JAMBI 600MW X 2 CFSPP 1,200MW

JAMBI 600MW X 2 CFSPP 1,200MW

20-Mar-2016

PNO.1312_10

• Project Owner: PT. BGI CONSORTIUM

• Plant Type & Size : COAL FIRED POWER PLANT (600MW x 2)

• Processing Method: IPP Mine mouth

• Facility Location: Jambi, Indonesia

• Business Permit: Confirmed after nomination

• Purchase Price & Contract: To continue when SPC is established

• Raw material Supply Contract: Completed supply contract

• B.P, E/S, F/S: Pre-F/S completed

Project description:

With the presidential decree to increase the electricity, the project is to build 2 coal power plant facilities of 600MW in Jambi, Indonesia. The Mine Mouth Plant project is directly approved by the President where bidding is just for an appearance and the nomination is already completed. Currently the project owner’s status is Open tender, but private contract with PNL is completed. Also, coal supply with mining company already has been contracted and the location of the facility has been decided to be built on where the mining company is located. The project cost is estimated at USD 1.6 billion.

Proposal:

The Company is looking for equity participating companies before its nomination. It is looking for Co-Developer. The information regarding the nomination will be announced by the government near future.

Key Facts:

• Pre-F/S completed

• PT.BGI is Co-Developer with the landowner

• The landowner completed contract with its investment in kind and coal supply contract

• Processing Method is IPP (Open Tender)

• Plans to select EPC

• Project owner wants Co-Developer to participate as a SI (equity 30%)

• Sole GP and/or Co-GP may be arrange

• Obtained LOI from ANZ (Australia bank), Hana Bank, and KB Asset Management

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