Hijaunesia Program GCL Solar Subprojects (ADB-59069-001)

Regions
  • East Asia and Pacific
Geographic location where the impacts of the investment may be experienced.
Countries
  • Indonesia
Geographic location where the impacts of the investment may be experienced.
Specific Location
Gajahmungkur reservoir, Wonogiri Regency, Central Java; Banyuwangi Regency, East Java
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
A
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Oct 9, 2025
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
GCL Intelligent Energy (Suzhou) Co. Ltd., Perum Jasa Tirta I, PT PLN Indonesia Power
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 46.93 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Loan Amount (USD)
$ 46.93 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ ADB website

Updated in EWS Jan 16, 2026

Disclosed by Bank Aug 27, 2025

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

As stated by the ADB, Gajahmungkur Floating Solar Project: 100MWac floating solar PV plant to be built on the surface of the Gajahmungkur reservoir, Wonogiri Regency, Central Java which is currently used by a hydroelectric power plant owned by Perum Jasa Tirta I, one of the Sponsors of Gajahmungkur Floating Solar Project. The total surface area required for development is 250 hectares. The transmission line for Gajahmungkur floating solar PV plant is connected to Nguntoronadi 150 kV Substation. The distance to the nearest switchyard is approximately 11.7 kilometers from the floating PV site.

Banyuwangi Ground-Mounted Solar Project: 100MWac ground mounted solar PV plant to be built in Banyuwangi Regency, East Java. The transmission line for the Banyuwangi PV plant is connected to Banyuwangi 150 kV Substation. The distance to the nearest switchyard is approximately 4 kilometers from the PV site.

Early Warning System Project Analysis
For a project with severe or irreversible impacts to local community and natural resources, the Early Warning System Team may conduct a thorough analysis regarding its potential impacts to human and environmental rights.

The ADB categorized the prject E&S risks as follows -

Environment: B
Involuntary Resettlement: A
Indigenous Peoples: C

Investment Description
Here you can find a list of individual development financial institutions that finance the project.
Private Actors Description
A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

As stated by Bloomberg, GCL Intelligent Energy Co., Ltd. offers provides power generation services. The Company offers electricity generation, electricity transmission, electricity distribution, power transformation, and other related services. GCL Intelligent Energy also provides heating services.

Jasa Tirta I is an Indonesian stated-owned water supply company based in Malang, East Java.

PT PLN is an Indonesian company responsible for the supply of electricity, especially in generation, transmission and distribution.

Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
GCL (Group) Holdings Co., Ltd. Client Energy contracts with Perum Jasa Tirta I Client Water and Sanitation
GCL (Group) Holdings Co., Ltd. Client Energy contracts with PT PLN Indonesia Power Client Energy
PT PLN Indonesia Power Client Energy contracts with Perum Jasa Tirta I Client Water and Sanitation

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

ADB Team Leader:

David Dovan
Email: ddovan@adb.org 

ACCESS TO INFORMATION

You can submit an information request for project information at: https://www.adb.org/forms/request-information-form

ADB has a two-stage appeals process for requesters who believe that ADB has denied their request for information in violation of its Access to Information Policy. You can learn more about filing an appeal at: https://www.adb.org/site/disclosure/appeals

ACCOUNTABILITY MECHANISM OF ADB

The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main.

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How it works