Project Milestones
Project Milestones
Maha Sarakham Provincial Bioenergy Platform
Maha Sarakham Provincial Bioenergy Platform
The Maha Sarakham platform is being developed through a phased, cluster-based approach that prioritizes stakeholder alignment, bankability, and scalability. Milestones are designed to ensure disciplined execution while preserving flexibility for investors and partners.
Provincial-level biomass availability confirmed based on official agricultural data
Initial platform concept defined, covering biomass logistics, composting, renewable power, and digital MRV
Preliminary engagement with local stakeholders, farmer groups, and community enterprises
Initial discussions with strategic partners and institutional investors
This phase establishes the foundation for a province-wide, cluster-based bioenergy and circular economy platform.
Province segmented into three operational clusters (Northern, Central, Southern)
Indicative capacity allocation for:
Biomass logistics and storage
Organic composting facilities
Biomass power generation
Platform-level HoldCo and SPV framework designed in line with DFI best practices
ESG, MRV, and governance principles defined at platform level
This phase focuses on creating a scalable and bankable investment architecture.
Site screening for compost plants, power plants, and supporting infrastructure
Preliminary technical and commercial assessments (non-binding)
Early-stage environmental and social risk screening (DFI-aligned)
Initial discussions with utilities, offtakers, and relevant authorities
Engagement with potential EPC, technology, and service partners
The objective is to reach development readiness without locking in irreversible commitments.
Target: Medium Term
Finalization of cluster-level development plans
Structuring of investment entry points at HoldCo and SPV levels
Engagement with DFIs, climate funds, and strategic partners for anchor participation
Preparation for formal permitting, financing, and project documentation
At this stage, the project transitions from concept to execution readiness.
Phased construction by cluster to optimize logistics and risk management
Commissioning of compost plants, warehouses, and biomass power assets
Ramp-up of operations and supply chain stabilization
Implementation of digital MRV systems for ongoing monitoring and reporting
This phase delivers measurable climate, air-quality, and socio-economic impacts.
Operational optimization and performance stabilization
Portfolio-level reporting of climate and PM2.5 impact
Refinancing and capital recycling where appropriate
Replication of the platform model to additional provinces
Maha Sarakham serves as a template province for national and regional scale-up.