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PTPP-CNI Tandatangani Perjanjian Kerjasama
20 November 2020

PTPP-CNI Signs The Cooperation Agreement

PT PP (Persero) Tbk (“the Company”) has signed a cooperation agreement in the construction of the Ferronickel Smelter Production Line 2 and Production Line 5-6 Block Lapaopao in Southeast Sulawesi Province. The signing was held on Friday (20/11) at the PT Ceria Nugraha Indotama ("CNI") office at Southquarters Tower, Jakarta. In the event, Nurlistyo Hadi as SVP of the EPC Division of the Company represented the company in signing the Cooperation agreement, while CNI was represented by Derian Sakmiwita as the President Director. Also attending the event were the President Director of the Company Novel Arsyad, the Director of Operation 3 of the Company Eddy Herman Harun, and Legal Corporate CNI Aulia Wiratama.

The construction of the Ferronickel Smelter (“Smleter”) is located in Wolo District, Kolaka Regency, Southeast Sulawesi Province. The project has a contract value of Rp1.01 Trillion for Phase 2 (Production Line 2) work and Rp.2.21 Trillion for Phase 4 work (Production Line 5-6). The work implementation period is 26 (twenty six) months for Production Line 2 work and 34 (thirty four) months for 5-6 Production Line work. The scope of work to be carried out by the Company includes: Preparatory work, Civil works (foundations, steel structures, access roads inside the plant, and supporting buildings), BOP Mechanical work (water treatment plants, pumps, and comprehensive pipelines), and BOP Electrical work (substation 150 kV, transmission 150 kV, EDG).

After successfully being trusted to work on Phase 1 for Production Line 1 together with China ENFI Engineering Corporation ("ENFI"), the Company was again given the trust of CNI as the owner to work on the construction of Phase 2 (Production Line 2) and Phase 4 (Production Line 5 & 6) Ferronickel Smelters. The company thanks to CNI for the trust given to building the project. Armed with the experience and quality of work owned by the Company, we are confident that we can complete the construction work according to the targeted time.