Mirae Asset Tiger 200 Energy Fund (139250)

Overview

PT Mitra Energi Persada Tbk, originally founded in 1981 as PT Korpora Persada Investama, Tbk, underwent a name change in January 2008 to better reflect its expanding operations and focus on the energy sector. With its headquarters in Jakarta Selatan, Indonesia, this company has cemented its presence in the energy infrastructure and oil and gas trading businesses within the Indonesian market. Through a network of subsidiaries, PT Mitra Energi Persada Tbk has diversified its operations to encompass a variety of services and products related to the energy sector, including the trading and distribution of both natural and artificial gas, primarily in the South Sumatra region. As a part of its strategy to be a comprehensive provider in the energy market, the company also engages in trading machinery, equipment, and various fuels. Further broadening its portfolio, PT Mitra Energi Persada Tbk ventures into electric power supply installation, electrical operations, power plant management, coal mining, among other related activities. The company serves as a subsidiary of PT Mulya Tara Mandiri, highlighting its important role within a larger corporate ecosystem dedicated to energy and infrastructure projects in Indonesia.

Products and Services

• Natural and Artificial Gas Trading and Distribution:

  PT Mitra Energi Persada Tbk specializes in the trade and distribution of both natural and artificial gas. Leveraging a network of downstream pipelines, the company ensures a steady and reliable supply of gas, mainly catering to the South Sumatra region. This service is pivotal for various industrial, commercial, and domestic applications, underscoring the company's role in supporting regional energy needs.

• Trading in Machinery and Equipment:

  The company extends its expertise to trading a wide array of machinery and equipment. This includes tools and devices essential for the oil and gas industry, energy sector, and other related fields, providing customers with access to high-quality, reliable equipment necessary for their operations.

• Supply of Solid Fuel, Liquid and Gas:

  Alongside gas, PT Mitra Energi Persada Tbk trades in solid and liquid fuels, as well as other gas-related products. This diversification allows the company to cater to a broader spectrum of energy needs, including coal for power plants and liquid fuels for transportation and heating.

• Electric Power Supply and Electrical Operations:

  The company is not only involved in the trading and distribution of energy resources but also offers services related to the installation of electric power supplies and conducts electrical operations. This includes projects to establish and maintain infrastructure necessary for the delivery and consumption of electricity, contributing to the development and reliability of Indonesia's electrical grid.

• Power Plant, Coal Mining, and Related Businesses:

  Expanding beyond distribution and trading, PT Mitra Energi Persada Tbk takes an active role in power plant operations and coal mining ventures. These activities complement their core business operations, allowing them to control more of the supply chain in the energy sector, from fuel extraction to electricity production and distribution.