Formerly known as PT Central Korporindo Internasional Tbk. The Company was established on 13 September 1999 under the name of PT Central Korporindo Internasional as a general trading company and became a public company on 21 November 2001 by listing its shares on the Jakarta Stock Exchange (now Indonesian Stock Exchange) with the ticker symbol ‘CNKO’. In 2010, the Company’s name was changed into PT Exploitasi Energi Indonesia Tbk.
In 2012, following the Second Rights Issue, CNKO transformed into an integrated coal-based energy company, with current business lines covering coal mining and trading, port services as well as power plant. At the end of 2017, the Company’s subsidiary PT Dwi Guna Laksana Tbk. also listed its shares on the Indonesian Stock Exchange with the ticker code ‘DWGL’.
Since the signing of long-term and mid-term Coal Sales Agreement (PJBB) contracts in 2006, the Company became one of coal suppliers for PT Perusahaan Listrik Negara (PLN) and PT Indonesia Power (IP).
In 2018, the Company signed a spot contract agreement with Berau Coal to ensure continuous supply of raw materials for its operations.