HYDROPOWER

BULETTIN

MONTHLY REPORT

Jl Amil Gedung No 7, Warung Buncit, Jakarta Selatan 12740, Telp 021- 7990218, Fax 021-7985164, 021-7981007 Websites : www.indonesiahydropower.com, Email : info@indonesiahydropower.com

March 2007

Preface
This Bulletin as monthly report includes a description and the status of our hydropower programs. All statements in this publication concerning project features and financial highlights are subject to change without notice. They are not to be regarded as offers to contract, but this shall be useful for preliminary information. The Hydropower Group has identified at least 133 potentials of hydropower especially run off river type in Sulawesi and Sumatera and has been surveying at least 8 potentials since January 2007. The management has set the goal for the group to obtain new 20 projects in 2007. The scope of the above work includes: 1. 2. 3. 4. 5. 6. 7. 8. Conducting survey of the prospect hydro energy (reconnaissance). Preparing feasibility study. Preparing environmental impact assessment document. Obtaining Principal Permit from Head of Regency in the regional concerned. Obtaining MoU with prospect users. Obtaining Permit of Electricity Utilization for Public (IUKU) from Government. Obtaining Head of Agreement (HoA) and Power Purchase Agreement (PPA) from prospect users. Assist the Management to obtain financial supports from Banks and other financial institution for the projects.

To implement the above duties, the group has employed 16 persons from different disciplines (civil/construction engineers, estimators, hydrologist, geologist, mechanical/electrical engineers, geodetic, financial analyst, and administration supports).

Director

DIRECTOR Heru Husaini, PROJECT FEATURES Iman Naluri, Sumawoto, Dhani Irwanto, Hariati Oktiviana, Yayat Hendrayana, Oke Arifin, Imam Slamet Riyadi Ruslan Soleh, Kaswanto, Wagimin, Irma Suriani, Drajad, Asmar Surgawi, Ardy Mardiansyah, FINANCIAL ANALYST Dafirman, ADMINISTRATOR Melligen, SUPPORT Yusup, Hakim, Dwi, ARTS & DESIGN Kas, Dindy

PAMONA HYDROPOWER PROJECT

Project Features
Name of Hydropower Location Pamona-2 Poso River, Sulewana Village, North Pamona District, Poso Regency, Central of Sulawesi Province Head 150 Metre Averaged Annual Flow 130 m3/sec Dependable Flow 129 m3/sec Averaged Power Production 1.011 GWh/Year Waterway Open channel; 108 x 30 x 5 m Penstock Steel Pipe 3.05 OD x 4 x 786 m Power House Semi Underground Turbine 4 x 65 MW/Francis/Vertical Shaft/250 rpm Generator 4 x 72.2 MVA/11 kV/50 Hz Rated Capacity 4 x 66.66 MW Progress On going Commercial Operation Date End of 2008

Projected Financial Highlights

Proposed Tariff Revenue per Year Investment Costs Interest During const Total Cost of Project Loan (65%) Equity (35%) Grace Period Loan Period Repayment Period Interest Rate IRR NPV Payback Ratio ROE Project Life Time Exchange Rate Status of Formalities 5.88 cent USD/kWh or Rp 540.96/kWh USD 59,481,847 or Rp 547,232,994,000 USD 136,897,848 or Rp 1,259,460,205,000 USD 18,158,350 or Rp 167,056,817,000 USD 155,056.198 or Rp 1,426,517,022,000 USD 100,786,529 or Rp. 927,236,064,000 USD 54,269,669 or Rp. 499,280,958,000 2 Years or 2 Tahun 7 Years or 7 Tahun 5 Years or 5 Tahun 14 % 26.05 % USD 80,432,206 or Rp. 739,976,291,000 3 Years and 8 tmonths 32,25 % 30 Years Rp 9200 /USD Principal Permit, UPL-UKL, IUKU, PMDN, FS, HOA

Contact
Owner Address Phone/Fax Website Email Contact Person PT Poso Energy Jl Amil No Gedung No 7, Wr. Buncit, Jakarta 12740 021-7990218/021-7985164 www.indonesiahydropower.com info@indonesiahydropower.com Director

