Pt Tbs Energi Utama Tbk (Indonesia)

PT TBS Energi Utama Tbk is an integrated energy company located in Jakarta, Indonesia. The company was founded in 2007 and is a subsidiary of Highland Strategic Holdings Pte. Ltd. It operates in several segments, including coal mining and trading, coal fired power plants (CFPP), plantations, and new and renewable energy (NRE) and electric vehicle. The company owns and operates three coal mines in Sangasanga, Kutai Kartanegara, and East Kalimantan. It also operates two CFPP in Sulawesi, with a capacity of 2x50 megawatts each. Additionally, the company has a palm oil plantation business covering approximately 8,633 hectares. PT TBS Energi Utama Tbk focuses on developing clean and renewable energy, including hydropower, wind turbine, solar panel, and supporting businesses. It is also involved in the electric vehicle sector, collaborating with strategic partners to develop the electric motorcycle ecosystem. The company aims to play a key role in Indonesia's future energy transition through technological innovations and innovative clean and renewable energy projects.