Project Milestones

Phase 0 – Platform Preparation & Institutional Alignment

Target period: Month 0–3

• Confirmation of provincial biomass availability based on official agricultural data

• Definition of cluster boundaries (North, South, West, East) and capacity allocation

• Preliminary environmental and air-quality impact assessment (PM2.5 reduction logic)

• Initial stakeholder alignment with provincial and district-level authorities

• High-level site screening for biomass power plants, composting facilities, and warehouses

• Establishment of project SPV framework and holding company structure

• Preliminary climate finance and carbon credit eligibility assessment

Key Deliverables:

• Provincial master plan and cluster development map

• Initial ESG and climate impact framework

• Pre-feasibility concept note for investors and DFIs

Phase 1 – Pre-Feasibility, Feedstock Security & Early Financing

Target period: Month 3–9

• Detailed biomass supply chain mapping by district and crop type

• Farmer aggregation strategy and community enterprise engagement

• Definition of biomass pricing, logistics model, and warehouse catchment areas (≤50 km)

• Pre-feasibility studies for biomass power plants and composting facilities

• Initial grid interconnection screening and power offtake assumptions

• Climate and carbon methodology screening (T-VER / VCM pathways)

• Early engagement with anchor investors, DFIs, and climate funds

Key Deliverables:

• Pre-feasibility study (technical, financial, environmental)

• Feedstock aggregation and logistics strategy

• Initial investor information package

Phase 2 – Permitting, Structuring & Bankability Enhancement

Target period: Month 9–18

• Land identification and site control for power plants, compost plants, and warehouses

• Environmental and social assessments aligned with international standards

• Grid interconnection studies and technical confirmations

• Selection of preferred technology providers (boiler, turbine, composting systems)

• Development of Digital MRV architecture for biomass, power, and compost flows

• Carbon program design and programmatic registration preparation

• Structuring of blended finance, concessional capital, and climate-linked instruments

Key Deliverables:

• Permits and regulatory approvals (as applicable)

• Bankable technical configurations

• Climate finance and carbon credit framework finalized

Phase 3 – Financial Close & EPC Readiness

Target period: Month 18–24

• Finalization of equity participation and shareholder agreements

• Debt and concessional finance documentation

• Power offtake and grid connection agreements (where applicable)

• Carbon credit offtake discussions and forward-sale options

• EPC tendering, evaluation, and contract negotiation

• Final investment decision (FID) at cluster or phased-cluster level

Key Deliverables:

• Financial Close (cluster-by-cluster or phased)

• Signed EPC and O&M frameworks

• Carbon monetization strategy in place

Phase 4 – Construction & Infrastructure Deployment

Target period: Month 24–42

• Construction of biomass power plants by cluster

• Construction of organic composting facilities (200 KT and 500 KT capacities)

• Development of decentralized biomass warehouses

• Installation of digital metering, weighing, and monitoring systems

• Community training for feedstock handling and compost application

• Progressive commissioning by cluster

Key Deliverables:

• Mechanical Completion certificates

• Commissioned compost and warehouse infrastructure

• Digital MRV systems operational

Phase 5 – Commissioning, Optimization & Carbon Issuance

Target period: Month 42–48

• Commercial operation of biomass power plants

• Ramp-up of compost production and distribution

• Verification of biomass diversion from open burning

• Third-party validation and verification for carbon credit issuance

• Initial issuance and monetization of carbon credits

• Operational optimization for fuel efficiency and logistics

Key Deliverables:

• Commercial Operation Date (COD) achieved

• First carbon credit issuance

• Stable operational performance metrics

Phase 6 – Scale-Up, Replication & Long-Term Value Creation

Target period: Year 4 onward

• Expansion of compost utilization and soil regeneration programs

• Introduction of advanced carbon methodologies (soil carbon, insetting)

• Replication of the platform in additional provinces

• Portfolio aggregation for refinancing or green bond issuance

• Long-term optimization through digital analytics and predictive maintenance

Key Deliverables:

• Scaled provincial and multi-provincial portfolio

• Enhanced carbon and ESG revenue streams

• Long-term infrastructure asset optimization