Pamona HEPP Kabupaten Poso, Sulawesi Tengah INDONESIA

KERINCI HYDROPOWER PROJECTS

Project Features
Name Of Hydropower Location Head Averaged Annual Flow Dependable Flow Averaged Power Production Waterway Penstock Power House Turbine Generator Rated Capacity Progress Kerinci 1 Merangin River, Kerinci Regency, Jambi Province 191.31 metre 59.3 m3/sec 55.4 m3/sec 596 GWh/Year Tunnel; Dia 4.7 m, Length ; 3300 m Open channel; trapesium, bottom width 5.1m Height 4.00 m, Length 3200 m Steel pipe; 300 m length Semi Underground 3 x 30 MW 3 x 33.33 KVA 3 x 30 MW On going Kerinci 2 Merangin River, Kerinci Regency, Jambi Province 183.04 metre 59.3 m3/s 55.4 m3/sec 566 GWh/Year Open channel; trapesium, bottom width 5.1m Height 4.00 m, Length 5200m Steel pipe; 380 m length Semi Underground 3 x 30 MW 3 x 33.33 KVA 3 x 30 MW On going

Projected Financial Highlights

Proposed Tariff Revenue per Year Investment Costs Interest During costs Total Cost of Project Loan (65%) Equity (35%) Grace Period Load Period Repayment Period Interest Rate IRR NPV Payback Ratio ROE Project Life Time Exchange Rate Status of Formalities 5.50 cent USD/kWh or Rp 506,00/kWh USD 63,135,072 or Rp 580,842,662,000 USD 171,623,100 or Rp 1,578,932,520,000 USD 16,226,128 or Rp 149,280,376,000 USD 187,849,228 or Rp 1,728,212,896,000 USD 150,279,382 or Rp 1,382,570,316,000 USD 37,569,846 or Rp 345,642,579,000 4 Years or 4 Tahun 10 Years or 10 Tahun 6 Years of 6 Tahun 8% 19.24 % USD 281,970,000 or Rp 2,594,124,000,000 3 Years and 1 Months 13.80 % 30 Years Rp 9200/USD Principal Permit, Pre FS

Contact
Owner Address Phone/Fax Website Email PT Kerinci Energy Jl Amil Gedung No 7, Wr. Buncit Jakarta 12740 021-7990218/021-7985164 www.indonesiahydropower.com info@indonesiahydropower.com

KERINCI HEPP Kabupaten Kerinci, Jambi INDONESIA

3
MALEA 1 HYDROPOWER PROJECTS

Name Of Hydropower Location Head Averaged Annual Flow Dependable Flow Averaged Power Production Waterway Penstock Power House Turbine Generator Rated Capacity Progress Commercial Operation Date

Project Features
Malea 1 Sadang River, Tana Toraja Regency, South of Sulawesi Province 130 metre 129.8 m3/sec 97.40 m3/sec 420 GWh/Year HDPE Pipe; Dia 5 m, 3450 m length Steel pipe; 3.2 metre 320 metre length Semi Underground 2 x 45 MW/Francis/Vertical Shaft/250 rpm 2 x 50 MVA/11 kV/50 Hz 2 x 45 MW On going End of 2009 Malea 2 Sadang River, Tana Toraja Regency, South of Sulawesi Province 130 metre 129 m3/sec 97.4 m3/sec 413 GWh/Year HDPE Pipe; Dia 5m, 4450 m length Steel pipe; 3,2 , 310 meter length Semi Underground 2 x 45 Francis/Vertical Shaft/250 rpm 2 x 50 MVA/11 kV/50 Hz 2 x 45 MW On going End of 2009

