28 February 2017
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Insights InfraCo Asia
News & Highlights, February 2017
Dear ,
Welcome to Insights InfraCo Asia February 2017, which includes:
- First hydroponics project signed to pipeline
- InfraCo Asia, key case study for Australian Government Gender Review
- Feature: The woman leading Vietnam's Coc San Hydro Power Project
- Highlights from 2016 - the year that was
INFRACO ASIA LATEST HIGHLIGHTS
First hydroponics project signed to pipeline
InfraCo Asia is pleased to announce that it has signed a Joint Venture Agreement to develop a Hydroponics Project at Junga, Shimla District in Himachal Pradesh, India. InfraCo Asia—through its South Asia developer team, Equicap Asia and local partner Junga FreshnGreen Pvt. Ltd. (JFPL)—will establish a 9.3 hectare hydroponics-based agricultural facility. Read more in the media release.
Mr Allard Nooy, CEO InfraCo Asia, with JFPL Director, Mr Sandiip Bhatia after the signing at the Equicap Asia office, New Delhi.
Infrastructure Programs Gender Review
InfraCo Asia is proud to have contributed to donor government, the Australian Department of Foreign Affairs and Trade's, Infrastructure Programs Gender Review. In its role as 'case study', the InfraCo Asia team engaged in the review of the intersection of gender equality and the infrastructure development process through a deep lens. InfraCo Asia works hard to ensure its development approach constructively advances gender equality, and is pleased to have shared its experiences and successes.
2016 Year in Review
Taking stock is often an important part of planning for the future, and InfraCo Asia has some significant achievements from 2016 to reflect on. The year saw three projects commissioned and commencing Commercial Operation and eight Joint Development Agreements (JDAs) were signed with partners in Myanmar, the Philippines and India.
In 2016 InfraCo Asia welcomed a new Chair and Non-Executive Director. It signed two new Developer Teams to extend its project pipelines in South Asia and South East Asia. The Management Team grew by two. InfraCo Asia featured in more than 30 international and local news items, and its team presented at 12 conferences and events. Read the full wrap here.
PIPELINE
Nepal hydro project progresses
InfraCo Asia’s 37.6MW run-of-river hydro power project, ‘Kabeli A’ in eastern Nepal, is in an advanced stage of development. With construction about to commence, the project company Kabeli Energy Limited is further strengthening its senior management team and has appointed Mr Shersingh Bhat as CEO. Groundbreaking is planned for late March 2017. The project, once developed, will play a vital role in bolstering Nepal’s capacity to provide reliable, sustainable energy to its people, and will generate an additional 205GWh per year.
IAI Call for Proposals yields positive response
InfraCo Asia Investments (IAI), sister company of InfraCo Asia Development Pte. Ltd. (IAD, InfraCo Asia) and part of the Private Infrastructure Development Group, was pleased to receive a wide range of project proposals over the end of 2016 and start of 2017.
The IAI team are currently vetting proposals to identify those which meet its investment criteria, and will be following up with viable opportunities over the coming weeks.
FROM THE CEO'S DESK
The New Year is well underway, and InfraCo Asia’s project pipeline continues to grow significantly under our developer services and co-development programs.
Our development and financing support of each successful project spreads awareness of our sustainable development model, catalysing private sector investment that would not be possible without our stabilising involvement.
The InfraCo Asia team and their families gathered together last month for a relaxed evening hosted by my wife, Anne, and I on the rooftop of our Singapore home. It was a convivial setting to reflect on a busy year of diligence and achievements.
Last year we celebrated the commercial operation of the Coc San Hydro Power Project in Vietnam and the Metro Wind and Gul Ahmed Wind Power Projects in Pakistan.
Next month's ground-breaking ceremony in Nepal will celebrate the implementation work about to commence on another run-of-river hydro power project. The fledgling beginning of a brand new project is an excellent reminder of the work we yet have to do. We are delighted to have commitments and developments underway in nine of the twelve countries in South and South East Asia where we are mandated to work, and this stands to increase as the year progresses.
