(Completed / Ongoing)
Collection and validation of official biomass data (rice straw & sugarcane leaves) from provincial agricultural authorities
Clusterization of the province into five operational biomass clusters, optimized for logistics, feedstock density, and grid access
Preliminary sizing of power generation capacity, composting plants, and biomass logistics infrastructure
Initial estimation of community income, PM2.5 reduction, and GHG mitigation potential
Outcome:
A province-wide, data-backed project structure suitable for investor screening and policy alignment.
(Next 6–12 months)
Engagement with district-level stakeholders, farmer groups, and community enterprises within each cluster
Alignment with provincial clean-air, climate, and agricultural sustainability objectives
Definition of feedstock aggregation mechanisms and community participation framework
Refinement of project scope into bankable modules (power, compost, logistics)
Outcome:
Clear stakeholder buy-in and social license to operate at cluster level.
(12–18 months)
Technical and commercial feasibility studies for:
Biomass power generation assets
Cluster-scale composting plants (500,000 tons/year each)
Selective biomass warehousing (30–50 km service radius)
Grid interconnection and preliminary permitting assessments
Development of environmental, social, and governance (ESG) baseline and MRV framework
Outcome:
Investment-ready project packages aligned with DFI and climate-finance requirements.
(18–24 months)
Finalization of SPV and holding structure at cluster and provincial level
Engagement with DFIs, climate funds, and strategic partners
Structuring of blended finance (equity, concessional debt, climate-linked instruments)
Preparation of term sheets, investment memoranda, and climate impact documentation
Outcome:
Financial close readiness with diversified revenue and risk-sharing structure.
(24–48 months)
Phased development starting with priority clusters based on readiness and grid access
Construction and commissioning of:
Biomass power plants
Composting facilities
Essential biomass storage and logistics hubs
Progressive integration of digital MRV and operational monitoring systems
Outcome:
Incremental capacity build-out with early revenue generation and impact delivery.
(Post-Commissioning)
Stable operation across all five clusters
Delivery of renewable electricity, organic compost, and verified climate benefits
Carbon credit readiness and participation in voluntary or compliance markets
Replication of the Korat model to other agricultural provinces in Thailand and ASEAN
Outcome:
A fully operational provincial biomass infrastructure platform with long-term scalability.
The Korat REnergy platform is intentionally designed for phased execution, allowing:
Early deployment with controlled capital exposure
Progressive de-risking through data, contracts, and operations
Expansion into additional climate value streams (carbon, soil, Scope 3 reduction)
This milestone pathway supports long-term infrastructure investors seeking measurable impact, resilient cash flows, and regional replication potential.