Indika Energy's Coal Production Decreases Since 2014 Amidst Diversification Efforts

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Reza Pahlevi 09/02/2022 11:40 WIB

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Through its subsidiary, PT Kideco Jaya Agung, Indika produces more than 30 million tons of coal annually.

Indika Energy Coal Production (2014 - 2021*)

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Indika Energy's Coal Production Decreases Since 2014 Amidst Diversification Efforts

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Indika Energy Coal Production (2014 - 2021*)

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PT Indika Energy Tbk is one of the energy companies that owns a coal mine. Through its subsidiary, PT Kideco Jaya Agung, Indika produces more than 30 million tons of coal annually.

In 2014, Kideco's coal production peaked at 40.3 million tons. This figure decreased to 39 million tons in 2015. The following year, production slumped to 31.1 million tons.

Production fell again to 31 million tons in 2017. Production increased again to 34 million tons in 2018 and 34.3 million tons in 2019.

In 2020, production fell again to 33 million tons. As of September 2021, Kideco's coal production reached 26.9 million tons. This is higher than coal production in September 2020, which produced 23.9 million tons.

Indika began diversifying away from coal in 2021. By 2025, the company targets 50% of its revenue to come from non-coal sources.

Editor : Annissa Mutia

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Indika Energy's Coal Production Decreases Since 2014 Amidst Diversification Efforts

Indika Energy's Coal Production Decreases Since 2014 Amidst Diversification Efforts

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Indika Energy's Coal Production Decreases Since 2014 Amidst Diversification Efforts

Indika Energy's Coal Production Decreases Since 2014 Amidst Diversification Efforts

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Indonesia's Per Capita Electricity Consumption, 2016-2024

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Energy Production Projections in Southeast Asia until 2029, Indonesia Ranks Highest

More Global Coal Power Plants Added Than Retired

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