemen Risiko Investment and Risk Management
Committee
Komite Investasi dan Manajemen Risiko memiliki tugas The duties and responsibilities of the Investment and
dan tanggung jawab untuk: Risk Management Committee are as follows:
• Melakukan evaluasi atas perencanaan pengurusan • Evaluate the Company's management planning
Perseroan (RJPP/RKAP) dan tingkat risikonya serta (RJPP/RKAP) and its risk level, and monitor and
melakukan pemantauan dan analisis analyze its implementation.
pelaksanaannya.
• Melakukan evaluasi atas perencanaan investasi • Evaluate investment planning requested for
yang dimintakan persetujuan oleh Direksi atau approval by the Board of Directors or written
tanggapan tertulis dari Dewan Komisaris dan responses from the Board of Commissioners and
melakukan pemantauan pelaksanaannya serta monitor its implementation and analyze investment
analisis hasil investasi. results.
• Melakukan kajian berkala atas efektivitas • Conduct periodic reviews of the effectiveness of
kebijakan investasi serta risiko yang terkait di investment policies and the risks associated
dalamnya sebagai bahan pendapat Dewan therewith as material for the Board of
Komisaris. Commissioners' opinions.
• Menyediakan bahan rujukan dan informasi untuk • Provide reference materials and information for the
keperluan Dewan Komisaris terkait pengelolaan needs of the Board of Commissioners related to the
investasi Perseroan. Company's investment management.
• Memberikan masukan dan rekomendasi atas • Provide input and recommendations on the Board
laporan Direksi dalam pengurusan investasi of Directors' reports in managing the Company's
Perseroan. investments.
• Membuat rencana kerja tahunan yang diselaraskan • Create an annual work plan aligned with the
dengan rencana kerja tahunan Dewan Komisaris. Board of Commissioners' annual work plan.
• Melaporkan secara berkala hasil-hasil kerja komite • Periodically report the results of the committee's
kepada Dewan Komisaris. work to the Board of Commissioners.
432 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 433
• Secara periodik melakukan pengkajian dan • Periodically review and examine the completeness
menelaah kelengkapan Piagam Komite dan of the Committee Charter and provide
memberikan rekomendasi kepada Dewan recommendations to the Board of Commissioners
Komisaris atas penyesuaian-penyesuaian yang on necessary adjustments.
diperlukan.
• Melaksanakan tugas lain dari Dewan Komisaris • Perform other duties of the Board of Commissioners
terkait peran dan tanggung jawab Dewan related to the role and responsibilities of the Board
Komisaris dalam hal pengawasan atas investasi of Commissioners in supervising the Company's
Perseroan. investments.
Wewenang Komite Investasi dan Authority of the Investment and Risk
Manajemen Risiko Management Committee
Wewenang Komite Investasi dan Manajemen Risiko, The authority of the Investment and Risk Management
meliputi: Committee includes:
• Menerima otoritas dan penugasan dari Dewan • Receiving authority and assignments from the
Komisaris. Board of Commissioners.
• Berwenang untuk mengakses informasi atau • Authorized to access information or records on
catatan tentang pekerja, keuangan, aset, employees, finances, assets, company policies and
kebijakan perusahaan serta sumber daya other Company resources related to the
Perseroan lainnya yang berkaitan dengan implementation of its duties.
pelaksanaan tugasnya.
• Dalam melaksanakan wewenang sebagaimana • In performing the authority as referred to in number
angka 2 butir b di atas, Komite Investasi dan 2 point b above, the Investment and Risk
Manajemen Risiko bekerja sama dengan Sekretaris Management Committee cooperates with the
Dewan Komisaris, Sekretaris Perusahaan dan unit- Secretary of the Board of Commissioners, the
unit lain yang berkaitan dengan tugasnya. Corporate Secretary and other units related to its
duties.
• Apabila diperlukan, dengan persetujuan tertulis • If necessary, with the written approval of the Board
Dewan Komisaris, Komite Investasi dan Manajemen of Commissioners, the Investment and Risk
Risiko dapat mempekerjakan tenaga ahli dan/ Management Committee may employ experts
atau konsultan untuk membantu Komite Investasi and/or consultants to assist the Investment and
dan Manajemen Risiko, atas biaya perusahaan. Risk Management Committee, at the Company's
expense.
• Apabila diperlukan, dengan persetujuan tertulis • If necessary, with the written approval of the Board
Dewan Komisaris, Komite Investasi dan Manajemen of Commissioners, the Investment and Risk
Risiko dapat membentuk suatu tim yang bersifat Management Committee may form an ad-hoc
ad-hoc, yang kriteria dan periode penugasannya team, whose criteria and assignment period are
disesuaikan dengan jenis pekerjaannya. adjusted to the type of work.
Kebijakan dan Pelaksanaan Rapat Policies and Implementation of
Komite Investasi dan Manajemen Investment and Risk Management
Risiko Committee Meeting
a. Rapat Komite Investasi dan Manajemen Risiko a. Investment and Risk Management Committee
diselenggarakan secara berkala paling kurang Meetings are held periodically at least once a
sekali dalam satu bulan. month.
b. Rapat dapat diadakan baik dengan kehadiran b. Meetings can be held in-person or virtually. Virtual
secara fisik maupun non-fisik. Rapat yang dihadiri meetings are conducted via teleconference, video
secara non-fisik dilakukan melalui media conference, or other electronic media that allow
telekonferensi, video konferensi, atau sarana all meeting participants to speak and hear each
media elektronik lainnya yang memungkinkan, other directly and participate in the meeting.
semua peserta rapat saling berbicara dan
mendengar secara langsung serta berpartisipasi
dalam rapat.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 433
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
c. Keputusan Rapat diambil berdasarkan musyawarah c. Meeting decisions are taken based on amicable
mufakat. Dalam hal keputusan musyawarah deliberation and consensus. In the event that a
mufakat tidak tercapai, maka pengambilan consensus decision is not reached, then the
keputusan dilakukan berdasarkan suara terbanyak. decision is made based on the majority vote.
d. Hasil Rapat wajib dituangkan dalam risalah rapat d. The results of the Meeting must be stated in the
dan didokumentasikan secara baik. Risalah Rapat minutes of the meeting and properly documented.
tersebut wajib disampaikan secara tertulis kepada The minutes of the Meeting must be submitted in
Dewan Komisaris. writing to the Board of Commissioners.
e. Perbedaan pendapat (dissenting opinions) dalam e. Dissenting opinions in the decision-making of the
pengambilan keputusan Rapat wajib dimuat dalam Meeting must be included in the Minutes of the
Risalah Rapat beserta alasan perbedaan pendapat Meeting along with the grounds for the dissenting
tersebut. opinions.
f. Komite Investasi dan Manajemen Risiko dapat f. The Investment and Risk Management Committee
juga mengambil keputusan yang sah tanpa may also make valid decisions without holding a
mengadakan Rapat, dengan ketentuan; semua Meeting, provided that; all committee members
anggota komite telah diberitahu, secara tertulis have been notified in writing and all committee
dan semua anggota komite memberikan members have given their approval regarding the
persetujuan mengenal usul yang diajukan secara proposal submitted
tertulis dengan menandatangani suatu persetujuan
sirkular.
Pada tahun 2024, Komite Investasi dan Manajemen Throughout the year, the Investment and Risk
Risiko melaksanakan rapat internal enam kali, Management Committee held six internal meetings,
menghadiri rapat gabungan Dewan Komisaris dengan attended 12 joint meetings of the Board of
Direksi 12 kali dan rapat gabungan fungsi sebanyak Commissioners and the Board of Directors and 19 joint
19 kali, pelaksanaan kunjungan kerja/ site visit ke WKP functional meetings, paid five work visits/site visits to
PGE lima kali, dan program pengembangan kompetensi PGE's WKP, and six competency development
sebanyak enam kali, dengan capaian KPI mencapai programs, with KPI achievements reaching 137.8%.
137,8%.
434 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 435
Kehadiran Komite Investasi dan Manajemen Risiko dalam Rapat Internal
Attendance of Investment and Risk Management Committee in Internal Meetings
Agenda, Tanggal, dan Kehadiran Komite Investasi dan Manajemen Risiko dalam Rapat Internal
Agenda, Date, and Attendance of the Investment and Risk Management Committee in Internal Meetings
Peserta Rapat
Meeting Participants
Tanggal Agenda
Date Agendas
DD1 H2 GUA3 SSP1 IR5 YAE4 AMK6
2 Februari | Pembahasan Pedoman Investasi PGE
- - -
February 2024 PGE Investment Guidelines Discussion
25 Mei | Telaah RKAP PGE Tahun 2025
- - - -
May 2024 Review of PGE's 2025 RKAP
9 Juni | Pembahasan Terkait Penyampaian Non-Bidding
June 2024 Offer (NBO) Proyek Mira - - - -
Discussion Regarding Submission of Non-Binding
Offer (NBO) for Mira Project
3 Juli | July 2024 Pembahasan atas Rancangan RJPP Tahun 2025-
2029 - - - -
Discussion on the Draft RJPP for 2025-2029
6 Agustus | Pengenalan Anggota dan Kinerja Komite Investasi
August 2024 dan Manajemen Risiko triwulan I 2024
Introduction of Members and Performance of the - - - -
Investment and Risk Management Committee Q1
2024
10 September 2024 1. Pembahasan Telaahan Komite Investasi dan
Manajemen Risiko
2. Konsep Persetujuan Gunung Tiga - - - -
1. Discussion of Investment and Risk Management
Committee Review
2. Gunung Tiga Agreement Concept
Keterangan | Notes:
DD: Dannif Danusaputro, H: Harris, GUA: Gigih Udi Atmo, SSP: Sujit S. Parhar, IR: Iya Rusdiana, YAE: Yessa Arthur Erriadita,
AMK: Andree Mulia Krisdiansyah
1
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2
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Served from 29 May to 1 August 2024
3
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4
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5
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6
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2024 Annual Report PT Pertamina Geothermal Energy Tbk 435
Page 436
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Frekuensi dan Kehadiran Komite Investasi dan Manajemen Risiko dalam Rapat Internal
Frequency and Attendance of Investment and Risk Management in Internal Meetings
Jumlah Tingkat
Nama Jabatan Pertemuan Kehadiran Kehadiran
Name Position Number of Attendance Attendance
Meetings Rate
Dannif Danusaputro1 Ketua | Chair 2 2 100%
Harris2 Ketua | Chair 2 2 100%
Gigih Udi Atmo3 Ketua | Chair 2 2 100%
Sujit S. Parhar1 Anggota | Member 2 1 50%
Iya Rusdiana5 Anggota | Member 6 6 100%
Yessa Arthur Erriadita4 Anggota | Member 6 6 100%
Andree Mulia Krisdiansyah Harahap6 Anggota | Member 0 0 0
1
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2
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3
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4
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5
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6
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Kehadiran Komite Investasi dan Manajemen Risiko dalam Rapat Gabungan
Dewan Komisaris dengan Direksi
Attendance of the Investment and Risk Management Committee in the Joint Meeting of the
Board of Commissioners and the Board of Directors
Agenda, Tanggal, dan Kehadiran Komite Investasi dan Manajemen Risiko dalam Rapat Gabungan Dewan Komisaris dan Direksi
Agenda, Date, and Attendance of the Investment and Risk Management Committee at the Joint Meeting of the Board of Commissioners and Directors
Peserta Rapat
Meeting Participants
Tanggal Agenda
Date Agendas
DD1 H2 GUA3 SSP1 IR5 YAE4 AMK6
29 Januari | 1. Evaluasi Pencapaian 2023 dan Strategi
January 2024 Pencapaian Target 2024
2. Review/Tindak Lanjut Hasil Rapat
Sebelumnya
3. Executive Summary dan Kinerja Perusahaan
Desember 2023
4. Persiapan Rencana RUPSLB, ESOP dan
MESOP. - - -
1. Evaluation of 2023 Achievements and 2024
Target Achievement Strategy
2. Review/Follow-up of Previous Meeting Results
3. Executive Summary and Company
Performance December 2023
4. Preparation of EGMS, ESOP and MESOP
Plans.
436 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 437
Agenda, Tanggal, dan Kehadiran Komite Investasi dan Manajemen Risiko dalam Rapat Gabungan Dewan Komisaris dan Direksi
Agenda, Date, and Attendance of the Investment and Risk Management Committee at the Joint Meeting of the Board of Commissioners and Directors
Peserta Rapat
Meeting Participants
Tanggal Agenda
Date Agendas
DD1 H2 GUA3 SSP1 IR5 YAE4 AMK6
29 Februari | 1. Update Merger and Acquisition/ Inorganic
February 2024 Growth
2. Update Progress Foreign Exchange Mismatch
Management
3. Update Progres Potensi Re-Organization
4. Review/Tindak Lanjut Hasil Rapat
Sebelumnya
5. Executive Summary dan Kinerja Perusahaan
Januari 2024. -
- -
1. Merger and Acquisition/ Inorganic Growth
Update
2. Foreign Exchange Mismatch Management
Progress Update
3. Potential Re-Organization Progress Update
4. Review/Follow-up on Previous Meeting
Results
5. Executive Summary and Company
Performance January 2024.
19 Maret | March 1. Review/Tindak Lanjut Hasil Rapat
2024 Sebelumnya
2. Executive Summary dan Kinerja Perusahaan
Februari 2024
3. Update Proyek Hululais, Sibayak, Seulawah,
dan Lumut Balai Unit 2
4. Laporan Persiapan RUPST PGE - - -
1. Review/Follow-up of Previous Meeting
Results
2. Executive Summary and Company
Performance February 2024
3. Update on Hululais, Sibayak, Seulawah, and
Lumut Balai Unit 2 Projects
4. PGE AGM Preparation Report
29 April 2024 1. Update Proyek LMB-2, KTB, HLS, SBY, BDN,
SLW, Co-generation dan Anorganik
2. Update Pendanaan Proyek LMB2 dengan
Melemahnya JPY
3. Review/Tindak Lanjut Hasil Rapat
Sebelumnya
4. Executive Summary dan Kinerja perusahaan
Maret 2024
5. Persiapan RUPST - - -
1. LMB-2, KTB, HLS, SBY, BDN, SLW, Co-
generation and Inorganic Project Updates
2. LMB2 Project Funding Update with
Weakening JPY
3. Review/Follow-up of Previous Meeting Results
4. Executive Summary and Company
Performance March 2024
5. Preparation for AGMS
16 Mei | May 2024 1. Review/Tindak Lanjut Hasil Rapat
Sebelumnya
2. Executive Summary dan Kinerja Perusahaan
April 2024.
- - - -
1. Review/Follow-up of Previous Meeting
Results
2. Executive Summary and Company
Performance April 2024.
28 Juni | June 2024 1. Progress Target 1 GW (HLS, LMB & Co-
gen), Seulawah
2. Progress Merger and Acquisition
3. Review/Tindak Lanjut Hasil Rapat
Sebelumnya
4. Executive Summary dan Kinerja Perusahaan
Mei 2024. - - - -
1. Progress Target 1 GW (HLS, LMB & Co-gen),
Seulawah
2. Progress Merger and Acquisition
3. Review/Follow-up of Previous Meeting Results
4. Executive Summary and Company
Performance May 2024.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 437
Page 438
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Agenda, Tanggal, dan Kehadiran Komite Investasi dan Manajemen Risiko dalam Rapat Gabungan Dewan Komisaris dan Direksi
Agenda, Date, and Attendance of the Investment and Risk Management Committee at the Joint Meeting of the Board of Commissioners and Directors
Peserta Rapat
Meeting Participants
Tanggal Agenda
Date Agendas
DD1 H2 GUA3 SSP1 IR5 YAE4 AMK6
30 Juli | July 2024 1. Update Progress 1GW
2. Review/Tindak Lanjut Hasil Rapat
Sebelumnya
3. Executive Summary dan Kinerja Perusahaan
Juni 2024
4. Review Kinerja Semester I Tahun 2024 PGE
1. 1GW Progress Update - - - -
2. Review/Follow-up on Previous Meeting
Results
3. Executive Summary and Company
Performance June 2024
4. Review of PGE's First Semester 2024
Performance
29 Agustus | 1. Update Progress 1GW
August 2024 2. Review/Tindak Lanjut Hasil Rapat
Sebelumnya
3. Executive Summary dan Kinerja Perusahaan
Juli 2024
4. Review kinerja Semester I Tahun 2024 PGE - - - -
1. 1GW Progress Update
2. Review/Follow-up on Previous Meeting
Results
3. Executive Summary and Company
Performance July 2024
4. Review of PGE's Semester I 2024 Performance
30 September 2024 1. Update Proyek Mira
2. Update Progres 1GW
3. Review/Tindak Lanjut Hasil Rapat
Sebelumnya
4. Executive Summary dan Kinerja Perusahaan
Agustus 2024. - - - -
1. Mira Project Update
2. 1GW Progress Update
3. Review/Follow-up of Previous Meeting
Results
4. Executive Summary and Company
Performance August 2024.
31 Oktober | 1. Review/Tindak Lanjut Hasil Rapat
October 2024 Sebelumnya
2. Executive Summary dan Kinerja Perusahaan
September 2024 - - - - -
1. Review/Follow-up of Previous Meeting Results
2. Executive Summary and Company
Performance September 2024
28 November 2024 1. Overview RKAP 2025
2. Aspek Keekonomian Area Sibayak
3. Tindak Lanjut Rapat Sebelumnya
4. Executive Summary dan Kinerja Perusahaan
Oktober 2024 - - - - -
1. Overview of RKAP 2025
2. Economic Aspects of the Sibayak Area
3. Follow-up to the Previous Meeting
4. Executive Summary and Company
Performance October 2024
20 Desember | 1. Tindak Lanjut Rapat Sebelumnya
December 2024 2. Executive Summary dan Kinerja Perusahaan
Oktober 2024
3. Tinjauan Penurunan Saham PGEO (Mitigasi
dan Strategi ke Depan) - - - - -
1. Follow-up to the Previous Meeting
2. Executive Summary and Company
Performance October 2024
3. Review of PGEO Stock Decline (Mitigation
and Future Strategy)
Keterangan | Notes:
DD: Dannif Danusaputro, GUA: Gigih Udi Atmo, SSP: Sujit S. Parhar, IR: Iya Rusdiana,YAE: Yessa Arthur Erriadita,
AMK: Andree Mulia Krisdiansyah
1
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3
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Frekuensi dan Kehadiran Komite Investasi dan Manajemen Risiko dalam Rapat Gabungan Dewan Komisaris dan Direksi
Frequency and Attendance of the Investment and Risk Management Committee at the Joint Meeting of the Board of Commissioners
and Directors
Jumlah Tingkat
Nama Jabatan Pertemuan Kehadiran Kehadiran
Name Position Number of Attendance Attendance
Meeting Rate
Dannif Danusaputro1 Ketua / Chair 5 5 100%
Harris2 Ketua / Chair 2 2 100%
Gigih Udi Atmo3 Ketua / Chair 5 5 100%
Sujit S. Parhar1 Anggota / Member 5 4 80%
Iya Rusdiana5 Anggota / Member 10 10 100%
Yessa Arthur Erriadita4 Anggota / Member 10 9 90%
Andree Mulia Krisdiansyah Harahap6 Anggota / Member 2 2 100%
1
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2
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Served from 29 May to 1 August 2024
3
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Served from 1 August 2024
4
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5
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6
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Kehadiran Komite Investasi dan Manajemen Risiko dalam Rapat Gabungan
Fungsi
Attendance of the Investment and Risk Management Committee at the Joint Function
Meeting
Agenda, Tanggal, dan Kehadiran Komite Investasi dan Manajemen Risiko dalam Rapat Gabungan Fungsi
Agenda, Date, and Attendance of the Investment and Risk Management Committee in the Joint Function Meeting
Peserta Rapat
Meeting Participants
Tanggal Agenda
Date Agendas
DD1 H2 GUA3 SSP1 IR5 YAE4 AMK6
2 Februari | February Pembahasan Pedoman Investasi PGE
- - - - -
2024 PGE Investment Guidelines Discussion
23 Februari | 1. Laporan kinerja Komite semester II Tahun
February 2024 2023
2. Review kinerja PGE Semester II Tahun 2023
1. Committee performance report for Semester II - - -
of 2023
2. PGE performance review for Semester II of
2023
26 Februari | Town Hall Meeting PGE
February 2024 1. Perkenalan Pengurus Baru Perseroan
2. Pencapaian Kinerja 2023 dan Target 2024
PGE Town Hall Meeting - - - -
-
1. Introduction of the Company's New
Management
2. 2023 Performance Achievements and 2024
Targets
6 Maret | March Rapat Gabungan Komite di bawah Dewan
2024 Komisaris dengan Fungsi PRM, Controller, BD.
Telaah Revisi RKAP PGE Tahun 2024
- - - - -
Joint Meeting of Board of Commissioners’ Committee
with PRM, Controller, BD Functions. Review of PGE
RKAP Revision 2024
2024 Annual Report PT Pertamina Geothermal Energy Tbk 439
Page 440
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Agenda, Tanggal, dan Kehadiran Komite Investasi dan Manajemen Risiko dalam Rapat Gabungan Fungsi
Agenda, Date, and Attendance of the Investment and Risk Management Committee in the Joint Function Meeting
Peserta Rapat
Meeting Participants
Tanggal Agenda
Date Agendas
DD1 H2 GUA3 SSP1 IR5 YAE4 AMK6
31 Mei | Rapat Gabungan dengan Fungsi Finance, BD, PRM
May 2024 Terkait Usulan RKAP 2025 - - - -
Joint Meeting with Finance, BD, PRM Functions
Regarding 2025 RKAP Proposal
3 Juni | Town Hall Meeting PGE
- - - - -
June 2024 PGE Town Hall Meeting
10 Juni | Perkenalan Fungsi Dewan Komisaris
June 2024 Introduction to the Functions of the Board of - - - -
Commissioners
28 Juni | Laporan Project Gunung Tiga dan Cluster M
June 2024 Ulubelu - - - -
Gunung Tiga Project Report and Cluster M Ulubelu
23 Juli | 1. Pemipaan Fasilitas Produksi Cluster M
July 2024 2. Proyek Eksplorasi Ulubelu Extension (Gunung
Tiga). - -
- -
1. Piping of Cluster M Production Facilities
2. Ulubelu Extension Exploration Project (Gunung
Tiga).
15 Agustus | Update Proyek Lumut Balai Unit 1 & 2
- - - -
August 2024 Lumut Balai Unit 1 & 2 Project Update
28 Agustus | August Proyek Eksplorasi Ulubelu Ext 1 Prospek Gunung
2024 Tiga WKP Gunung Way Panas - - -
-
Ulubelu Ext 1 Exploration Project Gunung Tiga
Prospect WKP Gunung Way Panas
10 September 2024 1. Pembahasan Telaahan Komite Investasi dan
Manajemen Risiko
2. Konsep Persetujuan Gunung Tiga - -
- -
1. Discussion of Investment and Risk Management
Committee Review
2. Gunung Tiga Agreement Concept
25 September 2024 Co-gen Project
- - - -
02 Oktober | Finalisasi Draft Surat Rekomendasi KIMR dan BOC
October 2024 perihal Project Mira - - -
- -
Finalization of Draft Recommendation Letter of KIMR
and BOC regarding Mira Project
03 Oktober | Diskusi Draft Surat Rekomendasi KIMR dan BOC
October 2024 Perihal Project Mira - - - -
-
Discussion of Draft Recommendation Letter of KIMR
and BOC Regarding Mira Project
08 Oktober | Diskusi Draft Surat Rekomendasi KIMR dan BOC
October 2024 perihal Project Mira - - -
- -
Discussion of Draft Recommendation Letter of KIMR
and BOC regarding Mira Project
17 Oktober | Strategi Investasi PGE pada triwulan 4 2024
- - - - -
October 2024 PGE Investment Strategy in Q4 2024
08 November 2024 Penyusunan Program Kerja KIMR 2025
- - - - -
Preparation of the 2025 KIMR Work Program
13 Desember | Review PJBU antara PGE dan Dizamatra untuk PLTP
December 2024 Sibayak - - - -
-
Review of PJBU between PGE and Dizamatra for
Sibayak Geothermal Power Plant
Keterangan | Notes:
DD: Dannif Danusaputro, H: Harris, GUA: Gigih Udi Atmo, SSP: Sujit S. Parhar, IR: Iya Rusdiana, YAE: Yessa Arthur Erriadita,
AMK: Andree Mulia Krisdiansyah
1
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3
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4
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Frekuensi dan Kehadiran Komite Investasi dan Manajemen Risiko dalam Rapat Gabungan Fungsi
Frequency and Attendance of the Investment and Risk Management Committee in Joint Function Meetings
Jumlah Tingkat
Nama Jabatan Pertemuan Kehadiran Kehadiran
Name Position Number of Attendance Attendance
Meeting Rate
Dannif Danusaputro1 Ketua / Chair 4 2 50%
Harris2 Ketua / Chair 5 5 100%
Gigih Udi Atmo3 Ketua / Chair 10 10 100%
Sujit S. Parhar1 Anggota / Member 4 1 25%
Iya Rusdiana5 Anggota / Member 17 17 100%
Yessa Arthur Erriadita4 Anggota / Member 13 11 84,61%
Andree Mulia Krisdiansyah
Anggota / Member 2 2 100%
Harahap6
1
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3
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4
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5
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6
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Pelatihan dan Pengembangan Competency Training and
Kompetensi Komite Investasi dan Development for the Investment and
Manajemen Risiko Risk Management Committee
Untuk mendukung kinerja sebagai Komite Investasi dan To support their performance as members of the
Manajemen Risiko, setiap anggota difasilitasi untuk Investment and Risk Management Committee, each
meningkatkan keahlian dan kompetensinya melalui member is provided with opportunities to enhance their
berbagai program pelatihan, baik yang expertise and competency through various training
diselenggarakan secara internal maupun eksternal. programs, conducted both internally and externally.
Pendidikan dan/atau Pelatihan Komite Investasi dan Manajemen Risiko
Education and/or Training for the Investment and Risk Management Committee
Program
Pengembangan Tempat dan
Nama Jabatan Penyelenggara
Kompetensi Tanggal
Name Position Organizer
Competency Development Place and Date
Program
Dannif Danusaputro1 Ketua Prospek Bisnis Green Batam, 17 Mei I Direktorat Jenderal EBTKE -
Chair Hydrogen May 2024 Kementerian ESDM
Green Hydrogen Business Directorate General of New,
Prospect Renewable Energy and Energy
Conservation – Ministry of
Energy and Mineral Resources
Accelerating Net Zero and Batam, 17 Mei I Bursa Efek Indonesia
Unlocking Indonesia Carbon May 2024 Indonesia Stock Exchange
Market Potential Through IDX
Carbon (Indonesia Carbon
Exchange)
Carbon Market Batam, 17 Mei I PT Pertamina (Persero)
May 2024
Harris2 Ketua Tidak Ada
Chair None
2024 Annual Report PT Pertamina Geothermal Energy Tbk 441
Page 442
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Pendidikan dan/atau Pelatihan Komite Investasi dan Manajemen Risiko
Education and/or Training for the Investment and Risk Management Committee
Program
Pengembangan Tempat dan
Nama Jabatan Penyelenggara
Kompetensi Tanggal
Name Position Organizer
Competency Development Place and Date
Program
Gigih Udi Atmo3 Ketua Informasi pelatihan dan pengembangan kompetensi Gigih Udi Atmo dapat dilihat pada sub
Chair bab Pelatihan Dewan Komisaris dan Direksi dalam Bab Profil Perusahaan.
Information on Gigih Udi Atmo's training and competency development can be found in the
subsection "Training of the Board of Commissioners and Directors" within the Company Profile
chapter.
Sujit S. Parhar1 Anggota Tidak Ada
Member None
Iya Rusdiana5 Anggota Prospek Bisnis Green Batam, 17 Mei I Direktorat Jenderal EBTKE -
Member Hydrogen May 2024 Kementerian ESDM
Green Hydrogen Business Directorate General of New,
Prospect Renewable Energy and Energy
Conservation – Ministry of
Energy and Mineral Resources
Accelerating Net Zero and Batam, 17 Mei I Bursa Efek Indonesia
Unlocking Indonesia Carbon May 2024
Market Potential Through IDX Indonesia Stock Exchange
Carbon (Indonesia Carbon
Exchange)
Carbon Market Batam, 17 Mei I PT Pertamina (Persero)
May 2024
Mitigating Risk, Maximizing NTT, 1 November 2024 PT Pertamina (Persero)
Value : Turning Risk into
Positive Energy
Strategi Penguatan NTT, 1 November 2024 Kementerian Badan Usaha Milik
Manajemen Risiko di PGEO: Negara
Meningkatkan Kapasitas dan Ministry of State-Owned
Mengoptimalkan Pertumbuhan Enterprises
Berkelanjutan
PGEO's Strategy to Strengthen
Risk Management: Enhancing
Capacity and Optimizing
Sustainable Growth
Yessa Arthur Erriadita4 Anggota Indonesia International Jakarta, 18 September Asosiasi Panas Bumi Indonesia
Member Geothermal Convention & 2024 Indonesia’s Geothermal
Exhibition (IIGCE) 2024 Association
Andree Mulia Krisdiansyah Anggota Informasi pelatihan dan pengembangan kompetensi Andree Mulia Krisdiansyah Harahap
Harahap6 Member dapat dilihat pada sub bab Profil Komite Investasi dan Manajemen Risiko per 31 Desember
2024 dalam Bab Komite Di Bawah Dewan Komisaris
Information on Andree Mulia Krisdiansyah Harahap's training and competency development
can be found in the subsection "Profile of the Investment and Risk Management Committee as
of 31 December 2024 within the Committee Under the Board of Commissioners chapter.
1
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2
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3
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4
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5
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6
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Pelaksanaan Kegiatan Komite Implementation of the Investment
Investasi dan Manajemen Risiko and Risk Management Committee
Tahun 2024 Activities in 2024
Komite Investasi dan Manajemen Risiko telah Komite Investasi dan Manajemen Risiko telah The
melaksanakan tugas dan tanggung jawab dengan Investment and Risk Management Committee has
membantu pelaksanaan tugas Dewan Komisaris terkait performed its duties and responsibilities by assisting the
fungsi Investasi dan Manajemen Risiko pada tahun Board of Commissioners in matters related to Investment
2024 dengan laporan pelaksanaan kegiatan sebagai and Risk Management functions in 2024. The activity
berikut: report is as follows:
1. Mengevaluasi Perencanaan Perseroan 1. Evaluating the Company's Planning
2. Memantau dan Menganalisis Pelaksanaan 2. Monitoring and Analyzing the Implementation of
Rencana Kerja dan Investasi Perseroan the Company's Work Plan and Investments
3. Pengawasan dan Pengkajian terhadap 3. Supervising and Reviewing the Company's
Kebijaksanaan Investasi Perseroan Investment Policies
4. Mengevaluasi Feasibility Study atas Usulan 4. Evaluating Feasibility Studies for Investment
Investasi Proposals
5. Mengevaluasi Efektivitas Manajemen Risiko 5. Assessing the Effectiveness of Risk Management
6. Kunjungan Kerja (Site Visit) 6. Conducting Site Visits
7. Governance pada Kelembagaan Komite Investasi 7. Strengthening Governance within the Investment
dan Manajemen Risiko and Risk Management Committee
8. Program Peningkatan Kompetensi Komite Investasi 8. Implementing a Competency Development
dan Manajemen Risiko Program for the Investment and Risk Management
Committee
2024 Annual Report PT Pertamina Geothermal Energy Tbk 443
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
KOMITE DI BAWAH DIREKSI
COMMITTEES UNDER THE BOARD OF DIRECTORS
Komite Manajemen Risiko Risk Management Committee
Dalam menjalankan tugas dan tanggung jawabnya, In performing its duties and responsibilities, the Board
Direksi dibantu oleh Komite Manajemen Risiko yang of Directors is assisted by the Risk Management
bertugas membantu Direksi untuk mengawasi, Committee, which is responsible for overseeing,
mengevaluasi, dan memberikan arahan terkait evaluating, and providing directives on the
pelaksanaan kebijakan Enterprise Risk Management. implementation of Enterprise Risk Management
Komite ini juga memiliki tanggung jawab atas policies. This committee is also responsible for the
pengelolaan risiko Perseroan secara menyeluruh, Company's overall risk management, including for the
termasuk mengkaji ulang secara berkala berbagai periodic review of various corporate risks and their
risiko Perseroan dan upaya mitigasinya. mitigation efforts.
Direktur Utama
President Director
Wakil Ketua
Vice Chairperson
Direktur Keuangan
Director of Finance
Sekretaris
Secretary
VP Planning & Risk
Management
Anggota
Anggota Anggota
Member
Member Member
Direktur Eksplorasi &
Pengembangan Direktur Operasi Chief Audit Executive
Director of Exploration
Director of Operations
and Development
444 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Julfi Hadi
Ketua Komite Manajemen Risiko/ Direktur Utama
Chairperson of the Risk Management Committee / President Director
Dasar hukum penugasan sebagai The legal basis for Julfi Hadi’s
Ketua Komite Manajemen Risiko appointment as Chairperson of the
adalah Surat Keputusan Direksi No. Risk Management Committee is the
Kpts-019/PGE000/2023-S0. Julfi Board of Directors Decree No. Kpts-
Hadi juga merupakan Direktur Utama 019/PGE000/2023-S0. Julfi Hadi
Perseroan. Profil beliau dapat dilihat also serves as the President Director
pada bagian Profil Direktur di Bab of the Company. His profile can be
Profil Perusahaan dalam Laporan found in the Director Profile section in
Tahunan ini. the Company Profile chapter of this
Annual Report.
Yurizki Rio
Wakil Ketua Komite Manajemen Risiko/ Direktur Keuangan
Vice Chairperson of the Risk Management Committee / Director of Finance
Dasar hukum penugasan sebagai The legal basis for the appointment
Wakil Ketua Komite Manajemen of Yurizki Rio as Vice Chairperson of
Risiko adalah Surat Keputusan Direksi the Risk Management Committee is
No. Kpts-019/PGE000/2023-S0. the Board of Directors Decree No.
Yurizki Rio juga merupakan Direktur Kpts-019/PGE000/2023-S0. Yurizki
Utama Perseroan. Profil beliau dapat Rio also serves as the Director of
dilihat pada bagian Profil Direktur di Finance of the Company. His profile
Bab Profil Perusahaan dalam Laporan can be found in the Director Profile
Tahunan ini. section in the Company Profile
chapter of this Annual Report.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 445
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Lia Ayu Paramita
Sekretaris Komite Manajemen Risiko
Secretary of the Risk Management Committee
Kewarganegaraan : Warga Negara Indonesia
Nationality Indonesian
Usia | Age : 46 tahun / years old
Domisili | Domicile : Jakarta
Dasar Hukum Penunjukan : Berdasarkan Surat Keputusan Direksi No. Kpts-019/PGE000/2023-S0
Legal Basis of Appointmen t: Based on the Board of Directors Decree No. Kpts-019/PGE000/2023-S0
Periode Menjabat : 13 April 2023 – sekarang
Term of Office : 13 April 2023 - Present
Latar Belakang Pendidikan : S1 - Ekonomi Akuntansi, Universitas Brawijaya (2003)
Educational Background : S1 - Accounting, Universitas Brawijaya (2003)
Sertifikasi : -
Certification :
Pengalaman Kerja : • Vice President Planning & Risk Management, PT Pertamina Geothermal Energy Tbk (2023 - sekarang)
Work Experience : • Vice President Partnership, PT Pertamina Geothermal Energy Tbk (2021 - 2023)
• Manager Partnership Planning & Evaluation, PT Pertamina Geothermal Energy Tbk (2017 - 2021)
• Auditor, PT Pertamina Geothermal Energy Tbk (2015 - 2017)
• Auditor Ahli Madya, PT Pertamina Geothermal Energy Tbk (2012 - 2015)
• Vice President Planning & Risk Management, PT Pertamina Geothermal Energy Tbk (2023 - present)
• Vice President Partnership, PT Pertamina Geothermal Energy Tbk (2021 - 2023)
• Manager Partnership Planning & Evaluation, PT Pertamina Geothermal Energy Tbk (2017 - 2021)
• Auditor, PT Pertamina Geothermal Energy Tbk (2015 - 2017)
• Senior Auditor, PT Pertamina Geothermal Energy Tbk (2012 - 2015)
Rangkap Jabatan : Vice President Planning & Risk Management, PT Pertamina Geothermal Energy Tbk (2023 - sekarang)
Concurrent Positions : Vice President Planning & Risk Management, PT Pertamina Geothermal Energy Tbk (2023 - present)
Hubungan Afiliasi : Tidak memiliki hubungan afiliasi dengan anggota Dewan Komisaris, Direksi dan Pemegang Saham
Affiliate Relations : Pengendali
Does not have any affiliations with members of the Board of Directors, or fellow members of the Board of
Commissioners, nor with the controlling shareholders.
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Tugas dan Tanggung Jawab Komite Duties and Responsibilities of the
Manajemen Risiko Risk Management Committee
Komite Manajemen Risiko memiliki tugas dan tanggung The Risk Management Committee has the following
jawab sebagai berikut: duties and responsibilities:
• Menetapkan kebijakan dan strategi Enterprise Risk • Establishing comprehensive written policies and
Management yang komprehensif secara tertulis, strategies for Enterprise Risk Management,
dalam kebijakan dan strategi Enterprise Risk including defining Risk Appetite, Risk Attitude, and
Management yaitu penetapan Risk Appetite, Risk Risk Tolerance at the composite level, by risk type,
Attitude dan Risk Tolerance baik risiko secara and by functional activity. These are determined at
keseluruhan (composite), per jenis risiko, maupun least once a year or more frequently if significant
per aktivitas fungsional yang ditetapkan sekurang- changes occur that impact the Company’s business
kurangnya satu kali dalam setahun atau frekuensi activities.
yang lebih tinggi dalam hal terdapat perubahan
faktor-faktor yang mempengaruhi aktivitas usaha
Perseroan secara signifikan.
• Bertanggung jawab atas pemantauan pelaksanaan • Overseeing the implementation of Enterprise Risk
kebijakan Enterprise Risk Management dan Management policies and the overall risk
pengelolaan risiko yang diambil oleh Perseroan management undertaken by the Company,
secara keseluruhan yang meliputi proses evaluasi including evaluating and providing directives
dan pemberian arahan berdasarkan laporan yang based on reports submitted by the Enterprise Risk
disampaikan oleh Fungsi Enterprise Risk Management Function and the Executive Audit
Management dan Fungsi Audit Executive. Function.
• Mengevaluasi aktivitas yang memerlukan • Evaluating activities that require Board of Directors'
persetujuan Direksi, antara lain aktivitas yang approval, including those that exceed the authority
telah melampaui kewenangan pejabat Perseroan of company officials one level below the Board of
satu tingkat di bawah Direksi, sesuai dengan Directors, in accordance with applicable policies
kebijakan dan prosedur yang berlaku. and procedures.
• Mengevaluasi efektivitas penerapan Enterprise • Periodically evaluating the effectiveness of the
Risk Management Perseroan secara berkala, Company's Enterprise Risk Management
antara lain berupa metodologi penilaian risiko, implementation, including risk assessment
implementasi sistem informasi manajemen, methodologies, management information system
ketepatan kebijakan, prosedur, dan penetapan implementation, and the accuracy of policies,
risk appetite dan risk tolerance. procedures, and the determination of risk appetite
and risk tolerance.Penetapan hal-hal yang terkait
dengan keputusan bisnis yang menyimpang dari
prosedur normal (irregularities).
• Penetapan hal-hal yang terkait dengan keputusan • Establishing matters related to business decisions
bisnis yang menyimpang dari prosedur normal deviating from normal procedures (irregularities).
(irregularities).
• Memantau independensi operasi fungsi Enterprise • Monitoring the independence of the Company's
Risk Management Perseroan. Enterprise Risk Management function.
• Memantau kegiatan yang dilakukan oleh Fungsi • Overseeing activities conducted by the Enterprise
Enterprise Risk Management. Risk Management function.
• Mengembangkan budaya sadar risiko (risk • Fostering a risk-conscious culture across all levels
consciousness) pada seluruh jenjang Perseroan, of the Company, including effectively
antara lain meliputi komunikasi yang memadai communicating the importance of effective internal
kepada seluruh jenjang Perseroan tentang control to all levels.
pentingnya pengendalian internal yang efektif.
• Memasukkan aspek yang terkait pengelolaan • Incorporating risk management aspects as part of
risiko sebagai bagian dari agenda dalam rapat the agenda in Board of Directors meetings at least
yang dilakukan oleh Direksi minimal satu kali once a year.
dalam setahun.
• Mengembangkan kompetensi sumber daya • Developing human resource competencies related
manusia yang terkait dengan Enterprise Risk to Enterprise Risk Management.
Management.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 447
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Kebijakan dan Pelaksanaan Rapat Policy and Implementation of Risk
Komite Manajemen Risiko Management Committee Meetings
Komite Manajemen Risiko melaksanakan rapat secara The Risk Management Committee conducts regular
rutin setidaknya empat kali setahun, untuk membahas meetings at least four times a year to discuss various
berbagai hal terkait mitigasi risiko dan pengelolaan matters related to risk mitigation and risk management
risiko yang berpotensi mempengaruhi kegiatan that may impact the Company's operations and
operasional dan keberlanjutan Perseroan. sustainability.
Keputusan yang diambil dalam rapat tersebut Decisions made in these meetings are based on
didasarkan pada musyawarah untuk mufakat. Selama amicable deliberation and consensus. In 2024, the Risk
tahun 2024, Komite Manajemen Risiko melaksanakan Management Committee held four meetings, with an
empat kali rapat, dengan tingkat rata-rata kehadiran average attendance rate of 100% among its members.
anggota Komite Manajemen Risiko sebesar 100%.
Kehadiran Rapat Komite Manajemen Risiko
Attendance at the Risk Management Committee Meetings
Jumlah Persentase
Jumlah
Nama Jabatan Rapat Kehadiran Keterangan
Kehadiran
Name Position Number of Attendance Description
Attendance
Meetings Rate
Julfi Hadi Direktur Utama 4 4 100%
President Director
Nelwin Aldriansyah Direktur Keuangan 1 1 100% Periode Triwulan IV
Director of Finance 2023
Q4 2023
Yurizki Rio Direktur Keuangan 4 4 100%
Director of Finance
Ahmad Yani Direktur Operasi 4 4 100%
Director of Operations
Rachmat Hidajat Direktur Eksplorasi dan 2 2 100% Periode Triwulan IV
Pengembangan 2023 dan Triwulan
Director of Exploration and I 2024
Development Q4 2023 and Q1
2024
Edwil Suzandi Direktur Eksplorasi dan 3 3 100%
Pengembangan
Director of Exploration and
Development
Lia Ayu Paramita VP Planning & Risk 4 4 100%
Management
Yusuf Wahyuri Chief Audit Executive 1 1 100% Periode TW IV 2023
Q4 2023
Elise Chief Audit Executive 3 3 100%
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Agenda Rapat Komite Manajemen Risiko
Agenda of the Risk Management Committee Meetings
Tanggal Agenda
Date Agendas
29 Januari | January 2024 Rapat Komite Manajemen Risiko Triwulan IV Tahun 2023
Mengevaluasi efektivitas penerapan Enterprise Risk Management Perseroan selama tahun 2023, antara lain terhadap
metodologi penilaian risiko, implementasi sistem informasi manajemen; ketepatan kebijakan, prosedur, penetapan
strategi risiko termasuk risk appetite, risk tolerance, dan risk limit 2024, serta mengkaji ulang secara berkala status risiko
(Top Risk) perusahaan untuk mengantisipasi apabila terjadi perubahan situasi, kondisi dan perkembangan internal dan
eksternal Perseroan.
Risk Management Committee Meeting for Q4 2023
Evaluating the effectiveness of the Company's Enterprise Risk Management implementation throughout 2023, including risk
assessment methodology, management information system implementation, policy accuracy, procedure, and the
determination of risk strategies, including the 2024 risk appetite, risk tolerance, and risk limits, as well as regularly
reviewing the Company's Top Risk status to anticipate any changes in the Company's internal and external situations,
conditions, and developments.
3 Mei | May 2024 Rapat Komite Manajemen Risiko Triwulan I Tahun 2024
Mengevaluasi efektivitas penerapan Enterprise Risk Management Perseroan selama triwulan I tahun 2024 , antara lain
terhadap metodologi penilaian risiko, implementasi sistem informasi manajemen; ketepatan kebijakan, prosedur, serta
mengkaji ulang secara berkala status risiko (Top Risk) perusahaan untuk mengantisipasi apabila terjadi perubahan
situasi, kondisi dan perkembangan internal dan eksternal Perseroan.
Risk Management Committee Meeting for Q1 2024
Evaluating the effectiveness of the Company's Enterprise Risk Management implementation throughout Q1 2024, including
risk assessment methodology, management information system implementation, policy accuracy, procedure, and regularly
reviewing the Company's Top Risks status to anticipate changes in the Company’s internal and external conditions and
developments.
15 Juli | July 2024 Rapat Komite Manajemen Risiko Triwulan II Tahun 2024
Mengevaluasi efektivitas penerapan Enterprise Risk Management Perseroan selama triwulan II tahun 2024 , antara lain
terhadap metodologi penilaian risiko, implementasi sistem informasi manajemen; ketepatan kebijakan, prosedur, serta
mengkaji ulang secara berkala status risiko (Top Risk) perusahaan untuk mengantisipasi apabila terjadi perubahan
situasi, kondisi dan perkembangan internal dan eksternal Perseroan.
Risk Management Committee Meeting for Q2 2024
Evaluating the effectiveness of the Company's Enterprise Risk Management implementation throughout Q2 2024, including
risk assessment methodology, management information system implementation, policy accuracy, procedure, and regularly
reviewing the Company's Top Risks status to anticipate changes in the Company’s internal and external conditions and
developments.
25 November 2024 Rapat Komite Manajemen Risiko Triwulan III Tahun 2024
Mengevaluasi efektivitas penerapan Enterprise Risk Management Perseroan selama triwulan III tahun 2024 , antara lain
terhadap metodologi penilaian risiko, implementasi sistem informasi manajemen; ketepatan kebijakan, prosedur, serta
mengkaji ulang secara berkala status risiko (Top Risk) perusahaan untuk mengantisipasi apabila terjadi perubahan
situasi, kondisi dan perkembangan internal dan eksternal Perseroan.
Risk Management Committee Meeting for Q3 2024
Evaluating the effectiveness of the Company's Enterprise Risk Management implementation throughout Q3 2024, including
risk assessment methodology, management information system implementation, policy accuracy, procedure, and regularly
reviewing the Company's Top Risks status to anticipate changes in the Company’s internal and external conditions and
developments.
Pelatihan dan Pengembangan Competency Training and
Kompetensi Komite Manajemen Development of the Risk
Risiko Management Committee
Guna meningkatkan keahlian dan kompetensi masing- To enhance the expertise and competencies of
masing anggota Komite Manajemen Risiko, Perseroan each member of the Risk Management Committee,
mendorong para anggota Komite untuk ikut serta di the Company encourages committee members to
dalam pelatihan maupun seminar yang relevan dengan participate in training sessions and seminars relevant
bidang yang dibutuhkan, terutama terkait investasi dan to their field, particularly in the investment and risk
manajemen risiko. management.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 449
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Pendidikan dan/atau Pelatihan Komite Investasi dan Manajemen Risiko terkait Topik Investasi dan Manajemen Risiko
Education and/or Training for the Investment and Risk Management Committee on Investment and Risk Management Topics
Nama Pendidikan/Pelatihan/Seminar Penyelenggara Waktu Tempat
Name Education/Training/Seminar Organizer Date Place
• Julfi Hadi Risk Management Forum, Manajemen SH PNRE 10 Oktober I Grha Pertamina
• Yurizki Rio Risiko sebagai Key Enabler Proyek October 2024
• Ahmad Yani Investasi (Akuisisi) Energi Baru
• Edwil Suzandi Terbarukan, SH PNRE
Risk Management Forum: Risk
Management as a Key Enabler for
Renewable Energy Investment
(Acquisition) Projects, SH PNRE
• Julfi Hadi Program Pengembangan dengan Tema PGE 1 November 2024 Labuan Bajo
• Yurizki Rio Penguatan Manajemen Risiko dalam
• Ahmad Yani Menghadapi Ketidakpastian dan
• Edwil Suzandi Menjaga Pertumbuhan yang
• Lia Ayu Paramita Berkelanjutan
• Elise Development Program: Strengthening Risk
Management in Facing Uncertainty and
Maintaining Sustainable Growth
• Julfi Hadi Evaluasi Top Risk tahun 2025 PGE 15 Juli I Grha Pertamina
• Yurizki Rio Evaluation of the Top Risks of 2025 July 2024
• Ahmad Yani
• Edwil Suzandi
• Lia Ayu Paramita
• Elise
• Julfi Hadi Workshop Pembekalan Sistem PGE 15 Agustus I Grha Pertamina
• Yurizki Rio Manajemen Kelangsungan Bisnis August 2024
• Ahmad Yani Workshop on Business Continuity
• Edwil Suzandi Management System
• Lia Ayu Paramita
• Lia Ayu Paramita Workshop Evaluasi keefektifan PGE 16 Desember I Bandung
• Elise pengelolaan risiko sampai dengan TW December 2024
IV 2024
Workshop on Evaluating the Effectiveness
of Risk Management up to Q4 2024
Pelaksanaan Kegiatan Komite Activities of the Risk Management
Manajemen Risiko Tahun 2024 Committee in 2024
Komite Manajemen Risiko sepanjang tahun Throughout the year, the Risk Management Committee
bertanggung jawab memantau, mengevaluasi, dan is responsible for monitoring, evaluating, and providing
memberikan arahan dalam pelaksanaan kebijakan directives on the implementation of the Company's
Enterprise Risk Management dan pengelolaan risiko Enterprise Risk Management policies and overall risk
Perseroan secara keseluruhan serta melakukan kaji management. Additionally, the Committee conducts
ulang secara berkala untuk mengantisipasi apabila periodic reviews to anticipate any changes in the
terjadi perubahan situasi, kondisi dan perkembangan Company's internal and external situations, conditions,
internal dan eksternal Perseroan. and developments.
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SEKRETARIS DEWAN KOMISARIS
SECRETARY TO THE BOARD OF COMMISSIONERS
Dewan Komisaris mengangkat Sekretaris Dewan The Board of Commissioners appoints the Secretary to
Komisaris sebagai organ pendukung yang memimpin the Board of Commissioners as a supporting body
dan melaksanakan fungsi sekretariat Dewan Komisaris responsible for leading and executing secretarial
terkait tugas administratif dan kesekretariatan. Posisi functions related to administrative and secretarial
Sekretaris Dewan Komisaris per akhir tahun 2024 duties. As of the end of 2024, the position of Secretary
dijabat oleh Ibu Anna Muslikhah Jamil berdasarkan to the Board of Commissioners is held by Mrs. Anna
Surat Keputusan Dewan Komisaris Nomor Kpts-024/ Muslikhah Jamil, based on the Board of Commissioners
DK/PGE/2023-S0 tanggal 20 September 2023. Decree No. Kpts-024/DK/PGE/2023-S0 dated 20
September 2023.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 451
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
ANNA MUSLIKHAH JAMIL
Sekretaris Dewan Komisaris
Secretary to the Board of Commissioners
Kewarganegaraan : Warga Negara Indonesia
Nationality Indonesian
Usia | Age : 47 tahun / years old
Domisili | Domicile : Tangerang Selatan / South Tangerang
Latar Belakang Pendidikan: • S1 - Teknologi Hasil Perikanan dari Universitas Brawijaya (1995 - 1999)
Educational Background: • S2 - Manajemen Strategis dari Sekolah Bisnis IPB (2017 - 2019)
• S1 (Bachelor's degree) in Fishery Product Technology from Universitas Brawijaya (1995–1999)
• S2 (Master's degree) in Strategic Management from IPB Business School (2017–2019)
Sertifikasi: -
Certification:
Pelatihan dan Pengembangan • Prospek Bisnis Green Hydrogen yang dilaksanakan di Batam oleh Direktorat Jenderal EBTKE - Kementerian ESDM
Kompetensi: (17 Mei 2024)
Competency Training and • Accelerating Net Zero and Unlocking Indonesia Carbon Market Potential Through IDX
Development: • Carbon (Indonesia Carbon Exchange) yang dilaksanakan di Batam oleh Bursa Efek Indonesia (17 Mei 2024)
• Carbon Market yang dilaksanakan di Batam oleh PT Pertamina (Persero) (17 Mei 2024)
• Sosialisasi dan Workshop GCG yang dilaksanakan Daring oleh Assegaf Hamzah & Partner (25 Juni 2024)
• Indonesia International Sustainability Forum 2024 (ISF), yang diselenggarakan oleh Kementerian Koordinator
Kemaritiman dan Investasi (5 September 2024)
• Indonesia International Geothermal Convention & Exhibition (IIGCE) 2024 yang dilaksanakan di Jakarta oleh
Asosiasi Panas Bumi Indonesia (18 September 2024)
• Mitigating Risk, Maximizing Value : Turning Risk into Positive Energy yang dilaksanakan di NTT oleh Direktorat
Manajemen Risiko PT Pertamina (Persero) (1 November 2024)
• Strategi Penguatan Manajemen Risiko di PGEO: Meningkatkan Kapasitas dan Mengoptimalkan Pertumbuhan
Berkelanjutan yang dilaksanakan di NTT oleh Kementerian Badan Usaha Milik Negara (1 November 2024)
• Green Hydrogen Business Prospects, organized in Batam by the Directorate General of New, Renewable Energy,
and Energy Conservation (EBTKE) - Ministry of Energy and Mineral Resources (17 May 2024).
• Accelerating Net Zero and Unlocking Indonesia’s Carbon Market Potential Through IDX Carbon (Indonesia Carbon
Exchange), organized in Batam by the Indonesia Stock Exchange (17 May 2024).
• Carbon Market, organized in Batam by PT Pertamina (Persero) (17 May 2024).
• GCG Outreach and Workshop, conducted online by Assegaf Hamzah & Partners
(25 June 2024).
• Indonesia International Sustainability Forum (ISF) 2024, organized by the Coordinating Ministry for Maritime and
Investment Affairs (5 September 2024).
• Indonesia International Geothermal Convention & Exhibition (IIGCE) 2024, held in Jakarta by the Indonesian
Geothermal Association (18 September 2024).
• Mitigating Risk, Maximizing Value: Turning Risk into Positive Energy, organized in NTT by the Risk Management
Directorate of PT Pertamina (Persero) (1 November 2024).
• PGEO’s Risk Management Strengthening Strategy: Enhancing Capacity and Optimizing Sustainable Growth,
organized in NTT by the Ministry of State-Owned Enterprises (1November 2024).
Bidang Keahlian: Akuntansi Manajemen, Sekretaris
Areas of Expertise: Management, Accounting, Secretary
Pengalaman Kerja: • Analisis Pengelola Keuangan APBN Muda Kementerian BUMN (2020 – sekarang)
Work Experience: • Sekretaris Dewan Komisaris PT Pindad (2018 - sekarang)
• Sekretaris Dewan Komisaris PT Perusahaan Perdagangan Indonesia (2016 – 2018)
• Kepala Subbagian Perbendaharaan Kementerian BUMN (2015 – 2020)
• Kepala Subbagian Akuntansi Kementerian BUMN (2014 – 2015)
• Sekretaris Dewan Komisaris PT Berdikari ( 2013 – 2015)
• Kepala Subbagian Perbendaharaan Kementerian BUMN (2011 – 2014)
• Associate State Budget Financial Management Analyst, Ministry of State-Owned Enterprises (2020 – Present)
• Secretary to the Board of Commissioners, PT Pindad (2018 – Present)
• Secretary to the Board of Commissioners, PT Perusahaan Perdagangan Indonesia (2016 – 2018)
• Head of Treasury Subdivision, Ministry of State-Owned Enterprises (2015 – 2020)
• Head of Accounting Subdivision, Ministry of State-Owned Enterprises (2014 – 2015)
• Secretary to the Board of Commissioners, PT Berdikari (2013 – 2015)
• Head of Treasury Subdivision, Ministry of State-Owned Enterprises (2011 – 2014)
Rangkap Jabatan: Analisis Pengelola Keuangan APBN Muda Kementerian BUMN (2020 – sekarang)
Concurrent Positions: Associate State Budget Financial Management Analyst, Ministry of State-Owned Enterprises (2020 – Present)
Hubungan Afiliasi: Tidak memiliki hubungan afiliasi baik dengan anggota Direksi, anggota Dewan Komisaris lainnya, maupun dengan
Affiliate Relations: pemegang saham pengendali dan utama
Does not have any affiliations with members of the Board of Directors, or fellow members of the Board of Commissioners,
nor with the controlling and ultimate shareholders.
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Tugas dan Tanggung Jawab Duties and Responsibilities of the
Sekretaris Dewan Komisaris Secretary to the Board of Commissi
oners
Sekretariat Dewan Komisaris bertugas melakukan The Secretariat of the Board of Commissioners is
kegiatan untuk membantu Dewan Komisaris dalam responsible for supporting the Board of Commissioners
melaksanakan tugasnya berupa: in performing its duties, including:
1. Menyediakan informasi untuk kebutuhan Dewan 1. Providing necessary information to assist the Board
Komisaris dalam rangka pengambilan keputusan. of Commissioners in decision-making.
2. Mempersiapkan bahan-bahan yang diperlukan 2. Preparing materials related to the Board of
sehubungan dengan pelaksanaan tugas Dewan Commissioners’ duties concerning the routine
Komisaris berkaitan dengan laporan-laporan rutin reports of the Board of Directors in managing the
Direksi dalam mengelola Perseroan seperti: RKAP, Company, such as the Corporate Budget and
Laporan Tahunan, Laporan Triwulanan, Laporan Work Plan (RKAP), Annual Report, Quarterly
Hasil Pemeriksaan Internal Audit, dan laporan- Reports, Internal Audit Report, and other required
laporan lain yang dibutuhkan. documents.
3. Mempersiapkan bahan-bahan/materi yang 3. Preparing materials necessary for matters that
diperlukan berkaitan dengan hal-hal yang harus require decisions by the Board of Commissioners’
mendapatkan keputusan dari Dewan Komisaris regarding corporate management activities of the
berkenaan dengan kegiatan pengelolaan Board of Directors and its ranks.
Perseroan yang dilakukan oleh Direksi dan
segenap jajarannya.
4. Menyiapkan dan mengkoordinasikan agenda 4. Organizing and coordinating meeting agendas
rapat dengan pihak-pihak yang hadir dalam rapat. with relevant parties.
5. Menyiapkan dan mengirimkan undangan rapat 5. Drafting and sending meeting invitations to
kepada pihak-pihak yang akan menghadiri rapat. attendees.
6. Melakukan konfirmasi mengenai waktu, tempat, 6. Confirming details such as time, venue, attendance,
kehadiran, serta hal-hal lain yang dipandang and other necessary arrangements to ensure
perlu demi kelancaran rapat. smooth meetings.
7. Menyelenggarakan pertemuan-pertemuan/rapat- 7. Organizing meetings of the Board of
rapat Dewan Komisaris, baik internal Dewan Commissioners, including internal meetings and
Komisaris maupun dengan Direksi dan jajarannya meetings with the Board of Directors, management,
serta pihak-pihak lainnya. and other relevant parties.
8. Membuat Risalah Rapat atas rapat-rapat rutin 8. Drafting minutes for both regular and special
maupun non rutin Dewan Komisaris. meetings of the Board of Commissioners.
9. Menyampaikan Risalah Rapat kepada pihak-pihak 9. Distributing meeting minutes to relevant
yang berkepentingan. stakeholders.
10. Mempersiapkan pertimbangan-pertimbangan, 10. Preparing considerations, opinions,
pendapat, saran-saran dan keputusan lainnya dari recommendations, and other decisions from the
Dewan Komisaris untuk para pemegang saham, Board of Commissioners for shareholders, the
Direksi dan pihak-pihak yang terkait dengan Board of Directors, and other stakeholders.
pengelolaan Perseroan.
11. Menindaklanjuti setiap keputusan Dewan Komisaris 11. Following-up on the Decisions of Board of
dengan cara sebagai berikut: Commissioners through the following actions:
a. Mencatat setiap keputusan yang dihasilkan a. Recording decisions made in decision-making
dalam forum-forum pengambilan keputusan forums along with their respective responsible
serta penanggung jawabnya. parties.
b. Memantau dan mengecek tahapan kemajuan b. Monitoring and reviewing the implementation
pelaksanaan hasil keputusan rapat/ progress of meeting resolutions, opinions,
pertimbangan pendapat, saran-saran dan recommendations, and other decisions of the
keputusan-keputusan Dewan Komisaris Board of Commissioners.
lainnya.
c. Melakukan upaya untuk mendorong c. Encouraging the execution of follow-ups on
pelaksanaan tindak lanjut keputusan rapat, meeting resolutions, recommendations,
pertimbangan, pendapat, saran dan opinions, and decisions by the relevant
keputusan-keputusan Dewan Komisaris lainnya responsible parties.
kepada penanggung jawab terkait.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 453
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
12. Menyelenggarakan kegiatan di bidang 12. Managing secretarial activities within the Board of
kesekretariatan dalam lingkungan Dewan Commissioners, including support for the Board
Komisaris, baik untuk keperluan Dewan Komisaris and its committees.
dan komite-komitenya.
13. Melaksanakan dan mengkoordinasikan kegiatan 13. Managing and coordinating correspondence and
tata persuratan dan kearsipan. archiving activities.
14. Melaksanakan dan mengkoordinasikan 14. Managing and coordinating data and document
pengamanan atas data dan dokumen-dokumen security within the Board of Commissioners’ scope
yang berada dalam penguasaan/lingkup kerja of work through the following measures:
Dewan Komisaris, dengan cara sebagai berikut: a. Administering and coordinating
a. Melakukan dan mengkoordinasikan documentation from meetings involving the
pengadministrasian hasil pertemuan- Board of Commissioners, internal meetings of
pertemuan/rapat-rapat di lingkungan Dewan the Board of Directors, and meetings of the
Komisaris, baik dengan Direksi beserta jajaran Board with other stakeholders.
dan pihak-pihak lainnya.
b. Melakukan dan mengkoordinasikan b. Managing and coordinating the administration
pengadministrasian Risalah Rapat Dewan of Board of Commissioners' meeting minutes,
Komisaris, baik internal maupun rapat both internal and joint meetings with the
bersama Direksi. Board of Directors.
c. Melakukan dan mengkoordinasikan c. Scheduling and organizing the Board of
penyusunan jadwal kegiatan Dewan Komisaris Commissioners' activities and ensuring the
dalam melaksanakan fungsi-fungsi serta necessary arrangements are in place.
kelengkapan-kelengkapan yang diperlukan
untuk melaksanakan kegiatan tersebut. d. Leading, directing, and coordinating the
d. Memimpin, mengarahkan dan implementation of systems and procedures
mengkoordinasikan pelaksanaan sistem dan within the Board of Commissioners' work
prosedur yang ada di lingkungan kerja Dewan environment.
Komisaris.
e. Melakukan dan mengkoordinasikan e.
Coordinating and administering materials,
pengadministrasian bahan-bahan/dokumen/ documents, and reports provided by the
laporan yang diberikan oleh Direksi kepada Board of Directors to the Board of
Dewan Komisaris. Commissioners.
15. Memastikan bahwa Dewan Komisaris mematuhi 15. Ensuring that the Board of Commissioners complies
peraturan perundang-undangan serta menerapkan with laws and regulations and adheres to good
prinsip tata kelola perusahaan yang baik; corporate governance principles.
16. Memberikan informasi yang dibutuhkan oleh 16. Providing necessary information to the Board of
Dewan Komisaris secara berkala dan/atau Commissioners periodically and upon request.
sewaktu-waktu apabila diminta;
17. Mengkoordinasikan anggota komite, jika 17. Coordinating committee members, when
diperlukan, dalam rangka memperlancar tugas necessary, to facilitate the Board of Commissioners’
Dewan Komisaris; dan duties.
18. Sebagai penghubung (liaison officer) Dewan 18. Acting as a liaison officer between the Board of
Komisaris dengan pihak lain. Commissioners and external parties.
454 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Pengembangan Kompetensi Sekretaris Dewan Komisaris
Competency Development of the Board of Commissioners' Secretary
Pengembangan Kompetensi Sekretaris Dewan Komisaris
Competency Development of the Board of Commissioners' Secretary
Nama Keterangan
Name Description
Anna Muslikhah Jamil Informasi pelatihan dan pengembangan kompetensi Anna Muslikhah Jamil dapat dilihat
pada sub bab Profil Sekretaris Dewan Komisaris dalam Bab Sekretaris Dewan Komisaris
Anna Muslikhah Jamil’s competency training and development details can be found in the
subsection Profile of the Board of Commissioners' Secretary within the Board of
Commissioners' Secretary chapter.
Laporan Pelaksanaan Tugas Report on the Execution of Duties of
Sekretaris Dewan Komisaris the Board of Commissioners' Secre-
tary
Selama tahun 2024, Sekretaris Dewan Komisaris telah Throughout 2024, the Secretary to the Board of
melaksanakan tugasnya sebagai berikut: Commissioners has conducted the following duties:
1. Mempersiapkan, mengkoordinasikan dan 1. Preparation, coordination, and correspondence
korespondensi dalam pelaksanaan rapat : for meetings:
• Rapat internal Dewan Komisaris: 10 kali • Internal Board of Commissioners meetings: 10
times
• Rapat gabungan Dewan Komisaris dan • Joint meetings between the Board of
Direksi: 12 kali Commissioners and the Board of Directors: 12
times
• Rapat dengan fungsi terkait/Komite/Dewan • Meetings with relevant functions/committees/
Komisaris: 14 kali Board of Commissioners: 14 times
2. Pendampingan, liaison officer dan kegiatan Dewan 2. Support, liaison officer, and other Board of
Komisaris lainnya : Commissioners' activities:
• Pendampingan Dewan Komisaris dan Komite • Accompanied the Board of Commissioners
dalam 5 kali agenda site visit. and Committees on five site visit agendas.
• Mengikuti program peningkatan kompetensi • Participated in 8 competency development
sebanyak 8 kali. programs.
• Pendampingan dan dukungan dokumen • Provided support and documentation for the
dalam RUPSLB (12 Februari 2024), RUPST EGMS on 12 February 2024, the AGMS on
(31 Mei 2024) dan RUPSLB (31 Juli 2024) 31 May 2024, and the EGMS on 31 July
• Pendampingan audiensi dengan Kementerian 2024.
Investasi. • Assisted in an audience with the Ministry of
Investment.
3. Melaksanakan, menelaah dan mengkoordinasikan 3. Implemented, reviewed, and coordinated the
penerbitan Surat Keputusan, Rekomendasi, dan issuance of Board of Commissioners’ Decisions,
Arahan Dewan Komisaris. Penjelasan lebih lanjut Recommendations, and Directives. Further details
terkait hal ini dapat dilihat di dalam Sub Bab on this matter can be found in the Subchapter on
Pelaksanaan Tugas Dewan Komisaris terkait the Execution of the Board of Commissioners’
Rekomendasi dan Persetujuan Dewan Komisaris di Duties Related to Recommendations and Approvals
Tahun 2024. in 2024.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 455
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
SEKRETARIS PERUSAHAAN
CORPORATE SECRETARY
Corporate Secretary atau Sekretaris Perusahaan The Corporate Secretary is an integral part of the
adalah bagian dari organ tata kelola perusahaan Company's governance structure, serving as a liaison
yang berperan sebagai penghubung antara Perseroan between the Company and regulators, shareholders,
dengan regulator, pemegang saham, dan pemangku and other stakeholders. The Corporate Secretary is
kepentingan lainnya. Sekretaris Perusahaan juga also responsible for ensuring that all business activities
bertanggung jawab untuk memastikan bahwa seluruh of the Company comply with applicable laws and
aktivitas bisnis Perseroan telah mematuhi ketentuan regulations.
hukum serta peraturan yang berlaku.
Profil Sekretaris Dewan Komisaris
Corporate Secretary Profile
KITTY ANDHORA
Corporate Secretary
Kewarganegaraan : Warga Negara Indonesia
Nationality Indonesian
Usia | Age : 44 tahun / years old
Domisili | Domicile : Jakarta
Dasar Hukum Penunjukan: SKMJ-00224/K20500/2023-S8
Legal Basis of Appointment:
Periode Menjabat : Mei 2023 – Sekarang
Term of Office: May 2023 - Present
Latar Belakang Pendidikan: S1 - Komunikasi Universitas Padjadjaran (1997 - 2001)
Educational Background: Bachelor's Degree in Communication, Padjadjaran University (1997 - 2001)
Sertifikasi: Sertifikasi Kehumasan (2018)
Certification: Public Relation Certification (2018)
Pengalaman Kerja: • Corporate Secretary PT Pertamina Geothermal Energy Tbk (2023 - sekarang | Present)
Work Experience: • Manager Internal Communication PT Pertamina Persero (2020 - 2023)
• Senior Officer Board Strategy Support PT Pertamina Persero (2018 - 2020)
• Asisten Manajer Board Strategy Support & Corporate Data PT Pertamina Persero (2018)
Bidang Keahlian: Akuntansi Manajemen, Komunikasi, Sekretaris
Area of Expertise: Management Accounting, Communication, Secretarial Functions
456 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Rangkap Jabatan: Tidak memiliki rangkap jabatan apapun
Concurrent Positions: No Concurrent Positions
Hubungan Afiliasi: Tidak memiliki hubungan afiliasi baik dengan anggota Direksi, anggota Dewan Komisaris lainnya, maupun
Affiliate Relations: dengan pemegang saham pengendali dan utama
Does not have any affiliations with members of the Board of Directors, or fellow members of the Board of
Commissioners, nor with the controlling and ultimate shareholders.
Penghargaan: • Platinum - Temu Karya Mutu & Produktivitas Nasional (TKMPN) XXVIII (National Quality & Productivity
Awards : Convention) (2024)
• As Winner of Corporate Secretary Champion (2024)
• Best Corporate Secretary New & Renewable Energy Company (2024)
• The Asian Confederation of Institutes of Internal Auditors Regional Conference (ACIIA) (2024)
• Integrity Matters (2024)
• As the Winner of Indonesia 20 Best Corporate Secretary Awards (2024)
Struktur Sekretaris Perusahaan Corporate Secretary Structure
Dalam struktur organisasi, Sekretaris Perusahaan Within the organizational structure, the Corporate
berada langsung di bawah pimpinan Direktur Utama Secretary reports directly to the President Director and
dan dibantu oleh Fungsi Manager Corporate is supported by the Corporate Communication &
Communication & Stakeholder Management serta Stakeholder Management Manager and the Corporate
Manager Corporate & BOD Support. Berikut struktur & BOD Support Manager. The following is the
Sekretaris Perusahaan PGE yang ditetapkan Corporate Secretary structure of PGE, as established
berdasarkan Surat Keputusan No. Kpts.P-084/ under Decree No. Kpts.P-084/PGE000/2022-S0:
PGE000/2022-S0:
Direktur Utama
President Director
SEKRETARIS
PERUSAHAAN
CORPORATE
SECRETARY
MANAGER MANAGER
CORPORATE COMM. & CORPORATE &
STAKEHOLDER MGMT BOD SUPPORT
2024 Annual Report PT Pertamina Geothermal Energy Tbk 457
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Fungsi, Tugas, dan Tanggung Jawab Functions, Duties, and
Sekretaris Perusahaan Responsibilities of the Corporate
Secretary
Sekretaris Perusahaan memiliki fungsi yang mencakup The Corporate Secretary's functions encompass
perumusan strategi dan kebijakan, pengendalian formulating strategies and policies, overseeing
kegiatan kesekretariatan dan pengarsipan perusahaan, corporate secretarial and archiving activities, executing
pelaksanaan fungsi komunikasi perusahaan, serta corporate communication functions, and managing
pengelolaan hubungan dengan pemangku kepentingan relationships with stakeholders (both internal and
(baik internal maupun eksternal) termasuk pemegang external), including shareholders.
saham.
Sekretaris Perusahaan juga mengelola kebutuhan The Corporate Secretary also manages the needs of
Direksi, serta bertanggung jawab atas pelaporan the Board of Directors and is responsible for the
tahunan Perseroan. Selain itu, tugasnya juga mencakup Company's annual report. Additionally, their duties
tanggung jawab sosial dan lingkungan Perseroan, include overseeing the Company's social and
penerapan prinsip GCG di Perseroan, manajemen dan environmental responsibilities, implementing Good
pengungkapan ESG rating, serta upaya membangun Corporate Governance (GCG) principles, managing
citra positif Perseroan. and disclosing ESG ratings, and fostering a positive
corporate image.
Berdasarkan fungsi pokok di atas, Sekretaris Perusahaan Based on the core functions above, the Corporate
menjalankan tugas-tugas berikut: Secretary performs the following duties:
1. Membangun, mengendalikan dan meningkatkan 1. Develop, manage, and enhance the corporate
citra, identitas serta branding perusahaan secara image, identity, and branding in alignment with
korporat sesuai visi, misi dan nilai Perseroan. the company's vision, mission, and values.
2. Menetapkan kebijakan dan program kerja serta 2. Establish policies and work programs while
mengarahkan, mengkoordinasikan dan directing, coordinating, and controlling public
mengendalikan kegiatan kehumasan dan CSR relations and CSR activities to gain stakeholder
untuk mendapatkan dukungan pemangku support for company operations and build a
kepentingan terhadap kegiatan operasional positive corporate image.
perusahaan agar dapat membangun citra positif
Perseroan. 3. Formulate policies and work programs, as well as
3. Merumuskan kebijakan dan program kerja, serta direct, coordinate, and oversee relationship
mengarahkan, mengkoordinasikan dan management and communication with stakeholders
mengendalikan kegiatan pengelolaan dan (both internal and external) and shareholders to
pembinaan hubungan serta komunikasi dengan ensure synergy in supporting the company’s
pemangku kepentingan (internal dan eksternal) operations.
dan pemegang saham untuk memastikan terjadinya
sinergi dalam rangka menunjang pelaksanaan
kegiatan operasi Perseroan.
4. Mengarahkan, mengkoordinasikan dan 4. Direct, coordinate, and manage the role of the
mengendalikan peran sebagai fasilitator Direksi, Board of Directors facilitator, including orientation
di antaranya dalam hal program orientasi Direksi, programs for Directors, meeting management and
pengelolaan rapat dan notulen rapat Direksi, minutes, decision-making processes, corporate
pengelolaan keputusan Direksi, pembuatan materi material preparation, strategic advice to the
korporat untuk Direksi, pemberian saran dan Board, and serving as the Board’s spokesperson to
masukan strategis kepada Direksi, serta menjadi ensure effective communication between the Board
juru bicara Direksi untuk memastikan komunikasi of Directors, Board of Commissioners, shareholders,
yang efektif antara Direksi, Dewan Komisaris, and all corporate functions.
pemegang saham dan seluruh fungsi di Perseroan.
5. Mengkoordinasikan dan memastikan 5. Coordinate and ensure the execution of the
penyelenggaraan RUPS beserta pengesahan hasil General Meeting of Shareholders (GMS) and the
atau keputusan RUPS. ratification of GMS resolutions.
6. Mengkoordinasikan, mengusulkan dan 6. Coordinate, propose, and oversee the threshold of
mengendalikan threshold kewenangan Dewan the Board of Commissioners’ authority.
Komisaris.
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7. Memastikan tersedia dan terlaksananya pedoman 7. Ensure the availability and implementation of
dan standar GCG termasuk tersedianya Board GCG guidelines and standards, including the
Manual, Code of Corporate Governance, dan Board Manual, Code of Corporate Governance,
Governance Report. and Governance Report.
8. Mengkoordinasikan penyusunan/pembuatan dan 8. Coordinate the preparation, drafting, and
penyampaian pelaporan Perseroan kepada pihak- submission of corporate reports to relevant parties,
pihak terkait, antara lain governance & compliance including governance and compliance reports,
report, laporan kepada regulator pasar modal and regulatory filings with capital market
seperti OJK dan Bursa Efek Indonesia (BEI). authorities such as the Financial Services Authority
(OJK) and the Indonesia Stock Exchange (BEI).
9. Menyusun, mengkoordinasikan dan memastikan 9. Organize, coordinate, and ensure the
terlaksananya event/protocol management di implementation of event and protocol management
lingkungan Perseroan. within the company.
10. Memastikan ketaatan Perseroan terhadap 10. Ensure the company’s compliance with applicable
peraturan pasar modal yang berlaku. capital market regulations.
11. Bertindak sebagai narahubung (contact person) 11. Act as the liaison between the company and
antara Perseroan dengan regulator pasar modal, capital market regulators, shareholders, and the
pemegang saham dan masyarakat. public.
12. Mengkoordinasikan, mengarahkan dan 12. Coordinate, direct, and oversee ESG Rating
mengendalikan kegiatan ESG Rating Management Management & Disclosure activities.
& Disclosure.
13. Mengelola dan memastikan tersedianya layanan 13. Manage and ensure the availability of data
data dan manajemen keterbukaan dan akses services and transparency in public access to
publik terhadap Perseroan. corporate information.
14. Mengikuti perkembangan pasar modal khususnya 14. Stay updated on capital market developments,
peraturan perundang-undangan yang berlaku di particularly relevant laws and regulations.
bidang pasar modal.
15. Memberikan masukan kepada Direksi dan Dewan 15. Provide input to the Board of Directors and Board
Komisaris PGE untuk mematuhi ketentuan peraturan of Commissioners to ensure compliance with
perundang-undangan di bidang pasar modal. capital market regulations.
16. Membantu Direksi dan Dewan Komisaris dalam 16. Assist the Board of Directors and Board of
pelaksanaan GCG Perseroan. Commissioners in implementing Good Corporate
Governance (GCG).
17. Penghubung antara PGE dengan pemegang 17. Serve as a liaison between the company,
saham, OJK, dan pemangku kepentingan lainnya. shareholders, the Financial Services Authority
(OJK), and other stakeholders.
18. Menangani masalah-masalah terkait perizinan 18. Handle licensing matters related to studies and
untuk studi dan pengembangan area baru. the development of new areas.
19. Mengkoordinasikan penyusunan laporan 19. Coordinate the preparation of management
manajemen seperti, Laporan Tahunan, Laporan reports, including the Annual Report, Sustainability
Keberlanjutan, dan Laporan Bulanan. Report, and Quarterly Reports.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 459
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Pengembangan Kompetensi Sekretaris Perusahaan
Competency Development of Corporate Secretary Division
Pengembangan Kompetensi Divisi Sekretaris Perusahaan
Competency Development of Corporate Secretary Division
Waktu Tempat
Jabatan Pelatihan Penyelenggara
Pelaksanaan Pelaksanaan
Position Training Organizer
Date Place
• Sr Officer II BOD Support The 2nd Good Corporate 20- 21 Februari I Jakarta Indonesia
• Sr Officer I Internal Governance International February 2024 Corporate
• Officer II ESG Management Conference on ESG: ESG Secretary
• Jr Officer I Stakeholder in Corporate Governance Association
Relation for Corporate Sustainable
Growth
• Corporate Secretary Tata Kelola Corporate 3 Mei I Yogyakarta Universitas Gadjah
• Manager Corp. Comm. & Social Responsibility May 2024 Mada
Stakeholder Mgmt Corporate Social Gajah Mada
• Sr Officer I Internal Responsibility Governance University
Communication
• Sr Officer I BOD Support
• Officer II ESG Management
• Officer II CSR
• Jr Officer II Media &
Communication
• Sr Officer I Form. Permit &
Doc. Mgmnt.
• Corporate Secretary Public Speaking & 26 Agustus I Jakarta Kiroyan Partners
• Manager Corp. Comm. & Penanganan Media August 2024
Stakeholder Mgmt Public Speaking & Media
• Jr Officer II Media & Handling
Communication
Jr Officer I Stakeholder Relation Junior Management 24 September Jakarta Pertamina
Development Program 2024 Corporate
(JMDP) University
Sr Officer II BOD Support Penyelenggaraan Rapat 29 Oktober I Jakarta Indonesia
Umum Pemegang Saham October 2024 Corporate
secara Elektronik Secretary
Electronic Convening of the Association
General Meeting of
Shareholders
Sr Officer II BOD Support Pengenalan IFRIS 1&2: 4 Novemeber Jakarta Indonesia
Panduan Praktis bagi 2024 Corporate
Perusahaan Indonesia Secretary
Introduction to IFRS 1 & 2: Association
A Practical Guide for
Indonesian Companies
Officer II ESG Management ESG, AI, and GRC in 4 Desember I Bali CRMS Indonesia
Modern Risk Governance December
2024
Pelaksanaan Kegiatan Sekretaris Implementation of Corporate
Perusahaan Tahun 2024 Secretary Activities in 2024
Pelaksanaan kegiatan Sekretaris Perusahaan sepanjang Throughout 2024, the Corporate Secretary conducted
tahun 2024 antara lain: various activities, including:
• Melaksanakan RUPST pada tanggal • Conducting the AGMS on 28 May 2024, and
28 Mei 2024, RUPSLB pada tanggal 12 Februari EGMS on 12 February 2024, and 31 July 2024.
2024 dan RUPSLB pada tanggal 31 Juli 2024.
• Mempersiapkan dan mendokumentasikan 32 • Preparing and documenting 32 Internal Board of
Rapat Internal Direksi. Directors Meetings.
460 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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• Mempersiapkan, mendokumentasikan, dan • Preparing, documenting, and coordinating 12
mengkoordinasikan 12 Rapat Gabungan Direksi Joint Meetings between the Board of Directors and
dan Dewan Komisaris dengan Sekretaris Dewan the Board of Commissioners in collaboration with
Komisaris. the Secretary of the Board of Commissioners.
• Menyampaikan empat Laporan Triwulan kepada • Submitting four quarterly reports to the Board of
Direksi, Dewan Komisaris dan pemegang saham Directors, the Board of Commissioners, and the
mayoritas. ultimate shareholder.
• Melaksanakan engagement activities dengan • Conducting engagement activities with
pemangku kepentingan. stakeholders.
• Melakukan pelaporan keterbukaan informasi • Reporting information disclosures to the public,
kepada masyarakat, termasuk ketersediaan including ensuring the availability of information
informasi melalui situs web Perseroan. through the Company's website.
• Menyampaikan laporan-laporan Perseroan • Submitting corporate reports to the Financial
kepada OJK. Services Authority (OJK).
• Melaksanakan program orientasi Perseroan bagi • Implementing the company's orientation program
Direksi dan/atau Dewan Komisaris yang baru. for newly appointed Directors and/or
Commissioners.
• Melakukan perencanaan monitoring dan evaluasi • Planning, monitoring, and evaluating the
pelaksanaan program CSR implementation of CSR programs.
• Melakukan kegiatan stakeholder engagement dan • Conducting stakeholder engagement activities
tata kelola media and media governance.
Siaran Pers Press Release
Sepanjang tahun 2024, Sekretaris Perusahaan telah Throughout 2024, the Corporate Secretary issued 115
menerbitkan 115 siaran pers untuk menyampaikan press releases to provide the public with the Company’s
informasi terkini Perseroan kepada publik. Seluruh latest information. All press releases can be accessed
siaran pers tersebut dapat diakses melalui situs web through the Company’s website at https://www.pge.
Perseroan https://www.pge.pertamina.com/id/si- pertamina.com/id/siaran-pers..
aran-pers.
Keterbukaan Informasi Information Disclosure
Mengacu pada Peraturan OJK Nomor Referring to OJK Regulation Number
31/POJK.04/2015 tentang Keterbukaan atas 31/POJK.04/2015 on Disclosure of Material
Informasi atau Fakta Material oleh Emiten atau Information or Facts by Issuers or Public Companies,
Perusahaan Publik, PGE sebagai perusahaan terbuka PGE, as a publicly listed company, is obligated to
memiliki kewajiban untuk mempublikasikan informasi disclose material information and facts to the public.
dan fakta material kepada publik.
Selama tahun 2024 PGE telah mempublikasikan 103 Throughout 2024, PGE published 103 information
keterbukaan informasi melalui Sistem Pelaporan disclosures through the Electronic Reporting System
Elektronik (SPE) yang terhubung kepada situs web (SPE), which is connected to the Indonesia Stock
Bursa Efek Indonesia (BEI) dan Otoritas Jasa Keuangan. Exchange (IDX) and the Financial Services Authority
Seluruh Keterbukaan Informasi PGE di sepanjang tahun (OJK) websites. All of PGE’s information disclosures in
2024 dapat diakses melalui situs web Perseroan 2024 can be accessed through the company’s website
https://www.pge.pertamina.com/id/keterbukaan- at https://www.pge.pertamina.com/id/keterbukaan-
informasi. informasi
2024 Annual Report PT Pertamina Geothermal Energy Tbk 461
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
HUBUNGAN INVESTOR
INVESTOR RELATIONS
Fungsi Hubungan Investor bertugas menjaga komunikasi The Investor Relations function is responsible for
yang transparan dan efektif dengan pemegang saham, maintaining transparent and effective communication
investor, broker institusi, manajer investasi, rating with shareholders, investors, institutional brokers,
agency, analis, serta komunitas keuangan lainnya investment managers, rating agencies, analysts, and the
melalui penyampaian informasi Perseroan yang efektif, broader financial community. This is achieved through
guna mendukung pengambilan keputusan investasi the effective dissemination of corporate information to
yang tepat oleh para pemegang saham dan investor, support informed investment decisions by shareholders
serta memaksimalkan kapitalisasi pasar Perseroan. and investors while maximizing the Company's market
capitalization.
Profil Kepala Hubungan Investor
Profile of Head of Investor Relations
RONALD ANDRE HUTAGALUNG
Manager Investor Relations
Kewarganegaraan : Warga Negara Indonesia
Nationality Indonesian
Usia | Age : 47 tahun / years old
Domisili | Domicile : Jakarta
Dasar Hukum Penunjukan: Surat Keputusan Direktur SDM & Penunjang Bisnis PT Perusahaan Gas Negara
Legal Basis of Appointment: No. SKMJ-00006/PGN60000/2023-S8 tanggal 8 Agustus 2023
Decree of the Director of Human Resources & Business Support of PT Perusahaan Gas Negara No.
SKMJ-00006/PGN60000/2023-S8 dated 8 August 2023.
Periode Menjabat: September 2023 - Sekarang
Term of Office: September 2023 - Present
Latar Belakang Pendidikan: • S1 International Business di George Washington University (1996 - 2000))
Educational Background: • S2 International Business di University of New South Wales (2006 - 2008)
Sertifikasi: -
Certification:
Pengalaman Kerja: • Sr. Expert ll Investor Relations - PT Perusahaan Gas Negara (2023)
Work Experience: • Advisor Investor Relations - PT Perusahaan Gas Negara (2022 - 2023)
• Advisor Investor Relations - PT Perusahaan Gas Negara (2021 - 2022)
Rangkap Jabatan: Tidak memiliki rangkap jabatan apapun
Concurrent Position: No Concurrent Positions
Hubungan Afiliasi : Tidak memiliki hubungan afiliasi baik dengan anggota Direksi, anggota Dewan Komisaris lainnya,
Affiliate Relations: maupun dengan pemegang saham pengendali dan utama
Does not have any affiliations with members of the Board of Directors, or fellow members of the
Board of Commissioners, nor with the controlling and ultimate shareholders.
462 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Fungsi, Tugas, dan Tanggung Jawab Functions, Duties, and
Hubungan Investor Responsibilities of Investor Relations
Hubungan Investor bertugas menyediakan akses yang Investor Relations is responsible for providing adequate
memadai untuk menyampaikan informasi terkait kinerja access to communicate information regarding the Com-
Perseroan kepada komunitas investasi dan para pe- pany’s performance to the investment community and
mangku kepentingan dengan tugas dan tanggung stakeholders, with the following duties and
jawab sebagai berikut: responsibilities:
1. Mengembangkan strategi pengelolaan komunikasi 1. Developing communication management strategies
kepada pemangku kepentingan yang tidak for stakeholders, including but not limited to Fund
terbatas kepada Fund Managers, buy-side & sell- Managers, buy-side & sell-side analysts, Investment
side analysts, Investments Bankers, dan Rating Bankers, and Rating Agencies.
Agencies.
2. Menjaga komunikasi antara Perseroan dan 2. Maintaining communication between the Company
investor, memastikan transparansi dan kepercayaan and investors, ensuring transparency and trust by
dengan memberikan informasi keuangan yang providing accurate financial information, and
akurat, dan menangani masalah secara efektif. effectively addressing issues.
3. Menjawab pertanyaan investor, mengomunikasikan 3. Responding to investor inquiries, communicating
kinerja, strategi dan prospek PGE melalui Quarterly PGE’s performance, strategy, and prospects
Earnings Call, Investor Conference, Teleconference, through Quarterly Earnings Calls, Investor
Website, Roadshow & Non-Deal Roadshow. Conferences, Teleconferences, Websites,
Roadshows, and Non-Deal Roadshows.
4. Mencermati dan menganalisa perkembangan 4. Monitoring and analyzing the performance of PGE
kinerja saham PGE (kode saham: PGEO), stock (stock code: PGEO), stock index movements,
pergerakan indeks harga saham, dan pergerakan and the stock performance of similar companies.
kinerja saham perusahaan sejenis.
5. Mengelola dan mengembangkan basis data 5. Managing and developing a database of the
kinerja Perseroan, kinerja saham, data investor, Company's performance, stock performance,
mailing list manajer investasi, dan pihak terkait investor data, investment manager mailing lists,
lainnya. and other relevant parties.
6. Mengelola aktivitas terkait kinerja rating Perseroan. 6. Managing activities related to the Company’s
rating performance.
7. Mengkoordinasikan produksi, publikasi, dan 7. Coordinating the production, publication, and
pendistribusian Laporan Tahunan serta Laporan distribution of the Company’s Annual Report and
Keberlanjutan Perseroan kepada seluruh Sustainability Report to all stakeholders.
pemangku kepentingan
2024 Annual Report PT Pertamina Geothermal Energy Tbk 463
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Pengembangan Kompetensi Investor Relations
Investor Relations Competency Development
Waktu Tempat
Jabatan Pelatihan Penyelenggara
Pelaksanaan Pelaksanaan
Position Training Organizer
Date Place
• Manager Investor Investor Relation 18 - 19 Juli I Bandung Pertamina Corporate
Relations, Bootcamp #1: July 2024 University
• Sr. Officer II Understanding the
Investor Information Basic Business
& Engagement, Language
• Officer I Investor
Communication
Manager Investor Leadership HSSE 22 - 23 Agustus I Bandung Pertamina Corporate
Relations August 2024 University
Manager Investor Investor Relation 24 - 25 Oktober I Jakarta Pertamina Corporate
Relations, Bootcamp #2: October 2024 University
• Sr. Officer II Corporate Action & IR
Investor Information Roles
& Engagement,
• Officer I Investor
Communication
Manager Investor Professional 12 - 13 Desember I Jakarta Pertamina Corporate
Relations Qualification level SLC December 2024 University
Sr. Officer II Investor Penyusunan Dokumen 4 Juni I Daring Pertamina Corporate
Information & BCMS 2024 June 2024 Online University
Engagement Preparation of BCMS
Document 2024
Sr. Officer II Investor Information Security 9 Agustus I Daring Pertamina Corporate
Information & Course August 2024 Online University
Engagement
Officer I Investor Pengenalan ISO 5 Juni I Daring PT Pertamina
Communication 37001:2016 Sistem June 2024 Online Geothermal Energy
Manajemen Anti Tbk
Penyuapan untuk
Implementor
Introduction to ISO
37001:2016 Anti-
Bribery Management
System for Implementers
Officer I Investor Workshop Merger 10 Juni I Jakarta PT Pertamina
Communication Akuisisi June 2024 Geothermal Energy
Merger & Acquisition Tbk
Workshop
Officer I Investor Leadership Project 10 - 12 Juli I Solo Pertamina Corporate
Communication Management and July 2024 University
Communication
464 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Pelaksanaan Kegiatan Hubungan Implementation of Investor Rela-
Investor Tahun 2024 tions Activities in 2024
Sepanjang tahun 2024, Investor Relations Perseroan Throughout 2024, the Company’s Investor Relations di-
telah melaksanakan berbagai inisiatif strategis untuk vision has executed a series of strategic initiatives
meningkatkan transparansi dan komunikasi dengan aimed at enhancing transparency and communication
para Investor. Upaya ini sejalan dengan komitmen PGE with investors. These efforts align with PGE’s strong
dalam menjaga kepercayaan investor serta mendukung commitment to fostering investor trust and supporting
pertumbuhan perusahaan yang berkelanjutan. Pelaksa- sustainable corporate growth. The key Investor Rela-
naan kegiatan Hubungan Investor sepanjang tahun tions activities conducted in 2024 include:
2024 antara lain:
Kegiatan Investor Relation Jumlah (kali)
Investor Relations Activity Frequency (times)
Investor & Analyst Meetings 101
Public Expose 1
Non-Deal Roadshow & Conference 24
Global Earnings Call 1
Penerbitan Investor Newsletter 13
Investor Newsletter Publication
Total 140
2024 Annual Report PT Pertamina Geothermal Energy Tbk 465
Page 466
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
AUDIT EXECUTIVE
AUDIT EXECUTIVE
Perseroan membentuk Fungsi Audit Executive sebagai The Company has established the Audit Executive
organ pendukung yang membantu manajemen dalam function as a supporting body that assists management in
proses pengelolaan perusahaan, melalui proses corporate governance by evaluating risk management,
evaluasi manajemen risiko, pengendalian internal, dan internal controls, and the implementation of Good
penerapan GCG. Corporate Governance (GCG).
Profil Kepala Audit Executive Profile of the Chief Audit Executive
Pada tahun 2024, terdapat perubahan Chief Audit In 2024, there was a change in the Chief Audit
Executive yang sebelumnya dijabat oleh Yusuf Wahyuri Executive position. Previously held by Yusuf Wahyuri,
digantikan oleh Elise, yang berlaku efektif sejak the role was succeeded by Elise, effective 1 March
1 Maret 2024 berdasarkan Keputusan Direksi 2024 based on the Board of Directors' Decision of PT
PT Perusahaan Gas Negara Tbk Nomor 006700.K/ Perusahaan Gas Negara Tbk, No. 006700.K/
KP.02.02/HCGS/2024 tanggal 22 Februari 2024. KP.02.02/HCGS/2024, dated 22 February 2024.
ELISE
Chief Audit Executive
Kewarganegaraan : Warga Negara Indonesia
Nationality Indonesian
Usia | Age : 48 tahun / years old
Domisili | Domicile : Jakarta
Dasar Hukum Penunjukan: Keputusan Direksi PT Perusahaan Gas Negara Tbk Nomor 006700.K/KP.02.02/HCGS/2024
Legal Basis of Appointment : tanggal 22 Februari 2024
Decree of Director of PT Perusahaan Gas Negara Tbk No. 006700.K/KP.02.02/HCGS/2024,
dated 22 February 2024.
Periode Menjabat : Maret 2023 - sekarang
Term of Office : Maret 2023 - Present
Latar Belakang Pendidikan : • Sarjana Akuntansi, Universitas Padjadjaran (1995 - 1999)
Educational Background : • Magister Manajemen, IPMI Business School (2018)
• Bachelor’s Degree in Accounting, Universitas Padjadjaran (1995–1999)
• Master of Management, IPMI Business School (2018)
Pengalaman Kerja : • Kepala Divisi Audit, Grup Internal Audit, PT Perusahaan Gas Negara Tbk
Work Experience : (2020 – Februari 2024)
• Ketua Tim, Grup Internal Audit, PT Perusahaan Gas Negara Tbk (2017 – 2020)
• Anggota Tim, Grup Internal Audit, PT Perusahaan Gas Negara Tbk (2005 – 2017)
• Staff Accounting, Divisi Accounting, PT Perusahaan Gas Negara Tbk (2003 – 2005)
• Senior Auditor, Kantor Akuntan Publik Deloitte Touche Tohmatsu (2000 – 2003)
• Manager Fuel IA PT Pertamina Patra Niaga SH C&T (2022 – Maret 2023)
• Manager IA Region II PT Pertamina Patra Niaga SH C&T (2020-2021)
• Chief Internal Audit PT Pertamina Lubricants (2018-2020)
• Senior Auditor PT Pertamina (Persero) (2017-2018)
• Head of Internal Audit PT Pertamina Retail (2015-2017)
466 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Rangkap Jabatan : Tidak memiliki rangkap jabatan apapun
Concurrent Position : No Concurrent Positions
Hubungan Afiliasi : Tidak memiliki hubungan afiliasi dengan anggota Dewan Komisaris, Direksi dan Pemegang
Affiliate Relations : Saham Pengendali
Does not have any affiliations with members of the Board of Directors, or fellow members of the
Board of Commissioners, nor with the controlling and ultimate shareholders.
Komposisi Personil Audit Executive Composition of Audit Executive
Personnel
Per akhir 31 Desember 2024, jumlah personel Audit As of 31 December 2024, the Audit Executive team
Executive adalah lima personil dengan komposisi consists of five personnel with the following composition:
sebagai berikut:
Nama Posisi Keahlian Pendidikan Sertifikasi Profesi
Name Position Expertise Education Professional Certification
Elise1 Chief Audit Executive Audit, Risk Management, • S1 Akuntansi QIA, CIA, CRMP, CRMA,
Fraud Investigation, • S2 Manajemen CFE, CACP, CRP
Investigation Interview, • Bachelor’s in
Whistleblowing Review Accounting
• Master’s in
Management
Tumpal Wagner Sitorus2 Manager Internal Audit Audit & Project • S1 Akuntansi CFE, ASEAN CPA, CA,
Operation & Infrastructure Management, WBS • S2 Master of Business CPA, RNA, BKP, ISO
Investigation & Fraud Risk • S2 Master of 37001 Lead Auditor
Management, GRC & Manajemen
ISO37001-SMAP • Bachelor’s in
Accounting
• Master of Business
• Master of
Management
Irvan Desmal Manager Internal Audit Internal Audit & GRC, • S1 Akuntansi QIA, CA, CPA
Finance & Business Strategic • S2 Strategic
Support Management & MCS, Management
Accounting • Bachelor’s in
Accounting
• Master’s in Strategic
Management
Aditya Yoga Satria3 Auditor I Operation & Internal Audit & GRC, • S1 Teknik Sipil QIA,CFrA
Infrastructure Fraud Investigation, Project • S2 Magister
Management Manajemen Teknologi
(Konsentrasi:
Manajemen Proyek)
• Bachelor's in Civil
Engineering
• Master’s in Technology
Management (Project
Management
Concentration)
Yudha Dwi Azhariyadi Auditor II Finance & Audit, Accounting, Risk S1 Akuntansi CA, QIA, CRP, RNA
Business Support Management Bachelor’s in Accounting
Keterangan: Notes:
1
Mulai menjabat pada Maret 2024 1
Served from March 2024
2
Mulai menjabat pada Oktober 2024 2
Served from October 2024
3
Mulai menjabat pada Juli 2024 3
Served from July 2024
2024 Annual Report PT Pertamina Geothermal Energy Tbk 467
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Kualifikasi dan Sertifikasi Auditor Auditor Qualifications and
Certifications
Sebagai bentuk komitmen PGE terhadap peningkatan As a testament of PGE's commitment to improving
standar profesi, Audit Executive didorong untuk professional standards, Audit Executives are
mengembangkan kompetensinya melalui sertifikasi encouraged to develop their competence through
profesi. Di tahun 2024, personel Audit Executive PGE professional certification. By 2024, PGE Audit Executive
telah memiliki sertifikasi sebagai berikut: personnel have obtained the following certifications:
Sertifikasi Chief Audit
No Manager Auditor
Certifications Executive
1 Qualified Internal Auditor (QIA) 1 1 4
2 Certified Internal Auditor (CIA) 1 - -
3 Certified Risk Management Professional (CRMP) 1 - -
4 Certified Risk Management Assurance (CRMA) 1 - -
5 Certified Fraud Examiner (CFE) 1 1 -
6 Certification in Audit Committee Practices (CACP) 1 - -
7 Certified Risk Professional (CRP) 1 - 1
8 ASEAN Certified Public Accountant (ACPA) - 1 -
9 Chartered Accountant (CA) - 1 1
10 Certified Forensic Auditor (CFrA) - - 1
Register Negara Akuntan (RNA)
11 - 1 1
State Register of Accountants (RNA)
Bersertifikat Konsultan Pajak (BKP)
12 - 1 -
Certified Tax Consultant (CTC)
13 ISO 37001 Lead Auditor - 1 -
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Struktur Organisasi Audit Executive Audit Executive Organizational
Structure
Fungsi Audit Executive PGE dipimpin oleh Chief Audit PGE's Audit Executive function is led by the Chief Audit
Executive, yang diangkat dan diberhentikan oleh Executive, who is appointed and dismissed by the
Direktur Utama Perseroan setelah memperoleh Company's President Director after obtaining
rekomendasi dari Chief Audit Executive PT Pertamina recommendations from the Chief Audit Executive of PT
(Persero) dan memperoleh persetujuan Dewan Pertamina (Persero) and approval from the Company's
Komisaris Perseroan sesuai ketentuan yang diatur Board of Commissioners in compliance with the
dalam Corporate Chartered dan ketentuan Peraturan provisions outlined in Corporate Charter and the
OJK (POJK). provisions of the FSA Regulation (POJK).
Secara struktur, Chief Audit Executive berada di bawah In terms of structure, the Chief Audit Executive is
Direktur Utama Perseroan bedasarkan Surat Keputusan assigned under the Company’s President Director
Direktur Utama PT Pertamina Geothermal Energy based on the Decree of the President Director of PT
Nomor Kpts.P-084/PGE000/2022-S0 tanggal Pertamina Geothermal Energy No. Kpts.P-084/
22 Desember 2022 tentang Struktur Organisasi PGE000/2022-S0 dated 22 December 2022 on the
PT Pertamina Geothermal Energy Tbk. Organizational Structure of PT Pertamina Geothermal
Energy Tbk.
Direktur Utama
President Director
Chief Audit Excecutive
Manager Internal Audit Manager Internal Audit
Operation & Infrastructure Finance & Business Support
Auditor Operation & Auditor Operation & Auditor Finance & Auditor Finance &
Infrastructure Infrastructure Business Support Business Support
2024 Annual Report PT Pertamina Geothermal Energy Tbk 469
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Piagam Audit Executive Audit Executive Charter
Dalam rangka memenuhi ketentuan Peraturan Otoritas In order to comply with the provisions of the FSA
Jasa Keuangan Nomor 56/POJK.04/2015 tentang Regulation No. 56/POJK.04/2015 on the
Pembentukan dan Pedoman Penyusunan Piagam Audit Establishment and Guidelines for the Formulation of
Internal, Fungsi Audit Executive telah memperbaharui Internal Audit Charter, the Audit Executive Function has
Piagam Audit Internal yang ditandatangani oleh renewed the Internal Audit Charter signed by the
Direktur Utama dan Komisaris Utama beserta Chief President Director and President Commissioner along
Audit Executive pada tanggal 12 Desember 2024. with the Chief Audit Executive on 12 December 2024.
Piagam Internal Audit memuat visi, misi, tujuan, ruang The Internal Audit Charter comprises vision, mission,
lingkup, prinsip utama internal audit, persyaratan objectives, scope, main principles of internal audit,
auditor internal, larangan perangkapan tugas dan requirements of internal auditors, prohibition of
jabatan, struktur dan kedudukan, independensi, concurrent duties and positions, structure and position,
wewenang, tugas dan tanggung jawab, standar independence, authority, duties and responsibilities,
pelaksanaan internal audit, dan kode etik auditor. standards of internal audit implementation, and
auditors' code of ethics.
Independensi Audit Executive Independence of Audit Executive
Aspek independensi yang termaktub dalam Piagam The independence aspects contained in the Internal
Audit Internal meliputi: Audit Charter include:
• Chief Audit Executive dan seluruh staf Audit • The Chief Audit Executive and all Audit Executive
Executive dilarang terlibat dalam kegiatan staff are prohibited from any involvement in the
operasional Perusahaan maupun Afiliasi yang operational activities of the Company or Affiliates
dapat mengganggu independensi pelaksanaan that may interfere with the independence of their
tugasnya. duties.
• Chief Audit Executive dan seluruh staf Audit • The Chief Audit Executive and all Audit Executive
Executive wajib menjaga sikap tidak memihak, staff must demonstrate impartiality, avoid conflicts
menghindari konflik kepentingan, objektif dalam of interest, remain objective in performing
menjalankan penugasan dan mengungkapkan jika assignments and disclose any potential conflicts of
terjadi potensi konflik kepentingan dan gangguan interest and disruptions to independence.
terhadap independensi.
• Auditor yang direkrut dari Fungsi Bisnis di • Auditors recruited from Business Functions within
lingkungan PGE dapat melakukan audit di fungsi PGE may conduct audits in the previous business
bisnis sebelumnya minimal satu tahun sejak function only after being transferred to the Audit
kepindahannya ke Fungsi Audit Executive dengan Executive Function for at least one year, while
tetap mengedepankan aspek independensi dan maintaining independence and objectivity.
objektivitas.
• Chief Audit Executive menyampaikan kepada • The Chief Audit Executive informs the President
Direktur Utama/Komisaris Utama/Komite Audit Director/the President Commissioner/the Audit
jika terdapat intervensi dalam penentuan lingkup Committee of any intervention during the
audit, pelaksanaan audit dan pelaporan hasil determination of the audit scope, the conduct of
audit. the audit, and the reporting of the audit results.
• Chief Audit Executive dapat berkomunikasi dan • The Chief Audit Executive can communicate and
berinteraksi langsung dengan Dewan Komisaris interact directly with the Board of Commissioners
dan Komite Audit, tanpa kehadiran Manajemen. and the Audit Committee, without the presence of
the Management.
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Kode Etik Auditor Auditor’s Code of Ethics
Personel Audit Executive Perseroan wajib mematuhi The Company's Audit Executive personnel must comply
Kode Etik Internal Audit sebagai berikut: with the Internal Audit Code of Ethics as follows:
Integritas Integrity
• Melaksanakan setiap penugasan dengan berani • Performing every assignment bravely and earnestly
dan bersungguh-sungguh serta menjunjung tinggi and upholding the values of honesty and truth.
nilai-nilai kejujuran dan kebenaran. • Complying with laws and regulations during the
• Mematuhi peraturan perundang-undangan di implementation of assignment activities, including
dalam pelaksanaan kegiatan penugasan, termasuk the disclosure of audit-related information.
dalam pengungkapan informasi audit. • Keeping away from all forms of activities that can
• Menjauhkan diri dari segala bentuk kegiatan yang harm the reputation of the profession and the
dapat mencederai reputasi profesi dan Perseroan. Company.
• Melakukan interupsi terhadap kejadian yang • Interrupting potentially fraudulent events in every
berpotensi fraud di setiap lini kegiatan Perseroan. line of the Company’s activities.
• Mematuhi kode etik Perseroan dan berkontribusi • Adhering to the Company’s code of ethics and
pada pencapaian tujuan Perseroan. contributing to the achievement of the Company’s
objectives.
Objektivitas Objectivity
• Menghindari diri dari segala bentuk upaya • Avoiding all forms of effort to seek personal
pengambilan manfaat pribadi, konflik kepentingan benefits, conflicts of interest, and subjective
dan keberpihakan subjektif dalam pelaksanaan favoritism in the implementation of assignment
kegiatan penugasan. activities.
• Menolak segala bentuk pemberian dari pihak • Rejecting any form of gift from any party that may
manapun yang dapat menimbulkan dan/atau cause and/or influence professional judgment.
mempengaruhi penilaian profesional.
• Mengungkapkan seluruh fakta penting yang • Disclosing all important facts known in the results
diketahui di dalam laporan hasil pelaksanaan report of the assignment activities.
kegiatan penugasan.
Kerahasiaan Confidentiality
• Mengelola informasi yang diperoleh selama • Carefully managing information obtained during
pelaksanaan tugas dengan hati-hati dan menjaga the performance of duties and maintaining its
kerahasiaannya. confidentiality.
• Menggunakan informasi yang diperoleh dalam • Using information obtained in the performance of
pelaksanaan tugas hanya untuk kepentingan duties only for the benefit of the Company.
Perseroan.
Kompetensi Competence
• Memiliki pengetahuan, keterampilan dan • Having adequate knowledge, skills, and
kompetensi yang memadai dalam setiap competence in each assignment activity.
pelaksanaan kegiatan penugasan.
• Memastikan setiap pelaksanaan kegiatan • Ensuring that each assignment activity is conducted
penugasan sesuai dengan standar yang berlaku. in accordance with applicable standards.
• Meningkatkan keahlian, efektivitas, kualitas • Improving expertise, effectiveness, quality of
penugasan, dan kompetensi melalui pendidikan assignments, and competence through continued
profesional yang berkelanjutan. professional education.
Sanksi Sanctions
• Setiap pelanggaran atas Kode Etik akan dikenakan • Any violation of the Code of Ethics will be subject
sanksi sesuai dengan ketentuan perusahaan. to sanctions in accordance with company
• Jenis sanksi dan mekanisme pemberian sanksi regulations.
mengacu kepada peraturan kepegawaian yang • The types of sanctions and sanctioning mechanisms
berlaku. refer to the applicable personnel regulations.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 471
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Tugas dan Tanggung Jawab Internal Duties and Responsibilities of Audit
Audit Executive
Fungsi Audit Executive memiliki tugas dan tanggung The Audit Executive function has the following duties
jawab sebagai berikut: and responsibilities:
• Melaksanakan kegiatan pengawasan melalui • Conducting supervisory activities by providing
pemberian jasa assurance, advice, dan insight di assurance, advice, and insight services across all
seluruh area kegiatan operasional dan bisnis PGE operational and business areas of PGE and its
dan Afiliasi. Affiliates.
• Memastikan aspek integritas, objektivitas, • Ensuring adequate implementation of integrity,
kerahasiaan dan kompetensi diterapkan secara objectivity, confidentiality and competence
memadai. aspects.
• Menyusun dan mengusulkan Annual Audit Plan • Drafting and proposing the Annual Audit Plan
(AAP) yang mencakup antara lain objek (AAP) which includes, among others, the
penugasan, jadwal penugasan, jadwal penugasan, assignment object, assignment schedule, and
dan resources yang dibutuhkan untuk mendapatkan resources required to obtain approval from the
persetujuan Direktur Utama, dan Dewan Komisaris President Director and the Board of Commissioners
atas rekomendasi Komite Audit. based on the recommendation of the Audit
Committee.
• Melakukan review AAP yang sedang berjalan, • Reviewing the ongoing AAP, to ensure its suitability
untuk memastikan kesesuaiannya dengan proses with the Company’s business processes and risks,
bisnis dan risiko Perseroan, serta lingkup dan tujuan as well as the assignments’ scope and objectives.
penugasan.
• Mengkomunikasikan keterbatasan sumber daya • Communicating the limitations of resources for the
pelaksanaan penugasan, perubahan AAP, dan assignment execution, changes in the AAP, and
perubahan arah kebijakan kepada Direktur Utama, shifts in policy direction to the President Director
dan Dewan Komisaris melalui Komite Audit. and the Board of Commissioners through the Audit
Committee.
• Memastikan setiap penugasan dilakukan dengan • Ensuring that each assignment is supervised and
supervisi dan didukung dengan kertas kerja yang supported by adequate working papers, as well as
memadai, serta rekomendasi, advice, dan insight, recommendations, advice, and insights that are
yang disampaikan dapat diimplementasikan oleh delivered and can be implemented by the Auditee.
Auditee.
• Memastikan Fungsi Audit Executive secara kolektif • Ensuring the Audit Executive Function collectively
memiliki, memperoleh pengetahuan, keterampilan, possesses, acquires adequate knowledge, skills,
dan kompetensi yang memadai. and competencies.
• Melaksanakan koordinasi pengelolaan kegiatan • Coordinating for the management of internal audit
internal audit yang tidak terbatas pada kegiatan activities, which includes but is not limited to
assurance, advice, dan insight di lingkungan assurance, advice, and insight activities within the
internal audit Pertamina Group. internal audit environment of Pertamina Group.
• Menguji serta mengevaluasi efektivitas • Testing and evaluating the effectiveness of the
pelaksanaan pengendalian internal dan sistem implementation of internal control and risk
manajemen risiko sesuai dengan kebijakan yang management systems in line with applicable
berlaku. policies.
• Melaksanakan pemeriksaan kepatuhan terhadap • Performing compliance audits against relevant
peraturan perundangan terkait. laws and regulations.
• Mengidentifikasi alternatif perbaikan dan • Identifying alternative ways to improve and
peningkatan efisiensi operasional Perusahaan. increase the Company’s operational efficiency.
• Melaksanakan pemeriksaan khusus apabila • Performing special examinations if required.
diperlukan.
• Melaksanakan koordinasi dengan Komite Audit. • Coordinating with the Audit Committee.
• Melaporkan hasil pengawasan kepada Direktur • Reporting the results of supervision to the President
Utama, Direktur lainnya yang relevan, dan Dewan Director, other relevant Directors, and the Board of
Komisaris. Commissioners.
• Memonitor pelaksanaan tindak lanjut hasil audit • Monitoring the implementation of follow-up results
internal, eksternal, dan institusi pengawasan of internal, external, and other supervisory
lainnya dan melaporkan secara periodik kepada institutions and reporting them periodically to the
Direktur Utama dan Komite Audit. President Director and the Audit Committee.
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• Melaksanakan koordinasi kegiatan audit/ • Coordinating audit/examination activities
pemeriksaan oleh auditor eksternal. performed by external auditors.
• Melaksanakan audit investigasi berdasarkan • Performing investigative audits based on
pelimpahan dan dikoordinasikan dengan Internal delegations and coordinated with Internal Audit
Audit Holding serta dapat dilakukan sebagai Holding and can be conducted as a follow-up to
tindak lanjut atas pengaduan melalui reports submitted through the Whistleblowing
Whistleblowing System (WBS) atau masyarakat/ System (WBS) or from the public/other parties
pihak lainnya dan/atau berdasarkan red flag and/or based on red flags identified by Internal
yang telah diidentifikasi oleh Internal Audit. Audit.
• Melaksanakan evaluasi dan peningkatan mutu • Conducting evaluation and quality improvement
(improvement program) kegiatan Internal Audit. (improvement program) for Internal Audit activities.
• Melaporkan hasil kegiatan Internal Audit kepada • Reporting the results of Internal Audit activities to
Direktur Utama, dan Dewan Komisaris melalui the President Director and the Board of
Komite Audit. Commissioners through the Audit Committee.
• Melaksanakan penugasan khusus/lainnya dari • Performing special/other assignments from the
Direksi, Dewan Komisaris, dan/atau Komite Audit Board of Directors, the Board of Commissioners,
yang relevan dengan ruang lingkup pekerjaan and/or the Audit Committee that are relevant to
audit. the scope of audit work.
• Melakukan penyusunan dan pengkajian Piagam • Conducting the preparation and review of the
Audit Internal secara periodik, minimal setahun Internal Audit Charter periodically, at least once a
sekali serta menyampaikannya kepada Direktur year, and submitting it to the President Director
Utama dan Dewan Komisaris untuk memperoleh and the Board of Commissioners for approval.
persetujuan.
Wewenang Audit Executive Authority of Audit Executive
Dalam menjalankan tugasnya, Fungsi Audit Executive In performing its duties, the Audit Executive Function
memiliki kewenangan: has the following authorities:
• Memiliki akses tidak terbatas atas semua data, • Having unrestricted access to all data, documents,
dokumen, fungsi, kegiatan, dan sumber daya functions, activities, and other Company resources
Perusahaan lainnya termasuk meminta keterangan including requesting information or explanations
atau penjelasan pada semua pejabat/pekerja from all officials/workers in order to carry out the
dalam rangka pelaksanaan tugas Fungsi Audit duties of the Audit Executive Function.
Executive.
• Menentukan ruang lingkup, metode, cara, teknik, • Determining the scope, methods, methods,
strategi, dan pendekatan audit. techniques, strategies, and audit approaches.
• Melaksanakan komunikasi secara langsung • Communicating directly with the Board of Directors,
dengan Direksi, Dewan Komisaris, dan/atau the Board of Commissioners, and/or the Audit
Komite Audit. Committee.
• Melaksanakan koordinasi dengan auditor • Coordinating with external auditors and other
eksternal dan institusi pengawasan lainnya. supervisory institutions.
• Meminta atau mendapatkan bantuan dari pekerja • Requesting or obtaining assistance from the
Perusahaan maupun dari pihak luar Perusahaan, Company’s workers or external parties, in order to
dalam rangka pelaksanaan tugasnya. carry out its duties.
• Mengadakan rapat secara berkala dan pada saat • Organizing meetings on a regular basis and when
diperlukan dengan Direksi, Dewan Komisaris, necessary with the Board of Directors, the Board of
dan/atau Komite Audit. Commissioners, and/or the Audit Committee.
• Mengelola kegiatan assurance, advice, insight, • Managing assurance, advice, insight, and
dan audit investigasi (bila ada pelimpahan investigative audit activities ( in the event of
wewenang) di lingkungan PGE dan Afiliasi melalui delegation of authority) within PGE and Affiliates
mekanisme yang ditentukan sebelumnya. through a predetermined mechanism.
• Mengkoordinasikan pengelolaan kegiatan Internal • Coordinating for the management of Internal Audit
Audit dengan Internal Audit Subholding PNRE dan activities with Internal Audit of PNRE Subholding
Internal Audit Holding sesuai dengan pola and Internal Audit of Holding based on the
koordinasi yang telah disetujui oleh Direktur coordination scheme approved by the President
Utama. Director.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 473
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07 TATA KELOLA PERUSAHAAN
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Pelaksanaan Kegiatan Audit Audit Executive Activities in 2024
Executive Tahun 2024
Rencana pelaksanaan kegiatan Audit Executive Tahun The 2024 Audit Executive activities are based on the
2024 dinyatakan dalam Annual Audit Plan (AAP) Annual Audit Plan (AAP) of the Audit Executive
Fungsi Audit Executive tahun 2024 yang telah disetujui Function, approved by the President Director and
oleh Direktur Utama dan Komisaris Utama selaku Ketua President Commissioner as the Chairperson of the Audit
Komite Audit. Committee.
Beberapa aspek yang dipertimbangkan dalam Several aspects taken into consideration in preparing
menyusun AAP Tahun 2024 adalah: the 2024 AAP include:
• Top Corporate Risk PGE Tahun 2024 • PGE’s Top Corporate Risk for 2024
• Stakeholder expectations, di antaranya masukan • Stakeholder expectations, including Management
Management (BOD Concern) dan arahan Dewan input (BOD Concern) and directives from the Board
Komisaris/Komite Audit (BOC Concern) of Commissioners/the Audit Committee (BOC
Concern)
• Strategic Planning (RKAP) Tahun 2024 • Strategic Planning (RKAP) of 2024
• Historical audit coverage work program • Historical audit coverage work program
• Fraud Risk Identification (FRI) dari Fungsi Audit • Fraud Risk Identification (FRI) from Audit
Investigation Holding Investigation Holding Function
• Tema penyusunan AAP Tahun 2024 Fungsi Internal • Theme for the drafting of the 2024 AAP for the
Audit PT Pertamina Group Internal Audit Function of PT Pertamina Group
• Hasil Rapat Kerja dan Koordinasi PT Pertamina • Results of Work and Coordination Meeting of PT
(Persero), Subholding, dan Anak Perusahaan Pertamina (Persero), Subholding, and Subsidiaries
• Auditor Judgement & Management Insights Audit • Auditor Judgement & Management Insights Audit
Executive. Executive.
Realisasi Kegiatan Audit Executive Realization of PGE’s Audit Executive
PGE Untuk Tahun 2024 Activities for 2024
Berdasarkan data implementasi AAP per 31 Desember Based on the AAP implementation data, as of
2024 diinformasikan bahwa Fungsi Audit Executive 31 December 2024, the PGE Audit Executive Function
PGE telah melaksanakan empat penugasan, melebihi has conducted four assignments, exceeding the 2024
rencana AAP tahun 2024 sebanyak tiga penugasan. AAP plan of three assignments.
Fungsi Audit Executive PGE telah menyelesaikan tiga The PGE Audit Executive Function has completed three
penugasan assurance terkait AAP, yaitu Audit atas assurance assignments related to the AAP, namely
Aktivitas Pengelolaan Drilling, Audit atas Pengelolaan Audit of Drilling Management Activities, Audit of HR
SDM, dan Audit atas Aktivitas Penjualan Listrik/Uap. Management, and Audit of Electricity/Steam Sales
Fungsi Audit Executive PGE juga telah melaksanakan Activities. PGE's Audit Executive function has also
satu penugasan Non-Audit lainnya yaitu Audit Evaluasi conducted one other Non-Audit assignment, namely
Internal atas Biaya Perjalanan Dinas. the Internal Evaluation Audit of Official Travel Expenses.
474 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Penugasan Audit AAP/AAP Terpadu/ NON AAP
Audit Assignments for AAP/Integrated AAP/NON AAP
Rencana dan Realisasi AAP 2024
Plan and Realization of AAP 2024
Realisasi Penugasan Audit AAP/AAP Terpadu/Non AAP
Realization of AAP/Integrated AAP/ Non-AAP Audit Assignments
Timeline 2024 (Bulan I Month)
Judul Audit Kategori* Progres/No. & Tgl LHA
No.
Audit Title Category* Progress/No. & Date of Reports
1 2 3 4 5 6 7 8 9 10 11 12
1. Audit atas Aktivitas AAP SP No. Prin - 001/
Pengelolaan Drilling di PT PGE700/2024-S0, tgl. 21
Pertamina Geothermal Februari 2024 dan No. Prin -
Energy Tbk 003/PGE700/2024-S0, tgl. 31
Mei 2024
Audit of Drilling SP No. Prin - 001/
Management Activities at PGE700/2024-S0, dated 21
PT Pertamina Geothermal February 2024 and No. Prin -
Energy Tbk 003/PGE700/2024-S0, dated
31 May 2024
LHA No. 01/PGE700/2024-S0,
tgl. 26 Juli 2024
LHA No. 01/PGE700/2024-S0,
dated 26 July 2024
2. Audit atas Pengelolaan AAP SP No. Prin – 007/
SDM di PT Pertamina PGE700/2024–S0, tgl 27
Geothermal Energy Tbk September 2024
SP No. Prin – 007/
Audit of HR Management PGE700/2024–S0, dated 27
at PT Pertamina September 2024
Geothermal Energy Tbk
LHA No. 04/PGE700/2024-S0,
tgl. 31 Desember 2024
LHA No. 04/PGE700/2024-S0,
dated 31 December 2024
3. Audit atas Aktivitas AAP SP No Print - 006/
Penjualan Listrik/Uap di PT PGE700/2024-S0, tgl. 23
Pertamina Geothermal Agustus 2024
Energy Tbk SP No Print - 006/
PGE700/2024-S0, dated 23
Audit of Electricity/Steam August 2024
Sales Activities at PT
Pertamina Geothermal LHA No. 02/PGE700/2024-S0,
Energy Tbk tgl. 2 Desember 2024
LHA No. 02/PGE700/2024-S0,
dated 2 December 2024
4 Evaluasi Internal atas Non AAP SP No Print - 005/
Biaya Perjalanan Dinas PGE700/2024-S0, tgl. 22 Juli
2024
Internal Evaluation of SP No Print - 005/
Office Travel Expenses PGE700/2024-S0, dated 22
July 2024
Memorandum No. 007/
PGE720/2024-S0, tgl 22
November 2024
Memorandum No. 007/
PGE720/2024-S0, dated 22
November 2024
LHA No. 03/PGE700/2024-S0,
tgl. 13 Desember 2024
LHA No. 03/PGE700/2024-S0,
dated 13 December 2024
Keterangan:
Notes:
: Rencana
: Plan
: Realisasi
: Realization
2024 Annual Report PT Pertamina Geothermal Energy Tbk 475
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Beberapa dokumentasi penugasan yang dilaksanakan The following are some of the documentation of
oleh Fungsi Audit Executive PGE pada tahun 2024 assignments performed by PGE's Audit Executive
adalah sebagai berikut: Function in 2024:
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Penugasan Formal Non Audit Non-Audit Formal Assignment
Selain penugasan Audit AAP dan Non-AAP, Fungsi In addition to the AAP and Non-AAP Audit assignments,
Audit Executive telah melakukan Penugasan Formal the Audit Executive Function has conducted other
Non-Audit lainnya, di antaranya yaitu turut berperan Formal Non-Audit Assignments, including taking an
aktif di dalam penugasan Tim Unit Pengendalian active role in the assignment of the Gratuities Control
Gratifikasi (UPG) berdasarkan Surat Perintah Direktur Unit (UPG) Team based on the PGE Director's Order
PGE Nomor Prin-100/PGE000/2024-S0 tanggal 27 Letter No. Prin-100/PGE000/2024-S0 dated 27
Desember 2024. Pada kegiatan tersebut, Chief Audit December 2024. In this event, the Chief Audit Executive
Executive berperan sebagai Ketua Tim Unit Pengendali acted as Team Leader of the Gratuities Control Unit
Gratifikasi dan seluruh Pekerja Audit Executive ikut and all Audit Executive Personnel participated in the
berperan di dalam penugasan tersebut sebagai assignment as Secretary and Members.
