What Energi Group does

PT Exploitasi Energi Indonesia Tbk. (Energi Group, IDX: CNKO) is an Indonesian integrated coal-based energy provider that operates coal mining, coal trading, and captive coal-fired power generation. Founded in 1999 as PT Central Korporindo Internasional and rebranded in 2010, the company has been listed on the Indonesian Stock Exchange since November 2001. It holds a Production Operation Mining (IUPOP) license in South Kalimantan and supplies up to two million tons of coal annually to the domestic market. Its principal customer is PT PLN (Perusahaan Listrik Negara), Indonesia's state-owned electricity company, served under long-term and mid-term contracts signed in 2006, with additional spot supply to PLN Batubara since 2018. The company also owns and operates a 2x7 MW coal-fired power plant in Pangkalan Bun, Central Kalimantan, in commercial operation since 2011.

The revenue model is anchored by direct B2B long-term and mid-term supply contracts with PLN and PLN Batubara, supplemented by spot and trading sales into the broader domestic Indonesian market. Energi Group reports FY2025 operating revenues of approximately IDR 1.86 trillion with comprehensive net profit attributable to owners of the parent of IDR 194.61 billion, representing a sharp turnaround from losses in 2021-2023. The company previously held a separately listed coal mining subsidiary, PT DWI Guna Laksana (DWGL), which was divested to Hawthorn-Capital Investment in 2019. Operations are geographically concentrated in South and Central Kalimantan, with corporate headquarters at Sinar Mas Land Plaza, Sudirman, Jakarta, and the firm reports a headcount range of 11-50 employees. Go-to-market is direct enterprise sales to state-owned utilities, with investor relations and statutory disclosure as the principal external communication channels.

Name

Energi Group

Legal name

PT Exploitasi Energi Indonesia Tbk.

Website

https://energigroupindonesia.com

Company type

Public

Founded year

1999

Operating status

Operating

Headcount range

11–50 employees

Short description

Energi Group (PT Exploitasi Energi Indonesia Tbk., IDX: CNKO) is an Indonesian integrated coal-based energy provider mining and trading coal while operating a 2x7 MW captive power plant, supplying primarily state-owned utility PT PLN under long-term contracts.

Ownership category

akta.pro rank

Product category

Coal Mining & Power Generation

NAICS

Fossil Fuel Electric Power Generation (221112)

SIC

Bituminous Coal & Lignite Mining (1220), Bituminous Coal & Lignite Surface Mining (1221), Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Pulverized Coal (PC) Power Plants (EUACAAAA)

Keywords

• Coal mining operations
• Coal trading supply
• Coal-fired power generation
• Thermal coal production
• Integrated energy provider

Headquarters

HQ city

Jakarta

HQ country

Indonesia

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Infrastructure, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Coal Trading and Supply: The company generates revenue primarily through coal mining and trading, supplying up to 2 million tons of coal annually to the domestic market. This includes long-term and mid-term contracts with PT PLN (Perusahaan Listrik Negara) and spot market coal sales to PT PLN Batubara.
2. Coal-Fired Power Generation: The company's 2×7 MW coal-fired power plant in Pangkalan Bun, Central Kalimantan, has been in commercial operation since 2011, providing an additional revenue stream through electricity generation.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Energi Group is an integrated coal-based energy provider that mines and trades coal for Indonesia's domestic market, supplying up to two million tons annually primarily to PT PLN (state electricity company). It also operates its own 2x7 MW coal-fired power plant in Pangkalan Bun, Central Kalimantan, combining upstream mining with downstream power generation.

Product overview

Energi Group (PT Exploitasi Energi Indonesia Tbk, ticker CNKO) is an integrated coal-based energy provider in Indonesia. The company operates a vertically integrated energy business consisting of coal mining and trading operations supplying up to two million tons of coal annually to the domestic market, complemented by company-owned coal-fired power generation capacity. The core products are the coal mining and trading business and the coal-fired power plant in Pangkalan Bun, Central Kalimantan with 2x7 MW capacity operational since 2011. Formerly known as PT Central Korporindo Internasional Tbk, incorporated in 1999 and listed on the Indonesian Stock Exchange.

