Brief Overview

• We use thermochemical method for WTE program, with daily in‐take of 500 tons of waste and assuming 62% of the waste are organic for
5 MW power plant.
• The 5MW power plant with 95% efficiency, could produce energy of 4,750 kwh electricity, or equals to 36,195MW electricity per year, in
average (after considering time for maintenance and overhaul).
• For this project, our capital requirement is USD 19.29 million, as follows:
Capital Expenditure & Working Cap in USD

Capital Expenditure 18,595,221

Working Capital (IDC, Personnel for 6 months, Land Lease 1st Year) 693,760
Total Capital Expenditure & Working Capital 19,288,981
• Funding from equity is expected USD 6.3 million and bank loan is USD 13 million (5.01% effective rate for 9 years, including grace period)

Funding in USD

Equity 6,272,326
Bank Loan (70% of Capital Expenditure) 13,016,655
Total 19,288,981

• We aim to obtain Purchase Power Agreement of USD 0.1877 per kwh, in accordance with Government regulation (Minister of Energy and
Mineral Resources No. 44/ 2015) and a 25‐year‐contract with PLN.
• Our revenue is estimated USD 6.7 million revenue per year, in average.
• Based on our 25‐year valuation, the project IRR is 22.09% and our payback period is 5.12 years after fully operational or 7.12 years from
construction period.
Financial Assumption
General Assumptions Waste Capacity…
USD Exchange Rate IDR/USD IDR 13,700 Waste to Energy
EUR Exchange Rate IDR/EUR IDR 15,000 (WTE) Tons 310 Tons/ Day
Inflation Rate % 7 Tons 113,150 Tons/ Year
894,350 Mj/Day
Calender day/year day 365 326,437,750 Mj/ Year
Maintenance day/year day 40 248,629 Kwh/ Day
Operating hour/day hour 24 90,749,695 Kwh/ Year
Overhaul per unit/3 years day 30

Waste Capacity Production

Waste Capacity Tons 500 Tons/ Day Power Plant Method Bioligical Process
Tons 182,500 Tons/ Year Power Plant Capacity
Phase 1 5,000 Kw
Waste Composition: Solid Waste % Caloric kj/kg Moisture %
Weight/ Volume BioGTS 6,600 M3
Organic 62% 2,885 43.40% Biogas production capacity 19,552,300 Nm3/y
Paper 9% 1,508 0.54% Methane 10,753,800 Nm3/y
Plastic 14% 4,560 0.28% Energy: 104,300 MWh/y
Glass 2% 3 0.04% Electricity 4,750 KWE
Metal 2% 14 0.06% Thermal 6,000 KW
Textile 4% 70 0.40% 10,000 m
2
Land Area
Innert 7% 50 0.56% 2
Plant Area 3,250 m
Financial Assumption
Revenue Assumption
Selling Price according Permen 44/2015 USD 0.1877

Cost Assumption

Spares & Consumables

Internal Electricity Consumption 278 MWh/year
Spareparts & Consumables EUR 142,500 EUR/ Year

Land Lease
Basic Taxable Land Price/NJOP IDR 125.000,000 IDR / Year
Land Lease % from NJOP IDR 250,000 IDR /m²
Growth Land lease every 5 year,
inflation rate % 5

General & Adm Expenditure

Car Rental IDR 120,000,000 IDR/Year

Other General & Adm Exp IDR 10,000,000 IDR/Year

Insurance % 0.25 From Capex

CSR USD 2.5 USD/Ton

Estimated Unorganic 135 Ton/day

Depreciation % 10 (Tax Incentives)

Income Tax % 25