Sekretaris dan Anggota.
Di samping penugasan Penugasan Formal Non Audit In addition to the aforementioned Formal Non Audit
diatas, Audit Executive PGE juga terlibat di dalam Assignments, PGE's Audit Executive was also involved
beberapa penugasan lainnya. Penugasan tersebut in several other assignments. These assignments include:
antara lain: Tim Implementasi & Sertifikasi Business ISO 22301:2019 Business Continuity Management
Continuity Management System (BCMS) ISO System (BCMS) Implementation & Certification Team in
22301:2019 di Holding & Subholding (Pertamina Holding & Subholding (Pertamina Group), Geothermal
Group), Tim Implementasi & Sertifikasi Geothermal Integrated Management System (GIMS)
Integrated Management System (GIMS) ISO Implementation & Certification Team for ISO
9001:2015, ISO 14001:2015, ISO 45001:2018, 9001:2015, ISO 14001:2015, ISO 45001:2018,
ISO 37001:2016, Tim Pengelolaan STK PGE, Tim ISO 37001: 2016, PGE's SOP Management Team,
Penyusunan Dokumen Kinerja Ekselen (DKE), Tim Preparation Team of Performance Excellence Document
Penyusun Annual Report & Sustainability Report Tahun (DKE), Annual Report & Sustainability Report
2023, Tim Persiapan RUPS Tahun Buku 2023, Tim Anti Compilation Team for 2023, GMS Preparation Team
Fraud Agent Pertamina (Persero), Tim Kegiatan Fraud for the 2023 Financial Year, Pertamina (Persero) Anti
Awareness SH PNRE, Tim Environmental, Social & Fraud Agent Team, SH PNRE Fraud Awareness Team,
Governance (ESG) Management PGE dan Tim Task PGE Environmental, Social & Governance (ESG)
Force Program Kerja Fungsi Internal Audit Tahun 2024. Management Team, and Task Force Team for Internal
Audit Function Work Program for 2024.
Pendampingan Review/Audit/ Assistance for Review/Audit/
Assessment oleh Pihak Eksternal Assessment by External Parties
1. Pendampingan Audit Pemeriksaan atas 1. Assistance in the Preliminary Performance
Kinerja Pendahuluan atas Kegiatan Audit of Asset Management Activities at PT
Manajemen Aset pada PT Pertamina (Persero), Pertamina (Persero), Subholding, Subsidiaries,
Subholding, Anak Perusahaan, dan Instansi and Other Relevant Agencies by the Audit
Terkait Lainnya oleh BPK RI. Board of the Republic of Indonesia (BPK RI).
Telah dilaksanakan pendampingan Audit Assistance in the Preliminary Performance Audit of
Pemeriksaan atas Kinerja Pendahuluan atas Asset Management Activities at PT Pertamina
Kegiatan Manajemen Aset pada PT Pertamina (Persero), Subholding, Subsidiaries, and Other
(Persero), Subholding, Anak Perusahaan, dan Relevant Agencies has been conducted by the
Instansi Terkait Lainnya oleh BPK RI berdasarkan Supreme Audit Agency based on the Assignment
Surat Tugas Anggota BPK RI Nomor 19/ST/IX- Letter of the Supreme Audit Agency No. 19/ST/
XX/02/2024 tanggal 6 Februari 2024. IX-XX/02/2024 dated 6 February 2024.
2. Pendampingan Audit Pemeriksaan atas 2. Assistance in the Performance Audit of
Kinerja Kegiatan Bisnis dalam Mendukung Business Activities in Supporting Sustainable
Pembangunan Energi Berkelanjutan Tahun Energy Development from 2020 to the First
2020 – Semester I 2024 oleh BPK RI Semester of 2024 by the BPK RI.
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07 TATA KELOLA PERUSAHAAN
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Telah dilaksanakan pendampingan atas Audit Assistance in the Performance Audit of Business
Pemeriksaan atas Kinerja Kegiatan Bisnis PT Activities of PT Pertamina (Persero), PT Pertamina
Pertamina (Persero), PT Pertamina Power Indonesia, Power Indonesia, Subsidiaries and Related
Anak Perusahaan dan Instansi Terkait dalam Agencies in Supporting Sustainable Energy
Mendukung Pembangunan Energi Berkelanjutan Development from 2020 to the First Semester of
Tahun 2020 sampai dengan Semester I Tahun 2024 has been conducted. Until the end of 31
2024. Hingga akhir 31 Desember 2024 telah December 2024, discussions have been conducted
dilaksanakan kegiatan diskusi pembahasan atas on the concept of Audit Findings submitted by the
konsep Temuan Pemeriksaan yang disampaikan Supreme Audit Agency.
oleh BPK RI.
3. Pendampingan Audit Kepatuhan Pemenuhan 3. Assistance in the Compliance Audit of
Kewajiban Penyetoran Bagian Pemerintah Fulfilment of the Obligation to Deposit the
Tahun Buku 2021 – 2022 oleh BPKP Government's Share for the 2021 - 2022
Fungsi Audit Executive berkoordinasi dengan Financial Year by the Development Finance
fungsi terkait dalam pelaksanaan Audit Kepatuhan Comptroller (BPKP)
Pemenuhan Kewajiban Penyetoran Bagian The Audit Executive function coordinated with
Pemerintah Pada Tahun Buku 2021 – 2022 yang related functions in the implementation of the
dilaksanakan berdasarkan Surat Tugas Direktur Compliance Audit of Fulfillment of the Obligation
BPKP Nomor PE.04.02/ST-694/D404/2/2024 to Deposit the Government's Share for the 2021 -
tanggal 28 Oktober 2024. 2022 Financial Year which was conducted based
on the BPKP Director's Assignment Letter Number
PE.04.02/ST-694/D404/2/2024 dated
28 October 2024.
4. Pendampingan atas Asesmen Tingkat 4. Assistance in Maturity Level Assessment of
Maturitas Penerapan Manajemen Risiko pada Risk Management Implementation at PGE by
PGE oleh BPKP BPKP
Fungsi Audit Executive berkoordinasi dengan The Audit Executive function coordinated with the
Fungsi Enterprise Risk Management (ERM) atas Enterprise Risk Management (ERM) Function on
pelaksanaan Asesmen Tingkat Maturitas the implementation of the Maturity Level
Penerapan Manajemen Risiko pada PGE oleh Assessment of Risk Management Implementation
BPKP dan telah dilaksanakan kegiatan Exit at PGE by the Development Finance Comptroller
Meeting pada tanggal 30 Oktober 2024. (BPKP) and the Exit Meeting was held on
30 October 2024.
5. Pendampingan Audit Laporan Keuangan 5. Assistance in the Audit of 2024 Financial
Tahun Buku 2024 oleh Kantor Akuntan Publik Statements by a Public Accounting Firm
Fungsi Audit Executive berkoordinasi dengan The Audit Executive function, in coordination with
Fungsi Financial Accounting & Reporting menjadi the Financial Accounting & Reporting Function,
counterpart atas pelaksanaan Audit Laporan became a counterpart in the implementation of the
Keuangan Tahun 2024 oleh Kantor Akuntan Publik 2024 Financial Statement Audit by the Public
(KAP) Purwantono Sungkoro & Surja (Ernst & Accounting Firm (KAP) Purwantono Sungkoro &
Young). Surja (Ernst & Young).
6. Penilaian Sumber Daya Alam Panas Bumi 6. Geothermal Resources Assessment by DJKN
oleh DJKN
Fungsi Audit Executive berkoordinasi dengan Area The Audit Executive function coordinated with
Kamojang atas pelaksanaan pendampingan Kamojang Area on the implementation of
kegiatan atas Penilaian Sumber Daya Alam Panas mentoring activities for Geothermal Resources
Bumi di Wilayah Kerja Panas Bumi Kamojang oleh Assessment in Kamojang Geothermal Concession
Direktorat Jenderal Kekayaan Negara (DJKN) Right Area by the Directorate General of State
sesuai Surat Tugas No. ST-619/KN.5/2024 Assets Management (DJKN) following Assignment
tanggal 8 November 2024. Letter Number ST-619/KN.5/2024 dated
8 November 2024.
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Jasa Konsultasi Consulting Services
Fungsi Audit Executive Perseroan melaksanakan jasa The Company’s Audit Executive Function provides audit
konsultasi audit berupa pemberian pendapat/masukan consulting services by offering opinions/input on issues
atas suatu permasalahan dalam rapat-rapat during discussion meetings involving the Board of
pembahasan yang melibatkan Direksi/Manajemen Directors/Management and/or all related functions
dan/atau seluruh fungsi terkait yang memerlukan jasa that require consulting services with the Audit Executive
konsultasi dengan Fungsi Audit Executive. Jasa Function. In 2024, the Audit Executive provided 83
konsultasi yang diberikan oleh Fungsi Audit Executive consulting services. The figure reflects the demand of
selama tahun 2024 mencapai 83 kegiatan. Jumlah relevant functions that required consulting with the
tersebut merupakan permintaan fungsi terkait yang Audit Executive function.
memerlukan konsultasi Fungsi Audit Executive.
Dalam menjalankan salah satu perannya sebagai In executing one of its roles as Insight Generator, in
Insight Generator, selain terlibat dalam pelaksanaan addition to being involved in consulting as described
konsultasi diatas, Fungsi Executive Audit telah above, the Executive Audit Function has published four
menerbitkan empat laporan konsultasi (insight) selama insight reports throughout 2024 to the Company’s
tahun 2024 kepada manajemen Perusahaan, yaitu: management, namely:
• Laporan Insight Optimalisasi Pengelolaan
Material Non Stock di PGE • Insight Report on the Optimization of Non-Stock
• Laporan Insight Peluang Penyempurnaan Sistem Material Management at PGE
Manajemen Tenaga Alih Daya dan Pelaporan • Insight Report on Enhancement Opportunity of
GCG Dalam Rangka Penerapan Praktik Terbaik Outsourced Workers Management System and
dan Cost Optimization, GCG Reporting to Implement Best Practices and
• Laporan Insight atas Pembahasan Lanjutan Cost Optimization
Ketentuan Pokok Perjanjian Pemegang Saham • Insight Report on Further Discussion of the Main
Proyek Co-Generation antara PGE dengan Provisions of the Co-Generation Project Shareholder
PLN IGeo Agreement between PGE and PLN IGeo
• Laporan Insight Progress Konsultasi Pendampingan
Proyek Strategis di PGE Triwulan IV 2024 • Insight Report on Strategic Project Assistance
Consultation Progress at PGE in the Fourth Quarter
of 2024
Implementasi Manajemen Risiko Implementation of Risk
Management
Kegiatan yang dilaksanakan oleh Audit Executive Activities conducted by the Audit Executive in 2024
pada tahun 2024 terkait pelaksanaan Manajemen regarding the implementation of Risk Management are
Risiko adalah: as follows:
• Finalisasi penyusunan Risk Register Fungsi Audit • Finalized the preparation of the Risk Register for
Executive periode Tahun 2024. the Audit Executive Function for 2024.
• Penyusunan Usulan Risk Register Fungsi Audit • Formulated the Proposal of the Risk Register for the
Executive periode Tahun 2025. Audit Executive Function in 2025.
• Pelaksanaan Monitoring Risk Management Tahun • Monitored the 2024 Risk Management through
2024 pada Fungsi Audit Executive pada setiap the Audit Executive Function on a quarterly basis.
triwulan.
• Keikutsertaan dalam Rapat Komite Manajemen • Participated in the Risk Management Committee
Risiko setiap triwulan. Meeting every quarter.
• Melaksanakan evaluasi untuk memastikan bahwa • Conducted evaluations to ensure that the
kegiatan manajemen risiko perusahaan telah company’s risk management activities have been
berjalan dengan efektif dalam memberikan effectively conducted to provide reasonable
jaminan yang wajar terhadap pencapaian sasaran assurance regarding the achievement of
organisasi, yang dilaksanakan diantaranya organizational objectives, including through the
melalui pelaksanaan penugasan audit berbasis implementation
risiko (risk based audit).
2024 Annual Report PT Pertamina Geothermal Energy Tbk 479
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Sharing Knowledge dan Continuous Sharing Knowledge and Continuous
Improvement Program (CIP) Improvement Program (CIP)
Audit Executive berperan sebagai mitra strategis yang Audit Executive plays a strategic partner role that
mendukung organisasi atau Perseroan dalam mencapai supports the organization or the Company in achieving
tujuannya. Dengan pendekatan yang sistematis dan its objectives. With a systematic and structured
terstruktur, Audit Executive bertugas mengevaluasi approach, Audit Executive is in charge of evaluating
serta meningkatkan efektivitas dalam pengelolaan and enhancing effectiveness in risk management,
risiko, pengendalian, dan tata kelola. control, and governance.
Untuk mewujudkan hal tersebut, Fungsi Audit Executive To achieve it, the Audit Executive Function held a
mengadakan kegiatan sharing knowledge, yang knowledge sharing session under the title “Internal
berjudul ”Internal Audit’s Role : Friends or Foe? From Audit’s Role : Friends or Foe? From Assurance Provider
Assurance Provider to Trusted Advisor – Contemporer to Trusted Advisor – Contemporary Issue in ESG
Issue in Implementation ESG” yang dilaksanakan pada Implementation” that took place on 3 May 2024.
tanggal 3 Mei 2024.
Fungsi Audit Executive juga terlibat aktif dalam Forum The Audit Executive Function was also actively involved
CIP PGE Geovation 2024 melalui FT Prove AFA dengan in the 2024 PGE Geothermal Innovation and
judul “Meningkatkan Awareness terkait Fraud dan Competition (Geovation) Continuous Improvement
Upaya Meminimalisir Terjadinya Fraud Melalui Program (CIP) Forum through FT Prove AFA titled
Pelaksanaan Kegiatan Anti Fraud Agent (AFA) di PGE”. “Raising Awareness of Fraud and Enhancing Efforts to
Minimize Fraud through Anti-Fraud Agent (AFA)
Implementation in PGE.”
Sinergi Kegiatan Dengan Internal Synergy of Activities with Internal
Audit PT Pertamina (Persero) dan Audit of PT Pertamina (Persero) and
PNRE PNRE
Untuk mendorong terciptanya kapabilitas dan kapasitas To foster the organization’s capability and capacity to
organisasi dalam melaksanakan tugas dan tanggung perform its duties and responsibilities, PGE Internal
jawabnya, di tahun 2024 telah dilakukan beberapa Audit collaborated with the Internal Audit of the
sinergi kegiatan antara Internal Audit PGE dengan Holding Company (PT Pertamina Persero) and Internal
Internal Audit Holding (PT Pertamina Persero) dan Audit of PNRE Sub-Holding (PT Pertamina Power
Internal Audit Sub Holding PNRE (PT Pertamina Power Indonesia) on the following activities:
Indonesia) di antaranya:
• Pelaksanaan audit atas Pengelolaan SDM secara • Performing audit on Integrated Management of
Terpadu. Human Capital.
• Pelaksanaan Periodic Quality Assurance Internal • Conducting the 2024 Periodic Quality Assurance
Audit Pertamina Group tahun 2024. of Pertamina Group Internal Audit.
• Penyusunan AAP dan Calendar of Event (COE) • Preparing AAP and Calendar of Events for 2024
tahun 2025 di Subholding PNRE dan Internal for PNRE Subholding and Pertamina Group
Audit Pertamina Group. Internal Audit.
• Pendampingan End Year Audit tahun 2025 di • Assisting PNRE Subholding and Pertamina Group
Subholding PNRE dan Internal Audit Pertamina Internal Audit with End Year Audit of 2025.
Group.
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Fraud Prevention Campaign Fraud Prevention Campaign
Fungsi Audit Executive turut berkolaborasi dengan The Audit Executive Function also collaborated with the
Fungsi Compliance dan Fungsi Kepatuhan Anti Compliance Function and Anti-Bribery Compliance
Penyuapan (FKAP) dalam melaksanakan kegiatan Function (FKAP) in performing the Fraud Prevention
Fraud Prevention Campaign, di antaranya melalui Campaign, including through a fraud prevention &
kegiatan sosialisasi terkait fraud prevention & Whistleblowing System (WBS) dissemination event in
Whistleblowing System (WBS) di beberapa area dan several PGE areas and the head office, the
kantor pusat PGE, pelaksanaan assessment internal implementation of internal assessment on the Anti-
atas Sistem Manajemen Anti Penyuapan (SMAP), Bribery Management System (ABMS), the execution of
pelaksanaan Pertamina Fraud Perception Survey the 2024 Pertamina Fraud Perception Survey,
(PERFECT) tahun 2024, keterlibatan dalam Tim Unit involvement in the Gratuity Control Unit Team,
Pengendalian Gratifikasi, keterlibatan pada involvement in GCG Assessment implementation, and
pelaksanaan Assesment GCG, serta kegiatan-kegiatan participation in other activities.
lainnya.
Pelatihan Audit Executive Audit Executive Training
Untuk meningkatkan kompetensi dan profesionalisme To enhance the competency and professionalism of the
personel Audit Executive, selain standarisasi kompetensi Audit Executive personnel, in addition to standardizing
melalui sertifikasi profesi, personel Audit Executive juga competence through professional certification, the
mengikuti pelatihan, seminar dan upskilling, di Audit Executive personnel also participated in training,
antaranya sebagai berikut: seminar, and upskilling programs as follows:
Waktu Tempat
Jabatan Pelatihan Penyelenggara
Pelaksanaan Pelaksanaan
Position Training Organizer
Date of Training Place of Training
Auditor I Operation & Persiapan Sertifikasi CFE 27 - 31 Mei | May Bandung Pertamina Corporate
Infrastructure CFE Certification Preparation 2024 University (PCU)
Auditor I - Operations
& Infrastructure
Auditor II Finance & Penyusunan Business Continuity Plan (BCP) 4 Juni | June 2024 Online Pertamina Corporate
Business Support berbasis ISO22301:2019 BCMS University (PCU)
Auditor II - Finance & Preparation of Business Continuity Plan (BCP)
Business Support based on ISO 22301:2019 BCMS
Auditor II Finance & Awareness ISO 9001:2015, 14001:2018, 4 Juni | June 2024 Online PGE
Business Support 45001:2018
Auditor II - Finance & ISO 9001:2015, 14001:2018, 45001:2018
Business Support Awareness
Auditor II Finance & Training ISO 37001:2016 SMAP Refreshment 5 Juni | June 2024 Online PGE
Business Support ISO 37001:2016 SMAP Refreshment Training
Auditor II - Finance &
Business Support
Auditor II Finance & Training SMAP ISO 37001 Internal Auditor 27 Juni | June 2024 Online PGE
Business Support SMAP ISO 37001 Internal Auditor Training
Auditor II - Finance &
Business Support
Auditor II Finance & Upskilling Internal Auditor ISO 9001:2015, 10 Juli | July 2024 Online PGE
Business Support 14001:2018, 45001:2018
Auditor II - Finance & Internal Auditor ISO 9001:2015, 14001:2018,
Business Support 45001:2018 Upskilling
Manager IA Certified Internal Auditor (CIA) 22 Juli | July - 1 Bandung Institute of Internal
Operation & Agustus | August 2024 Auditors (IIA) Indonesia
Infrastructure
IA Manager -
Operations &
Infrastructure
2024 Annual Report PT Pertamina Geothermal Energy Tbk 481
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07 TATA KELOLA PERUSAHAAN
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Waktu Tempat
Jabatan Pelatihan Penyelenggara
Pelaksanaan Pelaksanaan
Position Training Organizer
Date of Training Place of Training
Auditor I Operation & Senior Management Development Program 31 Juli | July 2024 Online PCU
Infrastructure (SMDP)
Auditor I - Operations
& Infrastructure
Auditor I Operation & Ongoing Business Risk Management 20 - 21 Agustus | Jakarta PCU
Infrastructure August 2024
Auditor I - Operations
& Infrastructure
Chief Audit Executive, The Asian Confederation of Institutes of 28 - 29 Agustus | Bali Institute of Internal
Manager IA Finance Internal Auditors (ACIIA) Regional Conference August 2024 Auditors (IIA) Indonesia
& Business Support
Chief Audit Executive,
IA Manager -
Finance & Business
Support
Manager IA Finance Internal Control Over Financial 9 - 11 September 2024 Bandung PCU
& Business Support, Report Batch III
Auditor II Finance &
Business Support
IA Manager - Finance
& Business Support,
Auditor II - Finance &
Business Support
Chief Audit Executive Certified Risk Professional (CRP) 18 Oktober | October Jakarta Indonesia Risk & Bussines
2024 Advisory
Auditor II - Finance & Seminar Nasional Internal Audit (SNIA 4 - 5 Desember | Bali YPIA
Business Support, 2024), Event Cultural Transformation: December 2024
Auditor I - Integrating ESG, Cybersecurity, and
Operations & Innovative Risk Management
Infrastructure Internal Audit National Seminar (SNIA 2024),
Cultural Transformation Event: Integrating
ESG, Cybersecurity, and Innovative Risk
Management
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Kebijakan dan Frekuensi Rapat Policy and Frequency of Audit Execu-
Audit Executive tive Meetings
Fungsi Audit Executive melaksanakan rapat dengan The Audit Executive Function holds meetings with the
Direksi, Dewan Komisaris dan/atau Komite Audit Board of Directors, the Board of Commissioners and/or
beberapa kali setiap triwulan, sesuai kebutuhan. the Audit Committee several times every quarter as per
Sepanjang tahun 2024, Audit Executive telah necessity. Throughout 2024, Audit Executive has held
melaksanakan rapat dengan Direksi, Dewan Komisaris 13 meetings with the Board of Directors, the Board of
dan/atau Komite Audit sebanyak 13 kali dengan Commissioners, and/or the Audit Committee as follows:
rincian sebagai berikut:
Tanggal Triwulan Perihal Peserta
No.
Date Quarter Subject Participants
1 19 Maret I I Rapat bersama Direktur Utama CAE dan BoD
March 2024 Meeting with President Director CAE and BoD
2 20 Maret I I Rapat Gabungan Komite Audit CAE dan Komite Audit
March 2024 Joint meeting of the Audit Committee CAE and Audit
Committee
3 15 Mei I II Rapat bersama Direktur Utama CAE dan BoD
May 2024 Meeting with President Director CAE and BoD
4 21 Juni I II Rapat dengan Direktur Utama CAE dan BoD
June 2024 Meeting with President Director CAE and BoD
5 28 Juni I II Rapat bersama Komite Audit CAE dan Komite Audit
June 2024 Meeting with Audit Committee CAE and Audit
Committee
6 24 – 26 I III Management Walkthrough (MWT) bersama Komite Audit CAE dan Komite Audit
July 2024 ke Area Ulubelu CAE and Audit
Management Walkthrough (MWT) with Audit Committee Committee
to Ulubelu Area
7 1 Agustus I III Rapat Gabungan Komisaris dan Komite Audit CAE dan Komite Audit
August 2024 Joint meeting of the Board of Commissioners and Audit CAE and Audit
Committee Committee
8 10 September 2024 III Rapat Gabungan Komite Audit CAE dan Komite Audit
Joint meeting of the Audit Committee CAE and Audit
Committee
9 24 – 27 September 2024 III MWT bersama BoD dan BoC ke Area Kamojang dan Karaha CAE, BoD, dan BoC
MWT with Board of Directors and Board of Commissioners to CAE, BoD, and BoC
Kamojang and Karaha Area
10 4 November 2024 IV Rapat Persiapan Anti-Fraud Prevention CAE dan BoD
Meeting for preparation for Anti-Fraud Prevention CAE and BoD
11 22 November 2024 IV Rapat Gabungan Komite Audit TW IV 2024 CAE, BoC, dan Komite
Joint meeting of the Audit Committee for Q4 of 2024 Audit
CAE, BoC, and Audit
Committee
12 2 Desember I IV Rapat Penyampaian Laporan Hasil Audit CAE dan BoD
December 2024 Meeting of Audit Report Submission CAE and BoD
13 13 Desember I IV Rapat Gabungan Komite Investasi dan Manajemen Risiko CAE, BoD, BoC, dan
December 2024 Joint meeting of Investation Committee and Risk Management Komite Investasi
CAE, BoD, and BoC,
Investation Committee
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07 TATA KELOLA PERUSAHAAN
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Rencana Kerja Tahunan Audit Annual Work Plan for Audit
Executive Executive
Berdasarkan dokumen AAP tahun 2024, rencana kerja Based on the 2024 AAP document, the annual work
tahunan Fungsi Audit Executive terdiri dari tiga plan of the Audit Executive Function consists of three
penugasan dan belum termasuk unscheduled audit dan assignments and does not include unscheduled audits
konsultasi, yaitu: and consulting, namely:
• Audit atas Aktivitas Pengelolaan Drilling • Audit on Drilling Management Activities
• Audit atas Pengelolaan SDM • Audit on Human Capital Management
• Audit atas Aktivitas Penjualan Listrik/Uap • Audit on Electricity/Steam Sales Activities
Temuan dan Tindak Lanjut Hasil Audit Findings and Follow-up
Audit
Fungsi Audit Executive telah melakukan pemantauan The Audit Executive Function has monitored the follow-
atas tindak lanjut temuan audit secara periodik untuk up on audit findings periodically to ensure that the
memastikan realisasi tindak lanjut temuan-temuan audit realization of the follow-up on audit findings has been
telah dilaksanakan dan ditindaklanjuti. Jumlah temuan implemented and followed up. The number of audit
audit yang dimonitor tindak lanjutnya sepanjang tahun findings monitored for follow-up throughout 2024 is as
2024 adalah sebagai berikut: follows:
Keterangan YTD Oktober November YTD November
No.
Description YTD October November YTD November
Outstanding Rekomendasi per Januari 2024
1 56
Outstanding Recommendations as of January 2024
Tambahan Rekomendasi Tahun 2024
2 7 36 43
Additional Recommendations for 2024
Penyelesaian Rekomendasi Tahun 2024
3 53 6 59
Completion of recommendations in 2024
Saldo Akhir Rekomendasi Tahun 2024
4 40
End Balance of Recommendations in 2024
a. Melebihi end date
0
a. Exceeding the end date
b. Belum Melebihi end date
40
b. Not exceeding the end date
Jumlah rekomendasi audit sepanjang periode tahun The number of audit recommendations throughout
2024 adalah 99 rekomendasi. Dari total 2024 is 99 recommendations. Out of the total
99 rekomendasi tersebut, jumlah rekomendasi yang 99 recommendations, the number of recommendations
telah ditindaklanjuti adalah 59 rekomendasi (60%), that have been followed up is 59 recommendations
sehingga rekomendasi outstanding per 31 Desember (60%), resulting in 40 outstanding recommendations as
2024 adalah 40 rekomendasi (36 rekomendasi belum of 31 December 2024 (36 recommendations have not
melebihi end date dan empat rekomendasi dilakukan exceeded the end date and four recommendations
perpanjangan pertama). were granted the first extension).
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AUDITOR EKSTERNAL
EXTERNAL AUDITOR
Perseroan menunjuk Kantor Akuntan Publik (KAP) The Company appointed a Public Accountant Firm
berdasarkan rekomendasi Komite Audit kepada Dewan (KAP) based on the recommendation of the Audit
Komisaris, yang kemudian disetujui oleh Rapat Umum Committee to the Board of Commissioners, which was
Pemegang Saham Tahunan (RUPST) pada 28 Mei then approved during the Annual General Meeting
2024. Laporan keuangan konsolidasian Perseroan of Shareholders (AGMS) on 28 May 2024. The
untuk tahun yang berakhir pada tanggal 31 Desember Company’s consolidated financial statements for the
2024 diaudit oleh KAP Purwantono, Sungkoro & Surja year ended on 31 December 2024 were audited by
(Ernst & Young). KAP Purwantono, Sungkoro & Surja (Ernst & Young).
Selama proses pelaksanaan audit, terdapat komunikasi During the audit process, the External Auditor
dan kerja sama antara Auditor Eksternal dan Perseroan, communicated and cooperated with the Company,
khususnya dengan Fungsi Audit Executive dan Komite especially the Audit Executive Function and the Audit
Audit. Jika diperlukan, Auditor Eksternal akan Committee. If necessary, the External Auditor will
menyampaikan hasil audit kepada Dewan Komisaris report the audit results to the Board of Commissioners
dan Direksi dalam rapat gabungan kedua organ and the Board of Directors in a joint meeting with the
tersebut. two organs.
Akuntan Publik yang telah Mengaudit Laporan Keuangan Tahunan
Perseroan selama 5 Tahun Terakhir
Public Accountants who Have Audited the Company’s Annual Financial Statements for the
Last 5 Years
Akuntan Publik Periode
Signing Partner
Public Accountant Period
KAP Purwantono, Sungkoro & Surja Irwan Haswir 2024
KAP Purwantono, Sungkoro & Surja Irwan Haswir 2023
KAP Purwantono, Sungkoro & Surja Irwan Haswir 2022
KAP Purwantono, Sungkoro & Surja Irwan Haswir 2021
KAP Purwantono, Sungkoro & Surja Widya Arijanti 2020
Penjelasan mengenai biaya akuntan dan jasa lain yang Details regarding accountant fees and other services
diberikan dapat dilihat pada bab Profil Perusahaan provided can be found in the Company Profile chapter
dalam Laporan Tahunan ini. of this Annual Report.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 485
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
SISTEM PENGENDALIAN INTERNAL
INTERNAL CONTROL SYSTEM
Penerapan sistem pengendalian internal bertujuan The internal control system aims to establish a strong
untuk menciptakan dasar yang kokoh dalam kegiatan foundation for operational activities, especially in terms
operasional, khususnya dalam hal pengelolaan aset, of managing assets, identifying and mitigating business
identifikasi dan mitigasi risiko usaha, serta memastikan risks, and ensuring compliance with applicable
kepatuhan terhadap peraturan yang berlaku. regulations. Internal control at PGE covers controlling
Pengendalian internal di PGE meliputi pengelolaan risks in finance, operations, environmental impact, and
risiko finansial, operasional, dampak lingkungan, regulatory compliance. The Company’s internal control
hingga penerapan peraturan. Fungsi pengendalian function is conducted by the Internal Audit.
internal Perseroan dilakukan oleh Internal Audit.
Tujuan penerapan kerangka pengendalian internal The goals of implementing the internal control
adalah: framework are as follows:
1. Menjamin semua kegiatan usaha telah 1. Ensuring that all business activities have been
dilaksanakan sesuai dengan ketentuan dan conducted in accordance with applicable laws
peraturan perundang-undangan yang berlaku, and regulations, including the provisions issued by
baik ketentuan yang dikeluarkan oleh Pemerintah the Government and supervisory authorities, as
maupun otoritas pengawas, serta kebijakan, well as internal policies, provisions, and procedures
ketentuan, dan prosedur internal yang ditetapkan stipulated by the Company.
oleh Perseroan.
2. Menyediakan laporan yang benar, lengkap, dan 2. Providing correct, complete, and timely reports for
tepat waktu dalam rangka pengambilan keputusan the purpose of making relevant and accountable
yang relevan dan dapat dipertanggung jawabkan. decisions.
3. Meningkatkan efektivitas dan efisiensi dalam 3. Enhancing effectiveness and efficiency in using
menggunakan aset dan sumber daya lainnya assets and other resources to protect the Company
dalam rangka melindungi Perseroan dari risiko from the risk of loss.
kerugian.
4. Mengidentifikasi kelemahan dan menilai 4. Identifying weaknesses, assessing deviations early,
penyimpangan secara dini dan menilai kembali and reassessing the soundness of existing policies
kewajaran kebijakan dan prosedur yang ada di and procedures within the Company on an ongoing
dalam Perseroan secara berkesinambungan. basis.
Kebijakan Sistem Pengendalian Internal Control System Policy
Internal
Penerapan Pengendalian Internal Perseroan mengacu The implementation of the Company’s Internal Control
kepada peraturan berikut: refers to the following regulations:
1. Board Manual pada Bab Direksi tentang Sistem 1. Board Manual, Chapter of the Board of Directors
Pengendalian Internal. on Internal Control System.
2. Pedoman Pengelolaan Internal Audit PT PGE Tbk 2. Internal Audit Management Manual of PT PGE Tbk
No. A-039/ PGE000/2020-R0 Tanggal 23 Number A-039/ PGE000/2020-R0 Dated 23
Desember 2020. December 2020.
3. Pedoman Pengelolaan Internal Audit PT Pertamina 3. Internal Audit Management Manual of PT
(Persero) No. A9-001/J00000/2024-S9 Revisi Pertamina (Persero) Number A9-001/
Ke-0 Tanggal 22 Januari 2024. J00000/2024-S9 Revisi 0 Dated 22 January
2024.
4. Pedoman Pengelolaan Pengaduan No. A9-001/ 4. Complaint Management Manual Number A9-
J00000/2022-S9 revisi 0 Pertamina Investigation 001/ J00000/2022-S9 revision 0, Pertamina
Audit, WBS & Fraud Prevention Tanggal 19 Januari Investigation Audit, WBS & Fraud Prevention
2022. Dated 19 January 2022.
5. Piagam Audit Internal (Internal Audit Charter) 5. Internal Audit Charter dated 12 December 2024.
tanggal 12 Desember 2024.
6. Kode Etik Internal Audit. 6. Code of Ethics for Internal Audit.
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Aspek Pengendalian Internal Internal Control Aspects
Beberapa hal yang termasuk dalam aspek atau ruang Those included in the aspects or scope of Internal
lingkup pengendalian internal adalah: Control are as follows:
• Melakukan kajian atau review sistem pengendalian • Conducting a review of the company’s internal
internal perusahaan yang meliputi pemisahan control system, which includes the separation of
fungsi, pemenuhan kualifikasi pekerja yang functions, fulfillment of the qualifications of workers
menduduki fungsi-fungsi tersebut, who occupy these functions, system documentation
pendokumentasian melalui sistem atas seluruh of all records, transactions, and relations between
pencatatan, transaksi dan hubungan antar fungsi, functions, the level of consistency in its application,
dan tingkat konsistensi atas penerapannya serta and the adoption of corrective measures.
pengambilan langkah-langkah perbaikannya.
• Mengevaluasi sistem pengendalian internal yang • Evaluating the applicable internal control system
berlaku di Perseroan dengan praktik-praktik yang in the Company based on Pertamina Group’s
berlaku di Pertamina Group dan yang berlaku applicable and generally accepted practices.
umum.
• Mengevaluasi sistem pelaporan keuangan serta • Evaluating the financial reporting as well as
pelaporan operasi dan proyek yang dilaksanakan operation and project reporting systems
dalam perusahaan dengan mengefektifkan sistem implemented within the Company by streamlining
Teknologi Informasi (TI). the Information Technology (IT) system.
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07 TATA KELOLA PERUSAHAAN
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Kerangka Sistem Pengendalian Internal
Internal Control System Framework
Lingkungan a. Integritas, nilai etika, dan kompetensi pekerja
pengendalian internal b. Filosofi dan gaya manajemen
Internal control environment c. Cara yang ditempuh manajemen dalam melaksanakan
kewenangan dan tanggung jawabnya
d. Pengorganisasian dan pengembangan sumber daya manusia
e. Perhatian dan arahan yang dilakukan oleh Direksi.
a. Integrity, ethical values, and competency of workers
b. Management philosophy and style
c. The manner in which the management exercises its authorities and
responsibilities
d. Human capital organization and development
e. Attention and directives given by the Board of Directors
Pengkajian dan Proses untuk mengidentifikasi, menganalisis, menilai dan mengelola
pengelolaan risiko risiko usaha yang relevan.
usaha
Business risk assessment and Process for identifying, analyzing, assessing, and managing relevant
management business risks.
Aktivitas pengendalian Tindakan-tindakan yang dilakukan dalam suatu proses pengendalian
Control activities terhadap kegiatan Perseroan pada setiap tingkat dan unit dalam
struktur organisasi Perseroan mengenai, kewenangan, otorisasi,
verifikasi, rekonsiliasi, penilaian atas prestasi kerja, pembagian tugas
dan keamanan terhadap aset Perseroan.
Actions taken in a process of controlling the Company’s activities at
every level and unit in the Company’s organizational structure on
authority, authorization, verification, reconciliation, assessment of work
performance, division of tasks, and security of the Company’s assets.
Sistem informasi dan Proses penyajian laporan mengenai kegiatan operasional, finansial,
komunikasi dan ketaatan atas ketentuan.
Information and
communication systems Process of presenting reports on operational activities, finances, and
compliance with regulations.
Monitoring Proses penilaian terhadap kualitas sistem pengendalian internal
termasuk, Fungsi Audit Executive pada setiap tingkat dan unit struktur
organisasi Perseroan, sehingga dapat dilaksanakan secara optimal
dengan ketentuan bahwa penyimpangan yang terjadi dilaporkan
kepada Direksi dan tembusannya disampaikan kepada Dewan
Komisaris untuk diteruskan kepada Komite Audit.
Process of assessing the quality of the internal control system, including
the Audit Executive Function at every level and unit of the Company’s
organizational structure, so that it can be implemented optimally
provided that any deviation is reported to the Board of Directors and a
copy is submitted to the Board of Commissioners to be forwarded to the
Audit Committee.
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Pengendalian Internal atas Kegiatan Internal Control Over Operational
Operasional Activities
Pengendalian operasional Perseroan disusun dengan The Company’s operational control is prepared by
menyesuaikan RKAP dan kinerja tiap lini operasional adjusting to the Company’s Work Plan and Budget
untuk memaksimalkan hasil kegiatan operasional di (RKAP) and the performance of each operational lines
masing-masing bidang Perseroan sesuai dengan Uraian to maximize the result of each operational activities in
Tugas Pokok (UTP) dan Uraian Penilaian Jabatan (UPJ). each area of the Company in accordance with the
Main Task Description (UTP) and the Position Assessment
Description (UPJ).
Dalam prosesnya Fungsi Enterprise Risk Management In the process, the Enterprise Risk Management (ERM)
(ERM) akan menyusun profil risiko operasional Function will develop the Company’s operational risk
Perseroan, baik di setiap unit maupun secara profile, both in each unit and individual level. Then, all
perorangan. Kemudian seluruh laporan mengenai reports related to the operational activities are
kegiatan operasional tersebut akan disampaikan submitted to the Board of Directors in the form of a
kepada Direksi dalam bentuk laporan berkala dan periodic report and are discussed in the agenda of the
dibahas di dalam agenda rapat Direksi, sebagai Board of Directors meeting, as part of the internal
bagian dari sistem pengendalian internal. control systems.
Perseroan menerapkan metodologi Risk-Based Audit The Company implements the Risk-Based Audit (RBA),
(RBA) yang mengatur prinsip-prinsip Audit Executive which regulates the principles of the Audit Executive in
dalam menjalankan aktivitas pengendalian internal performing internal control activities that focus on the
yang berfokus kepada identifikasi, penilaian, mitigasi, identification, assessment, mitigation, and monitoring
dan pemantauan risiko seluruh proses bisnis Perseroan. of risks throughout the Company’s business processes.
RBA memperhatikan seluruh aspek dari pendekatan The RBA considers all aspects of the Audit Executive
Fungsi Audit Executive serta keselarasan dalam Function’s approach as well as its alignment in
mengelola dan menangani risiko yang teridentifikasi. managing and addressing identified risks.
Berikut adalah ilustrasi penerapan metodologi RBA:
The following is an illustration of the application of the RBA methodology:
DEVELOP DEVELOP
MACRO AUDIT DETERMINE ANNUAL
LEVEL UNIVERSE AUDITABLE AUDIT PLAN
Quality Assuarance & Improvement Program
PLAN CONDUCT REPORT FOLLOW UP
AUDIT MONITOR &
PRELIMINARY SURVEY ENTRY MEETING
DEVELOP AUDIT VALIDATE
Preliminary Survey Entry Meeting Report ACTION PLAN
MICRO
LEVEL
DETERMINE FIELDWORK COMMUNICATE
AUDIT FOCUS (TESTING) AUDIT REPORT
DEVELOP ISSUE
AUDIT VALIDATION
PROGRAM
DEVELOP AUDIT
PLANNING
MEMORANDUM EXIT MEETING
ASSIGNMENT LETTER
AUDIT MANAGEMENT SYSTEM
POLICIES AND PROCEDURES
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Pengendalian Internal atas Kegiatan Internal Control over Financial
Keuangan Activities
Pengendalian internal atas pelaporan keuangan atau Internal Control over Financial Reporting (ICoFR) is the
Internal Control over Financial Reporting (ICoFR) process of preparing the Company’s Financial Report
adalah proses penyusunan Laporan Keuangan to minimize report misstatements by using the ICoFR
Perseroan untuk meminimalkan kesalahan penyajian application system called the ICoFR Management
laporan dengan menggunakan sistem aplikasi ICoFR System.
yang disebut dengan ICoFR Management System.
Pengendalian internal atas pelaporan keuangan Internal controls over financial reporting are performed
tersebut dilakukan untuk mendapatkan keyakinan yang to obtain reasonable assurance that the financial
memadai (reasonable assurance) bahwa proses reporting process is supported by effective controls that
penyusunan Laporan Keuangan telah didukung comply with systems and regulations. The
pengendalian yang efektif sesuai dengan sistem dan implementation and reporting of ICoFR used by the
ketentuan. Penerapan dan pelaporan ICoFR yang Company has been set as a KPI for several functions of
digunakan Perseroan telah ditetapkan sebagai KPI the Company.
beberapa fungsi Perseroan.
Dalam menjalankan perannya sebagai third line In performing its role as the third line of defense (three
(pendekatan three lines model) dalam implementasi lines model approach) in implementing the ICoFR
ICoFR di Perseroan, Fungsi Audit Executive bertanggung within the Company, the Audit Executive Function is
jawab melakukan pengujian secara independen dan responsible for conducting independent and thorough
menyeluruh atas efektivitas rancangan dan pelaksanaan testing on the effectiveness of the design and
pengendalian internal pada proses pelaporan implementation of internal controls on the financial
keuangan serta memberikan rekomendasi untuk reporting process as well as providing recommendations
perbaikan proses pengendalian internal atas keandalan for improving the internal control process on the
laporan keuangan. Fungsi Audit Executive melakukan reliability of financial statement. The Audit Executive
pengujian independen atas rancangan dan Function conducts independent testing on the design
pelaksanaan ICoFR dengan menggunakan metodologi and implementation of ICoFR using the RBA
RBA. methodology.
Pelaksanaan pengujian ICoFR Audit meliputi evaluasi The ICoFR Audit includes evaluation of Entity Level
atas pengendalian pada level entitas atau Entity Level Controls (ELC), IT General Controls (ITGC), and
Control (ELC), pengendalian pada level IT General Transactional Level Controls (TLC) in the business cycles
Controls (ITGC), dan pengendalian pada level of Expenditure, Revenue, Fixed Asset, Taxation,
transaksi atau Transactional Level Control (TLC) untuk Treasury, Human Resources & Payroll, Hydro Inventory,
siklus bisnis Expenditure, Revenue, Fixed Asset, Taxation, Non-Hydro Inventory, Financial Closing & Reporting,
Treasury, Human Resources & Payroll, Inventory Hydro, and other significant cycles, in line with the Company’s
Inventory NonHydro, Financial Closing & Reporting, development, which is directly or indirectly affect
dan siklus signifikan lainnya, seiring dengan financial reporting. Thus, the primary focus of the ICoFR
perkembangan perusahaan, yang secara langsung testing is on risk management impacting the reliability
atau tidak langsung mempengaruhi pelaporan of the Company’s Financial Statement.
keuangan. Dengan demikian, fokus utama pengujian
ICoFR adalah pengelolaan risiko yang berdampak
pada keandalan Laporan Keuangan Perseroan.
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PLAN Conduct Report
Identify Identify Assess ELC design and
Entity Level Control operating effectiveness
(ELC) Financial Risks Relevant ELC
Identify Identify Assess ITGC design and
IT General Control operating effectiveness
(ITGC) Financial Risks Relevant ITGC
Determine
Evaluate Key Control
Significan
Design Effectivenesse
Subsidiaries
Determine Evaluate Key Control
Significant Accounts Operating Report ICOFR
and Disclosure Effectivenesse Audit Result
(Laporan Efektivitas
ICOFR)
Transactional Determine Significant Determine Control
Level Business Process and Its Deficienciesl Risksl
Control Key Financial Risksl
Identify Monitor
Existing Control
Key Control Remediation
Determine Evaluate Effectiveness
Significant of Remediated Controls
Location
Kesesuaian Dengan Kerangka Compliance with the Committee of
Committee Of Sponsoring Sponsoring Organizations (COSO)
Organizations (COSO) Framework
Fungsi Audit Executive telah mempertimbangkan The Audit Executive Function has taken into account the
kualitas pengendalian internal atas entitas/kegiatan/ quality of internal control over the entities/activities/
program yang akan diperiksa menggunakan lima programs to be examined using the five components of
komponen Sistem Pengendalian Internal (SPI) yang the Internal Control Systems (SPI) proposed by the
dikemukakan oleh COSO, yaitu lingkungan COSO, namely control environment, risk assessment,
pengendalian, penilaian risiko, aktivitas pengendalian, control activities, communication and information, as
komunikasi dan informasi, serta monitoring dan well as monitoring and identification of potential
identifikasi potensi terjadinya kecurangan. frauds.
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Kepatuhan Terhadap Peraturan Compliance with Laws and
Perundang-undangan Regulations
Untuk memastikan kepatuhan terhadap peraturan To ensure its compliance with laws and regulations,
perundang-undangan, PGE menggunakan Regulatory PGE employs the Regulatory Compliance Systems
Compliance System (RCS) yaitu sistem yang telah (RCS), an integrated and digital-based system to
terintegrasi dan berbasis digital untuk melaksanakan identify and evaluate the organization of regulations
identifikasi dan evaluasi penataan peraturan within the Company.
perundangan di lingkungan Perseroan.
Agar sistem tersebut dapat berjalan dengan baik, PGE To ensure the system operates effectively, PGE has
telah membentuk Tim Pengelola RCS yang bertugas established an RCS Management Team responsible
melakukan identifikasi dan evaluasi penataan peraturan for identifying and evaluating the organization of
perundangan, serta melakukan monitoring dalam regulations, as well as monitoring the implementation
pelaksanaan kepatuhan peraturan di dalam kegiatan of regulatory compliance in operational activities and
operasional dan proses bisnis, sesuai tugas pokok business processes in accordance with their respective
fungsi masing-masing. roles and duties.
Tim Pengelola RCS beranggotakan Pekerja PGE dari The RCS Management Team consists of PGE
berbagai lintas fungsi (cross function), dengan Fungsi Employees from various cross function departments,
Legal & Compliance sebagai koordinator. with the Legal & Compliance function serving as the
coordinator.
Evaluasi Terhadap Efektivitas Sistem Evaluation on the Effectiveness of
Pengendalian Internal Internal Control System
Evaluasi pelaksanaan sistem pengendalian internal The evaluation of the implementation of the internal
diaplikasikan pada beberapa hal, khususnya pengujian control system is applied to several matters, especially
ICoFR di dalam Perseroan. Pengujian dilakukan oleh in testing the ICoFR within the Company. Tests are
Audit Executive secara independen dengan pendekatan conducted by the Audit Executive independently using
three line model untuk menguji efektivitas sistem a three lines model approach to assess the effectiveness
pengendalian Perseroan. of the Company's internal control system.
Pengujian penerapan ICoFR tersebut memberikan The ICoFR implementation test provides reasonable
keyakinan yang memadai bahwa potensi control assurance that potential control control deficiencies
deficiency dan significant deficiency dapat diidentifikasi and significant deficiencies can be identified and
dan diperbaiki melalui peningkatan akurasi Risk Control corrected by improving the accuracy of the Risk Control
Matrix (RCM) dan Business Process Model (BPM). Matrix (RCM) and Business Process Model (BPM).
Selanjutnya, hasil dari penilaian tersebut akan Furthermore, the results of the assessment will be
dilaporkan kepada Direksi untuk kemudian disampaikan reported to the Board of Directors and subsequently
kepada Dewan Komisaris, serta Komite Audit dan submitted to the Board of Commissioners, as well as the
Manajemen Risiko guna ditinjau kembali. Audit and Risk Management Committee for review.
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Model Tiga Lapis IIA The IIA’s Three Lines Model
DEWAN PENGAWAS | GOVERNING BODY
Akuntabilitas kepada para pemangku kepentingan untuk pengawasan organisasi
Accountability to stakeholders for organizational oversight
Peran badan pengawas: integritas, kepemimpinan, dan transparansi
Governing body roles: integrity, leadership, and transparency
PENYEDIA JASA ASURANS EKSTERNAL
EXTERNAL ASSURANCE PROVIDERS
MANAJEMEN | MANAGEMENT
Tindakan (termasuk mengelola risiko) untuk mencapai
AUDIT INTERNAL
tujuan organisasi INTERNAL AUDIT
Actions (including managing risk) to achieve Asurans independen
organizational objectives Independent assurance
Peran lapis pertama: Peran lapis kedua: Peran lapis ketiga:
First line roles: Second line roles: Third line roles:
Penyediaan produk/layanan Keahlian, dukungan,
Asurans dan saran yang
kepada klien; mengelola pemantauan, dan tantangan
dalam hal-hal yang berkaitan independen dan obyektif atas
risiko.
Provision of products/services dengan risiko. semua hal yang terkait dengan
to clients; managing risk. Expertise, support, monitoring pencapaian tujuan.
and challenge on risk-related Independent and objective
matters. assurance and advice on
all matters related to the
achievement of objectives
managing risk.
KATA KUNCI: Akuntabilitas, pelaporan Pendelegasian, arahan, Penyelarasan, koordinasi
KEY: Accountability, reporting sumber daya, pengawasan komunikasi, kolaborasi
Delegation, direction, Alignment, communication
resources, oversight coordination, collaboration
Evaluasi pelaksanaan sistem pengendalian internal The evaluation of the internal control system in
pada kegiatan operasional dilaksanakan melalui operational activities is conducted through the
pelaksanaan audit operasional dan audit dengan implementation of operational audits and audits with
tujuan tertentu. Hal-hal yang menjadi perhatian dalam specific objectives. Matters of concern in audit
aktivitas pelaksanaan audit: implementation activities are as follows:
1. Pelaksanaan test of control sesuai program audit 1. Implementation of a control test in accordance
meliputi: with the audit program includes:
a. Penentuan sampel pengujian, di mana metode a. Determining test samples, in which the method
pemilihan dan pengambilan sampel pengujian of selection and sampling of the test refers to
mengacu kepada ketentuan dalam Pedoman the provisions in the Audit Internal
Pengelolaan Internal Audit. Management Manual.
b. Pengujian atas atribut pengendalian pada b. Testing control attributes on a predetermined
sampel yang telah ditentukan, untuk menilai sample to assess the effectiveness of the
efektivitas rancangan pengendalian. control design.
2. Pelaksanaan substantive test sesuai program audit 2. Substantive test in accordance with the audit
dilakukan untuk mendeteksi terjadinya risiko yang program is conducted to detect the occurrence of
disebabkan oleh kelemahan pengendalian. risk caused by control weaknesses.
3. Penambahan langkah pengujian saat pelaksanaan 3. Additional testing steps during fieldwork may be
audit (fieldwork) dapat dilakukan dengan tujuan implemented to support conclusions regarding the
untuk mendukung kesimpulan atas efektivitas effectiveness of controls.
pengendalian.
Peran Fungsi Audit Executive dalam memberikan nilai The Audit Executive Function’s role in providing added
tambah dan meningkatkan kinerja Perseroan value and improving the Company’s performance
memungkinkan manajemen mengajukan sejumlah enables management to submit a number of special
permintaan khusus berupa jasa konsultasi informal dan requests in the form of informal consulting services and
partisipasi dalam rapat manajemen. Fungsi Audit participation in management meetings. The Audit
Executive juga dapat memberikan saran yang sifatnya Executive may also provide incidental advice or
insidental atau pertukaran informasi rutin lainnya. engage in other routine exchange of information.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 493
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Jasa konsultasi informal ini dapat dilakukan dengan This informal consulting service can be conducted by
memperhatikan independensi dan objektivitas Auditor taking into account the independence and the
internal, ketersediaan sumber daya, dan tidak objectivity of the internal Auditor and the availability of
mengganggu pelaksanaan jasa audit. Pelaksanaan resources, while also ensuring no interference with the
jasa konsultasi dengan tujuan memberikan penilaian implementation of audit services. The implementation
atas efektivitas pengendalian atau pengelolaan risiko of consulting services with the aim of providing an
dilakukan dengan mengacu pada standar pelaksanaan assessment of the effectiveness of control or risk
audit dengan metodologi RBA. management is conducted with reference to the
standard audit implementation using the RBA
methodology.
Hasil Tinjauan Atas Efektivitas Review Results on Effectiveness of
Sistem Pengendalian Internal Tahun the Internal Control System for the
Buku 2024 2024 Fiscal Year
Evaluasi Sistem Pengendalian Internal atas pelaporan The evaluation of Internal Control System over the
keuangan Perseroan pada Tahun 2024 telah Company’s financial reporting in 2024 has been
dilaksanakan melalui pelaksanaan pengujian conducted through testing the adequacy of the design
kecukupan rancangan aktivitas pengendalian Internal of ICoFR activities, the certification process or the
ICoFR, proses sertifikasi atau pelaksanaan Control Self implementation of Control Self-Assessment (CSA)
Assessment (CSA) yang melibatkan Fungsi terkait/ involving the relevant Functions/Control Owners (as
Control Owner (sebagai first line role) dan Fungsi the first line of defense) and Enterprise Risk
Enterprise Risk Management/Control Group (sebagai Management/Control Group Function (as the second
second line role), yaitu terhadap Transaction Level line of defense), especially focusing on Transaction
Control (TLC) pada Siklus Fixed Asset (FXA), siklus Level Control (TLC) in the Fixed Asset (FXA) Cycle, the
Revenue (REV), siklus Human Resources and Payroll Revenue (REV) Cycle, the Human Resources and Payroll
(HRP), dan siklus Financial Closing and Reporting (HRP) Cycle, and the Financial Closing and Reporting
(FCR). (FCR) Cycle.
Dalam menjalankan perannya sebagai third line role In performing its role as the third line of defense in the
dalam implementasi ICoFR, Fungsi Audit Executive implementation of ICoFR, the Audit Executive Function
melakukan pengujian secara independen dan conducts an independent and thorough testing on the
menyeluruh atas efektivitas rancangan dan pelaksanaan effectiveness of the design and implementation of
pengendalian intern pada proses pelaporan keuangan internal control on the financial reporting process and
serta memberikan rekomendasi untuk perbaikan proses provide recommendations for improving the internal
pengendalian internal atas keandalan Laporan control process for the reliability of Financial Statements
Keuangan dengan menggunakan metodologi RBA. using the RBA methodology.
Pada Tahun 2024 pengujian atas efektivitas rancangan In 2024, testing of the effectiveness of the design and
dan pelaksanaan pengendalian internal tidak dapat implementation of internal control could not be
dilaksanakan mempertimbangkan Perseroan masih conducted, as the Company was still in the process of
dalam tahapan proses pemutakhiran Business Process updating its Business Process Model (BPM) & Risk
Model (BPM) & Risk Control Matrix (RCM) yang Control Matrix (RCM) which received an assistance
pelaksanaannya melibatkan pendampingan oleh from an External ICoFR Consultant. In this regard, the
Konsultan Eksternal ICoFR. Terkait hal tersebut Fungsi Audit Executive Function also actively participated in
Audit Executive ikut terlibat dalam kegiatan the BPM & RCM update activities by coordinating and
pemutakhiran BPM & RCM melalui pelaksanaan engaging in discussions with the external consultant.
koordinasi dan diskusi pembahasan dengan konsultan
eksternal.
KAP Purwantono, Sungkoro & Surja sebagai auditor The Public Accounting Firm (KAP) Purwantono,
independen juga mempertimbangkan pengendalian Sungkoro & Surja. as the independent auditor, also
internal perusahaan ketika menyatakan opini atas took into account the Company’s internal control when
laporan keuangan konsolidasian Perusahaan. rendering their opinion on the Company’s consolidated
financial statement.
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Pernyataan Direksi dan/atau Dewan Statement of the Board of Directors
Komisaris Atas Kecukupan Sistem and/or the Board of Commissioners
Pengendalian Internal on Adequacy of Internal Control
System
Dewan Komisaris dan Direksi menyatakan bahwa The Board of Commissioners and the Board of Directors
sistem pengendalian internal Perseroan selama tahun declared that the Company’s internal control system
2024 telah memadai dilihat dari: operasional yang throughout 2024 has been adequate, as evidenced by
berjalan secara efektif dan efisien, Laporan Keuangan effective and efficient operations, accurate and reliable
yang akurat dan dapat diandalkan, serta kepatuhan Financial Statements, and compliance with applicable
terhadap undang-undang dan peraturan yang berlaku. laws and regulations.
Direktur Utama dan Direktur Keuangan Perseroan The President Director and Finance Director of the
mewakili Direksi memberikan pernyataan bahwa Company on behalf of the Board of Directors declared
Direksi bertanggung jawab atas sistem pengendalian that the Board of Directors are responsible for the
internal Perseroan dan entitas anak yang dituangkan internal control system of the Company and its
dalam Surat Pernyataan Direksi Tentang Tanggung subsidiaries as stated in the Statement of the Board of
Jawab atas Laporan Keuangan Konsolidasian setiap Directors on the Responsibility for the Consolidated
tahunnya. Financial Statements each year.
Untuk memberikan keyakinan kecukupan Sistem To provide assurance on the adequacy of the Internal
Pengendalian Internal atas kegiatan operasional Control System over the Company’s operational
Perseroan, pada 2024 Fungsi Audit Executive telah activities, in 2024, the Audit Executive Function has
melaksanakan audit operasional dan audit dengan conducted operational audits and audits with specific
tujuan tertentu yang hasilnya dilaporkan kepada objectives and the results are reported to the President
Direktur Utama melalui penyampaian Laporan Hasil Director through the periodic submission of the Audit
Audit (LHA) secara berkala yang memberikan Results Reports (LHA), which provided general
kesimpulan secara umum atas aktivitas pengendalian conclusions on control activities evaluated to provide
yang dievaluasi untuk memberikan keyakinan yang reasonable assurance that risks have been properly
wajar (reasonable assurance) bahwa risiko telah managed and business process objectives can be
dikelola dengan baik dan tujuan proses bisnis dapat achieved.
dicapai.
Pada 2024 Fungsi Audit Executive telah melaksanakan In 2024, the Audit Executive Function has conducted
empat penugasan, yaitu tiga penugasan audit yang four assignments, namely three audit assignments
direncanakan di AAP Tahun 2023 (Audit atas Aktivitas planned in the 2023 APP (Audit on Drilling Management
Pengelolaan Drilling, Audit atas Pengelolaan SDM, Activities, Audit on Human Resources Management,
Audit atas Aktivitas Penjualan Listrik/Uap), dan satu Audit on Electricity/Steam Sales Activities) and one
penugasan Non AAP (Evaluasi Internal atas Biaya non-APP assignment (Internal Evaluation of Business
Perjalanan Dinas). Travel Expenses).
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
SISTEM MANAJEMEN RISIKO
RISK MANAGEMENT SYSTEM
Pengembangan sistem manajemen risiko atau Enterprise The development of risk management system or
Risk Management (ERM) di PGE mengacu pada Enterprise Risk Management (ERM) at PGE refers to a
sejumlah regulasi dan peraturan perundang-undangan number of applicable laws and regulations, as well as
yang berlaku, serta kebijakan dan Sistem Tata Kelola the Company’s policies and Governance System as
Perusahaan yaitu: follows:
1. Peraturan Menteri BUMN No. PER-2/ 1. Regulation of the Minister of SOEs No. PER-2/
MBU/03/2023 tentang Pedoman Tata Kelola MBU/03/2023 on Manual for Governance and
dan Kegiatan Korporasi Signifikan Badan Usaha Significant Corporate Activities of State-Owned
Milik Negara. Enterprises.
2. Traktat dan Komitmen Manajemen Risiko, yang 2. The Risk Management Treaty and Commitment
memuat komitmen penerapan Manajemen Risiko which contains commitments to implement Risk
dalam setiap kegiatan proses bisnis, proyek, dan Management in every business process, project,
manajemen perubahan untuk mencapai visi and change management action to achieve the
Perusahaan dan mencegah kerugian operasional Company’s vision and prevent the Company’s
Perusahaan, yang diperbaharui dan disahkan operational losses, was updated and ratified in
pada Juli 2024. July 2024.
3. Komitmen Manajemen Kelangsungan Bisnis, yang 3. Business Continuity Management Commitment
memuat komitmen untuk menjaga kontinuitas which contains commitment to maintain continuity
pasokan uap dan listrik kepada pelanggan dalam of steam and electricity supply to customers in the
menghadapi kejadian disruptif sesuai dengan face of disruptive events in accordance with
kontrak dan peraturan yang berlaku, yang applicable contracts and regulations, was updated
diperbarui dan disahkan pada Juli 2024. and ratified in July 2024.
4. Pedoman Pengelolaan Risiko Perusahaan 4. Enterprise Risk Management Manual No.A-001/
(Enterprise Risk Management) No.A-001/ PGE310/2023-S9 Revision 00 dated 24 August
PGE310/2023-S9 Revisi 00 tanggal 24 Agustus 2023.
2023.
5. Pengelolaan Manajemen Kelangsungan Bisnis 5. Business Continuity Management outlined in the
tertuang dalam Pedoman Geothermal Integrated Geothermal Integrated Management System
Management System (GIMS), yang diperbarui (GIMS) Manual, updated and ratified in June
dan disahkan pada Juni 2024. 2024.
6. Tata Kelola Organisasi (TKO) manajemen risiko 6. Organizational Governance (TKO) of risk
yang terdiri dari: management consists of:
a. TKO Pengelolaan Risiko No. B-002/ a. TKO for Risk Management No. B-002/
PGE313/2024-S9 Rev 0 PGE313/2024-S9 Revision 0
b. TKO Penyusunan dan Perbaikan Berkelanjutan b. TKO for Formulation and Continuous
Dokumen Sistem Manajemen Kelangsungan Improvement of Business Continuity
Bisnis (SMKB) No. B-001/PGE313/2023-S9 Management System (SMKB) Document No.
Rev 0 B-001/PGE313/2023-S9 Revision 0
7. Tata Kerja Individu (TKI) Manajemen Risiko yang 7. Individual Work Procedures (TKI) of Risk
terdiri dari: Management consists of:
a. TKI Perhitungan Batas Toleransi Risiko dan a. TKI for Calculation of Risk Tolerance Limit and
Loss Event No. C-001/PGE313/2024-S9 Loss Event No. C-001/PGE313/2024-S9
Rev 0 Revision 0
b. TKI Penyusunan Laporan Profil Risiko No. b. TKI for Preparation of Risk Profile Report No.
C-002/PGE313/2024-S9 Rev 0 C-002/PGE313/2024-S9 Revision 0
c. TKI Pemantauan dan Pelaporan Risiko No. c. TKI for Risk Monitoring and Reporting No.
C-003/PGE313/2024-S9 Rev 0 C-003/PGE313/2024-S9 Revision 0
d. TKI Penilaian dan Penanganan Risiko (Risk d. TKI for Risk Assessment and Handling No.
Assessment) No. C-004/PGE313/2024-S9 C-004/PGE313/2024-S9 Revision 0
Rev 0
e. TKI Perhitungan Dampak Risiko Kuantitatif No e. TKI for Quantitative Risk Impact Calculation
C-005/PGE313/2024-S9 Rev 0 No C-005/PGE313/2024-S9 Revision 0
f. TKI Pengisian Kertas Kerja Dokumen Sistem f. TKI for Filling in the Working Paper of Business
Manajemen Kelangsungan Bisnis (SMKB) No. Continuity Management System (SMKB)
C‑001/PGE313/2023-S9 Rev 0 Document No. C‑001/PGE313/2023-S9
Revision 0
496 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Pengelolaan Manajemen Risiko Risk Management Implementation
PGE menerapkan Manajemen Risiko secara terintegrasi PGE applied integrated Risk Management in every
di dalam setiap proses kegiatan terutama operasi dan activity process, ultimately operations and investments,
investasi, yang bertujuan untuk melindungi dan which aims to protect and create value, which includes
menciptakan nilai, yang meliputi Kebijakan Manajemen Risk Management Policy, Implementation of Risk
Risiko, Penerapan Kebijakan Manajemen Risiko, dan Management Policy, and Risk Management Reporting.
Pelaporan Manajemen Risiko.
Untuk membantu Perseroan dalam mengidentifikasi PGE implements the Three Lines Model system to assist
struktur dan proses yang terbaik dalam mencapai the Company in identifying the best structure and
tujuan dan memfasilitasi Tata Kelola dan Manajemen process in achieving its objectives and facilitating
Risiko yang kuat, PGE menerapkan sistem Model Tiga strong Governance and Risk Management, as follows:
Lini (Three Lines Model) sebagai berikut:
Prinsip Three Lines Model
The Principle of the Three Lines Model
Konteks Organisasi | Organizational Context
Visi dan Misi RJPP RKAP KPI Sasaran Kerja
Company’s Long-Term Company’s Work Plan Key Performance
Vision and Mission Indicator Work Objectives
Plan and Budget
3rd Line 2nd Line 1st Line
Feedback Monitoring & Review Risk Based Audit
RISK ASSESSMENT
Risk Owner
BOD - BOC Fungsi/Area/ Proyek
Function/Area/Project
Update Risk Register & Mitigation Plan
Audit Internal | Internal Audit
RISK TREATMENT
Laporan Profil
Review dan Evaluasi dalam Rapat Resiko Korporasi 1. Risiko Negatif | Negative Risk:
Komite Manajemen Risiko (RKMR) Avoid, Reduce/Mitigate, Share, Retain.
PGE (3 bulanan) 2. Risiko Positif | : Positive Risk Exploit,
Review and Evaluation in Risk PGE Corporate Enhance, Share Monitor.
Management Committee Meeting Risk Profile
(RKMR) Report
(Quarterly) MONITORING & REVIEW
1. Weekly Monitoring (War Room)
IRMS
Fasilitator Risk 2. Monitoring Top Risk Korporasi Bulanan
Assesment Monthly Corporate Top Risk Monitoring
Konsultasi Risk Assessment 3. Monitoring Risiko Fungsi, Area, Proyek Triwulanan
Quarterly Function, Area, Project Risk Monitoring
Consultation Facilitator
Enterprise Risk Management &
Fungsi Terkait Communication &
Enterprise Risk Management & Consultation RECORDING & REPORTING
Related Functions
1. Laporan Monitoring Top Risk Bulanan &
Evaluasi Efektivitas Triwulanan
Mitigasi Risiko Monthly & Quarterly Top Risk Monitoring
(mid & end) Report
2. Utilisasi Integrated Risk
Evaluation of the
Effectiveness of Risk Integrated Risk Utilization
Mitigation
(mid & end)
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Dalam pendekatan Model Tiga Lini (Three Lines In the Three Lines Model approach, all lines of defense
Model), semua lini bekerja sama secara kolektif dan work together collectively and in harmony with each
selaras satu sama lain untuk berkontribusi dalam other to contribute to creating and maintaining value.
menciptakan dan menjaga nilai. Keselarasan aktivitas Alignment of activities is achieved through
dicapai melalui komunikasi dan kolaborasi. communication and collaboration.
Hal ini meyakinkan keandalan, keterkaitan, dan This ensures information reliability, linkage, and
transparansi informasi yang diperlukan untuk transparency required for risk-based decision-making.
pengambilan keputusan berbasis risiko. Fungsi dan The functions and roles of each line in the Three Lines
peran masing-masing lini dalam Three Lines Model Model are as follows:
adalah sebagai berikut:
a. Lini pertama sebagai unit Pemilik Risiko merupakan a. The first line as the Risk Owner unit is the unit that
unit yang langsung mengidentifikasi dan mengelola directly identifies and manages risks in business
risiko dalam proses bisnis. processes.
b. Lini kedua sebagai Fungsi Manajemen Risiko dan b. The second line as an independent Risk
kepatuhan independen merupakan unit yang Management and compliance function is the unit
mengukur, memantau dan memperlakukan risiko that measures, monitors and treats risks in
secara agregat, mengembangkan metodologi dan aggregate, develops methodologies and
Kebijakan Manajemen Risiko Perusahaan. Corporate Risk Management Policies.
c. Lini ketiga sebagai fungsi Internal Audit merupakan c. The third line as the Internal Audit function is the
unit yang memastikan dan menguji tata kelola dan unit that ensures and tests governance and risk
pengendalian risiko diterapkan secara efektif oleh controls are effectively implemented by the
Perusahaan, serta melaporkan temuannya kepada Company, and reports its findings to management
manajemen untuk mendorong dan memfasilitasi to encourage and facilitate continuous
pengembangan berkelanjutan. development
Proses Manajemen Risiko
Risk Management Process
Ruang Lingkup, Konteks, Kriteria
Scope, Context, Criteria
Penilaian Risiko
Risk Assessment
Identifikasi Risiko
Risk Identification
Komunikasi & Konsultasi Analisis Risiko Pemantauan &
Communication Risk Analysis Kaji Ulang
& Consultation Monitoring & Review
Evaluasi Risiko
Risk Evaluation
Risk Treatment
Perlakuan Risiko
Pencatatan & Pelaporan
Recording & Reporting
498 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Manajemen risiko Perseroan mengacu pada ISO The Company's risk management refers to ISO
31000:2018 yang terdiri dari tiga pilar utama, yaitu 31000:2018 which consists of three main pillars,
Prinsip Manajemen Risiko, Kerangka Manajemen known as Risk Management Principles, Risk
Risiko, dan Proses Manajemen Risiko. Ketiga pilar Management Framework, and Risk Management
tersebut kemudian diintegrasikan sesuai dengan kondisi Process. The three pillars are then integrated in
lingkungan, proses bisnis, dan karakter bisnis accordance with environmental conditions, business
Perusahaan. processes, and the character of the Company's
business.
Sistem ERM diterapkan sebagai bagian dari sistem The ERM system is applied as part of the Company's
manajemen Perusahaan yang dilaksanakan secara management system that is implemented systematically
sistematis dan mendorong terciptanya budaya sadar and encourages the creation of a risk-aware culture in
risiko di lingkungan kerja. Untuk memastikan the work environment. The Company periodically
efektivitasnya, Perseroan secara berkala melaksanakan reviews the implementation of the risk management
review terhadap pelaksanaan sistem manajemen risiko system to ensure its effectiveness.
tersebut.
PGE juga mengungkapkan secara transparan risiko- PGE also transparently discloses risks that significantly
risiko yang secara signifikan mempengaruhi kegiatan affect business activities as part of its efforts to provide
usaha sebagai bagian dari upaya untuk memberikan information that can be used as a basis for consideration
informasi yang dapat digunakan sebagai dasar in decision-making by parties who will conduct business
pertimbangan dalam pengambilan keputusan oleh relations and cooperation with PGE.
pihak-pihak yang akan melakukan hubungan bisnis dan
kerja sama dengan PGE.
Proses manajemen risiko yang diterapkan PGE meliputi: Risk management process PGE has applied covers:
1. Ruang Lingkup, Konteks dan Kriteria 1. Scopes, Contexts, and Criteria
Perusahaan melakukan penentuan lingkup The Company sets the scope of risk management
pengelolaan risiko dengan memperhatikan faktor by taking into account internal and external
internal dan eksternal. factors.
2. Penilaian Risiko 2. Risk Assessment.
Penilaian risiko merupakan keseluruhan proses Risk assessment is the entire process or activity that
atau aktivitas yang meliputi: includes:
a. Identifikasi Risiko a. Risk Identification
Perusahaan mengidentifikasi risiko untuk The Company identifies risks to find out, recognize,
menemukan, mengenali dan mendeskripsikan and describe risks that may prevent the Company
risiko yang mungkin dapat menghalangi from achieving its objectives and assess potential
Perusahaan dalam mencapai sasaran dan risks, including through regular risk assessments
menilai potensi risiko, termasuk melalui and scenario analysis.
penilaian risiko reguler dan analisis skenario.
b. Analisis Risiko b. Risk Analysis
Perusahaan menganalisis risiko untuk The Company analyzes risks to determine the
menentukan besaran kemungkinan terjadinya magnitude of the possibility of risk occurring and
risiko dan besaran dampak risiko, dengan the magnitude of the risk impact, by considering
memperhatikan sumber dan penyebab risiko the sources and causes of risk as well as existing
serta pengendalian risiko yang sudah ada risk controls and their effectiveness.
saat ini serta efektivitasnya.
c. Evaluasi Risiko c. Risk Evaluation
Perusahaan mengevaluasi risiko untuk The Company evaluates risks to compare the
membandingkan hasil analisis risiko dengan results of the risk analysis with the established risk
kriteria risiko yang sudah ditetapkan untuk criteria to determine what actions need to be
menentukan tindakan yang perlu dilakukan. taken.
3. Penanganan Risiko 3. Risk Management
Perusahaan melakukan penanganan risiko The Company conducts risk management in
disesuaikan dengan strategi bisnis Perusahaan accordance with the Company’s business strategy
dengan mempertimbangkan risk appetite, status by considering risk appetite, risk status, cost of risk
risiko, biaya penanganan risiko (cost of risk) dan and the most optimal benefits for the Company
manfaat yang paling optimal bagi Perusahaan.
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07 TATA KELOLA PERUSAHAAN
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4. Komunikasi dan Konsultasi 4. Communication and Consultation
Perusahaan melakukan komunikasi dan konsultasi The Company communicates and consults with
dengan pemangku kepentingan untuk saling stakeholders to exchange information related to
bertukar informasi terkait penanganan risiko. risk management.
5. Pemantauan dan Kaji Ulang 5. Monitoring and Review
Perusahaan melaksanakan pemantauan The Company conducts continuous monitoring by
berkelanjutan oleh para pemilik risiko (risk owner) risk owners and related functions to find out and
dan fungsi terkait untuk mengetahui dan determine the actual performance status of the
menentukan status kinerja aktual proses ERM ERM process compared to the plans or expectations
dibandingkan dengan rencana atau harapan yang that have been made.
telah dibuat.
6. Pencatatan dan Pelaporan 6. Recording and Reporting
Proses ERM dan hasilnya didokumentasikan dan The ERM process and its results are documented
dilaporkan melalui mekanisme yang sesuai kepada and reported through appropriate mechanisms to
pemangku kepentingan terkait, seperti kepada relevant stakeholders, such as the Board of
Direksi dan pemegang sahamnya. Directors and shareholders.
Roadmap Pengembangan Roadmap for Risk Management
Manajemen Risiko Development
PGE telah menetapkan rencana kerja manajemen risiko PGE has established short-term and long-term risk
jangka pendek dan jangka panjang yang dituangkan management work plans outlined in the risk
dalam roadmap pengembangan manajemen risiko, management development roadmap, which serves as a
yang digunakan sebagai acuan bagi Perseroan dalam reference for the Company in developing a risk culture
pengembangan budaya risiko untuk dapat mencapai to achieve the Cultured maturity level.
tingkat maturitas Cultured.
Terdapat lima level maturitas yang dimiliki oleh There are five maturity levels owned by the Company,
Perusahaan, yaitu Initial, Basic, Developed, Managed, namely Initial, Basic, Developed, Managed, and
dan Cultured dengan beberapa parameter pengelolaan Cultured with several risk management parameters that
risiko yang harus dicapai sebagai indikator dalam must be achieved as indicators at each level.
setiap levelnya.
2008 2010
INITIAL BASIC
1. Belum ada pendekatan formal dalam 1. Sudah ada pendekatan formal dalam
pengelolaan risiko pengelolaan risiko, tetapi belum lengkap
2. Belum tersedia piranti pengelolaan risiko 2. Sudah mulai tersedia piranti pengelolaan risiko,
3. Bersifat intuitif dan silo seperti peta risiko, kriteria risiko, template Risk
Register
3. Bersifat normatif dan silo
1. No formal approach to risk 4. Proses pengelolaan risiko berjalan secara
management insidental
2. No risk management tools available 1. There is a formal approach to risk management,
3. Intuitive and silo-based but it is not yet complete
2. Risk management tools are starting to be
available, such as risk maps, risk criteria, and
Risk Register templates
3. Normative and silo-based
4. The risk management process is conducted
incidentally
500 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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2013 2018 2022 2026
DEVELOPED MANAGED CULTURED
1. Sudah ada pendekatan formal 1. Pendekatan formal dalam 1. Pengelolaan risiko sudah
dalam pengelolaan risiko dan pengelolaan risiko direviu menjadi perangkat strategis
direviu berkala berkala dan menjadi bagian dari dalam menciptakan dan
2. Perusahaan sudah memiliki pengambilan keputusan strategis melindungi nilai
strategi dan kebijakan 2. Perumusan strategi dan 2. Strategi dan kebijakan
pengelolaan risiko kebijakan pengelolaan risiko pengelolaan risiko selaras
3. Bersifat preventif dan selaras dengan rencana jangka dengan konteks internal dan
terkoordinasi panjang pengembangan eksternal Perusahaan
4. Proses pengelolaan risiko yang pengelolaan risiko 3. Bersifat generatif dan
didukung oleh kepemimpinan 3. Bersifat proaktif dan terintegrasi kolaboratif
dan komitmen telah menjadi 4. Proses pengelolaan risiko yang 4. Proses pengelolaan risiko yang
suatu proses berkelanjutan didukung oleh kepemimpinan didukung oleh kepemimpinan
5. Komunikasi dan Konsultasi dan komitmen telah menjadi dan komitmen telah menjadi
mulai dijalankan berkelanjutan dan terintegrasi berkelanjutan dan terintegrasi
dengan sistem manajemen lain dengan sistem manajemen lain
5. Komunikasi dan konsultasi 5. Komunikasi dan konsultasi
1. Formal approach to risk dijalankan secara periodik berjalan secara berkelanjutan
management is reviewed Pendekatan formal dalam antar pemangku kepentingan
periodically and becomes part pengelolaan risiko direviu 6. Pengelolaan risiko mampu
of strategic decision making berkala dan menjadi bagian dari memberikan early warning bagi
2. Formulation of risk pengambilan keputusan strategis pengambil keputusan
management strategies and
policies is aligned with
long-term risk management 1. Formal approach to risk 1. Risk management has become
development plans management is reviewed a strategic tool in creating and
3. Proactive and integrated periodically and becomes part of protecting value
4. Risk management processes strategic decision making 2. Risk management strategies
supported by leadership and 2. Formulation of risk management and policies are aligned with
commitment have become strategies and policies is aligned the Company’s internal and
sustainable and integrated with with long-term risk management external context
other management systems development plans 3. Generative and collaborative
5. Communication and 3. Proactive and integrated 4. Risk management processes
consultation are conducted 4. Risk management processes supported by leadership and
periodically and have become supported by leadership and commitment have become
a necessity commitment have become sustainable and integrated with
sustainable and integrated with other management systems
other management systems 5. Communication and
5. Communication and consultation consultation are ongoing
are conducted periodically and between stakeholders
have become a necessity 6. Risk management is able to
provide early warning for
decision makers
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Profil Risiko dan Pengelolaannya Risk Profile and Management
Perseroan telah menetapkan risiko-risiko utama The Company has identified the Company's key risks
Perseroan dan proses mitigasinya sebagai berikut: and their mitigation processes as follows:
Profil Risiko dan Pengelolaannya
Risk Profile and Management
Risiko Kategori Risiko Tindakan
No
Risk Risk Category Measures
1 Impairment Aset Manajemen a. Penyelesaian kegiatan eksplorasi untuk kepastian pengembangan proyek.
Proyek dan Area Keuangan b. Penyusunan kajian pengembangan proyek.
PGE c. Optimalisasi manajemen reservoir, salah satunya melalui simulasi reservoir.
d. Perbaikan dan optimalisasi surface facilities.
Impairment of PGE Financial e. Penyusunan kajian (Accounting Position Paper) terkait impairment.
Project and Area Management
Assets a. Completion of exploration activities for project development certainty.
b. Preparation of project development studies.
c. Optimization of reservoir management, one of which is through reservoir simulation.
d. Repair and optimization of surface facilities.
e. Preparation of studies (Accounting Position Paper) related to impairment.
2 Tidak Tercapainya Operasional a. Melakukan evaluasi pada sumur dan fasilitas produksi untuk optimalisasi kapasitas
Supply Uap Bisnis supply uap.
Eksisting b. Melakukan Recovery Program : Geohazard, Reliability, dan Subsurface.
c. Melakukan studi TFT dan manajemen reinjeksi.
Unattainable Operational d. Pengeboran sumur make up dan workover sumur.
Supply of Existing e. Well integrity test.
Business Steam f. Evaluasi dan re-uji performa individual sumur dengan memonitor dinamika/
perubahan TKS.
Hasil: Realisasi produksi geotermal total PGE tahun 2024 sebesar 4.827.22 GWh dari
target 4.611.82 GWh (104.67%).
Conducting evaluations on wells and production facilities to optimize steam supply
capacity.
g. Conducting Recovery Programs: Geohazard, Reliability, and Subsurface.
h. Conducting TFT studies and reinjection management.
i. Drilling make-up wells and well workovers.
j. Well integrity test.
k. Evaluating and re-testing individual well performance by monitoring TKS dynamics/
changes.
Results: PGE's total geothermal production realization in 2024 was 4,827.22 GWh from
a target of 4,611.82 GWh (104.67%).
3 Menurunnya Value Lingkungan Bisnis a. Melakukan Investor Meeting dan Investor Engagement.
PGE Sebagai b. Pemenuhan kewajiban pelaporan sebagai perusahaan terbuka.
Emiten di Pasar c. Monitoring dan analisis harga saham di pasar modal.
Modal Pasca IPO d. Monitoring rutin terkait proyek untuk memastikan pencapaian tambahan kapasitas
terpasang berjalan seperti yang dituangkan dalam prospektus.
PGE's Declining Business Environment e. Meningkatkan pemberitaan positif melalui press release rutin, media briefing dan
Value as an Issuer komunikasi dengan analis maupun Key Opinion Leader.
in the Capital f. Monitoring dan analisis kondisi makro ekonomi yang dapat berdampak pada
Market Post-IPO bisnis perusahaan.
a. Conducting Investor Meetings and Investor Engagement.
b. Fulfillment of reporting obligations as a public company.
c. Monitoring and analyzing stock prices in the capital market.
d. Routine monitoring of projects to ensure that the achievement of additional installed
capacity is running as stated in the prospectus.
e. Increasing positive news through routine press releases, media briefings and
communication with analysts and Key Opinion Leaders.
f. Monitoring and analyzing macroeconomic conditions that can impact the
company's business.
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Profil Risiko dan Pengelolaannya
Risk Profile and Management
Risiko Kategori Risiko Tindakan
No
Risk Risk Category Measures
4 Unschedule Shut Operasional a. Implementasi program Reliability Centered Maintenance (RCM) serta program Risk
Down dan Based Inspection (RBI).
Dispatching Pada b. Evaluasi program RCM dan RBI untuk strategi pemeliharaan dan inspeksi di semua
Sistem PLTP area.
c. Melakukan Minor Inspection (MI) dan Turn Around (TA) secara time-based sesuai
Unschedule Shut Operational dengan Operating & Maintenance (O&M) Manual yang diberikan oleh Original
Down and Equipment Manufacturer (OEM).
Dispatching on d. Penyusunan Root Cause Failure Analysis (RCFA) sebagai lesson learned pada
Geothermal Power setiap kejadian disturbance/kerusakan.
Plant System e. Penyusunan Asset Health Report (AHR) secara periodik.
f. Penyiapan critical spare part untuk peralatan utama PLTP.
g. Melakukan Life Time Extension Program Analysis dan Fitness for Service untuk Unit
yang sudah beroperasi melebihi life time sesuai dengan ISO 55001 : Asset
Management
h. Penyusunan Long Term Contract (LTC) dengan Original Equipment Manufacturer
(OEM) atau pihak penyedia jasa lain untuk mempercepat respon kebutuhan jasa
service untuk pelaksanaan MI/TA serta ketika kejadian gangguan
i. Hasilnya: Realisasi Equivalent Forced Outage Ratio (EFOR) sebesar 0.36% dari
allowable 1.6%.
a. Implementation of the Reliability Centered Maintenance (RCM) program and the
Risk Based Inspection (RBI) program.
b. Evaluation of the RCM and RBI programs for maintenance and inspection strategies
in all areas.
c. Conducting Minor Inspections (MI) and Turn Around (TA) in a time-based manner in
accordance with the Operating & Maintenance (O&M) Manual provided by the
Original Equipment Manufacturer (OEM).
d. Preparation of Root Cause Failure Analysis (RCFA) as a lesson learned for every
disturbance/damage event.
e. Preparation of the Asset Health Report (AHR) periodically.
f. Preparation of critical spare parts for the main equipment of the PLTP.
g. Conducting Life Time Extension Program Analysis and Fitness for Service for Units
that have been operating beyond their life time in accordance with ISO 55001:
Asset Management
h. Preparation of Long Term Contract (LTC) with Original Equipment Manufacturer
(OEM) or other service providers to accelerate the response to service needs for the
implementation of MI/TA and when disruptions occur
i. Result: Realization of Equivalent Forced Outage Ratio (EFOR) of 0.36% from the
allowable 1.6%.
5 Bencana Alam Operasional a. Menjalin kerja sama dengan BMKG untuk untuk layanan informasi cuaca dan
(Climate Risk) layanan konsultasi bidang klimatologi.
b. Menjalin kerjasama dengan Universitas untuk asesmen kesiapan geohazard
Natural Disasters Operational menggunakan Geohazard Emergency Response Readiness Assessment Tool
(Climate Risk) (GERRAT).
c. Tindak lanjut hasil studi geohazard melalui penanggulangan longsor melalui
perkuatan lereng pada area rawan longsor.
d. Monitoring dan perbaikan Early Warning System (EWS).
a. Establish cooperation with BMKG for weather information services and climatology
consultation services.
b. Establish cooperation with universities for geohazard readiness assessments using
the Geohazard Emergency Response Readiness Assessment Tool (GERRAT).
c. Follow-up on geohazard study results through landslide mitigation through slope
reinforcement in landslide-prone areas.
d. Monitoring and improvement of the Early Warning System (EWS).
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07 TATA KELOLA PERUSAHAAN
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Profil Risiko dan Pengelolaannya
Risk Profile and Management
Risiko Kategori Risiko Tindakan
No
Risk Risk Category Measures
6 Tidak Tercapainya Operasional a. Health :
HSSE Excellence • Implementasi Fit to Work (FTW) dan Health Risk Assessment (HRA).
• Penerapan protokol kesehatan.
HSSE Excellence Operational • Asesmen menggunakan Medical Emergency Response Readiness Assessment
Not Achieved Tools (MERRAT).
b. Safety
• Monitoring NoA, TRIR, dan laporan PEKA, dengan realisasi NoA 0, TRIR
PGE 0.036 (allowable 0.2). Observation card (PEKA) terdapat 34.547
laporan unsafe act dan unsafe condition dengan closed rate 90.02% serta
report rate 1.23.
• Implementasi siklus CSMS, mulai dari Pra-Qualifikasi hingga Final Evaluation
vendor.
• Pelaksanaan program pengawasan HSSE melibatkan manajemen secara
berkala dalam bentuk Management Walk Through (MWT) dan Safety Walk
& Talk (SWAT), serta sosialisasi sebagai peningkatan awareness aspek HSSE
dan lesson learned kepada pekerja, mitra maupun vendor.
c. Security
• Monitoring TRIS.
• Melakukan patroli dan pengamanan lebih intensif.
• Penerapan Sistem Manajemen Pengamanan (SMPg) di seluruh Area.
d. Environment
• Monitoring dan evaluasi pelaksanaan pemantauan lingkungan (pelaksanaan
RKL/RPL).
• Mengikuti PROPER dan PERCA.
• ESG risk rating dengan hasil skor 7.1 (Negligible Risk). Hal ini menempatkan
PGE sebagai perusahaan dengan risiko ESG terendah di sub sektor energi
terbarukan dan industri utilitas global.
e. Kebakaran
• Penempatan bahan kimia & bahan bakar terisolasi sesuai dengan ketentuan.
• Pengecekan dan monitoring kondisi fasilitas pemadam kebakaran dalam
kondisi layak dan dapat digunakan serta ketersediaan peralatan
penanggulangan kebakaran.
• Asesmen menggunakan Fire Emergency Response Readiness Assessment Tools
(FERRAT)
f. Pelaksanaan training, sharing knowledge, dan sosialisasi terkait aspek HSSE
a. Health :
• Implementation of Fit to Work (FTW) and Health Risk Assessment (HRA).
• Implementation of health protocols.
• Assessment using Medical Emergency Response Readiness Assessment Tools
(MERRAT).
b. Safety
• Monitoring NoA, TRIR, and PEKA reports, with NoA realization of 0, TRIR
PGE 0.036 (allowable 0.2). Observation card (PEKA) there were 34,547
unsafe act and unsafe condition reports with a closed rate of 90.02% and a
report rate of 1.23.
• mplementation of the CSMS cycle, starting from Pre-Qualification to Final
Evaluation of vendors.
• Implementation of the HSSE monitoring program involves management
periodically in the form of Management Walk Through (MWT) and Safety
Walk & Talk (SWAT), as well as socialization as an increase in awareness of
HSSE aspects and lessons learned to workers, partners and vendors.
c. Security
• TRIS Monitoring.
• Conducting more intensive patrols and security.
• Implementing the Security Management System (SMPg) in all areas.
d. Environment
• Monitoring and evaluation of environmental monitoring implementation (RKL/
RPL implementation).
• Participating in PROPER and PERCA.
• ESG risk rating with a score of 7.1 (Negligible Risk). This places PGE as the
company with the lowest ESG risk in the renewable energy sub-sector and
global utility industry.
e. Fires
• Placement of isolated chemicals & fuels according to the provisions.
• Checking and monitoring the condition of fire extinguishing facilities in a
proper and usable condition and the availability of fire fighting equipment.
• Assessment using Fire Emergency Response Readiness Assessment Tools
(FERRAT)
f. Implementation of training, knowledge sharing, and outreach related to HSSE
aspects
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Profil Risiko dan Pengelolaannya
Risk Profile and Management
Risiko Kategori Risiko Tindakan
No
Risk Risk Category Measures
7 Terhambatnya Manajemen a. Monitoring dan komunikasi intensif dengan offtaker terkait dengan proses
Pembayaran oleh Keuangan pembayaran.
Offtaker b. Monitoring dan analisis kondisi makro ekonomi yang dapat berdampak pada
bisnis perusahaan.
Delay in Payment Financial
by Offtaker Management a. Intensive monitoring and communication with offtakers related to the payment
process.
b. Monitoring and analysis of macroeconomic conditions that may impact the
company's business.
8 Tidak Tercapainya Strategi Bisnis a. Pembahasan program kerja (teknis, komersial dan project management) untuk
Target percepatan pengembangan proyek.
Pengembangan b. Melakukan proses alignment atas hasil studi dan melakukan penyusunan Feasibility
Bisnis Study (FS) sesuai STK yang berlaku.
c. Melakukan pendekatan formal dan informal kepada key-person offtaker dan
Failure to Achieve Business Strategy Pemerintah terkait dengan harga jual dan penyusunan PJBU/PJBL.
Business d. Pemanfaatan pendanaan proyek.
Development e. Melakukan pendekatan formal dan informal kepada key-person stakeholder terkait
Targets dengan perizinan yang dibutuhkan dalam eksplorasi dan pengembangan proyek
sesuai dengan tata waktu yang ada dalam peraturan yang berlaku.
f. Mengoptimalkan aset panas bumi yang ada dan kapasitas pembangkit terpasang
dari pengembangan pipeline proyek.
g. Pengembangan area baru yang berasal dari wilayah kerja panas bumi eksisting
yang belum termanfaatkan.
h. Melakukan proses pemilihan mitra secara selektif dan cermat dalam penyusunan
partnership agreement pada aspek strategic fit, kapabilitas operasional, kapabilitas
finansial, kapabilitas dalam eksekusi atau mendukung eksekusi proyek, pengalaman
dalam melakukan kerja sama bisnis dan komitmen calon miitra strategis terhadap
aspek utama, seperti pendanaan, penyediaan bahan baku, serapan (offtake)
produk, komitmen.
i. Melakukan due diligence dan kajian keekonomian terhadap target perusahaan
yang akan diakuisisi.
j. Komunikasi dengan seller atau seller representatives terkait rencana penjualan
aset/perusahaan yang akan diakuisisi.
a. Discussion of work programs (technical, commercial and project management) to
accelerate project development.
b. Conducting an alignment process on study results and preparing a Feasibility Study
(FS) in accordance with applicable STK.
c. Conducting formal and informal approaches to key-person offtakers and the
Government regarding selling prices and preparation of PJBU/PJBL.
d. Utilization of project funding.
e. Conducting formal and informal approaches to key-person stakeholders regarding
permits required in exploration and project development in accordance with the
timetable in applicable regulations.
f. Optimizing existing geothermal assets and installed generating capacity from project
pipeline development.
g. Development of new areas originating from existing geothermal working areas that
have not been utilized.
h. Conducting a selective and careful partner selection process in preparing a
partnership agreement on aspects of strategic fit, operational capability, financial
capability, capability in executing or supporting project execution, experience in
conducting business cooperation and commitment of prospective strategic partners
to key aspects, such as funding, provision of raw materials, product offtake,
commitment.
i. Conducting due diligence and economic studies on the target company to be
acquired.
j. Communicating with sellers or seller representatives regarding the plan to sell assets/
companies to be acquired.
9 Kerugian Akibat Lingkungan Bisnis a. Monitoring dan evaluasi selisih kurs.
Fluktuasi Kurs b. Melakukan kajian dan pemantauan secara periodik atas akun moneter yang
memiliki risiko translasi kurs.
Losses Due to Business Environment
Exchange Rate a. Monitoring and evaluation of exchange rate differences.
Fluctuations b. Conducting periodic reviews and monitoring of monetary accounts that have
exchange rate translation risks.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 505
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Profil Risiko dan Pengelolaannya
Risk Profile and Management
Risiko Kategori Risiko Tindakan
No
Risk Risk Category Measures
10 Adanya Cyber Operasional a. Melakukan monitoring dan maintenance terhadap availability server dan backup
Attack Terhadap data storage (High availability, Rsync dan time backup).
Jaringan & Aplikasi b. Implementasi EWS Server berupa notifikasi melalui e-mail.
PGE c. Implementasi Multi Factor Authentication.
d. Assessment dan implementasi standarisasi keamanan penggunaan perangkat di
Cyber Attack on Operational PLTP.
PGE Network & e. Melakukan penetration test secara berkala.
Applications f. Implementasi Audit tools, event log dan event viewer.
g. Automatic update OS dan sofware server.
h. Sosialisasi larangan penggunaan software ilegal dan cyber security serta clean &
clear desk melalui broadcast.
a. Monitoring and maintenance of server availability and data storage backup (High
availability, Rsync and time backup).
b. Implementation of EWS Server in the form of notification via e-mail.
c. Implementation of Multi Factor Authentication.
d. Assessment and implementation of security standardization of device usage in PLTP.
e. Conducting periodic penetration tests.
f. Implementation of Audit tools, event logs and event viewers.
g. Automatic update of OS and server software.
h. Socialization of the prohibition of the use of illegal software and cyber security as
well as clean & clear desk via broadcast.
11 Menurunnya Reputasi Perusahaan a. Meningkatkan pemberitaan positif baik untuk aspek finansial, operasional, CSR,
Corporate Image proyek strategis melalui press release rutin, media briefing, dan media visit.
Perusahaan b. Menjalankan program CSR dengan baik dan tepat sasaran.
c. Penyampaian informasi perusahaan melalui broadcast dan media sosial
Declining Corporate Image perusahaan.
Corporate Image d. Penyelesaian komplain/keluhan pelanggan dengan cepat.
of the Company e. Investor Meeting dan Investor Engagement sebagai ruang komunikasi PGE ke
investor secara berkala.
f. Peningkatan operational excellence.
a. Increasing positive news coverage for financial, operational, CSR, strategic project
aspects through regular press releases, media briefings, and media visits.
b. Running CSR programs well and on target.
c. Delivering company information through broadcasts and company social media.
d. Resolving customer complaints/grievances quickly.
e. Investor Meeting and Investor Engagement as PGE's communication space to
investors on a regular basis.
f. Improving operational excellence.
12 Adanya Tuntutan Legal, Governance, a. Koordinasi dan komunikasi intensif antar fungsi di internal Perseroan dan
Hukum Compliance mengadakan perjanjian jasa hukum dengan konsultan hukum.
b. Penyusunan daftar penaatan/identifikasi terhadap peraturan dan perundangan
Lawsuit terkait proses bisnis serta operasional Perusahaan.
a. Intensive coordination and communication between functions within the Company
and entering into legal service agreements with legal consultants.
b. Preparation of a list of compliance/identification of regulations and laws related to
the Company's business processes and operations.
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Penilaian dan Evaluasi Efektivitas Assessment and Evaluation of the
Sistem Manajemen Risiko Effectiveness of the Company’s Risk
Perusahaan Management System
Perseroan melalui fungsi ERM bersama Komite The Company, through the ERM function together with
Manajemen Risiko dan Tim Penerapan Manajemen the Risk Management Committee and the Project
Risiko Korporat Proyek (PRM), secara rutin melakukan Corporate Risk Management (PRM) Implementation
evaluasi atas efektivitas pelaksanaan manajemen risiko Team, regularly evaluates the effectiveness of risk
melalui monitoring risiko bulanan maupun triwulan. management implementation through monthly and
quarterly risk monitoring.
Proses evaluasi memastikan bahwa rencana mitigasi The evaluation process ensures that the risk mitigation
risiko telah berhasil dijalankan dan menghasilkan plan has been successfully implemented and results in
informasi yang penting sebagai pertimbangan untuk crucial information for consideration for the Company's
rencana pengelolaan Perseroan dan proyek-proyek ke management plan and future projects.
depan.
5. Hampir Pasti Terjadi 4 5 1 2
Almost Certain to
Probabilitas | Probability
Occur
4. Sangat Mungkin
Terjadi
Very Likely to Occur
9 10 3 6 7 8
3. Bisa Terjadi
Probability
2. Jarang Terjadi 5 6 12 11 12
Probable to Occur
1. Hampir Tidak Pernah 7 9 10 11 2 8
Terjadi
Very Rare to Occur
1. Sangat Kecil 2. Kecil 3. Sedang 4. Besar 5. Sangat Besar
Very Low Low Moderate High Very High
Dampak
Inherent Risk
1. High Risk
Residual Risk
2. Medium to High Risk
3. Moderate Risk
4. Low to Moderate Risk
5. Low Risk
Secara keseluruhan, hasil monitoring risiko tahun 2024 Overall, the results of risk monitoring in 2024 were
berjalan efektif dan mampu menurunkan level risiko effective and managed to reduce the risk level
sesuai toleransi manajemen, serta Risk Residual according to management tolerance, as well as Risk
Exposure di bawah Batas Toleransi Risiko Perusahaan. Residual Exposure below the Company's Risk Tolerance
Limit.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 507
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Sistem Informasi Manajemen Risiko Risk Management Information
System
PGE telah menggunakan aplikasi berbasis teknologi PGE has used a technology-based application aimed
yang digunakan dalam membantu pengelolaan risiko, to assist risk management, namely the Integrated Risk
yaitu Intergrated Risk Management System (IRMS) Management System (IRMS) which is a web-based
yang merupakan aplikasi berbasis web yang membantu application that assists Risk Owners and Risk
Risk Owner dan PIC Manajemen Risiko dalam Management PICs in performing risk management
melakukan proses manajemen risiko secara online processes online (Scope, Context, Criteria; Risk
(Scope, Context, Criteria; Risk Identification, Risk Identification, Risk Assessment, Risk Treatment,
Assessment, Risk Treatment, Monitoring & Review, Monitoring & Review, Recording & Reporting).
Recording & Reporting).
Internalisasi Budaya Risiko Internalization of Risk Culture
Dalam mewujudkan budaya risiko, PGE menetapkan To deliver a risk culture, PGE establishes short-term and
rencana kerja manajemen risiko jangka pendek dan long-term risk management work plans outlined in the
jangka panjang yang dituangkan dalam bentuk work form of work plans and/or roadmaps, which contain
plan dan/atau roadmap, yang memuat strategi, strategies, work plans, resources, time and levels with
rencana kerja, sumber daya, waktu dan tingkatan the aim of effective implementation of risk management.
dengan tujuan mengimplementasikan manajemen risiko
secara efektif.
Beberapa program kerja yang telah dilakukan untuk Several work programs have been undertaken to
menginternalisasi Program Budaya Risiko: internalize the Risk Culture Program, namely:
a. Upskilling manajemen risiko a. Risk management upskilling
• Training dan sertifikasi manajemen risiko • Risk management training and certification
• Keikutsertaan dalam Risk Management Forum • Participation in Risk Management Forum
Holding & Subholding Holding & Subholding
• Environment, Social & Governance (ESG) • Environment, Social & Governance (ESG)
workshop workshop
• Penguatan Manajemen Risiko dalam • Strengthening Risk Management in the face of
menghadapi Ketidakpastian dan menjaga Uncertainty and maintaining sustainable
pertumbuhan yang berkelanjutan untuk BOD- growth for BOD-BOC and risk owners
BOC dan risk owner
• Training of Merger & Acquisition Strategy and • Training of Merger & Acquisition Strategy and
Valuation Valuation
• Sosialisasi asuransi • Insurance Dissemination
• Training ISO terintegrasi • Integrated ISO Training
• Risk Beyond International Conference ERM • Risk Beyond International Conference ERM
b. Workshop dan sosialisasi pengelolaan risiko b. Workshop and dissemination of risk management
c. Sosialisasi dan pulse check pengelolaan risiko c. Risk management dissemination and pulse check
dilakukan di Area Kamojang, Area Karaha, Area conducted in Kamojang Area, Karaha Area,
Ulubelu, dan Area Lumut Balai. Ulubelu Area, and Lumut Balai Area.
d. Coaching Clinic yang merupakan forum konsultasi d. Coaching Clinic which is an intensive consultation
intensive bersama Risk Owner untuk membahas forum with the Risk Owner to discuss issues that are
isu-isu yang sedang terjadi di operasional. happening in operations.
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Evaluasi atas Efektivitas Sistem Evaluation of the Effectiveness of
Manajemen Risiko Risk Management System
Kegiatan evaluasi Manajemen Risiko meliputi : The risk management evaluation activities include:
a. Responsive to change a. Responsive to Change
Peninjauan ulang keselarasan kerangka kerja A review of the alignment of the risk management
pada Sistem Tata Kerja (STK) manajemen risiko, framework with the Standard Operating Procedures
dan rencana kerja manajemen risiko. (STK) and the risk management work plan.
b. Maturity Assessment b. Maturity Assessment
Risk Maturity Assessment merupakan kegiatan The Risk Maturity Assessment is a measurement
pengukuran yang diperlukan untuk mengetahui activity designed to assess a company’s level of
tingkat kematangan suatu perusahaan dalam maturity in risk management. This assessment
pengelolaan risiko dan mendapatkan peluang identifies opportunities for continuous improvement,
perbaikan untuk secara berkelanjutan membawa enabling the company to achieve the desired level
perusahaan tersebut mencapai tingkat maturitas of maturity aligned with its objectives.
sesuai dengan tujuannya.
c. Rolling risk management work plan c. Rolling Risk Management Work Plan
Penyesuaian rencana kerja manajemen risiko Adjustments to the risk management work plan
sebagai masukan perbaikan berkelanjutan. serve as inputs for continuous improvement.
Pernyataan Direksi dan/atau Dewan Statement from the Board
Komisaris Atas Kecukupan Sistem of Directors and/or Board of
Manajemen Risiko Commissioners on the Adequacy of
Risk Management System
Berdasarkan implementasi dan pengawasan yang Based on the implementation and oversight conducted
dilakukan dalam menjalankan proses bisnis Perusahaan, in executing the Company's business processes, the
Dewan Komisaris dan Direksi berperan aktif dan menilai Board of Commissioners and the Board of Directors
bahwa Perusahaan telah memiliki dan menerapkan actively participate in assessing that the Company has
Sistem Manajemen Risiko yang baik untuk mengelola established and implemented a robust Risk Management
risiko-risiko yang dihadapi Perusahaan sesuai dengan System. This system effectively manages the risks faced
risk appetite dan toleransi risiko yang telah ditentukan. by the Company in alignment with its predefined risk
appetite and tolerance levels.
Penilaian ini antara lain didasarkan pada hasil This assessment is primarily based on the results of the
monitoring risiko tahun 2024 yang berjalan efektif dan 2024 risk monitoring, which has been effectively
mampu menurunkan level risiko sesuai toleransi conducted and has successfully reduced risk levels
manajemen, serta Risk Residual Exposure yang berada within the management’s tolerance limits. Additionally,
di bawah Batas Toleransi Risiko Perusahaan. the Company’s Risk Residual Exposure remains below
the established Risk Tolerance Threshold.
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Struktur Organisasi Fungsi Organizational Structure of
Manajemen Risiko Enterprise Risk Management
Function
Fungsi Manajemen Risiko dijalankan oleh fungsi The Enterprise Risk Management function is conducted
Risk Management yang ditetapkan berdasarkan Surat by the Enterprise Risk Management division, as
Keputusan No. Kpts.P-084/PGE000/2022-S0. established under Decree No. Kpts.P-084/
PGE000/2022-S0.
Direktur Keuangan
Director of Finance
Enterprise Risk Management
Sentot Yulianugroho
Manager Enterprise
Risk Management
Enterprise Risk Management Insurance & ICoFR
Herlina Kusumaningrum Cut Almira Vania Valeska
Senior Analyst II Enterprise Risk Senior Analyst II Insurance &
Management ICoFR
Enterprise Risk Management
M. Rizaly Gani
Senior Analyst II Enterprise Risk
Management
510 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Komposisi Anggota Risk Management
Composition of Enterprise Risk Management Members
Nama Jabatan Keahlian Pendidikan Sertifikasi
Name Position Expertise Education Certification
Sentot Manager Enterprise 1. Enterprise Risk • Sarjana Hukum - Universitas -
Yulianugroho Risk Management Management Sebelas Maret
2. Geothermal Engineering • Magister Manajemen -
3. Project Management Universitas Gadjah Mada
4. Corporate Legal & • Bachelor of Law – Universitas
Contract Sebelas Maret,
5. Geothermal Economic • Master of Management –
Evaluation Universitas Gadjah Mada
6. Portfolio Management &
Evaluation
7. Budgeting & Evaluation
8. CSR
9. Humas | Public Relations
10. Financing
11. BCMS
Herlina Senior Analyst II 1. Enterprise Risk Sarjana Teknik Kimia – 1. Enterprise Risk
Kusumaningrum Enterprise Risk Management Universitas Islam Indonesia Management
Management 2. Geothermal Engineering Bachelor of Chemical Engineering – Associate
3. Geothermal Economic Universitas Islam Indon Professional
Evaluation (ERMAP)
4. Portfolio Management & 2. GIMS Auditor
Evaluation 3. BCMS Auditor
5. Budgeting & Evaluation
6. Project Management
7. Auditor GIMS
8. BCMS
M. Rizaly Gani Senior Analyst II 1. Enterprise Risk Sarjana Teknik Mesin – Universitas 1. HAZOPS
Enterprise Risk 2. Management Indonesia 2. Risk Based
Management 3. Geothermal Engineering Bachelor of Chemical Engineering – Inspection (RBI)
4. Hazard Operability Universitas Islam Indonesia Engineer
(HazOp) Study 3. Risk Based
5. Risk Based Inspection Inspection (RBI)
(RBI) Auditor
6. Auditor SUPREME 4. Engineer
7. Auditor GIMS 5. Assistant Auditor
8. Geothermal Economic 6. SUPREME Auditor
Evaluation | SUPREME
9. Portfolio Management & Auditor
Evaluation 7. GIMS Auditor
10. Budgeting & Evaluation 8. Qualified Risk
11. BCMS Management
Analyst (QRMA)
9. BCMS Auditor
Cut Almira Vania Senior Analyst II 1. Enterprise Risk Sarjana Akuntansi – Universitas Certified Professional
Valeska Insurance 2. Management Airlangga Management Accounting
& ICoFR 3. Geothermal Engineering Bachelor of Accounting – Qualified Risk
4. Geothermal Economic Universitas Airlangga Management Analyst
Evaluation (QRMA)
5. Portfolio Management &
Evaluation
6. Budgeting & Evaluation
7. Insurance Management
8. ICoFR Management
2024 Annual Report PT Pertamina Geothermal Energy Tbk 511
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Tugas dan Tanggung Jawab Fungsi Duties and Responsibilities of
Risk Management the Enterprise Risk Management
Function
Fungsi Risk Management memiliki tugas dan tanggung The Enterprise Risk Management function is responsible
jawab sebagai berikut: for the following aspects:
• Memastikan proses penerapan risk attitude, risk • Ensuring the implementation of the Company’s risk
appetite, dan risk tolerance Perseroan yang attitude, risk appetite, and risk tolerance in
mengacu pada risk attitude, risk appetite, dan risk alignment with the Company’s established
tolerance dari Perusahaan. parameters.
• Melaksanakan kebijakan Manajemen Risiko yang • Executing the Risk Management policies as
telah ditetapkan oleh Fungsi ERM Perusahaan. determined by the Company’s Enterprise Risk
Management (ERM) function.
• Memastikan terlaksananya proses Manajemen • Ensuring the effective execution of the Risk
Risiko pada setiap proses ongoing business di Management process in all ongoing business
Perseroan, berdasarkan prinsip efisiensi dan operations, based on principles of cost efficiency
efektivitas biaya, pencegahan timbulnya persepsi and effectiveness, prevention of negative
negatif terhadap citra Perusahaan, dan perceptions that could impact the Company’s
meminimalkan potensi risiko lainnya, serta image, minimization of potential risks, and
memaksimalkan keuntungan Perusahaan. maximization of corporate benefits.
• Melakukan evaluasi serta memberikan • Conducting evaluations and providing
rekomendasi atas usulan aktivitas investasi recommendations on proposed corporate
Perusahaan kepada pengambil keputusan dengan investment activities to decision-makers through the
tahapan sebagai berikut: following process:
- Menjadi konsultan (advisor) pelaksanaan risk - Acting as an advisor in conducting risk
assessment atas usulan aktivitas investasi assessments for proposed investment activities
oleh fungsi pengusul. initiated by relevant proposing functions.
- Melakukan penelaahan (review) atas hasil - Reviewing the results of risk assessments
risk assessment yang telah dilakukan oleh conducted by the proposing function. The
Fungsi Pengusul tersebut. Penelaahan dan review and risk measurement primarily focus
pengukuran risiko terutama dilakukan on the feasibility of the proposed investment
terhadap kelayakan usulan investasi dan and the potential occurrence of factors that
kemungkinan terjadinya hal-hal yang memiliki could negatively impact the Company.
dampak negatif terhadap Perusahaan.
- Melakukan monitoring dan review risiko - Conducting regular risk monitoring and review
secara berkala atas pelaksanaan proyek of project implementation in collaboration
bekerja sama dengan fungsi terkait. with relevant functions.
• Menyampaikan laporan secara berkala kepada • Submitting periodic reports to the Risk Management
Komite Manajemen Risiko, Subholding, Holding, Committee, Subholding, Holding, and Board of
serta Dewan Komisaris, yang antara lain berisi Commissioners, including the presentation of the
penyajian profil risiko di Perusahaan. Company’s risk profile.
• Memantau posisi risiko portofolio bisnis di • Monitoring the risk position of the Company’s
Perseroan dan melakukan evaluasi atas model business portfolio and evaluating the models used
yang dibuat untuk mengetahui dampaknya to assess their impact on the Company.
terhadap Perusahaan.
• Memastikan pengukuran risiko menggunakan • Ensuring that risk measurement is conducted using
metode yang sesuai dengan kebijakan Fungsi methods aligned with the Company’s ERM policies
ERM Perseroan dan data yang valid. and supported by valid data.
• Memantau pelaksanaan Penanganan Risiko yang • Overseeing the implementation of risk mitigation
dilakukan oleh risk owner di Perusahaan. actions conducted by the risk owners in the
• Memelihara data dan informasi mengenai risk Company.
register dan loss event yang terjadi di Perusahaan • Maintaining up-to-date data and information
sesuai kondisi terkini dan memasukkannya ke regarding the risk register and loss events within
dalam sistem informasi ERM. the Company and incorporating them into the
ERM information system.
• Menyediakan data dan informasi yang berkaitan • Providing data and information related to the
dengan fungsi di Perusahaan yang diperlukan Company’s functions as required by the ERM
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oleh Fungsi ERM, Fungsi ERM Sub Holding Power Function, Subholding Power & NRE ERM Function,
& NRE, maupun ERM Holding (Pertamina). and Holding ERM (Pertamina).
• Menyusun sistem tata kerja manajemen risiko • Developing a risk management work system in
sesuai dengan lingkup Perusahaan untuk accordance with the Company’s scope for
ditetapkan oleh Direksi. approval by the Board of Directors.
• Membangun budaya sadar risiko dalam setiap • Building a risk-aware culture in every functional
aktivitas fungsi di Perusahaan. activity within the Company.
• Secara berkala melakukan koordinasi, sosialisasi, • Regularly coordinating, disseminating, and
serta pembekalan kebijakan ERM untuk risk owner providing ERM policy training for risk owners
di lingkungan Perusahaan. within the Company.
• Mengusulkan dan merekomendasikan kepada • Proposing and recommending to the Board of
Direksi agar keputusan bisnis dilakukan sesuai Directors that business decisions be made in
dengan kebijakan dengan mempertimbangkan accordance with policies while considering ERM
prinsip ERM. principles.
• Memasukkan ERM sebagai bagian dari agenda • Incorporating ERM as part of the agenda in Board
dalam meeting yang dilakukan oleh Direksi. of Directors’ meetings.
• Mengembangkan kompetensi sumber daya • Developing the competencies of human resources
manusia yang terkait dengan manajemen risiko di related to risk management within the Company.
Perusahaan.
• Memberikan dukungan teknis dan administrasi • Providing technical and administrative support for
atas pelaksanaan tugas dan tanggung jawab the execution of top management’s duties and
Manajemen Puncak dalam implementasi dan responsibilities in the implementation and
sertifikasi BCMS Perusahaan (identifikasi dan certification of the Company’s BCMS, including
penanganan risiko, pengendalian dokumen, risk identification and mitigation, document control,
pengendalian rekaman/ arsip, tinjauan record/archival management, management
manajemen, audit internal, tindakan perbaikan review, internal audit, corrective and preventive
dan pencegahan, komunikasi dan lain-lain). actions, communication, and other related tasks.
• Melakukan koordinasi pemenuhan persyaratan • Coordinating compliance with BCMS requirements,
BCMS Perusahaan (penetapan isu internal dan including determining internal and external issues,
eksternal, identifikasi pemangku kepentingan dan identifying stakeholders and their expectations,
harapannya, penetapan sasaran BCMS, penilaian setting BCMS objectives, conducting risk
risiko, dan lain-lain). assessments, and other relevant activities.
• Melakukan koordinasi perencanaan, penerapan, • Coordinating the planning, implementation,
peninjauan, dan pengendalian proses yang review, and control of processes required to meet
diperlukan untuk memenuhi persyaratan BCMS BCMS requirements and establishing actions to
dan untuk menetapkan tindakan guna mengatasi address business continuity risks.
risiko hambatan keberlangsungan usaha
Perusahaan.
• Sebagai fungsi pengelola ICoFR yang bertanggung • Acting as the ICoFR management function,
jawab mendampingi, mengawasi dan memberikan responsible for assisting, supervising, and providing
masukan kepada Control Owner dalam tahap input to Control Owners during the design and
perancangan, implementasi, dan memastikan implementation phases, ensuring the adequacy of
kecukupan rancangan ICoFR, serta melakukan the ICoFR framework, maintaining BPM and RCM,
pemeliharaan terhadap BPM dan RCM dan and preparing reports on the adequacy of the
membuat laporan kecukupan rancangan ICoFR. ICoFR design.
• Mengkoordinasikan tahap persiapan, • Coordinating the preparation, execution, and
pelaksanaan, dan penyelesaian proses penutupan completion of the insurance closure process, as
asuransi, serta penanganan klaim asuransi. well as managing insurance claims.
• Sebagai fungsi pendukung untuk berkoordinasi • Serving as a supporting function in coordinating
dengan Insurance Center Holding dalam bertindak with the Insurance Center Holding, acting as an
sebagai in-house insurance consultant bilamana in-house insurance consultant when needed for
diperlukan sehubungan dengan kebutuhan Pertamina Group’s insurance requirements or for
asuransi Pertamina Group, maupun kebutuhan risk risk management improvements related to
management improvement terkait peningkatan risk enhancing the Company’s risk profile for insurance
profile Perusahaan untuk keperluan liputan coverage purposes. However, the final decision
asuransi. Namun keputusan akhir sehubungan regarding risk mitigation actions through insurance
dengan tindakan mitigasi risiko melalui asuransi remains with the insured-asset holder/insured-risk
berada di tangan insured-asset holder/insured-risk owner.
owner.
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Profil Kepala Fungsi Risk Management
Profile of Manager of Enterprise Risk Management
SENTOT YULIANUGROHO
Manager of Enterprise Risk
Management
Kewarganegaraan : Warga Negara Indonesia
Nationality Indonesian
Usia | Age : 47 tahun / years old
Domisili | Domicile : Tangerang Selatan, Banten
South Tangerang, Banten
Dasar Hukum Penunjukan : SKMJ-00373/PGE900/2023-S8 tertanggal 3 Maret 2023
Legal Basis of Appointment : SKMJ-00373/PGE900/2023-S8 dated 3 March 2023
Periode Menjabat : Maret 2023 - Sekarang
Term of Office : March 2023 - Present
• Sarjana Hukum Universitas Sebelas Maret (1999)
Latar Belakang Pendidikan : • Magister Management Universitas Gadjah Mada (2003)
Educational Background : • Sarjana Hukum Universitas Sebelas Maret (1999)
• Magister Management Universitas Gadjah Mada (2003)
• Ahli Hukum | Legal Expert PGE (2008-2012)
Pengalaman Kerja : • Junior Counsel Business Development PGE (2012-2013)
Work Experience : • Senior Legal Counsel Business Development PGE(2013-2017)
• Manager Government & Public Relation PGE (2017-2023)
Tidak memiliki rangkap jabatan di Perusahaan maupun lembaga lain
Rangkap Jabatan :
Concurrent Position : No concurrent positions in the Company or other agencies
Tidak memiliki hubungan afiliasi dengan anggota Dewan Komisaris, Direksi dan Pemegang Saham Pengendali
Hubungan Afiliasi :
Does not have any affiliations with members of the Board of Directors, or fellow members of the Board of
Affiliate Relations :
Commissioners, nor with the controlling shareholders.
514 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 515
Pengembangan Kompetensi Fungsi Competency Development of
Risk Management Enterprise Risk Management
Function
Fungsi Risk Management mengikuti kegiatan pelatihan The Enterprise Risk Management function participates
dan pengembangan kompetensi di bidang manajemen in training and competency development activities in
risiko guna meningkatkan keahliannya. Berikut kegiatan the field of risk management to improve their expertise.
pengembangan kompetensi yang diikuti Fungsi Risk The following are competency development activities
Management pada tahun 2024: the Enterprise Risk Management Function attended in
2024:
Pengembangan Kompetensi Bidang Manajemen Risiko
Competency Development of Enterprise Risk Management Division
Nama Pendidikan/Pelatihan/Seminar Penyelenggara Waktu & Tempat
No.
Name Education/Training/Seminars Organizer Date & Place
Sentot Yulianugroho 1 Risk Management Forum (RMF) Pertamina PT Pertamina (Persero) 16 Januari |
Across The Group dengan tema “Dinamika January 2024
dan Tantangan Pengelolaan Legal Risk pada
Ongoing Project”
Risk Management Forum (RMF) Pertamina
Across The Group adopting the theme
"Dynamics and Challenges of Legal Risk
Management in Ongoing Project"
2 ESG Ideation and Prioritization Workshop PT Pertamina Geothermal 1 - 2 Februari |
Energy Tbk February 2024
3 Capital Project Management Workshop PT Pertamina Geothermal 19 - 20 Februari |
Energy Tbk February 2024
4 Sosialisasi & Pulse Check Risk Management PT Pertamina Geothermal 29 Februari - 1 Maret I
Area Kamojang dan Area Karaha Energy Tbk February - March 2024
Outreach & Pulse Check Risk Management
Kamojang Area and Karaha Area
5 Risk Management Forum (RMF) Pertamina PT Pertamina (Persero) 8 Maret |
Across The Group dengan tema “Emerging March 2024
Risk : Concept and Identifying”
Risk Management Forum (RMF) Pertamina
Across The Group adopting the theme
"Emerging Risk: Concept and Identifying"
6 Kick Off & Training Awareness ISO PT Pertamina (Persero) 1 April 2024
22301:2019 Business Continuity Management
System
7 Upskilling ISO 22301:2019 Business PT Pertamina (Persero) 23 April 2024
Continuity Management System (BCMS)
8 Training Penyusunan Dokumen BCM (BIA, PT Pertamina (Persero) 2 Mei |
DRA, dan BCS) May 2024
BCM Document Drafting Training (BIA, DRA,
and BCS)
9 Workshop Konsinyering & Challenge Session PT Pertamina Geothermal 28 - 30 Mei |
Penyusunan Risk Register Tahun 2025 PGE Energy Tbk May 2024
Consignment Workshop & Challenge Session
on Drafting of PGE's 2025 Risk Register
10 Workshop Konsinyering & Challenge Session PT Pertamina Geothermal 30 - 31 Mei |
Penyusunan Dokumen SMKB Tahun 2024 PGE Energy Tbk May 2024
Consignment Workshop & Challenge Session
on Drafting of PGE 2024 SMKB Documents
2024 Annual Report PT Pertamina Geothermal Energy Tbk 515
Page 516
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Pengembangan Kompetensi Bidang Manajemen Risiko
Competency Development of Enterprise Risk Management Division
Nama Pendidikan/Pelatihan/Seminar Penyelenggara Waktu & Tempat
No.