Differentiator

Problem solved

Functional benefit

Products and services

• Coal Mining and Trading Commercial coal mining and trading operations supplying up to two million tons of coal annually to Indonesia's domestic market, with a Production Operation Mining (IUPOP) license in South Kalimantan. Primary customers include PT PLN (Perusahaan Listrik Negara) and PT PLN Batubara under long-term, mid-term, and spot contracts.
• Coal-fired Power Plant (Pangkalan Bun) Company-owned coal-fired power generation facility located in Pangkalan Bun, Central Kalimantan, with a production capacity of 2x7 MW that has been in commercial operation since 2011, providing captive electricity generation as part of the integrated coal-based energy business.

Quantifiable outcome

• Supplies up to 2 million tons of coal annually to the domestic market
• +3 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Three partnerships are on record, tiered core and minor.

• PT PLN BatubaracoreStrategic or Co-development Partner · 1 January 2018In 2018, Energi Group signed a spot contract as a coal supplier at PT PLN Batubara, a subsidiary of PLN. This expanded the company's commercial relationship with the PLN group to include spot market coal supply.
• Bureau CoalminorStrategic or Co-development Partner · 1 January 2018In 2018, Energi Group started a cooperation with Bureau Coal as a coal supplier, expanding its network of coal supply partnerships beyond the PLN group.
• PT PLN (Perusahaan Listrik Negara)coreStrategic or Co-development Partner · 1 January 2006Energi Group signed a long-term and mid-term contract with PT PLN (Perusahaan Listrik Negara) in 2006 to be one of the coal suppliers. PLN is Indonesia's state-owned electricity company and represents the company's primary customer for coal supply. The partnership was further strengthened with a spot contract for coal supply to PT PLN Batubara in 2018.

Scale indicators8 records

Recent moves11 records

Expansion highlights2 records

Direct peers

• PT Harum Energy Tbk: Indonesian coal mining company focused on thermal coal with operations in Kalimantan, overlapping with Energi Group's core geography and product offering to the same utility customer base.
• PT Astrindo Nusantara Infrastruktur Tbk: Indonesian coal mining and infrastructure company of similar smaller scale, with comparable thermal coal operations and B2B utility supply model relevant to Energi Group's positioning.
• PT Bukit Asam Tbk: Indonesian state-owned coal mining company with integrated power generation and direct PLN supply contracts. Closely comparable to Energi Group as a state-affiliated coal miner that operates its own generation assets and is exposed to the same Indonesian utility offtake dynamics.
• PT Samindo Resources Tbk: Indonesian coal mining contractor and producer operating in Kalimantan with coal hauling and mining services. Comparable to Energi Group's role in the broader Indonesian coal value chain and same end-market exposure.
• PT Adaro Energy Indonesia Tbk: One of Indonesia's largest coal producers and exporters with thermal coal operations and B2B utility offtake. Directly comparable to Energi Group on product (thermal coal), target market (power utilities), and Indonesian operating environment, though at much larger scale.
• PT Bumi Resources Tbk: Indonesian coal mining company with significant thermal coal operations and integrated power-generation exposure. Comparable to Energi Group's coal-mining-plus-power business model, though at much larger scale.
• PT Darma Henwa Tbk: Indonesian coal mining services contractor providing coal hauling and mining operations for major coal producers. Comparable to Energi Group in the Indonesian coal value chain and exposure to thermal coal end-markets.
• PT Bayan Resources Tbk: Indonesian thermal coal mining company with B2B utility customers. Comparable in product offering (thermal coal) and end-market focus (power generation utilities) to Energi Group's coal supply business.
• PT Indo Tambangraya Megah Tbk: Indonesian coal mining company with B2B thermal coal sales primarily to power utilities. Comparable in customer profile, product mix, and PLN-group offtake dynamics to Energi Group's core coal trading and mining business.
• PT Golden Energy Mines Tbk: Indonesian coal mining subsidiary of Sinar Mas Group, headquartered at the same Sinarmas Land Plaza as Energi Group, with comparable coal mining and trading operations in Kalimantan targeting similar utility customers.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/PT-Exploitasi-Energi-Indonesia-Tbk-328269490931301

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Energi Group