Corporate Tax Rate 25%

Discount Rate 9.1% Nota Dinas EVP PET Nomor: 16042/MNJ.03.02/EVP PET/2021 tanggal 13 April
Kurs (Rp/US$) 14600 Berdasarkan RKAP PLN tahun 2021
Inflation 5% Berdasarkan RKAP PLN tahun 2021
Tariff Escalation 0%
Interest rate 12% Cek ke Bank pemerintah
Loan Tenor 10
Loan Portion 0% Dokumen Kontrak
Equity Portion 100% Dokumen Kontrak
Umur Teknis 40 Berdasarkan PERDIR NOMOR:0040.P/DIR/2016 PERUBAHAN MASA MANFAAT
T/2021 tanggal 13 April 2021 perihal Permintaan Data WACC (Weighted Average Cost of Capital),

AHAN MASA MANFAAT ASET TETAP DAN PERHITUNGAN BIAYA PENYUSUTAN ASET TETAP PT PLN
 nilai PM dengan inflasi
Periodic Maintenance IDR (Juta) 2022
1 IDR (Juta)
8kHrs 8000 486 510
16kHrs 16000 2,434 2,556
24kHrs 24000 4,330 4,547
32kHrs 32000 - -
48kHrs 48000 18,507 19,432
-
-
 2023 2024 2025 2026 2027 2028 2029 2030 2031

536 563 591 620 651 684 718 754 792

2,684 2,818 2,959 3,107 3,262 3,425 3,596 3,776 3,965
4,774 5,013 5,264 5,527 5,803 6,093 6,398 6,718 7,054
- - - - - - - - -
20,404 21,424 22,495 23,620 24,801 26,041 27,343 28,710 30,146
- - - - - - - - -
- - - - - - - - -
 2032 2033 2034 2035 2036 2037 2038 2039 2040

831 873 916 962 1,010 1,061 1,114 1,169 1,228

4,163 4,371 4,590 4,819 5,060 5,313 5,579 5,858 6,151
7,406 7,777 8,166 8,574 9,003 9,453 9,925 10,422 10,943
- - - - - - - - -
31,653 33,236 34,898 36,643 38,475 40,398 42,418 44,539 46,766
- - - - - - - - -
- - - - - - - - -
 2041 2042 2043 2044 2045 2046 2047 2048 2049

1,289 1,354 1,421 1,493 1,567 1,646 1,728 1,814 1,905

6,458 6,781 7,120 7,476 7,850 8,243 8,655 9,087 9,542
11,490 12,064 12,668 13,301 13,966 14,664 15,397 16,167 16,976
- - - - - - - - -
49,105 51,560 54,138 56,845 59,687 62,671 65,805 69,095 72,550
- - - - - - - - -
- - - - - - - - -
 2050 2051 2052

2,000 2,100 2,205

10,019 10,520 11,046
17,824 18,716 19,651
- - -
76,177 79,986 83,985
- - -
- - -
Parameter Satuan Nilai
Daya Mampu MW 6 Nilai Daya Terpasang Pembangkit (DMP)
Hours in a year Hours 8760
Auxiliary % 2.21 Average Jan - Nov 2021
Susut Trafo % 0
Electricity Price Rp/kWh 1097 TP berdasarkan penetapan
Gros Plant Heat Rate Kcal/kWH 2,552
SFC MMBTU/kWH 0.00970 Nilai SFC Average Jan - Nov 2021
Harga Gas IDR/mmbtu 58,400 Harga Gas 2021 $4
JOM IDR(juta) per Month 419.96
EPC + VAT 10% USD Portion -
IDR (Juta) Portion 63,749 Nilai investasi aset berdarkan BS ST AT
Construction Periode Years 1 Masa Konstruksi
IDC IDR (Juta) - 7649.89067196
Total Project Cost IDR (Juta) 63,749
Loan IDR (Juta) -
Equity IDR (Juta) 63,749 15
2019
Years 0 1
Type Of Periodic Maintenance

Capacity Factor % 58%

Production (Bruto) MWh 27,836
Production (Netto) MWh 27,143
Energy Sales MWh 27,143
Fuel Consumption MMBTU 299,470