Projected Financial Highlights

Proposed Tariff Revenue per Year Investment Costs Interest During costs Total Cost of Project Loan (65%) Equity (35%) Grace Period Loan Period Repayment Period Interest Rate IRR NPV Payback Ratio ROE Project Life Time Exchange Rate Status of Formalities 5.88 cent USD/kWh or Rp 540.96 Rp/kWh USD 42,556,571/Year or Rp 391,520,449,000/Year USD 219,801,821 or Rp 2,022,176,750,000 USD 16,367,223 or Rp 150,578,451,000 USD 236,169,044 or Rp 2,172,755,202,000 USD 165,318,331 or Rp 1,520,928,641,000 USD 70,850,713 or Rp 651,826,560,000 3 Years or 3 Tahun 10 Years or 10 Tahun 7 Years or 7 Tahun 7% 13.47% USD 110,899,740 or Rp 1,020,277,608,000 7 Years and 10 months 13.80 % 30 Years Rp 9,200/USD Principal Permit, PMDN, FS

Contact
Owner Address Phone/Fax Website Email Contact Person PT Malea Energy Jl Amil Gedung No 7, Wr. Buncit, Jakarta 12740 021-7990218/021-7985164 www.indonesiahydropower.com info@indonesiahydropower.com Director

MALEA HEPP Kabupaten Tator, Sulawesi Selatan INDONESIA

TAMBOLI HYDROPOWER PROJECT

Project Features
Name Of Hydropower Location Head Averaged Annual Flow Dependable Flow Averaged Power Production Waterway Penstock Power House Turbine Generator Rated Capacity Progress Commercial Operation Date Tamboli Tamboli River, Samaturu District, Kolaka Regency, Southeast Sulawesi Province 217 metre 11 m3/sec 88 m3/sec 133.2 GWh/Year Open channel; 4 m Width x 2 m Height; 1675 m Length Steel pipe; 1.8 metre Length 623 metre Semi Underground 4 x 5.5 MW/Francis/Vertical Shaft/500 rpm 4 x 6.1 MVA/11 kV/50 Hz 4 x 5 MW On going End of 2008

Projected Financial Highlights

Proposed Tariff Revenue per Year Investment Costs Interest During costs Total Cost of Project Loan (65%) Equity (35%) Grace Period Loan Period Repayment Period Interest Rate IRR NPV Payback Ratio ROE Project Life Time Exchange Rate Status of Formalities 6.5 cent USD/kWh or Rp 598,00/ kWh USD 8,197,898,00/Year or Rp 75,420,663,00/Year 23,606,208,00 or Rp 217,177,109,000 1,298,098,00 or 11,942,504.000 24,904,306.00 or 229,119,613.000 17,433.014 or 160,383,729.000 7,471,292.00 or 68,735,884,000 2 Years or 2 Tahun 7 Years or 7 Tahun 5 Years or 5 Tahun 7% 20.82 % USD 27,719,495 or Rp 255,019,352,000 4 Years and 7 months 14.59 % 30 Years Rp 9200 /USD Principal Permit, FS

Contact
Owner Address Phone/Fax Website Email Contact Person PT Tamboli Energy Jl Amil Gedung No 7, Wr. Buncit, Jakarta 12740 021-7990218/021-7985164 www.indonesiahydropower.com info@indonesiahydropower.com Director

Tamboli HEPP Kabupaten Kolaka, Sulawesi Tenggara INDONESIA

LINDU HYDROPOWER PROJECT

Project Features
Name Of Hydropower Location Head Averaged Annual Flow Dependable Flow Averaged Power Production Waterway Penstock Power House Turbine Generator Rated Capacity Progress Commercial Operation Date Lindu Binangga Rawa River, Donggala Regency, Central of Sulawesi Province 100 metre 21.90 m3/sec 7.30 m3/sec 90.46 GWh/Year Open channel; 3,65 m Height x 2.6 m Width x 2200 m length Steel pipe; Dia 2.50 578 metre lenght Semi Underground 3 x 5 MW/Francis/Vertikal Shaft/500 rpm 3 x 5.55 MVA/11 kV/50 Hz 3 x 5 MW On going End of 2009

