INDY has obtained a multicurrency facility totaling USD 203 million and IDR 2.8 trillion to support the company’s transition away from the coal business.
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Indika Energy has reached an agreement with Hyundai Motor Company to become the authorized distributor of electric buses produced by the South Korean company.
Read More Diversified investment company Indika Energy announced on Monday that it had reached an agreement to sell its coal mine in North Kalimantan to Petrindo Jaya Kreasi (CUAN).
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A collaboration between Indika Energy Group and Taiwanese-based company Foxconn has created quite a stir in Nusa Dua Bali.
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The joint venture, FIM, will conduct manufacturing business for commercial EVs and electric batteries, as well as provide management consultation service.
Read More PT Illectra Motor Group, the electric vehicle (EV) manufacturing arm of coal miner Indika Energy, has launched a fully electric, mass-produced motorcycle in Indonesia, bringing the government closer to its goal of turning the country into a global EV player.
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