PT PLN (PERSERO) s Jl. Trunojoyo Blok M 1/135, Kebayoran Baru — Jakarta 12610 Phone : (021) 7261875, 7261122, 7262234, Fax. (021) 7221330 E-mail : webmaster @ pln.co.id THE COAL FIRED STEAM POWER PLANTS PROJECT CONTRACT DOCUMENT PLTU KALIMANTAN SELATAN (2 X 65 MW) (PLTU ASAM ASAM) BOOK | BETWEEN PT PLN (Persero) AND Gr) Georen r CONSORTIUM PT. WIJAYA KARYA AND CHENGDA ENGINEERING CORPORATION OF CHINATable of Content PLTU KALIMANTAN SELATAN ( 2 X 65 MW ) BOOK! BOOK II @ONOARYON SS © 10. 11, 12. 13. 14, 15. a TABLE OF CONTENT Contract Agreement Tax Registration and SIUPJKA Letter of Intent . Power of Attorney Performance Security |. Plant Performance Guarantee . Summary of Contract Price . Contract Schedule Key Dates Consortium Agreement Offer of Finance Reciprocal trade of Undertaking Part! Instruction to Bidders Part Il : General Conditions of Contract Partill : Special Conditions of Contract Form of: - Bank Guarantee for Down Payment - Bank Guarantee for Progress Payment Contract Discussion Agreement (CDA) PART4 —: TECHNICAL REQUIREMENT Part4.1 Project Description Part4.2 : Summary of Work Part 4.38: General Technical Requirement Part 4.3B General Technical Spesification 7 PLTU Kalimantan Selatan (2 x 65 MW)Table of Content PLTU KALIMANTAN SELATAN ( 2 X 65 MW ) BOOK IIIA : BOOK IIIB : BOOK Ill C : BOOK III D : BOOK IV SCHEDULE 1 TABLE OF CONTENT PART 4.4: Civil Works PART 4.5 — : Mechanical Works PART 4.6 Electrical Works PART 4.7 __: Instrumental and Control System PART 4.8 Erection and Commisioning SCHEDULES BASE PRICE SCHEDULE 1.1 SCHEDULE 1.2 SCHEDULE 1.3 SCHEDULE 1.4 SCHEDULE 1.5 SCHEDULE 1.6 SCHEDULE 1.7 SCHEDULE 1.8 SUMMARY PRICE SHEDULE DETAILED PRICE SHEDULE TRAINING MANDATORY SPARE PARTS MAINTENANCE TOOLS AND TESTING EQUIPMENT CONSUMABLES ENGINEERING DESIGN REVIEW AND Se INSPECTION UNIT ADJUSTING PRICES ii PLTU Kalimantan Selatan (2 x 65 MW)Table of Content PLTU KALIMANTAN SELATAN ( 2 X 65 MW ) SCHEDULE 2 SCHEDULE 3 SCHEDULE 7 BOOK V BOOK VI TABLE OF CONTENT RECOMMENDED SPARE PART BID INFORMATION SCHEDULE 3.3. CONTRACT PAYMENT SCHEDULE SCHEDULE 3.4 PAYROLL OVERHEADS SCHEDULE 3.6 LABOUR RATES. SCHEDULE 3.6 EQUIPMENT RENTAL RATES SCHEDULE 3.7. CONSTRUCTION POWER AND WATER REQUIREMENT SCHEDULE 3.8 CONSTRUCTION STORAGE AREA REQUIREMENT SCHEDULE 3.9 | CONSTRUCTION PERSONNEL SCHEDULE 3.10 INDONESIAN MANUFACTURER GOODS AND SERVICES SCHEDULE 3.11.1 LIST OF INDONESIAN MANUFACTURER GOODS AND SERVICES SCHEDULE 3.11.2 LIST OF FOREIGN MANUFACTURER GOODS AND SERVICES TECHNICAL DATA BID DRAWINGS THE BID PROPOSAL AND DRAWINGS iii PLTU Kalimantan Selatan (2 x 65 MW)CONTRACT DOCUMENT BOOK 1 CONTRACT AGREEMENT PLTU KALIMANTAN SELATAN (2 X 65 MW)Coal Fired Steam Power Plant Project PLTU Kalimantan Selatan (2 x 65 MW) CONTRACT AGREEMENT. CONTRACT AGREEMENT NO. 455 .PJ/041/DIR/2008 FOR COAL FIRED STEAM POWER PLANT PROJECT PLTU KALIMANTAN SELATAN (2x65MW) This Agreement is made on the 4" day of July, 2008 for the PLTU Kalimantan Selatan (2x 65) MW under tumkey basis. By and between: PT. PLN (PERSERO), a company duly incorporated under the laws of the Republic of Indonesia having registered place of business with its Head Office in Jalan Trunojoyo, Blok M | 1135, Kebayoran Baru, Jakarta Selatan 12160, Indonesia, hereinafter called the “Owner”. and THE CONSORTIUM OF PT. WIJAYA KARYA (Persero) Tbk., a company duly incorporated under the laws of the Republic of Indonesia having registered place of business with it's Head Office at Jalan DI Panjaitan Kav. 9, Jakarta 13340, Indonesia, and CHENGDA ENGINEERING CORPORATION OF CHINA, a company duly incorporated under the laws of The People’s Republic of China, having registered place of business with it's Head Office at 28 the 4" Section Ren Min South Road, Chengdu, Sichuan. People’s Republic of China 610041, and, hereinafter called the “Contractor”. Whereas the Owner desires that the Works known as Coal Fired Steam Power Plant Project for PLTU Kalimantan Selatan (2x65MW) located at Asam-Asam, Indon« designed, manufactured, tested, delivered, installed, pre-commissioned, commissioned and performance test and guarantee certain facilities to be executed by the Contractor, and has accepted a Bid by the Contractor for the design, manufacture, test, delivery, install, pre-commission, commission, performance test and guarantee certain facilities execution and completion of such Works and the remedying of any