ROOFTOP PV

BUSINESS SOLUTION
2020
 DISCLAIMER

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reproduction or distribution of this document or any of its contents in any form or under
any circumstances without prior written consent is prohibited.

The information contained in this document will require careful scrutiny, verification and
due diligence efforts from the Recipients of the document. Any person or entity seeking
to make an investment in the business should not rely on the information set forth in the
document as complete.

PT. TRIPATRA MULTI ENERGI (TIME)

 INTRODUCTION TO
TRIPATRA MULTI ENERGI
 TIME in the Indika Energy Group (1)
Indika Energy is an investment holding and Indonesia’s leading integrated energy company

PT. Indika Energy Tbk.

1 Energy
EnergyResources
Resources 2 Energy Services 3 Energy Infrastructure 4 Other Portfolio

   

- 3rd largest coal producer and - Investment in gold mining

- Major integrated coal transport company
one of the lowest cost coal - 46 years and logistics services company - 19.9% ownership
producers - Leading EPC and O&M - Long-term relationships with
- Resources 1,375mt, reserves services in oil & gas and top Indonesian coal producers
422mt power plant development - 51% ownership

- 91% ownership - 100% ownership
- Digital transformation

  
- 660MW independent power
- Bituminous thermal and
- 47 years plant in operations; 1000MW
coking coal reserves
- Major coal contract miner to be completed by 2022
- Resources 75.2mt, reserves - Enterprise ICT services
with E&C mining capabilities - Enviro-friendly supercritical
40.6mt
- 69.8% ownership technology
- 100% ownership

 - Integrated logistics services
 . - Fuel storage development and
- Coal trading volume 7.0mt operations
- Renewable Energy Developer
and Investment Company

4
*Companies within Indika Energy Group being mentioned on this slide are non-exhaustive
 TIME in the Indika Energy Group (2)
Tripatra Multi Energi is our sub-holding company which focuses on capitalizing eco-friendly and
renewable energy as well as energy infrastructure

Cirebon Power I & II

Eco-friendly power (ultra-super critical coal power), geothermal power

Eco-Friendly Energy

Solar power, wind power, biomass power, energy storage, hybrid power plant, energy
Renewable Energy conservation, bio-tech, bio-fuel, waste management, water management

Energy EPC, project & infrastructure management, upstream, midstream, downstream

Infrastructure

5
 TIME Business Focuses
Tripatra Multi Energi businesses are focusing on eco-friendly energy, renewable energy,
and energy infrastructure aiming for sustainable impacts
Solar PV
(On-grid, Rooftop)
Eco-Friendly Power Waste to Power & Management,
Plant Biomass, Biogass

Eco-Friendly Energy

Sustainable Impact

Technology & Innovation

Energy Storage Water Management
Energy Infrastructure

Gas to Power Wind Power

Smart Grid

VISION:
Leading strategic investment company focusing on the sustainable solutions for the
good of mankind
6
 TIME Portfolio and Core Competence
Tripatra Multi Energi has strong presence in the energy infrastructure businesses, which
have and will support our other businesses.

PORTOFOLIO

Eco-friendly Energy

40
PT. Cirebon Power
years of
experience.
 660MW independent power plant in operations; 1000MW to
be completed by 2022 We have expertise in the
 Enviro-friendly supercritical technology
energy infrastructure field from
our EPC and engineering
companies.
Energy Infrastructure
We bring this experience and
PT. Tripatra Engineers & Constructors know-how to develop our
PT. Tripatra Engineering business pipelines.
 46 years
 Leading EPC and O&M services in oil & gas and power plant
development

7
37 TIME Solar PV Business Pipeline 38

We have been developing business in all Indonesian region

409kWp ROOFTOP PV
100kWh BATTERY HYBRID

10MWp/5MWh 2MWp ROOFTOP SOL AR

SOLAR HYBRID 12MW MFO DIESEL & 10MWp +

4.2MWh SOLAR BATTERY HYBRID

5MWp
SOLAR ROOFTOP

50MWp SOLAR FARM

50MWp SOLAR FARM 7MWp SOLAR FARM
1.6MWp ROOFTOP SOLAR
5MWp & 1M Wh SOL A R FARM
 INTRODUCTION TO
ROOFTOP PV CONCEPT
How Does It Work?
On-Grid Solar PV provides electricity by converting solar irradiation. And when connected in
parallel with the Grid, the Grid will inject less electricity to balance the supply – demand.
 Energy and Cost Savings Concept
Solar PV implementation will reduce electricity supplied from the Grid.
Which in turns, reduced the energy bill.

Before implementation of Rooftop PV After implementation of Rooftop PV

Supplies 10%*
electricity demand

Pays 100% Rooftop PV

electricity supplied

Pays 90%
Supplies 100% electricity supplied
Facility electricity demand PLN

Supplies 90%
electricity demand
Facility PLN

Self-generation reduces energy imported from the grid.

Which in turn, save the energy bill.

*The energy generated varies (depend on available space for installation and solar irradiation).
 Energy and cost savings illustrations
Solar PV supplies electricity during daylights, reducing grid supplies during the same time.

9,000

8,000

7,000

6,000
Load (kWh)

5,000

4,000

3,000

2,000

1,000

-
0:00 2:00 4:00 6:00 8:00 10:00 12:00 14:00 16:00 18:00 20:00 22:00
Hour PV Production PLN Load
Without Rooftop PV With Rooftop PV This is for illustrative purpose only,
showing that by im plementing Rooftop
Electricity supply
PV, the c lient uses less PLN electricity.
PLN 100% 90% Thus, reducing the m onthly electricity bill.
Rooftop PV* N/A 10%
Rooftop PV is connected and
PLN Electricity Bill 100% 90% synchronized with the PLN Grid.

