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PT Golden Energy Mines
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PT Golden Energy Mines (GEMS) is the holding company of 10 coal concessions across approximately 57,000 hectares in Indonesia

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TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Indonesia Jakarta, Indonesia
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Date Investors Type Amount
08/12/2011 GMR Energy GMR Energy (1)
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GMR Energy Ltd. said it plans to buy a 30% stake in Indonesia's PT Golden Energy Mines for $450 million to $550 million in cash, part of Indian companies' hunt for coal from abroad to fuel a growing number of power stations
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