our story

introduction

RIQBA GROUP has been strategically established and is in prime position to bridge the current gap in coal supply into Pakistan from Indonesia. With a wealth of experience, its core team have decades of proficiency in the coal mining and trading industry. In 2024, Riqba Group, together with its strategic partners in Indonesia is well placed to intensify its trading and mining activities in Indonesia and translate it into excellent import results in the Pakistan market. Riqba Group is one of the fastest growing coal mining and trading companies and our focus in the company is to secure long lasting relationships across the board; from miners and traders in Indonesia to major coal importers and consumers in Pakistan.

Riqba Group Fundamental Values

1. Safety

Our first priority in the workplace is to protect the health and well-being of all our people. We take a proactive approach to health and safety; our goal is continuous improvement in the prevention of occupational injuries.

2. Enterpreneuralism

Our approach fosters the highest level of professionalism, personal ownership and entrepreneurial spirit on all our people while never compromising on their safety and well-being. This is important to all our success and superior returns to aim to achieve for all our stake holders.

3. Responsibility

We aim to achieve our coal supply deliverables efficiently as a path to industry-leading returns, while maintaining a clear focus on excellence, quality, sustainability and continuous improvement in everything we do.

4. Transparency

We value open relationships and communication based on integrity, co- operation, transparency and mutual benefit. In this way, our people, our customers, our suppliers, our buyers and the wider market as a whole can feel the benefit in having a company such as Riqba Group operating well in the coal market.

unique selling points

Firstly, RIQBA GROUP employs a novel approach to coal trading. Our key differentiator compared to other traders is our “Boots on the Ground” philosophy which has served us well. We maintain a round the clock presence in all our coal sourcing mines and monitor the whole scope of transaction from Mine to Mother Vessel and onwards delivery to plants.

Secondly, RIQBA GROUP also prides itself on its technical capacity to execute every step of the process from Contract to Delivery in a timely and prompt manner.
The Process from Survey, to Contract, to Transportation and Delivery to End Buyer/User typically takes between 30-45 Days.
Finally, and most importantly, RIQBA GROUP has built-up long-standing relationships with several large institutional mines and contractors specifically in Pakistan, South Africa, and Indonesia. These mines are renowned in the market for producing low GCV, middle GCV, high GCV coal. Some of the mines which RIQBA GROUP has relationships with are as follows:

  • PT. BUMI BORNEO INTI / INDONESIA
  • VIREMA IMPEX / INDONESIA
  • TARANJOT RESOURCES PVT LTD / INDONESIA

About PAKISTAN and meeting its Coal Needs

Pakistan has many thermal power plants and most of them are operated on coal. Sahiwal, Port Qasim, and China Hub Power each of 1,320 MW capacity. While 660MW Egro PowerGen. Each of the imported coal-based power plants has its capacity amounting to 12mtpa

In addition to this, there are a large number of Cement Plants, Steel and Textile Mills in Pakistan that are heavily reliant on imported coal.

Our Mission

We are dedicated to being a market-driven global leader in the coal industry and to creating superior long-term shareholder value. In pursuit of these objectives, we will:

  • Conduct our business with integrity
  • Embrace technology and innovation in everything we do
  • Work with customers to develop new and better services which add value to both parties
  • Faster and motivating work environment
  • Operate safe, low cost mines
  • Act as responsible care takers of the land, utilizing our resources effectively and efficiently

Corporate Value

  • Responsibility
  • Commitment to safe environment
  • Quality and delivery
  • Effective mine management
  • Reliable mine engineering
  • Synergy

our certifications