PT Adaro Energy Indonesia Tbk is an Indonesian coal mining company, the country's second-largest by production volume and largest by market capitalisation.
[3] Adaro Energy operates under a first-generation CCA (coal co-operation agreement) with the Indonesian Government valid until 2022.
[4] The construction of Indonesia's largest coal plant, into which Adaro invested $4.2 billion, began in June 2016.
Spanish state-owned enterprise Enadimsa (empresa nacional adaro investigaciones mineras s.a.) bid for Block 8 in the Tanjung district of South Kalimantan.
In 2008, Adaro Energy raised $1.3 billion in the country's largest ever initial public offering.