SCHEDULE 1

APPENDIX G ATTACHMENT A

AGREED VALUES

The Payment Formulas use the following agreed values. Several of these agreed values are
subject to further adjustment in the manner specified in Attachment B.

The following values will vary from Contract Year to Contract Year as specified in this Attachment
A:

CC = The Contract Capacity for the Plant (in kW), on and after Commercial Operation
Date

MHL = The upper limit (in kWh) includable for any hour in the calculation of the actual
availability factor AFa for a Billing Period. ( MHL = CC * 1 hr )

SO = Annual Allowance for scheduled maintenance hours (in total hours for the Plant).

AFp = Agreed Availability Factor (in %) for each Contract Year.

The values for CC, MHL, SO, and AFp for each Contract Year are given in the following table.

CC and MHL are specified in the table in MW and in MWh per hour, respectively.

4
 CONTRACT CC MHL SO
AFp
YEAR (MW) (MWh/hr) (hr/Plant)

1 55 55 1752 80%

2 55 55 1752 80%

3 55 55 1752 80%

4 55 55 1752 80%

5 55 55 1752 80%

6 55 55 1752 80%

7 55 55 1752 80%

8 55 55 1752 80%

9 55 55 1752 80%

10 55 55 1752 80%

11 55 55 1752 80%

12 55 55 1752 80%

13 55 55 1752 80%

14 55 55 1752 80%

15 55 55 1752 80%

16 55 55 1752 80%

17 55 55 1752 80%

18 55 55 1752 80%

19 55 55 1752 80%

20 55 55 1752 80%

21 55 55 1752 80%

22 55 55 1752 80%

23 55 55 1752 80%

24 55 55 1752 80%

25 55 55 1752 80%

26 55 55 1752 80%

27 55 55 1752 80%

28 55 55 1752 80%

29 55 55 1752 80%

30 55 55 1752 80%

FOMRF = Fixed Operation & Maintenance Cost Recovery Charge Rate, in respect of non-
Rp costs per kW to be used, in the calculation of Component B of the Capacity
Payment (in Rp per kW-year)

Schedule 1 | 1
 FOMRF = 277,449.16 Rp per kW-year

FOMRL = Fixed Operation & Maintenance Cost Recovery Charge Rate, in respect of Rp
costs per kW to be used, in the calculation of Component B of the Capacity
Payment (in Rp per kW-year)

FOMRL = 277,449.16 Rp per kW-year

VOMRF = Variable Operation & Maintenance Cost Recovery Charge Rate, in respect of
non-Rp cost per kWh of energy produced, to be used, in the calculation of
Component D of the Energy Payment.

VOMRF = 1.77 Rp per kWh

VOMRL = Variable Operation & Maintenance Cost Recovery Charge Rate, in respect of
Rp costs per kWh of energy produced, to be used, in the calculation of
Component D of the Energy Payment.

VOMRL = 5.32 Rp per kWh

HHV = Higher Heating Value of coal (in kcal/kg), to be used in the calculation of the
Energy Charge Rate.

HHV = 4,282 kcal/kg

SHRcc = the Specific Heat Rate (in Kcal/kWh) the amount of energy required from fuel
inputs to produce one kWh of net electrical energy at Contract Capacity, to be
used in the calculation of Component C of the Energy Payment.

SHRcc = 3,350 kcal per kWh

P = Delivered Price in Rp/kg to be used in the calculation of Energy Charge Rate

ECR.

P = 295.801 Rp/kg

SHRWPL = Specific Heat Rates at partial loads, to be used for purposes of calculating
SHRW in accordance Attachment D.

1
The amount of Delivered Price (P) will be adjusted from time to time by referring to the
applicable Harga Batubara Acuan at FOB Barge.
Schedule 1 | 2
 SCHEDULE OF PARTIAL HEAT RATES

Schedule of Partial Heat Rates for the case when one Unit is in operation :

PARTIAL HEAT RATES PARTIAL HEAT RATES

Heat Rate Plant Load Heat Rate
Plant Load (MW) % of Load % of Load
(kcal / kWh) (MW) (kcal / kWh)

> 27.500 > 100 % 3350 20.625 75 % 3685

27.500 100% 3350 20.350 74% 3698.4

27.225 99% 3363.4 20.075 73% 3711.8

26.950 98% 3376.8 19.800 72% 3725.2

26.675 97% 3390.2 19.525 71% 3738.6

26.400 96% 3403.6 19.250 70% 3752

26.125 95% 3417 18.975 69% 3765.4

25.850 94% 3430.4 18.700 68% 3778.8

25.575 93% 3443.8 18.425 67% 3792.2

25.300 92% 3457.2 18.150 66% 3805.6

25.025 91% 3470.6 17.875 65% 3819

24.750 90% 3484 17.600 64% 3832.4

24.475 89% 3497.4 17.325 63% 3845.8

24.200 88% 3510.8 17.050 62% 3859.2

23.925 87% 3524.2 16.775 61% 3872.6

23.650 86% 3537.6 16.500 60% 3886

23.375 85% 3551 16.225 59% 3899.4

23.100 84% 3564.4 15.950 58% 3912.8

22.825 83% 3577.8 15.675 57% 3926.2

22.550 82% 3591.2 15.400 56% 3939.6

22.275 81% 3604.6 15.125 55% 3953

22.000 80% 3618 14.850 54% 3966.4

21.725 79% 3631.4 14.575 53% 3979.8

21.450 78% 3644.8 14.300 52% 3993.2

21.175 77% 3658.2 14.025 51% 4006.6

20.900 76% 3671.6 13.750 50% 4020

Note: Plant load is DL or AL as required for the purposes of Attachment D.