Name Education/Training/Seminars Organizer Date & Place
11 Sosialisasi & Pulse Check Pengelolaan Risiko PT Pertamina Geothermal 3 - 4 Juni |
Area dan Area Ulubelu Energy Tbk June 2024
Outreach & Pulse Check Risk Management
Area and Ulubelu Area
12 Training Auditor Internal BCMS Pertamina PT Pertamina (Persero) 6 Juni |
Group Tahun 2024 June 2024
Pertamina Group BCMS Internal Auditor
Training 2024
13 Training ISO 37001:2016 Sistem Manajemen PT Pertamina Geothermal 27 Juni |
Anti Penyuapan Internal Auditor PGE Energy, Tbk June 2024
Training ISO 37001:2016 Anti-Bribery
Management System Internal Auditor PGE
14 Risk Management Forum “Navigating Conflict PT Pertamina (Persero) 27 Agustus |
of Interest in State-Owned Enterprises: Best August 2024
Practices and Challenges”
15 Risk Management Forum (RMF) Subholding Subholding Gas 3 Oktober |
Gas dengan pembahasan Pengenalan Proses October 2024
Bisnis di Industri Hulu MIGAS Perspektif Saka
Energi Indonesia (Studi Kasus PT Saka Energi
Indonesia) dan Pembelajaran Pengelolaan
Risiko dari Proses Arbitrase FSRU Lampung
(Studi Kasus PT PGN LNG Indonesia)
Risk Management Forum (RMF) Subholding
Gas with discussion of Introduction to Business
Processes in the Upstream Oil and Gas Industry
from the Perspective of Saka Energi Indonesia
(Case Study of PT Saka Energi Indonesia) and
Risk Management Lessons from the Lampung
FSRU Arbitration Process (Case Study of PT
PGN LNG Indonesia)
16 Risk Management Forum, Manajemen Risiko Subholding PNRE 10 Oktober |
sebagai Key Enabler Proyek Investasi (Akuisisi) October 2024
Energi Baru Terbarukan
Risk Management Forum, Risk Management as
a Key Enabler of New and Renewable Energy
Investment Projects (Acquisition)
17 Forum Sharing KOMET Webinar PT Pertamina (Persero) Januari – Desember
KOMET Webinar Sharing Forum January – December
18 Sosialisasi Asuransi PGE PT Asuransi Tugu Pratama 23 - 24 Oktober |
PGE Insurance Outreach Indonesia October 2024
19 Program Pengembangan dengan Tema PT Pertamina Geothermal 1 November 2024
“Penguatan Manajemen Risiko dalam Energy Tbk
Menghadapi Ketidakpastian dan Menjaga
Pertumbuhan yang Berkelanjutan” (BOD-BOC)
Development Program adopting the Theme
“Strengthening Risk Management in Facing
Uncertainty and Maintaining Sustainable
Growth” (BOD-BOC)
20 Masterclass series, Risk Beyond International PT Pertamina Geothermal 4 - 6 Desember |
Conference ERM Energy Tbk – LSP MKS December 2024
21 Sosialisasi & Pulse Check Pengelolaan Risiko PT Pertamina Geothermal 10 - 13 Desember |
Area dan Proyek Lumut Balai Energy Tbk December 2024
Outreach & Pulse Check of Risk Management
of Lumut Balai Area and Project
22 Workshop Konsinyering Monitoring PT Pertamina Geothermal 16 - 20 Desember |
Pengelolaan Risiko TW IV 2024, Evaluasi Energy Tbk December 2024
Keefektifan Pengelolaan Risiko Tahun 2024 &
Finalisasi Risk Register Tahun 2025
Consignment Workshop on Risk Management
Monitoring Q4 2024, Evaluation of Risk
Management Effectiveness in 2024 &
Finalization of Risk Register in 2025
516 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 517
Pengembangan Kompetensi Bidang Manajemen Risiko
Competency Development of Enterprise Risk Management Division
Nama Pendidikan/Pelatihan/Seminar Penyelenggara Waktu & Tempat
No.
Name Education/Training/Seminars Organizer Date & Place
Herlina 1 Risk Management Forum (RMF) Pertamina PT Pertamina (Persero) 16 Januari |
Kusumaningrum Across The Group dengan tema “Dinamika January 2024
dan Tantangan Pengelolaan Legal Risk pada
Ongoing Project”
Risk Management Forum (RMF) Pertamina
Across The Group adopting the theme
"Dynamics and Challenges of Legal Risk
Management in Ongoing Projects"
2 Capital Project Management Workshop PT Pertamina Geothermal 19 - 20 Februari |
Energy Tbk February 2024
3 Sosialisasi & Pulse Check Risk Management PT Pertamina Geothermal 29 Februari - Maret 2024|
Area Kamojang dan Area Karaha Energy Tbk February - March 2024
Outreach & Pulse Check Risk Management
Kamojang Area and Karaha Area
4 Risk Management Forum (RMF) Pertamina PT Pertamina (Persero) 8 Maret |
Across The Group dengan tema “Emerging March 2024
Risk : Concept and Identifying”
Risk Management Forum (RMF) Pertamina
Across The Group adopting the theme
"Emerging Risk: Concept and Identifying"
5 Kick Off & Training Awareness ISO PT Pertamina (Persero) 1 April 2024
22301:2019 Business Continuity Management
System
6 Upskilling ISO 22301:2019 Business PT Pertamina (Persero) 23 April 2024
Continuity Management System (BCMS)
7 Training Penyusunan Dokumen BCM (BIA, PT Pertamina (Persero) 2 Mei |
DRA, dan BCS) May 2024
BCM Document Drafting Training (BIA, DRA,
and BCS)
8 Workshop Konsinyering & Challenge Session PT Pertamina Geothermal 28 - 30 Mei |
Penyusunan Risk Register Tahun 2025 PT PGE Energy Tbk May 2024
Tbk.
Consignment Workshop & Challenge Session
for Drafting of the 2025 Risk Register of PT
PGE Tbk.
8 Workshop Konsinyering & Challenge Session PT Pertamina Geothermal 30 - 31 Mei |
Penyusunan Dokumen SMKB Tahun 2024 PGE Energy Tbk May 2024
Consignment Workshop & Challenge Session
for Drafting of the 2024 PGE SMKB
Document.
10 Sosialisasi & Pulse Check Risk Management PT Pertamina Geothermal 3 - 4 Juni |
Area Kamojang dan Area Karaha Energy Tbk June 2024
Outreach & Pulse Check Risk Management
Kamojang Area and Karaha Area
11 Training Auditor Internal BCMS Pertamina PT Pertamina (Persero) 6 Juni |
Group Tahun 2024 June 2024
Pertamina Group BCMS Internal Auditor
Training 2024
2024 Annual Report PT Pertamina Geothermal Energy Tbk 517
Page 518
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Pengembangan Kompetensi Bidang Manajemen Risiko
Competency Development of Enterprise Risk Management Division
Nama Pendidikan/Pelatihan/Seminar Penyelenggara Waktu & Tempat
No.
Name Education/Training/Seminars Organizer Date & Place
12 Pelatihan Upskilling of M&A Strategy and PT Pertamina Geothermal 19 - 21 Juni |
Valuation For Finance Directorate PGE Energy Tbk June 2024
13 Training ISO 37001:2016 Sistem Manajemen PT Pertamina Geothermal 27 Juni |
Anti Penyuapan Internal Auditor PGE Energy Tbk June 2024
Training ISO 37001:2016 Anti-Bribery
Management System Internal Auditor PGE
14 Risk Management Forum “Navigating Conflict PT Pertamina (Persero) 27 Agustus |
of Interest in State-Owned Enterprises: Best August 2024
Practices and Challenges”
15 "Risk Management Forum (RMF) Subholding Subholding Gas 3 Oktober |
Gas dengan pembahasan Pengenalan Proses October 2024
Bisnis di Industri Hulu MIGAS Perspektif Saka
Energi Indonesia (Studi Kasus PT Saka Energi
Indonesia) dan Pembelajaran Pengelolaan
Risiko dari Proses Arbitrase FSRU Lampung
(Studi Kasus PT PGN LNG Indonesia)
"Risk Management Forum (RMF) Subholding
Gas with discussion of Introduction to Business
Processes in the Upstream Oil and Gas Industry
from the Perspective of Saka Energi Indonesia
(Case Study of PT Saka Energi Indonesia) and
Risk Management Lessons from the Lampung
FSRU Arbitration Process (Case Study of PT
PGN LNG Indonesia)
16 Risk Management Forum, Manajemen Risiko Subholding PNRE 10 Oktober |
sebagai Key Enabler Proyek Investasi (Akuisisi) October 2024
Energi Baru Terbarukan
Risk Management Forum, Risk Management as
a Key Enabler of New and Renewable Energy
Investment Projects (Acquisition)
17 Forum Sharing KOMET Webinar PT Pertamina (Persero) Januari – Desember
KOMET Webinar Sharing Forum January – December
18 Sosialisasi Asuransi PGE PT Asuransi Tugu Pratama 23 - 24 Oktober |
PGE Insurance Outreach Indonesia October 2024
19 Program Pengembangan dengan Tema PT Pertamina Geothermal 1 November 2024
“Penguatan Manajemen Risiko dalam Energy Tbk
Menghadapi Ketidakpastian dan Menjaga
Pertumbuhan yang Berkelanjutan” (BOD-BOC)
Development Program adopting the Theme
“Strengthening Risk Management in Facing
Uncertainty and Maintaining Sustainable
Growth” (BOD-BOC)
20 Sosialisasi & Pulse Check Pengelolaan Risiko PT Pertamina Geothermal 10 - 13 Desember |
Area dan Proyek Lumut Balai 2024 Energy Tbk December 2024
Outreach & Pulse Check of Risk Management
Lumut Balai Area and Project 2024
21 Workshop Konsinyering Monitoring PT Pertamina Geothermal 16 - 20 Desember |
Pengelolaan Risiko TW IV 2024, Evaluasi Energy Tbk December 2024
Keefektifan Pengelolaan Risiko Tahun 2024 &
Finalisasi Risk Register Tahun 2025
Consignment Workshop on Risk Management
Monitoring Q4 2024, Evaluation of Risk
Management Effectiveness in 2024 &
Finalization of Risk Register in 2025
518 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 519
Pengembangan Kompetensi Bidang Manajemen Risiko
Competency Development of Enterprise Risk Management Division
Nama Pendidikan/Pelatihan/Seminar Penyelenggara Waktu & Tempat
No.
Name Education/Training/Seminars Organizer Date & Place
M. Rizaly Gani 1 Risk Management Forum (RMF) Pertamina PT Pertamina (Persero) 16 Januari |
Across The Group dengan tema “Dinamika January 2024
dan Tantangan Pengelolaan Legal Risk pada
Ongoing Project”
Risk Management Forum (RMF) Pertamina
Across the Group adopting theme “Dynamics
and Challenges in Legal Risk Management for
Ongoing Projects”
2 Capital Project Management Workshop PT Pertamina Geothermal 19 - 20 Februari |
Capital Project Management Workshop Energy Tbk February 2024
3 Sosialisasi & Pulse Check Risk Management PT Pertamina Geothermal 29 Februari -
Area Kamojang dan Area Karaha Energy Tbk 1 Maret 2024
Risk Management Outreach & Pulse Check in 29 February -
Kamojang Area and Karaha Area 1 March 2024
4 Risk Management Forum (RMF) Pertamina PT Pertamina (Persero) 8 Maret |
Across The Group dengan tema “Emerging March 2024
Risk : Concept and Identifying”
Risk Management Forum (RMF) Pertamina
Across The Group adopting the theme
“Emerging Risk: Concept and Identifying”
5 Kick Off & Training Awareness ISO PT Pertamina (Persero) 1 April 2024
22301:2019 Business Continuity Management
System
Kick Off Meeting & Awareness Training on ISO
22301:2019 Business Continuity Management
Systems
6 Upskilling ISO 22301:2019 Business PT Pertamina (Persero) 23 April 2024
Continuity Management System (BCMS)
Upskilling Program on ISO 22301:2019
Business Continuity Management Systems
(BCMS)
7 Training Penyusunan Dokumen BCM (BIA, PT Pertamina (Persero) 2 Mei |
DRA, dan BCS) May 2024
Training on Preparation of Business Continuity
Management (BCM) (BIA, DRA, and BCS)
Document
8 Workshop Konsinyering & Challenge Session PT Pertamina Geothermal 28 - 30 Mei |
Penyusunan Risk Register Tahun 2025 PGE Energy Tbk May 2024
Workshop & Challenge Session on PGE 2025
Risk Register Preparation
8 Workshop Konsinyering & Challenge Session PT Pertamina Geothermal 30 - 31 Mei |
Penyusunan Dokumen SMKB Tahun 2024 PGE Energy Tbk May 2024
Workshop & Challenge Session on PGE 2024
BCMS Document Preparation
10 Sosialisasi & Pulse Check Risk Management PT Pertamina Geothermal 3 - 4 Juni |
Area Kamojang dan Area Karaha Energy Tbk June 2024
Risk Management Outreach & Pulse Check in
Kamojang Area and Karaha Area
11 Training Auditor Internal BCMS Pertamina PT Pertamina (Persero) 6 Juni |
Group Tahun 2024 June 2024
Training on 2024 Pertamina Group BCMS
Internal Auditor
12 Pelatihan Upskilling of M&A Strategy and PT Pertamina Geothermal 19 - 21 Juni |
Valuation For Finance Directorate PGE Energy Tbk June 2024
Upskilling Training on M&A Strategy and
Valuation for PGE Finance Directorate
2024 Annual Report PT Pertamina Geothermal Energy Tbk 519
Page 520
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Pengembangan Kompetensi Bidang Manajemen Risiko
Competency Development of Enterprise Risk Management Division
Nama Pendidikan/Pelatihan/Seminar Penyelenggara Waktu & Tempat
No.
Name Education/Training/Seminars Organizer Date & Place
13 Training ISO 37001:2016 Sistem Manajemen PT Pertamina Geothermal 27 Juni |
Anti Penyuapan Internal Auditor PGE Energy Tbk June 2024
Training on ISO 37001:2016 Anti-Bribery
Management Systems for PGE Internal Auditor
14 Risk Management Forum “Navigating Conflict PT Pertamina (Persero) 27 Agustus |
of Interest in State-Owned Enterprises: Best August 2024
Practices and Challenges”
Risk Management Forum “Navigating Conflict
of Interest in State-Owned Enterprises: Best
Practices and Challenges”
15 "Risk Management Forum (RMF) Subholding Subholding Gas 3 Oktober |
Gas dengan pembahasan Pengenalan Proses Gas Subholding October 2024
Bisnis di Industri Hulu MIGAS Perspektif Saka
Energi Indonesia (Studi Kasus PT Saka Energi
Indonesia) dan Pembelajaran Pengelolaan
Risiko dari Proses Arbitrase FSRU Lampung
(Studi Kasus PT PGN LNG Indonesia)
Risk Management Forum (RMF) of Gas
Subholding featuring discussion on an
Introduction to Business Processes in Upstream
Oil and Gas Industry from the Perspective of
Saka Energi Indonesia (Case Study of PT Saka
Energi Indonesia) and Insights into Risk
Management from the FSRU Lampung
Arbitration Processes (Case Study of PT PGN
LNG Indonesia)
16 Risk Management Forum, Manajemen Risiko Subholding PNRE 10 Oktober |
sebagai Key Enabler Proyek Investasi (Akuisisi) PNRE Subholding October 2024
Energi Baru Terbarukan
Risk Management Forum: Risk Management as
a Key Enabler to Investment Projects
(Acquisition) of New Renewable Energy
17 Forum Sharing KOMET Webinar PT Pertamina (Persero) Januari – Desember
Webinar on KOMET Forum Sharing January - December
18 Sosialisasi Asuransi PGE PT Asuransi Tugu Pratama 23 - 24 Oktober |
PGE Insurance Outreach Indonesia October 2024
19 Program Pengembangan dengan Tema PT Pertamina Geothermal 1 November 2024
“Penguatan Manajemen Risiko dalam Energy, Tbk
Menghadapi Ketidakpastian dan Menjaga
Pertumbuhan yang Berkelanjutan” (BOD-BOC)
Development Program adopting the theme
“Strengthening Risk Management in Facing
Uncertainty and Maintaining Sustainability
Growth” (BOD-BOC)
20 Sosialisasi & Pulse Check Pengelolaan Risiko PT Pertamina Geothermal 10 - 13 Desember |
Area dan Proyek Lumut Balai 2024 Energy Tbk December 2024
Risk Management Outreach & Pulse Check in
Lumut Balai Area and Project in 2024
21 Workshop Konsinyering Monitoring PT Pertamina Geothermal 16 - 20 Desember |
Pengelolaan Risiko TW IV 2024, Evaluasi Energy Tbk December 2024
Keefektifan Pengelolaan Risiko Tahun 2024 &
Finalisasi Risk Register Tahun 2025
Workshop and Monitoring Session on Risk
Management for Q4 2024, Evaluation of the
Effectiveness of 2024 Risk Management &
Finalization of the 2025 Risk Register
520 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 521
Pengembangan Kompetensi Bidang Manajemen Risiko
Competency Development of Enterprise Risk Management Division
Nama Pendidikan/Pelatihan/Seminar Penyelenggara Waktu & Tempat
No.
Name Education/Training/Seminars Organizer Date & Place
Cut Almira Vania 1 Risk Management Forum (RMF) Pertamina PT Pertamina (Persero) 16 Januari |
Valeska Across The Group dengan tema “Dinamika January 2024
dan Tantangan Pengelolaan Legal Risk pada
Ongoing Project”
Risk Management Forum (RMF) Pertamina
Across The Group adopting the theme
“Dynamics and Challenges in Legal Risk
Management for Ongoing Projects”
2 Focus Group Discussion (FGD) Alignment PT Pertamina (Persero) 5 - 7 Februari |
Dokumen BCMS Holding – Subholding/AP February 2024
Focus Group Discussion (FGD): Alignment of
BCMS Documentation between Holding and
Subholding/AP
3 Kick Off & Training Awareness ISO PT Pertamina (Persero) 1 April 2024
22301:2019 Business Continuity Management
System
Kick Off Meeting & Awareness Training on ISO
22301:2019 Business Continuity Management
Systems
4 Upskilling ISO 22301:2019 Business PT Pertamina (Persero) 23 April 2024
Continuity Management System (BCMS)
Upskilling Program on ISO 22301:2019
Business Continuity Management Systems
(BCMS)
5 Workshop Konsinyering & Challenge Session PT Pertamina Geothermal 28-30 Mei |
Penyusunan Risk Register Tahun 2025 PGE Energy Tbk May 2024
Workshop & Challenge Session on PGE 2025
Risk Register Preparation
6 Workshop Konsinyering & Challenge Session PT Pertamina Geothermal 30 - 31 Mei |
Penyusunan Dokumen SMKB Tahun 2024 PGE Energy Tbk May 2024
Workshop & Challenge Session on PGE 2024
BCMS Document Preparation
7 Training Penyusunan Dokumen BCM (BIA, PT Pertamina (Persero) 2 Mei |
DRA, dan BCS) May 2024
Training on Preparation of Business Continuity
Management (BCM) (BIA, DRA, and BCS)
Document
8 Pelatihan Upskilling of M&A Strategy and PT Pertamina Geothermal 19 - 21 Juni |
Valuation For Finance Directorate PGE Energy Tbk June 2024
Upskilling Training on M&A Strategy and
Valuation for PGE Finance Directorate
8 Training ISO 37001:2016 Sistem Manajemen PT Pertamina Geothermal 27 Juni |
Anti Penyuapan Internal Auditor PGE Energy Tbk June 2024
Training on ISO 37001:2016 Anti-Bribery
Management Systems for PGE Internal Auditor
10 Workshop Project Insurance Pertamina Group PT Pertamina (Persero) 13 - 14 Agustus |
2024 August 2024
Project Insurance Pertamina Group 2024
Workshop
11 Risk Management Forum “Navigating Conflict PT Pertamina (Persero) 27 Agustus |
of Interest in State-Owned Enterprises: Best August 2024
Practices and Challenges”
Risk Management Forum “Navigating Conflict
of Interest in State-Owned Enterprises: Best
Practices and Challenges”
12 Training Internal Control over Financial PT Pertamina (Persero) 17 - 18 September
Reporting (ICoFR) 2024
Internal Control over Financial Reporting
(ICoFR) Training
13 Sosialisasi Asuransi PGE PT Asuransi Tugu Pratama 23 - 24 Oktober I
PGE Insurance Outreach Indonesia October 2024
14 Program Pengembangan dengan Tema PT Pertamina Geothermal 1 November 2024
“Penguatan Manajemen Risiko dalam Energy Tbk.
Menghadapi Ketidakpastian dan Menjaga
Pertumbuhan yang Berkelanjutan” (BOD-BOC)
Development Program adopting the theme
“Strengthening Risk Management in Facing
Uncertainty and Maintaining Sustainability
Growth” (BOD-BOC)
2024 Annual Report PT Pertamina Geothermal Energy Tbk 521
Page 522
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Pelaksanaan Kegiatan Fungsi Risk Implementation of Enterprise Risk
Management Tahun 2024 Management Function Activities in
2024
Fungsi Enterprise Risk Management bertanggung Enterprise Risk Management Function is responsible for
jawab melaksanakan kebijakan ERM yang telah conducting ERM policies set by PT Pertamina (Persero)
ditetapkan oleh PT Pertamina (Persero) selaku Holding as the PNRE Holding and Sub Holding. Additionally,
dan Sub Holding PNRE. Selain itu, fungsi ini memastikan this function ensures the implementation of the ERM
penerapan proses ERM pada setiap proses aktivitas processes in every ongoing business and business
ongoing business maupun business development di development activity within the Company, by adhering
Perusahaan, dengan berpedoman pada prinsip to the principle of cost efficiency and effectiveness,
efisiensi dan efektivitas biaya, pencegahan persepsi prevention of negative perceptions towards the
negatif terhadap citra Perusahaan, meminimalkan Company’s image, minimizing risks, and optimizing
risiko, dan optimalisasi keuntungan. profits.
522 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 523
Pelaksanaan Tugas Fungsi Enterprise Risk Management tahun 2024
Implementation of Duties of Enterprise Risk Management Function in 2024
Kegiatan Waktu Keterangan
No
Activity Time Description
1 Penetapan Batas Toleransi Tahunan Cascading Batas Toleransi Risiko yang telah ditetapkan oleh Holding
Risiko (BTR) Fungsi/Area/Proyek Annually dan diteruskan oleh Subholding kepada PGE.
Determination of Risk Tolerance
Threshold (BTI) for Functions/ Cascading of the Risk Tolerance Threshold that has been set by the
Areas/Projects Holding and forwarded by the Subholding to PGE.
2 Risk Assessment Tahunan Risk Assessment dilakukan terhadap:
Annually • Pengelolaan Risiko Korporasi, sehingga didapatkan Top Risk PGE
• Pengelolaan Risiko Fungsi/Area/Proyek
Risk Assessment is conducted on:
• Corporate Risk Management, so as to obtain PGE’s Top Risk
• Risk Management of Functions/Areas/Projects
Tahunan/Tentative Risk Assessment terhadap Pengelolaan Risiko Usulan Proyek Investasi
Annually/Tentatively Risk Assessment on Risk Management of Proposed Investment Project
3 Monitoring Risiko Bulanan • Top Risk PGE
Risk Monitoring Monthly • Proyek Prioritas
• PGE’s Risk Top
• Priority Projects
Triwulanan • Korporasi/ Top Risk PGE
Quarterly • Fungsi
• Area
• Proyek
• PGE’s Corporation/Top Risk
• Functions
• Areas
• Projects
4 Sosialisasi Manajemen Risiko Semester • Sosialisasi implementasi manajemen risiko
Risk Management Dissemination • Sosialisasi penyusunan Risk Register tahun 2025
• Workshop Enterprise Risk Management
• Workshop Risk Management & Investor Relation
• Workshop BCMS
• Workshop Asuransi
• Sertifikasi ICoFR
• Dissemination of Risk Management Implementation
• Dissemination of the 2025 Risk Register Preparation
• Workshop on Enterprise Risk Management
• Workshop on Risk Management & Investor Relations
• BCMS Workshop
• Issuance Workshop
• ICoFR Certification
5 Peningkatan Dan Optimasi Risk Tentative Telah dilakukan peningkatan dan optimasi risk culture melalui awareness
Culture Perusahaan Tentatively risk management untuk level management dan upskilling/sertifikasi
Improvement and Optimization pekerja
of the Company’s Risk Culture
Improvement and optimization of risk culture have been conducted
through risk management awareness for the management level and
employee upskilling/certification
6 Pelaporan Manajemen Risiko Bulanan Penyampaian laporan monitoring Top Risk PGE dan Proyek Prioritas
Risk Management Reporting Monthly kepada Subholding PNRE
Submission of PGE’s Top Risk Monitoring and Priority Projects Reports to
the PNRE Subholding
Triwulanan Penyampaian laporan monitoring risiko korporasi/ Top Risk PGE kepada
Quarterly Komite Manajemen Risiko, Dewan Komisaris PGE, Subholding PNRE,
dan PT Pertamina (Persero)
Submission of PGE’s corporate risk monitoring/Top Risk reports to the Risk
Management Committee, PGE Board of Commissioners, PNRE
Subholding, and PT Pertamina (Persero)
2024 Annual Report PT Pertamina Geothermal Energy Tbk 523
Page 524
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Pelaksanaan Tugas Fungsi Enterprise Risk Management tahun 2024
Implementation of Duties of Enterprise Risk Management Function in 2024
Kegiatan Waktu Keterangan
No
Activity Time Description
7 Review/Penyusunan Kebijakan Tentative Melakukan review/penyusunan Kebijakan dan STK Manajemen Risiko
dan Sistem Tata Kerja (STK) Tentatively meliputi:
Review/Preparation of Work • Traktat dan Komitmen Manajemen Risiko, Juli 2024
Procedure System • Komitmen Manajemen Kelangsungan Bisnis, Juli 2024
• Pengelolaan Manajemen Kelangsungan Bisnis tertuang dalam
Pedoman Geothermal Integrated Management System (GIMS),
Juni 2024
• TKO Pengelolaan Risiko No. B-002/PGE313/2024-S9 Rev 0 tmt
12 September 2024
• TKI Perhitungan Batas Toleransi Risiko dan Loss Event No. C-001/
PGE313/2024-S9 Rev 0 tmt 28 Oktober 2024
• TKI Penyusunan Laporan Profil Risiko No. C-002/
PGE313/2024-S9 Rev 0 tmt 14 November 2024
• TKI Pemantauan dan Pelaporan Risiko No. C-003/
PGE313/2024-S9 Rev 0 tmt 14 November 2024
• TKI Penilaian dan Penanganan Risiko (Risk Assessment) No. C-004/
PGE313/2024-S9 Rev 0 tmt 28 Oktober 2024
• TKI Perhitungan Dampak Risiko Kuantitatif No C-005/
PGE313/2024-S9 Rev 0 tmt 28 Oktober 2024
Conduct review/preparation of the Work Procedure System (STK) of Risk
Management including:
• Treaties and Risk Management Commitments, July 2024
• Business Continuity Management Commitments, July 2024
• The Administration of Business Continuity Management is outlined in
the Geothermal Integrated Management System (GIMS) Manual,
June 2024
• TKO for Risk Management No. B-002/PGE313/2024-S9 Revision 0
tmt 12 September 2024
• TKI for Calculation of Risk Tolerance Limit and Loss Event No.
C-001/PGE313/2024-S9 Revision 0 tmt 28 October 2024
• TKI for Preparation of Risk Profile Report No. C-002/
PGE313/2024-S9 Revision 0 tmt 14 November 2024
• TKI for Risk Monitoring and Reporting No. C-003/
PGE313/2024-S9 Revision 0 tmt 14 November 2024
• TKI for Risk Assessment and Handling No. C-004/PGE313/2024-S9
Revision 0 tmt 28 October 2024
• TKI for Quantitative Risk Impact Calculation No C-005/
PGE313/2024-S9 Revision 0 tmt 28 October 2024
8 Sistem Manajemen Triwulanan Dalam rangka implementasi dan sertifikasi Sistem Manajemen
Kelangsungan Bisnis (SMKB) Quarterly Kelangsungan Bisnis (SMKB), telah dilakukan serangkaian kegiatan
Business Continuity Management sebagai berikut:
System (BCMS) • Challenge session dan pengesahan dokumen SMKB.
• Audit internal SMKB
• Rapat Tinjauan Manajemen SMKB
• Audit eksternal surveillance SMKB pada bulan Agustus dengan
hasil PGE masih dapat mempertahankan sertifikat BCMS dengan
tidak ada temuan minor/major dan mendapatkan positive finding
bahwa dokumen BCMS sudah dikembangkan serta di-review
secara periodik oleh business owner.
In implementing and certifying the Business Continuity Management
System (BCMS), a series of activities have been conducted as follows:
• Challenge session and approval of BCMS documents.
• Internal BCMS Audit
• BCMS Management Review Meeting
• The external surveillance audit for BCMS in August resulted in PGE
maintaining its BCMS certification with no minor/major findings and
obtaining positive findings indicating that BCMS documents have
been developed as well as is periodically reviewed by the business
owner.
524 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Pelaksanaan Tugas Fungsi Enterprise Risk Management tahun 2024
Implementation of Duties of Enterprise Risk Management Function in 2024
Kegiatan Waktu Keterangan
No
Activity Time Description
9 Insurance Tahunan • Renewal Asuransi Directors & Officers Liability, periode masa
Annually berlaku polis adalah satu tahun terhitung dari 9 April 2024
Insurance sampai dengan 9 April 2025
• Renewal Asuransi Property PT Pertamina (Persero) & Grup Periode
2023 – 2025, dengan periode asuransi 18 bulan (1 Desember
2023 – 31 Mei 2025)
• Endorsement Polis Asuransi Business Interruption adalah 15 bulan
(1 Maret 2024 – 31 Mei 2025)
• Renewal Asuransi Public Liability PT Pertamina (Persero) & Grup
Periode 2024 – 2025, dengan periode asuransi 12 bulan (1 Juli
2024 – 30 Juni 2025)
• Renewal of Board of Directors & Officers Liability Insurance, with
one-year insurance policy starting from 9 April 2024 to 9 April
2025
• Renewal of PT Pertamina (Persero) & Group Property Insurance for
the 2023–2025 period, with an insurance term of 18 months (1
December 2023 – 31 May 2025)
• Endorsement of Business Interruption Insurance Policy for a 15
month period (1 March 2024 – 31 May 2025)
• Renewal of PT Pertamina (Persero) & Group Public Liability
Insurance for the 2024–2025 period, with an insurance term of 12
months (1 July 2024 – 30 June 2025)
10 Internal Control over Financial Triwulanan • Sertifikasi ICoFR Transaction Level Control (TLC)
Reporting (ICoFR) Quarterly • Pemutakhiran Business Process Model (BPM) & Risk Control Matrix
(RCM) didampingi oleh Konsultan Internal Control over Financial
Reporting (ICoFR)
• Pemutakhiran Business Process Model (BPM) & Risk Control Matrix
(RCM) secara mandiri
• ICoFR Transaction Level Control (TLC) Certification
• Update on the Business Process Model (BPM) & Risk Control Matrix
(RCM), accompanied by the Internal Control over Financial
Reporting (ICoFR) Consultant.
• Independent update on the Business Process Model (BPM) & Risk
Control Matrix (RCM).
Asuransi Aset Perseroan Corporate Asset Insurance
Sebagai bagian dari strategi pengelolaan risiko untuk As part of its risk management strategy to minimize
mengurangi potensi kerugian operasional dan finansial potential operational and financial losses related to
terkait aset, penurunan pendapatan perusahaan, serta assets, corporate revenue decline, and legal liabilities
tanggung jawab hukum terhadap pihak ketiga yang to third parties arising from unforeseen events, the
timbul akibat peristiwa tak terduga, Perusahaan Company mitigates risks by transferring them through
melakukan mitigasi risiko dengan mentransfer risiko insurance. In 2024, the Company has secured insurance
melalui asuransi. Pada tahun 2024, Perusahaan telah policies with the following details:
memiliki polis asuransi dengan rincian sebagai berikut:
2024 Annual Report PT Pertamina Geothermal Energy Tbk 525
Page 526
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
JENIS/POLIS OBYEK PERTANGGUNGAN PENANGGUNG
NO.
Type/Policy Insured Objects Insurer
1 Property All Risk Upstream Asset PT Asuransi Tugu Pratama
(1 Desember 2023 - Aset hulu (Upstream Asset) Perusahaan yang terletak di WKP Sibayak, Indonesia Tbk.
31 Mei 2025) Kamojang, Lahendong, Ulubelu, Lumut Balai, dan Karaha.
(1 December 2023 -
31 May 2025) The Company's upstream assets are located in Sibayak, Kamojang,
Lahendong, Ulubelu, Lumut Balai, and Karaha Geothermal Work Areas.
Building Asset
Aset Perusahaan berupa gedung dan kantor yang terletak di WKP
Sibayak, Kamojang, Lahendong, Ulubelu, Lumut Balai, dan Karaha.
The Company's assets are in the form of buildings and offices located in
Sibayak, Kamojang, Lahendong, Ulubelu, Lumut Balai, and Karaha
Geothermal Work Areas.
Cost Of Well Control
Biaya pengendalian dan pengeboran ulang sumur di darat/biaya
tambahan terkait di WKP Kamojang, Lahendong, Ulubelu, Lumut Balai,
Karaha, dan Hululais.
Costs for well control and onshore redrilling, along with related additional
expenses, in Kamojang, Lahendong, Ulubelu, Lumut Balai, Karaha, and
Hululais Geothermal Work Areas.
Pipeline Asset
Aset pipa Perusahaan yang terletak di WKP Sibayak, Kamojang,
Lahendong, Ulubelu, Lumut Balai, dan Karaha.
The Company's pipeline assets located in Sibayak, Kamojang,
Lahendong, Ulubelu, Lumut Balai, and Karaha Geothermal Work Areas.
Heavy Equipment
Menjamin "Semua Risiko" atas setiap kerugian atau kerusakan fisik pada
peralatan yang dideklarasikan selama berada pada lokasi atau wilayah
geografis yang disebutkan dalam Polis, yang terjadi secara tiba-tiba dan
tidak terduga atau kerusakan lainnya yang tidak dikecualikan oleh
polis, yang terletak di WKP Sibayak.
Covering "All Risks" for any loss or physical damage to the declared
equipment while located within the geographical area specified in the
Policy, arising suddenly and unexpectedly or any other damage not
excluded by the policy, located in Sibayak Geothermal Work Area.
Terrorism And Sabotage
Semua harta benda riil dan pribadi apapun sifat, jenis dan deskripsinya
sebagai akibat dari terorisme dan risiko-risiko yang dijamin berdasarkan
LPO 437.
All real and personal property, regardless of nature, type, or description,
resulting from terrorism and risks covered under LPO 437.
Business Interruption
Gangguan usaha (Business Interruption) untuk hilangnya Pendapatan
Kotor sebagai akibat dari penurunan omzet dan/atau kenaikan Biaya
Kerja sebagaimana didefinisikan dalam Naskah Gangguan Usaha
standar Munich Re yang diakibatkan oleh kehilangan atau kehancuran
atau kerusakan karena sebab atau peristiwa apa pun yang tercakup
dalam bagian Kerusakan Materi aset hulu, aset bangunan, dan aset
pipa.
Business Interruption for the loss of Gross Revenue due to a decline in
turnover and/or an increase in Working Costs, as defined in the standard
Munich Re Business Interruption Wordings, caused by loss, destruction,
or damage resulting from any cause or event covered under the Material
Damage section for upstream assets, building assets, and pipeline assets.
526 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 527
JENIS/POLIS OBYEK PERTANGGUNGAN PENANGGUNG
NO.
Type/Policy Insured Objects Insurer
2 Directors and Officers Liability Setiap klaim dan gabungan seluruh klaim. PT Asuransi Tugu Pratama
Insurance Indonesia Tbk.
(9 April 2024 - 9 April 2025) Each Claim and Aggregate of All Claims.
Biaya Pembelaan untuk Pelanggaran Lingkungan.
Defense Costs for Environmental Violations.
Biaya Pembelaan untuk Cedera Badan dan/atau Kerusakan Harta
Benda.
Defense Costs for Bodily Injury and/or Property Damage
Biaya Hubungan Publik
Public Relations Costs
Biaya Pembebasan Harta Benda
Asset Release Costs
Biaya Pemeriksaan
Investigation Costs
Biaya Pra-Pemeriksaan
Pre-Investigation Costs
Biaya Sekuritas Perusahaan
Corporate Security Costs
Pelanggaran Praktik Ketenagakerjaan Perusahaan
Violations of Employment Practices
Biaya-biaya Ekstradisi
Extradition Costs
Klaim atas setiap Direktur pemegang polis
Claims Against Any Policyholder Director
Biaya-biaya keadaan darurat
Emergency Costs
3 Public Liability Insurance Menjamin tanggung jawab hukum Tertanggung kepada pihak ketiga PT Asuransi Tugu Pratama
(1 Juli 2024 - 30 Juni 2025) sehubungan dengan cedera badan yang bersifat kecelakaan dan/atau Indonesia Tbk.
(1 July 2024 - 30 June 2025) kerugian dan kerusakan harta benda yang timbul dari kegiatan-kegiatan
usaha/aktivitas Tertanggung.
Covering the Insured's legal liability to third parties for accidental bodily
injury and/or loss or damage to property arising from the Insured's
business activities/operations.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 527
Page 528
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
PERKARA HUKUM YANG BERDAMPAK
MATERIAL TERHADAP PERSEROAN,
ENTITAS ANAK, DEWAN KOMISARIS, DAN
DIREKSI TAHUN 2024
LAWSUITS WITH MATERIAL IMPACT ON THE COMPANY,
SUBSIDIARIES, BOARD OF COMMISSIONERS, AND BOARD OF
DIRECTORS IN 2024
Sepanjang tahun 2024 tidak terdapat perkara hukum Throughout 2024, there were no lawsuits with material
yang berdampak material terhadap Perseroan, entitas impact on the Company, its Subsidiaries, the Board of
Anak, Dewan Komisaris dan Direksi Perseroan. Commissioners, or the Board of Directors.
Perkara Hukum yang sedang Ongoing Lawsuits Facing the
Dihadapi Dewan Komisaris dan Incumbent Board of Commissioners
Direksi yang sedang Menjabat and Board of Directors in 2024
Tahun 2024
Pada tahun 2024 tidak terdapat permasalahan hukum In 2024, there were no ongoing lawsuits faced by the
yang sedang dihadapi Dewan Komisaris dan Direksi incumbent Board of Commissioners and Board of
yang sedang menjabat. Directors.
Perkara Hukum yang sedang Ongoing Legal Cases Faced by the
Dihadapi Anak Perusahaan Tahun Subsidiaries in 2024
2024
Selama tahun 2024 tidak terdapat permasalahan
hukum yang sedang dihadapi Anak Perusahaan. Selama tahun 2024 tidak terdapat permasalahan
hukum yang sedang dihadapi Anak Perusahaan.
Sanksi Administrasi/ Sanksi Lain Administrative Sanctions/Other
Sanctions
Tidak terdapat sanksi administratif maupun sanksi lain There were no administrative or other sanctions that
yang berdampak material terhadap kegiatan had material impact on the Company's operational
operasional dan kelangsungan bisnis Perseroan di activities and business continuity throughout 2024..
sepanjang tahun 2024.
KODE ETIK
CODE OF ETHICS
Perseroan memiliki Pedoman Etika Usaha dan Tata The Company has Business Ethics and Code of Conduct
Perilaku atau Code of Conduct (CoC) yang menjadi (CoC) that serve as standard guidelines for ethical
panduan standar perilaku dalam berbisnis dan behavior in business operations and interactions with
berinteraksi dengan pihak eksternal atau pemangku external parties or stakeholders.
kepentingan.
Agar dapat diketahui oleh semua pihak, Kode Etik To ensure accessibility for all parties, the Company’s
Perseroan yang disahkan pada tanggal 31 Mei 2023 Code of Ethics, which was ratified on 31 May 2023
melalui Surat Keputusan No. Kpts-035/DK/ through Decrees No. Kpts-035/DK/PGE/2023-S0 and
PGE/2023-S0 dan No. Kpts-036/PGE000/2023-S0, No. Kpts-036/PGE000/2023-S0, has been published
telah dimuat di dalam situs web Perseroan https:// on the Company’s website: https://www.pge.
w w w. p g e . p e r t a m i n a . c o m / M e d i a / U p l o a d s / pertamina.com/Media/Uploads/keberlanjutan/file/
keberlanjutan/file/Code_of_Conduct_-_PGEO%20 Code_of_Conduct_-_PGEO%20update.pdf.
update.pdf.
528 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Pokok-Pokok Kode Etik
Key Principles of the Code of Ethics
Muatan Penjelasan
Contents Description
Pendahuluan Memuat latar belakang, pengertian, visi, misi, dan tata nilai Perseroan, maksud,
Introduction dan tujuan, manfaat dan daftar istilah
Includes the background, definitions, vision, mission, corporate values, objectives,
benefits, and glossary.
Prinsip Tata Kelola Perusahaan yang Merupakan penjabaran dari prinsip tata kelola perusahaan yang baik.
Baik An elaboration on the principles of good corporate governance.
Principles of Good Corporate
Governance
Etika Usaha Perseroan Meliputi standar etika hubungan dengan para pemangku kepentingan, dan
Corporate Business Ethics standar etika terkait aspek khusus meliputi kebijakan akuntansi dan keuangan,
pemberian donasi, dan transaksi afiliasi.
Covers ethical standards in stakeholder relationships and ethical standards related
to specific aspects such as accounting and financial policies, donations, and
affiliate transactions.
Standar Tata Perilaku Meliputi standar perilaku terkait hubungan kerja antar pekerja, hubungan atasan
Standards of Conduct dan bawahan, lingkungan kerja yang bebas dari diskriminasi, pelecehan,
perbuatan asusila, ancaman, dan kekerasan serta standar perilaku terkait aspek
khusus antara lain pengaturan benturan kepentingan, gratifikasi, penyuapan,
aktivitas sosial, dan aktivitas politik
Encompasses behavioral standards in workplace relationships among employees,
superior-subordinate relationships, and a work environment free from discrimination,
harassment, immoral acts, threats, and violence. It also covers specific aspects such
as management of conflict of interest, gratuities, bribery, social activities, and
political activities.
Pelaksanaan Etika Usaha dan Tata Meliputi penerapan etika usaha dan tata perilaku, sosialisasi, dan internalisasi,
Perilaku pelaporan, penanganan, dan penegakan pelanggaran, serta pembaruan atau
Implementation of Business Ethics and revisi pedoman etika usaha, dan tata perilaku.
Conduct Covers the application of business ethics and conduct, dissemination and
internalization, reporting, handling and enforcement of violations, as well as
updates or revisions to the business ethics and conduct guidelines.
Penerapan dan Penyebarluasan Implementation and Dissemination
Kode Etik of the Code of Ethics
Kode Etik berlaku bagi semua insan Perseroan di The Code of Ethics applies to all individuals within the
seluruh level organisasi, tanpa terkecuali. Perseroan Company at every organizational level, without
secara teratur melakukan sosialisasi dan kampanye exception. The Company regularly conducts Code of
peningkatan kesadaran Kode Etik untuk meningkatkan Ethics awareness campaigns and dissemination
pemahaman dan komitmen bersama atas penerapan programs to enhance understanding and foster
Kode Etik kepada Direksi, Dewan Komisaris, dan collective commitment to implementing the Code of
seluruh pekerja. Ethics among the Board of Directors, the Board of
Commissioners, and all employees.
Penyelenggaraan sosialisasi dijalankan oleh fungsi The dissemination is conducted by the Legal &
Legal & Compliance berkoordinasi dengan fungsi Compliance function in coordination with the Corporate
Sekretaris Perusahaan. Perseroan melakukan sosialisasi Secretary function. The Company conducts the activity
melalui berbagai sarana baik luring maupun daring by utilizing various online and offline channels,
seperti broadcast email, informasi di portal perusahaan including broadcast emails, information shared on the
dan situs web, serta penerapan kewajiban pengisian corporate portal and website, as well as the obligation
pernyataan komitmen dalam GCG Online System to periodically submit a commitment statement
secara berkala.
Pada tahun 2024, seluruh (100%) Pekerja Perseroan In 2024, all (100%) Company Employees completed
telah melakukan pengisian pernyataan komitmen Kode the commitment statement for the Code of Ethics in the
Etik di dalam GCG Online System. Menurut catatan GCG Online System. According to the Company's
records, no reports of Code of Ethics violations were
2024 Annual Report PT Pertamina Geothermal Energy Tbk 529
Page 530
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Perseroan, selama tahun 2024 tidak terdapat laporan submitted through the GCG Online System throughout
terkait pelanggaran Kode Etik di GCG Online System. 2024.
Perseroan juga aktif menggelar pelatihan, kampanye The Company has also been actively conducting
dan sosialisasi Kode Etik yang mencakup anti korupsi, training sessions, campaigns, and dissemination
anti gratifikasi, penerapan Whistleblowing System programs related to the Code of Ethics, covering topics
(WBS), insider trading, dan lain-lain. Informasi lengkap such as anti-corruption, anti-gratuity, the implementation
terkait kegiatan pelatihan dan sosialisasi terkait Kode of the Whistleblowing System (WBS), insider trading,
Etik terdapat pada sub bab Internalisasi dan Monitoring and other relevant matters. Detailed information
Penerapan GCG serta sub bab Sosialisasi regarding training and dissemination activities on the
Whistleblowing System (WBS) pada Bab Tata Kelola Code of Ethics can be found in the sub-chapter of the
Perusahaan ini. Internalization and Monitoring of GCG Implementation
as well as the sub-chapter of the Whistleblowing
System (WBS) Dissemination in this Good Corporate
Governance chapter.
Kebijakan Penegakan Kode Etik Code of Ethics Enforcement Policy
Pelanggaran Kode Etik merupakan hal serius yang Violations of the Code of Ethics are considered a
dapat mengakibatkan sanksi disipliner, mulai dari serious matter and may result in disciplinary sanctions,
teguran lisan hingga pemutusan hubungan kerja. ranging from verbal warnings to employment
Perseroan mendorong pekerja untuk melaporkan setiap termination. The Company encourages employees to
potensi pelanggaran Kode Etik melalui mekanisme report any potential breaches of the Code of Ethics
pelaporan atau WBS, yang menjamin kerahasiaan through the designated reporting mechanism or WBS,
pelapor dan pelaporan itu sendiri. which ensures the confidentiality of both the
whistleblower and the report itself.
530 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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WHISTLEBLOWING SYSTEM (WBS)
WHISTLEBLOWING SYSTEM (WBS)
Sistem Pelaporan Pelanggaran atau Whistleblowing The Whistleblowing System (WBS) is a reporting
System (WBS) merupakan mekanisme yang diterapkan mechanism implemented by the Company to encourage
Perseroan untuk mendorong pelaporan atas tindakan the disclosure of actions by Company personnel that
insan Perseroan yang berpotensi melanggar hukum, may violate laws, the Code of Ethics, or sound corporate
kode etik, atau prinsip tata kelola yang baik di governance principles within the Company. Reports can
lingkungan Perseroan. Pelaporan dapat dilakukan oleh be submitted by employees, business partners, or other
pekerja, mitra kerja, maupun pihak eksternal lainnya. external parties.
WBS di PGE dikelola secara terpusat oleh fungsi The WBS at PGE has been centrally managed by the
Investigation Audit, WBS and Fraud Prevention (IWF) Investigation Audit, WBS, and Fraud Prevention (IWF)
PT Pertamina (Persero) sejak 19 Januari 2022, function of PT Pertamina (Persero) since 19 January
berdasarkan Pedoman Pengelolaan Pengaduan 2022, in accordance with PT Pertamina (Persero)’s
PT Pertamina (Persero) No. A9-001/J00000/2022-S9. Complaint Management Guidelines No. A9-001/
PGE telah meratifikasi pengelolaan WBS melalui Surat J00000/2022-S9. PGE has ratified the WBS
Edaran Direktur Utama Perseroan No. 066/ management through the President Director’s Circular
PGE000/2022-S8 tanggal 28 Juli 2022. Letter No. 066/PGE000/2022-S8, dated 28 July
2022.
Penyampaian dan Media Laporan Reporting Channels and Media
Pelanggaran
Pelapor dapat menyampaikan laporan pengaduan Whistleblowers may submit complaints through
melalui saluran terpusat Pertamina Clean yang Pertamina Clean, a centralized platform that offers
menyediakan berbagai kanal pelaporan, antara lain: multiple reporting channels, including:
Website: http://pertaminaclean.tipoffs.info/
SMS & WhatsApp: +628118615000
Text & WhatsApp
Telepon: 135 ext.8
Phone (021) 381 5910
(021) 381 5911
Fax: (021) 381 5912
Email: pertaminaclean@tipoffs.com.sg
Kirim Surat: Attn:
Address Tip-offs Anonymous™ Pertamina Clean
P.O.Box 2600 JKP 10026
2024 Annual Report PT Pertamina Geothermal Energy Tbk 531
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Jenis Pelanggaran yang dapat Types of Violations That Can Be
Dilaporkan Reported
Lingkup pengaduan yang dapat dilaporkan kepada The scope of complaints that can be submitted to the
Perseroan melalui WBS adalah: Company through the WBS includes:
1. Korupsi, konflik kepentingan, penyuapan, 1. Corruption, conflicts of interest, bribery, gratuity,
gratifikasi dan pemerasan. and extortion.
2. Pencurian, Penggelapan dan penyalahgunaan 2. Theft, embezzlement, and misuse of assets.
aset.
3. Kecurangan dalam laporan keuangan. 3. Fraud in financial reporting.
4. Pelanggaran hukum dan peraturan perusahaan. 4. Violations of laws and company regulations.
5. Pelecehan (fisik, verbal, non verbal/gesture, visual 5. Harassment (physical, verbal, non-verbal/gestural,
dan emosional). visual, and emotional).
Pengaduan lain terkait pelayanan produk, penipuan Other complaints related to product services, lottery
undian, dan rekrutmen dapat disampaikan melalui fraud, and recruitment can be submitted through the
Pertamina Call Center 135. Pertamina Call Center 135.
Perlindungan Bagi Pelapor Protection for Whistleblowers
Perseroan menjamin perlindungan bagi pelapor yang The Company guarantees protection for whistleblowers
melaporkan pelanggaran, dengan mengedepankan who report violations, prioritizing the principles of
prinsip tata kelola, asas praduga tidak bersalah, serta governance, presumption of innocence, and
profesionalisme. Kebijakan perlindungan tersebut professionalism. The protection policy covers the
mencakup aspek: following aspects:
• Identitas pelapor yang dijamin kerahasiaannya. • Guaranteed confidentiality of whistleblower
identity.
• Perlindungan dari segala bentuk ancaman, • Protection from all forms of threats, intimidation, or
intimidasi, atau tindakan tidak menyenangkan dari unpleasant actions from any party that may be
pihak manapun yang dapat dianggap sebagai perceived as retaliation for the report made by the
tindakan balasan atas pelaporan yang telah whistleblower, so long as the whistleblower
dibuat oleh pelapor, sepanjang pelapor menjaga maintains the confidentiality of the case to any
kerahasiaan kasus yang diadukannya kepada party.
pihak manapun.
• Perlindungan terhadap pelapor dari segala bentuk • Protection of the whistleblower from all forms of
hukuman atau sanksi dari pihak manapun yang punishment or sanction from any party that may be
dapat dianggap sebagai tindakan balasan atas perceived as retaliation for the report made by the
pelaporan yang telah dibuat oleh pelapor, whistleblower, so long as the whistleblower is not
sepanjang pelapor tidak terbukti turut terlibat proven to be involved in the reported misconduct/
dalam perbuatan yang menyimpang/melanggar violation.
yang diadukan tersebut.
• Pertimbangan memberi keringanan hukuman atau • Consideration of granting leniency in punishments
sanksi bagi pelapor yang turut terlibat dalam or sanctions for whistleblowers who are also
masalah yang diadukan, namun bersikap involved in the matter being complained about but
kooperatif dan membantu secara signifikan proses demonstrate cooperation and significantly assist
investigasi dengan memberikan data, informasi, the investigation process by providing data,
dokumen, dan bukti-bukti lainnya yang relevan information, documents, and other evidence
dengan masalah yang diadukan. relevant to the issue being reported.
• Perlindungan berlaku juga bagi pekerja yang • Protection of employees who conduct clarification
melaksanakan klarifikasi atau investigasi maupun or investigations as well as parties providing
pihak-pihak yang memberikan informasi terkait information related to complaints or disclosures.
dengan pengaduan atau penyingkapan.
532 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 533
Pihak Pengelola Laporan dan Party Managing Reporting and
Penanganan Laporan Report Response
Seluruh aktivitas penerimaan pengaduan, analisis All activities of receiving complaints, initial analysis,
awal, pelimpahan pengaduan, penanganan referral of complaints, handling of complaints, and
pengaduan, dan pembuatan resume hasil penanganan compiling a summary of the results of handling are
dikoordinasikan secara terpusat oleh Fungsi IWF PT centrally coordinated by the IWF Function of PT
Pertamina (Persero) bekerja sama dengan konsultan Pertamina (Persero) together with an independent
independen yang ditunjuk oleh PT Pertamina (Persero). consultant appointed by PT Pertamina (Persero).
Sedangkan pada temuan audit operasional yang Meanwhile, operational audit findings indicating fraud
terindikasi fraud dilaporkan kepada VP IWF melalui will be reported to the VP of IWF through official
korespondensi resmi dan ditembuskan kepada Chief correspondence, with copies sent to the Chief Audit
Audit Executive PT Pertamina (Persero). Jika diperlukan Executive of PT Pertamina (Persero). Initial analysis and
dan/atau dalam kondisi tertentu, aktivitas analisa awal investigative audits may be delegated to the Audit
dan audit investigasi dapat dilimpahkan kepada Fungsi Executive Function of PGE if necessary and/or under
Audit Executive PGE. certain circumstances.
Sosialisasi WBS WBS Dissemination
Komunikasi terkait WBS Perseroan disebarluaskan Communication regarding the Company whistleblowing
melalui berbagai saluran sosialisasi dan kampanye system is disseminated through various dissemination
seperti media, banner, portal Perseroan, broadcast and campaign channels, such as the media, banners,
e-mail, serta sosialisasi langsung melalui materi seminar the Company portal, email broadcasts, and direct
dan pelatihan. outreach through seminar materials and training.
Mitra kerja Perseroan juga dapat mengakses informasi The Company’s work partners can also access
terkait sistem pelaporan pelanggaran ini melalui information regarding the whistleblowing system
kegiatan Vendor Day yang diadakan oleh Perseroan through Vendor Day activities conducted by the
atau melalui situs resmi Perseroan yang terhubung Company or the Company’s official sites connected
langsung dengan WBS. directly with the WBS.
Pada 2024, PGE telah melakukan kegiatan sosialisasi In 2024, PGE conducted a dissemination activity
melalui broadcast email terkait larangan permintaan, through email broadcasts related to the prohibition on
pemberian, dan penerimaan hadiah/gratifikasi sebagai requesting, granting, and receiving gifts/gratuities as
upaya peningkatan awareness Perwira PGE agar an effort of improving PGE Employees’ awareness to
terhindar dari praktik gratifikasi, dan melakukan avoid acts of gratuity. PGE has also implemented the
program Fraud Prevention & WBS Socialization ke Fraud Prevention & WBS Dissemination program in
beberapa Area PGE yang diakhiri dengan sosialisasi several PGE Areas, which was concluded with a hybrid
pada wilayah kantor pusat secara hybrid dengan dissemination event in the head office area as follows:
rincian sebagai berikut:
2024 Annual Report PT Pertamina Geothermal Energy Tbk 533
Page 534
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Waktu dan Tempat
Kegiatan Penyelenggara Peserta
Pelaksanaan
Activity Organizer Participants
Date and Location
Sosialisasi melalui broadcast email 28 Maret | March 2024 Fungsi Audit Executive Seluruh Perwira PGE
terkait larangan permintaan, berkolaborasi dengan All PGE Employees
pemberian, dan penerimaan hadiah/ Fungsi Compliance PGE
gratifikasi Audit Executive Function in
Dissemination through email broadcast collaboration with PGE
regarding the prohibition on requesting, Compliance Function
giving, and receiving gifts/gratuities
Fraud Prevention & WBS Socialization 5 Juni | June 2024 Fungsi Audit Executive PGE Seluruh Perwira PGE
Area Karaha PGE Audit Executive Area Karaha
Fraud Prevention & WBS Function All PGE Karaha Area
Dissemination in Karaha Area Employees
Fraud Prevention & WBS Socialization 6 Juni | June 2024 Fungsi Audit Executive PGE Seluruh Perwira PGE
Area Kamojang berkolaborasi dengan Area Kamojang
Fraud Prevention & WBS Dissemination Fungsi IWF PT Pertamina
in Kamojang Area (Persero) All PGE Kamojang Area
PGE Audit Executive Employees
Function in collaboration
with IWF Function of PT
Pertamina (Persero)
Fraud Prevention & WBS Socialization 15 Agustus | August 2024 Fungsi Audit Executive PGE Seluruh Perwira PGE
Area Lahendong PGE Audit Executive Area Lahendong
Fraud Prevention & WBS Dissemination Function All PGE Lahendong
in Area Employees
Lahendong Area
Fraud Prevention & WBS Socialization 24 Oktober | October 2024 Fungsi Audit Executive PGE Seluruh Perwira PGE
Area Ulubelu PGE Audit Executive Area Ulubelu
Fraud Prevention & WBS Dissemination Function All PGE Ulubelu Area
in Ulubelu Area Employees
Fraud Awareness SH PNRE 2024 5 November 2024 Fungsi Audit Executive PGE Seluruh Perwira PGE
"Ignite Clean Energy by Zero Fraud berkolaborasi dengan dan PPI
and Whistle Blowing System" Fungsi Audit Executive PPI All PGE and PPI
Fraud Awareness SH PNRE 2024 PGE Audit Executive Employees
“Ignite Clean Energy by Zero Fraud and Function in collaboration
Whistleblowing System” with PP Audit Executive
FunctionI
Sosialisasi Sistem Manajemen Anti 22 November 2024 Fungsi Audit Executive Seluruh Perwira PGE
Penyuapan (SMAP) dalam acara berkolaborasi dengan Area Ulubelu dan
Vendor Day 2024 Ulubelu X Lumut Fungsi Compliance dan Lumut Balai
Balai Area Ulubelu dan Lumut All PGE Ulubelu and
Anti-Bribery Management System Balai Lumut Balai Area
Dissemination on the 2024 Vendor Day PGE Audit Executive Employees
Ulubelu X Lumut Balai Function in collaboration
with Compliance Function,
Ulubelu Area, and Lumut
Balai Area
534 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 535
Jumlah Pengaduan dan Sanksi/ Number of Complaints and
Tindak Lanjut Pengaduan melalui Sanctions/Follow-Up Actions through
WBS di Tahun 2024 WBS in 2024
Seluruh pengaduan dikelola secara terpusat oleh All complaints are centrally handled by IWF Function
Fungsi IWF PT Pertamina (Persero) bekerja sama of PT Pertamina (Persero) in cooperation with an
dengan konsultan independen yang ditunjuk oleh PT independent consultant appointed by PT Pertamina
Pertamina (Persero). Fungsi IWF juga dapat (Persero). The IWF Function may also delegate the
melimpahkan proses investigasi kepada pihak PGE investigation process to PGE when necessary.
apabila diperlukan.
Pada tahun 2024 terdapat empat pengaduan untuk In 2024, there were four complaints about PT PGE
entitas PT PGE yang diterima melalui kanal WBS received through the WBS channel of PT Pertamina
PT Pertamina (Persero) dengan kategori irregularities. (Persero) with irregularities category. The investigation
Tindak lanjut atas pengaduan tersebut adalah dua process for two complaints has been completed and
pengaduan telah selesai dilakukan proses pemeriksaan these complaints have been followed up as per the
serta telah ditindaklanjuti sesuai dengan kebijakan dan company policies and regulations, while two other
peraturan perusahaan, dan dua laporan lainnya masih complaints
dalam proses penanganan lebih lanjut.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 535
Page 536
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
KEBIJAKAN ANTI KORUPSI
ANTI-CORRUPTION POLICY
Perseroan telah memiliki beberapa kebijakan terkait The Company has established several policies related
Anti Korupsi dan Gratifikasi yang diatur dalam Kode to Anti-Corruption and Gratuities regulated in the
Etik, Traktat Kebijakan Anti Korupsi, dan Pedoman Code of Ethics, Anti-Corruption Policy Treaty, and
Pengendalian Gratifikasi. Gratuity Control Manual.
Guna memperkuat proses identifikasi, pencegahan dan In a bid to strengthen the process of identifying,
pendeteksian indikasi penyuapan, Perseroan juga telah preventing, and detecting indications of bribery, the
menerapkan Sistem Manajemen Anti Penyuapan Company has also implemented an Anti-Bribery
(SMAP) berdasarkan ISO 37001:2016 yang Management System (ABMS) based on ISO
terintegrasi dengan Geothermal Integrated 37001:2016, which is integrated with the Geothermal
Management System (GIMS) sejak tahun 2020. Integrated Management System (GIMS) from 2020.
Hingga akhir tahun 2024, jumlah wilayah operasional As of the end of 2024, the number of PGE operational
PGE yang telah mendapatkan sertifikasi ISO areas that has obtained ISO 37001:2016 certification
37001:2016 adalah: is:
1. PGE Kantor Pusat 1. PGE Head Office
2. PGE Area Lumut Balai 2. PGE Lumut Balai Area
3. PGE Area Kamojang 3. PGE Kamojang Area
4. PGE Area Lahendong 4. PGE Lahendong Area
5. PGE Area Karaha 5. PGE Karaha Area
6. PGE Area Ulubelu 6. PGE Ulubelu Area
Penerapan Anti Korupsi Anti-Corruption Enforcement
Perseroan senantiasa menerapkan prinsip 4 NO’s The company consistently applies the 4 NO’s principle
sebagai langkah yang memadai untuk memastikan as an adequate measure to ensure that the AMBS
bahwa penerapan SMAP tersebut terinternalisasi di implementation is internalized throughout all elements
seluruh elemen dan personel organisasi. Adapun and personnel of the organization. The principles of
prinsip 4 NO’s sebagai berikut: the 4 NO’s is as follows:
Bribery Luxurious
Hindari/menolak segala
Hospitality
NO
bentuk suap menyuap Hindari/menolak
dan pemerasan penyambutan
Avoid/reject all forms of dan jamuan yang berlebihan
bribery and extortion. Avoid/refuse excessive welcome
and luxurious hospitality
Kickback Gift
Hindari/menolak meminta Hindari/menolak penerimaan/ pemberian
komisi, tanda terima kasih baik hadiah atau gratifikasi yang bertentangan
dalam bentuk uang dan dalam dengan peraturan dan ketentuan yang
bentuk lainnya berlaku
Avoid/refuse to ask for commission, Avoid/reject the acceptance/giving of gifts or
gratitude in the form of money and gratuities that are contrary to applicable rules
other forms and regulations.
536 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 537
a. No Bribery (hindari/menolak segala bentuk suap menyuap dan pemerasan).
b. No Kickback (hindari/menolak meminta komisi, tanda terima kasih baik dalam bentuk uang dan dalam
bentuk lainnya).
c. No Gift (hindari/menolak penerimaan/ pemberian hadiah atau gratifikasi yang bertentangan dengan
peraturan dan ketentuan yang berlaku).
d. No Luxurious Hospitality (hindari/menolak penyambutan dan jamuan yang berlebihan).
a. No Bribery (avoid/reject all forms of bribery and extortion).
b. No Kickback (avoid/reject soliciting commission and gratitude gestures, be it in the form of money or
others).
c. No Gift (avoid/reject receiving/giving gifts or gratuities that contract applicable regulations and
provisions).
d. No Luxurious Hospitality (avoid/reject excessive receptions and hospitality).
Pekerja PGE maupun mitra kerja atau pihak eksternal PGE Employees and work partners or other external
lainnya dapat berperan aktif dalam mencegah tindak parties can play an active role in preventing acts of
penyuapan maupun korupsi dengan melaporkan bribery and corruption by reporting allegations that
dugaan yang terjadi di lingkungan Perseroan dan/atau occur within the Company and/or to the Company
personel Perseroan melalui saluran pelaporan WBS personnel through the WBS reporting channel that is
yang dikelola secara tersentralisasi oleh fungsi Internal centrally managed by the Internal Audit Function of PT
Audit PT Pertamina (Persero) bekerja sama dengan Pertamina (Persero) in cooperation with an independent
konsultan independen (Deloitte). consultant (Deloitte).
Untuk memastikan penerapan praktik anti korupsi In order to ensure that the implementation of anti-
terinternalisasi di seluruh lini usaha, Perseroan corruption practices is internalized in all lines of
mewajibkan pekerja untuk memberikan pernyataan business, the Company mandates employees to provide
komitmen dan pelaporan dalam Portal GCG Perseroan a statement of commitment and report on the Corporate
yaitu sebagai berikut: GCG Portal as follows:
• Kewajiban pelaporan penerimaan atau penolakan • Mandatory monthly reporting of the acceptance
gratifikasi setiap bulan. or rejection of gratuities.
• Pernyataan bahwa telah memahami dan mematuhi • Annual statement of understanding and compliance
Kode Etik satu kali setahun. with the Code of Ethics.
• Pernyataan tidak adanya benturan kepentingan • Annual statement of no conflict of interests.
satu kali setahun.
Di samping itu, perwira PGE juga telah mengikuti In addition, PGE employees have also attended training
pelatihan dan sosialisasi terkait anti korupsi selama and dissemination sessions related to anti-corruption
tahun 2024. Informasi lengkap terkait kegiatan throughout 2024. Detailed information regarding
pelatihan dan sosialisasi terkait Kode Etik terdapat training and dissemination activities related to the
pada sub bab Internalisasi dan Monitoring Penerapan Code of Ethics can be found in the Internalization and
GCG serta sub bab Sosialisasi Whistleblowing System Monitoring of GCG Implementation sub-chapter and
(WBS) pada Bab Tata Kelola Perusahaan ini. the Whistleblowing System (WBS) Dissemination sub-
chapter of the Corporate Governance Chapter.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 537
Page 538
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
KEBIJAKAN GRATIFIKASI
GRATUITY POLICY
Perseroan telah menetapkan pedoman terkait The Company has established a manual related to
pengendalian gratifikasi untuk mendukung penerapan, gratuity control to support the implementation,
penegakan, dan kepatuhan terhadap pelaporan enforcement, and compliance with gratuity reporting.
gratifikasi. Aturan ini tercantum dalam Pedoman This regulation is set out in the Manual for Gratuities,
Gratifikasi, Penolakan, Penerimaan, Pemberian Rejection, Acceptance, Giving Gifts/Souvenirs and/or
Hadiah/Cinderamata dan/atau Hiburan Entertainment Number A-015/PGE000/2018-S9, as
(Entertainment) No. A-015/PGE000/2018-S9, yang amended to the Gratuity Control Manual Number
kemudian diperbarui menjadi Pedoman Pengendalian A-002/PGE000/2022-S9.
Gratifikasi No. A-002/PGE000/2022-S9.
Pedoman gratifikasi tersebut telah dimuat di dalam The gratuity control manual has been published on the
situs web Perseroan https://www.pge.pertamina.com/ Company website https://www.pge.pertamina.com/
M e d i a / U p l o a d s / ke b e r l a n j u t a n / fi l e / A n t i % 2 0 M e d i a / U p l o a d s / ke b e r l a n j u t a n / fi l e / A n t i % 2 0
bribery%20Campaign%20-%202023.pdf. bribery%20Campaign%20-%202023.pdf.
Pengelolaan Gratifikasi Gratuity Management
Dalam mendukung penerapan Pedoman Pengendalian In supporting the implementation of the Gratuity
Gratifikasi, Perseroan telah membentuk Tim Unit Control Manual, the Company has established a
Pengendalian Gratifikasi (UPG) yang bertanggung Gratuity Control Unit Team (UPG), which is responsible
jawab dalam pengembalian gratifikasi di Perseroan. for returning gratuities at the Company. The Company
Adapun Tim Unit Pengendalian Gratifikasi Perseroan Gratuity Control Unit Team consists of:
terdiri dari:
Pembina : Direktur Keuangan selaku Koordinator Penerapan dan Pemantauan GCG
Advisor : Director of Finance as Coordinator of GCG Implementation and Monitoring
Ketua :
Chief Audit Executive
Chairperson :
Wakil Ketua : Vice President Planning & Risk Management
Deputy Chairperson :
Sekretaris l : Manager Legal & Compliance
Secretary I :
Sekertaris ll : Manager Internal Audit Finance & Business Support
Secretary II :
Anggota : Manager Internal Audit Operation & Infrastructure
Members : Auditor I Finance & Business Support
Auditor I Operation & Infrastructure
Sr. Officer II Compliance
538 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 539
Laporan Gratifikasi Tahun 2024 2024 Gratuity Report
Setiap tahun, seluruh pekerja PGE wajib melaporkan Each year, all PGE employees are required to report
penerimaan atau penolakan gratifikasi melalui portal the acceptance or rejection of gratuities through PGE’s
GCG PGE. Sepanjang tahun 2024, Perseroan tidak GCG portal. Throughout 2024, the Company received
menerima laporan terkait penerimaan dan/atau no reports related to the acceptance and/or rejection
penolakan gratifikasi di lingkungan Perseroan. of gratuities within the Company.
Sosialisasi Kebijakan Gratifikasi Gratuity Policy Dissemination
Informasi lengkap terkait kegiatan pelatihan dan Detailed information regarding training and
sosialisasi terkait Kode Etik terdapat pada sub bab dissemination activities related to the Code of Ethics
Internalisasi dan Monitoring Penerapan GCG serta sub can be found in the Internalization and Monitoring of
bab Sosialisasi Whistleblowing System (WBS) pada GCG Implementation sub-chapter and the
Bab Tata Kelola Perusahaan ini. Whistleblowing System (WBS) Dissemination
sub-chapter in the Corporate Governance Chapter.
LAPORAN HARTA KEKAYAAN
PENYELENGGARA NEGARA (LHKPN)
STATE OFFICIAL WEALTH REPORT (LHKPN)
PT Pertamina (Persero) selaku perusahaan induk atau PT Pertamina (Persero) as the holding company of PGE
holding PGE memiliki kebijakan terkait kepatuhan has established a policy regarding compliance with the
Laporan Harta Kekayaan Penyelenggaraan Negara State Official Wealth Report (LHKPN), outlined in the
(LHKPN) yang diatur di dalam Pedoman Kewajiban Manual for Mandatory Submission of LHKPN Number
Penyampaian LHKPN No. A-13- 001/ A-13- 001/N00200/2021-S9. This policy applies to
N00200/2021-S9. Kebijakan ini berlaku bagi seluruh all entities within the Pertamina Group.
entitas Pertamina Grup.
Pemberlakuan kebijakan tersebut di PGE diatur The adoption of the policy in PGE is regulated based
berdasarkan Akta No. 50 tanggal 25 Februari 2022 on Deed Number 50 dated 25 February 2022, which
yang mewajibkan pelaporan LHKPN mulai dari level requires LHKPN reporting starting from the assistant
asisten manajer/setara sampai dengan Direksi dan manager/equivalent level up to the Board of Directors
Dewan Komisaris. Pada tahun 2024, terdapat 215 and the Board of Commissioners. In 2024, the Company
orang wajib lapor LHKPN dari seluruh unit kerja yang had 215 employees from all existing work units who
ada dengan tingkat kepatuhan sebesar 100%. were required to report their LHKPN, with a 100%
compliance rate.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 539
Page 540
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
PERDAGANGAN ORANG DALAM
INSIDER TRADING
Seluruh informasi yang tidak tersedia untuk publik dan All information that is not open for the public and may
berpotensi memengaruhi harga saham, membuka potentially affect stock prices allows the possibility of
peluang terjadinya perdagangan orang dalam atau insider trading, a situation in which someone conducts
insider trading, yaitu sebuah situasi ketika seseorang stock trading based on secret information known from
melakukan transaksi saham berdasarkan informasi the Company’s insider.
rahasia yang diketahui dari orang dalam Perseroan.
Kebijakan larangan insider trading Perseroan mencakup The Company’s policy of prohibiting insider trading
pengaturan transaksi saham Perseroan yang dilakukan covers regulations on Company stock trading
oleh pekerja Perseroan dan setiap pihak tertentu yang conducted by the Company’s employees and any
memiliki informasi material dan informasi rahasia yang other parties who possess material information and
belum menjadi informasi publik (informasi orang non-public information (insider information).
dalam/ insider information).
Penerapan kebijakan insider trading berlaku di seluruh The insider trading policy applies across the Company’s
lingkungan Perseroan, termasuk Afiliasi Perseroan. environment, including Company Affiliates. For public
Agar dapat diketahui oleh semua pihak, kebijakan cognizance, PGE insider trading policy is published on
insider trading PGE dimuat di dalam situs web Perseroan the Company website https://www.pge.pertamina.
https://www.pge.pertamina.com/Media/Uploads/ c o m / M e d i a / U p l o a d s / k e b e r l a n j u t a n / fi l e /
ke b e r l a n j u t a n / fi l e / Ke b i j a ka n % 2 0 I n s i d e r % 2 0 Kebijakan%20Insider%20Trading%20PGEO-2.pdf.
Trading%20PGEO-2.pdf.
Dasar Hukum Penerapan Legal Basis for the Implementation
Kebijakan insider trading disusun berlandaskan pada The insider trading policy was formulated based on the
peraturan perundang-undangan yang berlaku sebagai following laws and regulations:
berikut:
1. UU No. 8 Tahun 1995 tentang Pasar Modal. 1. Law Number 8 of 1995 on Capital Markets.
2. Peraturan OJK No. 31/POJK.04/2015 tentang 2. Regulation of the Financial Services Authority
Keterbukaan atas lnformasi atau Fakta Material Number 31/POJK.04/2015 on Disclosure of
oleh Emiten atau Perusahaan Publik. Material Information or Facts by Issuers or Public
Companies.
3. Peraturan OJK No. 60/POJK.04/2015 tentang 3. Regulation of the Financial Services Authority
Keterbukaan lnformasi Pemegang Saham Tertentu. Number 60/POJK.04/2015 on Disclosure of
4. Peraturan OJK No. 78/POJK.04/2017 tentang Information by Certain Shareholders.
Transaksi Efek Yang Tidak Dilarang Bagi Orang 4. Regulation of the Financial Services Authority
Dalam. Number 78/POJK.04/2017 on Securities Trading
5. Surat Keputusan Bursa Efek Indonesia Nomor That is Not Prohibited for Insiders.
Kep-00061/BEl/07-2021 tentang Peraturan 5. Decree of the Indonesia Stock Exchange Number
Nomor II-A tentang Perdagangan Efek Bersifat Kep-00061/BEl/07-2021 on Rule Number II-A
Ekuitas. regarding Trading of Equity Securities.
6. Peraturan lain yang terkait dengan kebijakan ini. 6. Other regulations related to this policy.
540 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 541
Kriteria Orang Dalam dan Informasi Criteria for Insiders and Material
Material dan Rahasia and Confidential Information
Dalam kebijakan ini, yang dimaksud orang dalam In this policy, insiders shall have the following meanings:
adalah:
1. Komisaris, Direktur, atau Perwira PGE. 1. Commissioners, Directors, or PGE Employees.
2. Pemegang saham utama PGE. 2. Ultimate shareholders of PGE.
3. Orang perseorangan yang karena kedudukan 3. Individuals who, due to their position or profession
atau profesinya atau karena hubungan usahanya or their business relationship with PGE, are able to
dengan PGE memungkinkan orang tersebut obtain insider information.
memperoleh informasi orang dalam.
4. Pihak yang dalam waktu 6 enam bulan terakhir 4. Parties within the last 6 months are no longer
tidak lagi menjadi pihak sebagaimana dimaksud considered as parties as referred to in points 1, 2,
dalam angka 1,2, dan 3. and 3.
Sementara yang dimaksud informasi material dan Meanwhile, material information and confidential
informasi rahasia adalah: information are defined as follows:
1. Informasi material: Informasi terkait PGE atau 1. Material information: Information on PGE or
fakta penting dan relevan mengenai peristiwa, significant and relevant facts about events,
kejadian, atau fakta yang dapat memengaruhi occurrences, or facts that would affect stock prices
harga saham pada Bursa Efek dan/atau keputusan on the Stock Exchange and/or decisions of
pemodal, calon pemodal, atau pihak lain yang investors, prospective investors, or other parties
berkepentingan atas informasi atau fakta tersebut. interested in such information or facts.
2. Informasi rahasia: Semua data atau informasi 2. Confidential information: All non-public data,
atau fakta mengenai PGE dan/atau Entitas Anak information, or facts regarding PGE and/or PGE’s
PGE yang tidak ditujukan untuk umum, termasuk Subsidiaries, including but not limited to
namun tidak terbatas pada data/informasi/fakta commercial, financial, and technical data/
yang bersifat komersial, keuangan, teknis, serta information/facts, as well as data related to
data terkait, vendor, supplier, rekanan bisnis, baik vendors, suppliers, and business partners, whether
tertulis maupun tidak tertulis, machine readable, written, oral, machine readable, recorded
direkam secara elektronik ataupun dalam bentuk electronically or in other forms stated in writing as
lainnya yang dinyatakan secara tertulis sebagai confidential information or is clearly required by
informasi rahasia ataupun secara alamiah dan/ laws and regulations to be treated as confidential,
atau menurut peraturan perundang-undangan or in general should be treated as confidential.
secara jelas harus diperlakukan rahasia, atau
secara umum patut diperlakukan rahasia.
Periode Blackout Blackout Period
Periode blackout adalah periode tertentu dimana The blackout period is a specific period of time when
orang dalam Perseroan yang memiliki informasi certain Company insiders who possess material
material dilarang melakukan transaksi atau jual-beli information are prohibited from trading or buying and
saham, termasuk namun tidak terbatas kepada: selling shares, including but not limited to:
a. Memberikan perintah atau instruksi untuk a. Issue orders or instructions to buy or sell PGE
melakukan transaksi jual maupun beli saham PGE. shares.
b. Memengaruhi pihak lain untuk melakukan transaksi b. Influence others to engage in stock trading by
saham dengan cara memberikan informasi material providing material information as an insider for
sebagai orang dalam untuk keuntungan personal gain.
pribadinya.
Pada saat pengumuman periode blackout, orang When the blackout period is announced, insiders with
dalam yang masih memiliki perintah transaksi saham pending trading orders must cancel the orders.
yang belum dilaksanakan wajib membatalkan perintah
tersebut.
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07 TATA KELOLA PERUSAHAAN
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Yang termasuk di dalam periode blackout adalah: Types of blackout period include:
1. Berkala: Sejak 10 hari kalender sebelum 1. Regular: From 10 (ten) calendar days prior to
Perseroan menyampaikan Laporan Keuangan the release of Company’s quarterly, semi-annual,
kuartal, tengah tahun atau tahunan sampai or annual financial reports until the date of
dengan tanggal dilakukannya keterbukaan disclosure of financial report information;
informasi atas laporan keuangan tersebut;
2. Insidental: Sejak suatu aksi korporasi signifikan 2. Incidental: After a significant corporate action
yang dilakukan oleh Perseroan mendapatkan received final approval from the Company (Board
persetujuan final (persetujuan Dewan Komisaris of Commissioners’ approval or General Meeting
atau RUPS) sampai dengan dilakukannya of Shareholders) until information on the corporate
keterbukaan informasi atas aksi korporasi tersebut. action has been made to the public. Any significant
Setiap aksi korporasi signifikan akan diumumkan corporate action will be announced by the
oleh Perseroan. Company.
Pelanggaran dan Sanksi Insider Violation and Sanctions for Insider
Trading Trading
Selama tahun 2024, tidak terdapat pelanggaran Throughout 2024, there were no insider trading
insider trading di dalam Perseroan. Perseroan secara violations within the Company. The Company also
berkala juga melakukan sosialisasi terhadap regularly conducts dissemination to prevent insider
pencegahan insider trading, untuk mencegah trading, to deter governance violations and impose
pelanggaran tata kelola dan sanksi atas pelanggaran sanctions for any violations.
tersebut.
Apabila terbukti melakukan pelanggaran insider In the event of insider trading violation, the Company
trading, Perseroan dapat memberikan sanksi sebagai may impose the following sanctions:
berikut:
1. Apabila orang dalam adalah pekerja PGE, maka 1. If the insider is an employee of PGE, the sanctions
sanksi mengacu pada Perjanjian Kerja Bersama will refer to the prevailing Collective Bargaining
(PKB) yang berlaku dengan sanksi terberat berupa Agreement, with the severest sanction being the
Pemutusan Hubungan Kerja (PHK) yang Termination of Employment (PHK) and it will be
penetapannya ditetapkan oleh komite disiplin determined by the Company’s disciplinary
Perseroan. committee.
2. Apabila orang dalam adalah anggota Dewan 2. If the insider is a member of the Board of
Komisaris atau anggota Direksi Perseroan atau Commissioners or a member of the Board of
Entitas Anak Perseroan, maka sanksi akan Directors of the Company or its Subsidiaries, the
dikenakan sesuai dengan yang ditentukan dalam sanctions will be imposed in accordance with the
Anggaran Dasar yang mengacu kepada UU No. provisions of the Articles of Association referring to
8 Tahun 1995 tentang Pasar Modal (Pasal 104). Law No. 8 of 1995 on Capital Markets (Section
3. Apabila orang dalam adalah pihak yang memiliki 104).
hubungan usaha dengan Perseroan atau Entitas 3. If the insider is a party who has business relations
Anak Perseroan, maka sanksi dapat berakibat with the Company or the Company or its
pada pembatalan kerja sama dan pihak tersebut Subsidiaries, the sanction may result in cancellation
bertanggung jawab penuh sesuai dengan of cooperation and the party is fully responsible
peraturan perundang-undangan yang berlaku. under the prevailing laws and regulations.
542 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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KEBIJAKAN PEMBERIAN
KOMPENSASI JANGKA PANJANG
POLICY FOR PROVIDING LONG-TERM COMPENSATION
Program MESOP MESOP Program
Perseroan menerapkan kebijakan pemberian The Company adopts a policy of providing long-term
kompensasi jangka panjang melalui program Opsi compensation through the Management and Employee
Pembelian Saham kepada Manajemen dan Karyawan Stock Option Plan (MESOP).
atau Management and Employee Stock Option Plan
(MESOP).
Jumlah Saham dan Hak Opsi Total of Shares and Option Rights of
Program MESOP MESOP Program
Sesuai dengan Keputusan Pemegang Saham secara Based on the Circular Resolution of Shareholders dated
Sirkuler tanggal 27 Januari 2022 sebagaimana 27 January 2022 as outlined in Deed No. 12/2022,
tertuang dalam Akta No. 12/2022, Perseroan the Company shall allocate a maximum of 1.50% (one
mengalokasikan sebanyak-banyaknya sebesar 1,50% point five zero percent) of the Company's issued and
(satu koma lima nol persen) dari modal ditempatkan fully paid-up capital after the Initial Public Offering
dan disetor penuh Perseroan setelah Penawaran Umum (IPO) or a maximum of 630,398,000 (six hundred
Saham Perdana atau Initial Public Offering (IPO) atau thirty million three hundred ninety-eight thousand)
sebanyak-banyaknya 630.398.000 (enam ratus tiga shares for the MESOP program.
puluh juta tiga ratus sembilan puluh delapan ribu)
saham untuk program MESOP.
Hak opsi dalam program MESOP dapat digunakan The option rights in the MESOP program may be
oleh manajemen dan karyawan Perseroan dan Entitas exercised by the management and employees of the
Anak untuk membeli saham baru Perseroan, dengan Company and its Subsidiaries to purchase new shares
periode pelaksanaan yang dibuka maksimal dua kali of the Company. The maximum open exercise period is
dalam satu tahun dengan jangka waktu 30 hari bursa two times in one year, with 30 trading days for each
setiap periode pelaksanaan. Seluruh hak opsi program exercise period. All MESOP options have a validity
MESOP memiliki masa laku sampai dengan 26 Januari period of until 26 January 2027.
2027.
Tahapan Pendistribusian Hak Opsi Option Right Distribution Stages
Pendistribusian hak opsi dilakukan dalam empat The distribution of option rights is conducted in four
tahapan, yaitu: stages, namely:
Tahap I : Maksimal 40% (empat puluh persen) dari Stage I: A maximum of 40% (forty percent) of the
jumlah hak opsi yang dapat diterbitkan dalam program number of option rights that may be issued under the
MESOP diterbitkan dan dialokasikan paling lambat MESOP program will be issued and allocated no later
empat bulan terhitung sejak tanggal pencatatan saham than four months as of the listing date of the Company's
Perseroan di BEI. shares on the IDX.
Tahap II : Maksimal 40% (empat puluh persen) dari Stage II: A maximum of 40% (forty percent) of the
jumlah hak opsi yang dapat diterbitkan dalam program number of options rights that may be issued under the
MESOP, dimana jumlah tersebut ditentukan dengan MESOP program, in an amount to be determined by
mempertimbangkan kinerja Perseroan dan considering the performance of the Company and
mendapatkan persetujuan Dewan Komisaris, diterbitkan obtaining the approval of the Board of Commissioners,
2024 Annual Report PT Pertamina Geothermal Energy Tbk 543
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
dan dialokasikan pada Ulang Tahun Pertama Tanggal shall be issued and allocated on the First Anniversary
Pencatatan Saham Perseroan di BEI. of the Company's Listing Date on the IDX.
Tahap III : Sisa dari jumlah hak opsi yang dapat Stage III : The remaining number of option rights that
diterbitkan dalam program MESOP setelah dikurangi may be issued under the MESOP program after
dengan alokasi Tahap II, dengan jumlah yang akan deducting the Stage II allocation, in an amount to be
ditentukan kemudian dengan mempertimbangkan determined later by considering the performance of the
kinerja Perseroan dan mendapatkan persetujuan Company and obtaining the approval of the Board of
Dewan Komisaris, akan diterbitkan dan dialokasikan Commissioners, shall be issued and allocated on the
pada Ulang Tahun Kedua Tanggal Pencatatan Saham Second Anniversary of the Company's Listing Date on
Perseroan di BEI. the IDX.
Tahap IV : Sisa dari jumlah hak opsi yang dapat Stage IV: The remaining number of option rights that
diterbitkan dalam program MESOP setelah dikurangi may be issued under the MESOP program after
dengan alokasi Tahap III, dengan jumlah yang akan deducting the Stage III allocation, in an amount to be
ditentukan kemudian dengan mempertimbangkan determined later by considering the performance of the
kinerja Perseroan dan mendapatkan persetujuan Company and obtaining the approval of the Board of
Dewan Komisaris, akan diterbitkan dan dialokasikan Commissioners, shall be issued and allocated on the
pada Ulang Tahun Ketiga Tanggal Pencatatan Saham Third Anniversary of the Company's Listing Date on the
Perseroan di BEI. IDX.
Peserta Program MESOP Participants of MESOP Program
Peserta program MESOP adalah Direksi, Dewan Participants of the MESOP program are the Board of
Komisaris (kecuali Komisaris Independen), dan Directors, the Board of Commissioners (excluding
karyawan tetap dan tidak tetap Perseroan yang aktif Independent Commissioners), and permanent and
bekerja dan memenuhi ketentuan pada saat Program nonpermanent employees of the Company who are
MESOP ditawarkan. actively employed and meet the requirements when the
MESOP Program is offered.
Tidak ada ketentuan yang mengatur mengenai There are no provisions on early termination or
penghentian lebih awal atau perpanjangan Program extension of the MESOP Program except for the above
MESOP kecuali ketentuan sebagaimana disebutkan di mentioned. Participants of the MESOP Program will be
atas. Peserta Program MESOP akan ditetapkan oleh determined by the Company's Board of Directors no
Direksi Perseroan paling lambat 14 hari kalender later than 14 (fourteen) calendar days before the
sebelum diterbitkannya hak opsi untuk setiap tahap I, issuance of option rights for each Stage I, Stage II,
tahap II, tahap III, dan tahap IV. Stage III, and Stage IV.
Masa Tunggu dan Periode Vesting Period and Exercise Period
Pelaksanaan
Peserta yang akan menggunakan hak opsi untuk Participants who exercise their option rights to purchase
membeli saham, wajib membayar secara penuh harga shares shall fully pay the exercise price and taxes
pelaksanaan dan pajak-pajak yang timbul dalam incurred upon exercising the choice right. Costs
rangka pelaksanaan hak opsi tersebut. Biaya associated with the implementation of the MESOP
pelaksanaan dari Program MESOP selain yang program other than those stated above will be borne
disebutkan di atas akan ditanggung oleh Perseroan by the Company using its own cash, and the Company
dengan kas internal Perseroan dan Perseroan tidak will not charge such costs to the costs related to the
akan membebankan biaya tersebut ke dalam biaya- implementation of the Initial Public Offering.
biaya terkait dengan pelaksanaan Penawaran Umum
Perdana Saham.
Hak opsi yang dibagikan akan terkena masa tunggu The distributed option rights will be subject to a vesting
pelaksanaan (vesting period) di mana peserta Program period, during which MESOP Program participants
MESOP belum dapat menggunakan hak opsinya untuk cannot yet exercise their option rights to purchase new
membeli saham baru Perseroan. Vesting period tahap shares of the Company. The vesting period for the first
544 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 545
pertama adalah sampai dengan penerbitan tahap stage is valid until the issuance of the second stage,
kedua, sedangkan vesting period untuk tahap while the vesting period for subsequent stages is 6
berikutnya adalah enam bulan sejak diterbitkan atau months as of the date of issuance or the first exercise
tanggal pelaksanaan pertama sejak diterbitkan. date following the issuance.
Sehubungan dengan masa pelaksanaan hak opsi In regards to the exercise period of option rights, the
(exercise period), Direksi Perseroan akan menentukan Board of Directors will determine a specific period
periode tertentu yang akan merupakan jangka waktu which will constitute the exercise period (exercise
pelaksanaan hak opsi (window exercise). Window window). The exercise window will be opened twice
exercise akan dibuka sebanyak-banyaknya dua kali per year, maximum, with each exercise window having
dalam satu tahun dengan setiap window exercise a duration of 30 (thirty) Trading Days.
memiliki jangka waktu 30 Hari Bursa.
Harga Pelaksanaan Program Exercise Price of MESOP Program
MESOP
Harga pelaksanaan (exercise price) ditetapkan Exercise price will be determined based on the
mengacu pada ketentuan yang tercantum dalam provisions stated in the Listing Regulations. The
Peraturan Pencatatan. Prosedur dan tata cara Program procedures and manual for the MESOP program will
MESOP ditetapkan oleh Direksi Perseroan dengan be established by the Board of Directors, by taking into
memperhatikan ketentuan dan peraturan perundang- account the applicable laws and regulations, including
undangan yang berlaku, yakni sekurang-kurangnya provision on obtaining at least 90% (ninety percent) of
90% (sembilan puluh persen) dari rata-rata harga the average closing price of the Company's shares over
penutupan saham Perseroan selama kurun waktu 25 a period of 25 (twenty-five) consecutive Trading Days
(dua puluh lima) Hari Bursa berturut-turut di Pasar on the Regular Market before the listing application is
Reguler sebelum permohonan pencatatan dilakukan ke submitted to the Indonesia Stock Exchange (IDX).
BEI.
Tahapan Program MESOP Harga Pelaksanaan Referensi 25 Hari Bursa
MESOP Program Stages Exercise Price Reference to 25 Trading Days
Tahap I Rp648 24 Maret - 8 Mei 2023
Stage I 24 March - 8 May 2023
Tahap II Rp1.087 7 Desember 2023 - 15 Januari 2024
Stage II 7 December 2023 - 15 January 2024
PERLINDUNGAN HAK KREDITUR
CREDITOR RIGHTS PROTECTION
PGE berkomitmen untuk melindungi hak kreditur, antara PGE is committed to protecting creditor rights, including
lain hak untuk mendapatkan pembayaran pokok utang the right to receive timely payment of principal and
dan bunga secara tepat waktu dengan jumlah sesuai interest in amounts as specified. The PGE Creditor
dengan yang ditentukan. Komitmen Perlindungan Hak Rights Protection commitment can on the Company's
Kreditur PGE dapat dilihat dalam situs web Perseroan website: https://www.pge.pertamina.com/Media/
https://www.pge.pertamina.com/Media/Uploads/ Uploads/keberlanjutan/file/PERLINDUNGAN%20
keberlanjutan/file/PERLINDUNGAN%20HAK%20 HAK%20KREDITUR%20-%20PGE%20Bilingual.pdf.
KREDITUR%20-%20PGE%20Bilingual.pdf.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 545
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
PENGADAAN BARANG DAN JASA
GOODS AND SERVICES PROCUREMENT
Untuk menunjang kegiatan operasional, Perseroan In supporting operational activities, the Company
memiliki mekanisme pengadaan barang dan jasa yang established a structured mechanism for procuring goods
dijalankan secara terstruktur sesuai pedoman dan Tata and services conducted by the applicable
Kelola Organisasi (TKO) yang berlaku. Mekanisme Organizational Governance (TKO). The goods and
pengadaan barang dan jasa dimulai dari permintaan services procurement mechanism starts with the request
barang dan jasa dari fungsi pengguna (user), yang for goods and services from the user function, which is
dilengkapi dengan dokumen-dokumen untuk memenuhi supplemented with documents to fulfill the requirements
persyaratan serta dokumen pendukung seperti and supporting documents such as Terms of Reference,
Kerangka Acuan Kerja, Owner Estimate, kriteria- kriteria Owner Estimate, evaluation criteria, and Purchase
evaluasi serta Purchase Requisition melalui sistem Requisition through the Company's Enterprise Resource
Enterprise Resource Planning (ERP) Perseroan. Planning (ERP) system.
Setelah permohonan diterima oleh fungsi Pengadaan After the request is received by the Procurement Function
dan dinyatakan lengkap, proses pengadaan akan and deemed complete, the procurement process will
dimulai menggunakan strategi pengadaan terbaik, commence using the best, most effective, and efficient
efektif dan efisien termasuk dalam hal menentukan procurement strategy, including in determining the
metode pengadaan barang dan jasa. method of procuring goods and services.
Metode pengadaan di PGE dapat dilaksanakan Procurement method in PGE is conducted through these
melalui beberapa cara, yaitu: following ways:
1. Penunjukan Langsung 1. Direct Appointment
2. Pemilihan Langsung 2. Direct Selection
3. Pelelangan 3. Direct Purchase
4. Pembelian Langsung 4. Tender
Selanjutnya, fungsi Pengadaan akan menyusun Subsequently, the Procurement Function will compile
dokumen pengadaan seperti Rencana Kerja dan Syarat procurement documents such as Work Plan and Terms,
(RKS), serta Memo Usul yang mengatur mengenai as well as Proposal Memorandum, which regulate the
persyaratan dokumen penawaran, metode evaluasi requirements for bidding documents, evaluation methods,
serta pembuatan bidder list. Pemilihan penyedia and the creation of a bidder list. The selection of goods
barang dan jasa dilaksanakan dengan mengacu and services providers is conducted in accordance with
kepada ketentuan Sistem Tata Kerja (STK). the provisions of the Work Procedure System (STK).
Pemasok yang ditunjuk atau masuk ke dalam bidder list The appointed suppliers or suppliers whose names are
harus memenuhi persyaratan yang ditentukan dan listed in the bidder list are required to meet the specified
sudah terdaftar sebagai vendor PGE atau e-vendor requirements and are already registered as PGE vendors
Pertamina, kecuali untuk metode pengadaan tender or Pertamina e-vendors, except for the open tender
terbuka. procurement method.
Proses dilanjutkan dengan penyampaian dokumen The process continues by submitting procurement and
pengadaan dan dokumen penawaran. Setelah bidding documents. After conducting evaluation and
melakukan evaluasi dan negosiasi yang dilakukan negotiations in accordance with the procurement
sesuai proses pengadaan yang dijalankan, proses process, it proceeds with the preparation of procurement
dilanjutkan dengan membuat laporan proses dan hasil process and reports as well as the appointment of the
pengadaan serta penunjukan pelaksana pekerjaan. executor. Afterwards, the contract and/or a Purchase
Tahapan dilanjutkan dengan pembuatan draft kontrak Order (PO) is made.
dan/atau pembuatan Purchase Order (PO).
Dalam pelaksanaannya, proses pengadaan barang In its implementation, the procurement process of goods
dan jasa dilaksanakan melalui koordinasi dengan and services is conducted in coordination with related
fungsi- fungsi terkait seperti fungsi Legal, Finance, functions such as Legal, Finance, HSSE, Risk
HSSE, Manajemen Risiko serta fungsi terkait yang Management, and related functions as needed.
diperlukan.
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Mengutamakan Pemasok Lokal Prioritizing Local Suppliers
PGE mengutamakan penggunaan produksi dalam PGE prioritizes the use of domestic production, national
negeri, rancang bangun dan perekayasaan nasional, design and engineering, and the expansion of
serta perluasan kesempatan bagi usaha kecil, terutama opportunities for small businesses, especially through
melalui sinergi Pertamina Incorporated dan/atau Pertamina Incorporated synergy and/or SOE synergy,
sinergi BUMN, sepanjang kualitas, harga dan tujuan as long as the quality, price and purpose can be
dapat dipertanggungjawabkan. Pemasok dari luar accounted for. Overseas suppliers are used when
negeri digunakan apabila pemasok dalam negeri tidak domestic suppliers cannot meet the Company's needs.
dapat memenuhi kebutuhan Perseroan.
Pada tahun 2024, jumlah pemasok barang dan jasa In 2024, the number of suppliers of goods and services
Perseroan tercatat sebanyak 513 pemasok dengan to the Company was recorded at 513 suppliers with
jumlah pemasok lokal mencapai 476 pemasok atau the number of local suppliers reaching 476 suppliers or
92,79% dari keseluruhan pemasok. 92.79% of all suppliers
Pemasok Barang dan Jasa
2024 2023 2022
Goods and Services Suppliers
Pemasok Lokal
476 403 268
Local Suppliers
Pemasok Global
37 40 16
Global Suppliers
Total 513 443 284
Persentase Pemasok Lokal
92,79% 90.97% 94.37%
Percentage of Local Suppliers
Kualifikasi Pemasok PGE
2024 2023 2022
PGE Supplier Qualifications
Pemasok Barang
122 112 126
Goods Suppliers
Pemasok Jasa
391 331 158
Service Suppliers
Total Pemasok PGE
513 443 284
Total PGE Suppliers
2024 Annual Report PT Pertamina Geothermal Energy Tbk 547
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Memprioritaskan Penggunaan Produk Dalam Negeri
Pada tahun 2024, proses pengadaan barang dan jasa PGE telah mensyaratkan pemenuhan Tingkat
Komponen Dalam Negeri (TKDN) kepada vendor atau pemasok, sebagai bentuk keberpihakan terhadap
industri dalam negeri dan penerapan komitmen Program Peningkatan Penggunaan Produk Dalam Negeri
(P3DN) yang dicanangkan oleh Pemerintah. Langkah tersebut juga merupakan bagian dari komitmen
Perseroan untuk menciptakan ekosistem bisnis yang mendukung pertumbuhan dan penguatan perekonomian
Indonesia.
Realisasi TKDN dalam pengadaan barang dan jasa PGE pada tahun 2024 mencapai 70%, atau melebihi
target Key Performance Indicator (KPI) minimal 40%, untuk Pengadaan Pengeboran, Kerja Ulang Reprasi
Sumur (KURS) Area Lahendong dan proyek Kotamobagu, Pengadaan Scada System dan PLC Moudle
SAGS Unit 1 & 2 Area Ulubelu, serta Pengadaan Jasa Sertifikasi, Re-Sertifikasi & Re-Engineering
Pemeriksaan Keselamatan Kerja Atas Instalasi, Peralatan & Teknik. Adapun komitmen TKDN atas seluruh
pengadaan barang dan jasa mencapai 54,72%.
Perhitungan TKDN tersebut mengacu pada Peraturan Menteri Perindustrian Nomor 16/M-IND/
PER/2/2011 Tentang Ketentuan dan Tata Cara Penghitungan Tingkat Komponen Dalam Negeri dan
Peraturan Menteri Energi Dan Sumber Daya Mineral Republik Indonesia Nomor 15 Tahun 2023 Tentang
Penggunaan Produk Dalam Negeri Pada Kegiatan Usaha Hulu Minyak Dan Gas Bumi. Proses verifikasi
dilakukan oleh PT Surveyor Indonesia sebagai Surveyor Independen.
Selain pencapaian TKDN tersebut, PGE juga ikut serta dalam mendukung pertumbuhan dan penguatan
perekonomian Indonesia dengan melaksanakan transaksi pengadaan barang dan jasa melalui platform
Pasar Digital (PaDi) Usaha Mikro Kecil dan Menengah (UMKM) milik BUMN. Sepanjang tahun 2024.
Perseroan mencatat jumlah transaksi langsung kepada UMKM sebesar Rp10.052.912.028.
Prioritizing the Utilization of Domestic Products
In 2024, PGE’s goods and services procurement process required vendors or suppliers to meet the
Domestic Component Level (TKDN), as a form of support for the domestic industry and the implementation
of the Domestic Product Usage Enhancement Program (P3DN) launched by the Government. This step is
also part of the Company’s unwavering commitment to creating a business ecosystem that supports the
growth and strengthening of the Indonesia’s economy.
The realization of TKDN in PGE’s procurement of goods and services in 2024 reached 70% or exceeded
the Key Performance Indicator (KPI) target of at least 40%. This includes the Procurement of Drilling, Well
Repair Rework (KURS) for the Lahendong Area and Kotamobagu project, Procurement of SCADA System
and PLC Module SAGS Unit 1 & 2 in the Ulubelu Area, and Procurement of Certification, Re-Certification
& Re-Engineering Services for Safety Inspection of Installation, Equipment & Engineering. The TKDN
commitment for all procurement of goods and services amounted to 54.72%.
The TKDN calculation refers to Regulation of the Minister of Industry No. 16/M-IND/PER/2/2011 on the
Provisions and Procedures for Calculating the Domestic Component Level and Regulation of the Minister
of Energy and Mineral Resources of the Republic of Indonesia No. 15 of 2023 on the Use of Domestic
Products in Upstream Oil and Natural Gas Business Activities. PT Surveyor Indonesia conducted the
verification process as an Independent Surveyor.
In addition to the TKDN achievement, PGE also participated in supporting the growth and reinforcement
of the Indonesia’s economy by conducting goods and services procurement transactions through the Pasar
Digital (PaDi) platform for state-owned Micro, Small, and Medium Enterprises (MSMEs). Throughout
2024, the Company recorded the number of direct transactions to MSMEs amounting to Rp10,052,912,028.
548 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Green Procurement dan Social Green Procurement and Social
Procurement Procurement
Perseroan berkomitmen menjalankan proses pengadaan The Company is committed to running a more
yang lebih bertanggung jawab dengan menerapkan responsible procurement process by implementing
kebijakan pengadaan berwawasan lingkungan (green green procurement policies, as well as procurement
procurement), serta kebijakan pengadaan yang policies that incorporate social and governance aspects
menerapkan aspek sosial dan tata kelola (social (social procurement).
procurement).
Melalui kebijakan ini, setiap pemasok, kontraktor, dan Under this policy, every supplier, contractor, and
mitra bisnis yang ingin bekerja sama dengan Perseroan business partner who intends to work with the Company
harus memenuhi ketentuan yang termasuk di dalam must fulfill the conditions included in the green
green procurement dan social procurement, seperti procurement and social procurement, such as the
komitmen pelestarian lingkungan serta penerapan hak commitment to environmental preservation and the
asasi manusia di seluruh rantai nilai (value chain) implementation of human rights throughout their value
mereka. chain.
Kedepannya kami juga akan menetapkan proses Going forward, we will also establish an evaluation
evaluasi penerapan green procurement dan social process for implementing green and social procurement
procurement melalui proses audit terhadap pemasok, through an audit of suppliers, contractors, and business
kontraktor, dan mitra kerja, sebagai bagian dari partners as part of monitoring compliance with the
monitoring kepatuhan terhadap kebijakan pengadaan procurement policy.
tersebut.
Penjelasan lebih lanjut terkait kebijakan green Further explanation of PGE's green procurement and
procurement dan social procurement PGE terdapat social procurement policies can be found in the
pada Bab Transformation Catalyst dalam Laporan Transformation Catalyst chapter of the 2024 PGE
Keberlanjutan PGE 2024. Sustainability Report.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 549
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
AKSES INFORMASI DAN DATA
PERSEROAN
ACCESS TO COMPANY INFORMATION AND DATA
PGE berkomitmen menyediakan akses informasi yang PGE is committed to providing access to transparent,
jelas, tepat, dan akurat kepada seluruh pemangku precise, and accurate information to all stakeholders
kepentingan dan khalayak luas melalui berbagai and the general public through various channels,
saluran, termasuk situs web www.pge.pertamina.com, including the Company's website www.pge.pertamina.
media sosial Perseroan, Laporan Tahunan, E-Magazine com, social media, Annual Report, E-Magazine
(Energia), serta partisipasi dalam berbagai pameran. (Energia), and participation in various exhibitions.
Untuk penjelasan lebih lanjut terkait informasi dan data For further explanation about the Company information
Perseroan dapat menghubungi: and data, you can contact:
SEKRETARIS PERUSAHAAN I CORPORATE SECRETARY
Grha Pertamina - Tower Pertamax Lt. 7 Jl. Medan Merdeka Timur
No. 11-13 Gambir, Jakarta Pusat 10110
Telephone : (021) 3983 3222
Fax : (021) 3983 3230
E-mail : commpge@Pertamina.com
Website : www.pge.pertamina.com
Call Center : 135
Instagram : @pge.pertamina
Facebook Fan Page : pge.pertamina
Facebook : Pertamina Geothermal Energy
YouTube : pge.pertamina
X : pgepertamina
550 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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EVALUASI PENERAPAN GCG
EVALUATION OF GCG IMPLEMENTATION
Untuk memastikan penerapan GCG telah berjalan To ensure smooth GCG implementation, PGE conducted
dengan baik, PGE secara rutin melakukan evaluasi regular evaluations by conducting assessments based
dengan melakukan penilaian berdasarkan berbagai on various GCG parameters. Evaluations are conducted
parameter GCG. Evaluasi dilakukan melalui dua through two approaches, namely by external assessors,
pendekatan, yakni oleh asesor eksternal, dan melalui and through self-assessment.
penilaian mandiri (self-assessment).
Pada tahun 2024, untuk pertama kalinya PGE In 2024, for the first time PGE conducted a self-
melakukan self-assessment berdasarkan parameter assessment based on the Asean Corporate Governance
Asean Corporate Governance (ACGS), dengan tujuan (ACGS) parameters, with the aim of improving the
meningkatkan standar dan praktik GCG Perseroan Company's GCG standards and practices in accordance
sesuai dengan standar perusahaan terbuka di kawasan with the standards of public companies in the Southeast
Asia Tenggara yang tergabung di dalam organisasi Asia region that are members of the ASEAN regional
regional ASEAN. Proses self-assessment dibantu oleh organization. The self-assessment process was assisted
konsultan independen Pratama Indomitra. by an independent consultant Pratama Indomitra.
Sebagai perusahaan yang telah go public sejak tahun As a company that has been go public since 2023, PGE
2023, PGE juga telah melakukan self-assessment has also conducted a self-assessment evaluation of
evaluasi penerapan GCG berdasarkan Peraturan GCG implementation based on the Financial Services
Otoritas Jasa Keuangan (POJK) No. 21/POJK.04/2015 Authority Regulation (POJK) No. 21/POJK.04/2015
tentang Penerapan Pedoman Tata Kelola Perusahaan on the Implementation of Public Company Governance
Terbuka dan Surat Edaran Otoritas Jasa Keuangan Manual and Financial Services Authority Circular
(SEOJK) No. 32/SEOJK.04/2015 tentang Pedoman (SEOJK) No. 32/SEOJK.04/2015 on Public Company
Tata Kelola Perusahaan Terbuka. Governance Manual.
Selain itu, PGE melakukan self-assessment evaluasi In addition, PGE conducted a self-assessment evaluation
penerapan GCG berdasarkan Pedoman Umum of GCG implementation based on the 2021 Indonesia
Governansi Korporat Indonesia (PUGKI) 2021 yang Corporate Governance Manual (PUGKI) issued by the
diterbitkan oleh Komite Nasional Kebijakan Governansi National Committee on Governance Policy (KNKG), as
(KNKG), sebagai sarana penguatan penerapan tata a means of strengthened implementation of good
kelola perusahaan yang baik sesuai prinsip-prinsip corporate governance adhering to the principles of
governansi korporat dari perspektif kalangan bisnis di corporate governance from the perspective of businesses
Indonesia. in Indonesia.
Sebagai bagian dari Holding BUMN PT Pertamina As part of PT Pertamina (Persero) SOE Holding, every
(Persero), setiap dua tahun sekali (terakhir pada tahun two years (most recently in 2022), PGE also evaluates
2022), PGE juga melakukan evaluasi penerapan GCG the implementation of GCG based on parameters that
berdasarkan parameter yang mengacu kepada Surat refer to Decree of the Secretary of the SOEs Ministry
Keputusan Sekretaris Kementerian BUMN Nomor SK- Number SK-16/S.MBU/2012 on Indicators or
16/S.MBU/2012 tentang Indikator atau Parameter Parameters for Assessment and Evaluation of the
Penilaian dan Evaluasi atas Penerapan Tata Kelola Implementation of Good Corporate Governance of
Perusahaan yang Baik (Corporate Governance) Badan State-Owned Enterprises.
Usaha Milik Negara.
Meski Surat Keputusan tersebut telah dicabut pada 16 Although the Decree has been revoked on 16 August
Agustus 2023 dan belum terdapat penggantinya, 2023 and there is no replacement, in 2024 the
pada tahun 2024 Perseroan tetap melaksanakan Company continues to conduct GCG evaluation based
evaluasi GCG berdasarkan parameter yang mengacu on parameters that refer to the Decree.
kepada Surat Keputusan tersebut.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 551
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Berdasarkan Parameter BUMN Based on SOE Parameters
Kriteria Penilaian Assessment Criteria
Indikator penilaian GCG Assessment berdasarkan GCG Assessment indicators based on SOE parameters
parameter BUMN meliputi enam aspek pokok yaitu: include six main aspects, namely:
1. Komitmen Terhadap Penerapan Tata Kelola 1. Commitment to the Sustainable Implementation of
Perusahaan yang Baik Secara Berkelanjutan Good Corporate Governance
2. Pemegang Saham dan RUPS 2. Shareholders and GMS
3. Dewan Komisaris 3. The Board of Commissioners
4. Direks 4. The Board of Directors
5. Pengungkapan Informasi dan Transparansi 5. Information Disclosure and Transparency
6. Aspek Lain 6. Other Aspects
Pihak yang Melakukan Assessment Party Conducting Assessment and
dan Hasil Assessment Assessment Results
Pihak yang melakukan Assessment atas penerapan The party that conducted the Assessment of the
GCG Perseroan berdasarkan parameter BUMN pada Company's GCG implementation based on SOE
tahun 2024 adalah PT Pratama Indomitra Konsultan, parameters in 2024 was PT Pratama Indomitra
dengan hasil skor GCG Assessment mencapai 93,85 Konsultan, with the GCG Assessment score reaching
Capaian tersebut lebih tinggi dari tahun 2022 yang 93.85. The achievement was higher than in 2022
sebesar 93,13% didorong oleh adanya pemenuhan which amounted to 93.13%, driven by the fulfillment of
rekomendasi dari hasil assessment tahun sebelumnya recommendations from the previous year's assessment
pada aspek Direksi dan Dewan Komisaris. Hal ini results on the aspects of the Board of Directors and
menunjukkan komitmen PGE untuk terus menerapkan Board of Commissioners. This is evident of PGE's
aspek GCG dalam setiap keberjalanan proses bisnis commitment to continue implementing GCG aspects in
PGE. every PGE business process.
Hasil Penilaian GCG 2024
GCG Assessment Results 2024
Skor Persentase
Bobot
Bab Aspek Pengujian GCG Assessment Capaian Pencapaian Klasifikasi
Maximum
Chapter GCG Assessment Testing Aspects Achieved Achievement Classification
Score
Score Percentage
I Komitmen Terhadap Penerapan Tata 7,000 7,00 100,00% Sangat Baik
Kelola Perusahaan Secara Berkelanjutan Very Good
Commitment to the Sustainable
Implementation of Corporate Governance
II Pemegang Saham dan Rapat Umum 9,000 8,87 98,56% Sangat Baik
Pemegang Saham (RUPS) Very Good
Shareholders and General Meeting of
Shareholders (GMS)
III Dewan Komisaris 35,000 32,38 92,50% Sangat Baik
The Board of Commissioners Very Good
IV Direksi 35,000 32,33 92,37% Sangat Baik
The Board of Directors Very Good
V Pengungkapan Informasi dan Transparansi 9,000 8,27 91,93% Sangat Baik
Information Disclosure and Transparency Very Good
VI Aspek Lainnya | Other Aspects 5,000 5,00 100,00% Sangat Baik
Very Good
Total Skor | Total Score 100,000 93,85 93,85% Sangat Baik
Very Good
552 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Skor Penilaian Assessment GCG
Assessment Score
2022 2023 2024
94,90 93,13 93,85
Sangat Baik Sangat Baik
Sangat Baik
Very Good Very Good
Very Good
Pelaksana
Pelaksana Assessor
Pelaksana Assessor
Assessor PT Sinergi Daya Prima PT Pratama Indomitra Konsultan
PT Multi Utama Indojasa
*Skor maksimum 100,00 I Maximum score 100,00
2024 Annual Report PT Pertamina Geothermal Energy Tbk 553
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Area Of Improvement Area Of Improvement
Berdasarkan hasil GCG Assessment tahun buku 2024 Based on the results of the GCG Assessment for the
terdapat rekomendasi perbaikan atau area of 2024 financial year, there are several Areas of
improvement di beberapa aspek, antara lain: Improvement or recommendations, including:
1. Aspek Pemegang Saham dan RUPS I Aspect of Shareholders and GMS
No Rekomendasi | Recommendation
1 RUPS agar dapat memberikan pengesahan/persetujuan rancangan Rencana Kerja dan Anggaran Perusahaan
(RKAP) tepat waktu, paling lambat pada saat dimulainya tahun buku yang bersangkutan dari rancangan RKAP
Tahunan Perseroan.
The GMS should be able to provide ratification/approval of the draft Company Work Plan and Budget (RKAP) on
time, no later than the start of the relevant financial year of the draft Annual RKAP of the Company.
2. Aspek Dewan Komisaris | Aspect of the Board of Commissioners
No Rekomendasi | Recommendation
1 Dewan Komisaris agar menyusun kebijakan mengenai pengawasan dan pemberian nasihat terhadap kebijakan
pengelolaan anak perusahaan/perusahaan patungan dan pelaksanaan kebijakan tersebut.
The Board of Commissioners formulates policies regarding supervision and provision of advice on subsidiary/joint
venture management policies and the implementation of such policies.
2 Dewan Komisaris agar melakukan telaah mengenai kebijakan pengelolaan anak perusahaan/perusahaan
patungan dan pelaksanaannya.
The Board of Commissioners reviews subsidiary/joint venture management policies and their implementation.
3 Dewan Komisaris agar melakukan evaluasi terhadap kebijakan pengelolaan anak perusahaan/perusahaan
patungan dan pelaksanaannya.
The Board of Commissioners evaluates subsidiary/joint venture management policies and their implementation.
4 Dewan Komisaris agar melakukan penilaian terhadap proses pengangkatan Direksi dan Dewan Komisaris anak
perusahaan/perusahaan patungan, serta memberikan penetapan tertulis (setuju atau tidak setuju) terhadap proses
pengangkatan Direksi dan Dewan Komisaris anak perusahaan/perusahaan patungan.
The Board of Commissioners assesses the process of appointing the Board of Directors and Board of Commissioners
of the subsidiary/joint venture, and provides a written determination (consenting or dissenting) on the process of
appointing the Board of Directors and Board of Commissioners of the subsidiary/joint venture.
5 Dewan Komisaris agar menetapkan secara tertulis terhadap proses pengangkatan Direksi dan Dewan Komisaris
anak perusahaan/perusahaan patungan paling lambat 15 hari kalender terhitung sejak tanggal diterimanya
calon Direksi dan Dewan Komisaris anak perusahaan/perusahaan patungan.
The Board of Commissioners determines in writing the process of appointing the Board of Directors and Board of
Commissioners of the subsidiary/joint venture no later than 15 calendar days from the date of receipt of the candidate
for the Board of Directors and Board of Commissioners of the subsidiary/joint venture.
6 Dewan Komisaris agar menyusun kebijakan dan kriteria seleksi bagi calon Direksi dan pengusulan calon tersebut
kepada Pemegang Saham.
The Board of Commissioners formulates policies and selection criteria for candidates for the Board of Directors and
proposes such candidates to Shareholders.
7 Dewan Komisaris agar memberikan usulan calon-calon anggota Direksi yang baru kepada RUPS.
The Board of Commissioners provides proposals for new candidate members of the Board of Directors to the GMS
8 Dewan Komisaris agar membuat Pakta Integritas yang dilampirkan dalam Usulan Tindakan Direksi yang harus
mendapatkan rekomendasi dari Dewan Komisaris dan persetujuan RUPS/Pemilik Modal.
The Board of Commissioners creates an Integrity Pact attached to the Proposed Board of Directors Action which must
receive recommendations from the Board of Commissioners and approval from the GMS/Capital Owners.
554 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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3. Aspek Direksi | Aspect of the Board of Directors
No Rekomendasi | Recommendation
1 Perusahaan agar membuat Rencana Kerja untuk kegiatan pelatihan bagi anggota Direksi.
The Company establishes a Work Plan for training activities for members of the Board of Directors.
2 Direksi agar menyampaikan rancangan RKAP kepada RUPS/Dewan Komisaris tepat waktu atau sesuai jadwal
waktu ditentukan, yaitu paling lambat 60 (enam puluh) hari sebelum mulainya tahun buku rancangan RKAP.
The Board of Directors submits the draft RKAP to the GMS/Board of Commissioners on time or according to the
specified time schedule, which is no later than 60 (sixty) days before the start of the draft RKAP financial year.
3 Standard Operating Procedure (SOP) dan Standar Pelayanan Minimal (SPM) agar diinformasikan secara terbuka.
The Standard Operating Procedure (SOP) and Minimum Service Standards (SPM) must be informed openly.
4 Perusahaan agar melakukan evaluasi pasca pendidikan, pelatihan, dan pengembangan karyawan perusahaan.
The Company conducts post-education, training, and employee development evaluations.
5 Direksi agar menetapkan kebijakan pengaturan untuk anak perusahaan (subsidiary governance) dan perusahaan
patungan antara lain mencakup: pengangkatan Dewan Komisaris dan Direksi, penetapan target kinerja dan
penilaian kinerja serta insentif bagi Dewan Komisaris dan Direksi.
The Board of Directors determines regulatory policies for subsidiaries (subsidiary governance) and joint ventures,
including: appointment of the Board of Commissioners and Board of Directors, determination of performance targets
and performance assessments, and incentives for the Board of Commissioners and Board of Directors.
6 Direksi agar menetapkan target kinerja dan realisasi kinerja anak perusahaan/perusahaan patungan.
The Board of Directors determines performance targets and performance realization for subsidiaries/joint ventures.
7 Direksi agar memperbarui kebijakan akuntansi dan penyusunan Laporan Keuangan yang secara best practice
diperbaharui setiap tiga tahun sekali.
The Board of Directors updates accounting policies and preparation of Financial Reports which are best practice
updated every three years.
8 Laporan Survey Kepuasan Customer agar dilengkapi dengan rekomendasi hasil survei yang harus ditindaklanjuti/
ditangani.
The Customer Satisfaction Survey Report must be equipped with recommendations from the survey results that must
be followed up/handled.
9 Perusahaan agar menyusun surat ratifikasi atas Pedoman Pendanaan PT Pertamina (Persero) atau PT Pertamina
Power Indonesia yang dapat digunakan sebagai acuan manajemen dalam pengelolaan penggunaan pinjaman
jangka panjang.
The Company prepares a letter of ratification of the Funding Guidelines of PT Pertamina (Persero) or PT Pertamina
Power Indonesia which can be used as a reference for management in managing the use of long-term loans.
10 Perusahaan agar memperbarui kebijakan mengenai metode penilaian untuk mengukur kepuasan karyawan dan
melaksanakan survei kepuasan karyawan yang secara best practice diperbaharui setiap tiga tahun sekali.
The Company updates the policy regarding the assessment method to measure employee satisfaction and conduct
an employee satisfaction survey which is best practice updated every three years.
11 Direksi agar menandatangani Pakta Integritas yang dilampirkan dalam Usulan Tindakan Direksi yang harus
mendapatkan persetujuan dari Dewan Komisaris dan/atau rekomendasi dari Dewan Komisaris dan persetujuan
RUPS/Pemilik Modal. Bila ternyata Direksi mengalami (potensi) benturan kepentingan dan tidak menandatangani
Pakta Integritas, maka anggota Direksi menyampaikan secara tertulis kepada Dewan Komisaris disertai dengan
langkah-langkah yang diambil untuk menghindari transaksi yang mengandung benturan kepentingan.
The Board of Directors signs the Integrity Pact attached to the Board of Directors' Action Proposal which must obtain
approval from the Board of Commissioners and/or recommendations from the Board of Commissioners and approval
from the GMS/Capital Owners. If it turns out that the Board of Directors experiences (potential) conflict of interests
and does not sign the Integrity Pact, then members of the Board of Directors submit in writing to the Board of
Commissioners along with the steps taken to avoid transactions containing a conflict of interest.
12 Direksi agar menyusun rencana Rapat Direksi dan agenda yang dibahas pada awal tahun buku.
The Board of Directors prepares a plan for the Board of Directors' Meeting and the agenda discussed at the
beginning of the financial year.
13 Jumlah personil yang ditugaskan di Satuan Pengendali Internal (SPI) agar sesuai dengan kebutuhan untuk
pelaksanaan tugas SPI.
The number of personnel assigned to the Internal Control Unit (SPI) to be in accordance with the needs for conducting
SPI duties.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 555
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
14 Kebijakan Pengelolaan Internal Audit agar diperbaharui, sesuai best practice setiap tiga tahun sekali.
The Internal Audit Management Policy is updated in accordance with best practice every three years.
15 Direksi agar memastikan persetujuan RKAP dilakukan tidak melampaui batas waktu persetujuan sesuai ketentuan
Anggaran Dasar (AD) Perusahaan, bahwa Dewan Komisaris harus mencapai keputusan terkait rancangan RKAP
Tahunan Perseroan paling lambat pada saat dimulainya tahun buku yang bersangkutan.
The Board of Directors ensures that the approval of the RKAP is granted without exceeding the approval deadline in
accordance with the provisions of the Company's Articles of Association, that the Board of Commissioners must reach
a decision regarding the draft of the Company's Annual RKAP no later than the start of the relevant financial year.
4. Aspek Pengungkapan Informasi dan Transparansi
Aspect of Information Disclosure and Transparency
No Rekomendasi | Recommendation
Perseroan agar terus berupaya untuk dapat meraih juara dalam ajang award Laporan Tahunan dan Laporan
1 Keberlanjutan.
The Company must continue to strive to win the Annual Report and Sustainability Report awards.
Praktik Bad Corporate Governance Bad Corporate Governance Practices
Perseroan menyadari bahwa praktik-praktik bad The Company acknowledges that bad corporate
corporate governance akan mengganggu sistem GCG governance practices will disrupt the Good Governance
yang telah dibangun oleh Perseroan. Selama tahun (GCG) system that has been built by the Company.
