PT Perusahaan Listrik Negara (PLN), the state electricity provider, is the largest company in Indonesia by total assets and revenues. The Company booked net profit of Rp4.41 trillion last year, dropped 45.6% from 2016 despite falling operating loss before electricity subsidy from the State. That has prompted the government to cap thermal coal price under the domestic market obligation (DMO), even though this might not be enough.To subscribe please click here