Projected Financial Highlights

Proposed Tariff Revenue per Year Investment Costs Interest During const Total Cost of Project Loan (65%) Equity (35%) Grace Period Loan Period Repayment Period Interest Rate IRR NPV Payback Ratio ROE Project Life Time Exchange Rate Status of Formalities 5.88 cent USD/kWh or Rp 541/kWh USD 4,575,883/Year or Rp 42,098,125,000/Year USD 14,324,353 or 131,784,047,000 USD 2,062,458 or Rp 18,974,614,000 USD 16,386,811 or Rp 150,758,661,000 USD 10,651,427 or Rp 97,993,130,000 USD 5,735,384 or Rp 52,765,532,000 2 Years or 2 Tahun 7 Years or 7 Tahun 5 Years or 5 Tahun 15 % 19.53 % USD 1,413,071 or Rp 13,000,251,000 4 Years and 11 Months 40.95 % 30 Years Rp 9,200/USD Principal Permit, FS

Contact
Owner Address Phone/Fax Website Email Contact Person PT Lindu Hydropower Jl Amil Gedung No 7, Wr. Buncit, Jakarta 12740 021-7990218/021-7985164 www.indonesiahydropower.com info@indonesiahydropower.com Director

LINDU HEPP Kabupaten Donggala, Sulawesi Tengah INDONESIA

TANGGARA MINI HYDROPOWER PROJECT

Project Features
Name Of Hydropower Location Tanggara Biring Mamingko/Tanggara River, Tabbingjai Village Tombolopao District, Gowa Regency, South of Sulawesi Province Head 189 metre Averaged Annual Flow 6.59 m3/sec Dependable Flow 3.61 m3/sec Averaged Power Production 61.758 GWh/Year Waterway Open channel; 2.5 m Width 1.7 m Height 2.600 m length Penstock Steel pipe; 3,9 m Width, 2,4 m Height, 225 m Length, Dia. 0,85 Power House Semi Underground Turbine 4 x 2.5 MW/Francis/Vertikal Shaft/500 rpm Generator 4 x 2.77 MVA/11 kV/50 Hz Rated Capacity 4 x 2.5 MW Progress On going Commercial Operation Date End of 2008

Projected Financial Highlights

Proposed Tariff Revenue per Year Investment Costs Interest During costs Total Cost of Project Loan (65%) Equity (35%) Grace Period Loan Period Repayment Period Interest Rate IRR NPV Payback Ratio ROE Project Life Time Exchange Rate Status of Formalities 6.10 cent USD/kWh or Rp 561,20/kWh USD 3,767,775/Year or Rp 34,663,530,000/Thn USD 10,434,840 or Rp 96,000,526,000 USD 1,375,191 or Rp 12,651,754,000 USD 11,810,030 or Rp 108,652,280,000 USD 8,267,021 or Rp 76,056,596,000 USD 3,543,009 or Rp 32,595,684,000 2 Years or 2 Tahun 7 Years or 7 Tahun 5 Years of 5 Tahun 15% 20.65% USD 3,986,208 or Rp 36,673,111,000 5 Years 15.50 % 30 Years Rp 9200/USD Principal Permit, Amdal, UKL-UPL, FS

Contact
Owner Address Phone/Fax Website Email Contact Person PT Tanggara Energy Jl Amil Gedung No 7, Wr. Buncit, Jakarta 12740 021-7990218/021-7985164 www.indonesiahydropower.com info@indonesiahydropower.com Director

TANGGARA HEPP Kabupaten Gowa, Sulawesi Selatan INDONESIA

MAKAWA MINI HYDROPOWER PROJECT

Project Features
Name Of Hydropower Location Head Averaged Annual Flow Dependable Flow Averaged Power Production Waterway Penstock Power House Turbine Generator Rated Capacity Progress Commercial Operation Date Siteba-2 Makawa River, Luwu Regency, South Sulawesi Province 175 metre 7.30 m3/sec 2.44 m3/sec 43.33 GWh/Year Open channel; 2339 meter length Steel pipe; Dia 1.0 metre, 425 meter length Semi Underground 3 x 3.25 MW/Francis/Horizontal Shaft/500 rpm 3 x 3.61 MVA/11 kV/50 Hz 3 x 3.25 MW On going End of 2008