*Rooftop PV tariff will be discussed at a later development stage.

TRIPATRA MULTI ENERGI
ROOFTOP PV SOLUTION
 Tripatra Multi Energi Value Preposition
Reliable technology and sustainable impacts with cost-competitive pricing.

RELIABLE SUSTAINABLE COST-COMPETITIVE

• No interruption to • We support your • No investment cost
your factory vision in needed from the client.
operation is our main sustainability.
priority. • Our price always be
• Even after the lower than your local
• We select best-in- contract ends, our tariff.
class EPC and O&M solution lasts up to
provider. 30 years after • Immediate saving effect
installation. to you current bill.
• Performance
warranty throughout • Boost your exposure
the contract in the media about
green campaign.
 Rooftop PV Business Solution
Lease to own scheme makes zero investment on the client side while having reduced
energy bill effect.

LEASE TO OWN

Performance guarantee
BENEFITS OF OUR BUSINESS SCHEME:
 No investment required before
Monthly Payment1
commissioning. TIME & Partner
 Capital investment spreads across
Finance & Manage Supply
multiple years of lease payments (15- Electricity
25 years)1. Rooftop PV The Client
 Fully transferred to the client at the
end of lease period. Supply less electricity
 Exponential increase in savings after EPC O&M bill savings
Contractor Provider Build & Maintain
lease period2.
 Performance guarantee for lease term. PLN
 Free O&M and monitoring service.

1Repayment will be based on the gross split of savings earned, with a tariff lower than client’s local electricity tariff.
1The repayment duration will depend on the investment value and local tariff.
OPPORTUNITY AT SPINDO
Savings Opportunity at SPINDO I
Preliminary estimation using google earth and desktop simulation

Descriptions

Location : Surabaya, Lat -7.328131° Long 112.761131°

Rooftop Area : 2.1 Ha
PV area : 70% (Industry Benchmark)
PV per Area : 0.65 Ha / MWp

Savings Opportunity Simulation

PV Capacity potential : 2.2 ~ 2 MWp

Yield : 1,411 kWh/kWp (net)
Energy output : 2,822 MWh/year
Monthly output : 235 MWh/month

Disclaimer and remarks:

• Rough estimation based on google maps data. Detailed roof layout is
needed for accurate potential mapping.
• Preliminary estimation based on estimated roof space, spacing factor,
and 400Wp panel sized 2m2.
• Annual production potential is based on SolarGis, several details need
to be adjusted according to factory condition.
• Detailed engineering design and simulation are needed to estimate
more accurate savings from PV production.
Savings Opportunity at SPINDO IV
Preliminary estimation using google earth and desktop simulation

Description

Locatiion : Pasuruan, Lat -7.578527°Long 112.728662°

Rooftop Area :3.1 Ha
PV area : 70%

Savings opportunity simulation

PV Capacity potential : 3.3 ~ 3 MWp

Yield : 1,326 kWh/kWp (net)
Energy output : 3,977 MWh/year
Monthly output : 330 MWh/Month

Disclaimer and remarks:

• Rough estimation based on google maps data. Detailed roof layout is
needed for accurate potential mapping.
• Preliminary estimation based on estimated roof space, spacing factor,
and 400Wp panel sized 2m2.
• Annual production potential is based on SolarGis, several details need
to be adjusted according to factory condition.
• Detailed engineering design and simulation are needed to estimate
more accurate savings from PV production.
 Savings Opportunity Estimation at SPINDO I & IV
Preliminary estimation using 10% discount of PLN rate with 5% annual escalation

Figure below shows the annual savings and cumulative savings from Implementation of Rooftop PV at SPINDO
I & IV. This is based on the assumption 10% discount of PLN Tariff, 10%*1,035 IDR/kWh with PPJ 8% and 5%
tariff escalation. Based on the historical CAGR, the PLN Tariff is escalated at 6.6% rate for 20 year CAGR.
In 2020 Tariff is 1,035 IDR/kWh while in 2000 Tariff is 263 IDR/kWh. The unit is in IDRmn or Juta Rupiah.
Based on 20 years contract duration, hence free PV cost/full savings for 21-25 years.
Cumulative Savings With PV Savings PLN
25,000 140,000
25 years cumulative savings is 122,000 IDRmm
20 years avg.annual savings is 1,200 IDRmm
120,000
20,000
21-25 Full savings 99,000 IDRmm
PV Tariff 90%*1,305*(1+PPJ) 100,000
Savings 10%*1,035*(1+PPJ)
15,000
80,000

60,000
10,000

40,000
5,000
20,000

- -
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25

Disclaimer and remarks:

• Rough estimation based on google maps data. Detailed roof layout is needed for accurate potential mapping.
• Preliminary estimation based on estimated roof space, spacing factor, and 400Wp panel sized 2m2.
• Annual production potential is based on SolarGis, several details need to be adjusted according to factory condition.
• Detailed engineering design and simulation are needed to estimate more accurate savings from PV production.
TIME BUSINESS
APPROACH
Business Approach
We would like to select project cases then scale and replicate the same approach to your
business group.

Project
Implementation
Scale (Apply
similar approach
to other sites)
Business Proposal

Design &
Calculation
(Savings
opportunity)
Select a
Project Case
 Expected Project Schedule
Timeline will vary between each project

M1 M2 M3 M4 M5 M6
Data Collection
Electricity bills

Connection capacity

Daily load profile

Office/factory working hours profile

Rooftop layout

Simulation and Design

Business proposal
Implementation
 LET’S DISCUSS

Contact:
Indy Bintaro Office Park
Jl. Boulevard Bintaro Jaya Blok B7/A6 Sektor VII
CBD Bintaro Jaya, Tangerang Selatan15224
Ph.+62 21 297 70700, +62 21 27891000 (hunting)
F. +62 21 297 70701