Schedule 1 | 3
 Schedule of Partial Heat Rates for the case when two Unit is in operation :

PARTIAL HEAT RATES PARTIAL HEAT RATES

Heat Rate Plant Load Heat Rate
Plant Load (MW) % of Load % of Load
(kcal / kWh) (MW) (kcal / kWh)

> 55.00 > 100 % 3350 41,25 75 % 3685

55,00 100% 3350 40,70 74% 3698.4

54,45 99% 3363.4 40,15 73% 3711.8

53,90 98% 3376.8 39,60 72% 3725.2

53,35 97% 3390.2 39,05 71% 3738.6

52,80 96% 3403.6 38,50 70% 3752

52,25 95% 3417 37,95 69% 3765.4

51,70 94% 3430.4 37,40 68% 3778.8

51,15 93% 3443.8 36,85 67% 3792.2

50,60 92% 3457.2 36,30 66% 3805.6

50,05 91% 3470.6 35,75 65% 3819

49,50 90% 3484 35,20 64% 3832.4

48,95 89% 3497.4 34,65 63% 3845.8

48,40 88% 3510.8 34,10 62% 3859.2

47,85 87% 3524.2 33,55 61% 3872.6

47,30 86% 3537.6 33,00 60% 3886

46,75 85% 3551 32,45 59% 3899.4

46,20 84% 3564.4 31,90 58% 3912.8

45,65 83% 3577.8 31,35 57% 3926.2

45,10 82% 3591.2 30,80 56% 3939.6

44,55 81% 3604.6 30,25 55% 3953

44,00 80% 3618 29,70 54% 3966.4

43,45 79% 3631.4 29,15 53% 3979.8

42,90 78% 3644.8 28,60 52% 3993.2

42,35 77% 3658.2 28,05 51% 4006.6

41,80 76% 3671.6 27,50 50% 4020

Note: Plant load is DL or AL as required for the purposes of Attachment D.

Schedule 1 | 4
CCR = Capital Cost Recovery Charge Rate (in Rp per kW-year) to be used in the
calculation of Component A of the Capacity Payment for performance up to and
including AFpm for the Billing Period.

CCR for year 1-10 = 4,001,836.79 Rp per kW - year

CCR for year 11-20 = 1,080,409.50 Rp per kW - year

CCR for year 21-30 = 480,566.15 Rp per kW - year

CCRT = Capital Cost Recovery Charge Rate (in Rp per kW-year) for the Transmission Line
to be used in the calculation of Component E of the Capacity Payment.

CCRT for year 1-10 = 578,235.16 Rp per kW year

CCRT for year 11-20 = 156,443.30 Rp per kW year

CCRT for year 21-30 = 69,146.21 Rp per kW year

CCRa = Capital Cost Recovery Charge Rate ( as a % of CCR m in effect) to be used in the
calculation of Component A of the Capacity Payment for performance above AFpm
for the Billing Period.

CCRa = 50% ( of CCRm in effect )

Schedule 1 | 5
 APPENDIX G ATTACHMENT B

ADJUSTMENTS TO CHARGE RATES

The Charge Rates used in the Payment Formulas shall be adjusted in accordance with the
provisions set forth in this Attachment B.

The four Charge Rates subject to adjustment are:

Capacity Component A : CCR

Capacity Component B : FOMR
Energy Component C : ECR
Energy Component D : VOMR

In addition to the four Charge Rates, Component E is also subject to adjustment.

The adjustment mechanism for each is described below.

CAPACITY COMPONENT A: CCR

The charge rate CCR to be used for any Billing Period m shall be the rate to be applied in such
Billing period as specified in Attachment A after such charge rate has been adjusted in accordance
with this Attachment B.

To determine CCR for any Billing Period, the value of CCR applicable to such Billing Period, in
accordance with Attachment A, shall be adjusted as follows:

CCRm = CCR * ( RDm / RDb )

Where:

CCRm = CCR for the Billing Period m.

CCR = Capital Cost Recovery Charge Rate applicable to such Billing Period as specified
in Attachment A.

RDm = Indonesian Rupiah to US$ exchange rate to be applied for Billing Period m in
accordance with Appendix P.

RDb = Rp.9860 being the agreed base exchange rate of Rupiah to US$1.00.

CAPACITY COMPONENT B: FOMR

The charge rate FOMR applied in any Period m (FOMRm) shall consist of the sum of the values for
FOMRFm and FOMRLm calculated as follows:

Schedule 1 | 6
 FOMRFm = FOMRF * ( CPI/CPIb ) * ( RDm / RDb )

FOMRLm = FOMRL * ( ICPI/ICPIb )

Where:

FOMRFm = Fixed O&M Cost Recovery Charge Rate (in Rp per kW-year) in respect of non-Rp
based fixed O&M costs to be used in the calculation of Component B of the
Capacity Payment for Billing Period m.

FOMRLm = Fixed O&M Cost Recovery Charge Rate (in Rp per kW-year) in respect of Rp
based fixed O&M costs to be used in the calculation of Component B of the
Capacity Payment for Billing Period m.

FOMRF = The value for FOMRF specified in Attachment A.

FOMRL = The value for FOMRL specified in Attachment A.

CPI = For any Billing Period, the Consumer Price Index for the United States as
reported by the United States Bureau of Statistics for September of the calendar
year preceding the calendar year in which Billing Period occurs, provided that
until 31 December 2013 CPI shall equal CPIb; provided, however, that if, due
solely to the default of SELLER or its Contractor, the Commercial Operation Date
is not achieved in 2013 this date will be changed to 31 December of the COD
year.

CPIb = Consumer Price Index for the United States as reported by the United States
Bureau of Statistics for September 2012 ; provided, however, that if, due solely
to the default of SELLER or its Contractor, the Commercial Operation Date is not
achieved in 2013, this date will be changed to September of the calendar year
preceding the COD year.

RDm = As previously defined.

RDb = As previously defined.

ICPI = For any Billing Period, the General Consumer Price Index for 27 Capital Cities in
Indonesia ("Indeks Harga Konsumen (IHK) Umum Gabungan Kota-Kota
Indonesia") as reported by the "Badan Pusat Statistik" Jakarta Indonesia, for
September of the calendar year preceding the calendar year in which such
Billing Period occurs, provided that until 31 December 2013 ICPI shall equal
ICPIb; provided, however, that if, due solely to the default of SELLER or its
Contractor, the Commercial Operation Date is not achieved in 2013, this date
will be changed to 31 December of the COD year.

ICPIb = The General Consumer Price Index for 27 Capital Cities in Indonesia ("Indeks
Harga Konsumen (IHK) Umum Gabungan Kota-Kota Indonesia") as reported by
the "Badan Pusat Statistik" Jakarta Indonesia for September 2012 provided,
however, that if, due solely to the default of SELLER or its Contractor, the
Commercial Operation Date is not achieved in 2013 this date will be changed to
September of the calendar year preceding the COD year.

