byPT. PLN Geothermal

forEnergy Business Forum of the 38th Meeting

of the APEC Working Group(Bali, November 17, 2009)

1

About PT. PLN Geothermal (PLN-G)

PLN-G is a subsidiary company of PT. PLN (Persero), a state-owned power company in Indonesia.

PLN-G was legally established on April 6, 2008 for aiming at supporting the power development business in Indonesia through the program of geothermal energy development .

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The Geothermal Power Business in Indonesia1. Indonesia presents a unique geothermal power value chain2. Incumbents operate at various points in this value chain3. Terminology:

a. Brownfield: A field that has had its geothermal resources tested sufficiently for development to proceed

b. Greenfield: Any field that has not yet been tested.c. Legacy WKP: WKP belonging to PGE and PLN governed by Keppres 45/1991. Includes

elements 4 through 9 of value chain.d. New WKP: WKP offered under Law 27/2003. Includes elements 1 through 9 of value

chain

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7. Power Plant Construction

8. Power Station O&M

1. Opportunity Identifica- tion

2. Preliminary Resource Assessment

3. WKP Proposal Preparation

4. Exploration

5. Feasibility Study& PPA Negotiation

6. Field Develop- ment

PLN-G (near-term)

9. Field O&M

Geothermal Power Value Chain

Greenfield

Brownfield

PLN-G (long-term)

Opportunities for PLN-G

4

760 MW total (1,5,6)

40.5 MW total (1,5,6,8)

493 MW total (1)

430 MW total (1,5)

~1,800 MW total (1,5,6,8)

Near term (Captive) Long term (Competitive)

2009 2010 2011 2012 2013 2014

Up to 1,800 MW

40.5 MW

430 MW

493 MW

760 MW

Fit & Schedule: Business Line Staging

52015 2016

* If regulatory environment improves

Opportunities for Partnership (Near-term)

6

Opportunities for Partnership (Long-term)

7

Key Notes

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9Jl. Wijaya I No. 61, Kebayoran Baru, Jakarta 12170, Indonesia. http://www.plngeo.com