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Economy

Indonesia's Adaro Energy embraces 'self-disruption'

Coal miner is taking chances on new ventures even as its core business thrives

Adaro Energy President Director and CEO Garibaldi Thohir

Major Indonesian coal miner Adaro Energy, which in recent years has entered the domestic power plant business, is now looking to build power plants in neighboring countries in Southeast Asia.

Garibaldi Thohir, the company's president director and CEO, said that following a successful deal late last year with Electricity Generating Authority of Thailand in which Adaro will supply coal for more than 20 years, he realized the company's ability to commit to a long-term supply agreement for coal-fired power plants could give it an advantage in the sector.

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