PT KIDECO Jaya Agung (KIDECO) explores, develops and produces coal in the Pasir area in
The concession covers a period of 30 years from March 1993 when commercial production first began.
KIDECO was incorporated as a limited liability company in September 1982 under the laws of the
KIDECO is the third largest coal company in
In the early 1980s, the Government of Korea encouraged business to expand overseas, in line with the rapid industrialization of the country, to seek both market for their products and energy resources to support domestic production by extending financial and government to government support for such investors.
As a result of this government initiative, Samtan participated in a consortium to develop open-fit coal mining in
Between 1983 and 1993, KIDECO undertook a general survey and exploration in the concession area to identify promising areas for exploitation. During this period , KIDECO also completed feasibility studies and the construction of supporting infrastructure for mining operation at the Roto area, including coal processing facilities at Batu Kajang and the Tanah Merah Coal Terminal which is located at the mouth of
On 27 June 1997, the Government assumed all the right and obligation of PTBA and became KIDECO’s direct counter party under the CCOW.
In 1997, KIDECO commenced production at the Roto South mine area, which facilitated a rapid increase in coal production to reach 11.5 million tones as of 2006.
KIDECO has progressively expanded its production capacity since the mid-1990s by undertaking 4 major expansion projects to bring the installed capacity from 2MTPA initially to the present level 19MTPA.