Schedule 1 | 7
ENERGY COMPONENT C: ECR

The price of coal (in Rp/kg) applied in each Billing Period m (Pm) shall be calculated as follows:

Pm = P Fm + P Lm

The foreign portion price of coal (in Rp/kg) applied in each Billing Period m (P Fm) shall be calculated
as follows:

CPI C RDm
P Fm = 0.6 x P x x
CPI Cb RDb

The local portion price of coal (in Rp/kg) applied in each Billing Period m (P Lm) shall be calculated
as follows:

FPm ICPI C LWm

PLm = 0.4 x P x 0.38462 0.38462 0.23076
FPb ICPI Cb LWb

Where,
Pm = The Delivered Price for coal in (Rp/kg) for such Billing Period m.
PFm = The Delivered Foreign Portion Price for coal in (Rp/kg) for such Billing Period m
PLm = The Delivered Local Portion Price for coal in (Rp/kg) for such Billing Period m
P = The Delivered Price of coal in Rp/kg as specified in Attachment A (agreed value)
FPm = Indonesian High Speed Diesel Fuel Price for industry (Rp/liter) at the time of billing
period m
FPb = Indonesian High Speed Diesel Fuel Price for industry (Rp/liter) at the time of this
Amendment signing
CPIC = For any Billing Period, the Consumer Price Index for the United States as reported by
the United States Bureau of Statistics for the month preceding the month in which
Billing Period occurs,
CPICb = Consumer Price Index for the United States as reported by the United States Bureau of
Statistics for month during this Amendment signing;
ICPIC = For any Billing Period, the General Consumer Price Index for Capital Cities in Indonesia
("Indeks Harga Konsumen (IHK) Umum Gabungan Kota-Kota Indonesia") as reported
by the "Badan Pusat Statistik" Jakarta Indonesia, for the month preceding the month
in which such Billing Period occurs,
ICPICb = The General Consumer Price Index for Capital Cities in Indonesia ("Indeks Harga
Konsumen (IHK) Umum Gabungan Kota-Kota Indonesia") as reported by the "Badan
Pusat Statistik" Jakarta Indonesia for month during this Amendment signing;
LW = East Kalimantan Labor Wages for mine and escavating (Rp/month) at the time of
billing
LWb = East Kalimantan Labor Wages for mine and escavating (Rp/month) as stipulated in
Keputusan Gubernur Kalimantan Timur Nomor: 561/k.551/2009 regarding Penetapan
Upah Minimum Provinsi Kalimantan Timur Tahun 2010;
Schedule 1 | 8
ENERGY COMPONENT D: VOMR

The Charge Rate VOMR applied in any period m (VOMRm) shall consist of the sum of the values for
VOMRFm and VOMR Lm, calculated as follows:

VOMRFm = VOMRF * ( CPI/CPIb ) * ( RDm / RDb )

VOMRLm = VOMRL * ( ICPI/ICPIb )

Where:

VOMRFm = Variable O&M Cost Recovery Charge Rate (in Rp per kWh) in respect of non-Rp
based variable O&M costs to be used in the calculation of Component D of the
Energy Payment for Billing Period m.

VOMRLm = Variable O&M Cost Recovery Charge Rate (in Rp per kWh) in respect of Rp based
variable O&M costs to be used in the calculation of Component D of the Energy
Payment for Billing Period m.

VOMRF = The value for VOMRF specified in Attachment A.

VOMRL = The value for VOMRL specified in Attachment A.

CPI = As previously defined.

CPIb = As previously defined.

RDm = As previously defined.

RDb = As previously defined.

ICPI = As previously defined.

ICPIb = As previously defined.

Schedule 1 | 9
CAPACITY COMPONENT E: CCRT

The charge rate CCRT to be used for any Billing Period m shall be the rate to be applied in such
Billing period as specified in Attachment A after such charge rate has been adjusted in accordance
with this Attachment B.

To determine CCRT for any Billing Period, the value of CCRT applicable to such Billing Period, in
accordance with Attachment A, shall be adjusted as follows:

CCRTm = CCRT * ( RDm / RDb )

Where:

CCRTm = CCRT for the Billing Period m.

CCRT = Capital Cost Recovery Charge Rate for the Transmission Line as specified in
Attachment A.

RDm = As previously defined

RDb = As previously defined

Schedule 1 | 10
 APPENDIX G ATTACHMENT F

SAMPLE CALCULATIONS

All calculations in this Attachment F, are made on the basis of the Plant achieving the following
performance for the month of January 2014

Item Description KWh Availability

1 kWh on Outgoing Metering System 32,468,040 81.99%
2 kWh allowable for Ea 32,468,040 81.99%
3 kWh above MHL 15,000 0.04
4 Dispatch Credit Hours kWh 1,207,800 3.05%
5 kWh allowable for AFa 32,453,040 81,95%
6 Max. kWh (CC * PHm) 39,600,000 100%
7 Scheduled Maintenance in kWh 2,641,320 6,67%
8 Planned Forced Outage in kWh 5,278,680 13,33%
9 Target kWh (CC * PHm * AFpm) 31,680,000 80%

Item:

1. kWh on the Outgoing Metering System means actual energy received by PLN in Billing
Period.

2. kWh on meters allowed for Ea is (1)

3. kWh above MHL was not requested by PLN

4. Dispatch Credit Hours are only credited when conditions in Attachment C are met

5. kWh on meter allowed for AFa is (1) (3)

6. Max kWh is Contract Capacity times PHm (total hours in Billing Period).

7. Scheduled maintenance assumed to be 6.67% of max kWh in Billing Period.

8. Planned Forced Outages assumed to be 13.33% of max kWh in Billing Period.

9. Target kWh assumed for Billing Period is (6) (7) (8)

Schedule 1 | 11
 ATTACHMENT F

Sample Calculation
Monthly Capacity Payment
For January 2014

Note:
This sample of calculation is not binding and just for reference only.

