JOINT STATEMENT BETWEEN THE MINISTRY OF ENERGY AND MINERAL RESOURCES OF THE REPUBLIC OF INDONESIA AND THE MINISTRY OF ENERGY, GREEN TECHNOLOGY AND WATER OF MALAYSIA ON THE ACCELERATION OF THE IMPLEMENTATION OF POWER, INTERCONNECTION PROJECTS BETWEEN INDONESIA-MALAYSIA UNDER ASEAN POWER GRID FRAMEWORK Bali, Indonesia, 12 Februari 2016, Abilateral meeting between the Minister of Energy and Mineral Resources of the Republic of Indonesia, H.E. Sudirman Said, and Minister of Energy, Green Technology and Water of Malaysia, H.E. Datuk Seri Panglima Dr. Maximus Johnity Ongkili, was held in Bali, Indonesia, 12 February 2016. The Ministers recognized the achievements under the ASEAN Plan of Action on Energy Cooperation (APAEC) 2010-2015 and considered the APAEC 2016 — 2025 Phase | (2016 - 2020), which encourages the implementation of the ASEAN Power Grid, especially a bilateral power interconnection between Indonesia and Malaysia The Ministers desired to strengthen the bilateral relations between the two countries in the field of electricity, based on principles of equality, mutual benefit, and sovereignty. The Ministers also acknowledged the importance of electricity supply to the sustainable economic growth and development of both countries through fair bilateral electricity trading.4. The Ministers referred to the Memorandum of Understanding on the ASEAN Power Grid, signed in Singapore, 23 August 2007, as the umbrella of the implementation of the power interconnection projects between Indonesia and Malaysia, namely: a. The Peninsular Malaysia (Malacca) ~ Sumatera (Pekanbaru); b. Sarawak (Kuching) — West Kalimantan (Pontianak); c. East Sabah (Tawau) — North Kalimantan (Tarakan) 5. The Ministers agreed to accelerate the implementation of the power interconnection projects between Indonesia and Malaysia under the ASEAN Power Grid Framework, through the establishment of the Malaysia-Indonesia Joint Technical Committee, which is reflected in the Terms of Reference (appendix). DONE in Nusa Dua, Bali, Indonesia on /-2.-.02,-29#in two original copies, in the English language, all texts being equally authentic. For the Ministry of Energy For the Ministry of Energy, and Mineral Resources Green Technology and Water of of the Republic of Indonesia Malaysia Oa Zoe judirman Said Y.B. Datuk Seri Panglima Minister Dr. Maximus Johnity Ongkili Minister