Potential offtaker

PT Indika Energy Tbk

www.indikaenergy.com

Estimated electricity consumption

N/A

Countries of production presence

N/A

Indika Energy is a leading Indonesian energy company that operates in the thermal coal sector. The company was established in 2005 and has since grown to become one of the largest coal mining companies in Indonesia. Indika Energy is committed to providing reliable and sustainable energy solutions to meet the growing demand for energy in Indonesia and around the world.

Decarbonisation is a key focus of Indika Energy's operations. The company recognizes the urgent need to reduce greenhouse gas emissions and transition to a low-carbon economy. To this end, Indika Energy has implemented a number of initiatives to reduce its carbon footprint and promote sustainable energy practices.

One of the ways Indika Energy is working towards decarbonisation is through the development of renewable energy projects. The company has invested in solar power plants and is exploring opportunities in wind and hydro power. By diversifying its energy portfolio, Indika Energy is reducing its reliance on fossil fuels and contributing to the growth of the renewable energy sector in Indonesia.

In addition to renewable energy, Indika Energy is also focused on corporate energy management. The company has implemented energy efficiency measures across its operations, including the use of energy-efficient lighting and equipment, and the optimization of its transportation fleet. These initiatives have not only reduced the company's carbon footprint but also resulted in significant cost savings.

Corporate power purchase agreements (PPAs) are another way Indika Energy is promoting renewable energy. The company has signed several PPAs with renewable energy developers, committing to purchase a portion of their energy output. These agreements provide a stable revenue stream for renewable energy projects, making them more attractive to investors and helping to accelerate the transition to a low-carbon economy.

Indika Energy is also committed to responsible mining practices. The company operates in accordance with strict environmental and social standards, and works closely with local communities to ensure that its operations have a positive impact on the surrounding area. Indika Energy's mining operations are certified under international standards, including ISO 14001 and OHSAS 18001, and the company is a member of the International Council on Mining and Metals (ICMM).

In addition to its core business in the thermal coal sector, Indika Energy has diversified into other areas of the energy sector. The company has invested in power generation, oil and gas exploration, and infrastructure development. These investments have helped to create a more integrated energy value chain, and position Indika Energy as a leading player in the Indonesian energy sector.

Indika Energy's commitment to sustainability and decarbonisation is reflected in its corporate strategy. The company has set ambitious targets to reduce its carbon footprint and increase its renewable energy capacity. By 2025, Indika Energy aims to have 500 MW of renewable energy capacity, and to reduce its carbon emissions by 30% compared to 2019 levels.

In conclusion, Indika Energy is a leading Indonesian energy company that operates in the thermal coal sector. The company is committed to decarbonisation and sustainability, and has implemented a number of initiatives to reduce its carbon footprint and promote renewable energy. Indika Energy's focus on corporate energy management, corporate PPAs, and responsible mining practices, as well as its investments in power generation, oil and gas exploration, and infrastructure development, position it as a key player in the Indonesian energy sector.

✓ Declared Net Zero commitment