The Project will be one of the largest power plants in Thailand and will help meet the projected growth and industrial transformation plans under the Eastern Economic Corridor (EEC) development plan. To support the EEC development plan, substantial investment is needed in social and utility services such as schools, hospitals, water, and electricity. In the future, EEC will become a hub of trade and investment, a center for regional transportation and logistics, a significant source for human resources, a tourist attraction, and the modern gateway to ASEAN, China, and India. Demand for electricity is expected to increase in parallel with growth in tourism, commercial, and industrial activities, and from the influx of residents in search of new employment and better quality of life.
| Project Name | Eastern Economic Corridor Independent Power Project |
| Project Number | 53239-001 |
| Borrower/Company | |
| Country | Thailand |
| Location | |
| Type or Modality of Assistance | |
| Strategic Agendas | Environmentally sustainable growth Inclusive economic growth |
| Drivers of Change | Partnerships Private sector development |
| Sector / Subsector | Energy / Conventional energy generation - Energy efficiency and conservation |
| Gender Equity and Mainstreaming | Some gender elements |
| Responsible ADB Department | Private Sector Operations Department |
| Responsible ADB Division | Infrastructure Finance Division 2 |
| Responsible ADB Officer | Hashizume, Shuji |
| Project Sponsor(s) | Gulf Energy Development Public Company Limited |
| Description | The Project will be one of the largest power plants in Thailand and will help meet the projected growth and industrial transformation plans under the Eastern Economic Corridor (EEC) development plan. To support the EEC development plan, substantial investment is needed in social and utility services such as schools, hospitals, water, and electricity. In the future, EEC will become a hub of trade and investment, a center for regional transportation and logistics, a significant source for human resources, a tourist attraction, and the modern gateway to ASEAN, China, and India. Demand for electricity is expected to increase in parallel with growth in tourism, commercial, and industrial activities, and from the influx of residents in search of new employment and better quality of life. |
| Objectives and Scope | The Project entails the construction and operation of a 2,500 megawatt (MW) gas-fired IPP project in Rayong province, Thailand. The Project will be one of the largest power plants in Thailand and will help meet the projected growth and industrial transformation plans under the Eastern Economic Corridor (EEC) development plan. The Project will provide significant generating capacity that is reliable, efficient, and cost-effective. |
| Linkage to Country/Regional Strategy | The project is consistent with ADB's Strategy 2030 which includes: i) promotion of private sector participation in infrastructure through project financing, ii) prioritizing investments for low greenhouse gas emission energy, and iii) building strong partnerships for more resource mobilization. ADB's support for the project is also in line with its country partnership strategy for Thailand, 2013-2016, and its country operations business plan, 2018-2020, both of which promote the support for private sector development, energy infrastructure, and responding to Thailand's needs and priorities as an upper middle-income country. |
| Safeguard Categories | |
|---|---|
| Environment | A |
| 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 | 27 Jun 2019 |
| Credit Committee Meeting | - |
| Approval | - |
| Last PDS Update | 17 May 2019 |
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.
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None currently available.
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.
| Title | Document Type | Document Date |
|---|---|---|
| Eastern Economic Corridor Independent Power Project: Environmental and Social Impact Assessment (Draft) | Environmental Impact Assessments | Jan 2019 |
Evaluation Documents See also: Independent Evaluation
None currently available.
Related Publications
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