2024, Perseroan tidak melakukan segala tindakan Therefore, during 2024, the Company did not take any
serta kebijakan yang berkaitan dengan praktik itu yang actions and policies relating to the practice shown in
ditunjukkan pada tabel sebagai berikut: the table as follows:
Praktik Bad Corporate Governance
Bad Corporate Governance Practices
Keterangan Praktik
No
Description Practice
1 Adanya laporan sebagai perusahaan yang mencemari lingkungan Nihil | Nil
Reports stating that the Company polluted the environment
2 Perkara penting yang sedang dihadapi oleh Perseroan, entitas anak, anggota Direksi, dan/ Nihil | Nil
atau anggota Dewan Komisaris yang sedang menjabat tidak diungkapkan dalam Laporan
Tahunan
Important matters facing the Company, subsidiaries, current members of the Board of Directors
and/or current members of the Board of Commissioners were not disclosed in the Annual Report
3 Ketidakpatuhan dalam pemenuhan kewajiban perpajakan Nihil | Nil
Non-compliance in fulfilling tax obligations
4 Ketidaksesuaian penyajian Laporan Tahunan dan Laporan Keuangan dengan peraturan yang Nihil | Nil
berlaku dan SAK
Mismatch of presentation of the Annual Report and Financial Report with applicable regulations
and Indonesian GAAP
5 Kasus terkait buruh dan karyawan Nihil | Nil
Cases related to workers and employees
6 Tidak terdapat pengungkapan segmen operasi pada perusahaan listed Nihil | Nil
There was no disclosure of operating segments in listed companies
7 Terdapat ketidaksesuaian antara Laporan Tahunan hardcopy dengan Laporan Tahunan softcopy Nihil | Nil
There was a discrepancy between the Annual Report’s hardcopy and softcopy
556 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Transparansi Penyampaian Laporan
Transparency in Submission of Reports
Laporan Tahunan dan Laporan Keberlanjutan Otoritas Jasa Keuangan (OJK), Bursa Efek Indonesia (BEI),
Annual Report and Sustainability Report PT Pertamina (Persero)
Financial Services Authority (FSA), the Indonesia Stock
Exchange (IDX), PT Pertamina (Persero)
Laporan Keuangan OJK, BEI, PT Pertamina (Persero)
Financial Report FSA, IDX, PT Pertamina (Persero)
Laporan Bulanan OJK, BEI, PT Pertamina (Persero)
Monthly Report FSA, IDX, PT Pertamina (Persero)
RKAP dan Buku RKAP Revisi PT Pertamina (Persero)
RKAP and Revised RKAP Book PT Pertamina (Persero)
Laporan Top Risk dan Laporan Monitoring Risiko Proyek Subholding Power & New and Renewable Energy (PNRE)
Prioritas PT Pertamina (Persero)
Top Risk Report and Priority Project Risk Monitoring Report
Laporan Monitoring Performance 4 Pilar Quality Management Subholding PNRE
Performance Monitoring Report for 4 Pillars of Quality
Management
Laporan Rencana Kerja dan Anggaran Biaya (RKAB) Direktorat Jenderal Energi Baru, Terbarukan dan Konversi
Work Plan and Cost Budget Report (RKAB) Energi (EBTKE) Kementerian Energi Sumber Daya Mineral
(ESDM)
Directorate General of New and Renewable Energy and
Energy Conservation (EBTKE) Ministry of Energy and Mineral
Resources
Laporan Kegiatan Penanaman Modal Badan Koordinasi Penanaman Modal (BKPM)
Investment Activity Report Indonesia Investment Coordinating Board
Laporan Pelaksanaan Rencana Pengelolaan LIngkungan (RKL) EBTKE Kementerian ESDM, Kementerian Lingkungan Hidup
dan Rencana Pemantauan Lingkungan (RPL) dan Kehutanan (KLHK), serta Dinas Lingkungan Hidup
Environmental Management Plan (RKL) and Environmental Terkait
Monitoring Plan (RPL) Implementation Report EBTKE Ministry of Energy and Mineral Resources, Ministry of
the Environment and Forestry, Relevant Environmental Office
Laporan Neraca Limbah B3 EBTKE Kementerian ESDM, serta Kementerian Lingkungan
B3 Waste Balance Report Hidup dan Kehutanan
EBTKE Ministry of Energy and Mineral Resources Ministry of
the Environment and Forestry
Pelaporan Beban Emisi EBTKE Kementerian ESDM, serta KLHK
Emission Load Reporting EBTKE Ministry of Energy and Mineral Resources Ministry of
the Environment and Forestry
Laporan Berkala Pemegang Izin Pinjam Pakai Kawasan Hutan KLHK
Periodic Report on Borrow-to-Use Forest Area Permit Holders Ministry of the Environment and Forestry
2024 Annual Report PT Pertamina Geothermal Energy Tbk 557
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Berdasarkan Parameter ASEAN Corporate Governance Scorecard (ACGS)
Based on ASEAN Corporate Governance Scorecard (ACGS) Parameters
Leadership in
Corporate
Governance
121,84
Level 5 (>100)
Very Good
Komponen Penilaian Skor
No.
Assessment Components Score
A Hak dan Perlakukan Adil terhadap Pemegang Saham 18,00
Rights and Fair Treatment of Shareholders
B Keberlanjutan dan Ketahanan 15,00
Sustainability and Resilience
C Pengungkapan dan Transparansi 23,53
Disclosure and Transparency
D Tanggung Jawab Dewan 39,31
Board’s Responsibility
Total Level 1 95,84
1 Bonus I Bonuses 26
2 Penalti I Penalties 0
Total Level 2 26
Total Level 1 dan I and 2 121,84
Pada tahun 2024 untuk pertama kalinya PGE In 2024, for the first time, PGE evaluated its GCG
melakukan evaluasi penerapan GCG berdasarkan implementation based on the parameters of the ACGS,
parameter ACGS, sebuah inisiatif yang dibuat oleh an initiative created by the Asean Capital Market
forum pasar modal Asean untuk meningkatkan standar Forum to improve the GCG standards and practices of
dan praktik GCG perusahaan publik di Asia Tenggara public companies in Southeast Asia that are members
yang tergabung di dalam organisasi regional ASEAN, of the ASEAN regional organization, aimed at
agar dapat meningkatkan visibilitas secara increasing visibility internationally.
internasional.
Melalui penerapan ACGS, Perseroan berharap dapat Through the ACGS implementation, the Company
meningkatkan standar penerapan GCG sesuai standar hopes to raise the standard of GCG implementation to
perusahaan terbuka dengan penerapan GCG yang the standard of publicly listed companies with good
baik di Asia Tenggara. Penilaian ACGS memiliki lima GCG implementation in Southeast Asia. The ACGS
aspek yang dikelompokkan dalam dua level yaitu: assessment has five aspects that are grouped into two
levels, namely:
558 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 559
1. Level 1, terdiri dari lima bagian yaitu: 1. Level 1, consisting of five parts, namely:
a. Prinsip A - Hak dan Perlakuan Adil terhadap a. Principle A - Rights and Fair Treatment of
Pemegang Saham Shareholders
b. Prinsip B - Keberlanjutan dan Ketahanan b. Principle B - Sustainability and Resilience
c. Prinsip C - Pengungkapan dan Transparansi c. Principle C - Disclosure and Transparency
d. Prinsip D - Tanggung Jawab Dewan d. Principle D - Board’s Responsibility
2. Level 2 , terdiri dari Bonus dan Penalti 2. Level 2, consisting of Bonuses and Penalties
PGE melakukan penilaian ACGS berdasarkan pada PGE conducted an ACGS assessment based on an
pemeriksaan dokumen perusahaan terkait Pedoman examination of company documents related to Manual
dan Kebijakan, Laporan Tahunan dan Laporan and Policies, PGE 2023 Annual Report and
Keberlanjutan PGE 2023, serta informasi pada situs Sustainability Report, as well as information on the
web Perseroan, dengan dibantu olehlembaga penilai Company's website, with the assistance of independent
(assessor) independen Pratama Indomitra. Hasil assessor Pratama Indomitra. The assessment results
penilaian menunjukkan PGE berhasil memperoleh skor showed that PGE managed to obtain a score of 121.84
121,84 dengan predikat Leadership in Corporate with the predicate “Leadership in Corporate
Governance. Governance”.menunjukkan PGE berhasil memperoleh
skor 107,36 dengan predikat Leadership in Corporate
Governance.
Praktik GCG yang Melebihi Standar GCG Practices that Go Beyond
Standards
Skor dan predikat yang diterima PGE menunjukkan The scores and predicates received by PGE indicate
bahwa praktik GCG PGE masuk pada level 5 (>100), that PGE’s GCG practices are at level 5 (>100), which
yang berarti telah melebihi standar minimum yang means it goes beyond the minimum standards set by
ditetapkan Undang-undang dan regulasi, serta telah laws and regulations, and has fully adopted
sepenuhnya mengadopsi standar internasional dalam international standards in GCG implementation.
penerapan GCG. Penjelasan lebih lanjut terkait Further explanation regarding the assessment of PGE’s
penilaian penerapan GCG PGE berdasarkan GCG implementation based on ACGS parameters can
parameter ACGS terdapat pada situs web Perseroan be found on the Company’s website www.pge.
www.pge.pertamina.com. pertamina.com.
Ketentuan Penilaian
Assessment Terms
Skor Penilaian Kinerja GCG Perusahaan Interpretasi
Assessment Score Company GCG Performance Interpretation
Minimum Requirement
60,00-69,99 Level 1 Memenuhi standar sesuai Undang-undang dan regulasi
Meet standards according to laws and regulations
Fair
Ada kesadaran kuat dan upaya mengadopsi standar
70,00-79,99 Level 2 internasional
There is strong awareness and efforts to adopt international
standards
Good
80,00-89,99 Level 3 Mengadopsi sebagian standar internasional
Adopting some international standards
Very Good
90,00-100,00 Level 4 Mengadopsi secara penuh standar internasional
Full adoption of international standards
Leadership in Corporate Governance
Lebih dari 100
Level 5 Melebihi level 1 (struktur ACGS)
More than 100
Beyond level 1 (ACGS structure)
2024 Annual Report PT Pertamina Geothermal Energy Tbk 559
Page 560
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Berdasarkan Ketentuan OJK Based on FSA Provisions on
tentang Penerapan Pedoman Tata Implementation of Public Company
Kelola Perusahaan Terbuka Governance Manual
Evaluasi penerapan GCG berdasarkan Peraturan The evaluation of GCG implementation based on
Otoritas Jasa Keuangan (POJK) No. 21/POJK.04/2015 Financial Services Authority Regulation (POJK) No.
tentang Penerapan Pedoman Tata Kelola Perusahaan 21/POJK.04/2015 on the Implementation of Public
Terbuka dan Surat Edaran Otoritas Jasa Keuangan Company Governance Manual and Financial Services
(SEOJK) No. 32/SEOJK.04/2015 tentang Pedoman Authority Circular (SEOJK) No. 32/SEOJK.04/2015
Tata Kelola Perusahaan Terbuka mencakup lima aspek, on Public Company Governance Manual encompasses
delapan prinsip, serta 25 rekomendasi penerapan five aspects, eight principles, and 25 recommendations
aspek dan prinsip tata kelola perusahaan yang baik on the implementation of good corporate governance
berdasarkan pendekatan “telah sesuai/terpenuhi atau aspects and principles based on the “comply or
dengan penjelasan” (comply or explain). explain” approach.
Pengungkapan pada
AR dan SR PGE 2024
Prinsip Rekomendasi Implementasi
(Halaman)
Principles Recommendation Implementation
Disclosure on PGE 2024
AR and SR (Page)
ASPEK | ASPECT 1:
HUBUNGAN PERUSAHAAN TERBUKA DENGAN PEMEGANG SAHAM DALAM MENJAMIN HAK-HAK PEMEGANG SAHAM
PUBLIC COMPANY RELATIONS WITH SHAREHOLDERS IN GUARANTEEING SHAREHOLDER RIGHTS
1. Meningkatkan Nilai 1. Perusahaan Terbuka memiliki Terpenuhi | Complied 301 - 302
Penyelenggaraan cara atau prosedur teknis
Rapat Umum pengumpulan suara (voting) PGE telah memiliki cara atau prosedur teknis
Pemegang Saham baik secara terbuka maupun pengumpulan suara (voting) RUPS yang terdapat
(RUPS). tertutup yang mengedepankan dalam Anggaran Dasar Pasal 11. Prosedur
independensi, dan kepentingan pengambilan suara juga terdapat dalam Tata Tertib
Increase the value of pemegang saham. RUPS tentang Pemungutan Suara. Pada saat
holding a General pembukaan RUPS, Pembawa Acara menyampaikan
Meeting of Public Companies have technical mengenai Tata Tertib Rapat yang dipergunakan dalam
Shareholders methods or procedures for RUPS yang dibagikan kepada para Pemegang Saham.
(GMS). collecting votes, both openly and
privately, which prioritize PGE already has a method or technical procedure for
independence and the interests GMS voting contained in the Articles of Association
of shareholders. Article 11. The voting procedure is also contained in the
GMS Rules of Procedure regarding Voting. At the
opening of the GMS, the Master of Ceremonies
conveyed the Meeting Rules used in the GMS which
were distributed to the Shareholders.
2. Seluruh anggota Direksi dan Terpenuhi | Complied 303
anggota Dewan Komisaris
Perusahaan Terbuka hadir Seluruh Anggota Dewan Komisaris dan Direksi
dalam RUPS Tahunan. Perusahaan hadir dalam RUPS Tahunan 2023 seperti
dijelaskan dalam Akta Berita Acara Rapat Umum
All members of the Board of Pemegang Saham Tahunan (RUPST) PGE
Directors and members of the
Board of Commissioners of All members of the Company’s Board of Commissioners
Public Companies are present at and Board of Directors attended the 2023 Annual GMS
the Annual GMS. as described in the Deed of Minutes of the Annual
General Meeting of Shareholders (AGMS) of PGE.
3. Ringkasan risalah RUPS tersedia Terpenuhi | Complied 302
dalam website Perusahaan
Terbuka paling sedikit selama 1 PGE telah mengunggah Ringkasan Risalah RUPS
(satu) tahun. Tahunan Tahun Buku 2024 dalam Bahasa Indonesia
dan Bahasa Inggris melalui situs web Perusahaan pada
A summary of the GMS minutes menu “Investor” sub menu “RUPS” dan akan tersedia
is available on the Public lebih dari 1 (satu) tahun.
Company’s website for at least 1
(one) year. PGE has uploaded the Summary of Minutes of the
Annual GMS for the 2024 Financial Year in Indonesian
and English via the Company’s website in the “Investor”
menu, “GMS” submenu and will be available for more
than 1 (one) year.
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Pengungkapan pada
AR dan SR PGE 2024
Prinsip Rekomendasi Implementasi
(Halaman)
Principles Recommendation Implementation
Disclosure on PGE 2024
AR and SR (Page)
2. Meningkatkan Terpenuhi | Complied 462 - 465
Kualitas Komunikasi
Perusahaan Terbuka PGE telah memiliki kebijakan terkait komunikasi dengan
dengan Pemegang Pemegang Saham atau Investor yang tercantum dalam
Saham atau Investor. TKO Penyampaian Informasi Kepada Investor,
Komunitas Pasar Modal dan Lembaga Pemeringkat
Improve the Quality Kredit
of Public Company Nomor: B-001/PGE340/2024-S9 tentang
Communication with Penyampaian Informasi Kepada Investor, Komunitas
Shareholders or Pasar Modal dan Lembaga Pemeringkat Kredit.
Investors.
PGE has a policy regarding communication with
Shareholders or Investors as stated in the TKO on
Submission of Information to Investors, Capital Market
Community and Credit Rating Agencies
Number: B-001/PGE340/2024-S9 on Submission of
Information to Investors, Capital Market Community and
Credit Rating Agencies.
2. Perusahaan Terbuka Terpenuhi | Complied 178 - 179
mengungkapkan kebijakan
komunikasi Perusahaan Terbuka PGE telah mempublikasikan kebijakan komunikasi
dengan pemegang saham atau Perusahaan dan informasi penting Perusahaan dalam
investor dalam website. situs web Perusahaan. Salah satunya adalah
pengungkapan Prosedur Operasi Penyampaian
The Public Company discloses Informasi Perusahaan Kepada Investor pada menu
the Public Company’s “Investor” sub menu “Keterbukaan Informasi”
communication policy with
shareholders or investors on the PGE has published the Company’s communication policy
website. and important Company information on the Company’s
website. One of them is the disclosure of the Company’s
Information Delivery Operation Procedure to Investors on
the “Investor” menu, “Information Disclosure” submenu.
ASPEK | ASPECT 2:
FUNGSI DAN PERAN DEWAN KOMISARIS
FUNCTIONS AND ROLES OF THE BOARD OF COMMISSIONERS
1. Memperkuat 1. Penentuan jumlah anggota Terpenuhi 318
Keanggotaan dan Dewan Komisaris
Komposisi Dewan mempertimbangkan kondisi Penentuan jumlah Dewan Komisaris telah
Komisaris. Perusahaan Terbuka. mempertimbangkan kondisi Perusahaan, yang mengacu
pada Anggaran Dasar Perusahaan, yaitu Pasal 18
Ayat (1) Dewan Komisaris, terdiri dari sedikitnya 2
(dua) orang anggota Dewan Komisaris, dalam hal
mana 1 (satu) di antaranya adalah Komisaris
Independen. Dalam hal Dewan Komisaris terdiri lebih
dari 2 (dua) orang, jumlah Komisaris Independen
paling sedikit 30% (tiga puluh persen) dari jumlah
seluruh anggota Dewan Komisaris, dengan
memperhatikan peraturan yang berlaku di bidang
Pasar Modal, 1 (satu) di antara anggota Dewan
Komisaris diangkat menjadi Komisaris Utama.
Jumlah anggota Dewan Komisaris PGE per 31
Desember 2024 adalah sebanyak 5 (lima) orang
anggota, dengan 3 (tiga) orang di antaranya adalah
Komisaris Independen.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 561
Page 562
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Pengungkapan pada
AR dan SR PGE 2024
Prinsip Rekomendasi Implementasi
(Halaman)
Principles Recommendation Implementation
Disclosure on PGE 2024
AR and SR (Page)
Strengthen the Determining the number of Complied
Membership and members of the Board of
Composition of the Commissioners takes into The determination of the number of the Board of
Board of account the conditions of the Commissioners has taken into account the Company’s
Commissioners. Public Company. conditions, which refer to the Company’s Articles of
Association, namely Article 18 Paragraph (1) of the
Board of Commissioners, consisting of at least 2 (two)
members of the Board of Commissioners, in which case
1 (one) of them is an Independent Commissioner. In the
event that the Board of Commissioners consists of more
than 2 (two) people, the number of Independent
Commissioners is at least 30% (thirty percent) of the
total number of members of the Board of
Commissioners, taking into account the applicable
regulations in the Capital Market sector, 1 (one) of the
members of the Board of Commissioners is appointed as
the Main Commissioner.
The number of members of the PGE Board of
Commissioners as of 31 December 2024 is 5 (five)
members, with 3 (three) of them being Independent
Commissioners.
2. Penentuan komposisi anggota Terpenuhi | Complied 126 - 135
Dewan Komisaris
memperhatikan keberagaman Penentuan komposisi anggota Dewan Komisaris telah
keahlian, pengetahuan, dan memperhatikan keberagaman keahlian, pengetahuan,
pengalaman yang dibutuhkan. dan pengalaman yang dibutuhkan yang dapat dilihat
dalam profil masing-masing anggota Dewan Komisaris
Determining the composition of pada Bab Profil Perusahaan.
members of the Board of
Commissioners takes into The determination of the composition of the members of
account the diversity of skills, the Board of Commissioners has taken into account the
knowledge, and experience diverse expertise, knowledge and experience required
required. which can be seen in the profile of each member of the
Board of Commissioners in the Company Profile Chapter.
2. Meningkatkan 1. Dewan Komisaris mempunyai Terpenuhi | Complied 337 - 338
Kualitas Pelaksanaan kebijakan penilaian sendiri
Tugas dan Tanggung (self-assessment) untuk menilai Dewan Komisaris telah memiliki kebijakan penilaian
Jawab Dewan kinerja Dewan Komisaris. sendiri (self-assessment) untuk menilai kinerja Dewan
Komisaris. Komisaris yang tercantum dalam Board Manual Bab II
The Board of Commissioners has Angka 10 tentang Evaluasi Kinerja Dewan Komisaris.
Improve the Quality a self-assessment policy to assess
of Implementation of the performance of the Board of The Board of Commissioners has a self-assessment policy
Duties and Commissioners. to assess the performance of the Board of Commissioners
Responsibilities of the as stated in the Board Manual Chapter II Number 10 on
Board of Evaluation of the Performance of the Board of
Commissioners. Commissioners.
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Page 563
Pengungkapan pada
AR dan SR PGE 2024
Prinsip Rekomendasi Implementasi
(Halaman)
Principles Recommendation Implementation
Disclosure on PGE 2024
AR and SR (Page)
2. Kebijakan penilaian Tahunan Terpenuhi | Complied 337 - 338
Perusahaan Terbuka
Kebijakan penilaian sendiri (self-assessment) untuk
Note: Pengungkapan ini menilai kinerja Dewan Komisaris yang berdasar pada
dilakukan sebagai bentuk Board Manual dengan menggunakan kriteria yang
pertanggungjawaban dan juga tertuang dalam Key Performance Indicator (KPI), telah
memberikan keyakinan diungkapkan dalam Laporan Tahunan Perusahaan.
khususnya kepada pemegang
saham atau investor. The self-assessment policy to assess the performance of
the Board of Commissioners based on the Board
Public Company Annual Manual using the criteria stated in the Key Performance
Assessment Policy Indicator (KPI), has been disclosed in the Company’s
Annual Report.
Note: This disclosure is carried
out as a form of accountability
and also provides confidence,
especially to shareholders or
investors.
3. Dewan Komisaris memiliki Terpenuhi | Complied 371 - 377
kebijakan terkait pengunduran
diri anggota Dewan Komisaris Dewan Komisaris telah memiliki kebijakan terkait
apabila terlibat dalam pengunduran diri anggota Dewan Komisaris termasuk
kejahatan keuangan. apabila terlibat dalam kejahatan keuangan yang
tercantum dalam Anggaran Dasar Perusahaan Pasal
The Board of Commissioners 18 Ayat (4) angka ix.
has a policy regarding the
resignation of members of the The Board of Commissioners has a policy regarding
Board of Commissioners if they the resignation of members of the Board of
are involved in financial crimes. Commissioners, including if they are involved in
financial crimes as stated in the Company’s Articles of
Association, Article 18 Paragraph (4) number ix.
4. Dewan Komisaris atau Komite Terpenuhi | Complied 371 - 377
yang menjalankan fungsi
Nominasi dan Remunerasi Dewan Komisaris telah memiliki kebijakan suksesi
menyusun kebijakan suksesi dalam proses Nominasi Anggota Direksi yang
dalam proses Nominasi tercantum di dalam Pedoman Pelaksanaan Fungsi
anggota Direksi. Nominasi & Remunerasi, dan diselaraskan dengan
ketentuan yang diatur dalam Peraturan Menteri
Note: Kebijakan mengenai BUMN No. 3/2023 tentang Organ dan Sumber
suksesi bertujuan untuk Daya Manusia Badan Usaha Milik Negara.
menjaga kesinambungan
proses regenerasi atau The Board of Commissioners has a succession policy
kaderisasi kepemimpinan di in the process of Nominating Members of the Board
perusahaan dalam rangka of Directors as stated in the Guidelines for the
mempertahankan keberlanjutan Implementation of the Nomination & Remuneration
bisnis dan tujuan jangka Function, and is aligned with the provisions stipulated
panjang. in the Regulation of the SOE Minister No. 3/2023 on
Organs and Human Resources of State-Owned
The Board of Commissioners, Enterprises.
or the Committee that carries
out the Nomination and
Remuneration function,
prepares a succession policy in
the Nomination process for
members of the Board of
Directors.
Note: The policy regarding
succession aims to maintain the
continuity of the leadership
regeneration or cadre process
in the Company in order to
maintain business continuity
and long-term goals.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 563
Page 564
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Pengungkapan pada
AR dan SR PGE 2024
Prinsip Rekomendasi Implementasi
(Halaman)
Principles Recommendation Implementation
Disclosure on PGE 2024
AR and SR (Page)
ASPEK | ASPECT 3:
FUNGSI DAN PERAN DIREKSI
FUNCTIONS AND ROLES OF THE BOARD OF DIRECTORS
1. Memperkuat 1. Penentuan jumlah anggota Terpenuhi | Complied 344
Keanggotaan dan Direksi mempertimbangkan
Komposisi Direksi kondisi Perusahaan Terbuka Penentuan jumlah anggota Direksi telah
serta efektivitas dalam mempertimbangkan kondisi Perusahaan Terbuka serta
pengambilan keputusan. efektivitas dalam pengambilan keputusan
Strengthen the berdasarkan Anggaran Dasar Perusahaan Pasal 14
Membership and Direksi ayat (1) Direksi paling sedikit 2 (dua) orang,
Composition of the Determining the number of di mana seorang di antaranya dapat diangkat
Board of Directors members of the Board of sebagai Direktur Utama dengan memperhatikan
Directors takes into account the peraturan perundangan yang berlaku.
condition of the Public
Company and its effectiveness Jumlah anggota Direksi PGE per 31 Desember 2024
in decision-making. adalah sebanyak 4 (empat) orang anggota.
The determination of the number of members of the
Board of Directors has taken into account the
conditions of the Public Company and the
effectiveness in decision-making based on the
Company’s Articles of Association Article 14 of the
Board of Directors paragraph (1) The Board of
Directors must consist of at least 2 (two) people, one
of whom can be appointed as President Director by
taking into account applicable laws and regulations.
The number of members of the PGE Board of
Directors as of 31 December 2024 is 4 (four)
members.
2. Penentuan komposisi anggota Terpenuhi | Complied 138 - 145
Direksi memperhatikan
keberagaman, keahlian, Penentuan komposisi anggota Direksi telah
pengetahuan, dan memperhatikan keberagaman keahlian,
pengalaman yang dibutuhkan. pengetahuan, dan pengalaman yang dibutuhkan
yang dapat dilihat dalam profil masing-masing
Determining the composition of anggota Direksi dalam Bab Profil Perusahaan.
members of the Board of
Directors takes into account the The determination of the composition of the Board of
diversity, expertise, knowledge, Directors members has taken into account the diverse
and experience required. skills, knowledge and experience required which can
be seen in the profile of each member of the Board of
Directors in the Company Profile Chapter.
3. Anggota Direksi yang Terpenuhi | Complied 144 - 145
membawahi bidang akuntansi
atau keuangan memiliki Anggota Direksi yang membawahi bidang akuntansi
keahlian dan/atau atau keuangan telah memiliki keahlian dan/atau
pengetahuan di bidang pengetahuan di bidang akuntansi atau keuangan.
akuntansi. Keputusan RUPS Tahun 2024 yang telah disahkan
melalui Akta Notaris No.12 tanggal 19 Februari
Members of the Board of 2024, menetapkan Yurizki Rio sebagai Direktur
Directors who are in charge of Keuangan. Yurizki Rio memiliki pengalaman kerja
accounting or finance have selama 15 tahun di bidang keuangan dan akuntansi
expertise and/or knowledge in dengan berbagai keahlian diantaranya Mergers &
the field of accounting. Acquisitions, Investment, Strategic Financial Planning
& Analysis, Financial Modeling, dan Project
Management.
Members of the Board of Directors who oversee the
accounting or finance sector have expertise and/or
knowledge in the field of accounting or finance. The
decision of the 2024 GMS which has been ratified
through Notarial Deed No. 12 dated 19 February
2024, appointed Yurizki Rio as Director of Finance.
Yurizki Rio has 15 years of work experience in finance
and accounting with various expertise including
Mergers & Acquisitions, Investment, Strategic
Financial Planning & Analysis, Financial Modeling,
and Project Management.
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Pengungkapan pada
AR dan SR PGE 2024
Prinsip Rekomendasi Implementasi
(Halaman)
Principles Recommendation Implementation
Disclosure on PGE 2024
AR and SR (Page)
2. Meningkatkan 1. Direksi mempunyai kebijakan Terpenuhi | Complied 369 - 370
Kualitas penilaian sendiri (self-
Pelaksanaan Tugas assessment) untuk menilai Direksi memiliki kebijakan penilaian sendiri (self
dan Tanggung kinerja Direksi. assessment) untuk menilai kinerja Direksi yang
Jawab Direksi tercantum di dalam Board Manual Bab III Direksi
Angka 7 tentang Tugas dan Wewenang Kolegial
Improve the Quality The Board of Directors has a Direksi. Direksi menyampaikan laporan pencapaian
of Implementation of self-assessment policy to assess KPI kepada Dewan Komisaris setiap triwulan untuk
Directors’ Duties the performance of the Board kemudian dilakukan pembahasan bersama dalam
and Responsibilities of Directors. Rapat Gabungan. Selanjutnya, Dewan Komisaris
melakukan penilaian kinerja Direksi sesuai dengan
pencapaian KPI Direksi yang kemudian akan
dilaporkan dalam RUPS.
The Board of Directors has a self-assessment policy to
assess the performance of the Board of Directors as
stated in the Board Manual Chapter III of the Board
of Directors Number 7 on the Duties and Collegial
Authorities of the Board of Directors. The Board of
Directors submits a report on the achievement of KPIs
to the Board of Commissioners every quarter to then
be discussed together in a Joint Meeting.
Furthermore, the Board of Commissioners assesses the
performance of the Board of Directors in accordance
with the achievement of the Board of Directors’ KPIs
which will then be reported in the GMS.
2. Kebijakan penilaian sendiri Terpenuhi | Complied 369 - 370
(self-assessment) untuk menilai
kinerja Direksi diungkapkan Kebijakan penilaian sendiri (self-assessment) untuk
melalui laporan tahunan menilai kinerja Direksi tercantum dalam Board
Perusahaan Terbuka. Manual dan telah diungkapkan dalam Laporan
Tahunan Perusahaan. Mekanisme penilaian kinerja
The self-assessment policy for Direksi merupakan tanggung jawab Dewan Komisaris
assessing the performance of dengan mengacu kepada pencapaian KPI Direksi
the Board of Directors is dan Perseroan.
disclosed in the Public
Company’s annual report. The self-assessment policy for assessing the
performance of the Board of Directors is stated in the
Board Manual and has been disclosed in the
Company’s Annual Report. The mechanism for
assessing the performance of the Board of Directors is
the responsibility of the Board of Commissioners with
reference to the achievement of the KPI of the Board
of Directors and the Company.
3. Direksi mempunyai kebijakan Terpenuhi | Complied 371 - 377
terkait pengunduran diri
anggota Direksi apabila Direksi telah memiliki kebijakan terkait pengunduran
terlibat dalam kejahatan diri anggota Direksi termasuk apabila terlibat dalam
keuangan. kejahatan keuangan yang tercantum di dalam
Anggaran Dasar Perusahaan Pasal 14 ayat (9).
The Board of Directors has a
policy regarding the resignation The Board of Directors has a policy regarding the
of members of the Board of resignation of members of the Board of Directors,
Directors if they are involved in including if they are involved in financial crimes as
financial crimes. stated in Article 14 paragraph (9) of the Company’s
Articles of Association.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 565
Page 566
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Pengungkapan pada
AR dan SR PGE 2024
Prinsip Rekomendasi Implementasi
(Halaman)
Principles Recommendation Implementation
Disclosure on PGE 2024
AR and SR (Page)
ASPEK | ASPECT 4:
PARTISIPASI PEMANGKU KEPENTINGAN
STAKEHOLDER PARTICIPATION
1. Meningkatkan 1. Perusahaan Terbuka memiliki Terpenuhi | Complied 540 - 542
Aspek Tata Kelola kebijakan untuk mencegah
Perusahaan melalui terjadinya insider trading. PGE telah memiliki kebijakan untuk mencegah
Partisipasi terjadinya insider trading yang tercantum di dalam
Pemangku Note: Cara meminimalisir Kebijakan Insider Trading yang tersedia dalam situs
Kepentingan. adanya insider trading web PGE https://www.pge.pertamina.com/Media/
dilakukan dengan melalui U p l o a d s / ke b e r l a n j u t a n / fi l e / Ke b i j a ka n % 2 0
Improve Corporate kebijakan pencegahan, dan Insider%20Trading%20PGEO-2.pdf.
Governance Aspect membagi tugas dan tanggung
through Stakeholder jawab atas pengelolaan PGE has a policy to prevent insider trading which is
Participation. informasi secara proporsional stated in the Insider Trading Policy available on the
dan efisien. PGE websitehttps://www.pge.pertamina.com/Media/
Uploads/keberlanjutan/file/Kebijakan%20Insider%20
Public Companies have policies Trading%20PGEO-2.pdf.
to prevent insider trading.
Note: How to minimize insider
trading is conducted through
prevention policies, and
dividing tasks and
responsibilities for managing
information proportionally and
efficiently.
2. Perusahaan Terbuka memiliki Terpenuhi | Complied 536 - 539
kebijakan anti korupsi dan anti
fraud. PGE telah memiliki kebijakan Anti Fraud dan Anti
Korupsi, yang tercantum dalam Pedoman
Pengendalian Gratifikasi dengan Nomor Dokumen:
002/PGE500/2022-S9 Revisi Ke: 00 yang
ditandatangani oleh Direktur Utama pada tanggal
22 November 2022. Kebijakan ini telah dimuat di
dalam situs web Perseroan https://www.pge.
pertamina.com/Media/Uploads/keberlanjutan/file/
Anti%20bribery%20Campaign%20-%202023.pdf.
Selain itu, PGE juga telah memiliki kebijakan Anti
Korupsi dan Anti Fraud yang diatur dalam:
A. Pedoman Etika Usaha dan Tata Perilaku (Code
of Conduct) dengan Nomor Dokumen: 036/
PGE000/2023-S0 Revisi Ke: 00 yang
ditandatangani oleh Direktur Utama pada
tanggal 31 Mei 2023 dan dimuat dalam situs
web Perseroan https://www.pge.pertamina.
com/Media/Uploads/keberlanjutan/file/
Code_of_Conduct_-_PGEO%20update.pdf.
B. Pedoman Conflict of Interest dengan Nomor
Dokumen A-001/PGE500/2022-S9 Ke: 00
yang ditandatangani oleh Direktur Utama
pada tanggal 31 Mei 2022.
Perseroan telah menerapkan Sistem Manajemen Anti
Penyuapan (SMAP) berdasarkan ISO 370001:2016
yang terintegrasi dengan Geothermal Integrated
Management System (GIMS) sejak tahun 2020.
Penerapan SMAP PGE berlaku hingga 25 November
2026.
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Page 567
Pengungkapan pada
AR dan SR PGE 2024
Prinsip Rekomendasi Implementasi
(Halaman)
Principles Recommendation Implementation
Disclosure on PGE 2024
AR and SR (Page)
2. Public Companies have anti- Complied
corruption and anti-fraud
policies. PGE has an Anti-Fraud and Anti-Corruption policy,
which is stated in the Gratuities Control Manual with
Document Number: 002/PGE500/2022-S9 Revision
No.: 00 signed by the President Director on 22
November 2022. This policy has been published on
the Company’s website https://www.pge.pertamina.
com/Media/Uploads/keberlanjutan/file/Anti%20
bribery%20Campaign%20-%202023.pdf.2023.pdf.
In addition, PGE also has an Anti-Corruption and
Anti-Fraud policy which is regulated in:
A. Business Ethics and Code of Conduct Manual
with Document Number: 036/
PGE000/2023-S0 Revision: 00 signed by the
President Director on 31 May 2023 and
published on the Company’s website https://
www.pge.pertamina.com/Media/Uploads/
keberlanjutan/file/Code_of_Conduct_-_
PGEO%20update.pdf.
B. Conflict of Interest Manual with Document
Number A-001/PGE500/2022-S9 Ke: 00
signed by the President Director on 31 May
2022.
The Company has implemented an Anti-Bribery
Management System (ABMS) based on ISO
370001:2016 which is integrated with the
Geothermal Integrated Management System (GIMS)
from 2020. The implementation of PGE’s ABMS is
valid until 25 November 2026.
3. Perusahaan Terbuka memiliki Terpenuhi | Complied 546 - 549
kebijakan tentang seleksi dan
peningkatan kemampuan PGE telah memiliki kebijakan tentang seleksi dan
pemasok atau vendor. peningkatan kemampuan pemasok atau vendor
melalui kebijakan Pedoman Pengadaan Barang dan
Note: Kebijakan seleksi Jasa dengan Nomor Dokumen: A-008/
dilakukan agar Perusahaan PGE800/2024-S9 Revisi Ke: 00 Tanggal Berlaku 1
Terbuka memperoleh barang November 2024. Penjelasan terkait seleksi
atau jasa yang diperlukan pengadaan barang dan jasa dimuat pada Bab III
dengan harga kompetitif dan Tugas, Kewenangan, dan Tanggung Jawab.
kualitas yang baik. Sedangkan
peningkatan kemampuan PGE telah melakukan peningkatan kemampuan
pemasok atau vendor agar kepada pemasok berupa penjelasan terkait kebijakan
memastikan bahwa rantai pengadaan barang dan jasa yang berlaku di
pasokan berjalan dengan Perusahaan saat penjelasan pengadaan pekerjaan.
efisien dan efektif. Selain itu Perusahaan juga mengadakan sosialisasi
Contractor Safety Management System (CSMS) terkait
Public Companies have policies K3, Etika Usaha, serta Anti Penyuapan dengan
regarding the selection and Penyedia Barang/Jasa.
improvement of supplier or
vendor capabilities. PGE has a policy on the selection and improvement of
supplier or vendor capabilities through the Goods and
Note: The selection policy is Services Procurement Guidelines policy with Document
carried out so that Public Number: A-008/PGE800/2024-S9 Revision: 00
Companies obtain the required Effective Date 1 November 2024. Explanations related
goods or services at to the selection of goods and services procurement are
competitive prices and good contained in Chapter III Duties, Authorities, and
quality. Meanwhile, increasing Responsibilities.
the capabilities of suppliers or
vendors to ensure that the PGE has improved the capabilities of suppliers in the
supply chain runs efficiently and form of explanations related to the goods and services
effectively. procurement policies applicable in the Company
during the explanation of the procurement of work. In
addition, the Company also held socialization of the
Contractor Safety Management System (CSMS)
related to K3, Business Ethics, and Anti-Bribery with
Goods/Service Providers.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 567
Page 568
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Pengungkapan pada
AR dan SR PGE 2024
Prinsip Rekomendasi Implementasi
(Halaman)
Principles Recommendation Implementation
Disclosure on PGE 2024
AR and SR (Page)
4. Perusahaan Terbuka memiliki Terpenuhi | Complied 242 - 244
kebijakan tentang pemenuhan
hak-hak kreditur. Hak dan kewajiban PGE kepada Kreditur tercantum di
dalam kontrak dengan Kreditur dengan penyusunan
Public Companies have policies kontrak mengacu pada kebijakan pihak Kreditur yang
regarding fulfilling creditor bekerja sama dengan Perusahaan.
rights.
Pelaksanaan hubungan dengan Kreditur diatur dalam
Pedoman Etika Usaha dan Tata Perilaku pada Bab III
Etika Perusahaan Angka 10 tentang Hubungan
dengan Kreditur yang antara lain mengatur tentang
kewajiban untuk menghormati hak-hak kreditur sesuai
perjanjian perikatan dan ketentuan perundang-
undangan.
PGE’s rights and obligations to Creditors are stated in
the contract with Creditors with the preparation of the
contract referring to the policies of the Creditors who
cooperate with the Company.
The implementation of relations with Creditors is
regulated in the Guidelines for Business Ethics and
Code of Conduct in Chapter III of Company Ethics
Number 10 on Relations with Creditors which among
other things regulates the obligation to respect the
rights of creditors in accordance with the agreement
and statutory provisions.
5. Perusahaan Terbuka memiliki Terpenuhi | Complied 531 - 535
kebijakan sistem
whistleblowing. PGE telah memiliki Surat Edaran No. E-066/
PGE000/2022-S8 tentang Ratifikasi Pedoman
Public Companies have a Pengelolaan Pengaduan PT Pertamina (Persero) di
whistleblowing system policy. Lingkungan PT Pertamina Geothermal Energy Tbk
yang ditandatangani oleh Direktur Utama tanggal 28
Juli 2022 yang bertujuan untuk memberikan arahan
terkait pengelolaan whistleblowing system agar dapat
berjalan efektif dan akuntabel.
PGE has Circular No. E-066/PGE000/2022-S8 on
Ratification of the Complaint Management Guidelines
of PT Pertamina (Persero) within PT Pertamina
Geothermal Energy Tbk which was signed by the
President Director on 28 July 2022 which aims to
provide direction regarding the management of the
whistleblowing system so that it can run in an effective
and accountable manner.
6. Perusahaan Terbuka memiliki Terpenuhi | Complied 248, 378 - 383
kebijakan pemberian insentif
jangka panjang kepada Direksi Kebijakan insentif jangka panjang untuk Direksi
dan karyawan. tercantum dalam RUPST PGE tanggal 28 Mei 2024,
dengan Mata Acara Rapat 4 mengenai “Persetujuan
Public Companies have a Penetapan Remunerasi Tunjangan dan Fasilitas
policy of providing long-term Lainnya Tahun Buku 2024 dan Penghargaan atas
incentives to Directors and Kinerja (Tantiem) Tahun Buku 2023 untuk Direksi dan
employees. Dewan Komisaris Perseroan.”
Sementara kebijakan insentif jangka panjang untuk
karyawan tercantum dalam Perjanjian Kerja Bersama
Periode 2022-2024 yaitu Pasal 20 tentang Imbalan
Atas Kinerja dan telah diungkapkan di dalam Laporan
Tahunan PGE 2024.
The long-term incentive policy for the Board of Directors
is stated in the PGE AGM date 28 May 2024, with
Meeting Agenda 4 on “Approval of the Determination
of Remuneration, Allowances and Other Facilities for
the 2024 Financial Year and Performance Rewards
(Tantiem) for the 2023 Financial Year for the
Company’s Board of Directors and Board of
Commissioners.” Meanwhile, the long-term incentive
policy for employees is stated in the 2022-2024
Collective Labor Agreement, namely Article 20 on
Performance Rewards and has been disclosed in the
2024 PGE Annual Report.
568 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 569
Pengungkapan pada
AR dan SR PGE 2024
Prinsip Rekomendasi Implementasi
(Halaman)
Principles Recommendation Implementation
Disclosure on PGE 2024
AR and SR (Page)
ASPEK | ASPECT 5:
KETERBUKAAN INFORMASI
INFORMATION DISCLOSURE
1. Meningkatkan 1. Perusahaan Terbuka Terpenuhi | Complied 97
Pelaksanaan memanfaatkan penggunaan
Keterbukaan teknologi informasi secara Perusahaan memanfaatkan penggunaan teknologi
Informasi lebih luas selain website informasi secara lebih luas selain situs web sebagai
sebagai media keterbukaan media keterbukaan informasi, termasuk media sosial
Improve the informasi. diantaranya, yaitu:
Implementation of
Information Public Companies make wider The Company utilizes information technology more
Disclosure use of information technology widely than websites as a medium for information
apart from websites as a means disclosure, including social media, namely:
for information disclosure.
Investor pge.ir@pertamina.com
Pelanggan(Customer): pcc135@pertamina.com
Facebook (Pertamina Geothermal Energy)
Twitter (@pgepertamina)
Instagram (@pge.pertamina
2. Laporan Tahunan Perusahaan Terpenuhi | Complied 97, 152 - 156
Terbuka mengungkapkan
pemilik manfaat akhir dalam Laporan Tahunan 2024 telah mengungkapkan
kepemilikan saham Perusahaan komposisi Pemegang Saham Mayoritas dan
Terbuka paling sedikit 5%, Pemegang Saham porsi besar pada Bab Profil
selain pengungkapan pemilik Perusahaan.
manfaat akhir dalam
kepemilikan saham Perusahaan The 2024 Annual Report has disclosed the composition
Terbuka melalui pemegang of Ultimate Shareholders and Large Portion
saham utama dan pengendali. Shareholders in the Company Profile Chapter.
The Annual Report of a Public
Company discloses the ultimate
beneficial owner in Public
Company share ownership of at
least 5%, in addition to
disclosure of the ultimate
beneficial owner in Public
Company share ownership
through the majority and
controlling shareholders.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 569
Page 570
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Berdasarkan Ketentuan Pedoman Based on Provisions of the Indonesia
Umum Governansi Korporat Corporate Governance Manual
Indonesia (PUGKI) (PUGKI)
PGE melakukan evaluasi GCG parameter dalam PGE conducted a GCG evaluation of the parameters in
PUGKI 2021 yang diterbitkan oleh KNKG dengan PUGKI 2021 published by the KNKG with the aim of
tujuan untuk memperkuat penerapan tata kelola strengthening the implementation of good corporate
perusahaan yang baik sesuai prinsip-prinsip governansi governance according to the principles of corporate
korporat dari perspektif kalangan bisnis di Indonesia. governance from the perspective of businesses in
Indonesia.
Penilaian GCG berdasarkan parameter PUGKI terdiri GCG assessment based on PUGKI parameters consists
dari empat pilar governansi korporat yaitu perilaku of four pillars of corporate governance, namely ethical
beretika, akuntabilitas, transparansi, dan keberlanjutan behavior, accountability, transparency, and
serta delapan prinsip governansi korporat Indonesia sustainability as well as eight principles of Indonesian
berdasarkan pendekatan “telah sesuai/terpenuhi atau corporate governance based on a “comply or explain”
dengan penjelasan” (comply or explain). approach.
Pengungkapan
pada
Rekomendasi Penjelasan dan Pelaksanaan AR dan SR PGE
No 2024 (Halaman)
Recommendation Explanation and Implementation
Disclosure on AR and
SR PGE 2024 (Page)
PRINSIP | PRINCIPLE 1
Halaman
PERAN DAN TANGGUNG JAWAB DIREKSI DAN DEWAN KOMISARIS
Page
ROLES AND RESPONSIBILITIES OF THE BOARD OF DIRECTORS AND THE BOARD OF COMMISSIONERS
1.1 Peran dan Tanggung Jawab Direksi | Roles and Responsibilities of the Board of Directors
1.1.1 Untuk mencapai penciptaan nilai yang Poin | Point 1.1.1 - 1.1.9 345 - 347
berkelanjutan, Direksi menjalankan peran Terpenuhi | Complied
kepemimpinannya dan berupaya mencapai hasil
governance sebagai berikut: Peran dan tanggung jawab Direksi telah
a. Berdaya saing dan berfokus ke kinerja jangka dijelaskan di dalam Anggaran Dasar
panjang; Perusahaan Pasal 14 dan Pasal 15 dan
b. Beretika dan bertanggung jawab dalam Board Manual yang dapat diakses melalui
menjalankan bisnis; situs web Perseroan https://www.pge.
c. Berkontribusi positif terhadap masyarakat pertamina.com/Media/Uploads/
dan lingkungan; serta keberlanjutan/file/Board%20Manual%20
d. Berkemampuan dalam bertahan dan 2023_.pdf.
bertumbuh (corporatere silience)
The roles and responsibilities of the Board of
To achieve sustainable value creation, the Board of Directors have been presented in the
Directors carries out its leadership role and strives to Company’s Articles of Association Article 14
achieve the following governance results: and Article 15 and the Board Manual which
a. Competitive and focused on long-term can be accessed through the Company’s
performance; website https://www.pge.pertamina.com/
b. Be ethical and responsible in running business; Media/Uploads/keberlanjutan/file/
c. Contribute positively to society and the Board%20Manual%202023_.pdf.
environment; as well as
d. Ability to survive and grow (corporate
resilience)
1.1.2 Direksi harus memastikan bahwa misi, visi, tujuan, 105
sasaran, strategi, dan rencana tahunan dan jangka
menengah korporasi konsisten dengan tujuan
jangka panjang, dengan memanfaatkan inovasi
dan teknologi secara efektif.
The Board of Directors must ensure that the
corporation's mission, vision, goals, objectives,
strategies, and annual and medium-term plans are
consistent with long-term goals, by effectively
utilizing innovation and technology.
570 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 571
Pengungkapan
pada
Rekomendasi Penjelasan dan Pelaksanaan AR dan SR PGE
No 2024 (Halaman)
Recommendation Explanation and Implementation
Disclosure on AR and
SR PGE 2024 (Page)
1.1.3 Direksi memastikan bahwa korporasi menerapkan 486 - 495
manajemen risiko dan sistem pengendalian internal
yang tepat dan efektif yang selaras dengan visi,
misi, tujuan, sasaran, dan strategi korporasi serta
mematuhi peraturan perundang-undangan dan
standar yang berlaku.
The Board of Directors ensures that the corporation
implements appropriate and effective risk
management and internal control systems that are
aligned with the corporate vision, mission, goals,
objectives, and strategies and comply with
applicable laws and regulations and standards.
1.1.4 Direksi memastikan integritas akuntansi dan sistem 466 - 484
pelaporan keuangan korporasi dan pengungkapan
yang tepat waktu dan akurat atas semua informasi
material mengenai korporasi.
The Board of Directors ensures the integrity of the
corporation’s accounting and financial reporting
systems and the timely and accurate disclosure of all
material information regarding the corporation.
1.1.5 Direksi memastikan pelaporan keberlanjutan telah
disusun sebagaimana mestinya. Laporan
Keberlanjutan/
The Board of Directors ensures that sustainability Sustainability
reporting has been prepared appropriately. Report PGE 2024
1.1.6 Direksi membangun kerangka kerja untuk 187 - 205
governansi teknologi informasi (TI) korporasi
yang selaras dengan kebutuhan dan prioritas
bisnis korporasi, mendorong peluang dan kinerja
bisnis, memperkuat manajemen risiko, serta
mendukung tujuan dan strategi korporasi.
The Board of Directors builds a framework for
corporate information technology (IT) governance
that is aligned with corporate business needs and
priorities, encourages business opportunities and
performance, strengthens risk management, and
supports corporate goals and strategies.
1.1.7 Bagi korporasi yang menjalankan kegiatan usaha
berdasarkan prinsip Syariah, Direksi perlu Tidak relevan/
memastikan kewenangan dan ketersediaan Irrelevant
perangkat pendukung yang memadai agar Dewan
Pengawas Syariah dapat menjalankan perannya
dengan efektif.
For corporations that carry out business activities
based on Sharia principles, the Board of Directors
needs to ensure the authority and availability of
adequate supporting equipment so that the Sharia
Supervisory Board can carry out its role effectively.
1.1.8 Piagam Direksi secara periodik ditinjau. Piagam 345
mencakup antara lain pembagian peran Direktur
secara individual dapat diatur di Piagam Direksi
atau dengan surat keputusan Direksi.
The Board of Directors’ Charter is periodically
reviewed. The Charter includes, among other things,
the division of roles of individual Directors which can
be regulated in the Directors’ Charter or by a
Directors’ Decree.
1.1.9 Direksi mempunyai kebijakan terkait pengunduran 376 - 377
diri anggota Direksi apabila terlibat dalam
kejahatan keuangan dan terbukti melakukan
kesalahan.
The Board of Directors has a policy regarding the
resignation of members of the Board of Directors if
they are involved in financial crimes and are proven
to have made a mistake.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 571
Page 572
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Pengungkapan
pada
Rekomendasi Penjelasan dan Pelaksanaan AR dan SR PGE
No 2024 (Halaman)
Recommendation Explanation and Implementation
Disclosure on AR and
SR PGE 2024 (Page)
1.2 Penilaian Kinerja – Direksi dan Anggotanya | Performance Assessment – the Board of Directors and Members
1.2.1 Dewan Komisaris melakukan evaluasi formal Poin | Point 1.2.1-1.2.1 337 - 338
tahunan secara obyektif dan independen untuk Terpenuhi | Complied
menentukan efektivitas Direksi dan setiap individu
Direktur. Dewan Komisaris telah melakukan evaluasi
formal tahunan secara obyektif dan
The Board of Commissioners conducts annual formal independen untuk menentukan efektivitas
evaluations objectively and independently to Direksi dan setiap individu Direktur sesuai
determine the effectiveness of the Board of Directors Board Manual yang mengatur bahwa Direksi
and each individual Director. dan Dewan Komisaris Perseroan
mengimplementasikan Key Performance Index
(KPI), dan melakukan penilaian kinerja Direksi
1.2.2 Dewan Komisaris dengan pertimbangan Komite sesuai dengan pencapaian KPI Direksi yang 371 - 384
Nominasi dan Remunerasi, bertanggung jawab dilaporkan dalam RUPS.
menentukan kriteria evaluasi kinerja dan menilai
kinerja Direktur Utama dan anggota Direksi Penilaian kinerja Direksi dilaksanakan setiap
lainnya. tahun, dan untuk penilaian kinerja tahun
2024 telah diungkapkan dalam Laporan
The Board of Commissioners, with the consideration Tahunan PGE 2024 pada Sub Bab Penilaian
of the Nomination and Remuneration Committee, is Kinerja Direksi.
responsible for determining performance evaluation
criteria and assessing the performance of the The Board of Commissioners has conducted
President Director and other members of the Board an annual formal evaluation objectively and
of Directors. independently to determine the effectiveness of
the Board of Directors and each individual
Director in accordance with the Board
Manual which stipulates that the Company’s
Board of Directors and Board of
Commissioners implement the Key
Performance Index (KPI), and conduct an
assessment of the Board of Directors’
performance in accordance with the
achievement of the Board of Directors’ KPI
reported in the GMS.
The Board of Directors’ performance
assessment is carried out annually, and the
2024 performance assessment has been
disclosed in the PGE 2024 Annual Report in
the Subchapter on the Board of Directors’
Performance Assessment.
572 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 573
Pengungkapan
pada
Rekomendasi Penjelasan dan Pelaksanaan AR dan SR PGE
No 2024 (Halaman)
Recommendation Explanation and Implementation
Disclosure on AR and
SR PGE 2024 (Page)
1.3 Peran dan Tanggung Jawab Dewan Komisaris | Roles and Responsibilities of the Board of Commissioners
1.3.1 Dewan Komisaris mereview strategi korporasi 321 - 322
paling tidak setiap tahun dan menyetujui misi, visi Poin | Point 1.3.1-1.3.13
dan strategi korporasi yang dirumuskan oleh Terpenuhi | Complied
Direksi. Dewan Komisaris juga mereview,
memberikan saran dan menyetujui rencana bisnis Dewan Komisaris telah menjalankan peran
dan rencana keuangan jangka panjang dan dan tanggung jawabnya untuk melakukan
rencana keuangan jangka pendek korporasi. review serta menyetujui visi, misi dan strategi
Dewan Komisaris memberikan advis dan melakukan korporasi yang dirumuskan oleh Direksi.
pemantauan kepada Direksi atas pengelolaan Selain itu, Dewan Komisaris juga melakukan
implementasinya. Direksi dan Dewan Komisaris review, memberi saran, serta menyetujui
terlibat dalam keputusan yang sangat penting bagi rencana keuangan jangka pendek dan
korporasi, diatur dalam anggaran dasar korporasi. jangka panjang Perseroan.
The Board of Commissioners reviews the corporate Sebagai bagian dari tugas pengawasan,
strategy at least annually and approves the mission, secara berkala Dewan Komisaris memberikan
vision and corporate strategy formulated by the saran dan melakukan pemantauan
Board of Directors. The Board of Commissioners pengelolaan yang dilakukan oleh Direksi.
also reviews, provides advice and approves Direksi dan Dewan Komisaris juga terlibat
business plans and long-term financial plans and dalam keputusan yang sangat penting bagi
short-term financial plans of the corporation. The korporasi, yang diatur dalam anggaran dasar
Board of Commissioners provides advice and korporasi.
monitors the Board of Directors regarding
implementation management. The Board of Directors Peran dan tanggung jawab Dewan Komisaris
and the Board of Commissioners are involved in telah dijelaskan di dalam Anggaran Dasar
very important decisions for the corporation, Perusahaan Pasal 19 dan Board Manual
regulated in the corporation’s Articles of yang dapat diakses melalui situs web
Association. Perseroan https://www.pge.pertamina.com/
Media/Uploads/keberlanjutan/file/
1.3.2 Jenis keputusan yang memerlukan persetujuan Board%20Manual%202023_.pdf. 324
Dewan Komisaris harus diungkapkan dalam
laporan tahunan. The Board of Commissioners has conducted its
role and responsibility to review and approve
The types of decisions that require approval from the the corporate vision, mission and strategy
Board of Commissioners must be disclosed in the formulated by the Board of Directors. In
Annual Report. addition, the Board of Commissioners also
1.3.3 Dengan memperhatikan rekomendasi Komite reviews, provides advice, and approves the 378 - 383
Nominasi dan Remunerasi, Dewan Komisaris Company’s short-term and long-term financial
mengusulkan kepada, dan untuk diputuskan oleh, plans.
RUPS pengangkatan dan/atau pemberhentian
anggota Direksi dan anggota Dewan Komisaris. As part of its supervisory duties, the Board of
Dalam mengusulkan hal di atas, Dewan Komisaris Commissioners periodically provides advice
Memperhatikan keberagaman, unsur non and monitors the management conducted by
diskriminatif dan memberikan kesempatan yang the Board of Directors. The Board of Directors
sama tanpa membedakan suku, agama, ras, antar and the Board of Commissioners are also
golongan dan gender. Dewan Komisaris involved in decisions that are very important to
memastikan proses pencalonan dan pemilihan the corporation, which are regulated in the
anggota Direksi dan anggota Dewan Komisaris corporation’s articles of association.
adalah formal dan transparan..
The role and responsibilities of the Board of
By taking into account the recommendations of the Commissioners have been presented in the
Nomination and Remuneration Committee, the Company’s Articles of Association Article 19
Board of Commissioners proposes to, and is and the Board Manual which can be
decided by, the GMS the appointment and/or accessed through the Company’s website
dismissal of members of the Board of Directors and https://www.pge.pertamina.com/Media/
members of the Board of Commissioners. In Uploads/keberlanjutan/file/Board%20
proposing the above, the Board of Commissioners Manual%202023_.pdf.
pays attention to diversity, non-discriminatory
elements and provides equal opportunities
regardless of ethnicity, religion, race, group, and
gender. The Board of Commissioners ensures that
the nomination and election process for members of
the Board of Directors and members of the Board of
Commissioners is formal and transparent
2024 Annual Report PT Pertamina Geothermal Energy Tbk 573
Page 574
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1.3.4 Dewan Komisaris atau Komite yang menjalankan 371 - 375
fungsi nominasi menyusun kebijakan suksesi dalam
proses nominasi anggota Direksi. Setiap tahun
Dewan Komisaris meninjau laporan pelaksanaan
rencana pengembangan dan suksesi yang
disampaikan Direktur Utama.
The Board of Commissioners or the Committee that
carries out the nomination function prepares a
succession policy in the nomination process for
members of the Board of Directors. Every year the
Board of Commissioners reviews the development
and succession plan implementation report
submitted by the President Director.
1.3.5 Dewan Komisaris 378 - 383
a) Mengajukan kepada RUPS, yang dapat
didahului oleh usulan dari Komite yang
menjalankan fungsi remunerasi, besaran
remunerasi anggota Direksi dan anggota
Dewan Komisaris yang selaras dengan
pengembangan korporasi yang berkelanjutan
dan kepentingan jangka panjang korporasi
dan pemegang saham;
b) Secara berkala mereview sistem remunerasi
Direksi dan Dewan Komisaris.
The Board of Commissioners
a) Submit to the GMS, which may be preceded
by a proposal from the Committee that carries
out the remuneration function, the amount of
remuneration for members of the Board of
Directors and members of the Board of
Commissioners that is aligned with sustainable
corporate development and the long-term
interests of the corporation and shareholders;
b) Periodically review the remuneration system
for the Board of Directors and Board of
Commissioners.
1.3.6 Dewan Komisaris mengawasi efektivitas kebijakan 321 - 324
governansi korporat dan implementasinya serta
mengusulkan perubahan jika diperlukan.
The Board of Commissioners monitors the
effectiveness of corporate governance policies and
their implementation and proposes changes if
necessary.
1.3.7 Dewan Komisaris memantau dan mengarahkan 495, 509
agar korporasi menerapkan manajemen risiko dan
sistem pengendalian internal yang tepat dan efektif
yang selaras dengan tujuan, sasaran, dan strategi
korporasi serta mematuhi peraturan perundang-
undangan, kode perilaku dan standar yang
berlaku.
The Board of Commissioners monitors and directs
the corporation to implement appropriate and
effective risk management and internal control
systems that are aligned with corporate goals,
targets and strategies and comply with applicable
laws and regulations, codes of conduct and
standards.
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Disclosure on AR and
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1.3.8 Dewan Komisaris mengawasi dan mengarahkan 321 - 324
agar tercapai integrasi akuntansi dan sistem
pelaporan keuangan korporat, serta independensi
fungsi audit internal dan eksternal.
The Board of Commissioners supervises and directs
the integration of accounting and corporate
financial reporting systems, as well as the
independence of the internal and external audit
functions.
1.3.9 Dewan Komisaris memantau, mereview dan 321 - 324
menyetujui laporan tahunan dan laporan
keberlanjutan Korporasi serta memastikan
integritasnya, serta mengawasi proses
pengungkapan dan pengkomunikasian korporasi.
The Board of Commissioners monitors, reviews, and
approves the Corporation’s Annual Report and
Sustainability Report and ensures their integrity, as
well as oversees the corporate disclosure and
communication process.
1.3.10 Piagam Dewan Komisaris secara periodik ditinjau. 321
The Board of Commissioners Charter is periodically
reviewed.
1.3.11 Dewan Komisaris mempunyai kebijakan terkait 371 - 374
pengunduran diri anggota Dewan Komisaris
apabila terlibat dalam kejahatan keuangan dan
terbukti melakukan kesalahan.
The Board of Commissioners has a policy regarding
the resignation of members of the Board of
Commissioners if they are involved in financial
crimes and are proven to have made a mistake.
1.3.12 Komisaris Independen sangat diharapkan untuk 319 - 320
dapat berkontribusi dalam diskusi yang jujur,
obyektif, aktif dan konstruktif pada rapat Dewan
Komisaris.
Independent Commissioners are highly expected to
be able to contribute to honest, objective, active
and constructive discussions at the Board of
Commissioners meetings.
1.3.13 Komisaris Utama berperan sebagai koordinator 322
Dewan Komisaris dan memastikan efektivitasnya.
Komisaris Utama mendorong budaya keterbukaan
dan dialog konstruktif yang memungkinkan
berbagai pandangan diungkapkan, termasuk
mengkoordinasi penetapan agenda rapat dewan
yang tepat dan memastikan waktu yang cukup
tersedia untuk mendiskusikan semua agenda. Selain
itu, juga harus ada kesempatan bagi Dewan
Komisaris untuk bertemu dengan jajaran Direksi dan
manajemen senior.
The President Commissioner acts as coordinator of
the Board of Commissioners and ensures its
effectiveness. The President Commissioner
encourages a culture of openness and constructive
dialogue that allows a variety of views to be
expressed, including coordinating the setting of
appropriate board meeting agendas and ensuring
sufficient time is available to discuss all agenda
items. Apart from that, there must also be an
opportunity for the Board of Commissioners to meet
with the Board of Directors and senior management.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 575
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Disclosure on AR and
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1.4 Pembentukan Komite | Establishment of Committees
1.4.1 Korporasi memiliki komite-komite di bawah Dewan Poin | Point 1.4.1-1.4.3 391 - 443
Komisaris sekurang-kurangnya terdiri dari: Komite Terpenuhi | Complied
Audit, Komite Nominasi dan Remunerasi dan
Komite Pemantau Manajemen Risiko. Dewan Komisaris Perseroan menjalankan
tugas pengawasannya dibantu oleh 3 (tiga)
The Corporation has committees under the Board of Komite di bawah Dewan Komisaris yaitu:
Commissioners consisting of at least: Audit • Komite Audit
Committee, Nomination and Remuneration • Komite Nominasi dan Remunerasi
Committee, and Risk Management Monitoring • Komite Investasi & Manajemen Risiko
Committee.
Dewan Komisaris memastikan bahwa seluruh
1.4.2 Dewan Komisaris memastikan bahwa anggota anggota Komite mayoritas berasal dari pihak 397
Komite Audit seluruhnya independen dan komite independen, serta memiliki kompetensi,
lain yang dibentuk Dewan Komisaris adalah komitmen, dan wewenang yang memadai
mayoritas dari pihak independen, serta semua untuk menjalankan perannya secara efektif
anggota komite memiliki kompetensi, berkomitmen, dan independen.
serta memiliki wewenang yang memadai untuk
menjalankan perannya secara efektif dan Informasi lengkap terkait Komite di bawah
independen. Dewan Komisaris diungkapkan dalam
Laporan Tahunan PGE 2024 pada Sub Bab
The Board of Commissioners ensures that all Komite di Bawah Dewan Komisaris.
members of the Audit Committee are independent
and that the majority of other committees formed by The Company’s Board of Commissioners
the Board of Commissioners are independent, and performs its supervisory duties assisted by 3
that all committee members are competent, (three) Committees under the Board of
committed and have sufficient authority to carry out Commissioners, namely:
their roles effectively and independently. • Audit Committee
• Nomination and Remuneration
1.4.3 Untuk memastikan pemantauan atas pelaksanaan Committee 398 - 399
tugas Komite Audit berjalan obyektif dan • Investment & Risk Management
independen, Komisaris Utama tidak boleh menjadi Committee
ketua Komite Audit, kecuali dalam keadaan luar
biasa yang harus dijelaskan dalam laporan The Board of Commissioners ensures that all
tahunan. members of the Committee are mostly
independent parties, and have sufficient
To ensure that monitoring of the implementation of competence, commitment, and authority to
the Audit Committee’s duties is objective and conduct their roles effectively and
independent, the President Commissioner may not independently.
be chairperson of the Audit Committee, except in
extraordinary circumstances which must be Detailed information regarding the
explained in the annual report. Committees under the Board of Commissioners
is disclosed in the 2024 PGE Annual Report in
the Subchapter of Committees under the
Board of Commissioners.
Penilaian Kinerja - Dewan Komisaris dan Anggotanya |
1.5
Performance Assessment – the Board of Commissioners and Members
1.5.1 Dewan Komisaris melakukan evaluasi formal Poin | Point 1.5.1 337 - 340
tahunan secara obyektif untuk menentukan Terpenuhi | Complied
efektivitas Dewan, komitenya, dan setiap individu
komisaris. Penilaian kinerja Dewan Komisaris
dilaksanakan setiap tahun, dan untuk
The Board of Commissioners conducts an annual penilaian kinerja tahun 2024 telah
formal evaluation objectively to determine the diungkapkan dalam Laporan Tahunan PGE
effectiveness of the Board, its committees and each 2024 pada Sub Bab Penilaian Kinerja Dewan
individual commissioner. Komisaris.
The performance of the Board of
Commissioners is assessed annually, and the
performance assessment for 2024 has been
disclosed in the 2024 PGE Annual Report in
the Subchapter on Board of Commissioners’
Performance Assessment.
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Disclosure on AR and
SR PGE 2024 (Page)
1.6 Benturan Kepentingan | Conflicts of Interest
1.6.1 Anggota Direksi yang mempunyai rangkap jabatan Poin | Point 1.6.1-1.6.2 385
di luar korporasi, harus mendapatkan persetujuan Terpenuhi | Complied
dari Dewan Komisaris. Seorang Komisaris memberi
tahu Dewan Komisaris dan ketua komite yang Aturan mengenai benturan kepentingan
menjalankan fungsi nominasi, sebelum menerima terdapat pada beberapa kebijakan internal
penunjukan baru sebagai direktur atau komisaris yang telah dimuat di dalam situs web
dari korporasi terbuka, jabatan direktur lainnya Perseroan, antara lain:
atau posisi lain dengan komitmen waktu yang 1. Anggaran Dasar, salah satunya
signifikan. mengenai rangkap jabatan Anggota
Direksi yang mempunyai rangkap
Members of the Board of Directors who hold jabatan di luar korporasi, harus
concurrent positions outside of the corporation must mendapatkan persetujuan dari Dewan
obtain approval from the Board of Commissioners. Komisaris. Dewan Komisaris telah
A Commissioner notifies the Board of Commissioners memberikan kebijakan dan pedoman
and the chair of the committee performing the yang jelas bagi anggota Direksi yang
nominating function, before accepting a new menjabat atau ingin menjabat sebagai
appointment as director or commissioner of a Direktur atau Komisaris di korporasi lain
publicly traded corporation, other directorship or seperti tercantum di dalam Anggaran
other position with a significant time commitment. Dasar dan Board Manual.
2. Seluruh Dewan Komisaris dan Direksi
1.6.2 Dewan Komisaris memantau dan mengelola potensi telah menandatangani Surat 386
benturan kepentingan manajemen, anggota Direksi, Pernyataan Tidak Memiliki Benturan
Dewan Komisaris dan pemegang saham, termasuk Kepentingan.
penyalahgunaan aset korporasi dan 3. Pedoman Penanganan Konflik
penyalahgunaan dalam transaksi pihak berelasi. Kepentingan / Conflict of Interest
Komisaris yang memiliki benturan kepentingan tidak Nomor: A-001/PGE500/2022-S9
turut serta dalam pemantauan dan pengambilan tanggal 31 Mei 2022.
keputusan atas potensi benturan kepentingan yang
melibatkan Komisaris atau afiliasi Komisaris yang The rules regarding conflicts of interest are
bersangkutan. outlined in several internal policies that have
been published on the Company’s website,
The Board of Commissioners monitors and manages including:
potential conflicts of interest of management, 1. Articles of Association, one of which
members of the Board of Directors, the Board of concerns concurrent positions. Members
Commissioners and shareholders, including misuse of the Board of Directors who hold
of corporate assets and misuse in related party concurrent positions outside the
transactions. Commissioners who have a conflict of corporation must obtain approval from
interest do not participate in monitoring and making the Board of Commissioners. The Board
decisions regarding potential conflicts of interest of Commissioners has provided clear
involving the Commissioner or affiliates of the policies and guidelines for members of
Commissioner concerned. the Board of Directors who serve or wish
to serve as Directors or Commissioners
in other corporations as stated in the
Articles of Association and Board
Manual.
2. All Board of Commissioners and
Directors have signed a Statement of No
Conflict of Interests.
3. Guidelines for Handling Conflicts of
Interest Number: A-001/
PGE500/2022-S9 dated 31 May 2022.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 577
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Peningkatan Kompetensi Anggota Direksi dan Dewan Komisaris
1.7
Competence Improvement for Members of the Board of Directors and the Board of Commissioners
1.7.1 Dewan Komisaris memastikan bahwa anggota Poin | Point 1.7.1 146 - 151
Direksi dan Dewan Komisaris memahami peran dan Terpenuhi | Complied
tanggung jawab mereka, karakteristik dan operasi
korporasi, peraturan perundang-undangan dan Dalam rangka mendukung pelaksanaan tugas
standar yang relevan serta kewajiban lain yang dan fungsi Dewan Komisaris dan Direksi,
berlaku. Direksi melalui sekretaris korporasi Perseroan mendukung upaya meningkatkan
mendukung semua anggota Direksi dan Dewan kompetensi sebagaimana dijelaskan secara
Komisaris dalam memperbarui dan menyegarkan detail pada Bab Profil Perusahaan terkait
keterampilan dan pengetahuan mereka yang Pengembangan Kompetensi Dewan Komisaris
diperlukan untuk menjalankan peran mereka di dan Direksi.
Dewan.
To support the implementation of the duties
The Board of Commissioners ensures that members and functions of the Board of Commissioners
of the Board of Directors and the Board of and Board of Directors, the Company
Commissioners understand their roles and supports efforts to improve competency as
responsibilities, corporate characteristics and explained in detail in the Company Profile
operations, relevant laws and regulations and Chapter regarding the Development of
standards as well as other applicable obligations. Competence of the Board of Commissioners
The Board of Directors through the corporate and Board of Directors.
secretary supports all members of the Board of
Directors and the Board of Commissioners in
updating and refreshing their skills and knowledge
necessary to carry out their roles on the Board.
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Recommendation Explanation and Implementation
Disclosure on AR and
SR PGE 2024 (Page)
PRINSIP | PRINCIPLE 2
KOMPOSISI DAN REMUNERASI DIREKSI DAN DEWAN KOMISARIS
COMPOSITION AND REMUNERATION OF THE BOARD OF DIRECTORS AND THE BOARD OF COMMISSIONERS
2.1 Komposisi Direksi dan Dewan Komisaris | Composition of the Board of Directors and Board of Commissioners
2.1.1 Dalam menentukan kandidat calon Direktur, Dewan Poin | Point 2.1.1-2.1.8 371 - 383
Komisaris melalui Komite Nominasi dan Remunerasi Terpenuhi | Complied
tidak hanya mengandalkan rekomendasi dari
Dewan Komisaris, manajemen atau pemegang Dalam menentukan kandidat calon Direktur,
saham mayoritas. Dewan Komisaris melalui Komite Dewan Komisaris melalui Komite Nominasi
Nominasi dan Remunerasi dapat menggunakan dan Remunerasi tidak hanya mengandalkan
sumber independen untuk menentukan kandidat rekomendasi dari Dewan Komisaris,
yang memenuhi syarat. manajemen atau pemegang saham
mayoritas, namun juga bisa menggunakan
In determining prospective Director candidates, the sumber/konsultan independen. Dewan
Board of Commissioners through the Nomination Komisaris memastikan bahwa kriteria dalam
and Remuneration Committee does not only rely on menyeleksi anggota Direksi mencakup
recommendations from the Board of Commissioners, pengetahuan, kemampuan dan keahlian
management or majority shareholders. The Board of yang dibutuhkan untuk memenuhi secara
Commissioners through the Nomination and tepat peran Direksi serta memperhatikan
Remuneration Committee can use independent terpenuhinya keberagaman Direksi.
sources to determine candidates who meet the
requirements. Persyaratan calon Dewan Komisaris dan
Direksi dapat dilihat dalam Board Manual
2.1.2 Dewan Komisaris memastikan bahwa kriteria dalam yang dapat diakses melalui situs web 371 - 374
menyeleksi anggota Direksi mencakup paling tidak Perseroan https://www.pge.pertamina.com/
pengetahuan, kemampuan dan keahlian yang Media/Uploads/keberlanjutan/file/
dibutuhkan untuk memenuhi secara tepat peran Board%20Manual%202023_.pdf.
Direksi serta memperhatikan terpenuhinya
keberagaman Direksi. In determining prospective candidates for
Directors, the Board of Commissioners through
The Board of Commissioners ensures that the criteria the Nomination and Remuneration Committee
for selecting members of the Board of Directors does not only rely on recommendations from
include at least the knowledge, abilities, and the Board of Commissioners, management or
expertise required to appropriately fulfill the role of ultimate shareholders, but can also use
the Board of Directors and pay attention to the independent sources/consultants. The Board
fulfillment of the diversity of the Board of Directors. of Commissioners ensures that the criteria in
2.1.3 Kebijakan korporasi tentang keberagaman pada, selecting members of the Board of Directors 388 - 390
Direksi dan Dewan Komisaris diungkapkan dalam include the knowledge, abilities and expertise
Laporan Tahunan. needed to properly fulfill the role of the Board
of Directors and pay attention to the fulfillment
Corporate policies regarding diversity among the of diversity of the Board of Directors.
Board of Directors and the Board of Commissioners
are disclosed in the Annual Report. The requirements for candidates for the Board
of Commissioners and Directors can be seen
in the Board Manual which can be accessed
through the Company’s website https://www.
pge.pertamina.com/Media/Uploads/
keberlanjutan/file/Board%20Manual%20
2023_.pdf.
2.1.4 Dewan Komisaris memastikan bahwa kebijakan dan 371 - 383
prosedur untuk seleksi dan nominasi Komisaris
adalah jelas dan transparan sehingga dapat
menghasilkan komposisi Dewan yang diinginkan.
Dewan Komisaris menggunakan sumber
independen untuk menentukan kandidat yang
memenuhi syarat.
The Board of Commissioners ensures that the
policies and procedures for the selection and
nomination of Commissioners are clear and
transparent so as to produce the desired Board
composition. The Board of Commissioners uses
independent sources to determine qualified
candidates.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 579
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2.1.5. Dewan Komisaris/Komite yang menjalankan fungsi 371, 411 - 427
nominasi menetapkan prosedur dan kriteria
nominasi yang konsisten dengan matriks keahlian
Dewan Komisaris yang telah disetujui Dewan
Komisaris dan memastikan bahwa profil kandidat
memenuhi persyaratan yang ditetapkan dalam
matriks keahlian dan kriteria nominasi.
The Board of Commissioners/Committee, which
carries out the nomination function, determines
nomination procedures and criteria that are
consistent with the Board of Commissioners' skills
matrix, which has been approved by the Board of
Commissioners and ensures that the candidate
profile meets the requirements set out in the skills
matrix and nomination criteria.
2.1.6 Komposisi Dewan Komisaris harus dibentuk 318 - 319,
sedemikian rupa sehingga anggota-anggotanya 387 - 390
secara kelompok mencerminkan keberagaman
dalam hal kemampuan, keahlian, pengetahuan,
pengalaman, usia, latar belakang budaya, dan
jender yang dibutuhkan untuk memenuhi secara
tepat peran Dewan Komisaris.
The composition of the Board of Commissioners must
be formed in such a way that its members as a
group reflect the diversity in terms of abilities, skills,
knowledge, experience, age, cultural background
and gender required to appropriately fulfill the role
of the Board of Commissioners.
2.1.7 Untuk memampukan Dewan Komisaris dalam 319 - 320
memberikan advis dan supervisi secara independen
kepada Direksi dan untuk peran-peran yang
terdapat potensi benturan kepentingan, Dewan
Komisaris terdiri dari Komisaris Independen yang
cukup jumlahnya, dengan masa jabatan yang
dibatasi dan terdapat pengungkapan Jangka waktu
keanggotaan Dewan Komisaris serta independensi
mereka dari sudut pandang korporasi.
To enable the Board of Commissioners to provide
independent advice and supervision to the Board of
Directors and for roles where there is a potential
conflict of interest, the Board of Commissioners
consists of a sufficient number of Independent
Commissioners, with limited terms of office and
disclosure of the term of membership of the Board of
Commissioners and their independence from a
corporate perspective.
2.1.8 Untuk memfasilitasi fungsi Direksi dan Dewan 371
Komisaris yang efektif dan guna meningkatkan
kepercayaan investor dan pemangku kepentingan,
Komite Nominasi dan Remunerasi memastikan
bahwa terdapat proses yang formal, ketat dan
transparan untuk penunjukan dan pengangkatan
anggota Direksi dan Dewan Komisaris.
To facilitate the effective functioning of the Board of
Directors and the Board of Commissioners and to
increase investor and stakeholder trust, the
Nomination and Remuneration Committee ensures
that there is a formal, strict and transparent process
for the designation and appointment of members of
the Board of Directors and the Board of
Commissioners.
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Recommendation Explanation and Implementation
Disclosure on AR and
SR PGE 2024 (Page)
2.2 Remunerasi Direksi dan Dewan Komisaris | Remuneration for the Board of Directors and Board of Commissioners
2.2.1 Kebijakan remunerasi anggota Direksi terdiri atas Poin | Point 2.2.1-2.2.3 Terpenuhi | Complied 378 - 383
struktur remunerasi yang berorientasi pada
pengembangan korporasi yang berkelanjutan dan Pedoman penetapan gaji/honorarium bagi
mendorong pencapaian tujuan jangka panjang. Direksi dan Dewan Komisaris mengacu pada:
Remunerasi Direksi harus diusulkan, dapat dengan 1. Anggaran Dasar PT Pertamina
melalui Komite Nominasi dan Remunerasi, oleh Geothermal Energy Tbk (Perseroan)
Dewan Komisaris untuk diputuskan oleh RUPS. Pasal 15.
Jumlah remunerasi yang diusulkan kepada RUPS 2. Peraturan Menteri Badan Usaha Milik
tersebut ditetapkan dengan mempertimbangkan Negara Nomor: PER-3 /MBU/03/2023
peran setiap anggota Direksi dan situasi ekonomi tentang Organ dan Sumber Daya
serta kinerja korporasi. Manusia Badan Usaha Milik Negara.
3. Surat Direktur Utama PT Pertamina
The remuneration policy for members of the Board Geothermal Energy Tbk No. R-006/
of Directors consists of a remuneration structure that PGE000/2024-SS tanggal 19 Maret
is oriented towards sustainable corporate 2024 perihal Usulan Penetapan
development and encourages the achievement of Remunerasi Tahun 2024 dan Tantiem
long-term goals. Directors' remuneration must be Tahun 2023 Bagi Direksi dan Dewan
proposed, possibly through the Nomination and Komisaris PT Pertamina Geothermal
Remuneration Committee, by the Board of Energy Tbk.
Commissioners to be decided by the GMS. The 4. Surat Komite Nominasi dan Remunerasi
amount of remuneration proposed to the GMS is No. R-014/KNR/DK/PGE/2024-S0
determined by considering the role of each member Tanggal 22 Maret 2024 perihal
of the Board of Directors and the economic situation Penetapan Remunerasi 2023 dan
and corporate performance. Tantiem 2022 Bagi Direksi dan Dewan
Komisaris PT PGE Tbk.
2.2.2 Kebijakan remunerasi anggota Dewan Komisaris 378 - 383
terdiri atas struktur remunerasi yang berorientasi Guidelines for determining salaries/
pada pengembangan korporasi yang berkelanjutan honorariums for the Board of Directors and
dan mendorong pencapaian tujuan jangka Board of Commissioners refer to:
panjang. Jumlah remunerasi yang diusulkan Dewan 1. Article 15 of the Articles of Association of
Komisaris kepada RUPS tersebut ditetapkan dengan PT Pertamina Geothermal Energy Tbk
mempertimbangkan peran setiap anggota Dewan (the Company).
Komisaris dan situasi ekonomi serta kinerja 2. Regulation of the Minister of State-
korporasi. Di samping itu juga harus Owned Enterprises Number: PER-3 /
dipertimbangkan posisinya sebagai Komisaris MBU / 03/2023 on Organs and Human
Utama dan ketua serta keanggotaannya dalam Resources of State-Owned Enterprises.
komite-komite. 3. Letter of the President Director of PT
Pertamina Geothermal Energy Tbk No.
The remuneration policy for members of the Board R-006 / PGE000 / 2024-SS dated 19
of Commissioners consists of a remuneration March 2024 on the Proposal for
structure that is oriented towards sustainable Determination of Remuneration for 2024
corporate development and encourages the and Tantiem for 2023 for the Board of
achievement of long-term goals. The amount of Directors and Board of Commissioners of
remuneration proposed by the Board of PT Pertamina Geothermal Energy Tbk.
Commissioners to the GMS is determined by 4. Letter of the Nomination and
considering the role of each member of the Board of Remuneration Committee No. R-014 /
Commissioners and the economic situation and KNR / DK / PGE / 2024-S0 dated 22
corporate performance. In addition, the March 2024 on Determination of
consideration must also be given to the position as Remuneration for 2023 and Tantiem for
President Commissioner and chairperson as well as 2022 for the Board of Directors and
the membership in committees. Board of Commissioners of PT PGE Tbk.
2.2.3 Untuk memastikan bahwa paket remunerasi 378 - 383
ditentukan berdasarkan prestasi, kualifikasi dan
kompetensi Direktur dan Komisaris dengan
memperhatikan kinerja operasi korporasi, kinerja
individu dan kondisi pasar, Komite Nominasi dan
Remunerasi memastikan bahwa terdapat prosedur
yang adil dan transparan untuk menetapkan
kebijakan remunerasi anggota Direksi dan Dewan
Komisaris.
To ensure that remuneration packages are
determined based on the achievements,
qualifications, and competencies of Directors and
Commissioners by taking into account corporate
operational performance, individual performance
and market conditions, the Nomination and
Remuneration Committee ensures that there are fair
and transparent procedures for determining
remuneration policies for members of the Board of
Directors and the Board of Commissioners.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 581
Page 582
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Pengungkapan
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Recommendation Explanation and Implementation
Disclosure on AR and
SR PGE 2024 (Page)
PRINSIP | PRINCIPLE 3
HUBUNGAN KERJA ANTARA DIREKSI DAN DEWAN KOMISARIS
WORKING RELATIONS BETWEEN THE BOARD OF DIRECTORS AND THE BOARD OF COMMISSIONERS
3.1 Sifat Hubungan Kerja | Nature of Working Relations
3.1.1 Terdapat diskusi yang terbuka antara Direksi Poin | Point 3.1.1-3.1.3 331 - 336
dengan Dewan Komisaris serta di antara para Terpenuhi | Complied
anggota Direksi dan para anggota Dewan
Komisaris. Namun, tetap penting menjaga Diskusi antara Direksi dengan Dewan
kerahasiaan informasi agar tidak terjadi kebocoran Komisaris dilakukan melalui Rapat Gabungan
informasi rahasia. Dewan Komisaris dan Direksi dengan tetap
menjaga kerahasiaan informasi. Informasi
There are open discussions between the Board of mengenai Rapat Gabungan dapat dilihat
Directors and the Board of Commissioners as well pada Sub Bab Rapat Gabungan Dewan
as between members of the Board of Directors and Komisaris dan Direksi dalam bab Tata Kelola
members of the Board of Commissioners. However, ini.
it is still important to maintain the confidentiality of
information to prevent leaks of confidential Rapat Gabungan Dewan Komisaris dengan
information. Direksi dilaksanakan minimal 1 kali dalam 4
bulan. Hal ini telah sesuai dengan Pasal 31
3.1.2 Sesuai dengan tugas dan perannya masing-masing, ayat (1) dan (3) Peraturan Otoritas Jasa 105 - 106
Direksi bekerja sama dengan Dewan Komisaris Keuangan No. 33/ POJK.04/2014 tentang
dalam merumuskan misi, visi dan strategi korporasi Direksi dan Dewan Komisaris Emiten atau
dan secara reguler membahas Perusahaan Publik, serta ketentuan Pasal 16
pengimplementasiannya. Anggaran Dasar Perseroan.
In accordance with their respective duties and roles, Discussions between the Board of Directors
the Board of Directors collaborates with the Board and the Board of Commissioners are
of Commissioners in formulating the corporate conducted through Joint Meetings of the
mission, vision, and strategy and regularly discusses Board of Commissioners and the Board of
their implementation. Directors while maintaining the confidentiality
3.1.3 Sekretaris Korporasi memiliki peran penting dalam of information. Information regarding Joint 451 - 455
mendukung efektivitas hubungan kerja antara Meetings can be seen in the Subchapter Joint
Direksi dengan Dewan komisaris, mendorong Meetings of the Board of Commissioners and
implementasi praktik governansi korporat yang the Board of Directors in this Governance
baik, termasuk komunikasi yang efektif dengan chapter.
pemegang saham dan pemangku kepentingan
lainnya. Joint Meetings of the Board of Commissioners
and the Board of Directors are held at least
The Corporate Secretary plays an important role in once every 4 months. This is in accordance
supporting the effectiveness of the working with Article 31 paragraph (1) and (3) of the
relationship between the Board of Directors and the Financial Services Authority Regulation No.
Board of Commissioners, encouraging the 33/POJK.04/2014 on the Board of Directors
implementation of good corporate governance and the Board of Commissioners of Issuers or
practices, including effective communication with Public Companies, as well as the provisions of
shareholders and other stakeholders. Article 16 of the Company’s Articles of
Association.
3.2 Akses Informasi Dewan Komisaris | Access to Information of the Board of Commissioners
3.2.1 Direksi bertanggung jawab untuk memastikan Poin | Point 3.2.1 331 - 336
Dewan Komisaris mendapatkan akses informasi Terpenuhi | Complied
yang akurat, relevan dan tepat waktu. Dewan
Komisaris sendiri memastikan bahwa ia memperoleh Direksi memastikan Dewan Komisaris
informasi yang memadai. Direksi menyediakan mendapatkan akses informasi yang akurat,
informasi kepada Dewan Komisaris secara teratur, relevan dan tepat waktu sesuai kewenangan
tanpa penundaan dan secara komprehensif tentang yang tercantum di dalam Anggaran Dasar
semua masalah yang relevan dengan korporasi. dan Board Manual. Penyampaian informasi
Dewan Komisaris sewaktu-waktu dapat meminta biasanya dilakukan melalui Rapat Gabungan
Direksi untuk memberikan informasi tambahan. Dewan Komisaris dan Direksi. Meski
demikian, Dewan Komisaris sewaktu-waktu
The Board of Directors is responsible for ensuring dapat meminta informasi tambahan dari
that the Board of Commissioners has access to Direksi.
accurate, relevant and timely information. The Board
of Commissioners itself ensures that it obtains The Board of Directors ensures that the Board
adequate information. The Board of Directors of Commissioners has access to accurate,
provides information to the Board of Commissioners relevant and timely information in accordance
regularly, without delay and comprehensively on all with the authority stated in the Articles of
issues relevant to the corporation. The Board of Association and the Board Manual. The
Commissioners may at any time request additional delivery of information is usually done through
information from the Board of Directors. a Joint Meeting of the Board of
Commissioners and the Board of Directors.
However, the Board of Commissioners may at
any time request additional information from
the Board of Directors.
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Recommendation Explanation and Implementation
Disclosure on AR and
SR PGE 2024 (Page)
3.3 Tanggung Jawab Direksi dan Dewan Komisaris atas Dampak Struktur Kepemilikan terhadap
Korporasi
Responsibilities of the Board of Directors and The Board of Commissioners on the Impact of the Ownership Structure on the
Corporation
3.3.1 Dampak struktur kepemilikan terhadap Korporasi. Poin | Point 3.3.1 152 - 158
Direksi dan Dewan Komisaris mempertimbangkan Terpenuhi | Complied
tanggung jawabnya dalam konteks struktur
kepemilikan saham dan hubungan antar pemegang
saham korporasi yang mungkin berdampak Seluruh anggota Dewan Komisaris dan
terhadap pengelolaan dan operasi korporasi. Direksi beserta keluarganya tidak memiliki
saham PGE, sebagaimana tercantum dalam
The impact of ownership structure on the Surat Pernyataan Kepemilikan Saham yang
Corporation. The Board of Directors and the Board ditandatangani pada awal tahun 2024 oleh
of Commissioners consider their responsibilities in masing-masing anggota Dewan Komisaris
the context of the share ownership structure and dan Direksi. Laporan Kepemilikan Saham
relationships between corporate shareholders that anggota Direksi dan Dewan Komisaris
may have an impact on the management and secara bulanan juga disampaikan kepada
operations of the corporation. Otoritas Jasa Keuangan (OJK) serta Bursa
Efek Indonesia (BEI) melalui Sistem Pelaporan
Elektronik (SPE), dan dimuat dalam situs web
Perusahaan, menu “Investor”.
All members of the Board of Commissioners
and Board of Directors and their families do
not own PGE shares, as stated in the Share
Ownership Statement signed in early 2024 by
each member of the Board of Commissioners
and Board of Directors. The Share Ownership
Report of members of the Board of Directors
and Board of Commissioners is also submitted
monthly to the Financial Services Authority
(OJK) and the Indonesia Stock Exchange
(IDX) through the Electronic Reporting System
(SPE), and is published on the Company’s
website, menu “Investor”.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 583
Page 584
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No 2024 (Halaman)
Recommendation Explanation and Implementation
Disclosure on AR and
SR PGE 2024 (Page)
PRINSIP | PRINCIPLE 4
PERILAKU ETIS
ETHICAL CONDUCT
4.1 Pedoman Etika dan Perilaku | Code of Ethics and Code of Conduct
4.1.1 Pernyataan ini dituangkan dalam Pedoman Perilaku Poin 4.1.1-4.1.2 528 - 530
dan Etika Usaha yang harus secara jelas Terpenuhi
mengungkapkan harapan korporasi bahwa setiap
anggota Direksi dan Dewan Komisaris serta PGE telah memiliki Pedoman Etika Usaha dan
Karyawan: Etika Kerja Nomor No. Kpts-035/DK/
1. Bertindak untuk kepentingan terbaik PGE/2023-S0 dan No. Kpts-036/
korporasi; PGE000/2023-S0 yang disahkan oleh
2. Bertindak dengan jujur dan dengan integritas Direktur Utama pada tanggal 31 Mei 2023
berstandar tinggi; dan telah diungkapkan di dalam Laporan
3. Bersikap independen dan bertindak Tahunan dan Laporan Keberlanjutan PGE.
berdasarkan informasi yang lengkap, dengan Pedoman juga dimuat di dalam situs web
itikad baik, dengan uji tuntas dan kehati- Perseroan https://www.pge.pertamina.com/
hatian. Media/Uploads/keberlanjutan/file/Code_
4. Mematuhi peraturan perundang-undangan of_Conduct_-_PGEO%20update.pdf.
yang berlaku bagi korporasi dan operasinya;
5. Menghindari tindakan yang melanggar
peraturan perundang-undangan atau
tindakan yang tidak etis berdasarkan
pedoman etika korporasi;
6. Tidak terlibat atau berpartisipasi dalam
kegiatan apapun yang akan menimbulkan
benturan kepentingan dengan kepentingan
terbaik korporasi atau yang akan berdampak
negatif terhadap reputasi korporasi;
7. Tidak mengambil manfaat atas properti atau
informasi yang dimiliki korporasi, kepemilikan
aset lainnya atau pelanggannya untuk
kepentingan pribadi atau yang menyebabkan
kerugian bagi korporasi dan pelanggannya.
8. Tidak memanfaatkan jabatannya atau
peluang yang dihasilkan oleh jabatannya
untuk kepentingan pribadi.
9. Menghindari perbuatan meminta atau
menerima dari pihak ketiga pembayaran,
gratifikasi atau keuntungan lain untuk dirinya
sendiri atau untuk orang lain yang
menimbulkan benturan kepentingan/
memberikan keuntungan kepada pihak ketiga
secara melanggar peraturan perundang-
undangan.
10. Menghormati perbedaan pendapat dan
hak-hak setiap anggota Direksi, Dewan
Komisaris, dan karyawan.
11. Memastikan pengungkapan yang lengkap,
adil, akurat, tepat waktu, dan dapat
dipahami dalam laporan dan dokumen yang
disampaikan korporasi kepada regulator dan
dalam komunikasi publik lainnya.
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Recommendation Explanation and Implementation
Disclosure on AR and
SR PGE 2024 (Page)
This statement is outlined in the Code of Conduct Point 4.1.1-4.1.2 Complied
and Business Ethics which must clearly express the
corporation's expectations that each member of the PGE has established Business Ethics and Work
Board of Directors and Board of Commissioners as Ethics Guidelines Number No. Kpts-035/DK/
well as employees: PGE/2023-S0 and No. Kpts-036/
1. Act in the best interests of the corporation; PGE000/2023-S0 which were approved by
2. Act honestly and with high standards of the President Director on 31 May 2023 and
integrity; have been disclosed in the PGE Annual Report
3. Be independent and act based on complete and Sustainability Report. The guidelines are
information, in good faith, with due diligence also published on the Company’s website
and care. https://www.pge.pertamina.com/Media/
4. Comply with the laws and regulations that Uploads/keberlanjutan/file/Code_of_
apply to the corporation and its operations; Conduct_-_PGEO%20update.pdf.
5. Avoid actions that violate laws and regulations
or unethical actions based on corporate
ethical guidelines;
6. Not be involved or participate in any activities
that will create a conflict of interest with the
best interests of the corporation or that will
have a negative impact on the corporation's
reputation;
7. Do not take advantage of property or
information owned by the corporation,
ownership of other assets or its customers for
personal gain or which causes losses to the
corporation and its customers.
8. Not taking advantage of his position or the
opportunities resulting from his position for
personal gain.
9. Avoid acts of requesting or receiving from
third parties payments, gratuities or other
benefits for oneself or for other people which
creates a conflict of interest/providing benefits
to third parties in violation of laws and
regulations.
10. Respect differences of opinion and the rights of
every member of the Board of Directors, the
Board of Commissioners and employees.
11. Ensure complete, fair, accurate, timely and
understandable disclosure in reports and
documents submitted by the corporation to
regulators and in other public communications.
4.1.2 Direksi menetapkan kebijakan dan praktik anti 528 - 530,
pencucian uang dan pendanaan terorisme, anti 536 - 539
suap, antikorupsi, antikecurangan (antifraud),
keterlibatan dalam politik dengan mengacu pada
standar nasional atau internasional mengenai anti
pencucian uang, anti suap, antikorupsi,
antikecurangan atau standar terkait lainnya.
The Board of Directors determines policies and
practices for anti-money laundering and terrorism
financing, anti-bribery, anti-corruption, anti-fraud,
involvement in politics by referring to national or
international standards regarding anti-money
laundering, anti-bribery, anti-corruption, anti-fraud
or other related standards.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 585
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Recommendation Explanation and Implementation
Disclosure on AR and
SR PGE 2024 (Page)
4.2 Nilai-nilai dan Budaya Organisasi | Organization Values and Culture
4.2.1 Korporasi mengartikulasikan, menumbuhkan Poin | Point 4.2.1 106
dan mengungkapkan budaya dan nilai-nilai Terpenuhi | Complied
korporasi.
Sebagai bagian dari PT Pertamina (Persero),
Corporations articulate, instill, and express PGE turut mengimplementasikan core values
corporate culture and values. yang telah ditetapkan oleh Kementerian
BUMN, yaitu AKHLAK sebagai budaya
Perusahaan. Program Budaya AKHLAK
secara konsisten dilakukan dan dievaluasi
pelaksanaannya setiap 1 (satu) bulan sekali
melalui self-assessment.
As part of PT Pertamina (Persero), PGE also
implements the core values that have been set
by the Ministry of SOEs, namely AKHLAK as
the Company’s culture. The AKHLAK Culture
Program is consistently applied and its
implementation is evaluated every 1 (one)
month through self-assessment.
Komunikasi dan Penegakan Pedoman Etika, Nilai-nilai dan Budaya
4.3
Communications and Enforcement of Code of Ethics, Values, and Culture
4.3.1 Pedoman perilaku dan kode etik korporasi Poin | Point 4.3.1 528 - 530
dikomunikasikan secara efektif kepada Direksi, Terpenuhi | Complied
Dewan Komisaris, serta seluruh karyawan,
diintegrasikan ke dalam strategi dan operasi Pedoman perilaku dan kode etik korporasi
korporasi termasuk sistem manajemen risiko dan dikomunikasikan secara efektif dan
struktur remunerasi, serta ditegakkan. diintegrasikan ke dalam strategi dan operasi
korporasi melalui penerapan Pedoman Etika
The corporate Code of Conduct and Ethics are Usaha dan Etika Kerja. Setiap pelanggaran
communicated effectively to the Board of Directors, yang terbukti akan dikenakan sanksi.
the Board of Commissioners and all employees,
integrated into corporate strategy and operations The corporate code of conduct and code of
including the risk management system and ethics are effectively communicated and
remuneration structure, and enforced. integrated into corporate strategy and
operations through the implementation of the
Business Ethics and Work Ethics Guidelines.
Any proven violations will be subject to
sanctions.
PRINSIP | PRINCIPLE 5
MANAJEMEN RISIKO, PENGENDALIAN INTERN DAN KEPATUHAN
RISK MANAGEMENT, INTERNAL CONTROL, AND COMPLIANCE
5.1 Pengendalian Internal dan Kepatuhan | Internal Control and Compliance
5.1.1 Direksi melakukan review secara berkala atas Poin | Point 5.1.1 528 - 530
ketepatan desain dan efektivitas operasional sistem Terpenuhi | Complied
governansi, pengelolaan risiko, pengendalian
internal dan kepatuhan korporasi dan melaporkan Laporan Tahunan PGE telah memuat
pelaksanaan dan hasil review kepada para informasi mengenai efektivitas operasional
pemegang saham melalui laporan tahunan sistem governansi, pengelolaan risiko dan
Korporasi. pengendalian internal yang dapat dilihat
pada Sub Bab Sistem Pengendalian Internal
The Board of Directors periodically reviews the dan Manajemen Risiko pada Laporan
accuracy of the design and operational effectiveness Tahunan 2024 ini.
of the governance system, risk management, internal
control, and corporate compliance and reports the PGE’s Annual Report contains information on
implementation and results of the review to the operational effectiveness of the
shareholders through the Corporation’s Annual governance system, risk management and
Report. internal control which can be seen in the
Internal Control System and Risk Management
Subchapter in this 2024 Annual Report.
586 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Recommendation Explanation and Implementation
Disclosure on AR and
SR PGE 2024 (Page)
5.2 5.2.1 Strategi dan risiko merupakan satu kesatuan, Poin | Point 5.2.1-5.2.2 496 - 527
diungkapkan secara transparan, masuk ke dalam Terpenuhi | Complied
pelaksanaan tugas dan tanggung jawab Direksi
dan Dewan Komisaris, serta dalam diskusi di rapat PGE telah memiliki Pedoman Manajemen
Dewan Komisaris dan Direksi. Risiko No.A-001/ PGE310/2023-S9 Revisi
00 yang disahkan oleh Direktur Utama pada
Strategy and risk are one unit, disclosed tanggal tanggal 24 Agustus 2023 dan telah
transparently, included in the implementation of the diungkapkan di dalam Laporan Tahunan dan
duties and responsibilities of the Board of Directors Laporan Keberlanjutan PGE.
and the Board of Commissioners, as well as in
discussions at meetings of the Board of PGE has Risk Management Manual
Commissioners and the Board of Directors. No.A-001/PGE310/2023-S9 Revision 00
which was approved by the President Director
on 24 August 2023 and has been disclosed in
5.2.2. Komite Investasi dan Manajemen Risiko membantu PGE’s Annual Report and Sustainability 427 - 443
pelaksanaan tugas Dewan Komisaris dengan Report.
menciptakan mekanisme yang transparan, fokus,
dan independen dalam pengawasan manajemen
risiko korporasi.
The Risk Management and Investment Committee
assists in carrying out the duties of the Board of
Commissioners by creating a transparent, focused
and independent mechanism for supervising
corporate risk management.
Integrasi Governansi, Manajemen Risiko dan Kepatuhan |
5.3
Integration of Governance, Risk Management, and Compliance
5.3.1 Direksi membangun sistem governansi, manajemen Poin | Point 5.3.1-5.3.2 496 - 527
risiko, dan kepatuhan (GRC) yang terintegrasi, Terpenuhi | Complied
dengan menangani berbagai ketidakpastian secara
terpadu dan dengan integritas yang tinggi, untuk Direksi memastikan adanya koordinasi dan
meyakinkan bahwa korporasi dapat mencapai peningkatan kapabilitas di antara sistem
tujuannya. utama GRC melalui fungsi Legal &
Compliance di bawah Direktorat Utama,
The Board of Directors has built an integrated serta Fungsi Enterprise Risk Management di
governance, risk management, and compliance bawah Direktorat Keuangan.
(GRC) system, by handling various uncertainties in
an integrated manner and with high integrity, to The Board of Directors ensures coordination
ensure that the corporation can achieve its goals. and capability improvement between the main
GRC systems through the Legal & Compliance
function under the Main Directorate, as well
5.3.2 Direksi memastikan bahwa bagian yang as the Enterprise Risk Management Function 486 - 495
membawahi fungsi kepatuhan tidak merangkap under the Finance Directorate.
melaksanakan fungsi yang berpotensi menimbulkan
benturan kepentingan.
The Board of Directors ensures that the department
in charge of the compliance function does not
concurrently carry out functions that have the
potential to cause a conflict of interest.
5.4 Audit Internal | Internal Audit
5.4.1 Dewan Komisaris melalui Komite Audit memantau Poin | Point 5.4.1 466 - 484
dan memastikan bahwa fungsi audit internal Terpenuhi | Complied
membantu korporasi untuk mencapai tujuannya
dengan membawa pendekatan yang objektif dan Dewan Komisaris melalui Komite Audit
disiplin untuk mengevaluasi dan meningkatkan memastikan fungsi Audit Executive memiliki
efektivitas manajemen risiko, pengendalian internal, wewenang, sumber daya dan akses atas
dan governansi korporat. informasi yang memadai untuk melaksanakan
perannya secara efektif. Selain itu Komite
The Board of Commissioners, through the Audit Audit juga mengkaji efektivitas pelaksanaan
Committee, monitors and ensures that the internal internal audit secara berkala.
audit function helps the corporation to achieve its
goals by bringing an objective and disciplined The Board of Commissioners through the Audit
approach to evaluating and improving the Committee ensures that the Audit Executive
effectiveness of risk management, internal control, function has the authority, resources and
and corporate governance. access to adequate information to perform its
role effectively. In addition, the Audit
Committee also reviews the effectiveness of
internal audit implementation periodically.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 587
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Recommendation Explanation and Implementation
Disclosure on AR and
SR PGE 2024 (Page)
PRINSIP | PRINCIPLE 6
PENGUNGKAPAN DAN TRANSPARANSI
DISCLOSURE AND TRANSPARENCY
6.1 Kebijakan Pengungkapan | Disclosure Policy
6.1.1 Korporasi memiliki kebijakan dan prosedur Poin | Point 6.1.1-6.1.2 178, 461
pengungkapan dan transparansi yang memastikan Terpenuhi | Complied
pengungkapan informasi material dan menjaga
informasi sensitif serta rahasia korporasi. PGE telah memiliki kebijakan dan prosedur
pengungkapan dan transparansi yang
The Corporation has disclosure and transparency memastikan pengungkapan informasi material
policies and procedures that ensure disclosure of dan menjaga informasi sensitif serta rahasia
material information and safeguard the Company’s Perusahaan, yang tercantum dalam:
sensitive and confidential information.
Tata Kerja Organisasi Penyampaian
6.1.2 Hak Pemegang Saham untuk memperoleh secara Keterbukaan Informasi Nomor: B-003/ 178, 461
teratur dan tepat waktu informasi material yang PGE520/2024-S9 tanggal 2 Agustus 2024,
relevan tentang korporasi harus dipenuhi. dan Code of Corporate Governance pada
Bab V Angka 17 tentang Pengungkapan dan
Shareholders’ rights to obtain regularly and timely Kerahasiaan Informasi. Selain itu Perusahaan
relevant material information about the corporation telah melaksanakan kewajiban keterbukaan
must be fulfilled. informasi material yang relevan tentang
korporasi secara teratur dan tepat waktu
kepada pemegang saham, baik melalui
publikasi Laporan Keuangan, Laporan
Tahunan dan Laporan Keberlanjutan,
pengumuman di media massa, serta informasi
di situs web Perusahaan dan SPE OJK serta
BEI.
PGE has established policies and procedures
for disclosure and transparency that ensure
the disclosure of material information and
maintain the Company’s sensitive and
confidential information, as stated in:
Organizational Procedures for Submitting
Information Disclosure Number: B-003/
PGE520/2024-S9 dated 2 August 2024, and
the Code of Corporate Governance in
Chapter V Number 17 on Disclosure and
Confidentiality of Information. In addition, the
Company has conducted the obligation to
disclose relevant material information about
the corporation regularly and in a timely
manner to shareholders, both through the
publication of Financial Report, Annual Report
and Sustainability Report, announcements in
the mass media, as well as information on the
Company’s website and SPE OJK and BEI.
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No 2024 (Halaman)
Recommendation Explanation and Implementation
Disclosure on AR and
SR PGE 2024 (Page)
6.2 Laporan Keuangan dan Keberlanjutan | Financial Report and Sustainability Report
6.2.1 Korporasi mengungkapkan sistem dan Poin | Point 6.2.1-6.2.4 466 - 484
prosedur untuk memastikan bahwa laporan Terpenuhi | Complied
keuangan interim yang tidak diaudit atau direviu
oleh auditor eksternal secara material adalah PGE memastikan bahwa Laporan Keuangan
akurat, lengkap, dan memberikan investor informasi interim yang tidak diaudit atau ditinjau oleh
yang tepat untuk membuat keputusan investasi auditor eksternal secara material adalah
yang tepat. akurat, lengkap, dan disusun berdasarkan
standar akuntansi yang tepat oleh sumber
The Corporation discloses systems and procedures daya manusia yang memiliki kapasitas sesuai.
to ensure that interim financial reports that have not Komite Audit memastikan kualitas audit yang
been audited or reviewed by an external auditor dilaksanakan auditor eksternal sesuai dengan
are materially accurate, complete, and provide yang dibutuhkan
investors with appropriate information to make the
right investment decisions. Sementara itu, Laporan berkelanjutan PGE
telah disiapkan dengan mengacu kepada:
1. POJK 51/POJK.03/2017 tentang
6.2.2 Komite Audit memastikan kualitas audit laporan Penerapan Keuangan Berkelanjutan 485
keuangan yang dilaksanakan oleh auditor .....
2. SEOJK Nomor 16/SEOJK.04/2021
eksternal. Kegiatan ini termasuk merekomendasikan tentang Bentuk dan Isi Laporan Tahunan
penunjukan, penunjukan kembali dan, jika perlu, 3. Global Reporting Initiative (GRI) 2021
pemberhentian dan remunerasi auditor eksternal.
Perseroan telah menerbitkan Laporan
The Audit Committee ensures the quality of financial Tahunan secara terintegrasi yang
report audits carried out by external auditors. These menempatkan kinerja historis ke dalam
activities include recommending the appointment, konteks dan menggambarkan risiko, peluang
reappointment and, if necessary, dismissal and dan prospek korporasi di masa depan.
remuneration for external auditors. Laporan Tahunan dan Laporan Keberlanjutan
6.2.3 Laporan berkelanjutan harus disiapkan dan disetujui dan ditandatangani oleh seluruh Laporan
diungkapkan dengan akurat dan disusun sesuai anggota Dewan Komisaris dan Direksi PGE. Keberlanjutan/
kerangka pelaporan keberlanjutan nasional atau Sustainability
internasional. PGE ensures that the interim Financial Report Report PGE 2024
that is not audited or reviewed by external
Sustainability report must be prepared and auditors is materially accurate, complete, and
disclosed accurately and in accordance with prepared based on appropriate accounting
national or international sustainability reporting standards by human resources with
frameworks. appropriate capacity. The Audit Committee
ensures that the quality of the audit carried out
6.2.4 Korporasi menerbitkan laporan tahunan secara by external auditors is in accordance with 608
terintegrasi yang menempatkan kinerja historis ke what is required
dalam konteks dan menggambarkan risiko,
peluang, dan prospek korporasi di masa depan, Meanwhile, PGE’s Sustainability Report has
sehingga membantu pemegang saham dan been prepared with reference to:
pemangku kepentingan memahami tujuan strategis 1. POJK 51/POJK.03/2017 on the
korporasi dan kemajuannya dalam menciptakan Implementation of Sustainable Finance
nilai yang berkelanjutan.
2. SEOJK Number 16/SEOJK.04/2021
Corporations publish integrated annual reports that on the Form and Content of the Annual
put historical performance into context and describe Report
the corporation's risks, opportunities, and future
prospects, thereby helping shareholders and 3. Global Reporting Initiative (GRI) 2021
stakeholders understand the corporation's strategic
objectives and its progress in creating sustainable
value. The Company has published an integrated
Annual Report that places historical
performance in context and describes the
risks, opportunities and prospects of the
corporation in the future. The Annual Report
and Sustainability Report are approved and
signed by all members of the Board of
Commissioners and Directors of PGE.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 589
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Rekomendasi Penjelasan dan Pelaksanaan AR dan SR PGE
No 2024 (Halaman)
Recommendation Explanation and Implementation
Disclosure on AR and
SR PGE 2024 (Page)
6.3 Diseminasi Informasi | Information Dissemination
6.3.1 Saluran penyebaran informasi harus menyediakan Poin | Point 6.3.1-6.3.3 97
akses yang setara, tepat waktu, dan relatif murah Terpenuhi | Complied
untuk informasi yang relevan bagi pengguna.
PGE menyediakan akses yang setara, tepat
Information dissemination channels must provide waktu dan relatif murah untuk semua pihak
equal, timely, and relatively inexpensive access for yang membutuhkan informasi tentang
information that is relevant to the user. Perseroan yaitu melalui situs web PGE dan
media sosial:
6.3.2 Korporasi memastikan bahwa pernyataan tahunan • Website: www.pge.pertamina.com 570
terhadap penerapan Pedoman Umum Governansi • Instagram: pge.pertamina
Korporat Indonesia, termasuk penjelasan atas • Facebook: Pertamina Geothermal Energy
penerapan atas masing-masing Rekomendasi dan • Twitter: @pgepertamina
Panduan tersedia di situs web selama jangka waktu • YouTube: pge.pertamina
minimal lima tahun.
Uraian lebih detail mengenai akses informasi
The Corporation ensures that an annual statement Perseroan dapat dilihat pada Sub Bab Akses
regarding the implementation of the Indonesian Informasi dan Data Perusahaan.
Corporate Governance Manual, including an
explanation of the implementation of each PGE provides equal, timely and relatively
Recommendation and Guide is available on the inexpensive access for all parties who need
website for a minimum period of five years. information about the Company through the
6.3.3. Untuk korporasi yang terdaftar di pasar modal di PGE website and social media: 97
yurisdiksi selain yurisdiksi asal, peraturan
perundang-undangan atas governansi korporat • Website: www.pge.pertamina.com
yang berlaku harus diungkapkan dengan jelas. • Instagram: pge.pertamina
Dalam hal cross listing, kriteria dan prosedur cross • Facebook: Pertamina Geothermal Energy
listing, kriteria dan prosedur untuk mengakui • Twitter: @pgepertamina
persyaratan listing untuk listing utama harus • YouTube: pge.pertamina
transparan dan didokumentasikan.
A more detailed description of the Company's
For corporations listed on the capital market in information access can be seen in the
jurisdictions other than the home jurisdiction, the Subchapter Access to Information and
applicable corporate governance laws and Company Data.
regulations must be clearly disclosed. In the case of The Company has disclosed a statement of the
cross listing, cross listing criteria and procedures, implementation of the Indonesia Corporate
criteria and procedures for recognizing listing Governance Manual in the PGE Annual Report
requirements for the main listing must be transparent since 2023.
and documented.
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No 2024 (Halaman)
Recommendation Explanation and Implementation
Disclosure on AR and
SR PGE 2024 (Page)
PRINSIP | PRINCIPLE 7
HAK-HAK PEMEGANG SAHAM
THE RIGHTS OF SHAREHOLDERS
7.1 Hak Pemegang Saham | The Rights of Shareholders
7.1.1 Korporasi memiliki suatu kebijakan komunikasi yang Poin | Point 7.1.1-7.1.3 462 - 465
memfasilitasi dan mendorong partisipasi pemegang Terpenuhi | Complied
saham atau investor.
PGE telah memiliki kebijakan terkait
The corporation has a communications policy that komunikasi dengan Pemegang Saham atau
facilitates and encourages shareholder or investor Investor yang tercantum dalam Tata Kerja
participation. Organisasi Penyampaian Keterbukaan
Informasi Nomor: B-003/PGE520/2024-S9
tanggal 2 Agustus 2024 tentang
7.1.2 Korporasi yang merupakan entitas induk Penyampaian Informasi Perusahaan Kepada 163 - 168
memastikan bahwa kebijakan governansi Investor. Perseroan melalui Divisi Investor
korporatnya berlaku bagi entitas anak dan entitas Relations melakukan proses komunikasi
sepengendali yang di dalamnya investasi korporasi dengan pemegang saham, investor, serta
adalah signifikan. pejabat pendukung pasar modal. Penjelasan
lebih lanjut dapat dilihat pada Sub Bab
The corporation, which is the parent entity, ensures Hubungan Investor dalam Bab Tata Kelola
that its corporate governance policies apply to Perusahaan.
subsidiaries and entities under common control in
which the corporation's investment is significant. Sebagai bentuk perlindungan terhadap
7.1.3 Korporasi memiliki aturan dan prosedur yang pemegang saham, Perseroan memastikan 278
mengatur akuisisi, pengambilalihan, dan transaksi seluruh prosedur terkait proses akuisisi,
luar biasa seperti merger dan penjualan aset pengambilalihan, dan transaksi luar biasa
korporasi yang substansial untuk memastikan seperti merger dan penjualan aset yang
transaksi terjadi secara transparan dan dalam substansial berjalan sesuai aturan yang
kondisi yang wajar dan melindungi hak-hak semua berlaku dan dilaksanakan secara transparan
pemegang saham sesuai dengan kelasnya. serta dalam kondisi yang wajar.
Corporation has rules and procedures governing PGE has a policy regarding communication
acquisitions, takeovers, and extraordinary with Shareholders or Investors as stated in the
transactions such as mergers and sales of substantial Organizational Work Procedures for
corporate assets to ensure transactions occur Submission of Information Disclosure Number:
transparently and under fair conditions and protect B-003/PGE520/2024-S9 dated 2 August
the rights of all shareholders according to their 2024 on Submission of Company Information
class. to Investors. The Company through the
Investor Relations Division conducts the
communication process with shareholders,
investors, and capital market support officials.
Further explanation can be seen in the
Investor Relations Subchapter in the
Corporate Governance Chapter.
As a form of protection for shareholders, the
Company ensures that all procedures related
to the acquisition process, takeovers, and
extraordinary transactions such as mergers
and substantial asset sales are conducted in
accordance with applicable regulations and
are conducted transparently and under
reasonable conditions.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 591
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Pengungkapan
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Rekomendasi Penjelasan dan Pelaksanaan AR dan SR PGE
No 2024 (Halaman)
Recommendation Explanation and Implementation
Disclosure on AR and
SR PGE 2024 (Page)
7.2 Perlakuan Adil Terhadap Pemegang Saham | Fair Treatment of Shareholders
7.2.1 Korporasi memiliki aturan dan prosedur yang Poin | Point 7.2.1-7.2.3 178,
memastikan: Terpenuhi | Complied 299 - 300
a) Semua pemegang saham dari seri yang sama
dalam satu kelas saham harus diperlakukan PGE memastikan untuk memberikan informasi
setara dan perlakuan yang setara kepada seluruh
b) Pengungkapan aturan dan prosedur tersebut pemegang saham, melalui informasi dengan
serta pengungkapan struktur modal dan muatan dan waktu yang sama yang dapat
pengaturan yang memungkinkan pemegang diakses oleh siapa saja melalui situs web
saham tertentu memeroleh pengaruh atau www.pge.pertamina.com
kendali yang tidak proporsional dengan
kepemilikan sahamnya. Terkait transaksi pihak berelasi, Perseroan
telah memiliki aturan dan prosedur yang
Corporation has rules and procedures that ensure: memastikan benturan kepentingan telah
a) All shareholders of the same series in one dikelola dengan tepat, serta melindungi
class of shares must be treated equally kepentingan korporasi dan pemegang saham.
b) Disclosure of these rules and procedures as
well as disclosure of capital structures and Untuk mencegah terjadinya pelanggaran
arrangements that allow certain shareholders dalam transaksi yang dilakukan oleh orang
to obtain influence or control that is dalam, Perseroan telah memiliki Kebijakan
disproportionate to their share ownership. Insider Trading yang telah dipublikasikan
dalam situs web Perseroan https://www.pge.
7.2.2 Korporasi memiliki aturan dan prosedur yang pertamina.com/Media/Uploads/ 279 - 281
memastikan transaksi pihak berelasi disetujui dan keberlanjutan/file/Kebijakan%20Insider%20
dilaksanakan sedemikian rupa yang dapat Trading%20PGEO-2.pdf.
meyakinkan bahwa benturan kepentingan telah
dikelola dengan tepat, dan melindungi kepentingan PGE ensures to provide equal information and
korporasi dan pemegang saham. treatment to all shareholders, through
information with the same content and time
Corporation has rules and procedures that ensure that can be accessed by anyone through the
related party transactions are approved and website
implemented in a manner that ensures that conflicts www.pge.pertamina.com
of interest are managed appropriately, and protects
the interests of the corporation and shareholders. Regarding related party transactions, the
7.2.3 Korporasi memiliki dan mengungkapkan kebijakan Company has rules and procedures that 540 - 542
untuk mencegah terjadinya insider trading. ensure conflicts of interest are managed
Korporasi memiliki aturan yang jelas mengenai properly, and protect the interests of the
perdagangan apa pun dalam saham korporasi corporation and shareholders.
yang dilakukan oleh direktur, komisaris dan orang
dalam untuk memastikan bahwa siapapun tidak To prevent violations in transactions conducted
boleh mendapatkan keuntungan secara langsung by insiders, the Company has an Insider
atau tidak langsung dari informasi yang tidak/ Trading Policy that has been published on the
belum tersedia di pasar. Company’s website https://www.pge.
pertamina.com/Media/Uploads/
Corporation has and discloses policies to prevent keberlanjutan/file/Kebijakan%20Insider%20
insider trading. Corporation has clear rules Trading%20PGEO-2.pdf.
regarding any trading in corporate shares carried
out by Directors, Commissioners and insiders to
ensure that anyone cannot profit directly or indirectly
from information that is not/not yet available on the
market.
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No 2024 (Halaman)
Recommendation Explanation and Implementation
Disclosure on AR and
SR PGE 2024 (Page)
7.3 Rapat Umum Pemegang Saham | General Meeting of Shareholders
7.3.1 Korporasi melakukan panggilan RUPS dengan Poin | Point 7.3.1-7.3.5 300 - 301
agenda dan materi RUPS selengkap dan sedini Terpenuhi | Complied
mungkin (paling lambat 28 hari sebelum RUPS)
untuk memberikan waktu dan materi yang cukup PGE telah menyelenggarakan RUPS sesuai
bagi pemegang saham untuk mempelajari dengan dengan ketentuan OJK dan ketentuan
baik agenda rapat. Undangan rapat dan seluruh internal Perseroan melalui TKO B-001/
informasi RUPS diungkapkan melalui sarana PGE510/2023-S9 tentang penyelenggaran
elektronik seperti melalui situs web korporasi. RUPS. Pemanggilan RUPS dilakukan 21 hari
sebelum RUPS dan Perseroan telah memiliki
The Corporation calls for a GMS with the GMS tata kelola RUPS yang mengatur mengenai
agenda and materials as complete and as early as prosedur RUPS.
possible (no later than 28 days before the GMS) to
provide sufficient time and materials for shareholders Perseroan juga telah mengungkapkan aturan
to properly study the meeting agenda. Meeting dan prosedur yang memfasilitasi pemegang
invitations and all GMS information are disclosed saham untuk berpartisipasi dan memberikan
via electronic means such as through the corporate suara, memastikan transparansi dan
website. akuntabilitas auditor eksternal, serta
menyampaikan hasil pemungutan suara dan
7.3.2 Korporasi memiliki dan mengungkapkan aturan dan ringkasan risalah RUPS. 301 - 302
prosedur yang memfasilitasi pemegang saham
dalam berpartisipasi dan memberikan suara secara Informasi terkait RUPS sepanjang tahun 2024
efektif di RUPS. telah diungkapkan dalam Sub Bab RUPS di
Bab Tata Kelola ini.
The Corporation has and discloses rules and
procedures that facilitate shareholders in PGE has held a GMS in accordance with OJK
participating and voting effectively at the GMS. provisions and the Company’s internal
7.3.3 Pemegang saham berpartisipasi efektif dalam provisions through TKO B-001/ 300 - 302
menetapkan penunjukan anggota Direksi dan PGE510/2023-S9 on the holding of a GMS.
Dewan Komisaris. The GMS summons are made 21 days before
the GMS and the Company has a GMS
Shareholders participate effectively in determining governance that regulates the GMS
the appointment of members of the Board of procedures.
Directors and Board of Commissioners.
The Company has also disclosed the rules and
7.3.4 Korporasi memastikan transparansi dan procedures that facilitate shareholders to 305 - 306
akuntabilitas auditor eksternal di RUPS. participate and vote, ensure transparency and
accountability of external auditors, and
The Corporation ensures transparency and convey the results of the voting and a summary
accountability of external auditors at the GMS. of the GMS minutes.
7.3.5 Penyampaian hasil pemungutan suara dan Information related to the GMS throughout
301 - 302
ringkasan risalah RUPS secara lengkap diumumkan 2024 has been disclosed in the GMS
ke publik pada hari kerja berikutnya. Subchapter in this Governance Chapter.
Submission of voting results and a complete
summary of the minutes of the GMS are announced
to the public on the following working day.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 593
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Pengungkapan
pada
Rekomendasi Penjelasan dan Pelaksanaan AR dan SR PGE
No 2024 (Halaman)
Recommendation Explanation and Implementation
Disclosure on AR and
SR PGE 2024 (Page)
PRINSIP | PRINCIPLE 8
HAK-HAK PEMANGKU KEPENTINGAN | THE RIGHTS OF STAKEHOLDERS
8.1 Keterlibatan Pemangku Kepentingan Kunci | Stakeholder Engagement
8.1.1 Korporasi melalui Sekretaris Korporasi Poin | Point 8.1.1 456 - 461
melaksanakan komunikasi yang reguler, transparan Terpenuhi | Complied
dan efektif dengan pemangku kepentingan kunci
serta melibatkan mereka untuk memahami harapan PGE melalui Sekretaris Perusahaan
dan keluhan mereka serta dampak korporasi melaksanakan komunikasi yang regular,
terhadap mereka. transparan dan efektif dengan pemangku
The Corporation, through the Corporate Secretary, kepentingan kunci. Perseroan juga
conducts regular, transparent, and effective menyediakan saluran/media komunikasi yang
communication with stakeholders and engages them dapat digunakan oleh para pemangku
to understand their hopes and complaints as well as kepentingan untuk menyampaikan pendapat
the impact of the corporation on them. dan masukan atau menyuarakan keluhan,
diantaranya melalui Pertamina Call Center
135, situs web Perusahaan (www.pge.
pertamina.com) dan email sebagai berikut:
• Investor/pemegang saham:
pge.ir@pertamina.com
• Pelanggan: pcc135@pertamina.com
Selain itu Perusahaan juga melakukan
pertemuan langsung seperti Temu Pelanggan
serta pertemuan investor/investor summit.
