MUAROJAMBI BIOMAS POWER PLANT

August 5, 2010

Huge resources !

Why EFB / palm shell?

8.2m TON

X TON X TON

The BACKGROUND

2

65.5m TON 13.6m TON8.2m TON

Continous supply Easy to collect Good calorific value Can be fermented EFB currently has no value

CPO Mass Balance

3

CPO Waste Potential in JAMBI

4

Biomass Potential in JAMBI

No POM Unit Capacity FFB Biomass (T/Month) RemarksEFB Shell Fiber

BSP (T/H) (T/M)*** 21% 6% 16% (/FFB ratio)*1 SNP 1 30 10,028 2,106 602 1,604 actual2 EMAL 1 60 12,367 2,597 742 1,979 actual3 AGW 1 60 18,700 3,927 1,122 2,992 actual4 DOMAS 1 1 60 28,500 5,985 1,710 4,560 estimate5 DOMAS 2 1 60 28,500 5,985 1,710 4,560 estimate

Sub Total 5 270 98,095 20,600 5,886 15,695 KAB.JAMBI**

1 BTG HARI 3 145 72,500 15,225 4,350 11,600 estimate2 MUARO JAMBI 10 405 202,500 42,525 12,150 32,400 estimate3 BUNGO 4 135 67,500 14,175 4,050 10,800 estimate4 SAROLANGUN 1 57 28,500 5,985 1,710 4,560 estimate5 MERANGIN 5 215 107,500 22,575 6,450 17,200 estimate6 TANJAB BARAT 6 254 127,000 26,670 7,620 20,320 estimate7 TEBO 4 150 75,000 15,750 4,500 12,000 estimate

Sub Total 33 1361 680,500 142,905 40,830 108,880 TOTAL 38 1631 778,595 163,505 46,716 124,575

*) source: Indonesian Oil Palm Research Institute (IOPRI)

**) source: dari website pemerintah propinsi Jambi

***) t/h x 20 hr ops ops x 25 working days

Project name Biomass Power PlantLocation Sungai Gelam, Kab Muaro Jambi, Jambi

ProvinceFuel/feedstock Empty Fruit Bunch (EFB) + shellCapacity Up to 10 MWDistance to PLN Grid Up to 8 kmDistance to Mill Less than 10 kmOff Taker PLN S2JBIndicative price Rp. 787.2 /kWhArea 5 Ha

The PROJECT

5

6Confirmed supply from: Agrowiyana - Sarolangun Sumbertama Nusa Pertiwi -

Muarojambi Eramitra Agro Lestari

Tanjung Jabung Barat

Those mills under BSP group

The LOCATION

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POM 3Tanjung jabung barat

POM 2Pauh Sorolangun

POM 1Kumpeh, muarojambi

Jambi Town

Location Matrix

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Nama Lokasi

Uraian satuan

Nama Gardu Hubung / Gardu Induk GH Sei Gelam GH Sei Gelam GH Sei Gelam GI Aur Duri

Jarak plant ke GH atau GI km +/- 4 +/- 3 +/- 121) +/- 3

Laluan Jaring 20kVTepi Jalan dan cenderung bebas dari pepohonan

Tepi Jalan dan cenderung bebas dari pepohonan

Tepi Jalan dan cenderung tidak bebas dari pepohonan

Tepi Jalan dan cenderung bebas dari pepohonan

Jarak ke PKS sumber km +/- 18 +/- 17 +/- 5 +/- 46

Jarak plant ke Sumber air meter +/- 200 +/- 50 +/- 100 +/- 50

Nama Sumber airPertemuan Sungai Toman & Sungai Air Merah

Sungai Air Merah Sungai Parit (anak Sungai Kumpeh)Rawa bantaran Sungai Batanghari

Kondisi Aliran sepanjang tahun Tidak pernah kering2) Tidak pernah kering2) Tidak pernah kering2) Tidak pernah kering2)

Kondisi Kualitas air

pH 5,59 5,52 3,86 6,34

Turbidity NTU 7,53 11,00 12,80 88,00

Conductivity s/cm 16,00 17,00 73,00 41,00

Kandungan Amonia mg/ltr

Alternative Location

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Alternatif Lokasi

Sei Gelam1 & 2

Altenatif Lokasi

Desa Parit

Alternatif Lokasi

Aur Duri

Alternatif Lokasi

Sei Gelam1 & 2

Altenatif Lokasi

Desa Parit

Alternatif Lokasi

Aur Duri

Factors to be considered:

