Geothermal Exploration and Energy Conversion Agreement

GEECA: Exploration Reimbursement
GEECA
Scheme Key Features

The Strategic Partner (“SP”), through the SPC, bears the exploration risks and costs as stipulated in GEECA, thereby minimizing PLN’s initial exposure.

The reimbursement of exploration costs shall be carried out within two years after the FS is declared feasible and prior to the commencement of the EPC phase. PLN shall participate in the SPC upon successful confirmation of the exploration stage on a 51:49 ownership structure based on book value.

The Pre-Acquisition SPC shall be responsible for upstream development and financing, while the Post-Acquisition SPC shall be responsible for downstream development and financing.

GEECA: Steam Lifting Fee
GEECA
Scheme Key Features

PLN will pay GEECA Steam Lifting Fee (“SLF”) that includes reimbursement of costs incurred for upstream activities, such as exploration, development, and upstream O&M, together with an agreed margin for the partner.

The GEECA SLF shall be payable in accordance with the contract term of 25 years.

PLN is responsible for downstream development and O&M, while the SP is responsible for upstream development and O&M.

No WKP Pembangkit Unit Pengembang Deskripsi Kontrak Kapasitas
1 Adum PLTP Adum Adum (30.00 MW) Proyek potensial GEECA - Adum 30 MW
2 Atadei PLTP Atadei Atadei #1 (5.00 MW)
Atadei #2 (5.00 MW)
PT PLN (Persero) Proyek Pengembangan Wilayah Kerja Panas Bumi PT PLN (Persero) untuk Wilayah Kerja Panas Bumi Atadei (10 MW) 10 MW
3 Bittuang PLTP Bittuang Bittuang (75.00 MW) Proyek potensial GEECA - Bittuang 75 MW
4 Bonjol PLTP Bonjol Bonjol #1 (30.00 MW)
Bonjol #2 (30.00 MW)
kontrak #1 0 MW
5 Cubadak PLTP Cubadak Cubadak #1 (66.00 MW) 0 MW
6 Danau Ranau PLTP Danau Ranau Danau Ranau #1 (20.00 MW) kontrak #1 0 MW
7 Guci PLTP Guci Guci (20 MW) (20.00 MW) kontrak #1 0 MW
8 Gunung Ciremai PLTP Gunung Ciremai Gunung Ciremai (25 MW) (25.00 MW) kontrak #1 0 MW
9 Gunung Endut PLTP Gunung Endut Gunung Endut (35 MW) (35.00 MW) kontrak #1 0 MW
10 Gunung Galunggung PLTP Gunung Galunggung Gunung Galunggung #1 (55 MW) (55.00 MW)
Gunung Galunggung #2 (55 MW) (55.00 MW)
kontrak #1 0 MW
11 Gunung Lawu PLTP Gunung Lawu Gunung Lawu (55 MW) (55.00 MW) kontrak #1 0 MW
12 Gunung Pandan PLTP Gunung Pandan Gunung Pandan (60 MW) (60.00 MW) kontrak #1 0 MW
13 Gunung Sirung PLTP Gunung Sirung Gunung Sirung (5.00 MW) PT PLN (Persero) kontrak #1 0 MW
14 Gunung Wilis PLTP Gunung Wilis Gunung Wilis #1 (20 MW) (20.00 MW)
Gunung Wilis #2 (20 MW) (20.00 MW)
kontrak #1 0 MW
15 Jenawi PLTP Jenawi Jenawi (195.00 MW) Proyek potensial GEECA - Jenawi 195 MW
16 Kadidia PLTP Kadidia Kadidia (66.00 MW) Proyek potensial GEECA - Kadidia 66 MW
17 Kepahiang PLTP Kepahiang Kepahiang #1 (55.00 MW)
Kepahiang #2 (55.00 MW)
PT PLN (Persero) kontrak #1 0 MW
18 Koto Sani Tanjung Bingkung PLTP Koto Sani Tanjung Bingkung Koto Sani Tanjung Bingkung (40 MW) (40.00 MW) kontrak #1 0 MW
19 Lainea PLTP Lainea Lainea (20.00 MW) Proyek potensial GEECA - Lainea 20 MW
20 Lawang Malintang PLTP Lawang Malintang Lawang Malintang (20 MW) (20.00 MW) kontrak #1 0 MW
21 Lokop PLTP Lokop Lokop (41.00 MW) Proyek potensial GEECA - Lokop 41 MW
22 Lumut Balai PLTP Lumut Balai Lumut Balai Low Pressure (20.00 MW) PT Pertamina Geothermal Energy kontrak #3 0 MW
23 Maranda Kawande PLTP Maranda Kawande Maranda Kawande (46.00 MW) Proyek potensial GEECA - Maranda Kawande 46 MW
24 Oka Ile Ange PLTP Oka Ile Ange Oka Ile Ange (10.00 MW) PT PLN (Persero) kontrak #1 0 MW
25 Panti PLTP Panti Panti (131.00 MW) Proyek potensial GEECA - Panti 131 MW
26 Papandayan PLTP Papandayan Papandayan (20 MW) (20.00 MW) kontrak #1 0 MW
27 Pincurak PLTP Pincurak Pincurak (50.00 MW) Proyek potensial GEECA - Pincurak 50 MW
28 Rawadano PLTP Rawadano Rawadano #1 (30.00 MW)
Rawadano #2 (80.00 MW)
PT Sintesa Banten Geothermal kontrak #1 110 MW
29 Sembalun PLTP Sembalun Sembalun (10 MW) (10.00 MW) kontrak #1 0 MW
30 Songa Wayaua PLTP Songa Wayaua Songa Wayaua #1 (5.00 MW)
Songa Wayaua #2 (5.00 MW)
PT PLN (Persero) PROYEK PENGEMBANGAN WILAYAH KERJA PANAS BUMI PT PLN (PERSERO) UNTUK WILAYAH KERJA PANAS BUMI SONGA WAYAUA 10 MW
31 Songgoriti PLTP Songgoriti Songgoriti (55 MW) (55.00 MW) kontrak #1 0 MW
32 Srirejo PLTP Srirejo Srirejo (40.00 MW) Proyek potensial GEECA - Srirejo 40 MW
33 Tampomas PLTP Tampomas Tampomas (30 MW) (30.00 MW) kontrak #1 0 MW
34 Tangkuban Perahu PLTP Tangkuban Perahu Tangkuban Perahu #1 (20.00 MW)
Tangkuban Perahu #2 (20.00 MW)
PT PLN (Persero) kontrak #1 0 MW
35 Tanjung Sakti PLTP Tanjung Sakti Tanjung Sakti (20 MW) (20.00 MW) kontrak #1 0 MW
36 Tulehu PLTP Tulehu Tulehu #1 (10.00 MW)
Tulehu #2 (10.00 MW)
PT PLN (Persero) kontrak #1 0 MW
37 Ulumbu PLTP Ulumbu Ulumbu #6 (20.00 MW) PT PLN (Persero) kontrak #2 20 MW
38 Ungaran PLTP Ungaran Ungaran (55.00 MW) PT PLN (Persero) 0 MW
39 Way Ratai PLTP Way Ratai Way Ratai (55 MW) (55.00 MW) PT Cahaya Anagata Energy Way Ratai 55 MW