Joint Venture Funding Proposal proposal.bireka.id | Bireka + Grid + Strategic Investor

Bio-Powered Electric Trail Motorcycles

Dedicated Motorcycle Division Co-Owned by Bireka, Grid & Strategic Investor

Leveraging 1.2MW+ wasted biomass electricity from palm oil mills. Asset-light subcontractor network delivering 500 trail bikes/month at IDR 18M Ex-Factory unit price (clients manage estate delivery).

IDR 18M
Ex-Factory Unit Price
IDR 13M
Subcontracted COGS / Unit
IDR 18B
Total Working Capital Ask
IDR 108B
Annual Turnover Potential
Executive Summary Opportunity Overview

Solving Remote Plantation Logistics via Circular Energy

The Problem

Remote Petrol & High OPEX

Shipping gasoline into remote estates creates high logistical costs (~IDR 15,000/L). ICE bikes suffer burnt clutches, high wear in soft mud, and fuel theft.

The Solution

IDR 18M Ex-Factory Fleet

Targeting an affordable IDR 18 Million Ex-Factory price per bike (excluding battery & shipping). Subcontracted COGS targeted at IDR 13M.

The Investment

IDR 18B Working Capital Ask

100% deployed into component procurement upon customer PO presentation. Yields 22.2% net operating margin with investor payback in ~12.9 months.

Industry Pain Points Operational Bottlenecks

Why Current ICE Motorcycles Fail in Palm Plantations

1. Extreme Mud Terrain & 400kg Payloads

  • Each 10,000 Ha estate requires 20 to 50 motorcycles for Fresh Fruit Bunch (FFB) collection.
  • Bikes carry 250 kg to 400 kg load per trip over deep, soft mud trails.
  • Standard petrol bikes lack sustained low-RPM torque, causing frequent clutch burnouts and engine overheating.

2. High Logistics OPEX & Fuel Theft

  • Plantations are remote; trucking gasoline in incurs massive logisitics markup (~IDR 15,000+/Liter).
  • Significant revenue leakage from gasoline siphoning and theft in field blocks.
  • Heavy mechanical wear requires constant oil changes, air filter swaps, and costly spare parts inventories.
Energy Innovation Circular Microgrid

Free 24/7 Power: The Palm Oil Mill Microgrid

1. Mill Biomass Waste
PKS & Mesocarp Fiber
2. Steam Turbines
Continuous Processing
3. 1.2MW+ Excess Energy
Unstorable / Curtailed
4. Grid Swap Stations
Zero-Cost Mill Charging

Biomass Cogeneration

Mills burn byproducts (palm kernel shells & fiber) to produce steam for oil extraction, driving turbine generators continuously.

1.2MW Curtailed Capacity

Even small palm mills output at least 1.2MW surplus power. Since power cannot be stored or exported, it is currently wasted.

24/7 Fleet Charging

Electricity is available around the clock inside estate compounds, powering Grid battery rental stations at zero energy cost.

Corporate Governance Joint Venture Architecture

Dedicated Motorcycle Division (Co-Owned Entity)

Founding Partner 1

PT. Bhinneka Rekayasa Teknologi (Bireka)

  • Motorcycle engineering & chassis design R&D
  • Subcontractor vendor network management
  • In-house QA/QC deluge booth & dyna testing hub
  • Bireka FMS telemetry & CAN-bus software IP
Founding Partner 2

PT. Garuda Rekayasa Infrastruktur Digital (Grid)

  • Battery-as-a-Service (BaaS) infrastructure integration
  • Mill battery swap station deployment & charging
  • Battery pack health maintenance & recycling
  • Grid RMS enterprise fleet rental billing engine
Equity Partner 3

Strategic Investor

  • IDR 18.0 Billion Working Capital Ask
  • 100% PO-gated capital release protection
  • Executive board representation & governance
  • 2-Phase accelerated return & ongoing dividend yield

Clear Legal Separation & Synergistic Governance

Bireka and Grid operate as separate legal entities, uniting to co-found this dedicated Motorcycle Operating Company alongside the Strategic Investor — creating direct equity alignment and high-margin asset growth.

