Energy & Utilities
PT PLN (Persero) is a State-Owned Enterprise in Indonesia. The organisation’s core business is to supply electricity across Indonesia through generation, transmission and distribution streams.
A summary of their organisation and asset base is as follows:
PT PLN (Persero) wants to be the leading electricity provider in Southeast Asia and recognises that implementing good practice Asset Management will help them achieve this and a number of other Corporate goals. AMCL was appointed to assess PT PLN’s Asset Management System and Maturity of their Asset Management capabilities and then implement a Roadmap of Improvements.
Following a gap analysis against ISO55001, maturity assessment against GFMAM 39 subjects and development of an Asset Information Strategy, AMCL was engaged to design and implement the opportunities for improvement. The Roadmap of improvements were prioritised in terms of value add and benefits and programs of improvement projects developed for implementation over 4 years. In mid 2021, AMCL was appointed to deliver Phase 1 of Asset Management improvements
AMCL developed an Improvement Strategy and supporting Improvement Roadmap to guide PT PLN on its Asset Management journey. The Improvement Strategy began with embedding key elements of an Asset Management System, defining the role of Top Management in leading the Asset Management function and establishing AM competency across all levels of the organisation so that there is common and aligned understanding of the fundamentals of Asset Management. The final elements of the Improvement Strategy included building in good pactice such as Risk Management and continous improvement.
The supporting Roadmap outlined specific opportunities to align their Asset Management System with the requirements of ISO 55001 and grow their Asset Management capabilities spanning 4 years. For Phase 1, the projects within the Improvement program covered:
AMCL assisted PT PLN in defining their Asset Management Objectives to support the delivery of the organisation’s strategies and goals and their Strategic Asset Management Plan which provides focus on delivering the Asset Management Objectives.
AMCL helped PT PLN to define and widely communicate Risk Appetite Statements that provides guidance on the amount of risk to take in pursuing organisational objectives. AMCL also reviewed PT PLN’s Risk Management Framework and how the organisation evaluated and managed asset risk and its criteria for prioritising investment.
AMCL assisted PT PLN in developing and establishing its AM Policy which was signed off by all members of Top Management to demonstrate committment to Asset Management.
AMCL also helped PT PLN with defining its Risk Appetite and develop meaningful Risk Appetite Statements. In doing this, AMCL developed and provided a detailed methodology for PT PLN to assist them in defining further Risk Appetite Statements.