PGE through the Corporate Secretary
conducts regular, transparent and effective
communication with key stakeholders. The
Company also provides communication
channels/media that can be used by
stakeholders to convey opinions and input or
voice complaints, including through the
Pertamina Call Center 135, the Company’s
website (www.pge.pertamina.com) and email
as follows:
• Investors/shareholders: pge.ir@
pertamina.com
• Customers: pcc135@pertamina.com
In addition, the Company also holds direct
meetings such as Customer Meetings and
investor summits.
8.2 Integrasi Keberlanjutan dalam Model Bisnis | Integration of Sustainability in the Business Model
8.2.1 Dewan Komisaris bersama-sama dengan Direksi Poin | Point 8.2.1 Laporan
bertanggung jawab, akuntabel dan transparan Terpenuhi | Complied Keberlanjutan/
atas governansi keberlanjutan, termasuk Sustainability
menetapkan strategi, prioritas, dan target Dewan Komisaris bersama-sama dengan Report PGE 2024
keberlanjutan korporasi. Direksi dan Dewan Direksi bertanggung jawab, akuntabel dan
Komisaris memasukkan pertimbangan keberlanjutan transparan atas governansi keberlanjutan,
ketika menjalankan perannya, termasuk antara lain termasuk dalam hal menetapkan strategi,
dalam pengembangan dan implementasi strategi prioritas, dan target keberlanjutan korporasi.
korporasi, rencana bisnis, rencana aksi utama dan
manajemen risiko. The Board of Commissioners together with the
Board of Directors is responsible, accountable
The Board of Commissioners, together with the and transparent for sustainability governance,
Board of Directors, is responsible for, accountable including in determining corporate sustainability
for, and transparent in sustainability governance, strategies, priorities, and targets.
including in the establishment of corporate
sustainability strategies, priorities, and targets. The
Board of Directors and Board of Commissioners
incorporate sustainability considerations when
carrying out their roles, including in the development
and implementation of corporate strategies, business
plans, key action plans, and risk management.
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No 2024 (Halaman)
Recommendation Explanation and Implementation
Disclosure on AR and
SR PGE 2024 (Page)
8.3 Perlindungan terhadap Pemangku Kepentingan | Protection of Stakeholders
8.3.1 Direksi memastikan dan mengungkapkan bahwa Poin | Point 8.3.1-8.3.2 Laporan
operasi korporasi mencerminkan penerapan standar Terpenuhi | Complied Keberlanjutan/
etika, tanggung jawab sosial dan lingkungan yang Sustainability
tinggi di seluruh korporasi dan memastikan bahwa Report PGE 2024
kebijakan dan prosedur yang tepat diterapkan Direksi memastikan bahwa operasi korporasi
untuk menghormati serta mematuhi hak-hak telah
pemangku kepentingan. mencerminkan penerapan standar etika,
tanggung jawab sosial dan lingkungan yang
The Board of Directors ensures and discloses that tinggi di seluruh korporasi untuk menghormati
the corporation’s operations reflect the adoption of hak-hak pemangku kepentingan. Perusahaan
high standards of ethics, and social and telah menjalankan dan memiliki kebijakan
environmental responsibility throughout the mengenai tanggung jawab Perusahaan
corporation and ensures that appropriate policies kepada pelanggan, pemasok, dan juga
and procedures are in place to respect and comply karyawan Perusahaan. Selain itu Perusahaan
with the rights of stakeholders. juga telah memiliki Pedoman Tanggung Jawab
Sosial dan Lingkungan (TJSL) yang
8.3.2 Direksi mendorong karyawan bekerja untuk diintegrasikan di seluruh lini bisnis Perseroan Laporan
kepentingan jangka panjang korporasi dan dan telah diungkapkan di dalam Laporan Keberlanjutan/
mengedepankan keberlanjutan. Sustainability
Keberlanjutan 2024 PGE. PGE juga
Report PGE 2024
mengedepankan kebijakan persaingan sehat
The Board of Directors encourages employees to yang tercantum di dalam Pedoman Etika
work in the long-term interests of the corporation Usaha dan Etika Kerja.
and prioritize sustainability.
The Board of Directors ensures that corporate
operations reflect the implementation of high
ethical standards, social and environmental
responsibility throughout the corporation to
respect stakeholder rights. The Company has
implemented and has policies regarding the
Company’s responsibilities to customers,
suppliers, and also employees of the Company.
In addition, the Company also has Social and
Environmental Responsibility Guidelines (TJSL)
which are integrated across all business lines of
the Company and have been disclosed in the
2024 PGE Sustainability Report. PGE also
prioritizes a sound competition policy as stated
in the Business Ethics and Work Ethics
Guidelines.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 595
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07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
PERINGKAT ESG DARI SUSTAINALYTICS
ESG RATINGS FROM SUSTAINALYTICS
#1
Industri Utilitas *
Dunia
World
Utilities Industries
Satu-satunya Perusahaan
Indonesia dalam
Daftar Top 50 ESG **
The only Indonesian Company
Top 50 ESG List
*Dari 679 perusahaan utilities di dunia yang diperingkat oleh Sustainalytics.
**Dari 15 ribu perusahaan di 42 negara yang dinilai oleh Sustainalytics.
*Out of 679 utilities companies in the world ranked by Sustainalytics.
**Out of 15,000 companies in 42 countries assessed by Sustainalytics.
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Pada tahun 2024 PGE mendapatkan peringkat In 2024 PGE received an Environmental, Social, and
Environmental, Social, and Governance (ESG) 7.1 Governance (ESG) score of 7.1 (Negligible Risk) from
(Negligible Risk) dari Morningstar Sustainalytics, lebih Morningstar Sustainalytics, better than the previous
baik dibandingkan tahun sebelumnya 8.4. Penilaian year's 8.4. The Sustainalytics assessment makes PGE
dari Sustainalytics tersebut menjadikan PGE sebagai the number one company with the lowest ESG risk in
perusahaan dengan risiko ESG terendah nomor satu di the utilities sector and renewable energy sub-sector, up
sektor utilitas (utilities) dan sub-sektor energi terbarukan, from third place last year.
naik dari posisi tahun sebelumnya di posisi ketiga.
Perolehan skor risiko yang sangat rendah dan bahkan The very low and even negligible risk score (Negligible
dapat diabaikan (Negligible Risk), menjadikan PGE Risk) makes PGE the only Indonesian company included
sebagai satu-satunya perusahaan Indonesia yang in the Sustainalytics Top 50 ESG global list, and has
masuk dalam daftar Top 50 ESG global versi won the Region Top Rated and Industry Top Rated titles
Sustainalytics, dan meraih predikat Region Top Rated in the 2025 ESG Top-Rated Company list, or the list of
dan Industry Top Rated dalam daftar 2025 ESG Top- 50 global companies with the best ESG ratings from
Rated Company, atau daftar 50 perusahaan global 15 thousand companies in 42 countries covered by the
dengan peringkat ESG terbaik dari 15 ribu perusahaan Sustainalytics assessment.
di 42 negara yang tercakup dalam penilaian
Sustainalytics.
Sustainalytics adalah lembaga penelitian, Sustainalytics is the world's leading independent ESG
pemeringkatan dan penyedia data ESG independen research, ratings and data provider. Sustainalytics'
terkemuka di dunia. Peringkat ESG dari Sustainalytics ESG Rating measures the Company's exposure to
mengukur eksposur Perseroan terhadap risiko ESG material ESG risks and how well the Company manages
yang material dan seberapa baik Perseroan mengelola those risks. Negligible Risk indicates that the Company's
risiko tersebut. Negligible Risk mengindikasikan risiko ESG-related risks are so low that they can be ignored.
Perseroan terkait ESG yang sangat kecil sehingga
dapat diabaikan.
Dengan skor ini PGE menjadi perusahaan dengan With this score, PGE becomes the lowest ESG risk
tingkat risiko ESG terendah dari 679 perusahaan di company out of 679 companies in the Utilities industry,
industri Utilities, dan posisi 75 dari 16.049 perusahaan and 75th out of 16,049 companies globally ranked by
di dunia yang diperingkat oleh Sustainalytics. Sustainalytics. This is an improvement compared to
Pencapaian tersebut meningkat dibandingkan dengan 2023, when PGE had the third lowest ESG risk out of
tahun 2023, dengan tingkat risiko ESG PGE terendah 709 companies in the Utilities industry, and 129th out
nomor tiga dari 709 perusahaan di industri Utilities, of 15,930 companies globally ranked by Sustainalytics.
dan posisi 129 dari 15.930 perusahaan di dunia yang Further details on PGE's rating by Sustainalytics can be
diperingkat oleh Sustainalytics. Penjelasan lebih lanjut found on the Sustainalytics website.
terkait rating PGE oleh Sustainalytics dapat dilihat
pada situs web Sustainalytics.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 597
Page 598
07 TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE
Peringkat ESG dari Sustainalytics
ESG Rating from Sustainalytics
2024
7.1
(Negligible Risk)
Tingkat Risiko ESG
Terendah #1
Lowest ESG Risk Level #1
(Public Rating)
2023
8.4
(Negligible Risk)
Tingkat Risiko ESG
Terendah #3
Lowest ESG Risk Level #3
(Public Rating)
2022
5.2
(Negligible Risk)
Tingkat Risiko ESG
Terendah #1
Lowest ESG Risk Level #1
(Public Rating)
598 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 599
2024 Annual Report PT Pertamina Geothermal Energy Tbk 599
Page 600
CSR 8 TJSL
Page 601
Iktisar Kerja
Performance Highlights
Iktisar Kerja
Eseque molorios se consequate
maximin ni temposa perfersperum
cum expernam rem inimposam
quamus, cuptatio. Nam laRiossit
asin enihit aut quos expero bea
porae dolupti omni qui necum
Quianient, sequatis re volori ni
quo exceseque occabora cupti
cumende liquam enihill itatur Od
quam que sitiumquo endit labore
volorep uditam quiam hiliam
sam reriassiti temquam, niat.
L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a 599
Page 602
08 TJSL
CSR
600 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 603
HIGHLIGHT KINERJA KEBERLANJUTAN
PGE 2024
2024 PGE SUSTAINABILITY PERFORMANCE HIGHLIGHT
PGE mengintegrasikan keberlanjutan dalam proses PGE incorporates sustainability into its business
bisnis dengan memperhatikan aspek Environmental, processes, taking into account Environmental, Social,
Social, and Governance (ESG) sebagai bagian dari and Governance (ESG) aspects, as part of operational
operational excellence, serta bagaimana Perseroan excellence, as well as how the Company can contribute
dapat berkontribusi terhadap pencapaian Tujuan to the achievement of the Sustainable Development
Pembangunan Berkelanjutan atau Sustainable Goals (SDGs)
Development Goals (SDGs).
Kami menjalankan keberlanjutan melalui empat pilar We implement sustainability through fours pillars of
strategi yaitu: Zero Emission dan Nature yang mencakup strategy: Zero Emission and Nature encompassing
aspek lingkungan, People & Socioeconomics untuk environmental aspects, People & Socioeconomics for
aspek sosial, dan Transformation Catalyst yang social aspects, and Transformation Catalyst
mencakup penerapan tata kelola. Seluruh pilar strategi encompassing governance implementation. All strategy
dilengkapi dengan target dan inisiatif yang akan pillars are equipped with targets and initiatives to be
dijalankan hingga tahun 2030. implemented until 2030.
Informasi lebih lanjut mengenai strategi dan kinerja Further information on PGE sustainability performance
keberlanjutan PGE dapat dilihat pada Laporan and synergy can be found in the 2024 PGE Sustainability
Keberlanjutan PGE 2024 yang tersedia dalam buku Report, which is available in a separate publication.
terpisah.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 601
Page 604
08 TJSL
CSR
Ikhtisar Kinerja Keberlanjutan 2024
SUSTAINABILITY PERFORMANCE HIGHLIGHT 2024
KINERJA
EKONOMI 4.827,22 GWh
Produksi Uap Setara Listrik
ECONOMIC PERFORMANCE (Operasi Sendiri)
Electricity Equivalent Steam Production
[OJK B.1] (Own Operation)
15
Wilayah Kuasa
Pengusahaan (WKP) 863.295 Ton CO2eq
Panas Bumi
Geothermal Concession Rights Area CO2 Jumlah Karbon Kredit Terjual
di Bursa Karbon Indonesia
(WKP) (IDXCarbon)
Number of Carbon Credits Sold
on the Indonesia Carbon Exchange
(IDXCarbon)
2.442,57 GWh
Produksi Listrik
Electricity Production
USD407.120
RIBU | THOUSAND
Pendapatan
Revenue
USD160.302 RIBU | THOUSAND
USD266.644
RIBU | THOUSAND
Laba Bersih
Distribusi Nilai Ekonomi
Net Profit Economic Value Distribution
KINERJA
LINGKUNGAN
ENVIRONMENTAL PERFORMANCE
[OJK B.2]
4.051.167,79 Ton CO2eq
Penghindaran Emisi
41,04 gr CO2eq/kWh Emissions Avoidance
Intensitas Emisi | Emissions Intensity Lebih rendah 95,23% dari Emisi Pembangkit
Berbahan Bakar Fosil
Lebih Rendah Dibandingkan dengan Taksonomi 100gr CO2eq/kWh
95.23% lower than Fossil Fuel Power Plant Emissions
Lower Compared to Taxonomy 100gr CO2eq/kWh
602 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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0,041 MWh/MWh 94,24% 63,58 Megaliter
Intensitas Energi Total Penggunaan Energi Terbarukan Efisiensi Air di Seluruh
Total Energy Intensity Use of Renewable Energy in the Company Area PGE
Water Efficiency in All PGE Areas
54,05% & 61,08% NOL
Persentase Limbah B3 dan Non-B3 yang Dilakukan
ZERO
Reduce, Reuse, Recycle, Recovery (4R) Limbah Air dari Proses
Percentage of Reduced, Reused, Recycled, and Recovered (4R) Produksi
Hazardous and Non-Hazardous Waste WASTEWATER FROM PRODUCTION
PROCESS
5,91 Megaliter 19 Area
Konservasi | Conservation
Jumlah Efluen yang Dialirkan
ke Badan Air Meliputi 1.335 Spesies Flora dan Fauna
Amount of Effluent Discharged into
Water Bodies Includes 1,335 Flora and Fauna Species
KINERJA SOSIAL
SOCIAL PERFORMANCE
[OJK B.3]
12,05%
Representasi Pekerja
523
Jumlah Pekerja
Perempuan
Representation of Female Employees The Number of Employees
Jam Kerja Aman
Safe Working Hours
0,4%
Tingkat Perputaran
5.583.707 jam|hour (Turnover) Pekerja
Employee Turnover Rate
2024 Annual Report PT Pertamina Geothermal Energy Tbk 603
Page 606
08 TJSL
CSR
NOL | NIL
Jumlah Kecelakaan Kerja yang
Mengakibatkan Kematian
67 Jam | Hours
Number of Work Accidents Resulting in Rata-rata Jam Pelatihan Pekerja
Death Average Training Hours per Employees
3,92 Kepuasan Pekerja (Skor 1-5)
Employee Satisfaction (Score 1-5)
Kepuasan Pelanggan
Customer Satisfaction
96,67 92,79%
Persentase Pemasok Lokal
(maksimal 100| maximum 100) Percentage of Local Suppliers
70.781 30.832
orang | people orang | people
Penerima Manfaat Pembangunan Penerima Manfaat Langsung Program
Infrastruktur PGE Tanggung Jawab Sosial dan Lingkungan (TJSL)
Beneficiaries of PGE Infrastructure Development PGE
Direct Beneficiaries of PGE Social and Environmental
Responsibility (TJSL) Program
PROGRAM TJSL UNGGULAN
FLAGSHIP SOCIAL AND ENVIRONMENTAL RESPONSIBILITY
(TJSL) PROGRAM
Area Kamojang - GEMAH KARSA
Dengan fokus utama menciptakan pertanian The GEMAH KARSA program is
berkelanjutan (sustainable farming) dengan focused on creating sustainable
memanfaatkan energi panas bumi secara farming practices by utilizing direct-
langsung (direct-use geothermal), program use geothermal energy. The program
GEMAH KARSA memberikan manfaat langsung provides direct benefits to 2,674
kepada 2.674 orang, mereduksi emisi sebesar people, reduces emissions by 4,556.2
4.556,2 ton/CO2eq per tahun, serta memberikan tons/CO2eq per annum, and boosts
peningkatan penghasilan kepada warga di income of residents in the area of up to
wilayah tersebut hingga Rp2,8 miliar per tahun. Rp2.8 billion per annum.
604 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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KINERJA
TATA KELOLA
CORPORATE GOVERNANCE
PERFORMANCE Budaya Organisasi | Corporate Culture
100 %
Penerapan Sistem
Manajemen Anti Penyuapan
(SMAP) sejak tahun 2021
Implementation of the Anti-Bribery
Management System (ABMS) since Pelaporan LHKPN
State Official Wealth Report (LHKPN)
2021
SKOR ESG
ESG SCORE
7.1 (NEGLIGIBLE RISK)
NOL | ZERO Nilai dan Peringkat Risiko ESG dari Sustainalytics
#1 Perusahaan di Sektor Utilitas dan Sub-Sektor
Energi Terbarukan dengan Risiko ESG Terendah
Insiden Keamanan Siber
ESG Risk Scores and Rankings from Sustainalytics
Cybersecurity Incidents #1 Company in Utilities Sector and Renewable Energy
Sub-Sector with the Lowest ESG Risk
PROPER EMAS
BUDAYA ORGANISASI
GOLD
BUDAYAPROPER
ORGANISASI ACGS 121,84
14 Kali Berturut-turut untuk Area
“LEADERSHIP
Kamojang IN CORPORATE
14 times in a row for Kamojang Area GOVERNANCE”
Tiga Kali Berturut-turut untuk Area Skor Penerapan GCG
Ulubelu Berdasarkan Parameter ACGS
Three times in a row for Ulubelu Area GCG Assessment Score based on ACGS
Parameter
PROGRAM TJSL UNGGULAN
FLAGSHIP SOCIAL AND ENVIRONMENTAL RESPONSIBILITY
(TJSL) PROGRAM
Area Ulubelu - Eloc Bestari
Program Eloc Bestari yang mendorong pelestarian The Eloc Bestari program, which
hutan, telah memberdayakan kelompok rentan promotes forest conservation, has
serta memberikan manfaat langsung kepada empowered the vulnerable and
1.362 orang, mengonversi 25 sumber mata air provided direct benefits to 1,362
melalui penanaman bambu dan pohon beringin, people, converted 25 water sources
dan memberikan pemasukan per tahun kepada through planting bamboo and banyan
warga di wilayah tersebut hingga lebih dari Rp2 trees. The program also provides
miliar. annual income of more than Rp2
billion to residents in the area.
2024 Annual Report PT Pertamina Geothermal Energy Tbk 605
Page 608
SURAT PERNYATAAN TANGGUNG JAWAB
LIABILITY STATEMENT LETTER
SURAT PERNYATAAN TANGGUNG JAWAB
LIABILITY STATEMENT LETTER
Surat Pernyataan Dewan Komisaris dan Direksi tentang Tanggung Jawab atas Laporan Tahunan PT Pertamina
Geothermal Energy Tbk Tahun Buku 2024
Kami yang bertanda tangan di bawah ini menyatakan bahwa semua informasi dalam Laporan Tahunan PT Pertamina
Geothermal Energy Tbk tahun 2024 telah dimuat secara lengkap dan bertanggung jawab penuh atas kebenaran isi
Laporan Tahunan Perseroan
Demikian pernyataan ini dibuat dengan sebenarnya.
Jakarta, 24 April 2025
Sarman Simanjorang*
Komisaris Utama/Komisaris Independen
President Commissioner/Independent Commissioner
Abdulla Zayed Abdul Musawir Yahya
Komisaris Independen Komisaris Independen
Independent Commissioner Independent Commissioner
John Anis Gigih Udi Atmo
Komisaris Komisaris
Commissioner Commissioner
*Periode jabatan Sarman Simanjorang sebagai Komisaris Utama/Komisaris Independen berakhir pada tanggal 24 Februari
2025. Lembar pernyataan ini merupakan Pernyataan Tanggung Jawab Dewan Komisaris Perseroan atas Laporan Tahunan dan
Laporan Keuangan Perseroan periode 1 Januari sampai dengan 31 Desember 2024.
*The term of office of Sarman Simanjorang as President Commissioner/Independent Commissioner ended on 24 February 2025.
This statement sheet is the Statement of Responsibility of the Company's Board of Commissioners for the Company's Annual Report
and Financial Statements for the period of 1 January to 31 December 2024.
606 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 609
The Board of Commissioners’ and The Board of Directors’ Statement of Responsibility for the 2024 Annual
Report of PT Pertamina Geothermal Energy Tbk
We the undersigned declare that all the information included in the Annual Report 2024 of PT Pertamina Geothermal
Energy Tbk has been fully disclosed and we are responsible for the truthfulness of the content of the Company’s Annual
Report.
This is our declaration, which has been made truthfully.
Jakarta, 24 April 2025
Julfi Hadi
Direktur Utama
President Director
Ahmad Yani Edwil Suzandi Yurizki Rio
Direktur Operasi Direktur Eksplorasi dan Pengembangan Direktur Keuangan
Director of Operations Director of Exploration and Development Director of Finance
2024 Annual Report PT Pertamina Geothermal Energy Tbk 607
Page 610
LAPORAN KEUANGAN FINANCIAL STATEMENTS 608
Page 611
609
Page 612
PT PERTAMINA GEOTHERMAL ENERGY TBK dan entitas anaknya/and its subsidiaries Laporan keuangan konsolidasian tanggal 31 Desember 2024 dan untuk tahun yang berakhir pada tanggal tersebut beserta laporan auditor independen/ Consolidated financial statements as of December 31, 2024 and for the year then ended with independent auditor’s report
Page 613
The original consolidated financial statements included herein
are in the Indonesian language.
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
LAPORAN KEUANGAN KONSOLIDASIAN CONSOLIDATED FINANCIAL STATEMENTS
TANGGAL 31 DESEMBER 2024 DAN AS OF DECEMBER 31, 2024 AND
UNTUK TAHUN YANG BERAKHIR FOR THE YEAR ENDED
PADA TANGGAL TERSEBUT WITH INDEPENDENT AUDITOR’S REPORT
BESERTA LAPORAN AUDITOR INDEPENDEN
Daftar Isi Table of Contents
Lampiran/
Schedule
Surat Pernyataan Direksi Statement of the Board of Directors
Laporan Auditor Independen Independent Auditor’s Report
Laporan Posisi Keuangan Consolidated Statement of
Konsolidasian 1/1 - 3 Financial Position
Laporan Laba Rugi dan Penghasilan Consolidated Statement
Komprehensif Lain of Profit or Loss and
Konsolidasian 2/1 - 2 Other Comprehensive Income
Laporan Perubahan Ekuitas Consolidated Statement of
Konsolidasian 3 Changes in Equity
Laporan Arus Kas Consolidated
Konsolidasian 4 Statement of Cash Flows
Catatan atas Laporan Keuangan Notes to the Consolidated
Konsolidasian 5/1 - 119 Financial Statements
***************************
Page 614
Page 615
The original report included herein is in
the Indonesian language.
Laporan Auditor Independen Independent Auditor’s Report
Laporan No. 00321/2.1032/AU.1/02/1726- Report No. 00321/2.1032/AU.1/02/1726-
4/1/III/2025 4/1/III/2025
Pemegang Saham, Dewan Komisaris, dan Direksi The Shareholders and the Boards of
PT Pertamina Geothermal Energy Tbk Commissioners and Directors
PT Pertamina Geothermal Energy Tbk
Opini Opinion
Kami telah mengaudit laporan keuangan We have audited the accompanying consolidated
konsolidasian PT Pertamina Geothermal Energy financial statements of PT Pertamina Geothermal
Tbk (“Perusahaan”) dan entitas anaknya (secara Energy Tbk (the “Company”) and its subsidiaries
kolektif disebut sebagai “Grup”) terlampir, yang (collectively referred to as the “Group”), which
terdiri dari laporan posisi keuangan konsolidasian comprise the consolidated statement of financial
tanggal 31 Desember 2024, serta laporan laba position as of December 31, 2024, and the
rugi dan penghasilan komprehensif lain consolidated statement of profit or loss and other
konsolidasian, laporan perubahan ekuitas comprehensive income, consolidated statement
konsolidasian, dan laporan arus kas konsolidasian of changes in equity, and consolidated statement
untuk tahun yang berakhir pada tanggal tersebut, of cash flows for the year then ended, and notes
serta catatan atas laporan keuangan to the consolidated financial statements, including
konsolidasian, termasuk informasi kebijakan material accounting policy information.
akuntansi material.
Menurut opini kami, laporan keuangan In our opinion, the accompanying consolidated
konsolidasian terlampir menyajikan secara wajar, financial statements present fairly, in all material
dalam semua hal yang material, posisi keuangan respects, the consolidated financial position of the
konsolidasian Grup tanggal 31 Desember 2024, Group as of December 31, 2024, and its
serta kinerja keuangan dan arus kas consolidated financial performance and cash flows
konsolidasiannya untuk tahun yang berakhir pada for the year then ended, in accordance with
tanggal tersebut, sesuai dengan Standar Indonesian Financial Accounting Standards.
Akuntansi Keuangan di Indonesia
i
Page 616
The original report included herein is in
the Indonesian language.
Laporan Auditor Independen (lanjutan) Independent Auditor’s Report (continued)
Laporan No. 00321/2.1032/AU.1/02/1726- Report No. 00321/2.1032/AU.1/02/1726-
4/1/III/2025 (lanjutan) 4/1/III/2025 (continued)
Basis opini Basis for opinion
Kami melaksanakan audit kami berdasarkan We conducted our audit in accordance with
Standar Audit yang ditetapkan oleh Institut Standards on Auditing established by the
Akuntan Publik Indonesia (“IAPI”). Tanggung Indonesian Institute of Certified Public
jawab kami menurut standar tersebut diuraikan Accountants (“IICPA”). Our responsibilities under
lebih lanjut dalam paragraf Tanggung Jawab those standards are further described in the
Auditor terhadap Audit atas Laporan Keuangan Auditor’s Responsibilities for the Audit of the
Konsolidasian pada laporan kami. Kami Consolidated Financial Statements paragraph of
independen terhadap Grup berdasarkan our report. We are independent of the Group in
ketentuan etika yang relevan dalam audit kami accordance with the ethical requirements relevant
atas laporan keuangan konsolidasian di Indonesia, to our audit of the consolidated financial
dan kami telah memenuhi tanggung jawab etika statements in Indonesia, and we have fulfilled our
lainnya berdasarkan ketentuan tersebut. Kami other ethical responsibilities in accordance with
yakin bahwa bukti audit yang telah kami peroleh such requirements. We believe that the audit
adalah cukup dan tepat untuk menyediakan suatu evidence we have obtained is sufficient and
basis bagi opini kami. appropriate to provide a basis for our opinion.
Hal audit utama Key audit matter
Hal audit utama adalah hal-hal yang, menurut Key audit matters are those matters that, in our
pertimbangan profesional kami, merupakan hal professional judgment, were of most significance
yang paling signifikan dalam audit kami atas in our audit of the consolidated financial
laporan keuangan konsolidasian periode kini. Hal statements of the current period. Such key audit
audit utama tersebut disampaikan dalam konteks matters were addressed in the context of our audit
audit kami atas laporan keuangan konsolidasian of the consolidated financial statements taken as
secara keseluruhan, dan dalam merumuskan opini a whole, and in forming our opinion thereon, and
kami atas laporan keuangan konsolidasian terkait, we do not provide a separate opinion on such key
dan kami tidak menyatakan suatu opini terpisah audit matters. For the key audit matter below, our
atas hal audit utama tersebut. Untuk hal audit description of how our audit addressed such key
utama di bawah ini, penjelasan kami tentang audit matter is provided in such context.
bagaimana audit kami merespons hal tersebut
disampaikan dalam konteks tersebut.
ii
Page 617
The original report included herein is in
the Indonesian language.
Laporan Auditor Independen (lanjutan) Independent Auditor’s Report (continued)
Laporan No. 00321/2.1032/AU.1/02/1726- Report No. 00321/2.1032/AU.1/02/1726-
4/1/III/2025 (lanjutan) 4/1/III/2025 (continued)
Hal audit utama (lanjutan) Key audit matter (continued)
Kami telah memenuhi tanggung jawab yang We have fulfilled the responsibilities described in
diuraikan dalam paragraf Tanggung Jawab the Auditor’s Responsibilities for the Audit of the
Auditor terhadap Audit atas Laporan Keuangan Consolidated Financial Statements paragraph of
Konsolidasian pada laporan kami, termasuk our report, including in relation to the key audit
sehubungan dengan hal audit utama yang matter communicated below. Accordingly, our
dikomunikasikan di bawah ini. Oleh karena itu, audit included the performance of procedures
audit kami mencakup pelaksanaan prosedur yang designed to respond to our assessment of the risks
didesain untuk merespons penilaian kami atas of material misstatement of the accompanying
risiko kesalahan penyajian material dalam laporan consolidated financial statements. The results of
keuangan konsolidasian terlampir. Hasil prosedur our audit procedures, including the procedures
audit kami, termasuk prosedur yang dilakukan performed to address the key audit matter below,
untuk merespons hal audit utama di bawah ini, provide the basis for our opinion on the
menyediakan basis bagi opini kami atas laporan accompanying consolidated financial statements.
keuangan konsolidasian terlampir.
Penurunan nilai aset tetap Impairment of fixed assets
Penjelasan atas hal audit utama: Description of the key audit matter:
Pada tanggal 31 Desember 2024, aset tetap Grup As of December 31, 2024, the Group’s fixed assets
sebesar US$2.024 juta, yang sebagian mencakup amounted to US$2,024 million, which mostly
sumur panas bumi, instalasi, dan bangunan, comprised of geothermal wells, installations, and
mewakili 67% dari total aset konsolidasian. buildings, represents 67% of the consolidated total
Sebagaimana dijelaskan pada Catatan 3i dan 9 assets. As described in Notes 3i and 9 to the
atas laporan keuangan konsolidasian terlampir, accompanying consolidated financial statements,
nilai tercatat aset tetap konsolidasian ditelaah the carrying amount of consolidated fixed assets is
untuk penurunan nilai ketika terdapat kejadian tested for impairment whenever events or changes
atau perubahan keadaan yang mengindikasikan in circumstances indicate that the carrying amount
bahwa nilai tercatat tidak dapat terpulihkan, may not be recoverable, as required by the
sebagaimana dipersyaratkan oleh Standar Indonesian Financial Accounting Standards.
Akuntansi Keuangan di Indonesia. Audit atas Auditing the impairment of consolidated fixed
penurunan nilai aset tetap konsolidasian assets is complex and requires significant judgment
merupakan hal yang kompleks dan membutuhkan because it involves the use of certain significant
pertimbangan signifikan karena hal tersebut assumptions regarding future market and
melibatkan penggunaan asumsi-asumsi signifikan economic conditions, such as revenue growth,
tertentu mengenai kondisi pasar dan ekonomi di future capital expenditures, and weighted average
masa depan, seperti pertumbuhan pendapatan, cost of capital applied to cash flow projections.
belanja modal masa depan, dan biaya modal rata-
rata tertimbang yang diterapkan pada proyeksi
arus kas.
iii
Page 618
The original report included herein is in
the Indonesian language.
Laporan Auditor Independen (lanjutan) Independent Auditor’s Report (continued)
Laporan No. 00321/2.1032/AU.1/02/1726- Report No. 00321/2.1032/AU.1/02/1726-
4/1/III/2025 (lanjutan) 4/1/III/2025 (continued)
Hal audit utama (lanjutan) Key audit matter (continued)
Respons audit: Audit response:
Kami memeroleh suatu pemahaman mengenai We obtained an understanding of the Group’s
proses Grup atas penilaian indikator penurunan process of assessing the impairment indicator of its
nilai aset tetap konsolidasian. Kami menguji consolidated fixed assets. We tested the
kelengkapan dan keakuratan data relevan yang completeness and accuracy of the relevant data
digunakan oleh manajemen dalam penilaiannya. used by management in their assessment.
Kami melakukan prosedur audit dalam We performed audit procedures in estimating the
mengestimasi nilai terpulihkan aset tetap recoverable amount of the consolidated fixed
konsolidasian, yang meliputi, antara lain, assets, which includes, among others, assessing
penilaian atas kewajaran metode penilaiannya dan the reasonableness of its valuation methodology
pengujian atas asumsi signifikan dan data yang and testing the significant assumptions and
mendasari penilaian tersebut yang digunakan oleh underlying data used by the Group in the cash flow
Grup dalam proyeksi arus kas. Selain itu, kami projections. In addition, we compared the
membandingkan asumsi signifikan yang significant assumptions used by management in
digunakan oleh manajemen atas pertumbuhan the revenue growth and future capital expenditures
pendapatan dan biaya modal masa depan dengan to historical performance, approved management
kinerja historis, rencana manajemen yang telah plans, and to current industry and economic
disetujui, dan tren industri dan ekonomi terkini. trends. We also involved our internal auditor’s
Kami juga melibatkan pakar auditor internal kami expert to assist us in our testing of the parameters
untuk membantu kami dalam pengujian used in determining the discount rate against
parameter yang digunakan untuk menentukan market data. We assessed whether there were any
tingkat diskonto dibandingkan dengan data pasar. potential sources of contrary information.
Kami menilai apakah terdapat sumber informasi
potensial yang kontradiktif.
Pengungkapan terkait penurunan nilai aset tetap The disclosures related to impairment of
konsolidasian diungkapkan dalam Catatan 9 atas consolidated fixed assets are included in Note 9 to
laporan keuangan konsolidasian terlampir. the accompanying consolidated financial
statements.
iv
Page 619
The original report included herein is in
the Indonesian language.
Laporan Auditor Independen (lanjutan) Independent Auditor’s Report (continued)
Laporan No. 00321/2.1032/AU.1/02/1726- Report No. 00321/2.1032/AU.1/02/1726-
4/1/III/2025 (lanjutan) 4/1/III/2025 (continued)
Informasi lain Other information
Manajemen bertanggung jawab atas informasi Management is responsible for the other
lain. Informasi lain terdiri dari informasi yang information. Other information comprises the
tercantum dalam Laporan Tahunan 2024 information included in the 2024 Annual Report
(“Laporan Tahunan”) selain laporan keuangan (“the Annual Report”) other than the
konsolidasian terlampir dan laporan auditor accompanying consolidated financial statements
independen kami. Laporan Tahunan diharapkan and our independent auditor’s report thereon. The
akan tersedia bagi kami setelah tanggal laporan Annual Report is expected to be made available to
auditor independen ini. us after the date of this independent auditor’s
report.
Opini kami atas laporan keuangan konsolidasian Our opinion on the accompanying consolidated
terlampir tidak mencakup Laporan Tahunan, dan financial statements does not cover the Annual
oleh karena itu, kami tidak menyatakan bentuk Report, and accordingly, we do not express any
keyakinan apapun atas Laporan Tahunan form of assurance on the Annual Report.
tersebut.
Sehubungan dengan audit kami atas laporan In connection with our audit of the accompanying
keuangan konsolidasian terlampir, tanggung consolidated financial statements, our
jawab kami adalah untuk membaca Laporan responsibility is to read the Annual Report when it
Tahunan ketika tersedia dan, dalam becomes available and, in doing so, consider
melaksanakannya, mempertimbangkan apakah whether the Annual Report is materially
Laporan Tahunan mengandung inconsistent with the accompanying consolidated
ketidakkonsistensian material dengan laporan financial statements or our knowledge obtained in
keuangan konsolidasian terlampir atau the audit, or otherwise appears to be materially
pemahaman yang kami peroleh selama audit, atau misstated.
mengandung kesalahan penyajian material.
Ketika kami membaca Laporan Tahunan, jika kami When we read the Annual Report, if we conclude
menyimpulkan bahwa terdapat suatu kesalahan that there is a material misstatement therein, we
penyajian material di dalamnya, kami diharuskan are required to communicate the matter to those
untuk mengomunikasikan hal tersebut kepada charged with governance and take appropriate
pihak yang bertanggung jawab atas tata kelola actions based on the applicable laws and
dan melakukan tindakan yang tepat berdasarkan regulations.
peraturan perundang-undangan yang berlaku.
v
Page 620
The original report included herein is in
the Indonesian language.
Laporan Auditor Independen (lanjutan) Independent Auditor’s Report (continued)
Laporan No. 00321/2.1032/AU.1/02/1726- Report No. 00321/2.1032/AU.1/02/1726-
4/1/III/2025 (lanjutan) 4/1/III/2025 (continued)
Tanggung jawab manajemen dan pihak yang Responsibilities of management and those
bertanggung jawab atas tata kelola terhadap charged with governance for the consolidated
laporan keuangan konsolidasian financial statements
Manajemen bertanggung jawab atas penyusunan Management is responsible for the preparation and
dan penyajian wajar laporan keuangan fair presentation of the consolidated financial
konsolidasian tersebut sesuai dengan Standar statements in accordance with Indonesian Financial
Akuntansi Keuangan di Indonesia, dan atas Accounting Standards, and for such internal
pengendalian internal yang dianggap perlu oleh control as management determines is necessary to
manajemen untuk memungkinkan penyusunan enable the preparation of consolidated financial
laporan keuangan konsolidasian yang bebas dari statements that are free from material
kesalahan penyajian material, baik yang misstatement, whether due to fraud or error.
disebabkan oleh kecurangan maupun kesalahan.
Dalam penyusunan laporan keuangan In preparing the consolidated financial statements,
konsolidasian, manajemen bertanggung jawab management is responsible for assessing the
untuk menilai kemampuan Grup dalam Group’s ability to continue as a going concern,
mempertahankan kelangsungan usahanya, disclosing, as applicable, matters related to going
mengungkapkan, sesuai dengan kondisinya, hal- concern, and using the going concern basis of
hal yang berkaitan dengan kelangsungan usaha, accounting, unless management either intends to
dan menggunakan basis akuntansi kelangsungan liquidate the Group or to cease its operations, or
usaha, kecuali manajemen memiliki intensi untuk has no realistic alternative but to do so.
melikuidasi Grup atau menghentikan operasi, atau
tidak memiliki alternatif yang realistis selain
melaksanakannya.
Pihak yang bertanggung jawab atas tata kelola Those charged with governance are responsible for
bertanggung jawab untuk mengawasi proses overseeing the Group's financial reporting process.
pelaporan keuangan Grup.
vi
Page 621
The original report included herein is in
the Indonesian language.
Laporan Auditor Independen (lanjutan) Independent Auditor’s Report (continued)
Laporan No. 00321/2.1032/AU.1/02/1726- Report No. 00321/2.1032/AU.1/02/1726-
4/1/III/2025 (lanjutan) 4/1/III/2025 (continued)
Tanggung jawab auditor terhadap audit atas Auditor’s responsibilities for the audit of the
laporan keuangan konsolidasian consolidated financial statements
Tujuan kami adalah untuk memeroleh keyakinan Our objectives are to obtain reasonable assurance
memadai tentang apakah laporan keuangan about whether the consolidated financial
konsolidasian secara keseluruhan bebas dari statements as a whole are free from material
kesalahan penyajian material, baik yang misstatement, whether due to fraud or error, and
disebabkan oleh kecurangan maupun kesalahan, to issue an auditor’s report that includes our
dan untuk menerbitkan laporan auditor yang opinion. Reasonable assurance is a high level of
mencakup opini kami. Keyakinan memadai assurance, but is not a guarantee that an audit
merupakan suatu tingkat keyakinan tinggi, namun conducted in accordance with Standards on
bukan merupakan suatu jaminan bahwa audit Auditing established by the IICPA will always detect
yang dilaksanakan berdasarkan Standar Audit a material misstatement when it exists.
yang ditetapkan oleh IAPI akan selalu mendeteksi Misstatements can arise from fraud or error and
kesalahan penyajian material ketika hal tersebut are considered material if, individually or in the
ada. Kesalahan penyajian dapat disebabkan oleh aggregate, they could reasonably be expected to
kecurangan maupun kesalahan dan dianggap influence the economic decisions of users taken on
material jika, baik secara individual maupun the basis of these consolidated financial
agregat, dapat diekspektasikan secara wajar akan statements.
memengaruhi keputusan ekonomi yang diambil
oleh pengguna berdasarkan laporan keuangan
konsolidasian tersebut.
vii
Page 622
The original report included herein is in
the Indonesian language.
Laporan Auditor Independen (lanjutan) Independent Auditor’s Report (continued)
Laporan No. 00321/2.1032/AU.1/02/1726- Report No. 00321/2.1032/AU.1/02/1726-
4/1/III/2025 (lanjutan) 4/1/III/2025 (continued)
Tanggung jawab auditor terhadap audit atas Auditor’s responsibilities for the audit of the
laporan keuangan konsolidasian (lanjutan) consolidated financial statements (continued)
Sebagai bagian dari suatu audit berdasarkan As part of an audit in accordance with Standards on
Standar Audit yang ditetapkan oleh IAPI, kami Auditing established by the IICPA, we exercise
menerapkan pertimbangan profesional dan professional judgment and maintain professional
mempertahankan skeptisisme profesional selama skepticism throughout the audit. We also:
audit. Kami juga:
Mengidentifikasi dan menilai risiko kesalahan Identify and assess the risks of material
penyajian material dalam laporan keuangan misstatement of the consolidated financial
konsolidasian, baik yang disebabkan oleh statements, whether due to fraud or error,
kecurangan maupun kesalahan, mendesain design and perform audit procedures
dan melaksanakan prosedur audit yang responsive to those risks, and obtain audit
responsif terhadap risiko tersebut, serta evidence that is sufficient and appropriate to
memeroleh bukti audit yang cukup dan tepat provide a basis for our opinion. The risk of not
untuk menyediakan basis bagi opini kami. detecting a material misstatement resulting
Risiko tidak terdeteksinya suatu kesalahan from fraud is higher than for one resulting
penyajian material yang disebabkan oleh from error, as fraud may involve collusion,
kecurangan lebih tinggi daripada yang forgery, intentional omissions,
disebabkan oleh kesalahan, karena misrepresentations, or override of internal
kecurangan dapat melibatkan kolusi, control.
pemalsuan, penghilangan secara sengaja,
pernyataan salah, atau pengabaian atas
pengendalian internal.
Memeroleh suatu pemahaman tentang Obtain an understanding of internal control
pengendalian internal yang relevan dengan relevant to the audit in order to design audit
audit untuk mendesain prosedur audit yang procedures that are appropriate in the
tepat sesuai dengan kondisinya, tetapi bukan circumstances, but not for the purpose of
untuk tujuan menyatakan opini atas expressing an opinion on the effectiveness of
keefektivitasan pengendalian internal Grup. the Group's internal control.
Mengevaluasi ketepatan kebijakan akuntansi Evaluate the appropriateness of accounting
yang digunakan serta kewajaran estimasi policies used and the reasonableness of
akuntansi dan pengungkapan terkait yang accounting estimates and related disclosures
dibuat oleh manajemen. made by management.
viii
Page 623
The original report included herein is in
the Indonesian language.
Laporan Auditor Independen (lanjutan) Independent Auditor’s Report (continued)
Laporan No. 00321/2.1032/AU.1/02/1726- Report No. 00321/2.1032/AU.1/02/1726-
4/1/III/2025 (lanjutan) 4/1/III/2025 (continued)
Tanggung jawab auditor terhadap audit atas Auditor’s responsibilities for the audit of the
laporan keuangan konsolidasian (lanjutan) consolidated financial statements (continued)
Sebagai bagian dari suatu audit berdasarkan As part of an audit in accordance with Standards on
Standar Audit yang ditetapkan oleh IAPI, kami Auditing established by the IICPA, we exercise
menerapkan pertimbangan profesional dan professional judgment and maintain professional
mempertahankan skeptisisme profesional selama skepticism throughout the audit. We also:
audit. Kami juga: (lanjutan) (continued)
Menyimpulkan ketepatan penggunaan basis Conclude on the appropriateness of
akuntansi kelangsungan usaha oleh management's use of the going concern basis
manajemen dan, berdasarkan bukti audit of accounting and, based on the audit evidence
yang diperoleh, apakah terdapat suatu obtained, whether a material uncertainty
ketidakpastian material yang terkait dengan exists related to events or conditions that may
peristiwa atau kondisi yang dapat cast significant doubt on the Group's ability to
menyebabkan keraguan signifikan atas continue as a going concern. If we conclude
kemampuan Grup untuk mempertahankan that a material uncertainty exists, we are
kelangsungan usahanya. Ketika kami required to draw attention in our auditor’s
menyimpulkan bahwa terdapat suatu report to the related disclosures in the
ketidakpastian material, kami diharuskan consolidated financial statements or, if such
untuk menarik perhatian dalam laporan disclosures are inadequate, to modify our
auditor kami ke pengungkapan terkait dalam opinion. Our conclusions are based on the
laporan keuangan konsolidasian atau, jika audit evidence obtained up to the date of our
pengungkapan tersebut tidak memadai, auditor’s report. However, future events or
memodifikasi opini kami. Kesimpulan kami conditions may cause the Group to cease to
didasarkan pada bukti audit yang diperoleh continue as a going concern.
hingga tanggal laporan auditor kami.
Namun, peristiwa atau kondisi masa depan
dapat menyebabkan Grup tidak dapat
mempertahankan kelangsungan usaha.
Mengevaluasi penyajian, struktur, dan isi Evaluate the overall presentation, structure,
laporan keuangan konsolidasian secara and contents of the consolidated financial
keseluruhan, termasuk pengungkapannya, statements, including the disclosures, and
dan apakah laporan keuangan konsolidasian whether the consolidated financial statements
mencerminkan transaksi dan peristiwa yang represent the underlying transactions and
mendasarinya dengan suatu cara yang events in a manner that achieves fair
mencapai penyajian wajar. presentation.
Memeroleh bukti audit yang cukup dan tepat Obtain sufficient appropriate audit evidence
terkait informasi keuangan entitas atau regarding the financial information of the
aktivitas bisnis dalam Grup untuk entities or business activities within the Group
menyatakan opini atas laporan keuangan to express an opinion on the consolidated
konsolidasian. Kami bertanggung jawab atas financial statements. We are responsible for
arah, supervisi, dan pelaksanaan audit grup. the direction, supervision, and performance of
Kami tetap bertanggung jawab sepenuhnya the group audit. We remain solely responsible
atas opini audit kami. for our audit opinion.
ix
Page 624
The original report included herein is in
the Indonesian language.
Laporan Auditor Independen (lanjutan) Independent Auditor's Report (continued)
Laporan No. 00321/2.1032/AU.1/02/1726- Report No. 00321/2.Y032/AU.1/02/1726-
4/i/III/2025 (lanjutan) 4/1/Ill/2025 (continued)
Tanggung jawab auditor terhadap audit atas Auditor's responsibilities for the audit of the
laporan keuangan konsolidasian (lanjutan) consolidated financial statements (continued)
Kami mengomunikasikan kepada pihak yang We communicate with those charged with
bertanggung jawab atas tata kelola mengenai, governance regarding, among other matters, the
antara lain, ruang lingkup dan saat yang planned scope and timing of the audit and
direncanakan atas audit Berta temuan audit significant audit findings, including any significant
signifikan, termasuk setiap defisiensi signifikan deficiencies in internal control that we identify
dalam pengendalian internal yang teridentifikasi during our audit.
oleh kami selama audit.
Kami juga memberikan suatu pernyataan kepada We also provide those charged with governance
pihak yang bertanggung jawab atas tata kelola with a statement that we have complied with
bahwa kami telah mematuhi ketentuan etika yang relevant ethical requirements regarding
relevan mengenai independensi, dan independence, and to communicate with them all
mengomunikasikan kepada pihak tersebut seluruh relationships and other matters that may
hubungan, Berta hal-hal lain yang dianggap secara reasonably be thought to bear on our
wajar berpengaruh terhadap independensi kami, independence, and where applicable, related
dan, jika relevan, pengamanan terkait. safeguards.
Dari hal-hal yang dikomunikasikan kepada pihak From the matters communicated with those
yang bertanggung jawab atas tata kelola, kami charged with governance, we determine those
menentukan hal-hal tersebut yang paling matters that were of most significance in the audit
signifikan dalam audit atas laporan keuangan of the consolidated financial statements of the
konsolidasian periode kini dan oleh karenanya current period and are therefore the key audit
menjadi hal audit utama. Kami menguraikan hal matters. We describe such key audit matters in our
audit utama tersebut dalam laporan auditor kami auditor's report unless laws or regulations preclude
kecuali peraturan perundang-undangan melarang public disclosure about such key audit matters or
pengungkapan publik tentang hal audit utama when, in extremely rare circumstances, we
tersebut atau ketika, dalam kondisi yang sangat determine that a key audit matter should not be
jarang terjadi, kami menentukan bahwa suatu hal communicated in our report because the adverse
audit utama tidak boleh dikomunikasikan dalam consequences of doing so would reasonably be
laporan kami karena konsekuensi yang merugikan expected to outweigh the public interest benefits of
dari mengomunikasikan hal tersebut akan such communication.
diekspektasikan secara wajar melebihi manfaat
kepentingan publik atas komunikasi tersebut.
KAP Purwantono, Sungkoro & Surja
Irwan Haswir
Registrasi Akuntan Publik No. AP.1726/Public Accountant Registration No. AP.17z6
24 Maret 2025/March 24, 2025 ~~`~~ *~
Y.
Y~ •.1
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r `., ~ ~`1
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Page 625
The original consolidated financial statements included herein are in
the Indonesian language.
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 1/1 Schedule
LAPORAN POSISI KEUANGAN CONSOLIDATED STATEMENT OF
KONSOLIDASIAN FINANCIAL POSITION
TANGGAL 31 DESEMBER 2024 AS OF DECEMBER 31, 2024
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
31 Desember/ 31 Desember/
Catatan/ December 31, December 31,
Notes 2024 2023
ASET ASSETS
ASET LANCAR CURRENT ASSETS
Kas dan setara kas 3e,3r,5,26e 655.191 677.717 Cash and cash equivalents
Kas yang dibatasi
penggunaannya 3e 123 - Restricted cash
Piutang usaha 3g,3r,6a Trade receivables
- Pihak yang berelasi 3f,26f 124.627 132.273 Related parties -
- Pihak ketiga 3.498 4.018 Third parties -
Piutang lain-lain 3g,3r,6b Other receivables
- Pihak yang berelasi 3f,26g 4.041 5.420 Related parties -
- Pihak ketiga 98 101 Third parties -
Persediaan 3h,7 18.486 22.644 Inventories
Pajak pertambahan nilai (“PPN”) Reimbursable
yang dapat ditagihkan value added tax
kembali - bagian lancar 25a 17.175 5.492 (“VAT”) - current portion
Tagihan pengembalian pajak 25b - 291 Claim for tax refund
Biaya dibayar di muka 8 122 519 Prepayments
Aset lain-lain, bersih 13a 5.194 14.803 Other assets, net
JUMLAH ASET LANCAR 828.555 863.278 TOTAL CURRENT ASSETS
ASET TIDAK LANCAR NON-CURRENT ASSET
Kas yang dibatasi
penggunaannya 3e 185 - Restricted cash
Piutang lain-lain pihak Other receivables
yang berelasi 3f,3r,6b,26g 7.529 8.256 related parties
Aset tetap, bersih 3i,3j,9 2.024.607 1.941.009 Fixed assets, net
Aset hak guna, bersih 10 4.215 1.927 Right-of-use assets, net
Investasi pada ventura bersama 3z,11 12.093 11.640 Investment in joint ventures
PPN yang dapat ditagihkan Reimbursable
kembali - bagian tidak lancar 25a 98.460 108.985 VAT - non-current portion
Aset keuangan yang dinilai pada Financial assets measures at
nilai wajar melalui pendapatan fair value through other
komprehensif lain 3r,12,29,30 21.716 29.004 comprehensive income
Aset lain-lain, bersih 13b 42 42 Other assets, net
JUMLAH ASET TIDAK TOTAL NON-CURRENT
LANCAR 2.168.847 2.100.863 ASSETS
JUMLAH ASET 2.997.402 2.964.141 TOTAL ASSETS
Catatan atas laporan keuangan konsolidasian terlampir The accompanying notes to the consolidated financial statements
merupakan bagian yang tidak terpisahkan dari form an integral part of these
laporan keuangan konsolidasian secara keseluruhan. consolidated financial statements.
Page 626
The original consolidated financial statements included herein are in
the Indonesian language.
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 1/2 Schedule
LAPORAN POSISI KEUANGAN CONSOLIDATED STATEMENT OF
KONSOLIDASIAN FINANCIAL POSITION
TANGGAL 31 DESEMBER 2024 (lanjutan) AS OF DECEMBER 31, 2024 (continued)
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
31 Desember/ 31 Desember/
Catatan/ December 31, December 31,
Notes 2024 2023
LIABILITAS DAN EKUITAS LIABILITIES AND EQUITY
LIABILITAS LIABILITIES
LIABILITAS JANGKA PENDEK CURRENT LIABILITIES
Utang usaha 3k,3r,14 Trade payables
- Pihak yang berelasi 3f,26h 2.234 4.543 Related parties -
- Pihak ketiga 94.561 77.977 Third parties -
Utang lain-lain pihak Other payables
pihak berelasi 3f,3k,3r,26i 10.137 25.952 related parties
Pinjaman jangka panjang yang
akan jatuh tempo dalam Current maturities
satu tahun 3l,3r,26j 15.172 15.500 of long-term loans
Liabilitas sewa yang akan jatuh Current maturities
tempo dalam satu tahun 3r,10 1.402 910 of lease liabilities
Utang pajak 3p,25c 5.755 18.007 Taxes payable
Biaya yang masih harus dibayar 3r,15,26k 88.053 83.333 Accrued expenses
Imbalan kerja jangka pendek 3n,17a 9.694 17.671 Short-term employee benefits
Pendapatan tangguhan 288 211 Deferred revenue
JUMLAH LIABILITAS TOTAL CURRENT
JANGKA PENDEK 227.296 244.104 LIABILITIES
LIABILITAS JANGKA NON-CURRENT
PANJANG LIABILITIES
Liabilitas pajak Deferred tax
tangguhan, bersih 3p,25e 21.890 15.466 liabilities, net
Liabilitas sewa -
setelah dikurangi bagian
yang jatuh tempo Lease liabilities, net of
dalam satu tahun 3r,10 2.549 1.113 current maturity
Utang obligasi 3r,16 398.643 398.236 Bonds payable
Pinjaman jangka panjang
setelah dikurangi bagian
yang jatuh tempo Long-term loans, net of
dalam satu tahun 3l,3r,26j 328.047 315.083 current maturities
Imbalan kerja jangka panjang 3n,17b 9.019 13.425 Long-term employee benefits
Kewajiban jangka panjang lainnya 3n,17c 1.206 5.458 Other long-term liabilities
JUMLAH LIABILITAS TOTAL NON-CURRENT
JANGKA PANJANG 761.354 748.781 LIABILITIES
JUMLAH LIABILITAS 988.650 992.885 TOTAL LIABILITIES
Catatan atas laporan keuangan konsolidasian terlampir The accompanying notes to the consolidated financial statements
merupakan bagian yang tidak terpisahkan dari form an integral part of these
laporan keuangan konsolidasian secara keseluruhan. consolidated financial statements.
Page 627
The original consolidated financial statements included herein are in
the Indonesian language.
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 1/3 Schedule
LAPORAN POSISI KEUANGAN CONSOLIDATED STATEMENT OF
KONSOLIDASIAN FINANCIAL POSITION
TANGGAL 31 DESEMBER 2024 (lanjutan) AS OF DECEMBER 31, 2024 (continued)
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
31 Desember/ 31 Desember/
Catatan/ December 31, December 31,
Notes 2024 2023
LIABILITAS DAN EKUITAS LIABILITIES AND EQUITY
(lanjutan) (continued)
EKUITAS EQUITY
Ekuitas yang dapat Equity attributable
diatribusikan kepada to owners of
pemilik entitas induk the parent entity
Modal saham Share capital
Modal dasar – 124.184.568.000 Authorized – 124,184,568,000
saham dengan nilai nominal Rp500 shares with par value of Rp500
pada 31 Desember 2024 dan as of December 31, 2024 and
2023 (dalam nilai penuh) 2023 (in full amount)
Modal ditempatkan dan disetor Issued and paid-up capital
41.508.024.149 saham pada 41,508,024,149 shares
tanggal 31 Desember 2024 as of December 31, 2024
(2023: 41.396.142.000 saham) 18a 1.474.494 1.470.520 (2023: 41,396,142,000 shares)
Tambahan modal disetor 3v,3y,18b 188.293 183.525 Additional paid in capital
Pendapatan komprehensif Other comprehensive income:
lainnya: pengukuran kembali remeasurement of fair value
nilai wajar atas investasi ekuitas 14.328 19.140 on equity investment
Saldo laba 18c Retained earnings
- Ditentukan penggunaannya 167.438 132.269 Appropriated -
- Belum ditentukan penggunaannya 164.615 166.026 Unappropriated -
Jumlah ekuitas yang dapat Total equity attributable
diatribusikan kepada to owners of
pemilik entitas induk 2.009.168 1.971.480 the parent entity
Kepentingan non-pengendali 19 (416) (224) Non-controlling interest
JUMLAH EKUITAS 2.008.752 1.971.256 TOTAL EQUITY
JUMLAH LIABILITAS TOTAL LIABILITIES
DAN EKUITAS 2.997.402 2.964.141 AND EQUITY
Catatan atas laporan keuangan konsolidasian terlampir The accompanying notes to the consolidated financial statements
merupakan bagian yang tidak terpisahkan dari form an integral part of these
laporan keuangan konsolidasian secara keseluruhan. consolidated financial statements.
Page 628
The original consolidated financial statements included herein are in
the Indonesian language.
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 2/1 Schedule
LAPORAN LABA RUGI DAN PENGHASILAN CONSOLIDATED STATEMENTS OF PROFIT OR LOSS
KOMPREHENSIF LAIN KONSOLIDASIAN AND OTHER COMPREHENSIVE INCOME
UNTUK TAHUN YANG BERAKHIR PADA FOR THE YEAR ENDED
TANGGAL 31 DESEMBER 2024 DECEMBER 31, 2024
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
31 Desember/ 31 Desember/
Catatan/ December 31, December 31,
Notes 2024 2023
PENDAPATAN 3m,20,26b 407.120 406.288 REVENUE
BEBAN POKOK
PENDAPATAN DAN COST OF REVENUE
BEBAN LANGSUNG AND OTHER DIRECT
LAINNYA 3m,21,26c,38 (164.885) (158.352) COST
LABA BRUTO 242.235 247.936 GROSS PROFIT
Beban umum dan General and administrative
administrasi 22,38 (31.507) (26.151) expenses
(Beban)/pendapatan lain-lain, bersih 24a,38 (457) 4.270 Other (expense)/income, net
LABA USAHA 210.271 226.055 OPERATING PROFIT
Pendapatan keuangan 23a,38 33.565 22.171 Finance income
Laba selisih kurs 24b,38 15.984 16.950 Gain foreign exchange
Bagian laba dari ventura bersama 11 453 - Share of profit in joint ventures
Beban keuangan 23b (32.114) (24.215) Finance costs
LABA SEBELUM BEBAN PROFIT BEFORE
PAJAK PENGHASILAN 228.159 240.961 INCOME TAX EXPENSE
BEBAN PAJAK
PENGHASILAN 3p,25d (67.857) (77.391) INCOME TAX EXPENSE
LABA TAHUN BERJALAN 160.302 163.570 PROFIT FOR THE YEAR
Penghasilan komprehensif lain Other comprehensive income
Pos-pos yang tidak akan Items that will not be
direklasifikasi ke laba rugi reclassified to profit or loss
Pengukuran kembali atas Net remeasurement of
liabilitas imbalan pasti neto 1.664 (271) defined benefits liability
Keuntungan/(kerugian) nilai wajar aset Net fair value gain/(loss) on
bersih atas investasi ekuitas (4.812) 3.408 equity investment
PENGHASILAN
KOMPREHENSIF LAIN OTHER COMPREHENSIVE
NETO SETELAH PAJAK (3.148) 3.137 INCOME, NET OF TAX
JUMLAH PENGHASILAN
KOMPREHENSIF TOTAL COMPREHENSIVE
TAHUN BERJALAN 157.154 166.707 INCOME FOR THE YEAR
Catatan atas laporan keuangan konsolidasian terlampir The accompanying notes to the consolidated financial statements
merupakan bagian yang tidak terpisahkan dari form an integral part of these
laporan keuangan konsolidasian secara keseluruhan. consolidated financial statements.
Page 629
The original consolidated financial statements included herein are in
the Indonesian language.
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 2/2 Schedule
LAPORAN LABA RUGI DAN PENGHASILAN CONSOLIDATED STATEMENTS OF PROFIT OR LOSS
KOMPREHENSIF LAIN KONSOLIDASIAN UNTUK AND OTHER COMPREHENSIVE INCOME
TAHUN YANG BERAKHIR PADA FOR THE YEAR ENDED
TANGGAL 31 DESEMBER 2024 (lanjutan) DECEMBER 31, 2024 (continued)
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
31 Desember 31 Desember/
Catatan/ December 31, December 31,
Notes 2024 2023
LABA TAHUN BERJALAN
YANG DAPAT PROFIT FOR THE YEAR
DIATRIBUSIKAN KEPADA: ATTRIBUTABLE TO:
Pemilik entitas induk 160.494 163.594 Owners of the parent entity
Kepentingan non-pengendali (192) (24) Non-controlling interest
Jumlah 160.302 163.570 Total
TOTAL PENGHASILAN
KOMPREHENSIF TAHUN TOTAL COMPREHENSIVE
BERJALAN YANG DAPAT INCOME FOR THE YEAR
DIATRIBUSIKAN KEPADA: ATTRIBUTABLE TO:
Pemilik entitas induk 157.346 166.731 Owners of the parent entity
Kepentingan non-pengendali (192) (24) Non-controlling interest
Jumlah 157.154 166.707 Total
LABA PER SAHAM DASAR BASIC EARNINGS PER SHARE
DIATRIBUSIKAN KEPADA ATTRIBUTABLE TO
PEMILIK ENTITAS INDUK OWNERS OF THE PARENT
(NILAI PENUH) 28 0,0039 0,0040 ENTITY (FULL AMOUNT)
LABA PER SAHAM DILUSIAN DILUTIVE EARNINGS PER SHARE
DIATRIBUSIKAN KEPADA ATTRIBUTABLE TO
PEMILIK ENTITAS INDUK OWNERS OF THE PARENT
(NILAI PENUH) 28 0,0038 0,0039 ENTITY (FULL AMOUNT)
Catatan atas laporan keuangan konsolidasian terlampir The accompanying notes to the consolidated financial statements
merupakan bagian yang tidak terpisahkan dari form an integral part of these
laporan keuangan konsolidasian secara keseluruhan. consolidated financial statements.
Page 630
The original consolidated financial statements included herein are in the Indonesian language.
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 3 Schedule
LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
UNTUK TAHUN YANG BERAKHIR PADA FOR THE YEAR ENDED DECEMBER 31, 2024
TANGGAL 31 DESEMBER 2024
(Disajikan dalam ribuan dolar Amerika Serikat, kecuali dinyatakan lain) (Expressed in thousands of United States dollar, unless otherwise stated)
Tambahan
modal Pendapatan
Modal disetor/ komprehensif Saldo laba/Retained earnings Kepentingan
saham/ Additional lainnya/Other Ditentukan Belum ditentukan non-pengendali/
Catatan/ Share paid- comprehensive penggunaannya/ penggunaannya/ Non-controlling Jumlah ekuitas/
Notes capital in capital income Appropriated Unappropriated interest Total equity
Saldo 1 Januari 2023 1.102.855 (27.804) 15.732 104.950 60.008 (200) 1.255.541 Balance as at January 1, 2023
Penerbitan saham/modal disetor 367.665 208.916 - - - - 576.581 Shares issuance/paid in capital
Kompensasi berbasis saham 18a,18b - 2.413 - - - - 2.413 Share-based compensation
Pengukuran kembali nilai wajar Remeasurement of fair value on
atas investasi ekuitas - - 3.408 - - - 3.408 equity investment
Kerugian komprehensif lain Net other comprehensive loss
atas imbalan pasti neto - - - - (271) - (271) of defined benefit
Dividen 3u,27 - - - - (29.986) - (29.986) Dividend
Alokasi cadangan lainnya 18c - - - 27.319 (27.319) - - Other reserved allocation
Laba tahun berjalan - - - - 163.594 (24) 163.570 Profit for the year
Saldo 31 Desember 2023 1.470.520 183.525 19.140 132.269 166.026 (224) 1.971.256 Balance as at December 31, 2023
Saldo 1 Januari 2024 1.470.520 183.525 19.140 132.269 166.026 (224) 1.971.256 Balance as at January 1, 2024
Penerbitan saham/modal disetor 3.974 1.183 - - - - 5.157 Shares issuance/paid in capital
Kompensasi berbasis saham 18a,18b - 3.585 - - - - 3.585 Share-based compensation
Pengukuran kembali nilai wajar Remeasurement of fair value on
atas investasi ekuitas - - (4.812) - - - (4.812) equity investment
Kerugian komprehensif lain Net other comprehensive loss
atas imbalan pasti neto - - - - 1.664 - 1.664 of defined benefit
Dividen 3u,27 - - - - (128.400) - (128.400) Dividens
Alokasi cadangan lainnya 18c - - - 35.169 (35.169) - - Other reserved allocations
Laba tahun berjalan - - - - 160.494 (192) 160.302 Profit for the year
Saldo 31 Desember 2024 1.474.494 188.293 14.328 167.438 164.615 (416) 2.008.752 Balance as at December 31, 2024
Catatan atas laporan keuangan konsolidasian terlampir merupakan bagian yang tidak The accompanying notes to the consolidated financial statements form an integral
terpisahkan dari laporan keuangan konsolidasian secara keseluruhan. part of these consolidated financial statements.
Page 631
The original consolidated financial statements included herein are in
the Indonesian language.
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 4 Schedule
LAPORAN ARUS KAS KONSOLIDASIAN CONSOLIDATED STATEMENTS OF CASH FLOWS
UNTUK TAHUN YANG BERAKHIR FOR THE YEAR ENDED
PADA TANGGAL 31 DESEMBER 2024 DECEMBER 31, 2024
(Disajikan dalam ribuan dolar Amerika Serikat, kecuali (Expressed in thousands of United States dollar,
dinyatakan lain) unless otherwise stated)
31 Desember/ 31 Desember/
Catatan/ December 31, December 31,
Notes 2024 2023
ARUS KAS DARI CASH FLOWS FROM
AKTIVITAS OPERASI OPERATING ACTIVITIES
Penerimaan kas dari pelanggan 796.438 797.575 Cash receipts from customers
Penerimaan kas dari pendapatan bunga 36.559 21.903 Cash receipts interest income
Penerimaan kas dari klaim asuransi - 522 Cash receipts from insurance claim
Pembayaran kas kepada pemasok 38 (478.244) (474.125) Cash payments to suppliers
Pembayaran kas atas pajak penghasilan (71.398) (78.412) Cash payments of income tax
Pembayaran kas kepada karyawan (32.363) (28.755) Cash payments to employees
Penerimaan/(pembayaran) kas Cash receipts/(payments)
antar anak perusahaan 4.437 (778) between subsidiaries
Pembayaran premi asuransi Cash payments of insurance
dan klaim lainnya (900) (434) premium and others claim
Penambahan kas yang
dibatasi penggunaannya (308) - Addition in restricted cash
Penerimaan kas Cash receipts from
dari aktivitas operasi lainnya 4.063 17.694 other operating activities
Arus kas bersih yang diperoleh Net cash flows provided by
dari aktivitas operasi 258.284 255.190 operating activities
ARUS KAS DARI AKTIVITAS CASH FLOWS FROM
INVESTASI INVESTING ACTIVITIES
Penerimaan dividen kas dari aktivitas Cash dividends receipts from
investasi lainnya 2.574 1.174 other investment activities
Penambahan investasi di anak perusahaan Additional investment in
dan perusahaan asosiasi (100) (11.540) subsidiaries and associates
Penambahan aset tetap (103.408) (68.114) Additions to fixed assets
Arus kas bersih yang digunakan Net cash flows used in
untuk aktivitas investasi (100.934) (78.480) investing activities
ARUS KAS DARI AKTIVITAS CASH FLOWS FROM
PENDANAAN FINANCING ACTIVITIES
Penerimaan kas dari penerbitan saham 4.752 589.269 Cash receipts from shares issuance
Penerimaan kas dari penerbitan obligasi 34 - 399.737 Cash receipts from bond issuance
Pembayaran kas untuk dividen 27 (128.400) (100.000) Cash payments for dividend
Pembayaran pinjaman jangka pendek 34 - (600.000) Payments of short-term loan
Pembayaran pinjaman jangka panjang (14.973) (7.729) Payments of long-term loan
Pembayaran liabilitas sewa 10,38 (1.922) (2.184) Payments of lease liabilities
Pembayaran beban keuangan (50.596) (35.299) Payments of finance expenses
Pembayaran kas untuk Cash payments for
penerbitan saham dan obligasi - (4.888) shares and bonds issuance
Arus kas bersih yang (digunakan untuk)/ Net cash flows (used in)/provided by
diperoleh dari aktivitas pendanaan (191.139) 238.906 in financing activities
NET (DECREASE)/INCREASE
(PENURUNAN)/KENAIKAN CASH AND CASH
NETO KAS DAN SETARA KAS (33.789) 415.616 EQUIVALENTS
CASH AND CASH
SALDO KAS DAN SETARA EQUIVALENTS AT THE
KAS PADA AWAL TAHUN 677.717 262.302 BEGINNING OF THE YEAR
EFEK PERUBAHAN EFFECT OF EXCHANGE RATE
NILAI KURS PADA CHANGES ON CASH AND
KAS DAN SETARA KAS 11.263 (201) CASH EQUIVALENTS
CASH AND CASH
SALDO KAS DAN SETARA EQUIVALENTS AT THE
KAS PADA AKHIR TAHUN 655.191 677.717 END OF THE YEAR
Catatan atas laporan keuangan konsolidasian terlampir The accompanying notes to the consolidated financial statements
merupakan bagian yang tidak terpisahkan dari form an integral part of these
laporan keuangan konsolidasian secara keseluruhan. consolidated financial statements.
Page 632
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/1 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
1. INFORMASI UMUM 1. GENERAL INFORMATION
a. Perusahaan a. Company
(i) Profil Perusahaan (i) Company Profile
PT Pertamina Geothermal Energy PT Pertamina Geothermal Energy (the
(“Perusahaan”) didirikan berdasarkan Akta “Company”) was established on
Notaris No. 10 tanggal 12 Desember 2006 December 12, 2006, by Notarial Deed No.
oleh Marianne Vincentia Hamdani, S.H. 10 of Marianne Vincentia Hamdani, S.H.
Akta pendirian Perusahaan telah mendapat The deed of establishment was approved by
pengesahan dari Menteri Hukum dan Hak the Ministry of Law and Human Rights in
Asasi Manusia dengan surat keputusan No. decision letter No. W7-00089.HT.01.01-
W7-00089.HT.01.01-TH.2007 tanggal 3 TH.2007 dated January 3, 2007, and was
Januari 2007 serta telah diumumkan dalam published in the State Gazette No. 29
Berita Negara No. 29 Tambahan No. 3467 Supplement No. 3467 dated
tanggal 10 April 2007. April 10, 2007.
Anggaran Dasar Perusahaan telah The Company's Articles of Association have
mengalami beberapa kali perubahan. undergone several changes. The latest
Perubahan Anggaran Dasar yang terakhir amendments are stated in Deed Number
dituangkan dalam Akta Nomor 03 tanggal 2 03, dated May 2, 2024 with notification
Mei 2024 serta telah mendapat penerimaan receipt from the Minister of Law and Human
pemberitahuan dari Menteri Hukum dan Rights of the Republic of Indonesia via letter
Hak Asasi Manusia Republik Indonesia No. AHU-AH.01.03-0100626, dated May 2,
melalui surat No. AHU-AH.01.03-0100626 2024.
tanggal 2 Mei 2024.
Perusahaan bergerak di bidang panas bumi The Company was established to engage
dari sisi hulu dan atau sisi hilir baik di dalam in geothermal activities, including
maupun di luar negeri serta kegiatan usaha in the upstream and/or downstream sectors,
lain yang terkait atau menunjang kegiatan in Indonesia and abroad, and other related
usaha di bidang panas bumi tersebut. or supporting business activities in the field
Perusahaan mulai beroperasi secara of geothermal energy. The Company
komersial pada tanggal 3 Januari 2007. started its commercial operations on
January 3, 2007.
Pendirian Perusahaan merupakan tindak The Company’s establishment is related to
lanjut dari diterbitkannya Undang-undang Law No. 22 of 2001, dated November 23,
No. 22 Tahun 2001 tanggal 23 November 2001, regarding Oil and Gas, and
2001 tentang Minyak dan Gas Bumi dan Government Regulation No. 31 of 2003,
Peraturan Pemerintah No. 31 Tahun 2003 dated June 18, 2003, regarding the
tanggal 18 Juni 2003 tentang Pengalihan transformation of Perusahaan
Bentuk Perusahaan Pertambangan Minyak Pertambangan Minyak dan Gas Bumi
dan Gas Bumi Negara (PERTAMINA, Negara (PERTAMINA, the “former
selanjutnya disebut ”Pertamina Lama”) Pertamina Entity”) into PT Pertamina
menjadi PT Pertamina (Persero) (Persero) (”Pertamina”).
(”Pertamina”).
Page 633
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/2 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
a. Perusahaan (lanjutan) a. Company (continued)
(i) Profil Perusahaan (lanjutan) (i) Company Profile (continued)
Berdasarkan ketentuan Pasal 7 Peraturan According to Article 7 of Government
Pemerintah No. 31 Tahun 2003 tentang Regulation No. 31 of 2003, regarding the
pengalihan bentuk Pertamina Lama transformation of the former Pertamina
menjadi Perusahaan Perseroan (Persero), Entity into a limited liability company,
dalam jangka waktu paling lama dua tahun Pertamina should transfer all its geothermal
sejak Pertamina didirikan, kegiatan usaha activities to a subsidiary within two years of
bidang panas bumi yang dilaksanakan oleh its establishment. To satisfy this
Pertamina beralih kepada anak perusahaan requirement, Pertamina has established the
yang dibentuknya. Untuk memenuhi Company to continue its geothermal
ketentuan ini, Pertamina mendirikan business activities.
Perusahaan untuk meneruskan kegiatan
usaha panas bumi.
Pertamina membentuk subholding Power, Pertamina formed a sub-holding of Power,
New and Renewable Energy (“PNRE”) New and Renewable Energy (“PNRE”) in
dalam rangka mengembangkan sektor order to develop the electricity and new &
pembangkitan listrik dan energi baru & renewable energy generation sector on
terbarukan pada 12 Juni 2020 dimana June 12, 2020, the Company was
Perusahaan ditetapkan menjadi anak determined to be a subsidiary of the
perusahaan subholding tersebut. Status subholding. The legal end-state of the
hukum atas pembentukan subholding PNRE subholding formation was August 1,
PNRE disahkan pada 1 Agustus 2021. 2021.
Entitas induk Perusahaan adalah The Company’s parent is PT Pertamina
PT Pertamina Power Indonesia dan entitas Power Indonesia and its ultimate parent is
induk terakhirnya adalah Pemerintah the Government of the Republic of
Republik Indonesia. Indonesia.
Dalam Laporan keuangan konsolidasian ini, In this consolidated financial statement, the
Perusahaan dan entitas anaknya bersama- Company and its subsidiaries are together
sama disebut “Grup”. referred to as the “Group”.
(ii) Penawaran Umum Efek Perusahaan (ii) The Company’s Public Offering
Pada tanggal 16 Februari 2023, On February 16, 2023, the Company
Perusahaan mendapatkan Surat obtained Notification Letter regarding the
Pemberitahuan Efektif Pernyataan Effective Statement of Registration No. S-
Pendaftaran No. S-43/D.04/2023 atas 43/D.04/2023 arising from Initial Public
Penawaran Umum Perdana Saham dari Offering of Share from Financial Services
Otoritas Jasa Keuangan (“OJK”). Authority (“OJK”).
Perusahaan efektif mencatatkan The Company registered its initial public
penawaran umum perdana saham pada offering in the Indonesia Stock Exchange
Bursa Efek Indonesia per tanggal 24 effective February 24, 2023, with
Februari 2023, dengan jumlah saham yang 10,350,000,000 shares released to the
dilepas ke publik sebanyak 10.350.000.000 public, with a nominal value of Rp500 per
lembar, dengan nilai nominal Rp500 setiap share and offering value of Rp875 per share
saham dan harga penawaran sebesar and a total proceeds value of
Rp875 per lembar saham serta total nilai Rp9,056,250,000,000 (full amount) before
proceeds sebesar Rp9.056.250.000.000 issuance and underwriting costs.
(nilai penuh) sebelum biaya penerbitan dan
penjaminan emisi.
Page 634
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/3 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
a. Perusahaan (lanjutan) a. Company (continued)
(iii) Surat Utang Global Berwawasan (iii) Global Green Bond
Lingkungan
Pada tanggal 27 April 2023, Perusahaan On April 27, 2023, the Company conducted
menerbitkan surat utang berwawasan a public offering global green bond of Senior
lingkungan Senior Unsecured Fixed Rate Unsecured Fixed Rate Notes with nominal
Notes dengan nilai nominal sebesar value of US$400,000,000 (total amount)
US$400.000.000 (nilai penuh) dengan with an interest rate of 5.15% and a due
tingkat Bunga 5,15% dan jatuh tempo date on April 27, 2028, which was issued on
27 April 2028 yang diterbitkan di Bursa Efek the Singapore Stock Exchange (SGX-ST).
Singapura (SGX-ST). Seluruh dana hasil All proceeds from the bond issuance were
penerbitan surat utang tersebut digunakan used to repay bank loans.
untuk membayar pinjaman bank.
Penerbitan surat utang oleh Perseroan di The issuance of bonds by the Company
luar Indonesia sesuai dengan ketentuan outside Indonesia is under the provisions of
Rule 144A dan Regulation S dari U.S. Rule 144A and Regulation S of the U.S.
Securities Act. Surat Utang tidak ditawarkan Securities Act. The bonds are not offered
melalui Penawaran Umum sebagaimana through a Public Offering as referred to in
dimaksud dalam undang-undang pasar the capital market law (UUPM) and are not
modal (UUPM) dan tidak dicatatkan pada listed on the Indonesia Stock Exchange.
Bursa Efek Indonesia. Surat utang The bonds are made without going through
dilakukan tanpa melalui penawaran umum a public offering outside the territory of
di luar wilayah Indonesia dan tidak Indonesia. They are not offered to
ditawarkan kepada investor Indonesia baik Indonesian investors, whether individuals,
individu, institusi maupun bentuk hukum institutions or other legal forms, so they are
lainnya, sehingga tidak wajib memenuhi not required to fulfil the provisions in
ketentuan dalam Peraturan Otoritas Jasa Financial Services Authority Regulations
Keuangan (“POJK”) No.30/2019 (“POJK”) No.30/2019 as confirmed in OJK
sebagaimana ditegaskan dalam Surat OJK Letter No.S-161/2020.
No.S-161/2020.
(iv) Dewan Komisaris, Direksi dan Komite (iv) Board of Commissioners, Directors and
Audit dan Manajemen Risiko Audit and Risk Management Committee
Susunan Dewan Komisaris dan Direksi The composition of the Company’s Board of
Perusahaan pada tanggal 31 Desember Commissioners and Directors as at
2024 dan 2023 adalah sebagai berikut: December 31, 2024 and 2023, were as
follows:
31 Desember 2024 December 31, 2024
Dewan Komisaris: Board of Commissioners:
Komisaris Utama/Independen Sarman Simanjorang President/Independent Commissioner
Komisaris Gigih Udi Atmo Commissioner
Komisaris John Eusebius Iwan Anis Commissioner
Komisaris Independen Abdulla Zayed Independent Commissioner
Komisaris Independen Abdul Musawir Yahya Independent Commissioner
Page 635
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/4 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
a. Perusahaan (lanjutan) a. Company (continued)
(iv) Dewan Komisaris, Direksi dan Komite (iv) Board of Commissioners, Directors and
Audit dan Manajemen Risiko (lanjutan) Audit and Risk Management Committee
(continued)
31 Desember 2024 December 31, 2024
Direksi: Board of Directors:
Direktur Utama Yulfi Hadi President Director
Direktur Operasi Ahmad Yani Operations Director
Direktur Eksplorasi Exploration and
dan Pengembangan Edwil Suzandi Development Director
Direktur Keuangan Yurizki Rio Finance Director
31 Desember 2023 December 31, 2023
Dewan Komisaris: Board of Commissioners:
Komisaris Utama/Independen Sarman Simanjorang President/Independent Commissioner
Komisaris Harris Commissioner
Komisaris Dannif Danusaputro Commissioner
Komisaris Independen Sujit S. Parhar Independent Commissioner
Direksi: Board of Directors:
Direktur Utama Yulfi Hadi President Director
Direktur Operasi Ahmad Yani Operations Director
Direktur Eksplorasi Exploration and
dan Pengembangan Rachmat Hidajat Development Director
Direktur Keuangan Nelwin Aldriansyah Finance Director
Personil manajemen kunci Perusahaan The key management personnel of the
adalah Dewan Komisaris dan Direksi Company are the Board of Commissioners
sebagaimana disebutkan di atas and Directors, as mentioned above (Note
(Catatan 26l). 26l).
Susunan Komite Audit dan Manajemen The composition of the Company’s Audit
Risiko Perusahaan pada tanggal and Risk Management Committee as at
31 Desember 2024 dan 2023 adalah December 31, 2024 and 2023, were as
sebagai berikut: follows:
31 Desember 2024 December 31, 2024
Ketua Abdulla Zayed Chairman
Anggota Qatro Romandhi Member
Anggota Rafi Rakhmadhan Member
31 Desember 2023 December 31, 2023
Ketua Sarman Simanjorang Chairman
Anggota Bintang Sarwo Budhi Member
Anggota Qatro Romandhi Member
Page 636
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/5 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
a. Perusahaan (lanjutan) a. Company (continued)
(v) Domisili (v) Principal Address
Kantor pusat Perusahaan beralamat di The principal address of the Company’s
Grha Pertamina – Tower Pertamax Lt. 7, Jl. head office is Grha Pertamina – Pertamax
Medan Merdeka Timur No. 11-13, Gambir, Tower, 7th floor, Medan Merdeka Timur No.
Jakarta Pusat 10110. 11-13, Gambir, Central Jakarta 10110.
(vi) Karyawan (vi) Employees
Pada tanggal 31 Desember 2024 dan 2023, As of December 31, 2024 and 2023, the
Perusahaan mempunyai masing-masing Company has 525 and 502 employees,
525 dan 502 (tidak diaudit) dimana masing- respectively (unaudited), whereas 123 and
masing sebanyak 123 dan 104 karyawan 104 employees, respectively (unaudited),
(tidak diaudit) adalah pekerja Pertamina are the secondee employees Pertamina to
dengan status karyawan perbantuan the Group.
kepada Grup.
b. Entitas anak b. Subsidiaries
Pada tanggal 31 Desember 2024 dan 2023, As of December 31, 2024 and 2023, the
Perusahaan memiliki pengendalian secara Company controlled directly the following
langsung dan bersama pada entitas anak subsidiaries:
sebagai berikut:
Mulai
Beroperasi
Secara Pesentase kepemilikan/ Jumlah aset sebelum eliminasi/
Tempat komersial/ Kegiatan Percentage of ownership Total assets before elimination
Nama entitas kedudukan/ Start of usaha/ 31 Desember/ 31 Desember/ 31 Desember/ 31 Desember/
Anak/Name of Place of commercial Nature of December 31, December 31, December 31, December 31,
subsidiaries domicile operations business 2024 2023 2024 2023
PT Pertamina Provinsi Belum Panas bumi/ 99% 99% 12 12
Geothermal DKI Jakarta/ beroperasi/ Geothermal
Energy Province of Not yet
Kotamobagu*) DKI Jakarta operating
PT Geothermal Provinsi Belum Panas bumi/ 75% 75% 29 222
Energi DKI Jakarta/ beroperasi/ Geothermal
Seulawah Province of Not yet
DKI Jakarta operating
*) PGEL berganti nama menjadi PGEK efektif pada tanggal 4 Agustus 2022/PGEL has changed its name to PGEK effectively on August 4, 2022.
Perusahaan mendirikan PT Pertamina The Company established PT Pertamina
Geothermal Energy Lawu (“PGEL”), yang saat Geothermal Energy Lawu (“PGEL”), which is
ini bernama PT Pertamina Geothermal Energy currently named PT Pertamina Geothermal
Kotamobagu (“PGEK”) dan PT Geothermal Energy Kotamobagu (“PGEK”) and
Energi Seulawah (“GES”) masing-masing pada PT Geothermal Energi Seulawah (“GES”) in
tahun 2016 dan 2017. 2016 and 2017, respectively.
Page 637
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/6 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
c. Ventura bersama c. Joint venture
Pada 31 Desember 2024 dan 2023, ventura As of December 31, 2024 and 2023, the direct
bersama dengan kepemilikan langsung sebagai joint ventures are as follows:
berikut:
Mulai
beroperasi
secara Pesentase kepemilikan/
Tempat komersial/ Kegiatan Percentage of ownership
Nama ventura kedudukan/ Start of usaha/ 31 Desember/ 31 Desember/
bersama/Name Place of commercial Nature of December 31, December 31,
of joint ventures domicile operations business 2024 2023
PT Cahaya Provinsi Belum Panas bumi/ 40% 40%
Anagata DKI Jakarta/ beroperasi/ Geothermal
Energy*) Province of Not yet
DKI Jakarta operating
*) PT Cahaya Anagata Energy merupakan suatu ventura bersama yang dibentuk bersama-sama dengan Chevron New Energies Holdings Indonesia Ltd./
PT Cahaya Anagata Energy is a joint venture formed together with Chevron New Energies Holdings Indonesia Ltd.
Pada tanggal 12 Juni 2023, sebagai bentuk On June 12, 2023, as a form of the Group’s
usaha Grup untuk menambah kapasitas business to increase installed capacity, based
terpasang, berdasarkan Keputusan Menteri on the Decree of the Minister of Energy and
Energi dan Sumber Daya Mineral Nomor Mineral Resources Number
118.K/EK.01/MEM.E/2023 menetapkan PT 118.K/EK.01/MEM.E/2023, PT Pertamina
Pertamina Geothermal Energy Tbk dan PT Jasa Geothermal Energy Tbk and PT Jasa Daya
Daya Chevron sebagai pemenang pelelangan Chevron were determined as the winners’
wilayah kerja panas bumi Way Ratai, Provinsi auction of the Way Ratai geothermal working
Lampung. area, Lampung Province.
Pada tanggal 3 Oktober 2023 melalui perjanjian On October 3, 2023, PT Jasa Daya Chevron
novasi, berdasarkan perjanjian rekening transferred its rights and obligations to Chevron
bersama dan perjanjian kerja sama, PT Jasa New Energies Holdings Indonesia Ltd through a
Daya Chevron mengalihkan hak dan kewajiban novation agreement based on a joint account
kepada Chevron New Energies Holdings and cooperation agreement.
Indonesia Ltd.
Pada tanggal 6 Desember 2023, sebagai bagian On December 6, 2023, as part of the
dari pendirian ventura bersama tersebut, establishment of the joint venture, the Group
Perusahaan mengambil bagian dan melakukan took part and invested in 11,640,000 shares with
penyertaan modal dengan jumlah saham a nominal value of US$1 (full amount), with 40%
11.640.000 lembar dengan nilai nominal US$1 ownership percentage and Chevron New
(nilai penuh), dengan presentase kepemilikan Energies Holdings Indonesia Ltd owns the
40% dan sisa nya sebesar 60% dimiliki oleh remaining 60%.
Chevron New Energies Holdings Indonesia Ltd.
Perusahaan ini didirikan berdasarkan Akta This company was established based on
Notaris No. 36 Tahun 2023 dan untuk Notarial Deed No. 36 of 2023, and its
pelaksanaan operasional nya didasari oleh operational implementation is based on the
Perjanjian Pemegang Saham tanggal 4 Januari Shareholder Agreement dated January 4, 2024,
2024 yang telah disepakati oleh para pihak. which the parties agreed upon.
Page 638
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/7 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
c. Ventura bersama (lanjutan) c. Joint venture (continued)
Pada tanggal 23 September 2024, PT Cahaya On September 23, 2024, PT Cahaya Anagata
Anagata Energy telah mendapatkan Izin Panas Energy obtained a Geothermal Permit valid for
Bumi yang berlaku selama 37 (tiga puluh tujuh) 37 (thirty-seven) years, with exploration
tahun, dengan tahapan kegiatan eksplorasi activities lasting a maximum of 5 (five) years and
paling lama 5 (lima) tahun dan dilanjutkan continued with exploitation and utilisation
dengan kegiatan eksplotasi dan pemanfaatan activities lasting a maximum of 30 (thirty) years.
paling lama 30 (tiga puluh) tahun.
Maksud dan tujuan perusahaan ini didirikan The aim and objective of this company's
adalah untuk bergerak di bidang pengusahaan establishment is to operate in the geothermal
tenaga panas bumi. Untuk mencapai maksud energy business. To achieve these objectives,
tujuan tersebut, perusahaan dapat companies can carry out geothermal energy
melaksanakan kegiatan eksplorasi energi panas exploration activities, including exploration
bumi, termasuk kegiatan eksplorasi di kawasan activities in forest areas and other activities
hutan dan kegiatan-kegiatan lain yang berkaitan related to exploiting geothermal energy in the
dengan pengusahaan energi panas bumi place where it is used.
sampai ke tempat pemanfaatannya.
Grup menjadi venturer dalam ventura bersama The Group became a joint venturer in the form
berupa pengendalian bersama entitas dengan of a jointly controlled entity by recognising its
mengakui bagian partisipasi dalam laporan participating interest in the financial statements
keuangan menggunakan metode ekuitas. using the equity method.
d. Penyelesaian laporan keuangan d. Completion of consolidated financial
konsolidasian statement
Manajemen Perusahaan bertanggung jawab The Company’s management is responsible for
atas penyusunan dan penyajian wajar laporan preparing and fairly presenting these
keuangan konsolidasian ini sesuai dengan consolidated financial statements under
Standar Akuntansi Keuangan di Indonesia, yang Indonesian Financial Accounting Standards,
diselesaikan dan diotorisasi untuk diterbitkan which were completed and authorised for
oleh Direksi Perusahaan pada tanggal issuance by the Company's Board of Directors
24 Maret 2025. on March 24, 2025.
2. BISNIS OPERASI PANAS BUMI 2. GEOTHERMAL BUSINESS OPERATIONS
Sejak tahun 1974, Pertamina Lama memperoleh Since 1974, the former Pertamina Entity has been
wilayah-wilayah kerja panas bumi di Indonesia assigned geothermal working areas in Indonesia
berdasarkan surat-surat keputusan dari Menteri based on various decision letters issued by the
Pertambangan dan Energi. Sesuai dengan Minister of Mines and Energy. Following Government
Peraturan Pemerintah No. 31 Tahun 2003, Regulation No. 31 Year 2003, all rights and
segala hak dan kewajiban, yang timbul dari kontrak obligations arising from the contracts and
dan perikatan antara Pertamina Lama dengan agreements entered between former Pertamina
pihak ketiga, sepanjang tidak bertentangan Entity and third parties, so long as these are not
dengan Undang-Undang No. 22 Tahun 2001, contrary to Law No. 22 Year 2001, were transferred
beralih kepada Pertamina sejak tanggal to Pertamina effective September 17, 2003. Through
17 September 2003. Pertamina melalui Surat its letter No.282/C00000/2007-S0 dated March 12,
No.282/C00000/2007-S0 tertanggal 12 Maret 2007 2007, Pertamina assigned its geothermal Working
menyerahkan wilayah kerja panas bumi kepada areas to the Company effective from January 1,
Perusahaan sejak tanggal 1 Januari 2007. 2007.
Page 639
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/8 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
2. BISNIS OPERASI PANAS BUMI (lanjutan) 2. GEOTHERMAL BUSINESS OPERATIONS
(continued)
Pengalihan hak, kewajiban dan kepentingan yang The transfer of Pertamina’s rights, obligations and
berhubungan dengan kegiatan pengusahaan panas interests in geothermal business operations to the
bumi Pertamina ke Perusahaan telah mendapat Company was approved by the Minister of Energy
persetujuan dari Menteri Energi dan Sumber Daya and Mineral Resources in letters No.
Mineral melalui surat No. 2198/30/DJB/2009 tanggal 2198/30/DJB/2009 dated August 4, 2009, and No.
4 Agustus 2009 dan surat No. 2523/30/DJB/2009 2523/30/DJB/2009 dated September 1, 2009.
tanggal 1 September 2009. Efektif sejak tanggal Effective June 28, 2010, Pertamina’s geothermal
28 Juni 2010 aset panas bumi Pertamina telah assets were transferred to the Company, which
dialihkan kepada Perusahaan, sebagai tambahan formed part of Pertamina’s contribution to the
setoran modal Pertamina kepada Perusahaan. Company’s additional paid-up capital. This transfer of
Pengalihan aset panas bumi Pertamina tersebut Pertamina’s geothermal assets was documented in
dituangkan dalam Akta Notaris No. 23 tanggal Notarial Deed No. 23 dated June 28, 2010, of
28 Juni 2010 oleh Lenny Janis Ishak, S.H. Lenny Janis Ishak, S.H.
Pengusahaan wilayah-wilayah kerja tersebut The operations of the above geothermal working
dilakukan dengan cara sebagai berikut: areas are conducted through the following schemes:
● Operasi sendiri ● Own operations
● Kontrak Operasi Bersama (“KOB”) ● Joint Operating Contracts (“JOCs”)
Berdasarkan Keputusan Menteri Energi dan Sumber Based on the Minister of Energy and Mineral
Daya Mineral melalui surat keputusan Nomor Resources Decree through decision letter Number
11.K/HK.02/MEM.E/2022, tanggal 14 Januari 2022 11.K/HK.02/MEM.E/2022 dated January 14, 2022,
Menteri Energi dan Sumber Daya Mineral menyetujui the Minister of Energy and Mineral Resources has
pengembalian Izin Panas Bumi PT Pertamina approved the relinquishment of PT Pertamina
Geothermal Energy Lawu di Wilayah Kerja Gunung Geothermal Energy Lawu’s Geothermal Permit in
Lawu. Gunung Lawu working area.
Pada tanggal 31 Desember 2024 dan 2023, wilayah As of December 31, 2024 and 2023, the Group’s
kerja panas bumi Grup adalah sebagai berikut: geothermal working areas are as follows:
a. Operasi sendiri a. Own operations
Berikut informasi wilayah kerja yang dikelola The following working areas are operated by the
sendiri oleh Grup: Group:
Kapasitas (tidak diaudit)/
Capacity (unaudited)
Status lapangan/ Uap/Steam Listrik/Electricity
Wilayah kerja/Working areas Lokasi/Locations Field status (Megawatts/MW) (Megawatts/MW)
Dikelola oleh Perusahaan/ Managed by the Company
Gunung Sibayak – Gunung Sinabung Sibayak, Sumatera Utara/ Produksi/Production 10 2
North Sumatera
Kamojang – Drajat Kamojang, Jawa Barat/ Produksi/Production 140 95
West Java
Lahendong Lahendong, Sulawasi Produksi/Production 80 40
Utara/North Sulawesi
Gunung Way Panas Ulubelu, Lampung Produksi/Production 110 110
Karaha – Cakrabuana Karaha, Jawa Barat/ Produksi/Production - 30
West Java
Lumut Balai dan Marga Bayur Lumut Balai, Sumatera Produksi/Production - 55
Selatan/South Sumatera
Page 640
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/9 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
2. BISNIS OPERASI PANAS BUMI (lanjutan) 2. GEOTHERMAL BUSINESS OPERATIONS
(continued)
a. Operasi sendiri (lanjutan) a. Own operations (continued)
Kapasitas (tidak diaudit)/
Capacity (unaudited)
Status lapangan/ Uap/Steam Listrik/Electricity
Wilayah kerja/Working areas Lokasi/Locations Field status (Megawatts/MW) (Megawatts/MW)
Dikelola oleh Perusahaan/ Managed by the Company
Hululais Hululais, Bengkulu Pengembangan/ - -
Development
Sungai Penuh Sungai Penuh, Jambi Eksplorasi/Exploration - -
Dikelola oleh Entitas Anak/ Managed by Subsidiaries
Seulawah Agam Aceh Eksplorasi/Exploration - -
Kotamobagu Sulawesi Utara/ Eksplorasi/Exploration - -
North Sulawesi
Pada tanggal 31 Desember 2024 dan 2023, As of December 31, 2024 and 2023, the
wilayah kerja Perusahaan sudah berproduksi Company’s working areas have generated
dengan minimum keluaran ekuivalen dengan output that is at least equivalent to the
kontrak Perusahaan dengan pelanggan, yaitu Company’s contracts with customers, which
antara 72,23% sampai 90% dari total kapasitas. range from 72.23% to 90% of total capacity.
Berdasarkan Keputusan Menteri ESDM No. Based on the Decree of the Minister of
14.K/EK.01/MEM.E/2022 tanggal 20 Januari Energy and Mineral Resources No.
2022 tentang Perubahan atas Keputusan 14.K/EK.01/MEM.E/2022 dated 20 January
Menteri ESDM No. 143.K/36/MEM.E/2022 2022 of Amendments to the Minister of Energy
tentang Penugasan Pengusahaan Panas Bumi and Mineral Resources Decree No.
kepada PT Pertamina (Persero) di Wilayah Kerja 143.K/36/MEM.E/2022 of the Assignment of
Panas Bumi di Daerah Kotamobagu, PT Geothermal Business to PT Pertamina (Persero)
Pertamina (Persero) menugaskan anak in the Geothermal Working Area in the
perusahaan dari Grup yaitu PT Pertamina Kotamobagu Region, PT Pertamina (Persero)
Geothermal Energy Kotamobagu untuk has assigned the subsidiary of the Group,
mengoperasikan wilayah kerja tersebut. PT Pertamina Geothermal Energy Kotamobagu
to operate the work area.
Page 641
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/10 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
2. BISNIS OPERASI PANAS BUMI (lanjutan) 2. GEOTHERMAL BUSINESS OPERATIONS
(continued)
a. Operasi sendiri (lanjutan) a. Own operations (continued)
Perjanjian Jual Beli Uap (“PJBU”) (Kamojang 1, The terms of the Steam Sales Contracts
2, 3, Lahendong 2, 3, 4 dan Ulubelu 1, 2) (”SSCs”) (Kamojang 1, 2, 3, Lahendong 2, 3, 4
menerapkan klausul Take or Pay (“TOP”) and Ulubelu 1, 2) apply to Take or Pay (“TOP”)
dan/atau Delivery or Pay (“DOP”). Perjanjian and/or Delivery or Pay (“DOP”) clauses. Energy
Jual Beli Energi Listrik (“PJBL”) (Kamojang 4, 5, Sales Contracts (”ESCs”) (Kamojang 4, 5,
Lahendong 5, 6, Ulubelu 3, 4, Karaha 1 dan Lahendong 4, 5, Ulubelu 3, 4, Karaha 1 and
Lumut Balai 1, 2) menerapkan klausul TOP. Lumut Balai 1, 2) apply TOP clauses. TOP is the
TOP adalah suatu kondisi dalam kontrak dimana contract provision whereby the buyer (PT PLN
pihak pembeli (PT PLN (Persero) (ˮPLNˮ)) harus (Persero) (”PLN”)) is required to pay a minimum
membayar sejumlah kapasitas uap atau listrik capacity payment to the Company based on the
minimum tertentu kepada Perusahaan sesuai specified capacity according to the SSCs/ESCs
dengan jumlah yang disepakati dalam kontrak as long as the Company can supply steam or
PJBU/PJBL selama Perusahaan dapat generate electricity at the minimum specified
memenuhi kebutuhan minimum yang ditentukan level. DOP is the contract provision whereby the
tersebut. DOP adalah suatu kondisi dalam Company is required to pay the buyer (PLN) if
kontrak dimana Perusahaan harus membayar the Company is unable to supply steam or
kekurangan pasokan kepada pembeli (PLN) generate electricity at the minimum specified
apabila Perusahaan tidak dapat memenuhi level according to the SSCs/ESCs. TOP and
pasokan minimum yang ditentukan dalam DOP percentages are specific in each contract.
kontrak PJBU/PJBL. Persentase TOP dan DOP
adalah spesifik dalam setiap kontrak.
Kemampuan Perusahaan untuk memenuhi The Company’s ability to meet the DOP
kuantitas minimum DOP tergantung dari minimum quantities depends on its geothermal
pengelolaan sumber daya panas bumi. Sumber operations. Geothermal energy resources are
daya panas bumi memiliki risiko geologis seperti subject to geological risks, such as releases,
pelepasan (release), tekanan (pressure), dan pressure, and temperature declines. Any of
penurunan suhu. Kondisi tersebut dapat these conditions may increase capital
meningkatkan belanja modal dan biaya operasi, expenditures and operating costs or reduce the
atau mengurangi efisiensi dari fasilitas efficiency of electricity-generating facilities.
pembangkit listrik.
Grup tetap memiliki aset panas bumi dan At the end of the ESC/SSC terms, the Group will
fasilitas pembangkitan listrik pada saat continue to own the geothermal assets and
berakhirnya PJBU/PJBL, tidak ada ketentuan electricity-generating facilities, and there is no
untuk diserahterimakan kepada Pemerintah requirement to hand these assets over to the
atau PLN. Government or PLN.
Page 642
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/11 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
2. BISNIS OPERASI PANAS BUMI (lanjutan) 2. GEOTHERMAL BUSINESS OPERATIONS
(continued)
b. Kontrak Operasi Bersama (”KOB”) b. Joint Operating Contracts (”JOCs”)
Dalam KOB, kegiatan panas bumi di wilayah Under the JOC scheme, geothermal activities in
kerja Grup dioperasikan oleh kontraktor panas the Group’s working areas are conducted by
bumi. geothermal contractors.
Berikut informasi wilayah kerja yang The following are the details of the working areas
dikerjasamakan dengan kontraktor KOB: operated by the JOC contractors:
Kapasitas (tidak diaudit)/
Capacity (unaudited)
Uap/Steam Listrik/Electricity
Wilayah kerja/ Status lapangan/ (Megawatts/ (Megawatts/
Working areas Lokasi/Locations Field status MW) MW) Kontraktor/Contractors
Cibereum – Parabakti Salak, Jawa Barat/ Produksi/Production 180 197 Star Energy Geothermal
West Java Salak Ltd. dan/and Star
Energy Geothermal Salak
Pratama Ltd.
Kamojang – Darajat Darajat, Jawa Barat/ Produksi/Production 55 216 Star Energy Geothermal
West Java Darajat II Ltd.
Pangelengan Wayang Windu, Jawa Produksi/Production - 227 Star Energy Geothermal
Barat/West Java Wayang Windu Ltd.
Gunung Sibual-buali Sarulla, Sumatera Produksi/Production - 330 Sarulla Operation Ltd.
Utara/North Sumatera
Tabanan Bedugul, Bali Eksplorasi/Exploration - - Bali Energy Ltd.
Pada tanggal 31 Desember 2024 dan 2023 As of December 31, 2024 and 2023, all the JOC
semua wilayah kerja kontraktor KOB sudah contractors’ working areas had production
berproduksi dengan minimum keluaran output that was at least equivalent to the JOC’s
ekuivalen dengan Energy Sales Contracts Energy Sales Contract, which ranges from 80%
dalam KOB, yaitu antara 80% sampai dengan to 95% of total capacity.
95% dari total kapasitas.
Material dan peralatan yang dibeli oleh Materials and equipment purchased by the JOC
kontraktor KOB dan merupakan bagian dari contractors and incorporated into production
fasilitas produksi, dengan memperhatikan aspek facilities, subject to liens in favour of lenders
penjaminan kepada pemberi kredit dan except for equipment leased by the JOC
pengecualian untuk peralatan yang disewa oleh contractors, become the property of the Group
kontraktor KOB, menjadi milik Grup pada saat when landed at Indonesian ports (in the case of
material dan peralatan tersebut berada dalam imports) or upon incorporation into the
wilayah pabean Indonesia (jika diperoleh melalui production facilities. The Group grants the JOC
impor) atau setelah material dan peralatan contractors an exclusive and irrevocable right
tersebut terpasang. Grup memberikan hak during the term of the JOC contracts to use,
eksklusif yang tidak dapat dicabut kembali among other things, the field facilities for
kepada kontraktor KOB untuk menggunakan geothermal operations during the term of the
diantaranya fasilitas produksi untuk kepentingan JOC. The JOC contractors record the costs of
operasi panas bumi selama periode berlakunya these assets during the JOC period.
KOB. Biaya yang dikeluarkan untuk memperoleh
aset-aset tersebut dicatat oleh kontraktor KOB
selama periode KOB.
Page 643
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/12 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
2. BISNIS OPERASI PANAS BUMI (lanjutan) 2. GEOTHERMAL BUSINESS OPERATIONS
(continued)
b. Kontrak Operasi Bersama (”KOB”) (lanjutan) b. Joint Operating Contracts (”JOCs”)
(continued)
Pada saat berakhirnya KOB, fasilitas At the end of the JOC terms, the electricity-
pembangkitan listrik yang dioperasikan oleh generating facilities operated by the JOC
kontraktor KOB akan dialihkan kepada Grup contractors will be transferred to the Group (JOC
(KOB Darajat, Wayang Windu, dan Bedugul) Darajat, Wayang Windu, and Bedugul) and PLN
dan PLN (KOB Salak dan Sarulla). (JOC Salak and Sarulla).
Berdasarkan KOB, Grup berhak mendapatkan Under the JOCs, the Group is entitled to receive
production allowances dari kontraktor KOB yang production allowances from the JOC contractors
besarnya 2,66% untuk KOB Darajat dan 4% at the rate of 2.66% for the Darajat JOC and 4%
untuk KOB Salak, Wayang Windu, Sarulla, dan for the Salak, Wayang Windu, Sarulla, and
Bedugul, dari laba operasi bersih tahunan Bedugul JOCs of the JOC contractors’ annual
kontraktor KOB yang dihitung berdasarkan KOB. net operating income as calculated under the
JOCs.
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL POLICIES INFORMATION
a. Dasar Penyajian Laporan Keuangan a. Basis of Presentation of Consolidated
Konsolidasian Financial Statements
Laporan keuangan konsolidasian telah disusun The consolidated financial statements have
sesuai dengan Standar Akuntansi Keuangan di been prepared in accordance with Indonesian
Indonesia, yang mencakup Pernyataan dan Financial Accounting Standards, which
Interpretasi yang dikeluarkan oleh Dewan comprise the Statements and Interpretations
Standar Akuntansi Keuangan Ikatan Akuntan issued by the Financial Accounting Standards
Indonesia (“DSAK IAI”) dan Peraturan- Board of the Institute of Indonesia Chartered
Peraturan serta Pedoman Penyajian dan Accountants (Dewan Standar Akuntansi
Pengungkapan Laporan Keuangan yang Keuangan Ikatan Akuntan Indonesia or DSAK
diterbitkan oleh Otoritas Jasa Keuangan IAI) and the Regulations and Guidelines on
(“OJK”). Financial Statement Presentation and
Disclosures issued by Financial Services
Authority (Otoritas Jasa Keuangan” or “ OJK”).
Laporan keuangan konsolidasian disusun The consolidated financial statements have
berdasarkan konsep akrual, kecuali laporan been prepared on the accrual basis, except for
arus kas konsolidasian, dengan menggunakan the consolidated statement of cash flows, using
konsep biaya historis, kecuali seperti yang the historical cost concept of accounting, except
disebutkan dalam Catatan atas laporan as disclosed in the relevant Notes to the
keuangan konsolidasian yang relevan. consolidated financial statements herein.
Page 644
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/13 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
a. Dasar penyusunan laporan keuangan a. Basis of consolidated financial statements
konsolidasian (lanjutan) preparation (continued)
Laporan arus kas konsolidasian yang disajikan The consolidated statement of cash flows, which
dengan menggunakan metode langsung, have been prepared using the direct method,
menyajikan penerimaan dan pengeluaran kas present receipts and disbursements of cash and
dan setara kas yang diklasifikasikan ke dalam cash equivalents classified into operating,
aktivitas operasi, investasi dan pendanaan. investing and financing activities.
Kebijakan akuntansi yang diterapkan oleh Grup The accounting policies adopted by the Group
adalah selaras bagi tahun yang dicakup oleh are consistently applied for the years covered by
laporan keuangan konsolidasian, kecuali untuk the consolidated financial statements, except for
standar akuntansi baru dan revisi seperti new and revised accounting standards as
diungkapkan pada Catatan 3b di bawah ini. disclosed in the following Note 3b.
Grup telah menyusun laporan keuangan The Group has prepared the consolidated
konsolidasian dengan dasar bahwa Grup akan financial statements on the basis that it will
menjaga kelangsungan usaha. continue to operate as a going concern.
b. Perubahan kebijakan akuntansi b. Changes in accounting principles
Nomenklatur Standar Akuntansi Keuangan Financial Accounting Standards Nomenclature
Nomenklatur revisian diatur ulang dan diubah The revised nomenclature is reordered and
sebagaimana yang dipublikasikan oleh DSAK amended based on those as published by DSAK
IAI untuk periode keuangan yang dimulai pada IAI for financial periods beginning on and after
dan setelah tanggal 1 Januari 2024. January 1, 2024.
Amandemen PSAK 201: Liabilitas Jangka Amendment of PSAK 201: Non-current
Panjang dengan Kovenan Liabilities with Covenants
Amandemen ini menentukan persyaratan untuk The amendments specify the requirements for
mengklasifikasikan suatu liabilitas sebagai classifying liabilities as current or non-current
jangka pendek atau jangka panjang dan and clarify:
menjelaskan:
hal yang dimaksud sebagai hak untuk what is meant by a right to defer settlement,
menangguhkan pelunasan,
hak untuk menangguhkan pelunasan the right to defer must exist at the end of the
harus ada pada akhir periode pelaporan, reporting period,
klasifikasi tersebut tidak dipengaruhi oleh classification is not affected by the likelihood
kemungkinan entitas akan menggunakan that an entity will exercise its deferral right,
hakya untuk menangguhkan liabilitas, dan and
bahwa jika derivatif melekat dalam That if an embedded derivative in a
kewajiban yang dapat dikonversi dianggap convertible liability is considered as an
sebagai instrumen ekuitas, ketentuan equity instrument, the terms of the liability
kewajiban ini tidak akan mempengaruhi would not affect its classification as current
klasifikasinya sebagai lancar atau tidak or non-current.
lancar.
Selain itu, entitas diwajibkan untuk In addition, an entity is required to disclose when
mengungkapkan ketika kewajiban, yang timbul a liability, arising from a loan agreement, is
dari perjanjian pinjaman, diklasifikasikan classified as non-current and the entity’s right to
sebagai tidak lancar dan hak entitas untuk defer settlement is subject to compliance with
menunda penyelesaian bergantung pada future covenants within twelve months.
kepatuhan terhadap kovenan di masa depan
dalam jangka waktu dua belas bulan.
Page 645
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/14 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
b. Perubahan kebijakan Akuntansi (lanjutan) b. Changes in accounting principles (continued)
Amandemen ini tidak diharapkan akan The amendments are not expected to have an
memberikan dampak terhadap laporan impact on the Group’s consolidated financial
keuangan konsolidasian Grup. statements.
Amandemen PSAK 116: Liabilitas Sewa dalam Amendment of PSAK 116: Lease liability in a
Jual Beli dan Sewa-balik Sale and Leaseback
Amandemen ini menetapkan persyaratan yang The amendment specifies the requirements that
digunakan penjual-penyewa dalam mengukur a seller-lessee uses in measuring the lease
kewajiban sewa yang timbul dalam transaksi jual liability arising in a sale and leaseback
beli dan sewa-balik, untuk memastikan penjual- transaction, to ensure the seller-lessee does not
penyewa tidak mengakui jumlah setiap recognise any amount of the gain or loss that
keuntungan atau kerugian yang terkait dengan relates to the right of use it retains.
hak guna yang dipertahankan.
Amandemen ini tidak diharapkan akan The amendments are not expected to have an
memberikan dampak terhadap laporan impact on the Group’s consolidated financial
keuangan konsolidasian Grup. statements.
Amandemen PSAK 207 dan PSAK 107: Amendment of PSAK 207 and PSAK 107:
Pengaturan Pembiayaan Pemasok Supplier Finance Arrangements
Amandemen ini mengklarifikasi karakteristik The amendments to PSAK 207 and PSAK 107
pengaturan pembiayaan pemasok dan clarify the characteristics of supplier finance
mensyaratkan pengungkapan tambahan atas arrangements and require additional disclosure
pengaturan pembiayaan pemasok tersebut. of such arrangements. The disclosure
Persyaratan pengungkapan dalam amandemen requirements in the amendments are intended to
ini dimaksudkan untuk membantu pengguna assist users of financial statements in
laporan keuangan dalam memahami dampak understanding the effects of supplier finance
pengaturan pembiayaan pemasok terhadap arrangements on an entity’s liabilities, cash flows
liabilitas, arus kas, dan eksposur terhadap risiko and exposure to liquidity risk.
likuiditas suatu entitas
Amandemen ini tidak diharapkan akan The amendments are not expected to have an
memberikan dampak terhadap laporan impact on the Group’s consolidated financial
keuangan konsolidasian Grup. statements.
c. Prinsip-prinsip konsolidasi c. Principles of consolidation
Laporan keuangan konsolidasian meliputi The consolidated financial statements comprise
laporan keuangan Perusahaan dan entitas- the Company's and its subsidiaries' financial
entitas anak. Kendali diperoleh bila Grup statements. Control is achieved when the Group
terekspos atau memiliki hak atas imbal hasil is exposed to or has rights to variable returns
variabel dari keterlibatannya dengan investee from its involvement with the investee and can
dan memiliki kemampuan untuk mempengaruhi affect those returns through its power over the
imbal hasil tersebut melalui kekuasaannya atas investee.
investee.
Page 646
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/15 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
c. Prinsip-prinsip konsolidasi (lanjutan) c. Principles of consolidation (continued)
Dengan demikian, Grup mengendalikan Thus, the Group controls an investee if and only
investee jika dan hanya jika Grup memiliki if the Group has all the following:
seluruh hal berikut ini:
1. Kekuasaan atas investee, yaitu hak yang 1. Power over the investee, that is, existing
ada saat ini yang memberi Grup rights that give the Group current ability to
kemampuan kini untuk mengarahkan direct the relevant activities of the investee,
aktivitas relevan dari investee,
2. Eksposur atau hak atas imbal hasil variabel 2. Exposure, or rights, to variable returns from
dari keterlibatannya dengan investee, dan its involvement with the investee, and
3. Kemampuan untuk menggunakan 3. The ability to use its power over the investee
kekuasaannya atas investee untuk to affect its returns.
mempengaruhi jumlah imbal hasil.
Bila Grup tidak memiliki hak suara atau hak When the Group has less than a majority of the
serupa secara mayoritas atas suatu investee, voting or similar rights of an investee, the Group
Grup mempertimbangkan semua fakta dan considers all relevant facts and circumstances in
keadaan yang relevan dalam mengevaluasi assessing whether it has power over an
apakah mereka memiliki kekuasaan atas investee, including:
investee, termasuk:
1. Pengaturan kontraktual dengan pemilik hak 1. The contractual arrangement with the other
suara lainnya dari investee, vote holders of the investee,
2. Hak yang timbul atas pengaturan kontraktual 2. Rights arising from other contractual
lain, dan arrangements, and
3. Hak suara dan hak suara potensial yang 3. The Group's voting rights and potential
dimiliki Grup. voting rights.
Grup menilai kembali apakah mereka The Group re-assesses whether it controls an
mengendalikan investee bila fakta dan keadaan investee if facts and circumstances indicate
mengindikasikan adanya perubahan terhadap changes to one or more of the three control
satu atau lebih dari ketiga elemen dari elements. Consolidation of subsidiaries begins
pengendalian. Konsolidasi atas entitas-entitas when the Group obtains control over the
anak dimulai sejak Grup memperoleh subsidiary and ceases when the Group loses
pengendalian atas entitas anak dan berakhir control of the subsidiary. Assets, liabilities,
pada saat Grup kehilangan pengendalian atas income and expenses of a subsidiary acquired
entitas anak. Aset, liabilitas, penghasilan dan during the year are included in the consolidated
beban dari entitas anak yang diakuisisi pada financial statements from the date the Group
tahun tertentu disertakan dalam laporan gains control until the date the Group ceases to
keuangan konsolidasian sejak tanggal Grup control the subsidiary.
memperoleh kendali sampai tanggal Grup tidak
lagi mengendalikan entitas anak tersebut.
Seluruh laba rugi dan setiap komponen Profit or loss and each component of other
penghasilan komprehensif lain (“PKL”) comprehensive income (“OCI”) is attributed to
diatribusikan pada pemilik entitas induk dan the equity holders of the parent of the Group and
pada kepentingan nonpengendali (“KNP”), the non-controlling interests (“NCI”), even if this
walaupun hal ini akan menyebabkan saldo KNP results in the NCI having a deficit balance. When
yang defisit. Bila dipandang perlu, penyesuaian necessary, adjustments are made to the
dilakukan terhadap laporan keuangan entitas financial statements of subsidiaries to align their
anak untuk diselaraskan dengan kebijakan accounting policies with the Group’s accounting
akuntansi Grup. policies.
Page 647
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/16 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
c. Prinsip-prinsip konsolidasi (lanjutan) c. Principles of consolidation (continued)
Seluruh aset dan liabilitas, ekuitas, penghasilan On consolidation, all intra-group assets and
dan beban dan arus kas atas transaksi antar liabilities, equity, income, expenses, and cash
anggota Grup dieliminasi sepenuhnya pada saat flows related to transactions between members
konsolidasi. of the Group are eliminated in full.
Perubahan dalam bagian kepemilikan entitas A change in the parent’s ownership interest in a
induk pada entitas anak yang tidak subsidiary, without a loss of control, is accounted
mengakibatkan hilangnya pengendalian, dicatat for as an equity transaction. Suppose the Group
sebagai transaksi ekuitas. Bila kehilangan loses control over a subsidiary; in that case, it
pengendalian atas suatu entitas anak, maka derecognises the related assets (including
Grup menghentikan pengakuan atas aset goodwill), liabilities, NCI and another component
(termasuk goodwill), liabilitas dan komponen lain of equity, while the difference is recognised in
dari ekuitas terkait, dan selisihnya diakui pada the profit or loss. Any investment retained is
laba rugi. Bagian dari investasi yang tersisa recognised at fair value.
diakui pada nilai wajar.
d. Klasifikasi lancar dan tak lancar d. Current and non-current classification
Grup menyajikan aset dan liabilitas dalam The Group presents assets and liabilities in the
laporan posisi keuangan konsolidasian statement of financial position based on
berdasarkan klasifikasi lancar/tak lancar. Suatu current/non-current classification. An asset is
aset disajikan lancar bila: current when it is:
1. Akan direalisasi, dijual atau dikonsumsi 1. Expected to be realised or intended to be
dalam siklus operasi normal, sold or consumed in the normal operating
cycle,
2. Untuk diperdagangkan, 2. Held primarily for the purpose of trading,
3. Akan direalisasi dalam 12 bulan setelah 3. expected to be realised within 12 months
tanggal pelaporan, atau after the reporting period, or
4. Kas atau setara kas kecuali yang dibatasi 4. Cash or cash equivalent unless restricted
penggunaannya atau akan digunakan untuk from being exchanged or used to settle a
melunasi suatu liabilitas dalam kurun waktu liability for at least 12 months after the
12 bulan setelah tanggal pelaporan. reporting period.
Seluruh aset lain diklasifikasikan sebagai tidak All other assets are classified as non-current.
lancar.
Suatu liabilitas disajikan lancar bila: A liabilities is current when it is:
1. Akan dilunasi dalam siklus operasi normal, 1. Expected to be settled in the normal
operating cycle,
2. Untuk diperdagangkan, 2. Held primarily for the purpose of trading,
3. Akan dilunasi dalam 12 bulan setelah 3. Due to be settled within 12 months after the
tanggal pelaporan, atau reporting period, or
4. Tidak ada hak untuk menangguhkan 4. There is no right at the end of reporting
pelunasannya dalam kurun waktu 12 bulan period to defer the settlement of the liability
setelah periode pelaporan. for at least 12 months after the reporting
period
Seluruh liabilitas lain diklasifikasikan sebagai All other liabilities are classified as non-current.
tidak lancar.
Aset dan kewajiban pajak tangguhan Deferred tax assets and liabilities are classified
diklasifikasikan sebagai aset dan kewajiban as non-current assets and liabilities.
jangka panjang.
Page 648
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/17 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
e. Kas dan setara kas e. Cash and cash equivalents
Kas dan setara kas dalam laporan posisi Cash and cash equivalents in the statements of
keuangan konsolidasian terdiri dari kas dan consolidated financial position comprise cash on
bank serta deposito jangka pendek yang jatuh hand and in banks and short-term deposits with a
tempo dalam waktu 3 bulan atau kurang, yang maturity of three (3) months or less, that are
dapat segera dikonversikan menjadi kas dalam readily convertible to a known amount of cash and
jumlah yang dapat ditentukan dan memiliki risiko subject to an insignificant risk of changes in value.
perubahan nilai yang tidak signifikan.
Kas dan setara kas yang dibatasi Cash and cash equivalents which are restricted
penggunaannya yang akan digunakan untuk for repayment of currently maturing obligations
membayar liabilitas yang akan jatuh tempo are presented as restricted cash under the current
dalam waktu satu tahun disajikan sebagai kas assets section. Cash and cash equivalents which
yang dibatasi penggunaannya dan disajikan are restricted to repay obligations maturing after
sebagai bagian dari aset lancar. Kas dan setara one year from the date of consolidated statement
kas yang dibatasi penggunaannya untuk of financial position are presented as part of
membayar liabilitas yang akan jatuh tempo restricted cash under the non-current assets
dalam waktu lebih dari satu tahun dari tanggal section.
laporan posisi keuangan konsolidasian disajikan
dalam kas yang dibatasi penggunaannya dan
disajikan sebagai bagian dari aset tidak lancar.
f. Transaksi dengan pihak berelasi f. Transactions with related parties
Perusahaan dan entitas anaknya melakukan The company and subsidiaries have
transaksi dengan pihak berelasi sesuai dengan transactions with related parties as defined in
definisi yang diuraikan pada PSAK 224: PSAK 224: Related Party Disclosures.
Pengungkapan Pihak-pihak Berelasi.
Transaksi ini dilakukan berdasarkan The transactions are made based on terms
persyaratan yang disetujui oleh kedua belah agreed by the parties, which may not be the
pihak, yang mungkin tidak sama dengan same as those made with unrelated parties.
transaksi lain yang dilakukan dengan pihak-
pihak yang tidak berelasi.
Saldo dan transaksi signifikan dengan pihak- All significant balances and transactions with
pihak berelasi diungkapkan dalam Catatan 26. related parties are disclosed in Note 26.
Kecuali diungkapkan khusus sebagai pihak Unless specifically identified as related parties,
berelasi, maka pihak-pihak lain yang disebutkan the parties disclosed in the Notes to the
dalam Catatan atas laporan keuangan consolidated financial statements are unrelated
konsolidasian merupakan pihak tidak berelasi. parties.
Page 649
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/18 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
g. Piutang usaha dan piutang lain-lain g. Trade and other receivables
Piutang usaha dan piutang lain-lain pada Trade and other receivables are initially
awalnya diakui sebesar nilai wajar dan recognised at fair value and subsequently
kemudian diukur pada biaya perolehan measured at amortised cost using the effective
diamortisasi dengan menggunakan metode interest method, less provision for impairment.
suku bunga efektif, dikurangi dengan penyisihan If collection is expected in one year or less (or in
untuk penurunan nilai. Jika piutang diharapkan the normal operating cycle of the business if
tertagih dalam satu tahun atau kurang (atau longer), they are classified as current assets.
dalam siklus normal operasi dari bisnis jika lebih If not, they are presented as non-current assets.
lama), piutang tersebut dikelompokkan sebagai
aset lancar. Jika tidak, piutang tersebut disajikan
sebagai aset tidak lancar.