Co-Owned Operating Entity
Product Engineering Vehicle Specs

Electric Trail Motorcycle: Built for Mud & Heavy FFB Loads

Technical Specifications

Form Factor Heavy-duty Off-Road Trail Geometry
Ex-Factory Unit Price IDR 18 Million (Excl. Battery & Freight)
Subcontracted COGS IDR 13 Million (BOM + Vendor Assembly)
Top Speed Capped at 65 km/h (Gearing for Torque)
Payload Target 250 kg – 400 kg Harvest Capacity

Engineering Design Rationale

  • Low-RPM Torque Over Top Speed: Speed capped at 65 km/h; 100% motor torque delivered at 0 RPM to pull out of mud ruts without burning clutches.
  • Standardized Battery Dock: Chassis engineered to seamlessly accept Grid quick-swap battery modules with locking mechanism.
  • Heavy-Duty Cargo Racks: Side pannier hooks and balanced rear platform customized for palm fruit basket loading.
  • Zero Maintenance Transmission: Eliminates clutch plates, engine oil, spark plugs, and air filter maintenance.
Manufacturing Strategy Asset-Light Operating Model

Fabless Subcontractor Network & Quality Control Hub

Subcontracted Production

Zero Factory CAPEX

Frame fabrication, tube bending, welding, painting, and motor assembly are outsourced to established automotive vendors in Indonesia.

Ex-Factory Target Price
IDR 18 Million
Ex-Staging Hub Price (Excl. Freight)

Subcontracted COGS targeted at IDR 13M. Clients manage estate barging/shipping directly.

In-House QA/QC

Quality & Testing Control

Our team retains 100% control over product specs, component procurement, IP67 deluge testing, and final QA staging inspection.

Financial Case Cost Analysis

ICE Petrol vs. Electric Trail Motorcycle (Per Bike / Year)

Cost Category ICE Petrol Motorcycle E2W Electric Trail Bike Annual Savings Per Bike
Energy / Fuel Cost IDR 18,000,000 (4L/day @ IDR 15K/L) IDR 0 (Mill Steam Power) IDR 18,000,000
Routine Maintenance IDR 4,500,000 (Oil, Clutch, Filters) IDR 1,200,000 (Tires, Brake Pads) IDR 3,300,000
Fuel Theft / Loss IDR 3,000,000 (Est. 15% Siphoning Loss) IDR 0 (Un-siphonable Power) IDR 3,000,000
TOTAL OPEX PER YEAR IDR 25,500,000 IDR 1,200,000 IDR 24,300,000 / Bike
Full Payback Period
8.9 Months
At IDR 18M unit chassis price, the bike pays for itself completely in under 9 months of operation!
100-Bike Fleet Annual Savings
IDR 2.43 Billion
Direct operational cash flow boost for a typical 20,000–30,000 hectare plantation group.
Interactive Model Live ROI Calculator

Estate Fleet Savings & Payback Simulator

Adjust Plantation Parameters

Total Fleet Required
120 Motorcycles
Annual Estate OPEX Savings
IDR 2.91 Billion
Estimated Payback Period
8.9 Months
Market Validation TAM Coverage Timeline

Indonesian Palm Oil TAM & 14-Year Production Runway

Penetration Milestone Fleet Volume Fulfillment Horizon (500u/mo) Strategic Growth Insight
Anchor Waitlist Site (40k Ha) 80 – 200 Units < 1 Month (12-24 days) Immediate Phase 1 pilot deployment & operational validation
10% National TAM Capture 8,400 Units 1.4 Years (17 Months) Rapid market capture across major Sumatra plantation groups
100% Total National TAM 84,000 Units 14 Years Backlog Single facility runs at 100% capacity for years without saturation
Total National Market
16.8M Ha
World's largest palm producer across Sumatra, Kalimantan & Papua.
National Fleet Demand
84,000 Units
Represents IDR 1.51 Trillion (~$96M USD) in hardware TAM.
Single Facility Capacity Utilization
100% Capacity
500u/mo output takes 14 years to fulfill total national demand.
Commercial Strategy Unit Economics & OPEX

Unit Economics Breakdown (Per Motorcycle @ IDR 18M)

