Source file signed link, expires in 15 minutes
Extracted text 26
Page 1
PUBLIC EXPOSE
JAKARTA, NOV-25
Page 2
DISCLAIMER These materials have been prepared by PT Arkora Hydro Tbk (the “Company”) and have not been independently verified. No representation or warranty, expressed or implied, is made and no reliance should be placed on the accuracy, fairness or completeness of the information presented or contained in these materials. The Company or any of its affiliates, advisers or representatives accepts no liability whatsoever for any loss howsoever arising from any information presented or contained in these materials. The information presented or contained in these materials is subject to change without notice and its accuracy is not guaranteed. These materials contain statements that constitute forward-looking statements. These statements include descriptions regarding the intent, belief or current expectations of the Company or its officers with respect to the consolidated results of operations and financial condition of the Company. These statements can be recognized by the use of words such as “expects,” “plan,” “will,” “estimates,” “projects,” “intends,” or words of similar meaning. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ from those in the forward-looking statements as a result of various factors and assumptions. The Company has no obligation and does not undertake to revise forward-looking statements to reflect future events or circumstances. These materials are for information purposes only and do not constitute or form part of an offer, solicitation or invitation of any offer to buy or subscribe for any securities of the Company, in any jurisdiction, nor should it or any part of it form the basis of, or be relied upon in any connection with, any contract, commitment or investment decision whatsoever. Any decision to purchase or subscribe for any securities of the Company should be made after seeking appropriate professional advice.
Page 3
TABLE OF CONTENT
1 2 3
Company Business Financial
Profile Landscape Performance
Page 4
Chapter 1
COMPANY PROFILE
4
Page 5
COMPANY IN BRIEF
PT Arkora Hydro Tbk (ARKO)
Established in 2010, PT Arkora Hydro Tbk (ARKO)
focuses on run-of-river as a hydropower plant with
a current total installed capacity of 62.8 MW.
ARKO also has over 300 MW capacity of run-of-river
hydropower plant under its pipeline.
Vision
To expand our portfolio of renewable energy projects and become the
market leader of renewable energy power generation while being
environmentally and socially responsible.
Mission
To develop renewable energy potentials in Indonesia in which will
reduce carbon emission and build a more sustainable future.
5
Page 6
RUN-OF-RIVER HPP
ILLUSTRATION
2. Desand 1. Weir
3. Waterway
4. Head tank
5. Penstock
6. Powerhouse
7. Tailrace
6
Page 7
MILESTONE
Project COD IPO Project COD
Cikopo (Initial Public Offering) Yaentu
Project PPA & construction Project Construction Project PPA & Construction Project Construction
Cikopo Tomasa Kukusan Tomoni
2010 2012 2014 2017 2020 2022 2023 2024 2025
Company Project Project Green bonds issuance
PPA COD
establishment Tomasa Tomasa Project Tomoni
5 Aug 2010 PPA
Project PPA
Yaentu
Project
PPA & Construction
Pongbembe
PPA : Power Purchasing Agreement 7
COD : Commercial Operating Date
Page 8
COMPANY STRENGTH
1 Strategic Location 5 Support for the Government's
"Net Zero Emission" Program
Situated in the natural forests and connected to PLN networks. Reducing GHG emissions by ±99,937 tons of CO₂eq annually moving forward.
2
High-Quality
Hydropower Plant 6 Experienced Management
Professionals with over 15 years of experience in the power generation and
Head >100 m and components of international quality.
collectively worked on over 30 hydro power plants in their previous careers.
Long-Term Contracts,
3 Stable Cashflow 7 High Safety Standards
PLN contracts with an average duration of 15 - 25 years and The company utilizes contractor services from AEKON, supervised by
predetermined tariffs, securing the sustainable cashflow PT Indokoei International, a renowned Japan consulting company.
Competitive Construction and
4 Operational Costs 8 Good Corporate Governance
Supported by in-house PT Granif Konsultan, experienced in Implementation of GCG principles across all business lines.
conducting feasibility studies, detailed designs, and
comprehensive testing for hydropower plant projects.