Piutang usaha merupakan jumlah yang terutang Trade receivables are amounts due from
dari pelanggan atas penjualan uap dan listrik, customers for steam and electricity sold, and
dan production allowances dalam kegiatan production allowances in the ordinary course of
usaha normal. business.
h. Persediaan h. Inventories
Persediaan material seperti suku cadang, bahan Inventory, such as spare parts, chemicals, and
kimia dan lain-lain, dicatat berdasarkan metode others, is stated at the weighted average cost.
rata-rata tertimbang. Persediaan usang, tidak Obsolete, unusable, and slow-moving inventory
terpakai, dan lambat pergerakannya dicatat is also stated at the weighted average cost and
berdasarkan metode rata-rata tertimbang dan recorded as part of the “Non-current assets-
disajikan dalam akun “Aset tidak lancar - Aset Other assets, net” account.
lain-lain, bersih”.
Penyisihan persediaan usang dibentuk untuk An allowance for inventory obsolescence is
mengurangi jumlah tercatat persediaan ke nilai provided to reduce the carrying amounts of
realisasi netonya yang ditentukan melalui inventories to their net realisable value based on
pengujian berkala atas estimasi penggunaan the periodic review of the estimated future usage
atau penjualan masing-masing jenis persediaan or sale of individual inventory items.
di masa yang akan datang.
Page 650
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/19 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
i. Aset tetap i. Fixed assets
Biaya perolehan termasuk biaya penggantian Cost includes replacing parts of fixed assets and
sebagian aset tetap dan biaya pinjaman untuk borrowing costs for long-term construction
proyek konstruksi jangka panjang jika kriteria projects if the recognition criteria are satisfied.
pengakuan terpenuhi. Demikian pula, ketika Likewise, when a major inspection is performed,
major inspection dilakukan, biayanya diakui its cost is recognised at the carrying amounts of
sebagai nilai tercatat aset tetap sebagai biaya the fixed assets as a replacement if the
penggantian, jika kriteria pengakuan terpenuhi. recognition criteria are satisfied.
Tanah tidak disusutkan. Penyusutan aset lain Land is not depreciated. Depreciation on other
dihitung dengan menggunakan metode garis assets is calculated using the straight-line
lurus untuk mengalokasikan harga perolehan method to allocate their cost to their residual
sampai dengan nilai sisanya selama masa values over their estimated useful lives, as
manfaat yang diestimasi, sebagai berikut: follows:
Tahun/Years
Sumur panas bumi 10 - 20 Geothermal wells
Instalasi 5 - 30 Installations
Bangunan 5 - 40 Buildings
Harta benda bergerak 5 - 20 Moveable assets
Biaya-biaya setelah pengakuan awal diakui Subsequent costs are included in the asset’s
sebagai bagian dari nilai tercatat aset atau carrying amount or recognised as a separate
sebagai aset yang terpisah, sebagaimana asset, as appropriate, only when it is probable
mestinya, hanya apabila kemungkinan besar that future economic benefits associated with the
Grup akan mendapatkan manfaat ekonomis di item will flow to the Group and the cost of the
masa depan berkenaan dengan aset tersebut item can be measured reliably. The carrying
dan biaya perolehan aset dapat diukur dengan amount of the replaced part is derecognised. All
andal. Nilai tercatat dari komponen yang diganti other repairs and maintenance are charged to
dihapuskan. Biaya perbaikan dan pemeliharaan the statements of profit or loss and other
dibebankan ke dalam laporan laba-rugi dan comprehensive income during the financial
penghasilan komprehensif lainnya dalam period they are incurred.
periode dimana biaya-biaya tersebut terjadi.
Nilai tercatat dari aset tetap ditelaah untuk The carrying amount of fixed assets is tested for
penurunan nilai ketika terdapat kejadian atau impairment whenever events or changes in
perubahan keadaan yang mengindikasikan circumstances indicate that the carrying amount
bahwa nilai tercatat tidak dapat terpulihkan. may not be recoverable.
Jumlah tercatat aset tetap dihentikan An item of fixed asset is derecognised upon
pengakuannya pada saat dilepaskan atau saat disposal or when no future economic benefits
tidak ada manfaat ekonomis di masa depan are expected from its use or disposal. Any gain
yang diharapkan dari penggunaan atau or loss arising from the derecognition of the
pelepasannya. Laba atau rugi yang timbul dari asset, calculated as the difference between the
penghentian pengakuan aset, yang merupakan net disposal proceeds and the carrying amount
perbedaan antara jumlah neto hasil pelepasan of the asset, is included in profit or loss. The
dengan jumlah tercatatnya, disajikan dalam laba residual value of assets, useful lives, and
rugi. Nilai sisa aset, masa manfaat, dan metode depreciation method are reviewed and adjusted,
penyusutan ditelaah dan jika perlu disesuaikan, if appropriate, at the end of each reporting
pada setiap akhir periode pelaporan. period.
Page 651
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/20 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
i. Aset tetap (lanjutan) i. Fixed assets (continued)
Aset tetap dalam pembangunan Asset Under Construction
Aset tetap dalam pembangunan merupakan Construction in progress represents costs for
biaya-biaya untuk eksplorasi dan evaluasi aset exploring and evaluating geothermal assets,
panas bumi, pengembangan aset panas bumi, developing geothermal assets, and building
dan pembangunan aset tetap lainnya. Biaya- other assets. When an asset is completed and
biaya tersebut akan dipindahkan ke aset tetap ready to use, such costs are transferred to the
yang bersangkutan pada saat aset tersebut relevant fixed asset account. Costs are
selesai dan siap digunakan. Biaya-biaya yang accumulated on a field-by-field basis.
terjadi diakumulasikan berdasarkan lapangan
per lapangan.
Biaya geologi dan geofisika dibebankan pada Geological and geophysical costs are expensed
saat terjadi. as incurred.
Biaya-biaya pemboran sumur eksplorasi dan The costs of drilling exploratory wells and drilling
biaya-biaya pemboran sumur tes stratigrafi, exploratory-type stratigraphic test wells are
dikapitalisasi sebagai bagian dari Aset tetap capitalised as part of assets under construction -
dalam pembangunan - aset eksplorasi, hingga exploration assets, pending the determination of
ditentukan apakah sumur tersebut memenuhi whether the well has met the standards of
standar untuk produksi seperti tekanan dan production, such as pressure and temperature.
temperatur. Jika sumur tersebut memenuhi If the wells have met the production standards,
standar untuk produksi, kapitalisasi biaya the capitalised costs of drilling the wells are
pemboran sumur dievaluasi terhadap tested for impairment and transferred to assets
penurunan nilai dan ditransfer menjadi aset under construction - development assets (even
tetap dalam pembangunan - aset though the well may not yet be completed as a
pengembangan (walaupun sumur tersebut producing well). However, if the well has not met
nantinya tidak akan dijadikan sumur produksi). the production standards, the capitalised costs
Namun demikian, jika sumur tersebut tidak of drilling the well are then charged to expense.
memenuhi standar untuk produksi, biaya
pemboran sumur yang telah dikapitalisasi akan
dicatat sebagai beban.
Biaya-biaya pemboran sumur dalam The costs of drilling development wells, including
pengembangan termasuk biaya pemboran the costs of drilling unsuccessful development
sumur pengembangan yang tidak menghasilkan wells and development-type stratigraphic wells,
sumur pengembangan stratigrafi dikapitalisasi are capitalized as part of the assets under
sebagai bagian dari Aset tetap dalam construction of development wells until drilling is
pembangunan sumur pengembangan hingga completed. When the development well is
proses pemboran selesai. Pada saat completed on a specific field, it is transferred to
pengembangan sumur telah selesai pada fixed assets - production wells.
lapangan tertentu, maka sumur tersebut akan
ditransfer ke aset tetap - sumur produksi.
Page 652
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/21 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
j. Kapitalisasi biaya pinjaman j. Capitalized borrowing costs
Biaya bunga dan biaya pinjaman lainnya, seperti Interest and other borrowing costs, such as
biaya diskonto pinjaman baik yang secara discount fees on loans either directly or indirectly
langsung atau tidak langsung digunakan untuk used to finance the construction of a qualifying
pendanaan konstruksi aset kualifikasian asset, are capitalised up to the date when
(“qualifying asset”), dikapitalisasi hingga aset construction is complete. For borrowing costs
tersebut selesai dikonstruksi. Untuk biaya directly attributable to a qualifying asset, the
pinjaman yang dapat diatribusikan secara amount to be capitalised is determined as the
langsung pada aset kualifikasian, jumlah yang actual borrowing cost incurred during the period,
dikapitalisasi ditentukan dari biaya pinjaman less any income earned on the temporary
aktual yang terjadi selama periode berjalan, investment of this borrowing.
dikurangi penghasilan yang diperoleh dari
investasi sementara atas dana hasil pinjaman
tersebut.
Untuk pinjaman yang tidak dapat diatribusikan For borrowing not directly attributable to a
secara langsung pada suatu aset kualifikasian, qualifying asset, the capitalisation amount is
jumlah yang dikapitalisasi ditentukan dengan determined by applying a capitalisation rate to
mengalikan tingkat kapitalisasi terhadap jumlah the amount expended on the qualifying assets.
yang dikeluarkan untuk memperoleh aset The capitalisation rate is the weighted average
kualifikasian. Tingkat kapitalisasi dihitung of the total borrowing costs applicable to the total
berdasarkan rata-rata tertimbang biaya borrowings outstanding during the period, other
pinjaman yang dibagi dengan jumlah pinjaman than borrowings taken out specifically to obtain
yang tersedia selama periode, selain pinjaman a qualifying asset.
yang secara spesifik diambil untuk tujuan
memperoleh aset kualifikasian.
Biaya pinjaman dapat terjadi selama suatu Borrowing costs may be incurred during an
periode yang diperpanjang yang mana entitas extended period when an entity ceases activities
menghentikan aktivitas yang diperlukan untuk necessary to prepare an asset for its intended
mempersiapkan suatu aset agar dapat use or sale. Such borrowing costs are the costs
digunakan atau dijual sesuai intensinya. Biaya of owning a partially completed asset and do not
pinjaman tersebut merupakan biaya kepemilikan qualify for capitalisation. An entity suspends the
aset yang selesai sebagian dan tidak memenuhi capitalisation of borrowing costs during an
syarat untuk dikapitalisasi. Entitas extended period during which active
menghentikan sementara kapitalisasi biaya development of a qualifying asset ceases.
pinjaman selama periode yang diperpanjang
dimana pengembangan aktif atas aset
kualifikasian juga dihentikan.
k. Utang usaha dan utang lain-lain k. Trade and other payables
Utang usaha dan utang lain-lain pada awalnya Trade and other payables are recognized initially
diakui pada nilai wajar dan kemudian diukur at fair value and subsequently measured at
dengan harga perolehan diamortisasi yang amortised cost using the effective interest
menggunakan metode suku bunga efektif. Utang method. Payables are classified as current
dikelompokan sebagai liabilitas jangka pendek liabilities if payment is due within one year or less
apabila pembayaran jatuh tempo dalam waktu (or within the normal operating cycle of the
satu tahun atau kurang (atau dalam siklus business if longer). If not, they are presented as
normal operasi dari bisnis jika lebih lama). Jika non-current liabilities.
tidak, utang tersebut disajikan sebagai utang
jangka panjang.
Page 653
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/22 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
l. Pinjaman l. Borrowings
Pada saat pengakuan awal, pinjaman diakui Borrowings are recognised initially at fair value,
sebesar nilai wajar, dikurangi dengan biaya- net of transaction costs incurred. Subsequently,
biaya transaksi yang terjadi. Selanjutnya, they are carried at amortised cost; any difference
pinjaman diukur sebesar biaya perolehan between the proceeds (net of transaction costs)
diamortisasi; selisih antara penerimaan and the redemption value is recognised in the
(dikurangi biaya transaksi) dan nilai pelunasan profit or loss throughout the borrowings using the
dicatat pada laporan laba-rugi selama periode effective interest method.
pinjaman dengan menggunakan metode bunga
efektif.
Biaya pinjaman yang terjadi untuk konstruksi Borrowing costs incurred for the construction of
aset kualifikasian, dikapitalisasi selama periode any qualifying asset are capitalised during the
waktu yang dibutuhkan untuk menyelesaikan period of time that is required to complete and
konstruksi aset dan mempersiapkannya sampai prepare the asset for its intended use or sale
dapat digunakan sesuai tujuan yang (Note 3j).
dimaksudkan atau untuk dijual (Catatan 3j).
Pinjaman diklasifikasikan sebagai liabilitas Borrowings are classified as current liabilities
jangka pendek kecuali Grup memiliki hak tanpa unless the Group has an unconditional right to
syarat untuk menunda pembayaran liabilitas defer the liability settlement for at least 12
selama paling tidak 12 bulan setelah tanggal months after the reporting date.
pelaporan.
m. Pengakuan pendapatan dan beban m. Revenues and expenses recognition
Pendapatan dari penjualan uap dan listrik diakui Revenue from sales of steam and electricity is
pada saat terpenuhinya seluruh kondisi berikut: recognised when all the following conditions are
met:
1. Identifikasi kontrak dengan pelanggan. 1. Identify contracts with customers.
2. Identifikasi kewajiban pelaksanaan dalam 2. Identification of performance obligations in
kontrak. Kewajiban pelaksanaan the contract. Performance obligations are
merupakan janji-janji dalam kontrak untuk promises in a contract to deliver steams or
menyerahkan uap atau listrik ke pelanggan. electricity to customers.
3. Penetapan harga transaksi. Harga transaksi 3. Determining the transaction price. The
merupakan jumlah imbalan yang berhak transaction price is the consideration an
diperoleh suatu entitas sebagai kompensasi entity is entitled to receive as compensation
atas diserahkannya uap atau listrik yang for delivering the promised steam or
dijanjikan ke pelanggan. Jika imbalan yang electricity to the customer. If the benefits
dijanjikan di kontrak mengandung suatu promised in the contract contain a variable
jumlah yang bersifat variabel, maka Grup amount, the Group estimates the amount of
membuat estimasi jumlah imbalan tersebut the consideration at the amount expected to
sebesar jumlah yang diharapkan berhak be entitled to receive the promised steam or
diterima atas diserahkannya uap atau listrik electricity to the customer less the estimated
yang dijanjikan ke pelanggan dikurangi amount of steam and electricity guarantees
dengan estimasi jumlah jaminan uap dan to be paid during the contract period.
listrik yang akan dibayarkan selama periode
kontrak.
4. Alokasi harga transaksi ke setiap kewajiban 4. Allocation of the transaction price to each
pelaksanaan dengan menggunakan dasar performance obligation based on the
harga jual berdiri sendiri relatif dari setiap relative stand-alone selling price of each
uap atau listrik berbeda yang dijanjikan di different steam or electricity promised in the
kontrak. Ketika tidak dapat diamati secara contract. When this cannot be observed
langsung, harga jual berdiri sendiri relatif directly, the relative stand-alone selling
diperkirakan berdasarkan biaya yang price is estimated based on expected cost
diharapkan ditambah marjin. plus a margin.
Page 654
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/23 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
m. Pengakuan pendapatan dan beban (lanjutan) m. Revenue and expenses recognition
(continued)
5. Pengakuan pendapatan ketika kewajiban 5. Revenue is recognised when performance
pelaksanaan telah dipenuhi dengan obligations have been fulfilled by delivering
menyerahkan uap atau listrik yang the promised steam or electricity to the
dijanjikan ke pelanggan (ketika pelanggan customer (when the customer controls the
telah memiliki kendali atas barang atau jasa goods or services).
tersebut).
Biaya dan pendapatan sehubungan dengan The cost and revenue involving sales of steam
penjualan uap dan listrik antara Perusahaan, and electricity among the Company, geothermal
kontraktor panas bumi dan PLN dicatat secara contractors and PLN are recorded as net based
bersih setelah mempertimbangkan klausul di on Energy Sales Contracts under a JOC. The
dalam PJBL dalam KOB. KOB tersebut contracts stipulate that the sale of steam and
mengharuskan penjualan uap dan listrik dari electricity from the JOC contractors to PLN is to
kontraktor KOB ke PLN dilakukan melalui be made on the pass-through arrangement with
Perusahaan, dimana Perusahaan akan menjual the Company, in which the Company will charge
kepada PLN pada nilai yang sama dengan biaya PLN in the same amount of the purchase costs
pembelian uap dan listrik dari kontraktor KOB. as the steam and electricity from the JOCs.
Pendapatan dan beban lainnya diakui pada saat Other revenue and expenses are recognised as
terjadi berdasarkan konsep akrual. incurred on an accrual basis.
n. Imbalan kerja n. Employee benefits
i. Program imbalan pasti i. Defined benefit plans
Liabilitas program pensiun imbalan pasti The liability recognised in the consolidated
yang diakui dalam laporan posisi keuangan statement of financial position in respect of
konsolidasian adalah nilai kini kewajiban defined benefit pension plans is the present
imbalan pasti pada tanggal pelaporan value of the defined benefit obligation at the
dikurangi nilai wajar aset program. reporting date less the fair value of plan
Perhitungan tersebut dilakukan oleh assets. An independent actuary performs
aktuaris independen dengan menggunakan the calculation using the projected unit
metode projected unit credit. Nilai kini credit method. The present value of the
kewajiban imbalan pasti ditentukan dengan defined benefit obligation is determined by
mendiskontokan estimasi arus kas keluar di discounting the estimated future cash
masa depan menggunakan tingkat bunga outflows using government bond interest
obligasi pemerintah dengan pertimbangan rates, considering that currently there is no
bahwa pada saat ini tidak terdapat pasar deep market for high-quality corporate
aktif untuk obligasi korporasi yang bonds with terms to maturity approximating
berkualitas tinggi yang memiliki periode the terms of the related liability.
jatuh temponya berdekatan dengan periode
liabilitas tersebut.
Beban yang diakui di laba rugi termasuk Expenses charged to profit or loss include
biaya jasa kini, beban/pendapatan bunga, current service costs, interest
biaya jasa lalu dan keuntungan/kerugian expense/income, past service costs, and
penyelesaian. gains and losses on settlements.
Page 655
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/24 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
n. Imbalan kerja (lanjutan) n. Employee benefits (continued)
i. Program imbalan pasti (lanjutan) i. Defined benefit plans (continued)
Pengukuran kembali program imbalan pasti Remeasurements of defined benefit plans
diakui dalam penghasilan komprehensif are recognised in other comprehensive
lain. Pengukuran kembali terdiri dari income. Remeasurements comprise
keuntungan dan kerugian aktuaria, imbal actuarial gains and losses, the return on
hasil aset program (diluar pendapatan plan assets (excluding amounts included in
bunga yang sudah diakumulasi dalam net interest on the net defined benefit
perhitungan bunga neto/aset) dan setiap liability/asset) and any change in the effect
perubahan atas dampak batas atas aset of the asset ceiling (excluding amounts
(diluar pendapatan bunga yang sudah included in net interest on the net defined
diakumulasi dalam perhitungan bunga benefit liability/asset).
neto/aset).
Biaya jasa lalu diakui segera dalam laba Past-service costs are recognised
rugi, kecuali perubahan pada program immediately in profit or loss unless the
pensiun tergantung pada kondisi karyawan changes to the pension plan are conditional
memberikan jasanya selama periode on the employees remaining in service for a
tertentu (periode vesting). Dalam hal ini, specified period of time (the vesting period).
biaya jasa lalu diamortisasi dengan In this case, the past-service costs are
menggunakan metode garis lurus amortised straight-line over the vesting
sepanjang periode vesting. period.
Keuntungan dan kerugian atas kurtailmen Gains and losses on curtailment are
diakui ketika terdapat komitmen untuk recognised when a commitment to reduce
mengurangi jumlah karyawan yang the number of employees covered by a plan
tercakup dalam suatu program secara or an amendment of defined benefit plan
signifikan atau ketika terdapat perubahan terms, such as a material element of future
ketentuan dalam program imbalan pasti services to be provided by current
yang menyebabkan bagian yang material employees no longer qualifying for benefits
dari jasa masa depan, karyawan tidak lagi or qualifying only for reduced benefits, is
memberikan imbalan atau memberikan made.
imbalan yang lebih rendah.
Program imbalan pasti yang The defined benefit plans provided by the
diselenggarakan oleh Grup meliputi pensiun Group cover defined benefit pension and
imbalan pasti dan kewajiban imbalan pasti defined benefit obligation under Job
berdasarkan Undang- Undang Cipta Kerja Creation Law No. 11/2020 (the “Job
No. 11/2020 (“Undang-Undang Cipta Creation Law”) (before January 1, 2021:
Kerja”) (sebelum 1 Januari 2021: Undang- Labour Law No. 13/2003 (the “Labour
Undang Ketenagakerjaan No. 13/2003 (“UU Law”)) or the Collective Labour Agreement
Ketenagakerjaan”)) atau Kontrak Kerja (the “CLA”), whichever is higher.
Bersama (“KKB”), mana yang lebih tinggi.
Page 656
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/25 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
n. Imbalan kerja (lanjutan) n. Employee benefits (continued)
ii. Imbalan kerja jangka panjang lainnya ii. Other long-term benefits
Kewajiban terkait dengan UTD dihitung oleh The obligation with respect to UTD is
aktuaris independen dengan menggunakan calculated by an independent actuary using
metode projected unit credit dan dibayarkan the projected unit credit method and paid
pada saat karyawan mencapai UTD tertentu when the employees reach certain
selama masa kerjanya. anniversary dates during employment.
Biaya jasa lalu dan keuntungan atau Past service cost and actuarial gains or
kerugian aktuarial yang timbul dari losses arising from experience adjustments
penyesuaian akibat perbedaan antara and changes in actuarial assumptions are
asumsi aktuarial dan kenyataan dan charged immediately to profit or loss.
perubahan asumsi-asumsi aktuarial
dibebankan secara langsung ke laba rugi.
o. Penjabaran mata uang asing o. Foreign currency translation
i. Mata uang fungsional dan penyajian i. Functional and presentation currency
Akun-akun yang tercakup dalam laporan Items included in the Group's consolidated
keuangan konsolidasian Grup diukur financial statements are measured using
menggunakan mata uang dari lingkungan the currency of the primary economic
ekonomi utama di mana entitas beroperasi environment in which the entity operates
(“mata uang fungsional”). Laporan (the “functional currency”). The
keuangan konsolidasian disajikan dalam consolidated financial statements are
ribuan dolar Amerika Serikat (US$), yang presented in thousands of US Dollars
merupakan mata uang fungsional dan (US$), which is the Group’s functional and
penyajian Grup. presentation currency.
ii. Transaksi dan saldo ii. Transactions and balances
Transaksi dalam mata uang selain dolar AS Transactions denominated in currencies
dikonversikan dengan menggunakan kurs other than the US dollar are converted using
yang berlaku pada tanggal transaksi. exchange rates prevailing at the dates of the
transactions.
Pada setiap tanggal pelaporan, aset dan At each reporting date, monetary assets
liabilitas moneter dalam mata uang asing and liabilities denominated in foreign
dijabarkan ke dalam mata uang dolar AS currencies are translated into US dollars
menggunakan kurs JISDOR yang berlaku using the JISDOR rate prevailing as of
pada tanggal 31 Desember 2024 dan 2023. December 31, 2024 and 2023. The
Kurs yang digunakan untuk mata uang exchange rates of the major foreign
asing utama adalah sebagai berikut (nilai currencies used are as follows (full amount):
penuh):
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
1.000 Rupiah/Dolar 1,000 Rupiah/
Amerika Serikat 0,06 0,06 US Dollar
1 Euro/Dolar 1 Euro/
Amerika Serikat 1,04 1,11 US Dollar
100 Yen Jepang/Dolar 100 Japanese
Amerika Serikat 0,63 0,71 Yen/US Dollar
Page 657
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/26 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
o. Penjabaran mata uang asing (lanjutan) o. Foreign currency translation (continued)
ii. Transaksi dan saldo (lanjutan) ii. Transactions and balances (continued)
Keuntungan dan kerugian selisih kurs yang Foreign exchange gains and losses
timbul dari penyelesaian transaksi dalam resulting from the settlement of such
mata uang asing dan dari penjabaran aset transactions and the translation at period-
dan liabilitas moneter dalam mata uang end exchange rates of monetary assets and
asing diakui di dalam laporan laba-rugi, liabilities denominated in foreign currencies
kecuali jika ditangguhkan di dalam ekuitas are recognised in profit or loss, except when
sebagai lindung nilai arus kas dan lindung deferred in equity as qualifying cash flow
nilai investasi bersih yang memenuhi hedges and qualifying net investment
syarat. hedges.
Keuntungan dan kerugian selisih kurs yang Foreign exchange gains and losses related
berhubungan dengan pinjaman, serta kas to borrowings and cash and cash
dan setara kas disajikan pada laporan laba- equivalents are presented in the profit or
rugi sebagai “pendapatan lain-lain”. loss within “other income”.
p. Perpajakan p. Taxation
Pajak kini Current tax
Aset dan liabilitas pajak kini untuk periode Current income tax assets and liabilities for the
berjalan diukur sebesar jumlah yang diharapkan current period are measured at the amount
dapat direstitusi dari atau dibayarkan kepada expected to be recovered from or paid to the
otoritas perpajakan. Tarif pajak dan peraturan taxation authority. The tax rates and tax laws
pajak yang digunakan untuk menghitung jumlah used to compute the amount are those that have
tersebut adalah yang telah berlaku atau secara been enacted or substantively enacted as at the
substantif telah berlaku pada tanggal pelaporan reporting date in the countries where the Group
di negara tempat Grup beroperasi dan operates and generates taxable income.
menghasilkan pendapatan kena pajak.
Bunga dan denda disajikan sebagai bagian dari Interests and penalties are presented as part of
penghasilan atau beban operasi lain karena other operating income or expenses since they
tidak dianggap sebagai bagian dari beban pajak are not considered as part of the income tax
penghasilan. expense.
Pajak penghasilan kini terkait dengan pos-pos Current income tax relating to items recognised
yang diakui secara langsung di ekuitas diakui directly in equity is recognised in equity, not in
dalam ekuitas dan bukan dalam laporan laba the statement of profit or loss. Management
rugi. Manajemen secara berkala mengevaluasi periodically evaluates positions taken in the tax
posisi yang diambil dalam Surat Pemberitahuan returns concerning situations in which applicable
Tahunan (SPT) sehubungan dengan situasi di tax regulations are subject to interpretation and
mana peraturan perpajakan yang berlaku establishes provisions where appropriate.
tunduk pada interpretasi dan menetapkan
ketentuan yang sesuai.
Sesuai dengan Keputusan Presiden No. Following Presidential Decree No. 49/1991,
49/1991, Keputusan Menteri Keuangan No. Decision Letter of the Minister of Finance No.
766/KMK.04/1992, dan Peraturan Menteri 766/KMK.04/1992, and Ministry of Finance
Keuangan No. 90/PMK.02/2017, Grup sebagai Regulation No. 90/PMK.02/2017, the Group as a
pengusaha panas bumi berkewajiban menyetor geothermal producer is required to transfer the
bagian Pemerintah sebesar 34% dari laba usaha Government’s portion of the Group’s operating
bersih ke Kementerian Keuangan, yang income in the amount of 34% to the Ministry of
diperlakukan sebagai setoran pajak Finance, which amount is deemed to represent
penghasilan. corporate income tax.
Page 658
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/27 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
p. Perpajakan (lanjutan) p. Taxation (continued)
Pajak tangguhan Deferred tax
Pajak tangguhan diakui dengan menggunakan Deferred tax is provided using the liability method
metode liabilitas atas perbedaan temporer pada on temporary differences at the reporting date
tanggal pelaporan antara dasar pengenaan pajak between the tax bases of assets and liabilities and
dari aset dan liabilitas dan jumlah tercatatnya untuk their carrying amounts for financial reporting
tujuan pelaporan keuangan pada tanggal purposes at the reporting date.
pelaporan.
Aset pajak tangguhan diakui untuk seluruh Deferred tax assets are recognised for all
perbedaan temporer yang dapat dikurangkan dan deductible temporary differences and carry forward
akumulasi rugi pajak belum dikompensasi, bila of unused tax losses to the extent that it is probable
kemungkinan besar laba kena pajak akan tersedia that taxable profits will be available against which
sehingga perbedaan temporer dapat dikurangkan deductible temporary differences and the carry
tersebut, dan rugi pajak belum dikompensasi, forward of unused tax losses can be utilised,
dapat dimanfaatkan, kecuali: except:
i. jika aset pajak tangguhan timbul dari i. where the deferred tax asset relating to the
pengakuan awal aset atau liabilitas dalam deductible temporary difference arises from the
transaksi yang bukan transaksi kombinasi initial recognition of an asset or liability in a
bisnis dan tidak mempengaruhi laba akuntansi transaction that is not a business combination
maupun laba kena pajak/rugi pajak; atau and, at the time of the transaction, affects neither
the accounting profit nor taxable profit or loss; or
ii. dari perbedaan temporer yang dapat ii. in respect of deductible temporary differences
dikurangkan atas investasi pada entitas anak, associated with investments in subsidiaries,
aset pajak tangguhan hanya diakui bila besar deferred tax assets are recognised only to the
kemungkinannya bahwa beda temporer itu extent that the temporary differences will
tidak akan dibalik dalam waktu dekat dan laba probably reverse in the foreseeable future and
kena pajak dapat dikompensasi dengan beda taxable profit will be available against which the
temporer tersebut. temporary differences can be utilised.
Jumlah tercatat aset pajak tangguhan ditelaah The carrying amount of a deferred tax asset is
pada setiap tanggal pelaporan dan diturunkan reviewed at each reporting date and reduced to the
apabila laba kena pajak mungkin tidak memadai extent that it is no longer probable that sufficient
untuk mengkompensasi sebagian atau semua taxable profit will be available to allow all or part of
manfaat aset pajak tangguhan. Aset pajak the benefit of that deferred tax asset to be utilised.
tangguhan yang tidak diakui ditinjau ulang pada Unrecognised deferred tax assets are reassessed
setiap tanggal pelaporan dan akan diakui apabila at each reporting date. They are recognised to the
besar kemungkinan bahwa laba kena pajak pada extent that it has become probable that future
masa yang akan datang akan tersedia untuk taxable profit will allow the deferred tax assets to be
pemulihannya. recovered.
Pajak tangguhan terkait dengan pos-pos yang Deferred tax relating to items recognised outside
diakui di luar laba rugi diakui di luar laba rugi. Item profit or loss is recognised outside profit or loss.
pajak tangguhan diakui sesuai dengan transaksi Deferred tax items are recognized in correlation to
yang mendasarinya baik di PKL maupun secara the underlying transaction either in OCI or directly
langsung di ekuitas. in equity.
Manfaat pajak yang diperoleh sebagai bagian dari Tax benefits acquired as part of a business
kombinasi bisnis, tetapi tidak memenuhi kriteria combination but not satisfying the criteria for
untuk pengakuan terpisah pada tanggal tersebut, separate recognition at that date are recognised
diakui selanjutnya jika informasi baru tentang fakta subsequently if new information about facts and
dan keadaan berubah. Penyesuaian tersebut circumstances changes. The adjustment is either
diperlakukan sebagai pengurangan goodwill treated as a reduction in goodwill (as long as it does
(selama tidak melebihi goodwill) jika terjadi selama not exceed goodwill) if it was incurred during the
periode pengukuran atau diakui dalam laba rugi. measurement period or recognised in profit or loss.
Page 659
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/28 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
p. Perpajakan (lanjutan) p. Taxation (continued)
Grup melakukan saling hapus aset pajak The Group offsets deferred tax assets and
tangguhan dan liabilitas pajak tangguhan jika deferred tax liabilities if and only if it has a legally
dan hanya jika memiliki hak yang berkekuatan enforceable right to set off current tax assets and
hukum untuk saling hapus aset pajak kini dan current tax liabilities and the deferred tax assets
liabilitas pajak kini dan aset pajak tangguhan and deferred tax liabilities relate to income taxes
dan liabilitas pajak tangguhan terkait dengan levied by the same taxation authority on either
pajak penghasilan yang dikenakan oleh otoritas the same taxable entity or different taxable
perpajakan yang sama atas baik entitas kena entities which intend either to settle current tax
pajak yang sama atau entitas kena pajak yang liabilities and assets on a net basis or to realise
berbeda yang bermaksud untuk menyelesaikan the assets and settle the liabilities
liabilitas dan aset pajak kini secara neto, atau simultaneously, in each future period in which
untuk merealisasikan aset dan menyelesaikan significant amounts of deferred tax liabilities or
liabilitas secara bersamaan, pada setiap periode assets are expected to be settled or recovered.
masa depan di mana jumlah liabilitas atau aset
pajak tangguhan yang signifikan diharapkan
untuk diselesaikan atau dipulihkan.
q. Penurunan nilai aset non-keuangan q. Impairment of non-financial assets
Pada setiap tanggal pelaporan, Grup menilai The Group assesses at the each reporting date
apakah terdapat indikasi suatu aset mengalami whether there is an indication that an asset may
penurunan nilai. Jika terdapat indikasi tersebut be impaired. If any such indication exists or when
atau pada saat pengujian penurunan nilai aset annual impairment testing for an asset is
diperlukan, maka Grup membuat estimasi formal required, the Group makes an estimate of the
jumlah terpulihkan aset tersebut. asset’s recoverable amount.
Jumlah terpulihkan yang ditentukan untuk aset An asset’s recoverable amount is the higher of
individual adalah jumlah yang lebih tinggi antara an asset’s or Cash Generating Unit (“CGU’s”)
nilai wajar aset atau Unit Penghasil Kas (“UPK”) fair value less costs to sell and its value in use,
dikurangi biaya untuk menjual dengan nilai and is determined for an individual asset, unless
pakainya, kecuali aset tersebut tidak the asset does not generate cash inflows that are
menghasilkan arus kas masuk yang sebagian largely independent of those from other assets
besar independen dari aset atau kelompok aset or groups of assets. Where the carrying amount
lain. Jika nilai tercatat aset atau UPK lebih besar of an asset or CGU exceeds its recoverable
daripada jumlah terpulihkannya, maka aset amount, the asset is considered impaired and is
tersebut dipertimbangkan mengalami written down to its recoverable amount.
penurunan nilai dan nilai tercatat aset diturunkan
menjadi sebesar jumlah terpulihkannya
Grup mendasarkan perhitungan penurunan nilai The Group bases its impairment calculation on
pada rincian perhitungan anggaran atau detailed budgets and forecast calculations which
prakiraan yang disusun secara terpisah untuk are prepared separately for each of the Group’s
masing-masing UPK Grup atas aset individual CGUs to which the individual assets are
yang dialokasikan. Perhitungan anggaran dan allocated. These budgets and forecast
prakiraan ini secara umum mencakup periode calculations are generally covering a period of
kontrak terkait. Setelah periode yang each contract. Beyond the forecasted period, the
dianggarkan proyeksi arus kas diestimasi estimated cash flows are determined by
dengan melakukan ekstrapolasi proyeksi yang extrapolating the forecasted cash flows using a
dianggarkan dengan menggunakan tingkat long term growth rate.
pertumbuhan jangka panjang.
Page 660
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/29 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
q. Penurunan nilai aset non-keuangan (lanjutan) q. Impairment of non-financial assets
(continued)
Dalam menghitung nilai pakai, estimasi arus kas In assessing the value in use, the estimated net
masa depan neto didiskontokan ke nilai kini future cash flows are discounted to their present
dengan menggunakan tingkat diskonto sebelum value using a pre-tax discount rate that reflects
pajak yang menggambarkan penilaian pasar kini current market assessments of the time value of
dari nilai waktu uang dan risiko spesifik atas money and the risks specific to the asset.
aset.
Kerugian penurunan nilai dari operasi yang Impairment losses of continuing operations, if
berkelanjutan, jika ada, diakui pada laba rugi any, are recognized in the profit or loss in those
sesuai dengan kategori biaya yang konsisten expense categories consistent with the functions
dengan fungsi dari aset yang diturunkan of the impaired asset.
nilainya.
Penilaian dilakukan pada akhir setiap tanggal Assessment is made at each reporting date as
pelaporan apakah terdapat indikasi bahwa rugi to whether there is any indication that previously
penurunan nilai yang telah diakui dalam tahun recognized impairment losses may no longer
sebelumnya mungkin tidak ada lagi atau exist or may have decreased. If such indication
mungkin telah menurun. Jika indikasi dimaksud exists, the asset’s or CGU’s recoverable amount
ditemukan, maka entitas mengestimasi jumlah is estimated. A previously recognized
terpulihkan aset atau UPK tersebut. Kerugian impairment loss is reversed only if there has
penurunan nilai yang telah diakui dalam tahun been a change in the assumptions used to
sebelumnya dibalik hanya jika terdapat determine the asset’s recoverable amount since
perubahan asumsi-asumsi yang digunakan the last impairment loss was recognized. If that
untuk menentukan jumlah terpulihkan aset is the case, the carrying amount of the asset is
tersebut sejak rugi penurunan nilai terakhir increased to its recoverable amount. The
diakui. Dalam hal ini, jumlah tercatat aset reversal is limited so that the carrying amount of
dinaikkan ke jumlah terpulihkannya. Pembalikan the assets does not exceed its recoverable
tersebut dibatasi sehingga jumlah tercatat aset amount, nor exceed the carrying amount that
tidak melebihi jumlah terpulihkannya maupun would have been determined, net of
jumlah tercatat, neto setelah penyusutan, depreciation, had no impairment loss been
seandainya tidak ada rugi penurunan nilai yang recognized for the asset in prior periods/years.
telah diakui untuk aset tersebut pada Reversal of an impairment loss is recognized in
peride/tahun sebelumnya. Pembalikan rugi the profit or loss. After such a reversal, the
penurunan nilai diakui pada laba rugi. Setelah depreciation charge on the said asset is adjusted
pembalikan tersebut, penyusutan aset tersebut in future periods to allocate the asset’s revised
disesuaikan di periode mendatang untuk carrying amount, less any residual value, on a
mengalokasikan jumlah tercatat aset yang systematic basis over its remaining useful life.
direvisi, dikurangi nilai sisanya, dengan dasar
yang sistematis selama sisa umur manfaatnya.
Page 661
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/30 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
r. Instrumen keuangan r. Financial instruments
Instrumen keuangan adalah setiap kontrak yang A financial instrument is any contract that gives
menambah nilai aset keuangan bagi satu entitas rise to a financial asset of one entity and a
dan liabilitas keuangan atau ekuitas bagi entitas financial liability or equity instrument of another
lain. entity.
Aset keuangan Financial assets
Pengakuan awal dan pengukuran awal Initial recognition and measurement
Pada pengakuan awal, Grup mengukur aset At initial recognition, the Group measures a
keuangan pada nilai wajarnya ditambah biaya financial asset at its fair value plus transaction
transaksi, dalam hal aset keuangan tidak diukur costs, in the case of a financial asset not at fair
pada nilai wajar melalui laba rugi (“NWLR”). value through profit or loss (“FVTPL”).
Piutang usaha
Agar aset keuangan diklasifikasikan dan diukur In order for a financial asset to be classified and
pada biaya perolehan diamortisasi atau measured at amortized cost or FVOCI, it needs to
NWPKL, aset keuangan harus menghasilkan give rise to cash flows that are ‘solely payments
arus kas yang semata dari pembayaran pokok of principal and interest (“SPPI”)’ on the principal
dan bunga (“SPPB”) dari jumlah pokok terutang. amount outstanding. This assessment is referred
Penilaian ini disebut sebagai uji SPPB dan to as the SPPI test and is performed at an
dilakukan pada tingkat instrumen instrument level.
Model bisnis Grup untuk mengelola aset The Group’s business model for managing
keuangan mengacu pada bagaimana mereka financial assets refers to how it manages its
mengelola aset keuangannya untuk financial assets in order to generate cash flows.
menghasilkan arus kas. Model bisnis The business model determines whether cash
menentukan apakah arus kas akan dihasilkan flows will result from collecting contractual cash
dari penerimaan arus kas kontraktual, penjualan flows, selling the financial assets, or both.
aset keuangan, atau keduanya.
Pengukuran selanjutnya Subsequent measurement
Untuk tujuan pengukuran selanjutnya, aset For purposes of subsequent measurement,
keuangan diklasifikasikan dalam empat financial assets are classified in four categories:
kategori:
Aset keuangan pada biaya perolehan Financial assets at amortized cost (debt
diamortisasi (instrumen utang), instruments),
Aset keuangan pada NWPKL dengan Financial assets at FVOCI with recycling of
pendauran laba dan rugi kumulatif cumulative gains and losses (debt
(instrumen utang), instruments),
Aset keuangan pada NWPKL tanpa Financial assets designated at FVOCI with
pendauran laba dan rugi kumulatif setelah no recycling of cumulative gains and losses
penghentian pengakuan (instrumen upon derecognition (equity instruments),
ekuitas), dan and
Nilai wajar melalui laba rugi (NWLR). Fair value through profit or loss (FVTPL).
Pengukuran selanjutnya dari aset keuangan The subsequent measurement of financial assets
tergantung kepada klasifikasi masing-masing depends on their classification as described
aset keuangan seperti berikut ini: below:
Page 662
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/31 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
r. Instrumen keuangan (lanjutan) r. Financial instruments (continued)
Aset keuangan (lanjutan) Financial assets (continued)
Pengukuran selanjutnya (lanjutan) Subsequent measurement (continued)
Aset keuangan pada biaya perolehan Financial assets at amortized cost (debt
diamortisasi (instrumen utang) instruments)
Grup mengukur aset keuangan pada biaya The Group measures financial assets at
perolehan diamortisasi jika kedua kondisi berikut amortized cost if both of the following conditions
terpenuhi: are met:
Aset keuangan dimiliki dalam model bisnis The financial asset is held within a business
dengan tujuan untuk memiliki aset model with the objective to hold financial
keuangan dalam rangka mendapatkan assets in order to collect contractual cash
arus kas kontraktual, dan flows, and
Persyaratan kontraktual dari aset The contractual terms of the financial asset
keuangan menghasilkan arus kas pada give rise on specified dates to cash flows
tanggal tertentu yang merupakan SPPB that are SPPI on the principal amount
dari jumlah pokok terutang. outstanding.
Aset keuangan yang diukur pada biaya Financial assets at amortized cost are
perolehan diamortisasi selanjutnya diukur subsequently measured using the effective
dengan menggunakan metode suku bunga interest (“EIR”) method and are subject to
efektif (“SBE”) dan menjadi subjek penurunan impairment. Gains and losses are recognized in
nilai. Keuntungan dan kerugian diakui dalam profit or loss when the asset is derecognized,
laba rugi pada saat aset dihentikan modified or impaired.
pengakuannya, dimodifikasi atau diturunkan
nilainya.
Aset keuangan Grup yang diukur pada biaya The Group’s financial assets at amortized cost
perolehan diamortisasi termasuk kas dan setara includes cash and cash equivalents, restricted
kas, kas yang dibatasi penggunaannya, piutang cash, trade and other receivables.
usaha dan piutang lain-lain.
Aset keuangan pada NWPKL dengan Financial assets at FVOCI with recycling of
pendauran laba dan rugi kumulatif (instrumen cumulative gains and losses (debt instruments)
utang)
Untuk instrumen utang yang diukur pada For debt instruments at FVOCI, interest income,
NWPKL, pendapatan bunga, revaluasi mata foreign exchange revaluation and impairment
uang asing dan kerugian penurunan nilai atau losses or reversals are recognized in the
pembalikan diakui dalam laporan laba rugi dan statement of profit or loss and computed in the
dihitung dengan cara yang sama seperti untuk same manner as for financial assets measured
aset keuangan yang diukur pada biaya at amortized cost. The remaining fair value
perolehan diamortisasi. Perubahan nilai wajar changes are recognized in OCI. Upon
yang tersisa diakui di PKL. Pada saat derecognition, the cumulative fair value change
penghentian pengakuan, perubahan nilai wajar recognized in OCI is recycled to profit or loss.
kumulatif yang diakui di PKL direklasifikasi ke
laba rugi.
Grup tidak memiliki instrumen utang yang diukur The Group does not have debt instruments at
pada NWPKL. FVOCI.
Page 663
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/32 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
r. Instrumen keuangan (lanjutan) r. Financial instruments (continued)
Aset keuangan (lanjutan) Financial assets (continued)
Pengukuran selanjutnya (lanjutan) Subsequent measurement (continued)
Aset keuangan pada NWPKL tanpa pendauran Financial assets designated at FVOCI with no
laba dan rugi kumulatif setelah penghentian recycling of cumulative gains and losses upon
pengakuan (instrumen ekuitas) derecognition (equity instruments)
Pada pengakuan awal, Grup dapat memilih Upon initial recognition, the Group can elect to
untuk menetapkan klasifikasi yang tidak dapat classify irrevocably its investments in equity
dikembalikan atas investasi pada instrumen instruments at FVOCI when they meet the
ekuitas sebagai NWPKL jika memenuhi definisi definition of equity under PSAK 232: Financial
ekuitas sesuai PSAK 232: Instrumen keuangan: instruments: Presentation and are not held for
Penyajian dan tidak dimiliki untuk trading. The classification is determined on an
diperdagangkan. Klasifikasi ditentukan atas instrument-by-instrument basis.
basis instrumen per instrumen.
Keuntungan dan kerugian atas aset keuangan Gains and losses on these financial assets are
ini tidak pernah didaur ke laba rugi, dan aset never recycled to profit or loss, and these
keuangan ini tidak menjadi subjek penurunan financial assets are not subject to impairment
nilai. Dividen diakui sebagai penghasilan lain- assessment. Dividends are recognized as other
lain dalam laba rugi pada saat hak atas income in the profit or loss when the right of
pembayaran telah ditetapkan. payment has been established.
Grup memilih untuk mengklasifikasi secara The Group elected to classify irrevocably its
takterbatalkan investasi ekuitas pada Grup equity investments in Pertamina Group under this
Pertamina masuk dalam kategori ini category.
Aset Keuangan pada nilai wajar melalui laba rugi Financial assets at fair value through profit or
(“NWLR”) loss (“FVTPL”)
Aset keuangan pada NWLR tercatat dalam Financial assets at FVTPL are carried in the
laporan posisi keuangan pada nilai wajar statement of financial position at fair value with
dengan perubahan neto nilai wajar yang diakui net changes in fair value recognized in the
dalam laporan laba rugi. statement of profit or loss.
Grup tidak memiliki aset keuangan yang diukur The Group does not have financial assets at
pada NWLR. FVTPL.
Page 664
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/33 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
r. Instrumen keuangan (lanjutan) r. Financial instruments (continued)
Aset keuangan (lanjutan) Financial assets (continued)
Penghentian pengakuan Derecognition
Aset keuangan (atau, sesuai dengan A financial asset (or, where applicable, a part of a
kondisinya, bagian dari aset keuangan atau financial asset or part of a group of similar
bagian dari kelompok aset keuangan serupa) financial assets) is primarily derecognized (i.e.,
terutama dihentikan pengakuannya (yaitu, removed from the Group’s consolidated
dihapuskan dari laporan posisi keuangan statement of financial position) when:
konsolidasian Grup) ketika:
Hak untuk menerima arus kas dari aset The rights to receive cash flows from the
telah berakhir; asset have expired;
Atau Or
Grup telah mengalihkan haknya untuk The Group has transferred its rights to
menerima arus kas dari aset atau receive cash flows from the asset or has
menanggung kewajiban untuk membayar assumed an obligation to pay the received
arus kas yang diterima tersebut secara cash flows in full without material delay to a
penuh tanpa penundaan yang material third party under a ‘pass-through’
kepada pihak ketiga berdasarkan arrangement; and either (a) the Group has
kesepakatan ‘pass-through’, dan salah transferred substantially all the risks and
satu dari (a) Grup telah mengalihkan rewards of the asset, or (b) the Group has
secara substansial seluruh risiko dan neither transferred nor retained
manfaat atas aset, atau (b) Grup tidak substantially all the risks and rewards of the
mengalihkan maupun tidak memiliki asset, but has transferred control of the
secara substansial atas seluruh risiko dan asset.
manfaat atas aset, tetapi telah
mengalihkan kendali atas aset
Liabilitas keuangan Financial liabilities
Pengakuan dan pengukuran awal Initial recognition and measurement
Liabilitas keuangan diklasifikasikan, pada Financial liabilities are classified, at initial
pengakuan awal, sebagai liabilitas keuangan recognition, as financial liabilities at FVTPL, loans
yang diukur pada NWLR, utang dan pinjaman and borrowings, or as derivatives designated as
atau derivatif ditetapkan sebagai instrumen hedging instruments in an effective hedge, as
lindung nilai pada lindung nilai yang efektif, appropriate.
sesuai dengan kondisinya.
Semua liabilitas keuangan diakui pada nilai All financial liabilities are recognized initially at
wajar saat pengakuan awal dan, dalam hal fair value and, in the case of loans and
liabilitas keuangan dilklasifikasi sebagai utang borrowings and payables, net of directly
dan pinjaman, diakui pada nilai wajar setelah attributable transaction costs.
dikurangi biaya transaksi yang dapat
diatribusikan secara langsung.
Grup menetapkan liabilitas keuangannya The Group designates its financial liabilities as
sebagai utang dan pinjaman, seperti utang loans and borrowings, such as trade and other
usaha dan lain-lain, utang obligasi, pinjaman payables, bond payable, long term loan related
jangka panjang pihak berelasi, biaya masih party, accrued expense and lease liability.
harus dibayar dan liabilitas sewa
Page 665
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/34 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
r. Instrumen keuangan (lanjutan) r. Financial instruments (continued)
Liabilitas keuangan (lanjutan) Financial liabilities (continued)
Pengukuran selanjutnya Subsequent measurement
Liabilitas keuangan pada NWLR Financial liabilities at FVTPL
Liabilitas keuangan yang diukur pada NWLR Financial liabilities at FVTPL include financial
mencakup liabilitas keuangan yang dimiliki liabilities held for trading and financial liabilities
untuk diperdagangkan dan liabilitas keuangan designated upon initial recognition as at FVTPL.
yang diukur pada NWLR yang ditetapkan saat
pengakuan awal.
Liabilitas keuangan diklasifikasikan sebagai Financial liabilities are classified as held for
dimiliki untuk diperdagangkan, jika liabilitas trading if they are incurred for the purpose of
keuangan tersebut diperoleh untuk tujuan dibeli repurchasing in the near term.
kembali dalam waktu dekat.
Liabilitas keuangan yang diukur pada NWLR Financial liabilities designated upon initial
yang ditetapkan saat pengakuan awal harus recognition at FVTPL are designated at the initial
memenuhi kriteria dalam PSAK 109 dan date of recognition, and only if the criteria in
ditetapkan pada tanggal pengakuan awal. Grup PSAK 109 are satisfied. The Group has not
tidak menetapkan liabilitas keuangan apapun designated any financial liability as at FVTPL.
sebagai liabilitas yang diukur pada NWLR.
Liabilitas keuangan pada biaya perolehan Financial liabilities at amortized cost (loan
diamortisasi (utang dan pinjaman) borrowings)
i) Utang dan pinjaman jangka panjang i) Long-term interest-bearing loans and
yang dikenakan bunga borrowings
Setelah pengakuan awal, utang dan Subsequent to initial recognition, long-
pinjaman jangka panjang yang berbunga term interest-bearing loans and
diukur pada biaya perolehan yang borrowings are measured at amortized
diamortisasi dengan menggunakan acquisition costs using EIR method. At
metode SBE. Pada tanggal pelaporan, the reporting dates, accrued interest is
biaya bunga yang masih harus dibayar recorded separately from the associated
dicatat secara terpisah, dari pokok borrowings within the current liabilities
pinjaman terkait, dalam bagian liabilitas section. Gains and losses are
jangka pendek. Keuntungan dan recognized in the profit or loss when the
kerugian diakui pada laba rugi ketika liabilities are derecognized as well as
liabilitas dihentikan pengakuannya through the EIR amortization process.
maupun melalui proses amortisasi
menggunakan metode SBE.
Biaya amortisasi dihitung dengan Amortized cost is calculated by taking
mempertimbangkan setiap diskonto atau into account any discount or premium on
premium atas akusisi dan komisi atau acquisition and fees or costs that are an
biaya yang merupakan bagian tidak integral part of the EIR. The EIR
terpisahkan dari SBE. Amortisasi SBE amortization is included in finance costs
dicatat sebagai beban keuangan pada in the profit or loss.
laba rugi.
Page 666
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/35 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
r. Instrumen keuangan (lanjutan) r. Financial instruments (continued)
Liabilitas keuangan (lanjutan) Financial liabilities (continued)
Pengukuran selanjutnya (lanjutan) Subsequent measurement (continued)
Liabilitas keuangan pada biaya perolehan Financial liabilities at amortized cost (loan
diamortisasi (utang dan pinjaman) (lanjutan) borrowings) (continued)
ii) Utang dan akrual ii) Payables and accruals
Liabilitas untuk utang usaha, utang lain-lain Liabilities for trade payables, other payables
dan biaya masih harus dibayar dinyatakan and accrued expenses are stated at carrying
sebesar jumlah tercatat (jumlah nosional), amounts (notional amounts), which
yang kurang lebih sebesar nilai wajarnya. approximate their fair values.
Penghentian pengakuan Derecognition
Suatu liabilitas keuangan dihentikan A financial liability is derecognized when the
pengakuannya pada saat kewajiban yang obligation under the contract is discharged or
ditetapkan dalam kontrak berakhir atau cancelled or expires.
dibatalkan atau kedaluwarsa.
Ketika sebuah liabilitas keuangan ditukar When an existing financial liability is replaced by
dengan liabilitas keuangan lain dari pemberi another from the same lender on substantially
pinjaman yang sama atas persyaratan yang different terms, or the terms of an existing liability
secara substansial berbeda, atau bila are substantially modified, such an exchange or
persyaratan dari liabilitas keuangan tersebut modification is treated as derecognition of the
secara substansial dimodifikasi, pertukaran atau original liability and recognition of a new liability,
modifikasi persyaratan tersebut dicatat sebagai and the difference in the respective carrying
penghentian pengakuan liabilitas keuangan amounts is recognized in the profit or loss
orisinal dan pengakuan liabilitas keuangan baru,
dan selisih antara nilai tercatat masing-masing
liabilitas keuangan tersebut diakui pada laba
rugi.
Saling hapus instrument keuangan Offsetting of financial instruments
Aset keuangan dan liabilitas keuangan disaling Financial assets and financial liabilities are offset,
hapuskan dan nilai netonya disajikan dalam and the net amount reported in the consolidated
laporan posisi keuangan konsolidasian jika, dan statement of financial position if, and only if, there
hanya jika, terdapat hak secara hukum untuk is a currently enforceable legal right to offset the
melakukan saling hapus atas jumlah tercatat recognized amounts and there is an intention to
dari aset keuangan dan liabilitas keuangan settle on a net basis, or to realize the assets and
tersebut dan terdapat intensi untuk settle the liabilities simultaneously.
menyelesaikan secara neto, atau untuk
merealisasikan aset dan menyelesaikan
liabilitas secara bersamaan.
Page 667
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/36 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
r. Instrumen keuangan (lanjutan) r. Financial instruments (continued)
Pengukuran nilai wajar Fair value measurement
Grup mengukur pada pengakuan awal The Group initially measures financial
instrumen keuangan pada nilai wajar, dan aset instruments at fair value, as well as the assets
dan liabilitas yang diakuisisi pada kombinasi and liabilities of the acquirees, based on
bisnis. Grup juga mengukur jumlah terpulihkan business combinations. It also measures
dari UPK tertentu berdasarkan nilai wajar specific recoverable amounts of the CGU using
dikurangi biaya pelepasan. fair value less cost of disposal (“FVLCD”).
Nilai wajar adalah harga yang akan diterima dari Fair value is the price that would be received to
menjual suatu aset atau harga yang akan sell an asset or paid to transfer a liability in an
dibayar untuk mengalihkan suatu liabilitas orderly transaction between market participants
dalam transaksi teratur antara pelaku pasar at the measurement date. The fair value
pada tanggal pengukuran. Pengukuran nilai measurement is based on the presumption that
wajar mengasumsikan bahwa transaksi untuk the transaction to sell the asset or transfer the
menjual aset atau mengalihkan liabilitas terjadi: liability takes place either:
i) Di pasar utama untuk aset atau liabilitas i) In the principal market for the asset or
tersebut, atau liability, or
ii) Jika tidak terdapat pasar utama, di pasar ii) In the absence of a principal market, in the
yang paling menguntungkan untuk aset atau most advantageous market for the asset or
liabilitas tersebut. liability.
Pasar utama atau pasar yang paling The principal or the most advantageous market
menguntungkan tersebut harus dapat diakses must be accessible to the Group.
oleh Grup.
Nilai wajar dari aset atau liabilitas diukur dengan The fair value of an asset or a liability is measured
menggunakan asumsi yang akan digunakan using the assumptions that market participants
pelaku pasar ketika menentukan harga aset would use when pricing the asset or liability,
atau liabilitas tersebut, dengan asumsi bahwa assuming that market participants act in their
pelaku pasar bertindak dalam kepentingan economic best interest.
ekonomi terbaiknya.
Pengukuran nilai wajar dari suatu aset A fair value measurement of a non-financial
nonkeuangan memperhitungkan kemampuan asset takes into account a market participant's
pelaku pasar untuk menghasilkan manfaat ability to generate economic benefits by using
ekonomik dengan menggunakan aset dalam the asset in its highest and best use or by selling
penggunaan tertinggi dan terbaiknya atau it to another market participant that would use
dengan menjualnya kepada pelaku pasar lain the asset in its highest and best use.
yang akan menggunakan aset tersebut pada
penggunaan tertinggi dan terbaiknya.
Grup menggunakan teknik penilaian yang The Group uses valuation techniques that are
sesuai dengan keadaan dan data yang appropriate in the circumstances and for which
memadai tersedia untuk mengukur nilai wajar, sufficient data are available to measure fair value,
dengan memaksimalkan masukan (input) yang maximizing the use of relevant observable inputs
dapat diamati (observable) yang relevan dan and minimizing the use of unobservable inputs.
meminimalkan masukan (input) yang tidak
dapat diamati (unobservable).
Page 668
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/37 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
s. Penurunan nilai dari aset keuangan s. Impairment of financial assets
i. Aset yang dicatat berdasarkan biaya i. Assets carried at amortized cost
perolehan diamortisasi
Grup menilai dengan dasar perkiraan masa The Group assesses on a forward-looking
yang akan datang kerugian kredit basis the expected credit losses (“ECL”)
ekspektasian (“ECL”) terkait dengan associated with its debt instruments carried
instrumen utangnya yang dicatat pada at amortised cost, fair value through profit or
biaya perolehan diamortisasi, nilai wajar loss (“FVTPL”) and fair value through other
melalui laba rugi (“FVTPL”) dan nilai wajar comprehensive income (“FVOCI”). The
melalui penghasilan komprehensif lain impairment methodology applied depends
(“FVOCI”). Metodologi penurunan nilai yang on whether there has been a significant
diterapkan tergantung pada apakah telah increase in credit risk. Note 30.I.b details
terjadi peningkatan risiko kredit yang how the group determines whether there
signifikan. Catatan 30.I.b merinci has been a substantial increase in credit
bagaimana grup menentukan apakah telah risk.
terjadi peningkatan risiko kredit yang
signifikan.
Untuk piutang dagang, Grup menerapkan For trade receivables, the Group applies the
pendekatan yang disederhanakan yang simplified approach permitted by PSAK 109,
diizinkan oleh PSAK 109, yang which requires expected lifetime losses to
mensyaratkan kerugian seumur hidup yang be recognised from the receivables initial
diharapkan harus diakui dari pengakuan recognition.
awal piutang.
Jika terdapat bukti objektif bahwa kerugian Suppose there is objective evidence that an
penurunan niIai telah terjadi, maka jumlah impairment loss has occurred; the amount
kerugian tersebut diukur sebesar selisih of loss is measured as the difference
nilai tercatat aset dengan nilai kini estimasi between the asset’s carrying amount and
arus kas masa depan (tidak termasuk the present value of estimated future cash
kerugian kredit di masa depan yang belum flows (excluding future credit losses that
terjadi) yang didiskonto dengan have not been incurred) discounted at the
menggunakan suku bunga efektif awal dari financial asset’s original effective interest
aset tersebut. Nilai tercatat aset tersebut rate. The asset's carrying amount is directly
dikurangi, baik secara langsung maupun reduced or through a provision account. The
menggunakan pos provisi. Jumlah kerugian amount of the loss is recognised in the profit
yang terjadi diakui pada laporan laba rugi. or loss.
Jika, pada periode berikutnya, jumlah If, in a subsequent period, the amount of the
kerugian penurunan nilai berkurang dan impairment loss decreases and the
pengurangan tersebut dapat dikaitkan decrease can be related objectively to an
secara objektif dengan peristiwa yang event occurring after the impairment was
terjadi setelah penurunan nilai diakui recognised (such as an improvement in the
(seperti meningkatnya peringkat kredit debtor’s credit rating), the previously
debitur), maka kerugian penurunan nilai recognised impairment loss will be reversed
yang sebelumnya diakui akan dipulihkan, either directly or by adjusting the provision
baik secara langsung, atau dengan account. The reversal amount is recognised
menyesuaikan pos provisinya. Jumlah in the profit or loss and cannot exceed what
pemulihan tersebut diakui pada laporan the amortised cost would have been had the
laba-rugi dan jumlahnya tidak boleh impairment not been recognized when the
mengakibatkan nilai tercatat aset keuangan impairment was reversed.
melebihi biaya perolehan diamortisasi pada
tanggal pemulihan dilakukan seandainya
tidak ada penurunan nilai.
Page 669
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/38 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
t. Informasi segmen t. Segment information
Segmen adalah komponen Grup yang dapat A segment is a distinguishable component of the
dibedakan dalam kegiatan operasional Grup Group that is engaged either in the Group’s
(segmen usaha), atau dalam pembagian lokasi operational activities (operating segment) or in
geografis dimana Grup melakukan kegiatan the classification of geographical locations
operasional (segmen geografis), yang where the Group conducts operational activities
merupakan subyek yang mempunyai risiko dan (geographic segment), which is subject to risks
manfaat yang berbeda dari segmen lainnya. and rewards that are different from those of other
segments.
Segmen pendapatan, beban, hasil, aset dan Segment revenue, expenses, results, assets,
liabilitas termasuk hal-hal yang dapat and liabilities include items directly attributable to
diatribusikan secara langsung terhadap sebuah a segment and those that can be allocated
segmen dan juga yang dapat dialokasikan pada reasonably to that segment.
dasar yang wajar pada segmen tersebut.
Untuk tujuan manajemen, Grup dibagi menjadi For management purposes, the Group is
segmen operasi berdasarkan pembagian lokasi organized into operating segments based on the
geografis dari kegiatan operasional Grup yang classification of geographical locations where
dikelola secara independen oleh masing-masing the Group conducts operational activities. The
pengelola segmen yang bertanggung jawab atas respective segment managers are
kinerja dari masing-masing segmen. independently managed and responsible for the
performance of the respective segments under
their charge.
Para pengelola segmen melaporkan secara The segment managers report directly to
langsung kepada manajemen yang secara management, who regularly review the segment
teratur mengkaji laba segmen sebagai dasar results to allocate resources to the segments
untuk mengalokasikan sumber daya ke masing- and assess their performance. Note 32 provides
masing segmen dan untuk menilai kinerja additional disclosures on each segment,
segmen. Pengungkapan tambahan pada including the factors used to identify the
masing-masing segmen terdapat dalam Catatan reportable segments and the measurement
32, termasuk faktor yang digunakan untuk basis of segment information.
mengidentifikasi segmen yang dilaporkan dan
dasar pengukuran informasi segmen.
u. Dividen tunai u. Cash dividends
Perusahaan mengakui liabilitas untuk The Company recognises a liability to pay
membayar dividen ketika distribusi telah a dividend when the distribution is authorised,
disetujui, dan distribusi tidak lagi atas and the distribution is no longer at the
kebijaksanaan Perusahaan. Sesuai dengan discretion of the Company. As per the
hukum perusahaan di Indonesia, distribusi corporate laws of Indonesia, a distribution is
diperbolehkan jika disetujui oleh pemegang permitted when the shareholders approve it. A
saham. Jumlah yang sesuai diakui secara corresponding amount is recognised directly in
langsung dalam ekuitas. equity.
Page 670
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/39 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
v. Tambahan modal disetor v. Additional paid-in capital
Tambahan modal disetor diakui pada saat Grup Additional paid-in capital is recognised when the
menerima setoran berupa kas atau aset non-kas Group receives a transfer of cash or non-cash
dari pemegang saham. Selisih nilai transaksi assets from the shareholders. The difference in
restrukturisasi entitas sepengendali juga dicatat the value of restructuring transactions between
di akun ini. Tambahan modal disetor ini disajikan entities under common control is also recorded
sebagai kelompok ekuitas pada laporan posisi in this account. Additional paid-in capital is
keuangan. presented as equity in the statement of financial
position.
w. Bonus produksi w. Production bonus
Sesuai dengan Peraturan Pemerintah No. 28 In accordance with Government Regulation
Tahun 2016, Grup sebagai pengusaha panas No. 28 of 2016, the Group, as a geothermal
bumi berkewajiban membayar bonus produksi producer, is obliged to pay a production bonus to
kepada pemerintah daerah di mana wilayah the regional government where the geothermal
kerja panas bumi berada. Bonus produksi working area is located. The production bonus is
dikenakan sebesar 1% atas pendapatan kotor charged at 1% of gross revenue from the sale of
dari penjualan uap panas bumi dan 0,5% atas geothermal steam and 0.5% of gross revenue
pendapatan kotor dari penjualan listrik. from the sale of electricity. The production bonus
Perhitungan bonus produksi dari pemegang Izin calculation from the Geothermal Permit holders
Panas Bumi dilakukan secara tahunan, is made annually, while the production bonus
sedangkan perhitungan dari pemegang kuasa calculation from the holders of geothermal
pengusahaan sumber daya panas bumi, resource exploitation authority, the JOC
pemegang KOB, dan pemegang izin contractors, and the holders of the geothermal
pengusahaan sumber daya panas bumi resource exploitation license every quarter.
dilakukan secara triwulanan.
Bonus produksi yang telah dibayarkan tersebut The paid production bonus is reimbursable from
diberikan penggantian dari setoran bagian the Government’s portion of the operating
Pemerintah (Catatan 3p). Penggantian tersebut income (Note 3p). The reimbursement will be
akan dilakukan oleh Pemerintah setelah made by the Government after the geothermal
pengusaha panas bumi membayar setoran producer paid such Government’s portion.
bagian Pemerintah.
x. Laba per saham x. Earnings per share
Laba per saham dihitung berdasarkan rata-rata Earnings per share is calculated based on the
tertimbang jumlah saham yang yang beredar weighted average number of issued and fully
selama periode yang bersangkutan. paid shares during the period.
Apabila jumlah saham biasa yang beredar If the number of ordinary shares outstanding is
meningkat tanpa disertai peningkatan sumber increased without an increase in resources, the
daya, maka jumlah saham biasa yang beredar number of ordinary shares outstanding before
sebelum peristiwa tersebut disesuaikan dengan the event is adjusted the proportionate change in
perubahan proporsional atas jumlah saham the number of ordinary shares outstanding
beredar seolah-olah peristiwa tersebut terjadi before the event is adjusted for the proportionate
pada permulaan dari periode sajian paling awal. change in the number of ordinary shares
outstanding as if the event had occurred at the
beginning of the earliest period presented.
Page 671
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/40 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
y. Kompensasi berbasis saham y. Shared-based payments
Grup memberikan Management and Employee The Group granted directors and key employees
Stock Option Program ("MESOP") dengan harga a Management and Employee Stock Option
dan periode vesting yang telah ditetapkan Program ("MESOP") based on specific criteria at
kepada manajemen dan karyawan berdasarkan a predetermined price and vesting period.
kriteria tertentu.
Transaksi kompensasi berbasis saham yang Equity-settled share-based payment
diselesaikan dengan instrumen ekuitas transactions
Biaya transaksi yang diselesaikan dengan The cost of equity-settled transactions is
ekuitas ditentukan oleh nilai wajar pada tanggal determined by the fair value at the date when the
pemberian dibuat menggunakan model grant is made using an appropriate valuation
penilaian yang sesuai. model.
Biaya tersebut diakui sebagai beban imbalan That cost is recognised in employee benefits
kerja, bersama dengan peningkatan ekuitas expense and a corresponding increase in equity
(tambahan modal saham), selama periode (additional paid-in capital) over the period in
dimana layanan dan, jika ada, kondisi kinerja which the service and, where applicable, the
terpenuhi (periode vesting). Biaya kumulatif performance conditions are fulfilled (the vesting
yang diakui untuk transaksi yang diselesaikan period). The cumulative expense recognised for
secara ekuitas pada setiap tanggal pelaporan equity-settled transactions at each reporting
sampai tanggal vesting mencerminkan sejauh date until the vesting date reflects the extent to
mana periode vesting telah berakhir dan which the vesting period has expired and the
estimasi terbaik Grup tentang jumlah instrumen Group's best estimate of the number of equity
ekuitas yang pada akhirnya akan terutang. instruments that will ultimately vest. The
Beban atau kredit dalam laba rugi untuk suatu expense or credit in the statement of profit or loss
periode merupakan pergerakan dalam biaya for a period represents the movement in
kumulatif yang diakui pada awal dan akhir cumulative expense recognised at the beginning
periode tersebut. and end of that period.
Kondisi kinerja layanan dan bukan pasar tidak Service and non-market performance conditions
diperhitungkan ketika menentukan nilai wajar are not considered when determining the grant
saat pemberian penghargaan, tetapi date fair value of awards. Still, the likelihood of
kemungkinan kondisi yang dipenuhi dinilai the conditions being met is assessed as part of
sebagai bagian dari estimasi terbaik Grup the Group's best estimate of the number of
tentang jumlah instrumen ekuitas yang pada equity instruments that will ultimately vest.
akhirnya akan diberikan. Kondisi kinerja pasar Market performance conditions are reflected
tercermin dalam nilai wajar tanggal hibah. within the grant date fair value. Any other
Kondisi lain yang terkait dengan penghargaan, conditions attached to an award without an
tetapi tanpa persyaratan layanan terkait, associated service requirement are considered
dianggap sebagai kondisi non-vesting. Kondisi non-vesting. Non-vesting conditions are
non-vesting tercermin dalam nilai wajar dari reflected in the fair value of an award and lead to
penghargaan dan mengarah pada pembebasan an immediate expensing of an award unless
langsung dari penghargaan kecuali ada juga there are also service and/or performance
kondisi layanan dan/atau kinerja. conditions.
Page 672
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/41 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
y. Kompensasi berbasis saham (lanjutan) y. Share-based payments (continued)
Transaksi kompensasi berbasis saham yang Equity-settled share-based payment
diselesaikan dengan instrumen ekuitas transactions (continued)
(lanjutan)
Tidak ada biaya yang diakui untuk penghargaan No expense is recognised for awards that do not
yang pada akhirnya tidak diberikan karena ultimately vest because non-market
kinerja bukan pasar dan/atau kondisi layanan performance and/or service conditions have not
belum dipenuhi. Jika penghargaan termasuk been met. Where awards include a market or
kondisi pasar atau non-vesting, transaksi non-vesting condition, the transactions are
diperlakukan sebagai vested terlepas dari treated as vested irrespective of whether the
apakah kondisi pasar atau non-vesting market or non-vesting condition is satisfied,
dipenuhi, asalkan semua kinerja dan/atau provided all other performance and/or service
kondisi layanan lainnya dipenuhi. conditions are satisfied.
Ketika ketentuan penghargaan ekuitas- When the terms of an equity-settled award are
diselesaikan dimodifikasi, biaya minimum yang modified, the minimum expense recognised is
diakui adalah tanggal hibah nilai wajar dari the grant date fair value of the unmodified award,
penghargaan yang tidak dimodifikasi, asalkan provided the original terms of the award are met.
ketentuan asli dari penghargaan tersebut An additional cost, measured as at the date of
terpenuhi. Biaya tambahan, yang diukur pada modification, is recognised for any modification
tanggal modifikasi, diakui untuk setiap modifikasi that increases the total fair value of the share-
yang meningkatkan nilai wajar total transaksi based payment transaction or is otherwise
kompensasi berbasis saham, atau sebaliknya beneficial to the employee. Where the entity or
menguntungkan bagi karyawan. Jika suatu the counterparty cancels an award, any
putusan dibatalkan oleh entitas atau oleh pihak remaining element of the award's fair value is
lawan, elemen yang tersisa dari nilai wajar dari expensed immediately through profit or loss. In
penghargaan dibebankan langsung melalui laba the event that the employees and management
rugi. Dalam hal karyawan dan manajemen resign before the vesting period, then the option
melakukan pengunduran diri sebelum periode rights are void, and all equity that the Group has
vesting, maka hak opsi tersebut gugur dan recorded is cancelled.
seluruh ekuitas yang telah dicatat oleh Grup
dibatalkan.
Efek dilutif dari kompensasi berbasis saham The dilutive effect of share-based payments is
tercermin sebagai dilusi saham tambahan dalam reflected as additional share dilution in the
perhitungan laba per saham dilusian. computation of diluted earnings per share.
Page 673
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/42 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
z. Investasi pada ventura bersama z. Investment in joint venture
Ventura bersama merupakan pengaturan A joint venture is a joint arrangement in which the
bersama antara beberapa pihak yang parties that share joint control have rights to the
melakukan kesepakatan pengendalian bersama net assets of the arrangement. Joint ventures
yang memiliki hak atas aset neto pengaturan
are accounted for using the equity method after
tersebut. Ventura bersama dicatat
menggunakan metode ekuitas, setelah pada initially being recognised at cost in the statement
awalnya diakui sebagai biaya pada laporan of financial position.
posisi keuangan.
Metode ekuitas Equity method
Sesuai metode ekuitas, investasi pada awalnya Under the equity method, the investment is
dicatat pada biaya perolehan dan selanjutnya initially recognised at cost and adjusted
disesuaikan untuk mengakui bagian investor thereafter to recognise the investor's share of the
atas laba rugi pasca akuisisi dari investee atas investee's post-acquisition profits or losses in
laba rugi, dan bagiannya dalam pergerakan profit or loss and its share of the investee's
pendapatan komprehensif lainnya dari investee movements in other comprehensive income in
atas pendapatan komprehensif lainnya. other comprehensive income.
Jika bagian Grup atas kerugian ventura bersama When the Group’s share of losses in a joint
sama dengan atau melebihi kepentingannya venture equals or exceeds its interest in the joint
pada ventura bersama, Grup menghentikan venture, the Group does not recognise further
pengakuan bagian kerugiannya, kecuali Grup losses unless it has incurred legal or
memiliki kewajiban atau melakukan pembayaran constructive obligations or made payments on
atas nama ventura bersama. behalf of the joint venture.
Keuntungan yang belum terealisasi atas Unrealised gains on transactions between the
transaksi antara Grup dengan ventura bersama group and its joint ventures are eliminated to the
dieliminasi sebesar kepentingan Grup dalam extent of the Group’s interest in these joint
ventura bersama tersebut. Kerugian yang belum ventures. Unrealised losses are also eliminated
terealisasi juga dieliminasi kecuali transaksi unless the transaction provides evidence of an
tersebut memberikan bukti adanya penurunan impairment of the asset transferred. Accounting
nilai aset yang dialihkan. Kebijakan akuntansi policies of the joint ventures have been changed
ventura bersama telah diubah jika diperlukan where necessary to ensure consistency with the
untuk memastikan konsistensi dari kebijakan policies adopted by the Group.
yang diterapkan oleh Grup.
Dividen yang diterima dan yang akan diterima Dividends received or receivable from joint
dari ventura bersama diakui sebagai pengurang ventures are recognised as a reduction in the
jumlah tercatat investasi. carrying amount of the investment.
Pada setiap tanggal pelaporan, Grup The Group determines at each reporting date
menentukan apakah terdapat bukti objektif whether there is any objective evidence that the
bahwa telah terjadi penurunan nilai pada investment in the joint venture is impaired. If this
investasi pada ventura bersama. Jika demikian, is the case, the Group calculates the impairment
maka Grup menghitung besarnya penurunan as the difference between the recoverable
nilai sebagai selisih antara jumlah yang amount of the joint venture and its carrying
terpulihkan dan nilai tercatat atas investasi pada value. It recognises the amount in profit or loss.
ventura bersama dan mengakui selisih tersebut
pada laba rugi.
Page 674
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/43 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
3. IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI 3. SUMMARY OF MATERIAL ACCOUNTING
MATERIAL (lanjutan) POLICIES INFORMATION (continued)
z. Investasi pada ventura bersama (lanjutan) z. Investment in joint venture (continued)
Pelepasan Disposal
Investasi pada ventura bersama dihentikan Investment in a joint venture is derecognised
pengakuannya apabila Grup tidak lagi memiliki when the Group loses significant influence, and
pengaruh signifikan. Grup mengukur investasi any retained equity interest in the entity is
yang tersisa sebesar nilai wajar. Selisih antara remeasured at its fair value. The difference
jumlah tercatat investasi yang tersisa pada between the carrying amount of the retained
tanggal hilangnya pengaruh signifikan dan nilai interest at the date when significant influence is
wajarnya diakui dalam laba rugi. lost, and its fair value is recognised in profit or
loss.
Keuntungan dan kerugian yang timbul dari Gains and losses arising from partial disposals
pelepasan sebagian atau dilusi yang timbul pada or dilutions of investment in a joint venture in
investasi pada ventura bersama dimana which significant influence is retained are
pengaruh signifikan masih dipertahankan diakui recognised in profit or loss, and only a
dalam laba rugi dan hanya suatu bagian proportionate share of the amount previously
proporsional atas jumlah yang telah diakui recognised in other comprehensive income is
sebelumnya pada pendapatan komprehensif reclassified to profit or loss where appropriate.
lainnya yang direklasifikasi ke laba rugi.
4. ESTIMASI DAN PERTIMBANGAN AKUNTANSI 4. CRITICAL ACCOUNTING ESTIMATES AND
YANG PENTING JUDGEMENTS
Penyusunan laporan keuangan konsolidasian sesuai Preparing consolidated financial
dengan Standar Akuntansi Keuangan di Indonesia statements conforming to Indonesian Financial
mewajibkan manajemen untuk membuat estimasi Accounting Standards requires management to
dan asumsi yang mempengaruhi jumlah-jumlah yang make judgments about estimations and assumptions
dilaporkan dari pendapatan, beban, aset dan that affect the amounts reported on income,
liabilitas, dan pengungkapan liabilitas kontinjensi expenses, assets and liabilities, and disclosures of
pada tanggal pelaporan. Ketidakpastian mengenai contingent liabilities at the reporting date. Estimation
asumsi dan estimasi tersebut dapat mengakibatkan uncertainty may cause adjustments to the carrying
penyesuaian nilai tercatat aset dan liabilitas dalam amounts of assets and liabilities within the next
periode pelaporan berikutnya. reporting period.
Estimasi dan pertimbangan terus-menerus Estimates and judgements are continually evaluated
dievaluasi berdasarkan pengalaman historis dan and based on historical experience and other factors,
faktor-faktor lain, termasuk ekspektasi peristiwa including expectations of future events that are
masa depan yang diyakini wajar berdasarkan kondisi believed to be reasonable under the circumstances.
yang ada. Hasil aktual dapat berbeda dengan jumlah However, the actual results may differ from these
yang diestimasi. Estimasi dan asumsi yang memiliki estimates. The estimates and assumptions that
pengaruh signifikan terhadap jumlah tercatat aset significantly affect the carrying amounts of assets
dan liabilitas diungkapkan di bawah ini. and liabilities are disclosed below.
Page 675
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/44 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
4. ESTIMASI DAN PERTIMBANGAN AKUNTANSI 4. CRITICAL ACCOUNTING ESTIMATES AND
YANG PENTING (lanjutan) JUDGEMENTS (continued)
Estimasi dan Asumsi Estimates and Assumptions
- Biaya eksplorasi dan evaluasi - Exploration and evaluation expenditures
Kebijakan akuntansi Grup untuk biaya The Group’s accounting policy for the
eksplorasi dan evaluasi mengakibatkan biaya exploration and evaluation of expenditure results
tertentu dikapitalisasi untuk sebuah wilayah in certain items of expenditure being capitalised
kerja yang dianggap dapat dipulihkan oleh for an area of interest where it is considered
eksploitasi di masa depan atau penjualan atau di likely to be recoverable through future
mana kegiatan tersebut belum mencapai tahap exploitation or sale or where the activities have
tertentu yang memungkinkan dilakukan not reached a stage which permits a reasonable
penilaian yang wajar atas keberadaan energi assessment of the existence of geothermal
panas bumi. Kebijakan ini mengharuskan energy. This policy requires management to
manajemen untuk membuat estimasi dan make specific estimates and assumptions about
asumsi tertentu atas peristiwa dan keadaan di future events and circumstances, particularly
masa depan, khususnya apakah operasi whether an economically viable extraction
eksploitasi dapat dilaksanakan secara operation can be established.
ekonomis.
Setiap perkiraan dan asumsi tersebut dapat Any such estimates and assumptions may
berubah seiring tersedianya informasi baru. Jika, change as new information becomes available.
setelah dilakukan kapitalisasi atas biaya If, after capitalising the expenditure under the
berdasarkan kebijakan ini, suatu pertimbangan policy, a judgement is made that the recovery of
dibuat bahwa pemulihan biaya dianggap tidak the expenditure is unlikely, the relevant
dimungkinkan, biaya yang telah dikapitalisasi capitalised amounts will be written off to the
tersebut akan dibebankan ke dalam laporan laba statement of profit or loss and other
rugi dan penghasilan komprehensif lain. comprehensive income.
- Penyusutan - Depreciation
Grup mencatat nilai sumur dan instalasi dengan The Group records the value of the wells and
nilai perolehan dikurangi akumulasi penyusutan installations at cost less accumulated
dan biaya-biaya yang berkaitan dengan depreciation and any impairment charges. The
penurunan nilai. Nilai perolehan sumur dan cost of the wells and installations includes the
instalasi termasuk biaya berwujud dan tidak tangible and intangible expenditures to prepare
berwujud untuk mempersiapkan aset tersebut the assets for initial steam and electricity
dapat memproduksi uap dan listrik. Sumur dan generation. After reducing the estimated residual
instalasi disusutkan dengan metode garis lurus values, wells and installations are depreciated
selama estimasi umur ekonomis sumur dan straight-line over the asset’s estimated useful
instalasi, setelah memperhitungkan nilai sisa. lives.
Page 676
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/45 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
4. ESTIMASI DAN PERTIMBANGAN AKUNTANSI 4. CRITICAL ACCOUNTING ESTIMATES AND
YANG PENTING (lanjutan) JUDGEMENTS (continued)
Estimasi dan Asumsi (lanjutan) Estimates and Assumptions (continued)
- Penyusutan (lanjutan) - Depreciation (continued)
Pertimbangan penting dan estimasi meliputi hal- The critical judgements and estimates involved
hal sebagai berikut: are:
- Estimasi masa manfaat aset antara - Estimated useful lives of the assets range
5 sampai 40 tahun. Meskipun demikian from an estimated 5 to 40 years. However,
masa manfaat nyata sumur dan instalasi the actual life of the wells and installations
dapat berbeda yang disebabkan oleh may be different depending on many factors
beberapa faktor seperti karakteristik uap, such as steam characteristics, and the rate
dan tingkat keausan peralatan of wear and tear of the equipment may
mempengaruhi masa manfaat menjadi lebih result in a shorter or longer life.
panjang atau lebih pendek.
- Nilai sisa sulit diestimasi berdasarkan masa - Residual values are difficult to estimate
manfaat aset tetap, karena adanya given the long lives of wells and
ketidakpastian seperti kondisi ekonomi dan installations, the uncertainty of future
harga baja bekas di masa yang akan economic conditions and the future price of
datang, yang dianggap sebagai scrap steel, which is considered the primary
pertimbangan utama dalam menentukan determinant of the residual price.
nilai sisa.
Saat ini Grup melakukan estimasi nilai sisa The Group estimates residual values annually
secara tahunan berdasarkan evaluasi terbaik based on the best useful life and residual value
atas hasil penilaian masa manfaat dan nilai sisa estimation of fixed asset.
aset tetap.
Jika estimasi masa manfaat ekonomis tidak If the estimated economic useful life is incorrect
benar atau kondisi lingkungan berubah, estimasi or circumstances change such that the
masa manfaat ekonomis harus disesuaikan, rugi estimated economic useful life has to be revised,
penurunan nilai aset atau penambahan biaya an impairment loss or additional depreciation
penyusutan harus diperhitungkan untuk periode expense could result in future periods. A
yang akan datang. Penurunan masa manfaat decrease in the useful life of the assets or a fall
aset atau penurunan nilai residu akan in the residual value would increase the annual
mengakibatkan beban penyusutan tahunan depreciation charge and potentially result in an
meningkat dan berpotensi mengakibatkan rugi impairment loss. If the residual value is
penurunan nilai. Jika nilai sisa lebih dari yang di overestimated, it would reduce the yearly
estimasikan maka akan mengurangi biaya depreciation and overstate the value of the
penyusutan dan lebih catat atas nilai aset. assets.
Page 677
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/46 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
4. ESTIMASI DAN PERTIMBANGAN AKUNTANSI 4. CRITICAL ACCOUNTING ESTIMATES AND
YANG PENTING (lanjutan) JUDGEMENTS (continued)
Estimasi dan Asumsi (lanjutan) Estimates and Assumptions (continued)
- Kompensasi berbasis saham - Share-based compensation
Perusahaan mengukur beban dari transaksi Group measures the cost of equity-settled
yang diselesaikan dengan instrumen ekuitas transactions (MESOP) with management and
(MESOP) kepada manajemen dan karyawan employees by reference to the fair value of the
dengan mengacu pada nilai wajar dari instrumen equity instruments at the date they are granted.
ekuitas pada tanggal instrument tersebut Estimating fair value for share-based payment
diberikan (grant). Dalam mengestimasi nilai transactions requires determining the most
wajar dari transaksi pembayaran berbasis appropriate valuation model, which depends on
saham memerlukan penentuan model penilaian the grant's terms and conditions. This estimate
yang paling tepat, yang tergantung pada also requires determining the most appropriate
persyaratan dan kondisi yang diberikan. inputs to the valuation model, including, among
Estimasi ini juga memerlukan penentuan input others, option exercise price, the current price
yang paling tepat ke dalam model penilaian yang of the underlying stock, the expected life of the
mencakup antara lain, harga pelaksanaan opsi, stock option, share volatility and risk-free
harga terkini yang mendasari saham, ekspektasi interest rate and making assumptions about
umur dari opsi saham, tingkat volatilitas saham them. The assumptions and models used for
dan suku bunga bebas risiko serta penentuan estimating fair value for share-based payment
asumsi atas input tersebut. Asumsi-asumsi dan transactions are disclosed in Notes 3y and 18b.
model penilaian yang dipakai untuk
mengestimasi nilai wajar transaksi pembayaran
berbasis saham ini diungkapkan dalam Catatan
3y dan 18b.
- Penyusutan aset hak-guna - Depreciation of right-of-use assets.
Aset hak guna disusutkan sepanjang waktu yang Right-of-use assets are depreciated on a
lebih pendek antara lama masa manfaat aset straight-line basis over the shorter of the asset’s
dan jangka waktu sewa menggunakan metode useful life and the lease term. If the group is
garis lurus. Jika grup cukup yakin untuk reasonably certain to exercise a purchase
melaksanakan opsi pembelian, aset hak guna option, the right-of-use asset is depreciated
disusutkan selama masa manfaat aset yang over the underlying assets’ useful life.
mendasarinya.
- Penurunan nilai aset non-keuangan - Non-financial asset impairment
Sesuai dengan kebijakan akuntansi Grup, setiap Following the Group’s accounting policies, each
aset atau unit penghasil kas dievaluasi pada asset or cash-generating unit is evaluated every
setiap periode pelaporan untuk menentukan ada reporting period to determine any impairment
tidaknya indikasi penurunan nilai aset. Jika indications. If any such indication exists, a formal
terdapat indikasi tersebut, akan dilakukan estimate of the recoverable amount is
perkiraan atas nilai aset yang dapat dipulihkan performed, and an impairment loss recognised
kembali dan kerugian akibat penurunan nilai to the extent that the carrying amount exceeds
akan diakui sebesar selisih antara nilai tercatat the recoverable amount. The recoverable
aset dengan nilai yang dapat dipulihkan kembali amount of an asset or cash-generating unit is
dari aset tersebut. Jumlah nilai yang dapat measured at the higher of fair value, fewer costs
dipulihkan kembali dari sebuah aset atau to sell, and lower value in use.
kelompok aset penghasil kas diukur
berdasarkan nilai yang lebih tinggi antara nilai
wajar dikurangi biaya untuk menjual dan
perhitungan nilai pakai.
Page 678
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/47 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
4. ESTIMASI DAN PERTIMBANGAN AKUNTANSI 4. CRITICAL ACCOUNTING ESTIMATES AND
YANG PENTING (lanjutan) JUDGEMENTS (continued)
Estimasi dan Asumsi (lanjutan) Estimates and Assumptions (continued)
- Penurunan nilai aset non-keuangan (lanjutan) - Non-financial asset impairment (continued)
Aset yang memiliki masa manfaat yang tak Assets with an indefinite useful life - for example,
terbatas, seperti goodwill atau aset tak berwujud goodwill or intangible assets not ready to use -
yang belum siap untuk digunakan, tidak are not subject to amortisation and are tested
diamortisasi dan diuji setiap tahun untuk annually for impairment.
penurunan nilai.
Penentuan nilai wajar dan nilai pakai Determining fair value and value in use requires
membutuhkan manajemen untuk membuat management to make estimates and
estimasi dan asumsi atas produksi uap atau assumptions about expected steam or electricity
listrik yang diharapkan, harga uap atau listrik, production, steam or electricity prices, operating
biaya operasi, serta belanja modal di masa costs, and future capital expenditures.
depan.
Manajemen menggunakan estimasi terbaik Management uses the best estimation based on
berdasarkan data yang tersedia pada tanggal available data at the financial reporting date in
pelaporan keuangan dalam penentuan sumber resource and reserve bookings and the
daya dan cadangan serta skenario development scenario on geothermal projects
pengembangan untuk proyek panas bumi yang with impairment indication.
terdapat indikasi penurunan nilai.
- Pengukuran instrumen ekuitas - Equity instrument measurement
Grup mengukur investasi di instrumen ekuitas The Group measures equity investment where
dimana Grup tidak memiliki pengaruh signifikan the Group has no significant influence or control
ataupun kontrol pada nilai wajarnya. Nilai wajar over its fair value. The fair value of an asset is
atas suatu aset ditentukan berdasarkan metode determined based on the discounted cash flow
arus kas diskonto, yang dihitung berdasarkan methods, calculated based on management’s
asumsi dan estimasi manajemen. Perubahan assumptions and estimates. Changing the key
asumsi penting, termasuk asumsi tingkat assumptions, including the discount rates or the
diskonto atau tingkat pertumbuhan dalam growth rate assumptions in the cash flow
proyeksi arus kas dan asumsi harga, dapat projections and price assumptions, could
memengaruhi perhitungan nilai yang dapat materially affect the calculations of recoverable
diperoleh kembali secara material. amounts.
- Penurunan nilai aset keuangan - Impairment of financial assets
Grup menggunakan matriks provisi untuk The Group uses a provision matrix to calculate
menghitung ECL atas piutang usaha. Tarif provisi ECL for trade receivables. The provision rates
didasarkan pada hari yang lewat jatuh tempo are based on days past due for groupings of
untuk mengelompokan pelanggan ke segmen various customer segments with similar loss
yang memiliki pola kerugian serupa. Matriks patterns. The provision matrix is initially based
provisi awalnya berdasarkan tarif default yang on the Group’s historical observed default rates.
diamati Grup secara historis.
Page 679
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/48 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
4. ESTIMASI DAN PERTIMBANGAN AKUNTANSI 4. CRITICAL ACCOUNTING ESTIMATES AND
YANG PENTING (lanjutan) JUDGEMENTS (continued)
Estimasi dan Asumsi (lanjutan) Estimates and Assumptions (continued)
- Penurunan nilai aset keuangan (lanjutan) - Impairment of financial assets (continued)
Grup akan mengkalibrasi matriks tersebut untuk The Group will calibrate the matrix to adjust the
menyesuaikan pengalaman kerugian kredit historical credit loss experience with forward-
historis dengan informasi kedepan. Misalnya, jika looking information. For instance, if forecast
prakiraan kondisi ekonomi diperkirakan economic conditions are expected to deteriorate
memburuk selama tahun depan dapat over the next year, leading to increased defaults
menyebabkan peningkatan jumlah default di in the Group’s industry sector, the historical
sektor usaha Grup, tingkat default historis default rates are adjusted. The historically
disesuaikan. Pada setiap tanggal pelaporan, tarif observed default rates are updated at every
default yang diamati secara historis diperbarui dan reporting date, and changes in the forward-
perubahan dalam estimasi ke depan dianalisa looking estimates are analysed.
kembali.
Penilaian korelasi antara tingkat default yang The assessment of the correlation between
dapat diamati secara historis, taksiran kondisi historical observed default rates, forecast
ekonomi dan ECL adalah estimasi yang signifikan. economic conditions, and ECLs is a significant
Jumlah ECL sensitif terhadap perubahan keadaan estimate. The amount of ECLs is sensitive to
dan taksiran kondisi ekonomi. Pengalaman changes in circumstances and forecast
kerugian kredit historis Grup dan perkiraan kondisi economic conditions. The Group’s historical
ekonomi mungkin juga tidak mewakili aktual credit loss experience and forecast of economic
default pelanggan yang sebenarnya di masa conditions may also not represent
depan. the customer’s actual default in the future.
- Imbalan kerja - Employee benefits
Penentuan liabilitas imbalan kerja Grup Determining the Group’s employee benefits
bergantung pada pemilihan asumsi yang liability depends on the independent actuaries'
digunakan oleh aktuaris independen dalam selection of certain assumptions when
menghitung jumlah-jumlah tersebut. Asumsi calculating such amounts. Those assumptions
tersebut termasuk antara lain, tingkat diskonto, include discount rates, salary increase rate,
tingkat kenaikan gaji, tingkat kematian, usia mortality rate, retirement age and resignation
pensiun dan tingkat pengunduran diri. Hasil aktual rate. Actual results that differ from the Group’s
yang berbeda dari asumsi yang ditetapkan Grup assumptions are recognised in other
diakui dalam penghasilan komprehensif lain. comprehensive income. While the Group
Sementara Grup berkeyakinan bahwa asumsi believes that its assumptions are reasonable
tersebut adalah wajar dan sesuai, perbedaan and appropriate, significant differences in the
signifikan pada hasil aktual atau perubahan Group's actual results or substantial changes in
signifikan dalam asumsi yang ditetapkan Grup the Group’s assumptions may materially affect
dapat mempengaruhi secara material liabilitas its estimated liabilities for employee benefits and
imbalan kerja dan beban imbalan kerja neto yang net employee benefits expense recognised in
diakui dalam laba rugi dan penghasilan profit or loss and other comprehensive income.
komprehensif lain.
- Beban pajak kini - Current tax expenses
Grup mengakui beban pajak kini berdasarkan The Group recognises current tax expense
estimasi penghasilan kena pajak periode berjalan based on the estimated taxable income for the
yang dihitung berdasarkan tarif pajak yang period computed using the prevailing tax rates.
berlaku.
Page 680
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/49 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
4. ESTIMASI DAN PERTIMBANGAN AKUNTANSI 4. CRITICAL ACCOUNTING ESTIMATES AND
YANG PENTING (lanjutan) JUDGEMENTS (continued)
Estimasi dan Asumsi (lanjutan) Estimates and Assumptions (continued)
- Aset pajak tangguhan - Deferred tax assets
Aset pajak tangguhan diakui untuk semua Deferred tax assets are recognised for all
perbedaan temporer yang boleh dikurangkan, deductible temporary differences to the extent
sepanjang besar kemungkinan perbedaan that taxable income will probably be available in
temporer yang boleh dikurangkan dapat future years against which the deductible
dimanfaatkan untuk mengurangi penghasilan temporary differences can be utilised. Significant
kena pajak pada masa depan. Estimasi management estimates are required to
signifikan oleh manajemen disyaratkan dalam determine the amount of deferred tax assets that
menentukan total aset pajak tangguhan yang can be recognised, based upon the likely timing
dapat diakui, berdasarkan saat penggunaan dan and the level of the future taxable income,
tingkat penghasilan kena pajak serta strategi together with future tax planning strategies.
perencanaan pajak masa depan.
Pertimbangan dalam Penentuan Kebijakan Judgments in Applying the Accounting Policies
Akuntansi
Pertimbangan berikut ini dibuat oleh manajemen The following judgments are made by management
dalam rangka penerapan kebijakan akuntansi Grup in the process of applying the Group’s accounting
yang memiliki pengaruh paling signifikan atas jumlah policies that have the most significant effects on the
yang diakui dalam laporan keuangan konsolidasian: amounts recognised in the consolidated financial
statements:
- Klasifikasi Aset dan Liabilitas Keuangan - Classification of Financial Assets and Financial
Liabilities
Grup menetapkan klasifikasi atas aset dan The Group determines the classifications of
liabilitas tertentu sebagai aset keuangan dan certain assets and liabilities as financial assets
liabilitas keuangan dengan mempertimbangkan and financial liabilities by judging if they meet the
apakah definisi yang ditetapkan PSAK 109 definition outlined in PSAK 109. Accordingly, the
dipenuhi. Dengan demikian, aset keuangan dan financial assets and liabilities are accounted for
liabilitas keuangan diakui sesuai dengan following the Group’s accounting policies
kebijakan akuntansi Grup seperti diungkapkan disclosed in Note 3r.
pada Catatan 3r.
- Penentuan mata uang fungsional - Determination of functional currency
Mata uang fungsional dari masing-masing The functional currency of each Group entity is
entitas Grup adalah mata uang dari lingkungan the currency of the primary economic
ekonomi utama dimana entitas beroperasi. environment in which the entity operates. The
Penentuan mata uang fungsional mungkin determination of the functional currency may
membutuhkan pertimbangan karena beberapa require consideration due to some complexities,
kompleksitas, seperti Grup bertransaksi di lebih such as the Group transacting in more than one
dari satu mata uang dalam kegiatan bisnis currency during its day-to-day business. The
sehari-hari. Mata uang tersebut adalah mata currency is the currency of the primary economic
uang pada lingkungan ekonomi utama di mana environment in which the entity operates.
entitas beroperasi.
Page 681
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/50 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
5. KAS DAN SETARA KAS 5. CASH AND CASH EQUIVALENTS
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
Kas pada bank 155.191 277.717 Cash in banks
Deposito jangka pendek 500.000 400.000 Short-term deposits
Jumlah 655.191 677.717 Total
Rincian kas dan setara kas berdasarkan mata uang dan The details of cash and cash equivalents based on currency and
masing-masing bank adalah sebagai berikut: by individual bank are as follows:
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
Kas pada bank: Cash in banks:
Rekening rupiah: Rupiah accounts:
PT Bank Mandiri PT Bank Mandiri
(Persero) Tbk (“Bank Mandiri”) 9.669 763 (Persero) Tbk (“Bank Mandiri”)
PT Bank Negara Indonesia PT Bank Negara Indonesia
(Persero) Tbk (“Bank BNI”) 401 1.224 (Persero) Tbk (“Bank BNI”)
PT Bank Rakyat Indonesia PT Bank Rakyat Indonesia
(Persero) Tbk (“Bank BRI”) 115 542 (Persero) Tbk (“Bank BRI”)
Subjumlah 10.185 2.529 Subtotal
Rekening dolar AS: US dollar accounts:
Bank BRI 73.276 141.062 Bank BRI
Bank Mandiri 70.939 113.047 Bank Mandiri
Bank BNI 54 20.294 Bank BNI
Subjumlah 144.269 274.403 Subtotal
Rekening euro: Euro accounts:
Bank BNI 737 785 Bank BNI
Subjumlah 737 785 Subtotal
Jumlah kas pada bank 155.191 277.717 Total cash in banks
Deposito jangka pendek: Short-term bank deposits:
Rekening dolar AS: US dollar accounts:
Bank BTN 200.000 - Bank BTN
Bank Mandiri 150.000 - Bank Mandiri
Bank BJB 150.000 - Bank BJB
Bank BRI - 400.000 Bank BRI
Jumlah deposito Total short-term
jangka pendek 500.000 400.000 bank deposits
Total cash and
Jumlah kas dan setara kas 655.191 677.717 cash equivalents
Page 682
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/51 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
5. KAS DAN SETARA KAS (lanjutan) 5. CASH AND CASH EQUIVALENTS (continued)
Tingkat bunga per tahun deposito berjangka per Annual interest rates on time deposits per annum are
tahun adalah sebagai berikut: as follows:
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
Dolar Amerika Serikat 5,71 – 7,15% 4,25 - 7,15% US dollar
Bank-bank di atas adalah bank milik negara. Dengan The above banks are state-owned banks. As such,
demikian, bank-bank tersebut merupakan entitas they are Government-related entities.
berelasi dengan Pemerintah.
6. PIUTANG USAHA DAN PIUTANG LAIN-LAIN 6. TRADE RECEIVABLES AND OTHER
RECEIVABLES
a. Piutang usaha a. Trade receivables
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
Dolar Amerika Serikat United States Dollar
Pihak yang berelasi Related parties
(Catatan 26f) 124.627 132.273 (Note 26f)
Pihak ketiga 3.498 4.018 Third parties
Jumlah 128.125 136.291 Total
Dolar Amerika Serikat United States Dollar
Belum jatuh tempo 3.498 4.018 Not due
Jatuh tempo kurang Less than three
dari tiga bulan 119.246 130.217 months overdue
Jatuh tempo lebih dari More than three
dari tiga bulan kurang months less than
dari dua belas bulan 3.325 796 twelve months overdue
Jatuh tempo lebih dari More than
dua belas bulan 2.056 1.260 twelve months overdue
Jumlah 128.125 136.291 Total
Pada tanggal 31 Desember 2024 dan 2023, As of December 31, 2024 and 2023, trade
piutang usaha kepada pihak berelasi dalam receivables to related parties denominated in
mata uang dolar AS yang timbul atas transaksi US dollars arising from own operations
pendapatan operasi sendiri masing-masing amounted to US$57,534 and US$64,891,
sebesar US$57.534 dan US$64.891 dan yang respectively, and arising from pass-through
timbul atas transaksi pass-through antara Grup transactions between the Group and KOB
dan kontraktor KOB masing-masing sebesar contractors amounted to US$67,093 and
US$67.093 dan US$67.382 (Catatan 3m). US$67,382, respectively (Notes 3m).
Manajemen berkeyakinan bahwa seluruh Management believes that trade receivables
piutang usaha dapat ditagihkan, sehingga tidak are fully collectable, hence, no impairment
diperlukan adanya penyisihan penurunan nilai. provision is required. As of December 31, 2024,
Pada tanggal 31 Desember 2024 dan 2023 tidak and 2023, no trade receivable was used as
terdapat piutang usaha yang digunakan sebagai collateral.
jaminan.
Page 683
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/52 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
6. PIUTANG USAHA DAN PIUTANG LAIN-LAIN 6. TRADE RECEIVABLES AND OTHER
(lanjutan) RECEIVABLES (continued)
b. Piutang lain-lain b. Other receivables
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
Pihak yang berelasi (Catatan 26g) 11.570 13.676 Related parties (Note 26g)
Pihak ketiga 98 101 Third parties
Jumlah 11.668 13.777 Total
Bagian lancar 4.139 5.521 Current portion
Bagian tidak lancar 7.529 8.256 Non-current portion
Pada tanggal 31 Desember 2024, piutang lain- On December 31, 2024, the current portion of
lain pihak - berelasi bagian lancar merupakan other receivables - related parties represents a
piutang atas penggantian bonus produksi dari receivable arising from production bonus
DJA, piutang dividen dari PHE dan piutang reimbursement from DJA, dividend receivable
penjualan kredit karbon dari PPI. from PHE and carbon credit sales from PPI.
Piutang lain-lain pihak - berelasi tidak lancar The other receivable-related party non-current
merupakan piutang atas penyerahan unit portion represents receivables arising from
transmisi kepada PLN sesuai PJBL untuk the transfer of transmission units to PLN under
Lahendong Unit 5 dan 6 dan Karaha yang the Lahendong Unit 5 and 6 and Karaha ESCs,
penyelesaiannya menggunakan porsi tertentu which settlement will be received as part of
dari harga penjualan selama jangka waktu future revenue during the sales contract.
perjanjian.
Manajemen berkeyakinan bahwa seluruh Management believes other receivables are
piutang lain-lain dapat ditagihkan, sehingga fully collectable; hence, no impairment
tidak diperlukan penyisihan penurunan nilai. provision is required.
Page 684
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/53 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
7. PERSEDIAAN 7. INVENTORIES
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
Material pemboran 9.242 12.410 Drilling materials
Suku cadang 7.309 5.982 Spare parts
Pipa 3.937 4.623 Pipes
Pelumas dan bahan kimia 60 38 Lubricants and chemicals
Dikurangi: Less:
Penyisihan penurunan nilai (2.062) (409) Allowance for decline in value
Jumlah 18.486 22.644 Total
Mutasi penyisihan atas penurunan nilai selama periode Changes in the balance of allowance for decline in
pelaporan adalah sebagai berikut: value on the reporting period were as follows:
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
Saldo awal (409) - Beginning balance
Penyisihan penurunan nilai (1.653) (409) Allowance for decline in value
Jumlah (2.062) (409) Total
Pada tanggal 31 Desember 2024 dan 2023, As of December 31, 2024 and 2023, inventories are
persediaan tidak diasuransikan atas risiko not insured against fire, theft, and other potential
kebakaran, pencurian, dan risiko lain yang mungkin risks, as management believes these risks do not
terjadi, karena manajemen beranggapan bahwa pose a significant threat to the business.
risiko tersebut tidak berdampak signifikan pada
bisnis.
Berdasarkan hasil pengkajian ulang keadaan fisik Based on an assessment of the status of physical
persediaan pada tanggal 31 Desember 2024 dan inventories as of December 31, 2024 and 2023,
2023, manajemen berkeyakinan bahwa jumlah management believes that the allowance for the
penyisihan penurunan nilai telah mencukupi untuk decline in value is adequate to cover the allowance
menutup penurunan nilai persediaan usang, tidak for obsolete, unusable, and slow-moving materials.
terpakai dan lambat pergerakannya.
8. BIAYA DIBAYAR DI MUKA 8. PREPAYMENTS
Biaya dibayar di muka terdiri dari sewa dibayar Prepaid expenses, consisting of prepaid rent, prepaid
dimuka, asuransi dibayar di muka, perjalanan dinas insurance, and prepaid travel expenses, on
dibayar dimuka dimana pada tanggal 31 Desember December 31, 2024 and 2023 amounted to US$122
2024 dan 2023 masing-masing sebesar US$122 dan and US$519, respectively.
US$519.
Page 685
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/54 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
9. ASET TETAP 9. FIXED ASSETS
31 Desember/December 31, 2024
Saldo awal/ Saldo akhir/
Beginning Penambahan/ Pengurangan/ Reklasifikasi/ Ending
balance Additions Deduction Reclassification balance
Harga perolehan: Acquisition costs:
Tanah dan hak atas tanah 18.226 - - 994 19.220 Land and land rights
Sumur panas bumi 1.038.098 - - 73.940 1.112.038 Geothermal wells
Instalasi 756.041 - - 23.637 779.678 Installations
Bangunan 182.321 - - 9.727 192.048 Buildings
Harta benda bergerak 29.444 - - 2.909 32.353 Moveable assets
Subjumlah 2.024.130 - - 111.207 2.135.337 Subtotal
Aset dalam pembangunan: Assets under construction:
Aset eksplorasi 168.729 557 - - 169.286 Exploration assets
Aset pengembangan 697.006 194.855 - (111.207) 780.654 Development assets
Subjumlah 865.735 195.412 - (111.207) 949.940 Subtotal
Jumlah harga perolehan 2.889.865 195.412 - - 3.085.277 Total acquisition costs
Akumulasi penyusutan: Accumulated depreciation:
Sumur panas bumi (379.732) (50.507) - - (430.239) Geothermal wells
Instalasi (363.897) (46.203) - - (410.100) Installations
Bangunan (68.756) (12.547) - - (81.303) Buildings
Harta benda bergerak (23.884) (2.557) - - (26.441) Moveable assets
Jumlah akumulasi Total accumulated
penyusutan (836.269) (111.814) - - (948.083) depreciation
Penyisihan penurunan nilai (112.587) - - - (112.587) Provision for impairment
Nilai buku bersih 1.941.009 2.024.607 Net book value
31 Desember/December 31, 2023
Saldo awal/ Saldo akhir/
Beginning Penambahan/ Pengurangan/ Reklasifikasi/ Ending
balance Additions Deduction Reclassification balance
Harga perolehan: Acquisition costs:
Tanah dan hak atas tanah 16.605 - - 1.621 18.226 Land and land rights
Sumur panas bumi 1.006.018 - - 32.080 1.038.098 Geothermal wells
Instalasi 732.787 - - 23.254 756.041 Installations
Bangunan 172.631 - - 9.690 182.321 Buildings
Harta benda bergerak 26.932 - - 2.512 29.444 Moveable assets
Subjumlah 1.954.973 - - 69.157 2.024.130 Subtotal
Aset dalam pembangunan: Assets under construction:
Aset eksplorasi 170.396 - - (1.667) 168.729 Exploration assets
Aset pengembangan 616.818 147.678 - (67.490) 697.006 Development assets
Subjumlah 787.214 147.678 - (69.157) 865.735 Subtotal
Jumlah harga perolehan 2.742.187 147.678 - - 2.889.865 Total acquisition costs
Akumulasi penyusutan: Accumulated depreciation:
Sumur panas bumi (332.477) (47.255) - - (379.732) Geothermal wells
Instalasi (317.032) (46.865) - - (363.897) Installations
Bangunan (56.971) (11.785) - - (68.756) Buildings
Harta benda bergerak (21.404) (2.480) - - (23.884) Moveable assets
Jumlah akumulasi Total accumulated
penyusutan (727.884) (108.385) - - (836.269) depreciation
Penyisihan penurunan nilai (112.587) - - - (112.587) Provision for impairment
Nilai buku bersih 1.901.716 1.941.009 Net book value
Page 686
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/55 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
9. ASET TETAP (lanjutan) 9. FIXED ASSETS (continued)
Pada tanggal 31 Desember 2024 dan 2023, seluruh As of December 31, 2024 and 2023, fixed assets are
aset tetap dikategorikan sebagai aset panas bumi categorised as geothermal assets used to support
yang digunakan untuk menunjang kegiatan the Group's operational activities.
operasional Grup.
Pada tanggal 31 Desember 2024 aset tetap dalam As of December 31, 2024 asset under construction,
pembangunan meliputi proyek eksplorasi panas consists of the Bukit Daun and Sungai Penuh
bumi di wilayah kerja Bukit Daun dan Sungai Penuh geothermal exploration projects and the following
serta proyek-proyek pengembangan panas bumi geothermal development projects:
sebagai berikut:
1. Lumut Balai Unit 2; 1. Lumut Balai Unit 2;
2. Lumut Balai Unit 3 dan 4; dan 2. Lumut Balai Units 3 and 4; and
3. Hululais Unit 1 dan 2. 3. Hululais Units 1 and 2.
Pada tanggal 31 Desember 2024, status aset tetap As of December 31, 2024, the asset under
dalam pembangunan untuk proyek pengembangan construction status for Lumut Balai Unit 2 is in
Lumut Balai Unit 2 berada pada tahap Rekayasa, Engineering, Procurement, Construction, and
Pengadaan, Konstruksi, dan Komisioning (“EPCC”) Commissioning (“EPCC”) phase and Hululais Unit
dan Hululais Unit 1&2 adalah masing-masing 93,35% 1&2 development projects is 93.35% and 87.68%,
dan 87,68% dengan estimasi tanggal operasi respectively. The estimated commercial operation
komersial proyek masing-masing pada tahun 2025 dates are 2025 and 2027, respectively. The asset
dan 2027. Aset tetap dalam pembangunan proyek under construction of Lumut Balai Units 3 and 4
pengembangan Lumut Balai 3 dan 4 diintensikan projects is intended to support Lumut Balai Unit 2
untuk digunakan dalam menunjang operasional operation.
Lumut Balai Unit 2.
Proyek Bukit Daun dan Sungai Penuh merupakan Bukit Daun and Sungai Penuh projects are
proyek dalam tahap eksplorasi. Estimasi exploration projects. Estimated completion will be
penyelesaian akan dievaluasi kembali secara promptly reevaluated based on the actual conditions.
berkala sesuai dengan kondisi aktualnya. Status aset Asset under construction status as of
tetap dalam pembangunan pada tanggal December 31, 2024, for Bukit Daun and Sungai
31 Desember 2024 untuk proyek eksplorasi Bukit Penuh exploration projects are in the process of
Daun dan Sungai Penuh adalah dalam proses kajian development study, with estimation of the
pengembangan dengan estimasi tanggal operasi commercial operation dates in the years 2028 and
komersial proyek masing-masing pada tahun 2028 2027, respectively.
dan 2027.
Bunga yang dikapitalisasi sebagai bagian dari aset Interest capitalised as part of fixed assets amounted
tetap masing-masing sebesar US$3.495 dan to US$3,495 and US$12,264 as at December 31,
US$12.264, pada 31 Desember 2024 dan 2023. 2024 and 2023, respectively. Borrowing costs were
Biaya pinjaman dikapitalisasi pada tingkat bunga capitalised at the weighted average rate of its
rata-rata tertimbang dari pinjaman masing-masing borrowings of 3.41% and 6.09% on December 31,
sebesar 3,41% dan 6,09% pada 31 Desember 2024 2024, and December 31, 2023, respectively.
dan 31 Desember 2023.
Sampai dengan 31 Desember 2024, Grup As per December 31, 2024, Group suspended the
menghentikan sementara kapitalisasi bunga capitalisation of interest for the Hululais Units 1&2
pinjaman pada proyek Hululais Unit 1&2 sehubungan project temporarily, due to the completion of the well
dengan telah selesainya tahapan pengeboran sumur drilling phase to ensure the availability of steam
untuk memastikan ketersediaan uap sesuai kontrak. following the contract. The Group will resume the
Grup akan kembali melakukan kapitalisasi bunga capitalisation of interest during the next substantive
pinjaman pada saat kegiatan substantif tahap phase, namely the construction of fluid collection and
selanjutnya, yaitu pembangunan sarana produksi reinjection system begins.
uap panas bumi dimulai.
Page 687
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/56 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
9. ASET TETAP (lanjutan) 9. FIXED ASSETS (continued)
Nilai wajar dari aset tanah di wilayah Kamojang, The fair value of the land at Kamojang, Lahendong,
Lahendong, Ulubelu, Sibayak, Karaha, dan Lumut Ulubelu, Sibayak, Karaha, and Lumut Balai, with total
Balai, dengan total area masing-masing 115.016 m2, areas of 115,016 sqm, 1,178,875 sqm, 1,065,842
1.178.875 m2, 1.065.842 m2, 194.774 m2, 2.450 m2 sqm, 194,774 sqm, 2,450 sqm, and 1,864,010 sqm,
and 1.864.010 m2 dengan total nilai wajar sebesar respectively, and a total fair value of US$32,687, was
US$32.687, didasarkan pada laporan valuasi KJPP based on the valuation report of KJPP Amin Nirwan
Amin Nirwan Alfiantori & Rekan, penilai independen, Alfiantori & Rekan, an independent appraisal, dated
tertanggal 11 Februari 2022. Keseluruhan aset tanah February 11, 2022. All land assets are used for the
digunakan untuk wilayah kerja. working area.
Grup memiliki beberapa bidang tanah dengan status The Group owned several lands with Building Right
Sertifikat Hak Guna Bangunan (“HGB”) atas nama Titles (“HGB”) status, which are registered under the
Perusahaan dengan nilai buku masing-masing Company’s name and have a book value of
sejumlah US$5.342 dan US$5.342 pada 31 US$5,342 and US$5,342 as of December 31, 2024,
Desember 2024 dan 2023. HGB tersebut berakhir and 2023, respectively. The HGB expires in 2022 -
pada tahun 2022 - 2051. Manajemen Grup 2051. The Group’s management believes that the
berpendapat bahwa hak atas tanah dapat term of the land rights can be extended upon
diperpanjang pada saat jatuh tempo. expiration.
Pada tanggal laporan keuangan ini, manajemen At the date of these consolidated financial
sedang dalam proses mengalihkan US$793 hak atas statements, management is in the process of
tanah Pertamina menjadi atas nama Grup sekaligus converting US$793 of Pertamina’s land rights into the
memperpanjang hak atas tanah menjadi 30 tahun Group’s name and simultaneously extending the
sesuai dengan Peraturan Pemerintah Nomor 18 term of the land rights to 30 years by Government
Tahun 2021. Regulation Number 18 of 2021.
Pada tanggal 31 Desember 2024 dan 2023 terdapat As of December 31, 2024 and 2023, there are fixed
aset tetap yang tidak dipakai sementara (Catatan assets temporarily not in use (Note 13).
13).
Grup memiliki aset tetap yang telah disusutkan The Group has fully depreciated fixed assets that are
penuh dan masih digunakan masing-masing sebesar still use, amounting to US$102,507 and US$97,097
US$102.507 dan US$97.097 pada 31 Desember as of December 31, 2024 and 2023, respectively.
2024 dan 2023.
Kebijakan asuransi atas aset tetap terpusat di Insurance for fixed assets is arranged under
Pertamina. Pada tanggal 31 Desember 2024, aset Pertamina’s insurance policies. As of December 31,
tetap telah diasuransikan terhadap risiko kebakaran, 2024, fixed assets are insured against fire, theft, and
pencurian, dan risiko lain yang mungkin terjadi other risks with PT Tugu Pratama Indonesia, with
kepada PT Tugu Pratama Indonesia dengan nilai coverage of US$841,335 and US$841,428 as of
pertanggungan masing-masing sebesar December 31, 2024, and 2023, respectively.
US$841.335 dan US$841.428 pada 31 Desember
2024 dan 2023.
Berdasarkan pengujian penurunan nilai, tidak Based on the impairment assessment, there was no
terdapat penurunan nilai pada tanggal 31 Desember impairment as of December 31, 2024, and 2023.
2024 dan 2023.
Pada tanggal 31 Desember 2024 dan 2023, tidak As of December 31, 2024, and 2023, no fixed asset
terdapat aset tetap yang digunakan sebagai jaminan. were used as collateral.
Page 688
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/57 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
10. SEWA 10. LEASE
Mutasi aset hak guna adalah sebagai berikut: The movements in right of use assets are as follows:
31 Desember/December 31, 2024
Saldo awal/ Saldo akhir/
Beginning Penambahan/ Pengurangan/ Ending
Balance Additions Deductions balance
Biaya perolehan Cost
Kendaraan 1.577 789 (49) 2.317 Vehicles
Gedung 4.600 3.204 (4.600) 3.204 Building
Akumulasi penyusutan Accumulated depreciation
Kendaraan (402) (873) 49 (1.226) Vehicles
Gedung (3.848) (832) 4.600 (80) Building
Nilai buku neto 1.927 4.215 Net book value
31 Desember/December 31, 2023
Saldo awal/ Saldo akhir/
Beginning Penambahan/ Pengurangan/ Ending
Balance Additions Deductions balance
Biaya perolehan Cost
Kendaraan 753 1.305 (481) 1.577 Vehicles
Gedung 5.519 915 (1.834) 4.600 Building
Akumulasi penyusutan Accumulated depreciation
Kendaraan (732) (151) 481 (402) Vehicles
Gedung (1.753) (2.095) - (3.848) Building
Nilai buku neto 3.787 1.927 Net book value
Liabilitas sewa terdiri dari: Lease liabilities consist of:
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
Bagian jatuh tempo 1.402 910 Current maturities
Bagian setelah dikurangi jatuh tempo 2.549 1.113 Net-off current maturities
Jumlah 3.951 2.023 Total
Jumlah yang diakui dalam laporan laba rugi dan Amounts recognized in the consolidated statement of
penghasilan komprehensif lain konsolidasian: profit or loss and other comprehensive income:
31 Desember/ 31 Desember /
December 31, December 31,
2024 2023
Beban terkait liabilitas sewa
dengan nilai rendah atau Expense related to low value
jangka pendek (Catatan 21 dan 22) 3.372 3.409 or short-term leases (Note 21 and 22)
Beban penyusutan aset hak guna 1.519 2.246 Depreciation on right of use asset
Bunga atas liabilitas sewa Interest on lease liabilities
(Catatan 23) 98 139 (Note 23)
Jumlah 4.989 5.794 Total
Page 689
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/58 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
10. SEWA (lanjutan) 10. LEASE (continued)
Laporan arus kas konsolidasian menyajikan saldo The consolidated statements of cash flows show the
berikut berkaitan dengan sewa: following amounts related to leases:
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
Saldo awal 2.023 4.653 Beginning balance
Penambahan/(penurunan) 3.873 (586) Additions/(deduction)
Beban bunga 98 139 Interest expense
Pembayaran (1.922) (2.184) Payments
Selisih kurs (121) 1 Foreign exchange
Saldo akhir 3.951 2.023 Ending balance
11. INVESTASI PADA VENTURA BERSAMA 11. INVESTMENT IN JOINT VENTURE
Pada tanggal 31 Desember 2024, Grup memiliki As of December 31, 2024, the Group has joint
ventura bersama sebagai berikut: ventures as follows:
Persentase Metode
Tempat kepemilikan/ pengukuran/
Nama entitas/ kedudukan/ Percentage Measurement
Name of entity domicile of ownership Sifat hubungan / Nature of relationship method
PT Cahaya Jakarta 40% PT CAE bergerak di bidang pengusahaan tenaga panas bumi/ Ekuitas
Anagata Energy PT CAE is to operate in the field of geothermal energy business Equity
Berikut ini merupakan ringkasan informasi keuangan Set out below is the summarised financial information
dari ventura bersama yang dicatat dengan of the joint ventures PT Cahaya Anagata Energy
menggunakan metode ekuitas. which are accounted for using the equity method.
PT Cahaya Anagata Energy PT Cahaya Anagata Energy
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
Ringkasan laporan Summarised statement
posisi keuangan of financial position
Kas dan setara kas 462 - Cash and cash equivalents
Aset lancar lainnya 6 250 Other current assets
Aset tidak lancar lainnya 29.908 28.850 Other non-current assets
Liabilitas keuangan jangka pendek (140) - Short-term financial liabilities
Liabilitas jangka pendek lainnya (4) - Other short-term liabilities
Aset bersih 30.232 29.100 Net asset
2024 2023
Rigkasan laporan Summarised statement
penghasilan komprehensif of comprehensive income
Pendapatan - - Revenue
Beban pokok pendapatan (115) - Cost of revenue
Beban lain-lain (61) - Other expenses
Pendapatan keuangan 1.309 - Finance income
Rugi selisih kurs (1) - Foreign exchange loss
Laba sebelum pajak penghasilan 1.132 - Profit before income tax
Beban pajak penghasilan - - Income tax expense
Laba tahun berjalan 1.132 - Profit for the year
Page 690
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/59 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
11. INVESTASI PADA VENTURA BERSAMA (lanjutan) 11. INVESTMENT IN JOINT VENTURE (continued)
PT Cahaya Anagata Energy (lanjutan) PT Cahaya Anagata Energy (continued)
Rekonsiliasi dari ringkasan informasi keuangan yang Reconciliation of the summarised financial
disajikan terhadap nilai buku dari kepentingan Grup information presented to the carrying amount of the
dalam ventura bersama adalah sebagai berikut: Group’s interest in the joint venture is as follows:
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
Ringkasan informasi keuangan Summarised financial information
Pada awal tahun 29.100 - At the beginning of the year
Penambahan - 29.100 Addition
Laba tahun berjalan 1.132 - Profit for the period
Pada akhir tahun 30.232 29.100 At the end of the year
Kepemilikan ventura bersama @40% 12.093 11.640 Interest in joint venture @40%
Nilai buku 12.093 11.640 Carrying value
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
Pada awal tahun 11.640 - At the beginning of the year
Penambahan - 11.640 Addition
Bagian laba diserap tahun berjalan 453 - Share profit fo the year
Nilai buku pada 12.093 11.640 Profit for the year
Page 691
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/60 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
12. ASET KEUANGAN LAINNYA 12. OTHER FINANCIAL ASSETS
Rincian aset keuangan lain yang dimiliki oleh Grup Details of other financial assets owned by the Group
adalah sebagai berikut: are as follows:
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
Aset keuangan yang dinilai Financial asset at
pada nilai wajar melalui fair value through other
pendapatan komprehensif lain 21.716 29.004 comprehensive income
Jumlah 21.716 29.004 Total
Aset keuangan yang dinilai pada nilai wajar melalui Financial asset at fair value through other
pendapatan komprehensif lain. comprehensive income.