defects therein. ia should be Witnessed that the Owner and the Contractor agree as follows : 4. The following documents shall be deemed to form and be read and construed as part of this Agreement which shall constitute a binding contract between the Owner and the Contractor. PT PLN (Persero) g Page 1 of 5 Wika- Chengda, fyCoal Fired Steam Power Plant Project PLTU Kalimantan Selatan (2 x 65 MW) CONTRACT AGREEMENT BOOK 1 Contract Agreement Tax Registration Number and Letter of Authorization Letter of Intent Power of Attorey Performance Security Plant Performance Guarantee (Schedule 6) Summary of Contract Price (Schedule 1.1) Contract Schedule Key Dates (Schedule 4) Consortium Agreement Part1 Instruction to Bidders Part2 General Conditions of Contract Part3 Special Conditions of Contract Form of : - Bank Guarantee for Down/Advance Payment - Bank Guarantee for Progress Payment Contract Discussion Agreement (CDA) BOOK I! Part4 Technical Requirement Section 4.1 Project Description Section 4.2 Summary of Works Section 4.3.4 General Technical Requirement Section 4.3.8 General Technical Specification BOOKIIIA Section 4.4 Civil Works BOOK IIIB Section 4.5 Mechanical Works BOOK IIIC Section 4.6 Electrical Works Section 4.7 Instrumentation and Control System BOOK IID Section 4.8 Erection and Commissioning BOOK IV Part 5 Schedules Schedule 1.1 ‘Summary of Contract Price Schedule 1.2 Detailed Price Schedule Schedule 1.3 Training Schedule 1.4 Mandatory Spare Parts Schedule 1.5 Maintenance Tools and Testing Equipment Schedule 1.6 Consumables Schedule 1.7 Engineering Design Review and Manufacturer & Shop Test Inspection Schedule 1.8 Adjusting Price Schedule 2.3 Recommended Spare Parts Schedule 3.3 Contract Payment Schedule Schedule 3.4 Payroll Overheads Schedule 3.5 Labor Rates Schedule 3.6 Equipment Rental Rates Schedule 3.7 Construction Power & Water Requirement Schedule 3.8 Construction Storage Area Requirement Schedule 3.9 Construction Personnel Schedule 3.10 _ Indonesian manufactured goods and services PT PLN (Persero) Page 2 of 5 Wika: Cheney by hCoai Fired Steam Power Plant Project PLTU Kalimantan Selatan (2 x 65 MW) CONTRACT AGREEMENT Schedule 3.11.1 Indonesian manufacturer goods and services Schedule 3.11.2 Foreign manufacturer goods and services. Schedule 7 Technical Data BOOK V Part6 Contract Drawings BOOK VI The Bid Proposal and Drawings 2. In the event of any ambiguity or conflict between the Documents listed above, the order of precedence shall be as follows: {a) The Contract Agreement {b) The Contract Discussion Agreement (CDA) () The Letter of intent (d)_ The Special Conditions of Contract and Addenda thereto (e) The General Conditions of Contract and Addenda thereto (f) Instruction to Bidder and Addenda thereto (g) The Technical Requirement, Bid Drawing and Schedules with Addenda thereto, provided that if any discrepancy of this item will be determined by Owner (h) The Contractor's Bid Proposal 3. In consideration of the payments to be made by the Owner to the Contractor as hereinafter mentioned, the Contractor agrees to execute, finish and complete all of the Works relating to PLTU Kalimantan Selatan in every respect and in conformity with the provisions of the Contract. 4, In consideration of the execution of all the Works relating to PLTU Kalimantan Selatan in every respect and in accordance with the Contract, the Owner agrees to pay the Contractor the Contract Price, at the time and in the manner prescribed in the Contract as follows 1) Contract Price excluding Value Added Tax (1) USD 98,747,400 (United States Dollars ninety eight million seven hundred forty seven thousand and four hundred only) Plus (2) Rp. 368,715,468,011 (Indonesian Rupiahs three hundred sixty eight billion seven hundred fifteen nnillion four hundred sixty eight thousand and eleven only) PTPLN (Persero) Page 3 0f5 Wika eae) meGoal Fired Steam Power Plant Project PLTU Kalimantan Selatan (2 x 65 MW) CONTRACT AGREEMENT. 