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PT Adaro Energy Indonesia Tbk is an Indonesian coal mining company, the country's second-largest by production volume and largest by market capitalisation. In the 2023 Forbes Global 2000 , Adaro Energy was ranked as the 1393th-largest public company in the world. [ 1 ]
Energy consumption by source, Indonesia. Development of CO 2 emissions. In 2019, the total energy production in Indonesia is 450.79 million tonnes of oil equivalent, with a total primary energy supply of 231.14 million tonnes of oil equivalent and electricity final consumption of 263.32 terawatt-hours. [2]
PT Perusahaan Listrik Negara (Persero) (lit. ' State Electricity Company ', abbreviated as PLN) is an Indonesian government-owned corporation which has a monopoly on electric power distribution in Indonesia and generates the majority of the country's electrical power, producing 176.4 TWh in 2015.
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Location of Indonesia. Indonesia is a unitary sovereign state and transcontinental country located mainly in Southeast Asia with some territories in Oceania. Indonesia's economy is the world's 16th largest by nominal GDP and the 8th largest by GDP at PPP, the largest in Southeast Asia, and is considered an emerging market and newly industrialised country.
The company was founded by Indonesian businessman Arifin Panigoro in 1980 and is headquartered in Jakarta, Indonesia. [3] [4] In October 2015, the company bought an interest in the Singa gas field in the Lematang Block located in South Sumatra for $22 million [5] and, in May 2019, the company acquired Ophir Energy in a deal valued at $517.6 million.
The Indonesian natural gas industry was initially managed by the Dutch private gas company L.J.N Eindhoven & Co., which was established in 1859. The company introduced the use of gas in Indonesia, which was at the time made from coal. [1] At the end of World War II, in August 1945, Japan surrendered to the Allies.
The company also acquired Berau Coal Energy from Asia Resource Minerals PLC, a major mining group founded by Nathaniel Rothschild, in a takeover initiated by Fuganto Widjaja. [ 2 ] Sinar Mas was founded by a Chinese Indonesian tycoon, Eka Tjipta Widjaja .