Garibaldi Thohir, President Director of coal miner and energy company Adaro Energy (ADRO) believes market conditions are improving in Indonesia, especially in the coal mining sector due to rising investment in energy infrastructure as the construction of new coal-fired power plants in Indonesia gives rise to growing domestic coal demand. However, he adds that the coal price remains volatile and difficult to predict (in fact the coal price highly depends on Chinese policies in the mining industry). Due to the unclear situation in the coal mining sector, Adaro Energy has been eager to diversify its business. Earlier it entered the power generation sector but now it is also seeking to enter other sectors, including the water treatment sector.
