Jakarta, 9 January 2018

Kirana D. Sastrawijaya (UMBRA’s Senior Partner) presented in Project Nusantara IPP Project Investor Presentation to discuss PPA key terms, the shareholders agreement term sheet and the coal supply agreement term sheet, as well as the key bankability aspects of the IPP projects under the Project Nusantara.

Project Nusantara’s investor presentation was held as a part of the Request for Proposal (RFP) that was issued by PT Pembangkitan Jawa-Bali (PJB) and PT Indonesia Power (IP) for the partners selection of PJB and IP to support them carrying out the assignment from PT PLN (Persero) to develop mine mouth power plants in Kalimantan.

Project Nusantara is the pioneer and fast track mine mouth IPP development and brings a coordinated approach across PLN group from the headquarter, subsidiary companies (IP and PJB), coal procurement arm (PLN BB) and investors to facilitate seamless execution of mine mouth IPP project within the regulatory and ministry guidance. Project Nusantara is a part of PLN’s continuous engagement process with private investors to further enhance approach to development of Indonesia IPP projects.