CAPACITY COMPONENT "A"

CC = 55,000 kW

PHm = 720 Hours in Billing Period

PHa = 8,760 Hours in Year

AFpm = 80.00% Monthly Target AF

Ea = 32,468,040 Actual kWh produced

AFa = 81.95% Actual AFa

DC = 55,000 kW

CCR = 4,001,836.78800 Rupiah/kW year

RDb = 9,860 Base Rupiah/US$

RDm = 9,600 Rupiah/US$ (on Payment Date Peb. 15, 2014)

Am = DC * (PHm/PHa) * [ CCRm * AFpm + CCRa * (AFa - AFpm)]

CCRm = CCR * RDm/RDb

= 4001836.788 * 9600 / 9860
= 3,896,311.68

CCRa = 50% * CCRm

= 3896311.68 * 0.5
= 1,948,155.84

Am = 55000 * 720 / 8760 *(3896311.68 * 0.8 + 1948155.84*(0.8195-0.8))

= 14,262,689,088.24

TOTAL COMPONENT A PAYMENT = 14,262,689,088.24 Rupiah

Schedule 1 | 12
 ATTACHMENT F

Sample Calculation
Monthly Capacity Payment
For January 2014

CAPACITY COMPONENT "B"

CC = 55,000 kW

PHm = 720 Hours in Billing Period

PHa = 8,760 Hours in Year

AFpm = 80.00% Monthly Target AF

Ea = 32,468,040 Actual kWh produced

AFa = 81.95 % Actual AFa

DC = 55,000 kW

FOMRF = 277,449.16 Rupiah/kW year

FOMRL = 277,449.16 Rupiah/kW year

CPI = 110.12 for September 2014

CPIb = 100.23 for September 2013

ICPI = 116.46 for September 2014

ICPIb = 103.50 for September 2013

CCR = 2,866,110.32 Rupiah/kW year

RDb = 9,860 Base Rupiah/US$

RDm = 9,600 Rupiah/US$ (on Payment Date Peb. 15, 2013)

Bm = DC * (PHm/PHa) * FOMRm * AFpm

FOMRm = FOMRF * (CPI/CPIb) * (RDm / RDb) + FOMRL * (ICPI / ICPIb )

= 277,449.16*(110.12/100.23)*(9,600/9,860) + 277,449.16*(116.46/103.50)
= 608,978.53

Bm = 55,000 * (720 / 8,760) * 608,978.53 * 80.00%

= 2,202,333,309.13

TOTAL COMPONENT B PAYMENT = 2,202,333,309.13 Rupiah

Schedule 1 | 13
 ATTACHMENT F

Sample Calculation
Monthly Energy Payment
For January 2014

CAPACITY COMPONENT "C"

CC = 55,000 kW

PHm = 720 Hours in Billing Period

Ea = 32,468,040 Actual kWh produced

DC = 55,000 kW

SHRCC = 3,350 Kcal/kWh (HHV)

SHRW = 3,625 Kcal/kWh (HHV)

HHV = 4,282 Kcal/kg

P = 295.802 Rp/kg

RDb = 9,860 Base Rupiah/US$

RDm = 9,600 Rupiah/US$ (on Payment Date Peb. 15, 2013)

CPI = 110.12 for September 2012

CPIb = 100.23 for September 2011

ICPI = 116.46 for September 2012

ICPIb = 103.50 for September 2011

CCR = 4,001,836.79 Rupiah/kW year

RDb = 9,860 Base Rupiah/US$

RDm = 9,600 Rupiah/US$ (on Payment Date Peb. 15, 2013)

FP = 6,800 Rp/Liter

FPb = 6,500 Rp/Liter

2
The amount of Delivered Price (P) will be adjusted from time to time by referring to the
applicable Harga Batubara Acuan at FOB Barge.
Schedule 1 | 14
 LW = 1,100,000 Rp/month

LWb = 1,002,000 Rp/month (for June 2010)

Cm = Ea * (SHRW / SHRCC) * ECRm

ECRm = SHRCC * (1 / HHV) * Pm

Pm = PFm + PLm

PFm = 0,6 x P x [CPI/CPIb] x [RDm / RDb]

= 0,6 * 295.80*( 110.12 / 100.23 )* 9600 / 9860
= 114.796393

PLm = 0,4 x P x {[0,38462x (FP/FPb)]+[0,38462 x (ICPI/ICPIb)] +[0,23076 x (LW / LWb)]}

0.4 * 295.80 *(( 0.38462 * 6800 / 6500 )+( 0.38462* 116.46 / 103.5 )+(0.23076*
= 1100000 / 1002000 ))
= 77.874544

Pm = 114.79639 + 77.87454
= 192.67093

ECRm = 3350 * 1/ 4282 * 192.67093

= 150.74

Cm = 32468040 * 3625 / 3350 * 150.735081

= 5,295,824,870.90

TOTAL COMPONENT C PAYMENT = 5,295,824,870.90 Rupiah5

3
To be adjusted by AN
4
To be adjusted by AN
5
To be adjusted by AN
Schedule 1 | 15
 ATTACHMENT F

Sample Calculation
Monthly Energy Payment
For January 2014

CAPACITY COMPONENT "D"

CC = 55,000 kW

PHm = 720 Hours in Billing Period

Ea = 32,468,040 Actual kWh produced

DC = 55,000 kW

VOMRF = 1.77 Rupiah/kWh

VOMRL = 5.32 Rupiah/kWh

CPI = 110.12 for September 2014

CPIb = 100.23 for September 2013

ICPI = 116.46 for September 2014

ICPIb = 103.50 for September 2013

RDb = 9,860 Base Rupiah/US$

RDm = 9,600 Rupiah/US$ (on Payment Date Peb. 15, 2014)

Dm = Ea * VOMRm

VOMRm = VOMRF * (CPI/CPIb) * (RDm / RDb) + VOMRL * (ICPI / ICPIb )

= 1.77 * (110.12 / 100.23) * (9,600 / 9,860) + 5.32* (116.46 / 103.50)
= 7.89

Dm = 32,468,040* 7.89
= 256,160,319.56

TOTAL COMPONENT D PAYMENT = 256,160,319.56 Rupiah

Schedule 1 | 16
 ATTACHMENT F

Sample Calculation
Monthly Capacity Payment
For January 2014

CAPACITY COMPONENT "E"

CC = 55,000 kW

PHm = 720 Hours in Billing Period

PHa = 8,760 Hours in Year

AFpm = 80.00% Monthly Target AF

Ea = 32,468,040 Actual kWh produced

DC = 55,000 kW

CCRT = 305,971.97 Rupiah/kW - year

RDb = 9,860 Base Rupiah/US$

RDm = 9,600 Rupiah/US$ (on Payment Date Peb. 15, 2014)

