Friday, August 6, 2010

One Of World's Largest Solar Plants To Be Built In Lopburi Receives Loan From ADB - Thailand Forum

One Of World's Largest Solar Plants To Be Built In Lopburi Receives Loan From ADB - Thailand Forum

The ADB will extend a long-term loan of $70 million or around Bt2 billion and $2 million in grant assistance to building the first phase of the solar power plant with a production capacity of 73 megawatts.

In addition, it purchased 6,000 tons a year of carbon credits.

For loans of more than Bt3 billion, she said Kasikornbank, Bangkok Bank, and Siam Commercial Bank would together lend funding for portions of the first phase of the construction in August.

The second phase of the project has a production capacity of 84 million watts and requires a total investment of Bt9.2 billion. The plant will be commercial launch in 2011.

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