Projected Financial Highlights

Proposed Tariff Revenue per Year Investment Costs Interest During costs Total Cost of Project Loan (65%) Equity (35%) Grace Period Loan Period Repayment Period Interest Rate IRR NPV Payback Ratio ROE Project Life Time Exchange Rate Status of Formalities 6.10 cent USD/kWh or Rp 561.20/kWh USD 2,636,641/Year or Rp 24,257,096,000/Year USD 6,507,526 or Rp 59,869,241,000 USD 780,052 or Rp 7,176,480,000 USD 7,287,578 or Rp 67,045,721,000 USD 4,736,926 or Rp 43,579,718,000 USD 2,550,652 or Rp 23,466,002,000 2 Years or 2 Tahun 7 Years or 7 Tahun 5 Years or 5 Tahun 15 % 23.89 % USD 3,779,298 or Rp 34,769,537,000 4 Years and 4 months 9.60 % 30 Years Rp 9200/USD Principal Permit, FS

Contact
Owner Address Phone/Fax Website Email Contact Person PT Makawa Energy Jl Amil Gedung No 7, Wr. Buncit, Jakarta 12740 021-7990218/021-7985164 www.indonesiahydropower.com info@indonesiahydropower.com Director

MAKAWAS HEPP Kabupaten Luwu, Sulawesi Selatan INDONESIA

MAKAWA MINI HYDROPOWER PROJECT

Project Features
Name Of Hydropower Location Head Averaged Annual Flow Dependable Flow Averaged Power Production Waterway Penstock Power House Turbine Generator Rated Capacity Progress Commercial Operation Date Siteba-4 Makawa River, Luwu Regency, South Sulawesi Province 100 metre 12.05 m3/sec 4.01 m3/sec 40.29 GWh/Year Open channel; 4158 metre length Steel pipe; Dia 1.6 metre, 300 metre length Semi Underground 3 x 2.5 MW/Francis/Horizontal Shaft/500 rpm 3 x 2.77 MVA/11 kV/50 Hz 3 x 2.5 MW On going End of 2008

Projected Financial Highlights

Proposed Tariff Revenue per Year Investment Costs Interest During costs Total Cost of Project Loan (65%) Equity (35%) Grace Period Loan Period Repayment Period Interest Rate IRR NPV Payback Ratio ROE Project Life Time Exchange Rate Status of Formalities 6.10 cent USD/kWh or Rp 561.20/ kWh USD 2,396,946/Year or Rp 22,051,905,000/Year USD 6,729,526 or Rp 61,911,641,000 USD 813,322 or Rp 7,482,564,000 USD 7,542,848 or Rp 69,394,206,000 USD 4,902,851 or Rp 45,106,234,000 USD 2,639,997 or Rp 24,287,972,000 2 Years or 2 Tahun 7 Years or 7 Tahun 5 Years or 5 Tahun 15 % 20.87 % USD 2,371,615 or Rp 21,818,856,000 3 Years and 11 months 32% 30 Years Rp 9200/USD Principal Permit, FS

Contact
Owner Address Phone/Fax Website Email Contact Person PT Makawa Energy Jl Amil Gedung No 7, Wr. Buncit, Jakarta 12740h 021-7990218/021-7985164 www.indonesiahydropower.com info@indonesiahydropower.com Director

MAKAWAS HEPP Kabupaten Luwu, Sulawesi Selatan INDONESIA

MAKAWA MINI HYDROPOWER PROJECTS

Project Features
Name Of Hydropower Location Head Averaged Annual Flow Dependable Flow Averaged Power Production Waterway Penstock Power House Turbine Generator Rated Capacity Progress Commercial Operation Date Siteba-1 Makawa River, Luwu Regency, South Sulawesi Province 180 metre 5.07 m3/sec 1.69 m3/sec 40.20 GWh/Year Open channel; 1625 metre length Steel pipe; Dia 1.0 metre, 420 meter length Semi Underground 3 x 2.0 MW/Francis/Horizontal Shaft/500 rpm 3 x 2.22 MVA/11 kV/50 Hz 3 x 2.0 MW On going End of 2008 Siteba-3 Lino River, Luwu Regency, South Sulawesi Province 70 metre 3.84 m3/sec 1.28 m3/sec 5.11 GWh/Year Open channel; 2100 metre length Steel pipe; Dia 1.0 metre, 425 metre length Semi Underground 3 x 0.5 MW/Francis/Horizontal Shaft/500 rpm 3 x 0.55 MVA/11 kV/50 Hz 3 x 0.5 MW On going End of 2008