Initial Project Cost 63,749

Depreciation (Komp A) Rp. (Juta) - -
Principal+Interest Payment -
Replacement Cost Rp. (Juta) -
Residual Value Rp. (Juta) 63,749 63,749
Fuel Cost (Komp C) Rp. (Juta) 17,489
ABOP Cost (Komp B+D) Rp. (Juta) 8,442
Periodic Maintenance Cost Rp. (Juta) -
Nilai Asuransi Tahunan Rp. (Juta)
Nilai Property Tax Rp. (Juta)
Cash Flow
Revenue Komp ABCD Rp. (Juta) 36,087
Revenue Komp A Rp. (Juta) 7,821
Revenue Komp B Rp. (Juta) 9,999
Revenue Komp C Rp. (Juta) 15,851
Revenue Komp D Rp. (Juta) 2,416
EAF % 96%
Checker (EAF - CF) % 39%
Total Expenses (LCC) Rp. (Juta) 25,931
Earning Before Tax (EBT) Rp. (Juta) 10,156
Tax Rp. (Juta) 2,539
Earning After Tax (EAT) Rp. (Juta) 7,617
Total Project Cash Flow (63,749) 7,617
Net Cash Flow (NCF) (63,749) 7,617
Discounted NCF (63,749.09) 6,981
IRR Project 4.53%
NPV (24,626)
Average CF 0.51
Inflasi Per Tahun 1
Inflasi Kumulatif
ya Terpasang Pembangkit (DMP)

Jan - Nov 2021

asarkan penetapan

C Average Jan - Nov 2021

vestasi aset berdarkan BS ST AT

16 17 18 19 20
2020 2021 2022 2023 2024
2 3 4 5 6
16kHrs

48% 47% 51% 51% 51%

25,456 22,484 22,484 22,484 22,484
24,311 21,433 21,433 21,433 21,433
24,311 21,433 21,433 21,433 21,433
269,246 218,086 218,086 218,086 218,086

1,591 1,591 1,591 1,591 1,591

- - - - -
750 11,504 - - -
62,908 72,821 71,231 69,640 68,049
15,724 12,736 12,736 12,736 12,736
15,896 11,821 11,821 11,821 11,821
- 2,434 - - -

35,575 30,654 30,654 30,654 30,654

8,217 6,933 6,933 6,933 6,933
10,505 8,863 8,863 8,863 8,863
14,624 12,893 12,893 12,893 12,893
2,229 1,965 1,965 1,965 1,965
98% 83% 83% 83% 83%
50% 36% 32% 32% 32%
31,620 26,992 24,558 24,558 24,558
2,364 2,072 4,506 4,506 4,506
591 518 1,126 1,126 1,126
1,773 1,554 3,379 3,379 3,379
2,614 (8,360) 4,970 4,970 4,970
2,614 (8,360) 4,970 4,970 4,970
2,196 (6,438) 3,508 3,215 2,947

1.030 1.030 1.030 1.030 1.030

1.030 1.061 1.093 1.126 1.159
21 22 23 24 25 26
2025 2026 2027 2028 2029 2030
7 8 9 10 11 12

51% 51% 51% 51% 51% 51%

22,484 22,484 22,484 22,484 22,484 22,484
21,433 21,433 21,433 21,433 21,433 21,433
21,433 21,433 21,433 21,433 21,433 21,433
218,086 218,086 218,086 218,086 218,086 218,086

1,591 1,591 1,591 1,591 1,591 1,591

- - - - - -
- -
66,459 64,868 63,277 61,687 60,096 58,505
12,736 12,736 12,736 12,736 12,736 12,736
11,821 11,821 11,821 11,821 11,821 11,821
- - - - - -

30,654 30,654 30,654 30,654 30,654 30,654

6,933 6,933 6,933 6,933 6,933 6,933
8,863 8,863 8,863 8,863 8,863 8,863
12,893 12,893 12,893 12,893 12,893 12,893
1,965 1,965 1,965 1,965 1,965 1,965
83% 83% 83% 83% 83% 83%
32% 32% 32% 32% 32% 32%
24,558 24,558 24,558 24,558 24,558 24,558
4,506 4,506 4,506 4,506 4,506 4,506
1,126 1,126 1,126 1,126 1,126 1,126
3,379 3,379 3,379 3,379 3,379 3,379
4,970 4,970 4,970 4,970 4,970 4,970
4,970 4,970 4,970 4,970 4,970 4,970
2,701 2,476 2,269 2,080 1,907 1,748

1.040 1.035 1.035 1.035 1.035 1.035

1.206 1.248 1.292 1.337 1.384 1.432
27 28 29 30 31 32
2031 2032 2033 2034 2035 2036
13 14 15 16 17 18

51% 51% 51% 51% 51% 51%

22,484 22,484 22,484 22,484 22,484 22,484
21,433 21,433 21,433 21,433 21,433 21,433
21,433 21,433 21,433 21,433 21,433 21,433
218,086 218,086 218,086 218,086 218,086 218,086

