- CEO
- Lyna
- Full Time Employees
- 79
- Sector
- Energy minerals
- Industry
- Coal
- Address
- Plaza 5 Pondok Indah South Jakarta JK Indonesia 12140
- IPO Date
- Jun 9, 2017
- Business
- PT Alfa Energi Investama Tbk is an Indonesian energy company primarily engaged in the mining, trading, and transportation of coal. Founded in 2015 and headquartered in South Jakarta, the company operates through subsidiaries including PT Alfara Delta Persada, which holds a mining concession of approximately 2,089 hectares in Kutai Kartanegara, East Kalimantan, and another concession of about 6,000 hectares in Damai. Its core products and services encompass coal mining, stockpile management, crushing and loading of coal, and coal trading. The company also participates in investment activities and the operation of coal-fired power plants through its subsidiary Alfa Daya Energi, which is involved in electricity/power business development. Additional subsidiaries include PT Properti Nusa Sepinggan and PT Adhikara Andalan Persada, which contribute to its broader operational footprint.
Recent major developments at PT Alfa Energi Investama include strategic expansion into the electricity sector with plans to develop coal-fired power plants, reflecting a diversification beyond coal mining and trading. The company continues to execute operational improvements, as indicated by a significant increase in coal production and a reduction in cost of goods sold reported in its 2022 financials. It maintains a focus on optimizing resources and opportunities to enhance performance in 2023 as part of its corporate work plan. The company also benefits from coal trading operations domestically and in regional markets including Taiwan, Malaysia, the Philippines, India, and Korea, expanding its geographic presence in Asia.
PT Alfa Energi Investama Tbk operates within the energy sector focusing on thermal coal and related mining activities. Its integrated business segments cover coal mining, trading, and logistics with a forward-looking investment in power generation. The company is publicly traded on the Indonesia Stock Exchange under the ticker FIRE.JK and employs approximately 96 people. Its management team consists of executives overseeing operations, finance, technical, marketing, and legal functions.
Overall, PT Alfa Energi Investama Tbk delivers a comprehensive suite of coal-related products and services including extraction, processing, trading, and power generation, backed by recent strategic moves to enhance its electricity generation capabilities and regional trading operations. These initiatives align with its long-term strategy to diversify energy offerings while consolidating its core coal business in Indonesia and expanding its market reach internationally.