Projected Financial Highlights

Proposed Tariff Revenue per Year Investment Costs Interest During costs Total Cost of Project Loan (65%) Equity (35%) Grace Period Loan Period Repayment Period Interest Rate IRR NPV Payback Ratio ROE Project Life Time Exchange Rate Status of Formalities 6.10 cent USD/kWh or Rp 561.20/kWh USD 2,721,616/Year or Rp 25,038,869,000/Year USD 7,817,520 or Rp 71,921,182,000 USD 950,676 or Rp 8,746,220,000 USD 8,768,196 or Rp 80,667,402,000 USD 5,699,327 or Rp 52,433,811,000 USD 3,068,869 or Rp 28,233,591,000 2 Years or 2 Tahun 7 Years or 7 Tahun 5 Years or 5 Tahun 15 % 20.44 % USD 2,501,183 or Rp 23,010,885,000 5 Years 9.04 % 30 Years Rp 9200 /USD Principal Permit, FS

Contact
Owner Address Phone/Fax Website Email Contact Person PT Makawa Energy Jl Amil Gedung No 7, Wr. Buncit, Jakarta 12740 021-7990218/021-7985164 www.indonesiahydropower.com info@indonesiahydropower.com Director

MAKAWAS HEPP Kabupaten Luwu, Sulawesi Selatan INDONESIA

10
BATUGANDA MINI HYDROPOWER PROJECT

Project Features
Name Of Hydropower Location Head Averaged Annual Flow Dependable Flow Averaged Power Production Waterway Penstock Power House Turbine Generator Rated Capacity Progress Commercial Operation Date Batuganda Indewe River, North of Kolaka Regency, Southeast Sulawesi Province 77 metre 7.45 m3/sec 2.48 m3/sec 20.55 GWh/Year Pipa HDPE Dia; 2.50 m x 1500 m length Steel pipe Dia; 1.59 m x 200 m length Semi Underground 3 x 1.25 MW/Francis/Horizontal Shaft/500 rpm 3 x 1.38 MVA/11 kV/50 Hz 3 x 1.25 MW On going End of 2008

Projected Financial Highlights

Proposed Tariff Revenue per Year Investment Costs Interest During costs Total Cost of Project Loan (65%) Equity (35%) Grace Period Loan Period Repayment Period Interest Rate IRR NPV Payback Ratio ROE Project Life Time Exchange Rate Status of Formalities 6.10 cent USD/kWh or Rp 561.20/kWh USD 1,161,397/Year or Rp 10,684,849,000/Year USD 3,915,608 or Rp. 36,023,595,000 USD 484,353 or Rp 4,456,044,000 USD 4,425,783 or Rp 40,717,205,000 USD 2,876,759 or Rp 26,466,183,000 USD 1,549,024 or Rp 14,251,022,000 2 Years or 2 Tahun 7 Years or 7 Tahun 5 Years or 5 Tahun 15 % 21.79 % USD 1,779,294 or Rp 16,369,506,000 5 Years and 3 months 10.74 % 30 Years Rp 9,200/USD FS

Contact
Owner Address Phone/Fax Website Email Contact Person PT Batuganda Energy Jl Amil Gedung No 7, Wr. Buncit, Jakarta 12740 021-7990218/021-7985164 www.indonesiahydropower.com info@indonesiahydropower.com Director

BATUGANDA HEPP Kabupaten Kolaka Utara, Sulawesi Tenggara INDONESIA

USSU MALILI MINI HYDROPOWER PROJECT

11

Project Features
Name Of Hydropower Location Head Averaged Annual Flow Dependable Flow Averaged Power Production Waterway Penstock Power House Turbine Generator Rated Capacity Progress Commercial Operation Date Ussu Malili Kawata River, Usu Village, Malili District, Luwu Timur Regency, South Sulawesi Province 100 metre 4.59 m3/sec 3.31 m3/sec 19.75 GWh/Year Open channel; 1.6 m Width 1.9 m Height 1680 m length Steel pipe; Dia 1.2-0.6 m length 250m Semi Underground 3 x 1.15 MW/Francis/Horizontal Shaft/1000 rpm 3 x 1.27 MVA/11 kV/50 Hz 3 x 1.15 MW On going Mid of 2008

