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OVERVIEW Sarulla Operations Ltd

MPI is member of consortium Sarulla Operations Ltd (“SOL”) together with INPEX Corporation, Ormat International Inc., ITOCHU Corporation, and Kyushu Electric Power Co. Inc commence commercial operations of Geothermal Power Plant located in Tapanuli, North Sumatera. This project is one of the largest geothermal power plants in the world with up to 330 MW total capacities in one single contract.

Power generated from Sarulla Geothermal Power Plant is scheduled to be sold to Perusahaan Listrik Negara (PLN) over a period of 30 years. The project is planned to consists of three phases, the second phase and third with each capacity of 110 MW each is scheduled to be in commercial operation  in 2017 and 2018. The operation of Sarulla Power Plant will generate electricity without emitting a high level of CO2 to reduce the impact on the environment and also to generate a stable electricity.

Sarulla Geothermal Power Plant is expected to meet the need of electricity in North Sumatera and also to support fuel saving with renewabe energy utilization.