Distance to mills Distance to grid Water availibility

Distances from PLANT

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GH PLTD GasSei Gelam

dariGH The Hok

Ke Desa Tangkit

Ke DesaPetaling

Titik PencabanganSei Gelam

Alternatif 2 LokasiPLTBS Sei Gelam

+/- 0,8 km

+/-2

km

+/- 2 km

Alternatif 1 LokasiPLTBS Sei Gelam

+/-1

km

GH PLTD GasSei Gelam

dariGH The Hok

Ke Desa Tangkit

Ke DesaPetaling

Titik PencabanganSei Gelam

Alternatif 2 LokasiPLTBS Sei Gelam

+/- 0,8 km

+/-2

km

+/- 2 km

Alternatif 1 LokasiPLTBS Sei Gelam

+/-1

km

Common Scheme of PLTBS

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Deskripsi singkatan basis analisis satuan TBK Press Cangkang

Total Moisture TM ar % wgt 52,23 3,97Inherent Moisture IM adb % wgt 4,72 5,45Ash A adb % wgt 4,73 7,54Volatile Matter VM adb % wgt 75,89 69,58Fixed Carbon FC adb % wgt 14,66 17,43Sulphur S adb % wgt 0,12 0,08Gross Calorific Value GCV adb kcal/kg 5334,0 4500,0Calorific Value CV daf kcal/kg 5891,0 5172,0Carbon C adb % wgt 52,80 48,10Hydrogen H adb % wgt 7,05 5,36Nitrogen N adb % wgt 0,82 0,53Oxygen O adb % wgt 29,77 32,96

Proximate & Ultimate Analysis

Deskripsi satuan TBK Press Cangkang

SiO2 % 35,30 72,30Al2O3 % 1,78 7,95Fe2O3 % 12,60 10,10MgO % 4,79 0,59CaO % 5,65 1,46Na2O % 1,06 0,14MnO % 0,25 0,05TiO2 % 0,25 0,41P2O5 % 4,10 0,82SO3 % 2,73 0,34K2O % 24,20 2,08

Ash Composition

Mills vs Biomass Steam Power Plant

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50,000

100,000

150,000

200,000

250,000

300,000

350,000

400,000

450,000

500,000

30 ton 60 ton 90 ton

EFB Shell PLTBS 5MW PLTBS 7Mw

(mill

ion

kca

l)

KOMPOFERM Technology

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Raw material FermentedMethane

GasElectricity

EFB Biogas Yield

15

Kompoferm Process

16

Financial Analysis &Comparision

PLTBS 5MW PLTBS 7MW Kompoferm

Installed Capacity 5.5MW 8.2MW 10MW

Technology Steam boiler Steam boiler Fermentation

Feedstock EFB + shell EFB + shell EFB

Investment 7,371,703 11,867,808 15,989,130

Debt to Equity ratio 30:70 30:70 30:70

Project life 20 years 20 years 20 years

IRR project 15.70% 14.56% 16.45%

Payback period 4.92 year 5.33 year 5.86 year

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More clean, no air pollutant Easy to handle No shell used Easy to expand

SCHEDULE

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Start Finish Duration 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26

1 Site Reconnaissance 1

2 Preparation of Project Summary or Pre FS for applying permit 1 2 2

3 Obtaining approval for IPP on this area 2 3 2

4 Prepare Proposal to be submitted to PLN WS2JB 4 5 2

5 Proposal Submit 5

6 Presentation PLN WS2JB upon agreement of proposal 6 6 1

7 Negotiation with PLN WS2JB for proposed Generated Power Tariff 7 8 2

8 Issuence of Head of Agreement by WS2JB 8

9 Prepare Full FS and Environmental assesment and other related study 4 8 5

13 Preparation of PPA (Power Purchase Agreement) 8 9 2

14 Signing PPA 9

15 Project Effective Date 9

16 Design & Proposal 9 12 4

17 Contraction Work 9 24 16

18 Pillig & Foundation 9 14 6

19 Steam Blow Out 20

20 First Steam Admission 22

21 1st Synchronising 22

22 Commisioning 24 26 2

23 COD 26

No Activities Period, month

thank you.

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Mega Plaza, 12th floorJl. HR. Rasuna Said Kav.C-1Jakarta SelatanP. 021 521 2966F. 021 521 2967

Yayan Cahyana - yayan@ice.co.id Zenal Mutakin zenal@ice.co.id

Slide Number 1The BACKGROUNDCPO Mass BalanceCPO Waste Potential in JAMBIThe PROJECTSlide Number 6The LOCATIONLocation MatrixAlternative LocationDistances from PLANTCommon Scheme of PLTBSSlide Number 12Mills vs Biomass Steam Power PlantKOMPOFERM TechnologyEFB Biogas YieldKompoferm ProcessFinancial Analysis &ComparisionSCHEDULESlide Number 19