Iran

PROJECT DEVELOPMENTIN HYDRO POWER SECTOR IN INDONESIA

www.bne.co.id

about BNE

BNE is a private company that focused on energy development sector in Indonesia.

Activities of BNE founders have began in the early of 2000. As a legal company, it is establihed in June 2010.

Main activities :

1. Consulting ServicesPresenting Project Study for Energy Development Sector including Detail Engineering Design, Project Monitoring, and EPC support

2. Project Management and SupervisingProject Planning, Management, Supervising especially on Hydro Power Project

3. Project Developer and IPP (Independent Power Producer)Special Purpose Company set up to develop and operate Hydro Power Plant

about BNE

Bangun Nusantara Engineering

BNE Hydro Rekayasa

Alam Daya Makmur

• Engineering services• Consulting• Project Management

Bumi Powerindo

IPP Supplier

Representative ofFlovel Energy - India

Hydro Turbine – GeneratorManufacturer

experiences of BNE

Installation and Comissioning 2 x 600 kW

Installation and Comissioning 2 x 500 kW

Installation and Comissioning 2 x 350 kW

E&M Installation and Comissioning

experiences of BNE

Study and Design

Balla HEPP 2 x 350 kW Tecnical Advisor Rante Balla HEPP 2 x 1.5 MW

experiences of BNE, in field study

Preleminary Study Bonto Batu Small Hydro 2 x 50 MW

FS & DED Orya HEPP 2 x 7 MW , PapuaPreleminary Study Rumuku –I HEPP 3 x 35 MW, SulawesiPreleminary Study Rumuku – 2 HEPP 2 x 4 MW, SulawesiDue Diligent Silau 2 HEPP 2 x 4 MW, North SumateraDue Diligent Karai 1, Karai 7, Tobasa, North Sumatera DED Cilaki HEPP 2 x 3,7 MW, West Java

Project on Going of BNE

FS&DED + Project Management Cibatarua HEPP 2 x 3 MW

1. Green Lahat 2 x 4 MW Review DED and Supervision

2. Cibatarua 2 x 3 MW Engineering & Supervision

3. Segara II, 2 x 3 MW + 1 MW Technical Advisory & Installation

4. Ciasem 2 x 1 MWDED and Soil Investigation

5. Due Diligent Sidikalang 2 x 4 MW

6. Preleminary Study for Aceh HEPP Pidie Jaya (10 MW) Bireun (6 MW) Gayo Luwes ( 120 MW)

Project List of BNE, for investment & IPP

KALAPA NUNGGAL HEPP 2 X 1.5 MW, WEST JAVASUKAMAJU - CILAKI HEPP 2 x 1.5 MW, WEST JAVACIKAWUNG HEPP 2 X 0,75 MW, WEST JAVACIBARENO HEPP 2 X 1 MW, BANTENWARUNG BANTEN HEPP 3 X 1.5 MW, BANTENSUKANDEBI HEPP 2 x 4 MW, NORTH SUMATERACISADEA II 2 x 0.75 MW, WEST JAVATORAJA II 3.5 MW, SOUTH SULAWESITORAJA III 2 x 3.5 MW, SOUTH SULAWESIBIAK HEPP 2 x 1.5 MW, PAPUAMALINO HEPP 1 MW , SOUTH SULAWESILAMPUNG I ( 2 x 1.25 MW), LAMPUNGLAMPUNG II ( 2 x 0.5 MW), LAMPUNGLAMPUNG III (2 x 0.75 MW), LAMPUNG

• HYDRO POWER PROJECT PROSPECT

2013 - 2015

• SUKANDEBI 2 x 4 MW

• Project Investment : USD 19 Millions• Debt to Equity Ratio : 70% : 30%• Interest Rate : 12%• Plant Factor : 74%• Grace Periods : 2 years• Loan Periods : 6 years + 2 grace periods• Depreciation : 30 years• Net Present Value : USD 5.1 Millions• Internal Rate of Return : 16.21%• Benefit Cost Ratio : 1.26• Payback Periods : 5,5 years• Return on Investment : 14.3 %• Return on Equity : 35.74%

• CIBARENO HEPP 2 x 1.2 MW

• Project Investment : USD 6 Millions• Debt to Equity Ratio : 70% : 30%• Interest Rate : 12%• Grace Periods : 2 years• Loan Periods : 6 years + 2 grace periods• Depreciation : 30 years• Net Present Value : USD 1 Millions• Internal Rate of Return : 14.23%• Benefit Cost Ratio : 1.16• Payback Periods : 6,4 years

• KALAPA NUNGGAL HEPP 2 x 1.5 MW

• Project Investment : USD 5.6 Millions• Debt to Equity Ratio : 70% : 30%• Interest Rate : 12%• Grace Periods : 2 years• Loan Periods : 6 years + 2 grace periods• Depreciation : 30 years• Net Present Value : USD 2.9 Millions• Internal Rate of Return : 18.65%• Benefit Cost Ratio : 1.48• Payback Periods : 5 years

• CISADEA II HEPP 2 x 0.75 MW

• Project Investment : USD 2.6 Millions• Debt to Equity Ratio : 70% : 30%• Interest Rate : 12%• Grace Periods : 2 years• Loan Periods : 6 years + 2 grace periods• Depreciation : 30 years• Net Present Value : USD 0.6 Millions• Internal Rate of Return : 17.43%• Benefit Cost Ratio : 1.4• Payback Periods : 6 years

• PROJECT INVESTMENT PROFILE

• Average Project Investment : USD 2 Millions/MW• Debt to Equity Ratio : 70% : 30%• Interest Rate : 12%• Grace Periods : 2 years• Loan Periods : 6 years + 2 grace periods• Depreciation : 30 years• Internal Rate of Return : 15% – 19%%• Payback Periods : 6 years• Power Purchase Agreement : 15 years fixed rate

second 15 years adjustment price• Project Status : Built Operate and Owned

• PROJECT INVESTMENT TARGET

2013 - 2015 2015 - 2017 2017 - 2020

TOTAL 20 MW

INVESTMENTUSD 40 Millions

TOTAL 30 MW

INVESTMENTUSD 60 Millions

TOTAL 30 MW

INVESTMENTUSD 60 Millions