[Krakatau Pipe Industries Signs Deal to Supply About 50,000 Steel Poles for PLN Power Infrastructure]
PT Krakatau Steel (Persero) Tbk (KRAS), through its subsidiary PT Krakatau Pipe Industries (PT KPI), has partnered with state electricity company PT PLN (Persero) to supply about 50,000 steel poles to support the development of Indonesia’s electricity infrastructure. The contract was signed on Friday, October 30, 2026, by PT KPI’s Acting Commercial Director Rony Yanuardi and PLN’s Suroso Isnandar. The companies said the deal supports the government’s goals of energy independence and industrial downstreaming, and reflects confidence in PT KPI’s ability to supply quality steel pipe products for national power infrastructure.