1,591 1,591 1,591 1,591 1,591 1,591

- - - - - -

56,915 55,324 53,733 52,142 50,552 48,961

12,736 12,736 12,736 12,736 12,736 12,736
11,821 11,821 11,821 11,821 11,821 11,821
- - - - - -

30,654 30,654 30,654 30,654 30,654 30,654

6,933 6,933 6,933 6,933 6,933 6,933
8,863 8,863 8,863 8,863 8,863 8,863
12,893 12,893 12,893 12,893 12,893 12,893
1,965 1,965 1,965 1,965 1,965 1,965
83% 83% 83% 83% 83% 83%
32% 32% 32% 32% 32% 32%
24,558 24,558 24,558 24,558 24,558 24,558
4,506 4,506 4,506 4,506 4,506 4,506
1,126 1,126 1,126 1,126 1,126 1,126
3,379 3,379 3,379 3,379 3,379 3,379
4,970 4,970 4,970 4,970 4,970 4,970
4,970 4,970 4,970 4,970 4,970 4,970
1,602 1,468 1,346 1,234 1,131 1,036

1.035 1.035 1.035 1.035 1.035 1.035

1.482 1.534 1.588 1.643 1.701 1.760
33 34 35 36 37 38
2037 2038 2039 2040 2041 2042
19 20 21 22 23 24

51% 51% 51% 51% 51% 51%

22,484 22,484 22,484 22,484 22,484 22,484
21,433 21,433 21,433 21,433 21,433 21,433
21,433 21,433 21,433 21,433 21,433 21,433
218,086 218,086 218,086 218,086 218,086 218,086

1,591 1,591 1,591 1,591 1,591 1,591

- - - - - -

47,370 45,780 44,189 42,598 41,008 39,417

12,736 12,736 12,736 12,736 12,736 12,736
11,821 11,821 11,821 11,821 11,821 11,821
- - - - - -

30,654 30,654 30,654 30,654 30,654 30,654

6,933 6,933 6,933 6,933 6,933 6,933
8,863 8,863 8,863 8,863 8,863 8,863
12,893 12,893 12,893 12,893 12,893 12,893
1,965 1,965 1,965 1,965 1,965 1,965
83% 83% 83% 83% 83% 83%
32% 32% 32% 32% 32% 32%
24,558 24,558 24,558 24,558 24,558 24,558
4,506 4,506 4,506 4,506 4,506 4,506
1,126 1,126 1,126 1,126 1,126 1,126
3,379 3,379 3,379 3,379 3,379 3,379
4,970 4,970 4,970 4,970 4,970 4,970
4,970 4,970 4,970 4,970 4,970 4,970
950 871 798 731 670 615

1.035 1.035 1.035 1.035 1.035 1.035

1.822 1.886 1.952 2.020 2.091 2.164
39 40 41 42 43 44
2043 2044 2045 2046 2047 2048
25 26 27 28 29 30

51% 51%
22,484 22,484
21,433 21,433
21,433 21,433
218,086 218,086

1,591 1,591
- -

37,826 36,236
12,736 12,736
11,821 11,821
- -

30,654 30,654
6,933 6,933
8,863 8,863
12,893 12,893
1,965 1,965
83% 83%
32% 32%
24,558 24,558
4,506 4,506
1,126 1,126
3,379 3,379
4,970 4,970
4,970 4,970
563 516

1.035 1.035 1.035 1.035 1.035 1.035

2.239 2.318 2.399 2.483 2.570 2.660
45 46 47 48 49 50 51
2049 2050 2051 2052 2053 2054 2055
31 32 33 34 35 36 37
1.035 1.035 1.035 1.035 1.035 1.035 1.035
2.753 2.849 2.949 3.052 3.159 3.270 3.384
52 53 54
2056 2057 2058
38 39 40
1.035 1.035 1.035
3.502 3.625 3.752
Parameter Satuan Nilai
Daya Mampu MW 40 Nilai DMN kapasitas
Hours in a year Hours 8760
Auxiliary % 2.65 Average Jan - Mar 2021
Susut Trafo % 0
Electricity Price Rp/kWh 1054 TP berdasarkan penetapan
Gros Plant Heat Rate Kcal/kWH 2,369
SFC MMBTU/kWH 0.00890 Nilai SFC Average 2020
Harga Gas IDR/mmbtu 56,842 Harga Gas 2021 $4
JOM IDR(juta) per Month -
EPC + VAT 10% USD Portion -
IDR (Juta) Portion 476,405 Nilai investasi aset berdarkan BS ST AT
Construction Periode Years 2 Masa Konstruksi
IDC IDR (Juta) - 114337.30768548
Total Project Cost IDR (Juta) 476,405
Loan IDR (Juta) -
Equity IDR (Juta) 476,405
2014
Years 0 1
Type Of Periodic Maintenance