Em = DC * (PHm /PHa) * CCRTm * AFpm

CCRTm = CCRT * RDm / RDb

= 578235.1644 * 9600 / 9860
= 562,987.58

Em = 55000 * 720 / 8760 * 562987.584 * 0.8

= 2,036,009,892.82

TOTAL COMPONENT E PAYMENT = 2,036,009,892.82 Rupiah

Schedule 1 | 17
 SAMPLE CALCULATION SUMMARY

Monthly Capacity and Energy Payments

For January 2014

Foreign Currency Total Rupiah

Local Currency Portion
Portion Calculation
(Rp)
(Rp) (Rp)

Component A - 14,262,689,088.24 14,262,689,088.24

Component B 1,129,018,131.10 1,073,315,178.03 2,202,333,309.13

Component C 2,140,488,581.976 3,155,336,288.93 5,295,824,870.90

Component D 194,519,517.25 61,640,802.31 256,160,319.56

Component E - 2,036,009,892.82 2,036,009,892.82

TOTAL Rp 3,464,026,230.31 20,588,991,250.33 24,053,017,480.65

Forex. Rate 9,600

Rp US$

TOTAL 3,464,026,230.31 2,144,686.59

6
To be adjusted by AN
Schedule 1 | 18
 SCHEDULE 2

APPENDIX H

1.2 Triggering Event shall mean any of the following

(v) For the construction period only, any changes in regulation and/or conditions in relation with
economic indicators changes which substantially affect the construction of Plant based on
technological and financial audits, including but not limited to changes of TKDN/Tingkat
Kandungan Dalam Negeri (local content), exchange rate and other macroeconomic indicators.

(vi) The adoption, enactment or application of any Legal requirement of any Governmental
Instrumentality of the Republic Indonesia relating to coal price (Harga Batubara Acuan or any
term with same meaning as maybe used in the future) with procedure pursuant to Appendix H
Section 2.

Schedule 2 | 1
 SCHEDULE 3

APPENDIX I

INTERCONNECTION POINTS, ELECTRICAL INTERCONNECTION

FACILITIES AND SPECIAL FACILITIES

I. DEFINITIONS

All capitalized terms shall have the meanings given to them in the Power Purchase Agreement
(the "Agreement") to which this Appendix I is attached, except as otherwise defined herein.

"Construction Interfaces" shall mean the construction interfaces described in Section V.C of
this Appendix I.

"Electrical Interconnection Facilities" shall have the meaning in Section IV of this Appendix I.

"Interconnection Points" shall have the meaning given in Section III of this Appendix I.

"Special Facilities" shall mean the facilities as stated in Section V of this Appendix I to be
designed, financed, constructed, tested and commissioned by SELLER and to be taken over in
accordance with the "Taking Over" procedures stated in Appendix J. Upon Taking-Over by PLN,
PLN shall own, operate and maintain the Special Facilities.

"Transmission Line" shall have the meaning specified in Section V.B of this Appendix I.

II. GENERAL

Transmission Line, Substation expansion, and the Construction Interfaces built by SELLER are
all elements of Special Facilities. SELLER shall design, financing, construct and install the
Special Facilities.

Upon Taking-Over of the Special Facilities in accordance with Appendix J, PLN shall own,
operate and maintain such Special Facilities as an integral part of the PLN Grid System.

III. INTERCONNECTION POINTS

The following table represents the Interconnection Points, which are defined as the physical
points of on-going operational interconnection and jurisdictional boundary between the Plant
and the PLN Grid System. This table represents the known Interconnection Points at this time
but is not necessarily complete. The known Interconnection Points are further specified in
Exhibits I - 1 attached to this Appendix.

Schedule 3 | 1
 Operational Interconnection Interconnection Point(s)

A. 150 kV System 150 kV transmission line termination at Plant Switchyard

Gantry
B. SCADA RTU Outdoor fiber optic termination panel at Plant Switchyard
C. Telemetering Outdoor fiber optic termination panel at Plant Switchyard
D. Relay Protection Outdoor fiber optic termination panel at Plant Switchyard
E. Clock System Outdoor fiber optic termination panel at PLN Switchyard

IV. ELECTRICAL INTERCONNECTION FACILITIES

The Electrical Interconnection Facilities are facilities that are required to transfer electrical
energy either from the Units to the PLN Grid System or from the PLN Grid System to SELLER
during a Unit Outage condition.

SELLER shall consult with PLN and PLN shall provide to SELLER, as reasonably necessary, copies
of design and installation drawings and documents in relation to the interfaces with existing
PLN facilities.

Drawings, plans and other engineering documents and specifications for the Electrical
Interconnection Facilities shall be subject to PLN review and approval as provided in Appendix
A.

The Electrical Interconnection Facilities for each Unit will include, without limitation, the
following for testing:

a. Metering System located on the switchyard side of the 150 kV transmission lines;

b. Any other electrical equipment or devices located on the metering panel and between the
metering panel and the metering CT's and PT's;

c. All related protective devices associated with the above equipment;

d. All monitoring, control, communication and telemetering systems connected to and

associated with the 150 kV Metering System;

e. All line related protective devices

Schedule 3 | 2
V. SPECIAL FACILITIES

A. SUBSTATION EXPANSION

The 150 kV transmission lines will interconnect the Plant to PLN Bukuan substation. The
Substation expansion is a Special Facility and shall consist of the 150 kV equipment and
facilities for interconnecting the 150 kV transmission supply line to PLN Bukuan
e for the two spare bays at
Bukuan Substation.

a. Arrangement

PLN Bukuan Substation is a conventional open air substation arranged in a double bus
configuration with single breaker per circuit. The layout details, will provided by PLN,
shall be used as reference for the Substation expansion.

b. Control and Protection

Control and Protection for the Substation expansion shall be coordinated with the PLN
Bukuan Substation control and protection based on the information provided by PLN
for this purpose. PLN shall make provision for locating the control and protection
equipment and associated facilities for Substation expansion.

The interconnections of the control and protection for the Substation expansion with
the PLN Bukuan Substation shall be through the existing protection and control
cabinets located in PLN Bukuan Substation control building. The presently anticipated
control and protection interfaces include:

CT connections to existing bus differential relays

Circuit breaker trips from existing protective relays
Breaker failure trip signals to existing breakers

Each transmission line to Plant shall be provided with a primary and a back-up
protection scheme. At present, the primary protection is anticipated to be differential
type pilot relays using fiber optic communication link to the matched relays at the
Plan. The back-up protection shall consist of phase and ground overcurrent relays.

