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Jakarta Post

Adaro looks to renewable energy for new business

  • Stefanno Reinard Sulaiman

    The Jakarta Post

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JAKARTA   /   Wed, May 1, 2019   /  03:52 pm
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Adaro Energy's Tanjung Power Indonesia coal-fired power plant in Tabalong, South Kalimantan(Antara/Hafidz Mubarak A.)

The country’s second largest coal producer PT Adaro Energy has established a renewable energy division as part of the company’s long-term plan to enter the clean energy business. Adaro Energy president director Garibaldi Thohir, popularly called “Boy”, said in Jakarta on Tuesday that renewable energy could become the company’s future as the coal business would be more challenging in the next 15 to 20 years. The company has made a number of preparations to support investment in renewable energy such as the establishment of a new business unit, the development of a pilot project for solar power generation and the plan to take part in state-owned electricity company PLN’s auctions for the construction of solar power plants. To date, the company, which operates large coal mines in Tabalong regency, South Kalimantan, has two coal-fired power plants...