PRESS RELEASE GROUND BREAKING OF PELABUHAN RATU 2 CFSPP by sparkunder25

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									                                                                                                    PRESS RELEASE
              HEAD OFFICE                                                                         Monday, September 10, 2007

 Jl. Trunojoyo Blok M I/135 Kebayoran baru - Jakarta 12160,              Telp 7251234, 7261122,                       Fax. 7227059



                               GROUND BREAKING OF
                       PELABUHAN RATU 2 CFSPP 3 X 350 MW CFSPP
                                    WEST JAVA

Today, Monday, September 10, 2007, taking place in Citarik Village, Pelabuhan Ratu
County, Sukabumi Municipality, West Java Province, there was a ground breaking of the
construction of Pelabuhan Ratu 2 CFSPP with the capacity of 3 x 350 MW.

The ground breaking was conducted directly by the Minister of SOEs, SOfyan Djalil and
witnessed by the Ambassador of the People’s Republic of China for Indonesia, Director
General of Electricity and Energy Usage, he Governor, Head of Regional House of
Representatives, and the staff of West Java Province, President Commissioner, President
Director and the Board of Directors of PT PLN (Persero), General Manager, Board of
Directors of PLN’s subsidiaries, Mayor, Head of Regional House of Representatives and
the staff of Sukabumi Municipality, President Director and the consortium of the Pelabuhan
Ratu CFSPP 2 Project, (Shanghai Electric Group Corp Ltd and Maxima Infrastrukur) and
local religious leaders and society.

The procurement of the CFSPP was conducted by tender in order to overcome the
electricity crisis in the Java-Bali system, especially West Java. The production of the
CFSPP will be transmitted through the 150 kV transmission line, through the sub-stations of
Cibadak Baru and Lembur Situ, distribution line of 20 kV in order to supply electricity to the
city of Pelabuhan Ratu and its surroundings.

The ground breaking ceremony today was a continuation of the signing of EPC
(Engineering, Procurement and Construction) contract for the construction of the
Pelabuhan Ratu 2 CFSPP 3 x 350 MW between PT PLN (Persero) and the consortium of
Shanghai Electric Group Corporation Ltd and PT Maxima Infrastruktur on August 7, 2007
with the following technical data:

Pelabuhan Ratu 2 CFSPP, with the capacity of 3 x 350 MW
      Developer: consortium of Shanghai Electric Group Corporation Ltd and PT Maxima
      Infrastruktur
      Location: Citarik Village, Pelabuhan Ratu County, Sukabumi Municipality, West Java
      Investment cost: USD 566,9 and Rp 2.2 trillion
      Sources of fund: 15% is from PLN’s equity obtained, inter alia, from the global bond
      and export credit, and 85% is from the supplier’s credit


The construction of this project is part of the 10,000 MW Acceleration Project of Power
Plant Construction based on the Presidential Regulation number 71 of 2006. It is the
biggest project among the 10,000 MW Acceleration Projects of Power Plant Construction.
The project is estimated to be finished within 30 months for Unit I and subsequently 3 and 6


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                                                                                                    PRESS RELEASE
              HEAD OFFICE                                                                         Monday, September 10, 2007

 Jl. Trunojoyo Blok M I/135 Kebayoran baru - Jakarta 12160,              Telp 7251234, 7261122,                       Fax. 7227059


months for Unit II and Unit III, so it is expected that the Unit I will be in operation in
February 2010.


In order to meet the demand for coal for the CFSPP projects under EPC contracts in Java,
there have been several coal sales and purchase agreements signed for 8 following
locations of CFSPPS:

     1.   New Suralaya CFSPP (1 x 625 MW)
     2.   Labuan CFSPP (1 x 315 MW)
     3.   Indramayu CFSPP (1 x 330 MW)
     4.   Paiton Baru CFSPP (1 x 660 MW)
     5.   Teluk Naga CFSPP (1 x 315 MW)
     6.   Pacitan CFSPP (2 x 315 MW)
     7.   Pelabuhan Ratu (3 x 350 MW)
     8.   Rembang CFSPP (2 x 315 MW)

With the total volume of coal of 15,240,000 ton/year.

The Acceleration Project of Power Plant Construction which is commonly known as the
10,000 MW Acceleration Program is one of the most important pillars in preparing the
availability of national energy in the future.

The benefits from the construction of the above mentioned CFSPP, to name a few, are as
follows:
1. Increasing the reliability and quality of electricity supply
2. Increasing the economy of the people
3. Increasing the education of the people
4. Society empowerment through the Community Development Program
5. Supporting the vision of 75-100
6. Utilizing low rank coal
7. Minimizing production cost (HPP)


The ground breaking activity for the above CFSPP is a real and continuous effort of PT
PLN (Persero) in overcoming the energy crisis.



                                                                               Public Relations of PT PLN (Persero)




                                                                                                     Ario Subijoko SE.,MM


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