Chonburi Natural Gas Power Project (ADB-51051-001)

Countries
  • Thailand
Geographic location where the impacts of the investment may be experienced.
Specific Location
Khao Khansong Sub -district, Si Racha District, Chonburi
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
Proposed
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
Jun 5, 2018
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
Gulf SRC Company Limited
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)
$ 228.00 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 Jun 25, 2020

Disclosed by Bank Oct 5, 2018

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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.

According to bank document, the project entails the construction and operation of a 2,500 megawatt natural gas power project in Chonburi province, Thailand. The Sriracha Power Plant covers area of 450 rais in the Hemaraj Eastern Seaboard Industrial Estate (Hemaraj ESIE) at Khao Khansong Sub-district, Si Racha District, Chon Buri Province. 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 program.The proposed Plant will utilize natural gas as main fuel and diesel oil as back up fuel. The total installed capacity of this power plant is 2,650 MW which will be sold to the Electricity Generating Authority of Thailand (EGAT). Major machineries and equipment of the Uthai Power Plant will be four combustion turbine generators (CTG), four heat recovery steam generators (HRSG) and four steam turbine generators (STG). The generated electricity to be sold to EGAT will be dispatched via the 500 kV Pluak Daeng Sub-station. The natural gas for the project to be supplied by PTT (Public) Co., Ltd. is approximately 368Mft3/day and the diesel oil supply as contingency fuel, is approximately 8,500 m3/day.

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.

Project sponsor Gulf Energy Development Public Company Limited
MITSUI & CO.

Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - Gulf SRC Co., Ltd. Client -
- - - - TEAM Consulting Engineering and Management Co., Ltd. Contractor -

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 Project Officer

Lockhart, Robert S.

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