A breaker failure relaying scheme shall be provided for each circuit breaker.

c. Ratings

The rating of the t Substation expansion equipment shall be as follows subject to

verification during the detail design:

Nominal Voltage 150 kV

Maximum Voltage 170 kV
Earthing System Neutral Solid
Rated Frequency 50 Hz
Basic Insulation Level (BIL) 750 kV (peak)
Power Frequency Withstand Voltage 325 kV
Maximum Radio Influence Voltage (RIV) 2500 micro Volts
(measured per IEC)

Schedule 3 | 3
 Creepage Distance 31 mm/kV
(in accordance with IEC 815/1986) (very heavy)
Surface Stress of overhead conductor 1.6 kV/mm
at rated voltage
Fault Level (IEC 56) 40 kA (1 sec.) for East Kalimantan
Continous Current
Busbar tba A
Circuit Breaker tba A
Auxiliary Power Supply:
AC 230/400 V
DC - Control, Relay, Motor 110 V
- Communication, RTU 48 or 110 V
Minimum Clearance:
Metal and Earth 1.5 m
Metal to Metal (different phases) 1.8 m
Ground to base insulation 2.3 m

d. Substation Scope of Responsibilities

1.

In constructing the substation, PLN will coordinate the routing of other lines such
a way that a corridor is available to allow the proposed transmission line to
connect to the substation without crossing any existing lines.

In constructing the busbars, PLN will make available two vacant diameters located
in such a position as to allow the proposed transmission line to connect to each
diameter.

In these two vacant diameters, PLN will provide the following works:

All foundations. SELLER will provide detailed drawings and specification of

required foundations for all equipment to be installed.

Busbars

equipment to be bonded to substation earthing

system

All overhead lightning protection.

Site illumination.

A busbar protection scheme suitable for the integration of the two new circuit
vided by
SELLER).

All cable trenches and ducts required for connecting protection, control and
instrumentation circuits installed by SELLER to appropriate equipment in
substation control building. SELLER will provide detailed drawings and
specification of cabling requirements.

Schedule 3 | 4
 PLN will co-ordinate outages to allow the installation work to be carried out.

equipment for integrating into the busbar protection scheme, and will perform
such integration.

2.

All small power, protection and instrumentation cabling including that

required for busbar protection. PLN will specify cabling requirements for
busbar protection.

All protective relay associated with the connection, including transmission line
protection, except those that form part of the busbar protection scheme,
together with cubicle(s) to house protection equipment.

A control panel including all control and instruments associated with

connection. PLN will specify the dimensions and layout of this panel.

equipment.

An engineer available to be on site for site co-ordination and testing.

SELLER will submit drawing for cable trenches and foundation in due time to allow
PLN to incorporate these in the civil construction work, based on agreement with
the EPC Contractor.

B. TRANSMISSION LINE

The transmission line between Power Plant substation to PLN Substation in Bukuan

be used in the design subject to verification during the detail design:

a. TOWER

1. Basic Span 350 m

2. Wind Span:
- normal 400 m
- broken 400 m

3. Weight Span:
- normal 700 m
- broken 700 m

4. Maximum Working Tension 3400 kg

5. Normal Ground Clearance 9m

6. Live metal/earth clearance in still air and up to 1.8 m

10 degree swing (normal insulation spacing)

Schedule 3 | 5
 7. Minimum Insulation 1.3 m

8. Wind Pressure:
- conductor 40 kg/m
- Steel tower 120 kg/m
- insulator 60 kg/m

9. Safety Factor
- normal working load 1.5
- broken wire condition 1.1

10. Ambient Temperature

- maximum 35 0C
- minimum 10 0C

11. Everyday Ambient Temperature 25 0C

12. Maximum Allowable Swing 40 deg

13. Clearance
These clearance will be maintained for the line
under conditions corresponding at 80 0C for
ACSR (max. conductor temperature)
Minimum Vertical Clearance:
a. Above normal ground,
open & agricultural land 9m
b. Above pedestrian access 9m
c. At main road crossing 12 m
d. Above tree 5.5 m
e. At power circuit crossing (regardless
of the voltage) from shield wire 5m
f. At the telephone line crossing 5m
g. Urban/inhabited area 12 m

14. Minimum height of earth conductor above Later

upperline Conductor at tower

15. Vertical spacing between line conductor Later

at tower (minimum)

16. Clearance between conductors of one Later

circuit and tower climbing leg of
the other circuit (minimum)

b. INSULATOR

1. Material Porcelain/
toughened
glass
2. Safety Factor 3
3. Minimum Creepage Distance 31 mm/kV
(per IEC-815/1986)

Schedule 3 | 6
 4. Withstand Voltage:
Power Frequency (Wet) 45 kV
Puncture Frequency 130 kV
Lightning Impulse (Dry) 125 kV

c. CONDUCTOR

1. Number of conductors per phase 2

2. Type of conductor ACSR

HAWK

d. EARTHWIRE

1. Number of shield wire 2

2. Type of shield wire

e. LAND FOR 150 KV TOWER FOOTING Title for footing

will be
transferred to
PLN

C. CONSTRUCTION INTERFACES

The Construction Interfaces, set forth in the table below, are the physical tie in between
PLN Grid System and the transmision line built by SELLER..

This table represents the known Construction Interfaces at this time but is not necessarily
complete. The known Construction Interfaces are further specified in Exhibits I - 2,
attached to this Appendix.

Construction Interconnection Interface Point(s)

A. 150 kV System Bukuan Substation

B. Control and Protection Protection and control cabinets Located in the

Power Plant Substation Control Building

C. SCADA RTU Fiber optic junction box located at the Power Plant
Substation gantry structure

VI. PLN DESIGN REVIEW OF SPECIAL FACILITIES

A. GENERAL

To facilitate the design, engineering, construction and testing of the Special Facilities, PLN
and SELLER agrees to coordinate and exchange design requirement, operation philosophy,
and PLN system data with respect to those facilities. Based on PLN supplied system data,
SELLER will be responsible for the design and implementation of Special Facilities. SELLER
agrees to deliver drawings, plans and other similar design and engineering documents and
specifications with respect to the interfaces for PLN review and approval in each case prior
to commencement of construction activities for such facilities. Testing procedures for the

Schedule 3 | 7
 Special Facilities, as required, will be subject to review and approval by PLN prior to
commencement of testing.

