Jakarta - The Ministry of SOEs proposes state capital participation in the state budget plan for the fiscal year 2023 worth Rp73.26 trillion.

"This state capital participation budget consists of cash state capital participation worth Rp69.82 trillion and non-cash state capital participation of Rp3.44 trillion," said Deputy Minister of SOEs Pahala N Mansury in a working meeting with Commission IV of the Parliament on Tuesday night (6/7).

Furthermore, PT Hutama Karya will get the largest capital injection, with Rp30.56 trillion. In addition, PT PLN also received a state capital participation allocation of around Rp10 trillion.

"PLN's state capital participation will be used for the construction of electricity program infrastructure for the generation, transmission, substation, and distribution sectors, including the implementation of the village electricity program and renewable energy generators," he explained.

He added