Capacity Factor % 68%

Production (Bruto) MWh 276,182
Production (Netto) MWh 274,620
Energy Sales MWh 274,620
Fuel Consumption MMBTU 2,401,204

Initial Project Cost 476,405

Depreciation (Komp A) Rp. (Juta) - -
Principal+Interest Payment -
Replacement Cost Rp. (Juta) -
Residual Value Rp. (Juta) 476,405 476,405
Fuel Cost (Komp C) Rp. (Juta) 272,469
ABOP Cost (Komp B+D) Rp. (Juta) 8,442
Periodic Maintenance Cost Rp. (Juta) -
Nilai Asuransi Tahunan Rp. (Juta)
Nilai Property Tax Rp. (Juta)
Cash Flow
Revenue Komp ABCD Rp. (Juta) 364,315
Revenue Komp A Rp. (Juta) 78,781
Revenue Komp B Rp. (Juta) 100,715
Revenue Komp C Rp. (Juta) 160,378
Revenue Komp D Rp. (Juta) 24,441
EAF % 97%
Checker (EAF - CF) % 29%
Total Expenses (LCC) Rp. (Juta) 280,911
Earning Before Tax (EBT) Rp. (Juta) 83,404
Tax Rp. (Juta) 20,851
Earning After Tax (EAT) Rp. (Juta) 62,553
Total Project Cash Flow (476,405) 62,553
Net Cash Flow (NCF) (476,405) 62,553
Discounted NCF (476,405.45) 57,335
IRR Project 23.76%
NPV 965,975
Average CF 1.83
MN kapasitas

Jan - Mar 2021

asarkan penetapan

C Average 2020

vestasi aset berdarkan BS ST AT

2015 2016 2017 2018 2019 2020

2 3 4 5 6 7
HGPI CI

83% 86% 21% 85% 78% 72%

292,510 303,826 75,087 296,866 2,724 252,899
292,274 289,143 67,702 283,360 272,409 246,207
292,274 289,143 67,702 283,360 260,288 240,533
2,573,987 2,579,491 613,171 2,424,014 2,313,822 2,240,732

27,925 84,076 59,259 57,895 43,908 44,464

- - - - - -
750 11,504 - - - -
449,230 376,658 317,400 259,504 215,597 171,133
219,825 223,545 57,884 193,990 185,342 125,528
15,896 11,821 - - - -
- - - - - -
455 301 263 271 419
19 19 19 19 19 19

373,731 375,456 89,710 368,479 351,088 336,851

77,699 79,381 19,376 78,027 73,629 75,120
99,331 101,481 24,771 99,750 94,128 96,034
170,688 168,860 39,538 165,482 159,087 143,785
26,012 25,734 6,025 25,219 24,244 21,912
96% 98% 24% 96% 91% 92%
12% 11% 2% 11% 13% 20%
235,740 235,840 58,203 194,271 185,633 125,965
110,066 55,539 (27,752) 116,312 121,547 166,422
27,517 13,885 - 29,078 30,387 41,605
82,550 41,655 (27,752) 87,234 91,161 124,816
109,725 114,226 31,507 145,129 135,068 169,280
109,725 114,226 31,507 145,129 135,068 169,280
92,184 87,961 22,238 93,893 80,095 92,009
 1 2 3 4 5
2021 2022 2023 2024 2025 2026
8 9 10 11 12 13
MI

21% 501% 501% 501% 501% 501%

74,317 1,756,014 1,756,014 1,756,014 1,756,014 1,756,014
72,166 1,709,546 1,709,546 1,709,546 1,709,546 1,709,546
72,166 1,709,546 1,709,546 1,709,546 1,709,546 1,709,546
698,645 15,621,979 15,621,979 15,621,979 15,621,979 15,621,979

43,184 3,998 3,998 3,998 3,998 3,998

- - - - - -
-
127,949 123,951 119,953 115,954 111,956 107,957
51,345 887,985 887,985 887,985 887,985 887,985
- 148,114 148,114 148,114 148,114 148,114
- - - - - -
553 377 377 377 377 377
19 19 19 19 19 19