2) The applicable of PPN 10 % (Value Added Tax) amounts to : (1) USD 9,874,740 (United States Dollars nine million eight hundred seventy four thousand seven hundred and forty only) plus (2) Rp 36,871,546,801 (indonesian Rupiahs thirty six billion eight hundred seventy one million five hundred forty six thousand eight hundred and one only) 3) Total Contract Price including Value Added Tax (1) USD 108,622,140 (United Stated Dollars one hundred eight million six hundred twenty two thousand ‘one hundred and forty only) Plus (2) Rp. 405,587,014,812 (Indonesian Rupiahs four hundred five billion five hundred eighty seven million fourteen thousand eight hundred and twelve only) 5. The Contractor agrees to perform Force Account Work in accordance with clause 3.1 of the Special Conditions of Contract upon the request of the Owner in writing and agrees to accept as full compensation for such work the Terms of Payment as set out in clause 3.2 of the Special Conditions of Contract. 6. The Contractor has fumished and the Owner accepts Performance Security that is : Issued by PT Bank Rakyat indonesia Tbk in amount of USD 5,550,604 (United State Dollars five million five hundred fifty thousand six hundred and four only) and IDR 20,691,402,185 (Indonesian Rupiahs twenty billion six hundred ninety one milion four hundred two thousand one hundred and ninety five only) And issued by Bank of China in amount of USD 5,322,484.86 (United State Dollars five million three hundred twenty two thousand four hundred eighty four and eighty six cent only) and IDR 19,873,763,725.79 (Indonesian Rupiahs nineteen billion eight hundred seventy three million seven hundred sixty three thousand seven hundred twenty five point seventy nine only) PT PLN (Persero) Page 40f 5 Wika- Chengd; 3Co Coal Fired Steam Power Plant Project PLTU Kalimantan Selatan (2 x 65 MW) CONTRACT AGREEMENT With respect to the execution of the works by the Contractor which Performance Security shall operate according to its tenor. In Witnessed whereof the parties hereto have caused this Agreement to be executed in accordance with their respective laws on the day and year first above written. For and on behaif of the Contractor For and on behalf of the Owner THE CONSORTIUM OF PT. PLN (PERSERO) PT WWJAYA KARYA. CCHENGDA ENGINEERING (Persero) Tok CORPORATION OF CHINA ARV Pesere) Te GAW ben. Bintang Perbowo Gan Kejian yet my President Assistant President Director"? PT PLN (Persero) if Page 5 of 5 Wika: Chengda i‘CONTRACT DOCUMENT BOOK 1 TAX REGISTRATION NUMBER AND LETTER OF AUTHORIZATION PLTU KALIMANTAN SELATAN (2 X 65 MW)(DATA IDENTITAS WAJIB PAJAK fw : PT ibe etisi(Zzj ts B NAMA WAJIB PAJAK PT WUJAYA KARYA JENIS USAHA 2 JASA KONSTRUKSI SPESIFIKAS! USAHA re DD ALAMAT 1 JL. D.L. PANJAITAN KAV.9 — KELURAHAN 2 CIPINANG CEMPEDAK KECAMATAN 2 JATINEGARA F KOTA / KODE POS 2 JAKARTA TIMUR 13340 h ‘@ TANDA TANGAN ° 3 WP/ KUASA, PT WIJAYA KARYA Perhatian: Untuk meningkatkan kelanceran dan mempermudah pelaksenzan pelayanan kami, maka demi kepentingan Saudata, ciminta agar Daftar Isian ini Saudara isi secare lengkap dan jelas berdasarken kondisi terakhir, serta melekatkannye pada SPT yang Saudara masukkan,NAMA : ALAMAT: TERDAFTAE PERHATIAN ‘© Kan ini harap disimpan baik-baik dan apabila hilang, agar segera melapor ke Kantor Pelayanan Pajak terdaftar. © NPWP agar di cantumnkan dalam hal berhubungan dengan dokumen perajaken © Dalam hal Wajib Pajak pindah domisili, supaya melaporkan diri ke Kantor Petayanan Pajak lama meupun Kantor Pelayanan Pajak baru @ Website : hap: sseew pajak.go.id BERSAMA ANDA MEMBANGUN BANGSADEPARTEMEN KEUANGAN REPUBLIK. INDONESIA DIREKTORAT JENDERAL PAJAK KANTOR wl Lay SONTOR PLLAVENAM Pate TAKARTA KMUSUS USAKAAN NFGAR) SNRERAM y SURAT KETERANGAN TERDAFTAR “Sesuai dengan Pasal 2 eyat (1 ) UU No. 6 Tahun 1983 tentang Ketentuen Umum gan Tate Care Perpajakan sebegaimane telah diubeh terakhir dengan UU No. 16 Tahun 2000 dan Keputusan Direktur Jenderal Pajak Nomor KEP-161/PJ./200% dengan ini diterangkan bahwe 4 4 1.Nama Poet 2. Nomor Pokok Wajib Pajek (NPWP) : J Klasifikasi Lepangan Usahe (KLU) SA TRAD \ Alemat SL.D.) PANGAI TAN 9 JATINESAR 5. Merk/Akronim 5 6. Status Modal 7. Status Usaha 8. Kewajiben Pajek { «) PPh Pesal 4(2) [x] PPh Pasat 29 [x] PPh Pasal15, [3] PPh Pasal 25 7 { x] PPh Pasal 19 { x) PPh Pasal 26 (><) PPh Pasat 21 [ °] PPh Pasa! 29 1 { x] PPh Pasal 22 telah terdaftar pada tata usaha kami. Dengan tetbitnye suret ini, maka dalam rangkamemenuhi hak dan kewajiban perpajaken wajib mencantumkan NPWP sejak tanggal: 14-11-1982 Register ro001760512 PPOIP.4.2-00 peencutiaDEPARTEMEN KEUANGAN REPUBLIK INDONESIA DIREKTORAT JENDERAL PAJAK RANTOR WILAYRH VII GaKARTA KHUSUS SONTOR PELAYANAN Palak PERUSAHAGH NEGARARDAEROF : SURAT PENGUXUHAN PENGUSAHA KENA PAJAK Noi? Fi S659/WP3.07/KE, 01.057 2002 Sesuzi dengan Pasel 2 ayal ( ) UU