BOQ Overview
This document presents the detailed allocation of the USD 1,000,000,000 capital investment required for the development of PT Sapta Borneo Utama's Integrated Sugar Mill, Ethanol Plant, Biomass Power Plant, Plantation Expansion, Carbon Credit Program and Supporting Infrastructure.
USD 1.0 BillionTotal Project Cost
10,000 TCDSugar Mill Capacity
60 KLPDEthanol Plant
30 MWBiomass Power Plant
20,000 HaPlantation Program
24–30 MonthsConstruction Period
Funding Structure
10,000 TCDSugar Factory
60 KLPDEthanol Plant
30 MWBiomass Power Plant
500 HaCore Plantation
SP-01 to SP-05Industrial Zoning
24–30 MonthsImplementation Period
Funding Structure
- Equity Contribution: USD 200,000,000 (20%)
- Senior Debt Financing: USD 800,000,000 (80%)
- Debt Tenor: 20 Years
- Fixed Interest Rate: 3.00% per annum
- Minimum DSCR: 1.30x
- DSRA Requirement: USD 35.27 Million
- EPC Contract Value: USD 442.50 Million
Detailed Use of Funds Allocation
| Component | Amount (USD) | Allocation |
|---|---|---|
| Sugar Mill EPC | 442,500,000 | 44.25% |
| Ethanol Plant | 95,000,000 | 9.50% |
| Biomass Power Plant | 80,000,000 | 8.00% |
| Plantation Development | 85,000,000 | 8.50% |
| Infrastructure & Utilities | 70,000,000 | 7.00% |
| Storage & Logistics | 40,000,000 | 4.00% |
| Land & Site Development | 90,000,000 | 9.00% |
| Executive Facilities | 16,000,000 | 1.60% |
| ESG & Carbon Credit Program | 18,000,000 | 1.80% |
| Working Capital & Contingency | 63,500,000 | 6.35% |
| Total Project Cost | 1,000,000,000 | 100% |
SP-01 — Main Process Area
| Facility | Purpose |
|---|---|
| Cane Reception | Receiving and weighing sugarcane. |
| Cane Preparation | Preparation before milling. |
| Milling Station | Juice extraction from sugarcane. |
| Juice Treatment | Clarification and preparation for evaporation. |
| Evaporation & Crystallization | Sugar concentration and crystallization. |
| Drying & Packing | Final sugar drying, packaging and dispatch preparation. |
| Ethanol Facility | Processing molasses or feedstock into ethanol products. |
SP-02 — Utilities & Biomass Power Area
| Utility | Purpose |
|---|---|
| 30 MW Biomass Power Plant | Renewable power generation from bagasse and biomass residues. |
| Boiler House | Steam generation for process and power. |
| Steam Turbine Generator | Power production and cogeneration. |
| Water Treatment Plant | Raw water and demineralized water treatment. |
| Wastewater Treatment Plant | Environmental compliance and wastewater management. |
| Firewater System | Fire protection and emergency response. |
| Electrical Substation | Power distribution and grid interface. |
SP-03 — Warehouse & Logistics Area
| Facility | Purpose |
|---|---|
| Finished Sugar Warehouse | Storage of final sugar products. |
| Ethanol Storage Tanks | Storage and dispatch of ethanol products. |
| Molasses Storage Tanks | Molasses storage for ethanol and industrial use. |
| Chemical Warehouse | Controlled storage of process chemicals. |
| Spare Parts Warehouse | Maintenance and spare parts storage. |
| Truck Loading Area | Inbound and outbound logistics control. |
| Weighbridge | Vehicle and material weight measurement. |
SP-04 — Supporting Facilities Area
| Facility | Purpose |
|---|---|
| Administration Office | Management and corporate operations. |
| Security Post | Access control and site security. |
| Training Center | Workforce training and safety briefings. |
| Clinic / First Aid Station | Occupational health and emergency support. |
| Workshop | Maintenance and repair activities. |
| Laboratory | Quality control and testing. |
| Parking and Assembly Area | Employee parking and emergency assembly. |
SP-05 — Future Expansion & Green Buffer Area
- Future process expansion area.
- Additional storage area.
- Green buffer and landscaping.
- Drainage retention area.
- Environmental protection area.
- Additional sustainability and carbon credit infrastructure.
Internal Circulation Plan
The site masterplan includes separate circulation systems for:
- Cane trucks.
- Product logistics.
- Contractor vehicles.
- Employee vehicles.
- Emergency vehicles.
- Pedestrian movement.
Design principles include separation of heavy vehicles and pedestrians, one-way traffic where feasible, safe entry and exit control, emergency vehicle access and adequate turning radius for industrial trucks.
Environmental Management Features
| Area | Feature |
|---|---|
| Water | Wastewater treatment, stormwater drainage and water management infrastructure. |
| Pollution Control | Oil and chemical containment, dust control, noise mitigation and solid waste areas. |
| Green Buffer | Landscaped buffer zones, environmental protection areas and drainage retention. |
Safety & Security Features
- Controlled site access.
- Security gate and guard house.
- CCTV and perimeter control.
- Firewater network.
- Hydrant system.
- Emergency assembly points.
- Emergency vehicle access.
- Hazardous material storage separation.
Masterplan Conclusion
The PT Sapta Borneo Utama Detailed BOQ & Use of Funds provides a structured industrial layout to support the long-term development of an integrated sugar, ethanol, biomass power, plantation and sustainability platform.
Document Information
| Document Owner | PT Sapta Borneo Utama |
|---|---|
| Project | USD 1 Billion Integrated Sugar Factory Project |
| Location | Majalengka, West Java, Indonesia |
| Classification | Confidential |
| Status | Final / Published |
| Prepared For | Lenders, ECAs, Institutional Investors and Strategic Partners |
| Date | June 2026 |
Revision History
| Version | Date | Document No. | Status | Description |
|---|---|---|---|---|
| 1.0 | June 2026 | SBU-PROJ-005 | Final / Published | Detailed BOQ & Use of Funds issued for institutional lender data room publication. |