126,282 1,316,173 1,311,604 1,319,219 1,325,312 1,310,081

34,109 72,704 70,698 74,041 76,715 70,030
43,605 92,945 90,381 94,654 98,073 89,527
42,145 998,375 998,375 998,375 998,375 998,375
6,423 152,150 152,150 152,150 152,150 152,150
42% 89% 87% 91% 94% 86%
21% -412% -414% -410% -407% -415%
51,917 1,036,494 1,036,494 1,036,494 1,036,494 1,036,494
31,182 275,681 271,111 278,727 284,819 269,588
7,795 68,920 67,778 69,682 71,205 67,397
23,386 206,760 203,333 209,045 213,614 202,191
66,570 210,759 207,332 213,043 217,613 206,189
66,570 210,759 207,332 213,043 217,613 206,189
33,165 96,242 86,780 81,733 76,522 66,458
 6 7 8 9 10 11
2027 2028 2029 2030 2031 2032
14 15 16 17 18 19
CI

24% 18% 18% 31% 183% 183%

82,947 61,571 64,144 107,510 641,199 641,199
80,752 59,942 62,446 104,665 624,232 624,232
80,752 59,942 62,446 104,665 624,232 624,232
737,918 547,752 570,639 956,436 5,704,283 5,704,283

3,998 3,998 3,998 3,998 3,998 3,998

- - - - - -

103,959 99,961 95,962 91,964 87,965 83,967

41,945 31,135 32,436 54,366 324,243 324,243
11,821 11,821 11,821 11,821 54,083 54,083
- - - - - -
377 377 377 377 377 377
19 19 19 19 19 19

229,133 209,036 216,814 222,380 594,895 588,803

76,715 74,041 76,715 66,687 76,715 74,041
98,073 94,654 98,073 85,253 98,073 94,654
47,159 35,006 36,469 61,124 364,551 364,551
7,187 5,335 5,558 9,315 55,557 55,557
94% 91% 94% 82% 94% 91%
71% 73% 76% 51% -89% -92%
54,162 43,353 44,653 66,583 378,722 378,722
170,973 161,685 168,162 151,799 212,175 206,083
42,743 40,421 42,040 37,950 53,044 51,521
128,230 121,264 126,121 113,849 159,131 154,562
132,228 125,262 130,120 117,847 163,130 158,561
132,228 125,262 130,120 117,847 163,130 158,561
39,064 33,919 32,296 26,810 34,016 30,306
 12 13 14 15 16 17
2033 2034 2035 2036 2037 2038
20 21 22 23 24 25
HGPI CI

183% 183% 183% 183% 183% 183%

641,199 641,199 641,199 641,199 641,199 641,199
624,232 624,232 624,232 624,232 624,232 624,232
624,232 624,232 624,232 624,232 624,232 624,232
5,704,283 5,704,283 5,704,283 5,704,283 5,704,283 5,704,283

3,998 3,998 3,998 3,998 3,998 3,998

- - - - - -

79,968 75,970 71,972 67,973 63,975 59,976

324,243 324,243 324,243 324,243 324,243 324,243
54,083 54,083 54,083 54,083 54,083 54,083
- - - - - -
377 377 377 377 377 377
19 19 19 19 19 19

594,895 579,664 594,895 588,803 594,895 572,049

76,715 70,030 76,715 74,041 76,715 66,687
98,073 89,527 98,073 94,654 98,073 85,253
364,551 364,551 364,551 364,551 364,551 364,551
55,557 55,557 55,557 55,557 55,557 55,557
94% 86% 94% 91% 94% 82%
-89% -97% -89% -92% -89% -101%
378,722 378,722 378,722 378,722 378,722 378,722
212,175 196,944 212,175 206,083 212,175 189,329
53,044 49,236 53,044 51,521 53,044 47,332
159,131 147,708 159,131 154,562 159,131 141,996
163,130 151,707 163,130 158,561 163,130 145,995
163,130 151,707 163,130 158,561 163,130 145,995
28,578 24,360 24,010 21,391 20,172 16,547
 18 19 20 21 22 23 24
2039 2040 2041 2042 2043 2044 2045
26 27 28 29 30 31 32
MI CI

183% 183% 183% 183% 183% 183% 183%

641,199 641,199 641,199 641,199 641,199 641,199 641,199
624,232 624,232 624,232 624,232 624,232 624,232 624,232
624,232 624,232 624,232 624,232 624,232 624,232 624,232
5,704,283 5,704,283 5,704,283 5,704,283 5,704,283 5,704,283 5,704,283

3,998 3,998 3,998 3,998 3,998 3,998 3,998

- - - - - - -

55,978 51,979 47,981 43,983 39,984 35,986 31,987

324,243 324,243 324,243 324,243 324,243 324,243 324,243
54,083 54,083 54,083 54,083 54,083 54,083 54,083
- - - - - - -
377 377 377 377 377 377 377
19 19 19 19 19 19 19