We look forward to keeping our readers and supporters up to date. Wishing all a happy and safe year ahead.
Find us on Twitter: @AllardMNooy and @InfraCoAsia.
OUR PEOPLE
Nhu (in red) pictured with members of the InfraCo Asia management and Board
A league of her own
"When she attends meetings of Vietnam's hydro union, she if often the only woman in the room. But it's a position that comes with advantages and disadvantages ..."
Nhu Quynh Ta is General Director of Lao Cai Renewable Energy, the project company responsible for running the InfraCo Asia-supported Coc San Hydro Power Project. Read our article to learn first-hand what it's like to be one of the first women to take a lead role in Vietnam’s renewable energy sector.
TALKING INFRASTRUCTURE
IAI call for project proposals
Two Inframation Group articles appeared in InfraAsia, highlighting the role of InfraCo Asia Investments in funding high-risk, high development impact programs:
Track press coverage about InfraCo Asia and its projects on our website: http://www.infracoasia.com/news-iadinthenews.asp
JDAs signed in India
Several news articles covered the partnership of InfraCo Asia with Virtuaal Infra Power to support the development of two run-of-river small hydro power projects in north eastern India:
WHAT'S ON
Asia Pacific Energy & Infrastructure Forum
On Thursday 9 March, InfraCo Asia CEO, Allard Nooy, will take part as a member of the judging panel at the Asia Pacific Energy and Infrastructure Finance Forum in Singapore.
The IJ Global Awards celebrate the best deals in energy and infrastructure over the past year.
The awards recognise the companies that played vital roles in those transactions, as well as the most innovative and significant deals to reach financial close in 2016 throughout the Asia Pacific.
Energy Institute Forum
On Thursday 30 March, InfraCo Asia’s Director of Business Development, Prabaljit Sarkar will present a paper for the Energy Institute in Singapore. Prabaljit will discuss the ‘Five Myths of Renewable Energy: Experience from South East Asia’. The event will take place at 7.30pm at the KPMG Club House.
Asia Power Forum
On Thursday 20 April, Allard Nooy will make a presentation at the Asia Power Forum, which will be held at Singapore's Fullerton Hotel.
Allard will speak on the topic, 'Asia Power Development Over the Next Decade'.
CommunicAsia Summit
On Tuesday 23 May, Allard Nooy will give a presentation at the CommunicAsia 2017 Summit in Singapore.
Allard will speak at 1.40pm on the topic, ‘Asia Power Development Over the Next Decade’. The summit will take place at the Marina Bay Sands from 23 – 25 May.
Power & Electricity World Philippines
On Wednesday 24 May, Allard Nooy will deliver a keynote address at the Power & Electricity World Philippines 2017 conference, SMX Convention Centre, Manila. He will take part in a 9.20am panel, discussing what the future holds for the Philippines’ Energy Sector.
View a full list of industry events InfraCo Asia will be engaging with on our website http://www.infracoasia.com/news-eventsandconferences.asp
InfraCo Asia Investments Pte. Ltd. (IAI) is a 'sister company' of InfraCo Asia Development Pte. Ltd. (IAD, InfraCo Asia). Both are part of the Private Infrastructure Development Group. While InfraCo Asia receives funding from the governments of Australia, Switzerland and the UK, InfraCo Asia Investments receives funding support solely from UK Aid.
About InfraCo Asia
InfraCo Asia www.infracoasia.com is a commercially managed infrastructure development and investment company headquartered in Singapore and part of the Private Infrastructure Development Group. It aims to stimulate greater private sector investment in infrastructure in Bangladesh, Bhutan, Cambodia, India, Indonesia, Laos, Myanmar, Nepal, Pakistan, Sri Lanka, the Philippines and Vietnam. InfraCo Asia develops and funds early stage, high-risk infrastructure development activities, taking an equity stake in socially responsible, commercially sustainable projects
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Level 18 Republic Plaza II
9 Raffles Place, Singapore 048619
T: + 65 6823 6860 E: info@infracoasia.com
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