Proyek Perluasan Pabrik Feronikel Pomalaa Pomalaa Ferronickel Plant Expansion Project

q. Proyek Perluasan Pabrik Feronikel Pomalaa q. Pomalaa Ferronickel Plant Expansion Project

(”P3FP”) (lanjutan)

(“P3FP”) (continued)

Tanggal 26 Maret 2012, Perusahaan dan PT On March 26, 2012, the Company and PT Adhi Adhi Karya (Persero) Tbk menandatangani

Karya (Persero) Tbk entered into an agreement perjanjian

for the latter to procure and install a jetty and dermaga dan fasilitas dengan nilai kontrak

facilities with a contract value of US$32,874,083. AS$32.874.083. Perjanjian tersebut berlaku

The agreement is valid until June 26, 2013. The sampai 26 Juni 2013. Perusahaan dan PT Adhi

Company and PT Adhi Karya (Persero) Tbk has Karya (Persero) Tbk menyetujui perpanjangan

agreed a contract extension which is valid until kontrak sampai dengan 15 Agustus 2013.

August 15, 2013. As at December 31, 2013, PT Hingga 31 Desember 2013, PT Adhi Karya

Adhi Karya (Persero) Tbk has not completed the (Persero) Tbk belum menyelesaikan pekerjaan

project and the Company did not approve the tersebut dan Perusahaan tidak menyetujui

second amendment to the contract so the target perpanjangan kedua atas kontrak tersebut,

date was still on August 15, 2013. Because of sehingga target date tetap berlaku pada 15

that, the Company has the rights to impose fines Agustus 2013. Karena itu, Perusahaan berhak

due to late completion of work and started occur untuk memberlakukan denda keterlambatan

based on contract (6 weeks after target date). berdasarkan kontrak (6 minggu setelah target

Construction in progress as of December 31, date). Persentase penyelesaian konstruksi

2014 was 100%.

hingga 31 Desember 2014 adalah 100%. Tanggal 28 Maret 2012, Perusahaan dan PT

On March 28, 2012, the Company and PT Wijaya Karya (Persero) Tbk menandatangani

Wijaya Karya (Persero) Tbk entered into an perjanjian

agreement for the latter to procure and install Refining-3

contract value of Perjanjian tersebut berlaku sampai 28 Januari

US$35,475,000. The agreement was valid until 2014. Perpanjangan atas kontrak tersebut tidak

January 28, 2014. The extension of the contract diterima dan COD tetap berlaku pada 28 Januari

was not accepted and COD remained effective 2014. Karena itu, denda atas keterlambatan

on January 28, 2014. Because of that, fines due penyelesaian kerja akan mulai diberlakukan

to late completion of the work started to occur berdasarkan kontrak (6 minggu setelah COD).

based on the contract (6 weeks after COD). The Tahap konstruksi telah selesai pada 31 Oktober

phase was completed on 2014.

construction

October 31, 2014.

Tanggal 10 Desember 2012, Perusahaan dan On December 10, 2012, the Company and Sumitomo

Sumitomo Corporation entered into an perjanjian pembangunan Pembangkit Listrik

Corporation

menandatangani

agreement related to the construction of the Tenaga Uap (“PLTU”) Pomalaa dengan nilai

Pomalaa coal-fired power plant with total kontrak keseluruhan sebesar AS$57.275.290,

of US$57,275,290, JPY3.439.137.022 dan Rp412.748.103.

contract

values

JPY3,439,137,022 and Rp412,748,103. Tanggal 17 Mei 2013, Perusahaan dan

On May 17, 2013, the Company and Sumitomo Sumitomo Corporation telah menandatangani

Corporation entered into a Notice to Proceed to Notice to Proceed untuk memulai pembangunan

start construction of Coal Fired Power Plant PLTU yang ditargetkan selesai pada atau

which is expected to be completed on or before sebelum tanggal berakhirnya yaitu 25 bulan dan

the date falling 25 months and 28 months after

28 bulan setelah tanggal Notice to Proceed the date of the Notice to Proceed for Unit 1 and tersebut masing-masing untuk Unit 1 dan Unit 2.

Unit 2, respectively. On April 15, 2013, the Pada tanggal 15 April 2013, Perusahaan dan

Company and Sumitomo Corporation signed Sumitomo

Corporation

Amendment I to amend the provisions on the Amendment I untuk mengubah ketentuan

menandatangani

standby letter of credit stated under the contract mengenai standby letter of credit yang

signed on December 10, 2012. Construction in dinyatakan dalam perjanjian yang ditandatangani

progress as of December 31, 2014 was 63.30%. pada

penyelesaian konstruksi hingga 31 Desember 2014 adalah 63,30%.

32. PERJANJIAN PENTING,

IKATAN

DAN

32. SIGNIFICANT AGREEMENTS, COMMITMENTS