Upon receipt of any drawings, plans, testing procedures or similar documents, PLN shall
have four (4) weeks to review the documents and either approve them or submit to

the basic design and design criteria set forth in the volume(s) referred to in respect to the
plans for such Special Facilities and shall be mutually addressed and resolved by the
Parties. Failure of PLN to respond within such four week period shall be construed, for all

In the event that the Parties cannot reach a mutual resolution with respect to PLN
comments and concern regarding the design of Special Facilities within two calendar
weeks, such comment, and concern shall be referred to an expert for resolution in
accordance with the provisions of Section 17.2 of this Agreement.

B. DOCUMENTS, DATA AND DRAWINGS TO BE ISSUED BY SELLER FOR SPECIAL FACILITIES

DURING PROJECT IMPLEMENTATION

1. Procedures

Following the start of the Project, SELLER shall prepare and provide to PLN for review
and approval of all drawings, schedules, calculations, documents, data and
information necessary for the proper supervision by PLN of the Special Facilities work
involved and to provide a detail and comprehensive record of all aspect of this
Agreement.

The extent of these submittals shall include but not limited to those specified, and
shall be sufficiently comprehensive to fully establish that all parts and procedures to
be used in performing the Special Facility Works comply with the objective of this
Agreement and with requirements for installation, operation and maintenance. PLN
shall have the right to require SELLER to submit such additional information as may
reasonably be required.

All drawings and documents prepared by SELLER or its contractors for this Agreement
shall bear reference to an approved contract number in the title block.

All documentation whether letters or drawings shall show the project title and
number and shall be on ISO standard A-size sheets with the normal maximum size of
drawing is A 1 size.

PLN will not normally require to receive copies of detailed manufacturing drawings
but SELLER shall make this available to PLN if so requested.

All drawings shall be to scale and fully detailed and dimensioned. The material of
which each part is to be constructed shall be indicated. All drawings submitted shall
be prepared to a standard suitable for ultimate micro-filming. Each drawing shall be
clearly stamped to indicate the applicable status e.g. For preliminary, For information,
For Approval, For Construction, and As Built.

Electrical schematic and wiring diagrams shall be arranged such that terminal blocks
and terminal information is clearly shown and indicating incoming and outgoing cables
and the location of the remote end of such cables. Circuit diagrams of all electrical

Schedule 3 | 8
 equipment including printed circuit boards shall be provided sufficiently for
comprehensive fault finding.

2. Submission and Approval

SELLER shall submit six (6) copies of drawing to PLN for approval. If PLN is satisfied

and the drawing shall be amended, the revision letter affixed to the drawing Number
revised and re-submitted for approval.

Revised drawing shall have indicated on them the nature of the change, the reason for
the revision and the location of the revision.

When submitting drawing for approval, including any prepared by contractors, SELLER
shall certify that it has fully examined such drawings and that they comply with
requirements of this Agreement.

SELLER and returned

Approval of drawing by PLN shall in no way relieve SELLER of its responsibilities under
this Agreement.

number, and forward four (4) copies to PLN for its used.

and any necessary, within reason, design changes to comply with the requirements
and objectives of this Agreement shall be made at no additional cost to PLN or delay
to the Project.

SELLER shall submit to PLN for review and approval the following drawings, data and
documents:

a. General data, drawings and documents:

List and schedule of submittal data, drawings and documents.

A detailed design criteria of all equipment

Soil investigation.

Description of cleaning, checking and testing procedure.

Layout Tower per type (typical) including clearance diagram and swing
conductor and insulator with tower body.

Stringing Method Procedure.

Schedule 3 | 9
 List of equipment which must be stored indoors and which can be stored
outdoors.

General specifications covering type and design of all principal components of

the equipment.

Material fully identified by referencing the appropriate standard of material

used in the equipment. Also description of special equipment, if included, for
dismantling and assembly of equipment.

A complete bill of material and a list of all accessories furnished for each
equipment category or specification.

An itemized list of all tools that SELLER will furnish with the equipment that
are required for maintenance and repair of equipment.

Complete field erection drawings which detail the location installation and
connection of all items not permanently installed at the factory. Each item to
be field assembled shall have the same identification both upon the drawings
and upon the item itself.

Calculation for Electrical, Mechanical and Civil Works.

Any other information required by PLN.

PLN will not necessarily examine in detail all submittals forwarded to him by
SELLER and may at its option require submittals to be subject to its review or
regard them as for information and record purposes.

SELLER shall be responsible for any discrepancies, errors or omissions on the

drawings and other particulars supplied whether or not such drawings and
particulars have been reviewed by PLN.

PLN shall require SELLER to make any changes to the drawings and data which
may be necessary, in the opinion of PLN, to make the works conform to the intent
of this Agreement until full acceptance of the equipment by PLN.

b. Data, drawings and documents to be submitted within one (1) month

Within one month of the date of the signing of PPA award SELLER shall submit the
following:

Contract Network Schedule

Overall layout and general arrangement of all major equipment (including

substation building, switchgear, control and relay panels) giving foundation
requirements showing locations, dimensions, load and details of cable
trenches required.

Single line diagrams of main electrical system (substation and ac & dc auxiliary
services).

Schedule 3 | 10
 Protection & Metering Diagrams.

Block Logic Diagrams.

Control Configuration, if furnished.

Four (4) copies, in English, of all codes and standards approved for use on this
Agreement.

Quality procedures and inspection schedule.

c. Data, drawings and documents to be submitted within two (2) month

Within two months of he date of the signing of PPA award SELLER shall submit the
following:

A Basis of Civil Works Design developed from statements of design intent to

describe concisely each section of the works, the provisions made for selection,
the Names and Register Numbers of the computer programs used for the analysis
and design, and the particular editions and revisions of all standards & codes
include any relation or cross reference to calculations of preceding design work.

SELLER shall prepare detailed calculation expanding the philosophy of the basis of
design. Calculations shall be include concise statements on the reasoning behind
the design decisions and acknowledgement of the behaviour of the whole
structure and computations individual components.

Each calculation shall include reference to the appropriate basis of design.

