Green Business

We continue to invest in renewable energy, EV, nature based solutions

Indika Energy’s ESG principles are more than just an obligation; they are how we strive to do business as we transition to low-carbon outcomes. And sustainability is a key part of that: If what we are doing is not sustainable for nature, then it is not sustainable for business. This was the reason we focused heavily on green businesses, diversified into renewable energy, electric vehicle mobility and nature-based solutions.

Established in 2021

Business Type Solar power generation

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EMPAT MITRA INDIKA TENAGA SURYA (EMITS)

Solar power generator

In 2021 Indika Energy launched a joint venture with Fourth Partner Energy (4PEL), a leading Indian solar developer. The joint venture, PT Empat Mitra Indika Tenaga Surya (EMITS), will provides a one-stop-shop, renewable energy solutions platform for Indonesia’s commercial and industrial sectors. Fourth Partner Energy is majority owned by The Rise Fund, the world’s largest private markets social impact fund, with over US$ 5 billion in assets under management. The Rise Fund focuses on investments in private companies that have a measurable, positive social and environmental impact that generate competitive financial returns.

Established in 2019

Business Type Nature-based solutions

Operation area East Kalimantan and Solo, Central Java

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INDIKA NATURE

A nature-based solutions company

Established in 2019, Indika Multi Properti (Indika Nature) is part of Indika Energy’s strategic efforts to achieve carbon neutrality by 2050. Indika Nature partners with local communities to create positive impact through the regenerative management of over 135,000 hectares of land. Its core focus includes ecosystem restoration, biodiversity enhancement, and soil quality improvement to support long-term productivity in harmony with nature.

Indika Nature operates through three main pillars Energy Plantation, managed by Jaya Bumi Paser, focuses on producing biomass from Calliandra trees in the form of FSC-certified wood pellets; Environmental Services, managed by Telaga Mas Kalimantan, focuses on forest and biodiversity management, as well as carbon value development through close partnerships with local communities; Agroforestry & Non-Timber Forest Products, managed by Natura Aromatik Nusantara, specializes in producing essential oils and natural extracts derived from forest resources.

Established in 2022

Business Type Electric vehicle

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ILECTRA MOTOR GROUP (IMG)

Accelerating EV adoption in Indonesia by providing innovative technologies and services, particularly for two-wheelers

PT Ilectra Motor Group (IMG) specializes in electric vehicle (EV) solutions. The company is dedicated to promoting sustainable mobility by providing innovative EV technologies and services, particularly for two-wheelers. To support the acceleration of EV adoption in Indonesia, ALVA has established Experience Centers in various cities including Jakarta, Bali, Bandung, Surabaya, and Semarang to enhance customer engagement with its EV products.

ALVA’s electric motorcycle models comply with the government’s local content requirements, reflecting the company’s commitment to advancing clean transportation while contributing to the national economy. ALVA has obtained ISO 9001 and ISO 14001 certifications and launched multiple Experience Centers across major cities. In mid-2024, the company introduced new models and expanded its Boost Charge Station network nationwide. ALVA is now partnering to install charging stations at strategic high-traffic locations to further support EV infrastructure.

Established in 2023

Business Type Electric mobility solutions

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KALISTA NUSA ARMADA

Building EV Ecosystem

Kalista Nusa Armada (KALISTA) provides a comprehensive electric vehicle (EV) ecosystem, with a mission to simplify the transition to electrification for both businesses and municipal governments. KALISTA offers end-to-end solutions, covering everything from planning and vehicle provision to charging infrastructure and after-sales services.

Currently, KALISTA focuses on three main sectors: urban transportation, logistics, and mining & plantation operations. KALISTA collaborates strategically with one of Indonesia’s largest public EV charging point operators (CPOs) to expand the national charging infrastructure network. KALISTA has active operations in Medan and Jakarta, and manages a network of over 200 EV charging stations across Indonesia.

Established in 2023

Business Type Electric vehicle solutions provider

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ENERGI MAKMUR BUANA

Complete EV solutions

Energi Makmur Buana (INVI) is a leading electric vehicle (EV) solutions provider dedicated to accelerating Indonesia’s transition to sustainable mobility. As part of Indika Energy’s clean energy initiatives, INVI focuses on developing and deploying innovative EV technologies—including electric motorcycles and commercial fleets—to reduce carbon emissions and improve energy efficiency. With a strong commitment to sustainability, INVI integrates advanced technology, reliable infrastructure, and customer-centric solutions to support widespread EV adoption. By fostering a greener transportation ecosystem, INVI plays a vital role in shaping Indonesia’s low-carbon future.

Other Business Pillars

See more of our business pillars in Energy, Logistics and Infrastructure, Minerals and Digital