594,895 588,803 579,664 594,895 588,803 594,895 572,049

76,715 74,041 70,030 76,715 74,041 76,715 66,687
98,073 94,654 89,527 98,073 94,654 98,073 85,253
364,551 364,551 364,551 364,551 364,551 364,551 364,551
55,557 55,557 55,557 55,557 55,557 55,557 55,557
94% 91% 86% 94% 91% 94% 82%
-89% -92% -97% -89% -92% -89% -101%
378,722 378,722 378,722 378,722 378,722 378,722 378,722
212,175 206,083 196,944 212,175 206,083 212,175 189,329
53,044 51,521 49,236 53,044 51,521 53,044 47,332
159,131 154,562 147,708 159,131 154,562 159,131 141,996
163,130 158,561 151,707 163,130 158,561 163,130 145,995
163,130 158,561 151,707 163,130 158,561 163,130 145,995
16,947 15,098 13,241 13,050 11,627 10,964 8,994
 25 26 27 28 29 30 31
2046 2047 2048 2049 2050 2051 2052
33 34 35 36 37 38 39
HGPI

183% 183% 183% 183% 183% 183% 183%

641,199 641,199 641,199 641,199 641,199 641,199 641,199
624,232 624,232 624,232 624,232 624,232 624,232 624,232
624,232 624,232 624,232 624,232 624,232 624,232 624,232
5,704,283 5,704,283 5,704,283 5,704,283 5,704,283 5,704,283 5,704,283

3,998 3,998 3,998 3,998 3,998 3,998 3,998

- - - - - - -

27,989 23,991 19,992 15,994 11,995 7,997 3,998

324,243 324,243 324,243 324,243 324,243 324,243 324,243
54,083 54,083 54,083 54,083 54,083 54,083 54,083
- - - - - - -
377 377 377 377 377 377 377
19 19 19 19 19 19 19

594,895 588,803 594,895 579,664 594,895 588,803 594,895

76,715 74,041 76,715 70,030 76,715 74,041 76,715
98,073 94,654 98,073 89,527 98,073 94,654 98,073
364,551 364,551 364,551 364,551 364,551 364,551 364,551
55,557 55,557 55,557 55,557 55,557 55,557 55,557
94% 91% 94% 86% 94% 91% 94%
-89% -92% -89% -97% -89% -92% -89%
378,722 378,722 378,722 378,722 378,722 378,722 378,722
212,175 206,083 212,175 196,944 212,175 206,083 212,175
53,044 51,521 53,044 49,236 53,044 51,521 53,044
159,131 154,562 159,131 147,708 159,131 154,562 159,131
163,130 158,561 163,130 151,707 163,130 158,561 163,130
163,130 158,561 163,130 151,707 163,130 158,561 163,130
9,211 8,206 7,739 6,596 6,502 5,792 5,462
 32
2053
40
CI

183%
641,199
624,232
624,232
5,704,283

3,998
-

-
324,243
54,083
-
377
19

588,803
74,041
94,654
364,551
55,557
91%
-92%
378,722
206,083
51,521
154,562
158,561
158,561
4,866
 INVESTASI & AO PLTMG WARTSILA #1 2019 - 2021
(sumber data akuntansi)
No. Tahun Nilai Investasi Nilai Anggaran Operasi 1,000,000
1 2019 - 8,442,082,726 -
2 2020 749,536,915 15,896,048,949 750
3 2021 11,504,198,370 11,821,402,506 11,504
4 2022 - - -
5 -
6 -
7 -
8 -
TOTAL 12,253,735,285 36,159,534,181
 Nilai Periodic di ABOP Persen kenaikan yoy keterangan
8,442
15,896 188.30%
11,821 74.37%
- 0.00%
- #DIV/0!
- #DIV/0!
- #DIV/0!
- #DIV/0!
 DMN EAF (Deklarasi) CF (Proyeksi) Komponen A
No Unit Pembangkit
kW % % Rp/kW-bln
PLTMG WARTSILA #1 4,000 23.69 21.44 169,446.00
Komponen A Komponen B Komponen C Komponen D Total
* Setara Rp/kWh Rp/kW-bln * Setara Rp/kWh ** Rp/kWh Rp/kWh Rp/kWh
259.00 216,621.00 331.00 584.00 89.00 1,263.00
 2014 2015 2016 2017 2018 2019
1 2 3 4 5 6
97% 96% 98% 24% 96% 91%
EAF Per Periode
2034 2035 2036 2037 2038 2039
21 22 23 24 25 26
86% 94% 91% 94% 82% 94%

100

2014 2015 2016 2017 2018 2019

1 2 3 4 5 6
CF Per Periode 68% 83% 86% 21% 85% 78%
DIVSIS 2034 2035 2036 2037 2038 2039
21 22 23 24 25 26
46% 46% 46% 46% 46% 46%

