Thailand: CENTRAL THAILAND SOLAR POWER PROJECT

Nonsovereign Project | 46934-014

Summary

CENTRAL THAILAND SOLAR POWER PROJECT

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Project Name CENTRAL THAILAND SOLAR POWER PROJECT
Project Number 46934-014
Borrower/Company SOLARCO CTF
SOLARCO COMPANY LIMITED
Country Thailand
Location Nakhonpathom and Suphanburi Provinces
Approval Number 7384/8268, 7384/2992
Type or Modality of Assistance
7384 Loan THB 52.00 million Committed
7384/8268 Loan USD 35.00 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)
Description CENTRAL THAILAND SOLAR POWER PROJECT
Objectives and Scope The project will diversify Thailand's energy mix by adding renewable energy capacity, thus helping the country progress toward its clean energy targets. To achieve sustainable long-term economic growth, Thailand is promoting alternative sources of energy such as solar for power generation, and is beginning its transition to a low-carbon economy. Solar energy is a clean and sustainable source of electricity that diversifies the country's energy mix, strengthening energy security and reducing reliance on fossil fuel.
Linkage to Country/Regional Strategy ADB's country partnership strategy, 2007 2011 for Thailand has three core strategic areas: infrastructure, environmental sustainability, and capital markets. The government's Alternative Energy Development Plan, 2012 2021 notes the immense potential for solar power in Thailand and that energy imports can be avoided through its use with private investment. The project supports the government's long-term objective for the Thailand Clean Technology Fund Investment Plan to use ADB CTF resources to support renewable energy projects in the private sector.
Safeguard Categories
Environment B
Involuntary Resettlement C
Indigenous Peoples C
Summary of Environmental and Social Aspects
Environmental Aspects The potential environmental and social impacts of the project have been identified and effective measures to avoid, minimize, mitigate, and compensate for adverse impacts are incorporated in the initial environmental examination report. Solarco's institutional capacity and commitment to manage the project's social and environmental impacts are deemed adequate and described in the environmental management plan included in initial environmental examination reports. The project transmission lines are expected to have a short-term impact during construction and insignificant environmental impacts during the remaining life of the project.
Involuntary Resettlement The sites where the plants was constructed are already owned by Yanhee Power Holding, acquired on a willing-seller, willing-buyer basis.
Indigenous Peoples In compliance with ADB's Safeguard Policy Statement (2009), the project is classified as category B for environment, category C for involuntary resettlement, and category C for indigenous peoples. During construction, a maximum of 160 construction workers will be at each project site at any particular time. For gender classification, the project is categorized as having no gender element.
Stakeholder Communication, Participation, and Consultation Solarco will comply with ADB's Social Protection Strategy and report annually to ADB on their compliance with national labor laws and adherence to internationally recognized core labor standards. Several public hearings and information dissemination activities involved stakeholders to ensure public participation.
Timetable for assistance design, processing and implementation
Concept Clearance 20 Aug 2012
Due Diligence 20 Nov 2012
Credit Committee Meeting 21 Jan 2013
Approval 28 Feb 2013
PDS Creation Date 31 Jan 2013
Last PDS Update 23 Sep 2014

Safeguard Documents

See also: Safeguards
Title Document Type Document Date
Central Thailand Solar Power Project Initial Environmental Examination Feb 2013

Evaluation Documents

See also: Independent Evaluation

No documents found.


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