Aset keuangan yang dinilai pada nilai wajar melalui Financial assets at fair value through other
pendapatan komprehensif lain merupakan investasi comprehensive income are an equity instrument
instrumen ekuitas pada Grup Pertamina. Berikut investment in the Pertamina Group. Following is the
merupakan perubahan saldo nilai wajar investasi change in fair value investment during the year:
pada tahun berjalan:
31 Desember 31 Desember/
December 31/, December 31,
2024 2023
Saldo awal 29.004 23.841 Beginning balance
Perubahan nilai wajar tahun Change in fair value for the
berjalan (7.288) 5.163 year
Jumlah 21.716 29.004 Total
13. ASET LAIN-LAIN, BERSIH 13. OTHER ASSETS, NET
a. Aset lancar lainnya a. Other current assets
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
Uang muka pihak ketiga 3.463 13.205 Advances to third parties
Uang muka pihak berelasi 1.429 1.430 Advances to related parties
Biaya yang ditangguhkan 302 168 Deferred expenses
Jumlah 5.194 14.803 Total
Uang muka pihak berelasi merupakan uang Advances to related parties represent advances
muka kepada PT Wijaya Karya dan uang muka to PT Wijaya Karya and advances to third
pihak ketiga merupakan uang muka kepada parties represent advances to Mitsubishi
Mitsubishi Corporation dan SEPCOIII Electric Corporation and SEPCOIII Electric Power
Power Construction Co., Ltd. sebagai bagian Construction Co., Ltd. as part of the contract
konsorsium pelaksana kontrak EPCC Lumut implementing consortium for EPCC Lumut Balai
Balai Unit 2. Unit 2.
Biaya yang ditangguhkan merupakan biaya Deferred expenses are expenditures related to
terkait jaminan pendaftaran lelang wilayah kerja guarantees for registration of ongoing
panas bumi yang sedang berlangsung. geothermal work area auctions.
Page 692
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/61 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
13. ASET LAIN-LAIN, BERSIH (lanjutan) 13. OTHER ASSETS, NET (continued)
b. Aset tidak lancar lainnya b. Other non-current assets
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
Persediaan usang dan Obsolete and unusable
tidak terpakai 299 299 inventories
Aset tetap tidak terpakai, bersih 42 42 Unused fixed assets, net
Subjumlah 341 341 Subtotal
Penyisihan persediaan Allowance for obsolete and
usang dan tidak terpakai (299) (299) unusable inventories
Jumlah 42 42 Total
14. UTANG USAHA 14. TRADE PAYABLES
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
Rupiah Rupiah
Pihak yang berelasi (Catatan 26h) 2.216 4.356 Related parties (Note 26h)
Pihak ketiga 9.621 8.137 Third parties
Subjumlah 11.837 12.493 Subtotal
Dolar Amerika Serikat United States dollar
Pihak yang berelasi (Catatan 26h) 18 187 Related parties (Note 26h)
Pihak ketiga 78.756 69.840 Third parties
Subjumlah 78.774 70.027 Subtotal
Euro Eropa European euro
Pihak ketiga 201 - Third parties
Subjumlah 201 - Subtotal
Yen Jepang Japanese yen
Pihak ketiga 5.983 - Third parties
Subjumlah 5.983 - Subtotal
Jumlah 96.795 82.520 Total
Mayoritas utang usaha kepada pihak ketiga dalam The majority of trade payables to third parties in
mata uang dolar AS terdiri atas utang kepada Star currency US dollar involve payables to Star Energy
Energy Geothermal Darajat II Ltd., Star Energy Salak Geothermal Darajat II Ltd., Star Energy Geothermal
Pratama Ltd., dan Star Energy Geothermal Salak Salak Pratama Ltd., and Star Energy Geothermal
Ltd., yang timbul dari transaksi pass-through antara Salak Ltd., as a result of pass-through transactions
Grup dan Kontraktor KOB tersebut (Catatan 3m). between the Group and those JOC contractors
Pada tanggal 31 Desember 2024 dan 2023, jumlah (Note 3m). As of December 31, 2024 and 2023, the
yang belum dibayarkan atas utang transaksi pass- outstanding amount of pass-through transaction
through tersebut adalah masing-masing sebesar payables were US$67,093 and US$67,382,
US$67.093 dan US$67.382 (Catatan 6a). respectively (Notes 6a).
Page 693
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/62 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
15. BIAYA YANG MASIH HARUS DIBAYAR 15. ACCRUED EXPENSES
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
Kontrak barang dan jasa Material and service contracts
- Pihak yang berelasi (Catatan 26k) 5.157 7.259 Related parties (Note 26k) -
- Pihak ketiga 71.054 64.007 Third parties -
Lain-lain 11.842 12.067 Others
Jumlah 88.053 83.333 Total
16. UTANG OBLIGASI 16. BONDS PAYABLE
Pada tanggal 27 April 2023, Perusahaan On April 27, 2023, the Company issued green bonds
menerbitkan surat utang berwawasan lingkungan with a nominal value of US$400,000,000 (full
dengan nilai nominal sebesar US$400.000.000 (nilai amount) as follows:
penuh) sebagai berikut:
Nilai nominal penuh/ Tingkat bunga tetap per tahun/ Jatuh tempo/
Obligasi/Bonds Nominal full amount Interest rate per annum Due date
Senior Unsecured Fixed Rate Notes US$400.000.000 5,15% 27 April 2028
Pada tanggal 31 Desember 2024, Grup mencatat On December 31, 2024, the Group recorded the
nilai obligasi sebagai berikut: bond carrying amount as follows:
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
Nilai nominal 400.000 400.000 Nominal value
Dikurangi: Less:
Diskonto dan beban transaksi Discounts and deferred
yang ditangguhkan dikurangi transaction costs - net of
akumulasi amortisasi (1.357) (1.764) accumulated amortization
Nilai tercatat obligasi 398.643 398.236 Bonds carrying value
Surat utang berwawasan lingkungan tersebut The green bonds were listed on the Singapore
tersebut terdaftar di Singapore Exchange Securities Exchange Securities Trading and offered at 100% of
Trading dan ditawarkan dengan nilai 100% dari the principal amount. Bonds' interest is paid
jumlah pokok obligasi. Bunga obligasi dibayarkan semiannually, with the first interest payment being
setiap semester, dengan pembayaran bunga made on October 27, 2023 while the last interest
pertama dilakukan pada tanggal 27 Oktober 2023, payment and maturity of the bonds are on April 27,
sedangkan pembayaran bunga terakhir sekaligus 2028, which is also the principal repayment date of
jatuh tempo obligasi adalah pada tanggal 27 April the bonds.
2028 yang juga merupakan tanggal pelunasan pokok
dari obligasi.
Hasil penerbitan surat utang tersebut digunakan The proceeds from the issuance of the bonds were
untuk melunasi sepenuhnya fasilitas Bridge Loan. used to fully repay the Bridge Loan facility.
Page 694
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/63 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
16. UTANG OBLIGASI (lanjutan) 16. BONDS PAYABLE (continued)
Berdasarkan laporan pemeringkatan per 18 April Based on the rating report dated April 18, 2024,
2024 yang dipublikasikan oleh Fitch dan Moody’s, issued by Fitch and Moody’s, the rating of the
peringkat surat utang berwawasan lingkungan Company’s green bond is BBB(-) (stable) and Baa3
Perusahaan adalah BBB(-) (stable) dan Baa3 (stable). The ratings reflect the rating agencies’
(stable). Peringkat tersebut menunjukkan penilaian assessments that the Group will effectively execute
agen pemeringkat bahwa Grup akan secara efektif its growth strategy while adhering to conservative
menjalankan strategi pertumbuhan sambil terus financial policies.
mematuhi kebijakan keuangan yang konservatif.
Seluruh surat utang berwawasan lingkungan ini tidak All green bonds are neither collateralised by any
dijamin dengan sepesifik aset tertentu yang dimiliki specific Company’s assets nor guaranteed by other
oleh Perusahaan maupun oleh pihak lain. parties.
Surat utang tersebut diterbitkan berdasarkan The Senior Notes were issued under an indenture
perjanjian antara Perusahaan dan The Bank of New between the Company and The Bank of New York
York Mellon, sebagai wali amanat. Mellon, as the trustee.
Pembatasan untuk surat utang berwawasan Restrictions on green bonds are as follows:
lingkungan sebagai berikut:
i. Pemberian jaminan terhadap efek bersifat utang i. Provision of collateral for debt securities issued
yang diterbitkan dikemudian hari, dan apabila at a later date, and if any, must be shared jointly
ada, wajib untuk dibagi secara bersama sama without precedence over the Debt Securities.
tanpa ada yang didahulukan dengan Surat
Utang.
ii. Konsolidasi, penggabungan, akuisisi yang ii. Consolidation, merger, or acquisition which
menyebabkannya Perusahaan bubar demi causes the Company to be dissolved by law or
hukum, atau tidak lagi memiliki seluruh atau no longer own all or most of its material assets,
sebagian besar dari aset materialnya yang which results in the party replacing the Company
mengakibatkan pihak yang menggantikan becoming the party who will carry out the
Perusahaan menjadi pihak yang akan obligations under the Debentures.
menjalankan kewajiban berdasarkan Surat
Utang.
Page 695
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/64 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
17. PENYISIHAN IMBALAN KERJA KARYAWAN 17. PROVISION FOR EMPLOYEE BENEFITS
Alokasi Kewajiban dari Pertamina untuk Liability Allocation from Pertamina for Secondee
Karyawan Secondee Pertamina: Employees of Pertamina:
Sesuai dengan kebijakan Pertamina, setiap anak Based on Pertamina's policy, every subsidiary
perusahaan (termasuk Perusahaan) harus mengakui (including the Company) should recognise several
sejumlah alokasi kewajiban terkait imbalan-imbalan liability allocations concerning the benefits provided
yang diberikan oleh Pertamina kepada karyawan by Pertamina to the Secondee Pertamina employees
Secondee Pertamina yang diperbantukan di anak who are seconded at the subsidiary's companies.
perusahaan.
Hal ini merupakan pengaturan pembagian kewajiban This a liability sharing arrangement between
antara Pertamina dan anak perusahaan terkait Pertamina and the subsidiaries companies
periode (atau masa kerja) perbantuan karyawan di concerning the seconded period (or services) of the
anak perusahaan: employees at the subsidiaries:
- Dana Pensiun Pertamina (“DPP”). - Dana Pensiun Pertamina (“the DPP”).
- Penghargaan Atas Pengabdian (“PAP”). - Penghargaan Atas Pengabdian (“the PAP”)
- Kesehatan Pasca Pensiun (“Pensioner - Post-retirement Healthcare (“the Pensioner
Healthcare”). Healthcare)
- Biaya Pemulangan (“Repatriasi”). - Biaya Pemulangan (“the Repatriasi”).
- Masa Persiapan Purna Karya (“MPPK”). - Masa Persiapan Purna Karya (“the MPPK”).
- Ulang Tahun Dinas (“UTD”). - Ulang Tahun Dinas (“the UTD”).
Imbalan kerja karyawan yang dimiliki oleh Grup terdiri The Group’s employee benefits consist of short-term
dari imbalan kerja jangka pendek dan imbalan kerja and long-term employee benefits.
jangka panjang.
a. Imbalan kerja jangka pendek a. Short-term employee benefits
Imbalan kerja jangka pendek Grup terdiri dari Short-term employee benefits of the Group
gaji, iuran dana pensiun, jaminan sosial tenaga consist of salaries, contributions for pension
kerja dan imbalan kerja karyawan lainnya. funds, employee social security and other
Imbalan kerja berupa insentif karyawan disajikan employee benefits. Employee benefits in the
sebagai berikut: form of employee incentives are presented as
follows:
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
Insentif karyawan 9.694 17.671 Employee incentives
Jumlah 9.694 17.671 Total
b. Imbalan kerja jangka panjang b. Long-term employee benefits
Imbalan kerja jangka panjang Grup diberikan The Group's long-term employee benefits are
kepada karyawan direct hire dan secondee provided to direct-hire employees and
Pertamina. Karyawan direct hire merupakan secondee of Pertamina. Direct-hire employees
seluruh karyawan permanen yang direkrut are all permanent employees who the Company
secara langsung oleh Perusahaan. Karyawan directly hires. Secondee employees of
secondee Pertamina terdiri dari karyawan Pertamina are permanent employees who are
permanen yang ditempatkan/diperbantukan di placed/seconded at the Company by
Perusahaan oleh Pertamina. Pertamina.
Page 696
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/65 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
17. PENYISIHAN IMBALAN KERJA KARYAWAN 17. PROVISION FOR EMPLOYEE BENEFITS
(lanjutan) (continued)
b. Imbalan kerja jangka panjang (lanjutan) b. Long-term employee benefits (continued)
Liabilitas imbalan kerja jangka panjang yang Long-term employee benefits liability
diakui dalam laporan posisi keuangan recognised in the consolidated statement of
konsolidasian adalah sebagai berikut: financial position are as follows:
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
Penyisihan imbalan Provision for
kerja karyawan employee benefits
Imbalan pasca kerja Post employment benefits
- Karyawan direct hire 4.343 8.992 Direct hire employee -
- Karyawan secondee 4.109 4.078 Secondee employee -
Imbalan kerja jangka- Other long-term
panjang lainnya employee benefits
- Karyawan direct hire 567 355 Direct hire employee -
Saldo akhir 9.019 13.425 Ending balance
Imbalan pascakerja merupakan imbalan yang Post-employment benefits represent benefits
diberikan langsung oleh Grup kepada para provided directly by the Group to the employees,
karyawan, yang mencakup DPP, PAP, including the DPP, the PAP, the Pensioners
Pensioners Healthcare, Repatriasi, MPPK, dan Healthcare, the Repatriation, the MPPK, and the
UTD. UTD.
Perusahaan mencatat karyawan pada tanggal The Company recorded the liability for employee
31 Desember 2024 dan 2023 berdasarkan benefits as of December 31, 2024 and 2023,
perhitungan yang dilakukan oleh Steven & based on calculations performed by Steven &
Mouritz, aktuaris independen, masing-masing Mouritz, an independent actuary in its reports
dalam laporannya No. 0963/ST-DA-PSAK24- respectively, No. 0963/ST-DA-PSAK24-
PGE/III/2025, tanggal 3 Maret 2025 dan PGE/III/2025, dated March 3, 2025 and No.
No. 0539/ST-DA-PSAK24-PGE/I/2024, tanggal 0539/ST-DA-PSAK24-PGE/I/2024 dated
26 Februari 2024, dengan menggunakan February 26, 2024, using projected unit credit
metode projected unit credit. method.
Asumsi-asumsi penting yang digunakan oleh The significant assumptions used by the actuary
aktuaris dalam laporannya adalah sebagai in its reports are as follows:
berikut:
Tingkat diskonto : 7,10% pada tahun 2024/in 2024 : Discount rate
6.65%-6,75% pada tahun 2023/in 2023
Tingkat kenaikan gaji : 7,34% pada tahun 2024/in 2024 : Salary increase rate
8,16% pada tahun 2023/in 2023
Tingkat inflasi emas : 8,0% pada tahun 2024/in 2024 : Gold inflation rate
7,0% pada tahun 2023/in 2023
Harga emas (Rp/gr) : 1.457.480 pada tahun 2024/in 2024 : Gold price (Rp/gr)
1.065.500 pada tahun 2023/in 2023
Tingkat kematian : Tabel Mortalita Indonesia IV (2019) : Mortality rate
pada tahun 2024 dan 2023/in 2024 and 2023
Usia pensiun : 56 tahun/56 years old : Retirement age
Tingkat pengunduran diri : 1% untuk karyawan yang berusia di bawah : Resignation rate
25 tahun dan akan menurun sampai 0%
pada usia 56 tahun/ 1% for employees
younger than 20 years-old which will
decrease to 0% at the age of 56 years old
Tingkat kecacatan : 0,75% x TMI IV pada tahun 2024 dan 2023 : Disability rate
/in 2024 and 2023
Tingkat pensiun : 100% di usia 56/100% at age of 56 : Retirement rate
Page 697
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/66 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
17. PENYISIHAN IMBALAN KERJA KARYAWAN 17. PROVISION FOR EMPLOYEE BENEFITS
(lanjutan) (continued)
b. Imbalan kerja jangka panjang (lanjutan) b. Long-term employee benefits (continued)
Tidak ada perbedaan asumsi yang digunakan There is no difference in the assumptions used
antara imbalan kerja untuk karyawan direct hire for employee benefits for direct hire and
dan secondee Pertamina. secondee Pertamina employees.
1. Imbalan pasca kerja 1. Post-employment benefits
Jumlah yang diakui dalam laporan posisi Amounts recognised in the consolidated
keuangan konsolidasian adalah sebagai statements of financial position are as
berikut: follows:
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
Nilai kini kewajiban 17.937 18.358 Present value of obligation
Nilai wajar aset program (9.485) (5.288) Fair value of plan assets
Jumlah 8.452 13.070 Total
Mutasi nilai kini kewajiban adalah sebagai The movements in present value of
berikut: obligation are as follows:
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
Saldo awal 18.358 15.323 Beginning balance
Diakui pada laba rugi 2.866 2.887 Recognized in profit or loss
Diakui pada laba Recognized in other
komprehensif lain (2.471) 406 comprehensive income
Pembayaran imbalan
kerja - (82) Benefit payments
Dampak perubahan kurs
mata uang asing (816) (176) Foreign exchange differential
Saldo akhir 17.937 18.358 Ending balance
Mutasi nilai wajar aset program adalah The movements in fair value of plan assets
sebagai berikut: are as follows:
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
Saldo awal 5.288 939 Beginning balance
Iuran perusahaan 4.023 4.210 Company contribution
Pendapatan bunga 409 223 Interest income
Imbal hasil 1 (94) Return on plan assets
Dampak perubahan kurs
mata uang asing (236) 10 Foreign exchange differential
Saldo akhir 9.485 5.288 Ending balance
Page 698
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/67 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
17. PENYISIHAN IMBALAN KERJA KARYAWAN 17. PROVISION FOR EMPLOYEE BENEFITS
(lanjutan) (continued)
b. Imbalan kerja jangka panjang (lanjutan) b. Long-term employee benefits (continued)
1. Imbalan pascakerja (lanjutan) 1. Post-employment benefits (continued)
Rincian aset program adalah sebagai The details of plan assets are as follows:
berikut:
31 Desember/ 31 Desember/
December 31, 2024 December 31, 2023
Nilai wajar/ Nilai wajar/
Fair value % Fair value %
Kas dan setara kas 474 5 264 5 Cash and cash equivalent
Instrumen saham 2.846 30 1.586 30 Equity instruments
Instrumen utang 3.794 40 2.115 40 Debt instruments
Investment funds 2.371 25 1.323 25 Investment funds
Jumlah 9.485 100 5.288 100 Total
Jumlah yang diakui dalam beban pokok Amounts recognised in cost of revenues and
pendapatan dan beban umum dan general and administrative expenses are as
administrasi adalah sebagai berikut: follows:
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
Biaya jasa kini 1.273 1.189 Current service cost
Biaya jasa lalu atas kurtailmen (57) - Past service cost on curtailment
Biaya bunga 911 873 Interest cost
Pendapatan bunga atas
aset program (409) (223) Interest income on plan assets
Penyesuaian liabilitas atas Liability released due to
karyawan transfer keluar - (32) employee transferred out
Alokasi pegawai
perbantuan 739 1.080 Secondee employee allocation
Jumlah 2.457 2.887 Total
Jumlah yang diakui dalam penghasilan Amounts recognised in other comprehensive
komprehensif lain adalah sebagai berikut: income are as follows:
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
Kerugian atas perubahan asumsi Loss from changes in
keuangan 2.263 637 financial assumptions
Kerugian/(keuntungan)
atas penyesuaian Loss/(Gain) from experience
pengalaman (318) (367) adjustments
Imbal hasil atas aset
program 1 94 Return on plan assets
Jumlah 1.946 364 Total
Page 699
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/68 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
17. PENYISIHAN IMBALAN KERJA KARYAWAN 17. PROVISION FOR EMPLOYEE BENEFITS
(lanjutan) (continued)
b. Imbalan kerja jangka panjang (lanjutan) b. Long-term employee benefits (continued)
1. Imbalan pascakerja (lanjutan) 1. Post employment benefits (continued)
Mutasi liabilitas imbalan kerja adalah The movements in employee benefits liability
sebagai berikut: are as follows:
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
Saldo awal 13.070 14.384 Beginning balance
Pembayaran imbalan kerja (4.549) (4.281) Benefits paid
Biaya yang diakui pada Expense recognized
laba rugi 2.457 2.887 in profit or loss
Pendapatan/(biaya) yang (Expense)/Income recognized
diakui pada pendapatan in other comprehensive
komprehensif lain (1.946) 364 income
Dampak perubahan kurs
mata uang asing (580) (284) Foreign exchange differential
Saldo akhir 8.452 13.070 Ending balance
Analisa sensitivitas terhadap asumsi utama Sensitivity analysis of the key assumptions
yang digunakan dalam menentukan used in determining pension benefits
kewajiban imbalan pensiun adalah sebagai obligations are as follows:
berikut:
31 Desember/ 31 Desember/
December 31, 2024 December 31, 2023
Kenaikan/ Penurunan/ Kenaikan/ Penurunan/
Increase Decrease Increase Decrease
of 1% of 1% of 1% of 1%
Tingkat diskonto (12.375) 15.745 (12.606) 16.442 Discount rate
Kenaikan gaji 15.793 (12.372) 16.257 (12.686) Salary increase
Analisis jatuh tempo yang diharapkan dari The expected maturity analysis of undiscounted
manfaat pensiun tidak didiskontokan adalah pension benefits is as follows:
sebagai berikut:
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
Kurang dari 1 tahun 149 178 Less than 1 year
Antara 1 sampai 5 tahun 1.522 1.419 Between 2 and 5 years
Di atas 5 tahun 9.725 31.352 Beyond 5 years
Durasi rata-rata dari kewajiban imbalan kerja The average duration of the benefit obligation
pada tanggal 31 Desember 2024 dan 2023 on December 31, 2024 and 2023, is 16 to 17
adalah 16 sampai 17 tahun. years.
Page 700
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/69 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
17. PENYISIHAN IMBALAN KERJA KARYAWAN 17. PROVISION FOR EMPLOYEE BENEFITS
(lanjutan) (continued)
b. Imbalan kerja jangka panjang (lanjutan) b. Long-term employee benefits (continued)
2. Imbalan kerja jangka panjang lainnya 2. Other long-term employee benefits
Imbalan kerja jangka panjang lainnya Other long-term employee benefits
merupakan penghargaan masa kerja yang represent the length of service awards
diberikan kepada para karyawan, yang terdiri provided to the employees, which consist of
atas Masa Persiapan Purna Karya (“MPPK”) Masa Persiapan Purna Karya (“MPPK”) and
dan Ulang Tahun Dinas (“UTD”). Ulang Tahun Dinas (“UTD”).
Jumlah yang diakui dalam laporan posisi Amounts recognised in the consolidated
keuangan konsolidasian adalah sebagai statement of financial position are as
berikut: follows:
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
Liabilitas imbalan
kerja jangka Other long-term
panjang lainnya 567 355 employee benefits
Mutasi nilai kini kewajiban adalah sebagai The movements in present value of
berikut: obligation are as follows:
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
Saldo awal 355 260 Beginning balance
Diakui pada laporan
laba rugi 229 7 Recognized in profit or loss
Dampak perubahan
kurs mata uang
asing (17) 88 Foreign exchange differential
Saldo akhir 567 355 Ending balance
Jumlah yang diakui dalam beban pokok Amounts recognized in cost of revenues and
pendapatan dan beban umum dan general and administrative expenses are as
administrasi adalah sebagai berikut: follows:
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
Biaya jasa kini 45 31 Current service cost
Biaya bunga 23 19 Interest cost
Jumlah 68 50 Total
Page 701
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/70 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
17. PENYISIHAN IMBALAN KERJA KARYAWAN 17. PROVISION FOR EMPLOYEE BENEFITS
(lanjutan) (continued)
b. Imbalan kerja jangka panjang (lanjutan) b. Long-term employee benefits (continued)
2. Imbalan kerja jangka panjang lainnya 2. Other long-term employee benefits
(lanjutan) (continued)
Jumlah yang diakui dalam penghasilan Amounts recognized in other
komprehensif lain adalah sebagai berikut: comprehensive income are as follows:
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
Kerugian atas perubahan asumsi Loss from changes in
keuangan 21 16 financial assumptions
Kerugian/(keuntungan)
atas penyesuaian Loss/(gain) from experience
pengalaman 140 (59) adjustments
Jumlah 161 (43) Total
Analisa sensitivitas terhadap asumsi utama Sensitivity analysis to the critical
uang digunakan dalam menentukan assumptions used in determining other
kewajiban imbalan kerja jangka Panjang long-term benefits obligations are as
lainnya adalah sebagai berikut: follows:
31 Desember/ 31 Desember/
December 31, 2024 December 31, 2023
Kenaikan/ Penurunan/ Kenaikan/ Penurunan/
Increase Decrease Increase Decrease
of 1% of 1% of 1% of 1%
Tingkat diskonto (529) 610 (329) 384 Discount rate
Kenaikan gaji 609 (529) 383 (328) Salary increase
Analisis jatuh tempo yang diharapkan dari Expected maturity analysis of undiscounted
manfaat pensiun tidak didiskontokan adalah pension benefits are as follows:
sebagai berikut:
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
Kurang dari 1 tahun - - Less than 1 year
Antara 1 sampai 5 tahun 293 264 Between 2 and 5 years
Di atas 5 tahun 790 1.207 Beyond 5 years
Durasi rata-rata dari kewajiban imbalan kerja The average duration of the other long-term
jangka panjang lainnya pada tanggal employee benefit obligation on December
31 Desember 2024 dan 2023, masing- 31, 2024 and 2023, is 15 years and 11 years,
masing adalah 15 tahun dan 11 tahun. respectively.
c. Kewajiban jangka panjang lainnya c. Other long-term liabilities
Kewajiban jangka panjang lainnya merupakan Other long-term liabilities are a pension health
program kesehatan pensiun dengan skema program with a scheme that has not been
yang belum ditentukan pembiayaannya oleh determined by the Company until December 31,
Perusahaan sampai dengan 31 Desember 2023 2023 with a provision of US$5,458. Until
dengan provisi senilai US$5.458. Sampai December 31, 2024, the Company has
dengan 31 Desember 2024, Perusahaan determined to use a defined contribution
menentukan untuk menggunakan skema iuran scheme with a provision value of US$1,206.
pasti dengan nilai provisi sebesar US$1.206.
Page 702
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/71 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
17. PENYISIHAN IMBALAN KERJA KARYAWAN 17. PROVISION FOR EMPLOYEE BENEFITS
(lanjutan) (continued)
c. Kewajiban jangka panjang lainnya (lanjutan) c. Other long-term liabilities (continued)
Perusahaan melakukan perhitungan nilai The Company calculates the value of the
kewajiban dengan mempertimbangkan asumsi obligation by considering the assumption of a
tingkat kenaikan gaji sebesar 7,34% per tahun salary increase rate of 7.34% per year and an
dan hasil investasi (tingkat diskonto) sebesar investment return (discount rate) of 5% per year,
5% per tahun, sesuai dengan asumsi manfaat in accordance with the assumption of benefits of
sebesar kapitasi Pertamina. Pertamina capitation.
18. EKUITAS YANG DAPAT DIATRIBUSIKAN 18. EQUITY ATTRIBUTABLE TO OWNERS OF THE
KEPADA PEMILIK ENTITAS INDUK PARENT
a. Modal saham a. Share capital
Pada tanggal 16 Februari 2023, Perusahaan On February 16, 2023, the Company obtained
mendapatkan Surat Pemberitahuan Efektif a Notification Letter regarding the Effective
Pernyataan Pendaftaran No. S-43/D.04/2023 Statement of Registration No. S-43/D.04/2023
atas Penawaran Umum Perdana Saham dari arising from Initial Public Offering of Share from
OJK. Perusahaan efektif mencatatkan OJK. The Company registered its initial public
penawaran umum perdana saham pada Bursa offering in the Indonesia Stock Exchange
Efek Indonesia per tanggal 24 Februari 2023, effectively on February 24, 2023, with the
dengan jumlah saham yang dilepas ke publik number of shares released to the public of
sebanyak 10.350.000.000 lembar. 10,350,000,000 shares.
Pada tanggal 21 Februari 2024, perusahaan On February 21, 2024, the company submitted
menyampaikan laporan keterbukaan informasi a disclosure of information report regarding
sehubungan dengan pelaksanaan MESOP implementing the MESOP Phase I, which
Tahap I yang dilaksanakan selama 30 (tiga was carried out for 30 (thirty) trading days from
puluh) hari bursa terhitung sejak tanggal 24 February 24 (window exercise 1).
Februari 2024 (periode pelaksanaan ke 1).
Pada tanggal 16 Agustus 2024, perusahaan On August 16, 2024, the company submitted a
menyampaikan laporan keterbukaan informasi disclosure of information report regarding
sehubungan dengan pelaksanaan Program implementing the MESOP Phase I & II, carried
MESOP Tahap I & II yang dilaksanakan selama out for 30 (thirty) trading days from August 24,
30 (tiga puluh) hari bursa terhitung sejak tanggal 2024 (window exercise 2)
24 Agustus 2024 (periode pelaksanaan ke 2).
Pada tanggal 31 Desember 2024, susunan As of December 31, 2024, the Company’s
pemegang saham Perusahaan adalah sebagai shareholders are as follows:
berikut:
Persentase
kepemilikan/
Percentage of Nilai Rp /
Lembar/Shares ownership IDR Value Nilai/Value
PT Pertamina Power Indonesia 28.568.460.000 68,83 14.284.230.000.000 1.014.248 PT Pertamina Power Indonesia
Masdar Indonesia Solar Holdings Masdar Indonesia Solar Holdings
RSC Limited 6.209.421.300 14,96 3.104.710.650.000 220.578 RSC Limited
PT Pertamina Pedeve Indonesia 2.477.682.000 5,97 1.238.841.000.000 88.608 PT Pertamina Pedeve Indonesia
Lain-lain - Publik (masing- masing
di bawah 5%) 4.252.460.849 10,24 2.126.230.424.500 151.060 Others - Public (each below 5%)
Jumlah 41.508.024.149 100,00 20.754.012.074.500 1.474.494 Total
Page 703
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/72 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
18. EKUITAS YANG DAPAT DIATRIBUSIKAN 18. EQUITY ATTRIBUTABLE TO OWNERS OF THE
KEPADA PEMILIK ENTITAS INDUK (lanjutan) PARENT (continued)
a. Modal saham (lanjutan) a. Share capital (continued)
Perubahan ini telah dituangkan dalam Akta These changes have been documented in
Notaris Ir. Nanette Cahyanie Handari Adi Notarial Deed Number 9, dated March 7, 2025,
Warsito S.H. Nomor 9 tanggal 7 Maret 2025, of Ir. Nanette Cahyanie Handari Adi Warsito
yang telah mendapat pengesahan dari Menteri S.H., was approved by the Ministry of Law and
Hukum dan Hak Asasi manusia melalui Surat Human Rights in decision letter No. AHU-
Keputusan No. AHU-AH.01.03-0074311 tanggal AH.01.03-0074311, dated March 11, 2025.
11 Maret 2024.
Pada tanggal 31 Desember 2023, susunan As of December 31, 2023, the Company’s
pemegang saham Perusahaan adalah sebagai shareholders are as follows:
berikut:
Persentase
kepemilikan/
Percentage of Nilai Rp/
Lembar/Shares ownership IDR Value Nilai/Value
PT Pertamina Power Indonesia 28.568.460.000 69,01 14.284.230.000.000 1.014.248 PT Pertamina Power Indonesia
Masdar Indonesia Solar Holdings Masdar Indonesia Solar Holdings
RSC Limited 6.209.421.300 15,00 3.104.710.650.000 220.578 RSC Limited
PT Pertamina Pedeve Indonesia 2.477.682.000 5,99 1.238.841.000.000 88.607 PT Pertamina Pedeve Indonesia
Lain-lain - Publik (masing- masing
di bawah 5%) 4.140.578.700 10,00 2.070.289.350.000 147.087 Others - Public (each below 5%)
Jumlah 41.396.142.000 100,00 20.698.071.000.000 1.470.520 Total
Saham biasa memberikan hak kepada Ordinary shares entitle the holder to participate
pemegangnya untuk memperoleh dividen dan in dividends and the proceeds on winding up of
hasil dari pembubaran perusahaan sesuai the Company in proportion to the number of and
dengan proporsi jumlah dan jumlah yang amounts paid on the shares held.
dibayarkan atas saham yang dimiliki.
b. Tambahan modal disetor b. Additional paid-in capital
Rincian tambahan modal disetor pada tanggal The details of additional paid-in capital as of
31 Desember 2024 dan 2023 adalah sebagai December 31, 2024 and 2023, are as follows:
berikut:
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
Selisih nilai nominal dengan Difference in nominal value
penerimaan setoran modal 256.226 255.043 to proceeds of share capital
Difference in foreign exchange
Selisih kurs atas modal disetor (27.487) (27.487) rate on paid-in capital
Biaya penerbitan saham dalam Stock issuance costs related
rangka penawaran umum perdana (18.640) (18.640) to initial public offering
Kompensasi berbasis saham 5.998 2.413 Share-based compensation
Perbedaan antara nilai wajar Difference between fair value and
dan nilai buku aset tetap net book value of fixed assets
milik Pertamina yang dialihkan (27.804) (27.804) transferred from Pertamina
Jumlah 188.293 183.525 Total
Page 704
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/73 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
18. EKUITAS YANG DAPAT DIATRIBUSIKAN 18. EQUITY ATTRIBUTABLE TO OWNERS OF THE
KEPADA PEMILIK ENTITAS INDUK (lanjutan) PARENT (continued)
b. Tambahan modal disetor (lanjutan) b. Additional paid-in capital (continued)
Selisih nilai nominal dengan penerimaan setoran The difference between the nominal value and
modal merupakan selisih antara penerimaan the receipt of paid-in capital is the receipt in the
dalam rangka penawaran umum saham perdana context of the initial public offering of shares and
dengan nilai nominal saham baru yang tercatat. the par value of the newly registered shares.
Selisih kurs atas modal disetor merupakan The difference in foreign exchange rate on paid-
selisih antara kurs pada saat setoran modal in capital represents the difference between the
diterima dari pemegang saham dengan kurs exchange rates prevailing when the actual
yang digunakan untuk menentukan nilai nominal capital contributions were received from the
saham. stockholders and the exchange rate used to
determine the par value.
Biaya emisi saham merupakan biaya transaksi Share issuance costs are transaction costs
yang timbul dari aktivitas Penawaran Umum arising from the Initial Public Offering, including
Saham Perdana, antara lain mencakup biaya registration fees and other regulatory fees and
pendaftaran dan komisi lain yang ditetapkan, service fees paid to legal counsel, accountants,
jasa yang dibayarkan kepada penasehat hukum, and others.
akuntan, dan lain-lain.
Perbedaan nilai wajar dan nilai buku aset milik The difference between fair value and net book
Pertamina yang dialihkan merupakan value of fixed assets transferred from Pertamina
pengalihan aset panas bumi milik Pertamina represents the geothermal assets of Pertamina,
kepada Perusahaan (Catatan 2) yang diukur which were transferred to the Company (Note 2)
pada nilai wajar saat pengalihan. Pertamina and measured at fair value. Pertamina
menunjuk penilai independen KJPP Antonius appointed an independent appraiser KJPP
Setiady dan Rekan, untuk melakukan penilaian Antonius Setiady dan Rekan, to perform a fair
nilai wajar atas aset yang dialihkan sesuai value assessment for the assets were
dengan laporan No. KJPP-2010-011. transferred, following the report No. KJPP-
2010-011.
Kompensasi Berbasis Saham Share-based compensation
Perusahaan telah mengumumkan kepada Bursa The Company has announced to Bursa Efek
Efek Indonesia untuk menerbitkan MESOP Indonesia to issue MESOP with total of
dengan total 630.398.000 (angka penuh) opsi 630,398,000 (full number) stock options which
lembar saham yang akan dilakukan melalui will be exercised in several phases.
beberapa tahap.
Tujuan Program MESOP ini adalah untuk The MESOP Program aims to retain employees
mempertahankan karyawan demi pertumbuhan for the Group’s long-term growth and profitability
jangka panjang dan profitabilitas Grup dan untuk and provide rewards and incentives to
memberikan penghargaan dan insentif yang spur participants' performance. Participants of
dapat memacu kinerja peserta. Peserta program the MESOP program are the Board of Directors,
MESOP adalah Direksi, Dewan Komisaris Board of Commissioners (except Independent
(kecuali Komisaris Independen), dan karyawan Commissioners), and permanent and non-
tetap dan tidak tetap Perseroan yang aktif permanent employees of the Grup who are
bekerja dan memenuhi ketentuan pada saat actively working and meet the conditions when
Program MESOP ditawarkan. the MESOP Program is offered.
Page 705
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/74 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
18. EKUITAS YANG DAPAT DIATRIBUSIKAN 18. EQUITY ATTRIBUTABLE TO OWNERS OF THE
KEPADA PEMILIK ENTITAS INDUK (lanjutan) PARENT (continued)
b. Tambahan modal disetor (lanjutan) b. Additional paid-in capital (continued)
Kompensasi Berbasis Saham (lanjutan) Share-based compensation (continued)
Periode pelaksanaan program MESOP tahap I The implementation period of the MESOP
telah diberikan pada tanggal 23 September 2023 program phase I was granted on September 23,
dengan harga pelaksanaan opsi senilai Rp648 2023, with an exercise price of Rp648 (full
(nilai penuh). Jumlah opsi yang diberikan adalah amount). The number of options granted is
sebesar 130.652.456 lembar saham dengan 130,652,456 shares with vesting schedule until
jadwal vesting hingga 23 Februari 2024. Periode February 23, 2024. The exercise period of the
pelaksanaan hak opsi tahap 1 ini dibagi menjadi first tranche of options is divided into six times
enam kali periode jendela pelaksanaan pada i) windows exercise periods on i) February 24,
24 Februari 2024, ii) 24 Agustus 2024, iii) 24 2024, ii) August 24, 2024 iii) February 24, 2025,
Februari 2025, iv) 24 Agustus 2025, v) 24 iv) August 24, 2025, v) February 24, 2026, vi)
Februari 2026 dan vi) 24 Agustus 2026. Masing- August 24, 2026. Each such period lasts 30
masing periode tersebut dilakukan selama 30 trading days and expires on January 26, 2027.
hari bursa dengan tanggal kadaluarsa 26 As of December 31, 2024, the number of
Januari 2027. Sampai dengan 31 Desember options that have been executed is 107,379,430
2024 jumlah opsi yang telah dieksekusi adalah and the remaining of 23,273,026 has not been
sebesar 107.379.430 dan sisanya sebesar executed.
23.273.026 belum dieksekusi.
Periode pelaksanaan program MESOP tahap II The implementation period of the MESOP
telah diberikan pada tanggal 24 Februari 2024 program phase II was granted on February 24,
dengan harga pelaksanaan opsi senilai Rp1.087 2024 with an exercise price of Rp1,087 (full
(nilai penuh). Jumlah opsi yang diberikan adalah amount). The number of options granted is
sebesar 252.159.200 lembar saham dengan 252,159,200 shares with vesting schedule until
jadwal vesting hingga 23 Agustus 2024. Periode August 23, 2024. The exercise period of the
pelaksanaan hak opsi tahap 2 ini dibagi menjadi second tranche of options is divided into five
lima kali periode jendela pelaksanaan pada i) 24 times windows exercise periods on i) August 24,
Agustus 2024, ii) 24 Februari 2025, iii) 24 2024 ii) February 24, 2025, iii) August 24, 2025,
Agustus 2025, iv) 24 Februari 2026 dan v) 24 iv) February 24, 2026, v) August 24, 2026. Each
Agustus 2026. Masing-masing periode tersebut such period lasts 30 trading days and expires on
dilakukan selama 30 hari bursa dengan tanggal January 26, 2027. As of December 31, 2024,
kadaluarsa 26 Januari 2027. Sampai dengan 31 the number of options that have been executed
Desember 2024 jumlah opsi yang telah is 4,502,719 per share and the remaining
dieksekusi adalah sebesar 4.502.719 dan 247,656,481 have not been executed.
sisanya sebesar 247.656.481 belum dieksekusi.
Rata-rata tertimbang harga saham pada tanggal The weighted average share price on the
eksekusi selama tahun berjalan adalah Rp666 execution date during the year was Rp666 (full
(niai penuh) amount)
Kompensasi Berbasis Saham diselesaikan Share-based Compensation with Equity-settled
melalui lnstrumen Ekuitas. Nilai wajar dari setiap Payment. The fair value of each option right with
hak opsi yang diselesaikan dengan instrumen equity-settled payment, for the shares to be
ekuitas, untuk saham yang diterbitkan pada issued on exercise date, was estimated on the
tanggal pelaksanaan, diestimasi pada setiap grant date using market price whereby the
tanggal pemberian hak opsi dengan Company in substance will pay on behalf of the
menggunakan harga pasar untuk saham yang Group’s employees and the black-scholes
Perusahaan akan bayarkan atas nama merton (“BSM”) option pricing model whereby
Karyawan Grup dan model ”black-scholes the Group's employees will pay.
merton” (”BSM”) untuk saham yang Karyawan
Grup akan bayarkan sendiri.
Page 706
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/75 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
18. EKUITAS YANG DAPAT DIATRIBUSIKAN 18. EQUITY ATTRIBUTABLE TO OWNERS OF THE
KEPADA PEMILIK ENTITAS INDUK (lanjutan) PARENT (continued)
b. Tambahan modal disetor (lanjutan) b. Additional paid-in capital (continued)
Kompensasi Berbasis Saham (lanjutan) Share-based compensation (continued)
Model BSM MESOP tahap 1 menggunakan BSM MESOP phase I model uses the following
asumsi utama sebagai berikut: primary assumptions:
Harga saham saat tanggal pemberian opsi Share’s price at grant date
(angka penuh) Rp880 (full amount)
Harga pelaksanaan opsi (angka penuh) Rp648 Exercise price of option (full amount)
Volatilitas harga saham yang diharapkan 58% Exercise volatility of stock price
Suku bunga bebas risiko 5,57% - 6,04% Risk free interest rate
Model BSM MESOP tahap II menggunakan BSM MESOP phase II model uses the following
asumsi utama sebagai berikut: primary assumptions:
Harga saham saat tanggal pemberian opsi Share’s price at grant date
(angka penuh) Rp825 (full amount)
Harga pelaksanaan opsi (angka penuh) Rp1.087 Exercise price of option (full amount)
Volatilitas harga saham yang diharapkan 41,6% Exercise volatility of stock price
Suku bunga bebas risiko 6,08% - 6,48% Risk free interest rate
Grup membukukan pengukuran nilai wajar Group recorded the fair value measurement
atas hak opsi pada tanggal 31 Desember of option right on December 31, 2024 and
2024 dan 2023 sebagai provisi pada tahun 2023 as provision on the reporting period
berjalan, masing-masing sebesar US$1.590 amounted US$1,590 and US$2,412,
dan US$2.412. respectively.
c. Saldo laba c. Retained earnings
Berdasarkan Undang-undang Perseroan Under Indonesian Limited Company Law,
Terbatas, perusahaan diharuskan untuk companies must establish a statutory reserve
membuat penyisihan cadangan wajib hingga amounting to at least 20% of their issued and
sekurang-kurangnya 20% dari jumlah modal paid-up capital.
yang ditempatkan dan disetor penuh.
Berdasarkan Rapat Umum Pemegang Saham Based on the Annual General Meeting of
Tahunan (“RUPST”) tanggal 12 Mei 2023 para Shareholders (“AGMS”) on May 12, 2023,
pemegang saham menetapkan bahwa nilai shareholders determined that the reserve value
cadangan sebesar US$27.319 juta sebagai sisa was US$27,319 million, which was the
laba bersih tahun buku 2022 setelah dibagikan remaining net profit for the 2022 financial year
sebagai dividen, dialokasikan dan dibukukan after being distributed as dividends, allocated,
sebagai cadangan, termasuk untuk mendukung and recorded as reserves, including to support
kegiatan operasional dan pengembangan the Company's operational and development
Perusahaan. activities.
Berdasarkan RUPST tanggal 28 Mei 2024 yang Based on the AGMS on May 28, 2024, the
hasilnya dituangkan dalam Akta Notaris No. 71 results of which were stated in Notarial Deed
tanggal 28 Mei 2024, oleh Notaris Ir. Nanette No. 71, dated 28 May 2024, by Notary Ir.
Cahyanie Handari Adi Warsito, S.H., para Nanette Cahyanie Handari Adi Warsito, S.H.,
pemegang saham telah menyetujui penggunaan shareholders have approved the use of the
laba bersih Perusahaan tahun buku 2023 untuk Company's net profit for the 2023 financial year
tambahan alokasi cadangan wajib sebesar for an additional mandatory reserve allocation
US$35.169. Perseroan tidak mengalokasikan of US$35,169. The Company does not allocate
untuk cadangan lainnya any other reserves.
Page 707
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/76 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
18. EKUITAS YANG DAPAT DIATRIBUSIKAN 18. EQUITY ATTRIBUTABLE TO OWNERS OF THE
KEPADA PEMILIK ENTITAS INDUK (lanjutan) PARENT (continued)
c. Saldo laba (lanjutan) c. Retained earnings (continued)
Saldo laba yang sudah ditentukan The balance of the appropriated retained
penggunaannya pada tanggal 31 Desember earnings as of December 31, 2024 and 2023,
2024 dan 2023 adalah sebesar US$167.438 dan amounting to US$167,438 and US$132,269,
US$132.269. respectively.
19. KEPENTINGAN NON-PENGENDALI 19. NON-CONTROLLING INTERESTS
Kepentingan nonpengendali merupakan bagian Non-controlling interests represent the non-
pemegang saham nonpengendali atas ekuitas controlling shareholders’ portion of equity of the
entitas anak sebagai berikut: following subsidiaries:
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
PT Pertamina Geothermal PT Pertamina Geothermal
Energy Kotamobagu 6 6 Energy Kotamobagu
PT Geothermal Energi Seulawah 410 218 PT Geothermal Energi Seulawah
Jumlah 416 224 Total
20. PENDAPATAN 20. REVENUES
2024 2023
Operasi Sendiri - pihak berelasi Own Operations - related parties
PT PLN Indonesia Power (Catatan 26b) PT PLN Indonesia Power (Note 26b)
Kamojang 69.865 67.236 Kamojang
Ulubelu 42.647 2.542 Ulubelu
Lahendong 37.503 3.488 Lahendong
PLN (Catatan 26b) PLN (Note 26b)
Kamojang 77.900 76.893 Kamojang
Ulubelu 71.516 111.784 Ulubelu
Lahendong 42.294 76.308 Lahendong
Lumut Balai 40.122 39.311 Lumut Balai
Karaha 8.684 8.931 Karaha
Subjumlah Penjualan Operasi Sendiri 390.531 386.493 Subtotal Own Operations Sales
Production allowances - Production allowances -
pihak ketiga (Catatan 2b) 16.589 19.795 third parties (Note 2b)
Jumlah 407.120 406.288 Total
Penjualan uap dan listrik kepada pelanggan Sales of steam and electricity to customers are based
dilakukan berdasarkan PJBU dan PJBL. Terhitung on SSCs and ESCs. Starting January 1, 2024,
mulai 1 Januari 2024, terdapat pengalihan PT PLN (Persero) transferred the invoice admission
penerimaan tagihan dan pembayaran penjualan uap and payment for steam sales of Ulubelu and
area Ulubelu dan Lahendong dari PT PLN (Persero) Lahendong to its subsidiary, PT PLN Indonesia
ke anak usahanya yaitu PT PLN Indonesia Power. Power.
Page 708
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/77 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
21. BEBAN POKOK PENDAPATAN DAN BIAYA 21. COST OF REVENUE AND OTHER DIRECT COST
LANGSUNG LAINNYA
2024 2023
Beban penyusutan 113.333 110.631 Depreciation Expenses
Upah dan tunjangan 25.081 22.372 Salaries and allowances
Tenaga kerja dan Manpower and
jasa profesional 8.668 7.712 professional services
Jasa teknik 5.938 6.758 Technical/specialist service
Material dan peralatan 3.340 4.288 Materials and equipment
Sewa (Catatan 10) 2.717 2.255 Rental (Note 10)
Perjalanan dinas 2.456 1.954 Travel
Asuransi 2.084 1.003 Insurance
Lain-lain 1.268 1.379 Others
Jumlah 164.885 158.352 Total
22. BEBAN UMUM DAN ADMINISTRASI 22. GENERAL & ADMINISTRATIVE EXPENSES
2024 2023
Upah dan tunjangan 15.141 11.001 Salaries and allowances
Tenaga kerja dan jasa profesional 6.540 7.978 Manpower and professional
Biaya jasa keuangan 4.250 544 Financial service fee
Promosi dan sponsorship 1.381 848 Promotion and sponsorship
Pengembangan lingkungan 1.178 909 Community development
Perjalanan dinas 1.074 548 Travel Expense
Material dan peralatan 878 673 Material and equipment
Sewa (Catatan 10) 655 1.154 Rental (Note 10)
Jasa teknik 84 531 Technical/specialist service
Lain-lain 326 1.965 Others
Jumlah 31.507 26.151 Total
23. PENDAPATAN DAN BEBAN KEUANGAN 23. FINANCE INCOME AND EXPENSES
a. Pendapatan keuangan a. Finance income
2024 2023
Bunga deposito 24.163 12.502 Interest from time deposits
Bunga jasa giro 9.239 9.494 Interest from current account
Lain-lain 163 175 Others
Jumlah 33.565 22.171 Total
b. Beban keuangan b. Finance expenses
2024 2023
Bunga obligasi 23.805 9.640 Bonds interest
Bunga pinjaman Long-term loan
jangka panjang 8.211 8.242 interest
Bunga atas sewa (Catatan 10) 98 139 Interest on lease (Note 10)
Bunga pinjaman Short-term loan
jangka pendek - 6.194 interest
Jumlah 32.114 24.215 Total
Page 709
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/78 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
24. (BEBAN)/PENDAPATAN LAIN-LAIN, BERSIH 24. OTHER (EXPENSE)/INCOME, NET AND GAIN
DAN LABA SELISIH KURS FOREIGN EXCHANGE
a. Pendapatan/(beban) lain-lain, bersih a. Other income/(expense), net
2024 2023
Dividen 1.994 3.748 Dividends
Penjualan kredit karbon 593 762 Carbon credit sales
Pendapatan dari denda kontrak Income from penalties contracts
dan pembelian material 237 751 and materials purchases
Penyisihan penurunan
nilai persediaan (1.653) (409) Inventory provision
Lain-lain, bersih (1.628) (582) Others, net
Jumlah (457) 4.270 Total
b. Laba selisih kurs b. Gain foreign exchange
Laba/(rugi) selisih kurs terutama berasal dari Gain/(loss) on foreign exchange mainly resulted
translasi aset dan liabilitas moneter dalam mata from the translation of assets and liabilities in
uang asing dan perbedaan nilai tukar transaksi foreign currencies and differences in exchange
dari kegiatan usaha Grup dalam mata uang rates on the Group’s operational transactions
asing, terutama disebabkan oleh perubahan nilai denominated in foreign currencies, primarily due
tukar dolar AS terhadap Yen Jepang dan to changes in the exchange rate of the US dollar
Rupiah. against the Japanese Yen and Rupiah.
25. PERPAJAKAN 25. TAXATION
a. PPN yang dapat ditagihkan kembali a. Reimbursable VAT
Berdasarkan Keputusan Menteri Keuangan Following the Decision Letter of the Minister of
No. 766/KMK.04/1992 tanggal 13 Juli 1992 dan Finance No. 766/KMK.04/1992, dated July 13,
amandemennya No. 209/KMK.04/1998 tanggal 1992, and its amendment
9 April 1998, permintaan pengembalian PPN No. 209/KMK.04/1998, dated April 9, 1998,
kepada Direktorat Jenderal Anggaran (“DJA”) requests for reimbursements of VAT may be
Kementerian Keuangan dapat diajukan apabila made to the Directorate General of Budgeting
masing-masing wilayah kerja panas bumi yang (“DGB”) of the Ministry of Finance once the
terkait telah menghasilkan keuntungan. Jumlah related geothermal working areas have
PPN yang dapat dikembalikan tersebut generated income. The maximum reimbursable
maksimal sebesar bagian Pemerintah yang VAT amount is limited to the Government’s
telah disetorkan untuk masing-masing wilayah share of revenue from the respective working
kerja (Catatan 3p). areas, being the income tax paid by the
Company (Note 3p).
Page 710
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/79 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
25. PERPAJAKAN (lanjutan) 25. TAXATION (continued)
a. PPN yang dapat ditagihkan kembali (lanjutan) a. Reimbursable VAT (continued)
Berdasarkan Peraturan Menteri Keuangan Based on the Regulation of Minister of Finance
Republik Indonesia No. 142/PMK.02/2013 No. 142/PMK.02/2013 dated October 18, 2013,
tanggal 18 Oktober 2013, seluruh PPN yang all reimbursable VAT paid under the Company’s
dapat ditagihkan kembali yang telah disetor atas name and tax number will be reimbursed to the
nama dan nomor pokok wajib pajak Perusahaan Company based on the amount approved by the
akan dibayarkan kepada Perusahaan DGB.
berdasarkan jumlah pengembalian yang
disetujui oleh DJA.
Mutasi saldo PPN yang dapat ditagihkan Movements of reimbursable VAT during
kembali selama 31 Desember 2024 dan 2023 December 31, 2024 and 2023, are as follows:
adalah sebagai berikut:
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
Saldo awal 114.477 106.586 Beginning balance
Penambahan selama Additions
tahun berjalan 14.260 11.921 during the years
Dibebankan ke laba/rugi Charged to profit/loss
tahun berjalan (220) (868) during the years
Pengembalian selama Reimbursements
tahun berjalan (7.790) (406) during the years
Efek perubahan Effect of exchange
nilai kurs (5.092) (2.756) rate changes
Saldo akhir 115.635 114.477 Ending balance
Bagian lancar 17.175 5.492 Current portion
Bagian tidak lancar 98.460 108.985 Non-current portion
Jumlah 115.635 114.477 Total
PPN yang dapat ditagihkan kembali 122.907 121.529 Reimbursable-VAT
Penyisihan keterpulihan PPN (7.272) (7.052) Provision for uncollectible VAT
Jumlah, bersih 115.635 114.477 Total, net
Saldo bagian lancar PPN yang dapat ditagihkan The current portion of reimbursable VAT
kembali merupakan jumlah PPN yang represents VAT expected to be reimbursed by
diharapkan pengembaliannya dari DJA dalam the DGB within one year from the statements of
kurun waktu satu tahun sejak tanggal laporan financial position dates based on management’s
posisi keuangan yang ditentukan berdasarkan best estimate.
estimasi terbaik manajemen.
Page 711
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/80 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
25. PERPAJAKAN (lanjutan) 25. TAXATION (continued)
b. Tagihan pengembalian pajak b. Claim for tax refund
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
PPN - 291 VAT
Jumlah - 291 Total
Tagihan pengembalian pajak merupakan kurang The claim for tax refund represents an
bayar pajak pertambahan nilai sesuai Surat underpayment of value-added tax based on the
Ketetapan Pajak Kurang Bayar tahun pajak Underpayment Tax Assessment Letter for the
2018 yang diterima Perusahaan pada tanggal 24 fiscal year 2018, which was received on May 24,
Mei 2023. Atas hal ini, Perusahaan menerbitkan 2023. Regarding this matter, the Company
surat keberatan kepada Direktorat Jendral Pajak issued an objection letter to the Director General
(“DJP”). Pada tanggal 30 April 2024, DJP telah of Tax (“DJP”). On April 30, 2024, DJP has
mengembalikan kurang bayar atas keberatan returned the underpayment based on the
yang diajukan Perusahaan. objection submitted by the Company.
c. Utang Pajak c. Tax Payable
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
Pajak penghasilan Income taxes
- Pasal 4(2) 248 44 Article 4 (2) -
- Pasal 21 774 2.164 Article 21 -
- Pasal 23/26 205 205 Article 23/26 -
- Pasal 29 Article 29 -
2024: 1.548 - 2024:
2023: - 13.545 2023:
2021: 331 528 2021:
Kurang bayar beban Underpayment of
Pajak penghasilan - 91 income tax expense
PPN 2.649 1.430 VAT
Jumlah 5.755 18.007 Total
d. Beban pajak penghasilan d. Income tax expense
2024 2023
Kini 59.813 77.353 Current
Tangguhan 8.044 (53) Deferred
Kekurangan pencadangan Under provision
pada tahun-tahun sebelumnya - 91 in prior years
Jumlah 67.857 77.391 Total
Page 712
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/81 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
25. PERPAJAKAN (lanjutan) 25. TAXATION (continued)
d. Beban pajak penghasilan (lanjutan) d. Income tax expense (continued)
Perhitungan beban pajak penghasilan kini The calculation of current corporate income tax
adalah sebagai berikut: expense is as follows:
2024 2023
Laba konsolidasian sebelum Consolidated profit before
pajak penghasilan 228.160 240.961 income tax expense
Rugi sebelum pajak - Loss before income
Entitas Anak 809 140 tax - Subsidiaries
Laba sebelum beban Income before
pajak penghasilan 228.969 241.101 income tax expense
Beda temporer: Temporary differences:
Biaya provisi imbalan Provision for employee benefits
- karyawan Perusahaan (6.705) (2.204) - direct hire employees
Program kepemilikan saham Management and employee
manajemen dan karyawan 2.163 - stock ownership program
Aset hak guna (360) 1.859 Right of use assets
Utang pihak yang berelasi Related party payables
beban imbalan seconded employees
karyawan perbantuan 568 628 benefits costs
Penyisihan penurunan Allowance for decline in value
nilai persediaan 2.136 - of inventory
Penyisihan penurunan
nilai pengembalian PPN 220 - VAT reimbursement provision
Penyusutan (21.680) (128) Depreciation expense
Subjumlah beda Subtotal temporary
temporer (23.658) 155 differences
Beda tetap: Permanent differences:
Donasi 1.731 981 Donations
Serap laba ventura bersama (453) - Share profit of joint venture
Beban promosi dan Promotion and
representasi 1.312 561 representation expenses
Kompensasi karyawan 950 3.123 Employee compensation
Lain-lain 547 2.716 Others
Pendapatan bunga yang
sudah terkena pajak Interest income
penghasilan final (33.478) (21.128) subject to final tax
Subjumlah beda tetap (29.391) (13.747) Subtotal permanent differences
Pendapatan kena pajak 175.921 227.509 Taxable income
Tarif pajak 34% 34% Tax rate
Beban pajak penghasilan Current income tax expense
kini – Perusahaan 59.813 77.353 the Company -
Beban pajak penghasilan Current income tax expense
kini – Entitas Anak - - Subsidiaries -
Beban pajak penghasilan Consolidated current income
kini konsolidasian 59.813 77.353 tax expense
Page 713
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/82 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
25. PERPAJAKAN (lanjutan) 25. TAXATION (continued)
d. Beban pajak penghasilan (lanjutan) d. Income tax expense (continued)
Rekonsiliasi antara laba sebelum beban pajak The reconciliation between income before
penghasilan dari kegiatan usaha panas bumi income tax expense from geothermal activities
dengan pendapatan kena pajak yang terkena and taxable income subject to tax under the
aturan pajak khusus panas bumi adalah sebagai geothermal tax regime is as follows:
berikut:
2024 2023
Laba konsolidasian sebelum Consolidated profit before
pajak penghasilan 228.160 240.961 income tax expense
Tarif pajak 34% 34% Tax rate
Pajak penghasilan dengan Income tax
tarif pajak efektif 77.574 81.927 at the effective tax rate
Kompensasi karyawan 323 1.062 Employee compensation
Serap laba ventura bersama (154) - Share profit of joint venture
Donasi 589 334 Donations
Beban promosi dan Promotion and
representasi 446 191 representation expense
Lain-lain 187 922 Others
Pendapatan bunga yang
sudah terkena pajak Interest income
penghasilan final (11.383) (7.183) subject to final tax
Kekurangan pencadangan
pada tahun-tahun Under provision
sebelumnya - 91 in prior years
Pengaruh pajak atas Tax effects on loss in
rugi entitas anak 275 47 tax expense
Beban pajak penghasilan Consolidated income
konsolidasian 67.857 77.391 tax expense
Perhitungan utang pajak kini terutang pada The analysis of the current income tax payable
tanggal 31 Desember 2024 dan 2023, adalah as at December 31, 2024 and 2023, is as
sebagai berikut: follows:
31 Desember/ 31 Desember/
December 31, December 31
2024 2023
Beban pajak penghasilan kini dari Current income tax expense
kegiatan usaha panas bumi 59.813 77.353 involving geothermal activities
Dikurangi: Less:
Pajak penghasilan badan Payment of corporate
yang sudah dibayar (55.438) (60.977) income tax
Pajak penghasilan dibayar Payment of income tax
dimuka pasal 22 dan 23 (2.827) (2.831) article 22 and 23
Utang pajak penghasilan badan 1.548 13.545 Corporate income tax payable
Page 714
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/83 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
25. PERPAJAKAN (lanjutan) 25. TAXATION (continued)
d. Beban pajak penghasilan (lanjutan) d. Income tax expense (continued)
Jumlah penghasilan kena pajak dan beban The amounts of the Company’s taxable income
pajak penghasilan kini Perusahaan untuk tahun and current income tax expense for 2024 as a
2024 seperti yang disebutkan di atas dan utang forested and the related income tax payables
pajak penghasilan terkait telah dilaporkan oleh have been reported in the Company’s Annual
Perusahaan dalam Surat Pemberitahuan Pajak Tax Returns for the fiscal year 2024 to the Tax
Penghasilan Badan tahun 2024 ke Kantor Pajak. Office.
e. Pajak tangguhan e. Deferred tax
31 Desember/December 31, 2024
Dikreditkan/ Diakui di
(dibebankan) penghasilan
ke laporan komprehensif
laba-rugi/ lain/Charged
Saldo awal/ Credited/ to other Saldo akhir/
Beginning (charged) to comprehensive Ending
balance profit or loss income balance
Provisi imbalan pekerja Provision for secondee
perbantuan 1.386 192 (182) 1.396 employee benefits obligations
Provisi imbalan karyawan Provision for direct hire
perusahaan 5.035 (2.280) (675) 2.080 employee benefits obligations
Perubahan nilai wajar Changes in fair value
aset keuangan (9.860) - 2.477 (7.383) on financial assets
Program kepemilikan saham Management and employee
manajemen dan karyawan - 736 - 736 stock ownership program
Aset hak guna 33 (122) - (89) Right of use assets
Penyisihan penurunan
nilai persediaan - 726 726 Inventory provision
Provisi atas PPN yang Provision for
dapat ditagihkan kembali 2.102 75 - 2.177 reimbursable VAT
Aset tetap (14.162) (7.371) - (21.533) Fixed assets
Jumlah (15.466) (8.044) 1.620 (21.890) Total
31 Desember/December 31, 2023
Dikreditkan/ Diakui di
(dibebankan) penghasilan
ke laporan komprehensif
laba-rugi/ lain/Charged
Saldo awal/ Credited/ to other Saldo akhir/
Beginning (charged) to comprehensive Ending
balance profit or loss income balance
Provisi imbalan pekerja Provision for secondee
perbantuan 1.158 214 14 1.386 employee benefits obligations
Provisi imbalan karyawan Provision for direct hire
perusahaan 5.659 (749) 125 5.035 employee benefits obligations
Perubahan nilai wajar Changes in fair value
aset keuangan (8.105) - (1.755) (9.860) on financial assets
Aset hak guna (599) 632 - 33 Right of use assets
Provisi atas PPN yang Provision for
dapat ditagihkan kembali 2.102 - - 2.102 reimbursable VAT
Aset tetap (14.118) (44) - (14.162) Fixed assets
Jumlah (13.903) 53 (1.616) (15.466) Total
f. Audit pemerintah f. Government audit
Pada tahun 2023, Badan Pengawasan In 2023, the Finance and Development
Keuangan dan Pembangunan mengeluarkan Supervisory Agency issued its 2019 and 2020
laporan hasil audit tahun 2019 dan 2020 yang audit reports, which stated underpayment of the
menyatakan kekurangan setoran bagian Government’s portion with the total amount of
Pemerintah dengan total nilai sebesar Rp1,416,607,984 (total amount) or equivalent to
Rp1.416.607.984 (nilai penuh) atau ekuivalen US$90,628 (total amount), which was paid on
US$90.628 (nilai penuh) yang telah dibayarkan January 4, 2024.
pada tanggal 4 Januari 2024.
Page 715
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/84 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
25. PERPAJAKAN (lanjutan) 25. TAXATION (continued)
g. Administrasi g. Administration
Undang-undang Perpajakan yang berlaku di The taxation laws of Indonesia require that each
Indonesia mengatur bahwa masing-masing company in the Group submit individual tax
entitas dalam Grup menghitung, menetapkan, returns based on self-assessment. Under the
dan membayar sendiri besarnya jumlah pajak prevailing regulations, the DJP may assess or
yang terutang secara individu. Berdasarkan amend taxes, currently within five years of the
peraturan perundang-undangan yang berlaku, time the tax becomes due.
DJP dapat menetapkan atau mengubah jumlah
pajak terutang, dalam batas waktu lima tahun
sejak saat terutangnya pajak.
26. SALDO DAN TRANSAKSI DENGAN PIHAK YANG 26. RELATED PARTY BALANCES AND
BERELASI TRANSACTIONS
a. Sifat dari transaksi dengan pihak yang a. Nature of related party transactions
berelasi
Transaksi pihak yang berelasi antara Grup Related party transactions between the Group
dengan Pertamina dan anak perusahaannya and Pertamina and its subsidiaries consist of
meliputi pembiayaan, pembebanan imbalan financing, the allocation of seconded employees
kerja karyawan perbantuan, pembebanan biaya past service cost, interest expense, insurance
bunga, biaya asuransi, dividen, dan transaksi expense, dividend, and other goods/services
penyerahan barang/jasa lainnya. transactions.
Sifat dan relasi dengan pihak-pihak yang The nature of the relationships with the related
mengadakan transaksi dengan Perusahaan: parties are as follows:
Hubungan/ Pihak-pihak yang berelasi/ Sifat transaksi/
Relations Related parties Nature of transaction
● Pemegang saham tidak langsung/ PT Pertamina (Persero) ("Pertamina") Pembelian barang dan jasa dan
Indirect shareholders pinjaman pemegang saham/
purchases of goods and service
and loan from shareholder
● Pemegang saham langsung/ PT Pertamina Power Indonesia (“PPI”) Pembayaran dividen, pembelian
Direct shareholders barang dan jasa, pendapatan/
Dividend payment purchases of
Goods and service, income
PT Pertamina Pedeve Indonesia Pembayaran dividen/
(”Pedeve”) Dividend payment
● Entitas di bawah pengendalian yang PT Pertamina Hulu Energi (“PHE”) Pendapatan dividen/
sama/ Entity under common control Dividend income
PT Pertamina Patra Niaga (“Patra Niaga”) Pembelian barang dan jasa/
PT Patra Jasa (“Patra Jasa”) Purchase of goods and services
PT Asuransi Tugu Pratama Indonesia Tbk
(“ATPI”)
PT Pertamina Bina Medika IHC
(“Pertamedika”)
PT Pertamina Training & Consulting
(“PTC”)
PT Pratama Mitra Sejati (“PMS”)
PT Pertamina Drilling Services (“PDSI”)
PT Mitra Tour & Travel (“Mitratour”)
PT Prima Armada Raya (“PAR”)
Page 716
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/85 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
26. SALDO DAN TRANSAKSI DENGAN PIHAK YANG 26. RELATED PARTY BALANCES AND
BERELASI (lanjutan) TRANSACTIONS (continued)
a. Sifat dari transaksi dengan pihak yang a. Nature of related party transactions
berelasi (lanjutan) (continued)
Sifat dan relasi dengan pihak-pihak yang The nature of the relationships with the related
mengadakan transaksi dengan Perusahaan: parties are as follows:
Hubungan/ Pihak-pihak yang berelasi/ Sifat transaksi/
Relations Related parties Nature of transaction
● Ventura bersama/Joint venture PT Cahaya Anagata Energy (”CAE”)
● Entitas berelasi dengan Pemerintah/ PT PLN (Persero) (“PLN”) Penjualan uap dan listrik/
Government related entities PT PLN Indonesia Power Sales of steam and electricity
PT Bank Mandiri (Persero) Tbk Penempatan giro dan deposito/
(“Bank Mandiri”) current account and
PT Bank Negara Indonesia (Persero) Tbk time deposits
(“Bank BNI”)
PT Bank Rakyat Indonesia (Persero) Tbk
(“Bank BRI”)
PT Bank Tabungan Negara (Persero) Tbk
(“Bank BTN”)
PT Bank Syariah Indonesia (Persero) Tbk
(“Bank BSI”)
PT Wijaya Karya (Persero) Tbk (“Wika”) Pembelian barang dan jasa/
PT Telekomunikasi Indonesia Tbk Purchase of goods and services
(“Telkom”)
Direktorat Jenderal Anggaran (“DJA”) Perpajakan/taxation
b. Penjualan uap dan listrik b. Sales of steam and electricity
2024 2023
PT PLN (Persero) 240.516 313.227 PT PLN (Persero)
PT PLN Indonesia Power 150.015 73.266 PT PLN Indonesia Power
Jumlah 390.531 386.493 Total
Persentase terhadap total
pendapatan/
Percentage to total
revenues (%)
2024 2023
PT PLN (Persero) 59,1 77,1 PT PLN (Persero)
PT PLN Indonesia Power 36,8 18,0 PT PLN Indonesia Power
Jumlah 95,9 95,1 Total
Penjualan kepada PLN hanya atas penjualan Sales to PLN is only sales from the Group’s own
operasi sendiri Grup. operations.
Page 717
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/86 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
26. SALDO DAN TRANSAKSI DENGAN PIHAK YANG 26. RELATED PARTY BALANCES AND
BERELASI (lanjutan) TRANSACTIONS (continued)
c. Pembelian barang dan jasa c. Purchases of goods and services
2024 2023
Patra Niaga 7.100 9.280 Patra Niaga
PTC 3.844 2.520 PTC
PDSI 3.170 737 PDSI
ATPI 2.414 916 ATPI
Patra Jasa 2.091 1.928 Patra Jasa
PMS 2.008 1.753 PMS
Pertamedika 719 753 Pertamedika
PAR 577 500 PAR
Mitratour 503 1.593 Mitratour
Pertamina 449 572 Pertamina
Lain-lain (masing-masing
di bawah US$500) 264 889 Others (each below US$500)
Jumlah 23.139 21.441 Total
Persentase terhadap total
beban pokok pendapatan/
Percentage to total
cost of revenues (%)
2024 2023
Patra Niaga 3,8 5,2 Patra Niaga
PTC 2,0 1,4 PTC
PDSI 1,7 0,4 PDSI
ATPI 1,3 0,5 ATPI
Patra Jasa 1,1 1,1 Patra Jasa
PMS 1,1 1,0 PMS
Pertamedika 0,4 0,4 Pertamedika
PAR 0,3 0,3 PAR
Mitratour 0,3 0,9 Mitratour
Pertamina 0,2 0,3 Pertamina
Lain-lain 0,1 0,5 Others
Jumlah 12,3 12,0 Total
Barang dan jasa dibeli dari pihak-pihak yang Goods and services are bought from the
disebutkan di atas berdasarkan syarat-syarat abovementioned parties on standard
komersial. commercial terms and conditions.
d. Pendapatan bunga d. Interest income
Seluruh pendapatan bunga berasal dari bank All interest income was earned from state-owned
milik negara. banks.
e. Kas dan setara kas dan kas yang dibatasi e. Cash and cash equivalents and restricted
penggunaannya cash
Seluruh saldo kas dan setara kas dan kas yang All cash and cash equivalents, as well as
dibatasi penggunaannya ditempatkan pada restricted cash, are placed at state-owned.
bank milik negara.
Page 718
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/87 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
26. SALDO DAN TRANSAKSI DENGAN PIHAK YANG 26. RELATED PARTY BALANCES AND
BERELASI (lanjutan) TRANSACTIONS (continued)
f. Piutang usaha - pihak yang berelasi f. Trade receivables - related parties
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
PT PLN (Persero) 92.610 115.305 PT PLN (Persero)
PT PLN Indonesia Power 32.017 16.968 PT PLN Indonesia Power
Jumlah 124.627 132.273 Total
Persentase terhadap total aset/
Percentage to total assets (%)
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
PT PLN (Persero) 3,1 3,9 PT PLN (Persero)
PT PLN Indonesia Power 1,1 0,6 PT PLN Indonesia Power
Jumlah 4,2 4,5 Total
Piutang usaha dari PLN termasuk penjualan Trade receivables from PLN include pass-
pass-through dengan kontraktor KOB. Per through sales involving the JOC contractors. As
tanggal 31 Desember 2024 dan 2023, piutang of December 31, 2024 and 2023, trade
usaha dari transaksi pass-through masing- receivables arising from pass-through
masing sebesar US$67.093 dan US$67.382 transactions between the Group and KOB
(Catatan 6a). contractors amounted to US$67,093 and
US$67,382, respectively (Notes 6a).
g. Piutang lain-lain - pihak yang berelasi g. Other receivables - related parties
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
Bagian jangka pendek Current Portion:
PHE 1.994 2.574 PHE
DJA 1.016 2.120 DJA
PPI 659 134 PPI
Lain-lain (masing-masing
di bawah US$500) 372 592 Others (each below US$500)
Subjumlah 4.041 5.420 Subtotal
Bagian jangka panjang: Non-current portion:
PLN 7.529 8.256 PLN
Subjumlah 7.529 8.256 Subtotal
Jumlah 11.570 13.676 Total
Page 719
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/88 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
26. SALDO DAN TRANSAKSI DENGAN PIHAK YANG 26. RELATED PARTY BALANCES AND
BERELASI (lanjutan) TRANSACTIONS (continued)
g. Piutang lain-lain - pihak yang berelasi g. Other receivables - related parties (continued)
(lanjutan)
Persentase terhadap total asset/
Percentage to total assets (%)
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
Bagian jangka pendek: Current portion:
PHE 0,1 0,1 PHE
DJA 0,0 0,1 DJA
PPI 0,0 0,0
Lain-lain 0,0 0,0 Others
Subjumlah 0,1 0,2 Subtotal
Bagian jangka panjang: Current portion:
PLN 0,3 0,3 PLN
Subjumlah 0,3 0,3 Subtotal
Jumlah 0,4 0,5 Total
h. Utang usaha - pihak yang berelasi h. Trade payables - related parties
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
Patra Niaga 1.064 3.195 Patra Niaga
Wika 659 779 Wika
Lain-lain (masing-masing
di bawah US$500) 511 569 Others (each below US$500)
Jumlah 2.234 4.543 Total
Persentase terhadap total liabilitas/
Percentage to total liabilities (%)
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
Patra Niaga 0,1 0,3 Patra Niaga
Wika 0,1 0,1 Wika
Lain-lain 0,0 0,0 Others
Jumlah 0,2 0,4 Total
Page 720
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/89 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
26. SALDO DAN TRANSAKSI DENGAN PIHAK YANG 26. RELATED PARTY BALANCES AND
BERELASI (lanjutan) TRANSACTIONS (continued)
i. Utang lain-lain - pihak yang berelasi i. Other payables - related parties
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
Pertamina 7.296 25.561 Pertamina
ATPI 2.385 108 ATPI
Lain-lain (masing-masing
di bawah US$500) 456 283 Others (each below US$500)
Jumlah 10.137 25.952 Total
Persentase terhadap total liabilitas/
Percentage to total liabilities (%)
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
Pertamina 0,7 2,6 Pertamina
ATPI 0,2 0,0 ATPI
Lain-lain 0,1 0,0 Others
Jumlah 1,0 2,6 Total
j. Pinjaman jangka panjang - pihak yang j. Long-term loans - related party
berelasi
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
Bagian jangka pendek: Current portion:
Dolar AS 9.570 9.223 US dollar
Yen 5.602 6.277 Yen
Subjumlah 15.172 15.500 Subtotal
Bagian jangka panjang: Non-current portion:
Dolar AS 217.197 226.767 US dollar
Yen 110.850 88.316 Yen
Subjumlah 328.047 315.083 Subtotal
Jumlah pinjaman 343.219 330.583 Total loan
Page 721
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/90 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
26. SALDO DAN TRANSAKSI DENGAN PIHAK YANG 26. RELATED PARTY BALANCES AND
BERELASI (lanjutan) TRANSACTIONS (continued)
j. Pinjaman jangka panjang - pihak yang j. Long-term loans - related party (continued)
berelasi (lanjutan)
Persentase terhadap total liabilitas/
Percentage to total liabilities (%)
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
Bagian jangka pendek: Current portion:
Dolar AS 1,0 0,9 US dollar
Yen 0,6 0,6 Yen
Subjumlah 1,6 1,5 Subtotal
Bagian jangka panjang: Non-current portion:
Dolar AS 22,0 22,8 US dollar
Yen 11,2 8,9 Yen
Subjumlah 33,2 31,7 Subtotal
Jumlah pinjaman 34,8 33,2 Total loan
Pinjaman jangka panjang - pihak yang berelasi Long-term loans - related party represent loans
merupakan pinjaman dari Pertamina from Pertamina (Note 31b) to support the
(Catatan 31b) untuk membiayai belanja modal Group’s capital expenditures.
Grup.
Dalam pinjaman jangka panjang - pihak yang In the long-term loans, related parties include a
berelasi tersebut termasuk porsi penempatan portion of cash placement as an escrow
escrow account atas komitmen eksplorasi PGEL account of PGEL’s exploration commitment in
sebesar US$10.000, yang telah dikembalikan ke the amount of US$10,000, which was settled to
rekening giro Perusahaan pada tanggal 4 Maret the Company's current account on March 4,
2022. Perusahaan akan menggunakan 2022. The Company will utilise this loan to
pinjaman ini untuk komitmen eksplorasi atas explore the commitment of the Kotamobagu
wilayah kerja Kotamobagu. working area.
Beban keuangan, termasuk beban keuangan Finance costs, including capitalised finance
yang dikapitalisasi, merupakan beban yang expenses, are related to loans obtained from
timbul dari perjanjian pinjaman dengan Pertamina.
Pertamina.
Page 722
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/91 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
26. SALDO DAN TRANSAKSI DENGAN PIHAK YANG 26. RELATED PARTY BALANCES AND
BERELASI (lanjutan) TRANSACTIONS (continued)
k. Biaya yang masih harus dibayar - pihak yang k. Accrued expenses - related parties
berelasi
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
PDSI 2.293 598 PDSI
PTC 1.846 936 PTC
PMS 470 903 PMS
Pertamina 30 2.787 Pertamina
ATPI - 609 ATPI
Lain-lain (masing-masing
di bawah US$500) 518 1.426 Others (each below US500)
Jumlah 5.157 7.259 Total
Persentase terhadap total liabilitas/
Percentage to total liabilities (%)
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
PDSI 0,2 0,1 PDSI
PTC 0,2 0,1 PTC
PMS 0,0 0,1 PMS
Pertamina 0,0 0,3 Pertamina
ATPI - 0,1 ATPI
Lain-lain (masing-masing
dibawah US$500) 0,1 0,2 Others
Jumlah 0,5 0,9 Total
l. Kompensasi manajemen kunci l. Key management compensation
Manajemen kunci termasuk direksi dan personil Key management includes the directors and
lain yang mempunyai peran kunci dalam Grup. other key personnel having key roles in the
Kompensasi yang dibayar atau terutang untuk Group. The compensation paid or payable to key
manajemen kunci atas dasar jasa pekerja management for employee services is shown
adalah sebagai berikut: below:
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
Gaji dan imbalan pekerja Salaries and other short-term
jangka pendek 1.569 1.450 employee benefits
Imbalan pasca kerja 308 105 Post-employment benefits
Jumlah 1.877 1.555 Total
Page 723
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/92 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
27. DIVIDEN PER SAHAM 27. DIVIDENDS PER SHARE
Pada tanggal 5 Juni 2023 dalam Rapat Umum On June 5, 2023 at the Company's Annual General
Pemegang Saham Tahunan Perusahaan yang Meeting of Shareholders as outlined in Notarial Deed
dituangkan dalam Akta Notaris No. 01 tanggal 5 Juni No. 01 dated June 5, 2023, by Notary Ir. Nanette
2023, oleh Notaris Ir. Nanette Cahyanie Handari Adi Cahyanie Handari Adi Warsito, S.H., shareholders
Warsito, S.H., para pemegang saham telah have approved the distribution of cash dividends from
menyetujui pembagian dividen tunai yang berasal 2022 net profit of US$ 100,000 allocated as follows:
dari laba bersih tahun 2022 sebesar US$100.000
diperuntukkan sebagai berikut:
a) Pembagian dividen sebesar US$70.000 atau a) Distribution of cash dividends amounting to
US$0,002 (nilai penuh) per saham biasa, yang US$70,000 or US$0.002 (full amount) per
merupakan dividen interim yang dibayarkan common share, which is an interim dividend paid
pada tanggal 27 Januari 2023 kepada on January 27, 2023 to shareholders prior to the
pemegang saham sebelum Penawaran Umum Initial Public Offering of Shares, namely PT
Perdana Saham, yaitu PT Pertamina Power Pertamina Power Indonesia and PT Pertamina
Indonesia dan PT Pertamina Pedeve. Pedeve.
b) Pembagian dividen sebesar US$30.000 atau b) Distribution of dividends amounting to
US$0,001 (nilai penuh) per saham biasa, US$30,000 or US$0.001 (full amount) per
sebagai dividen tambahan yang akan diberikan common share, as additional dividends which
kepada pemegang saham sesuai porsinya. will be given to shareholders according to their
Yang telah dibayarkan pada tanggal 5 Juli 2023. portions. Which has been paid on July 5, 2023.
Pada tanggal 28 Mei 2024 dalam Rapat Umum On May 28, 2024 at the Company's Annual General
Pemegang Saham Tahunan Perusahaan yang Meeting of Shareholders as outlined in Notarial Deed
dituangkan dalam Akta Notaris No. 71 tanggal 28 Mei No. 71 dated 28 May 2024, by Notary Ir. Nanette
2024, oleh Notaris Ir. Nanette Cahyanie Handari Adi Cahyanie Handari Adi Warsito, S.H., shareholders
Warsito, S.H., para pemegang saham telah have approved the distribution of cash dividends from
menyetujui pembagian dividen tunai yang berasal 2023 net profit of US$128,400 or US$0.003 (full
dari laba bersih tahun 2023 sebesar US$128.400 amount) per common share. Payment of the 2023
atau US$0,003 (nilai penuh) per saham biasa. cash dividend was paid on June 28, 2024.
Pembayaran atas dividen tunai tahun 2023 tersebut
telah dibayarkan pada tanggal 28 Juni 2024.
Page 724
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/93 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
28. LABA PER SAHAM 28. EARNINGS PER SHARE
Rekonsiliasi perhitungan laba per saham adalah The reconciliation of earnings per share calculation
sebagai berikut: is as follows:
a. Laba per saham dasar a. Basic earnings per share
2024 2023
Laba periode berjalan Profit for
yang dapat diatribusikan the period attributable
kepada pemilik entitas induk 160.494 163.594 to owner of the parent
Jumlah rata-rata tertimbang Weighted average
saham 41.508.024.149 41.396.142.000 number of shares
Laba per saham dasar Earnings per share
diatribusikan kepada attributable to owners
pemilik entitas induk of the parent entity
(nilai penuh) 0,0039 0,0040 (full amount)
b. Laba per saham dilusian b. Diluted earnings per share
2024 2023
Laba periode berjalan Profit for
yang dapat diatribusikan the period attributable
kepada pemilik entitas induk 160.494 163.594 to owner of the parent
Jumlah rata-rata tertimbang Weighted average
saham 41.778.953.656 41.526.794.456 number of shares
Laba per saham dilusian Diluted earnings per share
diatribusikan kepada attributable to owners
pemilik entitas induk of the parent entity
(nilai penuh) 0,0038 0,0039 (full amount)
c. Jumlah rata-rata tertimbang saham yang c. Weighted average number of shares used as
digunakan sebagai penyebut the denominator
2024 2023
Jumlah rata-rata tertimbang saham Weighted average number of
yang digunakan sebagai ordinary shares used as
penyebut dalam perhitungan the denominator in calculating
laba per saham dasar 41.508.024.149 41.396.142.000 basics earning per share
Penyesuaian untuk perhitungan Adjustment for calculation of
laba per saham dilusian: diluted earning per share:
Kompensasi berbasis saham 270.929.507 130.652.456 Share-based compensation
Jumlah rata-rata tertimbang saham Weighted average number of
yang digunakan sebagai ordinary shares used as
penyebut dalam perhitungan the denominator in calculating
laba per saham dilusian 41.778.953.656 41.526.794.456 diluted earning per share
Pada tanggal 31 Desember 2024 dan 2023, As of December 31, 2024 and 2023, share-based
kompensasi berbasis saham yang diberikan compensation granted to employees is dilutive
kepada karyawan bersifat dilutif dan disajikan and presented in the consolidated statements of
pada laporan laba rugi dan penghasilan profit or loss and other comprehensive income.
komprehensif lain konsolidasian.
Page 725
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/94 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
29. ASET DAN LIABILITAS KEUANGAN 29. FINANCIAL ASSETS AND LIABILITIES
Tabel berikut menyajikan aset dan liabilitas The following tables set out the Group’s financial
keuangan Grup pada tanggal 31 Desember 2024. assets and liabilities as at December 31, 2024.
Biaya perolehan
Jumlah/ diamortisasi/
Total Amortized cost FVOCI
31 Desember 2024 December 31, 2024
Aset keuangan Financial assets
Kas dan setara kas 655.191 655.191 - Cash and cash equivalents
Kas yang dibatasi penggunaannya 308 308 - Restricted cash
Piutang usaha Trade receivables
- Pihak yang berelasi 124.627 124.627 - Related parties -
- Pihak ketiga 3.498 3.498 - Third parties -
Piutang lain-lain Other receivables
- Pihak yang berelasi 11.570 11.570 - Related parties -
- Pihak ketiga 98 98 - Third parties -
Aset keuangan yang dinilai Financial assets at
pada nilai wajar melalui fair value through other
penghasilan komprehensif lain 21.716 - 21.716 comprehensive income
Jumlah aset keuangan 817.008 795.292 21.716 Total financial assets
Tabel berikut menyajikan aset dan liabilitas The following tables set out the Group’s financial
keuangan Grup pada tanggal 31 Desember 2023. assets and liabilities as at December 31, 2023.
Biaya perolehan
Jumlah/ diamortisasi/
Total Amortized cost FVOCI
31 Desember 2023 December 31, 2023
Aset keuangan Financial assets
Kas dan setara kas 677.717 677.717 - Cash and cash equivalents
Piutang usaha Trade receivables
- Pihak yang berelasi 132.273 132.273 - Related parties -
- Pihak ketiga 4.018 4.018 - Third parties -
Piutang lain-lain Other receivables
- Pihak yang berelasi 13.676 13.676 - Related parties -
- Pihak ketiga 101 101 - Third parties -
Aset keuangan yang dinilai Financial assets at
pada nilai wajar melalui fair value through other
penghasilan komperehensif lain 29.004 - 29.004 comprehensive income
Jumlah aset keuangan 856.789 827.785 29.004 Total financial assets
Biaya perolehan diamortisasi/
Amortized cost
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
Liabilitas keuangan Financial liabilities
Utang usaha Trade payables
- Pihak yang berelasi 2.234 4.543 Related parties -
- Pihak ketiga 94.561 77.977 Third parties -
Utang lain-lain Other payables
- Pihak yang berelasi 10.137 25.952 Related parties -
Utang obligasi 398.643 398.236 Bonds payable
Pinjaman jangka panjang Long-term loans
- Pihak yang berelasi 343.219 330.583 Related party -
Biaya yang masih harus dibayar 88.053 83.333 Accrued expenses
Liabilitas sewa 3.951 2.023 Lease liability
Jumlah liabilitas keuangan 940.798 922.647 Total financial liabilities
Page 726
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/95 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
30. MANAJEMEN RISIKO KEUANGAN 30. FINANCIAL RISK MANAGEMENT
I. Faktor risiko keuangan I. Financial risk factors
Aktivitas yang dilakukan oleh Grup dihadapkan The Group’s activities expose it to a variety of
pada berbagai risiko keuangan: risiko pasar financial risks: market risk (including currency
(termasuk risiko nilai tukar mata uang asing, risk, interest rate risk, and price risk), credit risk,
risiko tingkat bunga, dan risiko harga), risiko and liquidity risk. The objectives of the Group’s
kredit dan risiko likuiditas. Tujuan dari risk management are to identify, measure,
manajemen risiko Grup adalah untuk monitor, and manage basic risks to safeguard
mengidentifikasi, mengukur, mengawasi, dan the Group’s long-term business continuity and
mengelola risiko dasar dalam upaya melindungi minimize potential adverse effects on the
kesinambungan bisnis Grup dalam jangka Group's financial performance.
panjang dan meminimalkan dampak yang tidak
diharapkan pada kinerja keuangan Grup.
Grup menggunakan berbagai metode untuk The Group uses various methods to measure its
mengukur risiko yang dihadapinya. Metode ini exposure to risk. These methods include
meliputi analisis sensitivitas untuk risiko tingkat sensitivity analysis for interest rates, foreign
suku bunga, nilai tukar, risiko harga lainnya dan exchange rates, other price risks, and credit
risiko kredit. risks.
a. Risiko pasar a. Market risk
i. Risiko nilai tukar mata uang asing i. Foreign exchange risk
Pendapatan dan pengeluaran dari Grup The Group’s revenue and expenditure
sebagian besar dalam mata uang dolar are dominated in US dollar, which
Amerika Serikat yang secara tidak indirectly represents a natural hedge on
langsung merupakan lindung nilai alami exposure to the fluctuation in foreign
(natural hedging) terhadap exposure exchange rates.
fluktuasi mata uang asing.
Analisis sensitivitas Sensitivity analysis
Penguatan (pelemahan) Rupiah, Euro, A strengthening (weakening) of the
dan Yen yang diindikasikan di bawah, Rupiah, Euro, and Yen respectively as
terhadap dolar AS akan meningkatkan indicated below, against the US dollar
(menurunkan) laba-rugi setelah pajak would have increased (decreased) after-
sebesar jumlah yang ditunjukkan di tax profit or loss by the amounts shown
bawah. Analisis ini didasarkan pada below. This analysis is based on foreign
varian nilai tukar mata uang asing yang currency exchange rate variances that
Grup pertimbangkan yang sangat the Group considered to be reasonably
mungkin terjadi pada tanggal pelaporan. possible at the reporting date. The
Analisis mengasumsikan bahwa seluruh analysis assumes that all other
variabel lain, pada khususnya tingkat variables, in particular interest rates,
suku bunga, tetap tidak berubah dan remain constant and excludes any
mengabaikan dampak atas perkiraan impact of forecasted sales and
penjualan dan pembelian. purchases.
Laba/(rugi)/Profit/(loss)
Penguatan/ Pelemahan/
Strengthening Weakening
31 Desember 2024 December 31, 2024
Rupiah (pergerakan 3%) 580 (546) Rupiah (3% movement)
Euro (pergerakan 3%) 10 (10) Euro (3% movement)
Yen (pergerakan 3%) (2.540) 2.540 Yen (3% movement)
Page 727
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/96 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
30. MANAJEMEN RISIKO KEUANGAN (lanjutan) 30. FINANCIAL RISK MANAGEMENT (continued)
I. Faktor risiko keuangan (lanjutan) I. Financial risk factors (continued)
a. Risiko pasar (lanjutan) a. Market risk (continued)
i. Risiko nilai tukar mata uang asing i. Foreign exchange risk (continued)
(lanjutan)
Laba/(rugi)/Profit/(loss)
Penguatan/ Pelemahan/
Strengthening Weakening
31 Desember 2023 December 31, 2023
Rupiah (pergerakan 3%) 514 (485) Rupiah (3% movement)
Euro (pergerakan 3%) 11 (11) Euro (3% movement)
Yen (pergerakan 3%) (1.933) 1.933 Yen (3% movement)
ii. Risiko harga ii. Price risk
Grup tidak terekspos secara signifikan The Group is not significantly exposed to
terhadap risiko harga karena harga price risk as prices are determined under
jualnya telah ditentukan berdasarkan its sales contracts.
kontrak penjualan.
iii. Risiko suku bunga iii. Interest rate risk
Risiko tingkat suku bunga Grup timbul The Group‘s interest rate risk arises from
dari kas dan setara kas, dan pinjaman cash and cash equivalents, and long-
jangka panjang pihak yang berelasi. term loans from related parties. The
Pendapatan dan arus kas yang Group’s income and operating cash flow
diperoleh Grup dari aktivitas operasi are substantially independent of
secara substansial independen changes in market interest rates.
terhadap perubahan suku bunga pasar.
Aset dan liabilitas keuangan yang Financial assets and liabilities issued at
diterbitkan dengan suku bunga floating rates expose the Group to cash
mengambang mengekspos Grup flow interest rate risks, while those
terhadap risiko suku bunga arus kas. issued at fixed rates expose the Group
Sedangkan aset dan liabilitas keuangan to fair value interest rate risk.
yang diterbitkan dengan tingkat suku
bunga tetap mengekspos Grup terhadap
risiko nilai wajar suku bunga.
Page 728
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/97 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
30. MANAJEMEN RISIKO KEUANGAN (lanjutan) 30. FINANCIAL RISK MANAGEMENT (continued)
I. Faktor risiko keuangan (lanjutan) I. Financial risk factors (continued)
a. Risiko pasar (lanjutan) a. Market risk (continued)
iii. Risiko suku bunga (lanjutan) iii. Interest rate risk (continued)
Tabel berikut ini merupakan rincian dari The following tables represents
aset dan liabilitas keuangan yang a breakdown of the Company’s financial
dipengaruhi oleh suku bunga: assets and liabilities impacted by
interest rates:
31 Desember/December 31, 2024
Suku bunga mengambang/ Suku bunga tetap/
Floating rate Fixed rate Tidak
Kurang dari Lebih dari Kurang dari Lebih dari berbunga/
satu tahun/ satu tahun/ satu tahun/ satu tahun/ Non-
Less than More than Less than More than interest Jumlah/
one year one year one year one year bearing Total
Aset keuangan/
Financial assets
Kas dan setara kas/
Cash and cash
equivalents 655.191 - - - - 655.191
Restricted cash - - 123 185 - 308
Piutang usaha/
Trade receivables - - - - 128.125 128.125
Piutang lain-lain/
Other receivables - - - - 11.669 11.669
Aset keuangan yang dinilai
pada nilai wajar
melalui pendapatan
komprehensif lain/
Financial assets at
fair value through other
comperehensive income - - - - 21.716 21.716
Jumlah aset keuangan/
Total financial assets 655.191 - 123 185 161.510 817.009
Liabilitas keuangan/
Financial liabilities
Utang usaha
Trade payables - - - - 96.795 96.795
Utang lain-lain/
Other payables - - - - 10.137 10.137
Utang Obligasi/
Bonds Payable - - - 398.643 - 398.643
Pinjaman jangka panjang/
Long-term loan 15.172 328.047 - - - 343.219
Biaya yang masih
harus dibayar/
Accrued expenses - - - - 88.053 88.053
Liabilitas sewa/
Lease liabilities 1.402 2.549 - - - 3.951
Jumlah liabilitas keuangan/
Total financial liabilities 16.574 330.596 - 398.643 194.985 940.798
Page 729
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/98 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
30. MANAJEMEN RISIKO KEUANGAN (lanjutan) 30. FINANCIAL RISK MANAGEMENT (continued)
I. Faktor risiko keuangan (lanjutan) I. Financial risk factors (continued)
a. Risiko pasar (lanjutan) a. Market risk (continued)
iii. Risiko suku bunga (lanjutan) iii. Interest rate risk (continued)
31 Desember/December 31, 2023
Suku bunga mengambang/ Suku bunga tetap/
Floating rate Fixed rate Tidak
Kurang dariF Lebih dari Kurang dari Lebih dari berbunga/
satu tahun/ satu tahun/ satu tahun/ satu tahun/ Non-
Less than More than Less than More than interest Jumlah/
one year one year one year one year bearing Total
Aset keuangan/
Financial assets
Kas dan setara kas/
Cash and cash
equivalents 677.717 - - - - 677.717
Piutang usaha/
Trade receivables - - - - 136.291 136.291
Piutang lain-lain/
Other receivables - - - - 13.777 13.777
Aset keuangan yang dinilai
pada nilai wajar
melalui pendapatan
komprehensif lain/
Financial assets at
fair value through other
comperehensive income - - - - 29.004 29.004
Jumlah aset keuangan/
Total financial assets 677.717 - - - 179.072 856.789
Liabilitas keuangan/
Financial liabilities
Utang usaha
Trade payables - - - - 82.520 82.520
Utang lain-lain/
Other payables - - - - 25.952 25.952
Utang Obligasi/
Bonds Payable - - - 398.236 - 398.236
Pinjaman jangka panjang/
Long-term loan 15.500 315.083 - - - 330.583
Biaya yang masih
harus dibayar/
Accrued expenses - - - - 83.333 83.333
Liabilitas sewa/
Lease liabilities 910 1.113 - - - 2.023
Jumlah liabilitas keuangan/
Total financial liabilities 16.410 316.196 - 398.236 191.805 922.647
Perubahan 20 basis poin atas tingkat A change of 20 basis points in floating
suku bunga mengambang pada tanggal interest rates at the reporting date
pelaporan akan berpengaruh terhadap would have affected income for the year
laba tahun berjalan sebesar jumlah di by the amounts shown below. This
bawah. Analisis ini mengasumsikan analysis assumes that all other
bahwa seluruh variabel lain, terutama variables, particularly foreign currency
nilai tukar mata uang asing, tidak rates, remain constant.
berubah.
+20 bp -20bp
meningkat/increase menurun/decrease
Dampak terhadap: Effect on:
(Rugi)/laba tahun berjalan (426) 426 (Loss)/income for the year
Sensitivitas arus kas (bersih) (1.252) 1.252 Cash flow sensitivity (net)
Page 730
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/99 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
30. MANAJEMEN RISIKO KEUANGAN (lanjutan) 30. FINANCIAL RISK MANAGEMENT (continued)
I. Faktor risiko keuangan (lanjutan) I. Financial risk factors (continued)
b. Risiko kredit b. Credit risk
Pada tanggal 31 Desember 2024 dan 2023, As of December 31, 2024 and 2023, the
jumlah maksimum eksposur dari risiko total maximum exposure to credit risk was
kredit adalah US$655.191 dan US$655,191 and US$677,717, which
US$677.717, yang berasal dari involves cash in banks. All of the cash in
penempatan dana pada bank. Semua banks is placed at state-owned banks with
penempatan dana ditempatkan pada bank AAA ratings.
milik Pemerintah yang mendapatkan
peringkat AAA.
Grup tidak terekspos secara signifikan The Group is not significantly exposed to
terhadap risiko kredit dari piutang, karena credit risk as its primary customers for
pembeli utama adalah PLN dan PT PLN steam and electricity are PLN and PT PLN
Indonesia Power yang selama ini memiliki Indonesia Power, which have good
reputasi yang baik dan secara historis reputations and historically have always
selalu membayar utang mereka kepada paid their debts to the Group. PLN and PT
Grup. PLN dan PT PLN Indonesia Power PLN Indonesia Power are rated by external
memperoleh peringkat AAA dari credit ratings PT Pemeringkat Efek
pemeringkat eksternal PT Pemeringkat Indonesia.
Efek Indonesia.
c. Risiko likuiditas c. Liquidity risk
Risiko likuiditas merupakan risiko yang Liquidity risk is defined as a risk that arises
muncul dalam situasi di mana posisi arus in situations where the Group’s cash flow
kas Grup mengindikasikan bahwa arus kas indicates that the cash inflow from short-
masuk dari pendapatan jangka pendek term revenue is not enough to cover the
tidak cukup untuk memenuhi arus kas cash outflow of short-term expenditures.
keluar untuk pengeluaran jangka pendek.
Pada tanggal 31 Desember 2024, Grup At December 31, 2024, the Group has
memiliki saldo modal kerja positif senilai positif working capital position amounting to
US$601.260. US$601,260.
Berdasarkan kondisi yang diungkapkan di Based on conditions as disclosed above,
atas, Manajemen berkeyakinan bahwa Management believes that the Group will be
Grup akan mampu melanjutkan sebagai able to continue as a going concern entity.
entitas yang memiliki keberlangsungan
usaha.
Page 731
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/100 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
30. MANAJEMEN RISIKO KEUANGAN (lanjutan) 30. FINANCIAL RISK MANAGEMENT (continued)
I. Faktor risiko keuangan (lanjutan) I. Financial risk factors (continued)
c. Risiko likuiditas (lanjutan) c. Liquidity risk (continued)
Tabel di bawah ini menggambarkan The table below analyses the Group’s
liabilitas keuangan Grup pada tanggal financial liabilities at December 31, 2024
31 Desember 2024 dan 2023 berdasarkan and 2023 grouped according to maturity
jatuh temponya yang relevan berdasarkan based on the remaining period to the
periode sisa hingga tanggal jatuh tempo contractual maturity date. The amounts
kontraktual. Jumlah yang diungkapkan disclosed in the table are contractual
dalam tabel ini adalah nilai arus kas undiscounted cash flows:
kontraktual yang tidak terdiskonto:
31 Desember/December 31, 2024
Kurang dari Lebih dari
1 tahun/ 5 tahun/
Less than 1-5 tahun/ Later than
1 year 1-5 years 5 years Total
Liabilitas Liabilities
Utang usaha 96.795 - - 96.795 Trade payables
Utang lain-lain 10.137 - - 10.137 Other payables
Utang obligasi - 398.643 - 398.643 Bonds payable
Pinjaman jangka
panjang 15.172 64.444 263.603 343.219 Long-term loans
Biaya yang masih
harus dibayar 88.053 - - 88.053 Accrued expenses
Liabilitas sewa 1.402 2.549 - 3.951 Lease liability
Jumlah 211.559 465.636 263.603 940.798 Total
31 Desember/December 31, 2023
Kurang dari Lebih dari
1 tahun/ 5 tahun/
Less than 1-5 tahun/ Later than
1 year 1-5 years 5 years Total
Liabilitas Liabilities
Utang usaha 82.520 - - 82.520 Trade payables
Utang lain-lain 25.952 - - 25.952 Other payables
Utang obligasi - 398.236 - 398.236 Bonds payable
Pinjaman jangka
panjang 15.500 64.543 250.540 330.583 Long-term loans
Biaya yang masih
harus dibayar 83.333 - - 83.333 Accrued expenses
Liabilitas sewa 910 1.113 - 2.023 Lease liability
Jumlah 208.215 463.892 250.540 922.647 Total
Page 732
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/101 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
30. MANAJEMEN RISIKO KEUANGAN (lanjutan) 30. FINANCIAL RISK MANAGEMENT (continued)
II. Estimasi nilai wajar II. Fair value estimation
Tabel di bawah ini menganalisis instrumen The table below analyses financial instruments
keuangan yang dicatat pada nilai wajar carried at fair value, by level of valuation method.
berdasarkan tingkatan metode penilaian. The different levels of valuation methods have
Perbedaan pada setiap tingkatan metode been defined as follows:
penilaian dijelaskan sebagai berikut:
• Harga dikutip (tidak disesuaikan) dari pasar • Quoted prices (unadjusted) in active markets
yang aktif untuk aset atau liabilitas yang identik for identical assets or liabilities (Level 1);
(Tingkat 1);
• Input selain harga yang dikutip dari pasar yang • Inputs other than quoted prices included within
disertakan pada Tingkat 1 yang dapat Level 1 that are observable for the asset or
diobservasi untuk aset dan liabilitas, baik liability, either directly (that is, as prices) or
secara langsung (yaitu sebagai sebuah harga) indirectly (that is, derived from prices) (Level
atau secara tidak langsung (yaitu sebagai 2); and
turunan dari harga) (Tingkat 2); dan
• Input untuk aset atau liabilitas yang tidak • Inputs for the asset or liability that are not
didasarkan pada data pasar yang dapat based on observable market data (that is,
diobservasi (informasi yang tidak dapat unobservable inputs) (Level 3).
diobservasi) (Tingkat 3).
Tabel berikut menyajikan aset dan liabilitas The following table presents the Group’s
keuangan Grup yang diukur sebesar nilai wajar financial assets and liabilities that are measured
pada 31 Desember 2024: at fair value at December 31, 2024:
Tingkat 1/ Tingkat 2/ Tingkat 3/ Jumlah/
Level 1 Level 2 Level 3 Total
Aset keuangan yang
diukur pada nilai Financial assets
wajar melalui penghasilan at fair value through other
komprehensif lain comprehensive income
Instrumen ekuitas - 21.716 - - Equity instrument
Jumlah - 21.716 - - Total
Manajemen berpendapat bahwa nilai tercatat Management considers the carrying values of its
dari aset dan liabilitas keuangan berikut: financial assets and liabilities such as:
- kas dan setara kas - cash and cash equivalents
- piutang usaha - trade receivables
- piutang lain-lain - other receivables
- utang usaha - trade payables
- utang lain-lain - other payables
- utang obligasi - bonds payable
- pinjaman jangka panjang - long term loan
- biaya yang masih harus dibayar - accrued expenses
mendekati nilai wajarnya pada 31 Desember approximate their fair values as at
2024. Nilai wajar instrumen ekuitas berdasarkan December 31, 2024. The fair values of equity
metode arus kas diskonto. instrument are calculated by applying the
discounted cash flow methods.
Page 733
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/102 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
30. MANAJEMEN RISIKO KEUANGAN (lanjutan) 30. FINANCIAL RISK MANAGEMENT (continued)
III. Manajemen risiko permodalan III. Capital risk management
Tujuan Grup dalam pengelolaan modal adalah The Group’s objectives when managing capital
untuk mempertahankan kelangsungan usaha are to safeguard the Group’s ability to continue
Grup guna memberikan imbal hasil kepada as a going concern in order to provide returns for
pemegang saham dan manfaat kepada shareholders and benefits to other stakeholders
pemangku kepentingan lainnya serta menjaga and to maintain an optimum capital structure
struktur modal yang optimal yang meliputi utang covering debt and equity to minimize the cost of
dan ekuitas untuk mengurangi biaya modal. capital.
Secara periodik, Grup melakukan penilaian Periodically, the Group conducts debt valuation
utang untuk menilai kemungkinan pembiayaan to assess possibilities of refinancing existing
kembali utang yang ada dengan utang baru debts with new ones which have more efficient
yang memiliki biaya yang lebih efisien sehingga cost that will lead to more optimized cost-of-debt.
mengoptimalkan biaya utang.
Grup dipersyaratkan oleh Undang-undang No. The Group is required by the Limited Liability
40 tahun 2007 tentang Perseroan Terbatas Company Law No. 40 of 2007 to allocate and
untuk mengalokasikan dana cadangan yang maintain a non-distributable reserve fund until
tidak boleh didistribusikan sampai dengan 20% such reserve reaches 20% of the issued and fully
dari modal saham ditempatkan dan disetor paid capital stock. This externally imposed
penuh. Persyaratan permodalan eksternal capital requirement is considered by the Group
tersebut dipertimbangkan oleh Grup dalam in the General Meeting of Shareholders.
Rapat Umum Pemegang Saham.
Permodalan Grup antara lain berasal dari The financing of Group comes from equity and
ekuitas dan pinjaman yang diberikan oleh loans provided by Pertamina, and bonds
Pertamina, serta utang obligasi. payable.
Page 734
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/103 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
31. PERJANJIAN, KOMITMEN, DAN KONTINJENSI 31. SIGNIFICANT AGREEMENTS, COMMITMENTS
SIGNIFIKAN AND CONTINGENCIES
a. Perjanjian-perjanjian a. Agreements
Berikut adalah kesepakatan kemitraan Grup As at December 31, 2024, the Group’s
pada tanggal 31 Desember 2024: partnership arrangements are as follows:
Tanggal Kontrak/ Berakhirnya Kontrak/ Jenis Kontrak/ Lokasi/
Para Pihak/Parties Contract Date End of Contract Type of Contract Location
● PT Pertamina Geothermal 31 Januari/January 31 Desember/December PJBU Unit 1, 2 Kamojang,
Energy (dahulu/formerly 1992 (diubah 2040 dan 3/SSC Units Jawa Barat/
PERTAMINA) pada tanggal 1, 2 West Java
● PT PLN Indonesia Power 11 Februari 2016/ and 3
(dahulu/formerly PT PLN amended on
(Persero)) February 11, 2016)
● PT Pertamina Geothermal 26 Januari/January 360 bulan sejak tanggal PJBL Unit 4/ Kamojang,
Energy (dahulu/formerly 2004 (diubah pada operasi komersial (COD) ESC Unit 4 Jawa Barat/
PERTAMINA) tanggal 11 Februari (26 Januari 2008)/ West Java
● PT PLN (Persero) 2016/amended on 360 months from
February 11, 2016) Commercial Operation Date
(COD) (January 26, 2008)
● PT Pertamina Geothermal 12 Mei/May 1999 30 tahun sejak COD PJBU Unit 1/SSC Lahendong,
Energy (dahulu/formerly (diubah pada tanggal (21 Agustus 2001) / Unit 1 Sulawesi Utara/
PERTAMINA) 11 Februari 2016/ 30 years from COD North Sulawesi
● PT PLN (Persero) *) amended on (August 21, 2001)
February 11, 2016)
● PT Pertamina Geothermal 2 Agustus/August 2004 30 tahun sejak COD unit PJBU Unit 2 dan Lahendong,
Energy (dahulu/formerly (diubah pada tanggal terakhir (Unit 3) (7 April 3/ Sulawesi Utara/
PERTAMINA) 11 Februari 2009)/ SSC Units 2 and North Sulawesi
● PT PLN (Persero) *) 2016/amended on 30 years from COD of the 3
February 11, 2016) last unit (Unit 3) (April 7,
2009)
● PT Pertamina Geothermal 15 Januari/January 480 bulan sejak tanggal PJBU/SSC Sibayak,
Energy (dahulu/formerly 1996 (diubah Efektif yang dicantumkan Sumatera Utara/
PERTAMINA) pada tanggal dalam Amendmen SSC North Sumatera
● PT Dizamatra Powerindo 8 Desember 2003/ tertanggal 8 Desember
amended on 2003/
December 8, 2003) 480 months from the
Effective date as stated in
the SSC Amendment dated
December 8, 2003
● PT Pertamina Geothermal 16 November 1994 30 November 2040 KOB/JOC Salak,
Energy (dahulu/formerly (diubah pada tanggal Jawa Barat/
PERTAMINA) 22 Juli 2002/ West Java
● Chevron Geothermal Salak, amended on
Ltd. (dahulu/formerly Unocal July 22, 2002)
Geothermal Indonesia Ltd.)
● Dayabumi Salak Pratama
Ltd.
● PT Pertamina Geothermal 16 November 1994 30 November 2040 PJBL/ESC Salak,
Energy (dahulu/formerly (diubah pada tanggal Jawa Barat/
PERTAMINA) 22 Juli 2002/ West Java
● PT PLN (Persero) amended on
● Chevron Geothermal Salak July 22, 2002)
Ltd. (dahulu/formerly Unocal
Geothermal Indonesia Lt d.)
● Dayabumi Salak Pratama
Ltd.
Page 735
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/104 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
31. PERJANJIAN, KOMITMEN, DAN KONTINJENSI 31. SIGNIFICANT AGREEMENTS, COMMITMENTS
SIGNIFIKAN (lanjutan) AND CONTINGENCIES (continued)
a. Perjanjian-perjanjian (lanjutan) a. Agreements (continued)
Tanggal Kontrak/ Berakhirnya Kontrak/ Jenis Kontrak/ Lokasi/
Para Pihak/Parties Contract Date End of Contract Type of Contract Location
● PT Pertamina Geothermal 15 Januari/January 684 bulan sejak tanggal KOB/JOC Darajat,
Energy (dahulu/formerly 1996 (diubah pada efektif berlakunya perjanjian Jawa Barat/
PERTAMINA) tanggal (16 November 1984) West Java
● Chevron Geothermal 7 Februari 2003/ (SEGD telah notice ke PGE
Indonesia Ltd. amended on tanggal 22 September 2020
(dahulu/formerly Texaco February 7, 2003) mengenai perpanjangan
Darajat Ltd.) otomatis JOC) /
● PT Darajat Geothermal 684 months commencing
Indonesia on the effective date
(November 16,1984) SEGD
has Noticed PGE dated
September 22, 2020 about
Automatic Extention JOC
Period))
● PT Pertamina Geothermal 15 Januari/January 552 bulan sejak tanggal PJBL/ESC Darajat,
Energy (dahulu/formerly 1996 (diubah pada efektif berlakunya perjanjian Jawa Barat/
PERTAMINA) tanggal 1 Mei 2000/ (15 Januari 1996) (SEGD West Java
● PT PLN (Persero) amended on telah notice ke PLN tanggal
● Chevron Geothermal May 1, 2000) 22 September 2020
Indonesia Ltd. mengenai perpanjangan
(dahulu/formerly Texaco otomatis ESC /
Darajat Ltd.) 552 months after the
● PT Darajat Geothermal effective date (January 15,
Indonesia 1996) SEGD has Noticed
PLN dated September 22,
2020 about Automatic
Extention ESC Period)
● PT Pertamina Geothermal 27 Februari/ February 26 Agustus/August 2048 KOB/JOC Sarulla,
Energy (dahulu/formerly 1993 (amandemen Sumatera Utara/
PERTAMINA) kedua pada tanggal 4 North Sumatera
● PT Medco Geopower April 2013/second
Sarulla amendment on April 4,
● Orsarulla Inc. 2013)
● Sarulla Power Asset Ltd.
● Kyuden Sarulla Pte. Ltd.
● Sarulla Operations Ltd.
● PT Pertamina Geothermal 27 Februari/ February 26 Agustus/August 2048 PJBL/ESC Sarulla,
Energy (dahulu/formerly 1993 Sumatera Utara/
PERTAMINA) (amandemen kedua North Sumatera
● PT PLN (Persero) dialihkan pada tanggal 4 April
dari/transferred from Unocal 2013/(second
North Sumatera Geothermal amendment on April 4,
Ltd. 2013)
● PT Medco Geopower
Sarulla
● Orsarulla Inc.
● Sarulla Power Asset Ltd.
● Kyuden Sarulla Pte. Ltd.
● Sarulla Operations Ltd.
● PT Pertamina Geothermal 17 November 1995 Berakhir pada 31 KOB/JOC Bedugul,
Energy (dahulu/formerly (diubah pada tanggal Desember 2040/ Bali
PERTAMINA) 10 Februari 2004/ Expired on December 31,
Bali Energy Ltd. amended on 2040
February 10, 2004)
Page 736
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/105 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
31. PERJANJIAN, KOMITMEN, DAN KONTINJENSI 31. SIGNIFICANT AGREEMENTS, COMMITMENTS
SIGNIFIKAN (lanjutan) AND CONTINGENCIES (continued)
a. Perjanjian-perjanjian (lanjutan) a. Agreements (continued)
Tanggal Kontrak/ Berakhirnya Kontrak/ Jenis Kontrak/ Lokasi/
Para Pihak/Parties Contract Date End of Contract Type of Contract Location
● PT Pertamina Geothermal 17 November 1995 Berakhir pada 31 Desember PJBL/ESC Bedugul,
Energy (dahulu/formerly (diubah pada tanggal 2040/ Bali
PERTAMINA) 10 Februari Expires on December 31,
● Bali Energy Ltd. PT PLN 2004/amended on 2040
(Persero) February 10, 2004)
● PT Pertamina Geothermal 2 Desember/ 504 bulan sejak KOB/JOC Wayang Windu,
Energy (dahulu/formerly December 1994 2 Desember 1994/ Jawa Barat/
PERTAMINA) (amandemen kedua 504 months from West Java
● Star Energy Geothermal pada tanggal 21 December 2, 1994
(Wayang Windu) Ltd. September
(dahulu/formerly Magma 2016/second
Nusantara Ltd.) amendment on
September 21, 2016)
● PT Pertamina Geothermal 2 Desember/December 504 bulan sejak PJBL/ESC Wayang Windu,
Energy (dahulu/formerly 1994 (amandemen 2 Desember 1994/ Jawa Barat/
PERTAMINA) kedua pada tanggal 27 504 months from West Java
● PT PLN (Persero) September December 2, 1994
● Star Energy Geothermal 2016/second
(Wayang Windu) Ltd. amendment on
(dahulu/formerly Magma September 27, 2016)
Nusantara Ltd.)
● PT Pertamina Geothermal 17 Februari/ 30 tahun sejak COD PJBU Unit 1 Ulubelu,
Energy February 2010 Unit 2 (23 Oktober 2012)/ dan 2/ Lampung
● PT PLN (Persero) *) 30 years from COD SSC Units 1
Unit 2 (October 23, 2012) and 2
● PT Pertamina Geothermal 26 April 2010 (diubah 30 tahun sejak COD PJBU Unit 4/ Lahendong,
Energy pada tanggal 11 (23 Desember 2011)/ SSC Unit 4 Sulawesi Utara/
● PT PLN (Persero) *) Februari 30 years from COD North Sulawesi
2016/amended on (December 23, 2011)
February 11, 2016)
● PT Pertamina Geothermal 26 April 2010 30 tahun sejak COD PJBU/SSC Hululais,
Energy (diubah pada tanggal Unit 2/ Bengkulu
● PT PLN (Persero) 10 Agustus 30 years from COD
2016/amended on 10 Unit 2
August 2016)
● PT Pertamina Geothermal 26 April 2010 30 tahun sejak COD PJBU/SSC Sungai Penuh,
Energy Unit 2/ Jambi
● PT PLN (Persero) 30 years from COD
Unit 2
● PT Pertamina Geothermal 11 Maret/ 360 bulan sejak COD PJBL Unit 5/ Kamojang,
Energy March 2011 (29 September 2015)/ ESC Unit 5 Jawa Barat/
PT PLN (Persero) (diubah pada tanggal 360 months from COD West Java
11 Februari 2016/ (September 29, 2015)
amended on
February 11, 2016)
● PT Pertamina Geothermal 11 Maret/ 360 bulan sejak COD PJBL/ESC Karaha,
Energy March 2011 (6 April 2018)/ Jawa Barat/
PT PLN (Persero) 360 months from COD West Java
(April 6, 2018)
Page 737
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/106 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
31. PERJANJIAN, KOMITMEN, DAN KONTINJENSI 31. SIGNIFICANT AGREEMENTS, COMMITMENTS
SIGNIFIKAN (lanjutan) AND CONTINGENCIES (continued)
a. Perjanjian-perjanjian (lanjutan) a. Agreements (continued)
Tanggal Kontrak/ Berakhirnya Kontrak/ Jenis Kontrak/ Lokasi/
Para Pihak/Parties Contract Date End of Contract Type of Contract Location
● PT Pertamina Geothermal 11 Maret/ 360 bulan sejak unit terakhir PJBL Unit 1,2,3 Lumut Balai,
Energy March 2011 beroperasi/ dan 4/ Sumatera
● PT PLN (Persero) 360 months from the ESC Units 1,2,3 Selatan/
commencement of and 4 South Sumatera
operation of the last unit
● PT Pertamina Geothermal 11 Maret/ 360 bulan sejak unit terakhir PJBL Unit 5 dan Lahendong,
Energy March 2011 beroperasi (Unit VI) (9 6/ ESC Units 5 Sulawesi Utara/
● PT PLN (Persero) (diubah pada tanggal Desember 2016)/ and 6 North Sulawesi
10 Agustus 360 months from the
2016/amended on commencement of
August 10, 2016) operation of the last unit
(Unit VI) (December 9,
2016)
● PT Pertamina Geothermal 11 Maret/ 360 bulan sejak unit terakhir PJBL Unit 3 dan Ulubelu,
Energy March 2011 beroperasi (Unit IV) (25 4/ Lampung
● PT PLN (Persero) Maret 2017)/ ESC Units 3 and
360 months from the 4
commencement of
operation of the last unit
(Unit IV) (March 25, 2017)
● PT Pertamina Geothermal 10 November/ 29 Desember/ EPCC Unit 2 Lumut Balai,
Energy November 2022 December 2025 Sumatera
● Mitsubishi Corporation Selatan/
● PT Wijaya Karya South Sumatera
● SEPCOIII Electric Power
Construction Co., Ltd
● PT Pertamina Geothermal 4 Januari/ Akan terus berlaku sampai Shareholders Way Ratai,
Energy January 2024 diakhiri karena salah satu Agreement Lampung
● Chevron New Energies dari keadaan-keadaan yg
Holdings Indonesia Ltd. disepakati dalam Perjanjian/
PT Cahaya Anagata Energy Will continue in effect until
terminated due to one of the
conditions agreed in the
Agreement
*) Mengacu surat PLN Nomor 76572/EPI.02.02/F01030000/2023, terdapat pemisahan tidak murni (spin-off) yang dilakukan oleh PLN
menyebabkan Perjanjian Uap PGE beralih karena hukum (aktiva dan pasiva) kepada PLN Indonesia Power sebagai Sub-Holding
penerima peralihan sejak tanggal 2 November 2023/referring to PLN Letter Number 76572/EPI.02.02/F01030000/2023, there has been a
partial spin-off conducted by PLN, resulting in the transfer of the PGE Steam Agreement by operation of law (assets and liabilities) to PLN
Indonesia Power as the receiving sub-holding entity, effective from November 2, 2023.
Page 738
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/107 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
31. PERJANJIAN, KOMITMEN, DAN KONTINJENSI 31. SIGNIFICANT AGREEMENTS, COMMITMENTS
SIGNIFIKAN (lanjutan) AND CONTINGENCIES (continued)
b. Perjanjian pinjaman dengan Pertamina b. Loan arrangements with Pertamina
Pada tanggal 9 November 2012, Perusahaan On November 9, 2012, the Company entered
menandatangani perjanjian pinjaman dengan into a loan arrangement with Pertamina. The
Pertamina. Perjanjian ini berlaku efektif per loan arrangement is effective from
tanggal 1 Januari 2012. Pinjaman ini diberikan January 1, 2012. The loans are provided to
untuk membiayai proyek-proyek Perusahaan, finance the Company’s capital projects, both
baik aktivitas eksplorasi dan pengembangan exploration and development projects.
proyek panas bumi.