2014 2015 2016 2017 2018 2019

1 2 3 4 5 6
CF Sensitivity 68% 83% 86% 21% 85% 78%
Analysis 2034 2035 2036 2037 2038 2039
21 22 23 24 25 26
183% 183% 183% 183% 183% 183%

ABOP vs CF 2016 2017 2018 2019

ABOP 22477.865 14451.911 22013.563 23827.381
CF 0.8647145 0.2142907 0.8472213 0.7774231
25994.55 25983.252 30649.181

2014 2015 2016 2017 2018 2019

1 2 3 4 5 6

ABOP CF DIVSIS
2034 2035 2036 2037 2038 2039
21 22 23 24 25 26
11,821 11,821 11,821 11,821 11,821 11,821
 2014 2015 2016 2017 2018 2019
1 2 3 4 5 6
ABOP CF
Sensitivity Analysis 2034 2035 2036 2037 2038 2039
21 22 23 24 25 26
54,083 54,083 54,083 54,083 54,083 54,083

1 Year 8760

2014 2015 2016 2017 2018 2019

1 2 3 4 5 6

ABOP CF DIVSIS
2034 2035 2036 2037 2038 2039
21 22 23 24 25 26
100,250 104,318 108,385 112,453 116,521 120,588

2014 2015 2016 2017 2018 2019

1 2 3 4 5 6
ABOP CF
Sensitivity Analysis 2034 2035 2036 2037 2038 2039
21 22 23 24 25 26
339,496 355,526 371,556 387,586 403,616 419,646

2014 2015 2016 2017 2018 2019

1 2 3 4 5 6

ABOP CF DIVSIS
2034 2035 2036 2037 2038 2039
21 22 23 24 25 26
CI

2014 2015 2016 2017 2018 2019

1 2 3 4 5 6
ABOP CF
Sensitivity Analysis 2034 2035 2036 2037 2038 2039
21 22 23 24 25 26
CI
 PLTGU #1 KERAMASAN
2020 2021 2022 2023 2024 2025 2026 2027 2028
7 8 9 10 11 12 13 14 15
92% 42% 89% 87% 91% 94% 86% 94% 91%
2040 2041 2042 2043 2044 2045 2046 2047 2048
27 28 29 30 31 32 33 34 35
91% 86% 94% 91% 94% 82% 94% 91% 94%

PLTGU #1 KERAMASAN
2020 2021 2022 2023 2024 2025 2026 2027 2028
7 8 9 10 11 12 13 14 15
72% 21% 56% 51% 36% 19% 23% 24% 18%
2040 2041 2042 2043 2044 2045 2046 2047 2048
27 28 29 30 31 32 33 34 35
46% 46% 46% 46% 46% 46% 46% 46% 46%
19.18%
PLTGU #1 KERAMASAN
2020 2021 2022 2023 2024 2025 2026 2027 2028
7 8 9 10 11 12 13 14 15
72% 21% 501% 501% 501% 501% 501% 24% 18%
2040 2041 2042 2043 2044 2045 2046 2047 2048
27 28 29 30 31 32 33 34 35
183% 183% 183% 183% 183% 183% 183% 183% 183%

2020 2021 IRR Tahun 2016

25619.094 19756.614 4.53% 11821.403
0.7197718 0.2120909 Adjust Tahun 2016 Average O&M Cost 2014-202
35593.357 29555.085 10165.495 11821.403 6165.495

PLTGU #1 KERAMASAN
2020 2021 2022 2023 2024 2025 2026 2027 2028
7 8 9 10 11 12 13 14 15
11,821 11,821 11,821 11,821 11,821 11,821 11,821
2040 2041 2042 2043 2044 2045 2046 2047 2048
27 28 29 30 31 32 33 34 35
11,821 11,821 11,821 11,821 11,821 11,821 11,821 11,821 11,821

PLTGU #1 KERAMASAN
 2020 2021 2022 2023 2024 2025 2026 2027 2028
7 8 9 10 11 12 13 14 15
148,114 148,114 148,114 148,114 148,114 11,821 11,821
2040 2041 2042 2043 2044 2045 2046 2047 2048
27 28 29 30 31 32 33 34 35
54,083 54,083 54,083 54,083 54,083 54,083 54,083 54,083 54,083

PLTGU #1 KERAMASAN
2020 2021 2022 2023 2024 2025 2026 2027 2028
7 8 9 10 11 12 13 14 15
64,000 68,889 73,330 76,492 78,161 80,143 82,216
2040 2041 2042 2043 2044 2045 2046 2047 2048
27 28 29 30 31 32 33 34 35
124,656 128,724 132,791 136,859 140,927 144,994 149,062 153,130 157,197