No. 6 Tahun 1983 tentang Ketentuen Umum dan Tete Care Perpejeken sebecaimana telah diubeh terakhir dengan UU ne. 16 Tahun 2000 dan Keputusan Direktoret Jenderal Pajak Nomor KEP-161%PJ./2001. sengan ini dinyatakan behwa 1. Name POT AVA KAR 2. Nomor Pokok Wejib Pajak (NPWP) > C190) 43. Klesitikesi Lepengen Usehe (KLU): S294" ~ TERI A0L1 PANIAITAN 9 4, Alemat CIPINAD JAKARTA THUR ~ 13380 . Merk/Akxonim Status Model Status Usaha Kewajiban Pajak 2de Seri Faktur Pejek ] PPnBM PONam telah dikukuhkan pada tela usaha kami sebagai Pengusehe Kena Pajak. Dengan ierbitnye surat ini, maka dalsm melaksenakan hak dan kewajiban yang berkenaen dengan PPN dan PPnEM wajib mencantumkan NPWP sejak tanggal: 01-02-1985DEPARTEHEN KEUANGAN REPUBLIK INDONESIA DIREKTORAT JENDERAL PasAak SANTOR WILAYSH VII JAKARTA KHUSUS KANTOR PELAYANSN PAIJAK PERUSAHAAN NEGARAKDAERAK 8 ai. T.M.f. KALIBATA Telp = 79800 Faks : - 05-2002 Kede Seri Faktur Pajak 45.2-051.000 NeWP yeh PT WI1JAy 3.0.1 PANIAL TE IPTNANS CF aK ~ JATINEGARA JAKART 5 daran Oirektur Jenceral Pajak Nomor + 4993 Ayan ies cysampaskan kepada Sancara nai vgusaha Keng Pajak (PKE) aru dengan memakei ‘Nemor j tangas) 1 April 19 wnergunakan Faktrr “Pajak yang | ktur Palak yang i dimakeud harus Saudera cetak sendiri dengan ukuran kwarto serta isinva seperti contol’ terlampir. baik untuk lembar ke-catu, dembar ). dapat terdiri dari warna putih. untuk lember ke-duz dan lembar berikutnya dar Kan warna Jain yang diinginken. jak Saudara diberikan Kede Seri : CEZRR-O51 dan dimulai dari nenor 0000001 sampai dengan 9999999. Sebelum Faktur Pajak dicetak, Saudara diminta melaporkan kepada Kanter Pelayanan Pajak PERUSAHAAN NEGARAAOAERAH berapa jumlah Faktur Palak yang akan Saudara cetak. 3. ntuk Faktur p, A. Qalem hel Nomor Seri Faktur Pajak yang dicetak telah habis terpakai dan Saugara bermaksud akan mencetak lagi, diminta agar Saudara mefapor ke Kantor Pelayanan Pajak PERUSAHAAN NEGARA&OAERAH untuk diberikan Nomor Seri yang baru. 2 Denikianlah untuk . dimaklumi dan atas kerjasama yang baik diucapkan terims kasih. : Kasi PPN dan PTLL793002] 021 - 7980° ge 18 21-05-200; , RYA o.1 PANIAITAN 9% TNAKG TEMPE: WSRTA TIMUR — 98 tangaal 26 Januari 1995 ebscai berikut eral Pajak Nomor amosikan kepa: §. Mulai tanoga? 1 april 1995 : Faktu Pad K yang b sudah harus Nomor Kede “Seri wa cetak cemdiri serta isinva seperti conten 2 varnarva baik untuk lembar 4, lembar kerdua dan seterusnye (spabila diperlukan) dapat terdiri dari cnecna puri, Kemun bila dikehendaki, untuk lembar ke siper Siingink, ngan ukuran kwarte, Jampir. ya dapet vari rikan Kee n 99996 dan Stmules sampai dene: aktur Pajak dicetak. Saudeca Pajak PERUZANARN NEGARALOAE Saudara cetak. diminta melaporkat ke {8M berepa jumlah ada Kantor, iktur Paje 1 Balam hal Nomor Seri Faktur Pajak yang ele. tak telah habis terpakai den Ssudara bermaksud akan mencetak lagi, diminta agar Sauders melapor ¥2e Santor Pelayanan Pajak PERUSAMAAN + intuk diberikan Nomor Seri vang | imaklumi dan a Kerjasama yang baik diucapkea ae la ponte ah SAR \\ het seen Yih + Sirs Kasi PhrsdpyeyWOIVULNON — : Supa enavopy Gury eRUsuON coer LeoysEnieg UOEKIoY ANY EGIL ARUN nfNPRI ede, NVRXGYD ONYNH EME -=182U0pH !P UMENEG BTEC SER - Revd sS/eseass zez- 320 rTaL Deerzsgamssizeseer-aet Avs scizasoe-ez-s0e TAL ‘90019 VAIHO ‘NYTIHOIS ‘NGONTH ‘GVOU HINOS NIN NZY 4O NOUS HLY SHLGZ: = weyentowia “1 (h964 veruges 2 1e86uei“L061/1ue/05 : WON LWA UEELAYed YEWE UEsYEIed) _SHISY ISINALSHOM VSYF NYYIFVSANSE NYIHVARESS MEI (OSS: UodTe) ‘OLIZL EHR —nmeg URKEREY D2 OUON eRUATEG = i. v VISNNVIW VAVG YAENS NVC ISHNULSNOW NVVNISINSd NVGVECONTRACT DOCUMENT BOOK 1 LETTER OF INTENT PLTU KALIMANTAN SELATAN (2 X 65 MW)te PT PLN (PERSERO) Jalan Trunojoye Blok M 1/135 Kebayoran Baru - Jakarta 12160 ‘Teip. (021) 7261875, 7261122, 7262234 (021) 7251234, 7250550 Kotak Pos: 4322KBB Faximile : (021) 7221830 ‘Alamat Kawat: PLNPST Number 00598/1214/DITKIT/2008 March 4 , 2008 Your Ref. - Attachment = To Subject Letter of Intent of PLTU PT. Wijaya Karya ~ Consortium of Kalimantan Selatan 2x65 MW Chengda Engineering Corporation of Project China Jl. Di. Panjaitan Kav 9 Jakarta Gentlemen, Pursuant to the Bidding Document Book | Clause 1.28 ~ Notification of Award, it is the intent of PT PLN (Persero) to award a contract for PLTU Kalimantan Selatan 2x65 MW Coal Fired Steam Power Plant Project to Consortium of PT. Wijaya Karya — Chengda Engineering Corporation of China, subject to the successful resolution of exception to the bid specifications, which based on the Bid Documents, Addendums and your Bid Proposal (Technical, Administration and Price), including all subsequent clarifications given by you to PT PLN (Persero) during the bid evaluation. The contract award will be subject to the following conditions: 1. All items by letter during the Bid Evaluation shall be form and binding in the Contract Discussion Agreement and it is an integral part of the Contract. 