Projected Financial Highlights

Proposed Tariff Revenue per Year Investment Costs Interest During consts Total Cost of Project Loan (65%) Equity (35%) Grace Period Loan Period Repayment Period Interest Rate IRR NPV Payback Ratio ROE Project Life Time Exchange Rate Status of Formalities 6.10 cent USD/kWh or Rp 561.20/kWh USD 1,166,407/Year or Rp 10,730,944,000/Year USD 3,551,160 or Rp 32,670,673,000 USD 482,669 or Rp 4,440,559,000 USD 4,033,830 or Rp 37,111,233,000 USD 2,823,681 or Rp 25,977,863,000 USD 1,210,149 or Rp 11,133,370,000 2 Years or 2 Tahun 7 Years or 7 Tahun 5 Years or 5 Tahun 15 % 21.02 % USD 1,508,148 or Rp 13,874,961,000 4 Years and 11 months 14.67 % 30 Years Rp 9200/USD Principal Permit, FS

Contact
Ownerz Address Phone/Fax Website Email Contact Person PT Ussu Malili Hydropower Jl Amil Gedung No 7, Wr. Buncit, Jakarta 12740 021-7990218/021-7985164 www.indonesiahydropower.com info@indonesiahydropower.com Director

USSU MALILI HEPP Kabupaten Luwu Timur, Sulawesi Selatan INDONESIA

KONDARA MINI HYDROPOWER PROJECT

12

Project Features
Name Of Hydropower Location Head Averaged Annual Flow Dependable Flow Averaged Power Production Waterway Penstock Power House Turbine Generator Rated Capacity Progress Commercial Operation Date Kondara Olooloho River, North of Kolaka Regency, Southeast Sulawesi Province 100 metre 4.77 m3/sec 1.59 m3/sec 18.22 GWh/Year Pipa HDPE Dia; 2.50 metre x 1800 m length Steel pipe Dia; 1.20 metre x 215 metre length Semi Underground 3 x 1.1 MW/Francis/Horizontal Shaft/500 rpm 3 x 1.22 MVA/11 kV/50 Hz 3 x 1.1 MW On going End of 2008

Projected Financial Highlights

Proposed Tariff Revenue per Year Investment Costs Interest During costs Total Cost of Project Loan (65%) Equity (35%) Grace Period Loan Period Repayment Period Interest Rate IRR NPV Payback Ratio ROE Project Life Time Exchange Rate Status of Formalities 6.10 cent USD/kWh or 561.20/kWh USD 1,055,538/Year or Rp 9,710,951,000/Year USD 3,915,608 or Rp 36,261,161,000 USD 477,684 or Rp 4,394,690,000 USD 4,393,292 or Rp 40,418,285,000 USD 2,855,640 or Rp 26,271,886,000 USD 1,537,652 or Rp 14,146,400,000 2 Years or 2 Tahun 7 Years or 7 Tahun 5 Years or 5 Tahun 15 % 20.23 % USD 1,273,483 or Rp 11,716,041,000 5 Years and 8 months 10.44 % 30 Years Rp 9,200/USD FS

Contact
Owner Address Phone/Fax Website Email Contact Person PT Kondara Energy Jl Amil Gedung No 7, Wr. Buncit, Jakarta 12740 021-7990218/021-7985164 www.indonesiahydropower.com info@hydroindonesia.com Director

