Thailand: BANGCHAK SOLAR POWER PROJECT

Nonsovereign Project | 44931-014

Summary

The project involves construction of 2 solar power generation plants, a smaller 8 MW plant (net capacity with Provincial Electricity Authority offtake) and a larger 30 MW plant (net capacity with Electricity Generating Authority of Thailand offtake) in the Ayutthaya Province. The first plant has a gross capacity of 10 MW and will operate under the Very Small Power Producer (VSPP) program and the second plant has a gross capacity 34.5 MW and will operate under the Small Power Producer (SPP) program. The site has approximately 480 rai (76.8 hectares) of relatively flat land. The two plants are being implemented under a 5-year automatically renewable (on a continual basis) Power Purchase Agreement (PPA) with the Electricity Generating Authority of Thailand (EGAT) under the SPP and with the Provincial Electricity Authority (PEA) under the VSPP programs.

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Project Name BANGCHAK SOLAR POWER PROJECT
Project Number 44931-014
Borrower/Company BANGCHAK PETROLEUM PUBLIC CO. LTD.
Country Thailand
Location Ayutthaya province of Central Thailand
Approval Number 7314/2678
Type or Modality of Assistance
7314 Loan THB 134.31 million Committed
Strategic Agendas
Drivers of Change
Sector / Subsector Energy - Renewable energy generation - solar
Gender Equity and Mainstreaming
Responsible ADB Department Private Sector Operations Department
Responsible ADB Division Portfolio Management Division, PSOD
Responsible ADB Officer Jose Manuel Limjap
Project Sponsor(s) The Bangchak Petroleum Public Company Limited (BCP)
Description The project involves construction of 2 solar power generation plants, a smaller 8 MW plant (net capacity with Provincial Electricity Authority offtake) and a larger 30 MW plant (net capacity with Electricity Generating Authority of Thailand offtake) in the Ayutthaya Province. The first plant has a gross capacity of 10 MW and will operate under the Very Small Power Producer (VSPP) program and the second plant has a gross capacity 34.5 MW and will operate under the Small Power Producer (SPP) program. The site has approximately 480 rai (76.8 hectares) of relatively flat land. The two plants are being implemented under a 5-year automatically renewable (on a continual basis) Power Purchase Agreement (PPA) with the Electricity Generating Authority of Thailand (EGAT) under the SPP and with the Provincial Electricity Authority (PEA) under the VSPP programs.
Objectives and Scope
Linkage to Country/Regional Strategy The Project is in line with ADB's Country Partnership Strategy for Thailand 2007-2011 which focuses on three core strategic areas: infrastructure, environmental sustainability, and capital markets. The government's Alternative Energy Development Plan, approved by the Cabinet on January 2009, notes the potential of Thailand's solar energy and the savings on energy imports than can be made through its use, with private sector investment. The Project is also consistent with ADB's Energy Policy which emphasizes investments in energy efficiency and renewable energy projects.
Safeguard Categories
Environment B
Involuntary Resettlement C
Indigenous Peoples C
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
Timetable for assistance design, processing and implementation
Concept Clearance 02 Aug 2010
Due Diligence 06 Aug 2010
Credit Committee Meeting 03 Sep 2010
Approval 05 Oct 2010
PDS Creation Date 01 Sep 2010
Last PDS Update 30 Sep 2013
Title Document Type Document Date
Bangchak Solar Power Project TA Completion Reports Jul 2013

Evaluation Documents

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