Project Milestones

Phase 1: Project Origination & Data Validation

Status: Completed / Ongoing

• Collection and verification of district-level biomass availability data (rice straw and sugarcane residues) in collaboration with the Provincial Agricultural Office

• Confirmation of total biomass potential: 342,968 tons per year across Phichit Province

• Cluster-based development strategy defined, optimizing logistics, plant sizing, and catchment radii

• Initial estimation of power generation potential (21.43 MW) and community income impact

• Preliminary environmental and PM2.5 reduction assessment completed

Phase 2: Cluster Structuring & Platform Design

Status: Completed

• Finalization of two development clusters:

  • Phichit North Cluster (10.89 MW)

  • Phichit South Cluster (10.53 MW)

• Definition of integrated infrastructure per cluster:

  • One biomass power plant

  • One organic composting facility (200,000 t/y input capacity)

  • Decentralized biomass warehouses (30–50 km catchment logic)

• High-level layout of biomass supply chain from farm gate to processing facilities

• Conceptual circular-economy model integrating energy, compost, and carbon value

Phase 3: Stakeholder Engagement & Local Alignment

Status: In Progress

• Engagement with district-level stakeholders and farming communities

• Identification of potential community enterprises and logistics operators

• Alignment with provincial clean-air and PM2.5 mitigation objectives

• Preliminary discussions with local authorities regarding land use, zoning, and permitting pathways

• Social-impact framework established to ensure inclusive community participation

Phase 4: Technical Pre-Feasibility & Site Screening

Target Timeline: Near-Term

• Screening of candidate sites for biomass power plants and composting facilities in each cluster

• Preliminary technical configurations for power generation and material handling

• Initial grid interconnection assessment

• Logistics optimization for biomass collection, storage, and seasonal buffering

• CAPEX / OPEX envelope definition at pre-feasibility level

Phase 5: Carbon & MRV Framework Development

Target Timeline: Parallel with Pre-Feasibility

• Definition of carbon baseline (open burning + fossil grid displacement)

• Selection of MRV architecture (digital-first, scalable by province)

• Preparation for third-party validation and registry alignment

• Identification of carbon monetization pathways (VCM, results-based climate finance, or hybrid)

• Integration of carbon data streams into the overall platform economics

Phase 6: Commercial Structuring & Offtake Preparation

Target Timeline: Mid-Term

• Structuring of long-term biomass supply agreements with farmer groups and community enterprises

• Preparation of electricity offtake strategy (utility PPA and/or private offtakers)

• Commercial model integrating:

  • Electricity revenue

  • Compost sales

  • Biomass logistics income

  • Carbon-linked upside (where applicable)

• Risk allocation framework for investors and lenders

Phase 7: Permitting, ESG, and Investment Readiness

Target Timeline: Mid-Term

• Environmental and social impact assessments (ESIA/IEE level, as applicable)

• ESG alignment with DFI and climate fund requirements

• Community consultation and grievance mechanisms formalized

• Preparation of investor materials:

  • Investment teaser

  • Financial model

  • Impact metrics (GHG, PM2.5, income generation)

• Advancement toward financial close readiness

Phase 8: Financing & Financial Close

Target Timeline: Project-Dependent

• Engagement with DFIs, climate funds, and strategic investors

• Finalization of equity and debt structure

• Execution of key commercial agreements

• Achievement of financial close on a cluster-by-cluster basis

Phase 9: Engineering, Procurement & Construction (EPC)

Target Timeline: Post-Financial Close

• Detailed engineering and EPC contracting

• Construction of:

  • Biomass power plants

  • Composting facilities

  • Necessary biomass warehouses

• Grid interconnection works and commissioning preparation

• Recruitment and training of local operations teams

Phase 10: Commissioning & Operations

Target Timeline: Final Phase

• Mechanical completion and commissioning of facilities

• Commencement of commercial operations

• Full activation of biomass supply chains

• Continuous monitoring of:

  • Power generation

  • Biomass utilization

  • Carbon and PM2.5 impact

• Transition into stable, long-term operations with recurring revenues