Unit Revenue / Cost Category Amount (IDR) % of Selling Price Financial Description
Unit Selling Price (Ex-Factory) IDR 18,000,000 100.0% Ex-staging hub price to plantation client (excl. battery & freight)
Subcontracted COGS (BOM + Vendor) IDR 13,000,000 72.2% Raw component purchasing, frame fabrication, painting & vendor fees
GROSS PROFIT PER UNIT IDR 5,000,000 27.8% Gross profit generated per motorcycle sold
Company OPEX Allocation IDR 1,000,000 5.6% Funds in-house QA/QC salaries, staging hub rent, warranty reserve
NET OPERATING PROFIT (EBITDA) IDR 4,000,000 22.2% Net operating profit per motorcycle for investor return & dividends
Annual Turnover / Revenue
IDR 108.0 Billion / Year
At 500u/mo output (6,000 units/year × IDR 18.0M selling price).
Annual Net Operating Profit
IDR 24.0 Billion / Year
After funding IDR 6.0B annual company OPEX budget.
Sustainability & ESG Environmental Impact

100% Circular Bioenergy & ESG Compliance

Circular Economy & Decarbonization

  • True Net-Zero Mobility: Replaces fossil gasoline with 100% biomass waste steam electricity generated on-site.
  • Carbon Offset: Eliminates ~2.5 tons of CO2 emissions per motorcycle per year. A 100-bike fleet offsets 250 tons of CO2 annually.
  • Zero Ground Contamination: Prevents ground chemical contamination from fuel spills and illegal jerry-can storage in pristine ecosystems.

RSPO & ISPO Certification Boost

  • Assists plantation groups in meeting strict RSPO (Roundtable on Sustainable Palm Oil) carbon reduction targets.
  • Enhances sustainability scores required for premium export pricing to European and North American palm oil markets.
  • Protects corporate governance by eliminating internal fuel siphoning and undocumented cash transactions for remote petrol.
Investor Returns & Governance 2-Phase Profit Split

Working Capital Ask: IDR 18 Billion (PO-Gated Release)

Phase 1: Capital Payback Window (~12.9 Months)

70% Accelerated Repayment

IDR 1.4 Billion / month (70% of Net Operating Profit) is routed to investor capital repayment until the IDR 18B Ask is 100% repaid.

30% (IDR 600M / mo) retained by company for growth reserves.

Phase 2: Post-Payback Dividend Split (Ongoing)

25% Ongoing Equity Dividend Yield

Investor receives an agreed 25% equity profit dividend (IDR 6.0 Billion / year) as an ongoing passive yield (33.3% annual ROI).

Founding partners (Bireka & Grid) retain 75% (IDR 18.0B / year) for scale & dividends.

Working Capital Item Allocation Description Amount (IDR) % of Ask
Component Procurement & Subcontractors 2.4-Month Component Buffer (1,200 Chassis Units @ IDR 13M Subcontracted COGS) IDR 15.6 Billion 86.7%
QA/QC Testing Rig & Staging Hub IP67 Deluge Test Booth, Dynamometer Rig & Staging Hub (Clients manage shipping freight) IDR 1.2 Billion 6.7%
Engineering, QA Team & Operating Reserve In-House Quality Inspection Team, Field Technicians, R&D Operating Buffer IDR 1.2 Billion 6.7%
TOTAL WORKING CAPITAL ASK PO-Gated Release: Zero Funds Transferred Prior to Customer Purchase Order IDR 18.0 Billion 100%
Confidentiality & Access proposal.bireka.id | Data Room Protocol

Next Steps & Data Room Access: Request Non-Disclosure Agreement

Waitlist Directory

Plantation Pipeline Details

Itemized directory of waitlisted palm plantation management companies, estate sizes (40,000+ Ha), regional locations, and trial agreements.

Prototype Media & CAD

Vehicle Prototype Gallery

High-resolution vehicle prototype photographs, field trial video footage in soft mud terrain, and complete technical CAD engineering drawings.

Entity Audits

Party Profiles & Legal Specs

Complete corporate registry, legal entity documentation, and technical audited specifications of PT. Bhinneka Rekayasa Teknologi & PT. Garuda Rekayasa Infrastruktur Digital.

Confidentiality Notice & Data Room Access Protocol

To preserve commercial advantage and client confidentiality, full access to the Investor Data Room — including waitlist contracts, prototype galleries, and complete partner documentation — requires an executed Non-Disclosure Agreement (NDA).

Request NDA Execution
proposal.bireka.id | PT. Bhinneka Rekayasa Teknologi & PT. Garuda Rekayasa Infrastruktur Digital