Energy Resources

Energy Resources business pillar focuses on exploration, production and processing of coal

Indika Energy capitalizes on Indonesia’s abundant natural resources through leveraging opportunities inherent in the energy demand expansion for both the country and global developments. We do this through consistent strategic utilization of our existing mining assets to optimize production and operational efficiencies at the coal mines being exploited by Kideco Jaya Agung and Multi Tambangjaya Utama (MUTU)

Established in 1982

Business Type Coal mining

Operation area Paser Regency, East Kalimantan, Indonesia

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Kideco Jaya Agung, established in 1982, undertakes surface coal mining at a 50,921 hectare concession in Paser Regency, East Kalimantan, Indonesia, where it holds coal mining rights under a first-generation Coal Contract of Work (CCoW) until 2023. Kideco, which currently operates six open-pit mining sites, produces a range of sub-bituminous coal containing low levels of sulfur, ash and nitrogen, making it environmentally friendly for use in coal-fired power plants. As one of the lowest-cost coal producers in Indonesia, Kideco produced 33 million tons of coal in 2020 and has supplied coal to more than 50 customers in over 16 countries.

Established in 1989

Business Type Coal mining

Operation area Central Kalimantan


A high-rank bituminous thermal and coking coal asset in Central Kalimantan

In 2012, Indika Energy acquired an indirect 85.0% equity interest in MUTU, a high-rank bituminous thermal and coking coal holding a third-generation CCoW based in Central Kalimantan, with a concession area of 24,970 hectares. Located approximately 30 km northeast of Ampah city and approximately 250 km north of Banjarmasin, MUTU has developed coal hauling roads with a capacity of 3.0 million tons per year and a barge port with a capacity of 5.0 million tons per year, while continuing to upgrade and expand its infrastructure to support future mining operations.

Established in 2013

Business Type Coal trading


A reliable coal trading company which ensures consistent quality and sustainable supply

Established in 2013 and commenced to operate in 2014, Indika Energy Trading is sourcing, supplying and trading coal products to the domestic or seaborne market. Partnering with leading coal producers in Indonesia to ensures consistent quality and sustainable supply, Indika Energy Trading delivers wide range coal products from high to low calori­fic value for diverse industries.

Other Business Pillars

See more of our business pillars in Energy Services, Energy Infrastructure and Diversified Portfolio