2. The Contract Price shall be based on your Bid Offer of the main scope of work and the exclusion of optional scope. The price shall be inclusive with any tax, include VAT 10% and duty levied in Indonesia except import duty. Your Bid Offer as follows: USD 108.835.370,00 + IDR 405.713.768.515,00 (include VAT 10%) 3. Conformity with the plant performance guarantee stated in Schedule 6. Plant Performance Guarantee of your proposal. 4. Conformity with all laws and regulations of the Republic of Indonesia. a Letter of Intent shall not constitute any financial obligation to PT PLN (Persero). 6. The submission... Lol of PLTU Kalimantan Selatan (2 x 65 MW) MODEL 1001PT PLN (PERSERO) Halaman No. KANTOR PUSAT Surat No. . Tenggal 6. The submission of Performance Security in the amount of 10% of the total Contract Price including VAT 10% (USD & IDR) as stipulated in Bid Documents Book |, Part 2, Clause 2.9. Performance Security. 7. Conformity to extend the bid proposal and bid security validity for such period of time as may be necessary with the terms and conditions remain unchanged to ‘enable contract discussion to be completed within the period of validity. 8. Conformity to comply in all respect with the content and intent of the term of references and technical specification document except in respect of deviations and exceptions listed Schedule 3.2. as stipulated in Bid Documents Clause 1.9., Book |. 9. Conformity to do the Commercial Operation Date of the Plant at the end of period 24 months for unit 1 and 26 months for unit 2 from Contract Effective Date as stipulated in Schedule 4. Key dates in the Bid Documents. 10. Conformity with the use of Indonesian Manufactured Goods and Services as stated in your proposal, Schedule 3.10. 11. The local content (TKDN) minimum 45% should be performed in the Contract which has to be audited during Contract Implementation. 12. The Duties Foreign Construction Services Permit (jin Perwakilan Badan Usaha Jasa Konstruksi Asing) shall be submitted by foreign company prior to the Contract Signing Date. Upon consummation of the Contract between PT PLN (Persero) and Consortium of PT. Wijaya Karya ~ Chengda Engineering Corporation of China, this Letter of intent shall become an integral part of the Contract. Please acknowledge the receipt of this Letter of Intent and confirm your agreement to the conditions herein by returning, within 7 (seven) calendar days, the second copy of this Letter of Intent after signing by the duly authorized persons. Time and place. Lol of PLTU Kalimantan Selatan (2 x 65 MW) MODEL 1004PT PLN (PERSERO) Halaman No. Surat No, ‘Tanggel Time and place for the contract discussions will be confirmed as soon as the signed copy of this Letter of Intent has been received by PT PLN (Persero). Your immediate response will be highly appreciated, we remain. Acting for DIRECTOR OF GENERATION co.: PT PLN (Persero) Board of Direct We hereby agreed and accepted to the foregoing of Consortium of PT. Wijaya Karya - Chengda Engineering Corporation of China Name A Title ; President Director Date arta, March 10 2008 Signature Lolof PLTU Kalimantan Selatan (2 x 65 MW) MODEL 1004CONTRACT DOCUMENT BOOK 1 POWER OF ATTORNEY PLTU KALIMANTAN SELATAN (2 X 65 MW)The undersigned Name: Position: Herewith empowers: Name: Position: POWER OF ATTORNEY Cap Guang President of Chengda Engineering Corporation of China, domiciled in Chengdu and having its registered office at 28 the 4” Section, Remin South Road, Chengdu, P. RC. In these respects acting in his aforementioned capacity and as such for and on behalf of Chengda Engineering Corporation of Chine Gan Kejian Assistant President of Chengda Engineering Corporation of China To have full Power and Authority to sign and fill the EPC Contract Documents of the Kalimantan Selatan Coal Fired Steam Power Plant 2 x 65 MW Project from this Power of Attomey issued ‘This Power of Attorney is given with the right of substitution and obligation pursuant to the * law. President Proxy fé Gan KejianCONTRACT DOCUMENT BOOK 1 PERFORMANCE SECURITY PLTU KALIMANTAN SELATAN (2 X 65 MW)@) Ff & Gh 45 BANK OF CHINA PERFORMANCE GUARANTEE OUR REF NO. 1s.G0800041 ISSUING DATE July 2", 2008 To PT. PLN ( PERSERO } ADD JALAN TRUNOJOYO BLOK M 1/135 KEBAYORAN BARU, JAKARTA, INDONESIA. DEAR SIRS, PURSUANT TO THE AGREEMENT (HEREINAFTER CALLED THE ‘AGREEMENT’) WHICH SHALL BE ENTERED INTO BETWEEN PT PLN (PERSERO) (HEREINAFTER CALLED THE ‘OWNER’) AND CHENGDA ENGINEERING CORPORATION OF CHINA (HEREINAFTER CALLED "THE CONTRACTOR’), RELATING TO THE PLTU KALIMANTAN SELATAN 2X65 MW COAL FIRED STEAM POWER PLANT PROJECT AND AS THE GUARANTORS FOR THE PERFORMANCE OF THE CONTRACTOR'S OBLIGATIONS UNDER THE AGREEMENT, WE, BANK OF CHINA LIMITED, JAKARTA BRANCH HEREBY ESTABLISH OUR IRREVOCABLE GUARANTEE, NUMBER ISLGOB00041, IN YOUR FAVOR AND FOR THE ACCOUNT OF THE CONTRACTOR, FOR AN AMOUNT NOT TO EXCEED USDS,322,484,86 (SAY US DOLLARS FIVE MILLION THREE HUNDRED TWENTY TWO THOUSAND: FOUR HUNDRED EIGHTY FOUR AND. EIGHTY SIX CENTS) AND IDR19,873,763,725.79 (SAY INDONESIAN RUPIAH NINETEEN BILLION EIGHT HUNDRED SEVENTY THREE MILLION SEVEN HUNDRED SIXTY THREE THOUSAND SEVEN HUNDRED TWENTY FIVE POINT SEVEN NINE), AVAILABLE IMMEDIATELY. WE HEREBY AGREE TO MAKE PAYMENT TO THE OWNER UPON OUR RECEIPT OF THE OWNER’S FIRST WRITTEN DEMAND STATING = (1) THE AMOUNT TO BE PAID TO THE OWNER (2) THAT SUCH AMOUNT IS DUE TO THE OWNER PURSUANT TO THE AGREEMENT, AND (3) THAT NOTICE OF DEFAULT WAS PREVIOUSLY GIVEN TO THE CONTRACTOR. AND THE CONTRACTOR HAS FAILED TO PERFORM HIS OBLIGATION AS STIPULATED IN THE ‘AGREEMENT. PARTIAL DRAWINGS HEREUNDER ARE PERMITTED. WE SHALL BE ENTITLED TO RELY AND SHALL RELY UPON THE DEMAND OF OWNER PRESENTED HEREUNDER AND SHALL BE UNDER NO DUTY TO NOR SHALL WE INQUIRE INTO ANY Bank of China Limited Jakarta Branch ‘Adasess : Tamare Center Suite 101, 102 & 201 Tel. : (62-21) 520-5502 131, Jend, Sudinman Kav. 24 Fax, | (62-21) 520-1113, 520-7572 Jakarta 12920 Indonesia CSC : service ID@bank-of-china.comFS) 6 AT BANK OF CHINA WE HEREBY AGREE TO MAKE SUCH PAYMENT NOTWITHSTANDING ANY CLAIMS, DEMANDS OR OBJECTIONS BY OR INJUNCTION OBTAINED BY CONTRACTOR OR ANY OTHER PARTY WHATSOEVER. WE HEREBY WAIVE ANY RIGHT WE MAY HAVE OF FIRST REQUIRING OWNER TO PURSUE ITS LEGAL REMEDIES AGAINST CONTRACTOR AND WAIVE ANY PRESENTMENT, DEMAND, PROTEST OR NOTICE OF ANY KIND WHATSOEVER, WE HEREBY AGREE THAT THE AGREEMENT MAY BE MODIFIED, AMENDED OR SUPPLEMENTED WITHOUT (OUR CONSENT IN ANY -MANNER AND AGREE THAT NO SUCH MODIFICATION, AMENDMENT OR SUPPLEMENT SHALL RELEASE, AFFECT OR IMPAIR OUR LIABILITY UNDER THIS. GUARANTEE PROVIDED HOWEVER, ANY ADDITIONAL OR EXTENDED LIABILITIES BY ANY OF THESE MODIFICATION, AMENDMENT OR SUPPLEMENT SHALL NOT BE APPLIED TO THIS GUARANTEE AND OUR LIABILITIES OR ANY UNDERTAKINGS SHALL NOT BE ENLARGED UNDER THIS GUARANTEE WHATSOEVER. OUR OBLIGATIONS HEREUNDER ARE CONTINUING, ABSOLUTE AND UNCONDITIONAL IRRESPECTIVE OF THE VALIDITY, REGULARITY, ENFORCEABILITY OR VALUE OF THE AGREEMENT, AND WILL NOT BE IN ANY WAY AFFECTED BY ANY ACTIONS OR CIRCUMSTANCES WHICH MIGHT CONSTITUTE A LEGAL OR EQUITABLE DISCHARGE OR DEFENCE OF A GUARANTOR OR SURETY, [ALL OF WHICH ARE HEREBY EXPRESSLY WAIVED BY US. OUR PAYMENTS HEREUNDER SHALL BE MADE TO THE BANK ACCOUNT DESIGNATED BY THE OWNER, FREE AND CLEAR OF AND WITHOUT REDUCTION BY REASON OF ANY AND ALL PRESENT AND FUTURE TAXES, LEVIES, CHARGES OF WITHHOLDINGS WHATSOEVER, IMPOSED OR COLLECTED WITH RESPECT THERETO. THIS GUARANTEE SHALL BE EFFECTIVE FROM THE AGREEMENT SIGNING DATE AND SHALL. REMAIN VALID AND IN FULL FORCE AND EFFECT UNTIL THE EARLIER TO OCCUR OF (i) 30 DAYS AFTER RECEIPT BY US OF THE LAST CERTIFICATE OF FINAL ACCEPTANCE DULY SIGNED AND AUTHORIZED BY THE OWNER OR (ii) OCTOBER 5™, 2011. AT THE EXPIRY TIME OF THIS PERFORMANCE GUARANTEE, THIS PERFORMANCE GUARANTEE SHALL BE NULL AND VOID WHETHER THE ORIGINAL IS RETURNED TO US OR NOT. ‘THIS GUARANTEE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE REPUBLIC OF INDONESIA. = “ye Bank of China Limited Jakarta Branch ‘Address : Tamara Center Suite 101, 102 & 201 Tel. : (62-21) 520-5502 J. Jend. Sudirman Kav, 24 Fax, : (62-21) 520-1113, 520-7572 Jakarta 12920 Indonesia CSC : service ID@bank-of-china.com(®) FB Gh 47 BANK OF CHINA IN