KONDARA HEPP Kabupaten Kolaka Utara, Sulawesi Tenggara INDONESIA

SALUNOA MINI HYDROPOWER PROJECT

13

Project Features
Name Of Hydropower Location Head Averaged Annual Flow Dependable Flow Averaged Power Production Waterway Penstock Power House Turbine Generator Rated Capacity Progress Commercial Operation Date Saluanoa Anoa River, Kasintuwu Village, Mangkutana District, Luwu Timur Regency, South Sulawesi Province 100 metre 2.95 m3/sec 2.38 m3/sec 13.76 GWh/Year Open channel; 1.8 m Height x 1.6 m Width x 198 m Length Steel pipe; 225 m Length Dia. 0.85 metre Semi Underground 2 x 1.15 MW/Francis/Horizontal Shaft/1000 rpm 2 x 1.27 MVA/11 kV/50 Hz 2 x 1.15 MW On going End of 2008

Projected Financial Highlights

Proposed Tariff Revenue per Year Investment Costs Interest During costs Total Cost of Project Loan (65%) Equity (35%) Grace Period Loan Period Repayment Period Interest Rate IRR NPV Payback Ratio ROE Project Life Time Exchange Rate Status of Formalities 6.10 cent USD/kWh or Rp 561.20,000 /kWh USD 777,605/Year or Rp 7,153,963,000/Year USD 2,335,590 or Rp 21,487,428,000 USD 298,971 or Rp 2,750,532,000 USD 2,634,561 or Rp 24,237,960,000 USD 1,844,193 or Rp 16,966,572,000 USD 790,368 or Rp 7,271,388,000 2 Years or 2 Tahun 7 Years or 7 Tahun 5 Years or 5 Tahun 15 % 20.95 % USD 964,467 or Rp 8,873,092,000 4 Years and 11 months 13.92 % 30 Years Rp 9200/USD Principal Permit, FS

Contact
Owner Address Phone/Fax Website Email Contact Person PT Anoa Hydropower Jl Amil Gedung No 7, Wr. Buncit, Jakarta 12740 021-7990218/021-7985164 www.indonesiahydropower.com info@indonesiahydropower.com Director

SALUNOA HEPP Kabupaten Luwu Timur, Sulawesi Selatan INDONESIA

MAPPUNG MICRO HYDROPOWER PROJECT

14

Project Features
Name Of Hydropower Location Head Averaged Annual Flow Dependable Flow Averaged Power Production Waterway Penstock Power House Turbine Generator Rated Capacity Progress Commercial Operation Date Mappung Mappung River, Tabbingjay Village, Tombolopao District, Gowa Regency, South Sulawesi Province 189 metre 62 m3/sec 0.57 m3/sec 2.1 GWh/Year No Waterway HDPE pipe; Dia. 0.6, Length 240 m Semi Underground 1 x 0.295 MW/Francis/Horizontal Shaft/1000 rpm 1 x 0.32 MVA/11 kV/50 Hz 1 x 0.29 MW On going Mid of 2007

Projected Financial Highlights

Proposed Tariff Revenue per Year Investment Costs Interest During costs Total Cost of Project Loan (65%) Equity (35%) Grace Period Loan Period Repayment Period Interest Rate IRR NPV Payback Ratio ROE Project Life Time Exchange Rate Status of Formalities 6.10 cent USD/kWh or Rp 561.20/ kWh USD 127,786 or Rp 1,175,635,000 USD 424,383 or Rp 3,904,325,000 USD 52,763 or Rp 485,416,000 USD 477,146 or Rp 4,389,740,000 USD 334,002 or Rp 3,072,818,000 USD 143,144 or Rp 1,316,922 ,000 2 Years or 2 Tahun 7 Years or 7 Tahun 5 Years or 5 Tahun 15 % 19.43% USD 125,880 or Rp 1,158,099,000 5 Years and 5 months 18.08% 30 Years Rp 9,200/USD Principal Permit, SITU, Amdal, UKL-UPL, IMB, HOA, FS

Contact
Owner Address Phone/Fax Website Email Contact Person PT Mappung Hydropower Jl Amil Gedung No 7, Wr. Buncit, Jakarta 12740 021-7990218/021-7985164 www.indonesiahydropower.com info@indonesiahydropower.com Director

MAPPUNG HEPP Kabupaten Gowa, Sulawesi Selatan INDONESIA

www.indonesiahydropower.com