PLTGU #1 KERAMASAN
2020 2021 2022 2023 2024 2025 2026 2027 2028
7 8 9 10 11 12 13 14 15
64,000 107,900 151,801 195,701 239,601 283,502 285,575
2040 2041 2042 2043 2044 2045 2046 2047 2048
27 28 29 30 31 32 33 34 35
435,676 451,706 467,736 483,766 499,796 515,826 531,856 547,886 563,916

PLTGU #1 KERAMASAN
2020 2021 2022 2023 2024 2025 2026 2027 2028
7 8 9 10 11 12 13 14 15
MI CI
2040 2041 2042 2043 2044 2045 2046 2047 2048
27 28 29 30 31 32 33 34 35
MI CI

PLTGU #1 KERAMASAN
2020 2021 2022 2023 2024 2025 2026 2027 2028
7 8 9 10 11 12 13 14 15
MI CI
2040 2041 2042 2043 2044 2045 2046 2047 2048
27 28 29 30 31 32 33 34 35
MI CI HGPI
 2029 2030 2031 2032 2033 -> Tahun
16 17 18 19 20 -> Tahun ke-n
94% 82% 94% 91% 94% -> nilai EAF (%)
2049 2050 2051 2052 2053
36 37 38 39 40
86% 94% 91% 94% 91%

2029 2030 2031 2032 2033

16 17 18 19 20
18% 31% 46% 46% 46%
2049 2050 2051 2052 2053
36 37 38 39 40 IRR
46% 46% 46% 46% 46% 4.53%

2029 2030 2031 2032 2033 Adjuster By Limit By TOP

16 17 18 19 20 By Limit By Increase ON
18% 31% 183% 183% 183% 0% 0% 501%
2049 2050 2051 2052 2053 0.26 0.03
36 37 38 39 40 IRR
183% 183% 183% 183% 183% 23.76%

Average O&M Cost 2014-2021 Asumsi minimum biaya har

5655.9076

2029 2030 2031 2032 2033

16 17 18 19 20 1 2 3
11,821 12,674 11,821 11,821 11,821
2049 2050 2051 2052 2053
36 37 38 39 40 21 22 23
11,821 11,821 11,821 11,821 11,821 14362.64 14362.64108 14362.64
 2029 2030 2031 2032 2033
16 17 18 19 20
11,821 11,821 54,083 54,083 54,083
2049 2050 2051 2052 2053
36 37 38 39 40
54,083 54,083 54,083 54,083 54,083

2029 2030 2031 2032 2033 1 16000 CI

16 17 18 19 20 2 32000 HGPI
83,756 85,359 88,047 92,115 96,182 3 48000 CI
2049 2050 2051 2052 2053 4 64000 MI
36 37 38 39 40 5 80000 CI
161,265 165,333 169,400 173,468 177,536 6 96000 HGPI
7 112000 CI
8 128000 MI
2029 2030 2031 2032 2033 9 144000 CI
16 17 18 19 20 10 160000 HGPI
287,115 288,718 291,406 307,436 323,466 11 176000 CI
2049 2050 2051 2052 2053 12 192000 MI
36 37 38 39 40 13 208000 CI
579,946 595,976 612,006 628,036 644,065 14 224000 HGPI
15 240000 CI
16 256000 MI

2029 2030 2031 2032 2033

16 17 18 19 20
HGPI
2049 2050 2051 2052 2053
36 37 38 39 40
HGPI CI

2029 2030 2031 2032 2033

16 17 18 19 20
HGPI
2049 2050 2051 2052 2053
36 37 38 39 40
CI
 4 5 6 7 8 9 10 11 12 13
14362.64 14362.64 13823.72 10207.15 10964.39

24 25 26 27 28 29 30 31 32 33
14362.64 14362.64 14362.64 14362.64 14362.64 14362.64 14362.64 14362.64 14362.64 14362.64
 14 15 16 17 18 19 20
11187.37 9893.199 10048.95 12674.48 14362.64 14362.64 14362.64

34 35 36 37 38 39 40
14362.64 14362.64 14362.64 14362.64 14362.64 14362.64 14362.64
 TOP SFC Pemakaian selain GU KRM #1
BBTUd MMBTU/kWH BBTUd
Medco Energy 18 0.0097 16
Pertamina 7 0.0097 2
Pemakaian GU KRM #1 kWh GU KRM #1 maks GU KRM #1 CF
BBTUd kWh kWh
2 75,257,731.96 52,560,000.00 143.18%
5 188,144,329.90 52,560,000.00 357.96%
501.15%
ON
OFF