ADB's equity investment and corporate loan facilities will be used to partially fund the financing requirements for the expansion of B.Grimm Power Public Company Limited (_B.Grimm_ or the _Company_)'s energy business in the ASEAN region
| Project Name | ASEAN Distributed Power Project | ||||||||||
| Project Number | 50410-001 | ||||||||||
| Borrower/Company | B.Grimm Power Public Company Limited |
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| Country | Regional |
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| Location | Regional | ||||||||||
| Type or Modality of Assistance |
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| Strategic Agendas | Environmentally sustainable growth Inclusive economic growth Regional integration |
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| Drivers of Change | Partnerships Private sector development |
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| Sector / Subsector | Energy / Renewable energy generation - solar |
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| Gender Equity and Mainstreaming | No gender elements | ||||||||||
| Responsible ADB Department | Private Sector Operations Department | ||||||||||
| Responsible ADB Division | Infrastructure Finance Division 2 | ||||||||||
| Responsible ADB Officer | Hong, Won Myong | ||||||||||
| Project Sponsor(s) | |||||||||||
| Description | ADB's equity investment and corporate loan facilities will be used to partially fund the financing requirements for the expansion of B.Grimm Power Public Company Limited (_B.Grimm_ or the _Company_)'s energy business in the ASEAN region | ||||||||||
| Objectives and Scope | |||||||||||
| Linkage to Country/Regional Strategy |
| Safeguard Categories | |
|---|---|
| Environment | B |
| Involuntary Resettlement | B |
| Indigenous Peoples | B |
| 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 | 31 Jan 2017 |
| Credit Committee Meeting | 31 Mar 2017 |
| Approval | 17 May 2017 |
| Last PDS Update | 04 Oct 2018 |
Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.
The Access to Information Policy (AIP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.
The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.
In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.
| Title | Document Type | Document Date |
|---|---|---|
| ASEAN Distributed Power Project: Initial Poverty and Social Analysis | Initial Poverty and Social Analysis | May 2018 |
| ASEAN Distributed Power Project: Report and Recommendation of the President | Reports and Recommendations of the President | Apr 2017 |
Safeguard Documents See also: Safeguards
Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.
None currently available.
Evaluation Documents See also: Independent Evaluation
None currently available.
Related Publications
None currently available.
The Access to Information Policy (AIP) establishes the disclosure requirements for documents and information ADB produces or requires to be produced in its operations to facilitate stakeholder participation in ADB's decision-making. For more information, refer to the Safeguard Policy Statement, Operations Manual F1, and Operations Manual L3.
Requests for information may also be directed to the InfoUnit.
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ADB, B.Grimm Power Expand Support for Renewable Energy in ASEAN
ADB today signed a loan equivalent of up to $235 million with B.Grimm Power Public Company Limited, one of the largest power producers in Thailand, to develop and enhance renewable energy capacity in member countries of ASEAN.