8
Page 9
IN OPERATION: PROJECT CIKOPO
Project Cikopo
Location : Garut, West Java
Capacity : 7.4 MW (2 x 3.7 MW)
COD : 2017
Period : 15 years
9
Page 10
IN OPERATION: PROJECT TOMASA
Project Tomasa
Location : Poso, Central Sulawesi
Capacity : 10 MW (2 x 5 MW)
COD : 2020
Period : 15 years
10
Page 11
IN OPERATION: PROJECT YAENTU
Project Yaentu
Location : Poso, Central Sulawesi
Capacity : 10 MW (2 x 5 MW)
COD : 2024
Period : 25 years
11
Page 12
UNDER CONSTRUCTION: PROJECT KUKUSAN II
Weir completion Head tank completion
Location
Kukusan, Lampung
Capacity
5.4 MW (2 x 2.7 MW)
Expected COD
4Q25
Contract period
Turbine final alignment Powerhouse completion 25 years
Scheme
BOOT
Construction progress
96.1% (Oct-25)
12
Page 13
UNDER CONSTRUCTION: PROJECT TOMONI
Weir formwork installation Sandtrap rebar installation
Location
Luwu Timur,
South Sulawesi
Capacity
10 MW (2 x 5 MW)
Expected COD
1H26
Tunnel work - outside Tunnel work - inside Contract period
25 years
Scheme
BOOT
Construction progress
52.7% (Oct-25)
13
Page 14
UPCOMING: PROJECT PONGBEMBE
Pongbembe landscape
Location
South Sulawesi
Capacity
20 MW (3 x 6.7 MW)
PPA date
September 2025
Construction start
Pongbembe landscape November 2025
Expected COD
4-5 years after the
construction started
Contract period
30 years
Scheme
BOOT
14
Page 15
Chapter 2
BUSINESS LANDSCAPE
15
Page 16
INDONESIA NEW AND RENEWABLE ENERGY MIX
Only 0.41% of the
entire potential has
been utilized, leaving
Solar Hydro Bio- Wind Geo- Ocean Total ample room for the
energy (>6 m/s) thermal development of New
and Renewable
Potentials (in GW) Potentials (in GW) Potentials (in GW) Potentials (in GW) Potentials (in GW) Potentials (in GW) Potentials (in GW) Energy (NRE).
3,294 95 57 155 23 63 3,687 This opportunity is
promising, given the
Utilization (in MW) Utilization (in MW) Utilization (in MW) Utilization (in MW) Utilization (in MW) Utilization (in MW) Utilization (in MW) support from the
1,131 7,556 3,129 152 2,744 45 15,163 government,
environmental
concerns, and the
Utilization (%) Utilization (%) Utilization (%) Utilization (%) Utilization (%) Utilization (%) Utilization (%) rising electricity
0.03% 7.95% 5.49% 0.10% 11.93% 0.71% 0.41% consumption.
Source: Directorate General of New, Renewable Energy, and Energy Conservation, Jun-25
16
Page 17
INDONESIA EXISTING NRE POLICY AHEAD
RUPTL 2025-2034
PLN's Electricity Supply Business
Plan (RUPTL) for 2025-2034
- Strategies to reduce GHG
emissions for NZE by 2060; “Out of the total 836,696 workers
- Renewable energy accounts for in the power generation sector,
76% (52.9 GW) of the 69.5 GW of more than 750,000, or 91%, are
planned power projects for the
next decade; green jobs as they are based on
- Of the 52.9 GW of renewable
renewable energy power plants.”
energy, hydropower plants make
up 22.1% (11.7 GW). Bahlil Lahadalia
Minister of Energy and Mineral Resources (ESDM)
17
Page 18
ARKORA PIPELINE
Tomasa - Poso Yaentu - Poso Contracted Capacity
10 MW
10 MW
Jambi West Kalimantan Pongbembe -Toraja Central Sulawesi 62.8 MW
5 MW
50 MW
20 MW
20 MW
Current Pipeline
>300 MW
Kukusan II – Lampung Central
Kalimantan
5.4 MW
MW
80
Lampung
South Sulawesi Southeast Sulawesi
6 MW 25 MW
6.2 MW
Cikopo II – West Java West Java
Tomoni – Luwu Timur Southeast Sulawesi
7.4 MW
4 MW
10 MW
10 MW
South Sulawesi South Sulawesi Southeast Sulawesi
80 MW
35 MW
40 MW
18
Page 19
PRODUCTION CAPACITY
257.0 ARKO is going faster in utilizing the
228.6 enormous potentials through increasing
its production capacity by working on our
pipelines.