WITNESS WHEREOF, WE HAVE CAUSED THIS GUARANTEE TO BE EXECUTED BY DULY AUTHORIZED OFFICERS ON THIS 2° DAY OF JULY, 2008. BEST REGARDS. ZHANG LE! CHONG KIM HOO GENERAL MANAGER DEPUTY GENERAL MANAGER Bank of China Limited Jakarta Branch Address : Tamara Center Suite 101, 102 & 201 Tel. : (62-21) 520-5502 Tl, Jend. Sudirman Kav. 24 Fax. : (62-21) 520-1113, 520-7572 Jakarta 12920 Indonesia CSC : service ID@bank-of-china.com014986 PT. BANK RAKYAT INDONESIA (PERSERO) Tbk KANTOR CABANG KHUSUS Jalon Jondral Sudirman No. 44-46 PO Box 104 & 126, Jakarta Pusat, Indonesia Jelp : (021 570 9080 (14 lines) Fax : (021) 571 3395 Tel " KACEKABRI PERFORMANCE BOND {BANK GARANSI) "No. 020617080732 PT. PLN (Persero) SL Trunojoyo Blok M 1/135 Kebayoran Baru ‘Jakarta Indoncsia Dear Sirs Pursuant to the Agreement (the “Agreement”) between PT: PLN (Persero) (the “Owmer") and Consortium ofPT. Wijaya Karya and Chengda Engineecing Corporation of China (the “Contractor”) pursuant to Letter of Intent No, 00598/121/DITKIT/2008 dated March 04, 2008, relating to the PLTU Kalimantan Seltan 2 x65 MW and as the Guarantors for the performance of the Contractor's obligations under the Agreement, we PT. BANK RAKYAT INDONESIA (Persero) Tok. ~ Jakarta Special Branch, hereby establish our revocable Guarantee Number 020617080732 in your favor and for the account of the Contractor, for an ‘amount not to exceed Rp. 20.691.402.195,- ((wenty billion six hundred ninety one milion four hundred ‘to thousand one hundced ninety five rupiah only), available immediately ‘We hereby agree to make payment to the owner upon our receipt of Owner's first writen demand stating Q) the amount to be paid to the Owner —- ne — (@) that such amount is due to Owner pusuant to the Agreement, and —- {G) that notice of defnult was previously given to Contractor and the Contractor has filed to perform to obligation as stipulated in the Agreement. —-——~- —— util drawings hereunder are pecmitted, —-—-————-—~ — ‘We shall be entitled to rely and shall rely upon the demand of Owner presented hereunder and shall be ‘under no duty to nor shall we inquize into any circumstances relating to any demand. We hereby agree to ‘make such payment notwithstanding any claims, demans or objections by or court order or injunction ‘obtained by Cantractor or any other party whatsoever. —-—- — an We hereby waive any right we may have of first requiring Owner to pursue its legal remedies against Contractor and waive any presentment, demand, protest or notice of any Kind whatsoever, —-—————-———~ ‘We hereby agree that the Agreement may be modified, amended or supplemented without or consent in any manner and agree that no such modification, amendment or supplement shall release, affect or impair our Tiability under this Guarantee, meme ene a ‘Our obligations hereunder are continuing, absotute and unconditional inespective ofthe validity, regularity, ‘enforceability or value of the Agreement, and will not be in any way affective by any sctions or ‘ircumstances which might constitute a legal ar equitable discharge or defense of « guarantor or surety, all ‘of which are hereby expressly waived by us. —— — (Our payments hereunder stall be made to the Bank aocount designated by Over, fee and dear of and ‘without reduction by reason of any and all present and fire taxes, levies, charges of with holdings ‘Whatsoever, imposed or collected with respect thee, mmm em a “This Guarantee becomes effective from JULY 04, 2008 to OCTOBER 04, 2011 and any claims thereunder must be received at this office not later than 14 (fourteen) calendar days from expiry date, after ‘which petiod no elaims of whatsoever nature will be entertained, —————— — ‘This Guarantee shall be govemed by and construed in accordance with the laws of the Republic of IN WITNESS WHEREOF, we have caused this 19* day of Agustus 2008,DES ye 014990 PT. BANK RAKYAT INDONESIA (PERSERO) Tbk KANTOR CABANG KHUSUS Jelan Jondral Sudieman No, 44-48 PO Box 108 & 126, Jakarta Pusat, indonesis Tolp | (021) 570 9060 {44 lines) Fax : (021) 871 3395 Tolox : 6626, Cable : KACEKABAI PERFORMANCE BOND (BANK GARANSD) No. 020617080733 PT, PLN (Persero) Ji. Trunejeyo Blok M 1/135 Kebayoran Baru. ‘Jakarta Indonesta Dear Sis Pursuant to the Agreement (the “Agreement”) between PT. PLN (Persero) (the “Owner”) and Consortium Of PT. Wijaya Karya and Chengda Engineering Corporation of China (the Contractor”) pursuant