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Digital Transformation for Cikarang Listrindo

Jakarta, 4 September 2018 - PT Cikarang Listrindo Tbk (POWR) has entered their 25th year of operation since 1993, and is one of the recipients of the "2018 Indonesia Fast-Growing New Public Company" award given by Warta Ekonomi. POWR decided to move towards digital transformation by adopting the Enterprise Resource Planning (ERP) business system using the SAP S/4HANA platform.

The Company collaborates with Wilmar Consultancy Services (WCS), a SAP partner who has more than 12 years of IT consulting experience and was awarded "The Best SAP Services Partner" by SAP Indonesia twice in a row, evidence that WCS can provide IT solutions that are comprehensive, effective and efficient.

The implementation process of the SAP S/4HANA ERP system is in the design stage with a target of completion of 'Go Live' in 2019. Wilmar positions itself as a partner for the Company in implementing digital transformation by offering IT-based business solutions that focus on simplifying business processes (simplify), reporting and tracking accuracy (tracing and control), integrated, and ease of implementation (ready).

In the "PT Cikarang Listrindo Tbk SAP Implementation Kick-off Ceremony" which was held on 4 September 2018 at the company's office, Christanto Pranata as the company's Finance Director in his speech said, "Changing is a process that is not easy and requires commitment and every human being must be changed for the better. We must believe that the company must transform into a better one to continue growing. Let's celebrate this 25th anniversary by making changes to meet the future demand." Christanto also added, "The company will show its commitment in implementing SAP to all business units so that accurate data can be accessed in real-time."

Deputy Director of Wilmar, Ade Rahmat, who attended the event, explained, "Every project we work on has its own challenges, including the implementation of SAP S / 4HANA for PT Cikarang Listrindo Tbk. However, our quality and capability in implementing SAP S / 4HANA for more than 10 customers is a testament to our excellence. Of course, with the help of a great commitment from the Company's management, we are sure that SAP's ‘Go Live’ will be completed in 2019.” Ade also said, "Digital transformation is now the main agenda of many companies in Indonesia, this is the effect of rampant technological disruption. Companies are encouraged to be able to transform using technology to keep up with digital developments. The solution offered by Wilmar is an end-to-end business solution complete with analytic features and a mobile user interface / Fiori so that this business application can be accessed anytime, anywhere, and on any device."

Overview of Cikarang Listrindo

Cikarang Listrindo is a company listed on the Indonesia Stock Exchange since 2016 which is engaged in infrastructure, utilities, and transportation. The Company is the longest-operating private power company engaged in the generation and distribution of electricity in Indonesia. The Company serves industrial customers in five industrial estates in the Cikarang area and also supplies electricity to the State Electricity Company (PLN), a state-owned electricity company, under the Power Purchase Agreement (“PJBTL”).

The Company owns and operates coal and gas-fired power plants with capacities of 864MW and 280MW, respectively. The combined total installed generating capacity is 1,144MW. The gas-fired power plant is located in the Jababeka area and Kota Industri MM-2100, with an area of approximately 16 hectares and 12 hectares, respectively, about 45 km east of Jakarta. The coal-fired power plant is located in Babelan, Bekasi, 20 km east of Jakarta and 30 km northwest of the industrial area in the Cikarang area.

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