SELLER shall submit, under its letterhead, three copies of the required calculations
on A4 size paper.

All computer print outs shall be bound into an appropriate binder. Input data shall
be verified and documentation shall be provided to show that the data evaluated
in the calculation has been specifically used by the program to produce the final
computer output.

Where computer is used, details shall be given of the software used and any
certification of validation by independent authorities provided as appropriate.

Detailed civil drawings (including foundations steel structures, tower, piling

works and others) providing all necessary information for the detailed civil
works and building design for all Nearest Substation Expansion and
transmission line works, together with a schedule of built-in items.

Complete equipment list of all items and equipment to be supplied together

with the name of the manufacturer or sub-contractor, country of origin, FOB
delivery date.

Schematic diagrams of all systems.

Schedule 3 | 11
 Instruments lists, functional logic diagrams for control, alarms and sequence
interlocks.

Test Tower Report.

Drawing list summarizing all existing and proposed drawings of principal items
intended for submission to PLN by SELLER, together with submission dates.

Schedule of all AC and DC loads.

d. Data, drawings and documents to be submitted within three (3) months

Within three months of this Agreement SELLER shall submit the following:

Layout drawings for all electrical, mechanical and civil works.

Block cable diagrams and diagrams of connections for all equipment,

marshalling boxes and control panels.

Electrical schematic diagrams, including power, control, indication, protection

and alarms.

Detailed general arrangement and construction drawings for all equipment.

Route Map and Profile drawings including sagging.

All welding procedures (both at Site and during manufacture).

Access and supporting steel arrangement drawings.

Schedule of SCADA Interface cubicle.

Schedules of consumable items, lubricants and chemicals.

Standards format schedules i.e. piping, valves, instruments, etc.

Cable Block Diagrams and itemized cable schedules.

Detailed drawings of buildings including services.

Workshop drawings of Nearest Substation Expansion and transmission line

including foundation and tower.

e. Data, drawings and documents to be submitted within four (4) months

odule
which SELLER purpose to utilize in the control and instrumentation system
including computer hardware and software, if furnished.

Functional group control diagram, if furnished.

Schedule 3 | 12
 Evidence of submission of plans for approval, where necessary, to local
authorities.

3.

During the erection and commissioning period it may be necessary for PLN to make
revisions to already approved construction drawings. In such case SELLER shall provide
to PLN at Site without unreasonable delay two marked-up prints detailing any revision
made. Normal revisions of these shall then be made and issued to PLN as described
earlier.

4. As-Built Drawings

Following the installation of the equipment, SELLER shall revise its drawings as
nece - -

5. Contract Drawings

-
sets of all approved drawings as follows:

1 set electronic file such as: CD ROM on the approved format.

1 set of 35 mm card mounted films.
1 set of full size transparencies.
3 sets of full size hard copy.

These sets of drawings shall be submitted as a single submission to PLN.

The films shall be suitably protected with an anti-fungus treatment which shall be to

indexing and shorting, and such mountings adopted shall be to the approval of PLN.

The transparency material shall be 0.075 mm thick polyester film.

6. Erection Drawings

possession the latest available erection drawings of the type and quantity needed to
perform the works.

7. Test and Records Before Shipment

all relevant performance and other tests called for in this Agreement shall have been
successfully carried out in accordance with appropriate codes and standard and to the
satisfaction of PLN, who shall have received and approved the test results.

Six (6) copies of mill and test certificates shall be supplied to PLN.

SELLER shall supply at the ex-works stage six (6) bound copies of all certification,
suitable indexed, to cover all performance tests of equipment.

Schedule 3 | 13
 8. Test Records

During all tests a complete and detailed log of observations and readings shall be
made and certified copies submitted to PLN.

The detailed test procedures, lists, logic diagrams, and protection & metering
diagrams together with test results shall be correlative and presented as a single
bound final test report to form a comprehensive set of test procedures and records of
the tests conducted on the works.

Six (6) bound copies of Final Test Reports shall supplied by SELLER to PLN.

9. Instruction Manuals

SELLER shall provide sets of well structured, comprehensive and coordinated manuals
to fully describe all aspects of design, operation and maintenance of all equipment
agreed under this Agreement including tools and testing equipment. The format of
the document will be agreed with PLN before SELLER proceeds to assemble the draft
manuals.

Six (6) copies of the first draft of the manuals shall be submitted to PLN for review two
(2) months before commissioning of the equipment.

Six (6) copies of the final manuals shall be submitted to PLN one (1) month prior to the
commencement of commercial operation or at the end of construction period
whichever is earlier.

SELLER shall also be held responsible for supplying additional information or replacing
information to keep the manual complete, accurate and up date if field inspections of
equipment indicate omissions or inaccuracies in the manuals.

All manuals will be submitted to PLN complete in durable binders expected to last
over multiple years and which facilitate addition or removal of information.

10. Commissioning Test Procedure

To determine whether the equipment complies with the guarantees, SELLER shall
carry out the commissioning test.

SELLER shall submit detailed commissioning procedure for all equipment.

Test schedule will be prepared by SELLER and the test shall be conducted in
SELLER and
approved by PLN and complying with the specified guarantee conditions.

Schedule 3 | 14
VII. REFERENCE DRAWINGS AND EXHIBITS PROVIDED BY SELLER

The drawings and exhibits listed bellow are provided by SELLER and are intended to
illustrate the Special Facilities. Such drawings, attached to this Appendix I, are provided for

Title Drawing No.

Operational Interconnection
Single line diagram operational interfaces Exhibit I-1A
150 kV Switchyard section operational interfaces (tba) Exhibit I-1B
150 kV Switchyard plan view operational interfaces (tba) Exhibit I-1C
Construction Interfaces
Single line diagram construction interfaces Exhibit I-2A
Power Plant substation expansion section Construction Exhibit I-2B
interfaces (tba)
Power Plant substation expansion plan view Construction Exhibit I-2C
interfaces (plan view) (tba)
Single line diagram 150 kV Power Plant substation Exhibit I-2D
Plan Development 150 kV at Power Plant Substation (tba) Exhibit I-2E

VIII. ADDITIONAL LAND FOR FUTURE REQUIREMENTS

SELLER shall provide land which will be used by PLN for future
transmission line bays and transformer bay, as specified in Drawing No Exhibit I-1C. This

Schedule 3 | 15
Schedule 3 | 16