to Letter fof Intent No. 00598/I2/DITKIT/2008 dated March 04, 2008, relating to the PLTU Kalimantan Sclatan 2 X65 MW and as the Guarantors forthe performance of the Contractor's obligations under the Agreement, We PT. BANK RAKYAT INDONESIA (Pessero) Tbk. - Jakarta Special Branch, hereby establish our irrevocable Guarantee Numbes 020617080733 in your favor and for the sceount of the Contractor, for ‘amount not to exceed USD. $,550,608.00 (US, Doilars five million five hundred fifty thousand six hundred four only), available immediately. ~~ — We hereby agree to make payment to the owner upon our receipt of Owner's first writen demand stating (D) the amount to be paid to the Owner — @ that such amount is due to Owner pusuant tothe Agreement, and —- G) that notice of default was previously given to Contractor and the Contractor has failed to perform to his ‘obligation as stipulated in the Agreement. a - arti drawings hereunder are permitted. ‘We shall be entitled to rely and shall rely upon the demand of Owner presented hereunder and shall be ‘under no diy to nor shall we inquife info any circumstances relating to any demand. We hereby agree to ‘make such payment notwithstanding eny claims, desnands or objections by or court order or injunction obtained by Contmctor or any other party whatsoever. — —— We hereby waive any right we may have of first requiring Owner to pursue its legal remedies against Contractor and waive any presentment, demand, potest or notice of any Kind Whatsoovet.—----———— “We hereby agree that the Agreement may be modified, amended or supplemented without ar consent in any ‘manner and agree that no such modifiction, amendment or supplement shall releese, affect or impair our Liability under this Guarantee, -——- a — (Our obligations hereunder are continuing, absolute and unconditional respective ofthe validity, regularity, enforceability of value of the Agreement, and will not be in any way affective by any actions or ‘iroumstances which might constitute « legal or equitable discharge or defense of « guarantor or surety, all ‘of which are hereby expresaly waived by us. ~ — Our peyments hereunder shall be made to the Bank account designated by Ovmer, ftee and clear of and without rednction by reason of ary and all present and future taxes, levies, charges of with holdings ‘whatsoever, imposed or colleted with respect thereto. — scatter ‘This Guarantee becomes effective fiom JULY 04, 2008 to OCTOBER 4, 2011 and any claims thereunder must be received at this office not later than 14 (fourteen) calendar days fram expiry date, after ‘which period no claims of whatsoever nature will be entertained, -—=——-———-— a ‘This Guarantee shall be govemed by and constnued in accordance with the laws of the Republic of Indonesia, <—-———— — —— this 19 day of August 2008. Se7GyCONTRACT DOCUMENT BOOK 1 PLANT PERFORMANCE GUARANTEE (SCHEDULE 6) PLTU KALIMANTAN SELATAN (2 X 65 MW)61 62 ‘The Technical Contract Documents ‘SCHEDULE 6 Guarantees SCHEDULE 6 —- PLANT PERFORMANCE GUARANTEES DESIGN, MATERIALS AND WORKMANSHIP Wika-Chengda guarantees that the Works described in his Bid Proposal will conform to all the requirements of the Contract Document, be suitable for the service specified, and that all equipment will be designed to meet the performance requirement related to operation under seismic conditions as specified and be free from design, manufacturing and material defects. Wika-Chengda also guarantees that he will, at the convenience of and without charge to the Owner, replace or repair any of the works or portion thereof which proves defective as a result of faulty materials or workmanship within the Warranty Period. PLANT PERFORMANCE GUARANTEE, Wika-Chengda shall guarantee the following Plant Performance Data based on the following MCR (Maximum Continuous Rating) condition Ambient air ‘Temperature 33°C Relative Humidity 83% Barometric pressure 1013 mbar River water temperature 30°C Operating conditions of all cases are as follows: Main steam, (at turbine generator inlet): Pressure 90 bar Temperature 535°C Condenser pressure 0.085 mbar Make up water 0% Power factor 0.85 Fuel heating value (HHV) 4000 kcal/kg (coal) Frequency 50 Hz Wika-Chengda fails to meet these performance guarantee parameter shall be subjected to the provision as specified in Part 3, Clause 4, Liquidated Damages. Behe PLTU Kalimantan Selatan (2 X 65 MW) # py