Perjanjian pinjaman khusus Specific loan agreements
Perjanjian pinjaman khusus ini merupakan These specific loan agreements represent
pendanaan dari pihak ketiga yang digunakan funding from third parties which is used to
untuk membiayai proyek-proyek panas bumi support specific geothermal projects, whereby
tertentu dimana peminjam diwajibkan untuk the borrower is required to fulfill the covenants
memenuhi ketentuan-ketentuan yang telah set out in the agreements in exchange for the
dicantumkan dalam perjanjian tersebut sebagai low interest rates. These loan agreements are
pengganti suku bunga yang rendah. Perjanjian entered into under a Government-to-
pinjaman ini menggunakan skema Government Government scheme (“G to G”). The Indonesian
to Government (“G to G”). Pemerintah Indonesia Government makes the funding available to
akan meneruskan pendanaan tersebut kepada Pertamina, and Pertamina in turn makes this
Pertamina, dan Pertamina meneruskan funding available to the Company, with
pendanaan ini ke Perusahaan dimana Pertamina acting as the Executing Agency and
Pertamina sebagai Executing Agency dan the Company acting as the Implementing
Perusahaan sebagai Implementing Agency. Agency. These specific loan agreements
Perjanjian pinjaman khusus ini terdiri dari: comprise of:
Pendanaan oleh Japan International Japan International Cooperation Agency
Cooperation Agency (“JICA”) (“JICA”) Funding
Pemerintah Indonesia dan JICA telah The Indonesian Government (the Government)
menandatangani Perjanjian Pinjaman IP-557 and JICA have signed Loan Agreement IP-557
untuk pembiayaan atas Lumut Balai Geothermal for financing the Lumut Balai Geothermal Power
Power Plant Project dengan jumlah pendanaan Plant Project with a maximum facility of ¥26,966
maksimum sebesar ¥26.966 juta atau setara million, equivalent to US$181,430, available for
dengan US$181.430 untuk jangka waktu drawdown for a period of up to eight years from
penarikan selama delapan tahun sejak tanggal the effective date. The Government agreed to
efektif. Pemerintah telah menyetujui untuk make the funding from JICA available to
meneruskan pendanaan JICA kepada Pertamina, and Pertamina in turn makes such
Pertamina, dan Pertamina meneruskan funding available to the Company under
pendanaan ini ke Perusahaan melalui perjanjian agreement No.148/PGE000/2013-S0.
No.148/PGE000/2013-S0.
Pada tanggal 30 Oktober 2023, melalui surat ref. On 30 October 2023, through letter ref. no:
no: S-677/PR.2/2023, Pemerintah menyetujui S-677/PR.2/2023, the Government agreed the
amandemen batas waktu penarikan pinjaman amendment of the loan drawdown deadline of
Loan Agreement JICA IP-557 Lumut Balai JICA Loan Agreement IP-557 Lumut Balai
Geothermal Power Plant Project menjadi Geothermal Power Plant Project to be before
sebelum tanggal 31 Desember 2026. December 31, 2026.
Page 739
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/108 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
31. PERJANJIAN, KOMITMEN, DAN KONTINJENSI 31. SIGNIFICANT AGREEMENTS, COMMITMENTS
SIGNIFIKAN (lanjutan) AND CONTINGENCIES (continued)
b. Perjanjian pinjaman dengan Pertamina b. Loan arrangements with Pertamina
(lanjutan) (continued)
Perjanjian pinjaman khusus (lanjutan) Specific loan agreements (continued)
Pendanaan oleh Japan International Japan International Cooperation Agency
Cooperation Agency (“JICA”) (lanjutan) (“JICA”) Funding (continued)
Pelunasan pokok pinjaman akan dilakukan The repayments of the loan principal shall be
setiap setengah tahunan setiap tanggal settled on a semester basis on
20 April dan 20 Oktober untuk periode sebelum April 20 and October 20, in respect to amounts
tanggal terakhir penarikan pinjaman, dan setiap drawn drown before the end of the loan
tanggal 20 Maret dan 20 September untuk drawdown period, and on
periode setelah tanggal terakhir penarikan March 20 and September 20, effective after the
pinjaman. Pembayarannya disepakati untuk end of the loan drawdown period. It has been
dimulai dari tahun 2021 hingga tahun 2051. agreed that loan repayments will be made
Perusahaan wajib untuk membayar bunga atas starting in 2021 and ending in 2051. The
pokok pinjaman sebesar: Company is required to pay interest on the loan
principal as follows:
● Atas kategori pekerjaan sipil dan pengadaan ● For civil engineering and procurement of
peralatan batas pinjaman sampai dengan equipment for drawdown amounts of
¥25.579 juta atau setara dengan ¥25,579 million, or equal to US$172,098,
US$172.098 dikenakan bunga sebesar interest applies at the rate of 0.3% p.a. plus
0,3% ditambah 0,3% per tahun. 0.3% p.a.
● Atas kategori jasa konsultan batas pinjaman ● For consultation services for drawdown
sampai dengan ¥1.387 juta atau setara amounts up to ¥1,387 million, or equal to
dengan US$9.332 dikenakan bunga sebesar US$9,332, interest applies at the rate of
0,01% ditambah 0,01% per tahun. 0.01% p.a. plus 0.01% p.a.
Perusahaan mulai menggunakan pinjaman The Company utilized the loan starting in March
tersebut sejak Maret 2012. Jumlah penggunaan 2012. The total loan facility drawn down as of
dana pinjaman tersebut pada tanggal 31 December 31, 2024 was ¥21,917 million or
Desember 2024 adalah sebesar ¥21.917 juta equivalent to US$138,858. The outstanding
atau setara dengan US$138.858. Jumlah amount as of December 31, 2024 was ¥18,381
pinjaman yang masih belum dibayarkan pada 31 million or equivalent to US$116,452.
Desember 2024 adalah sebesar ¥18.381 juta
atau setara dengan US$116.452.
Page 740
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/109 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
31. PERJANJIAN, KOMITMEN, DAN KONTINJENSI 31. SIGNIFICANT AGREEMENTS, COMMITMENTS
SIGNIFIKAN (lanjutan) AND CONTINGENCIES (continued)
b. Perjanjian pinjaman dengan Pertamina b. Loan arrangements with Pertamina
(lanjutan) (continued)
Perjanjian pinjaman khusus (lanjutan) Specific loan agreements (continued)
Pendanaan Bank Internasional untuk International Bank for Reconstruction and
Rekonstruksi dan Pembangunan (“IBRD”) Development (“IBRD”) Funding
Pemerintah Indonesia dengan IBRD telah The Indonesian Government (the Government)
menandatangani Perjanjian Pinjaman IBRD No. and the IBRD have signed Loan Agreement
8082-ID dengan total pendanaan sebesar IBRD No. 8082-ID involving total funding of
US$175.000 dan Perjanjian Pinjaman Clean US$175,000 and a Clean Technology Fund
Technology Fund (“CTF”) No. TF 10407-ID (“CTF”) Loan Agreement No. TF 10407-ID
dengan total pendanaan sebesar US$125.000. involving total funding of US$125,000. The loan
Jangka waktu penarikan pinjaman tersebut drawdown terms expire on December 31, 2019.
berakhir pada 31 Desember 2019.
Pemerintah telah menyetujui untuk meneruskan The Government agreed to make the funding
pendanaan dari IBRD kepada Pertamina, dan obtained from the IBRD to Pertamina, and
Pertamina meneruskan pendanaan ini ke Pertamina has in turn made such funding
Perusahaan melalui perjanjian No. available to the Company under agreement No.
149/PGE000/2013-S0 beserta adendum dan 149/PGE000/2013-S0 and its addendum and
No. 150/PGE000/2013-S0 beserta adendum. No. 150/PGE000/2013-S0 and its addendum.
Pendanaan tersebut dipergunakan dalam The funding is to be used for the financing of
rangka pembiayaan Geothermal Clean Energy Geothermal Clean Energy Investment Projects
Investment Project development untuk Ulubelu involving the development of the Ulubelu Units 3
Unit 3 dan 4 dan Lahendong Unit 5 dan 6. and 4 and Lahendong Units 5 and 6.
Pelunasan pokok pinjaman akan dilakukan The loan principal repayments shall be settled
setiap setengah tahunan setiap tanggal on a semester basis every April 10 and October
10 April dan 10 Oktober, dimana: 10, as follows:
● Pelunasan atas pendanaan IBRD sebesar ● Repayments of the IBRD US$175,000
US$175.000 dimulai tanggal 10 Oktober funding facility are due to commence on
2020 sampai dengan 10 Oktober 2035. October 10, 2020 and end on
Beban bunga yang dikenakan atas October 10, 2035. Interest charged under
perjanjian pinjaman ini adalah Secured this financing arrangement shall be at the
Overnight Financing Rate (“SOFR”) Secured Overnight Financing Rate
ditambah variable spread ditambah 0,45% (“SOFR”) plus variable spread plus 0.45%
per tahun. p.a.
● Pelunasan atas fasilitas pendanaan CTF ● Repayments of the CTF funding facility are
dimulai tanggal 10 Oktober 2021 sampai 10 due to commence on October 10, 2021 and
April 2051. Beban bunga yang dikenakan end on April 10, 2051. Interest charged
atas perjanjian pinjaman CTF adalah 0,25% under the CTF financing arrangement shall
per tahun ditambah 0,25% per tahun. be at the rate of 0.25% p.a. plus 0.25% p.a.
Page 741
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/110 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
31. PERJANJIAN, KOMITMEN, DAN KONTINJENSI 31. SIGNIFICANT AGREEMENTS, COMMITMENTS
SIGNIFIKAN (lanjutan) AND CONTINGENCIES (continued)
b. Perjanjian pinjaman dengan Pertamina b. Loan arrangements with Pertamina
(lanjutan) (continued)
Perjanjian pinjaman khusus (lanjutan) Specific loan agreements (continued)
Pendanaan Bank Internasional untuk International Bank for Reconstruction and
Rekonstruksi dan Pembangunan (“IBRD”) Development (“IBRD”) Funding (continued)
(lanjutan)
Perusahaan mulai menggunakan fasilitas The Company started to utilize the IBRD facility
pinjaman IBRD dan CTF pada bulan Oktober and the CTF loan facility in October 2014. The
2014. Total penggunaan dana pinjaman untuk total loan facilities drawdown as of December
tahun yang berakhir pada tanggal 31 Desember 31, 2024 were US$129,044 under the IBRD
2024 adalah sebesar US$129.044 untuk facility and US$124,311 under the CTF facility.
fasilitas IBRD dan US$124.311 untuk fasilitas The total oustanding loan as of December 31,
CTF. Jumlah pinjaman yang masih belum 2024 were US$101,158 under the IBRD facility
dibayarkan pada 31 Desember 2024 adalah and US$115,609 under the CTF facility.
US$101.158 untuk fasilitas IBRD dan
US$115.609 untuk fasilitas CTF.
c. Kontinjensi c. Contingencies
Pemulihan Lokasi Pasca Operasi Site Recovery After Operation
Dalam industri hulu minyak dan gas bumi, In the oil and gas industry, the contractors of the
kontraktor kontrak kerja sama mempunyai cooperative contract have a legal obligation to
kewajiban hukum untuk mencadangkan dana make provision related to post-operation
terkait kegiatan pemulihan pasca operasi recovery (Abandonment Site Restoration
(Abandonment Site Restoration (“ASR”)) yang (“ASR”)) also known as restoration
disebut dengan kewajiban restorasi/pemulihan obligation/recovery of operating area, which
area operasi, yang diantaranya terdiri dari consists of demolition, displacement, as well as
kegiatan pembongkaran, pemindahan, serta site restoration at the end of the contract.
pemulihan lokasi saat berakhirnya kontrak
kerjasama.
Berdasarkan UU No. 21 Tahun 2014, UU No. 11 Based on Law no. 21 of 2014, Law No. 11 of
Tahun 2020, PP No. 22 Tahun 2021 serta PP 2020, Government regulation No. 22 of 2021 and
No. 25 Tahun 2021, Perusahaan mempunyai Government regulation No. 25 of 2021, the
kewajiban untuk melakukan pemulihan Company has an obligation to perform site
lingkungan (site restoration) pada saat Izin restoration when the Geothermal Permit expires
Panas Bumi berakhir atau dikembalikan. Selain or is returned. Furthermore, the Company is
itu, Perusahaan diwajibkan untuk required to reserve site restoration fund.
mencadangkan dana pemulihan lingkungan.
Page 742
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/111 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
31. PERJANJIAN, KOMITMEN, DAN KONTINJENSI 31. SIGNIFICANT AGREEMENTS, COMMITMENTS
SIGNIFIKAN (lanjutan) AND CONTINGENCIES (continued)
c. Kontinjensi (lanjutan) c. Contingencies (continued)
Pemulihan Lokasi Pasca Operasi (lanjutan) Site Recovery After Operation (continued)
Namun, dengan mempertimbangkan bahwa However, considering that up to date there is no
sampai saat ini belum terdapat peraturan law regulating the deposit mechanisms,
perundang-undangan yang mengatur calculation, as well as the amount stipulation of
mekanisme penyetoran, tata cara perhitungan the ASR for the Geothermal Permit holder,
serta penetapan besaran dana yang mengatur therefore, management believe that there is no
ASR tersebut pada pemegang izin panas bumi, provision for ASR.
maka manajemen meyakini bahwa tidak
terdapat provisi yang dicadangkan atas
kewajiban ASR tersebut.
Atas pengembalian wilayah kerja Gunung Lawu, Upon the return the Gunung Lawu working area,
kegiatan yang dilakukan di wilayah kerja the activities done in the working area are still in
tersebut sejauh ini masih berupa kajian arkelogi the form of archaeological and sociological
dan sosiologi, serta belum diperolehnya izin studies, and no permit has been obtained,
termasuk izin lingkungan. Dengan demikian, including environmental permit. Thus, in Gunung
pada wilayah kerja Gunung Lawu, belum Lawu working area, there is no exploration
terdapat kegiatan eksplorasi yang dapat activity yet, which have an impact on
menimbulkan dampak terhadap lingkungan. environment. Therefore, management believes
Oleh karena itu, manajemen meyakini bahwa that there is no environmental recovery
tidak terdapat potensi kewajiban pemulihan obligation in Gunung Lawu working are since the
lingkungan pada proyek wilayah kerja Gunung physical exploration activity has not been done.
Lawu karena kegiatan fisik eksplorasi sampai
saat ini belum dilaksanakan.
Penyerahan Jaringan Transmisi PLTP Karaha Karaha PLTP Unit 1 Transmission Network
Unit 1 Handover
Sesuai dengan Perjanjian Jual Beli Tenaga Following the Power Purchase Agreement for
Listrik untuk PLTP Karaha Antara Perusahaan the Karaha Geothermal Power Plant between
dan PLN No. 199c/PGE000/2011-S0/127 - the Company and PLN No. 199c/PGE000/2011-
PJ/040/DIR/2011, tanggal 11 Maret 2011, pada S0/127 - PJ/040/DIR/2011, dated March 11,
Pasal 4.2.1 disampaikan bahwa Perusahaan 2011, Article 4.2.1 stipulates that the Group as
sebagai Penjual wajib membiayai dan the Seller, is obligated to finance and construct
membangun jaringan transmisi. Selanjutnya the transmission network. Subsequently, the
Perusahaan akan menyerahkan jaringan Company will deliver that transmission network
transmisi tersebut beserta tanah untuk tapak and the land for tower placement to PLN no later
tower kepada PLN selambat-lambatnya 30 (tiga than 30 (thirty) days after the commercial
puluh) hari setelah tanggal operasi komersial. operation date.
Pada tanggal 25 Juli 2024, telah dilakukan Joint On July 25, 2024, a Joint Committee Meeting
Committee Meeting (“JCM”) untuk membahas (“JCM”) was held to discuss accelerating the
percepatan serah terima transmisi ke PLN. handover of transmission to PLN.
Pada tanggal 9 Desember 2024, dalam On December 9, 2024, during the Follow-Up
Pembahasan Tindak Lanjut Rencana Serah Discussion on the Handover Plan for Special
Terima Aset Special Facilities Independent Facilities Assets of Independent Power
Power Producer (“IPP”) PLTP Karaha 1x30 MW, Producer (“IPP”) PLTP Karaha 1x30 MW, it was
disampaikan bahwa progres pengurusan conveyed that the certification process for tower
sertifikasi lahan tower masuk tahap pengurusan land had entered the technical preparation stage
persiapan teknis untuk 49 lahan. for 49 plots.
Page 743
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/112 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
32. INFORMASI SEGMEN 32. SEGMENT INFORMATION
Grup mengklasifikasikan dan mengevaluasi The Group classifies and evaluates its financial
informasi keuangan mereka menjadi pelaporan information into reportable operating segments
segmen usaha yang dikelompokkan menjadi dua (2) which are grouped into two (2) operational activities
kegiatan operasional dan pelaporan segmen and into reportable geographic segment which are
geografis yang dikelompokkan menjadi enam (6) grouped into six (6) location:
lokasi:
a) Segmen Usaha a) Operating Segment
Grup bergerak di kegiatan operasional sebagai The Group is engaged in the following
berikut: operational activities:
i. Operasi sendiri i. Own operations
ii. Kontrak Operasi Bersama dengan PLN ii. Joint Operating Contracts with PLN
Segmen penjualan KOB ke PLN memiliki aset JOC sales to PLN segment has identifiable
yang dapat dialokasikan berupa piutang usaha. assets in the form of account receivables.
Sedangkan untuk liabilitas yang dapat Whereas, the identifiable liabilities are in the
diatribusikan berupa utang usaha. Aset lainnya form of account payables. The other assets and
dan liabilitas lainnya seperti kas dan pinjaman other liabilities such as cash and loan are
dikelola secara terpusat melalui kantor pusat. managed centrally through head office.
b) Segmen Geografis b) Geographic Segment
Ringkasan berikut ini menggambarkan segmen The following summary describes the operating
operasi berdasarkan lokasi geografis dimana segments based on the geographical location
Grup melakukan kegiatan operasional: where the Group conducts operations:
i. Kamojang i. Kamojang
ii. Lahendong ii. Lahendong
iii. Ulubelu iii. Ulubelu
iv. Karaha iv. Karaha
v. Lumut Balai v. Lumut Balai
vi. Segmen lain vi. Other segments
Informasi mengenai segmen yang dilaporkan Information about reportable segments and
dan rekonsiliasi antara ukuran segmen dengan reconciliation between segment measures and
jumlah yang diakui dalam laporan keuangan the amounts recognized in the consolidated
konsolidasian adalah sebagai berikut: financial statements are as follows:
Page 744
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/113 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
32. INFORMASI SEGMEN (lanjutan) 32. SEGMENT INFORMATION (continued)
b) Segmen Geografis (lanjutan) b) Geographic Segment (continued)
31 Desember/December 31, 2024
Segmen Lain/
Lumut Other
Kamojang Lahendong Ulubelu Karaha Balai Segment Total
Pendapatan usaha 154.041 83.187 119.012 9.054 41.826 - 407.120 Revenue
Beban pokok pendapatan Cost of revenue
dan biaya langsung lainnya (30.679) (35.736) (51.747) (16.550) (29.490) (683) (164.885) and other direct cost
Laba bruto 123.362 47.451 67.265 (7.496) 12.336 (683) 242.235 Gross profit
General and administrative
Beban umum dan administrasi (11.945) (6.312) (9.182) (864) (3.181) (23) (31.507) expenses
Pendapatan Other
lain-lain, bersih (173) (93) (134) (10) (47) - (457) income, net
Laba usaha 111.244 41.046 57.949 (8.370) 9.108 (706) 210.271 Operating profit
Pendapatan keuangan 12.700 6.858 9.812 746 3.449 - 33.565 Finance income
Laba selisih kurs, bersiih 6.048 3.266 4.673 355 1.642 - 15.984 Foreign exchange gain, net
Bagian laba dari ventura bersama - - - - - 453 453 Share of profit in joint ventures
Beban keuangan (4.508) (4.207) (14.665) (2.500) (6.234) - (32.114) Finance cost
Laba/(rugi) sebelum Profit/(loss) before income
beban pajak penghasilan 125.484 46.963 57.769 (9.769) 7.965 (253) 228.159 tax expense
Beban pajak penghasilan (36.167) (13.344) (16.290) - (2.056) - (67.857) Income tax expense
Laba/(rugi) tahun berjalan 89.317 33.619 41.479 (9.769) 5.909 (253) 160.302 Profit/(loss) for the year
Informasi lain Other informations
Aset segmen 177.393 298.147 463.555 171.398 615.581 572.447 2.298.521 Segment’s assets
Aset yang tidak dapat dialokasikan 698.881 Unallocated assets
Total aset konsolidasian 2.997.402 Total consolidated assets
Liabilitas segmen 26.255 115.979 226.766 41.511 295.776 246.009 952.296 Segment’s liabilities
Liabilitas yang tidak dapat dialokasikan 36.354 Unallocated liabilites
Total liabilitas konsolidasian 968.650 Total consolidated liabilites
Beban penyusutan (15.607) (24.769) (39.165) (12.590) (21.202) - (113.333) Depreciation expense
Penambahan aset tetap 22.203 27.585 23.317 13.041 106.504 2.762 195.412 Fixed asset additions
31 Desember/December 31, 2023
Segmen Lain/
Lumut Other
Kamojang Lahendong Ulubelu Karaha Balai Segment Total
Pendapatan usaha 151.511 83.883 120.182 9.388 41.324 - 406.288 Revenue
Beban pokok pendapatan Cost of revenue
dan biaya langsung lainnya (28.931) (33.568) (48.536) (15.766) (29.131) (2.420) (158.352) and other direct cost
Laba bruto 122.580 50.315 71.646 (6.378) 12.193 (2.420) 247.936 Gross profit
General and administrative
Beban umum dan administrasi (9.697) (5.336) (7.485) (736) (2.878) (19) (26.151) expenses
Pendapatan/(beban) Other
lain-lain, bersih 1.592 882 1.263 99 434 - 4.270 income/(expenses),net
Laba usaha 114.475 45.861 65.424 (7.015) 9.749 (2.439) 226.055 Operating profit
Pendapatan keuangan 8.268 4.578 6.558 512 2.255 - 22.171 Finance income
Laba selisih kurs, bersih 6.321 3.499 5.014 392 1.724 - 16.950 Foreign exchange gain, net
Bagian laba dari ventura bersama - - - - - - - Share of profit in joint ventures
Beban keuangan (4.257) (4.184) (6.723) (2.608) (6.443) - (24.215) Finance cost
Laba/(rugi) sebelum Profit/(loss) before income
beban pajak penghasilan 124.807 49.754 70.273 (8.719) 7.285 (2.439) 240.961 tax expense
Beban pajak penghasilan (38.311) (15.273) (21.571) - (2.236) - (77.391) Income tax expense
Laba/(rugi) tahun berjalan 86.496 34.481 48.702 (8.719) 5.049 (2.439) 163.570 Profit/(loss) for the year
Informasi lain Other informations
Aset segmen 178.242 297.720 490.978 166.617 531.172 563.762 2.228.491 Segment’s assets
Aset yang tidak dapat dialokasikan 735.651 Unallocated assets
Total aset konsolidasian 2.964.142 Total consolidated assets
Liabilitas segmen 18.877 112.798 232.329 42.557 264.411 267.323 938.295 Segment’s liabilities
Liabilitas yang tidak dapat dialokasikan 54.590 Unallocated liabilites
Total liabilitas konsolidasian 992.885 Total consolidated liabilites
Beban penyusutan (16.332) (23.479) (37.828) (11.916) (21.076) - (110.631) Depreciation expense
Penambahan aset tetap 16.787 13.423 35.017 8.411 42.482 31.558 147.678 Fixed asset additions
Page 745
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/114 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
32. INFORMASI SEGMEN (lanjutan) 32. SEGMENT INFORMATION (continued)
b) Segmen Geografis (lanjutan) b) Geographic Segment (continued)
Segmen Kamojang, Lahendong, Ulubelu, Kamojang, Lahendong, Ulubelu, Karaha, Lumut
Karaha, Lumut Balai dan Segmen lain memiliki Balai and Other segment have identifiable
aset yang dapat dialokasikan berupa: aset tetap, assets in the form of: fixed assets, inventories,
persediaan dan piutang usaha. Sedangkan and account receivables. Whereas, the
untuk liabilitas yang dapat diatribusikan berupa identifiable liabilities are in the form of account
utang usaha dan beban yang masih harus payables and accrued expenses. The other
dibayar. Aset lainnya dan liabilitas lainnya assets and other liabilities such as cash and loan
seperti kas dan pinjaman dikelola secara are managed centrally through head office.
terpusat melalui kantor pusat.
Untuk wilayah kerja panas bumi yang belum For geothermal working area that are not yet
beroperasi, yaitu Hululais, Bukit Daun, Sungai operated, namely Hululais, Bukit Daun, Sungai
Penuh, Kotamobagu, dan Seulawah, aset Penuh, Kotamobagu, and Seulawah, the
segmennya masih dikelola oleh kantor pusat, segment’s assets are still managed by the head
sehingga disajikan sebagai bagian dari segmen office, so they are reported as parts of other
lain. segment.
Tidak terdapat transaksi antar segmen pada There are no inter-segment transactions in the
segmen operasi Grup. Group's operating segments.
Untuk wilayah kerja panas bumi yang dihentikan For the discontinued geothermal working area
operasinya yaitu Sibayak disajikan sebagai namely Sibayak, it is reported as a part of other
bagian dari segmen lain. segments.
33. ASET DAN LIABILITAS KEUANGAN DALAM 33. FINANCIAL ASSETS AND LIABILITIES IN
MATA UANG ASING FOREIGN CURRENCIES
Grup memiliki aset dan liabilitas dalam mata uang The Group has assets and liabilities denominated in
asing dengan rincian sebagai berikut (dalam satuan foreign currencies as follows (in full amounts):
penuh):
31 Desember/December 31, 2024
Rupiah Yen Euro Pound USD
Aset keuangan Financial assets
Kas dan setara kas 164.557.518.892 - 706.884 - 644.269.252 Cash and cash equivalents
Kas yang
dibatasi penggunaannya 4.976.397.851 - - - - Restricted cash
Piutang usaha Trade receivables
- Pihak yang berelasi - - - - 124.626.524 Related parties -
- Pihak ketiga - - - - 3.498.414 Third parties -
Piutang lain-lain Other receivables
- Pihak yang berelasi 143.722.023.939 - - - 2.674.730 Related parties -
- Pihak ketiga 1.590.236.666 - - - - Third parties -
Aset keuangan yang dinilai
pada nilai wajar melalui Financial assets at
penghasilan komprehensif fair value through other
lain 48.000.000 - - - 21.711.291 comprehensive income
314.894.177.348 - 706.884 - 796.780.211
Liabilitas Keuangan Financial liabilities
Utang usaha Trade payables
- Pihak yang berelasi (35.800.867.042) - - - (18.166) Related parties -
- Pihak ketiga (155.451.791.956) (944.307.010) (192.826) - (78.756.217) Third parties -
Utang lain-lain Other payables
- Pihak yang berelasi (126.923.211.711) - - - (2.281.247) Related parties -
Utang Obligasi - - - - (398.643.210) Bonds Payable
Pinjaman jangka panjang Long-term loans
- Pihak yang berelasi - (18.380.903.724) - - (226.767.274) Related party -
Biaya yang masih
harus dibayar (810.044.308.054) (1.628.761.739) (46.794) - (27.548.995) Accrued expenses
Liabilitas sewa (63.824.075.666) - - - - Lease Liabilities
(1.192.044.254.429) (20.953.972.473) (239.620) - (734.015.109)
Aset/(liabilitas) neto (877.150.077.081) (20.953.972.473) 467.264 - 62.765.102 Net asset/(liabilities)
Page 746
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/115 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
33. ASET DAN LIABILITAS KEUANGAN DALAM 33. FINANCIAL ASSETS AND LIABILITIES IN
MATA UANG ASING (lanjutan) FOREIGN CURRENCIES (continued)
31 Desember/December, 31 2023
Rupiah Yen Euro Pound USD
Aset keuangan Financial assets
Kas dan setara kas 39.050.907.766 - 706.914 - 674.402.549 Cash and cash equivalents
Piutang usaha Trade receivables
- Pihak yang berelasi - - - - 132.273.373 Related parties -
- Pihak ketiga - - - - 4.017.795 Third parties -
Piutang lain-lain Other receivables
- Pihak yang berelasi 170.382.682.609 - - - 2.640.131 Related parties -
- Pihak ketiga 1.562.884.902 - - - - Third parties -
Aset keuangan yang dinilai
pada nilai wajar melalui Financial assets at
penghasilan komprehensif fair value through other
lain 48.000.000 - - - 28.999.830 comprehensive income
211.044.475.277 - 706.914 - 842.333.678
Liabilitas Keuangan Financial liabilities
Utang usaha Trade payables
- Pihak yang berelasi (67.254.558.611) - - - (186.853) Related parties -
- Pihak ketiga (125.626.067.760) - - - (69.840.053) Third parties -
Utang lain-lain Other payables
- Pihak yang berelasi (77.917.672.469) (308.138.702) - - (18.717.556) Related parties -
Utang Obligasi (398.236.173) Bonds Payable
Pinjaman jangka Panjang Long-term loans
- Pihak yang berelasi - (13.322.956.945) - - (235.989.616) Related party -
Biaya yang masih
harus dibayar (541.346.650.903) (22.961.787) (192.987) - (47.893.421) Accrued expenses
Liabilitas sewa (31.231.860.645) - - - - Lease Liabilities
(843.376.810.388) (13.654.057.434) (192.987) - (770.863.672)
Aset/(liabilitas) neto (632.332.335.111) (13.654.057.434) 513.927 - 71.470.006 Net asset/(liabilities)
34. PERUBAHAN LIABILITAS YANG TIMBUL DARI 34. CHANGES IN LIABILITIES ARISING FROM
AKTIVITAS PENDANAAN FINANCING ACTIVITIES
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
Pinjaman Bank Bank loans
Saldo awal - 600.000 Beginning balance
Arus kas: Cash flow:
- Jangka Pendek - (600.000) Short-term -
Saldo akhir - - Ending balance
Utang Obligasi Bonds Payable
Saldo awal 398.236 - Beginning balance
Arus kas: Cash flow:
- Utang Obligasi - 399.737 Bonds payable -
Perubahan non-kas: Non-cash changes:
- Beban transaksi yang ditangguhkan Deferred transaction costs -
dikurangi akumulasi amortisasi 407 (1.501) amortization net of accumulated
Saldo akhir (Catatan 16) 398.643 398.236 Ending balance (Note 16)
Page 747
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/116 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
34. PERUBAHAN LIABILITAS YANG TIMBUL DARI 34. CHANGES IN LIABILITIES ARISING FROM
AKTIVITAS PENDANAAN (lanjutan) FINANCING ACTIVITIES (continued)
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
Pinjaman jangka Panjang Long-term loans
Saldo awal 330.583 343.593 Beginning balance
Arus kas: Cash flow:
- Pinjaman khusus (14.824) (10.695) Spesific loan -
Perubahan non-kas: Non-cash changes:
- Pinjaman khusus 37.646 8.381 Specific loan -
- Selisih kurs (10.186) (10.696) Foreign exchange -
Saldo akhir (Catatan 26j) 343.219 330.583 Ending balance (Note 26j)
Utang lain-lain - Pertamina Other payables - Pertamina
Saldo awal 25.561 27.029 Beginning balance
Arus kas: Cash flow:
- Bunga - - Interest -
Perubahan non-kas: Non-cash changes:
- Beban bunga - - Interest expense -
- Lain-lain (18.265) (1.468) Others -
Saldo akhir (Catatan 26i) 7.296 25.561 Ending balance (Note 26i)
35. AKTIVITAS YANG TIDAK MEMPENGARUHI 35. ACTIVITIES NOT AFFECTING CASH FLOWS
ARUS KAS
31 Desember/ 31 Desember/
December 31, December 31,
2024 2023
Penambahan aset Geothermal property
panas bumi yang berasal dari additions resulting from
- Pinjaman khusus 37.646 5.242 Specific loan -
- Kapitalisasi biaya Capitalization of -
bunga pinjaman 3.495 12.264 borrowing costs
Transaksi non kas lainnya adalah perolehan aset The other non-cash transaction is acquisition of
berupa kendaraan dan gedung melalui mekanisme assets which are vehicles and building through lease
sewa sebagaimana yang telah dijabarkan dalam mechanism as discussed in Note 10.
Catatan 10.
Page 748
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/117 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
36. STANDAR AKUNTANSI YANG TELAH 36. ACCOUNTING STANDARDS ISSUED BUT NOT
DITERBITKAN NAMUN BELUM BERLAKU YET EFFECTIVE
EFEKTIF
Standar akuntansi yang telah diterbitkan sampai The accounting standards that have been issued up
tanggal penerbitan laporan keuangan konsolidasian to the date of issuance of the Group’s consolidated
Grup namun belum berlaku efektif, diungkapkan di financial statements, but not yet effective, are
bawah ini. Manajemen bermaksud untuk disclosed below. The management intends to adopt
menerapkan standar-standar tersebut yang these standards that are considered relevant to the
dipertimbangkan relevan terhadap Grup pada saat Group when they become effective, and the impact to
efektif, dan dampaknya terhadap posisi dan kinerja the consolidated financial position and performance
keuangan konsolidasian Grup masih dievaluasi pada of the Group is still being evaluated as of March 24,
tanggal 24 Maret 2025: 2025:
Mulai efektif pada atau setelah tanggal 1 Januari Effective beginning on or after January 1, 2025
2025
Amandemen PSAK 221: Kekurangan Ketertukaran Amendment of PSAK 221: Lack of Exchangeability
Amandemen tersebut mengharuskan pengungkapan The amendments require disclosure of information
informasi yang memungkinkan pengguna laporan that enables users of financial statements to
keuangan memahami dampak mata uang yang tidak understand the impact of a currency not being
dapat dipertukarkan dengan mata uang lain yang exchangeable into the other currency affects, or is
memengaruhi, atau diperkirakan akan memengaruhi, expected to affect, the entity’s financial performance,
kinerja keuangan, posisi keuangan, dan arus kas financial position and cash flows. The amendments
entitas. Amandemen berlaku untuk periode apply for annual reporting periods beginning on or
pelaporan tahunan yang dimulai pada atau setelah 1 after 1 January 2025. Earlier application is permitted
Januari 2025. Penerapan dini diperkenankan dimana which an entity is required to disclose that fact.
entitas diharuskan mengungkapkan fakta tersebut.
Grup saat ini sedang menilai dampak dari The Group is currently assessing the impact of the
amandemen tersebut terhadap pelaporan keuangan amendment on the Group’s financial reporting.
Grup.
PSAK 117: Kontrak Asuransi PSAK 117: Insurance Contracts
Standar akuntansi baru yang komprehensif untuk A comprehensive new accounting standard for
kontrak asuransi yang mencakup pengakuan dan insurance contracts covering recognition and
pengukuran, penyajian dan pengungkapan, pada measurement, presentation and disclosure, upon its
saat berlaku efektif PSAK 117 akan menggantikan effective date, PSAK 117 will replace PSAK 104:
PSAK 62: Kontrak Asuransi. PSAK 104: Kontrak Insurance Contracts. PSAK 117 applies to all types
asuransi berlaku untuk semua jenis kontrak asuransi, of insurance contracts, life, non-life, direct insurance
jiwa, non-jiwa, asuransi langsung dan reasuransi, and re-insurance, regardless of the entities issuing
terlepas dari entitas yang menerbitkannya, serta them, as well as to certain guarantees and financial
untuk jaminan dan instrumen keuangan tertentu instruments with discretionary participation features,
dengan fitur partisipasi tidak mengikat, serta while a few scope exceptions will apply. The overall
beberapa pengecualian ruang lingkup akan berlaku. objective of PSAK 117 is to provide an accounting
Tujuan keseluruhan dari PSAK 117 adalah untuk model for insurance contracts that is more useful and
menyediakan model akuntansi untuk kontrak consistent for insurers.
asuransi yang lebih bermanfaat dan konsisten untuk
asuradur.
Page 749
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/118 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
36. STANDAR AKUNTANSI YANG TELAH 36. ACCOUNTING STANDARDS ISSUED BUT NOT
DITERBITKAN NAMUN BELUM BERLAKU YET EFFECTIVE
EFEKTIF
Mulai efektif pada atau setelah tanggal 1 Januari Effective beginning on or after January 1, 2025
2025 (lanjutan) (continued)
PSAK 117: Kontrak Asuransi (lanjutan) PSAK 117: Insurance Contracts (continued)
PSAK 117 berlaku efektif untuk periode pelaporan PSAK 117 is effective for reporting periods beginning
yang dimulai pada atau setelah tanggal 1 Januari on or after January 1, 2025, with comparative figures
2025, dengan mensyaratkan angka komparatif. required. Early application is permitted, provided the
Penerapan dini diperkenankan bila entitas juga entity also applies PSAK 109 and PSAK 115 on or
menerapkan PSAK 109 dan PSAK 115 pada atau before the date of initial application of PSAK 117.
sebelum tanggal penerapan awal PSAK 117. Standar This standard is not expected to have any impact to
ini tidak diharapkan memiliki dampak pada pelaporan the financial reporting of the Group upon first-time
keuangan Grup pada saat diadopsi untuk pertama adoption because the Group does not issue
kali karena menerbitkan kontrak asuransi seperti insurance contracts as defined in PSAK 117.
didefiniskan dalam PSAK 117.
Mulai efektif pada atau setelah tanggal 1 Januari Effective beginning on or after January 1, 2026
2026
PSAK 109: Instrumen Keuangan dan PSAK 107 PSAK 109: Financial Instruments and PSAK 107
Instrumen Keuangan: Pengungkapan tentang Financial Instruments: Disclosures about the
Klasifikasi dan Pengukuran Instrumen Keuangan Classification and Measurement of Financial
Instruments
Amendemen ini menambahkan dan mengklarifikasi These amendments add and clarify provisions in
ketentuan dalam PSAK 109 terkait penghentian PSAK 109 related to the derecognition of financial
pengakuan liabilitas keuangan, serta mengklarifikasi liabilities and clarify the assessment of cash flow
penilaian karakteristik arus kas untuk aset keuangan characteristics for ESG-linked financial assets,
dengan fitur ESG-linked, aset keuangan dengan fitur financial assets with non-recourse features, and
non-recourse, dan instrumen yang terikat secara contractually bound instruments such as tranches.
kontraktual seperti tranche. Amendemen ini juga These amendments also change the provisions in
mengubah ketentuan dalam PSAK 107 terkait PSAK 107 related to disclosure requirements for
persyaratan pengungkapan investasi pada instrumen investments in equity instruments measured at fair
ekuitas yang diukur pada nilai wajar melalui value through other comprehensive income and add
penghasilan komprehensif lain dan menambah provisions related to financial instruments with
ketentuan terkait instrumen keuangan dengan contractual terms that change the timing or amount
persyaratan kontraktual yang mengubah waktu atau of contractual cash flows.
jumlah arus kas kontraktual.
37. PERISTIWA SETELAH PERIODE PELAPORAN 37. EVENTS AFTER THE REPORTING PERIOD
Pada tanggal 21 Februari 2025, Perusahaan On February 21, 2025, the Company submitted an
menyampaikan laporan keterbukaan informasi information disclosure report regarding the listing of
perihal pencatatan efek bersifat ekuitas dan pra equity securities and pre-listing of shares of the
pencatatan saham atas Program MESOP Tahap III. MESOP Program Phase III. The number of options
Jumlah opsi yang diberikan adalah sebesar granted is 126.079.600 shares with an exercise price
126.079.600 lembar saham dengan harga of Rp838 (full amount) and vesting schedule until
pelaksanaan opsi senilai Rp838 (nilai penuh) dan August 23, 2025. The exercise period of phase III of
jadwal vesting hingga 23 Agustus 2025. Periode this option is divided into three times windows
pelaksanaan hak opsi Tahap III ini dibagi menjadi 3 exercise periods on i) August 24, 2025 ii) February 24,
kali periode jendela pelaksanaan pada i) 24 Agustus 2026, iii) August 24, 2026. Each such period lasts 30
2025, iii) 24 Februari 2026 dan iv) 24 Agustus 2026. trading days and expires on January 26, 2027.
Masing-masing periode tersebut dilakukan selama
30 hari bursa dengan tanggal kedaluarsa 26 Januari
2027.
Page 750
PT PERTAMINA GEOTHERMAL ENERGY TBK
DAN ENTITAS ANAKNYA / AND ITS SUBSIDIARIES
Lampiran 5/119 Schedule
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE CONSOLIDATED
KONSOLIDASIAN TANGGAL 31 DESEMBER 2024 FINANCIAL STATEMENTS
DAN UNTUK TAHUN YANG BERAKHIR PADA AS OF DECEMBER 31, 2024 AND
TANGGAL TERSEBUT FOR THE YEAR THEN ENDED
(Disajikan dalam ribuan dolar Amerika Serikat, (Expressed in thousands of United States dollar,
kecuali dinyatakan lain) unless otherwise stated)
38. REKLASIFIKASI AKUN 38. RECLASSIFICATION OF ACCOUNTS
Grup melakukan reklasifikasi akun pada laporan laba The Group reclassified the accounts in the
rugi dan penghasilan komprehensif lain consolidated statements of profit or loss and other
konsolidasian atas beban pokok pendapatan dan comprehensive income for cost of revenue, other
beban langsung lainnya dan beban umum dan direct expenses, and general and administrative
administrasi (Catatan 21, 22, 32b) dan laporan arus expenses (Notes 21, 22, and 32b) and consolidated
kas konsolidasian untuk periode yang berakhir 31 statements of cash flows for the period ended
Desember 2023, agar sesuai dengan penyajian December 31, 2023, to conform with the presentation
laporan keuangan konsolidasian untuk periode yang of consolidated financial statements for the period
berakhir 31 Desember 2024. ended December 31, 2024.
Sebelum Setelah
reklasifikasi/ reklasifikasi/
before Reklasifikasi/ after
reclassification reclassification reclassification
31 Desember 2023 December 31, 2023
Laporan Laba Rugi dan Consolidated Statements
Penghasilan Komprehensif of Profit or Loss and Other
Lain Konsolidasian Comprehensive Income
Pendapatan 406.288 - 406.288 Revenue
Beban pokok pendapatan Cost of revenue
dan beban langsung lainnya (178.977) 20.625 (158.352) and other direct cost
Laba Bruto 227.311 247.936 Gross Profit
General and
Beban umum dan administrasi (5.526) (20.625) (26.151) administrative expenses
Pendapatan keuangan 22.171 (22.171) - Finance income
Pendapatan/(beban) lain-lain, bersih 21.220 (16.950) 4.270 Other income/(expense), net
Laba Usaha 265.176 226.055 Operating Profit
Pendapatan keuangan - 22.171 22.171 Finance income
Laba selisih kurs - 16.950 16.950 Gain foreign exchange
Beban keuangan (24.215) (24.215) Finance costs
Laba sebelum Beban Profit Before
Pajak Penghasilan 240.961 240.961 Income Tax Expense
Laporan Arus Kas Consolidated Statements of
Konsolidasian Cash Flows
Arus kas dari aktivitas operasi Cash flows from operating activities
Pembayaran kas kepada pemasok (476.309) 2.184 (474.125) Cash paid to suppliers
Arus kas dari aktivitas pendanaan Cash flows from financing activities
Pembayaran liabilitas sewa - (2.184) (2.184) Payments of lease liabilities
Page 751
Page 752
DAFTAR PENGUNGKAPAN SESUAI SEOJK
LIST OF DISCLOSURE BASED ON CIRCULAR OF THE FINANCIAL SERVICES AUTHORITY
DAFTAR PENGUNGKAPAN SESUAI
SEOJK NO 16/SEOJK.04/2021 TENTANG
BENTUK DAN ISI LAPORAN TAHUNAN
EMITEN ATAU PERUSAHAAN PUBLIK
LIST OF DISCLOSURE BASED ON CIRCULAR OF THE
FINANCIAL SERVICES AUTHORITY NUMBER 16/
SEOJK.04/2021 ON FORMS AND CONTENTS OF
ISSUER’S OR PUBLIC LISTED COMPANY’S ANNUAL
REPORT
752 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 753
2024 Annual Report PT Pertamina Geothermal Energy Tbk 753
Page 754
DAFTAR PENGUNGKAPAN SESUAI SEOJK
LIST OF DISCLOSURE BASED ON CIRCULAR OF THE FINANCIAL SERVICES AUTHORITY
DAFTAR PENGUNGKAPAN SESUAI
SEOJK NO 16/SEOJK.04/2021 TENTANG
BENTUK DAN ISI LAPORAN TAHUNAN
EMITEN ATAU PERUSAHAAN PUBLIK
LIST OF DISCLOSURE BASED ON CIRCULAR OF THE
FINANCIAL SERVICES AUTHORITY NUMBER 16/
SEOJK.04/2021 ON FORMS AND CONTENTS OF ISSUER’S OR
PUBLIC LISTED COMPANY’S ANNUAL REPORT
Halaman
No. Keterangan Description
Page
Laporan Tahunan paling sedikit memuat informasi 1. Annual Report should contain at least the following
1.
mengenai: information:
a. Ikhtisar data keuangan penting a. Summary of key financial information
b. Informasi saham (jika ada) b. Stock information (if any)
c. Laporan Direksi c. The Board of Directors report
d. Laporan Dewan Komisaris d. The Board of Commissioners report
e. Profil Emiten atau Perusahaan Publik e. Profile of Issuer or Public Company
f. Analisis dan pembahasan manajemen f. Management discussion and analysis
g. Tata kelola Emiten atau Perusahaan Publik g. Corporate governance applied by the Issuer or
Public Company
h. Tanggung jawab sosial dan lingkungan Emiten h. Corporate social and environmental
atau Perusahaan Publik responsibility of the Issuer or Public Company
i. Laporan keuangan tahunan yang telah diaudit i. Audited annual report
j. Surat pernyataan anggota Direksi dan anggota j. Statement that the Board of Directors and the
Dewan Komisaris tentang tanggung jawab atas Board of Commissioners are fully responsible
Laporan Tahunan for the Annual Report
2. Uraian Isi Laporan Tahunan 2. Description of Content of Annual Report
a. Ikhtisar Data Keuangan Penting 18-20 a. Summary of Key Financial Information
Ikhtisar Data Keuangan Penting memuat Summary of Key Financial Information contains
informasi keuangan yang disajikan dalam bentuk financial information presented in comparison
perbandingan selama 3 (tiga) tahun buku with previous 3 (three) fiscal years or since
atau sejak memulai usahanya jika Emiten atau commencement of business if the Issuers or the
Perusahaan Publik tersebut menjalankan kegiatan Public Company commencing the business less
usahanya kurang dari 3 (tiga) tahun, paling sedikit than 3 (three) years, at least contain:
memuat:
1) Pendapatan/penjualan 18 1) Income/sales
2) Laba bruto 18 2) Gross profit
3) Laba (rugi) 18 3) Profit (loss)
4) Jumlah laba (rugi) yang dapat 19 4) Total profit (loss) attributable to
diatribusikan kepada pemilik entitas equity holders of the parent entity
induk dan kepentingan non pengendali and noncontrolling interest
5) Total laba (rugi) komprehensif 19 5) Total comprehensive profit (loss)
6) Jumlah laba (rugi) komprehensif yang 19 6) Total comprehensive profit (loss)
dapat diatribusikan kepada pemilik attributable to equity holders of the
entitas induk dan kepentingan non parent entity and non controlling
pengendali interest
7) Laba (rugi) per saham 19 7) Earning (loss) per share
8) Jumlah aset 18 8) Total assets
9) Jumlah liabilitas 18 9) Total liabilities
10) Jumlah ekuitas 18 10) Total equities
11) Rasio laba (rugi) terhadap jumlah aset 20 11) Profit (loss) to total assets ratio
12) Rasio laba (rugi) terhadap ekuitas 20 12) Profit (loss) to equities ratio
13) Rasio laba (rugi) terhadap pendapatan/ 20 13) Profit (loss) to income ratio
penjualan
754 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 755
Halaman
No. Keterangan Description
Page
14) Rasio lancar 20 14) Current ratio
15) Rasio liabilitas terhadap ekuitas 20 15) Liabilities to equities ratio
16) Rasio liabilitas terhadap jumlah aset 20 16) Liabilities to total assets ratio
17) Informasi dan rasio keuangan lainnya 20 17) Other information and financial
yang relevan dengan Emiten atau ratios relevant to the Issuer or Public
Perusahaan Publik dan jenis industrinya Company and type of Industry.
b. Informasi Saham 22-28 b. Stock Information
Informasi Saham (jika ada) paling sedikit memuat: Stock Information (if any) at least contains:
1. Saham yang telah diterbitkan untuk 22 1. Shares issued for each three-month
setiap masa triwulan (jika ada) yang period in the last 2 (two) fiscal years
disajikan dalam bentuk perbandingan (if any), at least covering:
selama 2 (dua) tahun buku terakhir,
paling sedikit meliputi:
a) Jumlah saham yang beredar 22 a) Number of outstanding shares
b) Kapitalisasi pasar berdasarkan 22 b) Market capitalization based on
harga pada Bursa Efek tempat the price at the Stock Exchange
saham dicatatkan where the shares listed on
c) Harga saham tertinggi, terendah, 22 c) Highest share price, lowest
dan penutupan berdasarkan harga share price, closing share price
pada Bursa Efek tempat saham at the Stock Exchange where
dicatatkan the shares listed on
d) Volume perdagangan pada Bursa 22 d) Share volume at the Stock
Efek tempat saham dicatatkan Exchange where the shares
listed on
Informasi pada huruf a) diungkap oleh 22 Information in point a) should be
Emiten yang merupakan Perusahaan disclosed by the Issuer, the public
Terbuka yang sahamnya tercatat company whose shares is listed or
maupun tidak tercatat di Bursa Efek. not listed in the Stock Exchange
Informasi pada huruf b), c), dan huruf Information in point b), point c), and
d) hanya diungkapkan jika Emiten point d) only be disclosed if the Issuer
merupakan Perusahaan Terbuka dan is a public company whose shares is
sahamnya tercatat di Bursa Efek listed in the Stock Exchange
2. Dalam hal terjadi aksi korporasi, 2. In the event of corporate actions,
seperti pemecahan saham (stock including stock split, reverse stock,
split), penggabungan saham (reverse dividend, bonus share, and change
stock), dividen saham, saham bonus, in par value of shares, then the share
dan perubahan nilai nominal saham, price referred to in point 1), should
informasi saham sebagaimana dimaksud be added with explanation on:
pada angka 1) ditambahkan penjelasan
paling sedikit mengenai:
a) Tanggal pelaksanaan aksi 26-28 a) Date of corporate action
korporasi
b) Rasio pemecahan saham (stock 26-28 b) Stock split ratio, reverse stock,
split), penggabungan saham dividend, bonus shares, and
(reverse stock), dividen saham, change in par value of shares
saham
c) Jumlah saham beredar sebelum 26-28 c) Number of outstanding shares
dan sesudah aksi korporasi prior to and after corporate
action
d) Jumlah efek konversi yang 26-28 d) The number of convertible
dilaksanakan (jika ada) securities exercised (if any)
e) Harga saham sebelum dan 26-28 e) Share price prior to and after
sesudah aksi korporasi corporate action
3. Dalam hal terjadi penghentian sementara 28 3. In the event that the company’s shares
perdagangan saham (suspension), dan/ were suspended and/or delisted from
atau penghapusan pencatatan saham trading during the year under review,
(delisting) dalam tahun buku, Emiten then the Issuers or Public Company
atau Perusahaan Publik menjelaskan should provide explanation on the
alasan penghentian sementara reason for the suspension and/or
perdagangan saham (suspension) dan/ delisting
atau penghapusan pencatatan saham
(delisting) tersebut
2024 Annual Report PT Pertamina Geothermal Energy Tbk 755
Page 756
DAFTAR PENGUNGKAPAN SESUAI SEOJK
LIST OF DISCLOSURE BASED ON CIRCULAR OF THE FINANCIAL SERVICES AUTHORITY
Halaman
No. Keterangan Description
Page
4. Dalam hal penghentian sementara 28 4. In the event that the suspension and/
perdagangan saham (suspension) dan/ or delisting as referred to in point 3)
atau penghapusan pencatatan saham was still in effect until the date of the
(delisting) sebagaimana dimaksud pada Annual Report, then the Issuer or the
angka 3) masih berlangsung hingga Public Company should also explain
akhir periode Laporan Tahunan, Emiten the corporate actions taken by the
atau Perusahaan Publik menjelaskan company in resolving the suspension
tindakan yang dilakukan untuk and/or delisting
menyelesaikan penghentian sementara
perdagangan saham (suspension) dan/
atau penghapusan pencatatan saham
(delisting) tersebut
c. Laporan Direksi 68-92 c. The Board of Directors Report
Laporan Direksi paling sedikit memuat: The Board of Directors Report should at least
contain the following items:
1. Uraian singkat mengenai kinerja Emiten 1. The performance of the Issuer or
atau Perusahaan Publik, paling sedikit Public Company, at least covering:
meliputi:
a) Strategi dan kebijakan strategis 78-82 a) Strategy and strategic policies
Emiten atau Perusahaan Publik of the Issuer or Public Company
b) Peranan Direksi dalam perumusan 83 b) Role of the Board of Directors
strategi dan kebijakan strategis in formulating strategies and
Emiten atau Perusahaan Publik strategic policies of Issuers or
Public Companies
c) Proses yang dilakukan Direksi 83-84 c) Process carried out by the
untuk memastikan implementasi Board of Directors to ensure the
strategi Emiten atau Perusahaan implementation of the Issuer’s or
Publik Public Company’s strategy
d) Perbandingan antara hasil yang 73-75 d) Comparison between
dicapai dengan yang ditargetkan achievement of results and
targets
e) Kendala yang dihadapi Emiten 75-78 e) Challenges faced by the Issuer
atau Perusahaan Publik or Public Company
2. Gambaran tentang prospek usaha 89-91 2. Description on business prospects
3. Penerapan tata kelola Emiten atau 84-89 3. Implementation of good corporate
Perusahaan Publik governance by Issuer or Public
Company
4. Perubahan komposisi anggota Direksi 91-92 4. Changes in the composition of the
dan alasan perubahannya (jika ada) Board of Directors and the reason
behind (if any)
d. Laporan Dewan Komisaris 52-66 d. The Board of Commissioners Report
Laporan Dewan Komisaris paling sedikit memuat: The Board of Commissioners Report should at
least contain the following items:
1. Penilaian terhadap kinerja Direksi 56-58 1. Assessment on the performance of
mengenai pengelolaan Emiten atau the Board of Directors in managing
Perusahaan Publik the Issuer or the Public Company
2. Pengawasan terhadap implementasi 58-59 2. Supervision on the implementation
strategi Emiten atau Perusahaan Publik of the strategy of the Issuer or Public
Company
3. Pandangan atas prospek usaha Emiten 63-64 3. View on the business prospects of
atau Perusahaan Publik yang disusun the Issuer or Public Company as
oleh Direksi established by the Board of Directors
4. Pandangan atas penerapan tata kelola 60-63 4. View on the implementation of the
Emiten atau Perusahaan Publik corporate governance by the Issuer
or Public
5. Perubahan komposisi anggota Dewan 65 5. Changes in the composition of the
Komisaris dan alasan perubahannya Board of Commissioners and the
(jika ada) reason behind(if any)
e. Profil Emiten atau Perusahaan Publik 94-179 e. Profile of the Issuer or Public Company
Profil Emiten atau Perusahaan Publik paling sedikit Profile of the Issuer or Public Company should
memuat: cover at least:
1. Nama Emiten atau Perusahaan Publik 97 1. Name of Issuer or Public Company,
termasuk apabila terdapat perubahan including change of name, reason
nama, alasan perubahan, dan tanggal of change, and the effective date of
efektif perubahan nama pada tahun the change of name during the year
buku under review
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2. Akses terhadap Emiten atau Perusahaan 97 2. Access to Issuer or Public Company,
Publik termasuk kantor cabang atau including branch office or
kantor perwakilan yang memungkinkan representative office, where public
masyarakat dapat memperoleh informasi can have access of information of
mengenai Emiten atau Perusahaan the Issuer or Public Company, which
Publik, meliputi: include:
a) Alamat 97 a) Address
b) Nomor telepon 97 b) Telephone number
c) Nomor faksimile 97 c) Facsimile number
d) Alamat surat elektronik 97 d) E-mail address
e) Alamat Situs Web 97 e) Website address
3. Riwayat singkat Emiten atau Perusahaan 99-104 3. Brief history of the Issuer or Public
Publik Company
4. Visi dan misi Emiten atau Perusahaan 105-106 4. Vision and mission of the Issuer or
Publik Public Company
5. Kegiatan usaha menurut anggaran 107-111 5. Line of business according to the
dasar terakhir, kegiatan usaha yang latest Articles of Association, and
dijalankan pada tahun buku, serta jenis types of products and/or services
barang dan/atau jasa yang dihasilkan produced
6. Wilayah operasional Emiten atau 112-115 6. Operational area of the Issuer or
Perusahaan Publik Public Company
7. Struktur organisasi Emiten atau 116-117 7. Structure of organization of the Issuer
Perusahaan Publik dalam bentuk bagan, or Public Company in chart form, at
paling sedikit sampai dengan struktur 1 least 1(one) level below the Board of
(satu) tingkat di bawah Direksi, disertai Directors, with the names and titles
dengan nama dan jabatan
8. Daftar keanggotaan asosiasi industri 176 8. List of industry association
baik dalam skala nasional maupun memberships both on a national
internasional yang berkaitan dengan and international scale related to
penerapan keuangan berkelanjutan the implementation of sustainable
finance
9. Profil Direksi, paling sedikit memuat: 138-145 9. The Board of Directors profiles
include:
a) Nama dan jabatan yang sesuai 138-145 a) Name and short description of
dengan tugas dan tanggung jawab duties and functions
b) Foto terbaru 138-145 b) Latest photograph
c) Usia 138-145 c) Age
d) Kewarganegaraan 138-145 d) Citizenship
e) Riwayat pendidikan 138-145 e) Education
f) Riwayat jabatan, meliputi informasi: 138-145 f) History position, covering
information on:
- Dasar hukum penunjukan sebagai 138-145 - Legal basis for appointment
anggota Direksi pada Emiten as member of the Board of
atau Perusahaan Publik yang Directors to the said Issuer or
bersangkutan Public Company
- Rangkap jabatan, baik sebagai 138-145 - Dual position, as member
anggota Direksi, anggota Dewan of the Board of Directors,
Komisaris, dan/atau anggota member of the Board of
komite serta jabatan lainnya (jika Commissioners, and/or
ada) member of committee, and
other position (if any)
- Pengalaman kerja beserta periode 138-145 - Working experience and
waktunya baik di dalam maupun di period in and outside the
luar Emiten atau Perusahaan Publik Issuer or Public Company.
g) Hubungan afiliasi dengan anggota 138-145 g) Affiliation with other members of
Direksi lainnya, anggota Dewan the Board of Directors, members
Komisaris, pemegang saham utama, of the Board of Commissioners,
dan pengendali baik langsung majority and controlling
maupun tidak langsung sampai shareholders, either directly
kepada pemilik individu, meliputi or indirectly to individual
nama pihak yang terafiliasi owners, including names of
affiliated parties. In the event
that a member of the Board of
Directors has no affiliation, the
Issuer or Public Company shall
disclose this matter
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h) Perubahan komposisi anggota 118-123 h) Changes in the composition of
Direksi dan alasan perubahannya. the members of the Board of
Dalam hal tidak terdapat perubahan Directors and the reasons for the
komposisi anggota Direksi, maka changes. In the event that there
diungkapkan mengenai hal tersebut is no change in the composition
of the members of the Board of
Directors, this matter shall be
disclosed
10. Profil Dewan Komisaris, paling sedikit 124-136 10. The Board of Commissioners profiles,
memuat: at least include:
a) Nama 124-136 a) Name
b) Foto terbaru 124-136 b) Latest photograph
c) Usia 124-136 c) Age
d) Kewarganegaraan 124-136 d) Citizenship
e) Riwayat pendidikan 124-136 e) Education
f) Riwayat jabatan, meliputi informasi: 124-136 f) History position, covering
information on:
- Dasar hukum penunjukan sebagai 124-136 - Legal basis for the
anggota Dewan Komisaris yang appointment as member of
bukan merupakan Komisaris the Board of Commissioners
Independen pada Emiten who is not Independent
atau Perusahaan Publik yang Commissioner at the said
bersangkutan Issuer or Public Company
- Dasar hukum penunjukan pertama 124-136 - Legal bases for the first
kali sebagai anggota Dewan appointment as member of
Komisaris yang merupakan the Board of Commissioners
Komisaris Independen pada Emiten who also Independent
atau Perusahaan Publik yang Commissioner at the said
bersangkutan Issuer or Public Company
- Rangkap jabatan, baik sebagai 124-136 - Dual position as member of
anggota Dewan Komisaris, the Board of Commissioners,
anggota Direksi, dan/atau member of the Board of
anggota komite serta jabatan Directors, and/or member of
lainnya (jika ada) committee and other position
(if any)
- Pengalaman kerja beserta periode 124-136 - Working experience and
waktunya baik di dalam maupun di period in and outside the
luar Emiten atau Perusahaan Publik Issuer or Public Company
g) Hubungan afiliasi dengan anggota 124-136 g) Affiliation with other members
Dewan Komisaris lainnya, pemegang of the Board of Commissioners,
saham utama, dan pengendali baik major shareholders, and
langsung maupun tidak langsung controllers either directly
sampai kepada pemilik individu, or indirectly to individual
meliputi nama pihak yang terafiliasi owners, including names of
affiliated parties in the event
that a member of the Board of
Commissioners has no affiliation,
the Issuer or Public Company
shall disclose this matter
h) Pernyataan independensi Komisaris 136 h) Statement of independence of
Independen dalam hal Komisaris Independent Commissioner in
Independen telah menjabat lebih dari the event that the Independent
2 (dua) periode (jika ada) Commissioner has been
appointed more than 2 (two)
periods (if any)
i) Perubahan komposisi anggota Dewan 118-123 i) Changes in the composition of
Komisaris dan alasan perubahannya. the members of the Board of
Dalam hal tidak terdapat perubahan Commissioners and the reasons
komposisi anggota Dewan Komisaris, for the changes. In the event
maka diungkapkan mengenai hal that there is no change in the
tersebut composition of the members of
the Board of Commissioners, this
matter shall be disclosed
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11. Dalam hal terdapat perubahan susunan 123 11. In the event that there were changes
anggota Direksi dan/atau anggota in the composition of the Board of
Dewan Komisaris yang terjadi setelah Commissioners and/ or the Board
tahun buku berakhir sampai dengan of Directors occurring between the
batas waktu penyampaian Laporan period after year-end until the date
Tahunan, susunan yang dicantumkan the Annual Report submitted, then the
dalam Laporan Tahunan adalah susunan last and the previous composition of
anggota Direksi dan/atau anggota the Board of Commissioners and/or
Dewan Komisaris yang terakhir dan the Board of Directors shall be stated
sebelumnya in the Annual Report
12. Jumlah karyawan menurut jenis kelamin, 183-184 12. Number of employees by gender,
jabatan, usia, tingkat pendidikan, dan position, age, education level, and
status ketenagakerjaan (tetap/kontrak) employment status (permanent/
dalam tahun buku contracted) in the fiscal year
Disclosure of information can be
presented in tabular form
13. Nama pemegang saham dan persentase 152-158 13. Names of shareholders and
kepemilikan pada akhir tahun buku, ownership percentage at the end of
yang terdiri dari 5% (lima persen) atau the fiscal year, including:
lebih saham Emiten atau Perusahaan
Publik
a) Kelompok pemegang saham 154 a) Shareholders having 5% (five
masyarakat, yaitu kelompok percent) or more shares of Issuer
pemegang saham yang masing- or Public Company
masing memiliki 5% (lima persen)
atau lebih saham emiten atau
perusahaan publik
b) Anggota Direksi dan anggota 157-158 b) Commissioners and Directors
Dewan Komisaris yang memiliki who own shares of the Issuers or
saham Emiten atau Perusahaan Public Company
Publik
c) Kelompok pemegang saham 155 c) Groups of public shareholders,
masyarakat, yaitu kelompok or groups of shareholders, each
pemegang saham yang masing- with less than 5% (five percent)
masing memiliki kurang dari 5% ownership shares of the
(lima persen) saham emiten atau
perusahaan publik
14. Persentase kepemilikan tidak langsung 158 14 The percentage of indirect ownership
atas saham Emiten atau Perusahaan of the shares of the Issuer or Public
Publik oleh anggota Direksi dan Company by members of the Board
anggota Dewan Komisaris pada of Directors and members of the
awal dan akhir tahun buku, termasuk Board of Commissioners at the
informasi mengenai pemegang saham beginning and end of the fiscal year,
yang terdaftar dalam daftar pemegang including information on shareholders
saham untuk kepentingan kepemilikan registered in the shareholder register
tidak langsung anggota Direksi dan for the benefit of indirect ownership
anggota Dewan Komisaris of members of the Board of Directors
and members of the Board of
Commissioners
15. Jumlah pemegang saham dan 15. Number of shareholders and
persentase kepemilikan per akhir tahun ownership percentage at the end of
buku berdasarkan klasifikasi: the fiscal year, based on:
a) Kepemilikan institusi lokal 155 a) Ownership of local institutions
b) Kepemilikan institusi asing 155 b) Ownership of foreign institutions
c) Kepemilikan individu lokal 155 c) Ownership of local individual
d) Kepemilikan individu asing 155 d) Ownership of foreign individual
16. Informasi mengenai pemegang saham 153-154 16. Information on major shareholders
utama dan pengendali Emiten atau and controlling shareholders the
Perusahaan Publik, baik langsung Issuers of Public Company, directly
maupun tidak langsung, sampai kepada or indirectly, and also individual
pemilik individu, yang disajikan dalam shareholder, presented in the form of
bentuk skema atau bagan scheme or diagram
17. Nama entitas anak, perusahaan 163-169 17. Name of subsidiaries, associated
asosiasi, perusahaan ventura bersama companies, joint venture controlled
dimana Emiten atau Perusahaan Publik by Issuers or Public Company,
memiliki pengendalian bersama entitas, with entity, percentage of stock
beserta persentase kepemilikan saham, ownership, line of business, total
bidang usaha, total aset, dan status assets and operating status of the
operasi Emiten atau Perusahaan Publik Issuers of Public Company (if any) For
tersebut (jika ada) Untuk entitas anak, subsidiaries, include the addresses of
ditambahkan informasi mengenai alamat the said subsidiaries
entitas anak tersebut
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18. Kronologi pencatatan saham, jumlah 160-161 18. Chronology of share listing, number
saham, nilai nominal, dan harga of shares, par value, and bid price
penawaran dari awal pencatatan from the beginning of listing up to the
hingga akhir tahun buku serta nama end of the financial year, and name
Bursa Efek dimana saham Emiten atau of Stock Exchange where the Issuers
Perusahaan Publik dicatatkan (jika ada) of Public Company shares are listed
19. Informasi pencatatan efek lainnya selain 162 19. Other securities listing information
efek sebagaimana dimaksud pada other than the securities as referred
angka 18), yang belum jatuh tempo to in number 18), which have not yet
pada tahun buku paling sedikit memuat matured in the fiscal year, at least
nama efek, tahun penerbitan, tingkat contain the name of the securities,
suku bunga/imbal hasil, tanggal jatuh year of issue, interest rate/ yield,
tempo, nilai penawaran, dan peringkat maturity date, offering value, and
efek (jika ada) securities rating (if any)
20. Informasi penggunaan jasa akuntan 170-171 20. Information on the use of a Public
publik (AP) dan kantor akuntan publik Accountant (AP) and a Public
(KAP) beserta jaringan/ asosiasi/ Accounting firm (KAP) services
aliansinya meliputi: and their networks/ associations/
alliances include:
a) Nama dan alamat 170 a) Name and address
b) Periode penugasan 170 b) Period of assignment
c) Informasi jasa audit dan/atau non 170-171 c) Information on scope of audit
audit yang diberikan and/or nonaudit services
d) Biaya jasa (fee) audit dan/atau 170-171 d) Audit and/or non-audit fees for
non audit untuk masing-masing each assignment given during
penugasan yang diberikan selama the fiscal year
tahun buku
e) Dalam hal AP dan KAP beserta 170-171 e) In the event that AP and KAP
jaringan/ asosiasi/aliansinya, yang and their network/ association/
ditunjuk tidak memberikan jasa non alliance, which are appointed
audit, maka diungkapkan mengenai do not provide non-audit
informasi tersebut services, then the information is
disclosed
21. Nama dan alamat lembaga dan/atau 172-175 21. Name and address of capital
profesi penunjang pasar modal selain market supporting institutions and/or
AP dan KAP professionals other than AP and KAP.
f. Analisis dan Pembahasan Manajemen 206-282 f. Management Discussion and Analysis
Analisis dan pembahasan manajemen memuat Management Analysis and Discussion Annual
analisis dan pembahasan mengenai laporan should contain discussion and analysis on
keuangan dan informasi penting lainnya dengan financial statements and other material
penekanan pada perubahan material yang terjadi information emphasizing material changes that
dalam tahun buku, yaitu paling sedikit memuat: occurred during the year under review, at least
including:
1. Tinjauan operasi per segmen operasi 221-225 1. Operational review per business
sesuai dengan jenis industri Emiten segment, according to the type
atau Perusahaan Publik, paling sedikit of industry of the Issuer or Public
mengenai: Company including:
a) Produksi, yang meliputi proses, 222-223 a) Production, including process,
kapasitas, dan perkembangannya capacity, and growth
b) Pendapatan/penjualan 224 b) Income/sales
c) Profitabilitas 225 c) Profitability
2. Kinerja keuangan komprehensif yang 233-282 2. comprehensive financial performance
mencakup perbandingan kinerja analysis which includes a comparison
keuangan dalam 2 (dua) tahun buku between the financial performance
terakhir, penjelasan tentang penyebab of the last 2 (two) fiscal years, and
adanya perubahan dan dampak explanation on the causes and effects
perubahan tersebut, paling sedikit of such changes, among others
mengenai: concerning:
a) Aset lancar, aset tidak lancar, dan 234-242 a) Current assets, non-current
total aset assets, and total assets
b) Liabilitas jangka pendek, liabilitas 242-249 b) Short term liabilities, long term
jangka panjang, dan total liabilitas liabilities, total liabilities
c) Ekuitas 249-250 c) Equities
d) Pendapatan/penjualan, beban, 251-255 d) Sales/operating revenues,
laba (rugi), penghasilan expenses and profit (loss),
komprehensif lain, dan total laba other comprehensive revenues,
(rugi) komprehensif and total comprehensive profit
(loss)
e) Arus kas 255-258 e) Cash flows
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3. Kemampuan membayar utang dengan 259-260 3. The capacity to pay debts by
menyajikan perhitungan rasio yang including the computation of relevant
relevan ratios
4. Tingkat kolektibilitas piutang emiten atau 260 4. Accounts receivable collectability
perusahaan publik dengan menyajikan of the Issuer or Public Company,
perhitungan rasio yang relevan including the computation of the
relevant ratios
5. Struktur modal (capital structure) dan 261 5. Capital structure and management
kebijakan manajemen atas struktur policies concerning capital structure,
modal (capital structure) tersebut disertai including the basis for determining
dasar penentuan kebijakan dimaksud the said policy
6. Bahasan mengenai ikatan yang material 261 6. discussion on material ties for the
untuk investasi barang modal dengan investment of capital goods, including
penjelasan paling sedikit meliputi: the explanation on at least:
a) Tujuan dari ikatan tersebut 261 a) The purpose of such ties
b) Sumber dana yang diharapkan 261 b) Source of funds expected to
untuk memenuhi ikatan tersebut fulfill the said ties
c) Mata uang yang menjadi 261 c) Currency of denomination
denominasi
d) Langkah yang direncanakan 261 d) Steps taken by the Issuer of
emiten atau perusahaan publik Public Company to protect the
untuk melindungi risiko dari posisi position of a related foreign
mata uang asing yang terkait. currency against risks.
7. Bahasan mengenai investasi barang 262 7. Discussion on investment of capital
modal yang direalisasikan dalam tahun goods which was realized in the last
buku terakhir, paling sedikit meliputi: fiscal year, at least include:
a) Jenis investasi barang modal 262 a) Type of investment of capital
goods
b) Tujuan investasi barang modal 262 b) Objective of the investment of
capital goods
c) Nilai investasi barang modal yang 262 c) Value of the investment of
dikeluarkan. capital good.
8. Informasi dan fakta material yang terjadi 262 8. Material Information and facts
setelah tanggal laporan akuntan (jika that occurring after the date of the
ada) accountant’s report (if any)
9. Prospek usaha dari emiten atau 266-267 9. Information on the prospects of the
perusahaan publik dikaitkan dengan Issuer or the Company in connection
kondisi industri, ekonomi secara umum with industry, economy in general,
dan pasar internasional disertai data accompanied with supporting
pendukung kuantitatif dari sumber data quantitative data if there is a reliable
yang layak dipercaya data source
10. Perbandingan antara target/proyeksi 263-265 10. Comparison between target/
pada awal tahun buku dengan hasil projection at beginning of year and
yang dicapai (realisasi), mengenai: result (realization), concerning:
a) Pendapatan/penjualan 263-264 a) Income/sales
b) Laba (rugi) 263-264 b) Profit (loss)
c) Struktur modal (capital structure) 261 c) Capital structure or
d) Kebijakan dividen atau 276-278 d) Dividend policy or
e) Hal lainnya yang dianggap 263-265 e) Others that deemed necessary
penting bagi Emiten atau for the Issuer or Public
Perusahaan Publik. Company.
11. Target/proyeksi yang ingin dicapai 268-271 11. Target/projection at most for the
Emiten atau Perusahaan Publik untuk 1 next one year of the Issuer or Public
(satu) tahun mendatang, mengenai: Company, concerning:
a) Pendapatan/penjualan 271 a) Income/sales
b) Laba (rugi) 271 b) Profit (loss)
c) Struktur modal (capital structure) 271 c) Capital structure or
d) Kebijakan dividen atau 276-278 d) Dividend policy
e) Hal lainnya yang dianggap 268-271 e) Or others that deemed
penting bagi Emiten atau necessary for the Issuer or
Perusahaan Publik. Public Company.
12. Aspek pemasaran atas barang dan/ 272-274 12. Marketing aspects of the company’s
atau jasa Emiten atau Perusahaan products and/or services the Issuer
Publik, paling sedikit mengenai strategi or Public Company, among others
pemasaran dan pangsa pasar marketing strategy and market share
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13. Uraian mengenai dividen selama 2 276-278 13. Description regarding the dividend
(dua) tahun buku terakhir (jika ada), policy during the last 2 (two) fiscal
paling sedikit: years, at least:
a) Kebijakan dividen 276 a) Dividend policy
b) Tanggal pembayaran dividen 277 b) The date of the payment of
kas dan/ atau tanggal distribusi cash dividend and/or date
dividen non kas of distribution of non-cash
dividend
c) Jumlah dividen per saham (kas 277 c) Amount of cash per share (cash
dan/atau non kas) and/or non cash)
d) Jumlah dividen per tahun yang 277 d) Amount of dividend per year
dibayar paid
Dalam hal Emiten atau Perusahaan 276-278 Disclosure of information can be
Publik tidak membagikan dividen presented in tabular form. In the event
dalam 2 (dua) tahun terakhir, maka that the Issuer or Public Company
diungkapkan mengenai hal tersebut does not distribute dividends in the
last 2 (two) years, this matter shall be
disclosed
14. Realisasi penggunaan dana hasil 275 14. Use of proceeds from Public
Penawaran Umum, dengan ketentuan: Offerings, under the condition of:
a) Dalam hal selama tahun buku, 275 a) during the year under
Emiten memiliki kewajiban review, on which the Issuer
menyampaikan laporan realisasi has the obligation to report
penggunaan dana, maka the realization of the use of
diungkapkan realisasi penggunaan proceeds, then the realization
dana hasil Penawaran Umum of the cumulative use of
secara kumulatif sampai dengan proceeds until the year end
akhir tahun buku should be disclosed
b) Dalam hal terdapat perubahan 275 b) In the event that there were
penggunaan dana sebagaimana changes in the use of proceeds
diatur dalam Peraturan Otoritas as stipulated in the Regulation
Jasa Keuangan tentang Laporan of the Financial Services
Realisasi Penggunaan Dana Hasil Authority on the Report of the
Penawaran Umum, maka Emiten Utilization of Proceeds from
menjelaskan perubahan tersebut Public Offering, then Issuer
should explain the said changes
15. Informasi material (jika ada), antara lain 278-281 15. Material information (if any), among
mengenai investasi, ekspansi, divestasi, others concerning investment,
penggabungan/ peleburan usaha, expansion, divestment, acquisition,
akuisisi, restrukturisasi utang/ modal, debt/capital restructuring,
transaksi Afiliasi, dan transaksi yang transactions with related parties and
mengandung benturan kepentingan, transactions with conflict of interest
yang terjadi pada tahun buku, antara that occurred during the year under
lain memuat: review, among others include:
a) Tanggal, nilai, dan objek transaksi 278-281 a) Transaction date, value, and
object
b) Nama pihak yang melakukan 278-281 b) Name of transacting parties
transaksi
c) Sifat hubungan Afiliasi (jika ada) 278-281 c) Nature of related parties (if
any)
d) Penjelasan mengenai kewajaran 278-281 d) Description of the fairness of
transaksi the transaction
e) Pemenuhan ketentuan terkait 278-281 e) Compliance with related rules
and regulations
f) Dalam hal terdapat hubungan 278-281 f) In the event that there is an
afiliasi, selain mengungkapkan affiliation relationship, apart
informasi sebagaimana dimaksud from disclosing the information
dalam huruf a) sampai dengan as referred to in letter a) to
huruf e), Emiten atau Perusahaan letter e), the Issuer or Public
Publik juga mengungkapkan Company also discloses
informasi: information:
- Pernyataan Direksi bahwa 281 - A statement from the
transaksi afiliasi telah melalui Board of Directors that the
prosedur yang memadai untuk affiliate transaction has
memastikan bahwa transaksi gone through adequate
afiliasi dilaksanakan sesuai procedures to ensure that
dengan praktik bisnis yang the affiliate transaction is
berlaku umum antara lain carried out in accordance
dilakukan dengan memenuhi with generally accepted
prinsip transaksi yang wajar business practices, by
(arms- length principle) complying with the arms-
length principle
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- Peran Dewan Komisaris dan 281 - The role of the Board
komite audit dalam melakukan of Commissioners and
prosedur yang memadai untuk the audit committee in
memastikan bahwa transaksi carrying out adequate
afiliasi dilaksanakan sesuai procedures to ensure that
dengan praktik bisnis yang affiliated transactions are
berlaku umum antara lain carried out in accordance
dilakukan dengan memenuhi with generally accepted
prinsip transaksi yang wajar business practices, by
(arms- ength principle) complying with the arms-
length principle
g) Dalam hal transaksi afiliasi atau Laporan g) For affiliated transactions or
transaksi material dimaksud telah Keuangan material transactions which
diungkapkan dalam laporan PGE 2024 are business activities carried
keuangan tahunan, ditambahkan tersedia pada out to generate business
informasi mengenai rujukan halaman 608 income and are carried
pengungkapan dalam laporan out regularly, repeatedly,
keuangan tahunan tersebut The PGE 2024 and/or continuously, an
Financial explanation is added that
Report is the affiliated transactions
available on or material transactions are
page 608 business activities carried out
to generate operating income.
and run regularly, repeatedly,
and/or continuously
h) Untuk pengungkapan transaksi 278-281 h) For disclosure of affiliated
afiliasi dan/ atau transaksi benturan transactions and/or conflict of
kepentingan yang merupakan hasil interest transactions resulting
pelaksanaan transaksi afiliasi dan/ from the implementation of
atau transaksi benturan kepentingan affiliated transactions and/or
yang telah disetujui pemegang conflict of interest transactions
saham independen, ditambahkan that have been approved by
informasi mengenai tanggal independent shareholders,
pelaksanaan RUPS yang menyetujui additional information
transaksi afiliasi dan/atau transaksi regarding the date of the GMS
benturan kepentingan tersebut which approved the affiliated
transactions and/or conflict of
interest transactions is added
i) Dalam hal tidak terdapat transaksi 278-281 i) In the event that there is no
afiliasi dan/atau transaksi benturan affiliated transaction and/or
kepentingan, maka diungkapkan conflict of interest transaction,
mengenai hal tersebut then this shall be disclosed
16. Perubahan ketentuan peraturan 281 16. Changes in regulation which have
perundang-undangan yang a significant effect on the Issuer or
berpengaruh signifikan terhadap Emiten Public Company and impacts on the
atau Perusahaan Publik dan dampaknya company (if any)
terhadap laporan keuangan (jika ada)
17. Perubahan kebijakan akuntansi, alasan 281 17. Changes in the accounting policy,
dan dampaknya terhadap laporan rationale and impact on the financial
keuangan (jika ada) statement (if any)
g. Tata Kelola Emiten atau Perusahaan Publik 288-599 g. Corporate Governance of the Issuer or Public
Company
Tata kelola Emiten atau Perusahaan Publik paling Corporate Governance of the Issuer or Public
sedikit memuat uraian singkat mengenai: Company contains at least:
1. RUPS, paling sedikit memuat: 298-317 1. GMS, at least contains:
a) Informasi mengenai keputusan 304-310, a) Information regarding the
RUPS pada tahun buku dan 1 132-313, resolutions of the GMS in the
(satu) tahun sebelum tahun buku 315-316 fiscal year and 1 (one) year
meliputi: prior to the fiscal year include:
- Keputusan RUPS pada tahun 304-310, - Resolutions of the GMS in
buku dan 1 (satu) tahun 132-313, the fiscal year and 1 (one)
sebelum tahun buku yang 315-316 year before the fiscal year
direalisasikan pada tahun buku realized in the fiscal year
- Keputusan RUPS pada tahun 304-310, 132- - Resolutions of the GMS in
buku dan 1 (satu) tahun 313, 315-316 the fiscal year and 1 (one)
sebelum tahun buku yang year before the fiscal year
belum direalisasikan beserta that have not been realized
alasan belum direalisasikan and the reasons for not
realizing them
b) Dalam hal Emiten atau Perusahaan 302 b) In the event that the Issuer
Publik menggunakan pihak or Public Company uses
independen dalam pelaksanaan an independent party in
RUPS untuk melakukan perhitungan the conduct of the GMS to
suara, maka diungkapkan calculate the votes, then this
mengenai hal tersebut matter shall be disclosed
2. Direksi, mencakup antara lain: 344-370 2. The Board of Directors, covering:
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a) Tugas dan tanggung jawab 348-351 a) The tasks and responsibilities of
masing-masing anggota Direksi each member of the Board of
Directors
b) Pernyataan bahwa Direksi memiliki 345 b) Statement that the Board of
pedoman atau piagam (charter) Directors has already have
Direksi board manual or charter
c) Kebijakan dan pelaksanaan 356-361 c) Policies and implementation of
tentang frekuensi rapat Direksi, the frequency of meetings of the
termasuk rapat bersama Dewan Board of Directors, meetings
Komisaris, dan tingkat kehadiran of the Board of Directors with
anggota Direksi dalam rapat the Board of Commissioners,
tersebut termasuk tingkat and the level of attendance
kehadiran dalam RUPS of members of the Board
of Directors in the meeting
including attendance at the
GMS
d) Pelatihan dan/atau peningkatan 149-151, d) Training and/or competency
kompetensi anggota Direksi: 368, 375 development of members of the
Board of Directors:
- Kebijakan pelatihan dan/ 368, 375 1) Policies for training
atau peningkatan kompetensi and/or improving the
anggota Direksi, termasuk competence of members
program orientasi bagi of the Board of Directors,
anggota Direksi yang baru including an orientation
diangkat (jika ada) program for newly
appointed members of
the Board of Directors
(if any)
- Pelatihan dan/atau 149-151 2) Training and/
peningkatan kompetensi yang or competency
diikuti anggota Direksi dalam improvement attended
tahun buku (jika ada). by members of the Board
of Directors in the fiscal
year (if any).
e) Penilaian Direksi terhadap 370, 444-450 e) The Board of Directors’
kinerja komite yang mendukung assessment of the performance
pelaksanaan tugas Direksi pada of the committees that support
tahun buku paling sedikit memuat: the implementation of the
Board of Directors’ duties for
the fiscal year shall at least
contain:
- Prosedur penilaian kinerja 370 - Performance appraisal
procedures
- Kriteria yang digunakan 370 - The criteria used are
seperti capaian kinerja selama performance achievements
tahun buku, kompetensi dan during the fiscal year,
kehadiran dalam rapat are competence and
attendance at meetings
f) Dalam hal Emiten atau Perusahaan 370, 444-450 f) In the event that the Issuer or
Publik tidak memiliki komite Public Company does not have
yang mendukung pelaksanaan a committee that supports the
tugas Direksi, maka diungkapkan implementation of the duties
mengenai hal tersebut. of the Board of Directors, this
matter shall be disclosed.
3. Dewan Komisaris, mencakup antara lain: 318-343 3. The Board of Commissioners, among
others include:
a) Tugas dan tanggung jawab Dewan 321-323 a) Duties and responsibilities of
Komisaris the Board of Commissioners
b) Pernyataan bahwa Dewan 321 b) Statement that the Board of
Komisaris memiliki pedoman atau Commissioner has already have
piagam (charter) Dewan Komisaris the board manual or charter
c) Kebijakan dan pelaksanaan 328-336 c) Policies and implementation of
tentang frekuensi rapat Dewan the frequency of meetings of
Komisaris, termasuk rapat bersama the Board of Commissioners,
Direksi, dan tingkat kehadiran meetings of the Board of
anggota Dewan Komisaris dalam Commissioners with the Board
rapat tersebut termasuk tingkat of Directors and the level of
kehadiran dalam RUPS attendance of members of
the Board of Commissioners
in these meetings including
attendance at the GMS
d) Pelatihan dan/atau peningkatan 146-148, d) Training and/or competency
kompetensi anggota Dewan 337, 375 improvement of members of the
Komisaris: Board of Commissioners:
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- Kebijakan pelatihan dan/ 337, 375 - Policy on competency
atau peningkatan kompetensi training and/or
anggota Dewan Komisaris, development of members of
termasuk program orientasi the Board of Commissioners,
bagi anggota Dewan Komisaris including orientation
yang baru diangkat (jika ada) programs for newly
appointed members of the
Board of Commissioners (if
any)
- Pelatihan dan/atau 146-148 - Competency training and/
peningkatan kompetensi or development attended
yang diikuti anggota Dewan by members of the Board of
Komisaris dalam tahun buku Commissioners in the fiscal
(jika ada) year (if any)
e) Penilaian terhadap kinerja anggota 369-370, e) The assessment on the
Direksi dan anggota Dewan 337-339 performance of the Board
Komisaris dan pelaksanaannya, of Directors and Board of
paling sedikit memuat: Commissioners and the
implementation, at least
covering:
- Prosedur pelaksanaan 369-370, - Procedure for the
penilaian kinerja 337-339 implementation of
performance assessment
- Kriteria yang digunakan 369-370, - Criteria used are
seperti capaian kinerja selama 337-339 performance achievements
tahun buku, kompetensi dan during the fiscal year,
kehadiran dalam rapat competency and
attendance at meetings
- Pihak yang melakukan 369-370, - Assessor.
penilaian. 337-339
f) Penilaian Dewan Komisaris 339-343 f) Board of Commissioners’
terhadap kinerja Komite yang assessment of the performance
mendukung pelaksanaan tugas of the Committees that support
Dewan Komisaris pada tahun buku the implementation of the duties
meliputi: of the Board of Commissioners
in the fiscal year includes:
1) Prosedur penilaian kinerja 339-343 1) Performance appraisal
procedures
2) Kriteria yang digunakan 339-343 2) The criteria used
seperti capaian kinerja are performance
selama tahun buku, achievements during the
kompetensi dan kehadiran fiscal year, competency
dalam rapat and attendance at
meetings
4. Nominasi dan remunerasi Direksi dan 371-383 4. The nomination and remuneration
Dewan Komisaris, paling sedikit memuat: of the Board of Directors and the
Board of Commissioners shall at least
contain:
a) Prosedur nominasi, meliputi uraian 371-377 a) Nomination procedure,
singkat mengenai kebijakan including a brief description
dan proses nominasi anggota of the policies and process
Direksi dan/atau anggota Dewan for nomination of members of
Komisaris the Board of Directors and/
or members of the Board of
Commissioners
b) Prosedur dan pelaksanaan 378-383 b) Procedures and implementation
remunerasi Direksi dan Dewan of remuneration for the Board
Komisaris, antara lain: of Directors and the Board of
Commissioners, among others:
- Prosedur penetapan 378-383 - Procedures for determining
remunerasi Direksi dan remuneration for the Board
Dewan Komisaris of Directors and the Board
of Commissioners
- Struktur remunerasi Direksi 381 - The remuneration structure
dan Dewan Komisaris of the Board of Directors and
seperti, gaji, tunjangan, the Board of Commissioners
tantiem/bonus dan lainnya such as salary, allowances,
tantiem/bonus and others
- Besarnya remunerasi masing- 382-383 - The amount of remuneration
masing anggota Direksi dan for each member of the
anggota Dewan Komisaris Board of Directors and
member of the Board of
Commissioners
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5. Dewan Pengawas Syariah, bagi Perseroan 5. Sharia Supervisory Board, for
Emiten atau Perusahaan Publik tidak Issuer or Public Company that
yang menjalankan kegiatan menjalankan conduct business based on sharia
usaha berdasarkan prinsip syariah kegiatan law, as stipulated in the articles of
sebagaimana tertuang dalam anggaran usaha association, at least containing:
dasar, paling sedikit memuat: berdasarkan
prinsip syariah
sebagaimana
tertuang
dalam
Anggaran
Dasar
Perseroan.
The Company
does not carry
out business
activities
based
on sharia
principles as
envisaged
in the
Company’s
Articles of
Associaton.
a) Nama - a) name
b) Dasar hukum pengangkatan - b) Legal basis for the appointment
dewan pengawas syariah of the sharia supervisory board
c) Periode penugasan dewan - c) Period of assignment of the
pengawas syariah sharia supervisory board
d) Tugas dan tanggung jawab Dewan - d) duty and responsibility of
Pengawas Syariah Sharia Supervisory Board
e) Frekuensi dan cara pemberian - e) frequency and procedure
nasihat dan saran serta in providing advice and
pengawasan pemenuhan Prinsip suggestion, as well as the
Syariah di Pasar Modal terhadap compliance of Sharia Principles
Emiten atau Perusahaan Publik by the Issuer or Public Company
in the Capital Market
6. Komite Audit, mencakup antara lain: 391-411 6. Audit Committee, among others
covering:
a) Nama dan jabatannya dalam 393-396 a) Name and position in the
keanggotaan komite committee
b) Usia 393-396 b) Age
c) Kewarganegaraan 393-396 c) Citizenship
d) Riwayat pendidikan 393-396 d) Education background
e) Riwayat jabatan, meliputi e) History of position including:
informasi:
- Dasar hukum untuk 393-396 - Legal basis for appointment
pengangkatan sebagai as committee member
anggota komite
- Rangkap jabatan, baik sebagai 393-396 - Dual position, as member
anggota Dewan Komisaris, of Board of Commissioners,
anggota Direksi, dan/atau member of Board of
anggota komite serta jabatan Directors, and/or member
lainnya (jika ada) of committee, and other
position (if any)
- Pengalaman kerja beserta 393-396 - working experience and
periode waktunya baik di period in and outside the
dalam maupun di luar Emiten Issuer or Public Company
atau Perusahaan Publik
f) Periode dan masa jabatan 392-396 f) Period and terms of office of the
anggota Komite Audit member of Audit Committee
g) Pernyataan independensi Komite 397 g) statement of independence of
Audit the Audit Committee
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h) Pendidikan dan/atau pelatihan 146-151, h) Training and/or competency
yang telah diikuti dalam tahun 393-396, improvement that have been
buku (jika ada) 408-409 followed in the fiscal year (if
any)
i) Kebijakan dan pelaksanaan 400-408 i) Policies and implementation
tentang frekuensi rapat Komite of the frequency of audit
Audit dan tingkat kehadiran committee meetings and the
anggota Komite Audit dalam rapat level of attendance of audit
tersebut committee members in those
meetings
j) Pelaksanaan kegiatan Komite 410-411 j) the activities of the Audit
Audit pada tahun buku sesuai Committee in the year under
dengan yang dicantumkan dalam review, in accordance with the
pedoman atau piagam (charter) Audit Committee Charter
Komite Audit
7. Komite atau fungsi nominasi dan 411-427 7. The nomination and remuneration
remunerasi Emiten atau Perusahaan committee or function of the Issuer or
Publik, paling sedikit memuat: Public Company, at least containing:
a) Nama dan jabatannya dalam 413-416 a) Name and position in
keanggotaan komite committee membership
b) Usia 413-416 b) Age
c) Kewarganegaraan 413-416 c) Nationality
d) Riwayat pendidikan 413-416 d) Educational history
e) Riwayat jabatan, meliputi 413-416 e) Position history, including
informasi: information on:
- Dasar hukum penunjukan 413-416 - Legal basis for
sebagai anggota komite appointment as
committee member
- Rangkap jabatan, baik 413-416 - Concurrent positions,
sebagai anggota Dewan either as a member of the
Komisaris, anggota Direksi, Board of Commissioners,
dan/atau anggota komite member of the Board
serta jabatan lainnya (jika of Directors, and/or
ada) committee member and
other positions (if any)
- Pengalaman kerja beserta 413-416 - Work experience and
periode waktunya baik di period of time both inside
dalam maupun di luar Emiten and outside the Issuer or
atau Perusahaan Publik Public Company
f) Periode dan masa jabatan 412-416 f) Period and term of office of the
anggota komite committee members
g) Pernyataan independensi komite 417 g) Statement of committee
independence
h) Pendidikan dan/atau pelatihan 146-151, h) Training and/or competency
yang telah diikuti dalam tahun 413-416, improvement that have been
buku (jika ada) 426-427 followed in the fiscal year
(if any)
i) Uraian tugas dan tanggung jawab 419-420 i) Description of duties and
responsibilities
j) Pernyataan bahwa telah memiliki 418 j) A statement that it has a
pedoman atau piagam (charter) guideline or charter
komite
k) Kebijakan dan pelaksanaan 420-426 k) Policies and implementation
tentang frekuensi rapat komite dan of the frequency of meetings
tingkat kehadiran anggota komite and the level of attendance of
dalam rapat tersebut members at the meeting
l) Uraian singkat pelaksanaan 427 l) Brief description of the
kegiatan pada tahun buku implementation of activities in
the fiscal year
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m) Dalam hal tidak dibentuk komite 411-427 m) In the event that no nomination
nominasi dan remunerasi, Emiten and remuneration committee
atau Perusahaan Publik cukup is formed, the Issuer or Public
mengungkapkan informasi Company is sufficient to
sebagaimana dimaksud dalam disclose the information as
huruf i) sampai dengan huruf l) dan referred to in letter i) to letter I)
mengungkapkan: and disclose:
- Alasan tidak dibentuknya 411-427 - Reasons for not forming
komite the committee
- Pihak yang melaksanakan 411-427 - The party carrying out
fungsi nominasi dan the nomination and
remunerasi remuneration function
8. Komite lain yang dimiliki Emiten atau 427-443 8. Other committees owned by Issuers
Perusahaan Publik dalam rangka or Public Companies in order to
mendukung fungsi dan tugas Direksi (jika support the functions and tasks of
ada) dan/atau komite yang mendukung the Board of Directors (if any) and
fungsi dan tugas Dewan Komisaris, / or committees that support the
paling functions and duties of the Board of
sedikit memuat: Commissioners, the least contains:
a) Nama dan jabatannya dalam 429-430 a) Name and position in the
keanggotaan komite Committee
b) Usia 429-430 b) Age
c) Kewarganegaraan 429-430 c) Citizenship
d) Riwayat pendidikan 429-430 d) Education background
e) Riwayat jabatan, meliputi e) History of position, including:
informasi:
- Dasar hukum penunjukan 429-430 - Legal basis for the
sebagai anggota komite appointment as member
of the committee
- Rangkap jabatan, baik 429-430 - Dual position, as
sebagai anggota Dewan member of Board of
Komisaris, anggota Direksi, Commissioners, member
dan/atau anggota komite of Board of Directors,
serta jabatan lainnya (jika and/or member of
ada) committee, and other
position (if any)
- Pengalaman kerja beserta 429-430 - Working experience and
periode waktunya baik di period in and outside the
dalam maupun di luar Emiten Issuer or Public Company
atau Perusahaan Publik
f) Periode dan masa jabatan 428-430 f) Period and terms of office of the
anggota komite member of Audit Committee
g) Pernyataan independensi komite 431 g) Statement of committee
independence
h) Pendidikan dan/atau pelatihan 146-151, h) Training and/or competency
yang telah diikuti dalam tahun 429-430, improvement that have been
buku (jika ada) 441-442 followed in the fiscal year (if
any)
i) Uraian tugas dan tanggung jawab 432-433 i) Description of duties and
responsibilities
j) Pernyataan bahwa telah memiliki 432 j) A statement that the committee
pedoman atau piagam (charter) has had guidelines or charters
komite
k) Kebijakan dan pelaksanaan 433-441 k) Policies and implementation
tentang frekuensi rapat komite dan of the frequency of committee
tingkat kehadiran anggota komite meetings and the level of
dalam rapat tersebut attendance of committee
members at the meeting
l) Uraian singkat pelaksanaan 443 l) A brief description of the
kegiatan pada tahun buku committee’s activities for the
fiscal year
9. Sekretaris Perusahaan, mencakup antara 456-461 9. Corporate Secretary, including:
lain:
a) Nama 456-457 a) name
b) Domisili 456-457 b) domicile
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c) Riwayat jabatan, meliputi c) history of position, including:
informasi:
- Dasar hukum penunjukan 456-457 - legal basis for the
sebagai Sekretaris appointment as
Perusahaan Corporate Secretary
- Pengalaman kerja beserta 456-457 - working experience and
periode waktunya baik di period in and outside the
dalam maupun di luar Emiten Issuer or Public Company
atau Perusahaan Publik
d) Riwayat pendidikan 456-457 d) education background
e) Pendidikan dan/atau pelatihan 460 e) education and/or training
yang diikuti dalam tahun buku during the year under review
f) Uraian singkat pelaksanaan tugas 460-461 f) brief description on the
Sekretaris Perusahaan pada tahun implementation of duties of the
buku Corporate Secretary in the year
under review
10. Unit Audit Internal, mencakup antara 466-484 10. Internal Audit Unit, among others
lain: including:
a) Nama kepala Unit Audit Internal 466-467 a) Name of Head of Internal Audit
Unit
b) Riwayat jabatan, meliputi b) History of position, including:
informasi:
- Dasar hukum penunjukan 466-467 - Legal basis for the
sebagai Kepala Audit appointment as Head of
Internal Internal Audit Unit
- Pengalaman kerja beserta 466-467 - Working experience and
periode waktunya baik di period in and outside the
dalam maupun di luar Emiten Issuer or Public Company
atau Perusahaan Publik
c) Kualifikasi atau sertifikasi sebagai 466-468 c) Qualification or certification as
profesi audit internal (jika ada) internal auditor (if any)
d) Pendidikan dan/atau pelatihan 481-482 d) Education and/or training
yang diikuti dalam tahun buku during the year under review
e) Struktur dan kedudukan Unit Audit 469 e) Structure and position of
Internal Internal Audit Unit
f) Uraian tugas dan tanggung jawab 472-473 f) Description of duties and
responsibilities
g) Pernyataan bahwa telah memiliki 470 g) Statement that the Internal
pedoman atau piagam (charter) Audit Unit has already have
Unit Audit Internal Internal Audit Unit charter
h) Uraian singkat pelaksanaan 474-481 h) Brief description of the duties
tugas unit audit internal pada implementation of the internal
tahun buku termasuk kebijakan audit unit in the financial
dan pelaksanaan frekuensi rapat year, including the policy and
dengan Direksi, Dewan Komisaris, implementation of the meeting
dan/atau komite audit frequency with the Board
of Directors, the Board of
Commissioners, and/or audit
committee
11. Uraian mengenai sistem pengendalian 486-495 11. Description on internal control system
internal (internal control) yang adopted by the Issuer or Public
diterapkan oleh Emiten atau Perusahaan Company, at least covering:
Publik, paling sedikit mengenai:
a) Pengendalian keuangan dan 489-492 a) Financial and operational
operasional, serta kepatuhan control, and compliance to the
terhadap peraturan perundang- other prevailing rules
undangan lainnya
b) Tinjauan atas efektivitas sistem 492-494 b) Review on the effectiveness of
pengendalian internal internal control systems
c) Pernyataan Direksi dan/atau 495 c) Statement of the Board of
Dewan Komisaris atas kecukupan Directors and/or Board
sistem pengendalian internal of Commissioners on the
adequacy of the internal
control system
12. Sistem manajemen risiko yang 496-527 12. Risk management system
diterapkan oleh Emiten atau Perusahaan implemented by the company, at
Publik, paling sedikit mengenai: least includes:
2024 Annual Report PT Pertamina Geothermal Energy Tbk 769
Page 770
DAFTAR PENGUNGKAPAN SESUAI SEOJK
LIST OF DISCLOSURE BASED ON CIRCULAR OF THE FINANCIAL SERVICES AUTHORITY
Halaman
No. Keterangan Description
Page
a) Gambaran umum mengenai sistem 496-501, 508 a) General description about the
manajemen risiko Emiten atau company’s risk management
Perusahaan Publik system the Issuer or Public
Company
b) Jenis risiko dan cara 502-506 b) Types of risk and the
pengelolaannya management
c) Tinjauan atas efektivitas sistem 509 c) Review the effectiveness of
manajemen risiko Emiten atau the risk management system
Perusahaan Publik applied by the Issuer or Public
Company
d) Pernyataan Direksi dan/atau 509 d) Statement of the Board of
Dewan Komisaris atau komite audit Directors and/or the Board
atas kecukupan sistem manajemen of Commissioners or the audit
risiko committee on the adequacy of
the risk management system
13. Perkara hukum yang berdampak 528 13. Legal cases that have a material
material yang dihadapi oleh Emiten impact faced by Issuers or Public
atau Perusahaan Publik, entitas anak, Companies, subsidiaries, members of
anggota Direksi dan anggota Dewan the Board of Directors and members
Komisaris (jika ada), antara lain meliputi: of the Board of Commissioners (if
any), at least contain:
a) Pokok perkara/gugatan 528 a) Substance of the case/claim
b) Status penyelesaian perkara/ 528 b) Status of settlement of case/
gugatan claim
c) Pengaruhnya terhadap kondisi 528 c) Potential impacts on the
Emiten atau Perusahaan Publik condition of the Issuer or Public
Company
14. Informasi tentang sanksi administratif 528 14. information about administrative
yang dikenakan kepada Emiten atau sanctions imposed to Issuer or Public
Perusahaan Publik, anggota Dewan Company, members of the Board
Komisaris dan Direksi, oleh otoritas of Commissioners and the Board of
Pasar Modal dan otoritas lainnya pada Directors, by the Capital Market
tahun buku (jika ada) Authority and other authorities during
the last fiscal year (if any)
15. Informasi mengenai kode etik Emiten 528-530 15 information about codes of conduct
atau Perusahaan Publik meliputi: of the Issuer or Public Company,
includes:
a) Pokok-pokok kode etik 528-529 a) Key points of the code of
conduct
b) Bentuk sosialisasi kode etik dan 529-530 b) Socialization of the code of
upaya penegakannya conduct and enforcement
c) Pernyataan bahwa kode etik 529 c) Statement that the code of
berlaku bagi anggota Direksi, conduct is applicable for
anggota Dewan Komisaris, dan the Board of Commissioners,
karyawan Emiten atau Perusahaan the Board of Directors, and
Publik employees of the Issuer of
Public Company
16. Uraian singkat mengenai kebijakan 543-545 16. A brief description of the policy of
pemberian kompensasi jangka panjang providing long-term performance-
berbasis kinerja kepada manajemen based compensation to management
dan/ atau karyawan yang dimiliki oleh and/or employees owned by the
Emiten atau Perusahaan Publik (jika ada), Issuer or Public Company (if any),
antara lain berupa program kepemilikan including the management stock
saham oleh manajemen (Management ownership program (MSOP) and/or
Stock Ownership Program/MSOP) dan/ program employee stock ownership
atau program kepemilikan saham oleh (ESOP)
karyawan (Employee Stock Ownership
Program/ESOP) Dalam hal pemberian
kompensasi berupa program kepemilikan
saham oleh manajemen (Management
Stock Ownership Program/MSOP) dan/
atau program kepemilikan saham oleh
karyawan (Employee Stock Ownership
Program/ ESOP), informasi yang
diungkapkan paling sedikit memuat:
a) Jumlah saham dan/atau opsi 543 a) Number of shares and/or
options
b) Jangka waktu pelaksanaan 543-544 b) Implementation period
c) Persyaratan karyawan dan/atau 544 c) Requirements for eligible
manajemen yang berhak employees and/or
management
770 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
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Halaman
No. Keterangan Description
Page
d) Harga pelaksanaan atau 545 d) Exercise price or determination
penentuan harga pelaksanaan of exercise price
17. Uraian singkat mengenai kebijakan 17. A brief description of the information
pengungkapan informasi mengenai: disclosure policy regarding:
a) Kepemilikan saham anggota 387 a) Share ownership of
Direksi dan anggota Dewan members of the Board
Komisaris paling lambat 3 (tiga) of Directors and
hari kerja setelah terjadinya members of the Board of
kepemilikan atau setiap Commissioners no later
perubahan kepemilikan atas than 3 (three) working
saham Perusahaan Terbuka days after the occurrence
of ownership or any
change in ownership
of shares of a Public
Company
b) Pelaksanaan atas kebijakan 387 b) Implementation of the
dimaksud policy
18. Uraian mengenai sistem pelaporan 531-535 18. Description of whistleblowing system
pelanggaran (whistleblowing system) at the Issuer or Public Company (if
di Emiten atau Perusahaan Publik (jika any), among others include:
ada), antara lain meliputi:
a) Cara penyampaian laporan 531 a) Mechanism for violation
pelanggaran reporting
b) Perlindungan bagi pelapor 532 b) Protection for the whistleblower
c) Penanganan pengaduan 533, 535 c) Handling of violation reports
d) Pihak yang mengelola pengaduan 533 d) Unit responsible for handling of
violation report
e) Hasil dari penanganan e) Results from violation report
pengaduan, paling sedikit handling, at least includes:
meliputi:
- Jumlah pengaduan yang 535 - Number of complaints
masuk dan diproses dalam received and processed
tahun buku during the fiscal year
- Tindak lanjut pengaduan 535 - Follow up of complaints
19. Uraian mengenai kebijakan anti korupsi 536-539 19. A description of the anti-corruption
Emiten atau Perusahaan Publik, paling policy of the Issuer or Public
sedikit memuat: Company, at least containing:
a) Program dan prosedur yang 536-537 a) Programs and procedures
dilakukan dalam mengatasi praktik implemented in overcoming
korupsi, balas jasa (kickbacks), corrupt practices, kickbacks,
fraud, suap dan/atau gratifikasi fraud, bribery and/or
dalam emiten atau perusahaan gratification in Issuers or Public
publik Companies
b) Pelatihan/sosialisasi anti korupsi 533-534 b) Anti-corruption training /
kepada karyawan emiten atau socialization to employees of
perusahaan publik Issuers or Public Companies
20. Penerapan atas Pedoman Tata Kelola 551-595 20. Implementation of the Guidelines of
Perusahaan Terbuka bagi Emiten yang Corporate Governance for Public
menerbitkan Efek Bersifat Ekuitas atau Companies for Issuer issuing Equity-
Perusahaan Publik, meliputi: based Securities or Public Company,
including:
a) Pernyataan mengenai rekomendasi 551-595 a) statement regarding
yang telah dilaksanakan /atau recommendation that have
been implemented /or
b) Penjelasan atas rekomendasi 551-595 b) description of recommendation
yang belum dilaksanakan, that have not been
disertai alasan dan alternatif implemented, along with the
pelaksanaannya (jika ada) reason and alternatives of
implementation (if any)
h. Tanggung Jawab Sosial dan Lingkungan Emiten 560-605, h. Social and Environmental Responsibility of the
atau Perusahaan Publik Laporan Issuer or Public Company
Keberlanjutan
PGE 2024
PGE 2024
Sustainability
Report
2024 Annual Report PT Pertamina Geothermal Energy Tbk 771
Page 772
DAFTAR PENGUNGKAPAN SESUAI SEOJK
LIST OF DISCLOSURE BASED ON CIRCULAR OF THE FINANCIAL SERVICES AUTHORITY
Halaman
No. Keterangan Description
Page
1. Informasi yang diungkapkan dalam Informasi 1. The information disclosed in the social
bagian tanggung jawab sosial dan tersedia and environmental responsibility
lingkungan merupakan Laporan dalam section is a Sustainability Report as
Keberlanjutan (Sustainability Report) Laporan referred to in the Financial Services
sebagaimana dimaksud dalam Peraturan Keberlanjutan Authority Regulation Number 51/
Otoritas Jasa Keuangan Nomor 51/ PGE 2024 POJK.03/2017 concerning the
POJK.03/2017 tentang Penerapan Implementation of Sustainable
Keuangan Berkelanjutan bagi Lembaga Information is Finance for Financial Services
Jasa Keuangan, Emiten, dan Perusahaan available in Institutions, Issuers, and Public
Publik, paling sedikit memuat: the PGE 2024 Companies, at at least includes:
Sustainability
Report
a) Penjelasan strategi keberlanjutan a) Explanation of the sustainability
strategy
b) Ikhtisar aspek keberlanjutan b) Overview of sustainability
(ekonomi, sosial, dan lingkungan aspects (economic, social, and
hidup) environmental)
c) Profil singkat Emiten atau c) Brief profile of the Issuer or
Perusahaan Publik Public Company
d) Penjelasan Direksi d) Explanation of the Board of
Directors
e) Tata kelola keberlanjutan e) Sustainability governance
f) Kinerja keberlanjutan f) Sustainability performance
g) Verifikasi tertulis dari pihak g) Written verification from an
independen, jika ada independent party, if any
h) Lembar umpan balik (feedback) h) Feedback sheet for readers, if
untuk pembaca, jika ada any
i) Tanggapan Emiten atau i) The response of the Issuer or
Perusahaan Publik terhadap Public Company to the previous
umpan balik laporan tahun year’s report feedback
sebelumnya
2. Laporan Keberlanjutan sebagaimana 2. The Sustainability Report as referred
dimaksud pada angka 1), harus disusun to in number 1) must be prepared
sesuai Pedoman Teknis Penyusunan in accordance with the Technical
Laporan Keberlanjutan (Sustainability Guidelines for the Preparation of a
Report) Bagi Emiten dan Perusahaan Sustainability Report for Issuers and
Publik sebagaimana tercantum dalam Public Companies as contained in
Lampiran II yang merupakan bagian Appendix II which is an integral part
tidak terpisahkan dari Surat Edaran of this Financial Services Authority
Otoritas Jasa Keuangan ini Circular Letter
3. Informasi Laporan Keberlanjutan 3. Information on the Sustainability
(Sustainability Report) pada angka 1) Report in number 1) can:
dapat:
a) Diungkapkan pada bagian lain a) Disclosed in other relevant
yang relevan di luar bagian sections outside the Social and
tanggung jawab sosial dan Environmental Responsibility
lingkungan, seperti penjelasan section, such as the Directors’
Direksi terkait Laporan explanation regarding the
Keberlanjutan diungkapkan dalam Sustainability Report disclosed
bagian terkait Laporan Direksi / in the section related to the
atau Directors’ Report /or
b) Merujuk pada bagian lain di luar b) Refers to other sections outside
bagian tanggung jawab sosial dan the Social and Environmental
lingkungan dengan tetap mengacu Responsibility section by still
pada Pedoman Teknis Penyusunan referring to the Technical
Laporan Keberlanjutan Guidelines for the Preparation
(Sustainability Report) Bagi of Sustainability Reports for
Emiten dan Perusahaan Publik Issuers and Public Companies
sebagaimana tercantum dalam as listed in Appendix II which is
Lampiran II yang merupakan an integral part of this Financial
bagian tidak terpisahkan dari Services Authority Circular
Surat Edaran Otoritas Jasa Letter, such as the profile of the
Keuangan ini, seperti profil Emiten Issuer or Public Company
atau Perusahaan Publik
4. Laporan Keberlanjutan (Sustainability 4. The Sustainability Report as referred
Report) sebagaimana dimaksud pada to in number 1) is an inseparable
angka 1) merupakan bagian yang part of the Annual Report but can be
tidak terpisahkan dari Laporan Tahunan presented separately from the Annual
namun dapat disajikan secara terpisah Report
dengan Laporan Tahunan
772 L a p o r a n Ta h u n a n 2 0 2 4 P T P e r t a m i n a G e o t h e r m a l E n e r g y T b k
Page 773
Halaman
No. Keterangan Description
Page
5. Dalam hal Laporan Keberlanjutan 5. In the event that the Sustainability
disajikan secara terpisah dengan Report is presented separately from
Laporan Tahunan, informasi yang the Annual Report, the information
diungkapkan dalam Laporan disclosed in the Sustainability Report
Keberlanjutan dimaksud harus: must:
a) Memuat seluruh informasi a) Contains all the information as
sebagaimana dimaksud pada referred to in number 1)
angka 1)
b) Disusun sesuai Pedoman Teknis b) Prepared in accordance with
Penyusunan Laporan Keberlanjutan the Technical Guidelines for the
(Sustainability Report) Bagi Preparation of a Sustainability
Emiten dan Perusahaan Publik Report for Issuers and Public
sebagaimana tercantum dalam Companies as listed in
Lampiran II yang merupakan Appendix II which is an integral
bagian tidak terpisahkan dari Surat part of this Financial Services
Edaran Otoritas Jasa Keuangan ini Authority Circular Letter
6. Dalam hal Laporan Keberlanjutan 6. In the event that the Sustainability
disajikan secara terpisah dengan Report is presented separately from
Laporan Tahunan, maka dalam bagian the Annual Report, then the Social
tanggung jawab sosial dan lingkungan and Environmental Responsibility
memuat informasi bahwa informasi section contains information
mengenai tanggung jawab sosial dan that information on Social and
lingkungan telah diungkapkan dalam Environmental Responsibility has
Laporan Keberlanjutan yang disajikan been disclosed in the Sustainability
secara terpisah dari Laporan Tahunan Report which is presented separately
from the Annual Report
7. Penyampaian Laporan Keberlanjutan 7. Submission of the Sustainability
(Sustainability Report) yang disajikan Report which is presented separately
secara terpisah dengan Laporan from the Annual Report must be
Tahunan harus disampaikan bersamaan submitted together with the Annual
dengan penyampaian Laporan Tahunan Report
i. Laporan Keuangan Tahunan yang Telah Diaudit 608 i. Audited Annual Financial Statement Financial
Laporan keuangan tahunan yang dimuat Statements included in Annual Report should
dalam Laporan Tahunan disusun sesuai dengan be prepared in accordance with the Financial
Standar Akuntansi Keuangan di Indonesia dan Accounting Standards in Indonesia and
telah diaudit oleh Akuntan. Laporan keuangan audited by an Accountant. The said financial
dimaksud memuat pernyataan mengenai statement should be included with statement of
pertanggungjawaban atas laporan keuangan responsibility for financial report as stipulated
sebagaimana diatur dalam peraturan perundang- in the legislations in the Capital Markets
undangan di sektor Pasar Modal yang mengatur sector governing the responsibility of the
mengenai tanggung jawab Direksi atas laporan Boardmof Directors on the financial report or
keuangan atau peraturan perundang-undangan the legislationsmin the Capital Markets sector
di sektor Pasar Modal yang mengatur mengenai governing the periodicmreports of securities
laporan berkala Perusahaan Efek dalam hal company in the event the Issuer is a Securities
Emiten merupakan Perusahaan Efek Company
j. Surat Pernyataan Anggota Direksi dan Anggota 606-607 j. Letter of Statement of the Board of Directors
Dewan Komisaris tentang Tanggung Jawab and the Board of Commissioners regarding
atas Laporan Tahunan Surat pernyataan the Responsibility for Annual Reporting Letter
anggota Direksi dan anggota Dewan Komisaris of statement of the Board of Directors and
tentang tanggung jawab atas Laporan Tahunan the Board of Commissioners regarding the
disusun sesuai dengan format Surat Pernyataan responsibility for Annual Reporting should be
Anggota Direksi dan Anggota Dewan Komisaris prepared according to the format of letter of
tentang Tanggung Jawab atas Laporan Tahunan statement of member of Board of Directors
sebagaimana tercantum dalam Lampiran yang and the Board of Commissioners regarding the
merupakan bagian tidak terpisahkan dari Surat responsibility for Annual Reporting as attached
Edaran Otoritas Jasa Keuangan ini in the Attachment, which is an integral part of
this Circulation Letter of the Financial Services
Authority
2024 Annual Report PT Pertamina Geothermal Energy Tbk 773
Page 774
PT PERTAMINA GEOTHERMAL ENERGY TBK Grha Pertamina – Tower Pertamax Lt.7 Jl. Medan Merdeka Timur No. 11 - 13 Central Jakarta 10110 Indonesia
Names mentioned 126 people and organisations named in the text · linked when the evidence is strong
unresolved
org
PT Pertamina Geothermal
p.3 ×6
unresolved
org
Energy Tbk
p.3 ×13
unresolved
person
State Officials Wealth
· Komisaris
p.7
unresolved
person
Evaluation
· Anggota
p.7
unresolved
person
PGE
· Sekretaris Perusahaan
p.7
unresolved
org
Indonesia Stock Exchange
p.24 ×9
unresolved
org
Yayasan Keanekaragaman Hayati Indonesia
p.24
unresolved
org
Yayasan KEHATI
p.24
unresolved
org
Yayasan KEHATI. ESG Quality
p.24
unresolved
org
Bank Sampah Setor Jo
p.30
unresolved
org
PT Sucofindo
p.30 ×9
unresolved
org
PT Wahana
p.34
unresolved
org
Professionals LLC
p.35
unresolved
person
Kitty
· Corporate Secretary
p.35
unresolved
org
PT PLN Indonesia Power
p.40 ×9
unresolved
org
Dakwah Islamiah
p.40
unresolved
org
PT PLN Indonesia Power Enter Into JDA
p.41
unresolved
org
PT PGAS Solution
p.41 ×5
unresolved
org
PT Pertamina Maintenance
p.41 ×4
unresolved
org
Africa Geothermal International Ltd.
p.44 ×2
unresolved
org
Ltd.
p.44
unresolved
org
Solution Tbk
p.46 ×2
unresolved
org
PT Sigma Cipta Utama. Flow
p.46
unresolved
org
PT Sigma Cita Utama. Flow
p.46
unresolved
org
PT Sigma Cipta Utama Berkolaborasi
p.46
unresolved
org
PT Sigma Cipta Utama Collaborate
p.46
unresolved
org
PT Pertamina Power Kolaborasi Strategis
p.47
unresolved
org
PT LAPI ITB.
p.55 ×3
unresolved
org
PT LAPI ITB. Potensi
p.55
unresolved
org
Kementerian Energi dan Sumber Daya Mineral
p.56
unresolved
org
Ministry of Energy and Mineral Resources
p.56
unresolved
org
Menteri BUMN RI No. PER-
p.59
unresolved
org
Financial Services Authority
p.59
unresolved
org
PT Pertamina WBS
p.62
unresolved
org
Kementerian Energi dan Sumber
p.73
unresolved
org
Ministry of Energy and Mineral Resources Daya Mineral
p.73
unresolved
org
Directorate General of PGE
p.76
unresolved
org
Kenyan Company Ltd.
p.80
unresolved
org
Africa International Ltd.
p.80
unresolved
org
Geothermal International Ltd.
p.80
unresolved
org
PT Pertamina Pertamina Maintenance
p.81
unresolved
org
Kementerian Lingkungan Hidup
p.89
unresolved
—
Appointed Yurizki Rio
· Director
p.91 ×15
unresolved
—
Appointed Edwil Suzandi
· Director
p.91 ×12
unresolved
org
Menteri Hukum dan Hak Asasi Manusia Republik Indonesia
p.97 ×2
unresolved
org
Menteri Hukum dan Hak Asasi Manusia RI
p.97
unresolved
org
Minister of Law and Human Rights
p.97 ×2
unresolved
org
Masdar Indonesia Solar Holdings RSC Limited
p.97
unresolved
person
Nomination
· Member
p.117 ×2
unresolved
person
Committee
· Member
p.117
unresolved
person
RUPS Sirkuler
· Komisaris
p.118 ×4
unresolved
person
Sujit S. Parhar
· Komisaris Independen
p.118 ×2
unresolved
person
RUPST
· Komisaris Independen
p.118 ×6
unresolved
person
Dannif Danusaputro
· Komisaris
p.118
unresolved
person
Rachmat Hidajat
· Direktur
p.121
unresolved
org
Departemen Keanggotaan
p.131
unresolved
org
PT Pertamina Hulu Indonesia
p.133 ×2
unresolved
org
PT Pertamina Internasional EP
p.133 ×2
unresolved
org
Direktorat Jenderal Energi Baru Terbarukan dan Konservasi Energi
p.135 ×2
unresolved
org
Kementerian Energi
p.135
unresolved
org
Directorate General of New Renewable Energy
p.135
unresolved
org
Ministry of Energy and Mineral Resources of Indonesia
p.135
unresolved
org
Directorate General of New Renewable Energy and Energy Conservation
p.135
unresolved
org
PT Medco Cahaya Geothermal
p.139 ×2
unresolved
org
PT Sarula Operation Ltd.
p.139
unresolved
org
PT Hitay Energy Holdings
p.139 ×2
unresolved
org
PT Supreme Energy Corporation
p.139 ×2
unresolved
org
Magma Nusantara Ltd
p.139 ×2
unresolved
org
PT Sarula Operations Ltd.
p.139
unresolved
org
Onstar Express Pte. Ltd.
p.145
unresolved
org
Direktorat Jenderal EBTKE
p.146 ×2
unresolved
org
Kementerian ESDM
p.146 ×2
unresolved
org
Directorate General of NRE
p.146
unresolved
org
Ministry of EMR Accelerating Net Zero
p.146
unresolved
org
PT Pertamina East Nusa
p.146 ×4
unresolved
org
Kementerian BUMN Risiko
p.146 ×4
unresolved
org
Ministry of SOEs Pertumbuhan Berkelanjutan
p.146
unresolved
—
Independen)1
p.147
unresolved
org
Directorate General of NRE and Energy Conservation Ministry of EMR Accelerating Net Zero
p.147
unresolved
—
Harris (Komisaris)3
p.147
unresolved
org
Direktorat Jenderal EBTKE Green Hydrogen Business Prospect
p.147
unresolved
org
Kementerian ESDM Directorate General of NRE and Energy Conservation Ministry of EMR Accelerating Net
p.147
unresolved
org
Ministry of SOEs Kapasitas dan Mengoptimalkan
p.147 ×3
unresolved
—
Independen)2
p.148
unresolved
—
Gigih Udi Atmo (Komisaris)4
· Komisaris
p.148 ×15
unresolved
org
Kementerian Koordinator
p.148
unresolved
org
PT Pertamina Geothermal Exercise Hak Opsi MESOP Tahap
p.149
unresolved
org
PT Pertamina Geothermal Management
p.149
unresolved
org
PT Pertamina Geothermal MESOP PGE Skema Dana Pribadi
p.149
unresolved
org
PT Pertamina Geothermal Socialization
p.149 ×2
unresolved
org
PT Pertamina Geothermal Leader Competencies
p.149
unresolved
org
Kementerian BUMN BOD BOC
p.149 ×2
unresolved
org
Ministry of SOEs Digital Initiative Prioritization
p.149
unresolved
org
PT Pertamina Geothermal Workshop Project G Bionic
p.149
unresolved
org
PT Pertamina Geothermal PGE’s New Organizational
p.149
unresolved
—
Rachmad Hidajat
p.149
unresolved
org
Ministry of SOEs Fraud Awareness
p.149
unresolved
person
Partisipasi
· Komisaris
p.151
unresolved
org
Kementerian Pendidikan
p.151
unresolved
org
Ministry of Education
p.151
unresolved
person
Rida Mulyana
· Komisaris Utama
p.154
unresolved
person
Ajar Budi Kuncoro
· Komisaris
p.154
unresolved
person
Budiman Parhusip
· Komisaris
p.154
unresolved
person
Hafidh Nazif
· Komisaris
p.154
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