Energy

Energy business pillar focuses on exploration, production, processing, energy services and electricity generation

The Energy business pillar focuses on the exploration, production, processing, energy services and electricity generation. Indika Energy capitalizes on Indonesia’s abundant natural resources through leveraging opportunities inherent in the energy demand expansion for both domestic and global developments. We do this through consistent strategic utilization of our existing mining assets to meet energy demand in Indonesia.

Established in 1982

Business Type Coal Mining

Operation area Paser Regency, East Kalimantan, Indonesia

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KIDECO JAYA AGUNG

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 35.8 million tons of coal in 2021 and has supplied coal to more than 50 customers in over 16 countries.

Established in 1989

Business Type Coal Mining

Operation area Central Kalimantan, Indonesia

MULTI TAMBANGJAYA UTAMA

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

INDIKA ENERGY 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.

Established in 1972

Business Type Contract Mining Services

Operation area East Kalimantan, Indonesia

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PETROSEA

One of the largest contract miners in Indonesia since 1972

Indika Energy owns a 69.8% interest in Petrosea, an Indonesian company, which has almost 50 years of experience in providing mining, engineering and construction, and offshore supply base services in the coal, oil and gas sectors. Petrosea, which offers a complete pit-to-port mining solution through a comprehensive array of services to the Indonesian mining industry, is widely recognized as one of Indonesia’s leading energy sector contractors. Now serving major projects across the coal, oil and gas, and geothermal energy spectrum, Petrosea leverages its extensive expertise to provide high quality services and solutions that exceed clients’ expectations.

Established in 1973

Business Type Central and South Sumatra, East Java, and Central Sulawesi

Operation area EPC services for oil and gas

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TRIPATRA

Industry leader in engineering, procurement and construction of oil and gas in Indonesia

Tripatra, in which Indika Energy has a 100% interest, has one of the longest service histories among engineering, procurement & construction (EPC) companies in Indonesia since its establishment in 1973. Tripatra also provides operations & maintenance (O&M) services and, through its associate companies PT Sea Bridge Shipping Indonesia (SBS) and PT Cotrans Asia Indonesia (Cotrans), offers coal shipping and transshipment services.

Over the past four decades, Tripatra has established an impressive track record for delivering reliable engineering solutions to major clients with infrastructure and logistics needs in the oil and gas sector. Its strong engineering capabilities and highly skilled project management are the key drivers of its success in winning and implementing a number of world class projects.

Established in 2007

Business Type Power generation

Operation area West Java, Indonesia

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CIREBON ELECTRIC POWER

660 MW coal-fired power plant in West Java

Cirebon Electric Power (CEP) was established in April 2007, under a consortium of leading international energy players in Asia, including Indika Energy which owns a 20% interest. CEP owns and operates a 660 MW coal-fired power plant in Cirebon, West Java, which utilizes supercritical technology, including a tangentially fired boiler with LO-NOx Burners. This technology improves cycle efficiency, reducing coal consumption and air pollution despite the use of low calorific coal. This has enabled CEP to keep the emissions of Nitrous Oxides (NOx) significantly lower than the thresholds set by the Indonesian government.

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