152.4
Alongside, ARKO also contributes for
114.4 118.2 Sustainable Development Goals (SDGs):
95.7 97.6
2021 2022 2023 2024 2025E 2026E 2027E
Cikopo Tomasa Yaentu Kukusan Tomoni Production (GWh)
Estimation of production capacity given the COD target of Project Kukusan and Project Tomoni.
19
Page 20
GREENHOUSE GASES (GHG) EMISSION REDUCTION
GHG emission reduction In achieving Indonesia Net-Zero
Period: 2017 until 3Q25 Emissions (NZE) 2060, ARKO
±266,450
There was an increase for GHG emission also contributes towards the
reduction of 30,500 ton CO2eq in 3Q25 emission reduction.
ton CO2eq
Thus, ARKO emboldens its
contribution for SDGs:
GHG emission reduction
±99,937 potential annually
ton CO2eq After all five projects operating
(including Kukusan and Tomoni)
20
Page 21
STRENGTHENING ESG COMMITMENT
Education Environmental
- Renovation of elementary - Watershed rehabilitation by
school, SDN 1 Panawa, Garut, planting around 500 pine trees in
West Java. Poso to protect the environment
in 2025.
- Procurement of information
and communication technology
(ICT) facilities for the school.
Social Infrastructure
- Donation of qurban in Garut - Rehabilitation of 5 mosques in
for the people nearby. Garumukti Village, Garut.
- Distribution of basic necessities - Establishing of Baruga Meeting Hall.
(sembako) for Desa Panawa, Garut.
- Improvement of roads (800 m) in
Panjoka Village, Poso.
21
Page 22
REFORESTATION FOR WATERSHED REHABILITATION
Slope protection with trees Pine trees planting
We managed watershed
rehabilitation covering
an area of 57 hectares
by planting 68,970 pine
trees in Poso, Central
Sulawesi, from 2022.
This activity aims to
restore the ecosystem,
Pine trees nursery protect water sources,
and preserve the
environment.
22
Page 23
Chapter 3
FINANCIAL PERFORMANCE
23
Page 24
ROBUST GROWTH DRIVEN BY FAVORABLE SEASON
AND PROJECT ADVANCEMENT IN 9M25 The favorable weather in
9M25, particularly the
248 247 unexpected rain during what is
239 typically a dry Q3, led to
higher electricity production.
198
179 Additionally, Project Yaentu
154 contributed significantly after
becoming operational in 4Q24.
Thus, these factors drove
strong growth, resulting in
ARKO achieving a net profit of
Revenue - yearly 125%1 122%1
126%1 Rp47.7 billion, marking a
121%1 118%1 119%1
Revenue - quarterly 17.7% YoY increase in 9M25.
NPM (%)
INDICATOR 2021 2022 2023 2024 9M24 9M25 YoY
Revenue 198.4 247.9 178.8 238.9 153.5 247.4 61.2%
Net profit 49.7 52.7 39.1 41.8 40.5 47.7 17.7%
Net profit margin 25.1% 21.1% 21.9% 17.5% 26.4% 19.3% -4.7%
Currency in billion IDR, unless stated otherwise
24
Page 25
SOLID BALANCE SHEET IN 9M25
Total Asset Total Liabilities Total Equities
9M25: Rp1,588.7 bn 9M25: Rp1,089.6 bn 9M25: Rp499.1 bn
1,589
1,338 191
1,158 176
1,090
948 154
53
887
183 720
1,397 94
1,161 70
1,004 548 1,036
452 499
161
792
400 438
765 650
387
2022 2023 2024 9M25 2022 2023 2024 9M25 2022 2023 2024 9M25
Non-current asset Current asset Long term liability Short term liability
Currency in billion IDR, unless stated otherwise
25
Page 26
Head of Investor Relations Nicko Yosafat n.yosafat@arkora.com PT ARKORA HYDRO TBK - @arkorahydro Treasury Tower Level 9 Unit G-H District 8 SCBD Lot 28 Jl. Jend. Sudirman Kav 52-53 Jakarta, Indonesia 12190
Names mentioned 5 people and organisations named in the text · linked when the evidence is strong
unresolved
org
PT Indokoei International
p.8
unresolved
org
PT Granif Konsultan
p.8
unresolved
org
Directorate General of New
p.16
unresolved
org
Minister of Energy and Mineral Resources
p.17
Extraction attempts how the parser did, and what it refused
Nothing structured was extracted from this document — the attempts below say why.
No extraction attempted yet.